Lifetime Cash Flow Through Real Estate Investing

Sam Bates of Bates Capital realized a W-2 job was not going to satisfy his desire to help people improve their lives so he started investing in real estate. He started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $150,000,000.

Here's some of the topics we covered:

• Passive vs Active investing
• Questions to ask a general partner
• Deal Flow
• The value of off-market deals
• Direct to seller deals
• Best and Final
• Due Diligence
• Non-refundable earnest money = Going Hard Day 1
• LOI and PSA
• The importance of environment

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

For more information on our guest, please visit:

http://batescapitalgroup.com/

Not a mind maybe, not a mind wish… a Mind SET. What is your mind set on right now? The positives or the negatives? Growth and success or problems and failures? What you set your mind on determines your path and journey through this life. Choose wisely what you set your mind on and make it stick!

Warrior Ryan Dworak started his multifamily journey with a 4 unit. He quickly realized he needed some guidance and joined the Warrior Program. Since that time Ryan and his wife Britni have closed on over 200 doors, half of them as General Partners. Ryan and Britni have a daughter and another on the way.

Here's some of the topics we covered:

• Starting out in Multifamily
• Transitioning from residential to commercial real estate
• Pushing through fear
• Internal and external team
• The role of uncertainty
• Unknown potential
• Your ecosystem
• Be, Do, Have
• Importance of mindset

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

Van Sturgeon grew up on the south side of Chicago and has built and renovated thousands of homes all across North America. Van currently owns and manages over 1,000 units in Michigan, Ohio, New Brunswick and Florida and is author of multiple books on renovation and rehabbing.

Here's some of the topics we covered:

• How to approach a multifamily renovation
• Developing a scope of work
• Screening contractors
• How to quantify quality
• Contract consideration
• Milestones and when to make payments
• Understanding sequencing

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

For more information on our guest, please visit:http://VanSturgeon.com

Mike Woodfield has been responsible for overseeing and asset managing $300,000,000 in multifamily deals over the last 5+ years. During that time Mike oversaw the renovation of 2,200 multifamily units totaling $30,000,000 in improvements which created millions in value-add. Mike has overseen the construction of 50 apartment units totaling $7.2 Million in construction loans.

Here's some of the topics we covered:

• The importance of curb appeal
• The 4 P's of asset management
• Having an Asset Management Plan
• The power of accountability
• Trust but Verify
• Pricing strategies
• Asset management KPI's

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

For more information on our guest, please visit:https://www.obsidiancapitalco.com/

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You will influence more people by being happy and playful. Creativity and innovation comes about when you are being playful. Plato said you can discover more about a person in an hour of play than a year of conversation. Be happily achieving. Be present, fun, curious and playful and build the life you deserve.

Warrior Phil Klima runs a successful car dealership and got into single family housing. After closing on a 31 unit deal he quickly discovered the advantages of multifamily. Phil has built a portfolio of total real estate assets valued at just north of $20M and total units just over 300 without syndicating.

Here's some of the topics we covered:

• The Cleveland market
• The tax advantages of multifamily
• The goal of reaching your potential
• Making business fun
• Keeping continuity when taking over a property
• Best way to get started in multifamily
• Don't wait to buy real estate, buy real estate and wait
• The value of setting high goals

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

Keith Weinhold started his multifamily journey with a 4-plex in Anchorage Alaska of all places. Since then Keith has become a bestselling author and podcaster in the Commercial Real Estate space. Keith has been on the show previously as one of my earliest interviews: Episode #89

Here's some of the topics we covered this time around:

• The problem with compound interest
• The power of financial leverage
• Other People's Money x 3
• The Inflation Triple Crown
• Winning with Inflation
• The 5 profit centers of multifamily
• Diminishing your prosperity by being debt free

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]

For more information on our guest, please visit:

https://www.getricheducation.com/

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Putting things into motion quickly for a competitive "leg up". Rapid implementation involves identifying opportunities and quickly responding to new problems. Rapid implementation can also help your company or team achieve their goals by quickly responding to changes in the economy, changes in local and national politics, and changes in consumer sentiment.

Warrior Tien Truong graduated from Long Island University with a Doctorate of Pharmacy. Tien is now a full time multifamily investment specialist spending her time buying large apartment complexes, and helping others learn how to achieve low-risk double digit returns. Her mission is to educate and present opportunities that will help others achieve cash flow and financial freedom, just as she has.

Here's some of the topics we covered:

• Letting go of fear
• Building your team
• Magic number of doors (Sweet Spot)
• Overcoming roadblocks
• The value of self evaluation
• Partnering with experience

To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email [email protected]