What happens when life's hardships force you to pivot, and how can those very challenges lead to financial freedom?
In this episode, Yonah welcomes Ify Asoh, a dynamic real estate investor and healthcare professional. Ify shares her incredible journey from immigrating to the U.S. with nothing to becoming a successful real estate investor while working two jobs and raising three children. She opens up about the hardships she faced, and how she discovered real estate as a means to create generational wealth. Ify’s story is one of resilience, mindset shifts, and a relentless pursuit of financial independence for her family.
[00:01 - 07:00] The Journey Begins
- Ify's Nigerian roots and her experience immigrating to the U.S.
- Transitioning from chemistry to pharmacy to provide for her family
- Realizing that something needed to change after her divorce
[07:01 - 14:46] Finding Financial Freedom
- Ify’s discovery of investing during the challenges of 2022
- How Ify realized real estate could provide the cash flow she needed
- Transitioning from residential to commercial real estate
[14:47 - 21:25] Creative Financing & Mindset
- Ify’s introduction to Pace Morby and the Subto community
- Learning creative financing, such as subject-to transactions
- The significance of mindset training in achieving success
[21:26 - 28:22] Focus and Finding Your Niche
- How focusing on one goal at a time led to her success in real estate
- The importance of accountability and narrowing down priorities
- Transitioning from residential to acquiring apartment buildings
[28:23 - 35:05] Shifting Goals: Family & Legacy
- How Ify's goals have shifted from wealth to including her children in the journey
- Transferring knowledge and skills to the next generation
- Redefining success as impacting others and enjoying the process
Connect with Ify:
LinkedIn: https://www.linkedin.com/in/ifyasoh/
Instagram: https://www.instagram.com/ify_asoh/
Facebook: https://www.facebook.com/ify.asoh
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Success is a culmination of all the little different mini-wins I am experiencing on this journey." - Ify Asoh
“Life breaks everyone’s heart at some point. It was my turn, and that led me to real estate.” – Ify Asoh
What are the biggest challenges and rewards of balancing family, real estate investments, and multifamily syndications? Today, Kimberly McCall discloses her inspiring journey from humble beginnings on a reservation to becoming an active multifamily investor. She discusses the challenges of flipping houses while balancing a growing family and how she transitioned into multifamily investments. Kimberly provides insights on networking, mentorship, and adding value to others. She also dives into asset management, her passion for creating strong operational teams, and how she involves her children in the business.
[00:01 - 07:52] From Flipping to Multifamily
- Embrace humble beginnings and use them as motivation
- Flipping houses can teach invaluable lessons, but it's not the end game
- Reading foundational books like Rich Dad Poor Dad can shift your mindset
[07:53 - 14:50] Passive Income and Syndications
- Multifamily offers better opportunities for passive income
- Hard money lending can be stressful; look for more sustainable options
- Partnering with experienced syndicators accelerates learning
[14:51 - 21:27] The Backbone of Multifamily Success
- Asset management is essential for protecting and growing investor capital
- A strong operational team is just as important as raising capital
- Building repeat relationships with investors is key to long-term success
[21:28 - 28:25] Teaching Kids Real Estate Skills
- Including children in the business builds entrepreneurial skills early on
- Practical involvement, like helping with underwriting, can teach valuable lessons
- Real estate can be a family business, even for young children
[28:26 - 35:04] Creating Value for the Community
- Building a strong network can open doors and create opportunities
- Virtual meetups offer flexibility and inclusivity for participants
- Providing value to others is a core principle in any business venture
Connect with Kimberly:
LinkedIn: https://www.linkedin.com/in/kimamccall/
Instagram: https://www.instagram.com/knicemkw
Facebook: https://www.facebook.com/kamccall
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Asset management is the backbone of real estate investments. Without a good operational team, you can lose both investors and tenants." - Kimberly McCall
"Multifamily real estate is not a one-person show; asset management is a team effort." - Kimberly McCall
How does one transform a passion for real estate into a thriving business that not only scales but also benefits the community?
In this episode of Weiss Advice, Yonah chats with Denise O'Reilly, a multifaceted entrepreneur with a passion for real estate and assisted living. Denise shares her journey from working in the film industry to becoming a successful real estate investor, with a particular focus on multifamily and senior living communities. She discusses the challenges and rewards of building a business with her husband, the importance of mentorship, and the vision behind her investment fund.
[00:01 - 06:20] The Entrepreneurial Spirit
- Denise's natural inclination to turn every interest into a business
- Transition from the film industry to real estate
- The initial steps in her real estate journey
[06:21 - 12:25] Discovering Multifamily Investing
- The pivotal moment in 2019 that led Denise to multifamily real estate
- How a podcast episode sparked her interest in scaling investments
- The importance of mentorship and continuous learning
[12:26 - 19:08] Merging Passions: Assisted Living and Real Estate
- Denise's personal connection to assisted living through her family's business
- The decision to merge her expertise in multifamily with assisted living
- Building a business that serves both the community and investors
[19:09 - 26:48] Building a Family Business
- Working alongside her husband and the dynamics of their partnership
- The challenges and benefits of turning their shared passions into a business
- How their goals align to create generational wealth
[26:49 - 33:21] Scaling with Purpose: The Future of Assisted Living
- The growing demand for senior living communities
- Denise's vision for expanding her investment fund to meet this need
- The long-term impact of investing in assisted living facilities
Connect with Denise:
LinkedIn: https://www.linkedin.com/in/deniseoreillyflow/
Facebook: https://www.facebook.com/denise.oreilly.321/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"I have an entrepreneur mindset. Every time I see something, I turn it into a business or think about how it could be a business." - Denise O'Reilly
"Success is about freedom—of time, location, and income, and the ability to give back." - Denise O'Reilly
How can building an equity-driven real estate portfolio impact your finances and the communities you serve?
Today, Kevin Dugan, the Managing Principal at Altus Investment Group, shares his journey from reading Rich Dad Poor Dad in college to becoming a successful real estate investor specializing in fix-and-flips and small multifamily properties. He discusses the challenges and rewards of managing construction projects remotely, the importance of finding the right partners, and the deeper motivations behind his work. Kevin also highlights the importance of aligning business goals with personal values, particularly in positively impacting the communities he invests in.
[00:01 - 06:18] From Book to Business
- The influence of Rich Dad Poor Dad in shaping entrepreneurial mindsets
- The transition from idea to action—buying the first property
- The importance of timing in real estate investment
[06:19 - 12:06] Scaling Through Sweat Equity
- Building equity through construction as a core investment strategy
- The challenges of remote management and the necessity of strong partnerships
- Evolving from small-scale renovations to a scalable construction model
[12:07 - 18;24] The Why Behind the Work
- Business as a means to serve and create value across all stakeholders
- The role of financial education in empowering communities
- The importance of aligning business success with personal fulfillment
[18:25 - 24:49] Navigating Partnerships
- The complexities of business partnerships and the need for clear communication
- Lessons learned from both successful and challenging partnerships
- Strategies for finding and maintaining effective business relationships
[24:50 - 29:53] Balancing Ambition and Life
- The risks of prioritizing business growth at the expense of personal relationships
- The value of presence in personal and family life
- The long-term impact of balancing professional and personal success
Connect with Kevin:
Website: https://businessownersinvest.com/
LinkedIn: https://www.linkedin.com/in/kevinkdugan/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"As long as we have construction and buy an asset under value, we can build equity through our construction process." — Kevin Dugan
"It's not about just making money. It's about making a deeper impact on a larger scale." — Kevin Dugan
What if the key to building a lasting legacy in real estate lies not in skyscrapers, but in vineyards?
In this episode of Weiss Advice, host Yonah Weiss sits down with Keeley Hubbard, a serial sales expert turned vineyard syndicator. Keeley shares her journey from corporate sales to the unexpected world of Texas wine production. She discusses the intricacies of vineyard investment, the booming Texas wine industry, and the importance of building deep relationships in business. Keeley's insights on sales, coaching, and finding success through impact offer valuable lessons for entrepreneurs and investors alike.
[00:00:00 - 00:15:35] From Corporate Sales to Vineyard Syndicator
- Keeley transitioned from corporate sales to vineyard syndication after burnout
- Texas is the fourth largest wine grape growing state in the US
- Vineyard syndication offers long-term cashflow and tax benefits
[00:15:36 - 00:22:39] The Science and Art of Vineyard Management
- Vineyard location and soil composition are crucial for grape quality
- Texas High Plains AVA is ideal for grape growing but not aesthetically pleasing
- Investors can tour different stages of vineyard development
[00:22:40 - 00:29:31] The Business Side of Wine Production
- Most Texas wineries don't grow their own grapes
- Efficient vineyard management involves sophisticated science and technology
- Vineyard investments offer significant tax depreciation benefits
[00:29:32 - 00:32:13] Life Lessons and Personal Growth
- Keeley values spirituality and personal development
- She recommends books on money mindset and mental clarity
- Keeley aims to learn golf or tennis for business networking
[00:32:14 - 00:35:00] Defining Success and Making an Impact Key Takeaways:
- Success for Keeley means having a positive impact on family and clients
- Financial success is seen as a tool for creating broader impact
- Keeley measures success by how people feel after interacting with her
Connect with Keeley:
https://www.keeleyhubbard.com/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
Tweetable Quote:
"I truly believe to have an impact in life. You need to make a bunch of money. Like how can you make an impact on people if you're not yourself financially free and wealthy and money's flowing through you." - Keeley Hubbard
"We want you to come out to the vineyards. We gave an investor a full day tour a couple of weeks ago and that was a ton of fun. But we just want them to, for it to not just be another investment, for them to really buy into the process of growing grapes." - Keeley Hubbard
Support the Show.
How can immigrant entrepreneurs leverage their unique experiences to build generational wealth through real estate?
In this episode, Yonah sits down with Bryan Escudero, a first-generation American whose parents immigrated from Colombia. Bryan dives into the challenges and triumphs of navigating the real estate world as a first-generation investor, highlighting the importance of education, strategic partnerships, and the role of cultural background in shaping financial decisions. Bryan’s insights offer valuable lessons for anyone looking to make their money work for them, especially those from immigrant backgrounds.
[00:01 - 06:08] The Power of Family and Community
- The quality of relationships, not just financial gain
- The importance of a strong family bond for professional achievements
- What can drive success in business ventures
[06:09 - 12:02] First-Generation Success in Real Estate
- Why financial education is crucial for first-generation investors
- A tangible path to wealth creation beyond traditional savings methods
- The immigrant mindset of hard work
[12:03 - 18:12] Balancing a Corporate Career with Real Estate Ambitions
- The freedom to be selective with real estate deals
- How to maintain a fulfilling corporate career while building a real estate portfolio
- The role of strategic time management and partnership
[18:13 - 24:56] Overcoming Cultural Barriers in Real Estate
- The lack of financial information available in languages other than English
- Why immigrants face hurdles in accessing reliable investment information
- Providing trustworthy resources is crucial for empowering first-gen investors
[24:57 - 30:33] Focus and Discipline in Real Estate Investing
- Avoiding "shiny object syndrome" is key to long-term success in real estate
- What can help investors focus and achieve investment goals
- The importance of staying true to your mission and goals
Connect with Bryan:
Website: www.firstgenfoundations.com
LinkedIn: https://www.linkedin.com/in/bryan-escudero/
Instagram: https://www.instagram.com/firstgenfoundations/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Success means nothing to me if I'm not bringing people along with me." - Bryan Escudero
"You don’t have to do all the work yourself; learning to delegate and build a strong team is essential." – Bryan Escu
What if you could achieve financial freedom and more time with your loved ones while still pursuing the career you love?
Today, Dr. Calvin Lowe discloses his journey of balancing a demanding medical career with a passion for real estate. From learning the ropes in multifamily investing to educating fellow healthcare professionals on financial literacy, Dr. Calvin’s story is a testament to the power of perseverance, relationships, and strategic investing. He delves into the importance of family, the challenges of the medical profession, and how real estate has provided a new avenue for growth and stability.
[00:01 - 06:00] From Medicine to Multifamily
- From a full-time physician to a real estate investor
- The grind of the medical profession and its impact on family time
- The transition into multifamily investing for better work-life balance
[06:01 - 12:23] Financial Literacy in Medicine
- The lack of financial education in medical training
- Dr. Lowe’s mission to teach financial literacy to healthcare professionals
- The unique challenges faced by female healthcare professionals
[12:24 - 18:09] Exploring New Investment Avenues
- Dr. Lowe’s interest in diversifying into oil, gas, and precious metals
- The importance of education before entering new investment classes
- How real estate provided a foundation for exploring other investment opportunities
[18:10 - 24:25] Family First: The Philosophy Behind PEACEquity
- The story behind the name of Dr. Lowe’s investment company
- How family values drive his business philosophy
- The importance of generational wealth and peace of mind
[24:26 - 29:14] The Power of Networking and Local Meetups
- Dr. Lowe’s involvement in the Passive Income Club
- The value of networking and continuous education in real estate
- How local meetups can provide support and knowledge-sharing opportunities
Connect with Calvin:
LinkedIn: https://www.linkedin.com/in/calvin-lowe-17035410/
Instagram: https://www.instagram.com/peacequity/
Facebook: https://www.facebook.com/profile.php?id=61556670028846
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quote:
"Success to me is not just about the financials; it’s about leaving a legacy and having the freedom to spend quality time with the people I love." - Calvin Lowe
What strategies can multifamily investors use to navigate market fluctuations and ensure long-term success? This week, Andrew Cushman discusses the intricacies of asset management and investment strategies. He shares his journey from a chemical engineer to a successful real estate investor, emphasizing the importance of managing assets effectively to maximize returns. They dive into the current state of the multifamily market, exploring how different asset classes and regions are performing. Andrew also provides insights into his conservative underwriting approach and the significance of fixed-rate debt in uncertain economic times.
[00:01 - 07:25] The Journey Begins
- Transition from chemical engineering to real estate
- Importance of a supportive business partner
- Early challenges and lessons in house flipping
[07:26 - 14:49] Multifamily Market Insights
- The bifurcated state of the multifamily market
- Impact of market cycles on rental income
- Regional differences in market performance
[14:50 - 21:39] Conservative Underwriting Explained
- Definition and importance of conservative underwriting
- Examples of conservative assumptions in real estate deals
- How to mitigate risks through conservative strategies
[21:40 - 28.43] Asset Management Mastery
- Critical role of asset management in real estate success
- Strategies for effective property management
- The importance of hands-on involvement in managing properties
[28:44 - 34:42] Future of Real Estate and Interest Rates
- Predictions on interest rate trends
- The significance of fixed-rate loans in uncertain times
- Preparing for future market opportunities
Connect with Andrew:
Website: https://www.vpacq.com/
LinkedIn: www.linkedin.com/in/andrewcushmanvpa
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"My philosophy is live where you love to live and invest where the returns are the best." - Andrew Cushman
"When you're investing, don't make your investment completely contingent on the market or any other outcome going one way." - Andrew Cushman
"The most important thing in making money in multifamily is asset management." - Andrew Cushman
How can you turn a childhood game into a real-life financial education tool for your kids?
In this episode, Yonah welcomes Alpesh Parmar, a real estate investor and author, to discuss the innovative ways he is educating his children about finance through engaging games and real-life lessons. Alpesh shares his journey from working in IT to becoming a full-time real estate investor and how he has used his experiences to teach his kids important financial principles. They delve into his book, "Growing the Money Tree," which simplifies complex financial concepts for children, making it accessible and fun. The conversation also touches on the importance of diversifying income streams, balancing professional and personal life, and the future of financial education.
[00:01 - 06:07] Introduction and Background
Importance of early financial education
Real estate as a sustainable income source
Alpesh's transition from IT to real estate
[06:08 - 12:06] Growing the Money Tree
The role of games in financial education
Simplifying financial concepts for children
The significance of involving kids in real-life financial activities
[12:07 - 18:01] Key Financial Principles for Kids
The necessity of multiple income streams
Understanding the basics of stocks, real estate, and cryptocurrencies
The importance of saving and investing early
[18:02 - 24:14] Balancing Business and Family Life
Leveraging early mornings for productivity
Delegating tasks to focus on high-impact activities
Teaching kids through practical examples and real-life experiences
[24:15 - 30:55] The Future of Financial Education
The importance of adapting to technological advancements
Creating accessible financial education resources for the next generation
Continuous learning and adapting to new financial tools and methods
Connect with Alpesh:
YouTube: https://www.youtube.com/channel/UCcaj1JEzA8WyLYXeraZHfWQ
Facebook:https://www.facebook.com/Growingthemoneytree
Instagram: https://www.instagram.com/growingthemoneytreebook/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"You may have to work W2 when you start, but you have to start thinking about saving and investing right away." - Alpesh Parmar
"The principles are simple: don’t just think about a job; think about how you can create multiple streams of income." - Alpesh Parmar
In what ways does technology transform your approach to real estate capital raising and investor relations?
In this episode of Weiss Advice, Marisa Amirian, the founder of Cap Bloom discusses the intersection of technology and capital raising in the real estate sector. Marisa shares her journey from a tech-savvy professional in web development to a pioneer in capital-raising solutions. She delves into the importance of automation, data-driven strategies, and effective communication to streamline investor relations and enhance business efficiency. This conversation offers a deep dive into how leveraging technology can transform traditional practices in real estate investments.
[00:01 - 06:28] Meeting Marisa Amirian
- Marisa's background in technology and real estate
- Marisa’s transition from corporate law to freelancing in marketing and tech
- Founding Cap Bloom to provide tech solutions for capital raising
[06:29 - 12:25] The Role of Technology in Capital Raising
- Integrating technology into real estate investments
- Importance of automation in managing investor relations
- Customizing tech solutions for capital raisers
[12:26 - 18:19] Understanding and Implementing Automation
- Different types of automation and their applications
- How automation can enhance data management and investor communication
- Real-world examples of successful automation implementation
[18:20 - 23:37] Balancing Technology and Personal Interaction
- The necessity of maintaining personal relationships with investors
- Using technology to enhance, not replace, human interaction
- Strategies for integrating automation with personal touchpoints
[23:38 - 27:50] Leveraging Social Media and AI in Business
- Marisa’s experience with LinkedIn and its impact on her business
- The potential of AI in content creation and investor communication
- Future prospects of integrating AI into capital raising processes
Connect with Marisa:
Website: https://www.capbloom.com/
LinkedIn: https://www.linkedin.com/in/marisaamirian/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"The name of the game right now is using any technology that you can use to make your life easier because everyone's doing it." - Marisa Amirian
Not communicating and not adding value are probably the worst things you can do in capital raising." - Marisa Amirian
What fundamental truths about real estate are often overlooked by beginners and experts alike?
Today, Dan Fradenburgh, a multifaceted entrepreneur with a rich background in digital security and real estate, shares his unconventional journey into the real estate sector, emphasizing the ethical considerations and vulnerabilities within the industry. He discusses the importance of attention to detail, the benefits of commercial over residential real estate, and how his digital expertise has shaped his approach to real estate investments. Dan's insights are invaluable for anyone looking to understand the complexities and ethical dimensions of real estate.
[00:01 - 07:23] The Ethical Dilemma of Real Estate
- Real estate's perception as a scam
- The ethical contrast between residential and commercial real estate
- The importance of understanding industry vulnerabilities
[07:24 - 14:10] Dan's Unconventional Path to Real Estate
- Dan's background in digital security and marketing
- Transitioning from tech to real estate
- The role of CRM funnels in his career shift
[14:11 - 21:17] Figure It Out: The Attention to Detail
- Dan's book "FIGGERRIDOUT"
- The significance of attention to detail in tech and real estate
- Challenges in cultivating attention to detail
[21:18 - 28:00] Building Relationships Through Podcasting
- The benefits of networking via podcasts
- Creating valuable content and relationships
- Insights from hosting and guesting on multiple podcasts
[28:01 - 34:51] The Art of Lending in Real Estate
- Transitioning to the lending side of real estate
- Understanding arbitrage and its benefits
- The importance of choosing trustworthy borrowers
Connect with Dan:
Website: https://realestateisascam.com/
https://dandoesdeals.com/
LinkedIn: https://www.linkedin.com/in/dan-fradenburgh/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Real estate is often seen as a scam, but understanding its vulnerabilities can turn it into a secure investment." - Dan Fradenburgh
"Networking through podcasts opens doors to new opportunities and invaluable relationships." - Dan Fradenburgh
How can you leverage community-driven real estate investments to achieve financial freedom and mitigate risks?
In this episode, Yonah sits down with real estate investor Brian Davis to share his journey from a hard money lender to co-founding Spark Rental. Brian delves into his early missteps, the impact of the 2008 financial crisis, and his eventual pivot to passive real estate investments and syndications. He reveals the intricacies of managing an investment club that democratizes access to high-return real estate deals, providing valuable lessons on financial independence, diversification, and the power of community in investing.
[00:01 - 07:14] The Accidental Investor
- Starting a career in real estate with no prior knowledge
- Hard money lending provided Brian with insights into real estate investing
- The mid-2000s real estate boom
[07:15 - 14:12] A Real Estate Wake-Up Call
- What can lead to negative cash flow during economic downturns
- Why Brian was forced to rethink his investment strategies
- Pivoting to a job with an e-commerce company helped Brian learn new skills
[14:13 - 21:16] From Landlord to Investor
- Selling off non-performing properties can be a strategic move
- Transitioning to teaching real estate investing and property management
- Realizing the need for passive investment strategies and co-investing
[21:17 - 28:06] The Birth of Spark Rental
- Building an investment club to democratize access to real estate syndications
- Emphasizing inclusivity by accepting non-accredited investors
- Leveraging community knowledge for better investment decisions
[28:07 - 35:29] Living Abroad and Investing at Home
- Pros and cons of living overseas while running a U.S.-based business
- The importance of maintaining industry connections
- Balancing personal life and business in a foreign country
Connect with Brian:
LinkedIn: https://www.linkedin.com/in/g-brian-davis
Email: brian@sparkrental.com
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"We believe everyone should have the opportunity to invest and grow their wealth."- Brian Davis
"Investing as part of a community allows you to benefit from the collective experience and insights of the entire group." - Brian Davis
How can understanding tenant dynamics transform the profitability and management of multifamily properties?
In this episode, Rena Myers, a seasoned multifamily property management expert, discloses her journey from working with a rapidly growing property management company to managing thousands of apartments across different states. She delves into the four pillars of multifamily profitability and provides practical insights on optimizing rent, increasing occupancy, reducing delinquency, and controlling operational expenses. This episode is packed with valuable advice for anyone involved in or aspiring to join the multifamily real estate industry.
[00:01 - 07:02] The Beginning of Rena's Journey
- The start with a growing property management company
- Learning and growth through hands-on experience
- Transition to managing third-party properties
[07:03 - 14:45] Handling a Mixed-Use Property
- Managing a property with diverse tenant demographics
- Challenges and strategies in a college community
- Turning around a financially struggling property
[14:44 - 21:47] The Four Pillars of Multifamily Profitability
- Optimizing rent and increasing occupancy
- Reducing delinquency and controlling operational expenses
- Importance of balancing occupancy and delinquency rates
[21:48 - 29:05] Marketing and Technology in Property Management
- Utilizing Facebook Marketplace and Google reviews
- The role of social media in attracting tenants
- Challenges and benefits of using AI in leasing
[09:06 - 37:38] Tailoring Amenities and Tenant Events
- Customizing amenities to tenant demographics
- Organizing tenant events to build community
- Importance of tenant-centric management
Connect with Rena:
LinkedIn: https://www.linkedin.com/in/rena-myers/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"If you don't have health, you don't have anything." – Rena Myers
"Optimizing rent and increasing occupancy are fundamental, but they must go hand in hand with reducing delinquency and controlling operational expenses." – Rena Myers
What impact does embracing humor and networking have on your corporate career and entrepreneurial journey?
Today, host Yonah welcomes the dynamic and humorous Murray Beaulieu. With a rich background in the army, high tech, and finance, Murray shares his unique journey from corporate life to entrepreneurship. Known for his knack for networking and injecting levity into the corporate environment, Murray offers insightful anecdotes and practical advice on the importance of building relationships, understanding business credit, and leveraging one's network for success. This conversation is filled with laughter, wisdom, and invaluable tips for anyone navigating the complex worlds of corporate and entrepreneurial endeavors.
[00:01 - 08:18] From Army Veteran to High Tech Guru
- The importance of discipline and leadership in corporate roles
- Transitioning from military to high tech and the value of adaptability
- Insights into operations and finance within Fortune 500 companies
[08:19 - 16:07] Humor and Networking in the Corporate World
- Using humor to break the monotony and build connections
- The art of networking within a large organization
- Strategies for influencing without authority
[16:08 - 24:01] Financial Consulting and Entrepreneurial Shift
- The shift from corporate finance to entrepreneurial endeavors
- Importance of financial literacy and business credit
- Benefits of separating personal and business finances
[24:02 - 32:38] Building Business Credit and Financial Independence
- Strategies for building a strong business credit profile
- Differences between personal and business credit
- Minimizing personal guarantees to protect personal assets
[32:39 - 37:11] The Power of Delegation and Continuous Learning
- Leveraging your network for business growth
- Importance of delegating tasks and focusing on strategic goals
- Continuous learning and adapting to new challenges
Connect with Murray:
Website: https://www.trebuchetsolutions.com/
LinkedIn: https://www.linkedin.com/in/murraybeaulieu/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Networking is crucial in a big company; you have to influence people who don't work for you to get things done." – Murray Beaulieu
"Humor breaks the monotony and fosters better relationships in the workplace." – Murray Beaulieu
In this milestone 400th episode of Weiss Advice, host Yonah brings together a remarkable group of past guests to share their most valuable insights and experiences. This reunion episode is a treasure trove of wisdom, covering everything from personal growth and resilience to the impact of AI and the power of genuine relationships. Join us as we celebrate the journey of Weiss Advice and delve into the minds of some of the most successful and inspiring individuals in the real estate and business world.
[00:01 - 02:08] A Very Special Episode
- I welcome my guests to the show
- 400 episodes of Weiss Advice
[02:09 - 01:05:29] Episode 400 Bonanza!
- Mark Jensen
- A prime time for commercial real estate
- Amy Sylvis
- Recommends "The Go-Giver" by Bob Burg
- Matt Picheny
- The importance of cultivating relationships
- Ira Zlotowitz
- Incorporate AI into your business
- Dan Lewkowicz
- Focus on providing value
- Kelly Iannone
- Start small and start now
- Adam Gower
- Be ready for the market dislocation
- Monick Halm
- The purpose of the goal is to shape who you become
- Casey Mericle
- Zag when other people are zigging
- Bryant Dawson
- Get in, get started and staty consistent
- Lauren Aumond
- People that look rich aren't
- Teshra Robles
- Spend one hour a week with your money
- Julie Holly
- Live into your special unique talents
- Lonny Wolfe
- Be you, titles mean nothing
- Thomas Castelli
- How to offset your active business income
- Michael Plaks
- Focus more on your core and less on taxes
- Flint Jamison
- Take actions on the data that you have today
- Jeff Hoch
- Before you're interesting, be interested
- Shelon Hutch
- Improve your attitude towards the world
- Reid Bennett
- Now is the time for commercial real estate
- Yosef Lee
- Count your remaining summers with your kids
- Bob Knakal
- The AI real estate company
- Linda Lim
- Every day is the right timing,
- Nick Stromwall
- To become who you want to be, take risks
- Donna Reid
- It's not what you say, it's how you say it
- Jason Balara
- Know your why
- Vessi Kapoulian
- Never give up
- Rebekah Taylor
- Make your priorities now
- Esther Reizes
- Just take action
[01:05:30 - 01:07:43] Closing Segment
- Final words
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
How can you turn personal finances into your ultimate business strategy for life freedom?
This week, Teshra Robles, a financial expert with a unique approach to personal finance, shares her journey from Texas to Hawaii, and eventually to Bonners Ferry, Idaho, highlighting her passion for numbers and the importance of individualized financial planning. She discusses the benefits of treating personal finances as a business, the significance of stewardship, and offers practical tips on using tools like QuickBooks to gain financial clarity. Teshra’s insights emphasize the importance of understanding where your money comes from and where it goes, enabling you to make informed decisions that lead to financial freedom.
[00:01 - 07:09] Introduction to Teshra Stephan Robles
- Teshra's diverse background from Texas to Hawaii
- The influence of her upbringing on her career path
- The importance of unique financial systems for unique individuals
[07:10 - 14:55] From Accounting to Motherhood
- Transition from corporate law aspirations to accounting
- The decision to become a stay-at-home mom.
- Returning to work in the banking secto
[14:56 - 21:49] The Journey to Entrepreneurship
- Leaving the banking world to start her own business
- The challenges and rewards of entrepreneurship
- Importance of personal finance management in business success
[21:50 - 31:29] Practical Financial Tips
- Utilizing QuickBooks for personal finance management
- The importance of regular financial reviews
- Making financial management a weekly habit
[31:30 - 37:03] Financial Stewardship and Contentment
- The concept of financial stewardship
- Teaching teenagers about financial responsibility
- Finding contentment with what you have
Connect with Teshra:
Website: www.teshradoyou.com
Facebook: www.facebook.com/TeshraDoYou
Instagram: www.instagram.com/teshra_doyou
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Our financial system should be as unique as we are." - Teshra Robles
"If you can keep it simple, you can stay on top of it." - Teshra Robles
What can you learn from a journey that takes you from a groundskeeper to a successful real estate investor?
This week, Yonah welcomes Adrian Danila, a multifamily expert with an inspiring journey from a Romanian law graduate to a U.S.-based real estate investor and consultant. Adrian shares his story, starting as a groundskeeper and rising through the ranks to manage thousands of units and eventually launching his consulting business. He emphasizes the importance of thorough due diligence, maintenance, and having skin in the game for property management. Adrian also discusses his passion for public speaking, media, and giving back to the community through his multifamily podcasts.
[00:01 - 06:41] From Romania to Real Estate
- Importance of seizing opportunities even with minimal initial knowledge
- The value of hard work and perseverance in climbing the career ladder
- The impact of supportive networks in achieving success
[06:42 - 12:30] Investing in Real Estate
- Start with thorough due diligence to avoid costly mistakes
- The benefits of self-managing properties to understand the ins and outs of real estate
- Challenges and strategies of managing properties remotely
[12:31 - 16:12] The Role of Maintenance in Property Management
- Ensuring regular property inspections to prevent deferred maintenance
- The importance of having knowledgeable maintenance staff or consultants
- How deferred maintenance can significantly impact property value and investment returns
[16:13 - 23:49] Media and Public Speaking: Building a Multifamily Brand
- Using podcasts as a platform to share knowledge and build a network
- The value of creating content to educate and engage the real estate community
- Tips for starting and maintaining a successful podcast
[23:50 - 28:47] Mentorship and Giving Back
- The significance of mentoring the next generation of real estate professionals
- The rewarding nature of sharing knowledge and experiences
- Strategies for effective mentorship and building a supportive community
Connect with Adrian:
LinkedIn: https://www.linkedin.com/in/adriandanila/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"When you buy, you have to be aware of what you're spending your money on." - Adrian Danila
"The best way to find out if your story is interesting is to create your own platform and share it with the world." - Adrian Danila
How does one seamlessly transition from military service to thriving in real estate and entrepreneurship while making a meaningful impact?
In this episode of Weiss Advice, Yonah sits down with Tyler Goble who shares his journey from the Naval Academy to building a business with his wife that combines real estate, high-end design, and data science consulting. They delve into how Tyler and his wife use their business to support anti-human trafficking efforts and provide meaningful work, discussing the importance of giving and hiring in parallel. Tyler offers insights into optimizing time, leveraging data science in real estate, and balancing active and passive income to create a lasting impact.
[00:01 - 06:58] From the Naval Academy to Real Estate
- Realizing the potential of house hacking
- Transition from military to entrepreneurship
- The importance of working together with a spouse in business
[06:59 - 12:50] Mission-Driven Entrepreneurship
- Supporting anti-human trafficking through business
- The impact of tithing and giving to meaningful causes
- Founding LTG Investments with a greater purpose
[12:51 - 18:23] Optimizing Time and Real Estate Adjacent Work
- Balancing a full-time job with entrepreneurial ventures
- Leveraging data science in real estate
- The importance of efficient business practices
[18:24 - 24:35] Building a Sustainable Business
- Hiring offshore talent to enhance productivity
- Providing quality jobs as a form of philanthropy
- Strategies for creating a margin in business to take calculated risks
[24:36 - 31:41] Long-Term Goals and Impact
- Future plans for growth and maintaining control of the business
- Balancing active and passive income for long-term success
- The significance of meaningful work and community building
Connect with Tyler:
LinkedIn: https://www.linkedin.com/in/tylergoble54
Instagram:https://www.instagram.com/tylergoble54/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"I really believe that we're called to work and we're called to do meaningful work." - Tyler Goble
"We’re passionate about using business to help fund the fight against trafficking. For us, business is really kind of where our heart is." - Tyler Goble
How could real estate transform your financial future? In this episode, Rachel Gainsbrugh, a former pharmacist, shares her journey from working multiple jobs to pay off student loan debt to discovering the lucrative world of real estate investing. She discusses the strategies and mindset shifts that propelled her to success, emphasizing the importance of financial literacy and the power of leveraging real estate to create passive income. This episode is packed with insights on transitioning careers, managing rental properties, and achieving financial independence.
[00:01 - 06:13] The Journey Begins
- Hard work is not always the answer; finding strategic leverage is crucial
- The importance of financial literacy in transforming financial situations
- Real estate can offer opportunities beyond traditional career paths
[06:14 - 12:51] Discovering Real Estate
- The power of financial literacy experts and real estate podcasts
- How real estate investment shifted their financial trajectory
- The value of diversifying income streams through real estate
[12:52 - 18:00] From Medicine to Real Estate
- Skills from one profession can translate to success in another
- The importance of mindset shifts in achieving new career goals
- Real estate investing requires initial hard work but offers long-term rewards
[18:01 - 24:16] Scaling the Business
- Less can be more: the 2-door strategy for maximizing profitability
- The importance of systems and processes in managing rental properties
- The role of tax benefits and strategic investments in real estate success
[24:17 - 33:39] Impact and Legacy
- Setting a date and working backward to achieve financial goals
- The significance of taking massive action towards your dreams
- Success is not just about financial gain but also about the impact you leave behind
Connect with Rachel:
Website: https://www.shorttermgems.com
LinkedIn: https://www.linkedin.com/in/dr-rachel-gainsbrugh
Instagram: https://www.instagram.com/short.term.gems
Facebook: https://www.facebook.com/shorttermgems
YouTube: https://www.youtube.com/@theluxurystrdoctorshow
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"It's not just about ROI; it's also about your return on energy, enjoyment, and effort." - Rachel Gainsbrugh
"Real estate investing was a game-changer for us. It changed the trajectory of our lives." - Rachel Gainsbrugh
Have you ever considered how managing real estate assets is akin to running a full-fledged business?
This week, our guest is Kyle McKinney, the Founder of Pentagon Property Academy. He shares his journey from federal government consulting to leading Pentagon Property Academy, focusing on asset management within the multifamily sector. He discusses the importance of skill sets, financial reporting, and leadership in real estate, emphasizing that buying properties is more than a transaction—it's managing a complex business. Kyle's insights into asset management, his experience with a substantial exit to a REIT, and his current endeavors in coaching provide valuable lessons for aspiring and experienced investors alike.
[00:01 - 05:14] From Pentagon to Property: Kyle’s Journey
- Transitioning from federal consulting to commercial real estate
- The significance of mentorship and community in real estate
- Overview of Kyle's career and significant achievements
[05:15 - 15:29] The Significance of Asset Management
- Asset management is crucial for the longevity of investments
- Financial reporting should go beyond software-generated data
- The importance of creating a factual and accurate narrative from data
[15:30 - 20:13] Lessons from Leading a REIT Exit
- Leading a successful exit to a REIT requires robust leadership skills
- The significance of hands-on management in multifamily investments
- Long-term strategies for sustained success in real estate
[20:14 - 25:37] Current Trends and Market Insights
- The impact of interest rates and inflation on real estate investments
- The importance of adapting to market changes with strong asset management
- Predictions for the next 5-10 years in the real estate market
[25:38 - 29:03] Personal Reflections and Final Thoughts
- The value of likability and networking in business success
- Personal definitions of success and the importance of long-term relationships
- Encouragement to embrace continuous learning and improvement
Connect with Kyle:
LinkedIn: https://www.linkedin.com/in/kylemckinney35/
Twitter: https://x.com/iamkylemckinney
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Every number has a story, and it's crucial to uncover the narrative behind financial data to manage assets effectively." - Kyle McKinney
"Asset management is often underrated, but it's the key to turning investment goals into reality." - Yonah Weiss
Can smart money truly create a cushion against market volatility, and how does mezzanine financing play a role in stabilizing investments during economic downturns?
In this episode, Mike Zlotnik, a seasoned expert in commercial real estate and fund management, explores the nuanced strategies of mezzanine financing in the commercial real estate sector. As markets face volatility and shifting investment landscapes, Big Mike shares valuable wisdom on navigating these challenges through strategic financial structuring. Listeners will gain a profound understanding of how sophisticated financing options can provide safety nets and high returns, even in uncertain times.
[00:01 - 08:00] The Genesis of a Real Estate Maven
- Mike's migration from technology to real estate investing
- The concept of mezzanine financing and its importance in real estate
- Early challenges and opportunities in Mike's career transition
[08:01 - 16:00] Navigating Through Crises with Mezzanine Financing
- Detailed explanation of mezzanine financing structures
- Historical impacts of economic downturns on real estate and strategic responses
- The role of smart money in overcoming these challenges
[16:01 - 24:00] Real-Time Market Adaptations
- Examples of adapting to market changes and safeguarding investment
- The current state of the market and strategic positioning for potential upswings
- The balance between risk and reward in investment decisions
[24:01 - 32:00] The Future of Real Estate Investing
- Predictions for the real estate market and the evolving role of mezzanine financing
- How investors can identify and leverage opportunities in a fluctuating market
- The importance of due diligence and strategic foresight in investing
[32:01 - 41:51] Philosophical Reflections and Tactical Insights
- The philosophical underpinnings of investment strategies
- What success means in the volatile world of real estate
- Practical advice for new and seasoned investors navigating the current economic landscape
Connect with Mike:
Website: https://tempofunding.com/
LinkedIn: https://www.linkedin.com/in/mzlotnik/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Experience is what you get when you don’t get what you want." - Mike Zlotnik
"The best investing time is when others are running away from the market." - Mike Zlotnik
How can your professional development significantly impact your career, personal life, and those around you?
In this inspiring episode, Josh Etress, a seasoned leader who transitioned from full-time Christian ministry into the tech and commercial real estate sectors, explores the profound impact of leadership training, the significance of building a culture within a company, and the intriguing concept of redeeming properties in commercial real estate. Josh’s insights into hiring practices, team management, and personal development offer invaluable lessons for listeners aiming to foster a nurturing yet challenging workplace.
[00:01 - 08:22] Starting Strong with the Right Team
- The importance of making excellent hires in shaping company culture
- The impact of poor hiring on company progress
- Strategies for fostering a team-oriented environment
[08:23 - 16:37] Building Influence through Authenticity on Social Media
- Leveraging platforms to enhance professional networks and company vision
- The significance of sharing genuine stories and experiences to engage an audience
- Utilizing content creation as a tool for thought leadership and business growth
[16:37 - 24:08] Leadership Lessons from Diverse Experiences
- Adapting leadership skills across different industries and roles
- The importance of understanding and implementing effective team dynamics
- Strategies for personal and professional growth through reflective leadership
[24:09 - 32:14] Cultivating a High-Performance Team Culture
- Techniques for building a culture of high standards and mutual respect
- The role of intentional leadership in fostering a productive workplace environment
- Insights into balancing team aspirations with organizational goals
[32:15 - 41:20] Reflections and Takeaways
- The power of asking the right questions to extract deep insights
- Insights into the commercial real estate industry and its complexities
- The concept of property redemption and its business implications
Connect with Josh:
LinkedIn: https://www.linkedin.com/in/joshetress/
Twitter: https://twitter.com/JoshEtress
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"When people hold you to a high standard, people rise to the level of expectations you have for them." - Josh Etress
"When you're building a company of any kind, if you make great hires, they're going to do everything faster and better than you expected." - Josh Etress
What does it mean to blend a rigorous military background with the dynamic real estate investment challenges, and how can others apply these principles to their careers?
Today, our guest is Nap deCiutiis, a retired Navy Special Operations Master Chief turned real estate developer. The conversation reveals how Nap's disciplined military background and unique life philosophies fuel his successes and personal growth. They discuss the challenges and triumphs of transitioning careers, the impact of community and tourism on local economies, and the personal ethos that guides Nap’s decisions.
[00:01 - 05:31] A New Focus on Family and Truth
- The importance of focusing on personal growth and family over external noise
- The impact of truthful living on personal and professional success
- Strategies for effective life planning and goal setting
[05:32 - 10:30] From Navy to Real Estate
- Applying military discipline and strategic planning to real estate
- Embracing career transitions by finding parallels between past experiences and new opportunities
- The importance of adaptability in achieving career success
[10:31 - 15:52] Building a Real Estate Empire
- Lessons on scaling operations and managing construction projects
- Navigating real estate market fluctuations with a strategic approach
- Insights into the short-term rental market dynamics on the Emerald Coast
[15:53 - 21:59] Investment Philosophies and Life Lessons
- The significance of not letting emotions override business decisions
- Learning from failures and using them as stepping stones for future success
- The personal philosophy of investing in oneself and finding peace
[22:00 - 28:27] A Vision for the Future
- Building a community-centric business model
- The importance of creating a lasting impact through business and personal life
- Future aspirations and the importance of family in defining success
Connect with Nap:
Website: https://theshorttermshop.com/
LinkedIn: https://www.linkedin.com/in/nap-deciutiis/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Big dreams don't cost any more than small dreams." — Nap deCiutiis
"The best advice is that if you are a decent human being and you speak the truth to yourself and write down your plan, there's nothing that you cannot do." — Nap deCiutiis
How the intricacies of short-term rental investments and lending can dramatically shift your real estate journey? In this episode, Parker Borofsky, an expert in short-term rental investments and lending, shares her journey as a mother, investor, and lender, revealing key insights into the nuances of investment real estate financing and the transformative impact of short-term rentals. From creative financing solutions to managing a portfolio of properties, Parker provides invaluable advice for both new and seasoned investors!
[00:01 - 07:00] The Opportune Moment for Investment
- Ideal timing for fence-sitters in real estate investment
- The impact of fluctuating interest rates and inflation on real estate
- Strategies for navigating the current real estate market
[07:01 - 13:00] Navigating Short-Term Rental Investments
- The growing popularity and nuances of short-term rental investments
- The role of lending in short-term rental investment strategies
- Insights into market trends in short-term rentals
[13:01 - 19:00] Creative Financing Solutions
- Exploring innovative lending options for short-term rentals
- The significance of debt-to-income ratios in loan approval
- Misconceptions in financing and how to approach them
[19:01 - 25:00] The Entrepreneurial Journey in Real Estate
- Parker's personal journey as an investor and lender
- Balancing multiple roles in the real estate sector
- The importance of adaptability and learning in real estate investing
[25:01 - 31:00] Future Trends and Closing Thoughts
- Predictions for the future of real estate investing and lending
- Key advice for upcoming real estate investors and lenders
- Final insights and reflections on the current state of the market
[31:01 - 39:13]The Final Four: Worst Job, Book, Skill to Learn, & Definition of Success
- Worst job ever was being an administrative for a dating service
- Book that gave a paradigm shift: The Pumpkin Plan by Mike Michalowicz
- Skill/talent to learn: Public Speaking
- Succes is defined as creating more freedom and choices
Connect with Parker
Facebook: https://www.facebook.com/Vtrockett?mibextid=LQQJ4d
Calendly: https://calendly.com/parker-rob
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
"Navigating the lending landscape requires both knowledge and creativity, especially in the nuanced field of short-term rental investments." - Parker Borofs
How can you achieve financial success while on vacation? In this episode of Weiss Advice, we welcome Lauren Aumond, Lauren is a podcast host and real estate investor based in Tampa Bay. She has a Finance degree from the University of Florida and a graduate certificate in financial planning from Boston University. Lauren and her husband reached financial independence at 33 and 30 years old and are in the process of planning the next season of their lives.
Tune in to this episode as Lauren provides tips on how to handle communication while away on vacation and to be comfortable with not everything going perfectly all the time!
[00:01 - 01:26] Opening Segment
- We welcome, Lauren Aumond!
- Lauren is the host of the podcast, “Adulting Is Easy”
[01:27 - 24:19] How Real Estate And Systematization Help Couples Reach Their Goals
- The importance of taking action and learning along the way
- Being frugal with their housing and transportation
- The goal is to get the property up and running with CapEx
- Self-managing 10 short-term rentals and 3 long-term rentals
- Using property management software, dynamic pricing, etc.
- Handling guest communications herself
[29:20 - 32:54] THE FINAL FOUR
- What's the worst job that you ever had?
- She worked as a Front-End Department Supervisor
- What's a book you've read that has given you a paradigm shift?
- “Predictable Success” by Les McKeown
- What is a skill or talent that you would like to learn?
- Continue playing golf
- What does success mean to you?
- Lauren says, “Success means freedom and happiness. “
Connect with Lauren Aumond:
Website: Real Adulting Is Easy
Twitter: @adultingiseasy
Instagram: @adultingiseasyreal
YouTube: @adultingiseasy
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
“Goals are meant to be either met or revisited over time. And that's what has happened with adulting is easy, my regular career, and real estate investing.” – Lauren Aumond
“Seeing the big picture and keeping an eye on our goals even when we have setbacks... We keep our eyes on the big picture and we know one year from now, we'll be in a really, really good spot.” – Lauren Aumond
Creative Financing & Mindset Shifts for Success with Ify Asoh
35:05
Raising a Family and Multifamily Portfolio with Kimberly McCall
35:04
The Intersection of Business and Community with Denise O'Reilly
33:21
Building Equity, Building Community with Kevin Dugan
29:53
Growing a Legacy: The Business of Vineyard Investment with Keeley Hubbard
35:27
First-Gen Financial Freedom: Bryan Escudero’s Journey
30:33
Achieving Work-Life Balance Through Real Estate with Calvin Lowe
29:14
Market Strategies for Multifamily Investors with Andrew Cushman
34:42
Growing the Money Tree with Alpesh Parmar
30:56
Building a Tech-Driven Real Estate Business with Marisa Amirian
27:50
Real Estate is a SCAM with Dan Fradenburgh
34:51
The Power of Collective Investment: Insights from Brian Davis
35:29
The Four Pillars of Multifamily Profitability with Rena Myers
37:38
Personal Branding and Networking Strategies with Murray Beaulieu
37:11
Episode 400 Bonanza!
1:07:43
Financial Freedom through Personal Stewardship with Teshra Robles
37:04
Scaling the Heights of Property Management with Adrian Danila
28:47
Fighting Human Trafficking via REI and Data Science with Tyler Goble
31:41
The 2-Door Strategy: Maximizing Profitability with Real Estate with Rachel Gainsbrugh
33:39
Unlocking Success with Effective Asset Management with Kyle McKinney
29:03
Smart Money Strategies in Real Estate with Mike Zlotnik
41:51
Building Better Teams Through Authentic Engagement with Josh Etress
41:20
Blueprints from the Battlefield to Building Fortunes with Nap deCiutiis
28:27
Unveiling the World of Short-Term Rental Financing with Parker Borofsky
39:13
Adulting is Easy with Lauren Aumond
32:54