Welcome to the Big Mike Fund Podcast! Ready to turn market volatility into opportunity? Join host Mike Zlotnik, the Big Mike, for an insightful conversation with Dave Van Horn, co-founder and board member of PPR Capital Management. With nearly 40 years in real estate, Dave has built a powerhouse private equity fund specializing in non-performing loans (NPLs), build-to-rent (BTR) properties, and niche investments like car washes. Recorded in late April 2025 amid tariff uncertainties, this episode dives into how PPR thrives in turbulent markets by staying nimble and diversified. Dave shares strategies for acquiring $400 million in NPLs annually, capitalizing on BTR’s housing shortage with projects in Knoxville and Austin, and leveraging car washes for tax-advantaged cash flow. 

From aligning with best-in-class partners to focusing on company valuation, Dave’s insights offer a roadmap for investors to navigate high interest rates and economic shifts.HIGHLIGHTS OF THE EPISODE00:00 - Welcome to the BigMikeFund Podcast

00:26 - Guest introduction: Dave Van Horn

02:37 - Market volatility: Turning uncertainty into opportunity

04:49 - NPL strategy: Acquiring $400M in non-performing mortgages

06:59 - Securitization and flexibility in high-rate environments

11:05 - Build-to-rent: Capitalizing on the housing shortage

15:55 - BTR projects: Knoxville acquisition and Austin affordable housing

18:19 - Tariff impacts: Construction costs and labor considerations

27:59 - Competitive advantages: Best-in-class partners and unique designs

32:40 - PPR’s funds: Reliant Income Fund and car wash diversification

36:06 - Car wash investments: Tax advantages and the McDonald’s model

40:37 - Location strategy: Avoiding oversaturated markets like Florida

43:47 - How to connect with Dave and explore PPR’s opportunities

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.CONNECT WITH US:Website: www.tempofunding.comYoutube: https://www.youtube.com/channel/UCnJkdVoOsUy85ydkmot9iVA

LinkedIn: https://www.linkedin.com/in/mzlotnik/Facebook: https://web.facebook.com/TFmanagementgroup/?_rdc=1&_rdr

X: https://twitter.com/management_tf

CONNECT WITH THE GUESTLinkedIn: https://www.linkedin.com/in/dave-van-horn/

Website: https://pprcapitalmgmt.com/Full Transcript:Mike Zlotnik: Welcome to the BigMikeFund Podcast. I'm the Big Mike, Mike Zlotnik, and today it is my pleasure and a privilege to welcome back my really good friend Dave Van Horn. Hey, Dave.Dave Van Horn: Hey, Mike. How you doing?Mike Zlotnik: Great to have you back, Dave is, co-founder and I guess you are a chairman now, still a chairman. I don't know if executive or non-executive of PPR.

Dave Van Horn: Actually, I am the co-founder and board member. My partner John is executive chairman right now. I held that position for just over two years, and then, right now John's taking the lead on that and, Yeah. No, it's been good and things are going well. How about yourself? 

Mike Zlotnik: Yeah, things are good. Thanks for, coming back and we will talk about, PPR. What's going on? we are in, late April, 2025 and, th...

Welcome to the BigMikeFund Podcast! Are you a passive investor or sponsor navigating today’s challenging real estate market? Join host Mike Zlotnik for an insightful conversation with Chad Ackerman, co-founder of Leftfield Investors (now part of Passive Pockets under BiggerPockets) and a Focal Point coach. With years of experience building a platform to educate and connect limited partners (LPs) with sponsors, Chad now coaches both investors and operators to succeed in the alternative investment space. In this episode, recorded in mid-April 2025, Chad shares strategies for LPs to overcome recent market setbacks, emphasizing rigorous due diligence and stress testing deals. For sponsors, he offers guidance on building trust and refining business structures in a post-COVID, high-interest-rate environment.

Whether you’re an LP looking to make smarter investments or a sponsor aiming to strengthen your operations, Chad’s insights will help you learn from past mistakes and seize today’s opportunities.HIGHLIGHTS OF THE EPISODE00:00 - Welcome to the BigMikeFund Podcast

00:25 - Guest introduction: Chad Ackerman

01:15 - Chad’s journey with Leftfield Investors and Focal Point coaching

03:26 - Coaching sponsors and investors in today’s market

04:52 - Building trust as a sponsor: It’s a relationship business

07:02 - Evolving due diligence: Stress tests and conservative underwriting

10:26 - Finding seasoned operators who survived 2008 and recent downturns

12:41 - Overcoming recency bias in investment decisions

15:24 - Learning from mistakes: A key part of coaching

18:06 - Fixed vs. floating rate debt: Applying lessons learned

21:23 - Boosting LP confidence through education and goal-setting

25:26 - Stress testing deals: Sensitivity analysis essentials

30:22 - How to connect with Chad

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.CONNECT WITH US:Website: www.tempofunding.comYoutube: https://www.youtube.com/channel/UCnJkdVoOsUy85ydkmot9iVA

LinkedIn: https://www.linkedin.com/in/mzlotnik/Facebook: https://web.facebook.com/TFmanagementgroup/?_rdc=1&_rdr

X: https://twitter.com/management_tf

CONNECT WITH THE GUESTLinkedIn: https://www.linkedin.com/in/chad-ackerman-8089a8a/

Website: www.chadackerman.focalpointcoaching.com

Chad's Calendar: https://meetings.hubspot.com/cackerman7/20-mcc

Mobile:  614-467-0377

Email: [email protected]

Episode Tags

#PassiveInvesting

#RealEstateInvesting

#DueDiligence

#AlternativeInvestments

#InvestorEducation

#Sponsorship

#FinancialCoachingFull Transcript:Mike Zlotnik: Welcome to the BigMikeFund Podcast. I'm the BigMike, Mike Zlotnik, and it is my pleasure and a privilege to welcome back my really good friend, Chad Ackerman.

Chad Ackerman: Good to see you again. 

Mike Zlotnik: Great to see you too, Chad. He's done many things. One of them obviously founding or co-founding left field investors. And then since left Field was acquired by the PassivePockets, BiggerPockets, now it's called PassivePockets.

And then, Chad is still affiliated with...

In this episode of the BigMikeFund Podcast, host Mike Zlotnik welcomes back David McAlvany, CEO of McAlvany Financial Group, to discuss the role of precious metals in today’s volatile markets. With over 20 years in wealth management, David shares insights from his experience navigating the tech crisis and global financial crisis, founding McAlvany Wealth Management (MWM) in 2008, and launching Tactical Short in 2017 with Doug Noland. He explores gold’s dominance as a hedge against currency instability, silver’s value potential, and the importance of active portfolio management in a high-inflation, high-rate environment.

Learn why central banks are stockpiling gold, how to allocate 5-10% of your portfolio to precious metals, and why hard assets are key in today’s economy. David also introduces Vaulted.com, a low-cost solution for gold and silver trading, and shares strategies for compounding ounces through smart trading.HIGHLIGHTS OF THE EPISODE00:00 - Welcome to the BigMikeFund Podcast

00:38 - Precious metals as a volatility hedge

01:17 - Gold and currency stability

03:25 - Bullish gold outlook

03:39 - Gold vs. silver vs. platinum

06:02 - Silver's value potential

10:12 - Portfolio diversification with silver

11:05 - Central banks' gold reserves

14:07 - Precious metals allocation (5-10%)

17:44 - Precious metals storage and trading

25:32 - Stock market volatility and wealth advisory

27:20 - Active portfolio management

29:38 - Hard assets in current economy

34:33 - Connect with the guest

If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.CONNECT WITH US:Website: www.tempofunding.comYoutube: https://www.youtube.com/channel/UCnJkdVoOsUy85ydkmot9iVA

LinkedIn: https://www.linkedin.com/in/mzlotnik/Facebook: https://web.facebook.com/TFmanagementgroup/?_rdc=1&_rdr

X: https://twitter.com/management_tfCONNECT WITH THE GUESTWebsite: https://mcalvany.com/

Contact Number: +1 (800) 525-9556

Weekly Commentary: https://mcalvany.com/commentary/episodes/