Westside Investors Network
Westside Investors Network
AJ and Chris Shepard
Welcome to the West Side Investors Network, WIN, your community of investing knowledge for growth. This is the Real Estate Professionals Investing Podcast. For Real Estate Professionals by Real Estate Professionals. This show is focused on the next step in your career....... investing.
91. Insight into Development Market and Current Interest Rates with Michael Hamilton
ABOUT MICHAEL HAMILTONMichael Hamilton is the Managing Partner of Seneca Development Company, a premier real estate firm specializing in mid-rise multifamily development. Based in Portland, OR, Michael founded the company in 2018 and has since grown the business from $1M to over $15M in annual revenue. Seneca Development Company is a vertically integrated company, with an in-house general contracting arm, Hamilton Building Co., that allows the company to have greater control over project quality and timelines. Michael's vision, expertise, and commitment to excellence have earned him a reputation as a rising star in the industry. When he's not working on groundbreaking projects, Michael enjoys unwinding on the golf course, staying active at the gym, and spending quality time with his family.       THIS TOPIC IN A NUTSHELL: Michael’s background in development and construction armFED policies and maneuver on the Development marketDevelopment and design process How does the FED raising rates affect the Development   Vertical IntegrationTips on starting a new project and revisiting plansHis take on FED rates and Supply and DemandPortland’s rent control and comparison to other citiesCurrent market real estate and why invest in real estate?Real estate market compared to the 2008 CrisisResidential vs Commercial Why go into the Development realm?Criteria for choosing their development projectsMaterial costing and other factors to look at Loan and debt assumption on dealsHis thoughts on cap rates     KEY QUOTE: “The beauty of Development is we've got a good year and a half of design, design review, and permitting, allowing us to make decisions on when and if we pull the trigger on going vertical. I think it's more of a when not so much as if so it's a good luxury to have and it's good to know that we are hopefully trending toward the top of these interest rate markets. “    SUMMARY OF BUSINESS:Hamilton Building Co.- licensed, bonded, and insured commercial general contractor that exclusively builds products for Seneca Development Co.   Seneca Development Co. - a real estate investment company that buys, designs, develops, and operates mid-rise multifamily assets in Portland, OR.        ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #VerticalIntegration #Developer #Development #Construction #CurrentInterestRates #GroundUpDevelopment #Portland #DevelopmentProcess #DevelopmentReview #Permits #FedRates #Zoning #Shoring #Residential #Commercial #DevelopmentProjects #Materials #Costing #CapRates #Acquisition #Supply #Demand #FEDraisingRates #RealEstateMarket #HamiltonBuildingCo #SenecaDevelopmentCo #WealthCreation #newepisode #podcasting #RoadToFinancialFreedom #JointheWINpod #WestsideInvestorsNetwork  CONNECT WITH MICHAEL HAMILTON: Email: [email protected] Website: https://hamiltonbuildingco.com/, https://www.senecadevco.com/Instagram: @Michaelalanhamilton,  @senecadevco, @hamiltonbuildingTwitter: @Michael____alan LinkedIn: https://www.linkedin.com/in/michael-hamilton-13b291117/             CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Apr 12, 2023
36 min
90. Why Residential Real Estate Is The Best Asset Class with Danny Kattan
ABOUT DANNY KATTANDanny Kattan is a co-founder of PIA Residential and has more than 20 years of real estate experience. He brings strategic planning and financing experience to PIA’s management, having worked on the acquisition of over 400 properties representing more than 2000 units and a value of more than $350 million.  In addition to PIA Residential, Danny is also the Founder of Sell2Rent, a platform that aims to revolutionize residential real estate by making a sale-leaseback a mainstream alternative to selling a home. Before founding PIA, Mr. Kattan worked at Countrywide Financial as Mortgage Advisor, gaining vast experience in the residential mortgage market.  Before starting his real estate career, Mr. Kattan participated in launching an internet media services company, an advanced telecommunications company, and a biotechnology company. Danny graduated cum laude from Northeastern University with a B.S. in Industrial Engineering and received an MBA from the Wharton School of Management at the University of Pennsylvania, where he co-founded the Wharton International Network of Entrepreneurs.       THIS TOPIC IN A NUTSHELL: How Danny started in real estateBuying his first house and how it accumulated Vertical Integration and partnership Starting with SFH and small multifamily propertiesThe 400-unit deal in FloridaStaying local when buying real estateThe process of scaling up Building the real estate team Automation of processes and tools Due diligenceExperience with Institutional InvestorsSearch for Capital partners and raising money Investing during rough timesWhy Residential Real Estate is the Best Asset ClassHow to scale with less headacheBuilding a robust platform to acquire MFHLaunching a fund to lessen the risk for investors Identifying primary and secondary marketsHis take on migration Controlling the Internal Rate of Return and Cash on Cash returnsAdvice to his 25-year-old selfFirst Entrepreneurial EndeavorFormal and Informal training that shaped his journeyHis biggest mistake and what he learned from itConnect with Danny       KEY QUOTE: “A residential asset class is perhaps the most resilient asset class that I know of. People need a place to live. If somebody is hungry in the street you can give them food, but if somebody is homeless, you don't bring them to your home. Shelter is a primary need of a person.”     SUMMARY OF BUSINESS:PIA Group USA is a private equity real estate investment firm specializing in the acquisition, renovation, and management of Institutional Multifamily properties across the Southeast. Originally formed in 2009 to capitalize on the opportunity of acquiring large numbers of Single-Family Homes, PIA currently owns and manages a portfolio of properties valued at close to $200 MM. By leveraging its property management, construction, and acquisition know-how, PIA is now focusing on the acquisition of well-located, stabilized, and value-add, market-rate multifamily opportunities in growth markets across the Southeast and Texas.       ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #MultiFamily #PropertyManagement #RealEstateSyndication #Multifamily #ResidentialRealEstate #BestAssetClass #StayLocal #SingleFamilyHomes #DueDiligence #Construction #CapitalPartners #WealthPreservation #Underwriting #Fund #VerticalIntegration #GeneralPartner #LimitedPartner #MultiFamilyHomes #PassiveInvestors #WealthCreation #ApartmentInvesting #newepisode #podcasting #RoadToFinancialFreedom #JointheWINpod #WestsideInvestorsNetwork   CONNECT WITH DANNY KATTAN: Website:  www.piaresidential.comwww.sell2rent.comFacebook: @PIA Residential Instagram: @sell2rentusa @PIA Residential LinkedIn: @Danny Kattan        CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Apr 5, 2023
45 min
89. Helping Physicians achieve Passive Wealth through Real Estate with Pranay Parikh
ABOUT PRANAY PARIKHDr. Pranay Parikh is a full-time physician, Co-Founder and President of Ascent Equity Group, online course creator, and host of the MD to Entrepreneur Podcast. Dr. Parikh started out as a fresh attending with zero business experience. Despite loving his job and medicine, he didn't feel like he had financial security or control over his time. Today, he is a serial entrepreneur and practices medicine on his own terms. He has a passion for helping other doctors reach financial independence and do more of what they love. Dr. Pranay consistently strives to become the best version of himself whether it be in business, education, fitness, marriage, or family.    THIS TOPIC IN A NUTSHELL: Pranay’s background and why he got into real estateGetting into his first deal and Syndication Creating an online coursePartnership and Fund to fund dealsBuilding a brand with partnersThe learning curve with buying propertiesInvesting in Real Estate from a doctor's perspectiveInvesting in Tools and App for Investor’s privacyObstacles encountered as a doctor and how to overcome thoseDoing pre-mortem in all dealsAdvice to his 25-year-old selfFirst Entrepreneurial EndeavorFormal and informal training that shaped his journey His biggest mistake and what he learned from itConnect with Pranay     KEY QUOTE: “What beats mindset or any issues is Action. You'll get past those obstacles if you just take action. The mindset issue is still gonna be there, but the more action you take, the quieter and quieter is that voice gonna get at the back of your head.”       SUMMARY OF BUSINESS:Ascent Equity Group is a nationally focused real estate investment firm that seeks to acquire cash-flow and tax-efficient opportunities that allow our investors to grow and preserve wealth outside the stock market. Ascent Equity Group is built by doctors, for doctors. With decades of experience investing in projects covering single-family, multi-family, and mixed-use, we know all the ins and outs of introducing and onboarding new or experienced physicians to our portfolio. Our mission is to serve as a touchstone for our physicians and to give them the ability to passively invest and build returns while simultaneously shielding them from the day-to-day responsibilities of property management.      ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #MultiFamily #PropertyManagement #RealEstateSyndication #Doctors #Physicians #DoctorsHelpingDoctors # Podcaster #NestEgg #AscentEquity #PassiveInvesting #DoctorDads #FinancialIndependence #MedicalProfessionals #OnelineCourseCreator #Entrepreneur #PassiveInvestors #WealthCreation #Apartments #ApartmentInvesting #newepisode #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork    CONNECT WITH PRANAY PARIKH: Website: https://ascentequitygroup.comFacebook: @AscentEquityGroup@PranayParikhInstagram:  @AscentEquityGroupLinkedIn: @ascentequitygroup@Pranay ParikhPodcast: https://www.frommd.com       CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Mar 29, 2023
37 min
88. Deal deep-dive: How to Build Sustainable Cashflow outside the Top Real Estate Markets with Victor Bell
ABOUT VICTOR BELLVictor Bell has transacted over $59 million in real estate transactions in seven states including Hawaii, Arizona, Texas, North Carolina, Vegas, Ohio, and Michigan. Victor is also known as one of Amazon's #1 best-selling authors, a real estate trainer, and a top speaker on leadership, real estate investing, entrepreneurship, marketing, and finance. Victor Bell has been investing in Multi-Family Real Estate since the mid-1990s.      THIS TOPIC IN A NUTSHELL: How Victor got into real estateThe markets they cater to Why go into bigger dealsGetting into real estate during the 90sLearning the different aspects of real estateDealing with past mistakes and bankruptcyChasing high-priced markets vs cheap marketsHow to maximize cashflow in high-priced marketsCap rates, refinance, and revaluationWhat they do at Bell Capital Fund and waterfall structuresConnect with Victor Bell    KEY QUOTE: “You have to be in the game. In multifamily properties and how you play this thing, it is very different. That goes back to knowing what you're doing, you have to take a look at it, not just cap rates, but you also need to understand what everybody else is looking at and when they are using them.”      SUMMARY OF BUSINESS:Bell Capital acquires and manages real estate properties with a focus on both near-term income generation and long-term value creation. Victor Bell Founder and CEO, created Bell Capital to provide everyday investors access to institutional-level real estate deals in great markets that are normally reserved for only larger investors.        ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #HighPricedMarkets #CheaperMarkets #Hawaii #California #Arizona #Texas #Ohio #LasVegas #Author #MultiFamily #PropertyManagement #TopRealEstateMarkets #Revaluation #CapRates #Refinance #WaterfallStructure #RaisingCapital #WealthCreation #BellCapital #Apartments #ApartmentInvesting #DealDeepDive #newepisode #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork     CONNECT WITH VICTOR BELL: Website: www.bell-capital.comFacebook: @bellcapitalYoutube: @bellcapitalInstagram:  @therealvictorbellLinkedIn: @Victor BellTwitter: @VictorBell Get a FREE digital copy of his book! How to create wealth through investing in Apartment Buildings      CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Mar 22, 2023
36 min
87. Deal deep-dive: Your Guide To Successful Land Flipping with Pete Reese
ABOUT PETE REESEPete Reese is the President of Reelvest Properties, a land development and investment company. With nearly two decades of real estate experience as a broker and investor, Pete has successfully purchased and sold hundreds of pieces of real estate for a profit over the years for himself and on behalf of his clients. He did $3.5 Million in Revenue in 2022 with his land flipping and development business, and he’s pushing to do $10 Million in 2023. Pete’s always looking for his next deal, including his longtime dream of his own private island. Besides his professional accomplishments, Pete is a proud father to three beautiful girls, keeps up with his family by working out and enjoying a vegan diet, and is the 31st great-grandson of King Henry II.    THIS TOPIC IN A NUTSHELL: Pete’s background and journey to real estateMain business model and why he chose itLand flipping vs. House flippingStarting the business and scaling upValue add that they do on landMetrics when buying land Type of properties they are looking forNet profit on dealsinvesting out of stateHow to determine your target market and negotiate with themBest practices when dealing with agents and brokersThe biggest challenge for this business model Financing the dealPartnerships on dealsBiggest Takeaway Connect with Pete Reese     KEY QUOTE: "The positive side is that it is really a simple business in a way, especially if you can get good or if you're not good, you can get people in your team that are good at evaluating properties. You make money when you buy, so you get all these opportunities when you buy properties. If you are confident and you understand the value that you are buying, then you're instantly creating value there. Every time you close a good deal you are basically increasing your net worth. “    SUMMARY OF BUSINESS:Reelvest Properties is a real estate investment company that is committed to helping property owners across the United States sell their properties quickly. Instead of waiting years to find the right “retail” buyer for your property, we’re able to complete the purchase easily and efficiently in a matter of days or weeks.     ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #LandFlipping #YourGuideToSuccessfulLandFlipping #HouseFlip #Buyers #Sellers #MotivatedSellers #WellBalancedMarket #Land #Acres #DealHunt #Negotiate #Brokers #TopAgents #TitleSearchProcess #ReelVestProperties #TurningProfitPodcast #Offers #Location #Financing #Partnership #OutOfState #RuralAreas #Counties #PropertyEvaluation #DealDeepDive #newepisode #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork     CONNECT WITH PETE REESE: Website: Reelvest, Turning ProfitFacebook: @PeteReeseTwitter: @turningprofitYoutube: @turningprofitInstagram: @reesepeterPodcast IG: @turning_profitLinkedIn: @PeteReese       CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Mar 15, 2023
23 min
86. Deal deep-dive: From a Near-death experience to a Path of Financial Freedom with Nick Prefontaine
ABOUT NICK PREFONTAINENick Prefontaine is a two-time best-selling author of The New Rules of Real Estate Investing and Sell With Authority for Real Estate Investors. At 14, Nick suffered a life-threatening snowboarding accident. His parents were told that he'd never walk, talk or eat again on his own. He made a personal goal that he would not walk but run out of the hospital. He unknowingly used a system to do just that and less than 60 days later he ran out of the hospital.Nick got started in the real estate industry at an early age. Most notably, he was knocking on pre-foreclosure doors at 16, doing 50+ doors a day. This experience not only shaped his career but it also was a part of his recovery. Going door to door, helping people out of their unfortunate situations. Now, Nick specializes in helping our Associates get their lease purchase buyers on the path to home ownership. Getting buyers to the finish line of getting their own loan is something the entire team takes pride in. This is one of the many things that separates Wicked Smart from the competition.   THIS TOPIC IN A NUTSHELL: Nick’s background and how he got started in real estateOvercoming the snowboarding accident and recoveryThe biggest takeaway from facing a near-death experienceHis perspective on mindset shiftThe lease purchase side of the business explainedThe process involved in lease purchasesProgram to help homeownersDebt to income ratioGetting the buyers to be mortgage-readyMinimum credit level required for buyersThe cycle to get them to be mortgage readyDownpayment and fix rate leaseCommunication between the government and tenantsProperty Appreciation The goal for their tenantsHow to look for buyers for this programMarketing strategy implementedEducate buyers beforehand Process of onboarding buyers to the rent-to-own program Connect with Nick Prefontaine     KEY QUOTE: "The reason why our buyers love the program is they're able to treat, run, capture equity and take care of the property as if it's their own, even though they're not officially on a title yet. Once they close and get the loan, then they will start getting the tax benefits and so with the ownership."    SUMMARY OF BUSINESS:At Smart Real Estate Coach, we empower individuals and families to create the life of their dreams. We encourage aspiring investors and entrepreneurs to take the first step towards creating REAL income with real estate.  After many years of coaching and constantly doing deals himself independently, Chris Prefontaine founded Smart Real Estate Coach in 2014, bringing in his son Nick, daughter Kayla, and son-in-law Zachary as the company began to grow. The family team coaches investors on how to properly scale and automate their businesses throughout North America — all without using their own cash, credit, or taking out bank loans to buy property. Our team buys and sells homes in our own market every month. We then mentor, coach, and consult students and Associates all around North America to do the exact same thing. We stay current because we're in the trenches ourselves.     ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #LeasePurchases #GetWickedSmart #NearDeathExperience #OvercomingAdversity #CreativeFinancing #LifeChangingExperience #Buyers #Sellers #MortgageReady #Lenders #Disclosures #RentToOwnProgram #TenantBuyers #REInvestors #Appreciation #MinimumCreditLevel #PaydaySystem #Buy&SellTerms #homeowners #DealDeepDive #newepisode #JoinTheWINpod #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork    CONNECT WITH NICK PREFONTAINE: Website: https://smartrealestatecoach.com/Facebook Page: https://www.facebook.com/smartrealestatecoach/Youtube: https://www.youtube.com/user/smartrealestatecoachInstagram: https://www.instagram.com/smartrealestatecoach/LinkedIn: https://www.linkedin.com/in/nickprefontaine/   FREE GIVEAWAY! https://wickedsmartbooks.com/westside/   Additional links: Master's Class: www.smartrealestatecoach.com/mastersclass Strategy Call: www.smartrealestatecoach.com/action Book Request: https://wickedsmartbooks.com/westside        CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Mar 8, 2023
33 min
85. Deal deep-dive: Why IRR Is The Ultimate Multifamily Investing Metric with Trevor Thompson
ABOUT K. TREVOR THOMPSONTrevor is the Founder of Niagara Investments LLC. He is a multifamily investor and passionate entrepreneur with 47+ years of experience in the attractions and entertainment industry. He is an accredited investor and Limited Partner in 20 syndicated deals and 2 as General Partner. His investment portfolio includes multifamily apartments (2500+ doors) retail strip mall, Townhouse to Condo conversion (28 units), Single Family Rental Portfolio Fund (50 homes), ground up Multi-Family Fund (100 doors) medical office building, and land development near the new Tesla factory in Austin. He has been actively working to acquire multifamily apartments as GP/Asset Manager/Boots on Ground in TX.   THIS TOPIC IN A NUTSHELL:Trevor’s background and how he started in real estateIntroduction to passive investments and SyndicationHis transition from the entertainment industry to real estateComparison of the customer service industry to real estate About the San Antonio deal:How he found the deal in TexasAsset class and current condition of the propertyProperty description and purchase priceLoans and raising capitalRenovation and Capital Expenditure planDeveloping an asset management planProperty management and partnershipLong-term plan for this propertyHow to maintain a high-maintenance propertyUnderwriting the dealWaterfall structure and Preferred return Communication with InvestorsConnect with TrevorBiggest Takeaway from this deal   KEY QUOTE:“Internal rate of Return (IRR) in my mind, that's the king. Ultimately, that's the true measure of whether you did well, so the 3-year getting out the IRR looks really good. The way we set the deal for waterfall is that if we achieve better than 16% of the IRR, the GP split gets larger. That's the biggest payday for the GP team but that's also good for the LPs. Everybody wins. “     SUMMARY OF BUSINESS:Niagara Investments LLC - A rеаl еѕtаtе invеѕtment аnd рrореrtу mаnаgеmеnt соmраnу with fосuѕ оn multifаmilу араrtmеntѕ in the US.    ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.        #realestateinvesting #passiveincome #REinvesting #cashflow #InternalRateOfReturn #Syndicator #Syndication #AssetManagement #PropertyManagement #CapEx #FullCycle #PassiveInvestor #GeneralPartner #LimitedPartner #UnderWriting #Education #Learning #PassiveInvesting #EntertainmentIndustry #CapitalExpenditures #Apartments #Multifamily #RaisingCapital #Maintenance #DealDeepDive #newepisode #JoinTheWINpod #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork   CONNECT WITH TREVOR THOMPSON: Website: https://niagara-investments.comFacebook: https://www.facebook.com/ktrevor.thompsonJoin our Facebook group: https://www.facebook.com/groups/earnandlearnwithrealestateinvestingSubscribe to his Youtube channel: @KTrevorThompsonLinkedIn: https://www.linkedin.com/in/ktrevorthompson        CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Mar 1, 2023
28 min
84. Deal deep-dive I Subject-To deals: a Path to Homeownership with Zachary Beach
ABOUT ZACHARY BEACHZachary went from a bartender to a Real Estate Expert, Coach, and 3x bestselling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Sell with Authority for Real Estate Investors. He's the CEO of Smart Real Estate Coach, a partner in multiple 7-figure businesses, and co-host of the Smart Real Estate Coach and Not Just a Transaction podcasts. At the age of 25, Zach decided to leave the world of bartending and personal training and jump into the family business. Through hard work, in-house training, and implementation, Zach has now completed over 100 deals and, on top of that, he coaches students around the country on how to buy and sell a property just like his family still does. He has an amazing wife Kayla and two small children, his son Remi and his daughter Bellamy. He is a prime example of how to be successful both in business and at home.    THIS TOPIC IN A NUTSHELL: Zach’s short introduction What is a Sub2 deal and how does it work?The specific window of the market for Sub2 dealsSub2 financingLoans that can be assumed by the buyerFinancial challenges of sellersInstallment saleBecoming your own bank in the dealMortgage process for Sub2 deals Lease terms and 10-day cureWhy Sub2 is the best deal?Target returns for Sub2 dealsBuying Dilapidated housesWhat stood out from this dealBooks available from Smart Real estate coachesConnect with Zach     KEY QUOTE: “There's a strategy attached to different ways how you sell property, that's why creative financing is the best because there are so many options for you to use. You can get strategic on whatever state or county you're in, in order to really maximize your profits and also maximize your production.”      SUMMARY OF BUSINESS:At Smart Real Estate Coach, we empower individuals and families to create the life of their dreams. We encourage aspiring investors and entrepreneurs to take the first step towards creating REAL income with real estate.  After many years of coaching and constantly doing deals himself independently, Chris Prefontaine founded Smart Real Estate Coach in 2014, bringing in his son Nick, daughter Kayla, and son-in-law Zachary as the company began to grow. The family team coaches investors on how to properly scale and automate their businesses throughout North America — all without using their own cash, credit, or taking out bank loans to buy property. Our team buys and sells homes in our own market every month. We then mentor, coach, and consult students and Associates all around North America to do the exact same thing. We stay current because we're in the trenches ourselves.      ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.        #realestateinvesting #passiveincome #REinvesting #cashflow #SubjectToDeals #Sub2Deals # #Sub2Financing #Sub2Mortgage #Buyer #Seller #MotivatedSeller #NoMoneyDown #mortgage #LoanAssumption #TargetReturns #BecomeTheBank #FinancialChallenges #DilapidatedHouses #CreativeFinancing #GetWickedSmart #homeowners #DealDeepDive #newepisode #JoinTheWINpod #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork    CONNECT WITH ZACHARY BEACH: Website: http://www.smartrealestatecoach.com/  Facebook Page: https://www.facebook.com/smartrealestatecoach  Youtube: https://www.youtube.com/smartrealestatecoachInstagram: https://www.instagram.com/smartrealestatecoach/  LinkedIn: https://www.linkedin.com/in/zacharyrbeach/Twitter: https://twitter.com/smartrecoach   FREE GIVEAWAY! https://wickedsmartbooks.com/westside/   Additional links: Master's Class: www.smartrealestatecoach.com/mastersclass Strategy Call: www.smartrealestatecoach.com/action Book Request: https://wickedsmartbooks.com/westside       CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Feb 22, 2023
30 min
83. Deal deep-dive: Underwriting an 11-unit deal in Jacksonville with Steven McAdoo and Marc Hassan
ABOUT STEVEN MCADOO As Director of Multifamily Investment Sales in Franklin Street’s Jacksonville office, Steven McAdoo represents investors in the acquisition and disposition of multifamily assets throughout the North Florida market. Serving as a trusted partner, his goal is to maximize value for his clients in every transaction while providing first-rate service and communication.  A Jacksonville native and the University of North Florida alumnus, Mr. McAdoo possesses a strong command of the market that allows him to represent his clients with knowledge and authority. Before transitioning to brokerage, Mr. McAdoo worked in accounting and finance for several industries, including commercial development. Today, that background provides him with meticulous attention to detail, along with expertise in analysis, underwriting, asset management, and investor relations. Prior to joining Franklin Street, Mr. McAdoo specialized in multifamily investment sales with another commercial brokerage in Jacksonville and later co-founded his own private brokerage and investment firm.   ABOUT MARC HASSAN Marc Hassan was born and raised in Jacksonville where he graduated from Bishop Kenny High School in 1997. He then went on to graduate Magna Cum Laude from Jacksonville University with a B. A. in English (Major) and Business (Minor). In 2003, Marc earned the degree of Master of Business Administration (MBA) from Jacksonville University. Marc, his wife, Meghan, also a Jacksonville native, and their three children continue to call Jacksonville their home and remain active in the community.  In 2007, Marc founded Spectrum Realty Property Management with the primary focus of supporting the needs of his real estate development projects and companies. After extensive planning and reorganization, in 2015 Marc launched a new branding effort with the intention of growing Spectrum into the trusted leader in Northeast Florida for property management and real estate brokerage services. Marc is leading Spectrum Realty Property Management on the path to redefining the traditional model of a successful real estate firm.      THIS TOPIC IN A NUTSHELL: Short Intro and career background – Steven & MarcAbout the Deal:Background location and opportunitiesPros and Cons of this locationCapital Expenditures, Conditions, and Capital Improvements Target rents and unit mixVacancy and desirable areas in the Florida marketTenant damage and Security depositConcessions, Bad debt, Loss to lease Landscaping and contracting servicesTaxes and Insurance Portland vs. Florida marketRe-assessment of taxes and value of propertyManagement fee and Leasing feesRepairs & maintenanceNatural calamity and its effect on the Insurance marketThe typical expense ratio for this propertyNet operating incomeStrategy on loansProjection and market rentsDebt coverage ratioCap rates and Interest ratesConnect with Steven and Marc     KEY QUOTE: “Different people have different methodologies, some people want to get the rent roll as close to market rent as quickly as possible, and some people would rather know that turnover is expensive because of the repair cost & the amount of loss rent. It's really just a matter of personal preference on how you like to operate properties.” – Steven McAdoo  “You do have to be strategic about it if you've got four leases all coming up in the same month. You may not want to be testing the waters on all 4 leases on an 11-unit building all at once. You got to look at how the rules lay out but I'll start with the first renewal coming up and push it to the market. If I need to get someone new in, set the tone and I’m gonna get max rent as quickly as I can.” – Marc Hassan     SUMMARY OF BUSINESS:Spectrum Realty Services LLC - founded in 2007, Spectrum Realty Property Management’s primary focus is supporting the needs of its real estate development projects and companies. Our core services include buying and selling residential and commercial real estate and property management. As a full-service real estate brokerage firm, Spectrum Realty Property Management provides our clients with the latest market trends, data, and analysis for Northeast Florida. We relieve the discomfort and stress often felt when selling or buying residential real estate. Spectrum Realty Property Management is well-versed in varying commercial real estate areas. These areas include site selection, acquisition, entitlement, development, construction, investment analysis, and commercial property management.  Franklin Street is a family of full-service real estate companies focused on delivering value-added solutions to meet the evolving needs of clients. Through a collaborative philosophy of leveraging the resources, expertise, and experience of each of its divisions—Real Estate, Capital, Insurance, Property Management, and Project Management—Franklin Street offers unmatched value and optimal solutions for clients nationwide. For more information on Franklin Street, please visit FranklinSt.com.   ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.      #realestateinvesting #passiveincome #REinvesting #cashflow #SyndicatedDealAnalyzer #SDA #MultifamilyInvesting #FloridaMarket #ListingBroker #PropertyManager #PropertyManagement #CapitalImprovements #Underwriting #Jacksonville #CapEx #RentAnalysis #Revenue #mortgage #repairs #maintenance #tenant #vacancy #expenseratio #DealDeepDive #newepisode #podcasting #RoadToFinancialFreedom #WIN #JointheWINpod #WestsideInvestorsNetwork    CONNECT WITH STEVEN MCADOO: Email: [email protected] Website: https://franklinst.com/LinkedIn: https://www.linkedin.com/in/steven-mcadoo-0a458a49/Facebook: https://www.facebook.com/FranklinStLLCInstagram: https://www.instagram.com/franklinstreet.cre/  CONNECT WITH MARC HASSANWebsite: https://spectrumrealtypm.com/LinkedIn: https://www.linkedin.com/in/marc-hassan/Facebook: https://www.facebook.com/MarcHassanRealEstate     CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties      Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  
Feb 15, 2023
50 min
82. Deal deep-dive: Rocket Engineer turned Real Estate Investor with Chad Zdenek
Deal deep-dive: Rocket Engineer turned Real Estate Investor with Chad Zdenek
Feb 8, 2023
27 min
Load more