Passive Investors, ask these 4 Questions of Syndicators! with Gene Trowbridge

As the Founding Partner of Trowbridge Law Group LLP, Gene Trowbridge’s law practice concentrates on the syndication of commercial and investment real estate, through debt and equity.

As a former syndicator, who for ten years raised investor capital through the broker-dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state-federal securities laws. A long-time CCIM and CCIM Senior Instructor, now having attained Senior Emeritus status, Gene won numerous awards for his teaching ability. His book It’s a whole New Business!, is really a how-to manual on real estate syndication.

In this episode, we talk about some of the proposed changes to security law, and Gene’s TOP 4 Questions all passive investors should ask their syndicators.

[00:01 – 04:01] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Gene Trowbridge
• Gene talks about his background
  • Law career
  • Real Estate Investing background

[04:02 – 17:14] Changes the SEC proposed for Security and Syndication laws

• Gene’s thoughts on the regulation changes brought about by the SEC
• Impact of Finder-Referrer Definition changes to passive investors
• Potentials for fraud in the rule changes
• Really understanding and taking the ROI’s into account 

[17:13 – 24:37] TOP 4 Questions Passive Investors should ask

• Get educated in real estate
• Gene goes over the 4 Questions every passive investor should ask

[24:38 – 34:22] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Teaching
• What is the worst investment you ever made?
  • Signing up for some audio courses when I wanted to be an accountant

• What is the most important lesson that you've learned in business and investing?
  • The value of listening
• Gene talks about one of his biggest mistake in his syndications

• Connect with our guest. See the links below.

Tweetable Quotes:

“If you’re gonna be a passive investor in real estate, I think you need to go out and get educated in real estate.” - Gene Trowbridge

“Teaching was my best investment other than education. Because when you teach you do get educated. But it also taught me people skills, taught me patience.” - Gene Trowbridge

“Listening is really important. You just don’t know everything, so I learn a lot by listening.” - Gene Trowbridge

Resources:

• Trowbridge Law Group
• It’s a whole new business - Gene Trowbridge

Connect with Gene, send him an email at gene@trowbridgelawgroup.com or visit https://trowbridgelawgroup.com/ 

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Mistakes to Avoid in Commercial Real Estate with Brian Adams

President and Founder of Excelsior Capital, Brian Adams, spearheads the investor relations and capital market arms of the firm. He has 10 years of experience in real estate private equity and has advanced knowledge in best practices for strategic real estate investing. Prior to forming Excelsior Capita, Brian co-founded Priam Properties, an institutional real estate private equity sponsor, in 2010 and provided leadership and direction for the firm in connection with capital markets, investment management, and investor relations.

In this episode, we get into Brian’s real estate career and he talks about some of the mistakes he made throughout his real estate investing journey.

[00:01 – 07:24] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Brian Adams
• Brian talks about his background
• Asset classes they focus on at Excelsior Capital

[07:25 – 23:06] Mistakes to Avoid in Commercial Real Estate

• Brian looks back on some of the mistakes they made throughout their investing journey
• Building the right team and overall enhancing their investors’ experience
• Misaligning of interest and not putting the right resources
• Scaling by hiring people that excels at something you don’t
• Development, Value-add, recourse deals
• Monthly and Quarterly deals

[23:07 – 27:55] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Marry my wife
• What is the worst investment you ever made?
  • Going to law school

• What is the most important lesson that you've learned in business and investing?
  • Investors will always appreciate candor and transparency

• Connect with our guest. See the links below.

Tweetable Quotes:

“There’s a reason why we have one mouth and two ears. We should listen more than we should talk.” - Brian Adams

“In order to scale efficiently, and to deliver the experience that our investors wanted, I needed to embrace being a small business owner.” - Brian Adams

“Investors will always appreciate candor and transparency. If you don’t provide it, their minds will go to the worst possible place.” - Brian Adams

Resources:

• Excelsior Capital

Connect with Brian on Linkedin(linkedin.com/in/brian-c-adams/), visit https://www.excelsiorgp.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Must Hear for SDIRA Investors with Josh Plave

Josh Plave is a multifamily syndicator who specializes in helping investors use their retirement funds to passively invest. Through his company, Wall to Main, Josh provides all the tips and tricks needed to invest quickly, safely, and inexpensively with an existing retirement account.

In this episode, we talk about investing in real estate with your SDIRA. We go over some of the important nuances and Unrelated Business Tax(UBIT).

[00:01 – 04:48] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Josh Plave
• Josh talks about his background
  • How he got started in investing

[04:49 – 14:03] SDIRA and UBIT

• Josh talks about UBIT
• Utilizing UBIT Calculator
• State-level UBIT

[14:04 – 18:50] Private Money Lending

• Josh’s private money lending experience
• Managing risks in private money lending

[18:51 – 25:55] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Investing in a 568-unit property in Memphis, TN
• What is the worst investment you ever made?
  • Investing in a certain stock in the Vape(electronic cigarette) industry

• What is the most important lesson that you've learned in business and investing?
  • Focus on the one thing that you’re doing at a time

• Connect with our guest. See the links below.

Tweetable Quotes:

“Just like any aspect in real estate, it’s about building your team. If you come at things with a self-directed IRA and you don’t have the right pieces in place, you’re going to have to find out all the different details on the fly, and when they apply. So having that team in place, whatever you’re doing in real estate is key.” - Josh Plave

“Invest in what you think the future holds, where you think trends are going, what people are interested in.” - Josh Plave

“Do some more thorough due diligence into what you’re investing in, before you really, fully commit.” - Josh Plave

Resources:

• UBIT Calculator
• Wall to Main

Connect with Josh, visit https://www.walltomain.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Cash Flow from Laundromats and App Development with Ken Wimberly

Ken Wimberly, Founder of Legacy of Love, is an entrepreneur and father based in Fort Worth, Texas. Along with his current Laundromat Franchise, Ken has an extensive background in commercial real estate.

In this episode, we get in on all the things that go on in a Laundromat business franchising. We also talk about app ownership and development with a new and exciting app that he has developed.

[00:01 – 04:44] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Ken Wimberly
• Ken talks about his background

[04:45 – 15:23] Cash Flow from Laundromats

• What it’s like to invest in a laundromat business
• Due diligence to commit to their laundromat business
  • The birth of Laundry Love
• Expanding their brand
• Ken’s future plans for his Laundromat franchise

[15:24 – 21:29] Legacy of Love App

• The inspiration to develop his app
• What separates Legacy of Love from other similar applications

[21:30 – 29:14] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Buying Tesla Stock 3 years ago, and selling it recently
  • Turning a $5k investment into $150k
• What is the worst investment you ever made?
  • Investing in a restaurant that eventually end up bankrupt

• What is the most important lesson that you've learned in business and investing?
  • Always be learning
  • Take action

• Connect with our guest. See the links below.

Tweetable Quotes:

“Always be learning and be open to the opportunity that there is knowledge out there for you to learn.” - Ken Wimberly

“If you’re just learning, you can sit on the sidelines and be the smartest person in the world sitting on the sidelines. You have to have a propensity for action, and take action on what you’re learning and take some risks.” - Ken Wimberly

“We’ve created a really beautiful, elegant app, that is a safe, secure, and easy place for parents to save everything. From their little memories, moments, photos, videos , audio files. Unlike social media, it’s a private endeavor. It’s not meant to be blasted out for the world. It’s where you can be honest, vulnerable, and share the realness of life out there.” - Ken Wimberly on the Legacy of Love App

Resources:

• Legacy of Love

Connect with Ken, send him an email at ken@legacyoflove.app. Visit https://highridgecoaching.com/. You can also follow Legacy of Love on Instagram.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Building A Cash Flowing Business in the Podcast Space with Trevor Oldham

With the various advancements in Communication Technology brought about by the Internet, connecting with people from all parts of the world is that much easier. Nowadays, you can talk to someone from the other side of the world with a press of a button. With this, entrepreneurs have utilized the power of the Internet for expanding their network and connecting with the right people to grow and scale their businesses.

Our guest, Trevor Oldham, is a 23-year-old business owner and Founder of Podcasting You, a podcast booking agency that works with real estate investors to raise money for their deals through podcast guesting.

Today, we talk about the business of podcasting. If you’re someone who wants to build an interesting, high-end, online business, this episode is for you!

[00:01 – 05:24] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Trevor Oldham
• Trevor talks about his background
  • The nature of their business

[05:25 – 21:31] Building a cash flowing business in the podcast space

• What sparked the idea for Podcasting You
• Hiring his first employee to begin scaling his business
• Moving away from freelancing on Upwork to establishing his business
• Marketing/finding clients
• Employee retention at Podcasting You
  • Finding good talent
• The next step for Trevor and his company

[21:32 – 27:48] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Coaching
• Finding his coach for his business
• What is the worst investment you ever made?
  • Being too cheap when it comes to hiring great talent

• What is the most important lesson that you've learned in business and investing?
  • Pick yourself up from failures

• Connect with our guest. See the links below.

Tweetable Quotes:

“The biggest worry is being uncomfortable. The more interviews you do, the more comfortable that you’re going to be guesting on podcasts.” - Trevor Oldham

“Coaching is the biggest thing that helped me grow my business.” - Trevor Oldham

“After a year of hiring employees I realized that going cheap isn’t the easiest. When I paid a better wage, I made more investment on my employees, the company did a lot better.” - Trevor Oldham

“Anyone that’s looking to build a business, or making money for themselves, are going to make bad investments. But if you look at them as learning opportunities, then they’re going to help you down the road.” - Trevor Oldham

Resources:

• Podcasting You
• Upwork

Connect with Trevor, visit https://podcastingyou.lpages.co/realestateinvestor/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

How to Invest in the US from abroad with Charles Carillo

Looking to Invest in US real estate? Whether you’re an expatriate or a foreigner, our awesome guest for this episode can help you get started in US Real Estate Investing. Stay Tuned!

Charles Carillo is a multi-family syndicator, real estate investor based in Tampa, FL. He is the managing partner of Harborside Partners; a real estate syndication firm and has been actively investing in multifamily real estate since 2006. Charles also hosts the Global Investors Podcast where he interviews professionals about investing in US Real estate.

In this episode, Charles and I go over some of the details and key information you need to get into investing in US Real estate.

[00:01 – 05:37] Charles and Global Investors Podcast

• I talk briefly about great values that await you in this episode
• I welcome our guest, Charles Carillo
• Charles gives a brief insight into his life and career in real estate
• Talking about US real estate investing on his podcast
  • Guidelines on how to invest in the US

[05:38 – 2:0] Investing in US real estate from abroad

• Getting over the difficulties of investing from abroad
• Considering the options you can opt for as an investor
• The advantages of opting for Syndications in real estate
• Real estate investing outside the US as a US citizen
• Deciding on sponsors, deals, and markets to invest in
• Finding ideal countries to invest in from the US
• The long-term investment that is real estate

[23:29 – 29:22] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Buying a fully vacant mixed-use multifamily property in ‘09
• What is the worst investment you ever made?
  • The first property I purchased

• What is the most important lesson that you've learned in business and investing?
  • Begin strategic with your goals

• Connect with our guest. See the links below.

Tweetable Quotes:

“Other than REIT’s, I feel that syndication investing is really the only real, fully passive investment that you have when it comes to real estate. Because you’re able to individually review every property and say “Yes” or “No”.” - Charles Carillo

“Real estate is not a get rich quick scheme, it’s something that’s long-term.” - Charles Carillo

Resources:

• Global Investors Podcast
• FATCA

Connect with Charles, visit https://charleskcarillo.com/. Schedule a 30-minute strategy call with Charles at https://charleskcarillo.com/strategy-call-with-charles/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Tough Lessons for Mobile Home and Storage Investors with Ryan Smith

Ryan Smith is a Founder of Elevation Capital Group, a respected leader in the alternative real estate investment arena. They focus exclusively on manufactured housing communities and storage facilities. Ryan is also the co-manager of multiple investment funds, which specialize in investing, both directly and indirectly, in mobile home parks and self-storage assets representing more than 20,000 units located in more than 25 states.

He graduated from the University of Tampa with a Bachelor of Science in Computer Science. An athlete, he was highly recruited for both baseball and basketball and was drafted as a senior in high school by the Baltimore Orioles, and again in college by the Anaheim Angels. He pursued his athletic talents by playing baseball throughout his college experience.

In this episode we talk about some tough lessons that you learn along the way as a mobile home park and self-storage investor.

[00:01 – 08:02] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Ryan Smith
• Ryan talks about his background
• Their focus at Elevation Capital

[08:03 – 22:42] Lessons Learned from his experience in the Mobile Home park and self-storage space

• Real Estate is really a people business
• A lesson learned from buying an off-market property from a private seller
• Their decision-making process
• Establishing trust and building relationships with potential business partners
• Ryan’s expectations on the future of the mobile home and self-storage space

[22:43 – 32:46] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Investing in quality and authentic relationships
• What is the worst investment you ever made?
  • Investing in a student loan consolidation company

• What is the most important lesson that you've learned in business and investing?
  • Focus on relationships
  • Be honest with yourself

• Connect with our guest. See the links below.

Tweetable Quotes:

“As much as you are looking at transactions, numbers, and performance in real estate, it’s a people business. It’s all about relationships and people.” - Ryan Smith

“Focus on relationships, focus on the people. People matter in all parts of the business.” - Ryan Smith

Resources:

• Elevation Capital Group

Connect with Ryan, send him an email at ryan@elevationcg.com and visit http://elevationcapitalgroup.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

How to Network on Social Media for Real Estate Investors with Chihiro Kurokawa

Chihiro started his commercial real estate journey in early 2017. Since then he has closed two multifamily deals, with one being under contract to sell as of this writing. Nothing gives him as much joy as providing outstanding risk-adjusted returns to his investors.

In this episode, we talk about Social Media Networking for Real Estate Investors. Chihiro talks about the strategies he uses for his investments and how he builds his investment network.

[00:01 – 07:44] Chihiro and BlackRiver Equity Partners

• I talk briefly about great values that await you in this episode
• I welcome our guest, Chihiro Kurokawa
• Chihiro talks about his real estate investing experience
  • Established BlackRiver Equity Partners back in 2017
• The shift from buying existing multifamily assets to real estate development
• Building capable teams throughout the deals they’ve done

[07:45 – 20:45] Social Media Networking for Real Estate Investors

• The power and impotence of teams and networking in real estate
• Strategies Chihiro uses to put his teams together, build relationships, and establish a larger network
  • Utilizing social networking platforms like Linkedin
  • Generating more organic engagements in Linkedin compared to other social media apps
• Expanding to other social media platforms
• Staying on tasks and avoiding distractions brought on by social media platforms
• The worth of being part of Facebook to find groups and people you want to work with

[20:46 – 27:03] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
• What is the worst investment you ever made?

• What is the most important lesson that you've learned in business and investing?
  • Enjoy making money, more than you enjoy spending it

• Connect with our guest. See the links below.

Tweetable Quotes:

“The heart of success in real estate is definitely relationships.” - Chihiro Kurokawa

“You have to enjoy making money, more than you enjoy spending it.” - Chihiro Kurokawa

Resources Mentioned:

• Black River Equity Partners

Connect with Chihiro on Linkedin, and Instagram. Visit https://www.blackriverep.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Get to the Next Level with Real Estate Partnerships with Anthony Vicino

Anthony Vicino is a best-selling author, investor, and entrepreneur. He’s built multiple successful businesses from the ground up by creating systems that scale and by never losing sight of end-user satisfaction. After years of managing a personal portfolio of multifamily assets spread across the country, Anthony joined forces with Dan Krueger in 2019 to launch Invictus Capital and execute their first syndication.

In this episode, we talk about how to take your partnerships, your relationships to the next level. We get into the partnership that Anthony built with his now business partner, and what he needed to do before he got into their business partnership.

[00:01 – 05:34] Getting to know Anthony Vicino

• I talk briefly about great values that await you in this episode
• I welcome our guest, Anthony Vicino
• Anthony talks about his background
  • Building various businesses
  • How he got into multifamily real estate
• Starting small within his comfort zone and expand from there

[05:35 – 20:59] Getting to the next level with Real Estate Partnerships

• Leading to the syndication route
  • Joining forces with his partner, Dan
  • Bringing in passive investors
• The decision-making and evaluation process of forming his partnership with Dan
  • A partner that works toward the same goal as you
  • Finding partners that complement his skills
  • Communicating on the same wavelength
• Forming a genuine relationship where you can both add value to one another
• The importance of identifying and acknowledging our weaknesses
• Anthony talks about dealing with his introverted nature to form great partnerships
• Deals and areas they focus their investments

[21:00 – 26:32] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • Investing on relationships
• What is the worst investment you ever made?
  • Forming a disadvantageous partnership

• What is the most important lesson that you've learned in business and investing?
  • When looking into deals and relationships, focus on the long-term impact.

• Connect with our guest. See the links below.

Tweetable Quotes:

“I’m a big proponent of failing myself to success. So, I focus on micro failures that lead to macro successes. Start small within my comfort zone, and start expanding from there.” – Anthony Vicino

“Partnerships are everything. In real estate, it’s a relationships game.” – Anthony Vicino

“If you want to go far, you go together. If you want to go fast, you go alone.” – Anthony Vicino

Resources Mentioned:

• Invictus Capital
• Multifamily Investing Made Simple

Connect with Anthony, visit https://invictusmultifamily.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Self-Storage Today & Early 20s Financial Freedom with Hayden Crabtree

Hayden Crabtree is a real estate investor out of Atlanta, GA that specializes in value-add commercial real estate with over $40M in transactions under his belt at the age of 24. When he was in college, he realized the traditional route was not for him and bought his first investment property at 21 years old. When taking the real estate investments course, he owned more investment property than his professor.

Realizing a disconnect between what is taught in school, and what actually occurs in the real world, Hayden sent out to spread his knowledge of how the real estate industry actually works. Anyone can make and multiply money while also eliminating their tax bill in real estate, and that is exactly what Hayden teaches in his best-selling book, Skip The Flip: Secrets the 1% Know About Real Estate Investing.

[00:01 – 08:06] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Hayden Crabtree
• Hayden talks about his background
  • How he got started in real estate
• From working for free to working for equity eventually leading to financial freedom before graduating college

[08:07 – 23:58] Self-Storage Real Estate

• The Self-storage asset class in the market
• Powering through 2020 and selling the majority of their portfolio 
• Looking back on his journey towards financial freedom through sheer grit and hard work
• The direction of the self-storage asset class in the market
• The biggest challenge in Hayden’s real estate career
• Investing in the fundamentals rather than the hype

[23:59 – 32:23] Closing Segment

• Quick break for our sponsors
• What is the best investment you've ever made other than your education?
  • My network
• What is the worst investment you ever made?
  • Self-storage facility in Jackson Mississippi
  • Slacking on due diligence
• Market due diligence

• What is the most important lesson that you've learned in business and investing?
  • The key to business and financial success is the ability to capture and maintain people’s attention

• Connect with our guest. See the links below.

Tweetable Quotes:

“The key to all business, the key to financial success is the ability to capture and maintain people’s attention.” - Hayden Crabtree

“The people that you surround yourself with is super important.” - Hayden Crabtree

“The Strongest investment that you’ll ever make is in your network. ” - Hayden Crabtree

“It’s super important to me to invest in the fundamentals instead of the hype.” - Hayden Crabtree

“Make sure the asset’s cash flow is positive today. Make sure you’re buying at or below what it’s worth. And make sure it’s in a good, stable market.” - Hayden Crabtree

Resources Mentioned:

• Skip The Flip: Secrets the 1% Know About Real Estate Investing - Free Copy
• Rich Dad Poor Dad - Robert Kiyosaki
• BiggerPockets

Connect with Hayden on Instagram or send him an email at hayden@haydencrabtree.com. Check out his website at https://haydencrabtree.com/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.