MB 079: How ‘Walmart Shopping’ for My Team Cost Me $2M in Multifamily – With Damion Lupo
One of the big real estate rookie mistakes is to turn into a Walmart shopper as you build your team. But my guest today, Damion Lupo, can vouch for the fact that a quality team is an investment that will save you millions in the long run. He discusses his first multifamily deal, a 119-unit property in Memphis that resulted in a $2M loss, and the painful lessons he learned about failure, building a team, and the value of an experienced mentor.
MB 078: Never Give Up to Quit Your Job with Real Estate – With Joseph Gozlan
Joseph Gozlan’s story defines the word GRIT. Once he decided that multi-family was the route he wanted to take, Joseph committed to doing whatever it took to secure his first deal—despite the roadblocks he faced during that two-year journey. Today he shares why he chose real estate in the first place, the circumstances around his shift to multi-family, and how apartments have allowed him to consider quitting his job in IT to transition into full-time real estate.
MB 077: How We Took Down Our First Multi-Family Deal (94 Units!) – With Pili and Jason Yarusi
When it comes to multi-family real estate investment, putting the blinders on and jumping in may be the best strategy. Today I’m on the line with Jason and Pili Yarusi, a husband-wife team with experience in construction who recently made the leap from flipping to multi-family. They share valuable advice around overcoming the mindset challenges associated with apartments, reaching out to mentors, and learning as you go.
MB 076: Multifamily … Forever Cash Flow? – With Jack Bosch
For passive, everlasting cashflow, multi-family is the way to go. Today I am speaking with Jack Bosch, a real estate investor with a unique background in flipping land who eventually made his way to apartment building investing. Listen as he explains why he would have liked to get into multi-family sooner, and his best advice for breaking into the space with no prior experience.
MB 075: How to Harness the Power of Crowdfunding Even If You’re a Newbie – With Jilliene Helman, CEO of RealtyMogul
Crowdfunding platforms like Realty Mogul are looking for sponsors with a track record, so if you don’t have one—find someone who does. Today I’m on the line with Jilliene Hellman, CEO of Realty Mogul, to discuss what qualifies as a good deal and how aspiring syndicators might take advantage of partnering with a larger real estate company to secure capital via crowdfunding.
MB 074: How I Did My First (69-Unit) Deal Without Experience or My Own Money – With Patrick Duffy
What gives a 27-year-old with no experience in multi-family the audacity to swing for the fence? Listen in on my call with Patrick Duffy as he shares the steps he took to partner with me on a 69-unit property in Memphis, how he made use of the act ‘as if’ approach to secure a letter of intent, and his best advice for working with investors. Learn how doing his first deal has changed the game for Patrick, as he aspires to reach 1,000 units in the next 12 months!
MB 073: The Secret to Quitting Your Job With Real Estate – With Brad Tacia
Landing your first multi-family deal is much like pushing over the first in a series of dominoes: The second and third deals fall in rapid succession. Today I’m speaking with Brad Tacia, whose story adheres to the Law of the First Deal. He shares the details of his first three multi-family deals, his experience with syndication, and his secret to making every day feel like Saturday through apartment building investing.
MB 072: How to Overcome the Most Crippling Limiting Beliefs – With Tyler Sheff
What is stopping you from achieving financial freedom through apartment building investing? Listen to my conversation with Tyler Sheff of CashFlowGuys.com as he unpacks each of the limiting beliefs that held him back and reveals how he overcame ‘analysis paralysis’ to replace his six-figure income in 11 months through investments in 26 units – using none of his own money!
MB 071: Why it’s Patriotic to NOT Pay Taxes – With David Zook
Whether you’re a high net worth individual looking to reduce your tab with the IRS or a syndicator looking to raise money, listen in to my conversation with David Zook as we discuss why it’s patriotic to take advantage of available tax breaks, the AHA moment that initiated his transition from passive investor to real estate syndicator, and how he reduced his tax bill from $475K to nearly nada.
MB 070: How to Remotely Self-Manage Your Real Estate Portfolio – With Dana Dunford
Listen in on my call with Dana Dunford, CEO of Hemlane, a technology-enabled property management solution designed to support real estate investors in the remote management of their rentals. We cover the metrics you should be tracking as an owner, the processes that should be centralized across your portfolio, and how to work with a property manager while maintaining control of your investments.