Real Wealth Solutions Podcast

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So much covered in such a short amount of time - from REITS to franchises to real estate education to the roll of a money raiser in a syndication! This week’s guest is Michael T Parks, and his resume covers all of that and a bit more. The conversation with Greg and Darren starts on a tangent exploring REITS and moves along with some great insights from all three investors.

We hope you enjoy listening and if you think of someone who might as well, we appreciate you passing it along. 

About Michael – 

 Michael is a certified Project Management Professional having delivered successful projects in excess of $100MM. As a Technology Leader with 18 years at Accenture and having run technology for The RMR Group (5 REITS and a Private Fund| $30B AUM), he is a PropTech expert.  Michael has been involved in multifamily, vacation rentals, hotels, commercial office, logistics and senior living assets for over 10 years and is currently involved with more than 200 apartments. Michael has experience in underwriting, property valuation, acquisition, leasing, management, and financing. Michael is also an advisory board member of startup venture Suitepeople which focuses on hotel conversions to micro-housing.

Reach Michael at  - www.SpireInvestmentProperties.com

Michael’s 2 Giveaways:

Spire Simple Syndication System: www.SpireInvestmentProperties.com/SSSS

Insider Secrets to Real Estate Investing to Live Life on Your Own Terms!  www.SpireInvestmentProperties.com/secret

Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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It’s always nice to talk about something completely different.

Keke Williams is our guest today and her group is doing something you don’t hear about much: international agribusiness investing. Is it as straightforward as multifamily investing in the U.S. -which she also does – no, absolutely not. Not surprisingly the returns reflect the additional risk, something like 2x what you might expect from a typical stabilized multifamily syndication. It’s a fascinating subject and Keke was kind enough to indulge us with sidebar applying agribusiness principles to the Cannabis industry.

We are products of education platforms ourselves and appreciate seeing a well informed and involved operator offering a platform for education and networking. Keke and her partner Pater have developed the Global Investor Alliance offering both education and opportunities in projects they themselves participate in. Take a look.

About Keke – 
Peter and Keke co-founded Global Investor Alliance (GIA) to help people obtain the mindset, strategies & tools to create recurring income from recession-resilient real estate investments that have ultimately accelerated their own wealth building success. 

Through their US multifamily GP partnerships, they currently manage a portfolio of 1,000+ doors across 4 projects in 3 metros, valued at over $200MM. Additionally, with their Americas farmland and agribusiness GP partnerships, they currently operate over $70MM AUM across nearly 1,000 hectares of farmland. 

Keke spent 20 years in Management Consulting and Corporate Sales/Marketing while Peter spent 25 years on Wall Street and in Silicon Valley prior to embarking on their full-time real estate investing adventures. They have applied their collective corporate skills, experience, and networks to their real estate investing pursuits in a way that empowers others to live their best life and also quenches their thirst for service, global travel, and adventure. 

Reach Keke at 

[email protected] or GlobalInvestorAlliance.com

 
Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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Season 2 Episode 31

Logan Rankin – Road to 500 

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By the time an investor has reached 500 units, they are in a place where systems are set up, refined, and working well. Lessons have been learned and applied, and momentum is carrying them forward. We are tapping to these investors to share their knowledge to help you get to, and past, your first 500.

In addition to the story of Logan’s investing journey, this episode is a must listen for anyone looking to bring management in house.  In the last 15 minutes of the episode, Logan describes his move in-move out and turn strategy.  If you have a 3rd party manager that matches the level of detail and systemization that Logan has deployed, consider yourself lucky and we suggest you do everything you can to keep them happy.  If not, take a listen to how things could be.

Beyond self-management we also talk about some of the counter intuitive aspects of debt and equity like how can $200-300 profit per door be better than $700-800?  Why should you pay for rehab out of pocket instead of borrowing the money?

 About Logan – 
Logan is an experienced Real Estate investor owning and operating a growing Real Estate business with a portfolio of more than 1,000 units, valued over $100M across the state of Wisconsin. 

Logan spent the first decade of his professional working career with a fortune 50 corporation leading retail operations. He escalated quickly through various leadership positions where he built high performing teams and managed large P&L portfolios. During that time, Logan led and implemented strategic operational changes at the enterprise level across the US. 

In 2013, Logan began investing in Real Estate through the purchase of an investment single family home. Logan was able to achieve financial freedom in the spring of 2018 at the age of 30. At that time, Logan left his corporate leadership role to focus his attention on scaling and developing his three Real Estate businesses.

 Reach Logan at –
loganrankin.com or on Instagram @LoganRankin

 Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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Sign up for The Real Wealth Solutions newsletter https://bit.ly/RWSNews. 

We really like to bring you actionable content and with this episode, our guest hits it out of the park!

First, three different people used three different ways to access their 401K to invest in real estate. 

Second, Shawn’s tips to increase his tenant leads is worth a listen to all owners, no matter who is managing your property. To help get you on the right path with increasing tenant leads we’ve included links to Shawn’s blog post on Facebook Marketplace and our YouTube series on Craigslist marketing.

Finally, his communication systems with his out of state third party management are both efficient and dynamic.

Good stuff all the way around!

About Shawn – 

Shawn is a founding member of Pac 3 Capital where he directs and oversees capital improvement projects. He is responsible for identifying, analyzing, and underwriting all acquisitions and director of investor relations. Shawn currently has over $28 Million in multifamily assets under management. 

Shawn is also co-host of The MultifamilyTakeoff podcast and a proud United States Navy veteran.

Reach Shawn at –
An Apartment Investing Firm - Pac 3 Capital
[email protected]

Resources – 

Best Ever Apartment Syndication Handbook – Joe Fairless & Theo Hicks - https://amzn.to/3f535w3

Shawn’s Blog - Quadruple Your Tenant Leads with Facebook Marketplace | LinkedIn

Real Wealth Solutions Craigslist Video Series - https://bit.ly/RWSCraigslistVideo

 
Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

Real Wealth Solutions Report Sign Up & Contact Info
https://bit.ly/RWSReport
RealWealth.Solutions

Sign up for The Real Wealth Solutions newsletter https://bit.ly/RWSNews. 

This episode features Dave Dubeau author of The Money Partner Formula. In this discussion we review, step by step, the framework Dave lays out in his book. I don’t think I have seen a more concise book for starting and accelerating your money raising efforts. We’re excited to make a copy of it available at no charge. Just click the link below.

Get a complimentary copy of my newest book, Money Partner Formula at:

Investorattracionbook.com 

About Dave - 

Dave Dubeau is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He’s a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties. 

 
Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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Sign up for The Real Wealth Solutions newsletter HERE. 

Brandon Thornberry has been quietly and consistently growing his real estate business over the past years. Starting with a house-hack he has now completed roughly 100 single family transactions, has participated in 300+ doors in multifamily and recently started a private/hard money business.

 A big part of his success comes from micro-market knowledge. He is very comfortable with the middle Tennessee market and without a doubt it has allowed him to move faster than most of us could. Particularly interesting was how the strategy changed as the market changed, also of note is how the long game can play out when your market benefits from the growth experienced and still coming to Nashville and the surrounding area.

About Brandon 

Brandon Thornberry is the Owner/Operator of UrbanGate Capital, which focuses on identifying emerging markets and investing in the path of progress. Prior to starting UrbanGate Capital, Brandon spent 13 years acquiring and renovating single family homes. The skills developed during this time have been brought forward into the multifamily space in finding opportunities, envisioning the value-add potential, and executing on the value-add plan. Currently, UrbanGate is prioritizing the acquisition of properties in Middle, TN - Nashville, Chattanooga, and Clarksville. Brandon lives in Nashville, TN with his wife Katie and three kids Ava, Hank, and Margaret. 

You can reach Brandon at [email protected].

 
Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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Sign up for The Real Wealth Solutions newsletter HERE. 

Hey there! Just a quick note, this episode was originally released in August of 2020. Jesse was an outstanding guest and the story of his why is truly inspiring and with his foundation growing we felt this was the perfect time to for a replay.

Thanks so much for you continued support and enjoy the episode. 

In this episode Greg and Darren have an inspiring conversation with investor and philanthropist Jesse Shelton. They hear the story of Jesse’s big “why“ and the steps he took to achieve it. By looking at what he wanted to accomplish with his life and the ways he wanted to impact the communities he cares about, Jesse used his drive and organizational skills to create systems that have allowed that to happen. Through his highly successful house flipping business – the number will blow you away! – he has been able to reach the position where he can take action on the causes he so strongly believes in. 

Jesse had no desire to make a lot of money. He had no desire to be a businessman. In fact, in his early 20’s he published a book titled Life Without Work: A Guide to Happy, Work-free Living espousing the benefits of a low-work, low-expense lifestyle. Although a simple, ecologically-grounded life was satisfying for himself, in January of 2017 Jesse sat down and came to terms with the limits of his ability to help others given his limited financial power. He decided to do something about it. Fast forward to 2020 and he and his wife are retired with enough cash flow to both live comfortably and fund a new private foundation. His is an unusual story of how flipping houses and single-family rentals led to projects in animal welfare, environmental conservation, and educational assistance for low-income students.

You can reach Jesse at [email protected].

Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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Having successfully developed and raised capital in the Boston area for over a dozen condominium projects, Nick and Eric have now ventured into multifamily syndication in the Southeast and Midwest markets.

In today’s talk we compared and contrasted development against the buy and hold strategy. Both have their advantages, but opportunity may be market based. For instance, buy and hold has been a goal for quite some time, however their local market rewarded condo development over market rent builds. Now Eric and Nick are looking to leverage their knowledge and network into markets more suited long term holds, leaning towards an emphasis on affordable housing.

Some great insights into partnerships and growing a business are also shared. Nicholas is a history buff, and his analogy about Japan’s growth over the 20th century can be a template for both personal and business growth. Be sure to check out Winterspring online for some great free resources and to keep up with ongoing and future projects.

One great takeaway – Look to the top producers, in any area, and emulate and adapt what they are doing to fit with your business goals.

Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Sign up for The Real Wealth Solutions newsletter HERE. 

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - LinkedIn  -YouTube

About Nick and Eric – 
Nick Earls: Nick is the co-founder and managing principal of Winterspring Capital and has over a decade of experience in all phases of commercial real estate, including asset management, sales, new construction development, and property management. While building his own portfolio, he has also guided many investors down the path of multifamily investment, management, or development. He is an expert on multifamily condominium development, underwriting, and asset management in the multifamily space and also the author of the top-rated book “Making Millions through Multi-Family Development”.
 
 Eric DiNicola:  Erick, DiNicola, co-founder and managing principal of Winterspring Capital, has a strong financial background spanning over a decade. Eric understands the importance of investment diversification. He began working in public equity in 2010 and moved into the private equity markets where he worked on valuations and capital raising. Joining forces with nice in 2015, he leveraged his investment experience and expertise to accelerate the growth of Winterspring’s real estate business. Heading up our acquisitions team, Eric leans on his extensive broker network to keep Winterspring’s deal pipeline full.

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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In this short episode, Greg takes a moment to speaks to managing, or controlling, your calendar to achieve maximum results.

Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Sign up for The Real Wealth Solutions newsletter HERE. 

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - LinkedIn  -YouTube

Thanks for listening and, as always, an honest review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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RealWealth.Solutions

Nikolai Ray is a bit of a cynic and contrarian. I don’t mean that as an insult and I don’t think he’ll take it that way. Todays conversation centered around accuracy, holistic thinking and NOT getting caught up in the hype. With an endless onslaught of content being posted every day it can be hard to discern the useful from the noise. Does a Costar report about the median rents for suburban B class one bedroom apartments in a complex of 50 units or more (always consider the source data) really tell me anything about the markets that I operate in? Maybe, probably not is my answer. Curation of content has always happened. For every photo in the family album, there are 6 blurring one in a shoe box somewhere.

 One great takeaway – You shouldn’t be avoiding or afraid of failure. Failure is a lesson and failure is a stepping stone if you have the right mindset.

About Nikolai –
Thanks to a revolutionary combination of big data, A.I. and blockchain, we are building MREX (Multifamily Real Estate Exchange), which will democratize and transform real estate investing both in the United States and Worldwide. The MREX also supports the investment property community through it's College and Research Institute as well as through events like the MRE Week.
 
 On a personal note, as an innovative entrepreneur and multifamily real estate expert, I share my time mainly between Florida, Los Angeles, Montreal and Quebec City. Ex pro' hockey player, 3-time Olympics human performance coach with a deep specialization in applied biomechanics and pioneer in the area of multifamily real estate investing financial engineering.
 
 I have spent the last 13 years building businesses in the fields of international level sports performance and exercise science, and real estate. I come from a long line of entrepreneurs, titans of industry and Nobel prize nominees, whom I unfortunately and fortunately did not have the chance to truly connect with as I was growing up.
 
 For almost a decade and a half, I have been developing my entrepreneurial skills, having created hundreds of jobs and built 4 companies (3 successes and 1 major failure), analyzed and structured more than $10 billion dollars in multifamily real estate acquisitions and spoken at over a hundred conferences and symposiums.

 You may reach Nikolai on his website - Home - MREX or LinkedIn at https://www.linkedin.com/in/nikolairay/.

Reach Greg at -
[email protected] or schedule a call - https://calendly.com

Reach Darren at -
[email protected] or schedule a call - https://calendly.com

Sign up for The Real Wealth Solutions newsletter HERE. 

Or reach us on any of the following links:
Real Wealth Solutions - Facebook - LinkedIn  -YouTube

Thanks for listening and, as always, a positive review or follow is greatly appreciated.

Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.

- Greg, Darren & Kim

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RealWealth.Solutions