Global Investors: Investing in U.S. Real Estate

Global Investors: Investing in U.S. Real Estate

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Global Investors: Investing in U.S. Real Estate episodes

  • GI357: Why Self-Storage is the Smartest Play in Real Estate with Fernando Angelucci

    Fernando Angelucci has purchased 55 self-storage facilities across 24 states, totaling approximately $240 million in value. In this episode, Charles Carillo speaks with Fernando about why self-storage investing has become one of the most attractive strategies in commercial real estate.

    Fernando explains how he moved from engineering to house flipping, apartments, and eventually self-storage after getting tired of the “tenants, toilets, and trash” that come with traditional rental properties. He also shares how his company approaches self-storage as an operating business, not just a passive real estate investment.

    In this episode, you’ll learn how Fernando evaluates self-storage deals, buys mom-and-pop facilities, increases revenue, cuts expenses, converts big-box retail stores, and develops institutional-grade self-storage properties from the ground up.

    Fernando also breaks down the risks of self-storage investing, including rising competition, institutional capital entering the market, and why a cheap self-storage facility is not always a good deal.

    Watch this episode if you want to understand how self-storage investing works, what makes a good self-storage market, and how experienced operators create value in this asset class.

    Learn More About Fernando Here:

    • SSSE - https://ssse.com/
    • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

      ◾ Setup a FREE 30 Minute Strategy Call with Charles:

      http://ScheduleCharles.com

      ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

      ◾ FREE Passive Investing Guide: http://www.HSPguide.com
      ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
      ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
      ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

      29 min
    • SS279: Debt Basics Every Apartment Investor Must Know

      What if the wrong loan could quietly destroy your apartment deal—even if your underwriting looks perfect? 

      Commercial real estate financing plays by a completely different set of rules than residential mortgages. In this episode of Strategy Saturday (SS 279), host Charles Carillo breaks down the critical commercial debt fundamentals every multifamily investor must master to protect their portfolio and personal wealth.

      KEY CONCEPTS IN THIS EPISODE:

      • Commercial Lending Underwriting (Why 5+ units are different than 1-4 units)
      • Valuation Metrics: LTV (Loan-to-Value), DSCR (Debt Coverage Service Ratio), and LTC (Loan-to-Cost)
      • Risk Management: Recourse vs. Non-Recourse Debt (Protecting personal wealth)
      • Loan Schedules: Amortization period vs. Loan Term (Avoiding the balloon payment trap)
      • Prepayment Penalties: Step-Down (3-2-1 / 5-4-3-2-1), Defeasance, and Yield Maintenance
      • Commercial Loan Types: Agency, Bank, Bridge, and Permanent Financing

       

      Links Referenced in Episode:

      • SS134: What is Debt Service Coverage Ratio (DSCR) - https://youtu.be/W6eB7NjThiY 
      • 🎧 Listen on Apple Podcasts:

        https://podcasts.apple.com/us/podcast/global-investors-investing-in-u-s-real-estate/id1478632257

        📺 Watch More Episodes:

        https://www.youtube.com/playlist?list=PL0f-I8DCAcPjYqiw_H4yL2vtcbJIHl-Qn

        👉  Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

        ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com
        ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 
        ◾ FREE Passive Investing Guide: http://www.HSPguide.com
        ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
        ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
        ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

         

        6 min
      • GI356: Why Bad Property Management Destroys Real Estate Returns with Tony Julianelle

        Bad property management can quietly destroy real estate returns through vacancy, poor renewals, weak systems, rising expenses, compliance risk, and misaligned incentives.

        In this episode, Charles Carillo interviews Tony Julianelle of Atlas Real Estate about how investors should think about property management, resident retention, operating systems, and building scalable real estate portfolios. Tony shares lessons from his 20-year career at Wells Fargo, the growth of Atlas Real Estate, and why strong management is not just about collecting rent—it is about protecting returns.

        You’ll learn why “mailbox money” is often misleading, how renewals impact investor performance, what questions to ask before hiring a property manager, and why data, systems, and resident relationships are critical in today’s real estate market.


        Learn More About Tony Here: https://realatlas.com/

         

        Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

        ◾ Setup a FREE 30 Minute Strategy Call with Charles:

        http://ScheduleCharles.com

        ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

        ◾ FREE Passive Investing Guide: http://www.HSPguide.com
        ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
        ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
        ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

        36 min
      • SS278: How to Stress-Test a Multifamily Deal

        What if your multifamily deal only works when everything goes right? In this episode of Strategy Saturday, Charles Carillo breaks down how to stress test a multifamily deal before investing real money. Most apartment investors focus only on projected returns, but experienced investors focus on downside protection and risk analysis.

        You’ll learn how to analyze break-even occupancy, interest rate sensitivity, expense growth, DSCR pressure, and exit cap rate expansion to see whether your deal can survive under real market conditions.

        This episode covers:

        • How to stress test a multifamily deal

        • Break-even occupancy explained

        • Multifamily underwriting mistakes

        • Interest rate sensitivity analysis

        • DSCR and refinancing risk

        • Exit cap rate expansion

        • Apartment investing risk management

        • Commercial real estate underwriting strategies

          If you invest in apartment buildings, multifamily syndications, or commercial real estate, this video will help you avoid weak deals that only work on paper.


          Links Referenced in Episode:

          • SS252: Property Expenses Increase as Properties Get Older - https://youtu.be/V-qRYPPxWVk
          • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

            ◾ Setup a FREE 30 Minute Strategy Call with Charles:

            http://ScheduleCharles.com

            ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

            ◾ FREE Passive Investing Guide: http://www.HSPguide.com
            ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
            ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
            ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

            5 min
          • GI355: Why High-Income Professionals Fail at Real Estate Investing with Buck Joffrey, MD

            High income does not always mean financial freedom. In this episode, Charles Carillo interviews Buck Joffrey, MD — a surgeon turned entrepreneur, real estate investor, and host of Wealth Formula Podcast.

            Buck shares why many high-income professionals struggle to build real wealth, how he moved from medicine into real estate, and why cash flow matters more than income alone.

            They also discuss today’s multifamily market, distressed buying opportunities, value-add investing, operator due diligence, leverage, cash reserves, and what passive investors should watch before investing in a deal.

            Learn More About Buck Here: 

            • Wealth Formula - https://www.wealthformula.com/
            • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

              ◾ Setup a FREE 30 Minute Strategy Call with Charles:

              http://ScheduleCharles.com

              ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

              ◾ FREE Passive Investing Guide: http://www.HSPguide.com
              ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
              ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
              ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

              33 min
            • SS277: How Expense Ratios Kill (or Save) Deals?

              One of the biggest mistakes in real estate investing is underestimating expenses—and it can quietly destroy your property’s value. In this video, we break down how expense ratios work, why they matter in multifamily underwriting, and how small expense errors can wipe out hundreds of thousands in value.

              If you want to analyze real estate deals like a pro, understanding expense ratios is non-negotiable. This video will show you how to identify hidden costs, avoid bad deals, and uncover real opportunities.

              What you’ll learn:

              • What a good expense ratio is for multifamily properties
              • How expense ratios impact property value
              • Why beginners miscalculate expenses
              • How to analyze rental property expenses step by step
              • Common underwriting mistakes investors make
              • If you're serious about multifamily investing and real estate deal analysis, this breakdown will give you a practical edge.


                Links Referenced in Episode:

                • SS273: Multifamily Expense Ratio - https://youtu.be/aC05w_SRiGk

                • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

                  ◾ Setup a FREE 30 Minute Strategy Call with Charles:

                  http://ScheduleCharles.com

                  ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

                  ◾ FREE Passive Investing Guide: http://www.HSPguide.com
                  ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
                  ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
                  ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

                  5 min
                • GI354: Why Smart Real Estate Investors are Switching to Industrial with Irwin Boris

                  In today’s market, many real estate investors are rethinking their strategy — especially in multifamily.

                  Rising operating costs, tighter margins, and increased competition are forcing investors to look for more stable, cash-flowing opportunities.

                  In this episode of the Global Investors Podcast, Irwin Boris shares why more investors are shifting toward small-bay industrial real estate — a less talked about asset class that offers strong tenant demand, lower volatility, and consistent cash flow.

                  Irwin breaks down his journey from CPA and underwriter to industrial real estate investor, and explains how his operator-first mindset gives him an edge in today’s uncertain market.

                  You’ll learn why small-bay flex industrial is gaining traction, how tenant behavior drives long-term stability, and what smart investors are looking for when entering new markets.

                  If you're investing in multifamily or thinking about diversifying your portfolio, this episode will give you a clear perspective on where the market is heading.

                  WHAT YOU’LL LEARN:

                  • Why investors are moving away from multifamily

                  • The real challenges of operating apartments today

                  • What small-bay industrial real estate actually is

                  • Why industrial tenants are more “sticky”

                  • How to evaluate new real estate markets

                  • The importance of conservative leverage and cash flow

                  • Why many syndication deals are failing today

                  • How experienced investors manage risk

                    Learn More About Irwin Here:

                    • Peykar Capital LLC - https://www.peykar.capital/
                    • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

                      ◾ Setup a FREE 30 Minute Strategy Call with Charles:

                      http://ScheduleCharles.com

                      ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

                      ◾ FREE Passive Investing Guide: http://www.HSPguide.com
                      ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
                      ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
                      ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

                      33 min
                    • SS276: When to Renovate Units—and When Not To

                      Most investors overpay for apartment renovations—and it quietly destroys their returns.

                      In this episode, we break down a smarter renovation strategy used by experienced multifamily investors to maximize ROI and avoid costly mistakes. You’ll learn how to apply the 36-month payback rule, how to analyze rent comps correctly, and why simple upgrades often outperform full renovations.

                      If you’re investing in rental properties or multifamily real estate, this framework will help you increase NOI, improve cash flow, and make better capital allocation decisions.

                      What you’ll learn:

                      • The 36-month renovation payback rule explained

                      • When to renovate (and when not to)

                      • How to avoid over-renovating your units

                      • Light vs full renovation: which performs better

                      • How to test renovation levels across units

                      • How to use rent comps the right way

                        This is essential for anyone focused on apartment renovation ROI, multifamily investing, and value-add strategies.

                        🎯 If you found this helpful, subscribe for more real estate investing strategies and weekly insights.

                         

                        Links Referenced in Episode:

                        • SS219: Transforming Properties: The Untold Value of Minor Renovations - https://youtu.be/fN7h6xCTlJc
                        • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

                          ◾ Setup a FREE 30 Minute Strategy Call with Charles:

                          http://ScheduleCharles.com

                          ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

                          ◾ FREE Passive Investing Guide: http://www.HSPguide.com
                          ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
                          ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
                          ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

                          5 min
                        • GI353: From $500 to a $12M Real Estate Portfolio with Andres Bernal

                          He came to the U.S. with just $500… and turned it into a $12M real estate portfolio. In this episode of the Global Investors Podcast, Andres Bernal breaks down exactly how he built his portfolio from the ground up — from his first deal to scaling flips, rentals, and a team that runs the operation. This is not theory. It’s a tactical breakdown of what actually works in real estate today.

                          You’ll learn:

                          • How Andres went from working 50–60 hours a week to building financial freedom

                          • The exact strategy behind flipping 50+ properties in 2 years

                          • How he built a contractor team from scratch (without connections)

                          • Why student rentals outperform traditional rentals in certain markets

                          • The truth about Section 8 investing (and why most investors misunderstand it)

                          • How to screen tenants properly to avoid costly mistakes

                          • When to sell properties and redeploy capital for better returns

                          • The biggest mistakes new real estate investors make (and how to avoid them)

                            If you're serious about building wealth through real estate, this episode gives you a real-world blueprint — no fluff, no hype.

                             

                            Learn More About Andres Here:

                            • LinkedIn - https://www.linkedin.com/in/andres-bernal-6b6716398/
                            • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

                              ◾ Setup a FREE 30 Minute Strategy Call with Charles:

                              http://ScheduleCharles.com

                              ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

                              ◾ FREE Passive Investing Guide: http://www.HSPguide.com
                              ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
                              ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
                              ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

                               

                               

                               

                              45 min
                            • SS275: How to Spot Over-Optimistic Rent Growth

                              If you’re underwriting a multifamily deal and relying on rent growth… you might already be making a costly mistake.

                              Over-optimistic rent projections are one of the biggest reasons apartment deals look great on paper—but fail in real life. In this video, we break down how to spot unrealistic rent growth, how to analyze true market rent vs current rent, and how to avoid overpaying for a deal.

                              Whether you're an active investor or a passive investor reviewing deals, understanding this one assumption can protect your downside and improve your long-term returns.

                              What you’ll learn:

                              • The difference between current rent and true market rent

                              • How to analyze rent comps correctly

                              • Why “3% rent growth” is often misleading

                              • How new supply impacts rent growth

                              • The biggest underwriting mistakes investors make

                                If you want to avoid bad deals and make smarter investment decisions, this is a must-watch. Subscribe for more multifamily investing strategies and real estate insights.

                                 

                                Links Referenced in Episode:

                                • SS236: How To Raise Rents Without Losing Tenants - https://youtu.be/AZMOE35popA
                                • Connect with the Global Investors Show, Charles Carillo and Harborside Partners:

                                  ◾ Setup a FREE 30 Minute Strategy Call with Charles:

                                  http://ScheduleCharles.com

                                  ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ 

                                  ◾ FREE Passive Investing Guide: http://www.HSPguide.com
                                  ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com
                                  ◾ Passively Invest in Real Estate: http://www.InvestHSP.com
                                  ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

                                   

                                  7 min

                                About Global Investors: Investing in U.S. Real Estate

                                From the publisher's feed

                                The Global Investors Podcast focuses on helping both active and passive investors generate income and generational wealth by investing in U.S. real estate. Listen to interviews with investors, syndicators, lenders, attorneys, property managers, and other industry professionals who have successfully built their businesses while working alongside real estate investors.

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