Category Archives: Multi-Family

Ep. 161 Omar Khan: Understanding the Analytics of Multifamily Syndication

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For many investors, multifamily syndication is an intriguing and attractive way to scale investment goals. And with good reason. Syndicated funds can be used to leverage greater returns than you’d normally see investing on your own.

Syndication can be a great mutual benefit for both the syndicator and investor – if you understand what it takes for a good syndication deal.

Due diligence is important for any investment, but it’s especially true with syndications. In many ways the stakes are much higher. Whether your contributing capital for a syndication deal or you are the syndicator using using the capital of others, you need to understand the structure of a good deal.

That’s where analytics come in.

Understanding the Analytics of Multifamily Syndication

When you place your funds into a syndication pool, your putting a considerable amount of trust in the person actually making the investment. That’s why you should be aligning your investment goals with data-driven syndication deals.

If somebody is going to tell you your funds are in good hands, they better have the data and metrics to back that up. While no investment is zero-risk, a syndication deal backed by a comprehensive market and asset data analysis has much stronger prospects than one without.

About Our Guest

multifamily syndicationOmar Khan is a real estate investor with Boardwalk Wealth. Boardwalk Wealth is an investment firm that focuses on helping international investors find U.S. multifamily assets.

This episode, Omar discusses the importance of understanding the analytics of multifamily syndication and also shares why he is bullish on the Florida multifamily market.

For more information about Boardwalk Wealth services or to discuss Florida multifamily syndication deals, you can contact Omar directly at omar@boardwalkwealth.com.

 

 

 

 

Ep. 156 Neal Bawa: A Data-driven Investment Strategy Can Bring You Stable Returns

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Real estate markets across the board are tightening. In Florida especially, investors are finding not only more competition in major asset types, but also increased demand for construction materials and labor.

If you’re a multifamily investor, you’ve probably been feeling some considerable pressure affecting your investment growth. If you’re finding that your current investment strategy is no longer working for you, it may be time to consider a change.

A Data-driven Investment Strategy

Now more than ever, it’s becoming essential to delve into the data and metrics of real estate investing if you want to find a good deal. While digging into numbers may not be everyone’s idea of a good time, a data-driven approach to your investment strategy can give you an edge over market conditions.

You don’t need to be a Poindexter to factor data metrics into your investment strategy either. It’s more about being aware of — and understanding — how these external factors directly affect real estate. Tailoring your investment strategy with these in mind

About Our Guest

investment strategyNeal Bawa is a real estate investor and educator. His path to multifamily investing is unique in that he did not begin as a traditional investor. With a background in finance, Neal was working for a tech company when he was tasked with overseeing the build-out and development of a new corporate campus.

After converting another commercial development into office condos, Neal fell in love with multi-tenant real estate investing. Neal was able to apply his data-driven approach to multifamily investing and has since grown to be a considerable force in multifamily acquisitions and management.

Neal is the President and COO of Financial Attunement as well as the CEO and Founder of Multifamily U.

 

 

 

Ep. 152 Casey Siggins: Your 2018 Real Estate Lending Outlook

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February marked this year’s Mortgage Bankers Association Conference & Expo. The annual summit serves as a chance for those involved in the real estate lending industry to discuss trends, market cycles and forecast conditions.

Trying to make sense of the real estate lending market?

For the uninitiated investor trying to make sense of real estate lending and financing options, it came seem like a lot to take on. There are a lot of factors that play into the overall conditions of the real estate lending market. The MBA conference is a great way for you to get a gauge on current lending conditions and alternative financing options as well as an idea of what you can expect to see coming down the road via legislative and regulatory changes.

If you can’t attend these conference, that’s okay! Each year, we talk with an industry insider who attended the conference to bring you key takeaways and insights into the world of real estate lending.

This episode, we talk with Casey Siggins, a loan origination expert with Franklin Street specializing in real estate debt and equity. Casey gives us his takeaway from the conference and we discuss what’s going on with the big players: agency debt, CMBS, and bank loans. We also talk alternative financing and lending options as well as construction loans.

Don’t miss this episode for your real estate lending outlook!

About Our Guest:

real estate lendingCasey Siggins is the Director of Loan Origination with Franklin Street Capital Advisors. Casey specializes in the origination of debt and equity for all income-producing properties. Previously a Senior Analyst with Franklin Street, Casey assisted in the transactions of more than $200 million in assets. Casey is actively involved with the Tampa Bay real estate investing community.

You can reach Casey directly at casey.siggins@FranklinST.com or by calling his office at (813) 397-1638. You can find out more about services offered by Franklin Street through their website.

 Resources

 

 

 

Ep. 151 Jon King & Kurt Westfield: Strategic Partnerships Can Help You Transition Your SFR Portfolio to Multifamily

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Want to transition your single family portfolio to multifamily investments?

It might seem like a lot to take on, but it can be done! If you are a regular listener, you have heard past episodes with guests discussing their transitions to more scalable asset classes. While each investor has their own, individual strategy for making the transition, there is a common thread throughout most of these stories: they didn’t do it alone. Scaling your real estate investment goals through a transition to a different asset class might seem intimidating, but forming strategic partnerships can empower you to realize and achieve those goals.

The Power of Strategic Partnerships

This episode, we learn how a focused vision and a strategic partnership helped one investor successfully transition from a single-family portfolio to multifamily and promoted mutual growth.

Our guests this episode are Kurt Westfield and Jon King.

multifamily investing and finding a strategy as an apartment investorKurt is a returning guest to the show, who has spoken about his own multifamily transition in the past. He is the co-founder of WC Companies – a full service real estate investment firm, as well as an active investor in the Tampa Bay area.

 

 

strategic partnershipsJon is a single-family investor currently transitioning to a focus on multifamily. Jon connected with Kurt’s story of transition and reached out about possibilities of his own. Thus, a strategic partnership was born. Jon and Kurt are in the process of liquidating Jon’s SFR assets and purchasing multifamily properties. Jon is also forming a syndication fund – Dreamstone Investments to leverage other people’s capital into managed assets.

This episode, Jon and Kurt discuss this transition and how strategic partnerships have enabled them both to explore new opportunities on their real estate journeys. Check out this episode to find out how you can leverage and scale your investment strategy!

 

 

Ep. 149 Bryan Chavis: How Continuing Real Estate Education Can Open New Doors on Your Multifamily Journey

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The path to real estate investing requires two things: perseverance and know-how. You need perseverance to keep hitting the markets; networking and finding deals, but first you need to real estate investing works.

Often when we see or hear stories of struggling investors, they are missing one of these two fundamentals. You may be able to get by for awhile with investing blindly, but more often than not, that ends up getting you burned. Maybe you understand investing in a certain asset class – say single family homes. However, you don’t know what you don’t know. There may be other opportunities out there for you to scale your investing, but if you don’t educate yourself, you may never find them. A willingness to learn and adapt your strategy is essential for any investor. If you are starting on your multifamily journey, a continuing real estate education is the best way to open new doors and discover new opportunities.

Our guest this weeks understands the importance of education and perseverance.

Multifamily Property ManagementBryan Chavis is an active multifamily investor as well as author, blogger, educator. His best-selling books Landlord Entrepreneur and Buy It, Rent It Profit, outline the financial draws of investing in multifamily rentals. He also runs the Landlord Academy, through which he shares his knowledge and experience of owning and managing multifamily rentals and coaches others how to do the same. Bryan is a testament to how a continuing real estate education can open new doors on your multifamily journey. The road may get rocky and Bryan will be the first to tell you that you’re going to experience setbacks, knowledge and perseverance will see you through.

After realizing the path to his multifamily journey was appearing before him Bryan dedicated himself to learning and understanding multifamily investing with a holistic approach. Bryan worked his way up, starting on the leasing side and working his way into property management. This experience showed him the cashflow potential of multifamily properties and he was able to leverage that property management experience into equity ownership deals. By dedicating himself to a multi-faceted approach to his real estate education, Bryan managed to leverage his skills and experience into a strategy that works.

Check out this episode to learn how a real estate education can open new doors on YOUR multifamily journey!

Contact Bryan:

You can schedule a visit with Bryan at his Park Plaza property and learn more about his strategy and outlook! 800-535-2476

For more info on the Buy It, Rent It, Profit Summit and other resources, visit the Landlord Academy website.

Ep. 146 Jenna Diermann & Lucas LeBlanc: Two Real Estate Investors’ Journey from Vacation Rentals to Multifamily

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Sometimes, embarking on the journey to becoming a real estate investor isn’t just a mental one – it can be a physical one too! It takes focus and vision to realize your real estate investing goals and that can mean stepping out of your comfort zone. That’s what our two guests this episode are doing and it’s paying off.

Lucas LeBlanc and Jenna Diermann began on their investment path when they started looking at ways to ensure financial freedom. With a goal to build a passive income portfolio consisting of both short and long term rental properties, Jenna and Lucas found that their home state of California didn’t afford them the opportunity to fully realize their real estate goals, so they landed on the Florida market, relocating to Tampa.

Jenna and Lucas have started DreamStone Homes with hopes to build a portfolio of vacation and multifamily rentals throughout the Tampa Bay area.

What makes these two so interesting is their drive and creativity. Since moving to Tampa earlier this year, the two have already started work on a single family renovation and are currently under contract for a mulltifamily property. By finding a unique niche, they have been able to focus their investment goals to actionable results. Jenna is a well-known DIY designer and decorator who’s work has been featured on several home and living platforms. By applying her special brand to their properties, they are able to find investments that work for them.

Listen to their investment journey!

Contact Lucas and Jenna:

Ep. 145 Rod Khleif: Putting Your Multifamily Investing Goals into Perspective!

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multifamily investing

Photo: Gregory Radford

The new year is a time for new resolutions. For real estate investors, that means setting investment goals. Like many New Year’s resolutions though, sometimes it can be hard to put investment goals into practice. If you’re a single family investor looking to make the transition to multifamily investing, the leap can seem like a big one. However, setting practical investment goals can help you organize and plan your strategy as you make the transition.

That’s why we’re so excited to have this week’s guest back on the show! In this special live event, Rod Khleif joins us for an inspirational multifamily investing discussion and Q&A session.

For a talk on putting your multifamily investing goals into perspective, we wouldn’t want anyone other than Rod. His wealth of experience as a multifamily investor and his enthusiasm for sharing that experience makes for an inspirational and motivational event; perfect for putting your investment goals into perspective.

This episode Rod discusses his real estate journey and how, by forming practical investment goals, he was able to focus his multifamily investing strategy.

About Rod

Investor, author and real estate investing mentor, Rod Khleif, believes in the power of actionable investment goals. Setting goals for himself not only inspired him to become a successful real estate investor, they also empowered him to forge his path with a focused strategy. Since then, he has devoted much of his time to helping others realize their investment dreams.

For more from Rod, visit:

 

Ep. 144 Joseph Gozlan: Scaling Your Multifamily Investments Through Secondary Markets

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multifamily investmentsMultifamily investing is often the next step for real estate investors – typically those with single-family experience – looking to scale their investing and increase earnings through investment real estate. However, current market levels in major MSAs throughout the country are causing many multifamily investors to wonder how to continue adopting sustainable growth strategies.

While many multifamily markets may be reaching dizzying heights, you shouldn’t let that deter you. For the investor willing to put in the work, opportunity awaits. A little creativity and diligence can go a long way if you are looking to scale your multifamily investments. Just ask our guest this week.

Joseph Gozlan moved from Israel to Texas in 2007, quickly realizing the single-family investment potential available at that time. From there, he asked himself how to continue scale his real estate operations, finding multifamily investments to be the desirable vehicle.

Founding Eureka Business Group, Joseph has continued to scale and his multifamily investments, applying creative strategies in secondary and tertiary markets to find sustainable growth.

Scaling Your Multifamily Investments Through Secondary Markets

  • Why Multifamily?
    • Major MSAs nearing top of market
    • Huge generational shift from buying to renting
      • Baby-boomers
      • Millenials
  • Looking at Secondary Markets
    • Who are the major employers?
    • What are the major economic drivers? What are the risks?
    • What is the historical performance of the market?
  • Finding the Right Property
    • Focus on sustained returns
      • A-class multifamily may be hot, but B+C properties can fare better in market downturns
    • Think locally
      • Boots-on-the-ground market knowledge is key
      • Work with boutique brokerage firms
      • Build a trusted team on the ground
    • Off-market properties
      • Form local relationships in your desired market

Contact Joseph

Joseph is always looking to form relationships with brokers, property owners and sellers. If you’ve got a multifamily deal or have a question for Joseph, you can reach him be following the link below:

 

Ep. 143 Kris Chana: Multifamily Investing with a Twist – The Untapped Potential of Assisted Living Facilities

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assisted living facilitiesWhat do you think of when you hear the term “assisted living facility”? Most of you are probably picturing nursing homes, with orderlies and nurses and fully-equipped medical wards… probably something that most real estate investors would consider too much to take on.

However, assisted living facilities and senior care complexes tend to get a bad rap, especially considering the incredible investment potential they hold. Instead of thinking about assisted living facilities as old-folks’ homes or nursing homes, investors should look at these facilities as what they really are: multifamily investment opportunities.

Kris Chana is a an assisted living facility investor who brings a unique look at how multifamily investing strategies can be applied to this often over-looked asset class. Kris, along with his wife, Chelsea Chana, are the owners and operators of Chelsea Place Senior Care in Charlotte County, FL, Kris understands the potential for returns on senior care facilities. In addition to a full-time assisted living facility, Kris and Chelsea also own and operate a senior daycare facility. They are pioneers in applying traditional, multifamily investing concepts to senior living and this episode, Kris will be sharing their story along with tips on how investors can get involved in this unique and largely untapped asset class.

Find out about the untapped investment potential for Assisted Living Facilities!

  • Not just an asset class for institutional investors
    • Roughly 70% of ALFs are individually owned and operated
  • Not nursing homes
    • Does not require major medical component
    • ALFs are largely private-pay
    • More hospitality-driven than medically-driven
  • Multifamily… with additional services
  • Large demand for assisted living facilities through incoming baby-boomer generation

Strong ALF Markets in Florida

  • Sarasota County

Contact Kris

By email: kris@chelseaplaceliving.com

Phone: (941) 883-6600

Web: https://chelseaplacecare.com/

 

Ep. 141 Brian Bailey: A Federal Reserve Commercial Real Estate Expert’s Outlook on Florida

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As part of the Federal Reserve’s wide scope of responsibility and oversight, the eight regional branches are tasked with monitoring residential and commercial real estate markets; tracking trends and data in order to more accurately adjust to market fluctuations affecting the economy. These studies provide hard data for the Fed to make economic adjustments, but they can also be a great gauge for real estate investors. Any successful investor will tell you that the ability to forecast changes in the real estate cycle is vital. As much as knowing your market and asset class, an awareness of other economic factors is important for mitigating investment risk.

The Federal Reserve Bank of Atlanta serves as the central bank’s regional authority for the southeast. It tracks real estate markets for the region, including Florida and offers comparisons on a national scale. Our guest this week is a commercial real estate expert with the Fed’s Atlanta branch.

Florida commercial real estate outlookBrian Bailey is a Senior Technical Expert in the Supervision and Regulation Division of the Federal Reserve Bank of Atlanta. Specializing in commercial real estate, Brian tracks and analyzes emerging trends in the southeastern region and provides thought leadership on commercial real estate and guidance for the central bank.

Brian brings a diverse background in commercial real estate finance and acquisitions to the Fed. He has over 15 years of experience in commercial real estate finance, having managed financing for millions of square feet in real estate holdings for several large-scale equity and development firms. Brian received an MBA with concentrations in Real Estate and Finance from the University of Florida and has earned a CCIM designation.

You won’t want to miss this commercial real estate outlook on Florida!