Decoding Cashflow

Erik, Hemingway is a founder of Nomad Capital and has nearly 22 years of experience in all aspects of the construction and self-storage industry. He has been a part of over $100 million dollars of commercial real estate transactions and $60 million in residential
real estate since 2006.

He built his first self-storage facility from the ground up in 2006 and has since built a personal portfolio of 4 self-storage facilities using the value-add strategy. In this episode Eric shares strategies to reposition assets into money making self-storage facilities.

DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:39) Introduction
- Eric is introduced as the guest Hosts

(01:39 - 06:18) Eric's Professional Journey
- Eric shares his professional journey

(06:18 - 36:03) Converting Retail Space to Money Making Self Storage Facilities
- Eric shares about his travel around the world
- Shares his first deal
- Eric how did he found his first conversion
- What he keep in mind when he look for a new self storage for conversion
- He also share about value adds
- Shares also his equity and debt structures
- How much is his bank loan in buying property
- shares about the normal split between investors and the general partners

(36:03 - 44:36) Final Round
- Eric shares his best business or investment advise
- Eric's best book that he recommend that made an impact to his business and life
- How Eric give's back
- His main source to learn and grow

(44:36 - 46:06) Closing Segment
- If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Chris a founder of Seveney Mortgage Note Investments  and has been a real estate professional for more then 25 years. He has also developed over $750M in real estate till date.

Chris has built a huge note investing portfolio by investing in first position performing and non-performing notes. He is also the host of the Good Deeds Note Investing Podcast.


DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:51) Introduction
- Chris is introduced as the guest Hosts

(01:51 - 06:45) Chris's Professional Journey
- Chris shares his professional journey

(06:45 - 37:46) Insight into Distressed Mortgage Notes Investment
- Chris shares what mortgage note is
- He also shares about extra strategies that he uses
- Also, Chris shares what state he is focused on
- Chris shares his criteria in buying mortgage
- Chris's advice in buying non performing notes
- Rate of return on his mortgage loans
- Why would a bank sell a performing not
- His strategies for his investors when they participate with him
- His advice who are already in W2 and wanted to get in this business

(37:46 - 42:46) Final Round
- Chris shares his best business or investment advise
- Chris's best book that he recommend that made an impact to his business and life
- How Chris give's back
- His main source to learn and grow

(42:46 - 44:16) Closing Segment
- If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Tom Dunkel has been investing full time in alternative assets since 2006 completing over $90MM of transactions. He specializes in fragmented, dislocated markets such as distressed debt and self-storage.

Tom is the Chief Investment Officer of Belrose Storage Group that specializes in acquiring under-performing self-storage facilities in the eastern U.S. and turning around the performance of the assets in a condensed time frame of 2-3 years.

DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:51) Introduction
- Tom is introduced as the guest Hosts

(01:51 - 05:11) Tom's Professional Journey
- Tom shares his professional journey

(05:11 - 36:31) Building Cashflow through Self Storage Investments
- Tom shares his first self storage acquisition
- Tom's main criterias in looking for self storage opportunities
- He also shares other value adds he does once he acquire the facility
- Square feet per population that he look forward to
- Average price per square foot per population
- His target average cap rate in storage facility
- His thought about the interest rate
- He also talks about which specific market that he is looking for
- Average per square foot price per self storage facility
- He also talks about his debt structure, equity structure and how does it works in his company

(36:31 - 43:36) Final Round
- Tom shares his best business or investment advise
- Tom's best book that he recommend that made an impact to his business and life
- How Tom give's back
- His main source to learn and grow

(43:36 - 44:48) Closing Segment
- If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Today’s guest on the show is Ryan Narus, a mobile home park owner and Co-founder of the Archimedes Group, LLC. Ryan is a self-made real estate entrepreneur who have invested in about 82 Mobile Home Parks.  But here's the thing, he started with nothing. No money. No experience. No network.  In this episode we get into details of how Ryan got started in mobile home parks, his views on investing in mobile home parks, what he does to improve trailer parks, his perfect communities, wins, pitfalls, and much more.

DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:46) Introduction
- Ryan is introduced as the guest Hosts


(01:46 - 05:35) Ryan's Professional Journey
- Ryan shares his professional journey


(05:35 - 41:19) Creating Mobile Home Park Empire from Scratch
- Ryan shares what role did mindset played for him
- Ryan shares his first deal and how he get started
- Ryan also shares why mobile home park
- What is his main criteria in looking for mobile home park
- Shares the types of item in mobile home park business
- Ryan talks about land lease mobile home park
- Cost of an average mobile home
- Hardest part of the mobile home business
- Ryan shares his mistakes that he made in mobile home business
- Also, he talks about things need to look out for as in mobile home buisness as a passive investor


(41:19 - 51:36) Final Round
- Ryan shares his best business or investment advise
- Ryan's best book that he recommend that made an impact to his business and life
- How Ryan give's back


(51:36 - 53:53) Closing Segment
- If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Derek Clifford is a successful real estate investor of single and multifamily properties, acquiring numerous units out-of-state while in his first year of acquisitions while working a full time job. He is also the founder and CEO of Elevate Equity, a firm that partners with individuals and companies to purchase, improve, and operate cash flowing multifamily apartment real estate.

Derek has helped many people retire from their full-time jobs using income from cash-flowing real estate. He is a real estate coach and is passionate about helping others achieve true financial independence using passive income from real estate investments as a primary vehicle for creating wealth.

In August 2020, Derek has published his first book "Part-Time Real Estate Investing for Full-Time Professionals." He also loves to give back his knowledge and has a passion for breaking down complex topics into easy to explain topics. He’s helped many people start, maintain, and grow their portfolios to achieve their own financial independence. In his spare time, Derek enjoys relaxing with his wife, biking, hiking, reading, household construction projects, spending time with his wife, and playing strategy and adventure games.

DISCLAIMER: We are not giving any financial advice.


(00:00 - 01:26) Introduction
- Derek is introduced as the guest Hosts

(01:26 - 07:01) Derek's Professional Journey
- Derek shares his professional journey

(07:01 - 39:42) Decoding 3 Degrees of Freedom Through Real Estate
- Derek explains what is 1031 exchange
- Derek shares about the 3 degrees of freedom and how he achieve it
- He also shares what are the steps he took
- He shares also what 4 C's is
- Derek shares his first multi-family deal
- Other areas that Derek is focused on
- Common challenges he faces in multi-family syndication
- Derek's advice to the listener

(39:42 - 41:50) Final Round
- Derek shares about the book that he recommends that made a major impact on his life and business
- Derek's main source of information to learn and grow

(41:50 - 43:57) Closing Segment
- If you want to learn more about the podcast, just check out the link below.


Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Chris Salerno is the Principal of QC Capital Group in Charlotte, North Carolina.
He found early success in the residential brokerage space, before starting QC capital in 2019 and pivoting to commercial real estate investments focusing on multifamily and car washes across multiple states in US.
 

DISCLAIMER: We are not giving any financial advice.


(00:00 - 01:33) Introduction
- Chris is introduced as the guest Hosts


(01:33 - 04:58) Chris's Professional Journey
- Chris shares his professional journey

(04:58 - 28:35) Pivoting from Multifamily to Car Wash Investment
- Chris shares how did his experience help him as a broker
- Also, he also shares about what is the current multi-family situation
- Chris shares also about his different strategies he impliment to increase the NOIs
- How does the operational work of a car wash
- Specific areas for car wash
- How is the distribution in car wash
- Chris' common challenges that he faced
- Chris also shares what are the system to attract the investor to QC capital
- Where Chris getting his leads
- Chris' worst and best deal came across

(28:35 - 30:32) Final Round
- Chris shares about the book that he recommends that made a major impact on his life and business
- Chris's advice to the listener
- How Chris gives back


(30:32 - 31:46) Closing Segment
- If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Cody Payne is the Senior Vice President and team leader for the Office & Industrial Investments Team at Colliers International in Dallas/Fort Worth, Texas. He specializes in industrial investment properties in Texas. Over the past 17 years, Cody has closed more than 600 commercial real estate transactions.

In this episode, we are going to dive deep into specifics of office and industrial investments especially Flex industrial business parks; providing invaluable insights, strategies, and real-life stories to guide you through the process.

DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:36) Introduction
- Cody is introduced as the guest Hosts

(01:36 - 03:27) Cody's Professional Journey
- Cody shares his professional journey

(03:27 - 36:58) The Internal Mechanics of Industrial Flex Spaces
- Cody shares the Pro's and Con's about Flex space
- Also, he also shares about what criteria's should be aware aof when starting flex space investment
- Things to do to add substantial value to the property
- Normal cap rate as of the current market situation for flex space
- Turn around time for flex space
- Price per square foot per flex space
- To find a good flex space
- How financing works in flex space
- Main components to be aware of while evaluating
- Types of buyers
- Specific things that he might missed investing in flex space
- Normal cost for square foot

(27:36 - 32:11) Final Round
- Cody offers his primary information source to promote personal and business growth
- Cody shares about the book that he recommends that made a major impact on his life and business
- Cody's advice to the listener
- How Cody gives back

(32:11 - 33:45) Closing Segment
If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Danny is the founders of “The Bellish Team”, a real estate investment firm. As former NYC advertising executive, he spent 15 years managing multi-million-dollar marketing budgets for some of Fortune 500’s brands but decided to pivot into real estate in 2018 in pursuit of more passive income. He is a RE syndicator and have grown from 4 units to around 700 units, 2 funds, and 2 developments in just 3 years - all with a full-time job.

DISCLAIMER: We are not giving any financial advice.

(00:00 - 02:04) Introduction
- Danny is introduced as the guest Hosts

(02:04 - 06:07) Danny's Professional Journey
- Danny shares his professional journey

(06:07 - 36:58) Journey From Marketing Executive to Real Estate Investor
- Danny shares how would the marketing executive perspective help in real estate
- Are multi-family deals are they within New Jersey area or all over the US?
- Shared his different segments of commercial property that he investing in
- Danny shares how he balances all his works

(36:58 - 43:48) Final Round
- Danny offers his primary information source to promote personal and business growth
- Danny shares about the book that he recommends that made a major impact on his life and business
- Danny's advice to the listener
- How David gives back

(43:48 - 44:52) Closing Segment
If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

David McIlwaine is a seasoned entrepreneur and successful executive with deep experience in business growth, scale and delivering results. His 25 yrs. of real estate experience spans across multifamily units, commercial retail development, asset management, and much more. He worked in  corporate world for almost 14 years and have successfully gaining sovereignty over his career and net worth along the way. He founded MAC Assets in 2019 with a portfolio that currently includes property in the southeast as well as Kansas Citi & Denver. At present he is a general partner in more than 1,000 doors.

David McIlwaine Facebook Personal Page  https://www.facebook.com/david.mcilwaine/
MAC Assets Facebook Business Page  https://www.facebook.com/MACAssets/
MAC Assets Instagram Page https://www.instagram.com/macassetsco/
MAC Assets Youtube Page https://www.youtube.com/@macassets/videos
David McIlwaine LinkedInPersonal Page https://www.linkedin.com/in/david-mcilwaine/
MAC Assets LinkedIn Business Page https://www.linkedin.com/company/mac-assets/


DISCLAIMER: We are not giving any financial advice.

(00:00 - 02:01) Introduction
- David is introduced as the guest Hosts

(02:01 - 05:02) David's Professional Journey
- David shares his professional journey

(05:02 - 43:41) Breaking Golden Handcuffs and Diversifying in Real Estate
- David shares about the passive investment on how to start investing in real estate
- He also shares about alternative investment
- How to take advantage of tax benifits
- David's suggestion to diversify real estate
- David's main criteria in buying properties
- David's advice on how to start innvesting in real estate

(43:41- 46:35) Final Round
- David offers his primary information source to promote personal and business growth
- David shares about the book that he recommends that made a major impact on his life and business
- David's advice to the listener
- How David gives back

(46:35 - 48:01) Closing Segment
If you want to learn more about the podcast, just check out the link below.

Youtube: https://www.youtube.com/channel/UC8ttrbgIlgn0MC_4u2ZWWnQ
LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/

Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and a co-author of the book “Resilient Women in Life and Business”. She is also the host of the “Passive Investing Made Simple” and “Multifamily Investor Nation” YouTube shows and podcasts, and a partner in $800MM+ in real estate, including multifamily apartments, car washes and self-storage units across 11 states.

Today she joins us to discuss the importance of investor education and best practices for investor relations in real estate. To gain a better understanding of the importance of developing a relationship with the investor and helping you gain confidence and achieve success in the real estate market.


DISCLAIMER: We are not giving any financial advice.

(00:00 - 01:39) Introduction
- Whitney is introduced as the guest Hosts

(01:39 - 07:16) Whitney's Professional Journey
- Whitney shares his professional journey

(07:16 - 30:32) Solving Wealth Game Puzzle Through Passive Investments
- Whitney shares how she get started investing in multi-family, car washes and self-storage
- She shares as well what are the basic criteria for investors should pay attention to, when they vet a syndicator or operator
- Also, she shares what she is focusing on right now and how she convinces investors

(30:32 - 33:22) Final Round
- Whitney offers his primary information source to promote personal and business growth
- Whitney shares about the book that he recommends that made a major impact on his life and business
- Whitney's advice to the listener
- How Whitney gives back

(33:22 - 34:58) Closing Segment

If you want to learn more about the podcast, just check out the link below.

LinkedIn: https://www.linkedin.com/company/80036754/admin/feed/posts/
Facebook: https://www.facebook.com/AstreCapital/
Twitter:  https://twitter.com/AstreCapital
IG:  https://www.instagram.com/astrecapital/