The Cashflow Project

Welcome to The Cashflow Project! In this episode, Steve sits down with CJ Calio, a co-founder of WNN Properties and a full-time residential and commercial real estate investor. CJ shares his inspiring story of leaving his job as a UPS driver to become a successful real estate investor. He talks about his journey from residential to commercial properties, leveraging his portfolio using the strategy of the 1031, and the mental and emotional challenges he faced.

Mentoring others into financial success through Real Estate

CJ's emphasis on surrounding oneself with experienced real estate investors, seeking out mentors and advisors, and learning the lingo, speaks to the importance of mentorship in achieving financial success through real estate. Mentoring can provide guidance, knowledge, and support to those looking to enter or grow in the real estate industry. In addition, CJ's experience building relationships and doing business in the Midwest highlights the importance of authenticity and establishing rapport, which is essential in building trust and successful partnerships. Expanding one's comfort zone and networking with others allows opportunities to grow and learn, and verifying information ensures that decisions are made with accurate and reliable information. Mentoring and building relationships with experienced individuals in the real estate industry can be crucial to achieving financial success and growth in the field.

About CJ Calio:

CJ Calio is the co-founder of WNN Properties LLC and a full-time investor in residential and commercial real estate. CJ has raised millions to build a substantial residential and commercial portfolio and now helps others do the same. In less than five years, CJ and his wife were able to live their dream of being full-time investors while spending more time with their wonderful children. Let WNN Properties help you do the same. 

Outline of the episode: 

0:02 – CJ’s experiences and insights as a full-time investor in both residential and commercial real estate

1:12 - CJ’s transition from being a UPS driver to investing in real estate.

5:04 – CJ’s experience of starting a business and how he had to overcome challenges and make tough decisions.

11:17 - The transition from residential to commercial investing

14:57 - Experiences with residential and commercial real estate and how to expand comfort zones to be successful.

18:59 -The importance of identifying opportunities and taking action on them, even in challenging situations

23:17 - Building income streams to achieve financial independence

26:53 - How to invest with little to no money and scale a larger portfolio.

Connect with CJ Calio…

Website: https://wnnproperties.com/

LinkedIn: https://www.linkedin.com/in/cj-calio-621344113/

Facebook: https://www.facebook.com/wnnproperties

Connect with The Cashflow Project!

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The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

CP 129: Finding success and significance through flipping with Hector Martinez

The journey of a property does not end when it's distressed, for some people, these properties are just starting their second lifetime. Take a look at the behind-the-scenes mindset of a Real Estate Investor who makes living doing just that.

In this episode of The Cash Flow Project Podcast, join Steve as he talks with Hector Martinez about his life experiences as a real estate investor with over 100 properties fixed and flipped. Take inspiration from Hector's journey from Mexico to Atlanta where he is currently leading an expert group of people who can turn around distressed properties while helping the homeowners and other allied professionals and businesses.

Hector Martinez

Hector Martinez is a Real Estate Investor with over 100+ properties fixed and flipped in the Atlanta Metro Area. His experience includes a background in banking, having worked for Wells Fargo before getting into real estate investments. His group's expertise in fixing and flipping distressed properties had helped hundreds of homeowners buy and sell properties. They take pride in the fact that with every home they buy and fix, the economic benefit includes other professionals and businesses like real estate agents, escrow officers, and local home improvement stores. He is also involved in short-term and long-term rentals.

Outline of the episode: 

Intro

1:52 Hector's Journey: From Mexico to Atlanta

4:34 Learning about finance and Real Estate in Wells Fargo

10:51 Mindset change that needs to happen.

12:35 Mentorship: Importance and Process

15:35 God will bring you people you need in the right time.

16:53 Mindset and Self-Awareness.

20:11 The benefit of being open to criticism.

23:23 The perspective from the book, Your Next Five Moves

25:20 The lifestyle you want to live.

28:33 Remember why you started and starting with the end in mind

33:09 Making changes with the current market shifts

35:05 Focusing on profitable deals

40:54 Scaling down and The Pareto Principle.

42:11 Fire Round: Book recommendation

43:08 Fire Round: Your superpower

45:44 Fire Round: Biggest lesson thus far

47:22 Advice for the busy working professional

50:29 Outro

Connect with Hector Martinez:

Website: https://linktr.ee/hectormartinez.rei

Linkedin: https://www.linkedin.com/in/hectormartinez7

Instagram: https://www.instagram.com/hectormartinez.rei/

Connect with The Cashflow Project!

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The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Looking to save money on your short-term rental business? Look no further than Host GPO! In this episode, Join Steve as he sits down with CEO Jeff Iloulian to share how he founded HostGPO to help vacation rental operators save money on everything from linens to furniture. Plus, Jeff offers tips for new hosts setting up their properties. Tune in to learn more and discover the benefits of HostGPO. And remember to mark your calendar for the upcoming Hawaii Millionaire Mindset 2.0 conference happening on June 29 through July 1 at Mauna Lani resort in the Big Island!

Revolutionizing the Short-Term Rental Industry with Exclusive Deals and Unique Products

HostGPO is an international Group Purchasing Organization for the short-term rental industry, providing members with access to the best deals on furniture, supplies, and services from top retailers and vendors. The partnerships have been specially negotiated, resulting in better rates than standard trade discounts. HostGPO also offers unique products only available in large hotel chains. HostGPO was created by CEO Jeff Iloulian, who was motivated to solve his problem while operating a vacation rental company for seven years. The company aggregates similar companies and negotiates discounted bulk pricing from big brands. In addition, HostGPO offers pre-packaged items to make setting up new properties easier for hosts. Panic buying should be avoided to prevent hurting margins.

About Jeff Iloulian:

Jeff has been in the vacation rental industry for nearly a decade. He has set up, managed, and operated over 250+ vacation rental properties–from cozy cabins in the woods to luxury mansions in Beverly Hills. Additionally, Jeff has successfully grown several businesses and is passionate about interdisciplinary problem-solving in emerging industries. He firmly believes that the further you push outside your comfort zone, the more significant that area becomes. With a background in Economics and Philosophy from Columbia University and a JD from UCLA School of law, Jeff spent three years as a lawyer practicing Business Litigation, Intellectual Property, and Cybersecurity before becoming an entrepreneur. In his free time, Jeff enjoys playing music, eating tacos, and traveling.

Outline of the episode: 

1:08 How HostGPO is Revolutionizing the Short Term Rental Industry

4:06 Saving Money on Furnishing Your Property with High-Quality Items

7:00 The Importance of Quality in Short-Term Rental Listings

12:22 How Investing in Quality Can Make a Big Impact

15:17 Why a Small Inventory Closet is Essential for Short Term Rentals

19:54 The Convenience of Using HostGPO

24:52 Navigating Business Success with an Open Mindset

28:48 Exploring the Benefits of Meditation

34:21 Streamlining Short-Term Rental Operations with Group Purchasing Organization (GPO)

Connect with Jeff Iloulian:

LinkedIn: https://www.linkedin.com/in/jeff-iloulian-bb0b6829/

Facebook: https://www.facebook.com/hostgpo/

To Log In, visit: https://members.hostgpo.com/accounts/login/

Connect with The Cashflow Project!

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The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Get ready for an insightful episode of The Cash Flow Project Podcast as Steve sits down with real estate investing expert Terrie Schauer, CEO & founder of MRG Management. With over 20 years of experience in real estate investing and property management, Schauer is a leading authority applying mindfulness principles to real estate investing. In this episode, the hosts discuss the ins and outs of real estate investing, particularly in multi-family properties, to increase cash flow. Schauer shares her journey into real estate investing and provides valuable insights on prioritizing and scaling investments, the importance of time and taking care of properties, and the need for lifestyle adjustments to achieve financial independence. Listen to Schauer's thoughts on achieving holistic wealth and balancing financial freedom with personal relationships and well-being. Take advantage of this episode of The Cash Flow Project Podcast!

About Terrie Schauer:

Terrie Schauer is a powerhouse in the real estate industry, with over 20 years of experience as a successful investor and property manager. As the CEO and founder of MRG Management, a property management and real estate consulting group based in Montreal, Canada, Terrie is a leading authority on applying mindfulness principles to real estate investing. She has written the #1 bestselling book on Mindful Landlord, available on Amazon. Terrie also hosts The Real Estate Investor's Club Podcast, a must-listen for fellow and aspiring investors who want to build their portfolios for profit and peace of mind. With a Ph.D. in Communications and a Master's degree from Oxford University, Terrie brings a unique perspective to real estate investing. And in addition to her impressive academic background, she is a three-time world champion in Brazilian Jiu-Jitsu.

Outline of the episode: 

01 A Path to Increase Your Cash Flow

1:08 Residential to Multi-Res: A Real Estate Investor's Journey to Financial Freedom

4:33 Balancing Property Management and Personal Growth

8:13 Balancing Financial Independence and Personal Life as a Landlord

12:02 Setting Lifestyle Goals in Real Estate Investing

14:56 Advice for Real Estate Investors in a Shifting Market

17:16 Finding Deals in a Challenging Market with Immigrant Growth Driving Rental Demand

20:21 Finding Opportunity in Every Market Cycle

22:33 The Importance of Time and Lifestyle Hits in Real Estate Investing

25:10 Mindful Investing and Property Management

Connect with Terrie Schauer:

Website: https://terrieschauer.com/

LinkedIn: https://www.linkedin.com/in/terrieschauer/?originalSubdomain=ca

Facebook: https://www.facebook.com/TerrieSchauerInc/

YouTube: https://www.youtube.com/channel/UCDr1T9haN4CDWXdlwQjz1Dw

 Instagram: https://www.instagram.com/terrieschauer/

Connect with The Cashflow Project!

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The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Tune in to the Cash Flow Project Podcast and get ready to take some notes! Join Vince as he chats with real estate investment expert Amy Sylvis, founder and principal of Sylvis Capital. With a $96 million portfolio of assets under management, including 750 apartment units and 55+ developments, Amy knows a thing or two about investing in real estate. In this episode, she shares her journey as a passive investor and offers tips on diversifying your portfolio to maximize returns. Find out how Amy and her team are staying active in the market, mitigating risk, and taking advantage of the on-shoring trend. Plus, she shares her superpower and offers advice for working professionals seeking financial freedom. Take advantage of this insightful conversation!

From zero to $100M in AUM in 3 years with Amy Sylvis

Amy Sylvis, the founder and principal of Silvis Capital, and her $96 million portfolio of commercial real estate properties in the southeast and Midwest of the United States. Amy shares her experience as a passive investor, the challenges of investing in real estate, and the importance of having a strong "why" to succeed as an entrepreneur. This episode also touches on investing in out-of-state properties and the importance of diversifying a portfolio to increase returns. Amy Capital's recent acquisitions of industrial flex space and a 55 and up community are also discussed, highlighting their strategy of diversifying their portfolio and mitigating risks.

About Amy Sylvis:

Amy Sylvis worked for 13 years in the pharmaceutical and biotech industries, but after reading "Rich Dad Poor Dad," she shifted her career to invest in multi-family real estate. She founded and is the principal of Silvis Capital, which provides affordable housing for working-class families and invests in apartment properties in various states. Amy aims to achieve the five freedoms through her investments, including financial and time freedom. She believes in providing safe and secure housing for residents and giving back to charities that help children in need. She lives in Los Angeles with her husband and enjoys college football, traveling, and volunteering.

Outline of the episode: 

1:39 The Fastest Growth in Real Estate Investing

4:37 Choosing the Right Market and Treating Tenants Well

8:49 From LP to GP: Making the Jump and Lessons Learned

12:24 Diversification and Conservative Underwriting in Real Estate Investing

16:23 A Look at a 55+ Community and a Triple Net Lease Investment

19:25 Avoiding Mistakes and Growing in Commercial Real Estate Investment

22:33 An Entrepreneur's Journey to Financial Freedom and Giving Back.

26:32 Overcoming Personal Challenges to Achieve Financial Freedom

Resources:

Website: http://www.sylviscapital.com/

LinkedIn: https://www.linkedin.com/in/amysylvis/

Connect with The Cashflow Project!

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The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

From Assistant to Turnkey Tycoon: Alexander's Real Estate Journey! Join Steve and Alexander Cruz as Alexander shares his experience in the fast-paced world of real estate and how he transformed from an assistant to a turnkey solution provider with over 450 properties under management. Learn about the impact of COVID-19 and interest rates on the real estate market, the importance of building relationships, and Alexander's advice for working professionals seeking financial freedom. Get insights on the Baltimore, Maryland real estate market and discover Alexander's goals for 2023. Take advantage of this opportunity to grow your real estate knowledge!

About Alexander Cruz:

Alexander (Xander) Cruz is a full-time real estate investor and Turnkey Director for CR of Maryland: a real estate investment company that has grown into one of the largest home renovation companies in the Northeast. With over 2,000 transactions under their belts, CR of Maryland has developed a network of resources and relationships that they use to buy homes inexpensively. They have 350 single-family properties in Baltimore owned and under management, will rehab and sell more than 140 turnkeys in 2020, have done over 400 flips and 400 wholesales in Baltimore. Xander worked from the onset with Craig Reich and Brock Reich in developing CR of Maryland into one of the premier residential Real Estate Companies in Baltimore. Today he is the Turnkey Director, working closely with other Department Managers and directly with clients. Xander and his team ensure that successful relationships are built, top-notch service and high-quality product is delivered, and excellent Property Management is the standard.

Outline of the episode: 

0:01Introduction to today’s episode.

1:03 From a Criminology Degree to Running a Thriving Turnkey Solution

6:13 Building Reliable Turnkey Rentals in Baltimore

9:09 How the Shift in Interest Rates and COVID Impacted Turnkey Real Estate Investing

12:55 Riding the Real Estate Market Wave

16:54 The Importance of Diversification and Building Relationships

20:58 A Recommended Book for Investors and Entrepreneurs

24:39 The Importance of Taking Action in Real Estate

28:30 Connect with Like-Minded Investors & Learn from the Pros

Resources:

LinkedIn: https://www.linkedin.com/in/alexander-cruz-0669a653/

Instagram: https://www.instagram.com/crofmarylandhomes/

Website: https://crofmaryland.com/

Connect with The Cashflow Project!

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The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

In this episode, Steve is joined by Blake and Jessica Thompson, discussing the real estate journey from rentals to achieving financial freedom. Blake and Jessica shared that as soon as they got married, they knew they had to build their rental portfolio, and it helped that their family was supportive of this decision. When the first rent cheque came in, they started listening to podcasts, reading books, and attending webinars to enhance their skills in real estate investing. They then began with a goal of doubling what they have every year to be financially free eventually. There were challenges, but as they continued their journey, they ultimately met a mentor who helped them achieve more success and started flipping and scaling their real estate business. To learn more about their successful journey, tune in to this episode, and enjoy!

Outline of the episode:

·        [00:01] Intro

·        [01:32] How they met and got into real estate.

·        [06:20] Moving from San Francisco to Idaho.

·        [10:18] The steps that knocked out the projects

·        [13:42] Bikepacking vs. Real Estate.

·        [16:57] Challenges for investors in the current market.

·        [21:19] Mindset is a huge thing

·        [24:29] Networking groups

·        [28:39] Fire round

About The Thompsons

Blake and Jessica Thompson met in the suburbs of San Francisco in their young twenties. With both coming from a construction background, they quickly realized their shared passion in all things real estate and began building a life together in 2018. It didn't take long before they started dreaming of starting a family.

In 2020 they moved to Idaho in pursuit of their ideal family environment, where they now aim to help others in tough real estate situations. They aim to create win-win situations while at the same time improving the neighborhoods in which they live. Blake and Jessica love giving back and often look to the community for inspiration.

Resources:

·        Hawaii Millionaires Mindset Blueprint

·        SPEARPOINT GROUP

Connect with The Cashflow Project!

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●    LinkedIn

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Are you looking to use real estate as an asset to diversify your investment portfolio but need more time or more funds to get started? In this episode, Steve is joined by Heather Dreves, Director of Funding and Fund Manager at Secured Investment Corp., and they discuss passive investing backed by residential real estate. Heather shares how their company gives investors the ability to passively invest and create generational wealth through real estate and live off of their earnings without touching their investments outside the traditional stock market and the usual real estate grind. She also discusses how they manage the funding through different income streams, interest on debts, origination points, profit from sales of properties, and cash flow from rents. Therefore, if one also wants to join the real estate grind, one can provide funding at a minimum interest rate. If you want to learn more about investing passively or looking for funding, tune in to this episode and enjoy!

Outline of the episode:

·        [01:04] Heather’s investing journey

·        [06:55] COVID and its impact on the business

·        [10:09] The kind of assets she invests in

·        [13:28] Managing portfolio, buying and selling properties

·        [17:34] What is going on in the real estate market?

·        [19:12] Vertical integration is key

·        [24:04] Deals and how it works

·        [25:49] What’s the ceiling on the assets they are looking for?

·        [26:50] Fire round

·        [30:28] Her advice to working professionals working toward financial freedom

About Heather Dreves

She started with Secured Investment Corp in 2012 as an Investor Relations Manager. She immediately realized that she could bring great value and strength to the Fund Management Team and has been serving as the Director of Funding and a Fund Manager ever since. She has been in the private money space for the past 17+ years and previously held her Series 63 License. She personally raised over $300 million in her time with Secured Investment Corp.

Since joining the leadership team, the company has experienced exponential growth. Heather is instrumental in developing relationships with investors and guiding them through private money lending. She holds a seat as a Fund Manager and has led key growth areas, even while the economy continues to experience challenges in specific market segments. Together with other members of the Fund Management Team, she continues to focus on growth and serving clients with the highest level of excellence. Her analytical and creative skills have also been vital to continued record growth.

A mother of two sons and an avid outdoor person spending most summer weekends at their lake cabin in Northern Idaho. An avid CrossFit athlete and college soccer player, where she met her husband of 26 years. Her passion is to help clients create wealth and passive cash flow by investing in alternative asset classes.

Resources:

● Hawaii Millionaires Mindset Blueprint

·           Secured Investment Corp

Connect with The Cashflow Project!

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