The Cashflow Project

Welcome back to The Cashflow Project! Today, we’re joined by Kurt Volkman, associate principal at HED, a leader in multifamily and mixed-use architecture. Kurt shares insights on "enlightened urbanism," blending sustainability and wellness into design. We’ll explore trends like Passive House projects, solutions for rising construction costs, and building resilience in storm-prone areas. With expertise shaped by his journey and upcoming appearance at Chicago Build Expo 2024, Kurt highlights the value of thoughtful, community-focused design. Don't miss this insightful conversation!

[00:00] Excited to discuss industry trends and insights.

[05:04] Global economy influences design with regional aspects.

[07:42] Educating officials enhances high-performance building adoption.

[12:36] Ensuring safety and longevity for residents' comfort.

[16:09] Unique perspective helps anticipate industry trends.

[17:10] Big companies drive dynamic markets, attract talent.

[20:40] Need expert advice for hurricane preparedness compliance.

[23:35] ATV innovates affordable housing with mixed-use developments.

[29:03] Experience and connections offer invaluable marketplace value.

[30:15] "Rewired by McKinsey: Understanding AI's societal impact."

[33:40] Valuable architecture insights on community-focused design.

Connect with Kurt Volkman!

Website

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome back to The Cashflow Project! Today, we’re joined by Leslie Awasom, Co-founder of XSITE Capital Investment LLC, who shares his journey from nurse anesthetist to full-time entrepreneur. Leslie discusses the current multifamily market, his team’s acquisition strategies, and the opportunities in discounted properties. He also highlights the importance of understanding your "why," conservative underwriting, and the value of community in real estate. Tune in for valuable insights, motivation, and advice to help you take the next step toward financial freedom!

[00:00] Pursued real estate investing for work-life balance.

[06:29] Transitioning from residential to commercial real estate challenges.

[07:46] Partners enable exciting investment opportunities for immigrants.

[11:48] Creating passive income for more family time.

[15:38] Slow deal flow; stayed disciplined, focused acquisition.

[17:19] Interest rate spike creates buyer's market opportunity.

[22:17] Educating investors through meetups and underwriting classes.

[23:29] Networking community for education, income diversification, growth.

[29:39] Takes longer due to property distress issues.

[31:56] Superpower: Mentoring others to realize their potential.

[34:52] Overcome fears, network boldly, embrace opportunities.

[37:59] Meetup in Honolulu; connect and subscribe online.

Connect with Leslie Awasom!

Website

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project! Today, Curtis May, host of The Practical Wealth Show and owner of Practical Wealth Advisors, shares 35 years of financial insights. He discusses principles from The Gap and The Gain, highlights the power of controlling cash flow and persistence, and introduces the concept of infinite banking. Curtis also emphasizes foundational financial practices and offers advice on using time effectively. Tune in to transform your wealth-building approach with Curtis’s wisdom on financial freedom and principles-based planning.

[00:00] Reading economics to understand market disruptions.

[03:20] Helping achieve financial freedom through principles-based planning.

[06:42] System lacks savings; spending is default mode.

[10:53] Focus on efficiency, not just investment picking.

[13:35] Inherited business mindset, parents' influence, self-learning journey.

[16:50] Manage debt efficiently; follow Babylon's principles.

[20:08] Work on mindset, skill set, and network.

[23:52] Become a real investor; prioritize saving and protection.

[25:28] You achieve financial freedom through strategic investments.

[28:20] Watching screens limits personal creative time.

[33:49] Killing Sacred Cows influenced financial mindset development.

[35:35] Mind the gap; avoid missing opportunities.

[38:05] Learn MBA concepts through podcasts and audiobooks.

[42:13] Start with little money; grow your future.

[44:17] Start with basics; success builds incrementally.

Connect with Curtis May!

Website

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project! In today’s episode, we’re joined by Grant Shipman, a leader in co-living property management. Grant shares how he achieved financial freedom in 15 months by pioneering co-living strategies, where multiple people co-own single-family homes. He emphasizes community-focused management, leading to long-term tenant relationships and a 97% lifetime occupancy with his company, Living Smith. Tune in for insights on how co-living addresses modern housing challenges and offers a smart, sustainable investment approach.

[00:00] Unexpected journey: vanished wife, living with hippies.

[04:46] Renting by the room: high demand, conflicts.

[08:04] Thriving from adversity through intentional community living.

[11:47] Co-living highlights forgotten social need, household.

[14:07] Co-living reduces damage risk and offers accountability.

[18:53] Month-to-month leases reduce turnover, ensure flexibility.

[19:50] Co-living properties mostly self-manage, distinct from sober living.

[24:39] Co-living is advanced house hacking with management.

[29:24] Managing Airbnb like long-term rental causes stress.

[30:17] New strategies in real estate investing emerge.

[34:28] Jason's coaching transforms mindsets with simplicity.

[38:52] Visit livingsmithpro.com for co-living assistance.

[40:55] Connect locally through Tri City Equity meetups.

Connect with Grant Shipman!

Website

LinkedIn

Instagram

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project! Today, we’re joined by John Bianchi, who shares his journey from managing Airbnb units to finding his passion in data analysis with Techvestor, a leading short-term rental investment fund. John highlights key lessons like "failing forward," building multiple income streams, and the importance of self-awareness and financial literacy. We also explore the impact of COVID-19 on the Airbnb market and how adaptability is crucial in real estate. Don’t miss this insightful episode filled with valuable tips and inspiration!

[00:00] Hyper-focused on Airbnb data; useful tool.

[04:25] Ventured from Airbnbs to renewable energy, created course.

[09:16] Do what you love; provide more value.

[10:06] Filling gaps creates value in business opportunities.

[15:17] Understanding the process behind success is valuable.

[16:35] Surround yourself with supportive, growth-focused people.

[21:18] Belief in divine purpose and personal growth.

[25:19] Eliminate mortgage stress by investing in properties.

[28:11] Master money management before pursuing real estate.

[32:13] Airbnb industry stable; COVID caused temporary shift.

[33:58] Late market entry leads to Airbnb struggles.

[37:44] Recession impacts Airbnb more than long-term rentals.

[39:55] Own top Airbnb for steady income during recession.

[44:30] Watch courses, find profitable properties, valuable insights.

[47:26] Join our monthly Honolulu multifamily networking meetups.

Connect with John Bianchi!

Website

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project! In this episode, we talk with Darius Ross, founder of D. Alexander Ross Real Estate Capital Partners, who shares 30+ years of real estate expertise. Darius offers insights into market opportunities, the importance of legal knowledge, and creative financing strategies. We explore challenges in today’s economy, conservative underwriting, and potential market shifts. Darius also gives advice on understanding market cycles and balancing life as an entrepreneur. Don’t miss his thoughts on the economic downturn and its effects on real estate.

[00:00] Started in real estate, shifted mindset, invested.

[04:26] Anticipating market damage; investments holding cash.

[06:45] Opportunities exist where big players overlook risks.

[10:33] Congress's bail-in law means fewer taxpayer-funded bank rescues.

[15:09] Consider smaller markets, cutbacks, business continuation insurance.

[19:29] Think long-term, save resources for future opportunities.

[22:12] Leadership DNA out October 24, focuses leadership.

[25:51] History repeats; human nature remains unchanged.

[29:06] Understand limits, manage money, assess advice carefully.

[31:49] Learn, connect, invest: Visit tricityequity.com now.

Connect with Darius Ross!

Website

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project Podcast! In this episode, we chat with real estate expert Darin Davis, who shares over 20 years of industry insights on navigating rising housing and insurance costs. He highlights the benefits of public-private partnerships and tax incentives in addressing Texas’ housing shortage. Darin also reflects on his personal journey, mindset shifts, and the importance of having a strong "why." Plus, he introduces his nonprofit, the "Never Quit Initiative," supporting families facing cancer-related challenges.

[00:00] Succeeded in sales and investments during .com boom.

[03:27] Father's death led to reevaluation of life.

[08:54] Prioritized personal life over constant traveling career.

[10:55] Success requires adaptability and resilience during setbacks.

[15:03] Create, don't just criticize; we're here to help.

[18:43] Renting in Texas $1,300 cheaper than owning.

[19:28] Texas using public-private partnerships for affordable housing.

[23:06] Politicians balance interests of businesses and workers.

[26:59] Dreams of early retirement disrupted by cancer diagnosis.

[30:23] Passive cash flow can be vital for emergencies.

[33:14] "Could you realistically take off a year?"

[37:45] Teaching kids financial responsibility as they mature.

[41:39] Embrace failure; it's essential for entrepreneurial success.

[43:38] Jerry dates multiple women hoping for success.

[46:05] Insightful talk with Darren Davis in Austin.

Connect with Darin Davis!

Website

Website 2

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project! Today, we sit down with Ron Koenigsberg, founder of American Investment Properties, who brings over 30 years of commercial real estate expertise. They discuss Ron's market predictions, creative deal structuring, and the benefits of seller financing. Ron emphasizes the importance of active listening, leveraging partnerships, and continuous learning in real estate. Whether you're an investor or real estate professional, this episode is filled with practical advice and insights from an industry veteran. Tune in for a valuable conversation!

[00:00] Appreciation expressed, request for real estate backstory.

[03:27] Born dyslexic, adapted to excel in communication.

[08:45] Changes in real estate deals post-Covid?

[12:47] Never witnessed market crash; expect vibrant future.

[14:03] Fiscal easing raises valuation of hard assets.

[17:46] Collaborative meeting ensures profitable, fee-free transaction.

[22:17] Commercial real estate is more creatively flexible.

[23:12] Real estate brokers, ask senior brokers questions.

[26:36] Active listening improved my relationships and career.

[32:31] Fear of public speaking stems from ancestral survival.

[34:10] 85% of leaders aspire to entrepreneurship.

[37:46] Passionate commercial real estate seller with top qualifications.

[40:55] Superpower: absorbing, persisting, making 400 calls daily.

[45:20] Insightful talk with Ron Koenigs, experienced real estate broker.

[46:06] Stay open to learning and self-improvement.

Connect with Ron Koenigsberg!

LinkedIn

AIP Commercial Real Estate

LI Investment Group

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome to The Cashflow Project! In this episode, we chat with Jeremy LeMere, founder of Navigator Wealth Fund, who shares his journey from a blue-collar background and engineering career to achieving financial freedom through real estate. Jeremy offers insights on transitioning from a W-2 job, maintaining cash flow, and building strong partnerships. He emphasizes continual learning, diversification, and networking as keys to success. Stay tuned for valuable lessons, book recommendations, and advice on overcoming challenges in real estate investing.

[00:00] Completed MBA during financial crisis; entered real estate.

[06:43] Scaled back to managing own portfolio, assisting friends.

[08:09] Investing journey: problem-solving, skillsets, capital raising, accessibility.

[13:20] Transitioning occupations to real estate as side gig.

[17:05] Understanding and systems prevent business failures and audits.

[18:38] Understanding bookkeeping and accounting ensures business integrity.

[23:55] Syndication offers portfolio risk balance and stability.

[25:58] Shift from multifamily to self-storage for better returns.

[30:01] Partnerships require alignment in commitment and values.

[32:35] Opportunities arise but beware of potential pullback.

[37:04] Prepare fully for entrepreneurial success and challenges.

[38:55] Jeremy Lemire’s experience, advice, giving back, education

Connect with Jeremy LeMere!

Website

LinkedIn

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram

Welcome back to The Cashflow Project! Today, we chat with Dan French, a certified property manager overseeing over 15,000 units and $2 billion in assets. Dan shares his journey from a working-class background to managing properties across various markets, highlighting how his firm adapted to market changes and Texas' resilience during the Global Financial Crisis. He emphasizes the importance of conservative underwriting, tenant care, and a long-term investment mindset. Tune in for valuable insights and actionable advice for real estate investors.

[00:00] Painter turned real estate entrepreneur in NYC.

[05:07] Market selection, experience, and financial stability crucial.

[07:46] Years of hard work, investor payback, growth.

[12:16] Impactful real estate investments can change communities.

[13:20] Real estate is about community and impact.

[17:59] Opportunity is everywhere, especially in tough times.

[19:39] People often seek opportunities elsewhere, but wait is dynamic.

[22:53] Team growth, risk mitigation, cost reduction strategy.

[26:13] Monetization through carports and storage units.

[31:05] Prepare for long journey to success, start now.

[33:52] Ownership mentality changes perspective and partnerships.

Connect with Dan French!

LinkedIn

Website

Connect with The Cashflow Project!

Website

LinkedIn

YouTube

Facebook

Instagram