Real Estate Investing for Cash Flow with Kevin Bupp

This week we're going to speaking with multifamily investment expert, Chris Urso. Chris is the president and founder of URS Capital Partners and has one heck of an impressive story since he went from owning zero multi-family properties in 2010 to more than 1,300 doors today, and in addition to this he has raised more than $18 million of private capital to fund his growing real estate empire.

Chris is as real as they come and I’m positive that you’ll enjoy his story and gain a ton of value from what he has to share with us today

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

• What it took for him to realize that single family investing was a slow way to building massive wealth as a real estate investor
• The story behind his first multifamily deal and what he learned from the experience.
• How he was able to use the residential bird dogs he already had relationships with to help him find multifamily deals
• The economic drivers he looks for in markets he invests in
• Why you need to become an absolute expert in any given market before investing in it
• Why he invests with a 1-5 year horizon in order to keep momentum going for his business
• How he was able to persuade a partner with strong financials and wall street experience to get his first large 100 unit building done
• Why he suggests using loopnet to source brokers for a particular market and asset type
• Why he also suggests to not ignore overpriced deals on loopnet and to make an offer…no matter what.
• Why he suggests to always do your due diligence and not take anyone’s word especially the brokers.
• 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 Chris and his company, please visit www.URScapitalpartners.com

In this week's Cash Flow Friday tip we're going to talk about linear and cyclical real estate markets and how to identify each. It's vitally important to know which of these markets you're current invested in so that you can properly plan your overall investment strategy. And I want to be sure to give credit where credit is due and acknowledge Marco Santarelli from Norada Real Estate Investments because this topic we'll be speaking about today was a result of one of his recent blog articles. Marco is a incredibly astute real estate investor and is an expert at what he does. His company Norada Real Estate Investments are one the early pioneers of the turn-key investment space and have been at it for more than 13 years making them the absolute experts in this space.

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 speaking with real estate and investment expert, Salvatore Buscemi. The topic of discussion for today's show is regarding the wave of CMBS loan maturities that are taking place right now and will continue over the coming years and how we as investors can find opportunity in these distressed commercial assets.

To provide you a clearer picture of why this represents an exciting opportunity, these CMBS loans are typically 10 year terms which means most of these loans coming due were originated during the peak real estate markets of 2005-2008 before the financial crash of 2008 and majority of them were very high leverage loans (as high as 90% LTV) and a large quantity were interest only terms which means they're are upside down in value and would require a large amount of cash from the borrower in order to get out from underneath it.

Sal also is giving a free copy of his book "making the yield" to the first 20 listeners who go to the website and register www.MakingTheYield.com

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

• Why CMBS loan maturities represent a great opportunity in the coming years for investors
• What Sal and his team are doing to prepare for capitalizing on these distressed deals
• How to track down these distressed notes by going direct to the lenders
• Why he feels that CMBS loans between $2 million & $30 represent the best opportunities for the small to mid-size non-institutional investors
• The reason he is focusing on secondary and tertiary markets
• Why it's not as simple as just restructuring these loans similar to what would happen with a portfolio loan
• Why he feels the sweet spot for banks that are holding these types of distressed assets are the ones that have between $2 & $5 billion in assets and why that's the niche you need to focus on.
• The person we need to speak with at the bank in order to gain access to these distressed deals.
• Why he feels that there are many markets that are already overheated which will ultimately represent a correction sometime in the coming years and why we need to be cautious as investors
• 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 Sal and his company, please visit http://www.DandrewMedia.com

In this week's Cash Flow Friday tip I'm going to share with you the 10 reasons why I think that every real estate investor should hire a professional 3rd party property management company. Now let me clarify, this applies to basically all asset types except mobile home parks and maybe self storage properties where your management is on-site and is typically employed by the property owner themselves.

If your goal is to own a large rental portfolio of income properties then you'll need to become an expert at outsourcing and delegating responsabilities and hiring a professional property management company is one of the most important

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 speaking with real estate investor, David Fontana. David started thinking about real estate at the very young age of 14, an age when most of us were more interested in riding our bikes or playing a game of catch. His young interest in real estate stemmed from a fear of his dad running out of work and not being able to provide for his family and David knew that creating a perpetual income stream through real estate could ease that fear, but his father thought otherwise. His father thought tenants were nothing more than headaches and he wanted no part of it

Fast forward a number of years and David went on to build a multi-million dollar contracting firm, has built or renovated more than 250 homes, built 100 condo units, built more than 5 million sq ft of commercial and office space and has built quite the impressive rental portfolio. To date David has 68 rental units in his portfolio with a goal to get to 300 units by 2018.

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

• What intrigued David about real estate at the age of 14
• Why he decided to make the switch from being a contractor to a long term investor
• What attracted him to Charlotte, NC and why he thinks it's the next large growth city
• How he found one of his best deals through a brokers personal website
• When hard money makes sense and when it doesn't
• How he was able to obtain owner financing on a recent 21 unit building in Charlotte
• Why he uses a multiple offers strategy when buying apartment buildings
• The risks of buying the underlying LLC that owns the asset instead of buying the real property itself.
• Why he loves condemned buildings
• Why he lives by the motto "don't be cheap" and how he attributes that to his success as an investor
• 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 David and his company, please visit http://www.DAGLLCUS.com

In this week's Cash Flow Friday tip I'm going to share with you an easy method for finding individuals with Self Directed IRA's who can make ideal candidates for becoming an active investor or private lender for your next deal. Unfortunately, we can't just go and purchase a list of names and mailing addresses from a list broker for these individuals who have self directed IRA's as that would be too easy and everyone would be doing it already. What we can do though is use this little secret method that I'm going to teach you in today's show to find those who have self directed IRA's and who are already actively buying or lending on real estate using their IRA which means they already know the benefits and are essentially semi-warm leads or prospects. What does all of this mean for you? Well, this means you'll be able to directly target millions of dollars of self directed IRA funds which can act as an excellent source of capital for your RE deals.

So, in today's show, I'll break down this process for you into 4 simple steps. Enjoy!

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