Real Estate Runway

What do you think about where you're going? What assets do you want to go into? What is the mindset you have to have to buy back your time?

Chad Sutton and Maurice Philogene lead listeners on a transformative journey toward financial freedom. They stress that financial freedom isn't merely about amassing wealth but about designing a life aligned with personal aspirations. Guided by the five freedoms—time, financial, geographic, purpose, and relationships—they debunk misconceptions, focusing on assets that generate income and highlighting the importance of intentionality in shaping one's financial trajectory.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com
• TikTok:@realestaterunwaypodcast

[00:00 - 10:07] Building Wealth with Purpose and Patience

• Today's episode is a Quattro round table edition discussing being a beginner to investing
• The goal is to replace time trading for income with assets that provide time freedom
• Maurice shares his journey of investing in real estate since his twenties, which has paid off greatly.
• The most important thing when beginning to invest in real estate is having a “why"
• Wealth is redefined as a tool for time and freedom, demanding dedication and strategic money management

[10:08 - 19:42] Balancing Today and Tomorrow: Practical Insights for Financial Freedom

• Pay yourself first and store the money until you have enough to buy an asset
• Striking a balance between enjoying the present and securing future finances through mindful choices
• Consider the money you put aside for assets as not yours anymore
• They emphasize choosing valuable assets with cash flow and growth potential while cautioning against speculative choices
• Maurice debunks the idea that vast wealth is essential for financial freedom, advocating for passive income covering crucial expenses for a more fulfilling life

[19:42 - 30:01] Strategic Work and Personal Goals

• Focus on five freedoms: time, financial, geographic, purpose, and relationships
• Increase income and decrease expenses to reach financial freedom goals faster
• Maurice and Chad emphasize aligning work with personal goals, focusing on essential tasks for efficient income growth
• Proactive planning and self-education lead to financial independence, offering a life of choice and fulfillment
• Change mindset to increase income and time freedom

[30:02 - 38:49] Final Thoughts

• Maurice and Chad emphasize income's pivotal role in building assets and crafting desired lifestyles
• Champion your individuality, break norms, focus on assets, and shape your own purpose-driven paths

Quotes: 

"You have got to pay yourself first. And if you have a life-related need that really requires money, wait for the next paycheck to come. Never robbed from your storage ever because that money doesn't belong to you anymore. That belongs to your future self." - Maurice Philogene

"Financial freedom is not instant. And even if you win the lottery, you still have not built up the skills to maintain it or to multiply it." - Maurice Philogene

Connect with Maurice through

Linkedin, Facebook,

Or visit https://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.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Stop Guessing! Learn About Real Estate Insurance Now!

In this episode, Micah Mattox, the founder of Real Protect Insurance, offers valuable insights into the insurance landscape in the context of real estate investment. He delves into the challenges the insurance market faces, particularly in states like Florida and Texas, due to losses, fraud, and shifting dynamics, emphasizing the importance of staying informed about insurance market trends and adapting to changes. Micah explores the access independent agencies have to carriers and the necessity of understanding real estate operations for effective property insurance. The discussion also extends to risk zones, legislative reforms, and the pivotal role of communication in the industry. Finally, he introduces Real Protect's innovative approach, leveraging relationships and tailored solutions to meet clients' diverse needs.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 07:32] Insights into the Insurance Industry: Challenges, Fraud, and Expertise with Micah Mattox

• Chad features special guest Micah Mattox, an insurance specialist from Real Protect Insurance
• From personal to commercial insurance, Micah's transition offers insights into contracts and legal aspects, adding a unique angle to his expertise
• With Florida driving 77% of U.S. insurance fraud, Micah delves into its causes and implications, highlighting his industry proficiency
• In the worst market in 40 years, Micah and Chad dissect losses, fraud, and reinsurers' roles, illuminating industry intricacies

[07:33 - 15:13] Real Protect's Reach, Relationships, and Solutions

• Micah highlights Real Protect's unparalleled reach with a network of 400 carriers, enabling customized solutions for clients
• He draws parallels between insurance and real estate, emphasizing the importance of personal relationships in securing favorable terms
• Delving into high-risk areas, Micah identifies regions facing insurance turmoil, such as parts of Florida, Texas, and Louisiana, exploring potential legislative reforms and complex solutions
• Micah outlines Real Protect's multi-faceted approach to assisting clients, including leveraging marketplace relationships, utilizing pool programs, and crafting specialized insurance solutions

[15:14 - 23:41] Philanthropy and Property Management

• Micah's superpower of clear communication shines through in both personal and business interactions
• His biggest business mistake was not learning the other parts of the marketplace soon enough
• Micah's philanthropic involvement with the Junior Chamber of Commerce, aiding underprivileged students and mentoring at-risk youth
• Micah offers practical advice for property owners to boost insurability, from maintaining updated systems to curb appeal and disaster preparedness

Quote:

"Insurance is relational just as much as real estate is something that you and all the investors listening are doing day in and day out just managing those relationships. We do the same thing. It is relational in that I'll use a company everybody knows or a carrier everybody knows travelers." - Micah Mattox

Connect with Micah through

LinkedIn, Facebook, or visit http://realprotect.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.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Be ahead of everyone else just by using the "MAP" (Measure, be Accountable, and be Proactive) technique!

With a focus on building meaningful relationships and leveraging mentorship, Gary Lipsky, co-founder of Break of Day Capital, a company that specializes in asset management in the Tucson and Phoenix, Arizona market, details his progression from single-family homes to multifamily properties. He underscores the significance of effective asset management, highlighting proactive communication with property management teams and meticulous tracking of key performance indicators (KPIs). Emphasizing the principle of underpromising and overperforming, Gary offers valuable strategies to ensure investor contentment and emphasizes meticulous control over property operations.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com
• TikTok:@realestaterunwaypodcast

[00:00 - 10:47] Gary Lipsky's Journey, Value-Add Strategies, and Asset Management Insights

• Host Chad Sutton is joined by Gary Lipsky of Break of Day Capital to discuss asset management and lessons learned from his diverse experiences that paved the way for his seamless transition into the dynamic world of multifamily real estate
• Drawing inspiration from his creative and business-oriented background, Gary recognized the significance of the "value add" approach in both single-family homes and multifamily properties
• He shares insights into identifying opportunities for improvement and growth, underlining how his unique perspective became a driving force in his real estate endeavors
• Gary introduces MAP – Measure, Accountability, Proactiveness – vital to effective asset management, revealing his keys to success in property management

[10:48 - 21:29] Strategies for Confidence, Proactivity, and Ownership Mindset

• Gary and Chad Sutton stress the significance of building financial buffers within pro formas, showcasing the value of conservative projections for investor confidence
• They highlight the power of weekly KPI tracking as a proactive cockpit for property management, enabling data-driven decisions and effective communication
• Gary's granular data insights unveil opportunities by scrutinizing occupancy and conversion rates, illuminating a path to maximize net operating income (NOI)
• Chad and Gary emphasize cultivating an ownership mentality to drive results, fostering collaboration and proactive thinking for enduring property management success

[21:30 - 28:22] Driving Success and Giving Back

• Gary unveils a strategic move; their recent acquisition of a substantial property in Tucson showcases their commitment to growth and innovation
• Philanthropy takes center stage as Gary discusses his company's contributions to combat sex trafficking and support education
• Gary's book, "Best in Class," offers a comprehensive guide to multifamily real estate investments, while his podcast, "The Real Estate Investor Podcast," provides valuable insights and knowledge to empower listeners

Quotes:

"Nothing goes perfectly. And if you have that mindset, you're gonna do very well because it's always herding cats being proactive." - Gary Lipsky

"You cannot see what you don't measure." - Gary Lipsky

Connect with Gary through

LinkedIn, Facebook,

visit http://www.breakofdaycapital.com,

or listen to The Real Estate Investor Podcast

Resources Mentioned:

Best In Class (book): https://www.amazon.com/Best-Class-Multifamily-Mistakes-through/dp/1544520891

Causes proudly supported by Break Of Day Capital: https://breakofdaycapital.com/giving-back/

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.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Do you want to learn the Triad of Success? Cultivating the Right Mindset, Pursuing Education, and Embracing Opportunities!

In this episode, real estate attorney Bethany LaFlam and Chad discuss the principles of building conscious wealth. They highlight three key elements: mindset, education, and access to opportunities. Emphasizing the significance of an abundance mindset, Bethany encourages continuous learning and investment in oneself through various educational resources. The conversation stresses the importance of leveraging networks and learning from others' experiences to identify potential opportunities and avoid repeating mistakes.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 11:34] Creating Conscious Wealth with Bethany LaFlam

• Chad Sutton invites Bethany Laflam, Managing Partner of Premier Law Group
• Bethany shares her passion for helping Main Street investors achieve conscious wealth, emphasizing intentional wealth creation that goes beyond financial gains
• They highlight the significance of mindset in the pursuit of conscious wealth
• Collaboration, playing to strengths, and building a supportive community are emphasized as key factors for achieving financial freedom

[11:35 - 20:49] Cultivating an Abundant Mindset 

• Bethany emphasizes the significance of adopting an abundance mindset to cultivate conscious wealth, stressing that there are abundant opportunities available for everyone
• Bethany encourages addressing limiting beliefs and building a sustainable growth-oriented mindset to navigate challenges positively
• They highlight the significance of a supportive community and seeking guidance from like-minded individuals to borrow positivity during tough times
• Chad's real-world example demonstrates the value of maintaining a growth-oriented mindset to overcome obstacles and achieve conscious wealth-building goals

[20:49 - 34:00] Embracing Mindset, Education, and Opportunities

• Bethany emphasizes the significance of continuous education, stating that it doesn't always require formal education but can be achieved through various resources
• She encourages listeners to invest in themselves by being part of communities and networks
• The importance of maintaining the right mindset to embrace opportunities is highlighted
• Finally, they talked about the importance of maintaining the right mindset to recognize and embrace opportunities as they arise, ultimately contributing to successful wealth-building endeavors

Quotes:

"So in my mind, access to opportunities is using your network and finding where the people are that are doing the things you want to do using that education and applying it to figure out where you want to make your next move." - Bethany LaFlam

"Shift your strategy with the market, not because of it. Identify opportunities and mitigate risk now rather than later." - Bethany LaFlam

Connect with Bethany through

LinkedIn, Youtube, or visit http://premierlawgroup.net

E-mail: [email protected]

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.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Do you want to know what's happening in the Multifamily Market?

Join Chad Sutton and Jerome Myers, an award-winning engineer, investor, mentor, and business strategist who helps founders navigate their Exit Paradox through his masterminds and coaching programs, in discussing the current state of the multifamily market. They emphasize the importance of cautious underwriting and risk-adjusted returns, warning against common pitfalls like underestimating renovation budgets and relying heavily on bridge debt. Jerome shares the value of empathy and grace in dealing with others and discusses his philanthropic efforts to create opportunities for students through a scholarship program.

The episode concludes with practical insights into the first 90 days of a property takeover.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 10:46] Introducing Jerome Myers: Inspiring Journey from Corporate to Financial Freedom with Jerome Myers

• Chad welcomes Jerome Myers, and he shares[highlight=initial] his inspiring journey, dropping out of corporate America in 2016 and venturing into real estate investments
• Facing initial rejections from banks, Jerome found success in fixing and flipping properties, showcasing impressive returns from smaller investments in unconventional markets
• Jerome's podcast Dream Catchers features interviews with successful exits, offering valuable insights into various strategies for achieving financial freedom

[10:47 - 21:11] Cost Basis, Low Leverage, and Market Insights

• Chad and Jerome focus on the significance of cost basis and the risks of capital-intensive properties with high debt service burdens in uncertain markets
• Jerome's recent property refinancing experience highlights the importance of low leverage in the current market, while Chad discusses rising expenses like taxes and insurance in certain states
• They explore property price discovery, with a shift towards lenders restructuring loans instead of forcing sales, emphasizing the need for thorough due diligence
• Both stress the need for past performance analysis and understanding a property's business plan before investing.
• Caution is advised against relying solely on projected returns and appreciation

[21:12 - 31:24] Unveiling the Importance of Conservative Approaches and Operator Due Diligence

• Jerome and Chad stress the importance of realistic underwriting in real estate deals, cautioning against relying solely on impressive proformas
• The episode highlights the significance of considering factors like debt type, cap rates, rehab budgets, and taxes when evaluating real estate investments
• Listeners are encouraged to thoroughly vet operators and ensure they have the financial capacity to weather unexpected setbacks to protect their investments

[21:25 - 41:34] Philanthropy and Giving Back

• They stress the value of investing in performing properties to reduce risks
• Jerome's empathic nature is described as his superpower, promoting empathy and kindness in business and life
• The lesson learned from Jerome's divorce is about exercising grace and responsible use of power
• Jerome's philanthropy focuses on engineering scholarships, aiming to ease financial burdens for students.
• Listeners can download a book on property management within the first 90 days after acquisition from Jerome Myers' website

Quote:

"You have to buy stuff that's performing now more than ever. If you're buying something that's really broken, and you don't have really deep pockets, you're setting yourself up for a lot of pain." - Jerome Myers

Connect with Jerome through

LinkedIn, Facebook, or visit http://theexitparadox.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.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Did you know that 80 to 90% of success in any endeavor, including real estate, hinges on mindset and psychology?

In this inspiring episode, Rod Khleif, a multiple business owner and philanthropist who is passionate about business, high performance, real estate, and giving back, shares his journey to success, emphasizing the power of mindset and the benefits of investing in multifamily properties. He highlights the significance of choosing the right peer group and offers strategies for building wealth through multifamily properties. Rod's superpower of communication shines as he motivates listeners to set clear goals and take action.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 09:33] Rod Khleif's Real Estate Journey and Lessons Learned

• Rod Khleif's inspiring story as a Dutch immigrant who found interest in real estate through his mother's investments
• Rapidly building a vast real estate portfolio, Rod faced a $50 million loss during the 2008 financial crisis, learning the importance of tenant demographics
• Rod's recovery journey emphasizes the role of mindset and psychology in real estate success

[09:34 - 21:41] Lessons in Courage, Focus, and Success from Rod Khleif

• Rod Khleif shares how failures can be valuable learning experiences, encouraging listeners to embrace challenges and grow from them
• He highlights the importance of courage and capital during economic downturns to seize profitable opportunities
• Rod emphasizes that those with the right mindset and resources can make a fortune in times of opportunity
• Setting clear goals, maintaining focus, and operating with passion are key factors for real estate success
• Leveraging strengths and forming strategic partnerships are emphasized as essential for thriving in the multifamily market

[12:34 - 18:52] The Key to Success and Recovery

• Rod Khleif emphasizes the crucial role of a supportive peer group in one's success across various life aspects, including health, happiness, and finances
• He urges listeners to be proactive in selecting their peer groups, cautioning against defaulting to old school or work friends without careful consideration
• Rod advises being prepared and getting up to speed quickly to seize the opportunities that may arise amid potential headwinds and challenges

[18:53 - 32:57] The Key to Success and Recovery

• Rod Khleif's superpower lies in communication, nurtured by his avid reading habits and extensive vocabulary
• Reflecting on his biggest failure, Rod shares the lessons learned from his first marriage, emphasizing the importance of selection and finding true happiness
• Philanthropy takes center stage in Rod's life as he discusses the transformative power of giving back, having fed thousands of families and provided school supplies to local children

Quotes:

"If you're listening and you're afraid of failing, fear regret, don't fear failure. We fail our way to success, and you never get attached to the vehicle. Your vehicle may fail or crash and burn, but you're not a failure, and it's super important that you distance yourself from whatever vehicle you're using." - Rod Khleif

"Life is about meaning, and you decide what meaning you place on something." - Rod Khleif

Connect with Rod through LinkedIn, Facebook, or visit http://www.rodkhleif.com,

Bootcamp: http://multifamilybootcamp.com/ Code: Chad

Resources Mentioned: www.tinyhandsfoundation.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.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

How to Build Wealth through Multifamily Conversions?

Today's guest is Andrea Foley, a commercial real estate investor with a background in retail who transitioned into commercial investing and private equity. Her firm, Generational Wealth Capital, currently has almost $15m in assets under management and has raised $3.3m in private equity. Throughout this episode, Andrea shares her experiences and expertise in multifamily conversions, real estate investing, and financial literacy. She discusses the key factors involved in converting hotels into multifamily units, emphasizing the importance of location, construction management, and understanding the target demographic. Andrea also highlights her entry into the car wash industry and the diverse investment opportunities it presents.

Overall, this episode offers valuable insights into multifamily conversions, real estate investment strategies, and the pursuit of financial success while imparting the importance of financial education for future generations.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 11:53] Transforming Hotels to Affordable Homes

• Andrea Foley from Generational Wealth Capital discusses their unique strategy of converting old hotels into low-income multifamily housing
• By focusing on scoping the projects properly and catering to their target clientele, they have achieved success in this redevelopment play
• She explores the nuts and bolts of their successful multifamily redevelopment play, highlighting the challenges and rewards of converting hotels into affordable housing options

[11:52 - 21:36] Optimizing Hotel Conversions

• Andrea Foley emphasizes the importance of construction estimation in hotel conversions, ensuring necessary renovations are properly assessed for functional living spaces
• Practicality takes precedence over luxury amenities in these converted units, with a focus on providing essentials such as full-size fridges, countertop convection ovens, cooktops, and sinks
• Understanding the needs of the target demographic, budget-conscious individuals seeking affordable housing near major employment centers, is key to optimizing space, utilities, and amenities in hotel conversions

[21:37 - 31:34] Converting Hotels to Multifamily Properties and Exploring Car Wash Investments

• Andrea delves into the operational challenges faced during the construction phase of converting hotels into multifamily properties
• She emphasizes the importance of a capable property management team to handle tenant management and construction coordination
• Andrea also explores the investment potential of hotel-to-multifamily conversions, highlighting the long-term benefits, such as potential refinancing opportunities and equity multiples that can significantly increase investor returns.
• Additionally, Andrea discusses her foray into the car wash industry as an alternative investment avenue, combining commercial real estate with the potential for high cash flow and passive or active investor involvement

[31:35 - 39:13] Multifamily Conversions, Raising Millionaires, and the Power of Cash Flow

• Andrea shares her retail store pivot experience and the valuable lesson she learned about managing cash flows
• She introduces her podcast, "Raise Millionaires," focusing on teaching children about mindset and financial literacy
• Andrea highlights her unique superpower of being both creative and analytical
• She provides ways to connect with her through her websites and social media for real estate and car wash opportunities

Quote:

"So we were like, how can we take something and make it more class B, maybe low-class B or high-class D, and still make it affordable? And really, that's where a hotel conversion comes into play." - Andrea Foley

Connect with Andrea through

LinkedIn and Facebook

or visit her website https://www.generationalwealthcapital.com/ and listen to her Podcast Raise Millionaires

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.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Stop Exchanging Business Cards! Discover modern ways to exchange contact info without relying on traditional methods.

In this dynamic episode, Chad and Dr. Erin Hudson share valuable insights and practical tips for effective networking at conferences and gatherings. They emphasize the importance of being approachable, asking powerful questions, and actively listening to establish meaningful connections. They also discuss personalized follow-up methods, disruptive introductions, and connecting with influential individuals while introducing innovative contact exchange strategies using smartphones and emphasizing the significance of remembering key details and fostering deeper connections during follow-ups. 

This episode equips listeners with practical techniques to enhance their networking skills and achieve success in their professional endeavors.

[Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 10:18] Strategies for Effective Networking

• Chad and Dr. Erin Hudson explore effective strategies for working the room at conferences and gatherings, emphasizing the importance of being approachable and exuding positive energy
• They discuss the significance of wearing a smile and projecting confidence to create a welcoming and inclusive environment in a room full of people
• They stress the value of asking powerful questions that show genuine interest in others, such as inquiring about their current projects or goals at the conference
• By actively listening to the responses and engaging in meaningful conversations, individuals can establish valuable connections and provide value in return

[10:19 - 20:28] Personalized Follow-up and Strategic Connections

• Chad and Erin emphasize the importance of follow-up after conferences, emphasizing the use of personalized videos or audio messages to make a lasting impression and foster meaningful connections
• They also discuss the strategy of being a disruptor in a large group by initiating speed dating-style introductions, creating an inclusive environment where attendees can share their names and objectives for the conference
• By mentioning recommendations from respected professionals, attendees can establish a positive impression and potentially form valuable relationships
• The importance of being a connector and seeking opportunities to collaborate with like-minded professionals is emphasized for maximizing potential in the real estate industry

[10:20 - 29:49] Techniques for Connecting with Influential Individuals

• Emphasizing the value of standing out, Erin encourages genuine compliments and making others feel special
• Noting the significance of paying attention to details, they suggest looking for accessories and appearance cues to identify potentially affluent individuals.
• Chad stresses the importance of status alignment when approaching influential people, finding common ground, or demonstrating knowledge about their interests
• Highlighting the need for relationship-building and investing time in nurturing connections, they emphasize the importance of establishing trust with high-profile individuals

[29:50 - 46:36] Unveiling Innovative Contact Exchange Strategies and Memorable Follow-ups

• Erin’s and Chad’s innovative approach to sharing contact information, using the text replacement feature on iPhones and a digital business card link, ensure a seamless and efficient process
• Taking a selfie with someone can enhance networking interactions, making it easier to remember faces and create a more personal connection
• Erin explores the benefits of attending events with a partner or friend who can complement your strengths and help you make valuable introductions, amplifying the impact of your networking efforts
• They highlight the importance of remembering key details from conversations and utilizing them as touchpoints when following up with contacts, fostering deeper connections, and demonstrating genuine interest in their lives and interests

Quotes:

"Relationships matter, and they're gonna want to go through a little vetting process of you to make sure you're the real deal, and you're not somebody there that has an agenda to literally, hey, give me your money." - Dr. Erin Hudson

"You've just got to be front of mind, do something different, take initiative, not be afraid, speak up, be fun, and be confident. That is much more attractive for people to want to get on." - Dr. Erin Hudson

Connect with Erin through

LinkedIn, Facebook, or visit https://www.thequattroway.com/dr-erin-hudson

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.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

How to Make Fund Management Accessible for Everyone!

In this episode of the Real Estate Runway Podcast, join Bridger Pennington, owner, and partner of Fund Launch. At Fund Launch, Bridger has helped teach over 55,000 students and has mentored hundreds of emerging fund managers in getting their funds off the ground. Tune in as Bridger shares his experience managing several funds and discusses Fund Launch's mission to democratize fund management knowledge. He highlights the success of Fund Launch and its goal of empowering people of all backgrounds to excel in investing.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

 [00:00 - 12:50] “Fund Launch:” A Journey into High-Performance Finance and Investments

• Special guest Bridger Pennington, owner and partner at Fund Launch, shares his background and expertise in running various types of funds, including real estate, private equity, venture capital, and more
• He discusses the journey that led him to establish Fund Launch and build a community of like-minded individuals interested in funds and investments
• The success of Fund Launch, with over 60,000 students worldwide, multimillion-dollar funds, and upcoming events featuring renowned speakers in the finance and investment industry, is highlighted 
• With Fund Launch, Bridger aims to democratize fund management knowledge, empowering individuals to excel in various investment ventures and unlock their financial potential

[12:51 - 18:21] Exploring Mandarin, Immersion, and Chinese Culture

• Chad expresses his fascination with the interconnectedness of the world through the Bridger’s experience studying abroad and learning Mandarin
• Bridger discusses living immersed in the local culture during his time in China, emphasizing the importance of personal health in Chinese society
• He shares something in Mandarin and his favorite phrase, showcasing the unique structure and meanings behind Mandarin characters

[18:22 - 31:32] Empowering Individuals and Democratizing Fund Management

• Bridger Pennington's mission through Fund Launch is to empower individuals from all backgrounds to launch and scale funds that contribute to societal progress
• Fund Launch provides free courses and resources to make fund management knowledge accessible to all
• Fund Launch challenges the notion that fund management is only for the elite, aiming to make it accessible to everyone

[31:33 - 43:28] Execution, Faith, and Lessons Learned

• Bridger Pennington emphasizes the importance of being execution-oriented, taking action instead of waiting, and launching ideas to drive success in business.
• He shares his belief in the power of prayerful decision-making, seeking guidance from God in every aspect of his life and business
• Bridger shares a valuable lesson from his early syndication days and how it shaped his approach to fund management

Quote:

"The goal of "Fund Launch" is to empower people like me and you to launch and scale funds that move humanity forward. It's actually our mission.” - Bridger Pennington

Connect with Bridger through

LinkedIn, Instagram, Youtube, or visit http://www.fundlaunch.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.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Did you know that a staggering number of financially well-off individuals own vast tracts of land they will never use?

In fact, a surprising 80% of these landowners find themselves in possession of idle assets they purchased for a fraction of their current value. This is where Dan Haberkost, the visionary founder of Front Range Land, saw an extraordinary opportunity to create his own empire. Tune in as Dan unveils how he ingeniously adopted the investor's business model, building his own company that specializes in acquiring infill land at discounted prices.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 09:08] Infill Land Expert Dan Haberkost Shares Strategies for Profitable Real Estate Ventures

• Chad welcomes Dan Haberkost to the Real Estate Runway Podcast to discuss his expertise in the land deal
• Dan shares his background, growing up in a blue-collar family, and his decision to pursue real estate investing as an alternative to traditional work
• Front Range Land, Dan's business, specializes in identifying shovel-ready land opportunities for profitable ventures
• Dan employs various strategies, such as selling properties for cash or on terms and constructing new homes or duplexes, to maximize profits
• Understanding the distinction between raw land and infill land is crucial to Dan's success in the real estate market

[09:09 - 17:11] Meeting the Need for Infill Lots in the Land Market

• The land market for infill lots is inefficient, creating a need for available lots that large builders struggle to find
• Many landowners who bought land in the past are financially secure but apathetic about utilizing the asset
• Dan’s business model focuses on acquiring infill land through direct mail and cold calling
• Building trust and legitimacy is crucial in dealing with sellers, as they have concerns about scams and authenticity

[17:12 - 25:37] Land Flipping: Timelines, Investments, and Mitigating Risks

• Land flipping timelines vary, with deals closing quickly or requiring months of follow-up
• Target sellers are often individuals or small developers who purchased land in subdivisions but never built on it, making them cautious and seeking legitimacy from potential buyers
• Private equity partners can provide funding for land flipping deals, with arrangements including fixed interest rates or a percentage of the profit upon deal closure
• Risks for investors in land flipping are minimal, often limited to lower profits

[25:38 - 29:18] Dan's Superpower, Failures, and the Big Picture Blueprint

• Dan's superpower lies in his ability to eloquently motivate and direct others
• Dan's biggest failure was his past fear-based and scarcity mindset, hindering his progress
• Dan's upcoming podcast, "The Big Picture Blueprint," explores land real estate and business, featuring insightful discussions and interviews

Quote: 

"You never know, one day, if you keep following up, when they wanna sell, they'll sell to you." - Dan Haberkost

Connect with Dan through

LinkedIn, Facebook,

or visit https://danhaberkost.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.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!