Cash Flow Connections - Real Estate Podcast

E80 - Where’s The Opportunity for SFR Investors In Today’s Market?

When it comes to passive investing the most popular avenue for investors is single-family houses. The amount of data that is publically available is so vast it makes the markets much easier to track, properties easier to comp, and the purchase prices are lowering, meaning you can control an entire property without emptying out your E-trade Account. While home ownership is trending down, there has been a substantial price run-up in every type of real estate and many single-family markets are renting at 1% of their purchase price, producing solid 7-8% cap rates. Our guest for today is Marco Santarelli who is an investor, author, and the founder of Norada Real Estate Investments, which is a nationwide provider of turnkey cash flow investment properties. Since 2004, they've helped thousands of real estate investors create wealth and passive income through real estate. Marco is also the host of a popular podcast titled Passive Real Estate Investing. Today we are going to discuss... Which markets SFR investors should be considering and which ones are poised for a massive correction How to select management teams that are worth making a bet on What systems investors need to have in place in order to ensure their properties are being taken care of Learn more about our guest: noradarealestate.com passiverealestateinvesting.com     Subscribe in iTunes. Click here to access our investment opportunities.  

E79 - Are San Francisco Real Estate Prices About To Fall Off A Cliff?

Many people have been wondering what is going on with the San Francisco real estate market, and there's a good chance you are too. San Francisco prices have peaked, and normally the more significant the parabolic shift to the upside, the more catastrophic the downside is. Many data points are suggesting that the San Francisco market is slowing, but what does that mean? Our guest for today is Robert Campbell who is the author of The Real Estate Timing Letter, which is a quarterly report that analyzes several data points of markets and suggests whether the market is likely to experience price appreciation or depreciation in the coming months. Robert has an extensive background in real estate with several decades in the business. He was also a guest on episode 27, called "Is It Possible To Time The Real Estate Market". Today we are going to discuss... Why our guest is a proponent of timing the market, rather than buying and holding Some of the major data points which suggests that San Francisco is poised for a major correction Why our guest does not use price affordability as a leading indicator, but why he can't ignore it either Learn more about our guest: Website: realestatetiming.com Episode 27: Is It Possible To Time The Real Estate Market Subscribe in iTunes. Click here to access our investment opportunities.

E78 - How You Can Leverage Technology With Your Real Estate Business

It's no surprise that technological advances have changed our world and the way we live. Although, over the last 20 years technology has disrupted a great deal of business and even entire sectors of the economy, including real estate. Due to these changes, we now have the MLS which is a website that hosts all of the current real estate listings from all over the United States and makes them viewable to every realtor in the US. Prior to the MLS website, listings were kept on an offline ledger and word of mouth was the way to learn about new listings. Currently, there are new tools, tips, tricks, and hacks that are coming out in regards to the real estate sector that people should be paying attention to. Our guest for today is Tyler Van Winkle who is the Chief Marketing and Information Officer for Affinity Worldwide, which is a family of more than 85 brands. He is also the co-founder of Rivet, a full-service technology and creative agency that serves as the branding and marketing arm of Affinity. Tyler has won multiple American Advertising Awards, Best of Shows, a Cannes Bronze Lion, and many more. He is the owner, or author, of five patents in the tech space and his products have been featured in publications such as Wired.com, MIT Tech Review, Tech Crunch, as well as the front page of the New York Times. Today we are going to discuss... How to use CRMs (Customer Relationship Management) What are some of the CRMs both our guest and I suggest for real estate entrepreneurs Using technology to assist in lead generation The major social media platforms and which one is currently presenting the best opportunity for real estate investors Learn more about our guest: WeAreRivet.comAffinityWorldwide.com   Click Here to Try Out Rent Fax Pro   Subscribe in iTunes. Click here to access our investment opportunities.

E77 - How Ted Benna Invented the 401k

While coming into 2019, take a look at all the previous inventions and technology that has made present life as it is. Could you recall who invented most of these modern features? You probably couldn't, due to the overwhelming amount of inventors that have contributed beneficial innovations throughout the centuries. One of these inventions you may use through your employer is the 401(k) plan. The 401(k) has become the United States's most popular retirement vehicle with more than $15 trillion invested in them. Today, we are lucky enough to have the inventor of the 401(k) as a guest to explain how he made this vehicle work and gained IRS approval. Our guest for today is Ted Benna who is commonly referred to as the "father of the 401(k)" because he created and gained IRS approval of the very first 401(k) savings plan. Ted has received many citations for his accomplishments including a 2001 National Jefferson Award for Greatest Public Service by a Private Citizen, he was one of eight individuals selected by Money Magazine for its special 20th Anniversary Hall of Fame Issue, he was granted a Lifetime Achievement Award by Defined Contribution News in 2005, and many more similarly prestigious awards. Ted has authored four books as well, with the latest being 401(k) for Dummies.   Today we are going to discuss... How our guest figured out the tax law that allowed for a 401(k) contribution plan How our guest was able to overcome his fear, "Why would he be able to figure something out that the top financial firms in the US couldn't" How he dealt with the legal challenges, and what made him confident enough to put a significant amount of money in the first 401(k) How much the industry has changed since its inception and what problems he sees in the 401(k) industry currently   Learn more about our guest: Website: benna401k.com Books: Amazon Subscribe in iTunes. Click here to access our investment opportunities.

E76 - Why Jim Rogers Thinks the Next Crash Will Be Worse Than 2008

Many people are willing to make claims about the financial markets, but if they actually manage a fund, you can see that some of the claims they make don't actually line up with their behavior in terms of the investments that they are making. This is not the case with our guest for today. Back in 2007, he went on CNBC at the peak of the US housing bubble and spoke about how he was selling his New York property and moving to Singapore because he saw that a crash was going to happen, and it did. Now he predicts that the next crash will be even worse than the one in 2008 due to many of the same reasons. Our guest for today is Jim Rogers who is a businessman, investor, traveler, and well-known financial commentator. He is the Chairman of Rogers Holdings and Beeland Interest. Jim has been featured prominently in Forbes, CNBC, Fox, and a variety of other news outlets. Jim also designed the Rogers International Commodity Index (RICI) which represents the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy and metal products.   Today we are going to discuss... Debt and why this next crash will be bigger and more pronounced because of it Central banks and how long they can go on without consequences Why our guest owns the US dollar despite not really being long-term bullish on the US economy Why our guest decided to move to Asia Some of the benefits of living and investing based on an international outlook rather than just staying domestic Learn more about our guest: Website: jimrogers.comJim's Books: Amazon   Subscribe in iTunes. Click here to access our investment opportunities.  

E75 - What Does GDP Tell Us About the State of the Economy

There are several data points that make up the GDP and from this data, we can imply a significant amount about our economic outlook. If you keep up with economic blogs or follow the market, you are aware that for the first time in 10 years things are starting to shift. We are seeing GDP growth numbers coming down on a quarterly basis, late in the cycle. We are going to discuss what those shifts look like and what they imply for the economy and investors. You may be asking yourself, "How exposed are my investments and what is the best way to navigate the future?". Our guest for today is Elliot Eisenberg who is an internationally acclaimed economist, a Ph.D., and a public speaker who specializes in making the minutia of economics fun, relevant and educational. Elliot is the author of more than 85 articles, serves on the Expert Advisory Board of Mortgage Market Guide, and is a regular consultant to several large real estate professional associates, hedge funds, and investment advisory groups. His research and opinions have been featured in Bloomberg, Business Week, Bureau of National Affairs, Forbes, Fortune, and many other publications. Today we are going to discuss... What GDP is comprised of and why it is a commonly used economic metric Why it is mathematically impossible to keep driving the unemployment numbers down and what this implies for the future What rising interest rates mean for economic growth What comes next since we have become habituated to the new tax cuts Some of the drawbacks of GDP and ways it can be misleading Learn more about our guest: Website: econ70.com Text: "Bowtie" to 22828 Subscribe in iTunes. Click here to access our investment opportunities.

Bonus Episode - 2018 Highlights, 2019 Outlook, and Having Fun at VO2 Max

As 2018 comes to a close and we embark on 2019, I believe it is important to not only go over the highlights of this past year but also provide my outlook for 2019. Starting out, I want to give a big thank you to all of you. We have been able to purchase about $45mm of CRE in 2018, and a vast majority of that equity was invested by the listeners of the program. This has allowed us to bring on some key team members including my assistant Nicole Olson, and our Marketing Manager, Adam Carswell. I've had some truly amazing guests on the podcast this year, but I do have a couple of favorite episodes which you should definitely listen to, if you haven't already. How To Create Your Morning Routine, Balance Work and Life, and Reverse Engineer Your Goals Will Rising Interest Rates & New Development Kill The Self-Storage Market? How Geopolitics, Bonds and the Dollar Impact Real Estate Investments Macroeconomic Outlook From A Former IMF Consultant While looking into the future is a great thing to do, it is important to also take a moment to commemorate the achievements you've made in the past. You don't want to become a person that is always harping on the wins of the years prior, but acknowledging them and feeling a sense of accomplishment is just as important as looking forward. In order to grow and meet your goals, measuring things that are significant to you is as crucial as reflecting on past achievements. There is a book called Measure What Matters that is used to track your metrics and measure things that are meaningful to you. If you aren't tracking them, then they become useless. I have big plans for 2019 and I hope that you all will continue to join me this year. For starters, there aren't really a lot of opportunities that I like as much as our current fund. This is due to the low LTV position (58% LTV), it's recession resistance, component, size of the fund, and the quality of the operator. I would like to max out our current fund at $15mm. Currently, we have $12.5mm funded. We currently have about 183 investments. I'd like to add 260 investors to CFC and raise $26mm for new investment opportunities that I truly believe in. We will produce 52 amazing podcast episodes with guests that I respect, admire, and are experts in their field. We'd like to have another conference where the attendees are truly impressed by the level of speakers and attendees. For my personal goals, I plan on getting in the best shape of my life this year as well as marrying my wonderful fiancee. I look forward to all that 2019 has in store for us and I appreciate each of you for listening to the podcast, investing, and supporting CFC along the way. Subscribe in iTunes. Click here to access our investment opportunities.

E73 - Developing Class-A Apartment Units in Austin, Texas

If you've been paying attention to the real estate sector as a whole, you're most likely aware that Austin, Texas has been one of the hottest, if not the hottest, market in the United States for the last 10 years or so. They have had never before seen price increases, as well as tens of thousands of apartment units coming online simultaneously, and that doesn't look like it will be slowing down anytime soon. This may leave you questioning whether or not the market will become over-saturated with vacant new development or if the new units will be rented quickly. Our guest for today is Tom Burns who is an entrepreneur and orthopedic surgeon in Austin, Texas. He is currently a physician for the United States Ski Team and travels worldwide with them. Tom has over 20 years of real estate experience involving acquisition, development, and management of traditional multifamily, student housing, office projects, and manufactured housing. He has participated in the acquisition and development of over $200 million of real estate. He is also a member of the Forbes Real Estate Council and is listed in the acknowledgment section of Robert Kiyosaki's book, Rich Dad Poor Dad. Dr. Burns is also the co-founder and principal of Presario Ventures, which is a private equity real estate company in Austin. Today we are going to discuss... How our guest got connected to Robert Kiyosaki and why he was mentioned in Rich Dad Poor Dad How many apartment units have come online in Austin and how the demand can possibly meet the new supply Why there is essentially no Class B development in Austin and why Class A is essentially the only viable option if you are a developer What types of financing are available for experienced developers in this market Learn more about our guest: Website: presarioventures.com Subscribe in iTunes. Click here to access our investment opportunities.

E74 - Are Series LLCs the Asset Protection Strategy of the Future?

The complexity involving investments becomes greater with each active investment an individual has. This is primarily due to tax laws and the need to file tax returns for each investment.  A new strategy is beginning to emerge that can dramatically reduce the difficulty of filling tax returns on your investments. This concept is known as a Series LLC and it will allow you to take all of your investments and merge them into one LLC, which will allow you to file a single tax return instead of multiple. If our guest is correct and this ends up being solidified in the court system, it could be extremely beneficial to current investors. Our guest for today is Scott Royal Smith who is a real estate investor and asset protection attorney in Austin, Texas. He graduated from Albany Law School and began his career in high-stakes corporate litigation. Scott founded Royal Legal Solutions to offer tax, business, and legal strategies to real estate investors. He has spent the past 8 years of his career diving through case law, reading the ever-changing tax code, and analyzing real estate investment. He is a regular expert contributor to BiggerPockets.com as well as other real investment communities and is currently writing an eBook on asset protection strategies. Today we are going to discuss... What some of the benefits are of implementing a Series LLC structure and how it could impact your business What are some of the things you should be cautious about when creating your Series LLC structure Why having asset anonymity is important and how you can create this by using land trusts How Delaware Statutory Trusts allow people to hold investments in syndications during 1031 Learn more about our guest: Podcast: royallegalsolutions.com/podcasts Website: royallegalsolutions.com Phone: 512-757-3994   Subscribe in iTunes. Click here to access our investment opportunities.  

E72 - Achieving Parabolic Growth Through Masterminding

Years ago, many companies were offering real estate coaching for exorbitant amounts that many people couldn't afford, or did not desire to pay. Some of these coaching programs hit $100,000, and others surpassed this appalling amount. Many individuals who took these coaching sessions got swindled due to the fact that a lot of the coaches had less functional real estate experience than the people they were teaching. Now that many people have shared their negative experiences regarding these programs, that part of the industry has become a bit of a taboo. Nowadays, there is a new era of high price groups, although this time many of them are exclusively attended by some remarkably influential people. The goal of these events are to share and learn from each other to gain further understanding of the real estate industry and how to best succeed. Our guest for today is Jason Medley who is the founder of Collective Genius which is a real estate mastermind group that consists of 120 of the nation's top real estate investors who meet quarterly to share investing systems, strategies, and profit sources. Collective Genius members buy houses, sell houses, lend money, borrow money, and invest in syndications together along with sharing their systems and resources with each other. Today we are going to discuss... How our guest had built up a significant business but the market forced him to hit the reset button on his career in 2008 How some changes in some closing requirements made a shift in the market and created an opportunity for him to start a new business Why he founded Collective Genius Some of the key takeaways he has gotten from talking to so many extremely successful real estate entrepreneurs The most common reoccurring challenges that come up when people are struggling with their business The importance of work life balance and a few tips on how to balance the two Learn more about our guest: Website: thecollectivegenius.com   Subscribe in iTunes. Click here to access our investment opportunities.