Get Leveraged

In this episode, Sam Newell and his partner, Michael Young, give updates on their investment properties.

Watch the video version here: https://youtu.be/x30Tsb1wWA8

For more info about the Multi-Family Investment Club, visit MFIclub.com

Jeremy Herider is a three-sport professional athlete, productivity coach to several Fortune 500 companies, and life coach (among many other titles). He’s also the pioneer of Optimal Self Inc. and spends every day following the very habits he promotes through this program. Jeremy has helped 1,000’s of people become the best versions of themselves through Optimal Self, and he’s done so with the belief that every high-performing individual follows those same basic habits to support their success.

On This Episode:

• Hear about the childhood memory that changed the course of Jeremy's life.
• Sam shares the mindset that got him to the first 100k year and the first 1.2 million year.
• Learn the importance of showing up at 100%.
• Jeremy explains why you need to stop finding yourself.

Tweetable Quote:

“Life is not about finding yourself. It's about creating yourself."

Connect With Jeremy Herider Online:

https://www.optimalself.today/

Josh Plave is the founder of Wall to Main and a full-time multifamily investor. Holding a portfolio of over 1,500 units across seven markets, Josh is a General Partner across 10 properties spanning 800 units.

​Josh's experience in retirement accounts began at 16, when he opened his first Roth IRA and began trading equities.

Since then, after the unfortunate passing of his grandfather and mother, he was left with multiple Inherited IRAs. Through careful research and structuring, Josh has been able to further the legacy of prior generations and accelerate the growth of his family's capital.

​This experience led to the creation of Wall to Main, where the lessons learned and opportunities found are meant to be shared, free of cost, for those who seek to preserve and grow their wealth for a prosperous future.

On This Episode:

• Discover how you can use your retirement funds to invest in real estate.
• Josh simply breaks down the restrictions guidelines for using retirement funds for investment properties.
• Sam and Josh discuss the volatility of the S&P 500 vs Multifamily.

Tweetable Quote:

“Multifamily is 58% less volatile than the S&P 500.” – Josh Plave

Connect With Josh Plave Online:

https://www.walltomain.com/

The UBIT Calculator:

https://www.walltomain.com/ubit-calculator

It's episode 061 of the Recession Proof Real Estate Investing Podcast, and Sam Newell is sitting down with Scott Pyle.

Scott has over thirty years of experience in the financial industry. His extensive background in financial management includes executive positions with Merrill Lynch, Morgan Stanley, and Wachovia Securities. He is an Accredited Asset Management Specialist (AAMS) and Wealth Management Specialist (WMS). He continues to serve individuals and families through comprehensive financial planning at Pyle Financial Services, Inc.

In addition, Scott serves as the Senior Advisor to Dr. John Maxwell Foundation infusing biblical leadership principles into the culture around the world. He also serves as the Senior Advisor to the Executive Team of Athletes In Action helping sports-minded people think and live biblically.

On This Episode:

• Learn the value of staying in your lane as an investor.
• Scott breaks down the difference between gambling and investing.
• Sam and Scott discuss aligning wealth and purpose.
• Find out why you shouldn’t necessarily invest in rapidly growing areas.

Key Takeaway:

When identifying a good investment:

1. A good return should be the starting point
2. Ask yourself, "How does it align with what I’m already doing?"
3. Ask yourself, "Does it add value or increase my visibility?"
4. Ask yourself, "Does it bring credibility to me within a marketplace or am I just chasing returns?"

Tweetable Quote:

“Return OF your money is just as important as return ON your money.” – Scott Pyle

Connect With Scott Online:

Facebook:

https://www.facebook.com/RonaldScottPyle / https://www.facebook.com/Pylewealthmanagement

LinkedIn:

https://www.linkedin.com/in/ronaldscottpyle/

Website:

https://scottpyle.com/

https://www.pylefinancialservices.com/

Disclaimer: Securities and Advisory Services offered through Prospera Financial Services. Member FINRA/SIPC

There is a huge demand for affordable housing. Not only is it scalable and recession proof, it actively adds value and impacts communities. Take it from Jesse Futia. Jesse is a US Army Ranger and a commercial real estate investor. His focus is on Commercial and Residential Real Estate Investments especially in the multi family student housing space. He also pursues investments in Apartment Complexes, Mobile Home Parks, and Assisted Living Complexes. With a relentless, US Ranger like pursuit of having 1,000 units and 1,000 Pads under management within five years, Jesse is one to look out for.

[00:01 – 06:31] Opening Segment

• Jesse gets right into his background and his investments in affordable housing
• Examples through MHP

[06:32 – 16:55] Empathetic Capitalism: Scaling Through Affordable Housing 

• The value of scaling with affordable housing
• Low payments, high cash flow, with value add
• The empathetic capitalist - you don’t have to be a slumlord 
• Creating scenarios where everybody wins
• Example from my own experience

[16:56 – 30:10] Change Your Mindset and Put in the D*mn Work

• Comparing my deal to Jesse’s MHP asset class
• Value add potential and demand
• Jesse talks about going from single family to multifamily 
• Change your mindset and put in the work
• Bringing the Ranger mindset into real estate
• Doing what others will not 
• Do not quit

[30:10 – 34:27] Summary

• Final advice, and words from me and Jesse

Tweetable Quotes:

"We want to create scenarios where everybody wins. We win, the tenants win, the municipality or the city wins… empathetic capitalism is very crucial.” - Jesse Futia

“I don’t want to be a landlord, I want to be an entrepreneur - how do I do that? I need to scale to larger commercial assets.” - Jesse Futia

“There’s no quit, there’s no stop, and you have to be willing to do what others will not.” - Jesse Futia

Resources Mentioned: 

• Who Not How

You can connect with Jesse on LinkedIn and continue the conversation.

Subscribe to the podcast on Apple, Spotify, and Google.

Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTube

Tune In and Become Recession Proof!

Unless you have a net worth of at least $20M, what in God’s name are you owning a house for? Let’s talk about getting more money from your money. Michael Young started his diverse real estate career right after graduating high school. His original training was working in his family real estate business where he was part of developing apartments as well as responsible for the sales of hundreds of homes. After being Top Agent for Coldwell Banker for many years, he established his own company, Princeton Pacific.

[00:01 – 05:22] Opening Segment

• Paul gets right into his background and what he learned from selling his home
• Fiction vs. Reality - let’s look at the numbers
• The opportunity loss from Michael’s transaction 

[05:23 – 08:37] Fiction vs. Reality - The Numbers Don't Lie

• Calculating the cash-out ReFi
• Reality check - why are you owning a house?
• Total amount Paul could have made

[08:38 – 16:58] Buying Toys Won't Pay You Back, Assets Will

• The effects of delaying gratification
• Example from a friend who bought an expensive car
• What I will make on the Cleveland Deal
• Your money should be in assets, assets will pay for your toys
• The type of assets you buy matter
• Cash-flow and scale 

[16:59 – 17:50] Summary

• Final advice, and words from me Michael 

Tweetable Quotes:

"Unless you have a net worth of at least $20M, what in God’s name are you owning a house for?” - Michael Young

“Until you have the asset base to back up these toys, which everyone’s entitled to… You’re really making a mistake, the numbers don’t lie.” - Michael Young

You can follow Michael by emailing [email protected] and check out https://www.princetonpacific.com/ to start building your wealth the smart way.

Subscribe to the podcast on Apple, Spotify, and Google.

Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTube

Tune In and Become Recession Proof!

Welcome to another episode of Recession Proof Podcast, today we meet our guest: Clay Malcolm, Clay is a Self-Directed IRA and HSA Expert. Financial Literacy Speaker and Advocate. Certified IRA Services Professional. He is also a Creator and presenter of customized educational content related to retirement account investing, investment dynamics, and general financial literacy. Self-Directed IRA, HSA, and Solo 401(k) expert.

Tune in!

Everybody knows there’s a ton of money to be made in real estate, the thing is, how do you do it? Ken Gee is the Founder and President of the KRI group. He has over 23 years experience in real estate, banking, private equity transaction and multifamily investing experience. Throughout his career, he has been involved in transactions valued in excess of $1.5 billion and plays a significant role as a member of due diligence and transaction structure planning teams for several private equity firms.

[00:01 – 08:00] Opening Segment

• Ken gets right into his background and what he learned from the last recession
• What went wrong?
• Takeaways 

[08:01 – 30:00] Plan, Learn, Re-Evaluate, and Adjust

• What Ken does to protect the downside
• Be ready to re-evaluate and adjust your plans based on what you learn
• Things WILL change 
• Key things to keep in mind during the renovation process
• Ken’s advice on analyzing the risk getting to the upside of a deal 
• Risk adjusted returns
• The beauty of syndication

[30:01 – 46:00] Everyone Should Be a Passive Investor 

• Ken’s free e-book, where to grab it and what value you’ll get from it
• Advice for people who want to become passive investors 
• What to look for in a business plan as a passive investor 
• Where to find help from Ken and other resources: Links Below

[46:01 – 50:51] Summary

• Final opportunities, advice, and words from Ken

Tweetable Quotes:

"The biggest lesson I learned was to manage your debt and your capital stack very, very carefully. Give yourself multiple potential strategies with that loan.” - Ken Gee

“Everyone knows you can make a ton of money in real estate, this is not a secret at all. But what most people struggle with is how do THEY do it?” - Ken Gee

“It’s a business, not just an apartment.” - Ken Gee

 Resources Mentioned: 

• KRIProperties
• KRI Property Management 
• Too Big to Fail

You can follow Ken on LinkedIn and visit https://www.kripartners.com/ and get your free e-book!

Subscribe to the podcast on Apple, Spotify, and Google.

Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTube

Tune In and Become Recession Proof!

Grace Tsang is a San Francisco Bay Area top producing real estate agent and a luxury home marketing specialist. Grace's true passion is to help clients make smart real estate decisions that positively transform their lives and build long-term wealth. She has an extensive background in real estate sales, real estate investment, business, and technology from her previous career in software and her formal education.

[00:01 – 02:24] Opening Segment

• Grace talks about her real estate background

[02:25 – 13:16] The Cincinnati Deal 

• We talk about the Cincinnati deal that we are currently working on
• Contingency plans
• Private Placement Memorandum (PPM)
• What is Grant Cardone doing?

[13:17 – 14:54] Summary

• A summary of today's takeaways

Tweetable Quotes:

"We are not planning for the worst-case scenario, but we need to be prepared for it." – Grace Tsang

You can follow Grace on LinkedIn or visit the Intero Real Estate website for more information.

Subscribe to the podcast on Apple, Spotify, and Google.

Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTube

Tune In and Become Recession Proof!

In this episode, we celebrate the closing of our 104 - door multifamily investment in Cleveland, Ohio. This deal would not have been possible without the incredible team that managed it. So, in celebration of this memorable moment, we put the spotlight on the people that made this deal a success.

On this episode:

• Who are the people behind our Fairmount-Cleveland Ohio closing? I introduce them and thanked everyone.
• Everyone shares why they love investing in Multifamily.
• We discuss each of our roles (who was responsible for what)
• Why this deal was awesome!! From the property itself to the tenants.

Tweetable Quotes:

“Now, I will never, no matter how good the money is, I will never do business with people I don’t enjoy working with ever again.” – Sam Newell

Subscribe to the podcast on Apple, Spotify, and Google.

Follow me on the following platforms: LinkedIn, Facebook, Instagram, and YouTube

Tune In and Become Recession Proof!