The Cashflow Project

For this educational series, we’re going to outline the general timeline and sequence of events that occur from start to finish of a multifamily acquisition from the eyes of a passive investor.

HIGHLIGHTS OF THE EPISODE

01:02 Behind the Scene of what the sponsorship team is doing

06:44 Subscription period

07:46 After the subscription period

10:57 What happens at the end of the year

CONNECTING WITH THE HOSTS

Website: www.Tricityequity.com

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In this educational series, we will be going over on “Why Multifamily”. And we’ll be covering the top 10 reasons of multifamily versus other asset classes that you might be interested in. Don’t forget to Subscribe. More videos will be uploaded soon. Don’t miss it!

TOP 10 REASONS WHY MULTIFAMILY VS. OTHER ASSET CLASS

00:57 1. The resilience and tough times

02:11 2. Hedge against inflation and stock market volatility

04:46 3. Superior tax benefits of multifamily

05:40 4. Under supply of housing

09:11 5. Flight to safety

09:57 6. Control

12:59 7. Leverage

13:53 8. Scalability as an LP (Limited Partner)

16:37 9. The Principal paydown

19:19 10. Appreciation

CONNECTING WITH THE HOSTS

Website: www.Tricityequity.com

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#Whymultifamily #MultifamilyInvesting #MultifamilyRealEstate

HIGHLIGHTS OF THE EPISODE

[00:54] Talks about the real estate slogan. Location and Terms

[03:29] Talks about growth in terms of looking at market

[05:24]  Assumption in the proforma

[09:58] Talks about Net Absorption

[12:45]  Talks about Market Cycle

[14:37] Talks about Geoarbitrage

CONNECTING WITH THE HOSTS

Website: www.Tricityequity.com

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In this Education Series we will be talking about Syndication Offering as it relates to Multifamily. We’re gonna go through the main key points about fee structures and company structures and some of the documents that you're gonna see.

[01:18] Different fees involved in the Syndication

[03:13] Normally involved profits

[05:40]  Understanding risk profile 

[08:14] Time Frame that an Investor can expect

[10:20] Types of Business Plans in Multifamily Space

[11:27] Questions to ask for Investors to a property manager

[12:18]  Types of Exit Strategies

[14:54] Key Performance Indicator should Investors look for in a deal

[18:10] What are the legal documents involved?

[21:07] Considering opportunities for Investors

CONNECTING WITH THE HOSTS

Website: www.Tricityequity.com

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Basics of Syndication

01:24 What is a Syndication?

02:04 What are the roles in Syndication?

03:09  What does the “Limited” in limited partner mean?

03:58 Why do people do Syndications?

04:34 What’s the difference between Syndication and other forms of ownership?

05:06 What is an accredited investor?

06:52  Differences between JV partnerships and Syndications

09:01 Who are Syndications for? 

CONNECTING WITH THE HOSTS

Website: tricityequity.com

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If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.

GUEST BIO

Steve is a real estate professional with 8 years of industry experience in two states. He has served in various roles in real estate, including serving as a licensed loan officer specializing in short term funding, as wholesaler identifying, acquiring and marketing distressed property, as a licensed Realtor for residential property and actively as an InterNACHI certified home inspector having inspected over $150M worth of residential and commercial real estate. He currently owns long and short-term multifamily rentals in 4 states including 52 units in a JV with Tri-City Equity Group in Michigan and 48 units as a GP in Texas.

HIGHLIGHTS OF THE EPISODE

[01:33] How did Steve started his journey earning passive cash flow  

[03:19]  Deciding the path for passive income

[05:51] Why building passive cash flow 

[08:32] Actions to take initially 

[11:07] Cash flow goal

[13:19] Duplex as the learning experience

[16:25] Overcoming challenges 

[18:46] Advice to give to your 20 year old self

[21:08] Overcoming Fear

[23:28] Best book to recommend

[30:33] Where to Invest Next

[30:47] Greatest failure

[32:22] Advice to give to listeners

[34:48] Separates successful investors to those who failed

33:35 Reaching out to the guest

BOOKS MENTIONED IN THIS SHOW

The Bible

Rich Dad Poor Dad by Robert Kiyosaki

The Strangest Secret by Earl Nightingale 

NOTABLE QUOTES (KEY LESSONS):

“Anytime you’re providing value, that’s the only time you are able to earn. To provide value for somebody else”

“You don’t need to have cash, you don’t need to have a couple of thousand dollars sitting on your bank account for you to get started in Real Estate. But you do need to take action, you do need to move beyond the fear of having no money. You do need to move beyond that limitation”

If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.

CONNECTING WITH THE GUEST

Website: tricityequity.com

Email: [email protected] 

[email protected]

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Matthew Callihan has been investing in real estate since 2010 and has experience with Multifamily, short sales, fix-n-flips, single family rentals, wholesaling, and private money lending. He holds a Bachelors degree from Park University. While attending college Matthew worked as a Financial Representative with Northwestern Mutual and enjoys educating young people on finance and the many different investment strategies available. Matthew is always looking to add to his skill sets and has participated in training with ‘Clever Investor’ (real estate investing) and ‘Build Your Empire’ (a prominent entrepreneur incubator). In addition to real estate investing, Matthew has almost 12 years of military experience and currently holds a commission as an Army logistician. Most recently he served as the executive officer of a distribution company.

HIGHLIGHTS OF THE EPISODE

[01:21] How Matt started his journey earning passive cash flow  

[05:32] Reason for choosing to real estate

[06:15] Why building passive cash flow 

[06:48] Cash flow goal

[08:47] Best investment made

[09:39] More about Tricity Equity Group

[13:06] Systems and Processes 

[16:40] Advice to give to your 20 year old self

[17:28] What is House hacking?

[20:18] Bridgeport deal

[22:32] Challenges that came across from Bridgeport deal

[24:00] Common myths in Real Estate

[26:47] Advice for the listeners

[29:08] Best book to recommend

[31:41] Request for the audience

[33:35] Reaching out to Matt

BOOKS MENTIONED IN THIS SHOW

Multi-Family Millions by David Lindahl

NOTABLE QUOTES (KEY LESSONS):

“More millionaires are created every year from real estate than every other industry”

“Not every millionaire became a millionaire investing in real estate but every millionaire invest in real estate”

“Real Estate isn’t a get rich quick scheme but it’s a get rich for sure scheme”

If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.

CONNECTING WITH THE GUEST

Website: tricityequity.com

Email: [email protected]

[email protected]

Facebook | Instagram

GUEST BIO

Vincent - Vincent has over 7 years of multifamily investing experience; he currently owns and operates 20 units in his personal portfolio, an additional 52 units in JV, and 48 units as a GP. He specializes in market research, due-diligence, strategic planning, project oversight and execution. He recently held the position of Resource Advisor for the U.S Air Force where he drafted and managed the operational funds and projects for a $1.4B enterprise. He also holds a green belt LEAN Six Sigma Process Improvement. Lastly, Vince lives out my passion for education as a real estate investment coach at the Wheelbarrow Profits Academy founded by Jake Stenziano and Gino Barbaro who have over 1,500 units.

HIGHLIGHTS OF THE EPISODE

[00:50] How Vince started his journey on earning passive cash flow

[03:57]  Deciding real estate versus Stocks

[07:27] What is your “why” for building passive cash flow?

[10:00]  Charities that Vince supports

[10:52] The most recent deal?

[13:18] How’s that deal doing currently?

[14:54] His role on the deal.

[15:26]  The one obstacle that he faced and what he did to overcome that? 

[19:21] Common myths in real estate

[21:48] The advice he would give to his 20 year old self

[23:47] Advice to people struggling to get started on real estate

[29:40] What is his super power?

[32:02] Requests for the audience

[38:01] How you can reach Vince

BOOKS MENTIONED IN THIS SHOW

Rich Dad, Poor Dad by Robert Kiosaki

The 10X rule by Grant Cardone

The One thing by Gary Keller

7 Habits of Highly Effective People by Stephen R. Covey

How to win Friends & Influence People by Dale Carnegie

Think and Grow Rich by Napoleon Hill

The 4 hour Work Week by Timothy Ferriss

The Honey Bee by Jake & Gino

If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.

Call to Action

If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.

As a real estate investor, Duc is a partner in 732 units across 6 states. He is a limited partner in a 114 unit apartment complex in Atlanta, GA, a 310 unit community in El Paso, TX, and a 192-unit in Longview, TX. As an active investor, he owns a single-family rental property in Anaheim, CA, 15 units in one JV in Pittsburgh, PA, 52 units with Tri-City Equity Group in Saginaw, MI, and 48 units as a GP in El Paso. He owns a personal residence condominium in Honolulu and is under contract on a new construction condo unit in Kaka’ako. His broad experience as a real estate investor and real estate agent on Oahu allows him to assist the team in various aspects of operations, marketing, and finance. Duc is also a licensed realtor on Oahu, with over $17M in career sales volume. He specializes in working with investors.

kakaakocondoexpert.com

[01:45] How Duc got started on his journey to earn passive income with Real Estate

[03:14]  How Duc decided what route to take

[04:10] Pricing: Multi family property VS Single Family property

[05:22] Why are you trying to build passive income?

[07:38] How did you know what actions to take when you made the jump from Single Family to Multi Family?

[08:59] What are your cashflow goals?

[11:00] Where are you at currently in achieving those goals?

[08:59] What are your cashflow goals?

[12:38] What is the best/most worthwhile investment you’ve made?

[16:18] What is the worst advice you see in the Real Estate Investing World?

[17:40] Partnering: How important is it?

[20:00] Any obstacles that you faced in your journey as an investor? 

[22:20] What advice would you give to your 20 year old self as far as Real Estate Investing? 

[24:00] Any major failures that set you up for success later? 

[26:52] What advice would you have for someone struggling to get started but wants to?

[28:00] What separates successful investors with those that fail?

[29:07] Are there any books you can recommend for those people that are just starting?

[31:20] Do you have any requests for our audience? 

If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.

This is an introduction to “The Cash Flow Project” podcast. Here you can learn who we are and what you can expect from our new journey which covers real estate, syndication, multifamily investing and more. Make sure to subscribe, follow and share with your friends. We’re looking forward to providing value to whoever listens to our podcast.

OUR HUMBLE BEGINNING

[00:37] Who are we and who are we making this podcast for?

[02:44] Purpose of the Podcast

[03:11] Who would benefit the most from listening to us and our guest?

If you found value in this podcast, please subscribe so you can get the latest episodes.

We would love it if you give us a rating and review.

If you know anyone who might resonate with today's podcast, please share the episode with them.

To connect with like minded investors, join our FB Group Honolulu Multifamily and More.

If you are interested in connecting with us, go to tricityequity.com to learn more.