Sign up to save your podcasts
Or
Share True Multifamily
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
True Multifamily episodes
- E47: Yonah Weiss - He shares the benefits of a real world cost seg report!Episode SummaryYonah Weiss of the Weiss Advice podcast visits True Multifamily to talk about cost segregation and its amazing benefits. He breaks down how to have more tax benefits in 2020 by doing cost segregation, supercharging the depreciation and accelerating how quickly you can take the tax deductions while not creating new deductions.Also, he talks about bonus depreciation and how it allows you to take all the accelerated depreciation upfront the first year. Yonah also reveals what happens at the end of cost segregation.Follow, Share & Subscribe!True Multifamily:WebsiteFacebookInstagramYouTubeConnect with Yonah Weiss:WebsitePodcastLinkedIn34 min
- E46: Justin Fraser - He loves when tenants skip out on rent!
On this episode, Justin Fraser of True Multifamily reveals how he loves tenant skips and the advantages it brings to the property. He explains what a tenant skip is and how he encourages it to target undesirable tenants. Also, he shares great tips on how to promote tenant skips on your property.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:
Facebook
Twitter
Instagram
LinkedIn
13 min - E45: Jerome Myers - His occupancy dropped from 100% to 0 and climbed back again on his first multifamily deal!
This supersized episode features Jerome Myers of the Multifamily Missteps podcast. Jerome tells True Multifamily the truth about his first deal and how he worked through zero cashflow on a million-dollar asset. Jerome discusses what went wrong, how they needed to evict their tenants because they weren't paying rents, how to deal with people moving out because of expired leases, and how he worked with the $30K surprise of a broken sewer pipe.
As Jerome talks about the many challenges on his 23-unit property, he also shares his realizations about the importance of goal setting, shared perspectives, and aligned investment thesis for strong and successful partnerships.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:
Facebook
Twitter
Instagram
LinkedIn
Connect with Jerome Myers:
Website
Facebook
Instagram
LinkedIn
38 min - E44: Spotlight Series - Justin Fraser - Business Planning a 336-unit apartment complex!
On this second episode on Justin Fraser's Spotlight Series, he breaks down his business plan on his recently closed 336-unit apartment complex in Winston-Salem.
Justin also emphasizes how critical a business plan is, sharing to True Multifamily how to write it and what goes into a proper business plan whether your goal is to add value or renovate.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:
Facebook
Twitter
Instagram
LinkedIn
22 min - E43: Sandhya Seshadri - She invested as an LP to learn how to be an effective GP!
On this episode, Sandhya Seshadri of Multifamily4You joins True Multifamily to talk about her first deal that she acquired fourteen months ago and the reality of learning so much being boots on the ground. She talks about the challenges in implementing the business plan even when faced with multiple delays on the schedule.
Sandhya also shares how investing passively is an excellent way to learn the business without taking all the risks yourself, knowing what she likes and dislikes about different ways about running a property.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:
Facebook
Twitter
Instagram
LinkedIn
Follow Sandhya Seshadri:
Website
Facebook
LinkedIn
34 min - E42: Jonathan Bombaci - He bought and sold a multifamily portfolio for massive profit during COVID-19!
Back for part two is Jonathan Bombaci of Candor Realty. This time, he shares how he purchased a multifamily portfolio off the MLS for $1,890,000, appraised it at $2,356,000, and sold it off for $2,575,099 in just less than six months during the coronavirus pandemic.
Jonathan shares how they bought the multifamily portfolio with bank financing and how it was cashflow positive monthly. He also breaks down the FHA rule and shares a few tips to keep in mind on working with his strategy.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:
Facebook
Twitter
Instagram
LinkedIn
Follow Jonathan Bombaci:
Website
Facebook
Instagram
LinkedIn
BiggerPockets
28 min - E41: Jonathan Bombaci - He paid off all his debts by renting out his first triplex!
On this episode, Jonathan Bombaci of Candor Realty joins True Multifamily to share how he bought his first triplex, eventually renting it out to pay off his car, student loans, and other debt after college. This started when his grandmother told him to buy a property to rent out.
Also, Jonathan shares the first few lessons he learned as a first-time landlord. He shares how it's not wise to be friends with your tenants, sharing a tough story on how he learned that lesson the really hard way.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:
Facebook
Twitter
Instagram
LinkedIn
Follow Jonathan Bombaci:
Website
Facebook
Instagram
LinkedIn
BiggerPockets
18 min - E40: Shawn DiMartile - He went from zero to 32 units on his very first deal!
Shawn DiMartile of The Multifamily Takeoff podcast joins True Multifamily to relive his tough experience about running out of capital on his first deal. He tells us his story of going from 0 to 32 units on his first deal and how his team had to borrow more money after the close.
As Shawn tells us what went wrong on his first deal, he also shares what he learned from it. From replacing sewer pipes and inspecting air-conditioners to reformulating a new strategy that works well on his next deals.
Follow, Share & Subscribe!
True Multifamily:
Website
Facebook
Instagram
YouTube
Justin Fraser's Social Media:Facebook
Twitter
Instagram
LinkedIn
The Multifamily Takeoff:
Website
Instagram
Shawn DiMartile's Social Media:
Instagram
LinkedIn
BiggerPockets
33 min - E39: Josh Cantwell - His neighbors saved this deal!
On today's quick episode, Josh Cantwell of Freeland Ventures and the Accelerated Investor Podcast comes back to talk about how the neighbors of his complex saved the deal! He emphasizes that no matter how small or big your deal is, it matters that you talk to the neighbors about it.
Josh shares how this specific deal in a wonderful neighborhood showed a lot of unexpected activity on a Tuesday. He took his chance and asked a neighbor who lived in the community for 25 years to know more about the property. The neighbor is excited that new management is coming in to save the building, and Josh realizes that the building has huge potential to be rebranded into a B-Class Tenant Base.Reference Links:
Freeland Ventures
Accelerated Investor Podcast
Social Media:
Facebook
Twitter
Instagram
YouTube
17 min - E38: Jens Nielsen - He found a partner and 10x'ed his portfolio on his next deal!
Today's episode features Jens Nielsen, Principal of Open Doors Capital. Jens talks to Justin about getting the bug for real estate and going for it by finding his 4-unit and his 11-unit.
As Jens scales up after his 11-unit, he finds a good management company to focus on his own niche. Along the way, he figures out the process of making the best out of his closing, creating structures that work for his deals while also figuring out how to transfer old skills to real estate. Jens goes over going beyond your own means by the connecting correctly with investors as well as not neglecting to add value whenever you can.
Reference Link:
Open Doors Capital
Social Media:
Facebook
LinkedIn
31 min
About True Multifamily
From the publisher's feed
Real Stories of Asset Management