Limited Partner Syndication Investing with Spencer Hilligoss

 

Limited Partner Syndication Investing with Spencer Hilligoss

 

Guest: Spencer Hilligoss is the co-founder and CEO of Madison Investing, a firm focused on helping passive investors achieve financial freedom through real estate. With a background in technology and experience in high-growth Silicon Valley companies, he leverages his expertise to navigate the investment landscape and educate new investors on rigorous due diligence and risk management.

 

Big Idea: Dan Breslin and Spencer Hilligoss discuss the journey of investing in real estate through limited partnerships. They emphasize the importance of due diligence, understanding the dynamics of risk management, and building long-term relationships.

 

 

    

Dan Breslin: Okay, cool, cool. So would you mind giving us a few highlights here just to kind of paint a picture of the background of a guy like yourself who started as an Lp, and then probably started bringing some friends in. As you see, you know, 1819 20 returns come in. You kind of want to share this thing, and then maybe that continued to compound from there.

Spencer Hilligoss: Yeah, you know, happy to looking back now, I mean. Never would have thought if you had gone back in time, and I talked to myself 20 years ago that this would be kind of the business and the life that we’d be leading. So you know, like we chatted up front, I lead Madison investing passive Lp. Club alongside our investors. We invest alongside them in big assets that we like and man the landscape over the last few years in particular, Dan. Such a helpful educational experience in so many ways, you know. Mostly good, you know. You get your learnings the tough way a couple of times in this market landscape. But, I would say, looking back at my corporate career in tech so many of the principles and tough learnings I got from working in these 5 different high growth, high paced Silicon Valley tech companies, man thrust into leadership at the age of 26 and managing 200 people way before I knew what the heck I was doing way over my skis, like those learnings. Those frameworks. So much of that translates directly to how we look at and do what we do now, which is, find great sponsors, commercial real estate sponsors doing self storage multifamily and beyond.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://www.MadisonInvesting.com/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Spencer Hilligoss & I Discuss Limited Partner Syndication Investing:

  • Investment Framework for Evaluating Sponsors (00:02:15 – 00:04:41)

  • Emotional Journey of First-Time LP Investors (00:18:56 – 00:22:46)

  • Understanding Illiquidity in Real Estate Investments (00:27:29 – 00:28:44)

  • Risk Management and Financial Structuring (00:45:22 – 00:47:06)

  • The Significance of Building Relationships (00:52:54 – 00:53:52)

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Multi-Family Real Estate Investing with CPI Capital CIO August Biniaz

 

Multi-Family Real Estate Investing with CPI Capital CIO August Biniaz

 

Guest: An accomplished real estate investor, August is passionate about teaching and empowering others in the industry. With years of experience in various aspects of real estate, including acquisitions and deal structuring while navigating diverse markets successfully. Dedicated to sharing knowledge and best practices, August helps elevate the success of individuals and teams within the real estate community.

 

Big Idea: Dan and August highlight the importance of mastering four critical decisions that influence deal-making, as optimizing these can boost revenue. It emphasizes collaboration among team members for optimal outcomes and advocates using data from past deals to inform decisions and prevent missed opportunities. Lastly, it promotes a culture of continuous improvement, encouraging team members to reflect on their choices and consider alternative approaches for greater success.

 

 

    

Dan Breslin: Tell me about your 1st spec home deal, because I imagine that was not day one in real estate that was somewhere between day one and where we are today. But I feel like that was probably some leap of faith, some new level, some unknown, that you face there. So maybe that story would be interesting and reveal some lessons about stepping into the next level. Even if someone’s not trying to build spec homes, there is certain times where you have to kind of. Take that next step of faith. If you’re going to grow in the real estate business.

August Biniaz: Yeah, no absolutely great starting point. I had gotten my real estate agent license. This is probably around 1520 years ago, and was trying to kind of make it in that business, which I found it very difficult, and didn’t see it as very scalable. So I had certain concerns, and my partner, who was a pretty, experienced real estate agent. There was a lot that came up for sale, and when I say a lot there was old home on it. But in Vancouver you call anything that’s somewhat old, basically just a lot. It’s just lot value. And it had come for sale for 725,000, and he’s like, Hey, let’s buy this thing and let’s build something on it. And he was convinced me to get into kind of the Spec home development side of the business, and and we bought the property and we started building it.

We actually got a mortgage in my name and was able to get better terms from the banks on a personal type of resident construction which wasn’t on their business, and we went through the process of construction draws building this thing, but my partner was more the one that was involved in the construction process earlier on. But as the project went on I seemed to get more involved, and I was somewhat of a the project manager or site superintendent on that project, and we built the project. We we hadn’t even listed it, and there was a knock on the door from a real estate agent. There was a Chinese family that had moved down the road, and if you don’t know Vancouver, Vancouver has a you know, a mind blowing number of Chinese nationals that live in Vancouver, the city of Richmond, where I was, from which is a suburb of Vancouver, 200,000 population. 70% of the population are actually from mainland China.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://cpicapital.com

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

August & I Discuss MultiFamily Real Estate Investing with CPI Capital

  • Mastery of Critical Decisions (Timestamp: 00:00:12)

  • Real-Time Collaboration (Timestamp: 00:05:12)

  • Data-Driven Decision-Making (Timestamp: 00:20:18)

  • Continuous Improvement Mindset (Timestamp: 00:37:45)

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Henry Eisenstein on Commercial Brokerage & Investing

 

Henry Eisenstein on Commercial Brokerage & Investing

 

Guest:Henry Eisenstein is a commercial real estate broker and investor with extensive experience in both residential and commercial transactions with transactions rotating $650 million.

 

Big Idea: In the podcast, Henry and Dan Breslin discuss the importance of underwriting deals, evaluating net operating income and cap rates, and sharing personal experiences in the market. The conversation emphasizes strategic investment approaches, market analysis, and the value of collaboration in real estate.

 

 

    

Dan Breslin: Cool Henry, for folks who do not already know your name. Do you want to kind of give a brief intro of who you are, your history, and how you got to where you’re at today.

Henry Eisenstein: Sure. So quick! 2 min, spiel. My name is Andrew Einstein. I’m a broker based out of New Jersey now. Live in Florida been the business about 10 years, been a part of about 650 million dollars worth of real estate deals from, you know, as small as a residential single family rental all the way up to, you know. Multi, you know. 20 million dollar industrial deals and everything in between specialize in investment sales. I’m also an investor just like Dan own, about just under 10 million dollars worth of real estate, now, constantly looking to build a portfolio, and also I coach individuals to learn how to find deals, coach brokers how to increase their business, help. Investors find great deals all over the country and post a lot of fun content. Just like Dan.

Dan Breslin: Nice, nice. Yeah, I don’t post much. But the podcast is where people can find me. It’s like, I’m kind of putting myself out there, but you gotta find me in the cave. If you’re interested in hearing this.

Henry Eisenstein: I mean. Hey? I listen. I read your newsletter every Sunday.

Dan Breslin: Yeah, the Newsletter is good. I like the newsletter. I like writing it, and people seem to also enjoy reading it. So I will. I will continue that, and I appreciate your readership.

Henry Eisenstein: Yeah, we.

Dan Breslin: So Henry and I are also partners with Aaron Lockhart in Dei Commercial, the Chicago Division. We’re doing commercial real estate brokerage somewhat focused in the Midwest, but throughout the entire country. So that’s part of how Henry and I are currently doing business. And we figured we’d come online here, talk a little bit about that commercial real estate, brokerage, etcetera.

Dan Breslin: So where should we begin? Henry.

Henry Eisenstein: There’s so much to talk about, so.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

www.HenryEisenstein.com

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Henry Einsenstein & I Discuss Commercial Brokerage & Investing:

  • Importance of Understanding Market Conditions (00:00 – 00:12):

  • Strategies for Underwriting Deals (02:52 – 06:00):

  • Navigating Market Challenges (14:49 – 15:12):

  • Collaboration in Real Estate Investing (15:27 – 18:50):

  • Long-Term Investment Mindset (37:30 – 38:05):

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Data Center Development with Chad Fowler

 

Data Center Development with Chad Fowler

 

Guest: Chad Fowler is an architect specializing in data center design at HED Design part of the mission-critical team which is dedicated to advancing technology integration and implementing sustainable practices. Chad emphasizes the importance of educating communities about the significance of data centers in the digital landscape. His work aims for a better understanding of how data centers support modern technology and infrastructure.

 

Big Idea: Chad discusses the evolution and significance of data centers in supporting modern technology, particularly in the context of AI advancements and arguing that their crucial role in the digital age requires innovative design and community engagement.

 

 

    

Dan Breslin: Yeah. So so for the listeners here. You’re with HED design. And you’re on the mission critical team, which is mostly focused on data center development. I guess data center design throughout the US and around the world. Or what’s the deal with that.

Chad Fowler – HED: We’re primarily in US, based. The global market is there. And it’s something that we have done a little bit of work and and future expansion into.

Dan Breslin: Perfect. So this will be a little bit of a diversion from probably a lot of the topics that we have on the show here. But I think this actually fits for a few reasons. Number one, we’re talking about real estate development. I’d argue one of the most niche value I would probably guess this is the highest value per square foot transactions that we saw in 2024 and 2023 if I had to guess on a price per square foot basis, like $2,300 a square foot, I think, was one recently traded in Elk Grove Village, which our Chicago audience will know that name, but maybe not so much the rest of the folks around the country. So we have real estate development really high price niche kind of real estate that we normally probably don’t look at. But I thought, Hey, this is really an interesting topic, and I think you, I’m hoping we can get a nice little overview of the industry on today’s podcast. Episode. Chad, what else did I miss from the short introduction here that might help fill in any holes.

Chad Fowler – HED: I’ll I’ll expand a little bit. I am an architect by training, so that is, my background is architecture. HED is an Interdisciplinary Company concentrating on promote and advancing our world. That is a it is where we focus on positive impact and and the future of what we can offer to our built environment and our communities.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://www.HED.Design/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Chad Fowler & I Discuss Data Center Development:

  • Data Center Definition and Evolution (00:11 – 00:30)

  • Power Consumption and Cooling Technologies (00:49 – 01:20)

  • Impact of AI on Data Center Design (05:45 – 06:08)

  • Community Education and Sustainable Practices (42:20 – 43:10)

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Hampshire Capital CEO Shane Carter on Real Estate Development

 

Hampshire Capital CEO Shane Carter on Real Estate Development

 

Guest: Shane Carter is a seasoned real estate developer and entrepreneur with over 27 years of experience, specializing in multifamily and single-family development. He is the author of “Optimize Your Life,” which emphasizes balancing professional success with personal well-being. As the founder of Hampshire Capital, Shane leverages his expertise in construction and development to create value and foster community growth.

 

Big Idea: Shane shares his journey from home builder to successful real estate developer.

 

 

    

Dan Breslin: So I’m sure people who will have read the description, and the bullet points from our conversation are looking forward to hearing about all of the large scale. Single family development deals and the multifamily assets. But before we dive into that, you have recently, just in 2024, I believe September it may have been released. The book you wrote optimize your life, and I know that a lot of our audience is about family and about freedom and living life to the fullest. So would you mind kind of taking us through a little bit of the journey of putting that book together, and maybe what the top line message is.

Shane Carter: Yeah, yeah, thanks, Dan, I appreciate that. So this is a book that just just so we’re clear about it upfront. I didn’t write to be a lead magnet, or to be a funnel into a course, or to be anything other than frankly, a cathartic process of getting my thoughts out and and wanting to share with others all that I’ve learned in the, you know, 27 years of my professional career and my personal growth journey. And so I’ve been a preferred, you know, a personal growth junkie from the very beginning, and and I’ve I’ve read and absorbed just about every book you can. And so this is sort of my recounting of the main lessons that I’ve learned on that journey. And so, you know, it’s obviously starts with mindset and how we quite literally create the world around us via our mindset on a daily basis. And if you do that consistently and long enough, you. You craft your own life in a very meaningful way, and then the rest of the book also goes into what I believe to be a critical balance between mind, body, and spirit, and I think that’s a piece that a lot of entrepreneurs, miss. There’s a lot of influencers out there right now. I’m not going to name names, but you know their sole focus is business growth. Grow your business, eat, sleep, live, and die, and breathe it, and you know, just grow for the sake of growth, and I offer many counterpoints to that that I don’t think are very healthy for most of us to try to engage in. And the the main one is relationships. It doesn’t. Doesn’t matter how much money you have. If you don’t have good relationships with your significant, other with your friends and family, with your children, etc…

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://HampshireCap.com/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Shane Carter & I Discuss Real Estate Development

  • Balancing Personal Growth and Professional Success (00:01:46)

  • Real Estate Development (00:07:45)

  • Strategic Insights on Market Conditions (00:30:00)

  • The Impact of Kindness and Networking (00:49:09)

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Build a Portfolio of Seller Financing Cash Flow with Nick Disney

 

Build a Portfolio of Seller Financing Cash Flow with Nick Disney

 

Guest: Nick Disney is the founder of Sell My San Antonio House. His company specializes in flipping houses to owner occupants using seller financing.

 

Big Idea: Instead of selling conventionally-using bank financing and real estate agents, Nick sells directly to his owner occupant buyers and provides seller financing. These 10%+ interest bearing notes are then sold off to investors who enjoy 30 years of payments receiving 3.4 times their original investment.

 

 

    

Nick Disney: Perfect. I’m a single family real estate investor in San Antonio, Texas. So that’s 99% of our business, you know, started buying wholesaling. Some flips started with building the rental portfolio. Now, it’s really transitioned into buying, rehabbing, and selling with owner finance. And so we want to sell the property create a promissory note, which is our preferred method to produce long term cash flow. And so now we create notes. We keep some of them, and we sell some of those notes to other folks who just want to buy the payment stream on the back end.

Dan Breslin: Yeah, so I have. I have a friend. Actually, he was a guest on the show, like 5 years ago, maybe before he even started doing this. Dan Zatowski. He’s out of Delaware. A lot of listeners, local in Philly probably know the name.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://www.SellMySanAntonioHouse.com/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Nick & I Discuss Seller Finacing:

  • Creating a Legal Seller Financed Transaction

  • Underwriting the Borrower

  • How to “Refi” your note after purchase

  • Long Term Cashflow without Tenant & Repair Headaches

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

“Work Shop” Author Joe Brady on the Evolution of Retail Real Estate

 

“Work Shop” Author Joe Brady on the Evolution of Retail Real Estate

 

Guest: “Work Shop” author Joe Brady is an expert in retail commercial real estate. He served as CEO of Americas at The Instant Group as well as head of real estate for Walgreens. His early career includes capital markets & brokerage with a business-sale exit to JLL.

 

Big Idea: Real Estate may go up in value, but it certainly comes with an expiration date. Retail & office are the 2 recent asset classes where much of the product is simply useless and worthless-as many properties have sold at land value minus demolition costs. Joe has observed that retail has been forced to evolve because of the iPhone and now office is facing the same challenges.

 

 

    

Dan Breslin: Yeah, for sure. So, Joe, we’ll talk about his background with Walgreens as head of head of National Real estate. I believe we were talking before we hit record about how we’re both Philadelphia guys, then Chicago guys and then Florida guys still to this day. But with that, do you want to give a brief background of your career history and how that’s led up to what you’re currently doing, Joe.

Joe Brady: Sure happy to. You know, I’ve been in commercial real estate for 35 years or so, and during that time I’ve had a chance to sit almost at every seat at the table. So I’ve been on the capital capital market side. Been on the brokerage side, the advisory side. I’ve been on the principal side. And so I really grew up in the retail business, and it was a part of some very high volume rollouts, including Hollywood Video back when that was actually a that was actually an industry. Right? There’s only one blockbuster left. Did you know that. Somebody mentioned that to you. Yeah. It must be like a museum now, or something. I mean. It’s a swag shop. It’s.

Dan Breslin: Okay.

Joe Brady: Bend Oregon of all places, right? So that industry doesn’t exist. But was part of the team that rolled out 2,000 of those stores. And then we we took that business we took the skills and the relationships and rolled that into an outsourcing business. That, we ran from 2,000 to 2,008 and T-mobile, U.S.A. Became our biggest client. So we opened another 2,000 of those stores, the 1st 2,000 T-mobile stores in the Us. And wound up selling that business to Jll. January 3, rd 2,008. So for those who, you know don’t track history that was really really lucky timing and I’ll take it so.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://JoeBrady.ai/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Joe Brady & I Discuss The Evolution of Retail Real Estate:

  • How to Engage a Mentor with Cold Outreach

  • Effectiveness is Superior to Productivity

  • Recent Grocery Anchored Retail Development

  • Tenant Driven Development = Lower Risk Development

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Short Term Rental Strategy with Danielle & Culin Tate

 

Short Term Rental Strategy with Danielle & Culin Tate

 

Guest: Danielle & Culin Tate went from unemployed to grossing over $1 Million annually through Short Term Rental/Airbnb Investing. Culin used his background in SEO to reverse engineer the AirBNB algorithm to rank their 10 listings on the top page.

Big Idea: Selecting the right properties for your portfolio in a tight geographic region provides the opportunity to better monopolize your chosen market.

 

 

    

Dan Breslin: Sweet. Yeah. So for listeners who don’t know, we’re on the video call. And you could see the host, Coach neon sign in the background. That is Danielle and Culin’s Hosting Company. They have 10 short term rentals that they have operated at what is an above average performance rate compared to what most people probably get out of their short term rentals soon to be 11. They’ve been doing this since 2018, and have written the book, which I believe, is also called Host Coach as well. Plug for the book. Cool. Welcome to the show. Do you guys want to share the backstory? How did you end up doing this, you know, starting in 2018, and maybe what’s the business model look like.

CTate: Yeah, yeah, excellent question. I started real estate the way a lot of people do kind of by accident, meaning that in 2018 I’ve always been a serial entrepreneur. I’ve had many startups, and in 2018 I was part of a startup that would basically shut down shop and just kind of looking at my life thinking. You know, I’ve got a 8 year old, son, am I gonna really go? You know, what’s the what’s the effort level look like starting another startup right? And and everybody that’s done that knows, you know the grind involved, and we had one short term rental at the time and it was, you know, a sideline kind of thing, but it was doing $4,000 a month or so in in gross revenue, and I thought. You know, I’ve always been kind of excited and interested in real estate. I could do easy math, and I can multiply 4 times 2 or 3, and start to see some scale there. And then doing what we do best. We iterated and used all of our background from having various tech companies separately and together, and really started to dig into. How do you make this perform? How do you? Once we had a couple we accidentally bought 3 from different people simultaneously. So we had enough to test some theories and really start to manipulate how we were presenting things and and work on the Airbnb Algorithm to be at 97% occupancy year round.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://www.HostCoach.co/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Danielle & Culin Tate & I Discuss Short Term Rental Investing:

  • Top Page Ranking on AirBNB

  • Benefits of a highly focused Short Term Rental Portfolio

  • Blue Ridge Mountains, Virginia

  • The Recent Evolution of Short Term Rentals

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Dallas – Fort Worth Industrial Real Estate Development with Michael Tran

 

Dallas – Fort Worth Industrial Real Estate Development with Michael Tran

 

Guest: Michael Tran is an associate vice president in the Colliers International Dallas-Fort Worth real estate office where he specializes in acquisitions & dispositions of industrial properties in Dallas-Fort Worth and throughout Texas. He has a background driving more than $600M in value through leasing and has closed more than 900 commercial real estate deals to date.

Big Idea: Dallas – Fort Worth Texas industrial real estate offers strong opportunities in the Small Bay Industrial flex space asset class. This asset class seems poised for continued cap rate compression & value increases as institutional investors have begun buying in bulk.

 

 

    

 

Michael Tran: Oh, yeah, yeah. You know, we’re we’re probably a little bit over like 9 50. Now, you know, we’ve had a little bit of slow down last year or 2. But you know, we’re a team of 5 guys who been out in the industry for over like 50 years combined. So we’ve got some heavy deal volume. We try to do at least 50 to a hundred transactions a year on the multi 10 industrial side.

Dan Breslin: So I am going to start us in a little bit of a unique philosophical place. If that’s okay, this is this is not going to be like a question. I have a little little bit of verbiage here to package this. So we have on one side of the coin, Sam Zell, and for anyone listening who does not know who Sam Zell is, Sam built a very large, multifamily portfolio. I believe he sold that. He built one of the largest mobile Home Park portfolios in the country. I believe he may have sold that he may still own it or his company, and he was probably the most known recently for timing in the office market and exiting equity office properties. I believe it was in 2017, and looking back, what we all know about office now, I mean, that was like impeccable timing. And unfortunately Sam Zell passed. So that’s Sam Zell and Sam Zell’s philosophy was. There’s way too much risk in developing real estate. There’s way too many assets out here that can be bought.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

www.FlexBusinessParks.com

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

Michael Tran & I Discuss Dallas-Fort Worth Real Estate:

  • Uncapped Income Opportunities

  • Development of Small Bay Industrial

  • Buying into the Upward Trend

  • Lower Risk from a Broad Tenant Base

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.

Selecting the Top Airbnb Real Estate Market with John Bianchi

 

Selecting the Top Airbnb Real Estate Market with John Bianchi

 

Guest: John Bianchi is an experienced entrepreneur specializing in analyzing Airbnb data and helping investors identify profitable short-term rental opportunities. With a background in data analysis, he transitioned from managing rental properties in Chicago to focusing on providing valuable insights and strategies for Airbnb investors.

Big Idea: Understanding Short Term Rental Markets relies on the data. John describes how to do this on the show and even offers his 40+ course on the topic absolutely free.

 

 

    

 

Dan Breslin: So I found in my research for today’s episode that you started off in the Airbnb space with a handful of units in Chicago. Would you mind starting the origination story there and then getting to how your business looks today.

John Bianchi: Yeah, I was just about to get into it. And and mention that I absolutely love Chicago. It’s my favorite place, like Chicago in the summer is one of the best places to live ever right the waterfront, everything you do there so great memories from Chicago. But what the way I got to Chicago was I was actually looking to try and go anywhere in the country that was going to be really profitable for short term rentals right. And as an analyst and data analyst, I looked everywhere like genuinely everywhere. And I thought Florida was the place to be with the way that I was trying to do things I was trying to do rental arbitrage at the time without getting too into it. You rent somebody’s house, and you put it up on Airbnb right? Not a great business model in the long run. I know that nowadays. But Florida was looking amazing. I actually went down to Florida, drove around to 7 different cities over a 1 month period, trying to make it work down in Florida and failed, thought of my face, and just woke up one morning and drove 24 h back to Canada. Like was like, I’m done, and I took off. And at that time I I had actually left and sold another business to go do this. And I thought Florida was going to be it, and it just wasn’t whatsoever.

And so I was trying to figure out like, where do I go now? Right like, where the hell am I supposed to go? I had raised money from people I, you know, told my family I was leaving, and all of a sudden I’m back like, I feel like an absolute loser. And so now I’m like, Okay, where do we go, and the 2 options I had were Chicago or San Diego and, you know, having already gone a quick 24 h away, I’m like, let’s just go to Chicago. It’s a lot closer. We’ll make it make it work up there. And yeah. So anyways ended up in Chicago, figured out where exactly to go within Chicago, which was Lincoln Park. That was like the gold mine when it came to short term rentals specifically 4 bedrooms. If you could set them up proper way. And I, you know, within the 1st 2 weeks had 3 properties ready to go. And or I’d found 3 properties. 3 landlords who are willing to rent it out to me to turn it into short term rentals over the next month and a half. I got those all up, and running ended up after a 2 year period, having about 15 up and running handful of rental arbitrage. Handful of property management. Had my own cleaning company out there as well, and it was it was going well. And then, you know, Covid came around and wiped that all out pretty quickly. Luckily I still had the contract still had the ownership of them, and was able to sell that to somebody else which was its own fiasco. But then the main thing that I really got out of this entire process of what I built up in Chicago was, I realized that I was really really good at analyzing Airbnb data to be able to find properties that were going to work out really well. And that there was a ridiculous amount of people in the Airbnb space that did not know how to do that whatsoever.

So through that realization, I’m kind of an opportunist. And I figured out that I could offer that service of analyzing Airbnb data to people. And I have been doing that for almost a little over 3 years now. And it’s just continued to snowball. And I’ve continued to build a business from there.

 

This Episode of The REI Diamonds Show is Sponsored by the Deal Machine. This Software Enables Real Estate Investors to Develop a Reliable & Low Cost Source of Off Market Deals. For a Limited Time, You Get Free Access at http://REIDealMachine.com/

 

This Episode is Also Sponsored by the Lending Home. Lending Home Offers Reliable & Low Cost Fix & Flip Loans with Interest Rates as Low as 9.25%.  Buy & Hold Loans Offered Even Lower.  Get a FREE IPad when you Close Your First Deal by Registering Now at  http://REILineOfCredit.com

 

Resources mentioned in this episode:

https://www.strsearch.com/

 

For Access to Real Estate Deals You Can Buy & Sell for Profit:

https://AccessOffMarketDeals.com/podcast/

 

John & I Discuss the Airbnb Real Estate Market:

  • How Hurricane Helene is impacting the Short Term Rental markets.

  • The risk of Oversaturation in any strong Airbnb market.

  • Get Good at Data to Win in Investing

  • 3 Metrics to Understand Any STR Market

 

    

Relevant Episodes: (200+ Content Packed Interviews in Total)

 

The transcript of this episode can be found here.
Transcripts of all episodes can be found here.