Discover5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
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5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate

Author: Abel Pacheco

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Welcome to the Passive Investing, Cashflow, & Generational Wealth, 5 Talents Podcast! Your host Abel Pacheco interviews the top commercial restate investors and industry experts so you can learn from their experiences. If you’re an investor, a high W-2 earner, a tech or sales professional wanting to invest in real estate without leaving your current profession & without managing properties yourself… Then this podcast is for you! Or… If you're already investing in real estate part-time, and want to become a full-time investor, then this podcast is for you TOO! You will learn a ton! On the 5 Talents Podcast, you will learn from real-life multifamily investors and other real estate professionals who will stretch your mind on what’s possible and share their blueprints for success.Your host Abel Pacheco is a 12 year veteran in real estate investing and invested in 865 doors himself. He is a Principal/General Partner in 400+ doors, and a passive limited partner in 465 doors. In his professional career, he led teams of 60+ individuals to "10x growth" of $57MM in yearly acquisitions. He is a servant leader, who gives back through his podcast, webinars, and meetups. Abel combines his passion for real estate investing, his professional successes, faith, leadership, and core beliefs to serve the investment community. Abel has also served his local church for nearly 10 years as a deacon and finance board member. If you are on a journey to obtain financial freedom through multifamily real estate investing and want to learn other real multifamily investors, multi-millionaires, industry experts, and others who can help you on the way, then this is the podcast for you. We want to add as much value as we can to our listeners on their path to financial freedom.
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David Davidenko and Julia Bykhovskaia are huge fans of Tony Robbins. However, they’re not fans who are simply inspired. They are fans who take massive action.David and Julia will join us in this episode to trace back their journey to real estate, the actionable steps that new and experienced investors can take, and the right mindset that led them to build a million-dollar portfolio from nothing. Tune in now and learn how to acquire over 4,000 units in 5 years![00:01 - 08:58] Opening SegmentLet’s get to know David Davidenko and Julia BykhovskaiaTheir journey from their home country to US real estate[08:59 - 20:09] How to be Successful in Real Estate The determinants of success for David and JuliaMassive action is crucial Julia talks about jumping from a regular job to real estate[20:10 - 32:20] Invest Passively in Real EstateAre you planning to invest passively in real estate?The importance of having the right mentor Here’s why you should network in this business [32:21 - 41:46] Invest Actively in Real EstateDo you want to be an active operator?Tips for new operatorsAdvice for experienced operatorsConnect with David and JuliaLinks below[41:47 - 46:19] Closing SegmentWhat David would not advise to investorsCan you balance active investing and other endeavors?Listen to Julia Final words from usTweetable Quotes: “If you want to grow, if you want to develop, if you want to succeed, you just have no choice. Go outside of your comfort zone.” - David Davidenko “The mindset is the most important thing, getting to this mindset that, ‘Yes, you can.’” - Julia BykhovskaiaResources mentioned:Book: Rich Dad Poor Dad Individuals to follow:Tony Robbins Joe FairlessRod KhleifBrad SumrokNeal BawaMichael Blank------------------------------------------------------------------------------------------Connect with David on LinkedIn and Facebook. Reach out to Julia on LinkedIn and Facebook. Check out Sunrise Capital Group and start your multifamily investing journey! Guest email: vd@suncapus.com & julia@suncapus.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Kevin Brenner is not your typical Wall Street fund manager. He graduated from the University of Miami with a bachelor’s degree in Atmospheric Science. He is also on active duty as a top Pentagon Air Force meteorologist. Outside of his work, he coaches 150+ military investors to succeed in the real estate space. He also shares his conversations with top real estate and investment experts in his podcast, the Active Duty Passive Income Podcast. In this episode, he will share his journey, his real estate secrets, and the unique business model he offers to their clients.Tune in now and learn hybrid fund investing![00:01 - 03:27] Opening SegmentLet’s get to know Kevin Brenner[03:28 - 12:37] Hybrid Fund InvestingKevin breaks down their unique business modelHis interesting thoughts about commercial real estate Learn more about high-performing agents and power brokers [12:38 - 22:40] Military Lessons in Real Estate Kevin talks about his unusual jump to real estateThe military lessons applicable in real estateListen to our exchange about our “higher purpose”[22:41 - 32:56] Not for Innovation Start successfully in real estate with these tips from KevinThe role of podcasting in his real estate investingConnect with Kevin. Links below[32:57 - 36:14] Closing SegmentReminders from Kevin you shouldn’t missFinal words from Kevin and meTweetable Quotes: “If you want to get started in this business, do not become an innovator. This is not the business for innovation.” - Kevin Brenner“Find someone who is doing what you want to do, emulate them, copy them, and execute.” - Kevin BrennerResources mentioned:Rich Dad Poor DadJocko WillinkBrandon TurnerTimothy KellyRackspacePrevious episodesSharon Lechter - Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are SexyGreg Reid - 32 Bestsellers in 45 Languages; The Secrets of The Millionaire Mentor------------------------------------------------------------------------------------------Connect with Kevin on LinkedIn. Be an “impact investor” by checking out Nimbus Capital Investment Co!Guest email: kevin@risewithnimbus.com Text INVEST to (570) 578-2488Download our Stratus Fund 1 Passive Investor Guide: Start here.Support the Veterans Community ProjectConnect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Are you an athlete already thinking about your retirement years? Well, this episode is for you. Mikey Taylor had a successful professional skateboarding career that lasted for almost 20 years. Despite the success he’s had, he was already thinking about his post-playing years, leading him to build Saint Archer Brewing Company with his friends. Years later, he co-founded Commune Capital, which now has $160 million assets under management. Let’s listen to Mikey and learn to invest successfully in real estate after your playing years![00:01 - 05:29] Opening SegmentLet’s get to know Mikey TaylorFrom professional skateboarding to real estate [05:30 - 15:12] Financial Coaching Never letting go your dreamsHear Mikey’s advice How Mikey earned from skateboardingMikey remembers his jump to real estateHow did he start? [15:13 - 25:46] Wealth Creation Mikey’s tips for a better financial futureSpend below your meansBe responsible with the little things Mikey’s “eureka” moment in real estate How was it like to jump from passive to active investing? [25:47 - 36:14] Successful Businesses The story of starting a craft beer company From backpack to beerHow to build a successful business Experience first, product secondSocial media as a trust builderIs it possible? [36:15 - 43:16] Closing SegmentConnect with Mikey. Links belowThe big change in retail Final words from Mikey and me  Tweetable Quotes: “Spend less than you make. We all say it, you have to uphold it.” - Mikey Taylor“For anyone who is not invested in real estate yet, set your goals for it, put a timeline together, and start driving towards participating because it is one of those asset classes that is very easy to understand, can really really change your life… and can really be a big blessing on your kids and the generations after.” - Mikey Taylor Resources mentioned:OGIOBook: The SPEED of Trust Rackspace------------------------------------------------------------------------------------------Connect with Mikey on LinkedIn, Twitter, and Instagram. Check out Commune Capital to learn more about their services. Guest email: mikey@communecapital.com  Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Chief Operating Officer of MAG Capital Partners, Neil Wahlgren, brings nearly two decades of leadership in operations and capital markets. Prior to MAG Capital Partners, Mr. Wahlgren led a Bay Area real estate investment firm, raising capital for over $200MM in projects.His discipline and work ethic stems from his military background. Logging over 2500 flight hours with combat tours to both Iraq and Afghanistan, concluding his military career as a Lieutenant Commander.Let’s get into Mr. Neil Wahgren’s story of how he went from Air Force Commander to Real Estate Entrepreneur.[00:01 - 06:38] Opening SegmentLet’s get to know Neil WahlgrenNeil talks about his backgroundRole and Responsibilities at MAG Capital PartnersFirst involvement in the real estate industryMilitary service[06:39 - 13:41] From Military to $200MM worth of Capital RaisedNeil’s transition from the military to raising $200M worth of CapitalLinking time and money in his career as a pilotThe limitless potential of commercial real estate[13:42 - 36:26] MAG Capital PartnersNeil gives an insight about MAG Capital Partners modelIndustrial Single Tenant Net LeaseSale-LeasebackWhat is a Triple Net Lease(NNN)?Leveraging experts in specific areas to make smart investment decisionsWhat the MAG Capital portfolio looks likeNeil’s advice for passive investors[36:27 - 41:58] Closing SegmentConnect with Neil. Links belowTips from Neil on How to raise capitalFinal words Tweetable Quotes: “I personally have not found a different career field that has more potential upside than real estate. If you really put your head down, make the right partnerships, and bring the right investor partners on board, there’s no limit to how big you can grow this machine.” - Neil Wahlgreen“Success begets success. People want to follow in the footsteps of others that they view has been successful.“ - Neil Wahlgren“Once you have a nice flow, it’s easy to attract capital. But when you’re starting, it’s much more difficult.” - Neil Wahlgren Resources mentioned:Rich Dad Poor Dad - Robert T. KiyosakiMAG Capital PartnersFree Ebook ------------------------------------------------------------------------------------------ Connect with Neil, send him an email at neil@magcp.com  Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Raven Multifamily Investments Co-Founder and Principal Venkat Avasarala began his real estate career just a few years ago. Before Co-Founding Raven Multifamily, Venkat’s career revolved around the IT Domain of the Corporate world for 14 years. His last corporate job is an SVP in Global Transformation on Operations LOB with Bank of America, before finding his way into the world of real estate.Let’s take a dive into Venkat’s journey and learn how he found tremendous success in Multifamily Real Estate.[00:01 - 05:10] Opening SegmentLet’s get to know Venkat AvasaralaVenkat talks about his backgroundIT CareerSettling Down in Dallas, TXGetting into real estate and achieving Financial independence in just 2 years[05:10 - 18:06] Pursuing a career in Real Estate InvestingVenkat looks back on his IT career in various large companies in the USMoving on and leaving the comfort of his career in IT to commit to real estate investingVenkat’s part-time real estate investing career in 2016-2018From 20 Single-family properties to multifamily syndicationsDeciding to invest in his future by committing to real estate[18:07 - 33:36] Taking Action and Acquiring 3000 Units, $300MM worth of propertiesFinding deals and opportunities outside of TexasLanding a deal in Phoenix, AZStarting with 300 units in DallasCollaborating and working with people for successful dealsWhat it’s like to manage 3000 UnitsVenkat’s advice to Passive Investors to find great deals, sponsors, markets[33:37 - 42:36] Property DevelopmentTheir transition to development dealsPotential returns in property developmentThe state of their property development deals[42:37 - 46:53] Closing SegmentFinal piece of advice from VenkatConnect with Venkat. Links belowFinal words Tweetable Quotes: “The world is big, the country is big, there are opportunities in so many places not just in our backyard. So have an open mind and learn about different metros’ trends, strengths and weaknesses.” - Venkat Avasarala“Not investing is not an option. You have to invest somewhere, you have to grow that money. Because everything else that you want in the future, is going up in value.” - Venkat Avasarala“When you work hard, you get lucky.” - Venkat Avasarala Resources mentioned:Raven Multifamily InvestmentsFree Ebook ------------------------------------------------------------------------------------------ Connect with Venkat, send him an email at venkat@ravenmultifamily.comCall: 281-727-9238 Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Bestselling author Greg Reid was rejected by 268 publishers before he was able to launch his first book. In dealing with these rejections, he realized that he needed to play to his strengths while hiring his weakness. And, he did. Nothing came after but success.Let’s listen to Greg and learn from the Millionaire Mentor![00:01 - 05:46] Opening SegmentLet’s get to know Greg ReidWork your strengths, hire your weaknesses[05:47 - 16:02] Following Your Passion The new real estate according to Greg Here’s an advice from Greg you don’t want to missThe common denominator among successful persons [16:03 - 27:45] The C-P-C Formula Time + Land = MoneyGreg’s explanation here Write “CPC” somewhere now!What does this mean? Our thoughts are not thingsGreg’s insights about taking action [27:46 - 37:34] The Word That Opens Doors of Opportunity What you should hear from your mentors How to get access to the people you should followDon’t miss this story from Greg about “embracing your lack!” [37:35 - 40:32] Closing SegmentConnect with Greg. Links belowFinal words from Greg and me Tweetable Quotes: “The universe will reward those who take massive action toward their success.” - Greg Reid“Surround yourself with people that are getting the results that you want for yourself today.” - Greg ReidResources mentioned:Some of Greg’s books (both sole and co-authorship):The Millionaire MentorPower of ProximitySellershipStickabilityThree Feet from GoldWealth Made EasyThoughts Are ThingsOther books:Think and Grow RichRich Dad Poor DadOutwitting the DevilThink and Grow Rich for WomenOur previous episode:Sharon Lechter - Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are Sexy------------------------------------------------------------------------------------------Connect with Greg on LinkedIn, Facebook, Twitter, YouTube, and Instagram. Check out his website to learn more about his work. Guest email: billy@gregreid.com Apply to the Secret Knock and join the no. 1 networking event in the world!Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
“Housing should not be limited to the wealthy,” Melissa Meza believes. Melissa, currently Director of Acquisitions and Dispositions at GG Homes I Buy SD, is now on a personal mission to facilitate social and green impacts in her immediate community. As a single mother who has had nothing while raising a daughter, Melissa knows what it’s like to have all odds against you.She joins us in this episode to talk about her journey, how she lost everything, then got back up from nothing with only her strong sense of self-belief and her child as her driving forces. Melissa is the epitome of “Never Give Up” and a champion for sustainable housing. She calls herself the Real Estate Wizard, but you will learn from her that achieving success is no magic, but a product of hard work, determination, and love. Tune in now and listen to our conversation with the Real Estate Wizard![00:01 - 06:09] Opening SegmentLet’s get to know Melissa MezaA “real estate wizard”Walk with Melissa as she traces back her path to real estate[06:10 - 15:38] Reaching the Pinnacle Has A Cost Listen to Melissa on how she’s grown in real estate The cost of reaching the pinnacle of her careerHere’s a familiar reminder from Melissa about building your empire [15:39 - 26:36] Building Herself Back UpHow to reach $7M to $500M in real estate Melissa recalls her experience in foreclosing properties How she built herself back up from having $600 left on one credit card [26:37 - 36:12] Promoting Sustainable Housing Melissa doesn’t see herself as a salesperson, but an educatorShe tells us why Housing should not be limited to the wealthyMelissa’s passion project Start in real estate with these tips from Melissa [36:13 - 44:54] Closing SegmentConnect with MelissaLinks belowFinal words from Melissa and me Tweetable Quotes: “Take your time, do it right. Rome wasn’t built in a day. You’re not gonna create an empire in a day either. If you check the boxes, there’s no shortcut to success whatsoever.” - Melissa Meza“If you can believe in yourself and you really stop at nothing and keep your goals in mind, it’s amazing what people are actually capable of doing.” - Melissa Meza“Your current situation is rarely your final destination.” - Melissa MezaResources mentioned:Greenlights12 Months to $1 Million------------------------------------------------------------------------------------------Connect with Melissa on LinkedIn, Facebook, and Instagram. Sell your house fast with GG Homes I Buy SD!Guest email:  melissa@gghomessd.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
No one wants to pay for an insurance policy, only to realize in the end that it cannot pay for the damages you did not expect on your properties. Unfortunately, 80% of real estate investors own such a policy. That’s where Jeremy Goodrich comes in. Jeremy is the owner of Shine Insurance Agency, who helps clients choose the right insurance for their real estate business. Listen to Jeremy to learn how to pick the right insurance for you![00:01 - 05:49] Opening SegmentLet’s get to know Jeremy GoodrichWhy insurance is unremarkable according to JeremyHis road to commercial real estate[05:50 - 16:09] The 3 Pillars of Real EstateShould you jump from a day job to a business?Listen to Jeremy The cost of freedom from real estate Clarity and connections are 2 of the 3 pillars of real estate[16:10 - 26:13] Insure Your Properties What is the last pillar of real estate investing? Let’s break down the OODA LoopWhy you should insure your propertiesDon’t miss Jeremy’s advice [26:14 - 37:05] The Right Insurance Policy Listen to Jeremy to know if you have the right policyWhat if you have the wrong one? Connect with JeremyLinks belowLearn from the experts doing the right thing[37:06 - 43:15] Closing SegmentWhy you should improve your social presence Final words from Jeremy and me Tweetable Quotes: “The great thing about real estate is you put the sweat equity in and you can make it happen.” - Jeremy Goodrich“There are great insurance advisors out there. Go find one and don’t stop until you do.” - Jeremy GoodrichResources mentioned:Our previous episodes:Brain Burke: What You Should Know About Blind Pool FundsMatt Faircloth: Two Great Guys Talking Real EstateForrest Corral: How I'm Buying a Billion Dollars of Multifamily in My UnderwearBooksThe Hands-Off InvestorRaising Private CapitalThe 4-Hour WorkweekThe OODA LoopGrant CardoneYonah Weiss------------------------------------------------------------------------------------------Connect with Jeremy on LinkedIn and get insured in real estate investing by visiting Shine Insurance Agency! Guest email: jeremy@shineinsurance.com  Are you part of the 80% of commercial real estate investors with the wrong insurance? Find out here. Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Isaac jumped into the real estate space not only to make money but to build a legacy. Today, he’s helping other investors to not only build their legacy but also help them be a blessing to others. In this episode, he will share some valuable tips to start in real estate or any other entrepreneurial endeavor. He will also discuss the factors that can help us succeed in this space, which include discipline, outside-the-box thinking, and grace under pressure. Listen to Isaac to learn how to succeed in real estate![00:01 - 06:00] Opening SegmentLet’s get to know Isaac Mathai From nuclear medicine technology to wedding events to real estate [06:01 - 15:22] Starting in Entrepreneurship Issac recalls how he told his family he’s quitting his day jobThe truth behind starting in entrepreneurship The lessons from entrepreneurship that you should know [15:23 - 26:54] Build Your Team the Right Way Why Isaac chose to develop buildings, not buy or rent Isaac learned how to build the right teamListen to his process Safeguard the culture you want to build for your business [26:55 - 37:28] Relationship-Building Listen to Isaac’s tips about mindset shift Should you get a mentor in real estate?Listen to Isaac Why relationship-building is key in this business [37:29 - 44:50] Closing SegmentWhat’s next for Isaac? Connect with Isaac Links belowFinal words from Isaac and me Tweetable Quotes: “Relationship is key in this business, right, and it is a major factor on how deals are getting done...” - Isaac Mathai “The goal is to be a blessing to others...be a channel of blessing.” - Isaac Mathai Resources mentioned:James KandasamyRonny Philip------------------------------------------------------------------------------------------Reach out to Isaac on LinkedIn, Facebook, and Instagram. Check out White Water Equity and start building your legacy, make an impact, and give back to your community! Guest emails: isaac@whitewaterequity.comConnect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Ashton and Chris Levarek have leveraged their experiences during their childhood and in the military to invest in real estate. Changing residences in their younger years have improved their adaptability while the backward planning from the military has guided their long-term planning. They share their story to inspire more people to choose their own adventure, which can include bringing your family into the real estate space. Listen to Ashton and Chris to learn how to build a family-owned real estate company![00:01 - 06:33] Opening SegmentLet’s get to know Ashton and Chris LevarekFrom the military to the real estateChoosing their adventure [06:34 - 19:24] A Passive Source Income How childhood experiences helped their real estate journey The moments Ashton and Chris realized they needed to invest in real estateThe importance of accountability partners for Ashton [19:25 - 30:59] Invest in Real Estate With No Money What is the “Fire for Effect” and how can it be applied to real estate? The key for those getting started in real estate investingYou don’t have to be the expert right away You can invest without so much money [31:00 - 45:01] Systems and Automations Chris breaks down syndication in simple terms Why go for big deals now? Grow your real estate company with these tips from Chris and Ashton [45:02 - 50:19] Closing SegmentConnect with Ashton and Chris Links belowFinal words from us Tweetable Quotes: “The action you take, the more you realize [what] you’re capable of and the faster you learn and the faster you grow.” - Ashton Levarek“Syndication just means the partnering of a bunch of people, of professionals, of companies, to achieve something they couldn’t buy themselves.” - Chris Levarek  Resources mentioned:Tony RobbinsBRRRR MethodGrant Cardone - Building a Million-Dollar Business in 90 DaysBooks:TractionVivid VisionThe 7 Habits of Highly Effective PeopleThe 10X Rule------------------------------------------------------------------------------------------Reach out to Ashton on LinkedIn then connect with Chris via LinkedIn, Facebook, and Instagram. Check out Valkere Investment Group and know more about this family-owned and -operated company! Guest emails: ashton.levarek@valkeregroup.com & chris.levarek@valkeregroup.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Aloha! In this episode, Indar Lange will take us on a virtual tour to have a glimpse of how real estate works in Hawaii. Houses in this country are worth almost a million dollars, but this does not stop him from taking this less-traveled path. He believes that you need creativity to close real estate deals, wherever those deals can be found. Indar has another concept he credits for his success, and this is "malama da aina."Listen to Indar and learn how the concept of “malama da aina” can be applied in real estate![00:01 - 06:01] Opening SegmentLet’s get to know Indar LangeFrom engineering to real estate [06:02 - 16:27] The Hawaiian Spirit Is creativity enough to make a deal work?Listen to Indar Hear from Indar the meaning of the “Hawaii Spirit”The biggest motivation on why Indar is investing in real estate [16:28 - 27:05] Flipping in Hawaii Listen to Indar’s approach in flipping What’s their 1% Rule?What Indar realized about depreciation How to leverage cost segregation according to Indar [27:06 - 37:08] BRRRR MethodIndar talks about his struggles and how he manages themThe importance of rehab budget for Indar Why you should apply the BRRRR Method[37:09 - 47:23] Closing SegmentLearn these “ninja tips” from Indar to invest in real estate Connect with Indar Links belowFinal words from Indar and meTweetable Quotes: “It just takes creativity to figure out a deal and structure it, make it work.” - Indar Lange“Networking is a huge part of this industry...we get  deals from friends, we partner with friends and other people, and it’s just a great community to help each other.” - Indar LangeResources mentioned:eBayBRRRR MethodBlackRock------------------------------------------------------------------------------------------Reach out to Indar at (808) 989 2323 or connect with him on LinkedIn, Facebook, and Instagram. Check out Our Home Investments and start your real estate investing in Hawaii! Guest email: indar@ourhomeinvestments.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Alvin “Hope” Johnson personifies the concept of hope, and it’s clear as day in his work in the real estate space. Alvin struggled to make ends meet until he landed a 30-day volunteer work. What was supposedly a normal monthly activity turned into a life-changing moment for Alvin, which made him realize the importance of taking care of your people in the business.Today, he shares his inspiring story and the unique business model that led him from zero to over $150 million in real estate assets.  Tune in now and hear this common advice you’ve probably forgotten already![00:01 - 05:39] Opening SegmentLet’s get to know Alvin JohnsonReal estate developer Problem solverA friend Alvin opens his real estate portfolio[05:40 - 11:50] The Beauty of Sharing Your Struggles Alvin talks about his mindset in life How to handle trauma according to AlvinThe main reason we connect with people and learn from them[11:51 - 21:23] Alvin’s Business ModelThe unique business model that makes Alvin different from the restWhy Alvin is focused on the people in his business This is him “living his dream”[21:24 - 31:35] Network Building Done Right Clear your limiting beliefs with this advice from Alvin Find the right circle of friendsIf you can’t, you’re better off aloneHow a 30-day volunteer assignment turned into a 13-month life-changing work[31:36 - 39:31] Relationships and People Here’s a crucial lesson that Alvin learned in real estate How’s networking in Clubhouse? Connect with Alvin Links below[39:32 - 47:05] Closing SegmentHow to find the best deals for you Final words from Alvin and meTweetable Quotes: “When I say I’m living the dream, my dream again is to help make other people’s dreams come true.” - Alvin Johnson“Watch what you say about yourself and then change your circle of friends.” - Alvin JohnsonResources mentioned:Grant CardoneKingdom Capitalists------------------------------------------------------------------------------------------Reach out to Alvin at 214-842-8075 or connect with him on LinkedIn, Facebook, Twitter, and Instagram. Check out his website and let him help you in your real estate journey! Guest email: alvin@372hope.org Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
We just finished Q1 of 2021, but it’s never too early to plan for 2022. Jerome Maldonado has 26 years of experience in the real estate industry, which helped him create generational wealth for his family. Now, he’s on a mission to help other people achieve financial freedom and do the things they are passionate about without having to worry about their daily expenses. The secret to Jerome’s success is a mix of mindset and education. To start in real estate, he says, you have to start even if it’s small. Nothing will happen if you overthink and you will only waste your precious time. This is easier said than done, though, and that’s why Jerome will break down his process on how to invest real estate from 2021 and beyond. Tune in now and listen to Jerome’s real estate advice![00:01 - 06:45] Opening SegmentLet’s get to know Jerome MaldonadoFrom pharmacy to construction to real estate [06:46 - 16:18] Underwrite Deals Better Jerome talks about the evolution of his real estate mindset He gives some interesting tips to underwrite deals successfully How $3K helped him jumpstart his real estate career [16:19 - 27:08] Your Path to Wealth Generation Jerome breaks down his business model The real pathway to wealth generation according to Jerome You can enjoy real estate and earn from it [27:09 - 35:39] Commercial Real Estate InvestingHere’s why you should invest in commercial real estate Why are they investing In Puerto Rico? Connect with JeromeLinks below[35:40 - 43:07] Closing SegmentDon’t let ego get in your wayIt’s okay to start small for now Final words from Jerome and meTweetable Quotes: “Just learn the real estate game. The real estate game is life-changing if you learn how to do it right.” - Jerome Maldonado“There is no such thing as too small. Just get started, and the biggest thing, once you get started, stay consistent at it.” - Jerome MaldonadoResources mentioned:Rich Dad Poor DadJerome’s courses:Elite Real Estate SocietyAdvanced Sales Formula*$500 PromotionWeekly Coaching calls------------------------------------------------------------------------------------------Connect with Jerome on Facebook, Twitter, LinkedIn, Instagram, and YouTube. Visit his website and jumpstart your real estate career! Guest email: office@jjacobenterprises.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Terry Heller has a quite different path to real estate. Here’s the story we commonly hear: The guest works on a regular day job, decides to invest in real estate, and starts passively. Starters usually choose single-family first until they realize they need to jump to multifamily. That’s the usual story, but that’s not Terry’s. Terry breaks into real estate from the entertainment industry, leaving a space where he’s worked with the likes of Jay-Z, Celine Dion, Dr. Dre, and Linkin Park. Today, he joins us to talk about his story, how writing a letter to a pastor pulled him to real estate, and shares some mindset tips you need to hear if you’re still thinking about your investment plans. Here’s one tip from him: “The person that’s gonna create the opportunity is you!” Tune in now and hear this unusual path to real estate investing![00:01 - 06:45] Opening SegmentLet’s get to know Terry HellerReal estate developerReal estate investor[06:46 - 16:16] Real Estate Investing in Los Angeles How’s Terry’s investing experience in Los Angeles (LA) generally? Terry walks us through his process of investing in real estateThe secrets of $10M+ deals in LA according to Terry [16:17 - 27:04] From Music to Real Estate Can you find a $200K/door deal in LA? Terry weighs in How Terry jumped from the music industry to real estate [27:05 - 38:46] Deals in the Commercial Real Estate Space What Terry learned from the entertainment industryThe lessons are also applicable to real estate Success can be dangerous according to Terry He tells why How writing letters jumpstarted Terry’s real estate career [38:47 - 47:46] Creating Opportunities Don’t miss this real estate advice from Terry! The common struggle in scaling in real estate Keep your doors open for opportunities Just like when he jumped from music to real estate [47:47 - 56:36] Closing SegmentConnect with Terry Links belowDon’t miss this Dr. Dre story! Final words from Terry and meTweetable Quotes: “When you do have some success as a young person, it can be dangerous.” - Terry Heller“The secret to being able to [invest in real estate successfully] was just the self -belief that I’ll figure it out.” - Terry HellerResources mentioned:Ruthless Records------------------------------------------------------------------------------------------Connect with Terry on Instagram and LinkedIn. Check out Heller Holdings and start your investing journey in Los Angeles, California! Guest email: terry@heller-holdings.com  Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
You’re going to want to connect with Rashmi Nigam if you’re looking for partners in the real estate space or if you’re just starting. Rashmi has owned more than 100 multifamily units worth $8 million and closed many deals on her own.We all know that real estate is a team sport. That’s why it’s interesting how Rashmi has closed such deals alone. Still, she says she’s looking to syndicate and more than willing to provide value for both active and passive investors.  Listen to Rashmi and learn if this is the right time for you to jump into real estate![00:01 - 03:34] Opening SegmentLet’s get to know Rashmi NigamActive operatorPassive investor[03:35 - 13:34] How a 1031 Exchange Work How Rashmi makes money even when she sleepsShe didn’t jump from tech to real estateShe’s in both spaces at the same time! Rashmi breaks down how 1031 exchanges work [13:35 - 23:30] Women in Real Estate Rashmi walks us through her first deal Are tech and real estate similar?Rashmi weighs in Hear her thoughts about women in real estate [23:31 - 30:42] Closing SegmentShould you invest passively? Connect with RashmiLinks belowFinal words from Rashmi and meTweetable Quotes: “At the end of the day, people like to work with people they like.” - Rashmi Nigam“My goal is Partnership.” - Rashmi Nigam------------------------------------------------------------------------------------------Follow Rashmi on LinkedIn or check out their company online to learn more about their work. Guest email: rashmi.nigam@gmail.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Here’s a familiar quote that was highlighted by our guest’s story for today: "When one door closes, another door opens.” Sharon Lechter left Robert Kiyosaki’s “Rich Dad'' Empire to go her own way, a surprising career move as remarked by her peers given the success of the Rich Dad book series. In taking her own path, she was called by 2 US presidents to advise them on financial literacy and by The Napoleon Hill Foundation to re-energize the teachings of Napoleon Hill.[00:01 - 04:39] Opening SegmentLet’s get to know Sharon LechterPresidential advisor on financial literacyKeynote speakerBestselling author[04:40 - 13:02] When One Door Closes, Another OpensWhat’s Sharon’s favorite word and why?How a brochure turned into a bestselling bookSharon’s questions you should answer for yourself[13:03 - 23:40] What You Do With Your Paycheck The 4 S’s that business should be SuccessfulSustainable ScalableFind out what the last one is!Turn your asset into your employeeWhat does Sharon mean by this?[23:41 - 32:39] Faith and Association The power of association according to SharonHow to build your faith and self-confidence  Connect with Sharon Links below[32:40 - 38:49] Closing SegmentWhat are the income-producing assets you have? Final words from Sharon and meTweetable Quotes: “There’s nothing wrong with being an employee. We need employees here in the world. The issue is not what you do for your paycheck, it’s what you do with your paycheck.” - Sharon LechterResources mentioned:Robert KiyosakiRich Dad Poor DadThe Napoleon Hill FoundationBook: Think and Grow RichSharon’s booksThree Feet From GoldOutwitting the DevilThink and Grow Rich for WomenSuccess and Something GreaterBook: ABCs of Real Estate Investing------------------------------------------------------------------------------------------Connect with Sharon on Twitter, Facebook, Instagram, LinkedIn, and YouTube. Check out her website and join The PLAY BIG Movement!Guest email: info@sharonlechter.com FREE GIFT from Sharon to define your own personal success equation: Start here WATCH OUT for her book, Exit Rich, in June 2021!Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Ahmed Seirafi is a commercial multifamily investor and developer with more than $500 million in real estate--built, developed, and sold. He joins us in this episode to break down real estate development for new investors and drop valuable tips related to passive and active investing. Ahmed also gives an extensive insight about building the right team for you, reminding us that what works for you might not be for others. However, the most important thing to do is just start and learn along the way.  Listen to Ahmed and learn more about real estate development![00:01 - 04:06] Opening SegmentLet’s get to know Ahmed SeirafiCommercial multifamily investorReal estate developer [04:07 - 14:30] Real Estate Development  Ahmed breaks down his very first dealListen to his approach in overcoming challenges Whether you’re passive or active, don’t miss Ahmed’s advice here! [14:31 - 24:41] Scaling in Real Estate  How Ahmed scaled his real estate career You won’t go anywhere in real estate without this The most successful people in real estate are not alone[24:42 - 34:21] Real Estate Is Not Rocket Science But...What’s next for Ahmed? Planning to invest in real estate?Here’s Ahmed’s advice for youIs there “fast cash” in real estate? [34:22 - 42:04] Closing SegmentConnect with AhmedLinks belowFinal words from Ahmed and meTweetable Quotes: “[Real estate] is all about creating that team that has the same focus as you.” - Ahmed Seirafi“Do the work, check off the boxes, make sure you go through the phases, and ask questions.” - Ahmed Seirafi------------------------------------------------------------------------------------------Connect with Ahmed on LinkedIn and Instagram or check out Andalusia Development Company to learn more about their work! Visit Ahmed’s Clubhouse: ahmedseirafi Guest email: ahmedseirafi@gmail.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
Anthony Gaona and Daniel Martinez are land experts who founded The Hivemind CRM, a platform that automates your real estate business. In this episode, Anthony and Daniel break down the services offered by Hivemind and how you can apply them in finding off-market properties. We also discuss, among other things, the 3 pinnacles of real estate. One is time. Can you guess the other two? Listen to Anthony and Daniel and learn how to find off-market properties creatively![00:01 - 04:44] Opening SegmentLet’s get to know Anthony GaonaWho is Daniel Martinez? [04:45 - 14:00] Marketing in Real EstateHow Anthony leverages his marketing background to real estateFrom truck driver to real estate investorDaniel’s story Artificial Intelligence in real estate?Listen to Anthony and Daniel [14:01 - 28:50] Finding Off-Market Properties Creative ideas to find off-market propertiesConsistency is the key in off-market dealsDaniels explainsShould you get Hivemind’s services? Listen to Anthony [28:51 - 37:44] Pinnacles of Real Estate The 3 pinnacles of real estate You don’t need all 3Connect with Anthony and DanielLinks below[37:45 - 44:43] Closing SegmentThe path to progress Final words from usTweetable Quotes: “[The Hivemind] just allows you to be a more effective real estate investor.” - Anthony Gaona“The lifeblood of a business is marketing.” - Daniel MartinezResources Mentioned:Cutco------------------------------------------------------------------------------------------Connect with Anthony on LinkedIn and Facebook. Get in touch with Daniel on LinkedIn. Check out Hivemind and their Facebook, Twitter, Instagram, and YouTube pages!Guest emails: agaona81@gmail.com & skyfallinvestmentsllc@gmail.com Join The Hivemind CRM’s online community on Facebook!Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
We all have limiting beliefs that keep us from discovering new paths in life. While they are normal, they should not stay long. The first step to clearing limiting beliefs is recognizing that we have them in the first place. Do you know what to do next? Leka Devatha, President of Rehabit Homes, Inc., joins us in this episode to talk about her long path to real estate, which started when she set foot in the United States 14 years ago, and the steps we need to take to succeed in real estate. Listen to Leka and clear our limiting beliefs![00:01 - 05:50] Opening SegmentLet’s get to know Leka DevathaHer path from India to the United States [05:51 - 15:20] Scaling in Real Estate Learn from Leka’s jump from single-family to multifamily Listen to Leka’s key steps that helped her scale in real estateWhat happens if you pay your people well? Invest passively with Leka!Listen to her tips[15:21 - 25:32] Clearing Limiting Beliefs How to overcome limiting beliefs according to Leka Build your network with these tips from LekaWhat will you do if everything that can go wrong...goes wrong?  [25:33 - 32:09] Having Fun Learning Real Estate Look for the successes and failures of a personWhat markets is Leka looking for?Learning is what Leka enjoysShe tells us why[32:10 - 40:05] Closing SegmentConnect with LekaLinks belowFinal words from Leka and meTweetable Quotes: “You have to give everything you’ve got, especially in [real estate].” - Leka Devatha“Once you’ve done [real estate] long enough, you just understand with confidence that ‘it’s okay. This too shall pass.’” - Leka DevathaResources Mentioned:Ken McElroyBook: Rich Dad Poor Dad Sean Katona - 75+ Deals from Renovation to New Builds; Extra Comma & More ZerosBook: The ABCs of Real Estate InvestingRackspaceBook: The Only Woman in the RoomAnna Kelley - 2,000+ Multifamily Units, $80-M Portfolio; Financial Literacy------------------------------------------------------------------------------------------Connect with Leka on LinkedIn and Instagram or check out Rehabit Homes, Inc. to learn more about her work. Guest email: leka@rehabithomes.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
What will you do if you find out that your dream property is in a flood zone? Does this mean your property is not in a safe location? Don’t make assumptions this quick. You’re probably staring at a treasure trove that can boost your Net Operating Income. Consult someone like DJ McClure from the National Flood Experts to understand flood zones better and why they can be relevant in the commercial real estate space.  Listen to DJ and uncover hidden opportunities for properties in the flood zones![00:01 - 04:48] Opening SegmentLet’s get to know DJ McClure Role of engineers in flood zones [04:49 - 13:28] The Flood Market Learn from DJ the services of National Flood ExpertsYou will be surprised by these observations by DJ!Buying a property in a flood zone?Listen to DJ’s advice [13:29 - 22:53] Flood Zone Experts in Multifamily What does DJ mean by “moving the flood zone?”Why you should need flood zone experts in multifamily How to leverage the services of flood zone experts and insurance companies[22:54 - 31:09] Closing SegmentHow to increase your NOI by considering the flood zones Connect with DJLinks belowFinal words from DJ and meTweetable Quotes: “Anything that’s coming up in the property, you’re gonna do potentially a [refinance] this year or maybe you’re thinking about selling it down the road, let’s take a look at this sooner than later.” -DJ McClure “There’s a lot of hidden value in flood zones.” -DJ McClure ------------------------------------------------------------------------------------------Connect with DJ on LinkedIn or check out National Flood Experts to learn from the no. 1 flood zone problem solver in the country! Guest email: dj@nationalfloodexperts.com Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> abel@5tcre.comSupport the show (https://www.buymeacoffee.com/5Talents)
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