Wealth Matters By Alpesh Parmar

Rob Beardsley oversees acquisitions and capital markets for Lone Star Capital and has acquired over $100M of multifamily real estate. He has evaluated thousands of opportunities using proprietary underwriting models and published the number one book on multifamily underwriting, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors.

(00:01-02:36) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, Robert Beardsley

- Rob shares something interesting about himself

(02:37-32:02) Real Estate Investing Journey and The Definitive Guide to Underwriting Multifamily

- Rob shares when and how he started to invest in real estate

- Why Rob chose real estate?

- Transitioning from technology to real estate

- Why Rob wrote the Definitive Guide to Underwriting Multifamily?

- How long it took Rob to finish the book?

- How many deals it took Rob to prepare the underwriting model?

- Why underwriting multifamily deal is important

- Underwriting Metrics

- Ideal occupancy metrics

- The things Rob look at exit test

- Terminal Cap Rate

- How can a passive investor undergo underwriting multifamily deals?

- Rob's closed deals this year

- Best Deal

- Worst Deal

- Eviction Moratorium

- The markets Rob are focused on

(32:03-32:20) Break

(32:31-32:35) Second Segment

- Welcoming listeners and guest back to the show

(32:36-36:24) Fire Round

- Will Rob change the business strategy after Coronavirus?

- Rob's favorite real estate, finance, or other related books

- Tool or website Rob recommends

- Rob's advice to beginner investors

- How does Robert give back?

- How can Wealth Matters Podcast listeners reach out to Rob?

(36:25-36:49) Closing Segment

Reach out to Rob by visiting robbeardsley.me

Raw land investing expert, Justin Sliva know exactly where new investors struggle. He's reached massive success in his own business, and today he's on a mission to help others learn to harness the enormous potential offered by land investments: incredible ROI, massive cash profits, and sustained passive income. After helping hundreds of other land investors find/sell amazing properties at unbelievable profits, Justin has collaborated with Adam Southey in creating powerful resources to support both new and seasoned land investors along their journey. They launched the Casual Fridays REI podcast and built a comprehensive online course that not only answered all the questions they had received from consulting clients but also incorporated the best of their own combined experience. Between investing, consulting, teaching, and partnering in the Land niche, Justin has really shown he puts his money where his mouth is when it comes to Land Investing. 

(00:01-03:00) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, Justin Sliva

- Justin shares something interesting about himself

(03:01-27:39) Real Estate Investing Journey and Coffee Money Investing

- Justin shares when and how he started real estate investing

- Why Justin chose real estate?

- What does Coffee Money Investing mean?

- Can you buy land using coffee money?

- Are there title insurance or recording fee, etc?

- States or other places where you can do coffee money investing

- What kind of properties does Justin look for?

- Are there "preferred states" for coffee money investing?

- Gotchas of land investing

- Justin's best deal

- Worst deal

(27:40-27:58) Break

(27:59-28:05) Second Segment

- Welcoming listeners and guest back to the show

(28:06-37:33) Fire Round

- Will Justin change the business strategy after Coronavirus?

- Justin's favorite real estate, finance, or other related books

- Tool or website Justin recommends

- Adam's advice to beginner investors

- How does Justin give back?

- How can Wealth Matters Podcast listeners reach out to Justin?

(37:34-37:58) Closing Segment

Reach out to Justin by visiting casualfridaysrei.com

Adam A. Adams, also known in the real estate community as Triple A, has educated thousands of investors through real estate conferences, radio & podcast interviews, his coaching program, and his thriving Meetup group. Adam hosts the Creative Real Estate Podcast, a podcast listened to around the world, with hundreds of thousands of downloads. His efforts to educate and inspire other investors have earned him the prestigious title "Master Investor” by Think Realty magazine and he is also a three-time Hall of Fame winner from RE Mentor for his successes in multifamily syndications. Meetup.com recognized him as one of the top 6 MeetUp organizers in the world (2018).

(00:01-03:14) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, Adam Adams

- Adam shares something interesting about himself

(03:15-35:35) Real Estate Investing Journey and Multifamily Lessons

- Adam shares why and how he got into real estate investing

- Adam also tells how he teach and introduce his kids to the business

- First multifamily deal

- Is Adam still doing Multifamily despite COVID19?

- Why Adam stop underwriting deals for now?

- The reason why Adam backed out of a certain deal

- Impact of rent collection because of COVID19

- What is Eviction Moratorium?

- Adam's best deal

- Adam's worst deal and the lesson he learned from it

- Importance of doing research in every deal

- Why Due Diligence is critical

(35:36-35:54) Break

(35:55-36:07) Second Segment

- Welcoming listeners and guest back to the show

(36:08-44:57) Fire Round

- Will Adam change the business strategy after Coronavirus?

- Adam's favorite real estate, finance, or other related books

- Tool or website Adam recommends

- Adam's advice to beginner investors

- How does Adam give back?

- How can Wealth Matters Podcast listeners reach out to Adam?

(44:58-45:23) Closing Segment

Reach out to Adam by visiting raisingmoneycoach.com and schedule an appointment with Adam. 

Antoine Martel is a 25-year-old real estate investor from Toronto, Canada. While still in college Antoine learned about real estate investing and knew it was his calling. From his dorm room,25-year-old he completed his first BRRRR project out of state with his father's $40,000. Since then Antoine and his family have completed over 200 real estate projects and currently have a $14M real estate portfolio. They have also helped create $50,000/mo of cash flow for their clients of MartelTurnkey.com.

(00:01-03:14) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, Antoine Martel

- Antoine shares something interesting about himself

(03:15-28:19) Real Estate Investing Journey and Flipping Houses

- First real estate deal

- Antoine shares how he started flipping houses

- Antoine's Marketing Strategy

- The business model that Antoine look at

- Sweet spot for the price and rent in both markets

- The price point for B and C class properties

- Reason why Antoine moved to B class properties and neighborhoods

- The kind of buyers Antoine sees

- Reason why Antoine doesn't flip in California

- Gotchas of flipping houses

- Importance of building the best real estate team

- Impact of COVID19 in flipping houses

- Best deal

- Worst deal

- The lesson Antoine learned from his worst deal

(28:20:-28:38) Break

(28:39-28:47) Second Segment

- Welcoming listeners and guest back to the show

(28:48-33:32) Fire Round

- Will Antoine change the business strategy after Coronavirus?

- Antoine's favorite real estate, finance, or other related books

- Tool or website Antoine recommends

- Antoine's advice to beginner investors

- How does Antoine give back?

- How can Wealth Matters Podcast listeners reach out to Antoine?

(33:33-33:57) Closing Segment

Reach out to Antoine via instagram @martelantoine.

David Chan is the Founding Team & COO of FarmTogether. He has over 5 years of experience in finance and technology across agribusiness. Prior to joining FarmTogether, David was a Senior Private Equity Associate at AMERRA Capital Management, an asset manager that specializes in ag investments. He previously worked at Prudential Agriculture Investments, Gro Intelligence, & Barclays Investment Bank. David holds an MBA from Harvard Business School and a BS in Atmospheric Sciences from Cornell University's College of Agriculture and Life Sciences.

(00:01-02:59) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, David Chan

- David shares something interesting about himself

(03:00-30:47) Real Estate Investing Journey and Farm Land Investing

- David tells why he chose to invest in farmland

- How does FarmTogether compare to other ways someone can invest in farmland?

- Least risky type of farmland opportunity

- How does farmland investing compared to traditional investing?

- How does farmland fit in with today's needs?

- Typical returns in farmland investing

- Risks and overall portfolio positioning of farmland in the market

- Is there insurance against natural calamities?

- Are there other risks involved in farmland investing?

- Has COVID19 impacted the farmland investing market?

- What makes farmland a stable investment during post-COVID19?

- Is farm landing a safe and stable investment?

- David's background and how he ended up in the farmland industry

(30:48-31:06) Break

(31:07-31:20) Second Segment

- Welcoming listeners and guest back to the show

(31:21-36:05) Fire Round

- Will David change the business strategy after Coronavirus?

- David's favorite real estate, finance, or other related books

- Tool or website David recommends

- David's advice to beginner investors

- How does David give back?

- How can Wealth Matters Podcast listeners reach out to David?

(36:06-36:29) Closing Segment

Reach out to David by visiting his website www.farmtogether.com or via email at [email protected]

Kris Benson is the chief investment officer for Reliant Investments, a subsidiary of Reliant Real Estate Management, and one of the top 25 commercial self-storage operators in the U.S. in 2019. Reliant has completed over $650,000,000 in self-storage acquisitions and dispositions in the past 5 years and recently completed Reliant Self-Storage Fund I, a $50,000,000 equity fund focused on self-storage acquisitions in the southeastern U.S. Kris is part of the investment committee at Reliant and helps to develop institutional quality self-storage investment opportunities for accredited investors.

Kris’s investing goals have always been about changing the paradigm of trading time for money in order to have time for more of the things we love to do. Likewise, investing in real estate has been Kris’s steadfast path to passive income and he is passionate about inspiring others to change their mindset around investing for their future.

Kris graduated from the State University of Binghamton and currently lives in Roswell, GA just outside of Atlanta, with his wife Jenn and two sons, Noah and Luke. He is an outdoor enthusiast with a passion for the ski mountain, the lake, and his mountain bike.

(00:01-04:59) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the guest of the show, Kris Benson

- Kris shares something interesting about himself

(05:00-29:12) The Journey to Real Estate Investing and Self-Storage Industry

- Kris tells why he chose to invest in real estate

- The path Kris started in real estate

- How and why Kris moved to self-storage investing

- Why Self-storage is better than single-family homes

- Difference between self-storage from residential homes and commercial offices

- How does U-hauling works?

- What are the things a person can upsell?

- Any truck requirements?

- How is self-storage performing amidst Covid19?

- Rental rates in the SouthEast market

- Kris' best deal

- Any worst deal Kris has experienced?

- Risk in self-storage

(29:13-29:30) Break

(29:31-29:39) Second Segment

- Welcoming listeners and guest back to the show

(29:40-39:40) Fire Round

- Will Kris change his business strategy after Coronavirus?

- Favorite real estate, finance, or other related books

- Tool or website Kris recommends

- Kris' advice to beginner investors

- How does Kris give back?

- How can Wealth Matters Podcast listeners reach out to Kris?

(39:41-39:57) Closing Segment

Reach out to Kris by visiting his website https://www.krisbenson.com/

Alpesh Parmar is an entrepreneur, real estate investor, business owner, author, mentor, and podcast host who is passionate about wealth, life, and health. Alpesh is the host of the real asset investing Podcast – “Wealth Matters”. Alpesh is also co-author of Amazon # 1 Bestselling book – Resilience: Turning Your Setback into a Comeback. He has invested in the USA, Belize, Panama, Paraguay, and India. He owns and manages a portfolio of duplexes and small to medium-sized apartment buildings in Birmingham, Atlanta, and Dallas markets. In this podcast, he will discuss different types of retirement plans in the US.

In 2018, Alpesh Parmar decided to share his story with others by co-authoring a book with other well-respected authors and industry leaders. This book “Resilience – Turning your Setback into a comeback” hit Amazon # 1 best seller in multiple categories.

(00:01-01:08) Opening Segment

- Introduction of the host into the show

- Alpesh introduces the 100th episode and the goal of the podcast

(01:09-39:38) Wealth Matters Podcast Journey and Update on Investments and Strategies

- Wealth Matters Podcast Story

- Wealth Matters Podcast's first episode

- How Alpesh learned about real estate

- Alpesh's first real estate deal

- What is Traditional Financing?

- What did Alpesh do when he lost his first property?

- Update on Investments and Strategies

- Alpesh's recently closed deal

- Wealth Matter's first mobile home park deal

- Alpesh's first syndication

- How to look for a syndication deal

- What is diversification

- Investing in Cryptocurrency

- How to build multiple streams of income

- Difference between active and passive investing

- What is the best for private money lending

- Leverage of using self-directed IRA to invest in real estate

- What is velocity?

- Pros and Cons of Life Insurance Policies

(39:41-39:57) Closing Segment

Bob Fraser is on a mission to help investors take advantage of one of the most effective and overlooked avenues of real estate investing: residential mortgage notes. As Founder and Principal of Aspen Funds, Bob has purchased more than 1,000 mortgage notes earning double-digit annual returns without the risk and volatility of traditional investing options.

Bob has personal experience with the unpredictable nature of public markets. In the 90's, he launched a tech company, raised $44 million in venture capital, and grew it to over 300 employees. Then the tech bubble burst and he transitioned to finance and investing, becoming CFO for several organizations and running a hedge fund. In 2012, he met business partner Jim Maffuccio, and the two found an alternative way to invest in real estate without the volatility of traditional options. By purchasing discounted residential real estate notes in the American heartland they discovered a high yield, liquid, asset-secured investment that produced consistently superior returns without all the risk. Better yet? They could work with homeowners to help them stay in their homes. Everyone wins.

With Aspen Funds, Bob uses his 20-plus years of experience in finance to oversee the company’s mortgage note portfolios. A Magna Cum Laude graduate in computer science from U.C. Berkeley and former Ernst & Young Entrepreneur of the Year Award-winner, Bob often makes bold, contrarian predictions about the economy and technology, most of which have already come true.

(00:01-02:00) Opening Segment

- Introduction of the guest, Bob Fraser into the show

- Bob shares something interesting about himself

(02:01-35:24) The Journey to Real Estate Investing 

- Bob tells how and when he started to invest in real estate

- He also shares how he transitions from tech to hedgefund

- Importance of understanding timing

- Why understanding the macro-economic picture is crucial

- Bob's Economy Newsletter

- What is a "Lienlord"?

- Bob shares how he started buying notes

- How to buy notes in bulk?

- What will happen if the property forecloses?

- "Be financially savvy"

- How pricing varies in state

- What are the criteria Bob looks for in buying real estate?

- Best Deal

- Worst Deal and the lesson Bob learned from it

- Does Bob focus on a certain asset type?

- How to take advantage of inflation

(35:25-35:44) BREAK

(35:45-36:00) Second Segment

- Welcoming listeners back and re-introducing podcast guest, Bob

(36:01-38:29) Fire Round

- Will Bob change his business strategy after Coronavirus?

- Favorite real estate finance or and personal development related book?

- Website or tools that Bob recommends

- Bob's advice to beginner investors

- How does Bob give back?

- How can Wealth Matters Podcast listeners reach out to Bob?

(38:40-38:53) Closing Segment

Reach out to Bob by visiting his website https://aspenfunds.us/

Dmitriy Fomichenko is the founder and president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control.  He began his career in financial planning and real estate investing in 2000. He owns multiple investment properties in various states and is a licensed California Real Estate Broker. Over the years, he has taught hundreds of investment and financial planning seminars and has mentored thousands of investors.

(00:01-04:46) Opening Segment

- Introduction of the guest, Dmitriy Fomichenko into the show

- Dmitriy shares something interesting about himself

(04:47-30:27) The Journey to Real Estate Investing and Using Self-Directed IRA to Invest in Real Estate

- Dmitriy tells how and when he started to invest in real estate

- Benefits of investing out of state

- Dmitriy shares where he invests and the asset class he invests in

- Advantages of investing in private money lending

- How to value the asset, market, and team?

- Worst Deal Dmitriy had

- Best Deal Dmitriy had 

- Biggest lesson Dmitriy learned from investing in the various asset class

- Dmitriy's recommendation for people who cannot do solo 401K? Is Self-Directed IRA better?

- Difference between Solo 401K and Self-directed IRA

- Why use a self-directed IRA to invest in real estate?

(30:28-30:53) BREAK

(30:54-30:59) Second Segment

- Welcoming listeners back and re-introducing podcast guest, Dmitriy

(31:00-34:55) Fire Round

- Will Dmitriy change his business strategy after Coronavirus?

- Favorite real estate finance or and personal development related book?

- Website or tools that Dmitriy recommends

- How does Dmitriy give back?

- How can Wealth Matters Podcast listeners reach out to Dmitriy?

(33:56-34:19) Closing Segment

Reach out to Dmitriy by visiting his website www.sensefinancial.com

Krishan Singh is the CEO of Grow Rich Capital. He is a Microsoft Certified System Engineer turned a successful entrepreneur and multi-business owner. Krishan owns multiple Gas stations and convenience stores, a Laundromat, and 40 SFRs in Northeast Indiana. In addition, he has investments in around 2764 units as LP/GP, Multifamily syndicated deals at various locations in the US. He also owns various agricultural, commercial, and residential properties in India. Krishan has 10+ years in India, 19+ years of business experience in the USA, and always seeking expansion opportunities. He was always interested in new investment opportunities, networking, and partnering with like-minded entrepreneurs.

Krishan came to the U.S. to pursue the American Dream and work full time as an engineer for Microsoft. Unfortunately, he lost his job. Luckily, he found a great business in the gas station niche. Kay Kay grew that portfolio to 15 gas stations before being approached to buy a 33 unit portfolio of single-family homes.

(00:01-02:49) Opening Segment

- Introduction of the guest, Krishan Singh into the show

- Krishan shares something interesting about himself

(02:50-27:31) The Journey to Real Estate Investing and Gas Station Profits

- Krishan tells how and why he chose to invest in real estate

- First real estate deal

- Krishan shares how the first deal worked out for him

- Krishan also tells why he chose to invest in a gas station

- Difference of gas station from real estate and other investment types

- How to own a gas station?

- Krishan shares how the ownership of the real estate of the gas station works

- How long can you lease a gas station?

- Krishan tells how he operates and overlook his gas stations

- Due diligence in a gas station

- How does negotiation works on gas stations?

- Does the gas station need financing?

- Best Gas Station Deal

- Worst Gas Station Deal

- Krishan tells where he thinks the gas station is going

- What's next for Krishan Singh?

(27:32-27:50) BREAK

(27:51-28:06) Second Segment

- Welcoming listeners back and re-introducing podcast guest, Krishan

(28:07-37:04) Fire Round

- Will Krishan change his business strategy after Coronavirus?

- Favorite real estate finance or and personal development related book?

- Website or tools that Krishan recommends

- Krishan's advice for the beginner investors

- How does Krishan give back?

- How can Wealth Matters Podcast listeners reach out to Krishan?

(37:05-37:27) Closing Segment

Reach out to Krishan via email [email protected] or by visiting his website: www.growrichcapital.com