How Did They Do It? Real Estate

How will you thrive in commercial investing amidst a changing real estate market and economic condition?

Let’s welcome Dennis Cisterna III in this week’s episode, sharing his journey from the residential to the commercial side of the business! Dennis shares his perspectives on the current situation of the housing and real estate market, the advantages of investing in retail, office, and industrial, and how powerful the fund model is!

Key Points & Relevant Topics

• Dennis’ focus on single-tenant long-term net leases and commercial real estate in general
• The current condition of the economy, housing market, and interest rates
• What markets and assets investors should be focusing on in the current market situation
• Dennis’ insights on investing in office buildings, retail space,s and industrial and their opportunities
• Benefits of having a fund model for investors and operators
• Things investors should be looking for in a fund model
• Hold period and exit strategies in a fund model

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Dennis Cisterna III

One of the most well-known executives in the real estate investment sector, Dennis Cisterna guides the firm's investment strategy and growth. Relying on his keen sense of market dynamics, he has built a reputation for being a first-mover in many market niches. Over his 25-year career, he has completed nearly $4 billion worth of real estate transactions across the U.S. and Europe. Deftly moving between commercial and residential investments, Dennis is also the founder of Guardian Residential, where he was at the forefront of the SFR build-to-rent sector in his partnership with Lafayette Real Estate and the Carlyle Group. 

He previously served as the CEO of Investability Solutions, a vertically integrated service provider to institutional real estate investors. Prior to that, Dennis served as Managing Director of FirstKey Lending, a portfolio company of Cerberus Capital Management. Over his 20-year career, Dennis has held a wide variety of management positions within the real estate investment and development sectors including key roles at notable firms such as Johnson Capital, Lennar, and Toll Brothers. He has served as a member of NAIOP, ICSC, the National Rental Home Council, ULI, the National Association of Home Builders, and the National Multi-Housing Council. 

A frequent speaker at economic and real estate conferences across the nation, Dennis has given his investment insights to tens of thousands of investors over the past several years and is regularly cited in the media as one of the foremost real estate experts in the United States. He has served as a monthly contributor for U.S. News & World Report and Builder & Developer and previously hosted The Investability Podcast. He has received numerous industry awards including being named a Rising Star in HousingWire and a Net Lease Influencer by Real Estate Forum. He is a Licensed Real Estate Broker in California and has a B.A. in Political Science from San Diego State University. 

Get in Touch with Dennis
Website: https://www.sentineloppfund.com/  / https://sentinelnetlease.com/ 

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

What does it take to acquire investment properties and grow your portfolio more? Join us this week as we’ve invited Steven Andrews on the show for his journey to real estate investing, his roadmap to being a successful property investor, and more to learn from this meaningful conversation!

Key Points & Relevant Topics

• How Andrew learned about real estate investing and started his journey
• The power of being creative when acquiring investment properties
• Evaluating rental properties conservatively
• Why it’s important to have multiple financial institutions and financing options
• Finding good deals in today’s market and diversifying your investment portfolio
• How to prepare yourself for the potential market downturn

Resources & Links

• The New American Dream: A Simple Roadmap to Purchasing Investment Properties
• Building Wealth: Achieving Personal and Financial Success in Real Estate and Business Without Money, Credit, or Luck
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Steven Andrews

Remembering how hard it was to overcome his own doubts and insecurities in the beginning of his investment career, Steven Andrews is now on a mission to empower others to achieve their own goals in real estate. In addition to writing, The New American Dream: A Simple Roadmap to Purchasing Investment Properties, Steven established SOARX Consulting, where he provides an eleven-week course outlining the same process he used to create his rental property company. The program, like the book, offers a roadmap to finding the kind of success Steven has in the business called real estate. 

Get in Touch with Steven

• Website: https://soarxconsulting.com/ 
• Email: [email protected] 
• Facebook: SOARX Consulting
• Instagram: @soarx_consulting
• LinkedIn: Steven Andrews

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

This week’s episode with Walter Johnson gives us more about the mobile home park and its power to create cash flow!

Let’s learn from Walter’s strategies for stabilizing and operating a mobile home park business, the challenges of investing in this asset class, its advantages amidst the thriving real estate market, and more that every investor should hear!

Key Points & Relevant Topics

• Walter’s journey to getting educated, mentorship, and his transition from single-family to commercial real estate
• What attracted Walter to invest in mobile home parks
• Ways to stabilize and run a mobile home park 
• Operational challenges involved in running a mobile home park business
• Building and changing habits to better operate investment properties
• The current condition of the mobile home park and the real estate market in general
• Sending direct mailing campaigns for mobile home park investing and its effectiveness

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Walter Johnson

Mr. Johnson is a Finance Professional and Real Estate Investor/Syndicator with 16+ years of experience serving the Real Estate and Banking Industries. Over the years, he has served in various capacities from Real Estate Investor & Vice President to High Converting Banker & Sales Manager. 

He is adept at spearheading strong teams and creating robust business development plans. He is an avid seeker of knowledge who highly appreciates the notion of continuous improvement and aspires to become an industry leader. 

Driven by the desire to influence and impact other’s lives for the better, he is passionate about inspiring the generations of today and tomorrow to strive for long-term business success and prosperity.

Get in Touch with Walter

• Website: https://sonoscapital.com/ 
• Email: [email protected] 
• Phone: (480) 674-2035
• LinkedIn: Walter Johnson

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Please listen to this short episode to know what to expect on our podcast show and keep supporting us for more valuable conversations with amazing guests!

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Let’s welcome one of the biggest motivations behind this podcast, Joe Fairless, and he's back on the show for the 1000th episode! 

Don’t miss this remarkable conversation to acquire tons of value about passive investing, and seizing future opportunities in the market. Keep supporting the show to listen to more market experts and their unique strategies!

Key Points & Relevant Topics

• Joe’s takeaways from all his success in business and life
• The importance of being present for your family and people that matter in your life
• Two challenges of being a deal operator in syndication and a piece of advice for passive investors chasing opportunities 
• Things to look at when evaluating deals and operators
• What investors can expect in terms of housing supply and demand and occupancy rate
• The kind of deal Joe wants to avoid and invests in
• What makes a good operator
• How passive investors can take advantage of the upcoming opportunities in the market
• Joe’s advice for existing passive investors and identifying whether it’s worth it to reinvest in a deal or not

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Joe Fairless

Joe Fairless is the Co-founder of Ashcroft Capital which has over $2,800,000,000 of assets under management.  

In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads.  

 Joe is also a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication, as well as being recognized as Outstanding Alumni at Texas Tech University, where he is a former Adjunct Professor.  

He is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been recognized by the Junior Achievement’s Free Enterprise Society. Joe volunteers at Crossroads Hospice and was recognized as Multifamily Investor of the Year by Think Realty Magazine.  

He and his wife created Best Ever Causes which has proudly supported 76 different non-profits over the last 72 months.  

Get in Touch with Joe
Website: https://ashcroftcapital.com/ 

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Have you ever thought real estate can be the best asset to set your retirement goals and life vision? We’re excited to have Christopher Borden as we’re heading into achieving another milestone for this podcast show!

Chris tells us about his strong background in the corporate industry, his transition to real estate, particularly in note investing, and bringing his desires for his family into reality through this business!

Key Points & Relevant Topics

• Chris’ extensive background in the corporate world, his decision to move from Hawaii to Utah, and his transition to real estate investing
• The power of networking in seeing different opportunities
• Chris’ process for visualizing his family’s future and goals
• Note investing and its role in setting and achieving goals
• Effectively determining an asset’s return and risk profile 
• Hedging against the impact of the changing real estate environment and market volatility
• Ways to get educated and learn about real estate investing

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Christopher Borden

Chris Borden is a seasoned C-Suite executive with over 25 years of experience in operational, financial, marketing, and commercial real estate strategies. As a proud father, grandfather, and husband, Chris has built a strong foundation of family values, which he integrates into his business endeavors. Originally from Hawai'i, Chris held the position of President of the state's second-largest retail food chain and served as Vice President and CMO of its parent company. Under his leadership, the company experienced consistent growth, with most years achieving mid double-digit net profit growth. Chris and his team received numerous awards and honors, and in 2019, Forbes named him a top 10 employer in Hawai'i. 

In 2021, Chris and his wife made the decision to transition from their W2 careers and relocate from Hawai'i to Utah to be closer to their children and grandson. They founded and currently manage six businesses centered around real estate investing, with a focus on commercial properties. In addition, they are founding partners of two 501(c)(3) non-profit organizations aimed at providing education and economic growth opportunities in underserved countries. 

With a strong emphasis on adding value and identifying opportunities for greater returns, Chris has quickly established himself as a force in the commercial real estate investment sector. In a short period, he has personally transacted over $14 million in investment debt loans and expanded into large commercial investments as a General Partner of four separate properties totaling 507 units with a combined value over $100 million. 

Chris' passion for real estate investing and commitment to delivering exceptional results have earned him a reputation as a reliable and trustworthy partner in the industry. His dedication to staying informed of market trends and ability to adapt to changing conditions have contributed to his continued success in the commercial real estate investment landscape. 

Get in Touch with Christopher

• Website: https://risecapitalinvestments.co/ 
• LinkedIn: Christopher Borden

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Let’s end this week with Linda Lim’s motivating episode on this show!

Linda gives so much value today as she speaks about several topics such as teaching young people about the significance of exposure to real estate investing, early retirement, and earning passive income. 

She also shares her point of view on the true meaning of passive investing, the future of real estate, and succeeding amidst changing market cycles!

Key Points & Relevant Topics

• Linda’s diverse background and how she started building her real estate career and portfolio
• Linda’s perspectives on real estate investing, teaching real estate to the young generation, retirement, and the value of education education
• The importance of investing in real estate based on your goals and lifestyle
• Advantages of real estate in terms of opportunities and cash flow
• Linda’s sentiments on the future of real estate and her advice to thrive in the changing market as a passive investor
• The power of getting educated and being surrounded by like-minded people in real estate

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Linda Lim

Linda Lim is founder of Essential Element Capital and has a proven record of over 30 years in finance, banking, venture capital, and real estate. 

Linda earned her Master degree in finance and has raised capitals for multi facets of syndication deals, from Real Estate (Resorts/ Hotels, Multi Family), trucking/ logistics to Molten Salt Reactor (MSR) and Military Drones for the Indonesian government. 

Linda currently has $100MM assets under management and some of them are multifamily with a total of over 500 doors. 

With decades of experience in finance and real estate, Linda has an intuitive ability to problem-solve and negotiate, putting her investors' best interests above anything else. 

Linda also runs her investor club, called: “Linda Lim’s Charmed Circle” and co-run meet-up “The Passive Income Club” (TPIC) as co-founders. 

Linda is a philanthropist who is involved in a couple of organizations, such as UNICEF and other local charity groups. 

She is passionate about learning new things, a world traveler and foodie, who loves cooking, and reading. 

Get in Touch with Linda

• Website: https://essentialelementcapital.com/ 
• Facebook: Essential Element Capital
• LinkedIn: Linda Lim
• Instagram: @essentialelementcapital
• YouTube: Essential Element Capital
• TikTok: @eecinc

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Today, we’re bringing another fantastic guest on the show, Kevin Bupp!

Kevin joins us for his motivating story of discovering real estate investing in his teenage days, how he continued to thrive despite market shifts and cycles, and his focus on investing in mobile home parks and parking lots. Learn the possibilities of cash flow in mobile home communities, the growing popularity of parking lot investments, and more from Kevin’s decades of expertise in real estate!

Key Points & Relevant Topics

• Kevin’s journey to real estate investing and his current focus
• What made Kevin decide to invest in real estate at 18 years old and how he acquired his first property
• Why mobile home park is a great investment
• Building relationships with sellers and brokers in the mobile home park space
• Ideal markets and states for mobile home investments
• Cost-efficient and profitable ways to manage and operate mobile home parks
• Opportunities and advantages of investing in parking lots and spaces
• Kevin’s mistakes and lessons learned throughout his investing career
• An introduction to Kevin’s book “The Cash Flow Investor” 

Resources & Links

• Grab your copy of Kevin’s book “The Cash Flow Investor” at https://kevinbupp.com/the-cash-flow-investor/ 
• Warren Buffett
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Kevin Bupp

Kevin Bupp is a Florida-based Real Estate Investor, top Apple podcast host, and best-selling author of “The Cashflow Investor” with over $300 million in real estate transactions under his belt. Based on his decades of experience, Kevin has identified Mobile Home Parks and Parking Lots as the top real estate investments in the current market.  

On his podcast, "Real Estate Investing for Cash Flow," he shares his 20+ years of experience, guiding millions of listeners on how to find and invest profitably in commercial real estate.  

Under the umbrella of his private equity firm, Sunrise Capital Investors, Kevin makes investments in commercial real assets available to passive investors in order to help them build legacy wealth and achieve financial freedom.  

Beyond real estate investing, Kevin gives back to the community with the "72 Hours to Key West 280 Mile Bike Ride," a charity event that has provided meals to tens of thousands of families in need during the holidays.  

Get in Touch with Kevin

• Website: http://sunrisecapitalinvestors.com / http://kevinbupp.com
• LinkedIn: Kevin Bupp
• Facebook: Kevin Bupp
• Instagram: @buppkevin
• YouTube: Cash Flow Investor

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Why thorough due diligence and property inspection is crucial to a successful turnkey rental business? Listen to Steve Yoak as he speaks about his humble beginning from house hacking to guiding aspiring investors to start building monthly cash flow!

Steve talks about his focus on the Ohio market, the importance of having criteria when purchasing a property investment, and the mistakes every investor must avoid in turnkey investing.

Key Points & Relevant Topics

• How Steve started house hacking his first property and investing in turnkey rentals
• The importance of doing inspections and due diligence when buying a property
• The Ohio market for turnkey rentals and investing
• Things out-of-state investors should know about the Ohio market
• Mistakes to avoid when buying turnkey or single-family properties
• Steve’s transition from being a teacher to a full-time investor
• How to identify a good deal for turnkey rentals

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Steve Yoak

Steve Yoak is the owner of Akron Turnkey, which specializes in turnkey properties in Ohio.  He is on a mission to help individuals succeed in real estate investing. With a deep-rooted passion for the industry, he dedicated his career to empowering others to achieve their financial goals through strategic investments. 

His journey in real estate started as a savvy investor, specializing in multi-family properties and pioneering innovative house-hacking strategies. Alongside his thriving real estate ventures, he has a background as a dedicated teacher and coach, where he positively impacted the lives of thousands of middle school students. 

He scaled various businesses over the years, and one of his proudest achievements was launching a construction contracting business with just $5,000.00. In three short years, it evolved into a multi-million-dollar enterprise. 

Flipping over 100 homes, he honed his skills in strategic investments and the art of property transformations. Despite his diverse business ventures, he remains committed to sharing his knowledge and coaching others to excel in the dynamic real estate arena. 

He stands as a testament to the harmonious blend of entrepreneurial success and a passion for education. He believes in making a lasting impact both in business and in the lives of those he mentors. 

Get in Touch with Steve

• Website: https://akronturnkey.com/ 
• Email: [email protected] 

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Are you looking for more strategies to scale your rental portfolio faster? We’ve got Jessie Lang on the show today to share her journey to retiring early through real estate investing and wholesaling!

Jessie will walk us through her house hacking experience, wholesaling rental properties, her strategies for funding, buying, and managing properties, the construction and renovation side of her rental business, and more.

Key Points & Relevant Topics

• How Jessie unexpectedly started house hacking real estate investing
• Financing properties for house hacking
• The importance of treating your property as a business when doing house hacking or rent-by-the-room strategy
• Jessie’s goals for getting into real estate and the actions she had to take to start building her portfolio
• Strategies for wholesaling properties and increasing their market value
• Managing multiple construction projects and renovations simultaneously
• How long does it take to build systems and processes for a property management business
• The impact of changing interest rates on cash flow
• The value of joining meetups, networking, and paying for education

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Jessie Lang

Jessie started investing in real estate by "house-hacking" over 10 years ago, and has since grown a substantial rental portfolio that she manages with the help of a small, remote team. 

In the last 36 months, she's grown from 11 doors (bought the wrong way with 20% down), to 70 doors and counting. ​She’s laser-focused on the BRRRR method, which allows her to put her money to work over and over to create generational wealth. She partners with private lenders to buy real estate with none of her own money, all while providing them double-digit returns on their investment! 

​When she isn’t managing rentals or coaching, she is traveling with her wife Laura, spoiling her 5 (yes 5!) pets, and getting her hands dirty in DIY house projects and gardening. 

Get in Touch with Jessie

• Website: https://unlockedrentals.com/ 
• Facebook Group: Unlocked | Learn How To Buy and Manage Rental Properties

To Connect With Us

Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!