Multifamily Investor Situation Room

Ola Dantis is living his dream and is helping others do the same.  He’s a serial entrepreneur, and founder of Dwellynn.com, a multifamily real estate investment firm, and hosts The Dwellyn Show.  Join us as Ola discusses how he raises capital from institutional investors.

If you think you are busy, wait until you hear from Chris Roberts.  He is actively invested in many businesses and real estate investments, yet he still seems to have enough time in the day to not only accomplish all essential business tasks, but he also has enough time to spend with his family and maintain his physical health.  To date, Chris has successfully invested in over 2,200 units across the country and has a wealth of knowledge to share.  Listen in as he reveals his secret to accomplishment and the importance of speaking directly with the decision-maker in a recent deal.

Brook Katzen is a real estate investment and development professional that primarily focuses on multifamily and hospitality acquisitions.  He has extensive experience in developing office, retail, industrial products, and large mixed-use developments.

Nick Ameluxen is a partner at Quantum Capital heading acquisitions and asset management.  After spending years pursuing safety in his  W2, he realized he had not reached his full potential and he wanted more.  Shortly after beginning real estate investing in 2015, he has achieved the elusive freedom so many desire.  Now, his goal is to help others understand the benefits from owning multifamily complexes and show them how they can achieve the same freedom has.

Matt Moreland is a Realtor and investor in Lubbock, Texas.  After working as a real estate financial analyst and analyzing thousands of deals, Matt decided to invest in his own properties.  After successfully raising the rents on his first quad deal to $10,000 monthly, he became hooked.  Now, Matt specializes in multifamily and other investment real estate, and he assists other investors in growing their portfolio.

Jason Yarusi is a real estate syndicator and founder of Yarusi Holdings, a multifamily real estate investment firm.  He is currently a general partner on over 800 units with 450 units under management.  He is also co-host of The Jason and Pili Project, a project to serve those looking to lead a Fit, Rich Life.  With 15 years of business under his belt, Jason shares with us how tracking your market can give you an edge and set you on the path to success.

Rodney Thompson has worked in IT for 36 years and management for the last 20 years.  He started out investing in single-family homes and soon realized the challenges with scaling the single-family business model.  He eventually changed his strategy and began investing in commercial real estate.  Early on, he was the lead sponsor on his first deal, when several days before closing, he realized they were short on the capital raise.  In this episode, find out Rodney’s key takeaway and what happened with his first deal.

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!  Through his years in the military, Tim has not only learned the power of high-level leadership, teamwork, discipline, and grit; he became a certified Command Financial Specialist, educating hundreds of Sailors and Marines on personal finance and creating financial freedom.  Tim is now a Senior Managing Partner of both Kelly Housing Group and ADPI Capital where he and his partners invest in and syndicate multifamily property in the affordable and workforce housing spaces with a focus on apartment communities, mobile home communities, and storage facilities.

David Gutierrez is an active duty Naval Officer that has been serving the country more than 18 years.  He’s the co-founder of Storehouse 3:10 Ventures, LLC which is a real estate investment company that invests in cash-flowing rental properties.  He is passionate about helping other active duty service people develop a transition plan through real estate investing.

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.  Join us as he shares why active duty service people should have a transition plan and how skills learned from serving in the military has helped him in his real estate investing business.

Kyle Mitchell is a real estate entrepreneur that focuses on syndicating multifamily properties and currently has over $17 million in assets under management.  He is also the co-host of the weekly real estate podcast, Passive Income through Multifamily Real Estate.  His background in operations, management and logistics has given him insight into the importance of systems, and in our case, asset management.   You can have an outstanding deal in a great market, but still lose if you don’t manage the asset properly.  Join us in this episode as Kyle shares some tips on how you can level up your business with asset management.  Also, if you haven’t done so yet, make sure you get registered for the asset management summit Kyle is hosting.  You can go to AMSummit2020.com and register there.

Thomas Castelli is a CPA, a podcast co-host for The Real Estate CPA, and a multifamily real estate syndicator.  He completed his first syndication as a general partner of an 82-unit apartment community, and he has participated in many deals as a limited partner.  In this episode, he shares with us the thought process of a limited partner when looking at investing in other people’s deals.

Matthew I. Paletz is the Chief Executive Officer of Paletz Law, located in Troy, Michigan.  Matthew practices in the area of real estate litigation in Michigan and Ohio with an emphasis in landlord-tenant law, protecting the rights of creditors in bankruptcy and national fair housing defense of property owners. He also regularly presents training sessions for his clients on both legal best practices and the technology that is offered through PaletzTrack, the Firm’s mobile app that allows clients to monitor the status of their eviction cases online 24/7.   In this episode,  we discuss: Ways the COVID-19 pandemic has affected his clients and how they operate. How the pandemic may change how the legal system addresses landlord-tenant cases in the future. Recommendations for communicating with tenants about rent collection during a time of uncertainty and more.

Shannon Robnett is a real estate developer, and CEO of Shannon Robnett Industries, and he has completed over $200 million in construction projects ranging from multifamily, office buildings, schools, industrial, mini-storage, and more.  Shannon sees tremendous value in development strategies versus value-add.  In this episode, he shares some snapshots of his 40 years in the real estate business, including how he works with city government and residents to determine the right product to develop, and how development makes even more sense especially when we are expecting little to no rent growth in the immediate future.

Dugan Kelley is co-founder of Kelley Clarke, PC, which is a boutique law firm with a national presence.  He chairs the firm’s securities and real estate practice group, where he focuses on assisting clients of multifamily, commercial, and residential acquisitions and sales.  He has structured acquisitions in excess of $2 billion.  With more than 20 years of experience, Mr. Kelley helps us understand some of the important legal aspects of both the real estate transactional and securities sides. Disclaimer:  This content is for educational purposes only and should not be taken as direct legal advice.  Consult with an attorney for your specific situation.

In our industry, we are typically told to stick with larger MSA’s that have a minimum population of one or two hundred thousand, has had consistent growth in population, income, and jobs over the past ten or more years, consistent rent growth and more.   The challenge is there are so many investors throwing money into those markets that cap rates have compressed to a point where it’s becoming increasingly difficult to make the numbers work.  Why not consider a path less traveled by the masses?  This is exactly what George O’Brien did when he began investing just outside of Pittsburgh, Pennsylvania.  While the surrounding area may not be one of the first places that comes to most people’s mind as an ideal place to build wealth in real estate investing, George has found tremendous success, including developing consistent deal flow, hitting double-digit cash-on-cash returns, and achieving support of community banks willing to bank roll his investments.  You may not have massive appreciation at the end of the holding period in these markets, but you can receive solid cash flow.

San Eng is an international investorpreneur that has an institutional investment background in venture capital, private equity, and family offices.  In his early days as an entrepreneur, he raised over $100m, and he has deployed more than $500m in capital as an investor.  Many of us out there working on syndicating real estate investments typically focus on attracting HNW individuals, which could be either accredited or sophisticated investors.  There aren’t many people in our space that raise capital from institutional investors.  I have found those individuals that are able to raise institutional money, tend to grow much faster.  While our entire conversation is not solely focused on real estate investing, there are some important parallels you can grab onto and apply them to your business.  One of those key points that stood out is the timing of the exit.  When is the right time to exit?  Join me as we step into the mindset of an institutional investor.

Cody Laughlin is just like many of us out there that grew up in a household that stressed the importance of education and its relevance to earnings power.  In 2008, after seeing first-hand how people he knew having worked for 30-40 years were unable to retire because their retirement funds were wiped away, he knew there was something wrong with the narrative society had framed over the years.  After becoming an accidental landlord, and succumbing to the “shiny object syndrome” a few times, he circled back and returned to real estate investing.  Now he is transitioning into the multifamily space, where he attempted his first raise for a deal last year.  Find out how Cody changed his mind set and how you too can do the same if you are willing to learn and grow.

After acquiring 20 rental properties, Venkat sought to quickly scale up his portfolio with multifamily syndication.  Even though he had a lot of success in the single-family space, it was challenging for him to convince brokers in his target market to give him and his partner a chance at some apartment communities that were on the market.  They shifted strategy and a few months later, took down their first 100 units, and 120 units immediately following their first deal.  In this episode, Venkat shares with us tips on how new syndicators can get started and have brokers take them seriously. He also shares with us his reasoning behind vertically integrating his company and why you should consider it as well.

Joseph Bramante decided that if he were going to invest in real estate, he was going to go big or go home.  People he knew were buying up single-family properties at rock-bottom prices and he wanted in on the action.  The only thing was he wanted to buy 80 properties at once rather than buying one property at a time.  After running into repeated roadblocks with lenders, there was one lender that suggested he simply by a multifamily apartment community instead.  He purchased a 26-unit property, sight unseen, that seemed as though it was a home-run, or so he thought.  Today, Joseph is the CEO of TriArc Real Estate Partners based in Houston, Texas where he is leading the company’s development and strategy for creating long-term investor value as they seek to acquire over 20,000 units in the next ten years.