We'd love to hear from you. What are your thoughts and questions?

Corri Golden shares his journey in real estate investing, from initial doubts to finding success in commercial real estate. He discusses the challenges, mindset shifts, and the transition from single-family to multifamily investing. Corri also explains his business model and the decision to run his business from Portugal.

Main Points:

• Overcoming doubt and fear is crucial in pursuing real estate investing.
• Transitioning from single-family to multifamily properties requires mindset shifts and strategic planning.
• Building a business model that aligns with personal goals and values is essential for long-term success in real estate.
• Relocating and running a real estate business remotely requires effective systems, processes, and trustworthy partners.

Connect with Corri Golden:

• [email protected]
• https://www.instagram.com/corrigolden/
• https://www.linkedin.com/in/corri-golden-b96313272/
• http://investwithgolden.com

We'd love to hear from you. What are your thoughts and questions?

Frank Rizzo, a mobile home park investor, shares his journey and expertise in the industry. He explains how he transitioned from residential real estate to mobile home park investing and the opportunities he found in this asset class. Rizzo emphasizes the importance of ownership and creating value through community development. He discusses the challenges and transformations he has experienced in turning around mobile home parks, including improving community standards and attracting new residents. Rizzo also highlights the role of Stone Capital Investors in providing opportunities for passive investors in the mobile home park space.

Main Points: 

• Mobile home parks offer opportunities for wealth creation and legacy building through ownership.
• Transforming mobile home parks involves improving community standards and creating a sense of community.
• Stone Capital Investors provides opportunities for passive investors in the mobile home park space.
• Affordability is a key factor driving the demand for mobile home parks.

Connect with Frank Rizzo: 

• [email protected]
• https://www.stonecapinv.com/
• https://themhpexchange.com/
• https://www.facebook.com/TrailerparkTurnaround https://www.facebook.com/mhpexchange
• https://www.instagram.com/frank.rizz/
• https://www.linkedin.com/in/frank-rizzo-20818843/
• https://www.youtube.com/@TrailerParkTurnaround

We'd love to hear from you. What are your thoughts and questions?

Jered Sturm, CEO of SNS Capital Group, shares his journey from being a maintenance technician to a successful real estate investor. He emphasizes the importance of understanding your core competency and aligning your business strategy with it. Jered also discusses the power of creating a vivid vision for your organization and empowering your team to reverse engineer the actions needed to achieve that vision. He highlights the significance of on-site operations and the people who work there in driving financial returns. Jered's commitment to family and community is reflected in his mission to deliver the feeling of home and create stability, belonging, and respect in his properties.

Main Points: 

• Understand your core competency and align your business strategy with it.
• Create a vivid vision for your organization and empower your team to reverse engineer the actions needed to achieve that vision.
• Focus on on-site operations and the people who work there to drive financial returns.
• Balance success as a real estate investor with a commitment to family and community.

Connect With Jered Sturm

• https://www.snscapitalgroup.com/
• https://www.facebook.com/snscapitalgroup https://www.facebook.com/SNSmanagementLLC
• https://www.instagram.com/snscapitalgroup/  https://www.instagram.com/snsmanagement_/
• https://www.linkedin.com/company/sns-management/
• https://www.linkedin.com/company/snscapitalgroup/

We'd love to hear from you. What are your thoughts and questions?

In this episode, host Allen Lomax and guest Jerry Miller discuss Warren Buffett's quote about being fearful when others are greedy and greedy when others are fearful. They explore how this quote applies to the current real estate market and provide insights on investing in different asset classes. Jerry shares his experience in land development and explains the concept of the capital stack. They also discuss the importance of evaluating risk and return when deciding on the right investment for each individual investor.

Main Points:

• Evaluate deals on an individual basis rather than following the herd mentality.
• Understand the specific market, asset class, and asset strategy when assessing real estate investments.
• Consider the balance between cash flow and appreciation when investing in syndications.
• Diversify your investment portfolio and consider how each investment fits into your overall strategy.
• Be aware of data manipulation and look at long-term trends rather than single data points.
• Land development can offer opportunities for attractive returns due to the housing shortage.
• The capital stack refers to the full amount of money required for a real estate deal, including debt and equity sources.
• Different types of land development projects, such as entry-level housing and high-end custom homes, offer varying levels of risk and return.
• Investors should consider their risk tolerance, investment horizon, and overall financial goals when deciding on the right investment for them.

Connect with Jerry Miller:

• [email protected]
• largogroup2011.com
• https://www.facebook.com/largogroup2011
• https://www.instagram.com/jerrymillerrealestate/
• https://www.linkedin.com/in/jerry-miller-948b7a17/

We'd love to hear from you. What are your thoughts and questions?

Gino Barbaro, co-founder of Jake and Gino, shares his secrets for scaling multifamily investments and developing a successful real estate business. He emphasizes the importance of hard work, humility, and continuous learning. Gino discusses the market shifts and surprises he has experienced, including the impact of interest rates and inflation. He also highlights the significance of core values and a cadence of accountability in building a successful organization. Gino introduces his new program, Passive Investor Pro, which aims to educate passive investors on investing intelligently in real estate. He concludes by discussing the three pillars of real estate: market cycle, debt, and exit strategy.

Main Points:

• Hard work, humility, and continuous learning are key to scaling multifamily investments and developing a successful real estate business.
• Market shifts, such as changes in interest rates and inflation, can have a significant impact on real estate investments.
• Having core values and a cadence of accountability is crucial for building a successful organization.
• Passive investors should educate themselves on the framework of real estate investing to make informed decisions and mitigate risks.
• The three pillars of real estate are market cycle, debt, and exit strategy.

Connect with Gino Barbaro:

• [email protected]
• https://jakeandgino.com/apply/
• https://www.facebook.com/jakeandgino
• https://www.instagram.com/jakeandgino/
• https://www.linkedin.com/in/gino-barbaro-03973b4b

We'd love to hear from you. What are your thoughts and questions?

Stewart Heath, a certified public accountant with over 20 years of experience in commercial real estate, discusses the importance of including real estate in every investor's portfolio. He highlights the stability and cash flow nature of real estate investments, emphasizing that it should be a core holding. Heath also discusses the potential shift in dominance from public markets to private placements in the future, driven by technology and the emergence of regulation A offerings. He explains that office buildings are not dead, but different subcategories of office spaces may experience varying levels of pain. Heath also shares his rules for investing in real estate, including the importance of location, making money on the buy, and risk mitigation.

Main Points:

• Real estate should be a core holding in every investor's portfolio due to its stability and cash flow nature.
• The dominance of public markets may shift to private placements in the future, driven by technology and the emergence of regulation A offerings.
• Different subcategories of office spaces may experience varying levels of pain, but office buildings are not dead.
• Investors should focus on location, make money on the buy, and prioritize risk mitigation when investing in real estate. 

Connect With Stewart Heath:

• [email protected]
• https://www.facebook.com/stewartoheath
• https://www.linkedin.com/in/stewartoheath/
• https://harvardgracecapital.com/about/

We'd love to hear from you. What are your thoughts and questions?

Lee Yoder, CEO of Threefold REI, shares his journey from physical therapist to apartment syndicator and the growth of his real estate portfolio. Over the past two years, Lee has acquired several apartment complexes and transitioned from third-party property management to in-house management. He discusses the challenges and rewards of this transition, including implementing property management software and managing employees. Lee emphasizes the importance of patience in the current real estate market and advises investors to focus on the long-term game. He also highlights the mission-focused approach of Threefold REI and the company's commitment to providing quality housing for residents.

Main Points:

• Transitioning from third-party property management to in-house management can be challenging but can also lead to cost savings and greater control over the properties.
• Implementing property management software requires a learning curve, but it allows for better financial management and streamlining of processes.
• Hiring and managing employees can be rewarding but also comes with its own set of challenges, such as payroll, benefits, and team dynamics.
• In the current real estate market, patience is key as prices remain high and interest rates are increasing. Opportunities may arise as distressed owners look to sell.
• Real estate is a long-term game, and success comes from operating properties well and focusing on providing quality housing for residents.

Connect with Lee Yoder:

• [email protected]
• https://threefoldrei.com/
• linkedin.com/in/lee-yoder-25793215a

We'd love to hear from you. What are your thoughts and questions?

Chris Pomerleau, a successful real estate investor and founder of LeavenWealth , shares his journey and insights in the past two years. He discusses the importance of surrounding oneself with like-minded individuals and building a strong team. Chris emphasizes the benefits of passive investing in real estate, including the ability to generate long-term wealth and passive income. He highlights the four ways real estate investors can make money: cash flow, appreciation, depreciation, and equity paydown. Chris also explains the concept of infinite returns through refinancing and rolling money into new investments. He concludes by discussing the difference between direct syndication and fund investment.

Main Points:

• Surround yourself with like-minded individuals and build a strong team to support your real estate investment journey.
• Passive investing in real estate allows for long-term wealth creation and passive income.
• Real estate investors can make money through cash flow, appreciation, depreciation, and equity paydown.
• Infinite returns can be achieved through refinancing and rolling money into new investments.
• Direct syndication and fund investment offer different approaches to real estate investing.

Connect with Chris Pomerleau:

• [email protected]
• https://www.linkedin.com/in/cashflowwithchris/
• https://www.leavenwealth.com/

We'd love to hear from you. What are your thoughts and questions?

Summary

Denis Shapiro discusses what to look for in an income fund and the risks of investing in private equities. He emphasizes the importance of understanding the safety and collateralization of the assets in an income fund and the track record of the fund manager. He also explains the difference between closed-ended funds and evergreen funds, highlighting the potential risks of evergreen funds. Shapiro advises using LinkedIn to educate oneself and learn the language of real estate investing before attending meetups. He also discusses the benefits of investment clubs and the misconceptions about real estate syndication and investing in affordable housing.

Main Points:

• When investing in an income fund, it is important to understand the safety and collateralization of the assets and the track record of the fund manager.
• Closed-ended funds have a set time period and money cannot go in and out, while evergreen funds allow for liquidity but can be risky.
• Using LinkedIn to educate oneself and learn the language of real estate investing before attending meetups can be beneficial.
• Investment clubs can provide opportunities for pooling resources and sharing knowledge.
• There are misconceptions about the passive nature of real estate syndication and the tax benefits of commercial real estate investing.
• Investing in affordable housing can provide a barrier of entry and a long-term exit plan.
• Investing with partners who are operators rather than just capital raisers can lead to more active involvement and better decision-making.
• Proper due diligence is crucial when investing in real estate syndication.

Connect with Denis Shapiro:

• [email protected]
• @sihcapitalgroup8963
• http://SIHCapitalGroup.com
• https://www.linkedin.com/in/denisshapiro/
• https://www.facebook.com/sihcapitalgroup

We'd love to hear from you. What are your thoughts and questions?

In this episode, Allen Lomax interviews Darrin Peppard, an author, leadership coach, consultant, and speaker focused on organizational culture and growing emerging leaders. Darrin shares his journey from being a high school principal to becoming a leadership coach. They discuss the importance of finding passion in leadership, the pitfalls of constantly putting out fires, and the need for leaders to focus on what truly matters. Darrin offers virtual and in-person coaching, as well as team facilitation to help leaders gain clarity and achieve their goals. The key takeaway is that leaders must be clear about their values, be intentional in their actions, and communicate effectively to get everyone moving in the same direction.

Main Points: 

• Find passion in leadership to truly excel in your role.
• Avoid constantly putting out fires and focus on what truly matters.
• Be clear about your values and be intentional in your actions.
• Effective communication is key to getting everyone moving in the same direction.
• I am giving a free ebook to all listeners of the show by going to this link: https://walkinyourpurpose.roadtoawesome.net/ebook

Connect with Darrin Peppard:

• [email protected]
• https://www.facebook.com/darrin.peppard
• https://www.instagram.com/darrin_m_peppard/
• https://www.linkedin.com/in/darrin-m-peppard-ed-d-29a7a147/
• https://www.tiktok.com/@darrinmpeppard
• https://twitter.com/DarrinMPeppard
• https://www.youtube.com/channel/UCvSqwcmCOMCFGehJTUlmC3Q