BigMikeFund

BigMikeFund

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BigMikeFund episodes

  • 128: Investing Responsibly and Following Best Practices with David Van Horn

    This pandemic significantly affected the real estate market around the world, companies are being impacted in different ways. In this episode, David Van Horn shares insights into today’s crazy market and the ideal percentage of a net portfolio. As David successfully managed several residential mortgage investment funds, he also imparts some good hedge in the rental business.

    More insightful discussion in this episode, so better listen till the end!

    HIGHLIGHTS OF THE EPISODE

    00:59 – David's background

    01:51 – Notes Business: Federal Reform and Interest Rates
    04:22 - Percentage of Net Portfolio
    06:40 - Working with performing assets
    07:50 - Crazy Market
    10:10 - Normal Market Time 
    12:30 - Supply Chain
    13:20 - 2 Years of Higher Inflation
    15:08 - Good Hedge in Rental
    17:50 - How to connect with the guest

    Know what's in today in the townhouse market of New York and learn more about equity investment! Join us in this episode and be sure to check out www.tempofunding.com.

    CONNECTING WITH THE GUEST

    LinkedIn: https://www.linkedin.com/in/dave-van-horn

    Website: https://pprnoteco.com/
    Facebook: http://www.facebook.com/PPRTheNoteCompany

    20 min
  • 127: Self-Directed IRAs: Best Practices with Carl Fischer

    Self-directed IRAs are becoming more popular due to the freedom and control they offer investors. But how do you find the one that will serve you best and what should you avoid? Carl Fischer, the founder of CamaPlan, a national self-directed IRA company, discusses these topics with Big Mike. His expertise in real estate, tax rules and regulations, traditional and non-traditional asset classes, and legal documentation make him a highly respected resource in the industry. Be sure to tune in!

    HIGHLIGHTS OF THE EPISODE

    00:56 – Carl’s ‘cool’ background

    03:50 – Camaplan and self-directed IRAs
    08:16 – The importance of security
    10:10 – Relationships and education are KEY investments
    13:38 – Due diligence is always necessary
    18:11 – Tempo Growth Fund 2
    20:32 – www.camaplan.com
    20:54 – Tax and Law Changes: What Do They Mean for Investors?

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Website: www.camaplan.com

    LinkedIn: https://www.linkedin.com/company/camaplan/about/
    Youtube: https://www.youtube.com/user/camaplan1/videos
    Twitter: https://twitter.com/CamaPlan512
    Facebook: https://www.facebook.com/camaplan

    27 min
  • 126: Why are Manufactured Homes Superior? - Glenn Stromberg

    Glenn manages a fund with a niche he likes to call ‘the best-kept secret in real estate. As opposed to traditional homes, manufactured homes are built in an assembly line in one location and then delivered to another location and installed. The homes then gain value over time. You won’t believe the returns they are getting and they’ve been at it since 2006.  This has every feel of a niche that is made for income investors to prosper. Glenn “G-Pop” Stromberg dives in with Big Mike in what has made this so successful. They share market insights, refinancing perspectives and in typical Big Mike fashion, he breaks down the numbers for your viewing pleasure! High-level stuff, as usual. Watch it now!

    HIGHLIGHTS OF THE EPISODE

    01:14 - Big Mike and Little Glen aka “G-Pop” 

    01:59 - The best kept secret niche in real estate
    03:56 - Manufactured homes vs regular homes 
    06:33 - Does economy scale for manufactured homes
    08:38 - Numbers and rent price examples
    11:19 - Two investment opportunities
    12:14 - Inflation is here to stay
    14:43 - Turnkey model for investors
    16:45 - The post-COVID supply chain
    18:26 - Is it possible to get financing?
    20:00 - What about portfolio lenders?
    21:20 - Important mathematics behind leveraging  
    25:18 - Budget your capital expense repairs
    26:25 - Refi until you die
    27:27 - Why sell properties?
    30:44 - Net rate of return not gross
    31:40 - Sell your soul to depreciation
    34:14 - Superior to traditional turnkey products

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Website

    Private Lending Book

    36 min
  • 126: Why are Manufactured Homes Superior? - Glenn Stromberg
    Glenn manages a fund with a niche he likes to call ‘the best-kept secret in real estate. As opposed to traditional homes, manufactured homes are built in an assembly line in one location and then delivered to another location and installed. The homes then gain value over time. You won’t believe the returns they are getting and they’ve been at it since 2006.  This has every feel of a niche that is made for income investors to prosper. Glenn “G-Pop” Stromberg dives in with Big Mike in what has made this so successful. They share market insights, refinancing perspectives and in typical Big Mike fashion, he breaks down the numbers for your viewing pleasure! High-level stuff, as usual. Watch it now!
    HIGHLIGHTS OF THE EPISODE
    01:14 – Big Mike and Little Glen aka “G-Pop” 01:59 – The best kept secret niche in real estate03:56 – Manufactured homes vs regular homes 06:33 – Does economy scale for manufactured homes08:38 – Numbers and rent price examples11:19 – Two investment opportunities12:14 – Inflation is here to stay14:43 – Turnkey model for investors16:45 – The post-COVID supply chain18:26 – Is it possible to get financing?20:00 – What about portfolio lenders?21:20 – Important mathematics behind leveraging  25:18 – Budget your capital expense repairs26:25 – Refi until you die27:27 – Why sell properties?30:44 – Net rate of return not gross31:40 – Sell your soul to depreciation34:14 – Superior to traditional turnkey products
    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.
    CONNECTING WITH THE GUESTWebsitePrivate Lending Book
    36 min
  • 126: Why are Manufactured Homes Superior? - Glenn Stromberg

    Glenn manages a fund with a niche he likes to call ‘the best-kept secret in real estate. As opposed to traditional homes, manufactured homes are built in an assembly line in one location and then delivered to another location and installed. The homes then gain value over time. You won’t believe the returns they are getting and they’ve been at it since 2006.  This has every feel of a niche that is made for income investors to prosper. Glenn “G-Pop” Stromberg dives in with Big Mike in what has made this so successful. They share market insights, refinancing perspectives and in typical Big Mike fashion, he breaks down the numbers for your viewing pleasure! High-level stuff, as usual. Watch it now!

    HIGHLIGHTS OF THE EPISODE

    01:14 – Big Mike and Little Glen aka “G-Pop” 
    01:59 – The best kept secret niche in real estate
    03:56 – Manufactured homes vs regular homes 
    06:33 – Does economy scale for manufactured homes
    08:38 – Numbers and rent price examples
    11:19 – Two investment opportunities
    12:14 – Inflation is here to stay
    14:43 – Turnkey model for investors
    16:45 – The post-COVID supply chain
    18:26 – Is it possible to get financing?
    20:00 – What about portfolio lenders?
    21:20 – Important mathematics behind leveraging  
    25:18 – Budget your capital expense repairs
    26:25 – Refi until you die
    27:27 – Why sell properties?
    30:44 – Net rate of return not gross
    31:40 – Sell your soul to depreciation
    34:14 – Superior to traditional turnkey products

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Website
    Private Lending Book

    36 min
  • 125: Finding Your Freedom in the Market Today with David Phelps

    There is no shortage of wisdom with David and we are blessed to have him around again. This episode is all about the market (and David’s new book!). Markets are, in essence, a group of people who are looking to trade with each other. It's important to know how to find the right market but more importantly WHO you are investing with. Today in the face of an ongoing pandemic and historical inflation rates, it's really hard to know what part of the market is the best one for you. With so many different investment options, it’s easy to feel like you are in control, having such freedom to choose. This is exactly what David talks about in his book and in the episode. He shares deep market insights and investment guidance that every novice investor should hear! 

    HIGHLIGHTS OF THE EPISODE

    01:07 - Own Your Freedom book 

    02:05 - Income during the Black Swan COVID

    04:35 - The book is written on principles 

    06:01 - Transitory inflation in a top-heavy market

    09:13 - Buy in and be at the mercy of the market

    10:54 - Finding and investing with the right people

    13:19 - Get educated in investment

    16:24 - Market VS fund managers

    18:08 - The inefficiency of real estate

    19:15 - Separating the experts from the newbies

    20:51 - Live example: fully cooked books

    23:45 - For novice investors, it is about WHO you invest with  

    27:14 - What Freedom Founders does so great

    27:51 - Are you investing to learn or learning to invest?

    28:41 - https://www.freedomfounders.com/ 

    30:00 - BONUS: Big Mike teaching his daughter; stock or real estate?

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Dentist Freedom Podcast

    Website

    David’s Book: “Own Your Freedom”  

    32 min
  • 124: Getting to the Core of Cost Segregation with Terry Judge

    Helping people maximize this beautiful tax strategy is Terry Judge’s passion. He’s been doing it for 16 years and believes that a proper cost seg strategy built into a good investment fund is the number one way to build wealth. Cost segregation is all about taking advantage of one of the greatest benefits of real estate: Depreciation. The ability to deduct today and have years’ worth of appreciation without tax liability.  Cost segregation is a game-changer. It's the type of strategy that you can use to salvage a real estate investment or turn a low-yield property into one that delivers high returns on investment. Terry shares even so much high-level detail in this episode. If you’re interested in the beauty of this powerful tax strategy you will love the wisdom of Terry Judge. So much so that if you've been thinking about claiming cost segregation this year, you won’t wait another moment after watching this. Take advantage of bonus depreciation and the great tax-saving opportunities cost segregation has to offer. Your financial future will thank you for it.

    HIGHLIGHTS OF THE EPISODE

    01:14 - Terry and trying to get out of Detroit 

    05:28 - How does Cost Segregation work

    07:12 - Qualification from a legitimate cost seg firm 

    08:15 - In a nutshell: The time value of money

    09:05 - A cashflow play in today’s inflation

    11:00 - 1250 vs 1245 real properties

    12:59 - Recapture at the ordinary rates

    17:55 - Secondary cost segregation; the piggyback study

    21:26 - The most powerful tax strategy in real estate

    21:58 - Don’t let your CPAs handle your cost seg

    25:53 - Cost seg for other asset classes

    28:36 - Self-storage and industrial

    31:08 - Office and shopping spaces  

    33:26 - How about mobile home parks 

    36:08 - Landscape of taxes and the borrowing deficit

    37:48 - Real estate, cost seg and building wealth

    39:42 - https://coresolutionsgroup.net/ 

    37:05 - Multifamily Insights Podcast

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    48 min
  • 123: The Wisdom and Multifamily Insights of John Casmon

    If you worked full-time from the age of 25 to 65, you will have worked a total of 75,000 hours! John Casmon tells us that he was working in marketing and advertising for 15 years. While it has always been a plan to shift to real estate, focusing on family and spending more time accelerated this career change. From the get-go, he wore many hats, from repair to contractor, to painter but seeing as how much time it took to flip houses, John needed to find another solution. So they went from taking a bite out of the small pie deals that require time to the larger pies that involved less time and created more opportunities. It wasn’t easy of course. He shares how important fundamentals are, like cap rate comparison, and rent pricing in relation to surrounding development. He exudes a truly deep understanding of the market. One of John’s insights is that returns are a measure of risk therefore it is only proper that you know every single one of those potential risks when considering a life in real estate. Watch the episode now and don’t miss out on all the other valuable insights.

    HIGHLIGHTS OF THE EPISODE

    01:00 - John the Midwest kid 

    01:15 - 15 years in Marketing and Ad
    04:09 - The sweet spot: Large apartment buildings
    05:12 - Passive but not really
    07:09 - Small pie to larger pie
    10:09 - Pillar 1: Lead Asset Mgmt
    11:18 - Pillar 2: Partner with other operators
    12:45 - Working employee for 75,000 hours
    14:42 - Deals are created not found
    18:55 - 5-year hold and 15% IRR
    20:12 - Market Understanding
    23:41 - Negotiables and non-negotiables
    24:28 - Cap rate comparison
    26:38 - The labor side of things 
    30:11 - Where is the potential upside 
    31:35 - Returns are a measure of risk
    35:22 - Rent pricing and saved by the bell
    36:24 - Job creation and development
    37:05 - Multifamily Insights Podcast

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Emails:

    https://www.casmoncapital.com/sampledeal 

    39 min
  • 122: The Kings of Buying and Selling Land – Paul and Willie

    Paul and Willie have hit a great target niche. In an industry that deals with lots and land, they are emerging as kings of buying and selling vacant lots. It may come as a surprise to many how unsaturated this corner of the real estate industry is. Perhaps due to the risk and seemingly lack of downside protection but this duo has figured it all out. From risk mitigation to venturing into a fast-growing cash business arm, Paul and Willie are scaling at an incredible rate. Find out why they think their operations are protected against a possible recession and why they’re tripling down on buying land. The confidence in which they deliver reflects how much they've mastered this niche. Very impressive. Don't miss out. Watch the episode now!

    HIGHLIGHTS OF THE EPISODE

    01:29 - Investing in vacant lots 

    02:52 - Growing with cash listings
    03:38 - How do they get discount lots?
    04:32 - Creating value on both sides
    07:34 - An inefficient market
    09:13 - Volume of 125 lots per month
    11:17 - What do people do with the land?
    12:43 - Recreation and investments
    13:35 - Selling to neighbors
    15:55 - Downside protection
    17:55 - Risk mitigation
    19:42 - Cash and liquidity protection
    22:20 - Successful cash flipping
    23:13 - The power of MLS
    26:16 - Marketing and traffic
    27:07 - Tax Auction
    28:39 - Tripling down on land 
    30:20 - Development just takes too long
    32:12 - discountlots.com

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Emails:
    35 min
  • 121: Diversification, Value Add and Storing Up Profits with Paul Moore

    Paul Moore returns with another brilliant episode. We go down a bit in memory lane comparing ‘the perfect investment’ of 2016 to other asset options of today. Self-storage investment has emerged as an awesome investment opportunity, we compare this to Mobile Home Parks and its similar lucrative potential. But the question is, are they all overpriced? Learn about classic value add and why self-storage is being recommended and utilized so much by top fund managers in their funds. Together Mike and Paul break down the dilemma of Refi properties and holding long enough for greater IRR or pulling out investments for lesser, and redeploying for other deals. Great piece of information you don’t want to miss! Finally, Paul provides even more wisdom in fixed low-income debts, inflation, and the opportunity of building wealth during this COVID pandemic, especially with self-storage. Make sure to watch the episode until the end and learn about Paul’s newest Evergreen fund with Wellington Capital. Headache or unique investment opportunity?

    HIGHLIGHTS OF THE EPISODE

    01:15 - Storing Up Profits, published by Bigger Pockets

    01:34 - The Perfect Investment book, 2016
    02:18 - Speculation in investment
    03:08 - How to Lose Money Podcast
    03:56 - Diversification Specialist and DD partner
    05:16 - Self-storage and Mobile Home Parks
    07:11 - Classic Value Add
    08:58 - Refi or flip for greater IRR
    09:20 - Why do people flip properties
    10:11 - MHP and fixed low-income debt
    10:50 - Self-storage and capturing inflation
    12:06 - Refi and redeploying for other deals
    13:48 - Current inflation is a chance to build wealth
    15:11 - Number one risk of self-storage
    15:52 - Rise of Self-storage during COVID
    17:00 - Self-storage oversupply
    18:17 - Welling's Capital’s New Evergreen Fund
    21:52 - biggerpockets.com/storage
    22:21 - wellingscapital.com/resources

    Thank you for joining us in another episode. We are committed to inviting more guests that give value to our real estate journey. Stay tuned for more episodes. To learn more, visit our website at www.tempofunding.com.

    CONNECTING WITH THE GUEST

    Storing Up Profits

    The Perfect Investment
    Welling’s Capital

    24 min

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