5 Talents Podcast - How To Build Wealth Through Real Estate

 If you're interested in becoming financially independent, this is an episode you won't want to miss. Hunter Thompson is a successful real estate investor, author, and speaker. He has helped hundreds of investors achieve their financial goals. He believes that everyone can become successful in investing, and he offers advice and tips on how to do so. He is not interested in any one specific asset class, but rather believes that any investment can be profitable if done correctly.

[00:01 - 08:34] Opening Segment

• Welcoming Hunter to the show
• Capital allocation, wealth preservation, and passive investing

[08:35 - 18:20] Capital Allocation and the Turbulent Economy

• Whatever business you're in, you can place capital in the right specific set
• How to build an efficient family office
  • Has an infrastructure that helps manage finances, philanthropy, and other investments
• Economic turbulence: increasing interest rates and inflationary pressures

[18:21 - 27:00] Why the Yield Curve is a Predictor of Recessions

• Yield curves slope up and to the right, meaning the further you go out on the X-axis, the higher the return would be
• An economic phenomenon takes place sometimes where people believe that there's so much risk in the short term that people kind of exit the short term bonds
• Inflation: The rich get richer and the poor get poorer

[27:01 - 32:10] Tax-Deferred Sales Trusts and Investing

• The equity multiplier can be increased by inflation and by the debt piece
• The importance of economic data
• Having a competitive edge in the market
• Advice on how to best allocate capital to achieve the best returns

[35:55 - 37:27] Closing Segment

• Connect with Hunter with the links below
• Final words

Quotes:

"inflation is the game where the rich get richer and the poor get poorer." - Hunter Thompson

I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.

Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments, fast. 

Here’s how:

STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.

STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals, and share resources that will help you in your investment journey.

STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.

STEP 4

Relax
Every investment builds additional streams of passive income getting you one step closer to financial freedom.

You can connect with Hunter through LinkedIn and Instagram.

Connect with me:

www.5talents.capital

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Clint Coons is one the founding partners of Anderson, a legal business and tax advising firm that helps real estate investors protect their assets. Clint is an asset protection expert and has helped many real estate investors structure their businesses to be more successful. In this episode, Clint discusses how he's done well in real estate investing by starting out small, growing his business, and using cost segregation, accelerated depreciation, syndication, passive investing, and capital gains distributions to pay for taxes or defer taxes. He also discusses how team building, teamworking, and a focus on the return on investment are key to success in real estate investing.

Key Highlights:

[00:00 - 06:16] Opening Segment

• Let's get to know Clint Coons
• Diversification as a new asset class of investing
• Narrowing one's focus in order to succeed

[06:16 - 14:34] Investment Strategies

• Save your time and money through entity structuring
• Time is better spent on activities that have a higher value
• Stick to what you're good at and hire professionals for what you're not
• The importance of having a well-rounded financial plan

[14:34 - 22:20] Leveraging Opportunities and Setting the Right Mindset

• The importance of planning ahead
• Having a preservation mindset and not being afraid to invest
• Having a corporation
• Setting up LLCs to funnel income from properties

[22:20 - 35:10] Cost Segregation and Other Ways to Deal with Roadblocks

• Following someone who's already done what you want to do
• Looking at different strategies and legal approaches
• Reducing the cost of purchase or renovation through cost segregation
• Partial asset disposition

[35:11 - 43:14] Closing Segment

• Biggest mistakes that people do
• Connect with Clint with the links below
• Final words

Invest back into yourself by joining Clint's free bi-weekly virtual event! Visit this link to know more.

Quotes:

"You don't want to be the smartest person in the room. If you are the smartest person in the room, then go to the other room, because those are the individuals that are going to teach you." - Clint Coons

"you should hire professionals to do what they're good at, and you should stick to doing what you're good at, and you're going to find you're going to make more money." - Clint Coons

"When opportunities come my way, my first question is, what is it going to do for me?" - Clint Coons

Connect with me:

https://www.5talents.capital/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.

Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast. 

Here's how:

STEP 1

Join

Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.

STEP 2

Learn

O

Support the show

Our special guest for today is Brian Head. He is the Founder of Head Start Equity, a real estate private equity firm that provides passive investment opportunities in primarily value-add multifamily properties. 

At Head Start Equity, our passion is to make people aware of the benefits of investing in these types of assets.  We pride ourselves on bringing great investment opportunities to our partners. We are with them every step of the way through their apartment investing journey. In addition to helping and guiding our partners, one of our priorities is helping others. One in eight women will experience breast cancer sometime in their lives. This has touched many families, including ours. One small way our company tries to help is to donate a portion of our profits to breast cancer research. 

Brian has 20 years of experience investing in real estate and is currently invested in 1,083 units. He earned his BBA degree in Finance from UTSA and has worked in the financial services industry for nearly 24 years. He resides in San Antonio with his beautiful wife and two wonderful daughters. He enjoys spending time with his family and watching and playing sports. 

Listen to Brian and learn from the Mad Scientist of Multifamily!

[00:01 - 07:31] Opening Segment

• Watch out for new content ahead
• Brian Head from the W-2 to investing in 1,200+ doors

[07:32 - 19:36] The Grind of the Corporate World and Real Estate

• Self-starter perks and the winning mindset
• Recognizing the scalability of multifamily over single family
• How real estate reduces the anxiety induced by volatility

[19:37 - 29:59] Paradigm Shift to Passive Investing 

• Looking at the long-term game and diversification
• Planting the seeds and taking advantage of tax benefits
• The power of self-education and attracting opportunities

[30:00 - 38:56] Get Started With Earning Passively

• How real estate has an upper hand in tax benefits
• The differences between active and passive income

[38:57 - 41:15] Closing Segment

• Connect with Brian
  • Links below
• Final words from Brian and me 

Tweetable Quotes: 

“The reason I got into multifamily was because it's a little bit more scalable...than the single-family.” - Brian Head

“Some people can't handle volatility, and so they'll get out at the wrong time. With real estate, specifically, our kind of deals, we're not selling tomorrow, we're not selling in a year from now. Probably going to be a few years, right? So you have some comfort in that knowing that, you know, we're not going to be worried so much about the day-to-day fluctuations and valuations and all that stuff. It's a longer-term game.” - Brian Head

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Follow Brian on LinkedIn or check out Head Start Equity to check out passive investment opportunities in primarily value-add multifamily properties!

Guest email: [email protected] 

Connect with me:

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Support the show

Our special guest for today is the “Mad Scientist of Multifamily,” Neal Bawa. Neal is Chief Executive Officer (CEO) and Founder at Grocapitus, a commercial real estate investment company. Neal sources, negotiates and acquires Commercial properties across the U.S., for nearly 500 investors. Current portfolio over 2000 units, projected to be at 3000 units in 12 months.

Neal also serves as CEO at MultifamilyU, an apartment investing education company. He speaks at events & meetups across the country. Nearly 5,000 students attend his multifamily webinar series each year and hundreds attend his Magic of Multifamily bootcamps. Neal is the co-founder of the MultifamilyU Investing Meetup network, a group of investors that has over 4,000 members.

In 2019, Neal's team is sourcing hundreds of Opportunity Zone projects in the U.S., and filtering them by OZ quality to bring them to our investors.

Listen to Neal and learn from the Mad Scientist of Multifamily!

[00:01 - 06:10] Opening Segment

• Let’s get to know Neal Bawa
• Neal talks about his journey to multifamily investing

[06:11 - 16:14] The “Super Value Add”

• Neal reveals his secrets in looking for deals
• Why no one does a “super value add”
• Here’s how to leverage a class that Neal has invented

[16:15 - 26:00] Correlation Between Interest Rates and Cap Rates

• Don’t miss Neal’s outlook in the real estate space!
• Liquidity and money are not the same things
• Here’s an important information that you learn now

[26:01 - 36:15] Built to Rent and Multifamily

• The 3 different sources that inject money into real estate
• Why many people love office investments
• Neal weighs in between “built to rent” and multifamily

[36:16- 44:11] Exit Strategy for Real Estate

• Why Neal remains bullish on real estate despite the recent trends
• Neal is positioning himself for an exit in real estate
  • Here’s why
• When to anticipate the downturn in real estate

[44:12 - 47:17] Closing Segment

• Connect with Neal
  • Links below
• Final words from Neal and me 

Tweetable Quotes: 

“[Built to rent] is by far the largest investment. No other investment landscape has seen anything like this.” - Neal Bawa

“We always tell people when it comes to investing, take it slow, make sure that the people you’re investing with...your philosophy agrees with theirs.” - Neal Bawa

Resources mentioned:

• Ivy Zelman
• Multifamily University

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Follow Neal on LinkedIn or check out Grocapitus Investments to apply advanced data-driven strategies that generate dependable passive income investing in tax-advantaged commercial real estate!

Guest email: [email protected] 

Connect with me:

https://www.5talents.capital

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Leave us a review and receive your free ebook

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Support the show

Mike Morawski is a 30-year real estate veteran managing over $285 million in transactions and syndications. After spending some years in federal prison, he decided to regain control of his life and found himself later on coaching real estate investors on multifamily investing. He can be heard regularly in his podcast, Insider Secrets, that features industry experts who share valuable advice and insights about multifamily investing.

Listen to Mike and learn from a real estate superstar!

[00:01 - 06:29] Opening Segment

• Let’s get to know Mike Morawski
• When Mike realized that he needed to syndicate deals

[06:30 - 16:33] Scaling a Real Estate Business

• How a newspaper ad brought Mike over $250M
• Mike shares his secret to scaling his business
• The “crazy part” of raising capital so quickly

[16:34 - 26:00] Mike’s Road to Redemption

• Mike shares his experience inside the federal prison
• How a random gym visit changed his life
• Mike talks about his personal mission after getting out of prison

[26:01 - 36:55] Giving Back to the Society

• If given the chance to start over again, would Mike do it?
  • Listen to his thoughts
• How Mike is planning to give back to the society
• Pay attention to acquiring wisdom while you’re young
  • Mike tells us why

[36:56- 47:53] How to Protect Your Assets

• If you think you’re doing something right, you have to think again
• Is there a better structure to protect your assets?
• Identify the right partners with these tips from Mike

[47:54 - 50:48] Closing Segment

• Connect with Mike
  • Links below
• Final words from Mike and me 

Tweetable Quotes: 

“If you feel that there is a problem, then take care of it immediately. Don’t wait.” - Mike Morawski

“You have to do things that you wouldn’t normally do.” - Mike Morawski

Resources mentioned:

• Book: The Millionaire Real Estate Investor

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Follow Mike on LinkedIn, Facebook, and Instagram or check out My Core Intentions to get trained and coached by multifamily experts!

Listen to Mike on his podcast, Insider Secrets.

• Download Mike’s FREE ebook, Exit Plan

Guest email: [email protected] and [email protected] 

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show

Our amazing guest for our Weekly Wednesday is Michael Payne, a multifamily insurance specialist at Pathfinder/LL&D Insurance Group. Michael’s team focuses on multifamily properties and commercial real estate, spending all their time to maintain and expand their expertise in the industry. He will join us today to talk about insurance and how to find the right coverage for your properties. Michael also shares some interesting insights about the future of multifamily investing. 

Listen to Michael and learn more about insurance in real estate!

[00:01 - 06:51] Opening Segment

• Let’s get to know Michael Payne
• How Michael is helping clients navigate this “very difficult market”

[06:52 - 13:01] What’s Happening in the Insurance Space?

• The current situation of the insurance side in real estate
  • Michael shares his insights
• Here’s why insurance rates are going up right now

[13:02 - 21:11] Be Bullish in Multifamily

• What to expect from insurance providers today
• Here’s a piece of advice from Michael that you should not miss!
  • Be mindful of the numbers and here’s why
• Why he is bullish about multifamily investing

[21:12 - 25:11] Closing Segment

• Connect with Michael 
  • Links below
• Final words from Michael and me 

Tweetable Quotes: 

“When you look at the numbers that myself or a competitor gives you, be very intentional...” - Michael Payne

“I think that if your investors’ expectations are set appropriately, the sky’s the limit on multifamily.” - Michael Payne

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Follow Michael on LinkedIn and check out Pathfinder/LL&D Insurance Group to discover field-tested insurance solutions!

Guest email: [email protected] 

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

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Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show

Kenny Wolfe co-founded Wolfe Investments (originally Wolfe RE Management) in 2012 only a few years after he started investing in multifamily real estate. Since then, he’s been involved in more than $130 million worth of commercial real estate transactions throughout Texas, Colorado, Louisiana, Oklahoma, and Ohio. His passion is to ensure the success of all the investments of his loyal investors. He previously served as Chief Financial Officer for Twin Cities Development, LP.

He owns a BBA from Baylor University and an MBA from the University of Texas at Arlington. When he's not scouting for new deals, he enjoys discovering new vegan restaurants, rooting on the Broncos, and spending time with his wife and kids.

Listen to Kenny and know more about finding deals as new real estate investors!

[00:01 - 05:27] Opening Segment

• Let’s get to know Kenny Wolfe
• His road to multifamily investing

[05:28 - 15:04] Syndicating Deals

• Kenny talks about their diversification strategies
• How to raise $80 million for 5,000 doors
• He gives a few tips for investors who want to syndicate deals

[15:05 - 25:34] Real Estate Investing Under the Pandemic

• Kenny gives us a sneak peek of their usual deal structures
• Here’s a strategy from Kenny to invest under the COVID-19 pandemic
• Kenny didn’t ever own a single family property
  • He explains why

[25:35 - 32:56] Why Look for Property Managers First

• Kenny gives his recommendations in finding deals
• Why you should look for a property management company
• We talk about double net and triple net assets

[32:57 - 34:09] Closing Segment

• Connect with Kenny
  • Links below
• Final words from Kenny and me 

Tweetable Quotes: 

“In the bigger commercial space, there’s not a lot of true off-market deals.” - Kenny Wolfe

“The first step is really not to find the brokers...the first step is to find the property management companies.” - Kenny Wolfe

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Follow Kenny on LinkedIn and YouTube or check out his website to learn how to create a diversified portfolio in real estate! 

Guest email: [email protected] 

Connect with me:

https://www.5tcre.com/

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Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

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Support the show

Yonah Weiss is a lifelong learner and teacher who uses his passion for teaching to support real estate investors in creating powerful tax strategies for their businesses. Known as the #CostSegKing in real estate circles, Yonah is also an advocate for cost segregation that allows investors to grow their businesses by reducing their taxable income and increasing their cash flow. He will reveal in this episode how exactly that works, as well as the things that successful people do that you can apply right now. 

Listen to Yonah and know more about cost segregation!

[00:01 - 05:25] Opening Segment

• Let’s get to know Yonah Weiss
• The benefits of cost segregation in real estate

[05:26 - 15:53] Cost Segregation

• Yonah breaks down depreciation and accelerated depreciation
• What investors should realize about tax deductions
• What most successful people do according to Yonah

[15:54 - 25:46] Business Scaling

• How to scale in the real estate business
• What Yonah learned about savvy commercial lenders
• How much depreciation can an investor expect from cost segregation?

[25:47 - 32:41] Value of Depreciation

• How depreciation is set when you buy a property
• When to reach out to Yonah and his firm
  • Should you go to your tax advisor first?
• The minimum dollar amount for real estate properties

[32:42 - 34:07] Closing Segment

• Connect with Yonah
  • Links below
• Final words from Yonah and me 

Tweetable Quotes: 

“It’s not about how much these tax deductions you can get. It’s really about how much you can use.” - Yonah Weiss

“When you know what your superpower is, when you know what you’re good at, find team members that are good at the things that you don’t like to do and then you’re not so good at.” - Yonah Weiss

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Follow Yonah on LinkedIn and check out Madison SPECS to learn how to create a powerful tax strategy for real estate investors. Visit his personal website to learn more about cost segregation.

Hear from Yonah as he talks with the best in real estate investing, business, and beyond! Play Weiss Advice on your favorite podcast player.

Guest email: [email protected] 

Connect with me:

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Leave us a review and receive your free ebook

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Peak Financing Chief Executive Officer, Anton Mattli, has decades of experience in commercial and investment banking, private equity, and commercial real estate. After graduating from Zurich Business School in banking and finance, he held senior management positions at major financial institutions in New York, Tokyo, Hong Kong, and Zurich. 

During that time, Anton was heading a bank branch, managed cross-border teams, financed and restructured commercial real estate worth several billion U.S. Dollars, and oversaw loan portfolios consisting of aircraft and ocean transport vessels. Anton also directed the structuring of complex cross-border commodity and trade finance transactions for Fortune 500 companies.

Listen to Anton and know why you should talk to loan brokers!

[00:01 - 07:10] Opening Segment

• Let’s get to know Anton Mattli 
• Anton talks about the current services of Peak Financing
  • Difference between investing alone and syndicating

[07:11 - 17:37] Loan Brokers

• Why would you go to a loan broker?
• The things that a loan broker can bring to a real estate deal
• Problems that investors might encounter according to Anton

[17:38 - 27:46] Normalization of Expenses

• What does Anton mean by “normalizing” expenses?
• A common challenge that brokers and lenders face
• Anton talks about the process of term sheets

[27:47 - 38:18] Lender Interactions

• Asking quotes from multiple lenders
• How to avoid tarnishing your reputation in front of brokers
• The approach to take for stabilized deals according to Anton

[38:19 - 45:47] Market Outlook

• Anton talks about bridge loans and why we should try them
• He gives an interesting outlook about the market in the next 2-3 years
• Anton shares his thoughts on office and retail spaces

[45:48 - 47:05] Closing Segment

• Connect with Anton
  • Links below
• Final words from Anton and me 

Tweetable Quotes: 

“We also need to understand that multifamily is not operating on its own.” - Anton Mattli

“Hospitality is probably the easiest when it comes to affordable housing. Their conversions have already taken place.” - Anton Mattli

Resources mentioned:

• Brad Sumrok

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Follow Anton on LinkedIn, Facebook, and Twitter and check out Peak Financing to find the best financing for your multifamily and other commercial real estate properties. 

Guest email: [email protected]

Connect with me:

https://www.5tcre.com/

Facebook

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Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show

In the early 2000s, Michael Ealy lost everything: his car wash business, rental properties, and even his own home. He had to go back and live with his parents at 30 years old while having to wake up every single day broke and with bad credit. He had no choice but to get creative and hustle hard, which made him financially independent just four years later. 

Michael reveals the secrets that helped him to bounce back in life within a few years in his book, “From Broke to Millions.” Today, he owns more than 1,000 apartment units, 45 rental properties, an industrial warehouse and a hotel.

Listen to Mike and learn how to go from broke to millionaire!

[00:01 - 06:40] Opening Segment

• I introduce and welcome Mike Ealy
• What’s Mike doing right now in his real estate career?

[06:41 - 16:39] An Expensive Mistake That Brought Success

• Why Mike is investing in multifamily real estate
• How long should you hold on to your properties?
  • Michael gives his take
• Losing $400,000 propelled him to success
  • Listen to Mike’s story

[16:40 - 26:36] Going From Broke to Millions

• What real estate investors can learn from Michael’s experience
• Why you should treat other people the way you want to be treated
• Mike gives an interesting insight about retail strips

[26:37 - 36:27] Creative Ways to Earn Money

• Mike shares his personal experience about investing in hotels
• How to access private wealth and sovereign wealth funds
• Mike reveals the strategies he followed to bounce back from this major life challenge

[36:28 - 44:18] Closing Segment

• Connect with Mike
  • Links below
• Final words from Mike and me 

Tweetable Quotes: 

“Always try to hold on to your assets as long as possible. That’s how you get your real wealth.” - Mike Ealy

“Treat others how you want to be treated.” - Mike Ealy

Resources mentioned:

• Facebook Group: Apartment Investing Secrets

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Follow Michael on Facebook, LinkedIn and Instagram or check out Nassau Investments to start your investment journey!

GRAB a copy of Mike’s book, “From Broke to Millions!”

Guest email: [email protected] 

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show