How Did They Do It? Real Estate

SA1023 | Empowering Doctors and High-Income Professionals to Invest Passively Through Education with Dr. Jonny Withanachchi (Jonny Walker)

This week’s episode with Dr. Jonny Walker tackles many aspects of passive investing that every doctor or medical professional should know and what education could do for a successful investment journey! Join us for another valuable conversation as Dr. Jonny explains how he’s empowering people to see the power of real estate, the advantages of going to the passive side of investing, ways to minimize risks as an investor, and more relevant topics! Key Points & Relevant Topics * How Dr. Jonny discovered real estate investing and transitioned from single-family to commercial space * The importance of having the right passive investing strategy to enjoy the benefits of real estate * The value of mentorship and education in minimizing mistakes in real estate investing * Things doctors should realize about the passive and active side of investing in real estate * The most important thing to know in any form of passive investment * Ways to evaluate deal sponsors and assess their capability in solving challenges * Diversifying portfolio into different investment vehicles Resources & Links * Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth by Robert G. Allen [https://www.amazon.com/Creating-Wealth-Retire-Allens-Principles-ebook/dp/B000JMKRFW] * Apartment Syndication Due Diligence Checklist for Passive Investor [https://bonavestcapital.com/checklist/] About Dr. Jonny Withanachchi Dr Janatha Withanachchi, a veteran endodontist in the NJ/NY area, immediately began investing in single-family houses (SFH) soon after graduating. After several investment Single Family Homes, he realized that this was not the best way to create meaningful cash flows; nor to accumulate wealth. This led him to commercial real estate which he soon found was a better way at building significant cash flows as well as much larger deals.   Walk of Wealth and their equity partners have invested in over $381 million dollars of real estate in growing markets with high demand for ever scarce ‘workforce’ housing. Get in Touch with Dr. Jonny * Website: https://walkofwealth.com/ [https://walkofwealth.com/]  * Youtube: Walk of Wealth [https://www.youtube.com/channel/UC9Dym1o2R4CpRvgRy8ayXcQ] * Facebook Group: Financial Freedom for Dentists 💥 Passive Investment in Real Estate [https://www.facebook.com/groups/walkofwealth/] * Passive Investor Club: https://walkofwealth.com/join/ [https://walkofwealth.com/join/]  To Connect With Us Please visit our website www.bonavestcapital.com [http://www.bonavestcapital.com] and click here [https://podcasts.apple.com/us/podcast/how-did-they-do-it-real-estate/id1532853594] to leave a rating and written review!

SA1022 | Write Your Own Financial Story Through Real Estate with “The Creative Investor” Chris Collins

In this episode with Chris Collins, he’ll walk us through his journey from working in the show business and film industry to investing in real estate! From single-family to multifamily syndications, he shares how he made himself and his mentality different from the industry he came from, the power of reading books about investing, passive investing, and more! Key Points & Relevant Topics * Chris’ background in Hollywood, in the creative world, and how he took advantage of the financial side of this business * The benefits of reading Robert Kiyosaki's books * Chris on starting to invest in single-family, managing properties out of state, and shifting into multifamily syndications * Why Chris decided to continue working his W2 job while investing in real estate * The advantages of being active as a passive investor in syndications * The importance of knowing your investors’ philosophy and goals * A unique question you can ask a deal operator before investing with them Resources & Links * Robert Kiyosaki books [https://www.goodreads.com/author/show/600.Robert_T_Kiyosaki] * Apartment Syndication Due Diligence Checklist for Passive Investor [https://bonavestcapital.com/checklist/] About Chris Collins Chris Collins is not your typical apartment investor. Throughout his career in Hollywood, he has seen money come and go, slipping through the hands of even his highest paid friends. Wealth just doesn’t seem to stick in this fast moving industry.  Always an entrepreneur at heart, Chris set out to be the Hollywood outlier, to write his own financial story. He ventured into investment real estate, beginning with single family homes, then transitioning to large multifamily apartments, where he chose to focus. At present, he has actively and passively invested in over 2,500 apartment units spanning across 6 states, with deals totaling more than $300 million, earning him the nickname ‘The Creative Investor.’  Now recognized as an expert in the multifamily business, Chris enjoys sharing his knowledge and experiences with both novice and seasoned investors alike. His speaking engagements offer a refreshing perspective on real estate investing, offering practical wisdom that he has acquired through years of hands-on experience.  Get in Touch with Chris * Website: https://amitycashflow.com/ [https://amitycashflow.com/]  * LinkedIn: Chris Collins [https://www.linkedin.com/in/amitychriscollins/] * Facebook: Chris Collins [https://www.facebook.com/amitychriscollins] To Connect With Us Please visit our website www.bonavestcapital.com [http://www.bonavestcapital.com] and click here [https://podcasts.apple.com/us/podcast/how-did-they-do-it-real-estate/id1532853594] to leave a rating and written review!

SA1021 | From Adversity to Victory: Financial Success Through Perseverance with Jesse Trujillo

Delve into this episode with our guest this week, Jesse Trujillo, sharing his remarkable journey as a thriving investor and his subsequent rise to success! This inspirational conversation with Jesse emphasizes the significance of perseverance and strategic growth, his determination to succeed after his biggest downfall, and teaching kids about real estate investing. Listen as we’ve unpacked more from this episode! Key Points & Relevant Topics * Jesse on leaving medical school to pursue his journey in real estate investing * How Jesse started to invest before the market crash and what kept him going after losing from the 2008 recession * What it’s like looking for a property to flip and closing a deal after the market crash * The power of perseverance and determination in real estate * Jesse’s story of facing lawsuit, wrongful imprisonment, and rebuilding his life * The value of giving trust to people and taking accountable for mistakes * Building and scaling a portfolio in a short period * The advantage of exposing children to how real estate investing works Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor [https://bonavestcapital.com/checklist/] About Jesse Trujillo Jesse is an accomplished investor, motivational speaker, and the CEO of AJX Companies. He’s the driving force behind an 8-figure real estate empire that has flipped over 1,000 properties with a total market value exceeding $500 million and has built a rental portfolio of over 1,100 doors, valued over $100 million in assets under management.  But Jesse's story is more than just numbers; it's a testament to resilience and determination. From facing bankruptcy and wrongful imprisonment to achieving financial success within just five years, Jesse’s journey is a powerful example of how perseverance can turn adversity into triumph.  Jesse’s commitment to investing goes beyond his own achievements. He has been intentional about passing on his knowledge to the next generation, starting with his own kids. He began teaching them the flipping business at a young age and, by their early teens, focused on helping them invest in apartment complexes and build wealth. From attending real estate masterminds to hands-on property training, his dedication to their growth and entrepreneurial spirit caught the attention of Warner Bros, leading to the upcoming series, Kids Who Flip.  Get in Touch with Jesse Website: https://www.investwithjesse.com/ [https://www.investwithjesse.com/] / https://www.ajxcap.com/ [https://www.ajxcap.com/]  To Connect With Us Please visit our website www.bonavestcapital.com [http://www.bonavestcapital.com] and click here [https://podcasts.apple.com/us/podcast/how-did-they-do-it-real-estate/id1532853594] to leave a rating and written review!

SA1020 | Mentorship: The Game-Changing Tool for Multifamily Investors with Sharon Riddle

In this week’s episode with Sharon Riddle, we’ll explain why mentorship is such a powerful tool for building a strong foundation in real estate investing! Sharon talks about how mentorship made her and her husband realize the possibilities of investing in properties, their transition into focusing on the Texas multifamily market, and their continuous journey to become effective general partners! Key Points & Relevant Topics * How Sharon started her real estate journey through her husband Dan * The power of utilizing other people’s money to invest in real estate * Why Sharon and her husband decided to shift into multifamily investing and how they begin their transition * The importance of mentorship in every aspect of real estate investing * Challenges of being a limited partner in multifamily in today’s market * How asset management and operations are impacting the Texas market * What operators can do to combat challenges and minimize the risks of running multifamily investments * The massive benefits of real estate investing and networking for Sharon Resources & Links Apartment Syndication Due Diligence Checklist for Passive Investor [https://bonavestcapital.com/checklist/] About Sharon Riddle Over her career, Sharon Riddle has worked in companies, nonprofit organizations, and government agencies. She has provided business solutions in the areas of software upgrades and business process analyses and has conducted best business practice research for over 30 years. Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. She took a leadership role in managing all facets of the business, including property analysis, acquisition, rehab, property management, and resale of properties.  Sharon, with her business partner Dan, started the transition to multifamily real estate in 2015 through initial education and investing passively in 18 properties in Texas, Oklahoma, Colorado, Florida, and Ohio, totaling 3,507 units to date. She joined the Women’s Multifamily Mastermind in 2019, has been a personal mentoring student of Brad Sumrok since 2015, and co-founded Excalibre Investments of Texas LLC with Dan.   Get in Touch with Sharon * Website: https://excalibretexas.com/ [https://excalibretexas.com/]  * LinkedIn: Sharon (Birdsong) Riddle [https://www.linkedin.com/in/sharon-riddle-949a3b2b7/] * Email: riddledsn@verizon.net [riddledsn@verizon.net]  To Connect With Us Please visit our website www.bonavestcapital.com [http://www.bonavestcapital.com/] and click here [https://podcasts.apple.com/us/podcast/how-did-they-do-it-real-estate/id1532853594] to leave a rating and written review!

SA1019 | Data-Driven Housing and Multifamily Trends with Neal Bawa

We’re excited to welcome the “Mad Scientist of Multifamily” Neal Bawa back on the show for the 2024 market updates, particularly on the multifamily space! Listen in to Neal’s data-based approach in this episode! Key Points & Relevant Topics * The current state of the economy and multifamily market * How the current trends affect the major real estate markets * Neal’s perspectives and data points on distressed markets and distressed properties * Does the distress in the market affect the multifamily space? * How people can continue to thrive and find opportunities in real estate despite the challenges in the market * The impact of immigration on rent and housing supply in the US * Why it’s a good idea to buy land in today’s market * Neal’s insight on the investors’ sentiments about the real estate market * The future of real estate  Resources & Links * To get the latest updates on Neal’s webinars, visit https://multifamilyu.com/ [https://multifamilyu.com/] to learn how to join. * Apartment Syndication Due Diligence Checklist for Passive Investor [https://bonavestcapital.com/checklist/] About Neal Bawa Neal Bawa is CEO / Founder at UGro and Grocapitus, two commercial real estate investment companies. Neal’s companies use cutting edge real estate analytics technology to source and acquire OR build large Commercial properties across the U.S., for over 900 investors. Current portfolio over 4,800 units, with an AUM value (upon completion) of over $1 Billion.   Neal shares his team’s unique and cutting-edge real estate data methodologies to connect with geeky and nerdy (or just data driven) investors who share his vision - That Data beats gut feel by a million miles. Over 10,000 real estate investors have taken his free Real Estate Data Analytics course on udemy.com and the course has over 1,000 five-star reviews.   Neal speaks at dozens of real estate conferences across the country and virtually, on the Internet. Over 5,000 investors attend his multifamily webinar series each year and hundreds have attended his Magic of Multifamily boot camps. His facebook and meetup groups have tens of thousands of investors.   Neal believes that we are at a turning point, where traditional commercial real estate will combine with Proptech and Fintech technology disruptors, and will truly reach its potential as a tradable, highly liquid asset class that will rival and eventually beat the stock market in its size and scope.  Get in Touch with Neal Website: https://grocapitus.com/ [https://grocapitus.com/] / https://ugronow.com/ [https://ugronow.com/]  To Connect With Us Please visit our website www.bonavestcapital.com [http://www.bonavestcapital.com] and click here [https://podcasts.apple.com/us/podcast/how-did-they-do-it-real-estate/id1532853594] to leave a rating and written review!