Skyline Views

The real estate investing asset class with the lowest barrier to entry is the single family rental. That’s the reason most people find themselves starting there. Some people actually inherit homes from grandparents or older relatives, and become accidental landlords. What is the outlook for the single family rental market going into 2021, on the heels of the most ridiculous economic scene some of us have seen in our lifetime? Gaston Escudero from NexPoint is back to discuss the economics behind the single family rental market, it’s history as an asset class, and his outlook going forward.

 

Enjoy the episode!

 

Key Points:

What lasting affects will 2020 have on the 2021 single family rental market? (2:28)

Institutional investor behavior coming out of market downturns in the last 15 years (4:22)

Who are the owners right now of single family rentals, and what is the trend? (8:27)

SFH renter profile versus an apartment renter profile (10:20)

Historical trends, credit, and appreciation affecting the market (12:43)

The role of property management (18:53)

Insulating yourself and your money in an environment of inflation (21:18)

Long-term outlook on the single family rental asset class (25:14)

 

Resources:

NexPoint - https://www.nexpoint.com/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

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What are you going to do if you can no longer do a 1031 Exchange? What are your options? These are questions that are being asked in real estate investing circles all over the country right now. A favorite but lesser-known option for deferring capital gains taxes is the Deferred Sales Trust™. If you are ultra high net worth, or are intending to sell a business, commercial real estate, or anything with a large capital gains liability, you need to know about the Deferred Sales Trust™, and you need to listen to this conversation I had with Brett Swarts, Founder and CEO of Capital Gains Tax Solutions.

 

Brett created Capital Gains Tax Solutions to equip high net worth individuals and their trusted advisors with the Deferred Sales Trust™ tool to help them solve capital gains tax deferral limitations. The first step to a great exit and wealth plan is to sell your highly appreciated assets when the time is right for you. The second step is to defer your capital gains tax, pay off your debt and remove funds from your taxable estate. The last step is to have the funds invested in a diversified portfolio of liquid investments and real estate. The foundation to these 3 steps is timing.

 

Enjoy the episode!

 

Key Points:

Brett shares his start in real estate as a broker and how he came across Deferred Sales Trusts (1:01)

The “Perfect Storm” forming against real estate investors and baby boomers (4:56)

The “Blockbuster” way of doing things versus the “Netflix” way of doing things (8:19)

The 3 Secrets of an Optimal Timing Transformational Exit or Wealth Plan (11:57)

Step by step through an example deal (14:15)

How does the relationship with the funds work once they’re in the trust? (19:14)

Brett explains how deferred sales trusts fit into the estate planning process (24:21)

Critical information for high-net-worth families (26:49)

Options for your interest payments and income tax deferral (29:13)

 

Resources:

Capital Gains Tax Solutions – https://capitalgainstaxsolutions.com

 

CGTS YouTube – https://youtube.com/c/capitalgainstaxsolutions

 

Expert Tax Secrets – https://www.experttaxsecrets.com/main41645881

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

There’s a lot of value in being rooted in the town you’re investing in. You can keep a close eye on things, operate with excellence, and your portfolio will excel as a result. With this kind of base, you can then expand your operations thoughtfully and successfully. This is what today’s guest is doing. Willie J. Mandrell is a self-made multi-millionaire real estate investor, broker, coach, lecturer & author. As a buyer, seller, and broker he's been involved with well over 200 million in real estate transactions. He has been featured in numerous trade magazines and he is a frequent guest on real estate and wealth related podcast, television, & radios shows across the US. Willie is the author of Cash Flow Secrets, a book on real estate investing & finance tips most people are never taught but need to know. We discuss the city of Boston, what makes it tick, and what it looks like to invest successfully in this type of market.

 

Key Points:

How and why Willie came into real estate (0:31)

How much should you allocate toward real estate and how much should you keep liquid? (4:06)

Willie’s favorite asset class (6:55)

Willie’s preferred investment, and how he applies the BRRR Strategy (8:02)

Willie shares his views on the Boston market and what he sees going forward (9:37)

What will it take for Boston rental rates to recover (13:51)

What other major employers affect the Boston rental market? (16:31)

What’s next for the Mandrell Company? (17:21)

 

Resources:

The Mandrell Company YouTube - https://www.youtube.com/wmandrell

 

Cash Flow Secrets: Real Estate, Investing & Wealth Management Principles They Failed To Teach - https://www.amazon.com/Cash-Flow-Secrets-Management-Principles/dp/1734960906

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

More Skyline Views episodes – http://mrcdmills.com/skyline-views/

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

Military families have unique opportunities, as well as unique challenges, surrounding investing and retirement. Real estate investing while on active duty takes finesse, in addition to raising capital, especially when you’re doing it from the other side of the world.

 

My guest today is Mr. Anthony Pinto. He is the Chief Operations Officer for Mission First Capital and the founder of Pinto Capital Investments. Anthony specializes in investing in commercial real estate and apartment buildings. Specifically, he seeks out and acquire B to C class apartment buildings as value-add acquisitions. Working with experienced syndicators and partners, Anthony continues to acquire larger apartment buildings across the Southeast US, focusing on the Hampton Roads, VA and Georgia markets. Across the Hampton Roads MSA, Anthony has $20M in AUM and controls more than 300 units, all acquired in 2020.

 

Key Points:

Anthony shares his start into real estate (1:10)

What’s the best way to make the jump from small deals to larger deals? (5:36)

Building a team to support your investing career (9:44)

Why invest in real estate in 2021? (13:50)

Benefits available to military real estate investors (21:01)

 

Resources:

Mission First Capital – https://missionfirstcapital.co/

 

Anthony’s LinkedIn – https://www.linkedin.com/in/anthony-pinto/

 

What It Takes - https://www.amazon.com/What-Takes-Lessons-Pursuit-Excellence/dp/1501158147/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

If we know each other as real estate investors and I have not introduced you to Matthew Drane, I sincerely apologize. Matt is a great guest for Skyline Views (or for any podcast, for that matter) because he is a highly skilled and seasoned investor. He loves to share knowledge and ideas, and he does so in spades in this episode. Matt is a broker with Marcus & Millichap in Columbus, Ohio, and he’s one of the smartest multifamily real estate investors you could hope to meet. I’m excited to share this episode with you as we discuss Columbus, Ohio, multifamily apartment investing in 2020 vs 2021, and investing for your legacy.

 

Key Points:

Matt shares his background and his start in real estate (0:35)

Columbus, Ohio market 2020 year recap (1:31)

Sentiment among buyers, sellers, and lenders entering into 2021 (4:13)

Why invest in Columbus vs other metros? (4:46)

Lending trends in stabilized assets and new construction (6:22)

Market trends within the multifamily asset class (9:33)

Where have all the Class B properties gone? (11:22)

Matt and I talk Legacy and personal projects (12:50)

Matt’s personal thoughts on where to put capital right now (16:57)

Matt shares expert principles for brokers for 2021 (21:40)

 

Resources:

Matt’s LinkedIn - https://www.linkedin.com/in/mdrane/

 

Matt’s Instagram - https://www.instagram.com/mdrane1911/

 

Schedule a call w/ Matt - https://calendly.com/matthew-drane

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

If you’re listening to this podcast on a regular basis you’re probably an advanced and experienced investor. Skyline Views covers various markets and areas of expertise for folks who invest nationally. However, how often do you revisit your mindset as an investor? Maybe you’re a successful businessperson who invests passively through partnerships all over the country. This episode addresses both the mindset of the investor, as well as what to look for in a partner. We also examine Denver as an MSA and why we like it. My guest is a real estate entrepreneur and host of the Investor Mindset Podcast, Mr. Steven Pesavento. Steven is also Managing Partner of VonFinch Capital. Between VonFinch and the podcast, Steven has interviewed and worked with some of the best investors in the business. He shares with us in this show what makes a great investor, what makes a great partner, and the roles you can play as your real estate investing path progresses.

 

Key Points:

Steven explains his start and how he stumbled upon real estate (0:34)

What should a new passive investor expect, from their first email to their first check? (2:12)

How Steven works with people who are figuring out what they want out of investments (7:12)

Steven discusses his favorite asset class, spreading out risk, and predictability (9:20)

Denver as an MSA, the numbers, the sweet spot, and the economics (11:32)

Due diligence on multifamily syndication sponsors, and the deals themselves (16:52)

The Ultimate Passive Investor Playbook (20:33)

 

Resources:

The Investor Mindset Podcast - https://www.stevenpesavento.com/podcast/

 

VonFinch Capital - https://www.vonfinch.com/

 

The Ultimate Passive Investor Playbook - https://action.theinvestormindset.com/passive-investor-playbook

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

Many of us invest in real estate for the freedom and relative control that it provides. What if you could build a lifestyle that allows you to live wherever you want, invest wherever you want, and experience that freedom on your own terms? My guest this week is doing exactly that. Billy Keels is a fellow problem-solver, international real estate entrepreneur, author, mentor, and host of the Going Long Podcast.

 

Alternative Investments are a great compliment to your overall portfolio. Billy and I discuss some of the opportunities he’s found to compliment his real asset investing. We also discuss the Charlotte, NC MSA and what led Billy to invest there.

 

Key Points:

Billy shares his background and how he got into real estate (0:37)

How and why Billy selected the Charlotte, NC MSA (5:07)

Billy’s top two criteria for choosing a market (9:01)

Should you invest where you live, or choose a market strictly on investment criteria? (10:59)

If you are considering moving from part-time into full-time real estate, what is the best time to make that move? (14:15)

Billy shares his thoughts on what opportunities 2021 will bring and the investment landscape moving forward (15:57)

Opportunities in the energy sector for accredited investors (18:24)

Why types of underlying assets are in these energy investments? (21:35)

Thoughts around ESG investing and voting with your dollars (23:21)

How and why Billy got his capital working through ATM machines (24:10)

Billy Keels shares his thoughts on what is more important than money (27:22)

How to choose complimentary investments to benefit your real estate portfolio (28:43)

 

Resources:

Billy’s website - http://billykeels.com/

 

Billy’s LinkedIn - https://www.linkedin.com/in/billykeels/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

Miami real estate is flying off the shelves right now. Asset classes are not only recovering strong from 2020, but Miami as a whole proved a lot more resilient than in past downturns. In a market that is white hot, sometimes it takes creative commercial strategies to get the deal done. In this episode of Skyline views we dive into the numbers of how Miami fared in 2020 and why. If you are interested in Miami real estate investment in 2021, whether it’s in multifamily, retail, luxury SFH, especially on the development side, this episode is for you.

 

My guest today is Kristine Flook of Urbanize properties, a boutique South Florida brokerage team. She represents buyers and sellers of multifamily and commercial properties. Kristine will source cash flowing properties for investors through networking, hustle, and proven investment skills. In this episode, we also discuss opportunities surrounding dark properties, off-market properties, and how important it is to know the right people. 

 

Key Points:

Kristine explains how she got her start (0:31)

Kristine and I discuss the numbers and how Miami fared in 2020 (1:44)

Drivers behind different asset classes in Miami (3:33)

Tax benefits behind being a Florida resident (5:18)

Little know nuggets about Miami neighborhoods (6:03)

Dark property conversions (9:01)

Finding off-market properties  (10:45)

Coming opportunities and opportunistic areas in Miami in 2021 (11:55)

What should investors be looking for when they’re looking online at Miami? (13:30)

Resources that Kristine uses to stay on top of things (15:12)

Kristine shares what she does in her free time (15:55)

 

 

Resources:

 

Kristine’s LinkedIn – https://www.linkedin.com/in/kristineflook/

 

Urbanize Properties – https://urbanizeproperties.com/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

Why would you pull your capital and deploy it in a different country? Why Ottawa? Canada, our neighbors to the north, have a lot of opportunities presenting themselves in 2021. My guest this week is Nick Kyte of Coldwell Banker First Ottawa Realty. We discuss the Canada markets, the differences in the process, short term rentals, and second/retirement homes. Nick is a great resource for anyone looking into the possibility of investing in Ottawa or Canada.

 

Key Points:

Nick’s background (0:40)

Canada as a safe haven, and the 3 major centers of influence (1:37)

What’s unique about luxury real estate in Canada? (4:55)

Nick explains the differences in the process for foreign investors (6:25)

There are some differences in the process between purchasing in the US and purchasing in Canada (8:29)

Commercial purchases in Ottawa (10:43)

Short term rental market update (11:39)

Are secondary properties more risk or more opportunity? (12:59)

Landlord tenant laws in Canada (15:36)

Resources for researching investing in Canadian markets (17:39)

How Canadians stand out (23:02)

 

Resources:

Nick’s website - https://nickkyte.com/main

 

Nick’s LinkedIn - https://www.linkedin.com/in/nickjkyte/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.

Savvy investors use 1031 Exchanges on a regular basis as a part of their overall investment strategy. A bit more complex are techniques like Construction Exchanges and Reverse Exchanges. The way these advanced 1031 Exchange techniques can play in and be taken advantage of will definitely take your investing game to another level. Today’s guest shares invaluable insights into these Exchanges, their history, and the role they play in your investment tool belt. Knowing how and when to employ the advanced 1031 Exchange techniques we discuss in this episode is key, and Dave Foster returns to Skyline Views to explain all that to you.

 

My guest Dave Foster is a degreed accountant, Qualified Intermediary, and serial real estate investor. He has decades of experience helping investors like you maximize their returns through tax saving strategies. If you read Legacy 101 and are implementing your Century Plan, those strategies will be key to your success.

Key Points:

Dave explains his background and interest in real estate (0:45)

The history of the 1031 Exchange (2:00)

The origin of the timeline of the 1031 Exchange (4:52)

A reverse exchange, how it came about and how it works (7:44)

What issues come up in the Construction 1031 Exchange as a result of hang ups in the construction process? (16:49)

Construction management agreements in the Construction Exchange (19:55)

Safe Harbor for 1031 Exchanges (20:50)

A reliable backup in case your construction process falls short (23:03)

Dave explains what he’s seeing in the market (25:20)

Retirement strategies involving 1031 Exchanges (27:28)

Dave’s thoughts on 2021 (32:05)

Factoring in the cost of money (35:30)

 

Resources:

The 1031 Investor Educational Resources - https://www.the1031investor.com/

 

Whatever Happened to Penny Candy? – https://www.amazon.com/Whatever-Happened-Explanation-Economics-Investments-dp-0942617649/dp/0942617649/

 

What’s a DST? – http://whatsadst.com/

 

Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/

 

Learn more about The Haney Company here – https://www.thehaneycompany.com/

 

Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050

 

Subscribe on Spotify, Apple, Google, Stitcher, iHeart.