Jon Dwoskin is a Business Coach, Author, Speaker, and Podcaster. He helps successful business people get unstuck & grow their businesses. Jon has wanted to be a Business Coach/ Author / Speaker since he was 18 and his dad gave him a set of tapes by Brian Tracy: The Psychology of Success. From there on, he committed himself to become what he is today and in his practice, he's deemed to be the "business whisperer" because he can see what you cannot see and hear what you cannot hear at your company. He uses that laser focus to help business owners enhance, improve, increase and evolve businesses and professionals. Jon has been featured on the Forbes Council Coaches business column and many podcasts. He also hosts his own podcast called THINK Business.

 

[00:01 - 04:03] Opening Segment

Get to know Jon Dwoskin

Jon says he has always wanted to be a business coach

 

[04:04 - 14:51] 30 and Diagnosed with Cancer

Jon receives the news of being a cancer patient

Why you must be your own doctor

Jon’s challenge for others: Advocate

How Jon faced life after the big news of his cancer diagnosis

 

[14:52 - 24:10]  How to Turn a Cancer Diagnosis into Business and Life Success

Monetize an entire business out of asking questions

No contract deals, simply going specific and in-detail in plans, systems, and processes

Active listening and asking questions make great partnerships

Jon’s coaching strategy that ensures the growth and success of his clients

 

[24:11 - 32:53] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?Investing in his own business, people, and his kids

Jon’s worst investmentInvesting in a company he didn’t want to invest in

What is the most important lesson that you've learned in business and investing?“You’ve got to listen to your gut, 100%.”

Connect with my guest. See the links below.

 

Resources Mentioned:

Four Thousand Weeks by Oliver Burkeman

The Power of Wonder by Jeff Hoffman

The Zen Eye by Mary Farkas

 

Tweetable Quotes:

“You've got to be grounded, you've got to be centered. You've got to know and you've got to advocate for yourself. ” - Jon Dwoskin

“I'm great at what I do. But I'm not a magician. You've got to be open-minded, you've got to do the work. And you’ve got to be coachable and ready to work.” - Jon Dwoskin

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Connect with Jon Dwoskin through (248)-535-7796, [email protected],  Facebook, Twitter, Instagram, and LinkedIn.  Visit his website https://jondwoskin.com.  

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Mark Cira is a registered CPA in Illinois, CFO of Cogent Security Consulting, and a co-founder of Cira Capital Group. Since 2002, he has overseen the planning and construction of more than $30 billion of industrial assets.  His experience working in legal and consulting firms such as Schiff Hardin LLP, Navigant Consulting, and Ernst and Young has honed his skills for sourcing opportunities, vetting operators, and performing due diligence. Since 2015, Mark has diversified into passive real estate investments, including multifamily, mobile home parks, and self-storage assets. 

He applies his long-tenured expertise to private real estate, where his passion for investing has resulted in general partnerships worth more than $25 million of commercial real estate assets. Mark is also a co-founder of Hardscrabble Developments, which builds reasonably priced, mid-market, single-family homes and condos in Chicago.

 

[00:01 - 08:05] Opening Segment

Get to know Mark Cira

Mark takes us back to when started in real estate

 

[08:06 - 16:44] Moving from Active to Passive Real Estate Investing

Balancing real estate and being active in your day jobThe day job could be an opportunity to invest in real estate

The Shift to Passive SyndicationBe careful not to jump in with the wrong operators

Due diligence with the sponsors

 

[16:45 - 33:14] Underwriting, Diversification, and Fundings  

Every underwritten model will be wrongAsk the reasons for the changes

Math Errors in Underwriting

Diversification in this industry is very importantSystems and processes are key in funding

Why REITs are not the better option 

 

[33:15 - 43:29] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?Investments that save time

Mark’s worst investmentPartnerships that cost more time than the value of the purchase

What is the most important lesson that you've learned in business and investing?“Be selective.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“You're really buying yourself a new job when you want to become a syndicator.” - Mark Cira

“Insurances are constantly outpacing inflation.” - Mark Cira

“You don't want to be a slave to the hourly bill rate.” - Mark Cira

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Connect with Mark Cira through Facebook, Instagram, Twitter, and LinkedIn. Or you can visit Cira Capital Group and diversify your investment horizon.

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Keith Meyer is a purposeful commercial real estate operator and investor who has participated in a diverse set of investment vehicles within the industry. Keith’s family and network of investors have owned and significantly increased the worth of several large manufactured housing communities over the past 25 years. Keith leads the deal sourcing and acquisitions side of SCG, working directly with brokers and co-sponsors to acquire properties that meet his team’s distinct criteria. Keith focuses on developing win-win partnerships which are well-defined from inception, and highly productive upon implementation.

 

[00:01 - 05:14] Opening Segment

Get to know Keith Meyer

Keith gives a brief overview of his background and their company

 

[05:15 - 14:31] The Future of Real Estate Technology

Multifamily Investment StrategiesClass A versus Class B Assets

Blockchain Tokenization in Real Estate SyndicationsSecuritized Token Offering

Can the regulations keep up with technology?

 

[14:32 - 25:44]  Real Estate Syndications, Blockchain Technology, and the Future

The Blockchain Real Estate Process

Comfort level versus technology versus the regulatory aspect

Single Family Home Tokenized Project

Is a new coin coming to the real estate market? 

 

[25:45 - 39:20] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?Mobile home park in Albuquerque

Keith’s worst investmentHis first home after college

What is the most important lesson that you've learned in business and investing?“Making sure you have that cushion in place.”

Connect with my guest. See the links below.

 

Resources Mentioned:

Algorand

 

Tweetable Quotes:

“The biggest drawback that we have when we're trying to raise capital is that syndications and commercial estate in general are still fairly illiquid investments” - Keith Meyer

“It's a pretty complex field. But the idea is that you're actually producing a crypto asset with these [blockchain technology] tokens. It's not a cryptocurrency.” - Keith Meyer

------------

Connect with Keith Meyer through [email protected], Instagram and LinkedIn.  Visit their website https://www.symphonycapitalgroup.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

1.3B in Real Estate Development, #1 International Bestselling Author, World-Renowned High-Rise Expert, Ken Van Liew is the founder and CEO of Global Real Estate Strategies.  He has the expertise and proven results on major development projects consistently completed on schedule, under budget, and above client expectations. Customized and spearheaded approach to the entire real estate development and construction process from concept to occupancy. He has hands-on experience in all aspects with cross-functional expertise in real estate development, finance, engineering, and construction.

 

[00:01 - 05:44] Opening Segment

Get to know Ken Van Liew

Ken shares how he started from nothing and his six-year plan

Ken’s personal life and career growth

 

[05:46 - 13:58] The Modern Wealth Building Formula 

12-Year Old Entrepreneur: The Art of Magic

Creating magic in your life gives you freedom and money

The Modern Wealth Millionaire Formula

Ken’s personal development and the 9/11

Don’t be afraid to ask for help and take advantage of what’s available

Why people don’t understand communication

 

[13:59 - 28:27]  Thriving Post-Great Recession, and more

What Ken learned from his teaching experiencePresentation, presentation, presentation

“It’s all about the execution.”

How Ken lost $300 million in one day

Informational marketing is a whole new business

 

[28:28 - 39:43] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?An assisted living facility

Ken’s worst investmentA non-paying investment in North Carolina

What is the most important lesson that you've learned in business and investing?Listening

Connect with my guest. See the links below.

 

Resources Mentioned:

Deep Work

 

Tweetable Quotes:

“In order to create an extraordinary life, you really have to get experience getting knocked down, and then getting back up to have the strength to take it forward.” - Ken Van Liew

“The listening in communication is so important.” - Ken Van Liew

“Listening is probably the number one key to success.” - Ken Van Liew

------------

Connect with Ken Van Liew through Twitter and LinkedIn.  Visit their website https://kenvanliew.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Bill Ham is a multifamily owner/operator and Chief Operating Officer at Broadwell Property Group. Through his companies, he seeks to purchase and manage a currently growing portfolio of commercial multifamily real estate.

 

Bill's first 402 units were completed with some form of creative financings such as seller financing and master lease options. Over the years he has built a large portfolio of real estate consisting mostly of apartments. He built a management company that operated the portfolio. At the peak that company was comprised of 16 employees and managed over 1000 units.

 

[00:01 - 04:21] Opening Segment

Get to know Bill Ham

16 Years of Real Estate! 

Bill shares his career shift and real estate experience

 

[04:22 - 13:25] The Keys to Scaling a Real Estate Portfolio, from 0 to Seven Figures

At 28 years old, “If not now, when?”Saving $10,000 monthly for a duplex

A Bold Move to Scale Going Big Is Not the Only Way

Follow your confidence, not your passion

Why people don’t scale up

Real Estate is Just Like a ProductUnderstand the business

Connect with the right partners

Corporate business is not exactly real estate business

Successful people are normal people too

 

[13:26 - 25:24] Real Estate Truths

How Bill built and maintained his partnerships

Every deal has a different strategy

Don’t be Forced to Sell 

How to Choose the Perfect Market 

 

[25:25 - 38:16] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?Mindset

Bill’s worst investmentHis ego

What is the most important lesson that you've learned in business and investing?“Be a problem solver.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“Don’t think that you have to go big.” - Bill Ham

“Everybody’s got a strength and a weakness. Don’t worry about keeping up with anybody else.” - Bill Ham

“You are not going to earn in real estate if you need to sell.” - Bill Ham

“The local buyer is always your number one competitor.” - Bill Ham

------------

Connect with Bill Ham through [email protected] and LinkedIn.  Visit their website https://realestateraw.com/.  Grab a copy of his books, Real Estate Raw and Creative Cash. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Working with realtors, title companies, and individuals, Dave Foster has helped thousands of investors keep all their equity working for them and legally avoid paying taxes with 1031 Exchanges and other tax strategies. Through a combination of 1031 Exchanges and Section 121 exemptions, Dave was able to achieve his own dream of living aboard a sailboat with his young family. These powerful tax strategies (and a lot of hard work) allowed him to pull out profit and purchase their 53’ ketch for cash as well as build a portfolio that helped cash flow a decade of adventure.  Dave provides strategy, consulting and 1031 Exchange Qualified Intermediary services that have helped investors from around the world use these powerful tools to build their US portfolio.

 

[00:01 - 05:14] Opening Segment

Get to know Dave Foster

Dave’s back on the show! 

What is a Qualified Intermediary?

The Eighth Wonder of the World: Compound Interest

 

[05:15 - 15:06] 1031 Exchange Insights for 2022

How the Pandemic Changed the 1031 Industry

An important note for real estate investors

Real estate investors are a hardy breed

Rents, tenants, realtors, and inspectors

The Global Financial Crisis with 1031 Exchanges

The Best Way to Solve a Crisis

 

[15:07 - 34:01] How to Make the Most Out of 1031

How the Human Person is Made: Energy, Money, Time

The Most Important Commodity is not Money

Most Absolute Powerful Tool to Build Real Estate Wealth

Dave discusses different passive real estate investing tips and strategies

Inflation, Refinance, and Tax

What happens when you move into vacation rental properties 

 

[34:02 - 42:22] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is your favorite book to read for personal enjoyment reasons?

Lord of the Rings Trilogy

Dave’s favorite business bookWhatever Happened to Penny Candy? by Richard Maybury

The Clipper Ship Strategy by Richard Maybury

Dave’s Travel Bucket ListSpain

Isle of Capri, Italy

Connect with my guest. See the links below.

 

Tweetable Quotes:

“The greater the profit, and the quicker the profit, the sooner you want to start moving properties.” - Dave Foster

“Real estate investors are a hardy breed.” - Dave Foster

“Keep your leverage low enough, stress test your assets against a pretty healthy drop, and as long as you can keep the lights on, go for it. Be aggressive. And when the downturn comes, it's not gonna come forever.” - Dave Foster

------------

Connect with Dave Foster through LinkedIn.  Visit their website https://www.the1031investor.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

In today's rate and market environments, it is difficult for investors to get good yields on their investments, especially for those who are too busy to constantly research or those who wish to invest outside their area of expertise.  

Andrew Cushman solves this problem by providing high-yield multifamily investment opportunities to accredited investors. Andrew is a details-driven real estate professional who leaves no stone unturned when vetting deals. His passion drives him forward in entrepreneurial endeavors but his easygoing, friendly spirit is what builds lasting friendships with his investors and business partners. When he's not looking for and managing deals, you can find Andrew surfing, backcountry skiing, or chasing around his young children. He believes in building passive income streams in order to free up more time for enjoying family and the personal hobbies/passions that make life a little bit more exciting. 

 

[00:01 - 04:39] Opening Segment

Get to know Andrew Cushman

Andrew’s back on the show! 

How Andrew’s past year of real estate investing has been

 

[04:40 - 12:46] The Multifamily Real Estate Market in 2022

Control over asset and market selection 

Affordable rents and meeting income

Get ahead of incoming jobs and populations

Why you should sell rather than refinance

Return on Equity and Calculating Projects

 

[12:47 - 27:50] Equity is Not So Terrifying 

How to Still Benefit from Your Refinanced Property

Shifting Markets: Secondary and tertiary markets

Too Much Healthcare and the Medical Market

Andrew talks about lending, borrowing, and financing Bridge loans: What’s the upside? What’s the downside?

 

[27:51 - 35:47] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

 What is your favorite book to read for personal enjoyment reasons?Staying Alive in Avalanche Terrain by Bruce Tremper

Andrew’s favorite business bookHow to Win Friends & Influence People by Dale Carnegie

Andrew’s Travel Bucket ListAntarctica

Connect with my guest. See the links below.

 

Resources Mentioned:

Multi-Family Millions by David Lindahl

 

Tweetable Quotes:

“If you have a strong tailwind behind you, and that just dramatically increases the odds of your success.” - Andrew Cushman

“So what we do like are towns where you've got not only a diversified economic base but one that's recession-resistant,” - Andrew Cushman

“Bridge has a place, agency has a place, floating-rate has a place, fixed has a place, and it's not definitely a one size fits all arrangement.” - Andrew Cushman

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Connect with Andrew Cushman through Facebook, Instagram, and LinkedIn.  Visit their website https://www.vpacq.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Anthony Pinto is the Owner and Managing Partner at Guidepost Investment Group. He is also the host of The Lessons in Real Estate Show.  Anthony has about 20 million dollars in assets under management, a little over 300 doors, and has found a way to passively invest and actively invest with himself and other members of the military halfway around the world.  His purpose in life is to add value to others, whether that is talking real estate shop with new investors or providing incredible passive investment to their clients. His life goals are to visit every country in the world, visit space, and open a half bookstore, half coffee shop, a half brewery called Pinto’s Beans, and Books and Brews.

 

[00:01 - 04:28] Opening Segment

Get to know Anthony Pinto

Real estate success during the COVID-19 pandemic

 

[04:29 - 13:10] Investing from Overseas

How Anthony buys properties from the other side of the planet

Know that place you’re going to invest in like the back of your hand

What you need to look for in an investing partner

Having a partner in the market and figuring out the type of investing you want to get into

 

[13:11 - 24:56]  A Blue Ocean Strategy

Anthony shares his strategy with community shopping centers

The road to community shopping centers

Triple Net Leases

Increasing the NOI and ultimately increasing the value of cash flow

 

[24:57 - 36:45] Closing Segment

Quick break for our sponsors

Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?

Joining a mastermind group

Anthony’s worst investment

His first multifamily deal in July 2019

What is the most important lesson that you've learned in business and investing?

Partnerships

Connect with my guest. See the links below.

 

Tweetable Quotes:

“There's only so much that you can do to add fees before people don't want to live there (in a multifamily).” - Anthony Pinto

“That's really where you kind of grow, in the partnerships you are making and losing money. ” - Anthony Pinto

------------

Connect with Anthony Pinto through [email protected], Facebook, Instagram, and LinkedIn.  Visit their website http://guidepostinvestmentgroup.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Kent Ritter is a former management consultant, start-up owner, and corporate executive turned full-time real estate investor and operator. Kent has achieved financial freedom, and now he is on a mission to empower others to do the same through multifamily investing.  Kent is dedicated to teaching others how to make good investing decisions. He is the host of the Ritter on Real Estate podcast and YouTube channel where he provides impactful interviews and practical tips for investors. His goal is reflected in the show’s motto to help others “Invest like a Pro!” Additionally, Kent hosts the monthly Indianapolis Multifamily Investing Meetup, which is an amazing group of active and aspiring multifamily investors.

 

[00:01 - 06:58] Opening Segment

Get to know Kent Ritter

Helping companies solve big problems

Kent talks about his management consulting career and more

What makes your business work?

 

[06:59 - 15:59] What it Takes to Succeed in Real Estate 

Kent’s Key Takeaways from Management ConsultingCulture

Connection

Accountability

Fair Housing and treating every tenant the same way

How to Build a Company that is Aligned with Your Mission and Vision

 

[16:00 - 29:19] Succeeding with the Right People

Applying the Who Not How Philosophy to Kent’s Business

Maintaining the abundance mentality

Kent, Director of Acquisitions

Making a Three-Year Map

When is the best time to make that next hire?

The Pareto Principle

What’s the best and worst thing you can do?

 

[29:20 - 38:50] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?His family

Consulting firm

Kent’s worst investmentSyndication on the equity side

What is the most important lesson that you've learned in business and investing?“Done is better than perfect.”

Connect with my guest. See the links below.

 

Resources Mentioned:

Who Not How

 

Tweetable Quotes:

“I don't expect you to do it perfectly every time but I do expect you to do it better next time than you did this time.” - Kent Ritter

“Specificity of focus is extremely important.” - Kent Ritter

------------

Connect with Kent Ritter through Instagram, Twitter, and LinkedIn.  Check out Ritter on Real Estate Podcast on Apple Podcasts and Youtube.  Visit their website https://www.kentritter.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Frank Furman is the COO of PadSplit. His goal is to disrupt the affordable housing market by offering better solutions to residents and investors. Which led him to develop PadSplit with Jon O'Bryan and Atticus LeBlanc.  PadSplit was founded by Atticus LeBlanc, a housing advocate whose background was in real estate investment and the development of traditional rental properties. While always supportive of public housing and subsidized rent relief programs, Atticus grew frustrated by how slow and inefficient these programs were and how they couldn’t help nearly enough people, who simply sought opportunities. When a neighboring home was being foreclosed, two residents asked Atticus if they could move into his then-vacant property. Because they were on a fixed income, they could only afford to rent individual rooms rather than the whole house.  He knew he would need technology to simplify this experience further, and with the founding team of Frank Furman and Jon O'Bryan, PadSplit became a shared housing marketplace that could align incentives across the housing spectrum.

 

[00:01 - 10:06] Opening Segment

Get to know Frank Furman

Frank shares his career journey and family life

How technology has changed the business landscape

Short-term rentals are not a new idea but what’s new?

 

[10:07 - 14:04] Co-Living versus Short Term Rentals 

Making co-living affordable and profitable 

How capital is chasing single-family rentals

The Concept is Simple: Frank tells us about their concept

 

[14:05 - 26:26] A New Way to Cash Flow Like Short Term Rentals

Frank’s Model vs Short-Term Rental Model vs Airbnb Model

The Difference between traditional models and Airbnbs

Regulatory Fronts: We have a different set of enemies

Frank and his team’s ideal client profile

 

[26:27 - 38:58] Closing Segment

Quick break for our sponsors

Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?

Oil company

Frank’s worst investment

A property in California

What is the most important lesson that you've learned in business and investing?

“Understanding risk and pricing.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“The workloads a little less intense sort of sits in somewhere in the middle between a traditional rental and an Airbnb.” - Frank Furman

“You extrapolate poorly sometimes with investments. I can buy X, what if I'm just buying it for less and that's just not how life works, usually.” - Frank Furman

“You don't have to overthink a lot of the stuff.  If you kind of get back to the basics and go from first, principles. You find most things really just kind of makes sense.” - Frank Furman

------------

Connect with Frank Furman through [email protected], Instagram and Twitter.  Visit their website https://www.padsplit.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes