This week I’m back behind the wheel trying to put together my blog while I am driving around town for work. So basically I am "Blogging While Driving" once again.

This time I’d like to share my impressions and ideas on how to give compliments to your team and your contractors and how to motivate the people around you. Also, how to guide people in the right direction when the outcome is poor or just plain wrong. This is part of a new "motivational" approach to my blogs.

Welcome to The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. In this episode we have Scott Choppin, founder of Urban Pacific Group and a real estate developer of multigenerational urban housing for families. With over 35 years of experience, Scott has developed over 3,400 units and has successfully exited over 900 M in sales.

With development becoming more popular than ever, today we will talk about the benefits of developing multigenerational housing. We will also discuss the three pillars of partnering up with a developer and talk about how to move from investing to developing. All this and much more, up next.

Bullet points

(01:45) Introducing Scott Choppin

(02:06) Developing has become more popular than ever

(03:47) Getting into development

(06:25) The multigenerational workforce housing

(11:20) The importance of having a ground floor bedroom and bathroom

(12:20) Multigenerational living in the US vs abroad

(13:44) The different types of units

(16:00) The square footage

(17:17) How many units are developed?

(19:06) Are you expanding into other areas?

(20:57) The project moving forward

(24:08) Vouchers for housing

(25:30) The three pillars of partnering up with a developer

(27:54) Moving from investing to development: Learning from others and finding the right partner

(32:29) What does financial freedom mean to you?

(36:18) Housing and longevity

(38:00) Where to find out more

For many people, the idea of buying real estate is oftentimes limited to buying a house or a condominium. But when you get more involved in the industry, you learn about the large variety of options available for investors, from residential to commercial real estate, to land, and so on.

If you own a condo, you’re familiar with terms like “special assessment”, “board of directors” or “rules and regulations”. And probably, you don’t like those terms.

In this week’s podcast, I explain in general terms the pros and cons of acquiring condos versus investing in multifamily property to give you an idea of what you can expect when acquiring condominiums.

Welcome to The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. In this episode we have Anette Talie, a full-time real estate investor, architect and mother.

Today Anette will share her story, from coming to the US from Peru, to how she became a real estate investor. We will talk about the benefits of hosting meetups and the importance of networking. We will also discuss how to close a challenging deal and a lesson about extensions. All this and much more, up next.

Bullet points

(01:50) Introducing Anette Talie

(02:37) Anette’s background: Coming to the US from Peru to study architecture

(03:56) Becoming an investor to diversify income

(04:57) Meetup groups

(07:57) The benefits of hosting meetups

(10:47) Closing a challenging deal

(12:45) A lesson on signing an extension for the due diligence

(15:16) Dealing with a lower appraisal

(16:40) Value-added deals and raising rent

(17:41) Refinancing and the importance of networking

(23:05) What advice would you give to your younger self?

(24:07) What does financial freedom mean to you?

(24:52) Anette’s podcast

(25:25) Where to find out more

“We lowered our risk by doing an extensive amount of research, finding the absorption rate in the area, seeing the interest rates, seeing the amount or lack of inventory, and so on. There was enough amount of data to back up our confidence that we could sell these units individually”

This week will like to share with you some unknown details behind one of the recent transactions we just did. We have closed recently several deals in different parts of the United States and we honestly believe that they are amazing deals.

So today let’s discuss a little bit about one of the properties in Orlando, FL.

Welcome to The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. In this episode we have Rod Khleif, an entrepreneur, real estate investor, multiple business owner, author, mentor and community philanthropist who is passionate about business, life, success and giving back. As one of the country’s top real estate trainers, Rod has personally owned and managed over 2,000 properties.

In today's episode we will talk about some of the most common mistakes investors make and how to learn from failure. We will also discuss the cycles of real estate, inflation and the current state of the market. Finally, Rod will share the details of his upcoming event, an amazing three-day bootcamp in Orlando. All this and much more, up next.

Bullet points

(01:29) Introducing Rod Khleif

(01:50) Getting into real estate and the 2008 story

(05:08) Learning from failure

(06:07) The most common mistakes investors make

(08:34) The cycles of real estate

(10:44) Structuring deals

(11:21) Discussing a current deal

(15:08) Inflation and the current state of the market

(16:28) The regret of selling

(17:56) Don’t be in fear of the market cycle

(18:32) Some newbie mistakes

(19:20) Setting a good percentage

(20:06) Acquiring distressed or receivership property: High risk and high reward

(22:36) What asset class performs the best during a recession?

(24:17) The Ohio deal and the tornado

(27:34) The three-day bootcamp

(30:57) Getting into Rod’s deal

Welcome to The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. Today we welcome Christian Bruno, a transactional attorney practicing in the areas of real estate, real estate finance, and general corporate and business law. Christian handles all aspects of commercial real estate and finance transactions, including acquisitions, leasing, development, joint ventures, loan issuances and restructurings, note purchases, workouts, and fund formations in Florida and throughout the United States.

Today we will discuss how an attorney can help you when investing in real estate, plus when to contact one. We will also talk about the most common mistakes investors make plus how to look out for liabilities. Finally, Christian will share some special nuggets about multifamilies, and talk about the way he structured a very particular deal. All this and much more, up next.

Bullet points

(01:35) Introducing Christian Bruno

(02:05) Christian’s background

(03:32) When to contact an attorney in real estate investing

(05:25) The binding exclusivity of LOI

(07:02) Building a relationship with an attorney

(08:27) The most common mistakes investors make

(10:43) Looking out for liabilities

(15:00) A different way of structuring a deal

(19:00) Depersonalizing a situation through an attorney

(21:22) What does financial freedom mean to you?

(22:20) Where to find out more about Christian

Hello everyone!

My latest blog is out now and it contains FIVE powerful reasons for you to check it out ASAP.

As you may know, I wrote a short e-book a while ago where I explain my vision for escaping the stress of managing assets, like the multifamily properties I am currently acquiring.

My blog is an invitation to read the e-book, where I describe briefly why you should read it, if you haven’t yet.

First of all, it’s totally free.

Secondly, and most importantly, it will give you a clear guide on multifamily investments, and also it will show you how it is possible to own and manage large real estate properties and still have time for fun!

Welcome to The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. In this episode we have Gwyeth Smith, who owns 1140 units throughout the United States in Dallas, Indiana, Pittsburgh, Tennessee and Ohio.

Today Gwyeth will share how he got into multifamilies while working a full-time job making prosthetics. We will discuss the pros and cons of buying property in other cities or states, and how to leverage your network to find deals. Finally, we will talk about one of the most difficult parts of putting a deal together and how to handle it better. All this and much more, up next.

(01:30) Introducing Gwyeth Smith

(02:00) How Gwyeth got to 1140 units while working a full-time job

(04:30) Getting into multifamily investment

(06:20) Jumping into bigger deals

(10:00) Buying in other cities or states

(11:30) Looking for opportunities outside the hottest markets

(13:00) Leveraging your network

(14:25) The most difficult part of putting a deal together

(21:20) Great deals and competition

(22:40) What is one of your biggest failures and what did you learn from it?

(29:00) How to handle contracts better

(34:45) What does financial freedom mean to you?

(35:40) What advice would you give to people wishing to get into multifamilies?

Hello everyone!

We are in the middle of the summer, now entering the second half of the year and we can now see more clearly the direction of the economy for the remainder of 2021.

I must say, the current trends are very promising and we believe that the fears of an economic crash are behind us, provided there is no catastrophic event impacting us.

According to Ethan Harris, Bank of America’s head of global economic research, the economic growth for the second quarter will be around 10%.

Jamie Dimon, the CEO of JP Morgan, was also very optimistic about the economy and suggested that a booming economy could extend well into 2023.

Of course, all this is good news, so I’d like to mention some very clear trends we are seeing in the economy and how they affect the real estate multifamily market.