BigMikeFund

My guest today is Paul Moore, the co-founder of Wellings Capital. He is also the host of the How to Lose Money podcast. Paul explains how his conversations with founders inspired How to Lose Money and how failures are the best teachers. We discuss how Paul got into real estate and why he prefers multi-family and self-storage deals.

Paul is the author of a book on the subject of multi-family real estate called The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing. He shares his opinions on that particular space and why it has been difficult to find deals.

Also, Paul is a passionate advocate for stopping human trafficking. He speaks about his work with the organization, Exodus Cry and how my listeners can get involved in the cause. Paul has a classic rags to riches story that will both inspire and educate you.

MINUTE MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome Paul Moore to the podcast.

00:47 -- How to Lose Money podcast.

01:05 -- The conversations that inspired How to Lose Money.

02:17 -- Your pain is your power.

02:54 -- Paul’s background.

04:13 -- How Paul got into real estate.

06:33 -- Paul’s rags to riches story.

08:38 -- How “giving your way of debt” helped Paul get out of debt in 13 months.

11:37 -- Paul’s involvement with Exodus Cry.

16:24 -- The reasons multi-family deals are hard right now.

17:33 -- The opportunities in self-storage.

19:00 -- How to find self-storage and multi-family deals.

21:01 -- What is Welling Capital and who do they serve?

22:39 -- Paul’s book recommendation.

23:43 -- Why Paul does what he does.

24:38 -- Paul’s recommended episodes of How to Lose Money.

27:17 -- Paul’s contact information.

27:50 -- Thanks to Paul Moore for joining the show.

28:13 -- Outro to the Big Mike Fund Podcast.

Resources:

The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing

How to Lose Money

Welling Capital

Big Mike Fund

The Complete Guide to Buying and Selling Apartment Buildings by Steve Berges

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Dr. Forrest Bryant joins me today to discuss his role as CEO of High Speed Alliance a networking community for medical professionals that offers consulting, life coaching, and investment advice for their clients.

Dr. Bryant gives me insight into what they offer to their clients and what makes High Speed Alliance different from other firms. He also gives his opinion of what he thinks the market will look like in the big picture. We discuss traditional and alternative funds and why alternative options are recession resistant investments. Dr. Bryant is a very observant investor and has wonderful insight into the current market.

He also hosts a podcast called the High Speed Podcast and can be contacted through the High Speed Alliance website.

MINUTE MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome Dr. Forrest Bryant to the podcast.

01:43 -- What is High Speed Alliance?

05:00 -- How Dr. Bryant and his team onboard new clients.

06:45 -- What makes High Speed Alliance different from other consultants?

09:40 -- What family offices look for in an investment.

11:25 -- Traditional vs. Alternative investments.

13:39 -- The micro-economic picture.

14:41 -- Dr. Bryant’s disclaimer.

17:09 -- The historical pattern of Dr. Bryant’s observations.

20:45 -- A recap of Dr. Bryant’s answer.

22:10 -- The importance of having access to capital.

22:36 -- Why Dr. Bryant is currently a value-add investor.

23:20 -- My reaction to Dr. Bryant’s observations.

24:03 -- What can investors do now?

27:43 -- Is selling assets a good idea?

29:06 -- What makes self-storage a recession resistant-investment.

31:30 -- Other recession resistant investments to consider.

32:42 -- My opinion on selling assets.

33:20 -- Dr. Bryant’s contact information.

34:00 -- Dr. Bryant’s final thoughts.

35:39 -- Thank you, Dr. Forrest Bryant, for joining us.

36:05 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Dr. Bryant on LinkedIn

High Speed Alliance on Facebook

High Speed Podcast

High Speed Alliance

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Mike Fitzgerald shares his story of wild success in real estate investing with me. Mike is my business partner in The Dream Fund project (there will be more on that some other time.) He tells me about the early years of his real estate career. We also talk about his successes and his missteps. Not every deal is a home run and Mike has a lemons to lemonade story that will encourage and inspire you.

Mike is also one of the main champions of re-gentrifying the downtown Hagerstown, MD area. He and his company were recognized by the city and Congress for their efforts. He explains how he took a run-down, vice-ridden property, and created a draw for the downtown community. It is impressive and proof that with a little commitment, big things are possible.

MINUTE MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome Mike Fitzgerald to the show!

00:45 -- Mike’s military service.

01:45 -- How Mike got into real estate.

03:55 -- His first deal.

05:16 -- How Mike’s career has evolved.

06:50 -- The lessons he took from the early 2000s recession.

07:42 -- How Mike stumbled into farm life.

09:10 -- How he turned the farm into an Airbnb and how it serves the local community.

10:38 -- A funny story revolving around a deal, and how it was connected to all the other deals.

13:14 -- Action + Action = Massive Action.

14:20 -- Mike’s best deal ever.

15:00 -- The importance of building relationships.

16:13 -- How Mike got his best deal.

16:53 -- Other projects and deals Mike is an investor.

17:12 -- Mike’s background and main motivators.

19:26 -- How Mike received his high recognition with the city.

26:07 -- The lessons from Mike’s story.

27:27 -- Mike’s new goals.

29:26 -- The beginnings of The Dream Fund (briefly.)

31:00 -- Where to find Mike on Instagram.

31:22 -- More contact information for Mike.

32:05 -- Mike’s final thoughts for the audience.

32:45 -- Thanks to Mike for joining us.

32:59 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Mike Fitzgerald on Instagram

Mike’s website

Gideon Properties

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Today’s episode is a solo one. I have put together a presentation to discuss the current real estate market trends, strategies, and opportunities for 2018. I will be posting my slideshow for this episode later on, so stay tuned for that.

I cover some basic terms and popular strategies that every investor should know. If this is your introduction to Tempo Fund Management, my name is Mike Zlotnick. I am the host of the Big Mike Fund Podcast and I am the fund manager at Tempo Fund Management. I will go into more detail about our business and our investment philosophy during my presentation.  So, if you are thinking about exploring the real estate market this year, this episode is a great primer.

MINUTE MARKERS:

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Today’s topic: 2018 Investment Opportunities.

01:08 -- A disclaimer for my listeners.

02:00 -- Who is Tempo Fund Management?

02:34 -- Our areas of expertise and what we do for our clients.

02:28 -- The difference between investing and speculating.

04:18 -- The 2 components of a total return.

06:01 -- The 2 elements of a return on investment.

06:46 -- The 2 types of appreciation.

07:22 -- The 3rd element, depreciation.

08:03 -- Types of investment strategies.

09:14 -- What are Growth and Income investments?

09:34 -- The current market outlook.

10:23 -- Types of asset classes.

11:10 -- Asset Classes: Cap rates.

12:26 -- Asset Classes: Interest rates.

14:00 -- Why Amazon is “eating everybody’s lunch.”

15:04 -- The opportunities in the current housing market.

15:56 -- “The trend is your friend.”

16:30 -- Why the high-end housing market is slowing down.

17:35 -- Current opportunity: Multi-family renewable mortgages.

18:21 -- Why turn-key deals are disappearing.

19:07 -- The rise of the momentum deal.

20:35 -- The benefit of having 2 exit strategies.

20:59 -- Why Value Add is a good investment avenue.

21:19 -- The types of value-add investments.

24:02 -- Why you should consider investing in self-storage.

26:58 -- What are constraint plays?

28:21 -- Current opportunity: Service centers.

30:34 -- The pros of a constraint play.

32:52 -- How to understand, manage, and mitigate risk.

33:29 -- How to cope with interest rate increases.

35:18 -- What to do when the asset price drops

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I welcome Salena Kulkarni to today’s podcast. Salena is a former accountant who pivoted into real estate. She is a certified property advisor who founded the Phoenix Wealth Group. Salena discusses her experience with the Australian real estate market and compares it to the U.S. market.

We also discuss investment strategies and the current market trends Australian investors are following right now. Australia is a conservative market, so Salena’s insight falls into the “get rich slow” mentality.

It is always interesting to hear about global markets and Salena has some great advice to offer.

MINUTE MARKERS

00:00 -- Introduction to the Big Mike Fund Podcast.

00:22 -- Welcome Salena Kulkarni!

01:27 -- The differences between the Australian and the U.S. markets.

03:27 -- How Salena got into real estate.

05:18 -- There is an investment strategy for every season.

08:35 -- Why Australia considers America a high-risk market.

13:34 -- The current investment trends Australians should consider.

18:06 -- How do you harness your asset base into cash flow?

21:09 -- The lack of commercial real estate opportunities in Australia.

23:48 -- Salena’s book recommendation.

24:54 -- Salena’s contact information.

25:43 -- Thank you, Salena Kulkarni, for joining us!

25:51 -- Outro to the Big Mike Fund Podcast.

RESOURCES

Big Mike Fund

Salena’s Facebook

Phoenix Wealth Group

Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Tim Ferriss

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