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Colby Bowers is a full-time real estate investor and founder of Sentinel Equity Group LLC. He also served 23 years of distinguished military service as a senior executive, managing facilities and projects in multiple states, multi-million-dollar budgets, contracts, and hundreds of enlisted Air Force Members. He has been investing in real estate since 2001 and has managed to work with numerous general contractors and sub-contractors to complete numerous residential and commercial size properties in multiple states. Colby transitioned his military skills and leadership over to commercial real estate investing full-time in 2017. Since then, he has acquired 1,700 rental units, expanded his company into six states, managed three major remodeling projects, and gone full cycle (purchase to sale) on another three properties. Colby has a passion for helping people find safe and secure homes by providing a high level of care and support in the communities he serves.

[00:01 - 02:00] Opening Segment

• We welcome, Colby Bowers!
• Investing in real estate while still on active duty

[02:01 - 23:14] Overcoming Limiting Beliefs And Finding Success 

• Building a network and having a rapport with someone knowledgeable
• Limiting beliefs can be overcome by taking on a smaller deal first
• Generating investors and partners through passion
• Create affordable housing by investing in mobile home parks

[23:15 - 30:29] THE FINAL FOUR

• What's the worst job that you ever had?
  • Cleaning bathrooms and stalls
• What's a book you've read that has given you a paradigm shift?
  • “Traction” by Gino Wickman
• What is a skill or talent that you would like to learn?
  • He wants to learn the Korean language
• What does success mean to you?
  • Colby Bowers says, “Success to me is leaving a legacy.”

Connect with Colby Bowers:

Website: Sentinel Equity Group

Instagram: Colby Bowers

LEAVE A 5-STAR REVIEW by clicking this link.

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Tweetable Quotes:

“My end all be all is I don't need money. Yes, I like it. My wife loves it, but it's what can I do with that money? And so, I turn my “Why” into giving back.” – Colby Bowers

“Success to me is basically leaving a legacy of I to want something, not that I'm not just proud of, but my son and his grandkids would be proud of or what we're doing.” – Colby Bowers

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Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and a partner in $700MM+ in real estate, including over 6300+ residential units (MF, MHP, SFR, and assisted living) and more than 1400+ self-storage units across 8 states, and has experience flipping over $4.0MM in residential real estate.

[00:01 - 02:55] Opening Segment

• We welcome, Whitney Elkins-Hutten!
• She started as an accidental landlord in 2002 and eventually created a passive income

[02:56 - 23:22] Challenging The Status Quo By Investing In Real Estate

• Her role is to educate investors on creating passive income and scaling their time to achieve five freedoms in life
• Investing passively allows investors to access a market or strategy
• Teams investing in teams is essential for scaling businesses
• She discusses the five freedoms:
  • Financial freedom
  • Freedom of choice
  • Freedom of location independence
  • Freedom of time
  • Freedom of impact
• Purpose and goals are important when aiming for passive income goals
• Financial education is a public health issue and can help people to create an impact on the world

[23:23 - 31:21] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working at a flower shop
• What's a book you've read that has given you a paradigm shift?
  • “The Cashflow Quadrant” by Rover Kiyosaki
• What is a skill or talent that you would like to learn?
  • Learn how to cook better
• What does success mean to you?
  • Whitney Elkins-Hutten says, “Success is understanding what it takes for me to feel fulfilled.”

Connect with Whitney Elkins-Hutten:

LinkedIn: Whitney Elkins-Hutten

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“It really takes that second-generation removed to be able to go, wait for a second, that's not right. Why does it have to be that way? We are the ones to now really challenge the status quo.” – Whitney Elkins-Hutten

“Success is understanding what it takes for me to feel fulfilled.” – Whitney Elkins-Hutten

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Yoel Kelman is co-founder and Principal at Three Pillar Communities, a top 40 manufactured housing operator. Yoel grew up working on his grandfather's affordable housing rental units in Baltimore, MD, and for a long time never thought he'd go into real estate. Yoel studied accounting in college and got his CPA while working as a private equity financial consultant. Yoel got his MBA at MIT. During school, he launched a tech startup with a classmate called Ecovent. They sold the company in 2016. Yoel then partnered with his brother-in-law and business partner, Daniel Weisfield to start Three Pillar Communities in 2017. Over the past five years, they've built a >$350M portfolio of over 40 properties serving over 10,000 residents across 9 states.

[00:01 - 02:55] Opening Segment

• We welcome, Yoel Kelman!
• Coming from a mobile home park background

[02:56 - 25:04] Manufacturing Housing Communities Brings Affordability To High-Cost Areas

• Aligning your values with your business goals
• Buying mobile home parks in police and sheriff’s auctions
• Making adifference in the lives of their tenants
• Difficulties of evicting tenants who are not able to pay rent
• Buying a property and renovating a property to provide affordable housing

[25:05 - 32:58] THE FINAL FOUR

• What's the worst job that you ever had?
  • No jobs as an intern
• What's a book you've read that has given you a paradigm shift?
  • “Leadership and Self-deception” by Arbinger Institute
  • “The Longevity Book”
  • “How To Talk So Kids Will Listen & Listen So Kids Will Talk”
• What is a skill or talent that you would like to learn? 
• What does success mean to you?
  • Yoel Kelman says, “I'm proud of what I've achieved and I think that is a good metric for success.”

Connect with Yoel Kelman:

LinkedIn: Yoel Kelman

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“We don't want to be the people who buy properties and crank rents the next day because we can. That's why manufactured housing has the reputation it does.” – Yoel Kelman

“If you're happy with where you're at, it doesn't mean you have to stop.” – Yoel Kelman

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Madhu Ramaswamy, M.D. has grown his expertise in multifamily assets by working alongside leading real estate investment advisors over the past five years. He is a partner in a diverse portfolio of multifamily assets in several states and is committed to supporting the communities he invests in. Along with his continued success within the multifamily investment industry, he continues to serve his community as a passionate critical care physician. He is the Director of an Intensive Care Unit in the Washington, D.C. metro and demonstrated leadership by spearheading the COVID-19 response for his hospital. Dr. Ramaswamy brings his expertise in data-driven decision-making and deep analytical skills to his work in multifamily investments.

[00:01 - 01:37] Opening Segment

• We welcome, Madhu Ramaswamy, M.D.!
• Majority of physicians are not taught about financial literacy

[01:38 - 17:45] Have A Well-Thought-Out Investment Criterion Is Key

• Addressing financial illiteracy by providing educational materials and mentorship
• The goal is for physicians to be able to fully own their investments with Falcon LLC
• Smaller investors can get involved in real estate syndication deals by partnering with larger entities

[17:46 - 28:37] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working as a teaching assistant
• What's a book you've read that has given you a paradigm shift?
  • “Atomic Habits” by James Clear
• What is a skill or talent that you would like to learn?
  • Learn how to ski
• What does success mean to you?
  • Madhu says, “My goal is always to try a little bit to get underneath the surface of the country to learn about the people. I've always been very curious about people and their cultures.”

Connect with Madhu Ramaswamy, M.D.:

Website: Falcon LLC

LinkedIn: Madhu Ramaswamy, M.D.

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“We recognize that by working with people who we look up to, who have built-in good practices, who have built in the organizational structure, and who we trust to do the due diligence. There's always something for us to learn from them.” – Madhu Ramaswamy, M.D.

“The key is to have very solid well thought investment criteria. We're not in a rush to bring opportunities to our investors.” – Madhu Ramaswamy, M.D.

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Michael Chang is the Co-Founder and Partner at TrustBNB Vacation Rentals. Based in New York, we own and operate a portfolio of short-term rentals in Philadelphia, PA, and the Smoky Mountains, TN. 

Previously, Michael spent over a decade advising leading technology companies, private equity firms, family offices, and venture capitalists as an investment banker. He has advised and executed over $40 Billion in transaction value across 50+ deals.

[00:01 - 01:58] Opening Segment

• We welcome, Michael Chang!
• Michael shares his story of starting out in investment banking and then transitioning into the short-term rental business 

[01:59 - 18:48] Staying On Track By Having Goals And Milestones

• Entering into long-term leases with landlords and then buying properties in traditional vacation rental markets
• Rental arbitrage is easier to run when partnering with owners of large multi-family buildings
• Your net becomes gross, which makes it much easier to pay taxes
• Real estate is designed to defer taxes
• Working from anywhere with a team of remote employees
• Being able to recruit, train, and retain a motivated team
• Market saturation and the COVID-bump

[18:49 - 28:44] THE FINAL FOUR

• What's the worst job that you ever had?
  • Digging irrigation ditches on campus
• What's a book you've read that has given you a paradigm shift?
  • “The Richest Man In Babylon” by George Samuel Clason
• What is a skill or talent that you would like to learn?
  • Learn how to design properties
• What does success mean to you?
  • Michael Chang says, “Success to me means being able to spend as much time as I want with my baby girl and my wife.”

Connect with Michael Chang:

LinkedIn: Michael Chang

TikTok: Michael Chang

Instagram: Michael Chang

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

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Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Our ultimate goal is to buy more properties because we believe that the path to long-term wealth because we can use that for Airbnb and not just long-term rentals, which is our own strategy.” – Michael Chang

“When it makes sense to let things go, we'll just let it go. Because we have a number in mind that allows us to accomplish our goals.” – Michael Chang

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Juan Vargas is an accredited multifamily investor based out of Houston, TX. He has been involved in all aspects of real estate investing within multifamily since 2016. He has transacted on 1,600+ units valued at over $125M throughout Austin, Dallas, Houston, and Phoenix and he is a JV partner on an additional 500 units throughout Texas and Georgia. In addition, he is a limited partner on over 1,000 units.

Juan heads operations and asset management at Genwealth Capital Group. He is also heavily involved in acquisitions through broker relationships and strategic partnerships.

[00:01 - 05:17] Opening Segment

• We welcome, Juan Vargas!
• Juan how started to learn how to do deals and grew from there
• He says that direct mail is a great way to find deals

[05:18 - 19:21] Direct Mail Is Still A Great Way To Find Deals

• Large institutional players are looking for larger deals
• Saving a broker fee is one reason to work with a direct mail or phone call broker
• Smaller deals are still profitable if done correctly and with the right partners
• The market for larger deals is growing, but owners should be aware that their percentage may be smaller on these deals
• Local multifamily markets have an advantage because of population growth, job growth, and rent growth

[19:22 - 25:52] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working at Subway
• What's a book you've read that has given you a paradigm shift?
  • “The Slight Edge” by Jeff Olson
• What is a skill or talent that you would like to learn?
  • Learn how to play golf
• What does success mean to you?
  • Juan Vargas says, “Success to me means, having the freedom and the time and ability to have flexibility in life in general.”

Connect with Juan Vargas:

LinkedIn: Juan Vargas

Twitter: Juan Vargas

Facebook: Juan Vargas

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“A lot of the sellers are starting to realize that, the pricing I could have gotten in 2021 is not a reality anymore.” – Juan Vargas

“You want to make sure that you're checking the boxes on any particular deal, but also if you can, and it checks the boxes for you, then don't be afraid to jump in.” – Juan Vargas

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Zeona McIntyre has been an Airbnb host since 2012. After 10 years of managing short-term rentals across the globe, she has transitioned to selling Real Estate to investors looking to house hack or live for free. She is an avid Real Estate Investor owning a double-digit portfolio of short and medium-term rentals. In the fall of 2022, she will release the book: “30 Day Stay. An Investor’s Guide to Mastering the Medium-term Rental '' coauthored with Sarah Weaver. She teaches listeners how to achieve Financial Freedom through Real Estate on her Podcast: Invest2FI, co-hosted with Craig Curelop. She has been featured on Bigger Pockets, Mr. Money Mustache, NPR, Business Insider, and more than 50 podcasts. Zeona has been to 47 countries. She spends half the year in Boulder, Colorado, and the other half traveling the world as an international pet sitter. Learn more here: https://www.zeonamcintyre.com/

[00:01 - 01:54] Opening Segment

• We welcome, Zeona McIntyre!

[01:55 - 22:43] Strategize Marketing Campaigns For Midterm Rental Properties

• Transitioning into owning her own properties
• Balancing her time by focusing on midterm rental properties
• The concept of midterm rentals
• Making the property look appealing to potential tenants

[22:44 - 30:43] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working at a dispensary
• What's a book you've read that has given you a paradigm shift?
  • “The Way Of The Peaceful Warrior” by Dan Millman
• What is a skill or talent that you would like to learn?
  • Mastering creative financial journey
• What does success mean to you?
  • Zeona McIntyre says, “I just want to be this like super Zen version of myself.”

Connect with Zeona McIntyre:

Website: Zeona McIntyre

Instagram: Zeona McIntyre

YouTube: Zeona McIntyre

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

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Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Learning the medium-term space, I'm like, “Oh actually you should go really deep and you should pick one market or maybe two”, and become that person in that market that is doing the housing.” – Zeona McIntyre

“It's a lot of women. So, you got to play to that and make your places really nice.” – Zeona McIntyre

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Amy Johnson is a motivated and inspirational woman in Utah’s Real Estate industry. Her story and experience have gained the attention of local, national, and international developers and investors. With over 10 years in real estate, Amy has accomplished developing 400,000+ s.f. of Class A Self-Storage, 500+ acres of single and multifamily residential units, and managed rehabilitation of 250+ apartment units in revitalization areas. Her experience includes assisting in coordinating project-specific funding, raising capital, creating joint ventures, syndications, and tenancy in common deals.

[00:01 - 04:15] Opening Segment

• We welcome, Amy Johnson!
• How to develop a real estate portfolio and being able to fill the need for affordable housing

[04:16 - 23:23] Developing Storage And Multi-Family Properties

• How she started developing properties in other areas such as the redevelopment properties entitlement process
• Focus on projects that are built for rent communities and sell them to family offices
• Real estate is one of the industries that is booming because there is a need for more affordable housing
• The challenges of starting her own business
• How she overcame them by surrounding herself with a team of professionals
• The importance of networking and having the financial resources to bring large deals to fruition

[23:24 - 31:59] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working as a daycare provider
• What's a book you've read that has given you a paradigm shift?
  • “The Wealthy Gardener” by John Soforic
• What is a skill or talent that you would like to learn?
  • Learn more about fishing
• What does success mean to you?
  • Amy Johnson says, “Lifting others and making a difference in society.”

Connect with Amy Johnson:

Website: Y Street Capital, Inc

LinkedIn: Y Street Capital, Inc

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

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Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“We like to focus on projects that are like build-for-rent communities and sell them to family offices that are looking for those.” – Amy Johnson

“In business, as long as you are providing a need that the society needs, then you have a good business model.” – Amy Johnson

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Jonathan Nichols is a real estate investor local to the DFW metroplex. He began his REI career after having worked for almost ten years in the aerospace engineering industry as a propulsion engineer where he analyzed and integrated turboshaft engines on helicopter platforms. He holds a B.S. degree and an M.S. degree in Aerospace Engineering from Texas A&M and Virginia Polytechnical Institute respectively. He and his wife Paula first began their investing journey in 2018 and have undertaken numerous different types of projects before forming their multifamily investing company Apogee Capital in 2020. He has numerous residential real estate investments and a top-rated short-term rental business in the Arlington Entertainment District. Known as a person with a high work ethic, Jonathan enjoys helping others to achieve their goals (financial or otherwise).

[00:01 - 03:21] Opening Segment

• We welcome, Jonathan Nichols!
• How he left his engineering job to focus on real estate full time

[03:22- 22:29] Invest In Real Estate And Make A Difference To Other People’s Lives

• Taking information from the “Four Hour Work Week”
• Converting an eighth unit into a short-term rental
• The majority of the profits go to the investors, not the sponsor
• Invests passively in deals done by friends and family
• Communication is one of the biggest factors to passive investing

[22:30- 28:50] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working on a farm
• What's a book you've read that has given you a paradigm shift?
  • “The Miracle Equation” by Hal Elrod
• What is a skill or talent that you would like to learn?
  • Become fluent in Spanish and learn another language
• What does success mean to you?
  • Jonathan says, “To make a difference in people's lives and starting with my family and the people that I've had placed in my life.”

Connect with Jonathan:

Website: Apogee Capital

LinkedIn: Jonathan Nichols

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

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Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“A part of my big why for doing syndication as opposed to just buying my own stuff or putting money in passively or whatever is, there were a lot of people I really wanted to help in my life.” – Jonathan Nichols

“That's really where the fun is, it’s the relationships that you get to build with people who otherwise you wouldn't have.” – Jonathan Nichols

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Jon Allen is a CPA with 13 years of real estate finance experience. His focus is the underwriting, development, and capital markets functions of our self-storage assets. Jon began his career at a regional accounting firm in Charlotte, NC, working with real estate developers and private equity firms. After leaving the public accounting world, he led commercial real estate acquisitions, development, and asset management for a family office in Charlotte, NC. 

[00:01 - 06:59] Opening Segment

• We welcome, Jon Allen!
• Jon discusses the partnership between Chris and Dan Hanford, who are the original founders of Passive Investing

[07:00 - 19:28] Have Systems In Place Are Key To Real Estate Success

• How they have been successful in acquiring storage properties
• Leading the storage wing of the business
• Interest rates are a big factor in storage acquisitions
• It is helpful to have someone in the real estate industry to share experiences and advice with
• Having systems in place is key to success in any business

[19:29 - 26:06] THE FINAL FOUR

• What's the worst job that you ever had?
• Working as a framer building houses
• What's a book you've read that has given you a paradigm shift?
• “Rich Dad Poor Dad” by Robert Kiyosaki
• What is a skill or talent that you would like to learn?
• Play golf
• What does success mean to you?
• Jon Allen says, “It's the ability to do what you've been put on this earth to do.”

Connect with Jon Allen:

Website: Passive Investing

LinkedIn: Passive Investing

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

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Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“I want to make sure that my family is always going to be taken care of. And if something were to happen to me, I would want them to have the cash flow therefrom real estate to be able to help them through whatever times that they might have to go through.” – Jon Allen

“The ability to do what you are put here to do. To me, when you're able to do that effectively, that's a success.” – Jon Allen

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