In this episode of the Peak Profits podcast, Bryan Morris and Chris Ward interview Craig McGrouther, Director of Business Development at Lone Star Capital. Craig shares his journey from selling single-family homes to focusing on multifamily investing, discussing the importance of building investor relationships and the systems in place for capital raising. He delves into tax abatement strategies that enhance property value and provides insights into the multifamily market's future, emphasizing the significance of location, cash flow, and operator track record in investment decisions. Craig also offers advice for new investors and shares his bullish outlook for the multifamily sector in 2025.

Chapters

00:00 Introduction to Craig McGrouther and His Journey
06:13 Transitioning from Single Family to Multifamily Investing
11:21 The Role of Business Development in Real Estate
16:26 Understanding Tax Abatement Strategies
21:19 The Impact of Tax Abatement on Property Value
23:46 Driving Value for Investors
28:09 Operational Excellence in Real Estate
31:57 Key Investment Criteria
35:48 Navigating the Multifamily Market
40:36 The Future of Multifamily Investments
51:17 PeakProfitsOutroFINAL.mp3
51:59 riverside_intro_final chris ward _ jan 28, 2025 009_peak_profits podcast.mp4
52:47 riverside_intro_final chris ward _ jan 28, 2025 009_peak_profits podcast.mp4


Takeaways

• Craig transitioned from single-family homes to multifamily investing.
• Building strong investor relationships is crucial for success.
• Tax abatement strategies can significantly enhance property value.
• Consistency in communication builds investor trust.
• The multifamily market is resilient and offers long-term opportunities.
• Location and cash flow are key factors in investment decisions.
• Investing in multifamily should be part of a diversified portfolio.
• Understanding the operator's track record is essential for investors.
• The spread between homeownership and renting is at an all-time high.
• Patience and strategic planning are vital for long-term success.

In this episode of the Peak Profits podcast, hosts Bryan Morris and Chris Ward interview Yosef Lee, a litigation attorney and real estate investor. Yosef shares his journey from being a full-time attorney to becoming a successful multifamily real estate investor, discussing his first deal, the lessons learned, and the importance of having the right team. He emphasizes the mindset needed to pursue larger investments and offers advice for W-2 employees looking to transition into real estate investing. In this conversation, Yosef Lee shares his journey in real estate, emphasizing the importance of taking action, building a strong team, and effective networking. He discusses the value of education and resources available for aspiring investors, as well as his experiences in creating networking opportunities. Yosef also highlights the significance of diversifying investment strategies and the role of perseverance in achieving long-term success in real estate.

Chapters

00:00 Introduction to Yosef Lee and His Journey
04:41 Yosef's First Deal: The 44-Unit Property
10:39 Lessons Learned from the First Full Cycle Deal
14:47 Going Big: The Mindset Behind Multifamily Investments
18:32 Advice for W-2 Employees Looking to Invest in Real Estate
23:13 The Importance of Taking Action
24:25 Building a Successful Team in Real Estate
25:25 Effective Networking Strategies
32:09 Educational Resources for Real Estate
34:00 Creating Networking Opportunities
38:05 Diversifying Investment Strategies
41:14 The Value of Perseverance in Real Estate

Connect with Yosef Lee below:

Instagram: yosef_father_daughter_journey

Instagram: yosefyourbrosef

YouTube: yosefyourbrosef

Facebook: yosefyourbrosef

LinkedIn: yosefyourbrosef

linqapp.com/yosefyourbrosef

yosefyourbrosef.com

In this episode of the Peak Profits podcast, Bryan Morris and Chris Ward of Seven Peak Capital interview Randy Smith, founder of Impact Equity. Randy shares his journey from a successful sales career to becoming a passive investor in real estate, emphasizing the importance of education, due diligence, and diversification in investment strategies. He discusses the benefits of passive investing, the significance of self-directed IRAs, and the differences between debt funds and equity investments. Randy also outlines his vision for Impact Equity and the future of real estate investing.

Key Takeaways

• Randy transitioned from a 25-year sales career to real estate investing.
• He emphasizes the importance of starting early in investing.
• Passive investing allows for financial freedom without the burden of active management.
• Due diligence is crucial when selecting investment opportunities.
• Investing through self-directed IRAs opens up alternative investment options.
• Diversification across asset classes and operators mitigates risk.
• Investing is a long-term strategy, not a get-rich-quick scheme.
• Understanding market cycles is essential for investment timing.
• Randy aims to help a thousand investors achieve financial independence.
• The future of Impact Equity focuses on refining investment strategies and partnerships.

Chapters

00:00 Introduction to Randy Smith and Impact Equity
02:10 Randy's Journey from Sales to Real Estate Investing
04:40 The Shift from Active to Passive Investing
09:38 Transitioning to Full-Time Investing
13:02 Due Diligence in Passive Investing
16:35 Investment Focus: Affordable Housing and Multifamily
21:21 Understanding Fund-to-Fund Structures
25:03 Alternative Investment Methods: Using IRAs and 401ks
25:30 Understanding Self-Directed IRAs
29:04 The Process of Transferring Funds
30:59 Strategies for Generating Passive Income
33:13 Diversification in Investment
35:59 Debt Funds vs. Equity Investments
39:00 Key Lessons Learned in Investing
42:08 The Evolution of Personal Wealth
44:48 Future Strategies for Impact Equity

Follow Randy Smith and Impact Equity:
Website: https://www.impactequity.net/
LinkedIn: https://www.linkedin.com/in/randallmsmith/
Instagram: @randysmithinvestor

Keywords

Randy Smith, Impact Equity, passive investing, real estate, multifamily syndications, financial freedom, due diligence, self-directed IRA, investment strategies, diversification