Multifamily Insights

Ben Fraser is a seasoned financial expert and CIO of Aspen Funds with over a decade of experience in investment management and a proven track record of delivering impressive returns for clients, Ben's insights can be a game-changer for individuals seeking to build their financial futures. In addition, Ben is also able to discuss more sophisticated topics such as alternative investing strategies, wealth management, real estate, finance, and more. In addition, Ben hosts a podcast titled Invest Like a Billionaire, where he provides advice and strategies on investing, wealth, and other topics.

In this episode we talked to Ben about real estate investments and alternative asset classes, megatrends and tools to follow, the private credit opportunity, how and why real estate is a good investment for inflation, the Invest Like a Billionaire podcast that he co-hosts, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Investing Successfully;

02:21 Ben's background;

05:12 Real estate investments and alternative asset classes on the side;

10:52 Megatrends and tools to follow;

16:22 The private credit opportunity;

26:52 Why real estate is a good investment for inflation;

29:22 Ben's podcast;

31:07 Round of Insights

Announcement: You can check this year’s REWBCON event here, use JOHN to save 10%.

Round of Insights

Apparent Failure: Not a failure, but improving sales skills and pushing through challenges while making door-to-door sales.

Digital Resource: reMarkable Tablet.

Most Recommended Book: 10x Is Easier Than 2x.

Daily Habit: Waking up as early as possible, and getting ready for the day.

#1 Insight for successfully investing: Investing in what you know, with people you know, and knowing the risks involved.

Best Place to Grab a Bite in Kansas City, MO: Joe’s Kansas City BBQ

Invest Like a Billionaire Podcast: https://www.thebillionairepodcast.com/

Contact Ben:

https://aspenfunds.us/

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Roger Luri, a Chicago native and real estate luminary with over 30 years of experience. Having personally developed $30M+ in new construction, he authored "Don’t Buy Multifamily! BUILD IT," a guide unveiling the rewards of investing in residential and mixed-use development.

Roger's expertise stems from leading architectural design, development, and construction ventures, crafting condo projects, townhomes, and luxury homes across Chicago's vibrant neighborhoods. Serving as a Director on the board of Ravenswood Bank, he gained unique insights during the 2008-2010 credit crunch, refining his risk assessment skills.

Roger advocates for savvy investing, emphasizing joint ventures and passive investments for busy professionals navigating the complexities of property ownership.

In this episode, we talked to Roger about processes for ground-up development, value evaluation, the acquisition process, navigating through bureaucracy, government aid and financial assistance for new developers, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Multifamily development;

02:17 Roger’s background;

06:38 Processes for ground-up development;

09:26 An insight on evaluating the value;

11:29 The acquisition process;

16:07 Navigating through the bureaucracy;

19:40 An insight on the government aid for new developers;

23:05 Round of insights

Announcement: Don’t miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off!

Round of Insights

Apparent Failure: His development project during 2008.

Digital Resource: Any useful MLS tool.

Most Recommended Book: Who Not How

Daily Habit: Having a recap of the day, and then planning the following day accordingly.

#1 Insight for building multifamily properties: Prioritizing risk mitigation is paramount, even in instances where the potential return on investment may be reduced.

Best Place to Grab a Bite in Chicago, IL: Pizzeria Uno & Due.

Roger’s book: Don't Buy Multi-Family! BUILD IT

Contact Roger:

Website: https://ld2development.com/

E-mail: [email protected]

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Gary Wilson, a retired Corporate Vice-President of Mergers & Acquisitions in National Banking at age 40, is a self-made multi-millionaire in real estate. Within the first 6 months of earning his real estate license, he created a six-figure income working with investors and consistently completed over 100 transactions annually without a sales team or marketing costs.

As the author of eight real estate investment books, including "The GIA Book," Gary shares insights on thriving in ever-changing markets. A recognized award winner, he's accepted into the Andron Apiphenon Order of Excellence for Real Estate. Gary, the founder of the Path to Profit System, has coached over 8,000 agents and investors, guiding them to create fortunes in various real estate endeavors

In this episode, we talked to Gary about how real estate can be a gateway to acquire businesses, his insight on setting the deal criteria for investors, what lies ahead in 2024, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Scaling Businesses;

02:53 Gary’s background;

08:07 Real estate as a gateway to acquire businesses;

16:49 An insight on setting the deal criteria;

25:42 What lies ahead in 2024 for investors;

33:36 Round of insights

Announcement: You can check this year’s REWBCON event here.

Round of Insights

Apparent Failure: Giving up control of his property management business.

Digital Resource: How Money Walks.

Most Recommended Book: Global Investor Agent.

Daily Habit: Waking up early and exercising, focusing on the vision for the day.

#1 Insight for scaling a business: Clearly defining goals with the right words to encourage a fresh mindset, beyond simply working harder to achieve them.

Contact Gary:

https://www.myinvestmentservices.com/

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Bob Knakalhas sold 2,276 buildings, totaling $21B+ — the most ever for an individual broker in the history of NYC real estate. Bob previously cofounded Massey Knakal Realty Services, which grew from 2 to 250+ employees and was sold for $100M.

At Massey Knakal, he implemented a management system that produced some of the most accomplished investment sales brokers in NYC, who have independently gone on to create 21 companies or divisions of companies.

Bob has a large social media following on Twitter and Instagram, where he shares “Knakal Knuggets” on real estate, financial planning, and work efficiency.

He currently serves as the Head of the NY Private Capital Group at JLL, a real estate investment firm.

In this episode, we talked to Bob about communication with sellers, the longevity and relationship aspect of this industry, challenges that small businesses and entrepreneurs face today, business coaches and their importance, high-transition deals, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Succeeding in Commercial Real-Estate;

02:35 Bob's background;

07:52 Conversing with sellers;

10:22 The longevity and relationship aspect of this industry;

13:16 Challenges that small businesses and entrepreneurs face today;

19:33 Why having a business coach is important;

24:31 An insight on high-transaction deals;

29:20 Round of Insights

Announcement: Don’t miss the Best Ever Conference this year on April 10th to 12th. Use my code CASMON15 for 15% off!

Round of Insights

Apparent Failure: Not being well prepared financially.

Digital Resource: RealNex.

Most Recommended Book:

• Good to Great,

• The Power of a Positive No,

• Influence: The Psychology of Persuasion

• Who Not How

Daily Habit: Going to sleep early.

#1 Insight for succeeding in commercial real estate: Believe in yourself, specialize, improve your expertise, and have a strong discipline and passion.

Best Place to Grab a Bite in New York City, NY: Come Prima.

The episode with Rod Santomassimo: listen here!

Contact Bob:

E-mail: [email protected]

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Naseema McElroy is a published author and the founder of Financially Intentional, a platform about personal finance and living life intentionally. Naseema managed to pay off $1 million of debt.

Naseema discusses how taking control of her finances has enabled her to overcome bankruptcy, divorce, and the cycle of living paycheck to paycheck. She shares her lessons along her path to help others benefit from the freedoms of financial independence.

Outside of encouraging people to get their financial act together, Naseema is a mother and labor and delivery nurse. Though making six figures for years, she struggled with money. Finally realizing she couldn't out-earn her financial ignorance, she knew she had to make some changes. By shifting her mindset around money, being consistent and intentional, she was able to change her financial future.

In this episode, we talked to Naseema about wealth building and helping people kickstart this journey, challenges to paying off her debts, the house hacking strategy and much more.

Announcement: Join the Apartment Investing Mastermind here.

Financially Intentional;

02:29 Naseema’s background;

08:49 Helping people to set themselves up in this journey;

13:40 Where Naseema is at now;

16:24 Challenges she faced while paying her debts;

19:28 Taking the first step on shifting financial behavior;

23:34 The house hacking strategy;

26:55 Round of insights

Announcement: You can check this year’s REWBCON event here.

Round of Insights

Apparent Failure: Her student loans.

Digital Resource: Libby.

Most Recommended Book: Acres.

Daily Habit: Waking up early and exercising, riding her bike.

#1 Insight for being financially intentional: Curating a beneficial circle of influence.

Best Place to Grab a Bite in the Bay Area, CA: CreAsian.

Contact Naseema:

E-mail: [email protected]

Instagram: https://www.instagram.com/financiallyintentional

Podcast: https://www.financiallyintentional.com/podcast

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Andy McMullen is a seasoned professional in the real estate industry with over 20 years of experience in investing and asset management. Specializing in Horizontal Multifamily, he is at the forefront of developing build-to-rent communities across the United States.

Andy's focus extends to Multifamily Real Estate Investment, particularly in emerging markets. As the founder, he leads a dedicated team serving California real estate investors seeking opportunities beyond the state borders. The primary objective is to provide a white-glove investor experience, and Andy achieves this by partnering with top operators nationwide. Through strategic collaboration, he deploys a fund that not only supports operators in their equity raises but also ensures investors receive the best possible experience throughout their investment journey.

In this episode, we talked to Andy about Legacy Acquisitions, their current work and projects, build-to-rent development and its profit potential, things to consider before investing in a likely project, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Build-to-rent Development;

02:13 Andy’s background;

04:03 An insight on Legacy Acquisitions;

11:15 What Andy and his team work on at the moment;

21:16 How the profit potential looks for build-to-rent development;

24:29 What to consider before investing in a project;

26:41 Round of insights

Announcement: Download Our Sample Deal and Join Our Mailing List

Round of Insights

Apparent Failure: One of his deals that was done almost 20 years ago, on which he didn’t have a good relationship with the property manager.

Digital Resource: Monday.

Most Recommended Book: The Hard Thing About Hard Things.

Daily Habit: Wake up early, exercise, and read.

#1 Insight for build-to-rent investing: Trusting yourself and your instincts.

Best Place to Grab a Bite in San Diego, CA: Any restaurant on Oceanside Boulevard.

Contact Andy:

E-mail: [email protected]

Website: https://legacyacquisitions.com

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

If your real estate deal is not performing, you may wonder about your legal options. We spoke with Richard Crouch, a principal and chair at Woods Rogers Vandeventer Black. A frequent media source, Crouch has built his legal practice on the foundation of commercial real estate over the past two decades.

Richard’s practice includes commercial real estate acquisitions, dispositions, leasing, development, and finance. He regularly works with real estate acquisition firms, developers, property management groups, commercial tenants and lenders on the structuring and closing of commercial transactions.

In this episode, we talked to Richard about the market shift and its current status, the corporate transparency act, what to do if a real estate deal is not performing as expected, useful insights on common mistakes that investors make, his transition to becoming an investor, finding the right attorney for your business, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Legal Insights for Real Estate Investing;

02:30 Richard's background;

04:52 An insight on the market shift;

06:45 Corporate Transparency Act

11:36 What to do if a real estate deal is not performing well;

14:29 Common mistakes that investors make;

19:50 Richard's transition from legal consultancy to investment;

24:38 Questions to ask while looking for the right attorney;

27:56 Round of insights

Announcement: Download Our Sample Deal and Join Our Mailing List

Round of Insights

Apparent Failure: Having the mindset of “I can do everything myself” at the beginning of his journey.

Digital Resource: ChatGPT.

Most Recommended Book: Tax-Free Wealth.

Daily Habit: Exercising, noting important things down, and organizing all daily work.

#1 Insight for commercial real estate investing: Admitting what you don’t know, and surrounding yourself with the right professionals.

Best Place to Grab a Bite in Norfolk, VA: Il Giardino Ristorante.

Contact Richard:

Phone: (757) 353 0969

E-mail: [email protected]

Website: https://wrvblaw.com/

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Will and his twin brother, Evan got their start in commercial real estate in Marcus & Millichap’s Raleigh office. In just two years at the company, they completed over 50 investment sales transactions totaling over $200 million, forming the region’s top team. In Spring of 2017, they enrolled in Columbia University’s Masters in Real Estate Development program, where they were named co-recipients of the Hank Bell Entrepreneurship Award, the program’s highest honor.

In this episode we talked to Will about him and his twin brother’s investment journey and the scale of their business today, how dynamic the investment strategies will be in contrast to the market dynamics, building a company versus building a service, lots of insightful advice and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Investment Strategies;

02:32 Will's background;

05:11 How the Matheson brothers work together;

08:10 The scale of the business;

11:03 How the strategy changes in contrast to the market dynamics;

12:17 Building a company vs. a service;

17:07 Advice for new entrants;

26:01 An insight on student housing;

30:02 Round of insights

Announcement: Download Our Sample Deal and Join Our Mailing List

Round of Insights

Apparent Failure: #1: Getting laid off. #2: Not accomplishing his first property acquisition the right way.

Digital Resource: Any of the “to-do list” apps.

Most Recommended Book: Letters of a Businessman to His Son.

Daily Habit: Crossing off items from the to-do list.

#1 Insight for getting started in multifamily investing: Starting small and slowly building up from the returns.

Best Place to Grab a Bite in South Carolina: Lewis Barbecue.

Contact Will:

[email protected] - LinkedIn

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Queen Blueprint didn't have the easiest start in life. Growing up in the public assistance system, she was never taught about finances. Her first credit card from Citibank at 18 was maxed out by the summer, setting her on a path of financial struggle that only worsened when she found herself $50K in debt four years later. But she refused to let these obstacles define her.

Drawing on her Bachelor's degree in psychology, mental health diagnosis, and financial research, she worked tirelessly to clear her debt within just 2.5 years. This was just the beginning of a remarkable journey that has seen her achieve incredible success in the world of international real estate investment. Not only did she purchase her first U.S. home at just 26 years old she also purchased a property in Kenya to begin her international short-term rental business.

Since then Queen has helped countless others achieve their own Major Money Goals™️, from paying down debt to buying their own properties overseas.

Her philosophy is that it's not just about the money, but also about mindset. This is what sets her apart from others in the industry. She understands that success in any field, especially real estate investment, requires not just financial knowledge and acumen, but also the right mindset. It's about having the courage to take risks, the resilience to bounce back from setbacks, and the clarity of vision to see opportunities where others only see obstacles.

In this episode, we talked to Queen about financial challenges, her transition to a real estate investor, purchasing real estate in Kenya and investing in Africa, tips and ideas on 2024, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Erasing Debt and Investing Internationally;

01:31 Queen’s background;

05:45 An insight on financial challenges;

10:40 Queen's transition to her investment journey;

15:22 Purchasing real estate in Kenya;

22:11 What the future holds for Queen;

25:37 Lessons learned from investing in Africa;

27:39 Tips and ideas for what 2024 holds;

24:25 Round of Insights

Announcement: Download Our Sample Deal and Join Our Mailing List

Round of Insights

Apparent Failure: Losing her job.

Digital Resource: Monarch Money.

Most Recommended Book: Rich Dad Poor Dad.

Daily Habit: Managing her to-do list.

#1 Insight for great financial planning: Finances are not just about cash flow, but also one’s mindset.

Best Place to Grab a Bite: Senor Frogs.

Contact Queen:

[email protected] - www.moneymindsetclinic.com

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

Dustin Heiner is a real estate investing expert and Founder of MasterPassiveIncome.com and the Real Estate Wealth Builders Conference (REWBCON). Being Successfully Unemployed at 37 years old by investing in real estate rental properties, he is now on a mission to help 1 MILLION people to invest in real estate and achieve financial freedom.

Through his work at MasterPassiveIncome.com and REWBCON Dustin Heiner has become one of the leading real estate rental property experts. Dustin started MasterPassiveIncome.com from his home in 2015, while being a full-time employee, married with 4 children, owning and operating 2 other businesses, and being a full-time investor. He is very passionate about his mission to help others become successfully unemployed and never need a job again.

Since then, Dustin Heiner has helped countless numbers of others to start investing in real estate rental properties. Even if his students live in very expensive cities, he shows them how they can invest all over the country.

In this episode, we talked to Dustin about his journey to being “successfully unemployed,” the identity shift from employee to business owner, his websites, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Challenges in Real Estate;

02:54 Dustin’s background;

11:52 Challenges to face during the identity shift;

19:09 About Dustin's website;

24:25 Round of Insights

Announcement: Download Our Sample Deal and Join Our Mailing List

Round of Insights

Apparent Failure: #1: Getting laid off. #2: Not accomplishing his first property acquisition the right way.

Digital Resource: Audible.

Most Recommended Book: The Richest Man in Babylon.

Daily Habit: Exercising daily.

#1 Insight for mastering passive income: Looking for ways to make your time worth so much more.

Best Place to Grab a Bite in Arizona: Top Shelf.

Multifamily Insights, Ep. 169 with Dustin Heiner

Contact Dustin:

[email protected]

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.