Real Wealth Solutions Podcast

Greg and Darren are joined by Rob Beardsley to talk about underwriting for both the deal sponsors and the passive investor. Knowing how to present, or interpret, underwriting is the key to successful multifamily investing and Rob has some great insights and tips. 

 One great takeaway – Underwriting is as much an art as a science.

Rob Beardsley oversees acquisitions and capital markets for Lone Star Capital and has acquired over $100M of multifamily real estate. He has evaluated thousands of opportunities using proprietary underwriting models and published the number one book on multifamily underwriting, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors.

Rob may be reached through his website – lscre.com.

Resources Mentioned – 

The Definitive Guide to Underwriting Multifamily Acquisitions – Rob Beardsley

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

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

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 share 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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Greg and Darren are joined in this Quick Hit by Anthony Vicino & Dan Krueger. In this outtake from Anthony & Dan’s longer podcast that was originally released on December 7, 2020, the guys talk about the systems and people that you need to work on your business, not in it.

Click here for a link to the original episode on Apple Podcasts.

Anthony Vicino is a serial entrepreneur how has helped build multiple multi-million dollar companies from the ground up by crating efficient systems that scale, utilizing value-based content marketing strategies, and always focusing on providing exceptional end-user experiences.

Dan Krueger is a full-time entrepreneur, investor, and coach who is passionate about helping others become financially free by investing in apartment buildings. Besides providing lucrative investment opportunities, his mission is to help investors build financial literacy so they can take control of their financial future.
 
  Anthony and Dan may be reached through their website - invictusmultifamily.com.

Sign up for our newsletter HERE. 

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

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

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 share 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
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Greg and Darren are joined by Jamie Gruber for a talk about growth and mindset by creating a personal brand and joining a mastermind(s). They guys take a look at their journeys and how they discovered ways to participate and give back in order to reach both professional and personal goals. 

One great takeaway – It’s about return on effort over return on investment.

Jamie is an insurance executive, multifamily investor and founder of the Gobundance Emerge and Ascend program. He also leads a national multifamily networking organization with over 20 chapters with more than 10,000 members. Jamie believes that investing in his mindset and development have been keys to his success.

Jamie may be reached through the site Gobundance.com/emerge or on social media channels @multifamilyandmore.

Resources Mentioned – 

Multifamily and More

Gobundance.com

Tribe of Millionaires – Mike McCarthy and Pat Hiban

Best Ever Apartment Syndication Book – Joe Fairless

Hell Yeah or No – Derek Sivers

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

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

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 share 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
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In this Quick Hit, Greg and Darren ask guest Mike Taravella about the opportunities for continued growth once you property is stabilized.

Mike is the asset manager for Rand Partners and is responsible for overseeing over $100M assets undermanagement. Mile collaborates with vertically integrated property management team to ensure the execution of the portfolio's business plan. Mike is actively pursuing new opportunities within the market and developing relationship with investor basis.

Mike is a CPA and before joining Rand Partners, Mike worked 5 years professionally in accounting, His experience ranges from working at Ernst & Young to working with Dan Gilbert's startup community at Rock Ventures.

Mike may be reached at [email protected].

Listen to previous episodes HERE or find us on your favorite podcast app.

Sign up for our newsletter HERE. 

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

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

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 share 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
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A question that often asked is, “Why should I use an attorney for my deals? I can easily find the info and templates I need online.” In this episode of the Real Wealth Solutions Podcast Greg and Darren speak with their contract attorney, Lindsey Hobbs with a Breeding Olinzock Carter Crippen, P.C. in Knoxville, TN, to answer that question for you. From making sure that your contract spells out exactly what transfers at purchase to watching deadlines so you can concentrate on due diligence, the reasons are many. Take a listen and learn why saving a few dollars on the front end of your deal may end up costing you much more on the back end.

One great takeaway – You want someone who is working for YOU.

Lindsey Hobbs is a Senior Associate Attorney with Breeding Olinzock Carter Crippen, P.C. in Knoxville, Tennessee, representing business and individuals in both commercial litigation and transactions. Prior to relocating to Knoxville, Tennessee, Lindsey practiced in Savannah, Georgia, representing financial and healthcare institutions in commercial matters, including issues surrounding post-foreclosure commercial properties. Licensed in the state and federal courts of Tennessee, Georgia, and South Carolina, Lindsey represents clients throughout the East Coast in commercial property transactions, including the acquisition and sale of multifamily properties. Lindsey’s experience includes transactions with both owner financing and agency debt, as well as the transfer of assets subject to USDA Rural Development loans.

Lindsey received her B.A. from the University of Tennessee and her Juris Doctor from the University of South Carolina School of Law.

Lindsey my be reached at [email protected] or 865-670-8535.

Listen to previous episodes HERE or find us on your favorite podcast app.

Sign up for our newsletter HERE. 

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

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

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 share 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

Greg and Darren sit down with investor, partner, and friend Mike Taravella to talk about all things Asset Management. Getting a deal across the finish line is just the beginning. Each property is unique and will offer unique challenges to match. One size, or solution, certainly does not fit all, but no matter the size the surest way to achieve long term success it through thoughtful and well-disciplined asset management. 

One great takeaway – The numbers follow, they don’t lead.

Resources and Books Mentioned –

Asana.com

Good Strategy, Bad Strategy - Richard P. Rumelt

Principles – Ray Dalio

Mike is the asset manager for Rand Partners and is responsible for overseeing over $100M assets undermanagement. Mile collaborates with vertically integrated property management team to ensure the execution of the portfolio's business plan. Mike is actively pursuing new opportunities within the market and developing relationship with investor basis.

Mike is a CPA and before joining Rand Partners, Mike worked 5 years professionally in accounting, His experience ranges from working at Ernst & Young to working with Dan Gilbert's startup community at Rock Ventures.

Mike may be reached at [email protected].

Listen to previous episodes HERE or find us on your favorite podcast app.

Sign up for our newsletter HERE. 

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

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

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 share 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

Greg and Darren are joined by guests Anthony Vicino and Dan Krueger of Invictus Capital. The discussion revolves around property management and the pros and cons of both managing yourself and hiring a third-party management company. 

One great takeaway - Grow intentionally, growth will happen as a consequence of having bigger systems. What might be too big for now will be exactly right as you scale.

Anthony Vicino is a serial entrepreneur how has helped build multiple multi-million dollar companies from the ground up by crating efficient systems that scale, utilizing value-based content marketing strategies, and always focusing on providing exceptional end-user experiences.

Dan Krueger is a full-time entrepreneur, investor, and coach who is passionate about helping others become financially free by investing in apartment buildings. Besides providing lucrative investment opportunities, his mission is to help investors build financial literacy so they can take control of their financial future.

 Anthony and Dan may be reached through their website - invictusmultifamily.com.

Listen to previous episodes HERE or find us on your favorite podcast app.

Sign up for our newsletter HERE. 

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

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

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 share 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

Greg is joined by fellow investor and friend Neil Schoepp and they tackle putting multifamily investing in fishing terms. After listening to a discussion comparing Property Management to NASCAR, Greg and Neil decided to apply the same method to multifamily investing and fishing. Finding something relatable often helps ideas become clear and actionable.

Check out Neil's Multifamily Investment Company:  https://bulmacproperties.com/

You can reach Neil by email at: [email protected] 

Click HERE for our past episodes.

Sign up for our newsletter HERE. 

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

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

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 share 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

Greg is joined by guest host Kim Scully and guest Heath Ryans. This episode is all about how to understand, build, manage and leverage your credit score (the magic 3-digit number!) to help you succeed in both your personal and business life. They cover some definitions, hacks and bust some myths! 

 Resources Mentioned

•  CreditKarma.com
• Annualcreditreport.com
• Plastiq.com
• Nav.com

Heath is a seven-year veteran of the Tennessee Air National Guard – a state component of the United States Air Force. He is currently a full-time investor with experience in small multifamily rentals, multi and single family wholesaling, and flips. Heath has a true passion for real estate and has been investing for two years with a goal to continue advancing into larger multifamily properties. He enjoys coaching new investors from focusing in on their niche to purchasing their first properties.

Heath hosts a monthly meet up group in the Tri-Cities area of TN, The Tri-Cities Real Estate Investment Group, can be found on Facebook - https://www.facebook.com/groups/TriCitiesREI/ or on Meetup.com - https://www.meetup.com/Tri-Cities-Real-Estate-Investors-Group-REI/

Heath can be reached at -
[email protected]
423.863.4078
or on Facebook at https://www.facebook.com/HighResInvest/

Click HERE for our past episodes.

Sign up for our newsletter HERE. 

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

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

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 share 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

Darren and Greg speak with investor Nick Ameluxen about Nick’s journey from mechanic at Volkswagen to multifamily investor. They highlight the importance of both networking and partnerships as you move through your multifamily investing career. One great tip is to make sure you are partnering with investors that match your goals. Multifamily investing is a team sport, and it’s critical that all the members on the team are interested in and working toward like goals

Resources Mentioned

·       Wild West Real Estate Show - Podcast

·       South Texas Multifamily & More Meet Up - Facebook

·       Shoe Dog: A Memoir by the Creator of Nike – Story of Phil Knight 

·       Stillness is Key – Ryan Holiday

Nick Ameluxen is a partner at Quantum Capital, assisting in acquisitions and asset management. Through his 11 years in leadership roles, Nick has found success by solving big problems through relentless hard work and ingenuity. He has been an active real estate investor in Austin since 2015, and oversees Quantum Capital’s portfolio in Austin, TX. While originally from Denver, Nick moved to Austin in 2014 with his wife and two children.

Nick may be reached at [email protected] or through his website quantumcapitalinc.com.

Click HERE for our past episodes.

Sign up for our newsletter HERE. 

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

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

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 share 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