How is modern technology revolutionizing the real estate syndication space, and what impact does this have on investors and general partners?

 

In this episode of the Passive Wealth Strategy Show, host Taylor Loht interviews Andy Creebar, the founder of a real estate technology company aimed at transforming real estate syndications. They delve into how Andy's company is streamlining operations for general partners and improving the investment experience. The conversation covers the evolution of technology in real estate, the challenges faced by syndicators, and the future of real estate investments in the context of emerging technologies.

 

 Andy Crebar is a highly experienced professional with 12.8 years of work experience in the financial services industry. He has a strong background in cho and services, and is currently working with an all-star team to unlock the potential of real estate investing. Andy has held various leadership positions, including Co-Founder & CEO at HoneyBricks and Sapling, and Chief of Staff at Credible. He also has experience in investment banking and has worked at Macquarie Group and GE. Andy's expertise and dedication make him a valuable asset in the field of financial services.

 

 [00:00:00 - 00:05:00] The Genesis of Innovation in Real Estate

Andy's early exposure to real estate through his architect father.

His journey from buying his first property to diving into real estate syndications.

The inception of his company to facilitate real estate investments.

 

[00:05:01 - 00:10:00] Technology: A Catalyst in Real Estate Syndication 

 

The complexity of managing real estate investments and how technology simplifies it.

The transition from traditional to modern methods of transaction.

The role of GP Flow in streamlining these processes.

 

[00:10:01 - 00:15:00] Overcoming Industry Challenges 

 

Discussion on the impact of cybersecurity in real estate transactions.

The slow adoption of new technologies in the industry.

How GP Flow addresses these emerging needs.

 

[00:15:01 - 00:20:00] Strategies for Scaling in Real Estate

Different challenges faced by new and experienced syndicators.

Importance of investor acquisition and management.

Leveraging technology for efficient marketing and scaling.

 

 [00:20:01 - 00:25:00] Vision and Future of Real Estate Technology

Long-term vision for GP Flow and the real estate market.

Potential future integrations like AI in managing complex transactions.

Ethical considerations and responsibilities of technology providers in real estate.

 

Quotes:

 

"Real estate is an incredible vehicle for building and compounding wealth." – Andy Creebar

 

"Technology is moving so quickly, making things that were impossible a decade ago achievable now." – Andy Creebar

 

Connect with Andy:

 

Website: https://www.gpflow.com/

 

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

Can seller financing in real estate offer a more equitable path to homeownership, and how does it change the game for both investors and homebuyers?

In this insightful episode of the Passive Wealth Strategy Show, host Taylor Loht invites real estate expert Jerry Fetta to delve into the nuances of passive seller financing in real estate investing. Jerry unveils his unique approach, which allows him to be a passive investor while making a significant social impact. This discussion navigates through the intricacies of seller-financed real estate, the importance of aligning capital with purpose, and how this model can benefit both investors and homebuyers in the current market.

 

Jerry Fetta is the owner and founder of Wealth DynamX. He and his team help thousands of families across the country simplify their money so they can stop losing out on dollars to debt, taxes, and financial institutions and instead keep and use those dollars to build wealth now. Jerry is passionate about helping families become financially educated and wealthy so they can navigate their economic futures with certainty and help build more prosperous communities around them.

 

By the age of 28 Jerry had built a multi-million company, achieved a personal net worth of greater than $ 1 million and operated several companies. Jerry has been married to his wife Lexy for 9 years. 

 

(00:00:00 - 00:05:00) Introduction to Seller Financing 

 

Seller financing as a unique real estate investment model.

The benefits of being a 'bank' in real estate transactions.

The process of passive investing in real estate through seller financing.

 

(00:05:00 - 00:10:00) Exploring the Seller Financing Model 

 

Comparison with traditional real estate investment models.

The process of selecting properties and engaging with potential buyers.

Advantages of seller financing for investors in terms of control and risk management.

 

(00:10:00 - 00:15:00) Operational Mechanics of Seller Financing 

 

The role of a Turnkey company in managing properties and escrows.

Benefits of outsourcing operational tasks in real estate investing.

Strategies for scaling real estate portfolios effectively.

 

(00:15:00 - 00:20:00) Financial Aspects and Investment Strategy 

 

Insights into the initial capital investment and returns in seller financing.

Strategies for optimizing investment through life insurance policies.

The long-term financial outlook and benefits of seller-financed investments.

 

(00:20:00 - 00:23:00) Social Impact and Future Perspectives 

 

Seller financing as a tool for social change and empowerment.

Various exit strategies for investments and their impact on families.

Jerry’s vision for the future of seller financing in real estate.

 

Quotes:

 

"Never trade time for the same dollar twice." - Jerry Fetta

 

"When more good people have control of the capital on planet Earth, better things happen." - Jerry Fetta

 

Connect with Jerry:

 

Website: https://jerryfetta.com/

 

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

Through a candid discussion, Taylor urges listeners to carefully consider the sources of their inspirations, especially regarding their objectives in life, family, and business ventures. He delves into the importance of aligning one's values with those of their mentors, advocating for a more balanced model of success that encompasses both personal and professional domains.

This episode invites listeners to engage in self-evaluation on who influences their decisions and whether these influencers embody the holistic success they aspire to achieve.

Can a young, ambitious real estate agent triumph in today's challenging market by leveraging unique strategies like property auctions?

 

In this enlightening episode of the Passive Wealth Strategy show, host Taylor Loht interviews Dylan Onorevole, a 21-year-old realtor who has made remarkable strides in the real estate industry. Dylan shares a compelling case study of a recent auction-based property deal, offering valuable insights into navigating the fluctuating real estate market. The episode delves into Dylan's journey, overcoming age-related challenges and leveraging his unique perspective to succeed in a highly competitive field. This conversation is a treasure trove of strategies, mental tools, and practical advice for young and aspiring real estate professionals.

 

Dylan is an overall real estate enthusiast; working as a licensed realtor with eXp Realty, wholesales real estate, dabbles in property management, and is an inspiring real estate investor. He believes real estate is his way to freedom and wants to take as many people as he can with him. Expressing the possibilities of real estate along with speaking with business owners in his podcast "The Pursuit Show".

[00:00:00 - 00:03:00] The Young Realtor's Journey 

 

The importance of family influence and early exposure to the industry.

Overcoming the hesitation of starting young in real estate.

The shift from formal education to a full-time real estate career.

 

 [00:03:00 - 00:06:00] A Deep Dive into Auction Deals

 

Utilizing online platforms like HubZoo for property auctions.

The strategic approach to bidding and securing properties.

The benefits of auctions in a competitive market.

 

 [00:06:00 - 00:10:00] Assessing and Executing the Deal

Evaluating property potential without physical visits.

Navigating the complexities of auction purchases.

Cost assessment and investment strategies.

 

[00:10:00 - 00:14:00] Challenges and Learning Curves 

Managing unexpected hurdles in auction deals.

Learning the intricacies of local real estate markets.

Importance of comprehensive pre-auction research.

 

 [00:14:00 - 00:18:00] Youth, Experience, and Real Estate

Overcoming the stereotype of inexperience due to youth.

Building credibility and relationships in the industry.

 Strategies for young realtors to establish themselves.

 

Quotes:

 

"If I can make it through this time, I can make it through any time." - Dylan Onorevole

 

"You have to have that kind of cocky attitude where it's 'I'm better than some of these realtors who have been in the industry for 10 years plus.'" - Dylan Onorevole

 

Connect with Dylan:

 

Instagram: https://www.instagram.com/dorealestate.nj/?hl=en

 

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

Investing with Taylor: www.investwithtaylor.com

Manage your properties with Stessa https://stessa.sjv.io/c/2425882/1152983/14113

Jonah Hall is an experienced self-storage investor who specializes in converting existing properties into climate-controlled self-storage units. He started his journey in self-storage in 2017 and has since completed 20 conversion projects. Jonah focuses on secondary markets and leverages technology to streamline operations and provide a self-service experience for customers. He is known for his expertise in remote management and has built a team to handle the day-to-day operations of his properties.

Episode Summary:

Jonah discusses the benefits of adaptive reuse projects and how they offer a prime location and higher quality building compared to ground-up construction. He also explains the process of evaluating supply and demand in a market before undertaking a conversion project. The conversation then shifts to the technology-enabled management of Jonah's properties.

He highlights the use of digital locks and a comprehensive tech stack that allows for remote management and a self-service rental process. Jonah emphasizes the scalability and cost-effectiveness of these technologies and how they contribute to the bottom line of his properties.

Finally, the episode explores Jonah's exit strategy and the challenges of selling properties with advanced technology to buyers who may not be ready to adopt it. Jonah shares his approach of partnering with established software and hardware vendors to ensure the transferability of the technology stack. He also discusses the potential buyers for his properties, including REITs and private equity groups.

Key Takeaways:

Converting existing properties into climate-controlled self-storage units offers prime locations, higher quality buildings, and cost savings compared to ground-up construction.

Evaluating supply and demand in a market is crucial before undertaking a conversion project, especially in underserved secondary markets.

Technology-enabled management, including digital locks and a comprehensive tech stack, allows for remote operations and a self-service rental process.

The use of technology streamlines operations, reduces expenses, and improves the customer experience, leading to higher occupancy rates and profitability.

When planning an exit strategy, it is important to consider the transferability of the technology stack and cater to potential buyers' preferences and needs.

How can the pursuit of real estate investment transform the life of someone looking for financial stability and passive income, especially for those in demanding professions like firefighting and EMT work?

In this episode of the Passive Wealth Strategy Show, host Taylor Loht interviews Jon Paul Kessinger, a former firefighter and EMT turned real estate investor and property manager. John Paul shares his journey from the high-stress, time-consuming world of firefighting to achieving financial stability through real estate investment. He delves into the challenges and successes of his first real estate deal, the importance of relationships in the real estate industry, and his transition into property management. This episode is a treasure trove of insights for anyone looking to make their first foray into real estate investment or seeking to expand their portfolio.

[00:00:00 - 00:05:00] The Transition from Firefighting to Real Estate

Jon Paul's motivation for finding passive income streams.

His first steps into real estate investment.

Overcoming financial barriers in starting real estate investing

.

 [00:05:01 - 00:10:00] First Real Estate Deal: Challenges and Learnings

The process of evaluating and financing the first property.

The importance of networking in finding real estate deals.

Learning from initial mistakes and the value of persistence.

 

Building a Real Estate Portfolio [00:10:01 - 00:15:00]

 

Strategies for scaling up the real estate portfolio.

The role of relationships in acquiring new properties

 

 [00:15:01 - 00:20:00]Managing Risks and Opportunities

Navigating the complexities of property ownership and finance.

The impact of external factors like interest rates on investment strategies.

Balancing risks and rewards in real estate investment.

 

The Power of Integrity in Real Estate [00:20:01 - 00:25:00]

Upholding integrity and ethical standards in business dealings.

Building a reputation in the real estate community.

Fostering beneficial relationships within the industry.

 

[00:25:01 - 00:30:00] Diversifying into Property Management 

 

The transition from investor to property manager.

Challenges and rewards of providing property management services.

The importance of customer service and relationship management in property 

Management.

 

Book recommendation: Rich Dad Poor Dad

Who inspires Jon Paul?:  Jon’s father.

 

Key Quotes:

"The only real way to get stability is to get an asset that isn't going to fluctuate depending on politics or change depending on what the market's doing." - Jon Paul Kessinger

 

"I was more scared of if I didn't take action. What the next 10 years of my life would look like." - Jon Paul Kessinger

 

Connect with Jon Paul

 

Cellphone number: 304 931 26 32

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

How can investors adapt to the shifting landscape of office investments and occupancy trends?

 

In this insightful episode of the Passive Wealth Strategy Show, Taylor welcomes guest Danny Simard, a seasoned commercial property manager and Navy veteran. The discussion centers around the current state of the commercial real estate market, particularly offices, in the wake of the COVID-19 pandemic. Danny shares his expertise on the challenges and transformations in office investing, offering a unique perspective on pricing, occupancy, and the future of commercial spaces.

 

 

[00:01 - 07:24] The State of Office Investing Post-COVID

Shift in office market dynamics since COVID

Impact on pricing and occupancy rates

Predictions for the future of office spaces

 

[07:25 - 14:30] Inside the World of Commercial Property Management

Role and responsibilities in commercial property management

Challenges faced in the current market

Strategies for managing commercial properties effectively

 

[14:31 - 21:08] Navigating Market Distress and Opportunities

Understanding market distress and its impact

Identifying opportunities in a troubled market

Strategies for capitalizing on current market conditions

 

[21:09 - 23:24] Owners’ Perspectives and Market Reactions

Insights into property owners' concerns and strategies

Market reactions to current trends

Long-term implications for property owners

 

[23:25 - 26:47] Closing Segment

Future of commercial real estate investment

Adapting strategies for changing markets

Predictions and advice for upcoming trends

 

 

Quotes:

 

"In the office world, we are really stuck between a rock and a hard place." - Danny Simard

 

"With the right cost basis, anything's a good deal in real estate." - Danny Simard

 

 

Connect with Danny:

 

Website: https://craftbauer.com/team/danny-simard

LinkedIn: Danny Simard

Instagram: @dannysims

 

 

Apply to Invest with Taylor at www.investwithtaylor.com

 

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

 

Please leave a review and help others escape Wall Street and build wealth on Main Street!

Empower Personal Finance: https://personalcapital.sjv.io/c/2425882/1488946/13439 (affiliate link)

YNAB: https://youneedabudget.a4xxmk.net/c/2425882/869639/10892 (affiliate link)

Monarch Money: https://www.monarchmoney.com/

Quicken Simplifi: https://www.quicken.com/products/simplifi/

 

With the recent shutdown of the app Mint, Taylor delves into alternative tools that offer similar functionalities to track and manage personal finances.Taylor begins by sharing a poignant personal anecdote: the most financially prudent decision he ever made was not an investment, but the habit of meticulously tracking his finances through Mint. As the narrative unfolds, the conversation pivots towards exploring other viable personal finance tracking apps that can effectively replace Mint, which includes an assessment of their features, benefits, and costs. The episode is filled with practical advice, geared towards helping listeners find the right tool to keep their financial health in check and grow their wealth.

 

Key Takeaways:Habit Formation: The practice of tracking personal finances can be transformative, as it provides clarity on income, expenses, and overall wealth growth.

Mint's Shutdown: The episode acknowledges the end of Mint's service and the impact on users who relied on it for tracking their financial progress.

Alternatives Explored: Taylor evaluates several personal finance tracking tools, including Empower Personal Wealth, YNAB (You Need A Budget), Monarch Money, and Quicken Simplifi.

Criteria for Selection: Key factors for selecting a tracking app are customization options, price point, and ease of use, particularly for real estate investors.

Final Choice: After careful consideration, Quicken Simplifi emerged as Taylor's chosen app due to its affordability, customizable features, and easy integration with various accounts.

How can embracing the principles of personal development and strategic marketing transform your journey towards success?

 

In this enlightening episode, host Taylor interviews Kyle Wilson, a former business partner of Jim Rohn and a pivotal figure in personal development and marketing. They delve into Kyle's unique journey from humble beginnings to becoming a mentor and influencer in personal development and real estate. The discussion covers a range of topics from the power of individual responsibility to the strategic aspects of marketing, offering a blend of wisdom from Kyle's experiences and lessons learned from legends like Jim Rohn. Kyle is currently promoting his latest book Success Habits of Super Achievers

 

Since 1989, Kyle Wilson has been a prominent figure in the personal development industry, promoting seminars with renowned speakers like Jim Rohn, Brian Tracy, and Og Mandino. He co-founded Jim Rohn International in 1993 and later launched YourSuccessStore.com, broadening the scope of personal development resources. Kyle now focuses on mentoring and marketing through LessonsFromExperts.com/Network. He has collaborated with legends such as Zig Ziglar and Robin Sharma, produced over 100 hours of content, co-authored a Chicken Soup book, and is known for his expertise in online marketing, product creation, and branding.

 

 

(00:00:00 - 00:05:00 The Foundation of Success 

Personal responsibility as the cornerstone of success.

The transformative power of life-changing events.

The journey from small-town beginnings to business mastery.

 

(00:05:01 - 00:10:00) Partnership with Jim Rohn 

The impact of a strategic partnership with Jim Rohn.

The art of product creation and leveraging personal branding.

Insights into the seminar business and personal development.

 

(00:10:01 - 00:15:00) Mastering Marketing Principles 

The importance of context in marketing.

Adopting principle-based marketing strategies.

Navigating through the complexities of marketing models.

 

 (00:15:01 - 00:20:00) Value and Relationships in Business

 

The significance of adding value in the marketplace.

Building relationships based on mutual benefit.

Strategic networking and its impact on business growth.

 

(00:20:01 - 00:25:00) Life Lessons and Legacy 

 

Embracing life's essential truths from Jim Rohn's teachings.

The role of authenticity and integrity in personal growth.

Reflections on life, business, and the pursuit of fulfillment.

 

Quotes:

 

"The major key to your future is you." - Kyle Wilson

"Success is predictable; it's like planting a seed." - Kyle Wilson

 

Connect with Kyle:

 

Website: Kylewilson.com

 

 

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

Please leave a review and help others escape Wall Street and build wealth on Main Street!

Investing with Taylor: www.investwithtaylor.com  

Stessa to manage your property: https://stessa.sjv.io/c/2425882/1152983/14113

 

Ian shares his insights on how to analyze deals, work with borrowers, and navigate uncertain markets. He emphasizes the importance of patience and caution in the current market conditions and advises potential lenders to wait for the right time to enter the lending space. 

Ian also highlights the significance of due diligence, effective communication with borrowers, and the importance of keeping an open line of communication to avoid foreclosure situations.

Key Takeaways:

Private money lending and hard money lending are becoming synonymous in the industry, with private money lenders focusing on asset-driven lending and providing quick and easy financing options.

The lending market has been impacted by increasing interest rates, leading to the closure of many low-rate lenders. Private lenders who rely on volume and lower pricing margins have faced challenges due to the decrease in housing inventory and buyers.

Potential lenders should exercise caution and patience in the current market conditions. It is advisable to wait for the market to stabilize and start rising again before entering the lending space.

Due diligence is crucial in analyzing deals, understanding repair budgets, and assessing borrower credibility. Experience and a deep understanding of the market are essential in making accurate assessments.

Notable Quotes:

"A rising market will make everyone look smart and make a lot of people think they're smarter than they are. It's best to remain humble and always think that the next six months the market's going to crash when you're a lender." - Ian Walsh

"You can feel all that in a conversation. So I see that, right? And then all of a sudden I'll see something like, man, I'm sensing this person is not really sure what they're doing, bang, they send me over numbers like, hey, this house needs 30,000 in repairs to break it worth $350,000 or $400,000. And I'm going, no, without even batting an eye, it's a $100,000 repair budget. And I just know that." - Ian Walsh

Resources:

Ian Walsh's email: [email protected]

Hard Money Bankers website: hardmoneybankers.com