Invest For The Win

Our guest for today's episode is Leslie Rouda Smith — the 2022 President of the National Association of REALTORS®, the largest trade organization with 1.6 million members. She is also a broker associate who specializes in residential ranch and country real estate.

02:35 – Guest Intro: Leslie Rouda Smith

03:42 – How Leslie Got Started in Real Estate

05:45 – Goal of NAR

11:05 – How Leslie Positioned Herself as An Expert and the President of NAR

15:40 – How Leslie Sees the Success of Investors and Realtors in the Changing Market

20:13 – Learnings as President of NAR

22:23 – Priorities for the Year, Ranch Land in Texas

30:25 – Predictions

44:30 – Trends

53:18 – What Inspires Leslie to Do What She Does

CONNECTING WITH THE GUEST

Website: https://www.nar.realtor/

LinkedIn: https://www.linkedin.com/in/leslie-rouda-smith-b429591/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#advocacy

#realestatetrends

Our guest for today's episode is Benjamin Kogut — a partner that raises capital for real estate deals. His 16 years of experience as a Commercial Real Estate Broker, Investor, Developer, Syndicator, Advisor, and his diverse portfolio of assets have given him an advantage towards his specialties: Capital Raising, Acquisitions, Dispositions, Operations, Tenant Relations, Lease Negotiations, Financial Analysis, Re-Finance Banking Process, Construction Management, Credit Analysis, Systems Implementation.

00:58 – Guest Intro: Benjamin Kogut

03:53 – How Benjamin Got Started in the Business

08:40 – How Benjamin Has Positioned His Company as Experts

11:44 – Outside the Multifamily Aspect

15:48 – Considerable Macro Assets

18:15 – Investing in Office Properties

20:30 – Typical Exit Plan

22:35 – 1031 Exchanges

25:40 – Current Market Cycle

29:15 – Technological Changes

33:17 – E-book Takeaways

CONNECTING WITH THE GUEST

Website: https://hjhinvestments.com/

LinkedIn: https://www.linkedin.com/in/benkogut/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#reinvesting

#assets

Our guest for today's episode is Ivan Barratt — a multifamily owner, manager, and syndicator who specializes in large apartment communities in the Midwest. Since 2015, Ivan Barratt has raised over $100 million in equity, acquired over 5,900 units, and grown the BAM Companies to a best-in-class, four-time Inc5000, private equity, and management firm. Today, Ivan focuses his time on equity finance, acquisitions, and company strategy. Currently, his company manages nearly $700 million in syndicated assets.

02:01 – Guest Intro: Ivan Barratt

03:00 – How Ivan Got Started in the Industry

10:06 – How Ivan Has Positioned Himself as an Expert in His Field

16:53 – How Ivan Went About GFC

21:36 – Ivan’s Biggest Mistakes

27:13 – Utilizing Traction Book

33:08 – In-House Management

40:13 – Predictions

45:42 – What Inspires Ivan

CONNECTING WITH THE GUEST

Website: https://thebamcompanies.com/

LinkedIn: https://www.linkedin.com/in/ivanbarratt/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#management

#leadership

Our guest for today's episode is Jeremy Goodrich, a school teacher turned businessman and entrepreneur who happens to be a great storyteller, making him an educator by heart. He is a co-owner of Shine Insurance and one of his roles is tackling how to build a mental model in evaluating risks on new opportunities.

HIGHLIGHTS OF THE EPISODE

03:08 – Guest Intro: Jeremy Goodrich

04:18 – What Made Jeremy Jump into Insurance Business

06:36 – Top Tips in Making Your Business Work with Your Partner

09:39 – How Jeremy Has Positioned Himself as an Expert in His Field

14:06 – Evaluating the Next 6 Months as a Business Owner

18:58 – Strategy on Communication

22:49 – Advantages and Disadvantages of Remote Setting

28:57 – Biggest Mistakes Seen in Investors

33:08 – Shifts in the Insurance Industry

36:24 – Strata Program

38:20 – Where the Money Comes for Big Claims

42:00 – Steps in Evaluating Potential Risks

48:08 – The 3 E’s

52:23 – Predictions

54:54 – Why Jeremy Does What He Does

CONNECTING WITH THE GUEST

Website: https://www.shineinsurance.com/

LinkedIn: https://www.linkedin.com/in/reiinsuranceguy/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#commercialrealestate

#riskmanagement

Our guests for today's episode are Mark Shuler and Josh Welch. Mark is a licensed Architect in the states of Washington and Texas with more than 35 years of professional experience as an Architect, Engineer, Business Owner, and Real Estate Investor. Josh on the other hand is the CEO and Founder of Three Pillars Capital Group (TPCG), a Houston based real estate private equity firm, & Greenline Apartment Management. TPCG purchases and renovates value-add multifamily investment properties targeting a workforce demographic.

HIGHLIGHTS OF THE EPISODE

00:36 - 02:55 – Episode Overview and Guests Intro: Mark Shuler & Josh Welch

03:10 – Mark’s Story

06:10 – Josh’s Story

10:55 – Disadvantages of Third Parties

12:07 – How Do You See Commercial Real Estate Investors?

15:55 – Margin of Safety & Velocity of Money

16:47 – The Importance of Being Adaptive in the Interest Rate Environment

21:07 – Irrational Marketplace

24:10 – Conservative Underwriting

26:43 – FED Mandate

28:29 – What to Do to Stay Relevant

31:58 – Value Add Plan

37:13 – Rising Tides Raises All Ships Phenomena

38:46 – Predictions

43:37 – Sky Ball House Pricing

CONNECTING WITH THE GUEST

Mark Shuler:

Website: https://sgreinvestments.com/

LinkedIn: https://www.linkedin.com/in/shulerarchitecture/

Josh Welch:

Website: https://threepillarscapitalgroup.com/

LinkedIn: https://www.linkedin.com/in/welchjoshd/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#commercial

#realestate

The world is currently in the midst of an economic roller coaster ride! Find out if there is a light at the end of this tunnel through our session today.

In today’s episode, we talk to Matthew Klein. Matthew C. Klein is the founder and publisher of The Overshoot, a premium subscription research service focused on the global economy, financial markets, and public policy.

Some of the economy’s main concerns are inequality, world reserve currency, quantitative tightening, inflation, interest rates and many more, hence why we are eager to know Matthew’s different perspective on the economy and what factors are going to affect it in the near future.

Tune in as his insights and expertise will help us get a clearer perspective on some of the issues concerning the current economy.

HIGHLIGHTS OF THE EPISODE

00:00 - Topic to Be Addressed

01:56 - Guest Introduction

03:17 - How the Guest Found Himself in His Line of Work

06:02 - Driving Force for Writing His Book

07:39 - Few Key Takeaways That Readers Can Gain from the Guest’s Book

08:58 - Economic Inequalities

11:37 - Guest’s Sentiments About Ray Dalio’s Book

13:13 - Importance of World Reserve Currency

18:58 - Inflation

27:06 - Guest’s Method for Understanding the Economy

32:05 - What is a Recession?

36:55 - Quantitative Tightening

44:30 - Raising Productivity

48:30 - Outlooks 6 Months from Now

51:43 - Matthew’s Inspiration

CONNECTING WITH THE GUEST

Website: https://theovershoot.co/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#economicchanges

#worldcrisis

#economiccrisis

To a homeless individual, all they need is hope. Organizations like reStart can provide them with the help they need to be able to find their footing again. Stephanie is the CEO at reStart, Inc. a non-profit agency that serves youth, families, single adults, and veterans in Kansas City who are experiencing homelessness. reStart provides a continuum of housing services and wrap around support services to assist in exiting homelessness and obtaining permanent housing through their 'Housing First' approach. reStart addresses barriers to housing by providing a number of core services, from case management to street outreach and employment services. The new goal of reStart is to help people move into their own homes for good. But for Stephanie, whose inspiration lies in believing that everyone should have equal opportunities, this has been a lifelong mission. Tune in for the latest episode, and how reStart’s latest mission goes deeper in addressing the crisis and gets us one home closer to ending homelessness.

HIGHLIGHTS OF THE EPISODE

04:38 - What is reStart?

06:28 - The state of homelessness in Kansas City

09:58 - Successful initiatives on homelessness

13:24 - Biggest misconceptions on homelessness

17:12 - What is Restart’s ‘housing first’ approach

21:27 - Different programs offered by Restart

26:50 - 5 key points of ‘housing first’ approach

30:55 - Favorite success stories from Restart

34:52 - How is Restart being funded?

37:31 - What can $100 donation help provide?

40:05 - What is Upstart?

42:52 - Stephanie’s spark

CONNECTING WITH GUEST

Volunteer/Donate: https://www.restartinc.org/volunteerdonate.html

Website: www.restartinc.org

LinkedIn: https://www.linkedin.com/company/restartkcmo/

Stephanie’s Linkedin: https://www.linkedin.com/in/stephanie-boyer-516512174/ 

Youtube: https://www.youtube.com/channel/UC0HG-PS-R4HwRTn9CTrncJA

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#homelessness

#affordablehousing

#restart

What does it take to revitalize a city? For Gib Kerr, a Managing Principal for Kushman in Wakefield, Kansas City, It's pretty simple. As a child, Gib grew up in an entrepreneurial environment. He was already working alongside his father as early as grade school and this shaped him into becoming an accomplished businessman himself.

In this episode, Gib shares his thoughts on Kansas City becoming one of the great cities in America once again. With development occurring throughout the city, he'll talk about preserving old architectural landmarks with historic significance. Join us for a fascinating discussion!

HIGHLIGHTS OF THE EPISODE

04:22 - Gib's Story

06:32 - Experience working with dad

08:32 - Positioned as a leader

11:23 - What's happening in Kansas

14:05 - Restrictions on new development

18:49 - Job growth and population growth in Kansas

22:20 - West downtown development

25:44 - Outlook on office, retail and industrial assets

31:32 - Thoughts on Plaza

33:58 - Predictions in the market

38:20 - States of rebellion book

41:46 - Top takeaway from the book

44:44 - What inspires Gib

CONNECTING WITH THE GUEST

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

Real estate economists and the analytics in multifamily real estate are becoming essential to blend together. Why is this happening? And what does it mean for investors, owners, occupiers & operators?

The global real estate market is more connected than ever before. In a time of increasing competition and technology, being digitally proficient has become crucial in effectively managing a property.

One of the most common questions we hear from multifamily executives is what kind of data analytics do I need to run my business? This week's guest is uniquely positioned to answer that question. Jay Parsons is a real estate ‘software-as-a-service’ executive with more than a decade of experience. He’s worked across market research, intelligent risk management, rental housing policy issues, risk and property management, all the things that we as investors encounter on a regular basis.

HIGHLIGHTS OF THE EPISODE

03:51 - Jay’s story started in 2009

06:16 - Jay ‘the Myth-Buster’ on LinkedIn

10:36 - Real-time data from Real Page

12:56 - Asking Rents as a Metric

15:29 - What are better data metrics?

18:47 - Long-term tailwinds

22:40 - Tertiary market changes with COVID

26:03 - How rents move in high inflation

28:23 - Demand Markers for rentals; size and wag

33:34 - Rental affordability issues

35:52 - ‘True’ affordable, mid income, or public housing

41:42 - Top 3 Market Predictions

45:46 - What inspires Jay Parsons

CONNECTING WITH THE GUEST

Website: https://www.realpage.com/

Analytics: https://www.realpage.com/analytics/

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#forthewin

#rentals

#analytics

We’re back and for this bonus episode we're bringing you the Four Pillars of Asset Classes. How do they vary from performance to involvement, and how they all interconnect, if at all? It's important to understand how each can be used to help you succeed in reaching your financial goals. We’ll go over everything you need to keep in mind when choosing your investment strategy, from the property types and yield on coast to risk and reward.

HIGHLIGHTS OF THE EPISODE

02:30 – Is Value Add in Multifamily still valuable?

07:20 – The Four Pillars of Asset Classes

10:08 – Core Asset Class (Class A properties)

12:10 – Core Plus Asset Class (Class B properties)

16:51 – Value Add Asset Class

19:34 – What is ‘yield on cost’?

22:52 – Opportunistic Asset Class

27:50 – Pros and Cons of Risk/Reward

30:57 – How can you achieve 9-12% if you can’t find a cap rate over 7%?

32:25 – How do you see inflation impacting OpEx and value add costs?

35:50 – Is Value Add currently the better option?

38:03 – Is there a significant difference in returns between ground-up class B vs class A?

40:50 – How do you measure risk in zoning?

41:59 – What have you seen in the retail space rebounding coming out of COVID

CONNECT WITH US

Youtube: https://www.youtube.com/channel/UCTpJoMpgE3DDGSgw-13nTIw

LinkedIn: https://linkedin.com/company/ftw-investments

Instagram: https://www.instagram.com/ftwinvestments/

Facebook: https://www.facebook.com/ftwinvestments/

#assetclass

#valueadd

#yieldoncost