The Apartment Gurus

Blake has replaced his military income with a brrrr bnb strategy. The right leverage with the right amount of income can replace your income and might be easier than you think. 

He purchased his first property with a VA Loan with his wife and then consecutive deals from there. If you have access to VA Loans this is a great resource to move you forward. 

Rich Dad, Poor Dad was part of his progression. Then he read Brandon Turner’s book about rental properties and searched out forums and podcasts. 

Disciple, Persistence and Grit is needed to get you through the hard times. 

Book: "Grit" by Angela Duckworth - Perseverance and passion for long-term goals

Find like minded partners, meetup groups and mentors.You can shorten your learning curve through masterminds or mentorships programs. Blake started with the War Room Mastermind which is for service members.

Get that first deal because that gets the ball rolling and foster those broker relationships. The magic or law of the first deal.

Use the power of an owner occupied loan to get a personal portfolio going.

Mindset
Power of Grit
Power of a mastermind
Power of mentors
Power of meetup groups
Power of giving back
FHA or VA loans

Pick what resonates with you and matches your personality and go after it.

Reach Blake at: www.multifamilyjourney.com 

Blake’s Podcast: www.multifamilyjourney.com/podcast

In this episode, Tate interviews Jorge Abreu of Elevate Commerical Investment Group. Jorge is flat-out crushing it in the apartment investing space with ownership in 3000+ doors. He has a goal to reach 10,000 doors by the end of 2021. We discuss doing proper Due Diligence in a pandemic market: lease audits and COLLECTIONS (bank statements) reviews are crucial right now. (Collections are going really well for Jorge for the most part.)  We discuss teamwork and the value of putting people in the right roles in business.  We discuss activities that move the needle in business. Jorge’s company is giving back by offering opportunities to first responders and veterans to market for property acquisition, training them to cold-call to find deals. We reference Active Campaign, Asana, Slack, and Syndication Pro as well as Jorge’s website www.elevatecig.com. If you email Jorge at [email protected], he will email you complementary checklists and other resources.

I was lucky enough to get Yonah Weiss to sneak The Apartment Guys into his schedule this week! Yonah breaks down Cost Segregation and Bonus Depreciation so that it is easy to understand. Simply put, "Cost Seg" is the Sexist Secret in Apartment Investing. Combined with Bonus Depreciation, this tax strategy could make your real estate income tax free! (speak to your tax professional/attorney for all the details). Combine that with the time value of money and reinvestment of capital, the wealth-building capacity is game changing. This is a DO NOT MISS, especially if you own rental real estate of any kind. #theapartmentguyspodcast #apartmentinvesting #commercialrealestate  #costsegregation #bonusdepreciation  

Just days before graduating college, John realized that the job offer in his hand in the corporate world was not going to help him fulfill his dreams of snowboarding for months at a time, nor help him reach his financial goals. While continuing forward into the corporate world, he immediately launched his career into real estate investing. HIs first step was a “house hack” that PAID him to live in his own house. He has been pursuing larger-scale multi-family for the past two years, and recently joint ventured on a 43 unit value-add project in Little Rock, AR. We discuss COVID-19 and how to underwrite deals during this time. HIs “Big Why” has evolved from being a ski-bum to giving back. He’s doing so with his e-book, “How to Analyze Big Apartment Buildings and Make Them Feel Small” which comes with a free deal analyzer spreadsheet (bit.ly/underwritingebook) and his podcast “Millenials in Multifamily Podcast”.We discuss getting started with learning the specialized knowledge base that it takes to hold conversations with brokers and investors. Know and hone in on your super powers and bring those to the team. Multi-family investing is a TEAM SPORT.

In this episode, Tate welcomes Kyle Mitchell. Kyle is a real estate entrepreneur who has a focus on Multifamily Syndication and currently has $17MM assets under management. He is the Managing Partner and Co- Founder of APT Capital Group and the Asset Management Summit.

As an ex golf professional, Kyle has applied values and lessons from golf such as attention to detail, precision, and mastery of the inner game. 

Investing in the Phoenix Market, Kyle is a specialist in working with his property management company to meet and often exceed Key Performance Indicators and is a ninja with systems and processes.

His "Asset Management Summit" is April 5th-11th, 2021. Check out www.amsummit2021.com for further details. 

Kyle can be found at https://www.aptcapitalgroup.com/

Chiseled by a career as a Marine and a church missionary, Brian Briscoe brings the values of a warrior to apartment building investing.

Values from Military career:
1. The mission has to be accomplished, no matter what
2. Attention to detail

You Make Your Own Luck-the power of keeping your feet moving under you.
“Rich Dad Poor Dad”, by Robert Kiyosaki
Question:   Why do a small multi-family when you can partner with someone and do something so much bigger?

In this episode, host Tate Siemer goes deep with Corey "The Big Kahuna" Peterson and discusses all things related to achieving massive success in the apartment investing space. Corey is a great story teller and shares stories from his life that have steered the course of his success. He shares where the "The Big Kahuna" persona started (hint: KAUAI!), the 3 things his dad taught him, and the TRUE secret to his success (hint: her name might be Shelley). Corey's love for teaching, coaching and mentoring shines through in this uplifting, feel-good episode. This is sure to inspire anyone, starting from any place in life, to take massive action and steer their ship towards massive passive cashflow!

In this episode, Tate and Travis Watts dive deep into PASSIVE investing: the what's, how's and why's. Travis is a proponent of the FIRE Movement. Standing for "Financial Independence, Retire Early", the movement strives for a lifestyle that is paid for by passive cashflow covering all of one's living expenses, thus essentially freeing them from needing to work a J.O.B. Travis teaches this with a twist. Hint: it involves apartment investing. Building a portfolio of cash-flowing, appreciating multi-family assets is a way of achieving financial independence that is unlike any other. And, its easier than you think. 

Monick Halm is an educator and advocate for women to create passive income streams through real estate investing. Her mission is to assist 1 million women to achieve financial freedom through real estate. She is the founder of Real Estate Investor Goddesses, and is herself a real estate investor and syndicator with over 15 years of real estate investing experience in multi-family, industrial, mobile home and RV parks, flipping, vacation rentals, and ground-up development. Together with her husband and her investors, she owns over 1300 rental units across 7 states.

She is the #1 bestselling author of The Real Estate Investor Goddess Handbook, Wealth for Women: Conversations with the Team That Creates the Dream, and Investing in Real Estate from $1 to $1 Million. She is the host of the Real Estate Investor Goddesses Podcast. She is also a Real Estate Strategy Mentor, keynote speaker, recovering attorney, certified interior designer, Feng Shui expert, avid world traveler, wife and mother of three amazing kids.

On this episode, we discuss the growing, powerful presence of women in the multi-family investing space. Monick’s mission guides her as she enables women to become financially free. As an investor in both single-family and multifamily, she brings a perspective that illuminates the many pluses of multifamily investments: economies of scale, leverage and scaleability. 

We discuss watershed moments, those that change the course of our lives in an instant. With Monique, her mission came to her in a “spiritual download” she received while working out. Another 10 minute conversation with Robert Helms, her mentor, opened up her mindset to the possibilities of apartment investing. As a capital raiser, Monique focuses first on her thought leadership platforms (her books, podcast, speeches, etc) to establish credibility, expertise and trust with potential students and investors.

She has a personal daily practice/ritual that you will NOT want to miss hearing about! 

Monick is quite the game-changer and it is a pleasure to get to spend this time in her world.

Anna Myers is an absolute rockstar in the multi-family space. Anna Myers serves as Vice President at Grocapitus, a commercial real estate investment company in the San Francisco Bay Area. Anna is a third-generation commercial real estate entrepreneur who applies her 25+ years of experience in technology and business to finding, analyzing, acquiring and asset managing commercial properties in key markets across the U.S. Together with her business partner Neal Bawa, they approach real estate through a data science lens to create compelling profits for 1000+ investors.

As the lead underwriter for the company, Anna teaches deal analysis for MultifamilyU in quarterly Boot Camps. MultifamilyU is an apartment investing education company owned by the principal Neal Bawa. Also via MultifamilyU, Anna hosts weekly webinar events featuring top speakers in real estate. Anna is regularly interviewed on podcasts in the industry, with over 25 podcast appearances so far in 2019. Anna Myers also co-hosts two monthly Real Estate Investor Meetups in the Bay Area with over 1000   members.

Related to Syndication with Grocapitus, Anna and Neal have successfully completed Equity Raises of $53 Million dollars for Multifamily Acquisitions in the last 12 months, resulting in over 1800 units purchased. They are on track to close another 800 in the next 12 months. As the asset manager for the Grocapitus portfolio, Anna again brings the data driven approach to track and insert optimizations to the properties to help drive property performance and investor returns.