Looking to unlock the secrets of real estate investing and pave your way to financial freedom? This podcast episode is your ultimate resource. Delve into the world of non-residential commercial real estate and uncover the advantages, challenges, and lucrative lease options available with our guest, Jonathan Hayek, who was a former special education teacher. From gross and modified gross leases to double net, triple net, and absolute net leases, discover how to maximize your passive income potential. Gain expert guidance on smart investing strategies and unlock the key to reaching your financial goals. It's time to seize the opportunity and start living the life of your dreams. Tune in now and open the door to unlimited real estate success!

[00:01 - 04:29] From Former Teacher to Flipping Homes

• Jonathan started flipping small single-family homes to build portfolio of small multi-family properties
• Deals became harder to come by due to COVID-19

[04:30 - 08:35] Exploring the Benefits of Investing in Non-Residential Commercial Real Estate

• Why investing in non-residential, commercial real estate offers many benefits
• Why gross leases involve a flat fee with landlord responsible for taxes, insurance and maintenance

[08:36 - 12:56] Different Types of Leases and Their Benefits

• Gross lease: tenant pays a flat fee, no utilities, taxes, or insurance
• Modified gross lease: tenant pays for some costs associated with their unit/suite (e.g. utilities)
• Net leases: tenants responsible for taxes, insurance, and common area maintenance (CAM)

[12:57 - 16:37] Closing Segment

• Absolute net lease: landlord has zero responsibilities; tenant takes care of all repairs/maintenance
• Listeners can visit thesourcecre.com to learn more about Jonathan and his work

Tweetable Quotes:

“And so if you're buying an absolute net lease…..you're gonna be buying it at a pretty low cap rate.” – Jonathan Hayek

“A lot of industrial places are like industrial warehouses. A lot of those are absolute net leases.” – Jonathan Hayek

You can connect with Jonathan Hayek through his:

Email: [email protected]

Social Media: Instagram, Linkedin

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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Connect with Lorren Capital, LLC. for syndicated multifamily investments,

Are you ready to dive into the world of residential real estate investing and uncover the secrets to success? Join us in this episode as we embark on a captivating conversation filled with invaluable advice from industry experts. We'll break down complex concepts into simple terms, ensuring that even beginners can grasp the fundamental principles of real estate investing. Whether you're a seasoned investor or new to the game, our personal experiences in raising capital will inspire and guide you as you navigate the challenges of funding your own projects. Don't miss out on this opportunity to gain the knowledge and insights you need to make informed investment decisions. Tune in now and unlock the secrets to successful residential real estate investing!

[00:01 - 03:58] Outsourcing Professionals in Underwriting

• Why outsourcing professionals in underwriting saves time and effort
• Educating people is an effective way to gain trust and raise capital

[03:59 - 07:59] Understanding the Basics and Finding Success

• Why we need to ask questions one by one when helping someone
• Why we should invest in residential for 20 years

[22:22 - 24:06] Closing Segment

• The ability to break down concepts and keeping it simple
• Listeners can visit rule72equity.com to learn more about Luke and his work

Tweetable Quotes:

“It's a long game. You're not supposed to be successful in the first six months.” – Luke Grieshop

“If you can't explain it to me in a matter of 30 seconds and go, oh, that makes sense, then it's probably not for me.” – Luke Grieshop

You can connect with Luke Grieshop through his:

Email: [email protected]

Social Media: Instagram, Linkedin

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.

Looking to make your money work for you in the real estate market? Then tune in to this podcast episode, where Luke shares valuable insights and advice on how to get started. From the growing housing market in Texas to alternative investments like multi-family and commercial real estate, Luke covers a range of topics to help you build wealth through real estate investing. Don't miss out on this must-listen episode that will leave you feeling confident and informed about real estate investment strategies!

[00:01 - 07:40] Learn How to Take Advantage of Landlord Friendly States and Grow Your Wealth

• Real estate investing involves more than just four walls and a roof
• Average people own residences, not just big companies

[07:41 - 15:12] The Importance of a Small Business Owner Mindset

• It is important to know your operating team and have the mindset of being a small business investor/owner
• It is important to educate potential investors on why alternative investments are different from paper assets
• Be genuine in conversations with potential investors and build rapport with them

[15:13 - 22:21] How to Create Passive Income and Build Wealth

• Networking and relationship building can open up opportunities
• Land isn't being created, so prices will increase over time

[22:22 - 24:06] Closing Segment

• Why doubling investment is needed to negate gains
• Listeners can visit rule72equity.com to learn more about Luke and his work

Tweetable Quotes:

“If you invest enough in networking and relationship, you're gonna find opportunities.” – Luke Grieshop

“I think that's what you really are as a salesperson. You're an educator. ” – Luke Grieshop

You can connect with Luke Grieshop through his:

Email: [email protected]

Social Media: Instagram, Linkedin

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.

Are you interested in growing your wealth through real estate investment? In this episode of the Real Estate Investing Podcast, guest Luke, who began his investing journey by BRRR'ing single family homes out of state, takes you on a journey of their successful investment career. He started with a single-family rental property in Columbus, Ohio and now owns a portfolio of properties that offer both cash flow and wealth-building opportunities. From discussing the differences between active and passive investments to managing fee structures and communicating with investors, Luke provide valuable insights for making smart decisions with your money. Tune in for a comprehensive conversation about real estate investment!

[00:01 - 07:38] Making His First Investments into a Land Opportunity

• Luke started his career in sales, then learned about real estate investing from a friend
• He is also an investor in an ATM fund and making his first investments into a land opportunity in Colorado
• Residential real estate is familiar but slow; multi-family offers capital events but is illiquid

[07:39 - 14:57] Investing in Single Family Properties: Know the Fee Structure and Avoid Misaligned Incentives

• It is important to make a distinction between wealth building and cash flow when investing
• Active investments require a lot of work and moving parts
• Pay attention to the fee structure for tenant turnover when investing in single family homes

[14:58 - 22:09] Long-Term Residents and Fiduciary Responsibility

• When using investor money, you need to be a better steward and have fiduciary responsibility
• The goal is to not have a capital call and keep eyes on the horizon for reserves and liquidity
• Communication is key when informing investors of decisions

[22:10 - 28:40] Closing Segment

• Protecting capital is the first job, making money is second
• Listeners can visit rule72equity.com to learn more about Luke and his work

Tweetable Quotes:

“It's still much more affordable to rent than it is to own a home.” – Luke Grieshop

“You have to be a better steward for other people's money versus your own.” – Luke Grieshop

You can connect with Luke Grieshop through his:

Email: [email protected]

Social Media: Instagram, Linkedin

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848

Are you interested in making your property more energy-efficient but struggling with financing? In this podcast episode, we'll introduce you to the C PACE loan, a financing option designed specifically for energy-efficient projects. Join us as we explore the ins and outs of this complex loan system, including available options and state-level rebates for residential wind energy and mini-splits. We'll also hear from Karl on how to navigate this process and reduce your expenses. Tune in now to learn everything you need to know about the C PACE loan!

[00:01 - 07:15] Properties Built and Substantial Renovations

• King County records document when a property was built and substantial renovations
• Dan Handford's list of red flags when investing in properties
• Renovations worth $25-30k per unit can increase effective date to 2023

[07:16 - 14:28] Exploring the Benefits of C PACE Loans

• C PACE loans don't take over first place in the loan position
• The business plan must include energy efficient products like LED lighting, low flow toilets, windows, HVAC units, solar panels, wind energy etc
• 28 states participate in the C PACE program

[14:29 - 18:29] Closing Segment

• Rebate programs can be used to replace the cost of windows
• Listeners can visit aurorasinvestmentgroup.com to learn more about Karl and his work

Tweetable Quotes:

“I would imagine C pace would make you exhaust the other alternative directions first.” – Karl Krauskopf

“There's only a certain handful of lenders that would wanna work under a CPA.” – Karl Krauskopf

You can connect with Karl Krauskopf through his:

Email: [email protected]

Social Media: LinkedIn

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.

Are you interested in real estate investing but don't know where to start? In this podcast episode, Karl shares valuable insights on the walkability and bikeability of various locations, including Seattle and Salt Lake City, as well as the advantages of investing in multi-family properties. Discover how Seattle is reversing zoning restrictions to increase density with multi-family properties, town homes, and Accessory Dwelling Units (ADUs), and why Texas is a landlord-friendly state. Tune in now to learn how you can start building your real estate portfolio!

[00:01 - 07:32] Saving Time and Avoiding Costly Mistakes

• Save time, avoid costly mistakes and begin living the life you've dreamed of
• Charging for secured access can curb supply and demand equilibrium

[07:33 - 15:43] Unlocking Equity in Seattle's Single Family Market

• Increased density in Seattle has allowed for lower cost housing
• House hacking is a popular way to rent out separate portions of a home
• Investors can buy old, dilapidated single family homes and restructure them into ADUs and DAUs

[15:44 - 23:06] Navigating the Landlord Landscape in Seattle

• Splitting the lot could increase the value of a property, even if it is just a duplex
• Cash flow in multi-family spaces is higher than single family homes

[23:07 - 27:30] Closing Segment

• Landlord friendly states are better for investing than Seattle due to restrictions on evictions, late fees, rent increases, etc.
• Listeners can visit aurorasinvestmentgroup.com to learn more about Karl and his work

Tweetable Quotes:

“If you are in selling mode, you can see quite a bit of a capital bump.” – Karl Krauskopf

“So what makes it difficult here in Seattle for landlords is the restrictions around who we can evict.” – Karl Krauskopf

You can connect with Karl Krauskopf through his:

Email: [email protected]

Social Media: LinkedIn

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.

Are you interested in learning about how to transition from a corporate job to a successful real estate investing career? In this episode, Karl Krauskopf, who is a real estate developer and apartment owner, shares his journey and offers valuable tips for beginners. Learn how he started his real estate journey and how to use local banks and credit unions to build your portfolio. Karl also talks about the challenges he faced when securing his first property loan and how he overcame them. Get ready to gain valuable insights and inspiration from Karl's journey in the real estate industry.

[00:01 - 05:46] Flipping Homes and Multi-Family Apartment Operations

• Karl Krauskopf has been in real estate full-time for four years
• He has done flipping homes, development, detached accessory dwelling units and multi-family apartment operations

[05:47 - 11:19] How We Got Our First Property Loan Without an Experienced Partner

• Non-recourse bridge loan on first property, recourse debt on second property
• Pairing up with experienced people is hard, but not necessary

[11:20 - 16:56] Navigating Risk Tolerance and Contractual Contingencies in Apartment Purchasing

• Have an open relationship with the seller should contingencies fail
• Paying in upfront is important to ensure team members are committed

[16:57 - 23:07] Closing Segment

• Understand different risk tolerances of team members
• Listeners can visit aurorasinvestmentgroup.com to learn more about Karl and his work

Tweetable Quotes:

“Recourse fixed rate is absolutely required with a long enough maturity, especially in today's rate environment.” – Karl Krauskopf

“I think one of the things that I like to do in my underwriting exercises is to really truly find the different mechanics and levers that break the model.” – Karl Krauskopf

You can connect with Karl Krauskopf through his:

Email: [email protected]

Social Media: LinkedIn

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.

Are you curious about the world of industrial real estate investing? Do you want to know how to turn an industrial property into a cash flow or wealth-building opportunity? In this episode, we've got you covered. Deren shares valuable insights into the type of tenant and deal that determine the return on investment for industrial properties. He also discusses the impact of interest rates on real estate investing and the role of location and clear height in leasing out buildings. You'll even learn about the engineering behind specialized structures like Caterpillar plants and the exciting news about a new facility opening in Tulsa. This episode is a must-listen for anyone interested in industrial real estate investing.

[00:01 - 05:51] Deals for Cash Flow and Wealth Creation

• Industrial investments vary between cash flow and wealth building deals
• Interest rates may stabilize in the next 18 months, but unpredictable variables can affect the market

[05:52 - 11:44] Industrial Property Investments and Biases

• Clear height is important for tenants, with larger companies needing taller buildings
• Caterpillar distribution plants require tall buildings and specialized engineering

[11:45 - 17:19] Closing Segment

• Uncertainty regarding the characteristics of the Caterpillar offshoot in their area
• Listeners can visit DerenHuang.com to learn more about Deren and his work

Tweetable Quotes:

“You gotta have a pretty robust cut system of education when it comes to that medical research.” – Deren Huang

“Manufacturing takes a little bit more finesse than distribution or whatever the case may be.” – Deren Huang

You can connect with Deren Huang through his:

Email: [email protected]

Social Media: LinkedIn

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website https://www.theacademypresents.com/jointhesummit36848306.

Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.

To learn more about me, visit my LinkedIn profile, and connect with me.

Have you ever wondered about the fascinating world of industrial real estate? In this episode, Deren shares examples of how they were able to generate double-digit returns through creative deals and property improvements. We explore the differences between property taxes and triple nets in leases, and how industrial real estate has lower price points but longer-term leases. With the rise of e-commerce and Onshoring, industrial real estate is expected to continue to grow in demand. We also discuss the role of industrial real estate in the distribution process, including last-mile delivery. Tune in for an insightful conversation on this often-overlooked but vital aspect of real estate investing.

[00:01 - 05:45] Education on Industrial Real Estate

• Industrial real estate is more encompassing than people think and is used by many companies, especially with the rise of e-commerce
• Education on industrial real estate can be a competitive edge for gaining wealth
• Returns on industrial real estate investments can include double digit cash on cash returns and gradual ups in lease agreements

[05:46 - 11:24] Understanding Triple Net Leases and the Future of Industrial Real Estate

• Industrial real estate has lowest price point per square foot but longer term leases
• Supply constraints and economic factors may lead to rising lease rates in industrial real estate

[11:25 - 17:25] The Impact of Just-in-Time Inventory on Industrial Real Estate and Regional Pricing Differences

• Circular thinking around just in time vs just in case inventory management
• Well-located industrial real estate is important for last mile delivery and cost savings

[17:26 - 22:54] Discovering the Fascinating World of Industrial Real Estate and Logistics

• Logistics plays a big role in transportation of goods
• Multi-family and industrial flex properties are preferred investments

[22:55 - 24:40] Closing Segment

• Consumerism drives demand for industrial spaces
• Listeners can visit DerenHuang.com to learn more about Deren and his work

Tweetable Quotes:

“The rise of e-commerce of trying to get things to your door in two days has really kind of pushed it forward to the limelight.” – Deren Huang

“The largest asset class is industrial, but it's also the lowest price point per square foot, and also the lowest lease rate.” – Deren Huang

You can connect with Deren Huang through his:

Email: [email protected]

Social Media: LinkedIn

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention you're part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!

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

Are you confused about where to start? Join our community and learn more about real estate investing. Head over to our Facebook Page, Youtube Channel, or website

Meet Deren Huang, an experienced real estate investor who has transitioned from residential to commercial real estate, specifically industrial real estate. Having purchased over 100 residential units in Tulsa, Oklahoma over the last 5 years, Deren knows firsthand the challenges that come with managing residential properties. Seeking a change, he has now shifted his focus to acquiring and managing over 100,000 square feet of NNN industrial space. With his expertise in industrial real estate, Deren has been able to avoid the midnight calls that come with residential properties and focus on his family life. He is happily married for 7 years and is a proud father of two children, aged 3 and 1.

Are you familiar with the largest asset class in the US real estate market? It's not residential or commercial, but industrial real estate. In this episode, our special guest Deren Huang, a real estate expert with seven years of experience in the industry, explains the ins and outs of industrial real estate. He discusses how it encompasses everything from warehouse and distribution space to medical research facilities and why it's becoming increasingly popular due to the rise of technology and e-commerce. However, despite its importance, Deren sheds light on the lack of education about industrial real estate, and how it can be syndicated and financed through local credit unions, banks, and regional banks. So if you're interested in learning more about this fascinating aspect of the real estate market and how it's shaping the future of supply chain and manufacturing, join us as we explore more about industrial real estate with Deren Huang.

[00:01 - 05:59] Exploring the World of Industrial Real Estate

• Deren Huang is a full-time industrial real estate investor from Tulsa, Oklahoma
• Industrial real estate encompasses warehouse and distribution space, medical research facilities, and more
• Tulsa is a competitive market for local credit tenants in industrial real estate

[06:00 - 11:45] Understanding the Three Categories of Industrial Real Estate and Financing Options for Investors

• Industrial real estate has three categories: warehouse/distribution, manufacturing, and flex
• Industrial real estate is not as well-known or understood as other types of real estate, but has gained attention due to supply chain issues during the pandemic

[11:46 - 17:19] The Economic Factors Driving Industrial Real Estate

• Industrial real estate is affected by economic factors, particularly in manufacturing
• On shoring, or bringing manufacturing back to North America, is also contributing to the demand for industrial real estate

[17:20 - 20:57] Closing Segment

• Medical research and shipping of goods are also part of the industrial real estate market
• Listeners can visit DerenHuang.com to learn more about Deren and his work

Tweetable Quotes:

“I think e-commerce is one of the biggest driving factors of industrial real estate.” – Deren Huang

“It's the machine behind the machine to get you Ben and Jerry's.” – Deren Huang

You can connect with Deren Huang through his:

Email: [email protected]

Social Media: LinkedIn

Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and inv