RE:INVEST

In today's episode (#21) we interview Marcel Barwanietz. Marcel is one of the Founders and community manager of Multi-Family Freedom Chasers. This is a fast growing community of young professionals trying to build a real estate portfolio while working a 9-5! Marcel and his team just recently purchased their first large multi-family property, a 40 unit in Tennessee! Marcel’s 9-5 is working as a people-manager at Volkswagen and he is still killing it in real estate and building a business after hours! Listen to learn how you can get ACTIVATED and start chasing after your real estate dreams. 

Connect with Marcel at:

Instagram: Marcel_The_Activator
Facebook: Multi-Family Freedom Chasers
Youtube: Multifamily Freedom Chasers

Marcel’s Li’l Nugget:

Proximity! Get in the right rooms and get in front of the right people. Find someone to hold you accountable and push you. If you surround yourself with people a couple steps ahead of you, you will naturally grow towards them. 

Connect with your Hosts:

Join us at the Best Ever Conference 2023 !!!

Garrett Gatton

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[email protected]

Seth Ciminillo

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[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#20) we interview Jim Carpenter. Jim and his wife, Lisa, are co-owners of a 2nd generation company, Pridgen Enterprises. At this point Jim and Lisa are putting systems and scaffolding in place to set up the hand off for the third generation to take over the company. Their real estate portfolio consists of manufactured homes, single family houses, commercial, and some multi-family. They have doubled their portfolio over the last decade and are on a path to quadruple it. Listen in to hear some valuable information on how to prepare the generations that follow you! 

Connect with Jim at:

Pridgen & Carpenter Leadership Foundation
PridgenEnterprises.com

Jim’s Li’l Nugget:

Great work happens IN you before great work happens THROUGH you. You have to lead yourself before you lead others. 

Connect with your Hosts:

Garrett Gatton

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[email protected]

Seth Ciminillo

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[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#19) we interview Klint Manz. Klint is a native of NW Ohio and resides with his family in Paulding, OH.  He received his bachelors and Master’s degree in Accounting from the University of Toledo.  Klint has been in banking since 2006 when he started as a Credit analyst out of college.  He has since held positions in both lending and in finance, most recently becoming the Chief Financial Officer for The Union Bank, while retaining the role of Chief Lending Officer.  Klint has his own businesses and is also a real estate investor, allowing him to bring perspective from both sides of the table.  As a volunteer firefighter and an active member of the community, Klint is focused on staying involved and bettering our communities.

Connect with Klint at:

www.theubank.com
LinkedIn

Klint’s Li’l Nugget:

Stress your cash flow model, look on the horizon if your interest rates are going to change. Be pragmatic, and know when you have to walk away from a project. 

Connect with your Hosts:

Garrett Gatton

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[email protected]

Seth Ciminillo

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[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#18) we interview David Shaya. David Shaya is a Regional Business Director for Madison SPECS, LLC. He develops new business opportunities by guiding clients in the ideal methods to maximize tax deductions and improve their cash flow.

Madison SPECS, LLC, provides expert cost segregation and fixed asset review services. A Cost Segregation study offers a tax savings analysis of real estate holdings, designed to reclassify real property expenditures eligible for accelerated tax depreciation deductions. Identifying and reclassifying these assets results in a reduced tax liability and increased cash flow. Madison SPECS has an experienced team of engineers, accountants, and tax experts, who work exclusively on cost segregation studies to ensure that clients obtain the greatest tax benefits from their real estate holdings.

Madison SPECS is a division of Madison Commercial Real Estate Services, a group of independent but related companies that offer specialty services for the commercial real estate market. These companies include Madison Title Agency, Madison 1031 and LeaseProbe/RealDiligence. Madison SPECS works in tandem with these specialized companies to deliver a comprehensive network of real estate services, providing customers with a smooth process in every step of the transaction.

Connect with David at:

madisonspecs.com
Email: [email protected]

David’s Li’l Nugget:

What kind of property should I buy to capture the most depreciation to limit my tax liability? The more specialized the building, the better! You will be able to write off so much more to help limit your tax liability. The difference between an empty warehouse and a medical office is substantial. 

Connect with your Hosts:

Garrett Gatton

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[email protected]

Seth Ciminillo

LinkedIn

Facebook

[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#17) we interview Greg Smith. Greg has been in the business for 20+ years and has helped thousands of clients perform countless 1031 Exchanges. The 1031 Exchange is an incredible tax vehicle that can help you save more money as you invest in real estate! 

IPX1031 Vice President Greg Smith, Esq., earned his B.A., magna cum laude, at Kenyon College, his J.D. at The Ohio State University College of Law, and is a member of the honors fraternity Phi Beta Kappa. Greg is licensed to practice in the Courts of Ohio and the U.S. District Courts for the Southern District of Ohio. He is a published author on numerous real estate subjects including tax deferred 1031 Exchanges, 1031 rules and 1031 regulations, and frequently speaks at 1031 Exchange seminars throughout the Midwest including Kansas, Kentucky, Missouri, and Ohio. 

Connect with Greg at:

IPX1031.com
Toll-Free: (866) 443-1031
Cell: (614) 477-1301
Direct: (614) 559-1194
Email: [email protected]

Sign up for the IPX 1031 email list on the website above!

Greg’s Li’l Nugget:

There is almost no harm in trying a 1031 Exchange. Even if you start the exchange, and you decide not to complete it, the only downside will be the $1,000 fee to IPX 1031 and the regular tax liability that you would already have.

Connect with your Hosts:

Garrett Gatton

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[email protected]

Seth Ciminillo

LinkedIn

Facebook

[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#16) we interview Jason Duff. Jason Duff is the Founder of Small Nation. He leads the Small Nation team in developing places, spaces and dreams for small towns and small town entrepreneurs across the country.

Jason spends most of his time with the company establishing the overarching vision, goals and purpose that drive Small Nation forward. He believes in being a hands-on leader however, and can be seen acting as chief negotiator, architect, mechanic, sounding board, and mentor for the Small Nation group of companies at any time.

Jason’s passion for small businesses comes naturally. The 4th generation of a family of entrepreneurs, he has watched his great grandfather, grandfather, father and mother establish and grow successful businesses that impacted the community. As he grew up, he worked in most of these businesses, gaining first-hand knowledge of process, financial practices, and how “Hustling Hard” can bring great success.

Jason is a nationally published entrepreneurial thought leader and has written or been a contributor in Forbes, Inc. Fortune, Medium, Entrepreneur, The Huffington Post and Time. Jason writes and speaks about small businesses, entrepreneurship, the redevelopment and revitalization of small towns and his team’s groundbreaking “Hustle Hard” approach. He is truly passionate about helping communities develop and grow their “entrepreneurial ecosystem.”

Connect with Jason at:

https://smallnationstrong.com

Small Nation Podcast

Sign up for the Small Nation email list on the website above!

Jason’s Li’l Nugget:

Advertising! It is very simple, but a lot of owners/investors miss it. Create visually grabbing signage and share value add material on social media and email. Don’t just try to “sell” or be spammy with your audience. 

Connect with your Hosts:

Garrett Gatton

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[email protected]

Seth Ciminillo

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[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#15) we interview Jeremiah Boucher. Jeremiah is a value investor who specializes in the acquisition and development of alternative commercial real estate assets. Since 2001, Jeremiah has aggregated a $320M portfolio, with a focus on self-storage, manufactured housing, and industrial assets. For over a decade, Jeremiah has cultivated trust and built solid relationships with hundreds of sellers and brokers, providing consistent off-market deal flow. His vision for Patriot is to grow its portfolio to over one billion dollars of assets within 5-10 years. For the past 20 years, Jeremiah has been “finding the edge” in commercial real estate markets, achieving outsized returns for all investors and stakeholders involved. 

Connect with Jeremiah at:

https://jeremiahboucher.com
Jeremiah’s book: “Finding Your Edge: How to Win at the Game of Commercial Real Estate Investing”
https://www.patriotholdings.com
LinkedIn

Jeremiah’s Li’l Nugget:

Build a relationship with a local bank in the area you are trying to invest in. Open a business account and even deposit some money in some CDs in order to cultivate that relationship. This will open doors to better and more reliable financing opportunities for the areas you are investing in.  

Connect with your Hosts:

Garrett Gatton

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Facebook

[email protected]

Seth Ciminillo

LinkedIn

Facebook

[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#14) we interview Corey Woodruff. Corey started his real estate journey with buying a mobile home park with owner financing terms and he has exploded from there the past 6 years. He now has $100+ million in assets under management. Corey is the founder and CEO of CMH Capital. He became an expert at deal finding and raising money, and started to build his mobile home park empire. Listen in to hear about Corey’s amazing journey and what he has learned along the way. 

Connect with Corey at:

https://cmhcapitalinc.com
Email: [email protected]
LinkedIn

Corey’s Li’l Nugget:

Don’t get stuck in the weeds! Don’t make the mistake of letting details get in the way of ever moving forward. 

Connect with your Hosts:

Garrett Gatton
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Facebook
[email protected]

Seth Ciminillo
LinkedIn
Facebook
[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#13) We interview J. Grant Neal. Grant is a real estate attorney and is experienced in helping investors and business owners with tenant/landlord law as it pertains to leases. Listen in to hear common pitfalls or oversights when it comes to lease agreements and what things are recommended to include when setting up a lease with your tenants. Grant’s practice extends to the fields of Personal Injury, Real Estate, Estates and Wills, civil litigation, contract review, appeals, and business formation. He has served as the City Law Director for Wapakoneta since the beginning of 2020.

Connect with Grant at:

Huffman, Kelly & Brock, LLC Website

Phone: 419-227-4752

Contact Grant or utilize his services!

Grant’s Li’l Nugget:

Sometimes it is not always better or necessary to start an LLC for your investment property. Of course it always depends on your investment strategy and goals but additional costs are associated with having an investment property in a LLC rather than your personal name. One of the overlooked downsides is that you are required to hire an attorney to handle an eviction if the property is held in a LLC. If the property is held in your personal name, you or your property manager can handle the eviction by yourself and save hundreds of dollars for each eviction. 

Connect with your Hosts:

Garrett Gatton

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Facebook

[email protected]

Seth Ciminillo

LinkedIn

Facebook

[email protected]

Li'l Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.

In today's episode (#12) we interview ourselves!  This episode is dedicated to talking about house hacking. Garrett and Seth break down the process of househacking and work through 2 case studies of how this strategy played out in real life scenarios. The beauty is…. ANYONE CAN DO IT! Listen in to find out how you can get started in real estate investing by house hacking.

Garrett’s Li’l Nugget:

If you are considering house hacking - you can be more competitive on your offer because of your owner occupant financing options! Ask your lender and real estate agent about it! 

Connect with your Hosts:

Garrett Gatton
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Facebook
[email protected]

Seth Ciminillo
LinkedIn
Facebook
[email protected]

Lil Nugget Segment music: "Hip-Hop 1" by Deff Syndicate is marked with CC BY 3.0.