Two Smart Assets

Good relationships with partners greatly impact the success of any business or project.

Dave Codrea is co-founder of Greenleaf, an Atlanta-based real estate investment firm. From the beginning, Dave built Greenleaf to provide quality affordable housing that offers unique compassion and partnership with residents. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US. The growing portfolio currently includes Apartments, Mobile Homes, and Commercial properties. Our investment, management, and construction platforms work in sync providing top-level customer experience, impressive investment returns, and a culture of innovation and goal setting.

In this episode, Dave will talk about managing different asset classes, the importance of being well-informed about the area, and ways it can assist in real estate. Furthermore, he will discuss the risks in commercial real estate and how to identify them.

HIGHLIGHTS FROM THE EPISODE

1. Dave’s journey into real estate 00:00 - 2:08

2. Focus of the company 2:08 - 4:02

3. Managing different asset classes 4:02 - 6:42

4. Rent growth 6:42 - 8:49

5. Importance of locality knowledge 8:49 - 10:56

6. Biggest risk in commercial real estate 10:56 - 12:47

7. Risk recognition 12:47 - 16:36

8. Strategy for businesses 16:36 - 19:00

9. Tip for LP investors 19:00 - 22:12

10. Goals for 2023 22:12 - 24:01

11. Ways to contact Dave 24:01 - 24:58

CONNECT WITH THE GUEST

LinkedIn- https://www.linkedin.com/in/davidcodrea/

Website- https://www.gogreenleafmanagement.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

-----------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

Tax planning is an integral part of financial planning, which is essential to the success of a business.

Natalie Kolodij is an IRS Enrolled Agent who working exclusively with Real Estate Investors for almost a decade. An active real estate investor and FIRE enthusiast, she understands the need to pay as little tax as legally possible while ensuring you continue to qualify for the financing you need to grow.

In this episode, Natalie will share the benefits of using tax strategies, discuss questions for real estate investors, and advise real estate investors and bookkeeping guidance. Furthermore, she will provide details on short-term rentals and how the “lazy 1031” can benefit passive investors.

HIGHLIGHTS FROM THE EPISODE

1. Natalie’s journey into real estate 00:00 - 3:01

2. Seeking tax guidance 3:01 - 4:59

3. Questions for real estate investors 4:59 - 7:08

4. Advice for real estate investors 7:08 - 9:40

5. Recommendations for bookkeeping 9:40 - 11:31

6. Key points of short-term rentals 11:31 - 16:16

7. CPA and tax strategies 16:16 - 19:40

8. Definition of 1031 19:40 - 24:02

9. Ways to contact Natalie 24:02 - 25:30

CONNECT WITH THE GUEST

LinkedIn- https://www.linkedin.com/in/nkolodij/

Website- kolotax.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

-----------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

Investing in short-term rentals can help diversify your investment portfolio.

Leslie Ann Morris began her investment journey in Smokey Mountain while earning an MBA from the University of Southern California and working as a commercial banker in Los Angeles. For over twenty years, Leslie has helped high-profile clients like SpaceX and negotiated a $50 million private-equity deal. She applies the same underwriting strategy to building her growing real estate portfolio. In addition, she is sharing her playbook to encourage others to do the same, creating passive income from short-term rentals.

From the moment she closed her first investment cabin in 2019, she knew she had made the right choice. The cash flow allowed her to quickly grow her portfolio to double digits and a value of $7 million in less than three years. In addition, Leslie fell in love with Tennessee and moved there in 2020. She quickly founded two sister companies: a real estate acquisition company, Invest in the Smoky Mountains, and Josh's Cabins Management, a full-service property management company. Her one-stop store allows out-of-state investors to create passive income by offering concierge-style services to guests without the hassle of self-management.

In this episode, Leslie will talk about her journey into real estate, the benefits of short-term rentals, and how to deal with possible downturns. Likewise, she'll share tips for those planning to start investing in real estate and talk about her plans for 2023.

HIGHLIGHTS FROM THE EPISODE

1. Leslie’s journey into real estate 00:00 - 3:50

2. Short-term rental market 3:50 - 8:21

3. Smoky Mountain property 8:21 - 11:43

4. Market expectations for the next year 11:43 - 14:58

5. Navigating a potential downturn 14:58 - 18:18

6. Short-term rental investor options 18:18 - 21:15

7. Tips for potential investors 21:15 - 23:38

8. Business focus for 2023 23:38 - 25:02

9. Ways to contact Leslie 25:02 - 26:06

CONNECT WITH THE GUEST

LinkedIn- https://www.linkedin.com/in/leslieannemorris

Website- https://leslieannemorris.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

-----------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

Having time freedom is essential for achieving a healthy work-life balance, pursuing personal growth and development, and living a meaningful life.

David McIlwaine is the owner of Colorado Realty Experts, managing a residential real estate brokerage business serving the southern Denver metropolitan area. His portfolio currently includes properties in the Southeast and Midwest. David's real estate industry experience spans over 20 years, and all of the knowledge and insights he possesses come from first-hand sources.

In this episode, David will share his own long journey in real estate that has led him to time freedom. In addition, he'll give an overview of the benefits of rebuying.

HIGHLIGHTS FROM THE EPISODE

1. David’s journey into real estate 00:00 - 9:17

2. The way to freedom 9:17 - 12:45

3. Mistakes of high earning people 12:45 - 19:41

4. Useful tools for professionals 19:41 - 25:52

5. Ways to contact David 25:52 - 27:08

CONNECT WITH THE GUEST

LinkedIn- https://www.linkedin.com/in/david-mcilwaine/

Website- https://www.macassets.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

--------------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

Like any other job, working in real estate requires a lot of knowledge to guide you through the process.

Stewart Heath is the CEO of Harvard Grace Capital. He is also an entrepreneur with more than 30 years of experience. Stewart's mission is to the partnership with professionals who want to generate passive income through real estate investing.

In this episode, Stewart will share his business experience during the challenging crisis of 2008 and the lessons he learned from that time. Furthermore, he will discuss what inspired him to start his company and its focus.

HIGHLIGHTS FROM THE EPISODE

1. Stewart’s journey into real estate 00:00 - 5:46

2. Portfolio in times of crisis 5:46 - 8:40

3. Lessons from the crisis 8:40 - 12:40

4. Current situation vs. the 2008 crisis 12:40 - 16:26

5. Reasons for founding the firm 16:26 - 19:42

6. Tennessee Valley 19:42 - 23:53

7. Company focus for 2023 23:53 - 24:54

8. Ways to contact Stewart 24:54 - 25:50

CONNECT WITH THE GUEST

LinkedIn- https://www.linkedin.com/in/stewartoheath/

Website- https://www.harvardgrace.com/

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

--------------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

Many people choose to invest in real estate as a way to build wealth and generate passive income through rental properties.

Caleb Johnson has been an entrepreneur since the age of 18. He founded Red Sea Capital Group in 2022. In 2021, Caleb joined NK Development Group, where he helped raise capital and acquire properties. This has allowed the company to grow to over 450 units in 2 years. Caleb's mission is to be a faith-based professional, committed to investors and relationship building.

In this episode, Caleb shares his story of getting into entrepreneurship at a young age. He will discuss his goals and accomplishments, including his company, founded in 2022, and its current and future activities.

HIGHLIGHTS FROM THE EPISODE

1. Caleb’s Journey into real estate 00:00 - 3:40

2. Acquisition of real estate 3:40 - 8:44

3. Switching to a different path 8:44 - 11:14

4. Red Sea Capital Group's future strategy 11:14 - 14:10

5. The future of value-added strategies 14:10 - 16:32

6. Level of deal flow 16:32 - 18:38

7. Deal strategy 18:38 - 20:58

8. Company goals for 2023 20:58 - 23:48

9. Ways to contact Caleb 23:48 - 24:47

CONNECT WITH THE GUEST

LinkedIn- https://www.linkedin.com/in/caleb-johnson-7b7300205/

Website- https://redseacapitalgroup.com/due-diligence/

https://redseacapitalgroup.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

--------------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

In this Off The Beaten Path Episode, Caleb Johnson shares tips and resources for investors and entrepreneurs looking for success.

Want to learn more about passive income?

Check out our FREE GUIDE - The Passive Investor's Handbook

Click here to access: https://upstreaminvestor.com/

Investing is crucial to increasing your wealth and achieving your goals, one of which is financial freedom.

Jared Asch is the founder and managing partner of Capstone Government Affairs, a full-service consulting firm with a nationwide reach. He is a recognized leader in his field and specializes in building partnerships and guiding his clients through state and local governments' complex procurement, legislative and regulatory processes. Jared's clients work in a wide variety of industries. His specialty is opening doors and closing deals.

In this episode, Jared shares essential information on how to find investors and build long-term relationships with them. In addition, we'll go over how to determine if an investor is right for you.

HIGHLIGHTS FROM THE EPISODE

1. Jared’s Journey into real estate 00:00 - 2:55

2. Connection building skills 2:55 - 4:08

3. What to focus on in a conversation with an investor 4:08 - 6:18

4. Unsuitable investor 6:18 - 10:15

5. Experience of providing capital preservation 10:15 - 12:21

6. Follow-up process with investors 12:21 - 15:50

7. How to build and keep long-term relationships 15:50 - 17:55

8. Concerns about the market 17:55 - 20:35

9. Advice for passive real estate investors 20:35 - 22:10

10. Crown Capital's plans for 2023 22:10 - 23:17

CONNECT WITH THE GUEST

LinkedIn- linkedin.com/in/jaredasch

Website- https://www.capstonegov.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

--------------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!

In this Off The Beaten Path Episode, Jared Asch shares tips and resources for investors and entrepreneurs looking for success.

Want to learn more about passive income?

Check out our FREE GUIDE - The Passive Investor's Handbook

Click here to access: https://upstreaminvestor.com/

Have you ever thought about starting your own real estate business? If you love helping others and want to help make a difference in the lives of others, consider Assisted Living Facilities.

Loe Hornbuckle is the CEO and founder of Sage Oak Assisted Living and Memory Care. Sage Oak was founded in 2015. It is a "boutique senior care company" with 5 locations in Dallas and 40 beds. The company provides a comfortable environment where seniors can feel at home and receive the care and dignity they deserve. Sage Oak also has two new 300-bed boutique projects in Texas and Louisiana with an estimated value of $45 million.

In this episode, Loe will share her experience in Assisted Living, what the business of Assisted Living is based on, and what services are available. He will also reveal the secrets of his company's success and its ideology.

HIGHLIGHTS FROM THE EPISODE

1. Loe’s Journey into real estate 00:00 - 2:50

2. Start of real estate activities 2:50 - 4:40

3. How Loe became involved in assisted living 4:40 - 9:35

4. How to be successful in assisted living 9:35 - 16:35

5. Customer-focused service business 16:35 - 19:30

6. How it looks to provide assisted living 19:30 - 23:18

7. The company's strategy for 2023 23:18 - 26:30

8. Ways to learn more about the company and product 26:30 - 33:40

CONNECT WITH THE GUEST

LinkedIn- linkedin.com/in/loe-hornbuckle-76b6aba

Website- https://loehornbuckle.com

CONNECT WITH THE HOST

Website- https://upstreaminvestor.com/

Facebook- https://www.facebook.com/TwoSmartAssets/

Instagram- https://www.instagram.com/upstreaminvestor/

Twitter- https://twitter.com/twosmartassets

LinkedIn- https://www.linkedin.com/company/two-smart-assets/

--------------------------------------------------------------------------------------------------------------------------

Listen, like, subscribe, and comment!