The Millionacres Podcast

The growth of professional soccer had led to a bumper crop of stadiums all around the country. Behind much of that growth is Justin Papadakis Chief Operating Officer and Chief Real Estate Officer of the US Soccer League.Over the past four years, he has facilitated an unprecedented surge in soccer-specific and mixed-use stadium developments anchoring economic live, work, and play projects across the country. 0:00 Introduction 1:28 The growth of soccer in the U.S. 3:38 Stadiums as a city anchor 6:57 From baseball to soccer in Pawtucket 9:57 Pitching stadiums to cities 12:50 Stadiums in cities vs. suburbs 17:05 What cities are good targets for new stadiums? 20:09 The use of public-private partnerships in stadium development 25:32 Community feedback and real estate development 29:10 The impact of stadiums for investors 32:41 Deciding stadium size 36:42 Changes in the viewing experience

This episode is sponsored by Origin Investments. [https://origininvestments.com/] We've talked a lot on this podcast about investing in real estate deals but today we are going to look at deal structuring. And who better to ask than a lawyer. Daniel Cocca is a  lawyer, entrepreneur, real estate investor, and Co-Founder at Alpha Investing. He's a New York City corporate attorney by trade but now serves as Managing Director and Principal of Alpha Investing, and has capitalized over $3B of acquisitions over the past six years. 0:00 Introduction 1:20 Starting off as an investor 2:44 The value of an operating agreement 3:33 Structuring an operating agreement 4:46 What investors need to know about limited partnerships 7:12 Understanding waterfalls 9:12 What is private placement? 10:25 The SEC's role in private investments 13:36 The impact of the current real estate market 17:13 What the bond buying taper could mean 19:32 How sponsors get started 23:31 Origin Investments ad 24:52 How to put a deal together 26:24 What is mezzanine financing? 29:08 Understanding capital calls 31:21 Impact of supply chain concerns 34:56 What inflation means for real estate 38:40 Hot markets for multifamily 43:18 Minimum holds for Alpha Investing 49:21 Alpha Investing's plans to scale

This episode is sponsored by Origin Investments. [https://origininvestments.com/] The problems of affordable housing in this country are likely going to be solved through a mix of public and private partnerships. That's probably a lot easier said than done and few people understand that more than my guest today, Pete Carroll from CoreLogic. Pete oversees Corelogic's industry and public sector engagement programs and prior to joining CoreLogic he held positions at Quicken Loans, Wells Fargo and the Consumer Financial Protection Bureau. 0:00 Introduction 1:12 A look at Build Back Better and what it means for housing 8:19 The impact of upzoning 11:13 Changes in housing policy 16:40 How to speed up housing development 21:16 Impact of eviction moratoriums 27:28 Paths to equitable homeownership 35:24 Migration and climate change 38:33 What investors need to know about climate change

This episode is sponsored by Origin Investments. [https://origininvestments.com/] Today we are diving into all things self-directed IRAs with John Bowens of Equity Trust. John is a senior manager at IRA custodian Equity Trust Company. John draws from his 15 years in the real estate industry and his experience as an active real estate investor. In his travels across the U.S. and virtually, he has trained 50,000 investors during more than 300 workshops and classes, spreading the message about the power of building tax-free wealth and leaving a lasting legacy by investing in what you know best. 0:00 Introduction 1:31 Core benefits of SDIRAs 5:16 SDIRAs and depreciation 8:29 Roth and Traditional IRAs 12:08 Rules of investing in IRAs 14:38 NFTs and crypto 15:44 SDIRA custodians 18:09 Managing an SDIRA 21:10 Things to look for in a custodian 27:26 Investing in crowdfunded real estate deals 30:53 Understanding UBIT 40:56 The use of passive losses 45:15 The impact of tax fear 47:41 Fair market valuation 51:06 Potential tax changes

This episode is sponsored by Urban Catalyst [https://www.urbancatalyst.com/millionacres]. Managing properties remotely is easier than ever due to a wide variety of technologies. Jim Netska of PointCentral discusses the use of sensors, cameras, and smart-home technologies and where the short-term rental industry is heading as a whole. 0:00 Introduction 1:05 Smart home adoption 2:23 What PointCentral does 4:55 Safety and security concerns 7:01 Who PointCentral is for 8:45 Evolution of keyless entry 10:32 Rise of flexible renting 12:08 What property managers are thinking about today 13:21 Importance of Wi-Fi 17:37 Urban Catalyst ad 19:48 Use of sensors 23:21 Using noise sensors 24:56 Cameras and privacy 27:29 Remote monitoring 29:21 Changing attitudes toward seasonality in rentals 30:57 Labor and automation 33:00 Connecting to different types of rental software 33:44 The short-term rental market in five years