The Real Estate Life Podcast

By Abiel Ballesteros

Real Estate investing is changing, but there are people evolving and thriving. In this podcast we’ll listen to their stories, and hopefully learn from them. I am dedicated to creating a life were I co... more

· Business

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FAQs about The Real Estate Life Podcast:

How many episodes does The Real Estate Life Podcast have?

The podcast currently has 79 episodes available.

The Real Estate Life Podcast episodes:

August 19, 2021 #04 - Doron Rice On Adding Value Through Choosing The Right Materials And Design
Welcome to the fourth episode of 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 welcome Doron Rice, an architect, project manager and real estate investor now focusing on multi families. Today we will discuss how much you should focus on design, plus we will give some tips for investors designing units for multifamilies. All this and much more, up next.
01:05 - Introducing Doron Rice
01:45 - Getting started in architecture and design
03:40 - What was like working on the 5th tallest building in the world
05:45 - Communicating remotely
07:35 - Working on a new project in Manhattan
08:55 - Getting into investments
11:45 - Jumping from single family to multi families: the importance of networking
16:15 - What does financial freedom mean to you?
22:20 - How we met
23:43 - The first deal
27:20 - Designing amenities
30:27 - Designing a lease office
32:00 - Advice for investors designing units for multi family
39:50 - What is the most difficult deal you had to fix?
42:50 - What is one of your biggest failures and what did you learn from it?
48:20 - How to reach out Doron Rice
...more
50min
August 19, 2021 What Kind Of Mindset Do I Need To Have As A Passive Investor?
Today I’d like to address the topic of MENTALITY, and specifically, the kind of mindset required to successfully become a passive investor. Many people want to become investors without the minimum knowledge about it. It’s not just about money; it’s about money management and the kind of approach you have to it.
So, when it comes to investing, there are many different ways to do it. But you need to be able to make a clear distinction between an ACTIVE investor, and a PASSIVE investor.
Traditionally, active investing is a hands-on approach, where you need to make frequent buy and sell decisions according to price fluctuations to make money. It means a lot of transactions and a lot of research. It requires a lot of effort, and takes a lot of time.
On the other hand, passive investing requires research of course, but you don’t have to dedicate most of your time to it. It’s a stream of income earned without much effort. One single investment can bring you a steady flow of income and yield high returns over time.
So, if you’re interested in becoming a passive investor, it probably means you have other things to do, maybe a full-time job, or the management of other assets. Or you just want the money to work for you and not the other way around. So, again, it’s about mentality.
Be honest about it: do you want to actively do work and research and complete transactions, or you rather be passive and let your investment grow by itself?
If you are clear about being passive, I have some hints for you to follow!
...more
5min
August 19, 2021 #03 - David Frasz And All You Need To Know About Loans
Welcome to the third episode of 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 welcome David Frasz, an investment consultant and advisor. Today we will discuss all about loans, what different options are there, when to reach out to an investment consultant, and why you want to have a business plan in mind before jumping in. All this and much more, up next.
David Frasz, the investment consultant who does all of our finances and one of my advisors for anything that has to do with getting a loan in multifamilies. before I take a deal I always run it by David.
00:00 - Introducing David Frasz
01:08 - Getting into Real Estate and financing in commercial loans
03:54 - How we met: inspecting a property
05:47 - Getting into multifamily
07:33 - Financing during Covid: what's the new norm and what should investors expect?
10:34 - What advice would you give to an investor that is looking to finance his first deal in Fannie or Freddie?
12:47 - When you may need to get a property manager
14:46 - Financing nationwide
15:17 - When to reach out to an investment consultant
18:30 - Overcoming a challenging deal
21:34 - Solving problems: A story
25:00 - Lender vs Broker
33:40 - Debt service coverage
39:18 - The importance of securitized loans
42:37 - Looking at net rental income (NRI) vs other incomes
47:40 - Some interesting loan options
51:00 - A supplemental mortgage
53:19 - Hybrid balance loans
55:26 - David’s program
58:44 - Figuring out your business plan
01:02:10 - Where to find out more
...more
1h 5min
August 19, 2021 #02 - Adrian Acosta On Problematic Tenants, Evictions And Money Damages
Welcome to the second episode of The Real Estate Life Podcast, where we create a life of passive income through real estate and doing what we love. Today we welcome Adrian Acosta, an attorney specializing in evictions and family law, and counsel of SAR Apartment Capital. We will discuss what's going on with Covid and the CDC moratorium laws, as well as how to handle problematic tenants and money damages. All this and much more, up next.
01:10 - Introducing Adrian Acosta
03:23 - CDC moratorium on evictions: what landlords need to know
06:31 - The importance of filing early
08:20 - What to do about problematic tenants
11:28 - Going after money damages
12:56 - Wanting possession of the property back
14:03 - Terminating month-to-month tenancy
15:08 - Adrian’s most difficult eviction
19:23 - Why landlords financing deposits and moving cost to their tenants could a bad idea 20:50 - The biggest failures
22:56 - What to do about damages to the property
24:40 - Cash for keys
25:30 - Where to reach Adrian
26:10 - Corporations always need to be represented by counsel
...more
27min
August 19, 2021 #01 - Luis Becker - Achieving Financial Freedom Through Multifamily Housing
Welcome to the pilot episode of 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 Luis Becker, a full-time multifamily investor who came from Venezuela in 2015. Luis owns 200 apartments in Florida, 52 units in Miami and also has properties in Gainesville. Today Luis shares his experience in real estate, plus some great tips on how to achieve financial freedom through multifamily housing. All this and much more, up next.
00:40 - Introducing Luis Becker
01:25 - The first real estate experience: turning a warehouse into a medical facility in Venezuela
02:30 - Coming to the United States: first deals and getting loans
08:10 - The first investment: tha Gainsco deal
09:40 - The importance of networking and identifying good deal: a story
14:05 - Checking out the competition
15:45 - Developing land
17:50 - Refinancing with Fannie May to remodel and increase rent
19:25 - Turning land into a multifamily complex through a HUD Program 23:03 - Educating yourself
25:40 - Learning from the biggest mistakes: financing, being overenthusiastic and partners 31:40 - What does financial freedom mean to you?
33:10 - Reach out about the Gainesville deal
...more
35min
August 15, 2021 #13 - SPECIAL EPISODE: Multifamily Management Insider’s Secrets With Zipporah Hodge And Doron Rice
Today I’m presenting a very special episode of The Real Estate Life podcast. This time I traveled to Columbus, Ohio, to have a conversation with Zipporah Hodge, the Regional Director for Sundance Property Management, and who is in charge of one of our properties there.

We had a very candid interview with her, where she gave us a glimpse into what it’s like to manage this type of property, the challenges she and her team face on a daily basis, and what really happens behind the scenes.

As a special guest in this podcast, we also have Israeli architect, investor, and partner of mine Doron RIce, pushing the conversation forward with a diversity of questions around the COVID crisis, owner involvement, and much more.

Please check it out in the link below, and don’t forget to send me your impressions, opinions, and questions.
Bullet points
(01:40) What happens behind the scenes in a multifamily complex
(02:21) Introducing Zipporah Hodge and Doron Rice
(03:55) The challenges of the Ohio property and what needed to be addressed
(05:26) What does a property manager handle by themself?
(08:15) How much owner involvement should there be?
(10:09) Dealing with an unstable property
(11:16) Some piece of advice: Do some self-management first
(11:48) How to hire the right maintenance and office teams
(14:45) Dealing with complaints
(16:48) Some advice for owners: How to choose a property and a management company
(21:13) Leveraging your relationship with your management company
(23:30) Repairing vs fixing
...more
29min
August 09, 2021 Can You Become An Investor In Multifamily Syndication?
“You need to know the difference between two types of investors: there are accredited investors and there are sophisticated investors. Those are the ones allowed in a multifamily syndication”
I’d like to give you a short explanation of the characteristics and requirements of a person who is interested in becoming a multifamily investor.
There are a few things you need to know to join this world of multifamily investing. It is a little different from residential real estate. Multifamily syndication is becoming a big trend lately, thanks largely to its appeal to people interested in passive investment. If you want to preserve and create wealth with less involvement and effort, multifamily investment is a great way to achieve that.
Find out everything you need to know up next.
...more
4min
July 30, 2021 #12 - Jalal Abuimweis, The King Of Miami Real Estate
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 welcome Jalal Abuimweis, better known as The King Of Miami Real Estate. Jalal is a full-time real estate investor and an active wholesaler. After just three years of getting into real estate, at 28 years-old Jalal already has 51 doors under management.
In today's episode Jalal will share with us the story of how he became The King Of Real Estate, from moving from Jordan to America, to living in his car, working for Grant Cardone and failing the real estate exam seven times. All this and much more, up next.
Bullet points
(01:40) Introducing Jalal Abuimweis
(02:46) Jalal’s background: Moving to America from Amman, Jordan
(05:40) America is full of opportunities
(07:34) Abiel’s story: From Cuba to America
(09:34) Leaving the car business and meeting Grant Cardone
(14:50) Going to Miami and landing a job with Grant Cardone
(18:35) Getting fired and going into real estate
(22:15) Taking the real estate course and failing the state exam
(28:54) Becoming The King Of Real Estate
(35:00) To make it into real estate you have to go all-in
(36:58) The importance of looking put together
(38:16) Multifamilies
(39:43) The story behind the 38-unit deal
(45:19) Improving the units
(46:47) Coming up with creative strategies
(51:20) Miami Movers 3 on October 23rd with Elena Cardone and other speakers
...more
55min
July 26, 2021 How I Got My First Multifamily Deal (And The Lessons I Learned)
“I picked up a high-interest rate of 9% for that deal; I put 20% down on a $75,000 property - which is not much - my return after renting that property was actually quite high and after 6 months, after I had it stabilized, I decided to refinance and got to keep it for four years.”
Getting started on any new endeavor is never easy! Much more if you are investing money, and you are risking any losses. That is one of the main roadblocks for people interested in multifamily investing.

In order to illustrate how a successful multifamily acquisition can be done, I created a this new episode detailing my first multifamily deal.
...more
8min
July 17, 2021 #11 - Pauldine France On Why You Should Listen To The Locals Before Investing: Upcoming Trends In Miami
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 Pauldine France, Vice President of Strategic Investments at FIP Commercial. Pauldine specializes in streamlining the process of retail, hospitality brands and multifamilies in the US market via South Florida, Miami. She is a licenced agent who focuses on property repositioning, tenants outreach, site selection and pre-development planning in the specialties of multifamilies, hotel industry and land leasing.
Pauldine started NeoHabitus Consult, a real estate consultancy focused on developing and executing cost-effective plans for companies who want to invest in Florida. Today we will discuss the upcoming trends in Miami and why you should listen to the locals before investing in a new area. All this and much more, up next.
Bullet points
(02:05) Introducing Pauldine France
(02:40) Getting into real estate
(06:29) Starting a new venture during Covid: NeoHabitus, investing in South Florida
(12:48) What do I need to have before contacting NeoHabitus: Having a clear identity and knowing your budget
(16:10) Anticipating trends in Miami: Opa-locka
(21:23) Advice for investors on their perspective
(24:04) Why you should listen to the locals
(25:54) Where to find out more
(27:20) What does financial freedom mean to you?
...more
29min

FAQs about The Real Estate Life Podcast:

How many episodes does The Real Estate Life Podcast have?

The podcast currently has 79 episodes available.