Self Storage real estate investing is an attractive alternative to low cap multifamily.

Scott Krone, Managing Partner of Coda Management Group, is an architect and developer based in Chicago, IL. He has experienced the boom, bust of residential cycles.. Recognizing the compressing cap rates in Multifamily as a sign that values would likely not increase, he sold his entire multifamily portfolio. Now his focus is finding underserved markets with unmet demand for self storage and filling this gap.

What are wealthy CRE Professionals doing that most of do not?

Doug Marshall is the principal at Marshall Commercial Funding. Additionally, he is a CCIM, author and a returning guest to CREPN Radio. In this episode, he shares five points he learned from his commercial real estate clients that have changed his financial fortunes significantly for the better. And more importantly, how you too can leverage your relations with your commercial real estate clients.

What is your Real Estate Investment Strategy?

Josh Welch, founder of Three Pillars Capital, started like most investors.  Single family properties, one at a time. When he figured how long and hard it would be to grow a portfolio of single family, he knew there had to be a better way.  The answer: Multifamily.

Real Estate Investor Books provide tremendous value for knowledge seeking investors.

Book Club Interview

Scott Hollister is a former teacher, turned real estate agent, mortgage broker & investor. He is also the host of The Book Club Interview podcast. Here he combines his passion for books with real estate investing. Last year, he read one book per week to prepare for interviews with the author for his podcast.

Property Management is essential to the profitability of all real estate investments, regardless if you self manage or contract to others.

Jason Hull, founder of DoorGrow.com, helps property managers focus, grow and make their business more profitable. In episode #179, Jason shares his insight into how to identify an exceptional property manager.

If you self manage, have you considered managing for others?

Self Directed IRA is an option available to all investors, yet it is not widely understood.

If fact, every IRA is self directed. It is the custodian that limits your options, ie: stock brokers and wirehouses limit your selection to marketable securities offered. To take advantage of non traditional assets, you need to seek out a custodian that supports investing in non traditional assets.

The Multifamily investing learning curve is steep.    

Real estate investing has been presented in every way imaginable.  But, there is only so much you can learn from a book, a blog or podcast.  To propel yourself on the learning curve, you have to invest your money and time in a deal.  If you like to learn more from mistakes, go it alone. For those who would rather shorten the learning curve, partner with someone who has learned from their mistakes.

Family offices have been around for generations.  Historically, they were associated with Rockefeller, Mellon, or Vanderbilt, families that created generational wealth.  They generated their wealth from many different industries. Having created massive wealth, they can invest conservatively.  Preservation of capital is the first goal. Beyond that, they focus on the transfer of wealth to the next generation.

Passive cash flow from raw land, how can that be?

Mark Podolsky, The Land Geek, has mastered the raw land deal.  Since 2001, he has done over 5,200 land flips, all across the United States that produce regular monthly cash flow.

The average return on investment is 300% on land flips and as much as 1,000% when he sells the land on terms.

Cash flow from day one is the key to building generational wealth that provides you options regardless of market conditions.

Daniel Ameduri from Future Money Trends has been investing in real estate since he was 18 years old. In a short time, he went from investing for cash flowed to hoping for appreciation.

When the market crashed, the properties he was betting on for appreciation, were lost. The properties that cash flowed from day one, continued to produce and increased their output