Real Estate Investing for Cash Flow with Kevin Bupp

This week's show I'm going to share with you 2 different strategies that we've used multiple times over the years in both apartment buildings as well as mobile home parks to help defer any undesirable tenants or guests from the property.

Very often the properties we purchase have existing management challenges and along with these management challenges often come trouble tenants and their guests who weren't properly screened before moving in. Well, when we purchase the property, these troubled tenants and their guests now become our problem as the new owner.

Listen in to see how to get rid of these bad apples.

Recommended Resources:

• Download my free success guide, “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
• Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S

Our guest for this week’s show is Real Estate Expert and founder of the Value Hound Academy, Craig Haskell. Craig has devoted over 25 years to value real estate investing, and has owned and managed 7,200 units and 2.8 million square feet of commercial space and provided advisory services on over $2 billion in value. Craig is also author of How to Take an Apartment Building from Money Pit to Money Maker, Secrets of Successful Apartment Buildings and A Guide to Creating Successful Apartment Advertisements.

Craig is also founder of the Value Hound Academy, which is a community of real estate professionals – agents, lenders, investors, managers and service providers who want to capitalize on today’s great buying opportunity, syndicating their own deals using a value investing approach.

Craig's understanding of real estate value investing is reinventing the way value investors do business to achieve high risk adjusted returns. As an inspiring leader and in-demand speaker, trainer and coach, Craig has helped thousands of investors and organizations around the world to become more successful value real estate investors.

Here’s a few things you’ll learn in our interview with Craig today:

§  What attracted Craig to commercial real estate

§  When and how he finally realized that syndication was the way to wealth in commercial real estate

§  The lessons he learned from his first few deals

§  How he was able to acquire more than 1500 units within his first few years as a syndicator

§  What exactly syndication is and why you should start syndicating now if your goal is to big massive wealth as a real estate investor

§  The importance of a pitch book when raising capital from investors

§  Why it’s vitally important to have laser focus in this business if your desire is to grow a multi-million dollar portfolio.

§  How to get raise capital for your first deal even with zero track record by forming an advisory board

§  Why he suggests that your first commercial syndication should be a smaller sized deal, preferably under $1 million.

§  Which comes first, the deal or the money?

§  What the daily responsibilities of real estate a syndicator/sponsor are.

§  How you "the sponsor" can get paid multiple ways in a syndication

§  What Craig would have done differently in his RE business if he could go back and do it over again

§  How the changes in the general solicitation laws have made it easier to advertise your deals to potential investors

§  And much more

Recommended Resources:

This week's show I'm going to share with you a short segment that I recently recorded with financial modeling expert and founder of REFM, Bruce Kirsch. Bruce will offer a few quick tips on how to effectively analyze and underwrite deals to help us avoid any potential mistakes which could affect the final output that you end up with in your evaluation.

This is such a basic topic, but one that is so vitally important because making just one small input mistake in your financial evaluation can be the difference between a good deal and a bad one. There have been many times where I've run a property through my financial modeling software only to have the results seem much better than I originally anticipated, and in almost all circumstances, it was due to an input error on my behalf.

Recommended Resources:

• Download my free success guide, “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
• Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S

This week we're going to be speaking industry expert, Ann Hambly, who is the founder and CEO of 1st Service Solutions , a national service provider and consultancy firm to the commercial real estate industry who provide advice and solutions for anything ranging from the addition or removal of collateral on an existing CMBS loan, to the most complex loan restructure for all loan types.

And for those of you who might not know what a CMBS loan is here's a quick definition. A CMBS loan, also known as a commercial mortgage-backed security, is a type of fixed-income security that is collateralized by commercial real estate loans. Typically these loans are for commercial properties such as office buildings, hotels, malls, apartment buildings, factories, etc., but not single-family homes. CMBS make up about 2% of the total U.S. fixed income market.

In essence, CMBS are created when a bank takes a group of loans on its books, bundles them together, and sells them in securitized form as a series of bonds. Each series will typically be organized in "tranches" from the senior - or highest-rated, lowest-risk issue - to the highest-risk, lowest-rated issue. The senior issue is first in line to receive principal and interest payments, while the most junior issues will be the first to take a loss if a borrower defaults. Investors choose which issue they invest in based on their desired yield and capacity for risk.

Today we're going to speak about how Ann's company can help investors navigate the tricky and often times complex CMBS loan process as well as discuss some of the opportunities that might exist from maturing CMBS loans that were created back during the 2005-2008 real estate run-up and how her company can help you capitalize on some of these "soon-to-be" distressed opportunities.

Here’s a few things you’ll learn in our interview with Ann today:

• What a CMBS loan is
• What role 1st service solutions plays in the CMBS market and the services they provide to real estate investors
• How Ann was able to grow her company during one of the worst real estate markets in history which was 2008
• The opportunity that exists with the $100+ billion of maturing CMBS loans and how you can go about uncovering those that might be distressed
• What defeasance means when it comes to CMBS loans
• The benefits of a CMBS loan and how they typically offer much more attractive terms than conventional commercial loans which can include longer amortization, lower rates, non-recourse vs. recourse bank loans, and 10 year balloons instead of 5 or 7 that you have with commercial loans.
• The number one marketing strategy which she feels is responsible for the great success her company has experienced and how you can apply this same strategy to your real estate business.
• How to get a free 1 hour phone consultation with Ann.
• And much more

Recommended Resources:

• Download my free success guide, “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
• Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S
• Learn more about today's guest by http://www.1stsss.com

This week's show is going to be a little different as I'm going to share with you a short segment that I recently recorded with Rich Dad Advisor and CPA, Tom Wheelwright. Tom will be sharing details on how we can maximize our deductions for the repairs that we perform on our rental properties.

Recommended Resources:

• Download my free success guide, “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
• Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S