There is one particular Megatrend that’s barreling toward us and nobody wants to talk about it…

I don’t blame them, it’s not the most exciting. However, we need to face the facts…

Every day, 10,000 Baby Boomers turn 65, and…

By 2030, 1 out of every 5 Americans will be over retirement age.

That means there will be more retirees than people under 18 years old!

The question is, where are all our loved ones going to live as they get older?

Unfortunately, the U.S. senior-living industry is projected to be short ~1,500,000 units by 2030. Additionally, the vast majority of the new units are being built in the most expensive price range.

Stuart Keller of Lloyd Jones, sees a tremendous investment opportunity. Stuart and his partners are developing incredible senior-living communities for the 60% of seniors who are currently underserved.

If you want to learn about their creativity and innovative strategies, such as hotel conversions, and learn about this BOOMING investment opportunity, you got to tune in to today’s episode!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Stuart, you can find him at:

Website: https://lloydjonesllc.com/

Stuart’s LinkedIn: https://www.linkedin.com/in/stuart-keller-cam-27547b37/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

Can’t Hurt Me - David Goggins

Extreme Ownership - Jocko Willinck

Where do good business ideas come from?

Some ideas are crafted over years of careful planning.

Some people are just struck by sudden inspiration…

Often, the best ideas are standing right in front of you.

If you experience the same problem repeatedly day after day, you might be on the brink of something great…

Grant Weiss started his career working in institutional real estate investments, and after years of frustration using the same outdated and glitchy software, he knew there had to be a better way.

With no background in software engineering, he began teaching himself how to code by building a more powerful and effective software, which is now his company, RockVal!

If you have aspirations to build a company or you are interested in how Tech is impacting the real estate industry, I recommend tuning in to hear Grant’s story!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Grant, you can find him at:

LinkedIn: https://www.linkedin.com/in/grant-weiss-42b75347/

RockVal: https://www.rockval.com/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Here’s a question you’ve heard for as long as you can remember:

“What do you want to be when you grow up?”

Most of our answers have changed over time, and many of us are still asking the question.

Now, think back to the first answer you had to this question…

Many of us probably wanted to be an astronaut, an athlete, or a firefighter!

No matter what you wanted to be as a child, I challenge you to ask yourself,

Why were you drawn to that job, and how did you feel when you used to think about it?

Personally, when I think about the career I imagine for myself in commercial real estate, I’m filled with the same childish sense of excitement, knowing that I will play a part in building and enhancing the world that all of us live in every single day!

In today’s episode, Tucker Wells shares his advice for how to find opportunities that fit who you are and how to excel throughout the hiring process.

Tucker is the Head of Training and Careers at Adventures in CRE, and has years of experience helping college students and graduates start their careers in CRE, so you will not want to miss the tactics and guidance he shares in this episode!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Tucker, you can find him at:

LinkedIn: https://www.linkedin.com/in/tuckerwells/

A.CRE: https://www.adventuresincre.com/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

Shoe Dog: A Memoir by the Creator of Nike - Phil Knight

Starting a podcast is like diving into the deep end before learning how to swim.

But we all know you can’t learn to swim by just standing on the edge of a diving board…

After 40 episodes of Real Estate Milestones, I have grown in more ways than I could have ever imagined.

In today’s episode, Adam Carswell and I reminisce on how each of our journeys in podcasting began and how much each of us has grown as communicators since then.

We discuss how to be a powerful communicator, how to start a podcast, and some very exciting things to come!

The common theme in our stories is our inclination to take action at all points of our journey.

Before I first pressed record, I was worried that I wasn’t ready because I had not yet

found my voice.

Soon after, I realized the only way to find your voice is to use it.

This isn’t something that happens instantaneously - Trust me, check at the first few episodes…

But having the courage to jump in and take imperfect action is the most effective way to build the skills you need to accomplish the goals you thrive to achieve.

Adam, Thank you for giving me the push I needed at the beginning of all this. Without you, I might still be staring down into the water, getting lost in all the things that might go wrong. I’m excited to see what adventures our future holds!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Adam, you can find him at:

LinkedIn: https://www.linkedin.com/in/ixcarswell/

https://carswell.io/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

Rich Dad, Poor Dad - Robert Kiyosaki

Great Adam Quotes from today's Episode:

You got to be bad for long enough before you become good - Adam Carswell

Being a good listener is the best place to being to become a good communicator - Adam Carswell

This might sound counterintuitive, but I’ve learned more from my favorite fiction books than from the most informative non-fiction books…

When I first started learning about real estate, I would read book after book, practically pumping my brain full of information.

Once I began seeing the same points over and over, I thought, “now what?”

Needing a break from the business books, I picked up “Out of The Silent Planet” by C.S. Lewis and was taken on an adventure to Mars where I was forced to ask myself how I would react to a variety of morally challenging and life-threatening situations.

While I still read a ton of real estate and non-fiction books, I ended up learning more about my own worldview and the intricacies of human nature than I could ever have from the typical business how-to book, because I was drawn into the story by my emotions and learned deep life lessons from the fantastical tribulations of the characters.

Rich Fettke shares this same love for the power of stories and has combined it with his love of real estate.

In this episode, Rich and I discuss the themes of his latest book, The Wise Investor, which is the story of an overworked professional who realizes in order to be fulfilled, he needs to make a change in his life.

Tune in to hear how Rich has made over $1B in real estate investments, how he was challenged during 2008, and how he discovered his life’s purpose!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Rich, you can find him at:

RealWealth - https://realwealth.com/

LinkedIn - https://www.linkedin.com/in/fettke/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

The Wise Investor - Rich Fettke

Rich Dad, Poor Dad - Robert Kiyosaki

Optimize.me - https://www.heroic.us/optimize

Shownotes:

1:30 - Who is Rich Fettke?

4:30 - Rich had 6 months to live

7:30 - Growing the business and portfolio to $1.5B

13:00 - How 2008 slammed Rich and his real estate portfolio

16:40 - Why we are NOT in a repeat of 2008 in 2022

19:00 - How to persevere when Fear strikes

23:00 - Rich’s latest book!

25:00 - Why Rich wrote a real estate Story and not a non-fiction book

28:00 - The lessons to learn from his story

31:00 - Philosophy and Plato

33:00 - Best way to think about assets and liabilities

36:00 - Where Rich is investing

40:00 - Lightning round!!!

There are so many reasons I love living in New Orleans, but hurricanes are not one of them…

Hurricane Ida did $120B in damage, and 99% of New Orleans was left without power.

Unfortunately, Ida is probably not the last hurricane to affect our coastal cities and towns.

Thankfully, we have inventors with the audacity to design a solution.

David Atkinson is the Creator of the Z Sphere, which is a hurricane-resistant and energy-independent modular structure that can resist winds up to 250mph without losing a wifi signal!

David envisions a future where we can watch a hurricane pass by in the comfort of our home while we proceed with life as usual.

It’s inspiring to see Innovations like the Z Sphere as part of the next wave of sustainable infrastructure that represents humankind’s ability to persist through any challenge we face.

Check out today’s episode to hear David and I discuss the Energy Crisis, the future, and how the Z Sphere is reinventing real estate!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about David, you can find him at:

Z Sphere - https://myzsphere.com/

David’s LinkedIn - https://www.linkedin.com/in/david-atkinson-zsphere/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

Atlas Shrugged - Ayn Rand

Gulag Archipelago - Aleksandr Solzhenitsyn

The Long Emergency - James Howard Kunstler

Out of The Silent Planet - C.S. Lewis

Shownotes:

1:45 - How David got his start

7:30 - Why energy is what the economy is made of

11:50 - The problem with wind turbines

15:00 - How will we transition to the next source of energy?

17:20 - Why we need to make our buildings more important

20:30 - Building hurricane-resistant buildings

23:30 - How Disney inspired David

27:20 - The 1st Z-Sphere project

29:08 - Hurricane Ida

31:00 - How Z-Sphere works

37:20 - The economics of climate change

43:30 - Lightning Round!!!

Do most people start their real estate investing journey with single-family homes?

Many of my friends in the industry have told me the story of their transition from SFRs and fix&flips to CRE investing.

Here are a few of the reasons people have made the switch:

1. Better cash flow and appreciation.

2. Better financing options.

3. Economies of scale.

4. Easier to invest from a distance.

5. Can hire better 3rd party managers.

6. Can add more value.

7. Can do it passively.

Today’s guest, Aaron Kreymer, is transitioning to multifamily investing so he can accomplish more with the limited time he has. Aaron reveals what he has learned doing fix&flips and why he is not doing another one anytime soon.

Tune in to hear how Aaron plans to do his first CRE deal and to see what kind of investing is best for you!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Aaron, you can find him at:

LinkedIn: https://www.linkedin.com/in/aaron-kreymer/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

How I Built This - Guy Raz

Shownotes:

00:50 - Who is Aaron Kreymer?

2:30 - Common investment fears

6:00 - Aaron’s next deal

7:30 - Where are we in the market cycle?

10:00 - Differences between multifamily and single-family investing

13:30 - How Aaron lost money on his first deal

21:15 - How to find partners to do deals with

26:30 - Aaron’s experience in construction

30:51 - Lightning Round!!!

36:15 - How I would Invest $1MM Dollars!

When I heard this fact, I was shocked…

Before I met today’s guest, I thought dry cleaning was harmless.

But, little did I know…

The environmental contaminants produced by dry cleaners are even harder and more costly to clean up than gas stations!

Jim Cinelli is an Environmental Engineer and owner of Liberty Environmental, a consulting firm that helps real estate owners with their toughest environmental hazards.

In today’s episode, Jim explains that liquid dry cleaning chemicals are heavier than water, which means they sink below the layer of groundwater under the soil, while gasoline stays on top.

So when Jim’s team comes in to clean up the pollution, they got to DIG DEEP.

MORAL OF THE STORY:

Check a property’s history before sending out an offer!

And… tune in to today’s episode to equip yourself against more costly nightmares!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Jim, you can find him at:

LinkedIn: https://www.linkedin.com/in/james-cinelli-699ab61/

Website: https://www.libertyenviro.com/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

Crisis in Bethlehem - John Strohmeyer

Atlas Shrugged - Ayn Rand

Shownotes:

00:50 - Who is Jim Cinelli?

2:30 - What is environmental engineering?

5:10 - Career paths in environmental consulting

8:00 - Why every real estate owner needs Jim’s services

11:45 - Phases to environmental engineering reports

13:50 - Hardest environmental problem Jim has solved

18:30 - Newest Environmental Technology

21:30 - Who makes the environmental laws?

26:00 - How to mitigate environmental risk before problems arise

28:00 - Environmental Red Flags

30:25 - Lightning Round

Wait… Inflation is bad, right?

In his recent speech, Fed Chairman Jerome Powell emphasized his commitment to bringing inflation back down to his 2% goal (we are currently at 8.5%).

However, if you owned multifamily real estate over the last few years, inflation has been your friend as unprecedented rent growth has driven up property values and cash flow.

The question is:

Will the Fed’s actions to combat inflation cause and other trends cause a reversal in values?

Thankfully, in today’s episode of Real Estate Milestones, Kim Betancourt, an expert Multifamily Economist at Fannie Mae, unpacks all the metrics we must consider to answer this question.

With new housing supply being delivered and interest rates likely continuing to rise, understanding how the market dynamics are changing is essential…

So make sure to tune in to hear Kim’s projections on vacancy/concession rates, renter demand, and values over the next 18 months!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Kim, you can find him at:

Fannie Mae: https://www.fanniemae.com/research-and-insights

Twitter: https://twitter.com/kim_betancourt

LinkedIn: https://www.linkedin.com/in/kimbetancourt/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/h

Ben’s email: [email protected]

Resources Mentioned:

Pet Sematary - Steven King

Perelandra - C.S. Lewis

https://wildsidepress.com/

Shownotes:

2:00 - How did Kim end up in the real estate industry?

5:00 - Kim’s First Milestone

7:15 - Kim’s Outlook on the state of the multifamily market

9:32 - Headwinds that might hurt the investment market

11:10 - What will rent growth be going forward?

12:00 - Why Concessions are an overlooked trend in the industry

17:00 - The data shows the stimulus money is gone

18:30 - Vacancy Rate Trends

21:10 - Why Interest Rates affect Property Values (CAP RATES)

27:15 - Transaction Volume Projections

29:40 - Fannie Mae Initiatives that support Affordable Housing

34:35 - Lightning Round!!!

35:45 - Amazing story about Kim’s favorite book, “Pet Sematary”

Who else thinks that the real estate industry is long overdue for a technology upgrade?

The industry contributes almost $4 Trillion to global GDP every year, but most of the software the industry runs on looks like it was developed before I was born.

Luckily we have entrepreneurs like Perry Zheng, who is leading the way in bringing Silicon Valley speed and elegance to the real estate industry!

Perry is the Founder of Cash Flow Portal, a real estate syndication software and marketplace that connects passive investors with experienced real estate operators. After spending many years as a Software Engineer at Amazon, Twitter, and Lyft, Perry has brought his skills to the real estate industry and has helped sponsors raise over $500MM!

Perry is an impressive individual who offers a powerful first principle mindset that is destined to disrupt the industry, so make sure to tune into today’s episode to get an inside look into the ensuing technological upgrade to the real estate investing process!

Keep Making Milestones,

Ben Malech

Subscribe to my Mailing List!!!!

Click Here

If you want to learn more about Perry, you can find him at:

Check out Cash Flow Portal: https://www.cashflowportal.com/

LinkedIn: https://www.linkedin.com/in/perryzheng/

To learn more about Ben, connect with him through:

Ben’s Website: https://benmalech.com/

Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/

Ben’s email: [email protected]

Resources Mentioned:

Traction - Gino Wickman

How To Get Rich - Felix Dennis

Rich Dad, Poor Dad - Robert Kiyosaki

Y Combinator - Venture Accelerator

Shownotes:

00:50 - Who is Perry Zheng?

4:00 - How he discovered real estate

6:15 - The Engineer mindset - first principle thinking

10:10 - What is Cash Flow Portal?

12:20 - A unique explanation of real estate syndication

17:20 - What Problems does Cash Flow Portal solve?

20:30 - What Perry learned in Y Combinator

23:30 - Cash Flow Portal Video Demonstration

29:30 - How does that business work?

33:40 - Silicon Valley secrets that only insiders would know

36:00 - Lightning Round!

For all sad words of tongue and pen, the saddest are these, “It might have been.” – John Greenleaf Whittier