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The Lessons in Real Estate Show

The Lessons in Real Estate Show

By Anthony Pinto
Showcasing Active duty military investors striving towards financial freedom through real estate.
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L: Finding the Best Business Partner T: Life is Hard Tegardless of our Path

The Lessons in Real Estate Show

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PCI Teaches Closing on a 92 Unit
Are you curious about what you need to do before closing a big deal? What can we learn about finding and closing an apartment property? Anthony Pinto gets into depth in this video, watch now so that we have the advantage for our next real estate investment. Please click the link for more of our content https://linktr.ee/pinto.capital
22:50
November 23, 2020
Episode 45: Real Estate Rookies Part 3: Clif Luber
In today’s episode we have the honor of welcoming our guest Clif Luber who is currently a Joint Operational Logistics Officer in the U.S. Navy. Clif has a big heart and passion for helping people through real estate investing. If you’d like assistance in honing your skills in real estate investing and getting around the people who might say no, please do check out my LinkTree! In this episode, we explore: What it means to be a supply officer How to build and add value to the team The process of networking and giving referrals Transitioning into real estate and multifamily syndication Past skills that have been applied to real estate How the first deal isn’t always the best one The importance of learning to work with others Finding ways to help people through the real estate vehicle About Clif Luber: Clif Luber currently serves as a Supply Officer in the U.S. Navy. He graduated from the United States Naval Academy in 2014 where he majored in Political Science and was named a Truman Scholar. After graduation, he worked at the White House for the Vice President’s National Security Affairs Office assisting with national security policy and speechwriting. He was last stationed in Pearl Harbor, HI where he served on a destroyer, hospital ship, and submarine and deployed twice to the Western Pacific. On his submarine he managed a $3.3M annual budget. Clif’s real estate experience includes house hacking, private lending, single family buy and hold, and small multifamily. He is also a Limited Partner on over 600 apartment units. Clif is the co-founder of Upward Capital, a real estate investing firm dedicated to helping Veterans, young professionals, and families invest and build financial freedom with real estate joint ventures and syndications. He is currently serving on the Joint Staff at the Pentagon. Clif is a Missouri native and enjoys supporting all Missouri professional sports, as well as skiing, golfing, running, and weight-lifting. Snapshot: What is your number one failure in real estate? What is your advice for active duty military who want to get into real estate investing? What inspired you to serve your country? What is your dream? Quotes: "You’ve got to find a way to try and get to that yes. Ethically, responsibly, fiscally, and everything."   "People are excited to invest in something a lot more reliable. Diversification is important, and people do value that. " Connecting with the Guest: LinkedIn | Website | Instagram | Facebook Email: Clif@upwardcapital.us     
46:18
November 19, 2020
L: Finding the Best Business Partner T: Life is Hard Tegardless of our Path
A business relationship, though strictly business, heavily relies on the relationship part to work in order for the business to thrive.   You find a partner and of course, in the beginning, you aspire to share the rewards. But what about sharing the responsibility and properly assigning the right person for all the tasks? In this video, Anthony Pinto elaborates on all of the prospective aspects of finding someone who shares not only the business end but the overall vision and passion to succeed. Please click the link for more of our content https://linktr.ee/pinto.capital
13:01
November 18, 2020
PCI Teaches Sourcing a Deal
Building a network is essential to any real estate investment. Imagine opening up more opportunities for deals and unlocking perspectives surrounding them so that you can get the best out of it. Anthony Pinto explains it all in-depth for you in this video. Please click the link for more of our content https://linktr.ee/pinto.capital
17:57
November 16, 2020
Episode 44: Real Estate Rookies Part 2: Jun Shin
Today we have Jun Shin as a guest for our episode. Currently an Information Professional Officer in the Navy, Jun is very passionate about Real Estate Investing. When Jun was diagnosed with cancer during his Firstie year, he had a realization and a goal to have financial freedom. If you want to learn how to invest in real estate and be financially free head on to my Linktree to get the full details! In this episode, we explore: Transitioning to Real Estate Investing Process of Learning Real Estate Investing Meeting people during Meet-Ups Finding the first property What is House Hacking Transitioning to Commercial Multifamily Investing Connecting Investors on LinkedIn Biggest Challenge in About Jun Shin: Jun is an Information Professional Officer in the Navy currently stationed in Norfolk, Virginia. His real estate investing career began in 2019 when he purchased a duplex to house hack shortly after graduating from the United States Naval Academy. He is now determined to achieve Financial Freedom through Commercial Multifamily Investing within the next 5 years. Passionate about giving back, he is committed to help 1,000,000 children with cancer in his lifetime, a personal goal he hopes to expedite through donating 20% of his earnings from his company Brighter Future Capital, LLC. USNA’19 VA Rehab Loan House Hack Cancer survivor Snapshot:  What is your number one failure in real estate? Property Management which is self managing. I was a little too lenient to a couple things like always helpful. What is your advice for active duty military who want to get into real estate investing? Just do it. Just take action. Document everything will be a great one when doing the rehab and all the process. Take videos of the whole process, before, during and after. Take notes about what you learned in the journey. What inspired you to serve your country? Everything was tough and my dad worked a bunch of jobs and finally he owns a restaurant business and I think it’s possible because of how great the country is and it’s really good at rewarding hard work ethic and my father was an example of it. And the best way to give back was through the military and that’s why I decided to join after high school. What is your dream? Through financial freedom, live my life on my own terms and spend it with my family, take care of my parents, my brothers and my own family too. All that is great but I also have a personal goal to help 1 million children with cancer. Quotes: Before you learn how to invest in real estate, you have to learn how to manage your money first. When you surround yourself with people who know a lot more, and who’s done a lot more, then you start absorbing all of that and you start becoming like them. Connecting with the Guest: LinkedIn | Website | Instagram | Facebook Email: jun@brighterfuturecapital.com
40:36
November 12, 2020
L: Control What You Can Control T: What's Going on with the Market lately
What makes us human is the ability to adapt and make choices on how and when we solve things that we can control. So how about the things that we can't? We don't give up, because we have taught ourselves the resilience to learn new things and move forward. We shine and become even more accomplished because we use the ability to take a negative situation and turn it around to a positive one. Please click the link for more of our content: https://linktr.ee/pinto.capital
11:58
November 11, 2020
PCI Teaches Cap Rate
If you've ever needed extra insight on determining property value as a tool in your real estate investments, the cap rate is for you. Let's take all this valuable information from Anthony Pinto himself and watch this video now.
16:18
November 9, 2020
Episode 43: Real Estate Rookies Part 1: Bo Goebel
In our episode today, we are joined by Bo Goebel, who is the Managing Member of Riverside Investment Group- a value-based real estate investment firm. Bo has been doing Short-term rentals and recently started in Multi-family while being active in service. Bo's passion and hard work are quite evident in his success in all these niches that he has ventured in. Now that's some challenging hustle! Do you think you can take this type of challenge? Check my Linktree and see how Bo and then YOU can make it all happen. In this episode, we explore: Started in commercial property Knowing good properties How to do good deals Importance of mentorship Meet-ups provide value to people Leveraging relationships with brokers About Bo Goebel: Bo is the Managing Member of Riverside Investment Group- a values-based real estate investment firm. His team specializes in partnering with investors to purchase under-performing apartment complexes, then repositioning the properties through a value-add business plan. They are passionate about providing immense value to residents, investors, and the communities they serve. He is enthusiastically pursuing the goal of 1,000 units under management in the next 5 years. Bo is currently a Captain in the US Army, where he serves as an Infantry Officer. He is currently serving as the Commander of an Infantry Company of 260 Soldiers at Ft. Benning, GA. His other military positions and accolades include graduation from Ranger School, a deployment to Iraq with the 101st Airborne Division in support of Operation Inherent Resolve, and the leader of the “Presidential Escort Platoon” as a member of the prestigious “Old Guard” in Washington D.C. His other real estate experience includes short-term rental properties, house-hacking, and BRRRR method. He currently has $3.4 million AUM. Bo’s married to the most wonderful woman he knows, Tara Layne and has two children and is expecting his third in March 2021. Snapshot:  What is your advice for active duty military who want to get into real estate investing? What is your number one failure in real estate? Why did you initially join the military? What is your dream? Quotes: Find people and then ask them as many questions as possible and be respectful of their time and provide them value. 16:14 - 16:23 Connecting with the Guest: LinkedIn Email: bogoebel@riversideinvestmentgroup.com Phone: 812-205-7379
43:30
November 5, 2020
L&T: L: What You Think You Know That Just Ain't So, T: Active vs. Passive Investors
Anthony Pinto starts with an eye-opener on how we can’t ever be complacent on the things we think we know so well but turns out that we don’t. He assures us that getting into multifamily is not as difficult as most people would believe plus how anyone, whether on active-duty or civilian, can either become a passive or active investor. From funding to finally owning your investment property, there are many options available depending on the level of involvement you would prefer. Let’s tune in!
10:39
November 4, 2020
PCI Teaches: TSP Loan
If you're in the military or a government employee thinking about preparing for retirement, this video is for you. The Thrift Savings Plan (TSP) is often used by military members as a retirement nest egg but it can be so much more than that! Let's take a seat with Anthony Pinto and learn more about TSP loans and how you can make your money work for you!
16:28
November 2, 2020
Episode 42: Everything You Need to Know about the 1031 Exchange with Michael Brady
In this episode, we welcome our awesome guest Michael Brady. He is the Executive Vice President of Madison 1031 Exchange where he shares his ups and downs, tips and knowledge in 1031 exchange investing. He discussed how to dive into real-estate with a right mindset. Stay tuned for this interesting episode! In this episode, We explore:Lessons learned in his 1031 Exchanges journeyThe Power of 1031 exchanges in investing Tax savings benefit of 1031 exchanges Opportunity zone vs. 1031 exchangeHow does 1031 exchange work?Why you need Qualified IntermediarySyndication vs. 1031 ExchangeImportance of alignment of IRSPartnership structure in 1031 exchange and SyndicationRight mindset in 1031 exchange investingAbout Michael Brady:Michael S. Brady is Executive Vice President of Madison 1031, a national Qualified Intermediary for tax-deferred Exchanges pursuant to Internal Revenue Code §1031. As a Certified Exchange Specialist® and attorney, his responsibilities include consulting with clients and their advisors to provide guidance on the regulations affecting §1031 Exchanges, as well as overseeing Madison 1031 Exchange’s national sales and marketing efforts. His seminars have received rave reviews for being both entertaining and informative, and his audiences have included top law and accounting firms as well as brokerage companies nationwide.. Prior to joining Madison 1031, Mr. Brady headed up three other leading 1031 exchange companies, overseeing several thousand 1031 exchange transactions during his career. As an attorney, Mr. Brady has over 25 years of experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters, and has acted as general counsel to a title insurance companySnapshot Round:What is your number one failure in real-estate?so my personal one, actually, we bought a primary residence. Now not an investment so much. So I had the opportunity when I was much younger to go buy a piece of property. out east I live on Long Island in New York and I had some the opportunity to buy some property, or a house actually, in an eastern part of Long Island. But at the time, it was number one, it would have increased my daily commute as an attorney by about 40 minutes. And it also was probably double the price of what I actually paid for my head, the house I did wind up in, and of course, double at that point, if you could believe this or not, it was a difference of going from, I think $150,000 to $300,000. Right? So we're not talking about 500 to a million. Now the money seems so small, but back then it may as well have been a million dollars and so that property is probably worth multiples of what my current house is but also just was such a beautiful house and if I had scratched and kind of tried to make a thing, make it work and I wound up leaving that job anyway, working closer. So that's the downside for the clients, though, the biggest issue that I see is people who wait till that last minute and then they rush and they buy garbage, right? So I always say I'm answering one of your other lightning round questions. But you're better off paying taxes than buying a bad real estate investment with taxes, what your downside is you're going to pay 30%. If you're buying a bad property, you can lose a lot more than 30%. So in many cases, you might be better off paying the taxes.What is the number one thing that's contributed to your success?Curiosity and education. So I'm just a person that loves to learn and I'm constantly reading, attending seminars. And the more information you have, and anybody getting involved in real estate, the more information you have, the better off you'll be if you can understand things like cap rate, if you can understand cash flow, cash on cash return, if you can understand demographics of a neighborhood and kind of look ahead and see, you know, what might create value that's not presently in a propert
42:58
October 22, 2020
L&T: Awareness Brings Change and Miracle Morning Part II: Affirmations
How aware are you of your own life? Do you practice self-affirmation? Pinto Capital Investments is proud to present another Learn & Teach featuring…Learn 📖: Awareness for development.Teach ✏️: Miracle Morning Part II: Affirmations. Hear the highlighted points of…👉 How to overcome your past mindset to define your present and future👉 My personal experience of how awareness removed negative energy and thoughts from my daily life👉 The importance of affirmations and how “The Miracle Morning” by Hal Elrod inspired this I hope you enjoy this! Let me know if you have anything you would like to share in the comments below!#pinto #capital #realestate #learnandteach #awareness #development #overcomemindset #affirmation #miraclemorning #halelrod
10:25
October 21, 2020
PCI Teaches: New SEC Definition of Accredited Investor
Do you know what an accredited investor is? Did you know that the SEC updated the definition recently for who may qualify as an accredited investor?This week’s PCI Teaches 📝 looks at…Securities and Exchange Commission: UPDATED ACCREDITED INVESTOR DEFINITIONHear the highlighted points of…✅ What defines accredited investor status after the most recent update✅ Professional certifications, designations, and credentials that qualify an accredited investor ✅ How your business, such as an LLC, may qualify you as an accredited investorThese new updates open up a great amount of exploration for newly found accredited investors. Remember to educate yourself before investing in any traditional or alternative investment!
08:55
October 19, 2020
Episode 41: Breaking Down Mobile Home Park Investing with John Brinkos
In this episode I’m together with our fellow Virginia investor John Brinkos. We talked about how he started to acquire assets with his wife, what made him decide to want more and step up into real estate investing. He shares valuable tips and knowledge to real estate investing especially in mobile home parks. Don’t miss this! Stay tuned.   In this episode, We explore: Mobile Home Parks Investing Tips on getting started on Real-EstateHow did he acquire his first property?Partnerships/ Joint Venture while getting started in investingPerks of having mobile home parksMulti-family vs. Mobile Home ParkMobile Home Parks maintenance and ownershipTenant Management How does mobile park homes' income different from multi-family?  About John Brinkos: John retired from the US Navy as a Master Chief nuclear operator after 28 years of service and now works as a Program Manager of a program responsible for revenues of over $20,000,000 annually. He Has been investing in real estate for the past 6 years and currently operates 19 properties covering 29 units. He is a Platinum member of J. Scott Sheel’s Commercial Academy and a graduate of the mobile home university run by Frank Rolfe. He has been actively investing in the Hampton Roads area of Virginia and has executed single family flips and holds SFH and MFH using the BRRR method. He has acted as the project manager for his flips, actively and passively managed his long term holds. He focuses on finding, purchasing and holding mobile home parks in the Midwest, Texas, and the East coast of the United States.   Snapshot Round: What is your number one failure in real estate? waiting till I was in my late 40s to get started, If I go back and back test everything If I could go back to my early 30s when I bought my first home, I just kind of think about where I would be now had I kept I kept my nose to the grindstone and didn't get scared. What nugget of investing knowledge you have to give to someone who is just starting out, whether they're 20, 30, 40? Learn as much as you can. But don't let learning stop you from getting started. I think you can learn as you go, but there are some books or two that can provide enough of a baseline to walk into a deal. I kind of hit on three points. Don't wait until you're totally comfortable because it’s got to be something that you're pushing yourself towards.  And you're always going to be scared when you're doing that. So don't wait until you're comfortable. Because if you do that you'll never get started. You make yourself more comfortable by learning. So go learn and teach yourself and read. And then when you're ready to go find somebody who can be a mentor for you, that has been there and done that.  That's what the whole idea behind the real estate meetups are your local networking events, you can go to tech, just go talk to a real estate agent who has helped an investor buy a home and see if they're willing to create a contact and you go by a guy or girl a cup of coffee, who has already bought an investment property and talk to them. But don't wait until you're comfortable. Because if you do that you're never going to get started. What is one number one thing that's contributed to your success?  I don't want it to sound like it's conceited. But making the decision that I'm going to do it is the number one thing and like I said before, you're going to be uncomfortable. But if you make the decision that you're going to do this period, you're going to go find a mentor, you're going to go find the people, they're going to help you, go read the books. The number one thing that has contributed to my success is making a decision that this is the way that I'm going to create generational wealth for my family. That's that's the thing that led to success.  What is your dream? The dream or the thing that's driven me the most is that we as military members have kind of not been in control of most of the things that we have to deal with in life.  I had to leave my kid
50:31
October 15, 2020
L&T: Viewing the World From a Different Perspective and the Importance of Self-care
Do you try to view a situation from another party’s perspective? How often do you practice self-care?  Pinto Capital Investments is proud to present another Learn & Teach featuring… Learn 📖: Everyone views the world from a different lens, and people should not be judged because of it.Teach ✏️: The importance of self-care.  Hear the highlighted points of…👉 My thoughts on the book “How to Win Friends and Influence People” by Dale Carnegie👉 How self-care can affect your output moving forward👉 Identifying your priorities and seeing how you can adjust to focus on them
09:30
October 14, 2020
PCI Teaches: SEC Regulation Exempt Offerings
Do you know that a syndication in real estate is defined as a “security”? Want to learn more about the types of exemptions for securities the SEC defines? This week’s PCI Teaches 📝 looks at…Securities and Exchange Commission Regulation and Exemptions in Real Estate Hear the highlighted points of…✅ Types of exemptions defined by the SEC for real estate investing✅ What to know before entering a syndication as a general or limited partner✅ Following security laws on a federal, but also state level dependent where a property is locatedWe hope you enjoy learning about these exemptions, and hope you are able to apply it into your own real estate ventures as well. Remember to consult a professional legal advisor when pursuing these types of ventures.
13:30
October 12, 2020
Episode 40: Improving Investor Relations: Groundbreaker with Jake Marmulstein
In this episode, we welcome Jake Marmulstein,  CEO of Groundbreaker where we tackle the processes, and his journey building his own company that really helps investors in the real estate industry. He gave some tips and advantages of having an automated system especially in these new norms. Don’t miss this interesting episode! In this episode, We explore: Advantage of Technology in investingHow did he start to create his own company ( Groundbreaker)What does Groundbreaker offer?How Groundbreakers help investors relations?Automation process tips for passive investing?Humanize Investor RelationsMarketing strategy and building relationshipChallenge on having automated system and scaling up the businessImportance of consistencyAbout Jake Marmulstein: Jake started doing the underwriting for hotels, exploring the market and taking advantage of the technology that leads him to create the Groundbreaker. Jake held a number of roles involving real estate and technology, supporting the growth of early stage digital technology ventures while working with the government on foreign direct investment by Fortune 500s. In 2011, he started his career in real estate, underwriting hotel investments for Watermark Capital Partners. He graduated from Cornell University with a major in Hospitality Management and minored inReal Estate. At Groundbreaker, Jake owns the Company strategic vision and execution.Snapshot Round: What is your number one failure in real estate?Understanding exactly the right operating metrics for an asset, and being able to hone in on what the expected metrics are, and the right assumptions in a model really helps being more conservative, and planning for the worst thing to happen.What is the number one thing that has contributed to your success?Self-belief. You can try to do everything, right, but there's gonna be bad days, there's gonna be tough times. And you just have to believe that you can do it, that it's gonna get better. We're emotional beings as humans. So we kind of tend to doubt ourselves sometimes and go through stuff that gets into our, our, our head, but you can only really control that which is within your locus of control, and your mind is actually a pretty significant factor in that. So if you're able to keep your head straight, and stay positive and focused, then you will get through whatever it is that's challenging you, and you'll overcome it.What is the one nugget of investing knowledge you want to give us?with regard to people and processes and systems, always try to do your best to understand what you're getting and value things appropriately. But don't be too cheap, or economical. As we might say, paying for quality is totally worth it. If you don't have time to do something. Like if you don't have the time to do something, once, don't do it twice. So just invest in quality decisions. And you'll get further faster.What is your dream?Personally, want to take the experience that I get from being an entrepreneur here in groundbreaker and be able to impact a lot of other entrepreneurs and businesses, I want to lend my knowledge and experience to help them grow faster, scale faster, and bring ideas into this world that need to be commercialized, that are going to create impact. I think I can already do that right now. But I want to be able to do that more and more gives me a lot of satisfaction to help other peopleQuotes: ” Time is money. And the more time that we can make available to ourselves, the more time we can spend on things that make us a lot of money” “Be really conservative and, and ruthless about kind of keep making the deal more pessimistic looking. So you can kind of exceed the expectations that you set” “You can try to do everything, right, but there's gonna be bad days, there's gonna be tough times. And you just have to believe that you can do it, that it's gonna get better” “If you're able to keep your head straight, and stay positive and focused, then you will get through whatever it is that
33:31
October 8, 2020
L&T: Expect the Unexpected and Dealing with Trash in Japan
What does “expecting the unexpected” mean to you?Pinto Capital Investments is proud to present another Learn & Teach featuring…Learn: Expecting the unexpected.Teach ✏️: Unique aspects of Japanese trash culture.Hear the highlighted points of… My personal experience involving a fire that damaged a property we recently closed in March How lending fell through on an asset we are pursuing and how the team handled it The trash system in Japan and the larger meaningI hope you enjoy this! Let me know if you have anything you would like to share in thecomments below!
09:43
October 7, 2020
PCI Teaches: Retirement Fund Investing Part 3: eQRP
Do you know what an eQRP is? Have you seen this term being used but want to learn more?This week’s PCI Teaches looks at…Part 3: Using an eQRP (e-Qualified Retirement Plan) for Alternative Investments such as Real EstateHear the highlighted points of…✅ The benefits of the eQRP, a tax-sheltered vehicle created by Mr. Damion Lupo✅ The annual contribution limits, purchasing life insurance, hardship withdrawals, and catchcontributions✅ Startup costs and whether it is the right tool for youThank you for tuning into this 3-part series on using retirement funds to invest in real estate.Retirement funds are just one of the many ways aspiring investors can get involved in the real estate space! If you have other topics you would like to learn about, let us know in the comments or shoot us a direct message.
11:18
October 5, 2020
Episode 39: Lessons Learned in Taking Down 1275 Units in One Deal with Jorge Abreu
In this episode we talked about how Jorge Abreu started in the real estate industry. We discussed how he found his path from an engineering to multi-family real estate investing and shared all his lessons learned, tips and wisdom on helping others to invest and build their wealth. Don’t miss this episode!  In this episode, We explore: Why he doesn’t pursue his engineering degreeHow did he start flipping to a construction companyHis single family to multifamily journeyCorporate Job vs. Real Estate InvestingHow to massively find a dealImportance of networkingWhat is his due diligence in closing the dealHaving a software systemAdvantages of having a construction companyRenovation tipsImportance of a team  About Jorge Abreu:  Jorge started as an electrical engineer and realized engineering wasn’t for him and decided to jump in real estate investing. Now, Jorge is the CEO of Elevate Commercial Investment Group. Jorge has been Investing in Real Estate full time for over 14 years. He started in Single Family and small Multifamily properties. He has wholesaled over 200+Properties, Fixed & Flipped over 100+ properties and developed several new construction projects, over $8M in ground up. He solely focused on large Multifamily properties.   Jorge is currently an Active & Passive Full Time Multifamily Real Estate Investor. he has 1,720 Doors on the GP side & over 1,400+ doors on the LP side. Also a member of the 2019 Forbes Council of Real Estate. Also, owns a construction company, JNT Construction, that focuses on helping Multifamily Investors with their full renovations.   Snapshot: What is your number one failure in real estates? Not starting multifamily sooner. What is the number one thing that has contributed to your success? Number one is focus. As soon as I started focusing on multifamily that's when things started happening. What is the one nugget of investing knowledge you want to give us? Don't be afraid to go outside your backyard. And if you've got good systems, or if you can build those systems, then don't let that restrict you. Because you can take those systems pretty much anywhere.  What is your dream? I want to build massive wealth. I don't want that wealth to have all these different cars and all these different things, I just want the best possible life for my children and their children and to be able to give back  Quotes:   “ Success leaves trails” “ Conquer one thing, and then move on versus trying to do it all at the same time” “ Don't be afraid to go outside your backyard. And if you've got good systems, or if you can build those systems, then don't let that restrict you. Because you can take those systems pretty much anywhere.”  You can find Jorge Abreu on: facebook: https://www.facebook.com/jorge.abreu Website: https://www.elevatecig.com/ Instagram: https://www.instagram.com/jorgemultifamily/ Linkedin: https://www.linkedin.com/in/jorgelabreu/ -- Connect with Anthony Pinto: Website: https://pintocapitalinvestments.com/ Podcast: https://podcasts.apple.com/us/podcast/the-lessons-in-real-estate-show/id1495743282 Facebook: https://www.facebook.com/pintocapitalinvestments/  YouTube: https://www.youtube.com/channel/UCfFgCdLdsnZzbgDBxcSFe_Q?view_as=subscriber
36:49
October 1, 2020
L&T: Taking Life for Granted and The Miracle Morning Part 1: Silence
Do you ever think about how much one may take for granted without realizing?  Pinto Capital Investments is proud to present another Learn & Teach featuring… Learn 📖: Being appreciative of actions or ideas that may be taken for granted. Teach ✏️: The miracle morning: Silence.  Hear the highlighted points of… 👉 A story from a friend in the military whose orders changed and how that impacted immediate surroundings 👉 Reflecting on how thankful you are for others, but also how your own actions affect others 👉 How I incorporate the miracle morning into my daily life
11:11
September 30, 2020
PCI Teaches: Retirement Fund Investing Part 2: TSPs and Private Money
Do you have money sitting in your IRA account that is stagnant or not making a return? Similarly, are you in the military and have the same situation with your Thrift Savings Plan?  This week’s PCI Teaches 📝 looks at… Part 2: Using your Thrift Savings Plan or using Existing IRA Money for Hard Money Loans Hear the highlighted points of… ✅ The definition of “hard money loan” using your IRA ✅ Restrictions that apply for using IRA funds for a hard money loan ✅ Taking a loan against your Thrift Savings Plan (TSP) ✅ How COVID has changed some regulations regarding use of retirement funds for alternative investments Remember, this is part two of a three-part series! Tune in next week for Part 3 on what an eQRP is and how to use one.
17:36
September 28, 2020
Episode 38: Spanning the Cultural Investing Gap with Billy Keels
In this episode, we welcome our fellow overseas investor, Billy Keels. We dig into his side of international real estate investment experience. He shares how he sees opportunities where others often don’t in real estate and completely shifted his paradigm. We discussed his setbacks and relationship-building tips. Stay tuned!  In this episode, we explore: Common threads with investing overseas. How his pitfalls turned into new opportunities  Setbacks in real estate Tips on overseas investors that don't know where to startHow to overcome the challenges in real estate investingHow to get over the language barrierApproach to other investorsTechniques to find a network in different countries Finding common interestCreating genuine and quality relationshipKey on building relationship About Billy Keels: Bestselling author, speaker, educator, entrepreneur and long-distance investor Billy Keels founded KeePon to build a bridge between investors in Europe with impressively cashflowing properties in the United States. Living in Barcelona, Billy conducts business in Spain while owning multifamily properties and real assets in the USA.  A seasoned professional investor, he's made mistakes, taken action to learn from them and uses those lessons as a foundation to bring more value to his investors, students and teams.  Using many of the principles he learned first from reading Robert Kiyosaki’s Rich Dad series, Billy has carved a niche for himself as a real estate entrepreneur. Using systems and strategies unique in the investing world, Billy now shares what he knows online in videos, podcast interviews and written content that is archived on his website at www.billykeels.com   Snapshot Round:  What is your number one failure? My number one failure in life in general is sometimes not to move fast enough. In real estate was not to do the due diligence that should have been done. I got lazy, and that laziness cost me about $22,000 and just in general, sometimes I want to continue to move faster and faster and faster. What is the number one thing that has contributed to your success? Team, without a doubt. That is in my corporate life, that is in my real estate business. It's without a doubt having strong, competent team members in that challenge have helped to move us forward and focus on our customers.   What is the one nugget of investing knowledge you want to give us? Start before you're ready, because if you do things like I did you being putting it out there. I used to be the typical student that got everything right and rise, but sometimes it doesn't need to be 100%. It just needs to be good enough to be able to get to the next thing while you figure out it's not perfect. How do you fix it? How do you adapt it and go from there.  What is your dream? The dream that I have every day is now to be able to number one create a future for my children that I didn't have, and ultimately, is to be able to live very freely between Spain and the United States. Being able to do that on my own time when I'm ready. And that's part of the process that I am in right now.  If you had to pick it up all the countries you visit to, where would you recommend go travel? If you had only one country you could visit? I would say in this partly I guess this is my own influence. I really fell in love. Stuff between the Seychelles in French Polynesia. I tend to like the beaches and I like the sun and new moon maybe.  You can find Billy Keels on: Website: http://keeponcashflow.com/ Email: info@keeponcashflow.com Linkedin: https://www.linkedin.com/in/billykeels/  Connect with Anthony Pinto: Website: https://pintocapitalinvestments.com/ Podcast: https://podcasts.apple.com/us/podcast/the-lessons-in-real-estate-show/id1495743282 Facebook: https://www.facebook.com/pintocapitalinvestments/  YouTube: https://www.youtube.com/channel/UCfFgCdLdsnZzbgDBxcSFe_Q?view_as=subscriber
34:33
September 25, 2020
Learn and Teach: Taking a Reset and Investing in Yourself
Have you ever felt overwhelmed and feel like you may need a “reset?    Pinto Capital Investments is proud to present another Learn & Teach featuring… Learn 📖: Taking a reset. Teach ✏️: Investing into yourself and personal development.  Hear the highlighted points of… 👉 How my “reset” helped me refocus and refine processes involved in my business 👉 Coordinating with those involved in your business and reassessing where to improve processes 👉 How to invest into yourself and set aside funds to accomplish this goal monthly
09:14
September 23, 2020
PCI Teaches: Retirement Fund Investing Part 1
How much do you know about using your retirement funds such as a 401k, IRA, or TSP to invest into alternative investments such as real estate?  This PCI Teaches 📝 looks at… Part 1: How to Use Retirement Funds to Invest to include a Self-Directed IRA and Solo 401k Hear the highlighted points of… ✅ Common myths associated with using retirement funds to invest into alternative investments ✅ My personal experience with moving from a Roth IRA to a Self-Directed IRA and the process ✅ Types of investments that IRA funds can be used to invest in which includes real estate ✅ The origins of a Solo 401k and the basic qualifications  Connect with Anthony Pinto: Website: https://pintocapitalinvestments.com/ Podcast: https://podcasts.apple.com/us/podcast/the-lessons-in-real-estate-show/id1495743282 Facebook: https://www.facebook.com/pintocapitalinvestments/  YouTube: https://www.youtube.com/channel/UCfFgCdLdsnZzbgDBxcSFe_Q?view_as=subscriber
16:54
September 21, 2020
Episode 37: Apartment Investing from Overseas with Adam LaBarr
In this episode, we welcome our incredible guest Adam La Barr speaking in getting into syndication with the right mindset. We talked about his inspirations and unique challenges encountered, how to get started and understanding the knowledge of real estate investing. Stay tuned! In this episode, We explore:Challenges of being in JAPAN while dealing with other brokers investorsUnique Challenges in investingImportance of having a right partner or teamBenefits of getting into a mentorship groupProblems encountered in managing a propertyJoint Venture vs. SyndicationHow to deal with SyndicationInvestor Relations SkillsHow to get started in real estateMobile Home Park vs. Multi-family About Adam La Barr Adam is an Air Force veteran. He got into real estate because of his wife. He bought his first apartment building from Japan as a 62 unit. Got into a mentorship program and went to a couple different education conferences, and since then got into 132 units syndication while also living overseas and now owns over 340 doors and is climbing. He helps people build financial future through real estate and provide solid investment returns for passive investors. Adam also brings fellow and future investors to the next level with one-on-one coaching.Snapshot:What is your number one failure?I would say my number one failure by far was not doing a proper amount of due diligence on my first deal. But it's hard to call it a failure because I have learned so much that is going to help me beyond belief on all of my other deals. What is the number one thing that has contributed to your success?I would say team, right, building teams around me that have helped keep me on track helped get me on board. Military folks train around a specific group that they're involved in,.So we'll just mention navy seals, right. So navy seals, trained with other navy seals, obviously, they go outside of that as well. But they're training with their team, because that team is what gets you through the objective, And it's the same thing in a corporate building, we have to have a good team around us that is going to get us through the objective. So building that team around you and staying tight with a team, keeping that open communication is definitely I would say one of the biggest things that contributed to my success.What is the one nugget of investing knowledge you want to give us?I would say mindset I'm a huge proponent of mindset and getting your mindset right. My one failure wasn't a failure, Well, it wasn't a failure because I didn't let it become a failure, right. And because we have the right mindset for it, I have to focus on where I need me to focus my energy, put my time and focus and focus like four times.You need to have the right mindset. fixing your mindset, helps you to understand how to strive through difficult times, because you're going to have them, you're going to trip and fall and fall hard. But be ready for it. Have the right mindset and you're going to learn from it. What is your dream?My dream is I am obsessed with being a dad. I love it with everything that I am. I've wanted to be a dad since literally I was like 13 or 14 years old, I've always just wanted to be a dad. And now that I am I want to spend as much time with them as humanly possible, and raise my boys to be way better men than me. And I think the best way for me to do that is to have the time freedom to be able to dedicate whatever I need for them. So my dream is to be able to have all the free time I need with my boys and with my wife to be able to raise them to be proper men, and focus their energy and attention in the right spots, to again be better men than I am. So that is by far my dream and apartments are, multifamily investing is by far the best tool that I found that's going to get me there. Be able to get me the proper income that I need and the time freedom that I need to be able to spend that time with my family and do whatever, whenever I would like to. Yes, there sho
32:45
September 10, 2020
PCI Teaches: Economic vs Physical Occupancy
Takeaways Difference between physical and economic occupancy? How do they differ in numbers? Importance of underwriting the deal What does occupancy/ vacancy mean?  Physical occupancy is the percentage of units that have a signed lease and an occupied tenant. It's important to understand when you're underwriting your deal, which number to actually use and that's the economic occupancy. What are they actually getting in rents, either month. And some reasons why those numbers might be maybe radically different.
08:00
September 7, 2020
Episode 36: Building a Business by the Bootstraps with H Squared (Hutch and Heath)
Today in this episode, Join Anthony Pinto with Dr. Heath Jones and Shelon Hutchinson of HSquared Capital where you’ll be listening to their real life stories of how their side hustle turned into a passive income, Their dedication and the partnerships they formed made them a breakthrough into the real estate realm. We bring you the tips and strategies and the things they have learned along the way in their real estate careers. Don’t miss this episode!In this episode, We explore:How do they get in their way into real estate?Finding the right knowledge to get startedHow did they break away from a flipping and single family realm to multi-family?How does the side hustle turn into their real estate breakthrough.How they started their partnership, their limitations and gaps?The importance of getting educated before getting into real-estate Knowing the long term benefits of multi-family and commercial real estate Heath Jones Dealmaker Live Journey with Michael Blank, Matt Faircloth, Joe Fairless etc.-What are the benefits of going to real estate conferences, forums and events?Finding an accountable partner and getting deals.How to start investing in real-estate using VA loanAbout Heath G. Jones, Ph.D.Heath G. Jones, Ph.D. is a professional researcher with a degree in Neuroscience. He has over 15+ years of experience with data collection, analysis, and interpretation. He has developed and managed several NIH and DoD funded research projects totaling over 3.1 million in budget dollars. He just looked for a side hustle in google and real estate catched his interest. In the first month, He got a four unit under contract before he closed and  a 16 unit under contract and just been going gangbusters since he met his partner Hutch at dealmaker live and now started their own podcast named The multifamily real estate experiment podcast. Heath brings his laser-focus, determination, and passion that has helped him succeed in the tough world of science to the world of real estate investing. About Shelon”Hutch” Hutchinson:Shelon Hutchinson, is a Master Sergeant (E-8) in the United States Marine Corps. Throughout his 21 years career, he has served in many leadership roles in Marine Corps aviation. He started real-estate by the influence of his father who is a real-estate agent. He didn't have the right knowledge to go out. So, he educated himself first before jumping into real estate. He is also known as the “Marine Investor”. Hutch has successfully executed over $2.4 million in single-family real estate.transactions which includes over $870k as a real estate agent (currently not active). Hutch’s most recent real estate transaction is a joint venture syndication in the acquisition of a 55 unit portfolio in Spartanburg, South Carolina. Snapshot Round:Heath Jones:What is your number one failure?not submitting an LOI as fast enough on the property that I loved.What is your number one success?We've done five deals now. And the one that I like the best is this Mike the 16 unit. It was the first large one I got.did it all myself, which was a learning process itself and taught me that I want to partner as much as possible. I got it at a really good deal. The structuring was pretty creative. So as far as real estate, I think that's one of my base biggest successes as far as business, partnering with Hutch. That's the thing that's contributed to the success.What is one nugget of investing knowledge you want to give us?something that I've made it a point to share with anybody who is going to buy rental real estate and self manage it themselves. Or even if you're doing due diligence and you're not going to management, but you're walking through the place. The one thing, take this with you learners everywhere you go. “Do not open the fridge”I walked into a place that one of my units that got vacated. I opened it completely full. like condiments were fooled. Okay, everything's there. The freezer was full of meat. And I nearly knocked myself over from the smell
48:52
September 3, 2020
PCI Teaches: Vetting a VA
On this week's PCI Teaches, we discuss the 5 step process to vet your potential VA and make sure they are the best quality and fit for you.
19:35
August 31, 2020
Episode 35: Wholesaling to Acquisitions Wizard with John Okocha
John Okocha has been in the real estate industry for the last 6 years. He is the Vice President for Acquisitions for Elevate Commercial Investment Group based out of Dallas, TX. John is an integral part of the Elevate team and the growth of over 1700 Multifamily Real Estate units in 2019. John is a master at assessing and analyzing property and market fundamentals for new property acquisitions as well as creating, maintaining, and updating financial models of existing and potential new investments. John is an amazing listener and therefore builds strong relationships with brokers, property owners and passive investors. He works relentlessly to make sure Elevate can acquire properties at a good price so that we can deliver higher than average returns to our investors.  Takeaways: For multifamily side, know the numbers and know the market and be able to recognize.Relationship with a broker is the most important thing.“Attach yourself to someone who has a good track record”.The important thing to do when it comes to achieving your goals, is taking action, collect some information. If you're going in the wrong direction, you can always pivot and move in a different direction. Snapshot Round: What is your number one fail in real estate? I would say my number one failure in real estate is not getting started earlier.What is the number one thing that's contributed to your success? I think passion, I think energy having the energy to do it and just getting doing something that excites you.What is one nugget of investing knowledge you want to give us? I think I've mentioned earlier, take action.What is your dream? I dream would be to manage a fund, a fund that invests in multiple asset classes, real estate, companies.  John’s Contact: Facebook: https://www.facebook.com/john.okochaLinkedin: https://www.linkedin.com/in/john-okocha-0132a55a/
30:47
August 28, 2020
PCI Teaches: Finding A VA
In this week's PCI Teaches, we discuss the two main ways to find a VA, how to properly post a job posting and why you want to properly vet a employee.
19:43
August 24, 2020
Episode 34: Retirement into Real Estate with Keith Kulow
Keith Kulow is a career Naval Officer, Naval Aviator, and Experimental Test Pilot, who retired from Active Duty and entered civilian enterprise in the fall of 2019.  As an award-winning squadron commander, and gifted planner and communicator, he has a passion for and track record of leading teams tackling complex organizational and technical problems to successful solutions.   After his service, instead of joining the Defense Industry or entering Corporate America, Keith decided to try to make his fourteen year side hustle, real estate, work as a full-time endeavour.  He and his lovely wife Susu now own and operate a growing portfolio that includes six buildings and over 50 units. Meanwhile, Keith remains an avid pilot with over 3,000 flight hours in 27 aircraft types, ranging from fighter jets to vintage helicopters.  He is a passionate two-wheeler, lifelong adventurer, and calculated risk-taker who secretly harbors dreams of one day growing up to be what he has always wanted to be: a ski bum in winter, and motorcycle guide by summer.  Takeaways: The appealing about real estate investing is the ability to set your own and manage schedule. Start to build your network by joining local investing club, get involved in bigger podcast and find a mentor. Find individuals that are going to make your business take off and do that as early as possible.  Snapshot Rounds: What is your number one failure in real estate? My number one failure was that first house that I bought, converted to a rental out of necessity, and I hung on too long.What's the number one thing that contributed to your success? I would say attention to detail and being prepared is a would be the other only other thing that really comes to mind.What is one nugget of investing knowledge you want to give us? Everything that you do, think about what could go wrong, and and plan for it and a perfect example.What is your dream key? I wanted to I was proud of my service. And I had a great time I did everything I wanted to do in the Navy. Keith’s Contact: Linkedln: https://www.linkedin.com/in/keithskulow/
35:05
August 21, 2020
PCI Teaches: 3 Reasons Why You Need A VA
It's Monday, which means it's time for another PCI Teaches. The next three weeks we are going to be talking about Virtual Assistants or VAs. This week we discuss what they are, who they are and why you need them.  Check out the next two weeks to see where to find VAs and how to vet VAs.
17:13
August 17, 2020
Episode 33: Capital Raising Tips with Anthony Pinto
Over the past few months, I have went from raising $50k for a triplex to personally raising over $1.5M on over 220 units. Here are 5 tips when you first start raising capital.
16:44
August 14, 2020
PCI Teaches: 5 Ways to Make Money in Multifamily Real Estate
In this week's PCI Teaches we discuss the 5 ways to make money in Multifamily real estate: 1. Cashflow, 2. Appreciation, 3. Loan Paydown, 4. Depreciation and 5. Fees.
11:55
August 10, 2020
Episode 32: Crushing Your Goals while Serving with Kevin Brenner
Kevin Brenner is an Active Duty Air Force Captain (Weather Officer), Co-Host of the Active Duty Passive Income Podcast. Multifamily Real Estate Investor, Coach, Mentor, and Founder of ADPI's Action Takers Only Mastermind (Operation A.T.O.M.).    Beginning his real estate adventure in early 2018 after reading Rich Dad Poor Dad, Kevin found his niche in small multifamily apartments.  In less than 10 months, Kevin had gone from knowing nothing about real estate to amassing a small portfolio of 8 cash flowing units.  After rehabbing most of his portfolio, Kevin has been able to over double the gross income allowing for the portfolio to pay for itself month after month.  Paying it forward has always been near and dear to Kevin's heart.  That's why he is starting an initiative to use a portion of his portfolio to house homeless veterans in need.   When he's not actively growing his real estate portfolio, underwriting deals, networking, podcasting or coaching, Kevin enjoys spending time with his fiance Beth, playing volleyball, cycling, reading, traveling, and riding his motorcycle through the nation's capital.  Takeaways: VA loan is an entitlement for active duty service members and other service members if they qualify, depending on Veterans. It doesn't matter if you don't make that goal, because as long as you're hustling and working towards it, the steps that you're making is better than no steps at all.What I’ve learned in the military for being a successful entrepreneur is my leadership training.Military members are uniquely set up to transition to the business world and in real estate in general.  Snapshot: What is your number one failure? I think my number one failure was I trusted a contractor.What is the number one thing that has contributed to your success? I would say it is my combination of my determination and my perspectiveWhat is one nugget of investing knowledge you want to give us? Do the steps that you need to do.What is your dream? My dream is to be financially free but to be in a position where I could not only just provide for my family but I want to be able to have the ability and not have the ties to the office or to a specific job. Kevin’s Contact: Instagram @investorkev or via email at kevin@activedutypassiveincome.com
42:33
August 7, 2020
PCI Teaches: Natural vs. Forced Appreciation
In this week's PCI Teaches, we dig in deep on the power of Forced Appreciation and why is makes Commercial real estate one of the best investment vehicle.
09:50
August 3, 2020
PCI Teaches: 10 Books to Get Started in Real Estate Investing
In this week's PCI Teaches, we break down 10 books to read to get started in Real Estate Investing. Check them out below: 1. Rich Dad Poor Dad by Robert Kiyosaki2. Secrets of the Millionaire Mind by T. Harv Eker3. Can't Hurt Me by David Goggins4. Your VA Loan: How It Can Make You a Millionaire by Phil Capron5. Raising Private Capital by Matt Faircloth6. Financial Freedom with Real Estate Investing by Michael Blank7. Best Ever Apartment Syndication Book by Joe Fairless8. Long Distance Real Estate Investing by David Greene9. What Every Real Estate Investor Needs to Know About Cashflow by Frank Gallinelli10. The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland Catch you next time on the Lessons in Real Estate Show!
20:07
July 27, 2020
Episode 30: From Childhood to CBRE with Cole West
Cole West is currently an investment advisor with ABI Multifamily located in Phoenix Arizona specializing with 100+ communities. Coles background begins in property management of his family’s portfolio since middle school when his father began to acquire property. Before entering college Cole has been exposed to multifamily for 4 years in the management field overseeing his family’s assets. Fast forward, after moving to Arizona as a senior in college while working at CBRE Cole participated in forty transactions with this team in 2019.  Cole prides himself in operating with integrity as he believes it is imperative to developing true meaningful long term relationships with investors across the US.   Takeaways:  In real estate, especially in multifamily and commercial real estate, the importance is having patience and understanding.Successful entrepreneurs see a long term plan than a short term plan.As an investor, the more money involves, the tougher the decision is and gets more emotional.The difference between large brokerages and smaller ones is the culture.  Snapshot Round:  What is your number one failure in real estate? I would say I would say just generally speaking, a lack of due diligence.What is the number one thing that has contributed to your success? Growing up in it and, and being on both sides of it from management, you know, kind of the capital side and now kind of switching sides to brokerage for a bit.What is one nugget of investing knowledge you want to give us? This is something General, but it's what I learned very early on is you're not doing yourself a favor. You're giving something and expecting something in return in this industry.What is your dream? Honestly, it would be kind of to be in your position.   Cole’s Contacts Linkedln: https://www.linkedin.com/in/cole-west-1376b5169/Website: https://www.abimultifamily.com/
39:38
July 24, 2020
PCI Teaches: Being an Active vs. Passive Investor
In this week's PCI Teaches, we discuss being a General Partner or "GP" and Limited Partner or "LP".
13:20
July 20, 2020
Episode 29: 1 Connection Can Change Your Life
Today's Topic revolves around the power of networking and how it can change your life. I discuss meeting my current business partner and how fate, hustle and this podcast brought us together. Catch you next time on the Lessons in Real Estate Show!
18:14
July 17, 2020
PCI Teaches: Analyzing a Market
In this week's PCI Teaches, we are going to cover how to deep dive analyze your market to determine if it is the best fit for you.
15:38
July 13, 2020
Episode 28: Weiss Advice on Cost Segregation Analysis with Yonah Weiss
Yonah is a powerhouse with property owners' tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving tens of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s also a real estate investor and host of the new podcast Weiss Advice. Takeaways: CSA – Cost Segregation Analysis The process of a CSA - cost segregation is a more advanced form of depreciation. You have to understand what depreciation is and why that's so beneficial. Depreciation allows you to literally write off the entire value of that building off Depreciation is accounting for wear and tear and value of building goes down overtime The key is constantly trying to add value to other people, helping other people giving to other people 10 times more than you would ever expect to receive in return.  Snapshot Round What is your number one failure in real estate? I feel go back to the fix and flips that he did a bunch of years ago and that was you know, just I think for a lot of people fix and flips are a learning experience. What is the number one thing that has contributed to your success?I think like we talked about before, giving, right being selfless, that's actually contributed to success.  What is one nugget of investing knowledge you want to give us? Do your due diligence.What is your dream?My dream is really to provide, for my for my kids. My dream is that they will be happy and kind of aligned with the same values that I know.  Yonah’s Contact: Website: https:\www.yweiss@madisonspecs.com www.yonahweiss.com Host of the Weiss Advice Podcast: https://podcasts.apple.com/us/podcast/weiss-advice/id1515387561
35:31
July 10, 2020
PCI Teaches: 5 Potential Markets to Invest In
This week's PCI Teaches is going to the basics. For all those beginner investors that don't know where to even begin looking for properties, this episode is for you.
11:10
July 6, 2020
Episode 27: Being 100% in Control of Your Destiny with Brian Briscoe
Brian Briscoe is cofounder of the real estate investment firm Four Oaks Capital, LLC, which currently holds nearly $8 million in assets under management. He is the host of the Diary of an Apartment Investor podcast, which brings together experienced and aspiring investors in its weekly “ask the expert” episodes. He is also a Lieutenant Colonel in the United States Marine Corps stationed at the pentagon until he retires in 2021. Takeaways: “Most biggest lesson I learned is I am 100% in control my destiny”. You can take life in your own hands, there are a lot better options for those who are willing to take advantage Be an entrepreneur and take control of their own life and go see the world. Having a mentor is important, treat it as your guidance.  Your mentor is not going to push you to the end if you're not willing to put in the time. You can spend all this money on mentors, but if you're not coachable, then it doesn't matter, you're essentially wasting your money. Snapshot Round:  What is your number one failure?I wish I would have a mindset shift earlier than I did.What is your number one success? My family What is one nugget of investing knowledge you want to give us? Go out and do it is what it is, don't wait to find the perfect opportunity. What is your dream? My dream is to be able to help people whenever I want.  Brian’s Contact: Website: https://fouroakscapital.com Email: brianbriscoe@fouroakscapital.com Podcast: http://fouroakscapital.buzzsprout.com/
45:01
July 3, 2020
PCI Teaches: Accredited vs Non-Accredited Investor
In this week's PCI Teaches, we are talking the key differences between an accredited and non-accredited investor and if YOU qualify as one or the other. Also because I am a history buff, we are going to get into the historical background of the term "accredited investor." Catch you next time on the Lessons in Real Estate Show!
20:06
June 29, 2020
Episode 26: Syndication Made Easy with Vinney Chopra
Vinney Chopra is a sought after multi-family syndication expert. Over the past 12 years he has honed his skills and has done 28 successful syndications, 14 of those being in past 3 years! He has achieved enormous success controlling over $330 million in this niche market. He and his 67 professional full-time team members manage all assets from acquisition till disposal. As the CEO of Moneil Investment Group that oversees his syndications, and as the CEO of Moneil Management Group that oversees his Properties. Vinney uses his proven ideas and techniques for multi-family syndication that has helped him grow his business exponentially over the years. Vinney is an international best-selling author of his book Apartment Syndication Made Easy: A Step By Step Guide and host of two podcasts: Syndication Made Easy and Mr. Smiles Motivation Talk Show.  Since coming to the U.S. more than 40 years ago with only $7 in his pockets, Vinney Chopra has achieved success in a number of arenas: marketing, motivational speaking and real estate investment, among them. Vinney is an example of what positive thinking can do to impact one’s life and that of others.   Takeaways: “Anything you want to do in life, just make up your mind, and the best thing is to never look back”. It is important that we feed our mind with the positive thoughts, because everybody goes through ups and downs in life Any real estate investor they should decide if they want to be in the single family home or multifamily home and then commit. Anybody starting right now in real estate, don't limit your thinking.   Snapshot Round: What is your number one failure?I would say what then we didn't do really good due diligence in some of the properties.What is the number one thing that has contributed to your success?I think it's been my positive outlook of life, my happiness, my smiling. What is one nugget ofinvesting knowledge you want to give us? I think the biggest thing is that you want to make up your mind in investing.  What is your dream?All that is to really help my seniors, fellow people to invest with us and with others, to teach them how they could get very good returns in real estate, of course, and then also to build senior living. Vinney’s Contact Details: Text-47-47-47 the words “Syndication” or “Learn”  Website: www.VinneyChopra.com www.Moneilinvest.com  Email: Jon@VinneyChopra.com
49:00
June 26, 2020
PCI Teaches: 506(b) vs 506(c) Offerings
Continuing the syndication topic from last week, this week's PCI Teaches discusses the SEC Regulation D Rules 506(b) and 506(c) exceptions when forming a syndication. It can easily get you in trouble if you don't know the ends of outs of these offerings. Listen and learn!
21:43
June 22, 2020
Episode 25: Fail Compilation with Stuart Grazier, David Pere, Jonathan New and Anthony Pinto
This month's Today's Topic is all about our failures. I live by the saying "You either succeed or you learn," so in honor of that let's listen to 3 experts in their fields about their failures throughout their real estate career.
33:39
June 19, 2020
PCI Teaches: Syndication vs. Joint Venture
In this week's PCI Teaches, we break down the key differences between a Joint Venture and Syndication and why you would want to use one over the other. Check out even more PCI Teaches at our Youtube Channel, Pinto Capital Investments.
13:22
June 15, 2020
Episode 24: Boosting Your NOI with Kevin Gardner
Kevin spent nearly 20 years with Comcast, including time as the Midwest Division Vice President of Sales and Marketing and as an Area Vice President. Throughout his career, Kevin was responsible for managing the team that negotiated telecommunications access agreements for cable companies with multifamily property owners. In 2007, Kevin started Telecom Marketing Strategies (Parent Company of Multifamily Utility Solutions) to fulfill the needs of the Property Owners and third party vendors to help them better understand the cable operator perspective, maximize their business opportunities, and deliver incremental revenue. For Multifamily Property Owners, Kevin’s experience has resulted in favorable contract terms related to their telecommunications agreements. Having produced incremental revenue for Multifamily Property Owners, these owners requested that TMS help them with other utilities, thus MUS was launched. Now clients have realized significant savings from MUS’s efforts across their electric and gas utilities as well.   Takeaways: Negotiate what's fair compensation for the owner (door fees, bulk billing payments) which provides a bump in net operating income. How Kevin helps: first, what I do is Listen, I ask some questions, and I listen to the owner. See if it is even worth it to explore the contract. The more competitive the marketplace, the better offer you can negotiate  Different ways that the owner can be compensated in the agreement. Signing bonus or door fee. One time upfront payment in exchange for signing the agreement. Revenue share. The cable company, you helped grow the business in your property, helped get more customers and the company shares revenue with you.  Snapshot Rounds Number one success in regards to your business?We are invested in our clients and we win when they win. What is one nugget ofinvesting knowledge you want to give us? Be persistent but patient. What is your dream?I would love to have financial freedom.  Kevin’s Contact Information: kevin@multifamilyutilitysolutions.com  http://multifamilyutilitysolutions.com/
35:04
June 12, 2020
PCI Teaches: Making Your Property More Profitable
We are adding a new session to our show called PCI Teaches. Anthony will discuss an educational topic in multifamily real estate that is geared towards the first time investor.This week, Anthony talks about different ways to make your property more profitable and boost your NOI. You won't want to miss this!
12:06
June 8, 2020
Episode 23: Working with Brokers When You Aren’t Local with Logan Freeman
Logan Freeman is a real estate investor, developer, and agent who has found his niche in the industry acting as an investment property specialist and actually representing buyers instead of sellers in the transaction process. Logan has also completed multiple joint venture projects, equity partnerships and works as a developer. Completing over 120 transactions in less than a year, Logan has found a process, and relies on his most valuable priorities to guide his profit-producing activities. As quoted by Logan himself, “Knowledge alone is not power, it is potential power. Knowledge + massive strategic action = power”.  In 2018, Logan founded LiveFree Investments, a successful real estate investment firm that ensures strong returns on capital from secure, collateralized real estate investments. Today, he is a husband, and father to a brand new baby girl based in Kansas City and is continually investing into himself so that he can provide great value to his investors; making sure to pivot and listening to what the market is providing. Takeaways: Identify your niche and problem that needed to be solved and get all the right players and pieces in place to get it done. The 5 laws of out of state investing success Give them a time and a date and they call you right you give them that one-time appointment to show up. Underwriting process. Send a property and have them underwrite it, and look at their underwriting skills. Talking to them about what their overall strategy and business plan are. You have them visit the market and face to face with you. If they have any individual interest in other market class or other asset classes that kind of sum it up. If you're not the right fit with a specific broker. Don't keep trying to be. Find a young hungry one. “Be respectful of people's time and be educated, be ready, and have your talk track down”. If you want to scale your business up, you have to think differently and you have to be collaborative. Mentoring and helping mindset in the back of your head as you get into investing is important. They need trustworthy, authentic, honest people to work within the city that they're buying real estate in. Snapshot Round: What is your number one failure?Is being so robotic and so disciplined, and so focused, that I forgot to love my wife the way that she should have been loved. What is your number one success?I think that it would be from being cut from the NFL, losing 100 pounds, losing my father to drugs and alcohol, changing my career three times, and starting a business. What is one nugget of investing knowledge you want to give us?Never be too proud to walk away from a deal. What is your dream?My dream is to be a well one is to live the best version of myself every single day to make choices that are life fulfilling and life-giving.  Logans’ Contact: Website: https://www.livefreeinvestments.com/Instagram: https://www.instagram.com/livefreeinvestments/Twitter: https://mobile.twitter.com/livefreemanblog Logan on Best Real Estate Advice Ever Podcast: https://www.livefreeinvestments.com/podcast-appearances/2019/10/3/joe-fairless-bestever- real-estate-investing-advice-show Logan on Purchase To Profits Podcast: https://www.livefreeinvestments.com/podcast-appearances/2019/3/19/logan-joins-seth-fergusons-purchase-to-profits-podcast“
45:36
June 5, 2020
Episode 22: Passive Investing Tips with Jennifer Barner and Brett Bumgarner
Jennifer Barner is a self-made woman that is crushing real estate in Kansas City. Together with Brett Bumgarner, invested in the Rich Dad Elite Legacy Program, leading them to buy 9 properties in a year. During that time, they also invested passively in 580 doors. Passive investing and flipping helped rebuild the nest egg after the crash of 2008. In 2017, Jennifer and Brett started Lighthouse Ventures KC, focusing on flipping and rehabbing properties across the KC market.   Takeaways: 2016, Jennifer joined the Rich Dad program. And realized that there's so much information out there, that she never was going to get a deal done. In the same year, Jennifer met Brett and became business partners If investing in a mentorship or training, make the most of the money and participate to the max extent. Passive investing Advice: make connections with everyone; figure out “Who can I trust?” GP team is the ultimate decisionmaker, not the deal 3 Factors when evaluating a deal: 1. Financials: Run the numbers  2. Property in path of progress?  3. What is the Upside?  Snapshot Round: What is the number one thing you need as a new investor to get started? Jennifer and Brett: Take Action What is one nugget of investing knowledge you want to give us outside of what you've already told us? Brett: There are ups and downs no matter how good you are. It doesn't matter, you're going to get a bad deal. Jennifer: I would say that the 1% rule actually can carry over to the multifamily space. What is your dream? Jennifer: I had a dream that I wanted to make $3,333 a month, which equates to a million dollars a year. Brett: I want to get to the point where I can build up a portfolio of properties that I can just have a comfortable living, I don't have to worry.  Jennifer and Brett’s Contact: Instagram: https://instagram.com/flippingkate_kansascity Facebook: https://facebook.cm/jenniferbarner
39:13
May 29, 2020
Episode 21: Roles of a Syndication with Anthony Pinto
In our monthly spinoff episode, Today’s Topic, Anthony answer's a question posed by a fellow learner. Today’s Topic is about the roles within a multifamily syndication. This was asked mainly to explore the different options available to a newbie syndicator that they can bring to a more experienced operator or when forming a new team. So let’s get to it.
21:32
May 22, 2020
Episode 20: Navigating the Covid-19 Pandemic with Matt Faircloth
Matt Faircloth has been a full-time investor for 15 years. As the CEO of Derosa Group, in that time he has successfully completed projects involving dozens of fix and flips, office buildings, single-family homes, and apartment buildings. He started with a $30,000 private loan and has now completed over $40,000,000 in transactions using private money. He is a regular contributor and podcast guest on Bigger Pockets, has an active YouTube channel dedicated to educating investors, and the author of the Amazon Best Seller, Raising Private Capital: How to Build your Real Estate Empire with Other People's Money. Takeaways: For the coronavirus, be ready for the slow down. Continuing business plan of stabilizing properties. Be proactive with your tenants. Offer discounts for payments on time. “It's time to feel sorry for yourself for a little bit. But once you've had enough of that, then it's time to take some action”. Not the time to buy right now.  Breakdown of Buyer's vs. Seller's Market Snapshot Round: What is your number one failure? Being a quick starter; jumping in quick and then find the next thing. What is the number one thing that has contributed to your success? I'm successful because I kept trying because I didn't decide to say screw it let me go do something else. What is one nugget of investing knowledge you want to give us? Don't let your emotions get in. Stick to the numbers. What is your dream? Contribute to as many people as possible. Spending time with family going to travel the world.  Contact Text DEROSA at 66866 Website : https:derosagroup.com
47:49
May 15, 2020
Episode 19: Crushing Limiting Beliefs at 24 with David Toupin
David Toupin is a Top Millennial real estate investor, speaker, and entrepreneur. David is the co-founder of Obsidian Capital, an Austin Texas-based real estate investment firm. David started investing at the age of 20 in Michigan where he bought his first property in college, a 12 unit apartment complex. Before graduating with a Finance degree, David had already acquired $7M in multifamily real estate holdings. By the age of 24 years old, David has built a real estate company as a key principal with over $50M in real estate holdings and has raised north of $10M in the capital. He is also the creator of the best selling multifamily deal analyzer which is now being converted into a web-based software platform called Real Estate Lab.   Takeaways:There are hundreds or thousands of other people that have done it, there's no reason that you can't, and it might take you a little longer, you might be a little faster. It all depends on what actions you take.You have to surround yourself with people who are going to support what you're doing right no matter what the result is.No need to start in a single-family before going into apartments or multifamily. Making sacrifices, putting a lot of hard work. Got to be willing to do what nobody else is willing to do.Snapshot Round:What is your number one failure in real estate? A day before, we went under contract, it fell through to somebody else got into the seller's ear told her she could get more for the property, she backed out.What is the number one thing that has contributed to your success? If you aren't willing to put in the time. It's going to take a lot longer or you may never see it.What is one nugget of investing knowledge you want to give us? Stick to your guns don't buy into the hype, just because other people are overpaying for properties doesn't mean you should.What is your dream? My dream is to impact a lot of people positively.
44:37
May 8, 2020
Episode 18: Hard Lessons Learned from a Seasoned Military Investor with Stuart Grazier
Stuart Grazier is an active duty Navy pilot who has served 18 years. In June of 2018, his company Storehouse 3:10 Ventures has acquired and sold approximately 45 turnkey rental properties, averaging 2-3 properties per month. Stuart is also the President of the Military Investor Network, which aims to network, educate, and connect another military/veteran service members that are interested in real estate investing. He has been on numerous real estate podcasts including Joe Fairless’ Best Ever, Bigger Pockets, The Real Estate Syndication Show with Whitney Sewell, and the ADPI podcast. Stuart is currently living in Denver, CO where Stuart is stationed at Buckley Air Force Base as the Executive Officer of the Navy Operational Support Center. During a 14-month deployment to Iraq in 2008/2009, Stuart had the opportunity to do a deep-dive study into real estate investing and learning about the power of passive income. Through endless learning, lots of determination, and continuous action, he and his family have become financially free over the last 11 years. From house-hacking (before the term was coined) to monthly budget meetings and frugal living, to investing in real estate mortgage notes, private lending, commercial property syndications, and buying cash flowing rental properties, Stu has done it all. Takeaways: Research, know the different metrics for a particular area like population, job growth, demographics, and buyers versus renters. Get a team that has knowledge about the area. “Turnkey companies: completely renovated property ready to buy and rent. Property management will find a renter, take care of the property and manage everything for you. “If you do fail, learn from it, move on and make yourself better from it. That's a huge part of success.” Snapshot Round: What is your number one failure in real estate? My number one failure was I had been a private lender. What is the number one thing that has contributed to your success? One is just like grit, stick-to-it-ive-ness. Just like we talked about, I've had a lot of failures and, and it hasn't knocked me down just yet. What is one nugget of investing knowledge you want to give us? I would say learn first take actions, second never give up when you fail. What is your dream?  At Storehouse 310 Venture, our business model is we give the first 10% of our profits away to a nonprofit organization.   Contact Linkedln : https:linkedln.com/stuartgazier Website : https:storehouse310turnkey.com Email : grazierinvest@gmail.com
55:38
May 1, 2020
Episode 17: Adding Value while Living Abroad with Matthew Baltzell
Matthew Baltzell hosts the podcast Real Estate Journeys and is a real estate investor who works in investor relations at Boardwalk Wealth, a private equity company based in Dallas, Texas which specializes in acquiring large multi-family apartments in the US. His current focus is on helping investors scale their business to 100 units and become location independent. Matthew is originally from Denver, Colorado and currently lives abroad in Chiang Mai, Thailand where he and his wife just had there first child.Takeaways:You need to find the value that you can add.You have to be clear about what you want to do within real estate.You can't compare yourself to someone because there are so many different aspects to think about.Think creatively about making a deal work. At the end of the day, real estate investors are problem solvers.Snapshot Round:What is the number one thing you need as a new investor to get started? Relationships are key, as far as multifamily is concerned, the bigger you scale, the more team members you're going to need to add. What was one nugget of investing knowledge you want to give us? As far as investing is concerned, you have to think creatively.What is your dream? My dream is to be as independent, have my family be as independent as possible.Matt’s contact:Website: https:www.matthewbaltzell.com
36:30
April 24, 2020
Episode 16: Having Conversations and Raising Capital with Bill Allen
Bill Allen a veteran  real  estate investor, CEO and Owner of 7 Figure Flipping, where he leads the top house flipping and wholesaling mentoring groups in the nation. In 2019, after running mastermind groups and events as the COO, Bill purchased the training and development company, House Flipping HQ. Bill founded Blackjack Real Estate, LLC in 2015 with the mission of helping homeowners sell their homes for cash. The company started in Pensacola, FL and over time has expanded to Chattanooga and Nashville, TN and Huntsville, AL. Based out of Nashville, TN, Bill and his team currently flip and wholesale 200+ deals per year in Tennessee and northern Florida.  Takeaways:  After the 2008 crash, he bought live in, fix and flips.  Quickly realized that real estate was making way more money than the stock market. "Your mindset will control your success". Limiting Beliefs: Put all your excuses up on a board and address them.  It could take your one day or 3 years to make it big. 2 Steps to Overcoming Not Having Money: 1. The money will not stop from getting deals done because I know how to have a conversation and 2.  Is to not think that you're asking for a loan; you’re providing an opportunity Snapshot Round: What is your number one failure in real estate? I lost $70,000 in a house because I bought it because it was right next to a railroad track. And I didn't know how deadly railroad tracks were to houses. What is the number one thing that has contributed to your success? My military background and the way that I was raised as a kid from my dad; leadership. What is the one nugget of investing knowledge you want to give us? Take action, just go out and do something. What is your dream? Money is not going to get you very far. Money is just a means to something. Now it’s about kind of getting some of my time back.  Contact  Website: www.7figureflipping.com, www.blackjackre.com Facebook  www.facebook.com/billallenrei
49:01
April 17, 2020
Episode 15: Building a Track Record with Jonathan New
Jonathan New’s real estate career began in July 2007 when he purchased and house hacking an SFH while stationed in Jacksonville, FL. Taking a hiatus from real estate for about 10 years, Jonathan restarted accumulating properties in the Hampton Roads area including numerous small multifamily, building a 21 unit portfolio within a year. A master of networking, Jonathan has been a part of 9 joint ventures and shows no signs of slowing down. Takeaways: Accumulated 21 units by constantly hustling. Having a track record gives you a reputation and your networking gets you the money and the deals Identify which specific markets you want to get into and become the expert. If you're not making mistakes, you're not learning. Snapshot Rounds: What is the number one thing you need as a new investor to get started? 100% courage.What is one nugget of investing knowledge you want to give us outside of what you already gave us? I would say follow the open doors. Keep walking through until they close. What is your dream? My dream is to be the best dad that I can be to teach these three little monsters. Jonathan's Contact: Email: jonathan@jnewinvesting.com
32:57
April 10, 2020
Episode 14: Real Estate Investing Through the Decades with Mark Langdon
Mark Langdon has been investing in residential real estate since 1991. Mark continues to work full time as a Project Manager/Chemical Engineer performing project execution of engineering, procurement, and construction projects in the pharmaceutical, chemical, and food industries and is licensed as a Professional Engineer. He has a separate (Fix & Flip) real estate investment firm, Langdon Properties LLC focused on buying distressed properties, renovating the properties and then re-selling them. Completed 12 Fix & Flips and found out that Fix & Flips are the same as a W-2 Job. Mark and his wife have high net worth from real estate holdings, mutual funds and stock portfolio which allows him access to $2.0 MM various credit lines including raising private money to finance his deals. Takeaways: For 27 years he has self-managed 10 rental units. October 2018, shifted to multi-family with 500 units a year. Get over your fear; change your mindset to say “I don’t know everything but I’ll figure it out.”  Pick partners that are different than you because you excel in certain things, and they excel in certain others; play to your strengths Find a mentor and join a group Snapshots: What is the number one thing you need as a new investor to get started? Get educated, get partners, and get over your fears. What is one nugget of investing knowledge you want to give us? If you want to get started in the multifamily sector, go to meetup groups, conferences and consistently go. What is your dream? My dream is to start giving back. How am I going to end, what can I do and how can I give back to folks?  Mark’s Contact: 973-464-3839 Email: mark@langdonproperties.net
35:54
April 3, 2020
Episode 13: Good Debt vs. Bad Debt with Anthony Pinto
In this episode, Anthony talks about overcoming the fear of owning large amounts of real estate debt. He addresses this topic with a story of his own fear of crushing credit card debt and how not all debt is bad! From the viewpoint of assets vs liabilities, Anthony describes why you should prioritize amassing good debt and minimizing bad debt. Catch you next time on The Lessons in Real Estate Show!
11:32
March 27, 2020
Episode 12: Real Estate Taxes: What You Don't Know Can Cost You with Brandyn Cox
Brandyn Cox is the owner of BMC Accounting LLC and is an Enrolled Agent. Enrolled agents, also called EA’s are federally credentialed tax professionals that hold the highest standing with the IRS and have unlimited practice rights. Brandyn founded his company while in college three years ago and the company is now nationwide. Brandyn specializes in small business taxation and real estate tax issues. Brandyn enjoys reading treasury regulations, tax court memos and opinions, revenue rulings, and the internal revenue code to provide the best service possible for his clients.Take-Aways:What Changed with the 2018 Tax Code Update1099A Deduction for Actively Traded Businesses250 Hours of Personal Participation in your business (bookkeeping, tenant leasing, contractors, etc)Make disclosure on tax return to take 20% deductionOnly applicable if you have tax gainsDealer vs. Investor Changes:Dealers subject to self-employment tax while investor only subject to capital gains taxReal Estate Professional (get rid of the passive traded status):750 hours on services provided to real estate activities and more than 50% income coming from real estateIf your business is real estate, have to own at least 5% of the company to have those hours countDepreciation of Rental Real Estate:Up to $25,000 in tax loss against income up to $100k in taxable income$150k in income, no longer applicableNot applicable if a real estate professionalSnapshot Round:                  What is the number one thing you need as a new investor to get started? Understanding Pro-forma vs tax income statements. Understand how taxes will change when you buy or sell.What is your number one thing that real estate investor messes up when getting ready for taxes? Self-preparation of taxes. Leave it to the professionals.What is your dream? Physical offices in multiple states and a large network of military spouses.Brandon's Contact: Website: https://www.bmcaccountingllc.comEmail: brandyn@bmcaccountingllc.com
39:48
March 20, 2020
Episode 11: Leveraging Marketing to Build Your Brand with John Casmon
John Casmon is a real estate entrepreneur, who has partnered with busy professionals to invest in close to $90 million worth of apartments. John hosts the Target Market Insights podcast where he covers multifamily and marketing insights. In addition. he is the co-creator of the Midwest Real Estate Networking Summit, a no pitch event to connect like-minded investors. With a background in marketing, he has overseen campaigns for General Motors, Nike and Coors Light amongst others. John was even recognized by Black Enterprise Magazine as one of the “Top Executives in Advertising and Marketing”. Take Away:He moved to Chicago and bought a duplex. Two years later bought a triplex; the next year, a eight-unit building.John uses his marketing background to pair deals with investors and turn them into opportunities.Adding value is more than sharing posts or likes. Test the waters, put out original content and see what works.Building a brand gives you confidence, credibility, connections, and shows you care.Snapshot Round:What is your number one failure? Partnered with another developer for his first flip. Gave too much control to another partner. Always make sure your voice is heard.What is your number one success? Family pride is his success.What is your dream? My dream really is to relax and travel the world. John’s Contact:Website : https://www.casmoncapital.comEmail: https://john@casmoncapital.comPodcast : Target Market Insights
42:13
March 13, 2020
Episode 10: The Key to Success in Multifamily Investing and ADPI Helps with Eric Upchurch
Eric Upchurch is an Army Special Operations veteran who grew up in Central Iowa before attending college in California. He has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last fourteen years. Eric serves as COO and Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Managing Partner with ADPI Capital. Most recently, Eric’s team has opened a nationwide, first-of-its-kind 100% Employee-owned mortgage branch, RE brokerage, as well as an insurance company–all to serve the ADPI community of military real estate investors.  Takeaways: - Read Rich Dad, Poor Dad, got into a tax lien program. Decided tax liens were boring and went to a 3-day multifamily boot camp with Rod Khleif and Eric was hooked. - In 2012 he started reading and listening to podcasts. Getting into real estate via trial and error. - You cannot do multifamily real estate investing on your own. You have to have a team. - On being an LP: you need to know what it is like to be an investor, need to have the experience. - Recently started donating to Operation Underground Railroad and Nightstalker Association.  Snapshot Round: 1. What is the number one thing you as a new investor to get started?  You need to learn, you need to network and you need to take action. 2. What is one nugget of investing knowledge you want to give us? Never invest in tax liens.  3. What is your dream? The dream is to be able to give away $1 million every year.  Contact Eric: Instagram:https://www.instagram.com/realercupchurch Facebook:https://www.facebook.co/erichurch Email: eric@activedutypassiveincome.com
42:40
March 6, 2020
Episode 9: Learn to Be a Great Connector with Melanie McDaniel
Melanie is a product of the American school system. She was taught to go to school, get good grades, get a job. She was raised to have an employee mindset--work a job with pension, put away money into a 401k or IRA, and live within your means. The "purple book" changed her life completely. Robert Kiyosaki's book, Rich Dad, Poor Dad changed the way she thought about money. It took her about three years of non-stop learning through books, podcasts, webinars, and even a guru training program to give her the confidence that she could walk away from a steady federal job to follow the path of passive income through real estate. She eased into full-time real estate as a real estate agent and quickly found a niche in helping investors. As she continued to learn, she started to quickly see that scaling to apartments washer preferred route. She became a coaching student of Michael Blank and attended a number of conferences in order to learn as quickly as possible and to meet people in the field of syndication. It became clear that her interest is in investor relations and raising capital for other operator's deals. This is where she is now--transitioning from real estate agent to a full-time syndicator with her focus being capital raising.Takeaways: Started feeding on her strengths so she can survive and excel in any environment.Figuring out the clarity, knowing who you are and what your strengths are the biggest takeaways from her journey.You need to find a mentor. Snapshot: What is the number one thing you need as a new investor to get started? You need to do your part and do some learning.What is one nugget of investing knowledge you want to give us that you haven't already or if you want to go and go back to something you talked about? The nugget of investing knowledge, figure out your why. And make it not about you.What is your dream? My dream would be to have enough passive income to make me financially free and the goal was 40. Contact Melanie:https://www.facebook.com/freestylecapitalgroup/ Instagram: @freestylecapitalgroup.melaniemcdaniel3000@gmail.com
30:41
February 28, 2020
Episode 8: 5 Traits of a Good Mentee with Anthony Pinto
This week I decided to switch it up and we will be covering a topic that has been brought up a few times by learners: what makes a good Mentee? Drawing from my own experiences and from the lessons learned from Brian Briscoe, a recent guest, I've summed them up to 5 Traits of a Good Mentee.Catch you next time on The Lessons in Real Estate Show!
15:55
February 21, 2020
Episode 7: Why You Need a Great Property Manager on Your Side with Trina Piceno
Trina serves as the Chief of Operations with WR Property Management, a full-service property management company servicing the Northern California East Bay and surrounding areas. As the COO, WR Property Management has become the go-to team in repositioning hard to manage areas and has done so while earning the Silver and Gold awards recognized by the Best of Brentwood. Serving within Asset Management, Trina specializes in recognizing undervalued assets and working through the diligence, logistics and realistic budgeting necessary to maximize the assets cash flow and reposition feasibility. Trina has been working in the Property Management field for over 9 years and has been working with investment owners at high volume for 7 of those with WR Property Management. Trina and her team have successfully repositioned 109 Units over the past 2 years and currently controls 82 doors as GP ownership.  Takeaways: - Started in the administrative side of property management field. Serving the asset management arena that specializes in recognizing undervalued assets and working through the due diligence logistics and realistic budgeting necessary to maximize assets cash flow and reposition visibility. - Successfully repositioned 109 units over the past few years and currently controlled two units as a GP ownership. - Supply and demand is a thing. - Get legal counsel, watch your back if you're if you're invested in California.  Snapshot questions What is the number one thing you need as a new investor to get started? You need to educate yourself on everything you don't still know about. What is one nugget of investing knowledge you want to give us? Cash flow is what people should be aiming for.What is your dream?I'd love to head up an organization that's established to bridge the logistical and operational gaps from homelessness and very low income.
31:28
February 14, 2020
Episode 6: Forming the Perfect Partnership with Tim Kelly
Real estate investor, Syndicator and educator, Best Selling author. Tim Kelly is an active duty Chief Petty Officer in the United States Navy and has been serving his country for 14 years. Now stationed on shore duty in Pensacola, Florida, he is fully pursuing his dream of owning and operating multi-family real estate and helping others realize their financial freedom goals! Tim has been investing in real estate since 2011 where he purchased his first “house-hack,” and he quickly learned the benefits of long-term buy and hold real estate were much more aligned with his goals. Through analyzing hundreds of multi-family properties, Tim has built an incredible network of real estate professionals, owns, controls, or has directly been involved in over 1,000 income producing units and looks forward to acquiring 5,000 multi-family units within the next three years. As the Financial Freedom and Syndication Chief on the incredible platform, Active Duty Passive Income (ADPI), Tim is helping active, veteran, reserve, and other military affiliated personnel realize their financial freedom goals through real estate investing. Tim is now a Senior Managing Partner of both Kelly Housing Group and ADPI Capital where he and his partners invest in and syndicate multi-family property in the affordable and workforce housing spaces with a focus on apartment communities and mobile home communities. Tim also loves playing shows and drumming with his band, seeing live music and concerts, scuba diving and traveling the world!   Takeaways -Started with a seabag of books on personal finance, personal wealth, and mindset: Total Money Makeover by Dave Ramsey; Rich Dad, Poor Dad by Robert Kiyosaki and Bigger Pockets books -Started with a SFH “house-hack” in 2011; started delving into the real estate investing world in 2015-2016 and by 2017 had his first quad. 6 months later, Tim bought a 42 unit syndicating with a partner.  -Learn->Network->Take Action -Get to know your potential partner by handing out with them and really, truly getting to know them -Partnerships are like marriages: you are stuck for life -Keys to forming the perfect Partnership: know your strengths and weaknesses then find others to fill those gaps  Snapshot Round: What is the number one thing you need as a new investor to get started? Know your why. Peel back 10 layers deep and know your why in your soul. Having a compass will get you through the rough times. What is one nugget of investing knowledge you want to give us? Grow every single day. What is your dream? Living it now. Doing ADPI and investing full time. Make babies and spend time with the family. Contact Tim: Linkedin: https://www.linkedin.com/in/thetimothykelly/ Instagram: https://www.instagram.com/thetimothykelly/ Website: https://www.activedutypassiveincome.com/ Phone number: 897-910-9161
44:57
February 7, 2020
Episode 5: How Hard Work Can Turn You into a Millionaire with Phil Capron
Our guest is Phil Capron, a good friend, and mentor. Phil is the best-selling author of the book, “Your VA loan and How it can make you a Millionaire?” Multifamily investor and veteran, Phil first started using his VA loan to buy a property in Norfolk which serving as a Naval Special Warfare Combatant Craft Crewman (SWCC). Since then he has represented many VA sellers and buyers and has been a strong proponent of the VA loan as a way to build wealth through real estate while serving. As a multifamily investor, Phil has partnered with many skilled operators across the country to buy heavy-lift properties and repositioning them into cash flowing, clean, affordable housing. Phil controls approximately 250 units across the Hampton Roads and Richmond, VA markets.  Takeaways Bought his first property using a VA loan in 2010, when he moved from California to Norfolk, his first duty station, and always kind of knew that there was something to real estate.  Sold homes to and for his buddies, and then got into the flipping game before finally taking action on the knowledge that owning assets is how you become wealthy. He then bought his first small apartment building: a 13 unit.  Will power and determination Residential loan to a commercial loan, which was ended up being a lot more beneficial in terms of the closing process.  Real estate investing is solving problems as they come up that you had no idea would pop up on your horizon. Education is awesome, but too much of it can be a bad thing and need to take action.  Snapshot Round: 1.What is the number one thing you need as a new investor to get started?Tenacity, the ability to get back up when you've gotten knocked down because the answer as a new investor is pretty much always going to be no. What is one nugget of investing knowledge you want to give us? People tell me no all the time I make offers on properties. What is your dream fail?My dream is to sell 1 million copies of your VA loanSo I'm giving myself 15 years in which to accomplish that goal.  Phil Contact: Philbuysapartments@gmail.com2.http://www.philcapron.com3.Go Abundance (http://www.com)
52:03
January 31, 2020
Episode 4: From Flips to Multifamily Buy and Hold with Larry Pendleton
Larry is the Chief Financial Officer of Next Level Investments LLC. Next Level Investments mission is to help the community of Hampton Roads create and sustain generational wealth through real estate investing. Larry has over 10 years of accounting, tax and auditing experience as a CPA. He brings over 4 years of real estate experience and has closed on multiple deals consisting of single-family and multi-family properties. He is a proud father of 2 handsome sons, Larry III and Wesley, and husband to a beautiful wife and mother, Whitney. Takeaways -Started investing in 2016 with SFHs and flips. Had mild success but got the investing bug when he bought a SFH using a 203k loan and saw tremendous potential for cashflow. -Factors in 30-35% reserves for smaller properties -Having set Rules of Thumb allows you to quickly analyze a property and maximizes your time -When talking to the individual investors, Larry asks about their expected returns. Some people are satisfied with 5-6% and others want 12-15%. -Best Investment: Quad in Norfolk purchased through an Auction. Lessons: Can’t force the deal to work and have to stick to your numbers; delegation is key to building an efficient and effective process Worst Investment: First flip. Lessons: came in overbudget, took a year to flip but was able to return all his investors’ money; stick to the task you are uniquely suited to do, you can’t do everything yourself   Snapshot Round: What is the number one thing you need as a new investor to get started? Education. Without it, you don’t have the basis to truly understand where the capital is coming from, how to structure the deal, how make a proper offer on a deal, what returns you will get, etc. What is one nugget of investing knowledge you want to give us? Real estate is a people business. Having the proper team in place. Partners, sellers, tenants are all people and knowing how to be a genuine person is key. People first. What is your dream? Teach Financial literacy through real estate.  Contact Larry: Instagram: https://www.instagram.com/big_oak_va/ Website: https://nextlevelinvestmentsva.com/
36:59
January 10, 2020
Episode 3: Property Management, Problem Solver With Christopher Benedict
Chris is a pretty good friend with a sharp wit, and you'll definitely get a lot out of this episode. He will bring you a unique perspective from a pretty big guy in the property management industry and Philly, he's been doing this for more than 20 years. Chris Benedict began his career in real estate investment, sales, and management in 1997. After a decade of working with RE/MAX as a brokerage agent. Chris became a broker/owner to Big Realty and was spun off as a new company in 2012. After celebrating five years of investment and property management last 2017, the residential part of Big Realty split off and RE/MAX franchise was opened. Helping and serving the agents in the community and for residential needs. The company's business core philosophy is to become a public world class service and information source for all real estate thing. Chris enjoys all things “Disney” as well as biking, riding his motorcycle, being outdoors and spending time with his wife and business partner Stephanie and their 3 children.   Take Aways: He started to manage his own property and because of his real estate experience, he began to managed properties of friends and families.  In 1997, he started getting into the flipping game. He knew that he wanted to be in real estate from a young age and bought his first house right around 25 years old. Bypass those mistakes and learn to avoid them As real estate investors, whether you're on the property management side, you are problem solvers. Provide world class service. Issues can be solved by putting in a property manager that has the right mindset.  Snapshot Round: What is the number one thing you need as a new investor to get started?If you want to be a sole investor and you want to do it on your own, you would need capital. What is one nugget of investing knowledge you want to give us?Avoid staying in residential investment property.  What is your dream?Is to share with as many young people as possible that happiness will never come from the things that you own. Contact Christopher: Website: https://www.askthebigguy.com Facebook: https://facebook/askthebigguy.com
28:42
January 10, 2020
Episode 2: Hire Slow, Fire Quick with David Pere
David Pere is an Active Duty Marine and joined the Marine Corps in August of 2008. Since that time, he has traveled to and lived in many unique places around the world, including a combat tour in Afghanistan. David got started in real estate investing in 2015. He house-hacked a duplex with the FHA loan and lived in it for a little while until getting married to his beautiful wife, Kimberly, and receiving orders to Hawaii. While stationed in Hawaii, David bought a 10-unit apartment in Missouri and has had continued success with real estate investing! Through these experiences, From Military to Millionaire was born, with the goal of teaching service members and veterans how to build wealth through real estate investing, entrepreneurship, and personal finance! Through his podcast with the same name, he has helped many of his listeners increase their savings gap, purchase real estate, and increase their chances of achieving financial freedom!  Takeaways -Started REI with a househacked duplex in Springfield, MO while stationed there. After being forced into listening to Rich Dad, Poor Dad, David was hooked. -After moving to Hawaii, David continued to find commercial properties using direct to owner marketing tactics. Mailing letters and using Listsource, he personalized his marketing campaign and landed an off-market 10 unit. -Worst investment: 42 unit lease option deal. He made the mistake of not properly vetting his PM and maintenance guy and fired them a month after closing. He quickly learned to trust the process and test his people prior to starting a relationship. -After that experience, he found and compiled a list of 20 questions to properly vet his potential property managers.  -Watch out for the management hidden fees! Snapshot Round: What is the number one thing you need as a new investor to get started? Books, learn everything you can. What is one nugget of investing knowledge you want to give us? Watch the expenses. Expenses will make or break your property. What is your dream? To be able to control his time. Work when I want, where I want. Contact David: Linkedin: https://www.linkedin.com/in/david-pere/ Instagram: https://www.instagram.com/frommilitarytomillionaire/ Website: https://www.frommilitarytomillionaire.com/
38:38
January 10, 2020
Episode 1: Active Duty Passive Income with Mike Foster
Former Naval Officer, Real Estate Investor, Mike Foster. He is a graduate of the Naval Academy, hosts of the popular "Active Duty  Passive Income” (ADPI) Podcast as well as the co-founder of ADPI. The goal of ADPI is to have financial freedom for all veterans through real estate education and motivates action-taking. He always enjoys eating great food while traveling the world and sharing amazing experiences with other people. Mike's passion is helping veterans achieve success and their desired lifestyle in and out of uniform.  As a real estate entrepreneur for the past three years, he has dabbled in every aspect of real estate investing from Airbnb to Multifamily.TakeawaysHe started investing back in 2016. This was right after he got back from Japan. And he served in Japan, in the Navy for a little bit. And then I came to Norfolk, he realized that he didn't want to stay in the military forever.When he was gone on deployment, he continued to rent out the bottom up until a few months ago, he finally let the tenants and the bottom go and he got the property turned over. And now he's going to start Airbnb.Build yourself up because investing in anything is a challengeConfidence to navigate through those mistakes, whatever they are, and to continue to push forwardMindset is the key Snapshot Round: Tell us what is your best investment, what's your worst investment is and what you learned from both? Honestly, I think that my best investment was this property that I bought out in Mississippi. I think that that was the best one that I've done because I took a lot of lessons that I learned from buying that duplex buying another property that I did in Virginia and then applied it right in this market.What is the number one thing you think you need as a new investor to get started? The number one thing you need as a new real estate investor is confidence.What type of market research did you do before you got into that property? I went to go take a look at the the property prices in the area, just to kind of see if it was something that was going to meet the criteria that I set for myself, which was investing in, you know, those markets that have lower cost of entry. Contact Mike:michael@activedutypassiveincome.com(718) 213-3363https://www.activedutypassiveincome.com/
41:52
January 10, 2020
Episode 0: Welcome to the Lessons in Real Estate Show!
Welcome to the Lessons in Real Estate Show, where we show you the lessons learned from industry leaders in multifamily and commercial real estate. Our goal on the show is to fill a gap we feel is missing in the real estate world: both good and bad lessons learned. In a high-speed internet world with a firehose of educational information at your fingertips, we wanted to show that the world of real estate investing is not always sunny days…but that it pays off when you persevere through the tough times. I wanted to start off my giving you my background and why I saw a need for this podcast. My name is Anthony Pinto and I am an Active Duty Naval officer. I’ve been in for about 6 years and during my naval career, I’ve had some stellar life moments and some truly atrocious ones. One of my main lessons learned, however, is that I didn’t want to spend the next 15 years in a job that I did not enjoy, only rarely spending time with my family and generally living an unhealthy life. I began searching for alternate sources of income. When it comes to getting started, I’m a cliché. I read Rich Dad Poor Dad, had my mind blown, fell in love with the thought of real estate investing and my whole world was rocked. Like many getting started, I was almost completely overwhelmed by the sheer volume of information on real estate investing. Wading through all the books, websites, podcasts, articles, webinars and conferences was exhausting so I turned towards a mentor to guide my path.  With that guidance, I house-hacked a quadplex, quickly followed by a purchase of a triplex and just like that my real estate career took off. But everything was not roses and sunshine. Almost immediately, we had issues with each property—some due to inexperience and some due to sheer luck. With determination, grit and a few thousand dollars, we overcame these obstacles and learned from our failures. A number of these issues could have been prevented if I had the prior knowledge or experience but like they say, "Success is not final; failure is not fatal: It is the courage to continue that counts." I wanted to share these hard earned lessons learned with the masses—not just from me, but from other successful individuals who have started with real estate investing, been bruised but got back up and found success. Learn from these lessons so you can avoid the same pitfalls tomorrow. With that, thanks for listening. Sit back and enjoy the podcast!
04:11
January 10, 2020