Kathy Corton: CEO of Hillcrest Finance | Investing in Debt in 2021 and Expectations for 2022

Kathy Fettke: CEO of Real Wealth | The Power of Mentorship

Kathy Fettke, host of "The Real Wealth Show," interviews successful real estate investors to share their secrets. She also hosts the Real Estate News podcast and is the author of the bestseller, "Retire Rich with Rentals.”. She is a real estate developer, fund manager, and educator. She is a regular guest expert on FOX News, CNN, CNBC, Bloomberg, NPR, CBS MarketWatch, and the Wall Street Journal, and was named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Kathy and her husband, Rich, are active real estate investors in single-family homes, apartments, commercial property, land development, and homebuilding.

Kathy joins me on the Realty Mogul podcast to discuss how we become more successful by learning from those who have done what we hope to achieve and shares some of the advice her mentors gave her along the way. She talks about some of the particularly poignant moments on her podcast and how the stories of how others make passive income touched and inspired her. Kathy also gives us a few of the key takeaways from her recently published book, Retire Rich with Rentals.

“If you just boil it down to what really matters and keep focused on that, then the rest of it is just noise.” - Kathy Fettke

This week on Mogul Insights:

• How Kathy ended up in the real estate syndication business
• How Kathy became enlightened about passive income
• How Kathy made money from sponsorship of her radio show, and how that sponsor ended up opening her eyes to the opportunities in real estate
• The first piece of real estate Kathy invested in and how it made her feel
• How her mentor challenged her to think differently about what wealth looked like
• The four fundamental principles that Kathy abides by to this day when investing
• Which markets Kathy is looking at right now
• Why Kathy loves investing in older properties that need work and bringing them up to standard
• Kathy’s experience in writing and marketing her book

Connect with Kathy Fettke:

• Real Wealth Network Website
• Kathy Fettke on LinkedIn

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter

Christopher Rising: CEO of Rising Realty Partners | Future Predictions for Office and Industrial Real Estate

Christopher Rising is Co-founder & CEO of Rising Realty Partners Estate and manages their day-to-day business activities while also serving on its Investment Committee. Drawing on his experience as Senior Vice President, Asset Transactions at MPG Office Trust, Inc., Chris is skilled at managing acquisitions and creative development. He is a current member of the Pasadena Chapter of the Young Presidents Organization and is a member of the Board of Overseers at Loyola Law School and a member of the board of RiverLA. Chris received his J.D. Law, Real Estate from Loyola Law School and his B.A. in History and Political Science from Duke University.

Chris joins me on the Realty Mogul podcast to share his insights into sourcing great acquisitions in office and industrial real estate and why he is passionate about leveraging technology in the sector. He discusses what he loves about the industrial space and why Rising Realty made the leap from office to industrial. Chris also dives into his post-COVID-19 predictions for office real estate, his belief that they will become hubs for teams as opposed to rows of cubicles.

“There's great real estate all across the country, and you got to be a sharpshooter — you have to understand what you don't know and hire for that.” - Chris Rising

This week on The Reality Mogul Podcast:

• Why Chris moved from law into real estate and how his family background impacted his decision
• Chris’ vision of building a company that was technologically forward and how that vision has evolved over the last 18 months
• Chris’ theory of investing in office space — what he is looking at when underwriting office lease rates
• What Tenant Improvements (TI) and Leasing Commission (LC) are and how they affect Rising Realty’s decision to invest in office space
• Who is making the decisions on where companies position their offices in 2021 and why it’s changed
• Why Chris believes that the office isn’t dead, even after the COVID-19 pandemic
• how to find the ‘great bones’ of a building
• The supply and demand of office real estate and whether you are better off in a growth market with a lot of supply and the economic potential to make development attractive
• Markets that Chris is bullish on in office real estate and those he is more cautious about
• How Chris is taking his expertise in office real estate and bringing that to industrial
• Chris’ predictions of how industrial and office real estate markets will look in 5-10 years

Connect with Chris Rising:

• Rising Realty Partners Website
• Rising Realty Partners on LinkedIn
• Rising Realty Partners on Instagram

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter

Dave Eisenberg: Founder of Zigg Capital | The Future of “Prop Tech”

Dave Eisenberg is the founder, and Managing Director of Zigg Capital, a venture capital fund focused on the real estate and construction industries. He invests in companies that provide novel software and hardware solutions to the real estate industry or that create new uses of space entirely. Before founding Zigg Capital, Dave was the global Senior Vice President of technology at CBRE Group, which he joined due to their acquisition of Floored, which Dave also founded. Dave graduated from Harvard with a degree in psychology and lives in Manhattan with his wife and two daughters.

Dave joins me on the Realty Mogul podcast to talk about what Zigg Capital is, what they’re doing, their core focus, and why they are exclusively looking for technology-based businesses. He also educates us on the different buckets that PropTech investments fall into, from Software as a Service (SaaS) to transaction platforms and hardware companies. Dave also describes just how much net new activity there is in the broader PropTech ecosystem and shares the PropTech niches he is most excited to see develop over the next 10-20 years.

“There’s a lot that’s working against you when you’re a startup: no one’s heard of you, you have no brand, but what you have is you have the ability to take risks that are hard for big companies to take for fear of cannibalizing existing profit streams. You are also able to build on very, very modern infrastructure.” - Dave Eisenberg

This week on The Reality Mogul Podcast: 

• Dave’s career trajectory so far and how his previous fascinating roles led to him founding a capital venture fund
• Why Dave believes that startups are better suited to innovate in the PropTech world than large companies
• How Zigg capital sets itself apart when working with entrepreneurs and the competitive advantage it gives them
• Why Dave thinks that artificial intelligence is going to impact real estate
• Some clear applications for upcoming PropTech
• Why the innovation in the broader real estate ecosystem inspired Dave to start his own fund
• How cryptocurrency will impact the real estate industry over the next 20 years

Connect with Dave Eisenberg:

• Zigg Capital Website
• Dave Eisenberg on LinkedIn

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter

Larry Bond: Co-Founder of Bond Companies

Larry Bond co-founded Bond Companies along with his brother Robert Bond in 1987 and serves as its Chairman. The company has won dozens of awards for its innovative developments throughout the United States. Larry has been developing mixed-use properties for more than twenty years, including the award-winning, Sunset & Vine, a 750,000 square foot mixed-use project in Hollywood at the intersection bearing its name. Sunset & Vine won more than a dozen national awards, including “Project of the Year,” “Best Urban Mixed-Use Project,” “Best Urban Retail Center,” and “Best Residential Project.” This includes the highly coveted “Golden Nugget” award for best real estate development. Bond Companies has offices in Los Angeles and Chicago, and Larry heads up the Los Angeles office.

Larry joins the Realty Mogul podcast to discuss how Bond Companies acquire the land for their developments, the attributes they are looking for, and how they take their first steps with a project. He shares how the company determines the best use for locations in terms of choosing to build mixed-use, multifamily housing, or multi-family with retail or office space. Bond Companies was founded in 1987 and since then has won many prestigious real estate industry awards, so Larry also discusses where they see themselves going in the future.

“One of the ways to create hidden value is literally diving into the details.” - Larry Bond

This week on The Reality Mogul Podcast:

• How Bond Companies find the neighborhoods that are ripe for development and their vision for pre-gentrified locations
• Whether they are making different decisions post COVID for their developments
• Why they have a tenant avatar in mind when building a development
• How Bond Companies dig into the detail of zoning regulations to determine the possibilities for specific locations
• Larry gives a breakdown of the steps needed to bring a successful real estate development to fruition
• How Larry got his start in retail development
• The timelines and financing of Bond companies developments

Connect with Larry Bond:

• Bond Companies Website
• Larry Bond on LinkedIn

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter

Reed Goossens: Real Estate Entrepreneur |10,000 Miles to the American Dream

Reed Goossens is a real estate entrepreneur, investor, author, public speaker, and author. His professional background is in civil/structural engineering, and after nine years in the field, he took the plunge full time into real estate investing and development. Reed moved to the US in 2011, and within the first year, he had purchased his first duplex for $38,000. He subsequently started RSN Property Group, a multifamily syndication investing firm involved in the acquisition of over $60 mill worth of real estate to date. Reed also launched the podcast Investing in the US – An Aussie’s guide to US real estate in early 2016, where he interviews the cream of the crop within the real estate industry to better educate other investors who want to break into the US Market.

Reed joins Jilliene on the show to share the details of his portfolio, his investment thesis, and the assets he’s currently investing in. He gives listeners insights into the mindset required to overcome your fears, the importance of taking action, and the habits that he practices to keep him on track to achieve his goals. Reed also shares what he is doing in his underwriting to mitigate climate change issues in his assets, particularly in the light of the unanticipated weather in his major area of interest.

"You don't get to deal number 10 without doing deal number one." - Reed Goossens

“Investment strategy has to be value-added — I have to be able to come in and add value to the asset, it's not coming in and putting it on pause and letting it coast, and hopefully, inflation and market growth happens, I want to be forcing that that appreciation.” - Reed Goossens

This week on The Reality Mogul Podcast:

• How Reed made the giant leap into purchasing his first property in Syracuse, NY, and the lessons he learned from that purchase
• How he found networking opportunities in the USA and the moment he realized he could scale his property business
• Key lessons that Reed has learned as part of his growth journey
• Why his investments are concentrated in Austin and San Antonio in Texas and whether he saw a lot of problems with your assets during the major freeze earlier in 2021
• Reed’s value-added strategy of not buying fully stabilized deals
• Which markets other than Texas are attractive to Reed right now
• Reed’s thoughts on where interest rates are going to go and how he is mitigating his risks
• What Reed thinks about the impact of and inflation as the result of COVID relief bills and other stimuli and how it will impact his portfolio and thesis moving forward
• What the next five to 10 years hold for the RSN Property Group

Connect with Reed Goossens:

• Reed Goossens Website
• Reed Goossens on Instagram
• Reed Goossens on Facebook
• Reed Goossens on Twitter

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter