The Adventures of a Real Estate Investor

In this episode, Tj Kosen tells shares how you can make a fortune wholesaling vs Whole-Tailing. Join us and listen in!
 
TJ Kosen has been in Real Estate since 2006, first cutting his teeth before the crash with 200+ multi-family units in Tennessee. He has done deals in Texas, California, and Tennessee. TJ’s company primarily renovates and whole-tails in the DFW area, and wholesales deals throughout Texas. He stresses multiple marketing channels and strong operational accountability are key in all aspects of his real estate business. Whether flipping or whole-tailing, Tj focuses on maximizing deal profit by repairing to a certain level to hit the desired price point. Fun fact: TJ learned how to walk in 2014
 
[00:01 - 00:32]

• We welcome Tj Kosen to the show. 

[00:33 - 05:05]

• Tj Kosen's background and how he started investing in real estate.
• His first deal was 112 units, to 96 but 2008 hit. And then now into wholesaling.
• How big is his team now?

[05:06 - 17:03]

• What is whole-tailing? 
• Tj's favorite about its process? 
• With the current market rising how did it affect his strategy? And his advice to future investors regarding the ongoing situation. 

 [18:04 - 26:32]

• Single-family market and escalation clauses.
• Why honesty always wins.

 [26:37 - 34:39] 

• Closing Segment 
• Asking Tj Kosen the Adventurous Four  

Tweetable Quotes:

  "Active income should always surpass passive income unless you're, you know unless you're screwing it up.  "  - Tj Kosen
 
 Connect with Tj Kosen
https://www.instagram.com/tjkosen/ https://www.facebook.com/tkosen https://www.linkedin.com/in/tj-kosen-a944382b/
https://www.tjkosen.com https://www.reiaf.com/

Explore more. Adventure awaits.

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GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers
    

In this episode, Annchen Knodt shares how she has found the best part of investing to be connecting with other excellent investors and inspiring each other! Join us and listen in!
 
Annchen has a background in analytics and works as a research scientist at Duke University. She loves putting her analytical skills to work in real estate investing and has acquired a variety of buy-and-hold single-family investments individually and with partners (including her parents!), as well as partnered in two multifamily syndications. To boost cash flow, she is currently focused on acquiring short-term rentals. 

[00:00- 08:49]

• We welcome back Annchen Knodt to the show. And how Suzy and her met.
• Annchen Knodt's background and how she started investing in real estate.
• Realizing that you can start investing in real estate at any time of your life.
• What life after retirement you could be having?

 [09:39 - 18:39]

• From long-term rental to pivoting to short-term rentals?
• Converting their properties to short-term rentals and considering medium-term rentals? 
• Getting your spouse on board with investing in real estate.
• How does Annchen see the current market situation? 
• Having properties that your family and friends can enjoy too.

[18:40 - 26:32]

• Her Greatest and worst story in real estate investing
• Communicating enough with your vendors and everybody in your circle.
• Helping the community to solve problems that they had for years and finding the balance to help people have a great place to live.

 [26:34 - 30:51]

• Asking Annchen Knodt about the Adventurous Four

Tweetable Quote: 

 "I want to be providing people a good place to live, And I want to be doing everything I can to do that.  I'm not gonna do it halfway."  - Annchen Knodt

 
 
 Connect with Annchen Knodt
https://www.instagram.com/annchenknodt
https://www.facebook.com/annchenknodt
 

Explore more. Adventure awaits. 

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

In this episode, Charlotte Dunford tells us how they were able to thrive on the mobile home park market and how you can do too. Join us and listen in! 

Charlotte is the Managing Partner of Johns Creek Capital – an investment managing company that focuses on mobile home park investments, with a total investor subscription amount of over $4.2M. Numbers-wise, they currently have 20 park investments, and Charlotte herself has also created over $500k in asset value in the past 12 months. Charlotte really comes from humble beginnings and is a first-generation American citizen and college graduate after leaving China with just her belongings at age 16.
 
 [00:01 - 00:33] 
• We welcome Charlotte Dunford to the show.

 [00:34- 03:39]
•Charlotte Dunford's background on how she started investing in real estate.
• What is the blue ocean strategy?
 
 [03:40 - 06:44]
• Which locations they are mostly invested in?
• Charlotte on what she loves about mobile home parks?
• How mobile park homes are helping solve the housing crisis.
  
 [06:45 - 12:29]
• Why do they not own the exact mobile park home unit and try to avoid that? 
• What they are doing for their mobile home park communities to be recognized as together within the community area it's in and to prevent from getting pushed out?

 [12:32 - 17:48]
• Are they looking at the possibility of buying a mobile home park and transitioning it into a tiny home?
• Property management systems and structures that they use for their mobile park homes?
• What is some advice that Charlotte would give somebody who wants to start investing in mobile home parks?
 
 [17:50 - 34:49]
• What's next for John's Creek
• How did the current state of the economy affect their investment thesis?
• Asking Charlotte Dunford about the Adventurous Four

Tweetable Quote:

 "I believe education really opens, lots of doors. Because I think, and not only, it's not just a piece of paper that you get from a college, it broadens your mind and it makes you think, I think that's important. That would definitely leave an impact."  - Charlotte Dunford 
 
 Connect with Charlotte Dunford
https://johnscreekcapital.com/
https://www.linkedin.com/company/johns-creek-capital-llc/
https://www.linkedin.com/in/charlotte-d-a03139189/
https://www.facebook.com/johnscreekcapital    https://www.youtube.com/channel/UCucY4rBQpyukUqFUNo-FYFw/videos  https://twitter.com/CapitalJohns
https://www.instagram.com/johnscreek.capital/     

Explore more. Adventure awaits. 

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure See

In this episode, AdaPia d'Errico shares why we all need to pay attention to the details within macroeconomics. Join us and listen in! 

AdaPia d'Errico is an entrepreneur, advisor, investor, and the co-founder of Womxn of Wealth, a non-profit organization and community that empowers women to take wealth creation firmly into their own hands. She has worked in financial services since the age of 18, going from banking to hedge funds to fintech. She was also a key figure in taking real estate crowdfunding into the mainstream and currently serves as a partner at a private equity real estate firm, Alpha Investing. AdaPia has overcome many hurdles, including being defrauded of her life savings, to reach a level of wealth and confidence that she wants everyone to achieve. Her life is dedicated to the mission of helping women build the confidence (because they have the ability already!) to OWN their wealth, their birthright to abundance, and the power that comes from moving into this mindset.
 
[00:01 - 01:36]
• We welcome AdaPia d'Errico to the show.

[01:37- 09:28]
• AdaPia d'Errico's background and how she started investing in real estate.
• Real estate syndication and real estate crowdfunding what's the difference?
• Does real estate crowdfunding take advantage of depreciation?

[09:29 - 20:06]
• What made her transition into private equity?
• Alpha investing current strategies with everything that has happened in the economy.
• AdaPia on where people can find resources or need to listen to help figure out where the economy is going.

 [20:08 - 30:23]
• Why financial concepts are complex and why she started Women of Wealth.
• Challenges in raising money from investors because of declining stock portfolios.   
 
 [30:24 - 34:49]
•Closing Segment
• Asking AdaPia d'Errico the Adventurous Four

Tweetable Quote: 

 "It's not that people don't wanna invest, but they're feeling like maybe now is not a good time. So you just have to work a little harder to help them get over the fear and the uncertainty and the discomfort."
 

"It's time to stop working for your money and put your money to work for you. Like the fairy godmother of passive income, that just gives you the money that you want to do the things because, when we have that solid other pieces of income or however much it is, it's that we are actually freed up to do more. - AdaPia d'Errico 
 
 Connect with AdaPia d'Errico
 https://www.womxnofwealth.com/
http://www.linkedin.com/in/adapia
https://podcasts.apple.com/us/podcast/real-wealth-realhealth/id1494432943
https://www.instagram.com/adapiaderrico/
 
 

Explore more. Adventure awaits. 

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

In this episode, Ingrid Duque tells how she built her path to financial freedom with medium-term rentals. Join us and listen in!
 

Ingrid Duque was born in Cali, Colombia, and moved with her family to the United States when she was ten years old. She is a professional engineer with over 12 years of experience in leadership roles on 500 fortune companies and a real estate investor with extensive knowledge of residential and commercial real estate underwriting and investing. In 2021, Ingrid was featured as a Hispanic Leader to look out for in the book Hispanic Stars Rising: The New Face of Power, due to her contributions to the nuclear power field. Ingrid became financially independent before age 30 through real estate investing and currently focuses on helping others do the same. On the personal side, she is an avid ultra-marathon runner, hiker, and world traveler. She currently travels the world while growing her real estate portfolio, and enjoys spending time with her spouse Hector and Aussie doodle, Ahri.
 
[00:01 - 01:09]
• We welcome Ingrid Duque to the show

 [01:17- 06:22]
• Ingrid Duque's background and how she started investing in real estate.
• How their first tenant became also their first eviction?
 
 [06:23 - 11:11]
• What does their current portfolio look like?
• Midterm rentals and the market for traveling nurses.
 
[11:25 - 15:06]
• The process and the goals that she set to be able to scale and leave her W2 job.
•  Getting a request from her previous employer to come back, not only one time.
 
 [15:30 - 20:02]
• How is the current situation in the market is affecting her investing strategy?
• Creating a new kind of strategy during this economic downturn instead of just holding on to the money.
 
[20:03 - 27:50]
•  Private lending utilizing money pulled out from your line of equity, how does it work?
• Being an ultra-marathon runner.
 
[27:57 - 34:49]
• Closing Segment
•  Asking Ingrid Duque the Adventurous Four

Tweetable Quotes:

 "Do not confuse being useful for a company with being indispensable."
 "Instead of thinking how many units I need, think what cash flow do I need." 
 -  Ingrid Duque
 
Connect with Ingrid Duque
https://www.ingridduque.com/
https://www.instagram.com/engineer.on.fire/
https://www.linkedin.com/in/ingrid-duque-9378bba4/
https://linktr.ee/engineer.on.fire
 
 

Explore more. Adventure awaits. 

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

 In this episode, Josh Ferrari tells us how he raised private money that has gotten him the title of primary capital raiser at over $7,000,000 raised in less than 3-years in his real estate investing journey. He currently has over $13MM AUM which equates to 239 units. Join us and listen in!

Joshua Ferrari, the founder of Ferrari Capital and co-founder of Three Beach Capital, was born in Omaha, NE, moved all throughout the Southeast during his childhood due to being in a military family, and currently resides in Mobile, AL. Josh graduated from Tennessee College of Applied Technology with his Airframe & Powerplant License so he could pursue his passion of becoming an Aircraft Technician. Shortly after entering the aviation industry, Josh found his second love

In April 2020, he started a podcast titled, Creative Capital, to not only learn more about the industry from experts but to help teach others as well. He currently releases two episodes per week, and since its inception, he now has over 500K downloads with tens of thousands of loyal weekly listeners.

[00:01 - 01:42]• We welcome back Josh Ferrari to the show. 
[01:43 - 04:05]• Josh Ferrari's update and his background on how he started investing in real estate.
[04:06 - 11:10]
 • How did he and his wife's vivid vision help them achieve their recent accomplishments?
 • What has been the biggest challenge for him going into real estate full-time? 
 •  How Josh was able to utilize his time more effectively, and the importance of spending more time with his family?
 
[11:13 - 19:42]• Josh on when do you stop moving the goalpost after achieving one after the other?
• Challenges and how to navigate around to raise capital in today's market?
• Helping potential investors understand through education, that the investment they put in will build Generational Wealth.
 
[19:57 - 30:09] •Josh on, people losing confidence in the current situation of the market and just holding onto their money.
• Why do you have to always be the Doctor?  

[30:37 - 37:36]•Closing Segment
•  Asking Josh Ferrari about the Adventurous Four

Tweetable Quotes:
 
"I would just figure out what their problem is, so then I can figure out how to tailor the education. So that it is something that is actually beneficial for them because maybe it's not. "  - Josh Ferrari

 
Connect with Josh Ferrari
https://ferraricapital.com
https://threebeach.com
https://www.facebook.com/joshua.ferrari.16/
https://www.instagram.com/ferraricapital/
https://www.linkedin.com/in/joshua-ferrari-6b9107160/
 
 

Explore more. Adventure awaits.

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

In this episode, Alex Jarbo shares his journey of building his short-term rental portfolio and how he's able to develop amazing properties and make them profitable at the same time. Join us and listen in!
 

Alex Jarbo is a short-term rental developer and manager. He was born and raised in Detroit Michigan. He served in the Marine Corps for 4 ½ years where he was stationed in Washington DC as part of the Marine Corps Honor Guard. He left the Marine Corps at 22 years old to pursue his career as a real estate professional. He is the founder and CEO of Sargon Investments and aims to develop 650 cabins in the next 3 years. He is the host of the YouTube Channel Alex Builds where he teaches the ins and out of short-term development and management.
 
 [00:01 - 00:23]• We welcome Alex Jarbo to the show

[00:24 - 02:03]• Alex Jarbo's background and how he started investing in real estate.
 
 [04:21 - 08:56]• What did he read, or how did he know exactly what he wanted to build and design on his short-term rentals? How was he able to scale?
 
 [08:58 - 10:50]• "650 Short term rentals in three years." The Market for Metro areas and Condominium conversions into boutique hotels. Importance of influencer marketing.

[10:52 - 14:38]
• Building these short-term rentals, is he finding investors like one-off investors who wanna buy them, or is he building these rentals for them?
• Advantages of Mountain markets and why they tend to be less seasonal.
• Getting a construction loan doing it as a "One time close Loan"
•  What is a "Two Time Close"?
 
 [14:53 - 18:07]•  Zoning processes, did he seek out land that's already zone residential, or do he buy a raw land and zone it?
 
 [18:08 - 21:48]
• With the supply and demand process and just the supply chain in general, and having multiple exit strategies as his way around, how did that challenge him initially?
• AirBnB moving into "Unique Stays", and Developing instagrammable or unique properties.
 
 [22:14 - 26:23 ]
 • With what is happening right now, how are interest rates affecting his business right now and what are his current strategies to pivot?
 • How does he expect the short-term rentals to be affected by the future economic downturn?
• Alex's favorite thing about short-term rentals?
 
 [27:12 - 30:35]
•  Asking  Alex Jarbo about the Adventurous Four

Tweetable Quotes:

 "Don't discount real estate investing just because the interest rates went up." 
-  Alex Jarbo
 
Connect with Alex Jarbo
https://www.alexjarbo.com/
https://www.youtube.com/c/AlexBuilds1
https://www.linkedin.com/in/alex-jarbo-28a940139/ 
 

Explore more. Adventure awaits. 

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

In this episode Eric Nelson shares his insights on owner financing, the current market, & the Pan-Am highway. Come join us and listen in!
 
 Eric Nelson is the Founding Principal of Wild Oak Capital. He has been investing in real estate for over ten years. As a co-owner of a civil engineering firm, Eric's range of skills suits the field of syndication and real estate on both the technical level and client relations side. He is also the host of The Real Estate Mindset podcast, where he discusses with industry leaders what it takes to be a successful investor based on continuous personal and professional growth.
 
For today's episode you will learn: 

[00:00 - 01:09] 
 • We welcome Eric Nelson to the show.  

 [01:10 - 09:15] 
 • Eric Nelson 's brief background how and his wife started in real estate investing.
 • The Six-Plex for a million dollars in Colorado.
• Why being Kind also works in closing those deals.
 
 [09:20 - 12:42] 
 • How Eric was able to close another tri-plex through owner financing.
 • Best way to describe Owner Financing to someone who has no idea what it means.

 [13:47  - 13:39]
 • Eric on current interest rates in the current economy and how it's affecting their investment strategy?
 • Why raising rents at 100% rate may get you a little more income but would hurt your residents.

[13:55 - 19:41]
• What made her move forward to hosting properties and decorating them while being a real estate investor?
• Medium term rentals and what's the difference?
• Regulations and where does she advertise medium term rentals?
 
[24:48 - 27:30]
• Asking Eric why is multifamily such a great hedge against inflation?

 [27:33 - 31:15]
•Closing Segment
• Asking Eric Nelson the Adventurous Four 

Tweetable Quotes:

 "Sometimes the sales technique works, sometimes just being nice works, It's like just be kind and that's a huge benefit as well. " -Eric Nelson 
 
   
 
 Connect with Eric Nelson 
 
https://www.wildoakcapital.com/
https://www.instagram.com/wildoakcapital/
https://www.linkedin.com/company/wild-oak-capital/
https://www.facebook.com/WildOakCapital
 

Explore more. Adventure awaits. 

Please subscribe and leave an honest review - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

In this episode, we share why many people are seeking the best inflation hedges to preserve there capital and future purchasing power and how savvy investors protect themselves from harmful effects of inflation by investing in hard assets, particularly multifamily real estate. Come join us and listen in!

What you'll learn,

[00:00 - 02:16]
• Welcome for today's show. 
• The Fed inflation target of 2% per month signifies like a healthy economy and healthy growth has NOT been achieved, because inflation hit 8% on its six month consecutively.
• Why multifamily real estate and not single family for now?
 
 [02:17 - 03:06]
 • 28% increase in multifamily construction
 • Investment options that that savvy investors are looking into:

[03:12 - 07:35]
• 1.Stock Market
• 2.Bonds
• 3.Savings account or CD's 
 
 [07:37 - 10:44]
• The four reasons why multifamily is such a great hedge against inflation:
• 1.Everybody needs a place to live. 
• 2.Rental price increases.
• 3.Appreciaiton (Normal & Forced Appreciation)
• 4.Tax Benefits 

[11:03 - 13:06]
 • Challenges that comes with multifamily real estate during inflation and how you can overcome those. 

Tweetable Quotes: 

"When you are looking into investing in stocks, with multifamily, you look deep into the operator, you look deep into the market, & you look deep into the asset class. You need to be doing the same with stocks in their companies, but there's so much un-foreign fluctuations that can happen all the time, that you cannot control and you will never be able to control that." - Suzy Sevier
 
 Until next time…

Explore more. Adventure awaits.  

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers

In this episode, we talk about inflation and what the fed is doing to kind of curb inflation through quantitative tightening and our take on it from the articles that we've read. Disclaimer, Susie and I are not "learn it" economists, however, we do read economic information all the time because we find it very, very important to make sure that we have the correct fiduciary responsibility to our investors. Come join us and listen in!

In This Episode,

[00:01 - 00:43]
• Welcome to today's show. 
• Why are multifamily assets such a good hedge against inflation?

 [00:46 - 03:15]
• The Consumer Price Index was reported to be at 8.3%.
• Markets took a DUMP again.
• "Inflation Reduction Act" and how it will have little to nothing effect to stop inflation. 

[03:18 - 05:11]
 • Where are all these price hikes coming from? And what range they are in right now?
 • Had inflation peaked and when will it moderate?
 

[05:14 - 11:29]
 • How the FED is tapering the inflation through "Quantitative Tightening"
• The Good and the Bad, after increasing the US dollar value increased.
• Companies who do a lot of international businesses are greatly affected.
• Increase of the dollar and the devaluing of international currencies.

[11:32 - 14:19]
• Three things you can do as a multi-family investor or operator during high inflation. 
• Secure a fixed-rate loan with a longer maturity date.
• Continue to increase rents as inflation drives them, but don't bank on it long term.
• Always underwrite conservatively, and focus on the rent growth and the exit price, because that is really where you win. 

Tweetable Quotes:

 "We are seeing a cooling in the market right now. So make sure that you have your cap rates in line with industry standards. An increase in cap rates by about 10 VIPs per year for the whole period is fairly conservative.

So if you buy it at a six cap, expect to sell it in five years at a six-and-a-half cap. So that's 10 bases points per year."  - AREI
 
 Until next time…

Explore more. Adventure awaits. 

Please subscribe and leave an honest review  - how do you want to create an impact in your world?

• Check out Adventurous REI and our social media channels: Facebook, Instagram, and LinkedIn.
• Michael on LinkedIn
• Suzy on LinkedIn   
• Invest with us! Start here. 
• GRAB A FREE copy of The Complete Guide to Generating Passive Income for Avid Travelers & Adventure Seekers