By Anthony Vicino and Dan Krueger
4.9
5858 ratings
The podcast currently has 578 episodes available.
Nobody said real estate investing was easy... in fact, we've always said that it's no walk in the park.
We always warn new operators of the perils of real estate investing. The risks are high... but the rewards are oh-so-sweet.
When you invest in real estate you can break the bank and win big, but all too often the bank breaks you and you end up broke.
In this week's episode, Dan and Anthony list off the top 6 ways that real estate investors go broke. And it's easier than you might think!
How long can you afford to bleed money? What's the bare minimum of cash flow that you can afford in property? How well do you assess risks?
Find out on this week's episode of Multifamily Investing Made Simple.
Tweetable Quotes:
"Insufficient cash flow I think is probably one of the top reasons a real estate investor is likely to go broke." – Anthony Vicino
"I hate losing money. and sleep. I like money and sleep and I don't wanna lose either." – Dan Krueger
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To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
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As General Partners, it's pretty rare for us to get questions that we haven't heard before. And there are definitely questions that you, an investor, need to be asking your GP. Because there are things that your GP may not be telling you.
This isn't to say that they are withholding information... only that there are important answers to some difficult questions.
For example... what happens when you die? No... not if there's an afterlife or anything like that. But seriously, what happens if the GP dies? What would happen to the asset? Is there a plan in place if, god forbid, something terrible were to happen to the General Partner?
These are difficult questions. And more often than not, a GP will not lead with these questions in their pitch. But as difficult as they are, it's essential that you ask them.
So, what are 3 things your GP isn't telling you?
Find out on this week's episode of Multifamily Investing Made Simple!
Tweetable Quotes:
"I don't hear anybody really asking this question on the bigger syndications, where there's maybe like six groups and you're like... what happens if they die?" – Anthony Vicino
"You can regulate it without it [crypto] being centralized. I think the problem is the assets themselves are fine. It's the firms who you're trusting to transact on your behalf. Those are the bad actors." – Dan Krueger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
First impressions are important when you're in real estate. So you have to make them count.
You might think that your watch or car could give a certain impression, but really... it's much more than that. Wearing luxury brands doesn't necessarily make someone more impressive or serious.
And owning an expensive car doesn't necessarily mean you are more successful or influential.
It's about the impression you make with the people you meet and with whom you do business.
So, how do you dress for success, and make the right impression in real estate investing?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
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The most important thing you need to remember about investing... or just making money in general... is that it's not about what you make, it's about what you keep.
And with that in mind, here are the most expensive mistakes you can make when investing in real estate.
1) Investing in the wrong people. This could be your partner, your employee(s), your property management team, your operators, etc.
2) Cutting corners. There are a lot of ways, tempting ways, to cut corners and save profit. But more often than not, you're creating a headache for your future self.
3) Location. Location, location, location. You can fix a property, but you can't fix a neighborhood.
Let's dive deeper into each of these on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
For today’s episode, we will be discussing contrarian investing and what it means to go left when everybody else is going right... Why you should zig instead of zag.
We will be going over a framework for understanding and looking at the world for navigating changes. What works today won't necessarily work tomorrow.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
One of the most popular ways for people to get into real estate investing is the fix and flip method. AKA BRRRR...
Buy, Rehab, Rent, Refinance, and Repeat.
You go and purchase a single family home, fix'er up, rent it out to a tenant, refinance, and then you do it all over again. Now let's take that method and apply it to apartment buildings.
Tweetable Quotes:
“I think that some people try to take kind of a binary approach thing where they're either passive or active. It's like you could do both have a little bit of both, do whatever, do whatever you enjoy the most, and whatever brings you the most joy.” – Dan Kreuger
“if you only ever actively invest in yourself and you don't set the systems to start passively investing, then you're always going to be an active investor.” – Anthony Vicino
"Yeah, but understand that passive investing isn't the fastest route to financial freedom, nirvana, or whatever, like active investing." – Anthony Vicino
"the last step says very clearly repeat, which means you go and you do the same thing again" – Dan Kreuger
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Is the short-term rental market crashing?
No.
Will it crash?
Nah... probably not. "Crash" is a pretty harsh word.
But, it might be heading that way. The short-term rental market is suffocating itself. Yes, it's booming right now. But like any new market, it eventually balances out.
So, what does the future of the short-term rental market look like?
We will probably see the market's growth slow over the next few years. It all depends on how fast the government moves towards regulation and legislation.
And we all know how fast the government moves...
Tweetable Quotes:
"We stay in multifamily because it's a proven, time-tested, resource that everybody needs." – Anthony Vicino
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Return projections can be a fickle thing. There is a lot that goes into them... data, figures, numbers... and they're almost always wrong.
However, here are the 3 things that you NEED to know about return projections.
Returns almost never...scratch that... returns NEVER meet expectations. A proforma is, at it's most basic level, just a guess into the future. Even the most finely tuned budget in the world is... really just a best guess.
But knowing these 3 things can help you make a more accurate guess.
1) Interest Only Periods
2) Winter
3)Uh-oh's
So, what do we mean by this? How do winters effect your return projections? What is an uh-oh?
Find out on this week's episode of Multifamily Investing Made Simple.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
Which is better? To be lucky in real estate investing? Or to be good at real estate investing?
Maybe both?
We have heard about Anthony's first real estate investment, the house-hacking triplex. It appreciated about $125,000 in just 9 months.
He's a genius real estate investor, right?
Well, I asked him... did you just get lucky? What if the furnace kicked? Or the roof caved in? Did you have the reserves to fix any major projects?
While he did have some reserves ready to go, he also got lucky. The neighborhood was appreciating, and therefore his property was growing in value. So...
When it comes to real estate investing, especially in your first few deals... how much luck is involved?
What can you do to mitigate your risks so you're not relying on all of that good luck?
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
This week Dan and Anthony are going to play a real estate investing trivia game. Real estate investing Jeopardy!
There are 3 categories... Multifamily, Passive Investing Made Simple, and General Real Estate Investing.
We thought it would be fun to put their knowledge on real estate to the test. You might be surprised by this trivia... Dan and Anthony sure were.
So, who comes out on top? Who is the winner of real estate investing Jeopardy?
Find out on this week's episode of Multifamily Investing Made Simple, In Under 10 Minutes.
LEAVE A REVIEW if you liked this episode!!
Keep up with the podcast! Follow us on Apple, Stitcher, Google, and other podcast streaming platforms.
To learn more, visit us at https://invictusmultifamily.com/.
**Want to learn more about investing with us?**
We’d love to learn more about you and your investment goals. Please fill out this form and let’s schedule a call: https://invictusmultifamily.com/contact/
**Let’s Connect On Social Media!**
LinkedIn: https://www.linkedin.com/company/11681388/admin/
Facebook: https://www.facebook.com/InvictusMultifamily
YouTube: https://bit.ly/2Lc0ctX
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