Making Money in Multifamily Real Estate Show

While I have truly enjoyed hosting the show over the last several years. I have found it a good time to stop producing episodes.

As our real estate business develops and changes. I have to be very careful with where I spend my attention and energy. And unfortunately, I think the podcast is one of the things that I don't think I can continue without sacrificing other areas of our business.

I am super, super grateful for what the show has given me over the last several years, including a lot of my own education. A lot of great relationships that I've built.

I hope that in turn, the show has given you some value, whether it's something you learned, someone you ended up reaching out to, whatever it may be.

I'd like to thank you for listening and if we haven't connected and you want to stay in touch be sure to reach me at [email protected] or through our website davidtravis.com.

Thank you

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Introduction
Caleb Johnson is the founder of Red Sea Capital, which was founded in 2022. Red Sea currently has 86 units under management across Oklahoma, New Mexico, and Arizona. Caleb is also the host of the From Trial to Triumph podcast.

Highlights
(0:07:17) - Sourcing commercial properties and alternative investments like short term rentals
(0:12:21) - A Hawaii STR opportunity and underwriting STR deals
(0:28:35) - Caleb emphasizes the importance of showing both the risks and rewards to potential investors when raising capital for alternative investments like Airbnb's in Hawaii.
(0:35:45) - The challenges of raising capital on your first deal
(0:55:40) - Caleb's networking strategy and its role in helping him land more deals in real estate investing

Connect with Caleb
https://redseacapitalgroup.com/

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Introduction
Matt Williams is a seasoned investor with over 22 years of experience in real estate. Before making his mark in real estate, he began his career as a mortgage broker. In addition to being a successful investor, Matt has also spent the last 13 years sharing his knowledge as a public speaker.

Highlights
(0:06:35) - Silicon Valley Bank's and the tech industry
(0:09:02) - Analysis of Fed funds rate hikes and the impact of mortgage-backed securities.
(0:18:15) - Discussion on the FDIC reserves and advice on how to pick a strong bank
(0:33:13) - Examination of the consolidation trend among US banks and the potential risks of a centralized banking system.
(0:39:02) - Analysis of the warning signs missed before SVB's collapse
(0:46:35) - Some positives outcomes that could follow these events

Connect with Matt
Instagram

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Introduction
Vessi Kapoulian Founder is the Founder of DBA Capital Group which focuses on operating multifamily investments under both a JV and syndication model. DBA's Portfolio consists of GP 161 units across seven properties, totaling $13M in AUM

Highlights
(0:06:40) - Thorough market research and focusing on factors like median household incomes, poverty rates, and crime rates.
(0:15:40) - The significance of exit caps in the valuation of properties
(0:18:30) - Why you should revisit insurance premiums throughout the investment sale process
(0:24:53) - Vessi shares resources and advice for underwriting success, including the use of deal analyzers and the importance of networking with other investors.
(0:27:40) - "Fall in love with the numbers, not the deal."
(0:31:20) - Overcoming challenges and pursuing growth in business. Vessi shares a personal story of a challenging deal and how she overcame the obstacles.

Connect with Vessi
https://dbacapitalgroup.com/

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Introduction
Tom is the Chief Investment Officer for Belrose Storage Group. Belrose specializes in acquiring underperforming self storage facilities in the Eastern US. Before Storage, Tom had a background in corporate finance and 25 years of real estate investment experience

Highlights
(0:00:22) Tom talks about his journey from corporate finance to real estate investment and shares how he and his partner found self-storage to be the ideal asset class
(0:07:33) The importance of leveraging talents and building strategic partnerships, and challenges in the acquisition process
(0:12:18) Navigating the fluctuating interest rates when looking for loan terms
(0:18:52) The importance of having lenders and deals lined up is discussed. Tom shares his insights on self-storage as a reliable asset class in good and bad times, and the value-add opportunities implemented by Bellrose Storage Group
(0:29:44) Understanding the supply and demand of the market when acquiring a new facility, and the impact of effective marketing and how small-scale owners' operations can affect rent rates.
(0:34:22) Tom shares a story of how his team overcame obstacles and improved business strategies. He talks about the resilience required in times of uncertainty and the significant role technology has played in maximizing operating efficiency.

Connect with Tom:
https://belrosestoragegroup.com/

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Introduction
Drew Breneman has been investing in real estate since he was 19 years old where started in the single family space. He went on to get his degree in real estate and urban land economics and then worked for several national real estate development firms. He then went on to co-found three companies; Breneman Capital in 2005, Black Hawk Investment Group in 2008, and Dwell in 2019, which focuses on Chicago real estate investing and property management. Drew is also the host of the Brenman Blueprint podcast

Highlights:
(0:00:11) - Drew's start at 19 years old to the founding of three companies and a successful podcast
(0:13:40) - Drew talks about transitioning from investing in Chicago to investing in other markets, and shares his strategies for keeping up with new business and getting an edge in the markets.
(0:22:22) - Real estate investment structures and financing
(0:34:02) - Overcoming shyness, emphasizing the importance of curiosity
(0:38:07) - The host shares his own experiences in real estate investment, offering practical tips and emphasizing the importance of networking and keeping things simple.
(0:13:40) - Drew's future investments, focusing on markets that are trending positively and sharing strategies for finding deals that make sense.
(0:22:22) - The conversation delves into the specifics of the deals Breneman makes, including the types of properties they purchase and the strategies they use to increase cash flow.
(0:22:22) - Debt lending environment is examined, a dive into five-year fixed Fannie  loans

Connect with Drew:
Drew's Website
Drew's Podcast - Breneman Blueprint

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Rama Krishna is the host of the Multi-Family AP360 podcast and author of Creating Wealth Through Passive Apartment Investing. Rama shares his journey from single-family to multi-family real estate investing, revealing invaluable insights on selecting the perfect location, establishing trust with brokers, and building a solid track record.

Learn how to continuously assess and improve various aspects of your real estate business, including implementing effective systems and processes, hiring reliable property management companies, and forming partnerships with the right people. Rama also tackles the challenges of finding suitable partners and capital in the current market, providing valuable advice on how to approach deals with multiple options to secure the ideal partner.

Highlights:
(0:00:20) Rama Krishna discusses his transition from single-family to multi-family real estate investing and the importance of selecting the right location.
(0:10:58) The importance of assessing and improving various aspects of the real estate business, such as systems and processes.
(0:15:16) The discussion focuses on market factors impacting investors, like interest rates, capital exit strategies, and rent projections.
(0:20:12) Rama shares his thoughts on bridge debt, agency debt, and loan assumptions when evaluating deals.
(0:22:45) The challenges of finding suitable partners and capital in the current market are discussed.
(0:24:34) Establishing trust with brokers and building a solid track record.
(0:29:37) The importance of networking and building strong relationships in the multi-family real estate market.

Connect:
Rama's Podcast
Rama's Book

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Rama Krishna is the host of the Multi-Family AP360 podcast and author of Creating Wealth Through Passive Apartment Investing. Rama shares his journey from single-family to multi-family real estate investing, revealing invaluable insights on selecting the perfect location, establishing trust with brokers, and building a solid track record.

Learn how to continuously assess and improve various aspects of your real estate business, including implementing effective systems and processes, hiring reliable property management companies, and forming partnerships with the right people. Rama also tackles the challenges of finding suitable partners and capital in the current market, providing valuable advice on how to approach deals with multiple options to secure the ideal partner.

Highlights:
(0:00:20) Rama Krishna discusses his transition from single-family to multi-family real estate investing and the importance of selecting the right location.
(0:10:58) The importance of assessing and improving various aspects of the real estate business, such as systems and processes.
(0:15:16) The discussion focuses on market factors impacting investors, like interest rates, capital exit strategies, and rent projections.
(0:20:12) Rama shares his thoughts on bridge debt, agency debt, and loan assumptions when evaluating deals.
(0:22:45) The challenges of finding suitable partners and capital in the current market are discussed.
(0:24:34) Establishing trust with brokers and building a solid track record.
(0:29:37) The importance of networking and building strong relationships in the multi-family real estate market.

Connect:
Rama's Podcast
Rama's Book

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Chris Stout, the principal at Stout Cap. With two decades of experience in residential construction and over a decade of experience as a multifamily investor, Chris shares his expertise on identifying well-maintained properties and development opportunities, as well as the benefits of a construction background in the industry. Learn valuable insights into his preference for 2000s builds and how staying ahead in real estate acquisition is essential for success.

We discuss various loans available for residential construction and multifamily investment, and the importance of underpromising and overdelivering when it comes to fiduciary responsibility. Chris enlightens us on how fixed rate bridge loans and lines of credit for capital expenditures can help investors stay ahead of the competition. We also delve into the significance of staying in touch with brokers and doubling down on relationships in order to succeed in this competitive market.

Join us as we explore the emotional roller coaster of entrepreneurship and the key to pushing through difficult moments. Chris shares his personal experience of cold feet before closing a deal and the importance of buying the right thing. We also touch on market volatility, the need to stay persistent when making decisions, and how understanding the explanations for various opportunities can help increase the chances of success. Don't miss out on this informative and engaging conversation with the highly experienced Chris Stout!

Highlights:
0:03:37 - Investing in Development and Newer Builds
0:09:55 - Skepticism in Business Decisions
0:17:06 - Staying Ahead in Multifamily Brokerage
0:22:34 - Investing in New Construction Projects
0:25:22 - Proving Yourself Before Securing Investors
0:33:19 - Rules for General Partnership Equity
0:36:16 - Overcoming Fear in Real Estate Deals
0:42:30 - Learning From Past Investment Mistakes
0:47:40 - Pivoting to New Asset Classes

Chris' Website:
StoutCap

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

Chris Stout, the principal at Stout Cap. With two decades of experience in residential construction and over a decade of experience as a multifamily investor, Chris shares his expertise on identifying well-maintained properties and development opportunities, as well as the benefits of a construction background in the industry. Learn valuable insights into his preference for 2000s builds and how staying ahead in real estate acquisition is essential for success.

We discuss various loans available for residential construction and multifamily investment, and the importance of underpromising and overdelivering when it comes to fiduciary responsibility. Chris enlightens us on how fixed rate bridge loans and lines of credit for capital expenditures can help investors stay ahead of the competition. We also delve into the significance of staying in touch with brokers and doubling down on relationships in order to succeed in this competitive market.

Join us as we explore the emotional roller coaster of entrepreneurship and the key to pushing through difficult moments. Chris shares his personal experience of cold feet before closing a deal and the importance of buying the right thing. We also touch on market volatility, the need to stay persistent when making decisions, and how understanding the explanations for various opportunities can help increase the chances of success. Don't miss out on this informative and engaging conversation with the highly experienced Chris Stout!

Highlights:
0:03:37 - Investing in Development and Newer Builds
0:09:55 - Skepticism in Business Decisions
0:17:06 - Staying Ahead in Multifamily Brokerage
0:22:34 - Investing in New Construction Projects
0:25:22 - Proving Yourself Before Securing Investors
0:33:19 - Rules for General Partnership Equity
0:36:16 - Overcoming Fear in Real Estate Deals
0:42:30 - Learning From Past Investment Mistakes
0:47:40 - Pivoting to New Asset Classes

Chris' Website:
StoutCap

*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.