Real Estate Investing for Cash Flow with Kevin Bupp

Today's Flash Back Friday Episode is from Episode #96 that originally aired in December of 2015.

Our guest for this week's show is Commercial Real estate investor and published author, Jim Randel. I first learned about Jim after reading his popular book many years ago titled "confessions of a real estate entrepreneur". Like I do with a lot of the books on my book shelf, I often pick them up and scan them as somewhat of a reference manual and after re-reading Jim's book a few months back I thought that he'd make a wonderful guest for our show.

Jim has a broad range of investment experience and has been involved in just about every type of real estate investment. I think one of the most exciting things about this show today, is the fact that Jim had humble beginnings and got his start like most of us do by investing in single-family homes before moving onto commercial real estate. So in today's discussion, Jim will share with us his progression from single family investor all the way to a commercial investor who at the time of this recording has more than $60 million dollars of active projects happening.

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

• How Jim got his start by investing in single-family homes before moving on to bigger commercial real estate deals.
• How he structured the partnership with his first financial investor and money backer.
• How he overcame his fear in moving from single family home investments to commercial real estate.
• Why he and his team prefer value-add deals which are located in extremely high growth and high demand areas.
• What advice he would give investors who are looking to move from single family or smaller residential investments into commercial real estate.
• What he's learned from the multiple real estate down cycles that he's experienced throughout his career.
• What Jim would do if he lost everything today and were forced to start all over with no money and no contacts.
• 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

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

Ken Gee is a real estate investment expert.

Ken is the Founder and Managing Partner of KRI Partners and the KRI group of companies. Throughout his career, he has been involved in transactions valued in excess of $2.0 billion, much of which has included the acquisition, management, and financing of various multi-family real estate projects as well as playing a significant role as a member of due diligence and transaction structure planning teams for several private equity firms specializing in the small and middle markets.

Quote:

"We analyze the rent roll and try to assess risk to the upside. So the first is comparing what the sellers in place lost to leases—consider that the least risky then we take a look at a more risky bucket of upside…then we take a look at the riskiest of the three which is the value we are going to create with amenity improvements or whatever we are going to do."

Highlights:

2:03 - Ken tells listeners more about his background in real estate.

06:11 - Ken shares the types of assets his group goes after.

8:42 - Ken discusses what his group does to identify great performing properties.

11:35 - Ken talks about how people can financially model the next few years while not missing out on opportunities.

14:49 - Ken provides insight into the pros and cons of vertical integration.

17:18 - Ken touches on his favorite markets in South Florida.

19:30 - Ken explains buying existing product versus ground-up development.

20:33 - Ken talks about his current investments outside of his group.

22:25 - Ken answers Kevin's golden nugget question.

26:31 - Ken gives some advice when investing.

Guest Website:

https://www.kriproperties.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

Today's Flash Back Friday Episode is from Episode #198 that originally aired In October of 2018.

In this episode of the Real Estate Investing for Cash Flow Podcast, Kevin shares the mic with CEO of Praxis Capital, Brian Burke.Brian started his career like many Real Estate Professionals typically do: By Flipping or Holding Single-Family Homes. Surprisingly, his career exploded between 2008-2010 at the height of the Recession as he focused all of his attention on purchasing distressed Real Estate.Now at 2000 doors, Brian and his company are now setting their sights on 10X'ing that number to 20,000 doors -- or die trying. Enjoy this episode as Brian dives into exactly what's in store for Praxis in the upcoming years.

Highlights 10:21 - Brian talks about the shift Praxis is making. Why 20k doors, and how will Praxis do it? 13:05 - How has Brian shifted leadership within his company to account for the big change? 17:13 - What are some of the benefits of chasing institutional capital for this growth? 19:48 - What really excites Brian about the market right now? 25:50 - How has Brian been able to attract Top Talent? 36:56 - What is the best piece of advice Brian has ever recieved? 38:37 - How did Brian get his head back in the game after the Recession?

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

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

Ken McElroy is a Real Estate Investment Expert and Best Selling Author.

Ken has experienced great success in real estate–from investment analysis and property management to acquisitions and property development. With more than $3.8 billion of real estate purchased in the last 2 decades, Ken offers a unique perspective on how you will get the biggest return on your investment dollars.

Quote:

"You have to actually ask yourself those questions: What was good? What was bad? And what did we miss here?"

"There are a bunch of factors, especially with this pandemic, that has changed migration for good. One is political, but you are going to start to see the policies for being a landlord or even property taxes, I think are going to shift peoples views on where they want to own stuff…then you have the weather, safety issues, work from home issues…"

Highlights:

1:54 - Ken tells listeners more about his background in real estate.

07:02 - Ken shares his thoughts on the current cap rates and real estate market.

12:32 - Ken discusses the issues around the properties his company wasn't able to flip.

18:03 - Ken talks about how to identify the great performing properties from those that aren't.

21:08 - Ken provides insight into how he is preparing for the future.

26:43 - Ken touches on his company's current investments.

29:25 - Ken describes the risks and interest rate expansions with his deals.

33:59 - Ken explains the determination of rounding-up and existing in the market.

38:40 - Ken considers the imbalances of C-Grade properties and their risks.

44:54 - Ken answers Kevin's golden nugget question.

Guest Website:

https://mccompanies.com/ken-mcelroy/

https://kenmcelroy.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

Today's Flash Back Friday Episode is from Episode #171 that originally aired in February of 2018.

Brian and his wife currently own and manage five Laundromats as well as several other private business and Real Estate ventures. Additionally, in 2009, Brian also co-authored a book titled, "Seize Your Opportunities - How to live your life without limits", was an expert panelist at the laundry industries Semi-Annual Clean Show tradeshow, and was elected to the Board of Directors of the Golden State Coin Laundry Association where he now serves as President.

In addition to his entrepreneurial ventures, Brian also devotes time to giving back to others by speaking to kids in schools about being an Entrepreneur, teaching educational classes around Laundromat ownership, and helping others achieve their dreams through one-on-one coaching and mentoring.

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

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

Drew Wahlgren is a Commercial Real estate expert.

Drew is the Co-Founder and Director of Capital Markets for MAG Capital Partners. MAG Capital Partners specializes in sale-leasebacks, net lease investments, and various development projects throughout the US.

Quote:

"We are really purchasing a property from a commercial business that has generally operated on a property for a long time."

Highlights:

1:20 - Drew tells listeners more about his background in real estate.

08:02 - Drew shares his thoughts on sale-leaseback strategies.

12:40 - Drew discusses the utilization of capital from sale-leasebacks.

14:27 - Drew talks about transaction sizes and a deal that MAG Capital has passed on and why.

18:50 - Drew provides insight into how to mitigate risk.

24:14 - Drew touches on MAG Capital's typical hold period.

25:46 - Drew talks about the tax advantages to his company's industrial properties.

26:57 - Drew speaks about sourcing deals for sale-leasebacks.

31:25 - Drew answers Kevin's golden nugget question.

Guest Website:

https://magcp.com/home/

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 #113 that originally aired in May of 2016.

Our guest for this week's show is Ground Lease Investment Expert and president of ground lease capital partners, Steven Waldman.

In today's interview with Steven, we're going to discuss how to generate long-term and low-risk income streams by investing in what he calls the "ultimate passive commercial investment vehicle", which are ground leases.

Steven is one of the foremost experts in the industry and has spent his entire career focused on this specific niche, and having been involved in more than $1.5 billion dollars worth of transactions, I'd say he's highly qualified to speak with us today on this exciting topic.

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

• How Steven got his start in the ground lease business and why he feels it's the best investment vehicle available when compared to other traditional commercial investment types.
• What exactly a ground lease is and how they are structured for investors
• The benefits of a ground lease for both the landowner and the building owner or developer who will be building on top of the leased land.
• Why ground leases typically make better passive investments than credit tenant NNN net investments.
• What happens in the event of a default on a ground lease agreement and why the landowner is in a very safe position
• Learn about the strategy of purchasing an existing property and selling off the land lease component and how you can utilize this creative technique in your own business.
• 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