CREI Partners

By CREI Partners

Real Estate Investments... more

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How many episodes does CREI Partners have?

The podcast currently has 71 episodes available.

CREI Partners episodes:

September 28, 2020Ep #10: Wealth through Real Estate while Active Duty in the Navy with Tim Kelly
How can you be active in your community and give back to the military? Help active, veteran, reserve, and others in the military reach their financial freedom goals by investing in real estate.
In this episode, Wayne talks to Tim Kelly from Active Duty Passive Income (ADPI) and Kelly Housing Group. Tim is a real estate investor and educator, best-selling author, speaker, and Chief Petty Officer for the U.S. Navy. Tim is pursuing his dream of owning and operating multifamily real estate by investing in apartments, mobile homes, and storage facilities.
Topics on Today’s Episode:
House Hacking: Benefits of long-term buy-and-hold real estate align with financial goals
Network Connections: Build relationships to analyze, own, control multifamily properties
Thank You for Your Service: 1 percent of the 1 percent serve in the military
Real Estate Pattern: Pass the time by continuing to learn and grow personal finance
Education: Find all the ways you can create generational wealth in real estate
VA Housing Assistance: Seek loans to purchase properties and investment opportunities
Military House Hacking Book: Rehab, refinance, and create cash flow multifamily assets
Self-Manage: Do all the hard work, then pass it onto PM professionals to get time back
Efficiency Tools: Time management, documentation, screening tenants, due diligence
Balance: Educate others, pursue acquisitions, and pick up skills by emulating success
Deliver Value: More you grow, more you can give; more you give, more you receive
ADPI’s Three Pillars: Learn, network, and take action
Perfect Partnership: What you know, who you know, and who knows you to close deals
Lessons Learned: Failure is stepping stone to success; choose how to respond
Scalability: Straight shot to increase net worth, wealth, income, quality of life; no regrets
General vs. Limited Partners: One is not better than the other to analyze deals
Mailbox Money: Become owner to produce income, tax benefits, equity, time, freedom
COVID Impact: Invest in workforce and affordable housing to thrive and survive
Links and Resources:
Active Duty Passive Income (ADPI)
Kelly Housing Group
Military House Hacking by Tim Kelly
Tom Kelly on LinkedIn
Tim Kelly on Instagram
Tim Kelly on Facebook
Tim Kelly’s Phone: 847-910-9161
VA Housing Assistance
FHA Loans
BiggerPockets
Rich Dad Poor Dad by Robert Kiyosaki
Google Drive
TenantCloud
Rent Manager
U.S. Securities and Exchange Commission (SEC)
USAA: Insurance, Banking, Investments, and Retirement
Wayne Courreges
Free Passive Investor eBook by Wayne Courreges
The Untold Stories of Real Estate Investing Podcast
...more
45min
September 14, 2020Ep #9: What It Really Takes to Syndicate Multi-Family with Bruce Petersen
How can you target stabilized properties to buy a cash-flowing asset and drive value through improved operations? Implement your own systems and deploy your experienced staff to replicate the business model across new acquisitions.
In this episode, Wayne talks to Bruce Petersen, a.k.a. The Apartment Guy. Bruce is a serial syndicator of large multifamily properties ranging from 120-292 units throughout Central Texas. Bruce won the Austin Apartment Association’s Independent Rental Owner of the Year for 2016 and the National Apartment Association’s Independent Rental Owner of the Year for 2017. Also, he’s the author of Syndicating is a B*tch: And Other Truths You Haven’t Been Told.
Topics on Today’s Episode:
Why write a step-by-step guide? Free means someone’s trying to sell you something
Stress of Syndication: What to expect and what can make a difference
Coach/Mentor: Teach me how to invest in apartment complexes as a syndication
Syndication: Learn from someone with experience to scale faster and safely
Know, Like, and Trust: Start a meetup, attend real estate events, and build relationships
Think Like a Millionaire: Save money but still live an abundant life, not a frugal one
Location and Loan Parameters: Where to find deals based on what you want
Relationships: Don’t be a moron, but respectful, professional, and mindful of others’ time
Non-Disclosure Industry: Don’t trust or believe everything you are told
What you’ll need: 30% down payment, 2-10% closing costs, and rehab funding
Property Goal: Double or triple soft commits for enough money
Operations: Lenders may require third-party over in-house property management
KPIs: Owner’s packet with income statement, rent roll, and P&L balance sheet
Passive Investors: There is no guarantee when making the right decision/projection
Aspiration for Autistic Adult Space: Buy/build property for affordable, safe place to live
Links and Resources:
Bruce PetersenSyndicating is a B*tch: And Other Truths You Haven’t Been Told by Bruce Petersen
Dave Ramsey
U.S. Securities and Exchange Commission (SEC)
Wayne Courreges
Free Passive Investor eBook by Wayne Courreges
The Untold Stories of Real Estate Investing Podcast
...more
54min
August 30, 2020Ep #8: Oil Fields to Living Off Passive Real Estate Income with Travis Watts
Interested in investing in multifamily, single-family, or vacation rentals, but not sure where and how to get started? Consult with someone who has behind-the-scenes experience in the asset class of your choice.
In this episode, Wayne talks to Travis Watts, a full-time passive investor and director of investor relations with Ashcroft Capital. Travis educates others by sharing passive investment strategies to achieve and maintain wealth in real estate.
Topics on Today’s Episode:
Real Estate Investing Background: Dumb luck, prep, and guidance at garage sales
Great Recession and Career Focused: Real estate on sale, so find off-market deals
Gaining Momentum: Get a roommate and check to pay mortgage
Active vs. Passive: Hands-on or hands-off real estate investing
Lessons Learned: No spare time to read 52 books a year and find sponsors/operators
Analysis Paralysis: Too much focus on ROI rather than value-add experience
Target Markets and Trends: Right deal, right market, and right sponsor to lower risks
Risk Tolerance: Opportunistic, core, and value-add asset classes
Mistakes Made: Diversify portfolio by experimenting, doing what you know/understand
Under Promise and Over Deliver: Invest in or take discounts by banking on cash flow
Publicly Traded vs. Private Placement: Always have paperwork reviewed by attorney
Education and Network: Align interests and philosophies with like-minded people
Four Steps to Financial Freedom by Being Frugal:
Make as much money as possible by doing your best
Live on as little of that income as possible for a period of time
Take margin from earnings and invest it all
Avoid bad debt or pay off loans sooner than later
Links and Resources:
Consultation with Travis: https://calendly.com/traviswatts/consultation?month=2020-08
Connect with Travis: Understanding Real Estate Private Placements
Ashcroft Capital
Travis Watts on LinkedIn
Rich Dad’s Prophecy by Robert Kiyosaki
Ponzi Schemes
BiggerPockets
Rule 506 of Regulation D
Wayne Courreges
Free Passive Investor eBook by Wayne Courreges
The Untold Stories of Real Estate Investing Podcast
...more
55min
August 17, 2020Ep #7: Relationships, Buy, Rehab, Rent, Refinance and Repeat with Matt Teifke
You’re never too young to follow your passion and entrepreneurial spirit by starting your own business and building a brand in real estate.
In this episode, Wayne talks to Matt Teifke, broker of Teifke Real Estate (TRE) Homes and part-owner of Stone Oak Property Management. Matt has a Master’s Degree from Texas A&M and began his career at 18 years old because he’s passionate about value-add real estate opportunities.
Topics on Today’s Episode:
Value, Value, Value: Capture leads and make money on every aspect of real estate
Family Business: Create balance and merge work/wife relationship as a lifestyle
Education Foundation: Set yourself up for success and always strive to be better
Challenges: Finding and figuring out creative ways to obtain real estate financing/lending
Preparation: Constantly build relationships and investor base to raise capital
Follow Up: How can you add significant value for investors, buyers, and sellers?
Matt’s take on the Buy-Rehab-Rent-Refinance-Repeat (BRRRR) Strategy
Wholesaling: What it is and why it’s important when finding value-add deals
MLS Access: Know and learn the market to make money
Contractors: Properly vet and perform due diligence; meet onsite and walk the property
Partnerships: Set clear expectations and protect yourself by planning exit strategy
...more
42min
August 03, 2020Ep #6: Investing Insights with Dave Seymour of 'Flipping Boston'
Passionate about helping people, but ready for a career change with financial growth? When what you think is normal can be taken away, consider real estate investing. Do great work to make great money.
In this episode, Wayne talks to Dave Seymour of the hit home improvement show on the A&E network called, Flipping Boston. After 16 years as a firefighter and paramedic, Dave launched his career as a real estate investor and quickly became one of the nation’s leading experts in both residential and commercial transactions. Dave describes himself as a blue collar guy in a white collar world who wasn’t raised in financial intelligence.
Topics on Today’s Episode:
Lessons Learned: Trading time for money and following somebody else’s financial plan
Keeping Up with the Joneses: Average American’s amount of debt is extraordinary
Financial Illiteracy to Intelligence: Losing everything forces Dave to figure it out
Past, Present, and Future Mantra: If you say you’re going to do something, do it
Favorite Asset Classes: Single-family to multifamily isn’t sexy but creates cash flow
Go Big or Go Home: Post-COVID opportunities to take down multiple assets in areas
Partner Up: Be available, accessible, and transparent to bring in accredited investors
Data-driven Statistics: Multifamily/commercial real estate outperforms stock market
Secret Sauce: Finding deals takes time to build relationships with brokers and bankers
Good, Bad, and Ugly: Educate, then execute; know what you know
Learn and Grow: Always look for value adds in real estate and people
Bottom Line: If real estate is not part of a retirement plan, the plan’s broken
Passive vs. Active Investors: What to look for and expect to not be a real estate victim
...more
54min
July 21, 2020Ep #5: Investing in Student Housing with Jeff Greenberg
If you’re interested in real estate investing, which space suits you best? Single-family, multifamily, senior living, or student housing? Real estate is a great way to diversify and expand your wealth.
In this episode, Wayne talks to Jeff Greenberg, CEO and Managing Member of Synergetic Investment Group (SIG). Jeff has invested in multifamily and student housing assets in various markets for several years. It’s about knowing and trusting who you are dealing with.
Topics on Today’s Episode:
Banks, Prices, and Time: Reasons why Jeff shifted from single-family to student housing
Student Housing: Stabilized or value add, which direction to go?
Finding to Fundraising Deals: Jeff’s seeking high-quality deal sponsors for partnerships
COVID Changes: Student housing is recession resilient, it may not be pandemic resilient
Multifamily vs. Student Housing: Similarities/differences involve location, safety, turnover
Social Media and Marketing: Depends on properties and available options
Rental Rates: Student housing based on affordability, not square footage or amenities
Value-Add Strategies: Increase rents via renovations, furnishings, WiFi, and security
Joint Cooperation and Acceptance: Support from campuses to provide safe environment
Financing: Some lenders hesitant about student housing, others willing to provide loans
Real Estate Investing: Be sufficiently funded to cover unexpected events, (i.e., COVID)
Due Diligence: Protect yourself by learning and researching passive and active investing
Links and Resources:
Jeff Greenberg’s Email
Synergetic Investment Group LLC (SIG)
Fannie Mae
Freddie Mac
Passive Investing in Commercial Real Estate by James Kandasamy
The Hands-Off Investor by Brian Burke
Wayne Courreges
Free Passive Investor eBook by Wayne Courreges
The Untold Stories of Real Estate Investing Podcast
...more
44min
July 05, 2020 Ep #4: Raising Capital in COVID-19 Environment with Andrew Lucas
Is it possible to raise capital in the COVID-19 environment? It takes sourcing new investors and maintaining relationships with current ones by being a trusted resource.
In this episode, Wayne talks to Andrew Lucas, Director of Capital Markets at Trion Properties, which maximizes investor returns by increasing net operating income through heavy renovation and aggressive lease-up.
Topics on Today’s Episode:
Extensive Experience: Finance, investor relations, commercial/residential real estate
Risky Decision: Team up with high-growth entrepreneurs or startup your own shop?
Organic vs. Progressive Growth: Friends and family money to robust investor network
Funds: Raise and allocate property investments to reduce risk and increase returns
Resident Experience: Increase renovation value by repurposing property amenities
COVID-19: Double-down on communication efforts with investors, residents, network
Equilibrium: Navigating natural obstacles of raising capital and acquiring properties
Debt vs. Equity Funds: Money and no loans, or loans and no money
Real Estate Relationships: Be transparent, engaging, available, ethical, and dedicated
Investment Markets: Be an inch wide and a mile deep vs. a mile wide and an inch deep
Keys to Success: Different markets require different learning curves and due diligence
Routine Habits/Best Practices: Create structure, culture, and pay attention to details
Links and Resources:
Andrew Lucas on LinkedInTrion PropertiesWayne CourregesFree Passive Investor eBook by Wayne CourregesThe Untold Stories of Real Estate Investing Podcast
...more
39min
June 19, 2020 Ep #3: From $7 to Acquiring over $350M Real Estate Investment Portfolio with Vinney (Smile) Chopra
With a strong work ethic and positive attitude, you can achieve your hopes and dreams of becoming a successful multifamily investor and syndicator.
In this episode, Wayne talks to Vinney (Smile) Chopra with Moneil Investment Group. A mechanical engineer turned successful real estate investor and syndicator, motivational speaker and teacher from India, Vinney believes in everybody’s ability to shape the world through positive thought and selfless actions.
Topics on Today’s Episode:
The Good: Start small and stay the course to achieve financial benefits
The Bad: Inability to scale up quickly and purchase more apartments with own money
Syndication: Pulling and raising money legally for a common goal to make profit
Drawbacks: No track record, no bank loans, no money to buy properties
Due Diligence Problems: Don’t cut corners; costs more and causes trouble
What’s in the best interest for investors, residents, team members, and vendors?
Communication: Personalized presentation and full disclosure of property/asset
Happy Family: Monica and Neil equal Moneil brand to leave behind legacy wealth
Syndicators must keep five plates spinning in the air:
Build superb teams
Build investor lists and relationships
Understand underwriting and analyze deals
Loan qualification
Property takeover and management
Passive Investing: Limit principals, request track records, and review criteria to buy
Syndicator Succession Plan and Systems: What happens if…?
Silver Tsunami: Shift to assisted living space to meet demographic demand
Links and Resources:
Moneil Investment GroupVinney Chopra’s Mentorship ProgramlApartment Syndication Made Easy by Vinney (Smile) ChopraVinney (Smile) Chopra PodcastsRule 506 of Regulation
...more
53min
June 05, 2020 Ep #2: Strength and Resilience of Class A Multi-Family Apartments with Dan Handford
If you don’t have time or don’t want to make time to invest in real estate, can you still make money investing in multifamily properties while reducing/shielding your tax liability? It’s possible and legal.
In this episode, Wayne Courreges talks to Dan Handford with PassiveInvesting.com and Multifamily Investor Nation. Over the past 12 months, Dan and his team have invested more than $136 million in multifamily properties with a capital raise of $50 million to purchase those assets. Also, Dan and his wife, Dennae, host the Tough Decisions for Entrepreneurs Podcast.
Topics on Today’s Episode:
Multifamily Side: Dan’s motivation to move from passive to active investing
Real Estate Professional Classification: Offset all income to reduce taxable liability
Multifamily Investing Mentor: Hire lifeline and pay for direct access to acquire assets
ABCs of Asset Classes: Dan chooses A and B+ with value-add multifamily properties
Investor Pools: Never passively invest without considering capital preservation at play
Would of/Should of: Start ability to find investors earlier and raise money to secure deals
Due Diligence: Building relationships with brokers, making investor lists takes time/effort
Lessons Learned: Always have more reserves and extra funds than expected
Overlooked Aspects: Underwriting can make returns look good, but unrealistic
Post-COVID Pros and Cons: Cashflow, renovations, rent defaults, and occupancy rates
Pandemics: Create marriages, divorces, and babies that drive demand for place to live
Links and Resources:
PassiveInvesting.comMultifamily Investor NationTough Decisions for Entrepreneurs PodcastCoStar Market AnalyticsApartments.comWayne CourregesFree Passive Investor eBook by Wayne CourregesThe Untold Stories of Real Estate Investing Podcast
...more
38min
June 05, 2020 Ep #1: Scaling from Single Family to Multi-Family Investments with James Kandasamy
Get ready to hear active and passive investors share their stories about the good, bad, and ugly aspects of real estate investing. The Untold Stories of Real Estate Investing Podcast is hosted by Wayne Courreges. In this episode, Wayne talks to James Kandasamy with the Achieve Investment Group.
James has syndicated nine multifamily properties valued over $130 million. Also, he’s the author of Passive Investing in Commercial Real Estate: Insider Secrets to Achieving Financial Independence. If you’re interested in multifamily syndication, seek guidance from James through his Achieve Academy Mentorship Program.
Topics on Today’s Episode:
Achieve Academy Mentorship Program: Be an operator, raise money, manage assets
James’s Journey: Started by acquiring single-family properties; shifted to multifamily
Why single-family investing? Produces better returns, deals everywhere⁠—one at a time
Why multifamily investing? Scale wealth faster, syndication opportunities, higher value
Single-family Pitfalls: Flips are stressful but profitable; contract management
Multifamily Pitfalls: Difficult to find deals and build relationships with brokers
Most Overlooked Aspects: Roof condition, sewer lines, tenant demographics/occupancy
Lessons Learned: Conduct thorough inspections and perform due diligence
What should passive investors know? Construction, competition, cashflow, and capital
COVID-19: Adapt and take operations approach by filling vacancy of existing properties
Foundational Success: Real estate is fun, takes work, and adds value to people’s lives
Links and Resources:
James Kandasamy’s EmailText “achieve” to James Kandasamy at x38470Achieve Investment Group Achieve Academy Mentorship ProgramPassive Investing in Commercial Real Estate: Insider Secrets to Achieving Financial Independence by James KandasamyJames Kandasamy on LinkedInJames
...more
37min

FAQs about CREI Partners:

How many episodes does CREI Partners have?

The podcast currently has 71 episodes available.