Episode 96: They transformed an apartment complex and doubled investor's money along the way!

Episode 96: They transformed an apartment complex and doubled investor's money along the way!

Matt Faircloth

Real estate investor, author, and syndicator Matt Faircloth of the DeRosa Group joins Justin Fraser to talk about the challenges and triumphs of selling the DeRosa Capital 8, Douglas Square Apartments – from dwindling occupancy due to management’s poor communication with tenants, to refinancing the property twice, and ultimately, making the decision to sell the property making it a win-win situation for everyone involved. This property was a 4-year hold that they invested $2M in CapEx renovations and increased Net Operating Income (NOI) on the property by 8x.

Episode 94: She went from ZERO doors to 100 through short-term rentals in just 5 years!

Episode 94: She went from ZERO doors to 100 through short-term rentals in just 5 years!

Avery Carl
Wealth Building

Real estate investor Avery Carl of The Short Term Shop and The Mortgage Shop joins True Multifamily to talk about her book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties. Avery went from owning nothing to a hundred doors within 5 years. Thanks to short-term rentals that have heavier cashflows and are easier to finance, Avery grew her portfolio more quickly than she would have otherwise with traditional single-family long-terms. Today, Avery shares all the buts and bolts when it comes to buying and managing short-term rentals and vacation properties.

Episode 91: They started multifamily investing while living abroad during COVID!

Episode 91: They started multifamily investing while living abroad during COVID!

Michael Barnhart & Suzy Sevier
Overseas Investing

All the way from the UK, Michael Barnhart and Suzy Sevier of Adventurous Real Estate Investors join True Multifamily to share their impressive feat of multifamily investing and networking with no multifamily experience while living abroad. They shared their inspiration in making the leap to multifamily investing when they read the book “Multiple Streams of Income” by Robert Allen and how they positioned themselves as credible overseas investors, from finding a market to finding their mentor.

Episode 90: He fired an unprofessional property manager to improve customer relations!

Episode 90: He fired an unprofessional property manager to improve customer relations!

Omar Khan
Property Management

Omar Khan, Managing Principal and Founder of Boardwalk Wealth, joins True Multifamily to talk about his process on syndicating a multifamily property. He shares the importance of being consistent in communicating and using the necessary tools, especially when maintaining a B+ property. He also mentions that a third-party property management company should hire competent and consistent people onsite, emphasizing that the last link in the chain should still be extremely strong.

Episode 87: She helps beginners invest passively in real estate!

Episode 87: She helps beginners invest passively in real estate!

Lisa Hylton
Passive Investing

In this episode, Lisa Hylton of The Level Up REI Podcast joins True Multifamily to talk about how to build wealth through passive real estate investing. She goes into the details from networking to generating passive income. She specifies the importance of communication and transparency, especially when deals get in trouble, eventually evaluating the health of the deal and discussing the numbers with the investors as soon as possible.

Episode 86: He split units in half for a 45% rent increase!

Episode 86: He split units in half for a 45% rent increase!

Kent Ritter
Asset Management

In this episode, Kent Ritter of the Ritter on Real Estate podcast joins True Multifamily to share how he plans to deconvert his 110-unit with half studios and half two bedrooms into all studios. After getting a better understanding of the market and seeing the demand, he realized that converting the whole property with all studios will drive up revenue and really add more value to his tenants and investors.

Episode 82: His closet system is a Value-Add Amenity!

Episode 82: His closet system is a Value-Add Amenity!

Jim Monk
Value Add

Jim Monk of CLOZZITS joins True Multifamily to talk about how they design closets that boost revenue. He shares how it’s a huge differentiator in the multifamily competition to install closets that not only increases revenue but also closets that residents like. He mentions how the residents of today are not only looking for a place to live in but also looking for resort-type amenities, retiring the old utilitarian closet and upgrading it to an experience that boosts the asset value of the property.

Episode 81: He regrets skimming a contract and missing the hidden fees!

Episode 81: He regrets skimming a contract and missing the hidden fees!

Jonathan Barr
Property Management

This episode features Jonathan Barr of JB2 Investments. He joins True Multifamily to talk about property management and the challenges with unexpected fees on their contract. Jonathan shares to always be thorough on the contracts of your deals, letting your attorney review everything to avoid missing the unexpected fees that you don’t notice until you get your first P&L such as the late fees, processing fees, administration fees, and application fees.

Episode 80: He served 10 years in prison & now keeps others out of trouble!

Episode 80: He served 10 years in prison & now keeps others out of trouble!

Mike Morawski
Federal Prison

Mike Morawski, Founder & CEO of My Core Intentions, joins True Multifamily to open up about the mistake of buying too much real estate way too fast, destabilizing him along the way. He shares his unfortunate experience trying to save his company without disclosing the details to his investors, eventually getting sentenced to 10 years in federal prison for wire fraud and mail fraud charges.

Episode 79: He built a huge TikTok following by teaching people Real Estate Investing!

Episode 79: He built a huge TikTok following by teaching people Real Estate Investing!

Sam Primm

This supersized episode features Sam Primm of FasterFreedom as he joins True Multifamily to discuss how he leveraged social media platform TikTok to educate people about real estate investing. He shares how to work with TikTok’s evolving algorithm, by taking a trend and making it your own, directing viewers from TikTok to YouTube or your website, and the whole content creation process.

Episode 78: His property caught fire right after closing!

Episode 78: His property caught fire right after closing!

Randy Langenderfer
Fire

In this episode, Randy Langenderfer of InvestArk Properties, LLC joins True Multifamily to share how he dealt with a fire on his first GP deal on the first month of ownership! He shares the whole process of finding his first deal, the challenges and tribulations that came with the fire, and how they changed the onsite manager to help the property rise from the ashes.

Episode 77: He overcame early mistakes and a drop to 0% occupancy to make his property profitable!

Episode 77: He overcame early mistakes and a drop to 0% occupancy to make his property profitable!

John Fortes
Tenant Management

John Fortes, Managing Director & Founder of The Fortes Company, joins True Multifamily to share his experience about his early mistakes on his first deal. On his 62-unit, John learned the hard way when his occupancy dropped to zero. He mentions all the lessons he learned while facing the challenge of zero occupancy, sharing about staggered rents, effective communication, and rebranding.

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