Real Estate Runway

Chris Odegard is here with us today to discuss the hierarchy of investors and how different types of investments are advantageous. He explains that, as an individual investor, it is important to understand the advantages and disadvantages of each type of investment in order to make informed decisions. Chris also emphasizes that individuals need to learn how to invest for themselves and become smarter about their finances in order to achieve wealth over time. He gives the example of commodities and performing debt notes as two alternative assets that can help people build wealth over time. 

Chris Odegard is The Prolific Investor. Chris is an average guy who had a white-collar job in the corporate world and followed the only thing he knew for decades, conventional wisdom and conventional investments. This worked relatively well until 2009 when he experienced an illiquidity event where he lost 55% of his assets and thousands of dollars per month in cash flow. Then, Chris read Robert Kiyosaki’s Rich Dad Poor Dad, and his mind was opened to a different type of investing, investing in real assets and private deals mostly insulated from the volatility, risk, and taxation of the stock market. In just nine years, Chris recouped the 55% he had lost and multiplied it many times over.

Tune in to learn more about Chris’s alternative investment strategies!

[00:01 - 08:13] Opening Segment

• Introducing Chris to the show
• • From engineer to multifamily investor
  • Brief background
• Chris’s book, “Get Off Your A$$ and Manage Your Money”

[08:14 - 14:40] Alternative and Conventional Investments

• Alternative investment versus conventional investment
• The four asset classes
• • Paper
  • Commodities
  • Real assets
  • Private shares of small businesses
• What is the conventional investing wisdom and why it doesn’t work with the 92% of Americans

[14:41 - 19:41] Alternative Assets

• Higher returns on alternative assets
• Depreciation is a built-in tax advantage

[19:42 - 26:38] Lightning Round

• What is your superpower?
• • Taking complex things and then bringing them down to 1-page infographics
• What is your biggest failure?
• • Not diversifying assets
• Chris’s book, “Get Off Your A$$ and Manage Your Money”
• • The four asset classes, the hierarchy of investors, and more
  • See the links below to know more!

[26:39 - 29:24] Closing Segment

• See the links below to know more about Chris
• Final words

Quotes:

"When you get to where you have a little money, you're in the best position ever because everyone needs operators. But when you're the one with the money, you have a lot of ability to go and make money without doing anything." - Chris Odegard

"So when I was first on this journey, I was very enamored with private equity. So this is buying private shares of small businesses. And as we've all heard, the majority of startups fail." - Chris Odegard

You can connect with Chris through LinkedIn and Facebook, or you can visit www.TheProlificInvestor.net. Have a virtual coffee with Chris! Click here to know more. 

You can also support LEAP Global Missions. That's what Chris is supporting! https://www.leapmissions.org/

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Yona has been a cost segregation expert for many years. He is very knowledgeable about the real estate market and can help you understand how to make the most out of your investments, whether you're buying or selling a property. In this episode, Yona will discuss cost segregation and why it's important in understanding how to make the most efficient use of your money when investing in real estate. He will also share some lessons he has learned from working with Madison SPECS, as well as tips on how you can add value to multifamily properties. 

[00:00 - 06:54] Opening Segment

• Welcoming Yonah to the show
• Cost segregation in real estate investing
• Taking advantage of potential tax deductions
• • Madison SPECS

[06:55 - 15:45] Real Estate Investing: Lessons Learned from a Veteran

• Experienced investors who are warning about a coming crash
• Being comfortable with risk and understanding the environment in which you are investing

[15:46 - 23:43] Creative Ways to Add Value to Multifamily Properties

• Mobile home parks as the next asset class
• Yonah talks about how it is okay not to be the best at everything

[23:44 - 27:20] Closing Segment

• See links below to connect with Yonah
• Final words

Quotes:

"What I am seeing is people being creative and finding out ways to add value and not just in the traditional way of just raising rent, but finding redevelopment or finding repurposing or adding different amenities that can make more money or can do things like that." - Yonah Weiss

"The best time to invest in real estate is yesterday. The second best time is today." - Yonah Weiss

You can connect with Yonah through LinkedIn and Instagram, or you can visit www.yonahweiss.com. Listen to his podcast called “Weiss Advice” through Itunes. To support Yonah’s philanthropic ventures, you can visit We’re In It Together,  Hornisteipol, and United Hatzalah.

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Chad Sutton talks about how cap rates and multifamily will go under 4% across the board and stay there because of the effects of inflation, tokenization of real estate, and quantitative easing. He also believes that the assumption loan market will rise in cost due to demand for real estate assets. Additionally, inflation is currently at around 7.5%, which is above the rate that most people are expecting to experience in their everyday lives. Lastly, the current state of the market is due to quantitative easing and the effect it has on real estate prices.

[00:01 - 07:27] Opening Segment

• Why cap rates on multifamily properties are going to sub 4%
• • Inflation, interest rates,and the effect of quantitative easing

• Renting is the now owning
• • Cap rates for rental properties are currently at 74%
  • Huge demand for rental housing
  • The concept of tokenization of real estate

[07:27 - 15:12] Real Estate Tokenization’s effects on Interest Rates 

• The relationship between interest rates and cap rates in the real estate market
• The effects of quantitative easing on the real estate market.
• The role of supply and demand in pricing real estate assets.
• Interest rates will affect cap rates in the rising direction
• 100 basis points or 1% increase on rates

[15:13 - 16:35] Closing Segment

• Will the real estate market continue to be robust?
• The cyclical nature of the real estate market 

Quotes:

"The way it's going to manifest itself, I do believe, is you're going to see an increase in pricing. And why is that? Because pricing is commensurate with the cost of capital."

"I still see real estate as a very robust market. I see it as a very robust investment."

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Anthony Scandalia from Red Knight Properties joins the show to discuss what they do and how they're helping to improve the real estate market. Anthony is a long-time real estate investor who has worked in many different markets around the country, including Nashville and Memphis. He's now located in Northern New Jersey, which has given him a unique perspective on the current market conditions. With a track record of building and managing portfolios that deliver dependable cash flow and equity upside, Anthony discusses how his company helps tenants move into better neighborhoods and offers advice on how to invest.

[00:00 - 03:35] Opening Segment

• I welcome Anthony to the show
• CEO of Red Knight Properties
• Effects of pandemic in acquiring and managing portfolios
• Focusing on workforce housing and job growth

[07:00 - 23:18] Real Estate Market and its Stability

• Investing in the housing market before and after pandemic

• Anthony’s advice on trading during when markets destabilize

• The current market conditions and the risks associated with high leverage financing

• Sensitivity analysis is important in underwriting

• Wage inflation is real and affecting everyone from the bottom up\
• Anthony shares some of their future plans
• • Not relying on the market

[23:19 - 30:12] Closing Segment

• What is your superpower?
• • Multitasking
• What is your biggest failure?
• • Not hiring the right team from the beginning
• Support Anthony’s philanthropic cause!
• • Breast Cancer Foundation by Susan G. Komen
• Final words
• See links below to connect with Anthony

You can connect with Anthony through LinkedIn, Instagram, Facebook, and Twitter. Check out his podcast, “Discovering Multifamily”. Visit www.redknightproperties.com to know more.

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Welcome to a new segment called “Chad’s Soapbox”! In this episode, we're going to be talking about the different expenses associated with owning a property - like utilities, property taxes, and management. We'll also be discussing capex - or "capital expenditure" - which is all about new investments that can add value to the property. Finally, we'll be giving an overview of how to calculate a property's cap rate, which is a key metric in determining investor interest.

[00:00 - 01:38] Opening Segment

• Cap rates and its effect on a dollar
• • Net operating income minus total operating expenses
• Cap rate is a measure of how a property is priced, relative to its net operating income
• • The lower the cap rate, the more overpriced the property is

[03:09 - 10:01] Measuring a Property’s Cap Rate

• Property tax, insurance repairs, and maintenance
• Capex versus Opex

• Operating expenses are everything

• Determining whether a renovation is a capex or an incidental expense
• Keeping the property’s capex as low as possible
• • Maximizing the returns

[10:02 - 11:16] Closing Segment

• Final thoughts on capital management

Quotes:

“When you're looking at a property and you're trying to decide whether or not it's worth investing in or not, what you want to do is figure out what the cap rate is on that property. And the cap rate can vary quite a bit depending on the market. It can be really high or really low.” - Chad Sutton

"When you're renovating units, it is also very possible. When you're doing a value add plan on one of these buildings, it's also very possible to determine if this item is something that I can put in the Capex area below the line." - Chad Sutton

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

If you’re looking for a marketing guru to help you get your message out to the public, then Logan Freeman, a commercial real estate agent with years of experience, is perfect for the job. He'll teach you the basics of commercial real estate marketing so you can be successful in your negotiations and sales. Commercial real estate investing is an exciting and lucrative field that can offer great opportunities for those who are willing to take the necessary risks and invest in quality properties. FTW Investments, founded by Logan, will provide us today with systematic and simple coaching and delegation tools that can help newbies navigate this challenging industry. They’re a team of experienced professionals with decades of experience in the industry, and our mission is to help you achieve success in real estate.

[00:00 - 06:12] Opening Segment

• I introduce Logan to the show
• • A real estate investor, broker, and developer
  • Founder and chief development officer of FTW Investments LLC
  • Worked as an NFL football player for the Arizona Cardinals and Minnesota Vikings
  • How Logan transitioned to the real estate industry

[06:13 - 18:38] Mastering the Real Estate Space

• Transitioning from single family to commercial multifamily
• How FTW Investments is focused on having better SOP’s

• How being an NFL player has prepared Logan

• Logan talks about finding your “sweet spot”

• • Combining passion with your strengths
  • The importance of clear expectations and setting boundaries for team members
• Business owners’ comfort in uncomfortable conversations

[18:38 - 28:30] Leadership and Currency

• Logan talks about how leadership should be developed gradually
• The importance of delegation
• Making children better equipped at an early age
• The three main factors that Bretton Woods was created to address 
• • The long term debt cycle 

• We talk about how the dollar is tied to a lot of things

• The Risks in multifamily investments

[28:31 - 34:55]

• Retail opportunities and office space
• De risking investments to mitigate risk
• Individualization as Logan’s super power
• The effects of not heeding other people’s advice

[34:55 - 37:38] Closing Segment

• Final words
• See links below to connect with Logan

You can connect with Logan through LinkedIn, or you can visit www.ftwinvestmentsllc.com.

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Quotes:

"So when I put my feet in the mud, that was the moment that my identity changed." - Logan Freeman

"The most important aspect is for whoever's running the business to understand what their sweet spots are and get out of the things that are not creating that energy." - Logan Freeman

"The art of leadership does take time, because think about training your kids to tie their shoes and you're trying to get out the door in 15 minutes before the traffic hits." - Logan Freeman

"My biggest failure is thinking that I could do it all early on. Everything." - Logan Freeman

Today is "bring mommy to podcast" day! With that being said, I welcome you Tammy Sutton, Director of Operations with Quattro Capital, and most importantly my mother to share with us her expertise and passion on real estate. Tammy will share how she provides the best service possible to Quattro Capital's investors. She will also teach us how journaling is a great way to overcome fear.

As a director of acquisitions and one of the five managing partners of Quattro Capital, Tammy has 15 years of education and five years as a small business owner. The passion she had for teaching has now been renewed as a passion for multifamily investing because of the positive impact that results on residents, neighborhoods, and people. Tammy's professional experience includes five years as a paralegal (when I was a baby) and five years owning her own small business.

If you want to learn how to have a winning mindset and how to emotionally invest in your business, this episode is for you!

[00:00 - 06:17] Opening Segment

• Tammy shares her background and work
• Director of acquisitions and one of the five managing partners of Quattro Capital.
• She has 15 years of education and five years as a small business owner.
• Marketing material and presentations

[06:18 - 19:50] From Being an Elementary Teach to a Successful Business Owner

• Tammy shares how limiting beliefs influenced her childhood
• How their new marriage and subsequent child led to a decision to become a stay-at-home mom
• Worked as a paralegal out of their home for several years
• Transitioning out of teaching
• Over time, education became more corporate and less focused on what was best for the students
• Tammy shares how she ultimately transitioned from teaching

[19:51 - 33:11] Love and Support in Business

• Tammy shares a story with her sister
• How family helped Tammy overcome fear and limitations
• Tammy's love for children

[32:33 - 36:32] Closing Segment

• Emotional Intelligence by Daniel Goleman
• Tammy encourages you to support the Fannie Battle Day Home

Resources Mentioned:

• Emotional Intelligence by Daniel Goleman

To connect with Tammy, you can visit www.thequattroway.com.

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Quotes:

"I get my creative kick when I am helping generate the business plans to show our investors and things like that. So I get to do a little bit of everything." - Tammy Sutton

"(Limiting beliefs) is like the Force in Star Wars. You don't understand what the Force is" - Tammy Sutton

Are you looking for ways to protect your income streams with safe alternative methods? In this week’s episode, CEO and founder of Pantheon Investments Dave Wolcott will shed light on how he helps busy professionals passively invest in top real estate assets. Dave is also the author of “Holistic Wealth Strategy”, which outlines the steps and strategies into achieving financial freedom.  

Let’s jump right in and learn the holistic approach to growing your wealth!

Getting to know Dave [00:01 – 5:16]

• Debunking the conventional wisdom 
• Freedom of purpose, relationship, and location

[5:16 - 22:44] The Holistic Wealth Strategy

• Setting your vision
• • Focusing on your mindset 
• The infrastructure phase
• • Help investors setup banking strategy
  • Estate planning and protection
• Asset repositioning
• • Looking at your own portfolio not in a wall street perspective
• Achieving massive passive income

The Quattro Trio [22:45 - 27:28]

• What is your superpower?
• • Creating a trusting and meaningful relationships
• What is your biggest failure?
• • Going 100% in the business without the holistic wealth strategy

Want to connect with Dave? Follow him on Linkedin and Twitter. Get a free copy of The Holistic Wealth Strategy by visiting pantheoninvest.com/wealth-strategy. 

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Resources Mentioned:

• Rich Dad Poor Dad - Robert Kiyosaki
• Man of Class Podcast - Eric Yusko

Tweetable Quotes:

“We all learn how to make money. But nowhere is it taught how to protect and grow your money.” -  Dave Wolcott

“If you don’t have a vision, and you set your target, you’re gonna miss every time. ” -  Dave Wolcott

Are you familiar with the family office concept? What if this is the best chance to reach financial freedom? In this week’s episode, we have an insightful conversation with Clay Hepler, the Chief Wealth Strategist of Creative Capitalist, a wealth creation firm helping clients in 50 states implement wealth creation strategists to empower them to create, protect and multiply their cash flow.  His goal is to help 10,000 entrepreneurs and real estate investors in their plan in reaching financial independence by December 25th, 2024 so that they can live their legacy today on their terms.  Clay challenges existing belief systems and misinformation around concepts such as money, saving, investing, wealth and retirement.

Let’s jump into how to accelerate your path to financial freedom and abundance!

Getting to know Clay - [00:01 – 08:38]

• Clay’s experience having a partnership with Geoffrey Zakarian
• Clay shares his background and work
• • Why he went from working in the US Embassy to joining his family business
  • How he got familiar with insurance policies

 How to Accelerate Your Path to Financial Freedom and Abundance with Clay Hepler [08:39 – 25:51]

• Clay introduces the Creative Capitalist Company
• • A designed life insurance policy that gives you early cash value and liquidity
• The difference between the infinite banking and the Creative Capitalist company
• Clay explains the family office concept
• • A structure that is very ultra-high net worth families
• Why it is key to create a network of people vs the uncle effect
• The process clients go through when reaching Create Capitalist

The Quattro Trio - [25:52 - 32:22]

• What is your superpower?
• • An unhealthy or healthy obsession with getting all the right answers
• What is your biggest failure? 
• • The scarcity mindset that he has had for the majority of my life.

Want to can connect with Clay? Follow him on LinkedIn and Facebook. You can also reach him at 412-552-3029. Head to Creative Capitalist, and take advantage of the FREE WEBINAR!  

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Resources Mentioned:

• Becoming Your Own Banker - Nelson Nash
• Creative Capitalist Podcast
•  

Tweetable Quotes:

“The function of this life insurance policy is to capture the most amount of cash flow in your own personal economy that can be redeployed into purchasing assets.” -  Clay Hepler

“The vision for the company is to give people opportunities that are interested in getting involved in real estate and other asset classes passively, and creating a financial plan around that.” -  Clay Hepler

“The goal of [Creative Capitalist] is to have a community that can facilitate an open conversation about what's the best thing for you and your family.” - Clay Hepler

There are several alternative investment strategies within the realm of real estate that will enable you to diversify and expand your portfolio. In today's show, I’ll be talking about one that can bring along amazing benefits in your business journey. Our guest, Evie Brooks, shares the advantages of investing internationally, specifically in Panama, and breaks down seven reasons why people would want to invest in this country.  

Evie is a former Advanced “Rich Dad Poor Dad” Trainer, Real Estate Educator/Investor, and My Panama Vacation Realty Founder. She has guided thousands of investors for 24+ years through the process of locating, evaluating, and analyzing transactions for cash flow and ROI (Return On Investment) in 13+ countries and 30+ states in the United States. Evie currently specializes in real estate and agriculture investments in Panama and does regular VIP Tours for investors (14 maximum at a time) where they visit hard-to-find deals and smart greenhouse farms.

If you want to gain a deep understanding of the seven reasons why you should invest in Panama, this episode is for you!

Getting to know Evie - [00:01 – 04:31]

• Evie shares her background and work
• • Her passion for being a real estate investor educator
  • Her experience working with the Rich Dad, Poor Dad organization
  • Why she decided to start investing in Panama

7 Reasons Why You Should Invest in Panama   [04:32 – 22:56]

• Evie breaks down seven reasons to invest in Panama
• • US real estate prices are out of control vs Panana
  • Panama is more of a business vs a vacation
  • It is a growing economy with tax breaks
  • There are great off-market deals 
  • You can make your money when you buy a property
  • Affordable plan B home opportunities
  • Affordable agriculture investments 

The Quattro Trio - [22:57 - 29:06]

• What is your superpower?
• • Being an educator
• What is your biggest failure? 
• • Costa Rica when the market crashed in 2008
• Evie encourages you to support St. Jude's Hospital and Tower for Tunnels

Want to can connect with Evie? Follow her on LinkedIn, and Instagram. Go and check out Evie Brooks, have a 30-minute free consultation, and learn the three simple steps to build a real estate portfolio without stress, fear, or sweat equity! Don’t forget to visit  My Panama Vacation Realty. 

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. 

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Tweetable Quotes:

“[In Panama] you've got a lot of economic growth based on the economy as far as different industries. It's not just like you said, a one-horse town. So there's just a lot of opportunity.” -   Evie Brooks

“The money is made in the buy, not for sale” -  Evie Brooks

“One project and one developer is not going to fit everybody's needs, you're going to have different desires, geographic locations, types of strategies. You have to have multiple exit strategies when you're looking at real estate investing.” - Evie Brooks