Real Estate Investing for Cash Flow with Kevin Bupp

Zach Lemaster is a Real Estate and Investment Expert.

Zach is a seasoned real estate investor that has accumulated a large portfolio of rental properties across multiple markets including single-family, multifamily, commercial and new construction. Zach started his real estate investment journey while working as an Optometrist & Captain for the US Air Force. The cash flow from his real estate investments eventually allowed him to retire early from his career in medicine to be a professional investor by strategically investing in markets that maximize cash flow, appreciation & equity.

Quote:

"It's often difficult to have new constructions that are still positive cashflow… so part of our goal is to identify markets throughout the US where we can come into an area, have a build-to-rent model for investors to participate in and to purchase, where they can still have positive cash-flow, strong appreciation, low maintenance…and immediate equity."

Highlights:

01:58 - Zach tells listeners more about his background in real estate.

04:25 - Zach details his transition from running his own practice to being a full-time investor.

08:30 - Zach discusses his thoughts on rent premiums and build-to-rent models.

15:05 - Zach provides insight into lending, debt, fee development, and more.

17:05 - Zach touches on managing material prices, rent control, and retail markets.

28:53 - Zach talks about managing downsides during inflation.

Guest Website:

https://renttoretirement.com/

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Our guests for this week's show are real estate experts and brothers, Andrew & Phillip Syrios

Our show with Andrew and Phillip is going to be somewhat unconventional today because we're going to be talking about single family investing and why Andrew and Phillip choose to invest in single family over multifamily or commercial. And as you guys are probably already aware, I'm not a huge fan of single family investments but Andrew and Phillip take a larger scale approach to their investment philosophy, which I can respect.

Here's What You'll Learn:

• How Andrew and Phillip got their start in the real estate game and why they prefer single family portfolios versus multifamily and commercial.
• What they love about investing in the mid-western part of the country and why they decided to focus all their investment efforts there.
• The power of building rapport with a seller and how it doesn't always come down to the highest offer but rather the sellers' personal feelings towards you – rapport is king!
• How to build a successful property management company versus outsourcing to a 3rd party management firm.
• The difference between a Tenant in Common a.k.a. TIC and a Syndication arrangement.
• The importance of completing a thorough walk-through of each and every unit and how not doing this can burn you big-time.
• The dangers of underfunding capital improvements on the front-end of a new acquisition and using the cash-flow to supplement those improvements and why this is a big no no.
• The secret to finding the best tenants, even in the less desirable areas of town.
• And much, much more

Recommended Resources

• Check out our company and our investment opportunity by visiting SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click HereTo Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Hereto learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid themcom
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Mobile Home Park Episode is from Episode #83 that originally aired on August 17, 2015.

Learn About Investment and Partnership Opportunities with Kevin and His Team

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Chad Griffiths is an Industrial Real Estate Expert.

Chad has more than 16 years of experience in industrial real estate and has completed over 500 transactions with clients ranging from local companies to large institutional owners. Chad has been a top 15 producer country-wide since 2013 and is a partner with his local firm. In addition to earning SIOR and CCIM designations, Chad has a Diploma in Urban Land Economics from UBC and an MBA from Thompson Rivers University. Chad has given numerous interviews locally and nationally regarding the commercial real estate market and has had articles published in Forbes, Western Investor, and Real Estate Magazine.

Quote:

"I think industrial real estate should scare the average investor—I think that they really should go into it eyes wide open, that if they make a mistake there can be catastrophic losses. I also think there's an opportunity to make really big gains."

"That's the number one thing I recommend to people—suspend the idea that you're collecting rent and look at that property as if it were vacant. And if you can wrap your head around paying the price that you are being asked, then you can start creating fancy models."

Highlights:

02:27 - Chad tells listeners more about his background in real estate.

06:12 - Chad dives into his first acquisition.

15:34 - Chad details what he would've done differently on his second deal, how you can navigate industrial deals and replacement costs.

21:00 - Chad discusses his thoughts on gauging unit prices and outcomes.

22:15 - Chad provides insight into underwriting the tenant and their company's financials.

31:36 - Chad touches on triple-net leases. managing material prices, rent control, and retail markets.

34:33 - Chad explains his most challenging deal and what he could have done differently.

Guest Website:

Chad's youtube channel

Chad's twitter

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Flash Back Friday Episode is from Episode #131 that originally aired in December of 2016. Bill's experience spans more than 35 years and includes the acquisition, development, and/or sale of more than $4 billion of real estate and real estate-related investments, including 50,000 units of multi-family, 1.5 million square feet of retail, and 5 million square feet of office and industrial properties.

I think it's safe to say that Bill has been there and done that and I'm positive that you'll gain a ton of knowledge from our time spent together.

Here's What You'll Learn:

• How he got his start in the brokerage side of the business before transitioning into land development.
• Why Bill feels being a broad-based value-add opportunistic investor versus an asset specific investor has been a big part of his overall success.
• Details on a recent $48.5 million dollar retail power center acquisition in Reno, NV, and his plans to take the center from 71% occupancy to 93%+ within the first year. In fact, hear the details on how his team was able to secure a good amount of LOI's on the vacant space before even closing on the property.
• The reasons behind his companies short-term hold strategy and why he focuses on an average of a 3-year hold versus long-term cash flow plays.
• The challenges that he feels the retail sector is facing in the future and how his firm is adapting to these market shifts.
• What his crystal ball is telling him about the real estate recovery and what his company is doing to prepare for any coming shifts.
• Why he is a firm believer in the old adage "you make your money on the buy"
• Why he suggests that every real estate investor reads "margin of safety" by Seth Klarman but I will warn you, the book is no longer in print and a used copy will run you $800 on amazon.
• Why reputation and integrity are everything in this business and why he feels that these two items should be first and foremost when building your business.
• And much more

Recommended Resources:

• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Download my free success guide, "7 habits of highly successful multi-family investors" by going to 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/KT36S

Today's Mobile Home Park Episode is from Episode #98 that originally aired on January 4, 2016.

Learn About Investment and Partnership Opportunities with Kevin and His Team

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Brad Sumrok is a Real Estate and Multifamily Investment Expert.

Brad is a nationally known educator and mentor in the multifamily investment space. Getting his feet wet back in 2002, he has since owned over 8,000 apartment units throughout 11 US markets. In addition to his own investment endeavors, Brad has taught thousands the proven, time-tested essentials of how to profitably invest in Apartments buildings and find their fast path to retirement and passive income through his rat race to the retirement training program.

Quote:

"The way we are underwriting deals will be different than three months from today." "We not using double-digit rent growth in any underwriting, but what we are doing is getting ahold of industry data…there's a whole variety of multifamily data that can be very down to the one-mile circle around your property."

Highlights:

02:18 - Brad tells listeners more about his background in real estate.

07:05 - Brad dissects his first real estate deal.

15:14 - Brad discusses his thoughts on modern business models and insight from his mentors.

23:46 - Brad talks about rent growth, underwriting opportunities, and projections.

29:00 - Brad provides insight into how he guides his students through rent projections and underwriting.

32:04 - Brad discusses the impact of the Russia-Ukraine war on real estate.

34:46 - Brad dives into what he's excited about outside of real estate. Guest Website:

https://bradsumrok.com/

Learn About Investment and Partnership Opportunities with Kevin and His Team

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Flash Back Friday Episode is from Episode #115 that originally aired in June 2016. Our guest for this week's show is Commercial Real Estate and NNN expert, Alan Fruitman.

In today's show, we'll be speaking with Alan in detail about the opportunities that exist in investing in NNN credit tenant properties and why he feels that this investment type represents some of the lowest risk and most passive forms of real estate investments that exist.

Alan eats, sleeps, and breathes NNN investments on a daily basis and it shows during our time together. If you've never considered NNN credit tenant investments as a potential investment vehicle, then you really need to listen in as you might just come to the realization that NNN investments are a perfect fit for your investment model.

In this show with Alan you're going to learn:

• How Alan fell into the niche of NNN investments.
• What a NNN property is and why these types of properties offer many benefits to real estate investors who are looking for passive investments that will take very little of your time to manage.
• Why Alan feels that NNN investments are one of the safest and lowest risk types of real estate investment available.
• Why location is everything when it comes to NNN investments.
• The 3 fundamentals that make for a great NNN investment property
• The average length of a lease on a NNN property.
• The reasons why banks also love NNN properties and the various types of financing that are available for these investment types.
• How to find available high-quality NNN properties available for sale.
• The 9 different warning signs that every NNN investor needs to be aware of
• How Alan found his mentor who trained him in this particular niche of NNN properties.
• And much more

Learn About Investment and Partnership Opportunities with Kevin and His Team

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Today's Mobile Home Park Episode is from Episode #118 that originally aired on July 02, 2020.

Learn About Investment and Partnership Opportunities with Kevin and His Team

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Orest Mandzy is a commercial real estate expert.

Orest is a Managing Editor of Commercial Real Estate Direct. Orest has been at the forefront of reporting financial news and information for over 3 decades now, and for more than 20 of those years, he's been leading the charge at Commercial Real Estate Direct, the leading resource for the commercial real estate investment space.

Quote:

"What happens in the office market will influences how well the retail market works in New York." "One of the things we are very focused on right now [is that] multifamily rents have been climbing 18-20 percent and it doesn't seem like that's stopping—they're continuing to climb simply because supply and demand, in most markets…the affordability is going to impact the tenant base."

Highlights:

01:57 - Orest tells listeners more about his background in real estate.

04:25 - Orest details the most unexpected commercial outcomes he saw over the past two years.

08:30 - Orest discusses his perspective on CNBS debut and fallout within the hospitality space.

13:18 - Orest talks about the future of the New York City commercial real estate market.

15:07 - Orest provides insight into the re-adaptive use of commercial properties.

17:36 - Orest touches on rent control.

20:05 - Orest explains what it was like taking over a company and the biggest lessons learned.

24:50 - Orest talks about the biggest trends within the last decade.

28:54 - Orest dives into crowdfunding.

31:50 - Orest discusses the future of Build-to-Rent.

Guest Website:

https://crenews.com/ https://crenews.com/author/omandzy/

Recommended Resources:

• Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
• Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
• Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
• Grab a free copy of my latest book "The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
• Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2