Staying Competitive in a Hot Real Estate Market with Dom Santaniello

Dom is currently Co-Owner of Naples Home Buyers & Naples Realty Group, an active Landlord and is a Licensed Real Estate Broker in Mass & CT. Prior to working as a Real Estate Broker, Investor and Entrepreneur, he worked as a Natural Gas Pipeline Engineer for Kinder Morgan, the third-largest energy company in North America. Dom earned a Bachelor of Science in Civil Engineering from The University of Hartford where he graduated in the top 10% of his class. Dom has also earned a Master’s Degree in Business Administration from American International College.

Outside of the office, Dom resides with his fiancé, Claire, in Western Massachusetts. He promotes living a healthy, active lifestyle and enjoys giving back to the community. As a passionate real estate professional, Dom actively participates in local networking & mentoring events, real estate podcast shows and also sits on the Board of Advisors for Mass Landlords. Dom is also an avid golfer and belongs to the Springfield Country Club & GreatHorse.

[00:01 - 08:55] Opening Segment

• Dom's biggest success and the biggest challenge in the real estate industry
• How Dom's brokerage attracted like-minded individuals, leveraging their first-time homebuyer program to get into multifamily properties, and then scaling quickly to become a dominant player in the market

[08:56 - 20:32] Staying Competitive in a Hot Real Estate Market

• Multifamily investors need to build an ironclad system to service their leads and be consistent in their marketing efforts
• How to Keep Your Conversion Rates High
• How Engineers Systemically Design Systems

[20:33 - 28:44] Invest on You Branding

• Properties that are good investments and have low turnover rates tend to have higher cap rates and be more predictable in terms of cash flow
• Don and Luke talk about an experience with their intern
• Don talks about how important it is to have a good brand and logo, especially when starting out

[28:45 - 40:30] ClosingSegment

• Quick break for our sponsors
• The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital atwww.escapingwallstreet.com

Connect with Dom dom@naples-group.com and www.naples-group.com.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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          

Tweetable Quotes:

"Controlling that pipeline is the key. And the way you control it is by funding your marketing and always having opportunities in the backlog." - Dom Santaniello

"I think really a bigger investment is just in your brand." - Dom Santaniello

Mastering Entrepreneurship with Hard Money Lender Michael Mikhail

Michael Mikhail is the Founder and CEO of Stratton Equities, the nation’s leading hard money and NON-QM lender to national real estate investors, with the largest variety of mortgage loans and programs under one roof.  Having launched Stratton Equities in early 2017, Michael has always been an entrepreneur and innovator in the real estate market, purchasing his first home at 19 utilizing hard money.

He is a serial entrepreneur with a foresight for business opportunities.  He officially joined the mortgage industry in 2003 and decided to travel to explore his options globally.  After traveling to 19 countries in 5 years, Michael knew two things; he wanted to start his own business and launch it in the United States.  In 2017, Michael noticed how the mortgage industry had transformed after the regulations presented from 2008-2012, and knew it was time to set out something on his own, thus creating Stratton Equities. Under Michael’s leadership, Stratton Equities has grown into one of the biggest leaders in the Mortgage and Real Estate industry across genres and platforms.

[00:01 – 06:20] Opening Segment

• Michael is a private money lender, has ADHD, and has always been creative and passionate about what he does
• Get to know how Michael began his business career at the age of 15

[06:21 – 16:47] Master Entrepreneurship

• Be Aggressive in Your Business
• What it means to be “selfish for yourself to find success”
• Michael’s growing pains in 2008 and 2009
• The need to have a product that people are interested in and the need to spend money on marketing to get the product into the hands of consumers

[16:48 – 24:50] Learning from Mistakes

• Michael started a vitamin company, failed but learned from it
• If a business does not make money at first, it is still possible to learn and succeed in the long run
• Treat people well, have a clear vision, and respect the people around you

[24:51 – 34:00] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • Equities
• Michael’s worst investment
  • No bad investment, but stepping stones to move on to the next one
• What does success mean to you?
  • “You can’t build anything alone.”

Connect with Michael Mikhail through https://www.strattonequities.com/.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                  

Tweetable Quotes:

“People have to be a part of your vision to scale.” – Michael Mikhail

“It's not about the money. You can't say, like Elon Musk and say, I want to make all this money. It was what he was passionate about, what he did and what he had a knack for.” – Michael Mikhail

Semi-Retirement, the FIRE Movement, and Real Estate with Joe DiSanto

Joe has built multi-million-dollar businesses, produced critically acclaimed documentaries and an Emmy-winning TV show, invested millions in real estate, and semi-retired aged 43.
Now, he’s sharing a lifetime of fiscal know-how via Play Louder, an invaluable resource helping individuals and business owners increase their net worth, plus plan better for their future.

Joe and his family love to travel. Whether it’s house-swapping or buying a property in Belize – which, incidentally, he turned a decent profit on.

[00:01 - ] Opening Segment

• Get to know Joe DiSanto
• Exploring financial opportunities to spend more time with the family
• Business gaps and the finance guy

[06:01 – 14:59] Semi-Retirement, the FIRE Movement, and Real Estate

• What you need to know about the FIRE Movement
• Real estate is just any other investment
• Not a no-work career but the perfect side hustle

[15:00 - 26:45] Why You Should Invest on Turnkey Rentals

• Joe’s turnkey rentals since 2007
• Know more why Joe would do turnkeys again
• Real estate on the whole is performed really well and is a huge contributor to being able to move and work less

[26:46 - 35:52] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • Joe’s first house in 2004
• Joe’s worst investment
  • Entertainment advertising
• What does success mean to you?
  • “Have multiple things going on in your life. You know, don't rely on one thing.”

Connect with Joe DiSanto through https://www.playlouder.com/.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                  

Tweetable Quotes:

“If you like the idea of real estate and you want to be investing and getting a good return for a reasonable amount of risk, going into real estate as your side business or side gig is the best thing to do. And then eventually, it could become a full-time job for you.” – Joe DiSanto

“I like real estate because it’s a simple business.” – Joe DiSanto

Escaping Wall Street through Franchises with Kim Daly

Kim Daly is one of America’s top franchise consultants. For almost two decades, she has been educating, motivating, and inspiring dreams of business ownership through franchising as an independent consultant with FranChoice. She co-authored, Franchising Freedom, an international best-selling book as well as Mission Matters Volume 5, Top Tips to Success, and in 2012, she built the largest consulting practice in the history of franchising consulting. Today, she continues to help thousands of people explore their investing and business ownership dreams through her individual consulting, podcasting and online motivational programs.

[00:01 – 07:35] Opening Segment

• Get to know Kim Daly
• Franchise consultant and helping people explore franchise opportunities
• Franchising and finding employees in 2022

[07:36 - 17:28] Escaping Wall Street through Franchises

• Start building your franchising skills and knowledge base
• That’s too big of an investment! Know the right amount to invest in franchise
• Business is not simply a hobby

[17:29 – 32:18] Lead the Franchising Space  

• For franchises, COVID-19 was the best thing that ever happened
• Strategies franchise owners employ to lead the race
• Consumers Love Brands: The importance of branding in franchises

[32:19 – 38:51] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • Infinite banking
• Kim’s worst investment
  • Startup businesses
• What does success mean to you?
  • “Surround yourself with people who can help you with your dream.”

Connect with Kim Daly through Youtube and https://thedalycoach.com/ to find freedom, build wealth and a legacy for your family!

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                  

Tweetable Quotes:

“Franchisors actually care about their franchisees in 2022.” – Kim Daly

 “The business is not a hobby.” – Kim Daly

“Branding is important in franchising.” – Kim Daly

Low Competition Investing in Small to Midsize Mobile Home Parks with Charlotte Dunford

Charlotte is a graduate of The Georgia Institute of Technology where she earned her B.S. in Business with a focus on business analytics and technology. Charlotte, along with her business partners, currently sponsors the repositioning of 25 value-add and turnaround mobile home parks.

[00:01 – 06:23] Opening Segment

• Get to know Charlotte Dunford
• 24 mobile home parks across 10 different states
• How an immigrant from China became passionate in real estate
• Investing through escaping competition
  • From Zero to One  

[06:24 – 12:57] Low Competition Investing in Small to Midsize Mobile Home Parks

• How to Make Small to Medium Home Parks Work
• Know how cap rates and the economy affect MHP
• Mom and Pops in the MHP Space
• There is no such thing as ‘no record’ and sellers tend to inflate their books

[12:58 – 29:16] MHP Financing and Management

• Structuring a seller finance note for small and mid-size MHP homework
• Longer balloon times are part of the offer!
• Tenant-owned homes versus park-owned homes
• You have to be ready for your uniqueness
• On-site management of smaller MHP
• Charlotte’s scaling plans and exit strategies

[29:17 – 37:53] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • Learning about the American Society at 16
• Charlotte’s worst investment
  • An experience in a single-family home
• What’s the most important lesson you learned in business and investing?
  • “It’s a team sport.”

Connect with Charlotte Dunford through https://www.johnscreekcapital.com/ and diversify your portfolio with mobile home parks.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                  

Tweetable Quotes:

“The reason why small mobile home parks are attractive is because it is not as competitive.  That drives the prices lower and you are able to get a more attractive deal and getting the right deal is the most important thing.” – Charlotte Dunford

“It’s important to have a longer balloon time.” – Charlotte Dunford

“There’s always going to be competition so you have to create a monopoly.” – Charlotte Dunford

Does an MBA Help in Real Estate Investing? with David Kamara

David has been a real estate investor since buying his first duplex in 2006. Over time he has transformed the portfolio from residential, single-family, and duplex units to focus on larger multi-family investing including apartment buildings and townhouse communities. When David is not looking for the next investment opportunity he is a successful management consultant and highly sought-after advisor to C-suite executives and private equity investors. He has held a number of interim CIO and COO roles and has been involved in over 50 private equity, corporate and strategic transactions.

David received his MBA from the University of Chicago Booth School of Business. He holds a Master of Liberal Arts degree from the University of Chicago and a Bachelor of Science in Computer Science from the University of Michigan, Ann Arbor. David speaks five languages.

[00:01 – 09:19] Opening Segment

• Get to know David Kamara
• David shares the story of how he got into the real estate investing space
• David’s life after coming from Sierra Leon
• Networking in Business School

[09:20 – 19:03] Should You Invest in an MBA?

• Other opportunities versus real estate for David and his wife
• What Made David leave his corporate career
• Things You Have to Know About Business Schools to Get the Best Out of It
• How MBA Gives You an Edge Above Others

[19:04 – 32:24] 

• Looking at MBA in an economic sense
• The future of the real estate space
• Real estate is a reputation business and you want to deliver
• David shares about a deal where he had to use the leverage

[31:11 – 40:] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • Old high school turned apartment for $850,00
• David’s worst investment
  • First duplexes in Indiana

Connect with David Kamara through https://capesierracapital.com/ and check out The Personal Cash Flow Formula.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                  

Tweetable Quotes:

“There is a ton of lessons that you can learn in business school but I don’t think you need an MBA.” - David Kamara

“Business school is more of what you make it.” - David Kamara

“Sometimes it’s tough to predict the future.  And with rates, you have to take a stance with where they’re going.” - David Kamara

Insurance Knowledge for Passive Syndication Investors with Drew Maconachy

Drew grew up in an insurance family – both his father and mother were agents – so insurance was a natural career path. Through consultation with his father, John Maconachy, a founding partner in Maconachy Stradley Insurance, he determined the best path to success was to learn the insurance industry from the inside out. As a finance major in college he took every insurance course that was available to him.
Following college, Drew went to work for AIG for 3 years as a commercial underwriter. While at AIG, he completed one of the strongest and most rigorous training programs in the industry: 9 months learning underwriting, claims management, and actuarial studies. As a result of this training and his ambition, he was able to grow his portfolio from $15h,000,000 to $25,000,000 and wrote the largest account in his team’s history.

[00:01 – 04:54] Opening Segment

• Get to know Drew Maconachy
• Commercial Insurance Consultant, an extension of their customer’s businesses

[04:55 - 22:18] Insurance 101

• All Insurance is NOT Created Equal
• Price is most important but you have to understand what you are buying
• Reasonable Quotes for Insurances
• The value of insurance for replacement costs

[22:19 – 31:16] Insurance Knowledge for Passive Syndication Investors

• How to Know if Sponsors Have Done Due Diligence
• Sponsors need to be realistic in their expectations when quoting policies
• The Consequences of Unrealistic Quotes
• The importance of having insurance agents and experts

[31:17 - 40:56] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • A handful of investments
• Drew’s worst investment
  • Nursing home operating company in Texas
• What is the most important lesson that you've learned in business and investing?
  • “Who you surround yourself with.”

Connect with Drew Maconachy through Facebook.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                  

Tweetable Quotes:

“Don’t think that all insurance policies are made even.” - Drew Maconachy

“As business owners and investors we should always focus on value rather than price and understand the value that we get for our money.” - Drew Maconachy

How Increasing Rates are Impacting Real Estate NOW

Interest are rising, but what impact is that having on real estate, if any? Let's talk statistics and data.

The Mortgage Bankers Association article discussed in this episode can be found here: https://www.mba.org/news-and-research/newsroom/news/2022/04/27/mortgage-applications-decrease-in-latest-mba-weekly-survey

Interested in learning about investing with us? Go to www.investwithtaylor.com

Learn the top 6 ways to escape Wall Street and Invest in Main Street: www.escapingwallstreet.com 

Combining Active & Passive Income with Infill Lot Development with Dan Haberkost

Dan Haberkost is an entrepreneur, investor, and land developer. Because of the financial impact of real estate investing, Dan left traditional employment at 23 and he now has the freedom to work on what he wants without being tied to any sort of job. Within the real estate world, Dan is currently working on a mixture of new development, land investing and wholesaling and he’s always on the lookout for a property that makes sense as a long-term buy & hold.

Dan Haberkost is the CEO of Front Range Land. At the age of 25, Dan Haberkost has managed to build an impressive real estate business & portfolio that allows him the freedom to live & work where he wants while spending a tremendous amount of time in the mountains and on the beach.

[00:01 - 04:19] Opening Segment

• Get to know Dan Haberkost
• Dan talks about how his active business feeds his passive business

[04:20 - 14:42] Infill Lot Development

• Let’s talk about land
  • Land that Dan is working on versus land others are working on
  • The difference between raw land and a piece of land that's developed
• Strategies in Investing in Infill Lots
• Dan shares his experience in learning the process of developing properties

[14:43 - 23:46]  Combining Active & Passive Income

• There's no magical reason why the cost of real estate goes up in a lot of cities that have massive amounts of people moving 
• Dan’s Top 3 Criteria in Finding His Contractors
• How to Combine Your Passive and Active Income

[23:47 - 31:22] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at www.escapingwallstreet.com
• What is the best investment you've ever made other than your education?
  • House hack in Colorado
• Dan’s worst investment
  • His first duplex

• What is the most important lesson that you've learned in business and investing?
  • “Your ‘WHY’.”

Connect with Dan Haberkost through Facebook and Instagram.  Visit his website https://danhaberkost.com/. 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                   

Tweetable Quotes:

“Real estate investing is a cash-intensive venture.” - Dan Haberkost

“I really wouldn't recommend anyone to pursue building something unless they really want to make a business out of it.” - Dan Haberkost

“Success in the long term is more about moderate gains while mitigating total loss. ” - Dan Haberkost

How a Busy Engineer Scales a Real Estate Portfolio with Austin Curry

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Austin Curry is an engineer, investor, and advisor of small businesses. He began his real estate investing journey in 2016, enthralled by the concept of financial independence discussed all over the internet. After hustling a few smaller multifamily properties in Chicago, he quickly realized he'd need a team to reach any real amount of scale. After a couple of years of networking and learning, Harriet Capital was formed. Harriet Capital is a black and woman-owned firm focused on multifamily and mixed-use syndication opportunities in a handful of markets around the US. Austin's next urgent goal is to reach a level of scale that'll allow him to walk away from his "day job" and go full-time in investing. In his free time, Austin loves cooking and tinkering with his old cars.

[00:01 - 07:58] Opening Segment

• Get to know Austin Curry
  • Mechanical engineer and real estate investor and syndicator
  • How Austin manages his time with his career and real estate investing endeavors
  • Two Things that Help Austin Conquer the World

[07:59 - 16:34] How a Busy Engineer Scales a Real Estate Portfolio

• The Cost of Bad Systems and Lack of a Property Manager
• Underwriting Improvements from the First Deal  
• The Challenges of the Pandemic for Austin and his business

[16:35 - 28:24] Seminars, Risks, and the Pandemic 

• Austin talks about eviction moratoriums during the pandemic
• Scammed into a Real Estate Seminar
• House Flipping and Taking Risks

[28:25 - 38:43] Closing Segment

• Quick break for our sponsors
  • The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at www.escapingwallstreet.com 
• What is the best investment you've ever made other than your education?
  • Austin’s second investment
• Austin’s worst investment
  • Options course

• What is the most important lesson that you've learned in business and investing?
  • “Never overweight the effects of macroeconomics versus the micro factors of your deal.”

Connect with Austin Curry through curryag@gmail.com and Instagram.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

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                   

Tweetable Quotes:

“There are hundreds of asset classes, new ones come out every day. It's only gonna get crazy with crypto. But you can only be an expert in a handful of things need to rely on other people in your network to the experts and other things.” - Austin Curry

“You are more likely to either mess up your deal or improve your deal by nailing or missing the basic operational details of what you have going on.” - Austin Curry