Learning the In’s and Out’s of Underwriting with Charles Seaman

Flipping The Switch To Full Time Real Estate with Jens Nielson

Jen Nielsen started investing and is currently the key principal on 82 apartment units in New Mexico and Colorado in 2016. After the success as a KP. He recently branched out to raise money as a GP for several syndications and was able to raise over $1.5M in 2019 alone. Mr. Nielsen also passively invested in 14 syndications/private investments, spanning over 800 apartment units, 2000 mobile park lots and over 6000 storage units plus mortgage note funds and private money lending. Today, his mission is to get more people to invest in private placements for strong cash flow and equity growth. With a little coaching and encouragement, you’ll realize that there is no perfect time to invest in real estate, and the best time to get started is NOW. Highlights of the Episode: 01:25 - Background of the guest 06:06 - Balancing W2 jobs with real estate 10:18 - Job Security 12:24 - Rat Race 14:36 - Getting out of the rat race 16:04 - Why choose MultiFamily in real estate 19:30 - Raising Money 22:07 - From mentee to a mentor 26:20 - Canfield Success Principles 28:42 - Important mistakes made 31:15 - One advice for the listeners Notable Quotes: “Becoming aware of what’s important to you, becoming aware of where you should start to say no is also really important in order to not overwhelm yourself.” - Jens Nielson “The best referral you can have is producing good results.” - Jens Nielson Connecting with the Guest: Website: https://opendoorscapital.com/ [https://opendoorscapital.com/] Facebook: https://web.facebook.com/Open-Doors-Capital-319524525587529/ [https://web.facebook.com/Open-Doors-Capital-319524525587529/] LinkedIn: https://www.linkedin.com/in/jens-nielsen-multi-family-real-estate-coach/ [https://www.linkedin.com/in/jens-nielsen-multi-family-real-estate-coach/] Connecting with Multifamily Masters Podcast YouTube: https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w [https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w]Facebook: https://www.facebook.com/RealEstateMastersSummit [https://www.facebook.com/RealEstateMastersSummit]Instagram: https://www.instagram.com/remsummit/ [https://www.instagram.com/remsummit/] LinkedIn: https://www.linkedin.com/company/real-estate-masters-summit [https://www.linkedin.com/company/real-estate-masters-summit] Website: https://realestatemasterssummit.com/ [https://realestatemasterssummit.com/] #Success #MultiFamily #RealEstate https://realestatemasterssummit.com/

Transitioning from Singlefamily to Multifamily Investing with Arn Cenedella

Arn Cenedella, the founder of Spark Investment Group, is a real estate expert with more than four decades of experience, including 35 years as a Realtor navigating the unique real estate landscape in Silicon Valley, CA. During that time, Arn invested in real estate ranging from single-family homes and fix-and-flips to land subdivisions and condominium conversions to commercial multifamily properties. Through these experiences, he developed a passion for helping others achieve their own financial freedom through investing in multifamily real estate syndications. Through Spark Investment Group, Arn is putting his decades of real estate expertise to work for his clients, helping them reach their goals and attain the lives they’ve always wanted to live. Highlights of the Episode: 01:32 - Background of the Guest - Multifamily journey 06:05 - Definition of Retirement 07:58 - Leveraging experience for success 11:25 - Keeping up with the cycles and trends 14:18 - Overcoming some factors in the cycles 20:05 - Transitioning to Multifamily - challenges 24:49 - Playing golf and building relationships with the broker 26:43 - Diversifying your portfolio into different assets 30:50 - Spark Investment Group 34:35 - Perks of becoming a passive investor 39:29 - What area Arn needs to improve? - Systems and Delegating 42:43 - One piece of advice 43:41 - Connecting with the Guest Notable Quotes: “It’s not really work when you enjoy what you do.” - Arn Cenedella “With passive investing, you don’t have to put all your eggs in one basket.” - Arn Cenedella “Creating the income allows anybody to live the life they want or at least the passive income gives them the freedom to do whatever they do.” - Arn Cenedella Connecting with the Guest: Website: https://investwithspark.com/ [https://investwithspark.com/] Email: arn@investwithspark.com [arn@investwithspark.com] Phone Number: 650-575-6114 Connecting with Multifamily Masters Podcast YouTube: https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w [https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w]Facebook: https://www.facebook.com/RealEstateMastersSummit [https://www.facebook.com/RealEstateMastersSummit]Instagram: https://www.instagram.com/remsummit/ [https://www.instagram.com/remsummit/] LinkedIn: https://www.linkedin.com/company/real-estate-masters-summit [https://www.linkedin.com/company/real-estate-masters-summit] Website: https://realestatemasterssummit.com/ [https://realestatemasterssummit.com/]  #Transition  #Invest  #Multifamily

Three Pillars Of Real Estate You Need To Perfect with Bill Ham

Bill Ham is the CEO of and the driving force behind Broadwell Property Group. He has upwards of 20 years’ experience in Real Estate with a proven track record of identifying, acquiring, operating, and divesting of large footprint Multifamily Housing. He can be seen and heard on countless podcasts and webinars as well as standing on stage giving presentations at trade shows and other forums both online and off. Ham is a Real Estate Entrepreneur, a sought-after speaker, an author, and an operator but his real passion lies in education. He has been a coach and mentor to the future titans of Multifamily. Over the years, he has counseled hundreds of students who have gone on to close countless millions of dollars in their own deals, many crediting Bill with their success. Bill was born and raised in Middle Georgia where he honed his craft, opting to move to the big city of Atlanta in 2015 to expand his reach. He has a wife, Yvonne, and two dogs Jake and Lola. He loves gardening, water skiing, and hiking. Highlights of the Episode: 02:11 - Background of the Guest 04:10 - Educating yourself first 07:00 - Important Tip - failures from your mentor/teacher 08:45 - Creative Cash Book 12:49 - Creative financing 15:40 - Master Lease Options 16:47 - SPY (Seller Property You) Technique 19:22 - Three pillars of real estate 22:23 - Performance and the Fixed of master lease 26:15 - Proving a good deal 28:44 - Finding the right seller 34:40 - What if the buyer stops paying 36:41 - Approaching the seller 41:30 - What’s next for the guest? Notable Quotes: “Focus on the failure of your teacher.” “90% of a good deal is the seller, only 10% is the real estate.You can have the best deal in the world and if you have an unwilling seller, you’re not going to have anything done.” Connecting with the Guest: Website: https://realestateraw.com/ [https://realestateraw.com/] LinkedIn: https://www.linkedin.com/in/billhamrealestate/ [https://www.linkedin.com/in/billhamrealestate/] Instagram: https://www.instagram.com/billham_realestate/ [https://www.instagram.com/billham_realestate/] Facebook: https://www.facebook.com/billhamrealestate [https://www.facebook.com/billhamrealestate] Youtube: https://www.youtube.com/channel/UC7m3z0JzC4JDrjHExoImmAw [https://www.youtube.com/channel/UC7m3z0JzC4JDrjHExoImmAw] Connecting with Multifamily Masters Podcast YouTube: https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w [https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w]Facebook: https://www.facebook.com/RealEstateMastersSummit [https://www.facebook.com/RealEstateMastersSummit]Instagram: https://www.instagram.com/remsummit/ [https://www.instagram.com/remsummit/] LinkedIn: https://www.linkedin.com/company/real-estate-masters-summit [https://www.linkedin.com/company/real-estate-masters-summit] Website: https://realestatemasterssummit.com/ [https://realestatemasterssummit.com/] https://realestatemasterssummit.com/#success #mentorship #realestatetips

Quality Listings and Where to Find Them with Jennifer Barner

Jennifer is the founder of Lighthouse Ventures, a private equity real estate investment firm. She’s a real estate investment specialist with her genius in rehabbing, wholesale and release options, and buy and hold rental properties. Her passion is investing in Multifamily commercial buildings in emerging markets or gentrifying areas. Highlights of the Episode: 01:42 - Background of the Guest 08:04 - Mentee becomes the mentor 09:29 - Investing in other neighborhood - Emerging Markets 12:10 - Finding the right neighborhood at the right time 14:55 - Importance of watching zip codes regularly 18:49 - Community Cons to consider in an area 22:59 - Opportunities that improve your life 27:59 - Working from home in Real Estate 32:12 - Real Estate as the path of creating a general wealth 34:25 - Why having an exit strategy is important 40:20 - BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) 46:08 - Waiting period from doing the BRRRR strategy 51:15 - Advice for the listeners - Nothing is too hard that you can’t overcome it Notable Quotes: “The people who rise to the top, they also haven’t built the foundation that you need to sustain that growth. So you always just want to be careful that your growth is methodical and you’re learning as you go and you’re not just trying to get to the top quickly. There’s never any overnight success.” “Anything worth pursuing takes time.” “If you stick with anything long enough, you’re going to have success. You just can’t give up on yourself.” Connecting with the Guest: Website: https://www.lighthouse-ventures.com/ [https://www.lighthouse-ventures.com/] LinkedIn: https://www.linkedin.com/in/jennifer-barner [https://www.linkedin.com/in/jennifer-barner] Instagram: https://www.instagram.com/jenbarner/?hl=en [https://www.instagram.com/jenbarner/?hl=en] Facebook: https://www.facebook.com/LighthouseVenturesKC/ [https://www.facebook.com/LighthouseVenturesKC/] Email: jennifer@lighthouse-ventures.com [jennifer@lighthouse-ventures.com] Connecting with Multifamily Masters Podcast YouTube: https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w [https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w]Facebook: https://www.facebook.com/RealEstateMastersSummit [https://www.facebook.com/RealEstateMastersSummit]Instagram: https://www.instagram.com/remsummit/ [https://www.instagram.com/remsummit/] LinkedIn: https://www.linkedin.com/company/real-estate-masters-summit [https://www.linkedin.com/company/real-estate-masters-summit] Website: https://realestatemasterssummit.com/ [https://realestatemasterssummit.com/]

Learning the In’s and Out’s of Underwriting with Charles Seaman

Charles Seaman’s primary focus as a Senior Acquisition Manager and Asset Manager is to locate high-performing multifamily real estate deals throughout the Southeast region of the U.S. He is responsible for performing all of the company’s initial underwriting and analysis of these deals, which ultimately determines whether or not the deal will be a good fit for the company. Finally, Mr. Seaman is also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns. Charles is also a host of a FREE underwriting session on ZOOM every Saturday at 4:00 PM EST. Don't forget to join his sessions and bring along a friend. Highlights of the Episode: 01:55 - Background of the Guest 05:41 - Learning how to underwrite 07:10 - Underwriting - Outsourced or Insourced? 08:49 - Underwriting a deal to a multifamily acquisition 11:47 - Market Conditions 13:27 - Underwriting and Asset Management 15:25 - Process of Underwriting Deals 18:40 - Advice for people who are looking for high performing deals 19:17 - Build broker relationships 22:53 - Skills that someone needs to reach the level of relationships 24:29 - Presenting yourself to a broker 28:05 - Know more about the guest Notable Quotes: “If you’re just starting out, and funds are limited then it’s probably better to learn how to do it yourself or getting a partner that can do that. So keep in mind we all have unique skill sets where there are a lot of things we’re good at and things that we’re not.” “You always want to be conservative with your Underwriting and one way to do that is to show a higher terminal Cap Rate than whatever your acquisition Cap Rate is. Your Cap Rate is going to be a measurement of what deals are selling for that area.” “If you want to be successful with anything in life, you have to get used to failing on a regular basis.” Connecting with the Guest: Phone: 347-306-3278 Email: charles@investorboardroom.com [charles@investorboardroom.com] LinkedIn: https://www.linkedin.com/in/charles-seaman-90b9b932 [https://www.linkedin.com/in/charles-seaman-90b9b932] Facebook: https://web.facebook.com/charles.seaman.31?_rdc=1&_rdr [https://web.facebook.com/charles.seaman.31?_rdc=1&_rdr] Website: www.investorboardroom.com [http://www.investorboardroom.com/] Connecting with Multifamily Masters Podcast YouTube: https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w [https://www.youtube.com/channel/UCT3w_X7dHVsfbCTXBHVeO0w]Facebook: https://www.facebook.com/RealEstateMastersSummit [https://www.facebook.com/RealEstateMastersSummit]Instagram: https://www.instagram.com/remsummit/ [https://www.instagram.com/remsummit/] LinkedIn: https://www.linkedin.com/company/real-estate-masters-summit [https://www.linkedin.com/company/real-estate-masters-summit] Website: https://realestatemasterssummit.com/ [https://realestatemasterssummit.com/]