In this episode, Steven Wasylkiw  talked about many resources he used and how people can use them to push their deals across the finish line.

He further shares the challenges he faced in building his business, how he evolved and became successful, and gives tips and tricks on getting those deals over the line.

Episode Topics

• [01:34] Meet today's guest, Steven Wasylkiw.
• [03:16] The Different types of investments that you're currently in. short, medium, and long-term rental.
• [04:48] Multifamily investment is the best alternative to stock investing.
• [07:00] Steven's challenges in establishing his business in California, and how he overcame them to become successful?
• [09:25] Significant appreciation in San Diego boosted Steven’s net worth.
• [10:24] How he made multiple seven figures a month just on appreciation 
• [12:44] How he was able to leverage his corporate experience into what he is doing now.
• [16:32] Tips, tricks on how to get those deals over the line?
• [26:42] Why short-term rentals are great for providing cash flow.
• [28:05] Red flag every investor should look out for.
• [30:43] Myth about this business that you would like to set straight according to Steven.
• [32:00] What success look like for Steven.

Notable Quotes

• "Don't sleep on the short term rentals, short term rentals can cash flow a ton"- [Steven Wasylkiw]
• "Appreciation comes from demand. With that limited supply that you have in that constricted geographic area, you are going to have a higher demand, and that's inevitably going to drive appreciation. " - [Tim Little]
• "Success is not being reliant on a company or a person for your financial wellbeing. Being able to spend time with your friends, family, do whatever makes you feel happy, pursue your passions and purpose pretty much."  [ Steven Wasylkiw]
• "They're kind of leveraging their west or east coast salary, putting it into the Midwest for the cash flow, but then banking on the appreciation on the coast” [Steven Wasylkiw]

Resources
Dun & Bradstreet

Connect with Steven Wasylkiw

• Website: https://magnavitainvestments.com/
• LinkedIn:  Steven Wasylkiw
• Social Media: @realizingyourpotential

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

In this episode, Natalie Kolodij  gives a concise masterclass on real estate tax strategy. She reveals tips and tricks on creating a substantial paper loss, specifically with cost segregation and bonus depreciation. 

She even throws in some fun ones you don’t hear as much about, like putting your kids to work while helping them build wealth!

Episode Topics

• [01:11] Meet today's guest, Natalie Kolodij. 
• [02:03] Why do you need to look for Real estate tax specialist rather than a generalist. 
• [04:59]  Biggest advice to those who are starting real estate investing.
• [09:25] The 1031 exchange option.
• [24:58] How to meet IRS requirements? 
• [26:07] How does cost segregation apply in real estate investment?
• [27:28] What is a code bonus depreciation?
• [32:10] Hiring kids for real estate tax benefits?
• [37:35] The myth about this business that Natalie would like to set straight.
• [38:12] What success look like for Natalie

Notable Quotes

• "Build a system that works for you and that you can grow with. That's another big thing before you try to go eight levels deep on an advanced strategy foundation." [Natalie Kolodij]
• "If they seek to build their wealth through investment in real estate, then they find a tax professional who understands it because otherwise, they're going to be stunting their wealth building." - [Tim Little]
• "Living in one unit and renting out the other is an awesome strategy, and I see this from many new investors. It's a great way to get into real estate tax-wise."  [Natalie Kolodij]
• "I keep telling people that, like any bookkeeping or accounting system, it's like a diet; people will argue all day long about what's best, but ultimately, it's just whatever you keep doing." [Natalie Kolodij]

Resources

Real Estate Time Log Download 

Connect with Natalie Kolodij

• Website: kolotax.com
• LinkedIn: Natalie Kolodij
• Social Media: @RE_Tax_Strategist

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Our guest on this episode, Gene Trowbridge is a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. Gene has represented over 625 clients in this area of practice.

As a former syndicator, who for ten years raised investor capital through the broker dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state and federal securities laws.

In this episode, Gene discusses how he started in syndication as a broker, recognized the riches on the other side of the table and started syndicating himself, before transitioning to syndication law, where he is one of the most respected names in the business. Gene shares valuable insights on how to legally advertise deals on social media, crowdfunding through Reg CFs, and Reg A plus offerings. 

Episode Topics

• [01:52] Meet today's guest, Gene Trowbridge
• [04:26] Went to a law school to start a career as a syndication attorney. 
• [10:08]  How Gene builds a database, determines specialty and attracts high income investors
• [21:41] What is crowdfunding and how does it work?
• [27:42] Reg A Plus Deals.
• [40:33] The biggest mistakes people make advertising syndications.
• [50:03] What is one red flag every investor should look out for? 
• [50:59] A myth about this business Gene would like to set straight.
• [51:27] Success to Gene is successful mentoring, mentoring people and seeing them through their first deal.
• [52:16] Connect with Gene Trowbridge

Notable Quotes

"A great place to start as an investor is to invest in multifamily” -[Gene Trowbridge]

"In the syndication business, so much of this is about relationships” - [Tim Little]

"My success is mentoring people and seeing them through their first deal.”  -[ Gene Trowbridge]

"If the offering was exactly what I said it would be, as I was building those relationships, it was an easy sell.”  -[Gene Trowbridge]

"As you progress in your professionalization, you should have that CRM, whether it's an active campaign or an excel spreadsheet that tracks these folks' first contact with them."  - [Tim Little]

Connect with GeneTrowbridge

• Website: https://trowbridgelawgroup.com/
• Office no. (951) 570-1507
• LinkedIn: GeneTrowbridge

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today's guest LEE JOHNSON is the Co-Founder and Vice President of Value Investment Partners (VIP), and is responsible for implementing strategic methods to grow VIP and help partners grow their wealth using various alternative investment strategies. 

He has been investing in real estate since 2005 through multifamily, private lending and rehabbing residentials properties. His focus now is passive investing through real estate syndications and active multifamily investing.

His current portfolio spans multiple markets around the country with over 2800 units valued at about $334 million. 

In this episode, Lee discusses how videos and books ignited his passion to pursue real estate. He also shared how education and lessons learned from crashes made him realize that real estate syndication is still the best route to financial freedom.

Episode Topics

• [00:38] Meet today's guest, LEE JOHNSON
• [03:00] How he crashed in 2006 and treated family investing like a business.
• [17:25] Why the government will always be your partner according to Lee.
• [30:29] Lee’s strategy in finding opportunities - investing multifamily.
• [41:23] Why Lee put together a system on how money is always growing.
• [43:37] How investors leverage their stranded 401ks.
• [51:57] Your money needs to be working for you 24 hours a day.
• [53:52] What is one red flag every investor should look out for? 
• [54:46] A myth about this business Lee would like to set straight.
• [55:40] What success means to Lee

Notable Quotes

• "That's one of the things that when I talk about investing with family, make sure that you've treated it like a business and you have the proper structures in place” [Lee Johnson]
• “It's a flywheel. Once it starts going, it's gonna keep its momentum all on its own.-multi family investment syndication”  [Lee Johnson]
• “Your money needs to be working for you 24 hours a day. You work too hard for your money to let it be lazy, so find it if you've left it sitting idle and put it to work.”  [Tim Little]

Resources

• Book: Tax Free Wealth by Tom Wheelwright
• Book: It's A Whole New Business by Gene Trowbridge

Connect with LEE JOHNSON

• Website:

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today's guest Ahmed Seirafi is Principal of Andalusia Development Company where he oversees all aspects of their Acquisition, Disposition, and Development processes. He has led all facets of the business, spanning more than $100,000,000 in commercial assets, primarily in Multifamily and Commercial. 

In its first few years of existence, Ahmed has been instrumental in growing Andalusia’s development pipeline by 300% to over $400 million dollars.

In this episode, Ahmed discusses how his mindset as a successful broker prevented him from seeing the opportunity of real estate investing. He also goes into detail on how development deals differ from multifamily value-add from the passive investor’s perspective.   

Episode Topics

• [01:44] Meet today's guest, Ahmed Seirafi.
• [02:30] From working with a broker to brokering on his own to a much bigger company
• [03:42] How Ahmed saw success as a broker, missed opportunities
• [06:07] Ahmed’s experience working with larger civic projects
• [11:11] Distributions to investors, what does it look like?
• [19:22] Communicating to multifamily investors the risk operators take on for a deal
• [25: 12] The key factors for successful growth
• [29:55] What is one red flag every investor should look out for? 
• [30:47] A myth about this business Ahmed would like to set straight
• [31:58] Success to Ahmed is doing what he wants, where he wants, whenever he wants
• [32:59] Connect with Ahmed

Notable Quotes

• "I'm sure there's a statistic behind it, because commercial brokers are really the ones that are teeing up a lot of these deals for the investors and the developer” [Ahmed Seirafi]
• “And I think that's true when we talk about opportunities in general. If we're not in a place to recognize or to take on those opportunities, we don't even realize that they were opportunities until they've already passed us.” - [Tim Little]
• “You can not fall in love with a project, fall in love with a development… You must always develop, build, and invest where the market demands” [Ahmed Seirafi]
• "I think we need to do a better job of communicating the risk that we (syndicators) are incurring up front, both financially and the work that goes into it, from a time perspective.”[Tim Little]
• “Having a good eye for opportunity is a result of just the amount of exposure that you've had over this career from your time as a broker.”  [Tim Little]
• "Success to me is doing what I want, where I want, how I want whenever I want. And that could be vacations and charity and family." [Ahmed Seirafi]

Resources
Connect with Ahmed Seirafi

• Website: www.buildbetter.dev
• Connect with Ahmed on his Instagram @ahmedbuildsbetter
•  Email: [email protected]
• LinkedIn: @ahmedseirafi

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today’s guest is Axel Ragnarsson, an active real estate investor based in Boston, Massachusetts who founded the real estate investment firm Aligned Real Estate Partners following the purchase of his first multifamily property during his sophomore year in college. His company is involved with over 450 units of multifamily real estate and has been a principal party in over 62 million dollars worth of real estate transactions. 

In this episode, Axel shares his lifelong affinity for entrepreneurship as a path into real estate investment. He describes the role of aligning incentives as the inspiration behind his company, and importance of having experience in the team before delving into any deal. Axel also notes the benefits of task delegation as part of a business model aimed at growing a real estate portfolio fast.   

Episode Topics

• [00:47] Meet our guest, Axel Ragnarsson
• [01:36] From childhood entrepreneurship to full-time real estate investment 
• [07:56] Lessons from a deal gone wrong; partnering and hiring the right people
• [11:34] Exploring non-recourse loans; the lower risk in multifamily real estate
• [14:28] Axel's first multifamily syndication; walk before you run
• [22:30] The inspiration for Axel's company name, Aligned Real Estate Partners
• [26:26] The role of delegating to grow a real estate portfolio rapidly
• [36:21] A red flag for Axel has for all investors  
•  [38:20] A myth he would like to bust
•  [40:28] What success means to Axel

Notable Quotes

-        "If you're an active investor out there who's looking to syndicate a deal, you better have the track record of doing your own deals" - [Axel Ragnarsson]

-        "Your experience, your track record… isn't going to be what drives the results into the future; you really have to get out there and build those investor leads" - [Axel Ragnarsson]

-        "Different investors have different goals" - [Tim Little]

-        "I really want to work with folks that are incentivized to drive the mission forward" - [Axel Ragnarsson]

-        "The most important thing that an investor can do if they want to grow more quickly is buy deals below market value" - [Axel Ragnarsson]

-        "I think everybody has opportunities to buy their time back" - [Axel Ragnarsson]

-        "Don't invest with someone who has not done what they're about to do" - [Axel Ragnarsson]

-        "The work is not done when you close, by any means" - [Axel Ragnarsson]

Resources

Connect with Axel Ragnarsson 

• Website: www.alignedrep.com [43:08]
• Axel’s Podcast: The multifamily wealth po

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Our guest on this episode of the Journey to Multifamily Millions is Justin Smith. He isthe Director of Construction of student housing for a global construction and development firm. He is also the Founder of Relequity Enterprises, a private equity and real estate firm that acquires multifamily properties in the Southeast and midwest markets. He is currently a General Partner on over 600 units. 

Justin sheds light on his practical experienced-based educational journey into multifamily investing, describing his lifelong aspiration to build city blocks and how he leverages this construction knowledge in real estate deals.   

Episode Topics

●        [01:52] How Justin got into real estate from a childhood aspiration to build city blocks.

●        [03:24] Shifting from a construction point of view to finance in real estate; learning through action.

●        [07:56] How Justin's experiences equipped him to handle the considerations of passive investors. 

●        [12:41] The role of Justin's construction background and relationships in multifamily real estate. 

●        [18:10] The importance of understanding the goal or business plan for a property. 

●        [27:08] A red flag for investors

●        [29:09] A myth in this business Justin would like to set straight

●        [31:51] Justin defines success as the achievement of his plan and vision over a period of time. 

●        [33:41] What success looks like to him

●        [35:20] Connect with Justin.

Notable Quotes

-        "You have to really understand the tangibles, the intangibles, the unspeakable, and then forecast and plan for the eventualities; both positive and negative" - [Justin Smith]

-        "These are not just apartment buildings, from our perspective, they are businesses" - [Tim Little]

-        "Understanding your strengths will make you a much more successful businessperson" - [Justin Smith]

-        "Despite what is going on, despite interest rates…it is still a good time to buy assets" - [Justin Smith]

-        "You have to know your exit strategy and set appropriate goals" - [Justin Smith]

-        "People who have made a lot of money in investing; they're always investing" - [Tim Little]

Connect with Justin Smith 

• Website: www.relequity.com 
• Email: [email protected] 
• LinkedIn: Relequity
• Instagram: Relequity

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Episode Summary

This podcast is aimed at equipping listeners with substantial knowledge in multifamily real estate investing and sharing inspiring experiences from experts well-versed in the different stages of wealth creation through real estate. Your host isthe Founder and CEO of ZANA Investments, Tim Little. 

Today's guest, Pete VanderVeen, is the Director of Operations for Legacy Acquisitions, a firm that provides off-market cash-flowing opportunities by partnering with the very best operators in emerging markets nationwide. He has launched more than 10 companies and managed the optimization of a Fortune 5 company with over 12 billion in operations. 

In this episode, Pete discusses the importance of adequate education before any form of investment in the real estate space, and he shares how he has promoted this in his work, noting the crucial role it plays in his effort to bridge the gaps and inefficiencies within multifamily real estate.   

Episode Topics

• [00:47] Meet today's guest, Pete VanderVeen.
• [01:30] Diving into real estate education for business while empowering others
• [03:48] Were you exposed to entrepreneurship growing up?
• [05:55] How successful was flipping houses for you?
• [08:23] About Pete's work educating people by leading programs
• [10:22] How Pete leveraged his background skills in the multifamily space
• [13:53] Identifying and addressing inefficiencies in real estate
• [17:59] Do successful organizations have more clearly defined roles or overlap of roles?
• [23:10] A red flag for investors
• [23:53] A myth in this business Pete would like to set straight
• [25:53] What does success look like to him  
• [27:35] Connect with Pete

Notable Quotes

-        "When you are in the flipping business, you need to be able to enter and exit quickly so you're not exposed to the market swings" - [Pete VanderVeen]

-        "Relationships are, if not everything, they're one of the biggest things in this business" - [Tim Little]

-        "The person that's typically the capital raiser is not the guy that can manage operations effectively" - [Pete VanderVeen]

-        “I would rather have more people and do a better job, and be better positioned to scale, than to have less people and have a bigger share of the pie" - [Pete VanderVeen]

-        "I'm a big believer that success needs to be holistic" - [Pete VanderVeen]

Resources

Connect with Pete VanderVeen 

• Website: www.legacyacquisitions.com 
• On LinkedIn: https://www.linkedin.com/in/pet

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

My guest on this episode is John Pearl, a Commercial real estate investor and co-founder of Freedom Investor, with experience both as a passive investor and general partner on deals. 

He is a prior service Army infantry officer and now works as a nuclear security specialist at a plant set to shut down in 2025. Hence, his mission is to replace his W-2 income with real estate investment before the plant shuts down. 

In this episode, John highlights his direct jump into the multifamily space which came alongside the idea to start a fund that connects investors with trusted teams, taking out the hassle involved in fundraising for commercial real estate investments.   

Episode Topics

• [01:35] From debt to multifamily real estate.
• [13:38] About John's first syndication deal.
• [16:14] How John's military experience developed his capacity for entrepreneurship.
• [21:38] What failures have you had to deal with in your journey?
• [30:24] What is a Fund?
• [37:10] A red flag for investors
• [39:36] A myth in this business John would like to set straight
• [41:12] What success means to him

Notable Quotes

-        "As long as you can pay your loans, there's value in still saving and still investing because those things can help you get out of that debt faster" - [Tim Little]

-        "You do have more money available to you than you probably think you do" - [Tim Little]

-        "I think that we tend to learn more from failure than we do success" - [Tim Little]

-        "Ultimately, it's better to not go forward with a bad deal than to get caught up in it" - [John Pearl]

-        "The GPs need to have some kind of incentive in order to make the deal perform properly, otherwise they're not going to care when the deal goes sideways" - [John Pearl]

-        "With a fund, we can connect passive investors with the vast network of strong GPs…strong teams that are putting together great deals that we just simply don't have access to any other way" - [John Pearl]

-        "You should not be investing with somebody if you haven't sat down with them and gotten to know them a little bit" - [John Pearl]

-        "You've got to be in this for the long run and you've got to believe in it" - [John Pearl]

 Resources

Get John's free guide for passive investing[43:28]

Connect with John Pearl 

• John's Podcast: Freedom Investor Radio [43:49]
• Website:www.freedominvestor.io    
• LinkedIn: https://www.linkedin.com/in/johntpearl/

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

On this episode, we have Clive Davis, the Founding Principal of Park Royal Capital, LLC, a firm that offers business owners seeking diversification beyond the stock market the opportunity to privately co-invest in commercial multifamily investment properties with solid returns and tax benefits. 

Clive has been investing in real estate since 1999 and is currently invested in over 2000 multifamily doors and 317 hotel keys. Also a general partner with over 70 million worth of assets under management, he has fully pivoted into commercial real estate, focusing on the acquisition and operation of large-scale multifamily communities.

In this episode, Clive describes his shift from a 20+ corporate career to diving into real estate investing full-time. He highlights critical points in planning such a pivot, with emphasis on the importance of entrepreneurship in the long run.   

Episode Topics

• [02:00] From a real estate side business to full-time multifamily investing
• [09:22] What inspired you to start with a duplex, unlike the typical single-unit startups?  
• [13:00] The importance of pursuing entrepreneurship. 
• [16:46] What surprises did you encounter moving into full-time real estate investment?
• [23:50] Scaling up to larger real estate deals
• [33:36] A red flag every investor should watch out for
• [34:21] A myth about this business Clive would like to set straight
• [35:35] What success means to him 

Notable Quotes

-        "The bigger you can go in terms of scale, the more you’re minimizing that risk” - [Clive Davis]
-        "A lot of folks think that having that stable w2 job is less risky, in some respects, it's actually not" - [Tim Little]
-        “There is no age limit on pursuing entrepreneurialism” - [Tim Little]
-        “All of those things that are within your control while you are gainfully employed with that w2, try and take care of them before you step into that entrepreneurial journey in full” - [Clive Davis]
-        "60-70% of self-directed IRA funds are deployed in commercial real estate" - [Clive Davis]
-        "Going from zero to one is the hardest deal that any of us will ever do" - [Clive Davis]
-        "A lot of people are not even aware that the self-directed IRA piece is an option" - [Tim Little]
-        "One thing wall street does tell you is to be diversified and I would say part of that diversification is diversifying away from having all of your investments in the stock market" - [Clive Davis]

Connect with Clive Davis 

• LinkedIn: Clive Davis, Esq. [36:56] 
• Instagram: @clivedavisesq [36:58] 
• Website: www.parkroyalcapital.com [37:00

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [email protected]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497