Taking Action with Multifamily

Ryan Daigle lives in the Raleigh-Durham area of North Carolina and is a twenty-year veteran of the software industry. His last role was as CTO of a Durham-based fintech startup, which he saw grow from 3 employees to 80 during his 6 years there. After he grew disenchanted with the returns on his 401K and stock portfolios, he started looking for alternative investment approaches and discovered real estate.

After a single burst style residential investment, he quickly turned to multifamily real estate for its economy of scale and long term demographic support. Ryan is now a limited partner in over 700 units and GP owner in 80. 

Join us in this episode as we talk and learn 

[00:01 – 03:23] Opening Segment

• I welcome our guest, Ryan Daigle
• I talk about the background of our guest
• Ryan talks about his background and journey in multifamily real estate

[03:24 – 08:32] Why Ryan invested in Real Estate

• Ryan talks about why he chose to invest in real estate
• Why Ryan shifted from single-family to multifamily

[08:33 – 24:22] 0-80 Units in 10 Months

• Don’t overspecialize your process early on
• 3 Things you need to get into real estate and multifamily
  • Time
  • Money
  • Experience
• Taking advantage of your strengths to overcome your weaknesses
• How Ryan got his first deal as a General Partner 
• The importance of networking in real estate
• The right mindset when participating in networking events
• Ryan’s take on the Internal Rate of Return(IRR)

[24:23 – 28:32] TIME TO TAKE ACTION

• Actionable steps/tips listeners can do to help their real estate investing career
  • Find your gap
  • Plan how to fill those gaps
  • Take that action and find an accountability partner
• The main takeaway
• Connect with Ryan. See the links below.
• Final thoughts

Tweetable Quotes:

“Real is easy, but it doesn’t mean it’s simple.” - Ryan Daigle

“My mindset around prosperity, wealth, and retirement changed. Instead of trying to accumulate as much as I could like a little squirrel and getting this big number that I would then just whittle down over the years in retirement. I really wanted to buy assets that would pay me over time, and create that passive income.” - Ryan Daigle 

“Just because I did something once, doesn’t mean I have to put a system or a process in place. You need to do it a few times before you can actually identify what are the parts of that process that are useful and valuable to systematize.” - Ryan Daigle

Resources Mentioned:

• Flywheel Equity

Connect with Ryan, visit https://flywheeleq.com/. Follow their Socials on Instagram and Facebook

Guest Email: [email protected] 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

Arn Cenedella is the CEO and Founder of Spark Investment Group. With more than four decades of experience, including 35 years as a Realtor navigating unique real estate landscape in Silicon Valley, CA. Arn invested in real estate ranging from single-family homes, fix-and-flips to land subdivisions and condominium conversions to commercial multifamily properties. Through these experiences, he developed a passion for helping others achieve their own financial freedom through investing in multifamily real estate syndications.

Join us in this episode as we talk and learn from his decades of experience in real estate

[00:01 – 03:56] Opening Segment

• I welcome our guest, Arn Cenedella
• I talk about the background of our guest
• Arn talks about his background and journey in real estate

[03:57 – 13:29] Single to multifamily real estate

• Transition from single-family to multifamily
• Arn talks about the challenges and hurdles he faced as he shifted to multifamily
• The long term endeavor that is Real estate

[13:30 – 19:08] Why Invest in multifamily real estate

• Arn’s reason to invest in multifamily real estate
• Scalability of a multifamily property

[19:09 – 24:11] Advice from Four Decades of Real Estate Experience

• Arn’s advice to aspiring investors
  • Try to hit base hits, don’t go for the grand slam
  • Don’t overextend yourself
• Educating yourself and Underwriting deals with realistic expenses

[24:12 – 29:00] TIME TO TAKE ACTION

• Actionable steps/tips listeners can do to help their real estate investing career
  • Join a local real estate investing network
  • Listen and take notes on podcasts
  • Educate yourself on different markets
• The main takeaway
• Connect with Arn. See the links below.
• Final thoughts

Tweetable Quotes:

“The biggest mistake I’ve made in my life has been when I made decisions on how I wanted things to be, instead of how things actually work. So as an Investor, you look at reality and make decisions based on reality.” - Arn Cenedella

“One of the great things about moving into multifamily is the relationships and partnerships you build.” - Arn Cenedella

“Real estate is a long term investment endeavor, it’s not a get rich quick scheme.” - Arn Cenedella

“For me, slow and steady wins the race. Let time population growth and inflation work for you.” - Arn Cenedella

Resources Mentioned:

• Meetup

To learn more, Connect with Arn at [email protected] or visit https://investwithspark.com/ 

Arn’s Contact Number: 650-575-6114

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

For the final episode of our Guide to MF Real Estate, we have Jorge Abreu who’s gonna talk to us about the final piece of the puzzle. Jorge has been investing in real estate full-time for over 14 years. He started in Single-family and small multifamily properties. He’s wholesale over 200+ properties, fixed and flipped over 100+ properties, and developed several new construction projects. For the past 3 years, he has solely focused on large multifamily properties. 

Join us in this episode as we talk and learn about Acquisition and Due Diligence

[00:01 – 06:25] Opening Segment

• I welcome our guest, 
• I talk about the background of our guest
• Jorge talks about his background and recent investments
• Jorge’s strength when it comes to multifamily

[06:26 – 24:50] Acquisition and Due Diligence

• Jorge’s approach to sourcing deals
  • Build your criteria
  • Get to know the market
  • Build relationships with brokers
• Filtering the deals they want to take on
• How they manage expenses
• Underwriting deals
• Jorge talks about Due Diligence

[24:51 – 27:49] TIME TO TAKE ACTION

• Actionable steps/tips listeners can do to help their real estate investing career
  • Build out your property criteria
  • Put more focus on finding deals to fix and improve your criteria
  • Have a system to deal with the flow and process
• The main takeaway
• Connect with Jorge. See the links below.
• Final thoughts

Tweetable Quotes:

“You can waste a lot of time in multifamily. There’s a ton of deals out there, you can just run in circles and drive yourself insane. So first you have to have some type of system--how you’re gonna source deals, how you’re gonna evaluate them, and really focus your energy so you can find deals.” -  Jorge Abreu

“We’re pretty efficient, want to make sure we know what we’re buying and turn over all the rocks.” - Jorge Abreu

 Resources Mentioned:

• JNT Constructions

To learn more, Send Jorge an email at [email protected] or visit https://www.elevatecig.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

For part 4 of our Guide to MF Real Estate, we have Hunter Thompson, the leading expert about everything you need to know about Raising Capital. Hunter is a full-time real estate investor and founder of Asym Capital, a private equity firm based out of LA, California. Since founding Asym Capital, he has overseen the purchase of more than 90 Million Dollars worth of real estate across a variety of asset classes.

Join us in this episode as we talk and learn about Raising Capital

[00:01 – 05:02] Opening Segment

• I welcome our guest, Hunter Thompson
• I talk about the background of our guest
• Hunter talks about his background

[05:03 – 12:49] Raising Capital

• Lessons he learned throughout his journey working for different companies
• Identifying trends in real estate syndications
• Hunter talks about the major idea of his book

[12:50 – 30:11] Tips to Raise Capital

• The 5 key momentum indicators to help raise capital
  • Sense of urgency
  • Speed of execution
  • Attention to Detail
  • Obsession with growth
  • Desire for expertise about new topics
• Lead Capture Mechanism
• Hunter shares Lessons he learned from his previous failures and shortcomings

[30:12 – 34:07] TIME TO TAKE ACTION

• Hunter shares actionable steps/tips listeners can do to help their real estate investing career
• The main takeaway
• Connect with Chris and Paul online. See the links below.
• Final thoughts

Tweetable Quotes:

“Don’t play small ball because that’s not what this industry is all about.” - Hunter Thompson

“When you fail, it provides you with the tools for later successes.” - Hunter Thompson

“Everything you do in your business should be designed around replications, scalability, attracting the right clients, standing out, and being yourself.” - Hunter Thompson

“If you’re to take the time to build a website, you have to have a compelling lead capture mechanism which provides instant value in exchange for an email address..” - Hunter Thompson

Resources Mentioned:

• Raising Capital for Real Estate by Hunter Thompson
• Cash Flow Connections Real Estate Podcast
• The Go-Giver by Bob Burg
• 111 Questions Passive Investors Should Be Asking
• Rev
• Upwork
• Mixmax

To learn more, connect with Hunter on LinkedIn or send him an email at [email protected]. Visit https://asymcapital.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

For episode 3 of our Guide to MF Real Estate, we have The Founder and CEO of Sterling Rhino Capital Chris Roberts with his Co-Founder and COO Paul Wilcox. Chris has been a full-time entrepreneur and investor since 2007. He owns and operates a multimillion-dollar Sales and Marketing Company among others. Paul gained his business experience working in the commercial construction industry for over 20 years in the NY/NJ market. Joining a 100-year old commercial painting and flooring company at the age of 23, Paul became an expert in estimating and project management.

Join us in this episode as we talk and learn about partnerships and why it’s so important

[00:01 – 05:59] Opening Segment

• I welcome our guests, Chris Roberts and Paul Wilcox
• I talk about the background of our guests
• Chris talks about his journey in Real estate on how he found his way to Multifamily
• Paul shares his background and how he found himself investing in real estate

[06:00 – 23:02] Structuring the Right Partnerships

• How Chris and Paul met and eventually formed a partnership
• Scalability and Efficiency in partnerships
• Specific roles and responsibilities in the company
• The importance of having a team to support each other
• The crucial team members Chris and Paul look for before going into any market
  • Property manager
  • SCC and RE Attorney
  • CPA
  • Contractors
  • Brokers
  • Virtual Assistants
• The importance of Educating yourself
• Surrounding yourself with the right people

[23:03 – 33:18] Partnership Advice from The CEO and COO of Sterling Rhino Capital

• Chris’ advice to people looking for partnerships
• Paul’s advice on personal development and growth
• Having the right mindset
• Last piece of advice from Paul and Chris on partnerships

[33:19 – 38:50] TIME TO TAKE ACTION

• Chris and Paul each give three actionable steps/tips listeners can do to help their real estate investing career
• The main takeaway
• Connect with Chris and Paul online. See the links below.
• Final thoughts

Tweetable Quotes:

“Just forget all the doubt for a second, just get it out of your mind and start thinking about how you’re going to rock this thing. Whatever it is, get out your own way.” - Chris Roberts

“If you’re really interested in being in the multi-family syndication space, you do not want to do this alone. There’s way too many moving parts and you need that support from a team.” - Paul Wilcox

“Don’t be the smartest person in the room, look for the people that really shine, and partner with those people or get advice or mentorship from those people.” - Paul Wilcox

“You have to know yourself before you can add value to the world.” - Chris Roberts

Resources Mentioned:

• BiggerPockets

To learn more visit their website at https://www.sterlingrhinocapital.com/. Check out their Investor Think Tank on Facebook and visit their YouTube Channel here

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

For episode 2 of our Guide to MF Real Estate, we have the pleasure of welcoming Annie Dickerson. She is the co-founder and COO at Goodegg Investments. Annie has invested in multifamily real estate since 2008. With over a decade of experience, her current portfolio spans multiple markets around the country and includes both active and passive investments. She specializes in strategic brand initiatives, investor education, and marketing.

Join us in this episode as we talk and learn about Branding Yourself

[00:01 – 06:34] Opening Segment

• I welcome our guest, Annie Dickerson
• Annie talks about her background
• How she got into Multifamily Real Estate
  • Their first taste of passive income
  • Her first venture into syndication and multifamily

[06:35 – 20:58] Branding Yourself

• The importance of building your brand
• Tips in creating a brand
  • Figure your ideal target investor
  • Look at your brand through the lens of your investor
• Narrowing down your target audience and investor avatar
• Annie talks about the importance of connecting with people with your content

[20:59 – 26:21] Virtual Assistants, Email Campaigns, and Automation

• Annie’s thoughts on hiring Virtual Assistants
• Email campaigns and automation

[26:22 – 31:59] TIME TO TAKE ACTION

• Key things you can do to move ahead on Real Estate or any business
• Annie shares tips to come up with a name for your brand
• The main takeaway
• Connect with Annie online. See the links below.
• Final thoughts

Tweetable Quotes:

“These days, passive investing is a great fit for our lifestyle.” - Annie Dickerson

“If you’re starting out, and you’re at that point where you want to scale more quickly, then building a brand is a fantastic step in starting to reach outside of your immediate family and friends; network and start to find new possible investor leads.” - Annie Dickerson

“I always try to figure out how to do things myself first. So when we hire somebody to do something, I can serve as a resource for them in case they get stuck. I can show them how we do it, and I can know if they are on target or not.” - Annie Dickerson

Resources Mentioned:

• Building a StoryBrand - Donald Miller

To learn more visit their website at https://goodegginvestments.com/. Send Annie an email at [email protected] 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

For the first episode of our Guide to buying Multifamily Real Estate series, we have the pleasure of having Marc Weisi join us. Marc started investing in Real Estate back in 2016, and has since built a small portfolio of single and multifamily assets. He has also participated in several commercial real estate syndications as a limited partner.

Join us in this episode as we talk and learn about Marc’s view on Market Selection

[00:01 – 05:36] Opening Segment

• I welcome our guest, Marc Weisi
• Marc talks about his background
  • His investments in different markets over the years
• Marc talks about the philosophy of investing in a familiar market

[05:37 – 24:00] Market Selection

• The Maple Capital approach to market selection
  • Take a look at the Population
  • Labor growth
  • Diversity of employment
  • Housing Supply and Demand
• Selecting the right market size
• The importance of specifying your submarket and understanding your neighborhood
• Taking a look at population growth
  • Retention of the population
  • Trend of the population growth compared to the national average
• Resources for market research and analysis
  • Census Bureau
  • Bureau of Labor Statistics
  • Housing and Urban Development
  • CoStar
  • Google Mind Maps
  • Brokers
  • Economic Development Authorities

[24:01 – 29:19] TIME TO TAKE ACTION

• The main takeaway
• Three things to help inspire investors to move forward in their investing careers
  • Choose a market that you can become familiar with
  • Reach out to brokers
  • Talk to other investors in the market
• Connect with Marc online. See the links below.
• Final thoughts

Tweetable Quotes:

“When you’re starting out, get down to one market. Whether it’s your home market or a market you’re familiar with. You want to specialize and become an expert in that market. You want to know exactly what things trade for in different submarkets.” - Marc Weisi

“Real Estate is not a game for generalists, it’s “specificity gets rewarded”, in this particular industry.” - Marc Weisi

Resources Mentioned:

• Maple Capital Partners

Connect with Mark, send him an email at [email protected] or visit their website at https://www.investwithmaple.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

We had the pleasure of having Yonah Weiss join us again in our episode. Yonah Weiss is a powerhouse with property owners’ tax savings. As a Business Director at Madison SPECS, he has helped clients save tens of millions of dollars on taxes through cost segregation.

Join us in this episode as we talk about the importance of LinkedIn and how to optimize your profile.

[00:01 – 12:13] The right way to use the Platform 

• I welcome back our guest, Yonah Weiss
• Yonah shares his thoughts about LinkedIn as a business and networking platform
• What makes LinkedIn so special as a platform?
  • It’s a more professional platform when it comes to business
• Yonah talks about the right way to use LinkedIn as a business platform
  • Getting to know people and build relationships
  • Consistently creating content and interacting with people
  • Expand your network

[12:14 – 23:46] Tips on how to utilize LinkedIn Optimally

• Yonah shares some tips on how to improve your LinkedIn profile
• Yonah talks about the power of LinkedIn on Google
  • It’s important to consistently engage and put out content

[23:47 – 29:19] TIME TO TAKE ACTION

• What are THREE things or steps that our listeners could do today to optimize their LinkedIn profile?
  • Create a LinkedIn profile
  • Have an updated headshot and profile
  • Do the 18 sense challenge and consume as many pieces of content as you can every day
• Connect with Yonah online. See the links below.
• Final thoughts

Tweetable Quotes:

“You’re getting to know people, that’s what it’s all about. You’re not going around just passing out your business cards. It’s building those relationships and I think that’s the most powerful thing about LinkedIn.” - Yonah Weiss

“It’s much more valuable when you’re genuinely trying to help other people, you get so much more back, it comes back ten-fold.” - Yonah Weiss

Resources Mentioned:

• Weiss Advice

You can connect with Yonah on LinkedIn or visit his website and learn the 10 Ways to Optimize your LinkedIn Profile.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

Michael Blank is an entrepreneur, investor, teacher, leading authority in apartment investing in the United States. He is passionate about helping others become financially free in 3 to 5 years by investing in apartment building deals.

[00:01 – 06:04] Who is Michael Blank?

• I introduce and welcome the guest Michael Blank
• Michael talks about his background and how his journey began
  • Studied computer science and was a programmer early in his career
  • Discovered about passive income after reading Rich Dad Poor Dad

[06:05 – 09:13] Everyone is afraid, but what do you do about it?

• Transitioning from pizza shop to restaurant to real estate
  • Michael shares what hooked him to real estate
• Michael talks about the moment he started in real estate
  • No money. No savings. In debt.
  • Face the fear: even people who take action have fear

[09:14 – 18:14] Michael’s Real Estate Education Platform

• Michael shares why he started a real estate education platform
  • Loved teaching people
  • Help people take action and have clarity
  • Education allows people to visualize something that they couldn’t visualize before

[18:15 – 26:43] The Law of the First Deal

• What is the law of the first deal?
  • Michael explains what he means by the law of the first deal.
• Are you interested in starting with real estate investing? Listen to Michael’s tips to help you pick out your first deal!

[26:44 – 31:33] TIME TO TAKE ACTION

• What are THREE things or steps that our listeners could do today to move them forward in multifamily investing?
  • Start with Clarity
  • Committing to the activity not so much on the timeline
  • Stick to The Law of Three
• Connect with Michael online. See the links below.
• Final thoughts

Tweetable Quotes:

“Everyone is afraid; the question is, what do you do about it? How do you handle fear?” – Michael Blank

“Education allows people to visualize something that they couldn’t visualize before and even though they may not know the details or the mechanisms of it. They can start visualizing, and so doing this, they start believing that they too can do that.” – Michael Blank

Resources Mentioned:

• Financial Freedom with Real Estate Investing by Michael Blank
• Apartment Building Investing Podcast by Michael Blank
• Michael’s Mentoring Program
• BiggerPockets
• The Miracle Morning by Hal Elrod
• The Miracle Equation by Hal Elrod

You can connect with Michael on https://themichaelblank.com/. Visit his YouTube channel and check out his content.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartment Syndication Book

Vikram Raya is a cardiologist, researcher, business leader, serial entrepreneur, high-level real estate investor, functional medicine specialist, international speaker, high-performance coach, and advisor to highly successful professionals and doctors. A true “RENAISSANCE MAN” of our generation.

Vikram Raya founded LIMITLESS MD to help successful high achieving doctors become limitless by unlocking their hidden potential so they can enjoy ultimate freedom and success. He is also the Vitology Institute founder that helps people unlock their human potential, reverses diseases, and accelerates wellness.

[00:01 – 05:20] Introducing Vikram

• I introduce and welcome guest Vikram Raya
• Vikram shares his journey to becoming the man he is now today
  • Can we do more than one thing in life?
  • The renaissance man/woman

[05:21 – 16:04] The Renaissance Man

• Vikram talks about how he was able to take on different challenges and be great at anything that he sets his mind to.
• The Stages of Growth and Learning
  • Stage 1: Unconscious Incompetence
  • Stage 2: Conscious Incompetence
  • Stage 3: Conscious Competence
  • Stage 4: Unconscious Competence

[16:05 – 25:38] Become Limitless

• Weathering the COVID storm
  • The pandemic as a wake-up call
• Learn, Grow, Contribute
• The FIVE FREEDOMS
  • Time. Location. Financial. Peace of Mind. Health.
• Vikram’s ‘Whys?’: Discovering his true purpose after decades

[25:39 – 30:51] Time Management

• Vikram’s how to manage your time correctly:
  • Figure out what your ideal week looks like
  • If it’s not a ‘hell, yes.’ Then it becomes a ‘hell no.’
  • Book recommendations:
    • Eat That Frog by Brian Tracy
    • The One Thing by Gary Keller
    • Time Warrior by Steve Chandler

[30:52 – 37:29] TIME TO TAKE ACTION

• What are THREE things or steps that our listeners could do today that would move them forward in multifamily investing?
  • I’m just going to give you one step. Your identity is key. Identify yourself as a multifamily investor.
• Connect with Vikram online. See the links below.
• Final thoughts

Tweetable Quotes:

“I’m just a kid who had an insatiable desire to learn and grow.” – Vikram Raya

“If you win your 24 hours. You win your life.” – Vikram Raya

“Every master was once a disaster. We have to go through these stumbles and falls and things. But the wisdom I’ve learned is if you get a coach, if you get a mentor, if you get books and courses. If you take on all this kind of expert advice. Then you can shorten that learning curve.” – Vikram Raya

Resources Mentioned:

• LIMITLESS MD
• Vitology Institute
• Viking Capital Investments
• Robert Kiyosaki

Connect with Vikram at his personal website https://www.vikramraya.com/home.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.

Visit www.nokacapital.com to learn more about investing in multifamily real estate.

I’d like to connect with you! Send me an email at [email protected].

Book Recommendations:

Rich Dad Poor Dad

Think and Grow Rich

Best Ever Apartme