Creative Capital

Today's episode talks about resilience, how you power through the struggles in the real estate industry and life in general.

It's amazing how our guest Mike Morawski lost everything he had not once, but twice and came back on top. Michael has a strong personal resilience and a deep desire to help others live an extraordinary life through smart, strategic real estate investing. Over his career, Michael has trained and coached hundreds of real estate investors to fulfill their financial dreams and live an extraordinary life.

Tune in until the end of the show and experience Mike's astounding motivational journey from the top of his game, hitting rock bottom twice and getting back up again.

• Mike's background and what got him interested in real estate
• Reasons as to why he invests in a multi-family set-up
• Why getting an exit strategy so critical to the success of any deals
• How Mike came out on top TWICE despite having gone through tough situations
• The driving force that kept Mike going through those hard times and how he stayed focused
• The driving force behind Mike's persistence and how one can find that same driving force
• The greatest lesson that Mike learned from those difficult experiences
• Mike and his company's future plans

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book
• What do you think your unique skill is that helped you become successful?
• Tell me something that's true about real estate that almost nobody agrees with you on
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Book:

• The Art of the Deal - Donald Trump and Tony Schwartz
• The Millionaire Real Estate Investor - Gary Keller
• Exit Plan - Mike Morawski

Resources:

• Exit Plan
• [email protected]

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be on our investor list:

https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage, and will send that right over to you.

Our guest for today's episode is a Russian immigrant who started from scratch. She literally knew nothing about the real estate industry, worked her way up the ladder, and is now crushing it with Mobile Home Parks and manages out-of-state investments.

Ekaterina was born and raised in Moscow, Russia and immigrated to the United States 13 years ago and now lives in New York. She is a partner at M2K Partners, which owns several mobile home park communities throughout the country. Ekaterina is also the co-founder of Equity Tree, a software platform dedicated to helping commercial real estate investors manage their deals and investor relations at an affordable price, with educational support throughout the entire investment process. She is also a host of a virtual meetup for mobile home park investors called MHP Tribe.

• Ekaterina's background and what got her interested in investing in real estate
• Why she chooses Mobile Home Parks & why she invest out of state
• Ekaterina bares her involvement in handling the project management of their assets
• Ekaterina shares her secret in managing contractors/property managers remotely
• How to build partnerships and a team out of state. How to know if they are trustworthy or not?
• The pros and cons of investing out of state. Should more people invest out of state?
• Future plans for 2021.

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book?
• What do you think your unique skill is that helped you become successful?
• Tell me something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Book:

• First a Dream - Bill Retherford and Jim Clayton

Resources:

• National Mobile Home Parks Investors | MHP-Team
• Facebook: MHP Tribe | Creating Financial Freedom through Mobile Home Park Investing
• Linkedin: Ekaterina S. - Principal - M2K Partners LLC

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be on our investor list:

https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage, and will send that right over to you.

The magnificent marketing machine John Casmon is finally here with us today!

John is a Multifamily real estate entrepreneur and marketing maven with extensive experience collaborating with others to deliver profitable results. He hosts the popular and growing real estate podcast, Target Market Insights, and hosts the Chicago Multifamily Club and co-created the Midwest Real Estate Networking Summit. And also partnered with investors on over 900 units in multifamily valued at nearly $90 million.

Don't miss out on this opportunity to hear John's wisdom as this will make you understand more what marketing is and how to integrate that into your businesses.

We discuss topics like:

• John's background and how he got interested in investing in real estate.
• Why marketing is so important to anyone's continued success
• Knowing what to do or say and where to be active. Deciding whether or not to spend money on a marketing campaign
• Knowing how John decided who his avatar was going to be to market towards
• John's marketing strategy as a multifamily syndicator. Learn how to build your audience and your overall investor base.
• John's insights about ActiveCampaign and his recommendations of this platform
• How John feels about VA's handling all of his marketing
• John's pro tip about capturing your potential avatar through the marketing strategy and how to get them to take the next step
• John's final marketing tips and tricks

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book?
• What do you think your unique skill is that helped you become successful?
• Tell me something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Book:

• The ABC's of Real Estate - Ken McElroy
• Rich Dad, Poor Dad - Robert Kiyosake

Resources:

• Multifamily Apartment Investment Sample Deal | Casmon Capital
• ‎Target Market Insights: Multifamily + Marketing on Apple Podcasts

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be in our investor list:

https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage and will send that right over to you.

Have you ever thought about retiring early, traveling to places, sitting by the beach while enjoying some ice-cold tropical fruit drink, and exploring food and other cultures while you still have the energy?

These thoughts are what led Joshua to establish a company and eventually found himself in the real estate industry.

A self-storage whiz, Joshua Collins shared his journey in building and maintaining railroad tracks to becoming a self-storage real estate investor. After years of struggling with the construction business, he and his wife decided to sell the company. After finding a self-storage facility up for sale, they immediately bought it and invested their money instead of just spending it.

Listen closely as Josh reveals some tips and options on how to fund your real estate development.

We discuss topics like:

• Joshua's background and what got him interested in investing in real estate.
• Joshua's transition from Construction Company owner to Self-storage Real Estate Investor.
• The process of buying self-storage facilities and whether he is syndicating these assets or not.
• Learning how to choose a market for self-storage facilities.
• A rundown on some of the creative strategies that Joshua used to raise capital for his deals.
• Learning the meaning of "force" cash flow and how does one do it from day 1.
• What to look out for in a potential asset to know if we can force cash flow from day 1.
• How do you plan to scale your self-storage business?
• New creative capital raising ideas.

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book?
• What do you think your unique skill is that helped you become successful?
• Tell me something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Book:

Rich Dad Poor Dad - Robert Kiyosaki

Millionaire Next Door - Thomas J. Stanley

Ten X - Grant Cardone

Resources:

• [email protected]
• FB: Josh Collins

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be on our investor list:

https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage, and will send that right over to you.

A Phenomenal Real Estate Investor and the Most Positive Person you'll ever meet is here with us today!

Vinney "SMILE" Chopra has achieved success in a number of arenas. From marketing, motivational speaking and real estate investment. He manages four successful companies that include Moneil Investment Group, Moneil Management Group, Multifamily Academy and Youth Academy. 35 years as an Entrepreneur, Motivational Speaker, Author, Educator & Mentor, Over $330 Million Multifamily Portfolio, 4,100+ units under management and 11,000+ speech given.

Learn his inspiring story and what's behind his continued success and how he accomplished and stayed positive despite the challenges he faced.

We discuss topics like:

• Vinney's background and how he got interested in investing in real estate.
• Ideas on how to overcome all the obstacles while still staying headstrong in your pursuit of real estate investing.
• Aside from being in the Multifamily syndication space, learn how he got interested in senior housing.
• Pointing out the similarities and differences between Multifamily and Senior Housing.
• Vinney's driving force behind his continued success.
• Unlocking the secret to achieving consistent positivity.
• Understanding whether more people should invest in real estate.
• Future plans of "Vinney" for 2021.

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book?
• What do you think your unique skill is that helped you become successful?
• Tell me something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

• Book:

  Positivity Brings Profitability: Secrets to Having a Positive Mindset That Brings a Profitable Apartment Investing and Syndication Business

Resources:

• Vinney Chopra's 2021 Goal Sheet: https://drive.google.com/file/d/1upxBOA92qVTwkV0A7WtDiaMAKFM4YuVj/view?usp=sharing
• https://vinneychopra.com/
• https://www.facebook.com/VinneyChopra
• https://twitter.com/vinodsmiles
• https://www.instagram.com/vinneychopra/
• https://seniorlivinginvesting.co/
• https://vinney.clickfunnels.com/vinney-chopra-s-main-page

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be on our investor list:

https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage, and will send that right over to you.

The High Level Professional Real Estate Investor Brian Burke shared his opinion about the differences of a Dealer and Sponsor with other HIGHLY important topics that he discussed in the book.

Brian Burke is the President & CEO of Praxis Capital, Inc., and a Podcaster at BiggerPockets and other Multifamily Investing Podcasts. He is also a speaker and an author. He released a book last year entitled "The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications". He's been investing for decades and raising hundreds of millions of dollars and done hundreds of deals at this point.

Don't miss this incredible episode that gives you or contributes to your knowledge and experience on how to become a successful Real Estate Investor from Brian Burke himself.

We discuss topics like:

• Brian Burke's background and how he got interested in Real Estate.
• Brian's inspiration and motivation to write his latest book that would be beneficial to both passive and active investors.
• Deal vs. Sponsor: Why Brian Burke believes that one is more important than the other.
• Some of the criteria you must look for in an excellent Sponsor.
• The transition from being an Average Investor to Excellent Sponsor.
• Ways on how you can be of value to your investors.
• Ideas on how can we find and gain the trust of new investors as well as retain our current database of investors.
• Learning how to stay on top of mind to our investors.
• Ways on keeping a consistent flow of deals to your company.
• The Best TIPS for exceeding as a Multifamily syndicator.
• Future plans of "Praxis Capital" for 2021.

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book.
• Unique skill is that helped you become successful?
• Tell me something that's true about real estate that almost nobody agrees with you on.
• The one piece of advice would you give to our listeners wanting to succeed in real estate investing.

Book:

• The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications
• https://store.biggerpockets.com/products/the-hands-off-investor?variant=32588986974304&utm_source=magazine

Resources:

• https://praxcap.com/
• https://www.instagram.com/investorbrianburke/

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be in our investor list: https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage and will send that right over to you.

A unique and phenomenal story of financial wealth is shared to us today by none other than Prashant Kumar!

He is the Founder and Managing Partner of My Realty Gains. He has a strong technology and management background for the past 25 years. However, as he got closer to retirement, he realized that he wasn't making enough passive income while working full time in the tech industry. So, he got himself engaged into multifamily investing over the last 5 years and has already scaled his portfolio to over 1,200 units!

With so many goals in mind, he expanded his horizon from syndication into assisted living over the past 2 years. It's no wonder Prashant has gotten so far in life due to his whole perspective on business and life revolving around giving and making life better for others.

Listen to this entire story in this episode to gain a few golden nuggets from Prashant's life journey to financial freedom!

We discuss topics like:

• What sparked Prashant's interest in real estate?
• How Prashant transferred from Technology professional to real estate syndicator with such ease.
• Did he have a mentor going into this new transition of business or has he always just been a mentor to others?
• Learning the strategies when buying assets such as value add, stabilization, better management, etc.
• How did Prashant buy the deals that he didn't syndicate?
• Learning some strategies in raising a significant amount of money and doing large deals.
• Does Prashant's Avatar play a vital part in his rapid growth? How did he decide what that Avatar was going to be?
• Understanding Assisted Living versus Multifamily and learning the differences.
• Actionable tips or strategies we should implement to get to where Prashant is in his journey today.
• Future plans of "My Realty Gains" for 2021.

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book.
• Unique skill that helped you become successful.
• Tell me something that's true about real estate that almost nobody agrees with you on.
• One piece of advice you would give to our listeners wanting to succeed in real estate investing.

Resources:

• https://www.facebook.com/prashant.myrealtygains/
• https://www.linkedin.com/in/prashant-at-myrealtygains/
• www.multifamilyrealtygains.com
• www.myrealtygains.com
• Email address: [email protected]
• Phone number: 631-428-6479

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be in our investor list: https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage and will send that right over to you.

You've probably heard a lot about IRA but what is it really about and how is it a great investment plan for retirement? If you are a newbie or still looking for options and different strategies about investing and if saving up for retirement interests you, definitely listen to this show!

Today with us is Clay Malcolm of Advanta IRA. He is a veteran self-directed IRA custodian, educator and investor. Clay brings up a lot of great points and a more detailed perspective from what he sees of different retirement investing and the opportunities that are there. Clay is absolutely the best resource for these core concepts.

We discuss topics like:

• What got you interested in real estate?
• Why would we invest through our retirement account if we can just use cash?
• What exactly is a "self-directed" IRA? What's the difference between that and a regular IRA?
• What other avenues are there for investing through retirement accounts, other than your IRA?
• Tell us about UBIT Tax. What is that & how do we avoid it?
• What is the primary retirement account that people use to invest in real estate? What are the pros and cons?
• Let's say someone wants to invest in a deal I have, right now, through their retirement account. What is the process like to do that and how long does it take?
• Can I benefit from the depreciation because I'm being taxed? How does that work?
• Do you have any recommendations/comments on what the proper balance should be between retirement investing and cash investing?

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book.
• Unique skill that helped you become successful.
• Tell me something that's true about real estate that almost nobody agrees with you on.
• One piece of advice you would give to our listeners wanting to succeed in real estate investing

Resources:

• https://www.advantaira.com/
• Phone number: 470-695-0620
• Email address: [email protected]

For more information about Ferrari Capital visit us on our website @ https://www.ferraricapital.com

If interested in doing any deals with us and want to keep updated on any upcoming new deals, just sign up at the link below and you'll be in our investor list: https://www.ferraricapital.com/partnership

To grab a copy of our free Ebook: "The Ultimate Guide to Investing in Multifamily Syndications", just provide us your email on our homepage and will send that right over to you.

Have you ever experienced doing almost anything and everything by yourself, and felt overloaded that you just want to pass on the workload to others? If so, then you are not alone! Others feel that way too! Whatever job that you are consistently procrastinating, is no longer good for you, for the business, and won't help anyone in the long run.

Thus, if you are looking at scaling and growing your business to the optimum level, outsourcing certain tasks to others who are best at it is one of the utmost human resource strategies you want to consider.

Our guest for today, Dan Handford, is the Managing Partner of PassiveInvesting.com and the co-host of Tough Decisions for Entrepreneurs Podcast. He has an extensive successful background in starting multiple seven-figure businesses from scratch including a large group of non-surgical orthopedic and sports medicine clinics located in South Carolina with a team of 50 employees running for him. Prior to real estate, he owns an online company that sells educational plastic models as well.

Tune in to this episode as Dan brings us his golden wisdom on how outsourcing and delegation can save you time, energy, and money and how it can make your business life, and personal life, easier.

We discuss topics like:

• What got you interested in investing in real estate?
• What is "Outsourcing"?
• How do you know when you need to outsource something?
• What does it take to outsource tasks/hire people the right way?
• What did you find as a common thread for that infamous glass ceiling when it came to scalability in your companies?
• How do you go about hiring?
• Once you properly outsourced those tasks, what happened?
• How do you know who to outsource the task to?
• When it comes to finding the right person to do the task, how do you rate culture fit, skillset, & experience?
• What are some key factors to look for in a potential partner/new hire when attempting to outsource something?

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book.
• Unique skill that helped you become successful.
• Tell me something that's true about real estate that almost nobody agrees with you on.
• One piece of advice you would give to our listeners wanting to succeed in real estate investing

Resources:

• https://www.passiveinvesting.com
• https://www.multifamilyinvestornation.com
• https://toughdecisions.net/

For more information about Ferrari Capital, visit us on our website @ https://www.ferraricapital.com

There are so many people trying to enter the Multifamily sector right now and a lot of them are having trouble either closing their first deal, finding the right deals, learning to partner with people or raising money.

So if you are this newbie or even an experienced individual looking for these kinds of ideas, then this episode is RIGHT FOR YOU!

Brian Briscoe has phenomenal heaps of material for you today! He is a Co-founder of real estate investing firm Four Oaks Capital and host of Diary of an Apartment Investor podcast. Hearing his perspectives and points of view on how he got into the space and how scalable Multifamily investing is, will definitely blow your mind!

We discuss topics like:

• What got him interested in investing in real estate?
• How was he able to get into the Multifamily space?
• How long did it take him to complete his first Multifamily deal?
• How was he able to close that deal?
• What was the process like in gaining partners?
• After his first deal, how long was it before he closed his second one?
• How does someone with no Multifamily experience get taken seriously by Brokers and investors so that they can close their first deal?
• How are you guys finding deals right now with how competitive the market is?
• What is something he strives to do everyday to be successful in his real estate investing journey?
• Where is he and his company headed in the future?
• Any big goals in 2021?

Pod Decks Segment.

"Core Four" Segment.

• Favorite Real Estate Related Book.
• Unique skill that helped you become successful.
• Tell me something that's true about real estate that almost nobody agrees with you on.
• One piece of advice you would give to our listeners wanting to succeed in real estate investing

Resources:

• https://www.fouroakscapital.com/
• https://diaryofanapartmentinvestor.com

Listen all the way to the end of this one because we've got some pretty exciting news for 2021 for the future of Ferrari Capital! More to come!

For more information about Ferrari Capital, visit us on our website @ https://www.ferraricapital.com