Episodes

  • 194: Learning To Bet On Yourself as a Real Estate Investor with Andrew Owlett

    194: Learning To Bet On Yourself as a Real Estate Investor with Andrew Owlett
    Nov 28 2024
    When boutique hotels started gaining popularity, today’s guest moved from single-family investing into the burgeoning boutique hotel space. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Andrew Owlett, a former firefighter who transitioned into real estate investing. Andrew is a developer of hotels, short-term rentals, long-term rentals, and now boutique hotels with a wellness twist. He is also the founder of Night Owl Academy, Night Owl Management, Night Owl Capital, and STR on Auto-Drive. Jonathan and Andrew begin their discussion by exploring Andrew’s experience as a firefighter, which led to PTSD and, ultimately, real estate investing and wellness. Andrew explains the importance of building camaraderie and community to create a positive impact for remnants and guests, as well as getting your spouse or partner on board with investing. You’ll hear what appeals to Andrew about boutique hotels and invisible personalization, how he got his start with a townhome in Baltimore, and how he stays focused on the customer experience and business optimization. Andrew explains why he and his wife are both still at their W2s, hiring others to take care of the things you don’t enjoy, and creating hospitality for hotel guests while depending on their online reviews of your property. Boutique hotels are a unique way to reap the benefits of short-term rentals and multifamily while offering experiences for guests. Andrew Owlett is passionate about this investing niche and is sharing the benefits with others. In this episode, you will hear: Andrew Owlett’s transition from his job as a firefighter and struggling with PTSD into real estate investing and wellnessBuilding camaraderie and community with others to make a positive impact for tenants and guestsHaving your spouse or partner on board and supporting one anotherThe appeal behind boutique hotels and implementing invisible personalizationHow Andrew got his start with real estate investing using a townhome in Baltimore and what it taught himNot being 100% hands-off but remaining focused on customer experience and business optimizationWhy Andrew is still at his W2 and who is transitioning out firstHiring people to take care of the things you don’t enjoy and starting smallCreating hospitality for guests in a boutique hotel environment, reviews, and the downsides of not being able to screen guests Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/194/ to download it. Supporting Resources: Night Owl Academy - www.night-owl.academy Andrew Owlett on Instagram - www.instagram.com/andrewowlett Night Owl Capital - www.night-owl.capital Night Owl Management - www.night-owl.management STR on Auto-Drive - www.strauto.info Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    51 mins
  • 193: Building The Life You Want Through Apartment Investing with Michael Blank

    193: Building The Life You Want Through Apartment Investing with Michael Blank
    Nov 25 2024
    Most new investors believe that you have to start investing with single-family properties, get your feet wet, and then move on to bigger and better properties. But today’s guest argues for starting with multifamily properties to advance your real estate career more quickly. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Michael Blank, an entrepreneur, investor, teacher, and one of the leading authorities on apartment building investing in the U.S. Michael’s company controls more than $300 million in performing multifamily assets. Michael has helped students purchase over 14,000 units. He is also the author of the bestselling book “Financial Freedom with Real Estate Investing” and host of the podcast with the same name. Jonathan and Michael start their discussion by delving into the differences between investing today versus a couple of decades ago and how investors have had to change tactics. Michael shares the biggest problem with single-family house investing, his approach to creating deals, and why it all comes down to relationships. You’ll hear his team approach to investing, how to scale while maintaining your quality of life, and why most deals happen through brokers off the MLS. Finally, Jonathan and Michael explore overcoming your fears of buying into multifamily at the beginning of your investing career and what you can learn from his mentoring program. Multifamily doesn’t have to be out of reach for new investors, and Michael Blank lays out the steps to creating the financial and time freedom you’re seeking. In this episode, you will hear: The differences between investing today versus 15-20 years ago and adjusting your tacticsThe biggest problem with single-family house investingHow buying apartment buildings can provide the financial and time freedom most people want to achieve with real estate investingMichael Blank’s team approach to creating multifamily property dealsThe importance of relationships and accepting help in real estate investingWhat Michael looks for in a property as he considers a purchaseScaling while maintaining your quality of lifeFinding deals in geographic areas that are growingPurchasing older buildings versus new construction and the importance of due diligenceWhy most deals happen through brokers off the MLSOvercoming your fear of buying into multifamily at the beginning of your investing careerMichael’s mentoring program and what you can learn from it Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/193/ to download it. Supporting Resources: Michael Blank’s website - themichaelblank.com Michael’s YouTube channel - youtube.com/themichaelblank Find Michael on Facebook - www.facebook.com/themichaelblank Michael’s Instagram - www.instagram.com/themichaelblank Connect with Michael Blank on Instagram - www.linkedin.com/in/mblank1 Find Michael on Twitter/X - twitter.com/themichaelblank Michael’s TikTok - www.tiktok.com/@themichaelblank Apartments 101 - apartments101.co Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    53 mins
  • 192: A Life You Love Waking Up To From Unshakable Wealth with Larisa Olteanu

    192: A Life You Love Waking Up To From Unshakable Wealth with Larisa Olteanu
    Nov 21 2024
    Building unshakable wealth is a goal many aspire to but rarely achieve. Today’s guest teaches others how to achieve financial stability using real estate and financial education. On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Larisa Olteanu. Larisa is the founder and CEO of Unshakeable Wealth, which spearheads the movement to make financial independence a necessity instead of a luxury. Larisa is also the bestselling author of “Destined for Wealth: Master the Art of a Prosperous Life.” Jonathan and Larisa begin their conversation by exploring her experience as an immigrant to the U.S., how retaining her W2 job helped pave the way to success, and her struggle to figure out the U.S. financial system when she first arrived. You’ll hear what Larisa learned from a manager at her W2 job about investing, why you must take action in real estate, and networking with others to create great deals down the road. Larisa shares the story behind her first buy, her hope for blessing others through real estate, and what Unshakeable Wealth does for its clients. Starting from scratch with $20 in her pocket could have prevented Larisa Olteanu from pursuing a real estate investing career. Instead, she leaned into learning and is helping others change their lives. In this episode, you will hear: Larisa Olteanu’s path to real estate as a new immigrant to the U.S. and how a W2 job helped her pave the way to successFiguring out the U.S. financial system, learning English, and finding a way to stay in the country legallyWhat Larisa learned from a manager at her W2 about investingThe different paths people take in real estate investing and why you have to take actionNetworking with others to first give, then take, and put knowledge into actionLarisa’s first buy, a single-family property, and the double close she performed on itBuilding relationships over time to make great real estate dealsUsing real estate to bless others and helping sellers solve their problemsWhat Unshakable Wealth does and Larisa’s goals for the companyDefining what you want to reach financial independence Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/192/ to download it. Supporting Resources: Unshakeable Wealth website - www.unshakablewealth.com Unshakeable Wealth on YouTube - www.youtube.com/channel/UCPrurXGKaub_jB5wM3yE05A Unshakeable Wealth’s Facebook page - www.facebook.com/unshakablewealth Unshakeable Wealth on Instagram - www.instagram.com/unshakablewealth Connect with Larisa Olteanu on LinkedIn - www.linkedin.com/in/larisa-olteanu Unshakeable Wealth’s TikTok - www.tiktok.com/@unshakablewealth Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    1 hr
  • 191: Strategic Multifamily Acquisition and Management with Randal McLeaird

    191: Strategic Multifamily Acquisition and Management with Randal McLeaird
    Nov 18 2024
    The book “Rich Dad Poor Dad” has been a wake-up call for would-be real estate investors everywhere, and today’s guest is no different. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Randal McLeaird, founder of Ridgeline Investment Group. Ridgeline has over a decade of experience consistently delivering value to investors through strategic acquisitions and management. Randal is also the host of the podcast Agents Building Cashflow. Jonathan and Randal begin their conversation by exploring how “Rich Dad Poor Dad” inspired Randal to start real estate investing, why the timing of when he read it mattered, and his involvement with mortgages early in his career. You’ll hear about Randal’s first deal, what he learned from his first few property flips, and why his strategy to get started isn’t the best for today’s new investors. He shares why he’s investing in small multifamily properties in Texas, expanding into Georgia, and learning to hold properties longer. Randal explains what led to purchasing land, why having a spouse or partner on board with real estate investing is important, the biggest mistake new flippers are making, and Randal’s advice for new investors doing rehabs. If you’ve ever wondered if you can start from scratch and become a successful real estate investor, Randal McLeaird shares how he did that. In this episode, you will hear: How “Rich Dad Poor Dad” inspired Randal McLeaird to begin real estate investing and the timing of reading itRandal’s involvement in mortgages, his path into real estate investing, and his first dealHis first few properties and what he learned from those flipsWhy the strategy Randal used to get started doesn’t work as well todayThe appeal of small multifamily properties in Texas and the opportunities they offerThe timing behind leaving Texas and moving into GeorgiaHolding properties longer and what led Randal to start buying landLooking at real estate as a vehicle for investing as well as a homeGetting a partner or spouse on board with real estate investingThe biggest mistakes new flippers are makingRandal’s advice for new investors doing rehabs Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/191/ to download it. Supporting Resources: Ridgeline Investment Group - ridgelineig.com Agents Building Cashflow on YouTube - www.youtube.com/@agentsbuildingcashflow Agents Building Cashflow on Facebook - www.facebook.com/agentsbuildingcashflow Find Randal McLeaird on Instagram - www.instagram.com/randal_mcleaird Connect with Randal on LinkedIn - www.linkedin.com/in/randalmcleaird Randal’s TikTok - www.tiktok.com/@agents_building_cashflow Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    54 mins
  • 190: Unlocking Hidden Value in Multifamily Real Estate with Zihao Wang

    190: Unlocking Hidden Value in Multifamily Real Estate with Zihao Wang
    Nov 14 2024
    Immigrants to the U.S. have a unique perspective on real estate as an investment vehicle, and today’s guest explains how his parents involved him in their business early, teaching him what he needed to know to create a lucrative real estate career. On this episode of Zen and the Art of Real Estate Investing, Jonathan sits down with Zihao Wang, founder and CEO at Motiva Holdings. Motiva Holdings is a California-based real estate private equity firm focused on developing value-added and opportunistic multifamily opportunities through equity syndications and JV partnerships. As Jonathan and Zihao begin their discussion, you’ll hear Zihao’s background as a child of immigrants, his exposure to real estate as a child through his parents, his experience with property management, and why he continues to invest in California despite its high cost. You’ll hear why Zihao is an appreciation player rather than cash flow, where he’s investing outside of California, and Zihao’s ideal investor avatar. Jonathan and Zihao cover how increasing insurance costs are impacting acquisitions, the differences between buyers and sellers in California versus other states, and the importance of building relationships with clients and being empathetic to their backgrounds alongside a good track record. California is often seen as a no-go for real estate investors, but Zihao Wang is successfully investing there and elsewhere with his extensive knowledge of multifamily assets. He’s helping others do the same. In this episode, you will hear: Zihao Wang’s exposure to real estate as a child through his parents’ investments and later becoming involved in the family businessHow property management helped him understand how properties work and identify issuesInvesting in California, despite its high costBeing an appreciation player rather than a cash flow playerHis expansion into other markets outside of CaliforniaThe ideal avatar for Zihao’s investorsWhy he keeps a deal tracker, and how it helps determine where to go nextThe increasing costs of insurance and how it’s impacting acquisitionsZihao’s interest in small bay industrial outside of multifamily and retailDifferences between buyers and sellers in California versus somewhere like TexasLearning hands-on versus using Instagram or TikTok for tipsBuilding relationships with clients and understanding their backgrounds along with a good track recordWorking with family and being held to a high level of scrutinyWhat’s next for Motiva Holdings Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/190/ to download it. Supporting Resources: Motiva Holdings - motivaholdings.com Zihao Wang on Instagram - www.instagram.com/_zihao.wang_ Connect with Zihao on LinkedIn - www.linkedin.com/in/zihao-wang-mh Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    46 mins
  • 189: Learning To Leave a Legacy Through Real Estate with Bishoy Habib

    189: Learning To Leave a Legacy Through Real Estate with Bishoy Habib
    Nov 11 2024
    A legal background can be an unexpected advantage in real estate investing, and it can help you quickly differentiate a good deal from a bad one. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Bishoy Habib, managing partner of Levacy Legal. Bishoy is also a co-founder and partner of CapStar Investment, a real estate investment company focused on off-market opportunities with an emphasis on sourcing land for builders and developers. Bishoy is also the co-founder and broker of CapStar Real Estate, an entrepreneurial real estate brokerage in Tampa Bay, Florida. Jonathan and Bishoy start their conversation by exploring the advantages of having a legal background in real estate. You’ll hear how Bishoy was introduced to real estate as a kid through his dad’s properties, what led him to get a law degree, and the cultural pressure Bishoy experienced as the child of Egyptian immigrants. You’ll hear the questions you need to ask when considering a deal with someone, Bishoy’s tips for identifying deals to avoid, and the importance of keeping ego and emotion out of your real estate deals. Finally, he shares how to create win-win deals and why he loves finding creative solutions to problems. No one needs a law degree to become a great real estate investor, but Bishoy Habib’s degree gives him unique insights into real estate investing that he’s eager to share with others. In this episode, you will hear: The advantages of having a legal background in real estateBishoy Habib’s introduction to real estate as a kid through his dad’s investments, what he liked about it, and why he got a law degreeHaving a cooperative relationship with your tenants as caretakersThe cultural influence Bishoy experienced as the child of Egyptian immigrantsBishoy’s investments over the years and what he hopes to do in the futureThe questions to ask as you consider going into a deal with someoneHandling clients who are burned by bad deals or scamsBishoy’s tips for identifying the deals to stay away fromWho he represents and the types of cases he takesKeeping ego and emotion out of dealsCreating win-win deals and finding creative solutions to problemsThe impact weather is going to have on Florida real estate in the future Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/189/ to download it. Supporting Resources: Levacy Legal website - www.levacylegal.com Find Bishoy Habib on YouTube - www.youtube.com/channel/UCdrg7qos_y24yLhP43izMUw/addons Bishoy on Facebook - www.facebook.com/attorneybishoy Bishoy’s Instagram - www.instagram.com/attorneybishoy Connect with Bishoy on LinkedIn - www.linkedin.com/in/bishoyhabib Bishoy’s TikTok - www.tiktok.com/@attorneybishoy Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    58 mins
  • 188: Staying Nimble With Mission-Driven Multifamily Investing with Michael Wagman

    188: Staying Nimble With Mission-Driven Multifamily Investing with Michael Wagman
    Nov 7 2024
    HGTV has inspired many would-be real estate investors over the years, but it doesn’t usually reveal the difficulties new investors can face. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Michael Wagman, founder and a Nimble Capital Group managing partner. Nimble Capital holds a multifamily, retail, commercial, and raw land asset portfolio. Michael got his start in real estate after watching a lot of flips on HGTV and deciding he could do it, too. Jonathan and Michael start their conversation by discussing how Michael landed in real estate after watching too much HGTV after he returned to the U.S. from living abroad. You’ll hear about Michael’s first flip, what led him to multifamily properties, and how he overcame the fear of risk and began using other people’s money (OPM) to scale the business. Michael shares how he met his business partner, his biggest change in looking for properties in today’s market, and the questions you should ask when considering a syndication. You’re not alone if you’ve ever felt inspired by HGTV, and for those willing to take a risk like Michael Wagman was, it can lead to a prosperous and long-lasting career in real estate. In this episode, you will hear: How HGTV inspired Michael Wagman to start flipping houses after moving back to the U.S. from abroad Lessons from his first flip and what he’d do differently now Michael’s first house hack, which gave him an “aha” moment, and how he began looking for ways into multifamily properties Overcoming the fear of risk, scaling the business with other people’s money (OPM), and finding a business partner The biggest change Michael’s made in how he looks for properties in this market Evaluating returns on a property purchase and what Michael’s preference is What he learned from taking OPM and the questions people should ask when they’re considering syndications Michael’s favorite assets at the moment and why he still loves multifamily Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/188/ to download it. Supporting Resources: Nimble Capital Group website - www.nimblecapitalgroup.com Find Michael Wagman on Facebook - www.facebook.com/michael.wagman.142 Nimble Capital on Instagram - www.instagram.com/nimble_capital_group Connect with Michael on LinkedIn - www.linkedin.com/in/michaelwagman Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    47 mins
  • 187: Building Roots and Generating Results Through Multifamily Real Estate with Shane LaFave

    187: Building Roots and Generating Results Through Multifamily Real Estate with Shane LaFave
    Nov 4 2024
    On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Shane LaFave. Shane has been in real estate development for more than 15 years and has worked on a little of everything, including affordable housing renovations, high-end market-rate buildings, hotels, historic buildings, commercial spaces, and solar farms. Shane serves as the executive vice president of Roers Companies, a multifamily real estate firm powered by in-house development, construction, and property management, otherwise known as vertical integration. As Jonathan and Shane begin their conversation, you’ll hear what drew Shane to real estate in college, why it’s a relationship-based business, and his focus on working on the community's needs as a syndicator while implementing vertical integration. He shares what can happen when syndication isn’t vertically integrated, Shane’s preference for new builds, and the downsides of new construction. You’ll hear the fund his company offers to those hesitant about syndications, why you must know your market and understand the marketing, and what Shane looks for in a geographic area before investing. Finally, they cover the best time to jump into syndication and what he loves about industrial real estate. For those considering moving into syndications as an investment vehicle, Shane LaFave offers listeners a masterclass on how to do it effectively. In this episode, you will hear: Shane LaFave’s background in real estate, beginning with a degree in real estate studiesThe importance of building relationships and understanding this is a people businessWorking within the needs of the community as a syndicator and implementing vertical integrationThe problems that can arise in a syndication that isn’t vertically integratedNew builds versus renovation projects and why new builds are Shane’s sweet spotThe downsides of new constructionThe fund Shane offers to those who are hesitant to invest in a syndicationKnowing your market and understanding the marketing behind a syndicationHow many units are in one of Shane’s typical projectsChoosing a geographic area for a new build and what he looks forThe best time to invest in a syndicationShane’s love for industrial real estate Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/187/ to download it. Supporting Resources: Roers Companies website - roerscompanies.com Roers Companies on YouTube - www.youtube.com/channel/UCaphglePU6-8OeJC0AGxtRg Roers Companies’ Facebook - www.facebook.com/Roerscompanies Find Roers Companies on Instagram - www.instagram.com/roerscos Connect with Shane LaFave on LinkedIn - www.linkedin.com/in/shane-LaFave-734b6213 Roers Companies on LinkedIn - www.linkedin.com/company/roers-companies Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
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    52 mins