The Untold Stories of Real Estate Investing

In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Mike Mannino II. Over the past 9 years, Mike has built a business that bought, fixed, and flipped over 80 homes and owns 60+ rentals by the age of 30. He has created multiple companies that generate over $1M per year in revenue.  He’s the founder of Real Estate Wealth Builders at REWBuilders.com, an educational company that helps real estate investors quickly scale their real estate business.     Topics on Today’s Episode:    Introduction to guest Mike Mannino II and his journey in real estate investing. Discussion of the critical importance of mindset.  Mike's early success, buying a house at 19 to renovate and house hack. He sold the house at 21 and chose to reinvest the equity in fix and flip homes.  Wayne relates discipline and going against the grain to invest in the future, during his time the Marine Corps.

In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Tom Dunkle about the secrets of self-storage investing. After building a business in the distressed mortgage market, Tom and his partner sought an opportunity with increased stability and growth. Investing in distressed self-storage facilities has provided an amazing opportunity.  Tom Dunkel is the Chief Investment Officer of Belrose Storage Group LLC and brings over 27 years of real estate, finance and investment experience to the table. Working alongside his world-class team of professionals, Tom makes it his mission to find great investment opportunities for his clients while helping them meet their wealth-building goals.  Tom manages the firm’s financial underwriting, playing a critical role in creating win-win deal structures that ensure achievable investor returns. In addition, he works closely with private investors to communicate about new acquisitions and investing opportunities, as well as report on the progress of current investments.    Topics on Today’s Episode:   Introduction to Tom Dunkel and his background in real estate investment.  The focus of Bellrose Storage Group is on acquiring underperforming self-storage facilities.  Overview of the self-storage industry and its stability over the years.  Discussing remote management and contracted call centers for self-storage facilities.  Factors that contribute to the demand for self-storage, including both good and bad times. Home sales can drive traffic for retail self-storage, so during this time of low residential turnover, Tom is shifting focus to more stable commercial clients.  Utilizing social media advertising, such as Facebook geo ads, to target specific demographics.  Value-add opportunities in self-storage investing, including renovations, security upgrades, and management efficiency. 

In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III chats with the legendary Joel Friedland. Joel is a seasoned industrial real estate professional with an impressive track record spanning over 40 years. Joel takes us on a journey through his vast experience in the Chicago area, where he has visited a staggering 15,000 out of 16,000 buildings. Throughout the conversation, we delve into Joel's unique investment approach, his strategies for mitigating risk, and his insights on the current real estate market.  With over four decades of experience in industrial real estate, Joel leverages extensive brokerage expertise to lead conservative yet profitable syndications. After co-founding and growing Epic/Savage Realty Partners, a 60+ professional firm to successful exit, he founded Brit Properties. Joel has brokered over $250 million in transactions through valued long-term relationships.   Joel’s syndication approach uniquely utilizes 0% debt for principal conservation while targeting 8%+ cash returns. Having navigated the Great Recession, he employs a cautious strategy informed by cycles. For his investors, Joel delivers reliable cashflow, upside potential, and mitigated risk through dedication to the asset class and prudent deal structuring. His investments draw on a proven track record of 2,000+ industrial leases and sales totaling hundreds of millions acquired. Joel continually refined his real estate acumen over decades to create wealth for partners.  Joel attended the University of Michigan. He enjoys playing golf and spending time with his family, particularly his 3 young grandchildren.    Topics on Today’s Episode:  Introducing Joel Friedland, an experienced Real Estate investor with extensive experience in Chicago.  Friedland's focus is on mitigating drastic loss for investors through diligent and debt-free operations.  He offers insights into his investment preferences, such as smaller, older manufacturing buildings over large warehouse buildings. Defining your niche helps focus your efforts.  Friedland shares an example of a lucrative investment in downtown Chicago.  He discusses his unique approach to finding an 8% return on investment.

In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Susan Geist who shares her expertise and tips for investors. She details how to put money back into investor’s pockets using the tax bucket approach. As someone who has achieved incredible success in building a portfolio generating five figures in passive income, Susan has invaluable insights into using strategic investment deductions to optimize your taxes and maximize your wealth.  A few years ago, Susan was taken aback by a huge federal tax bill. In response, she developed a 'tax bucket' strategy to map out her future tax planning. This approach enabled her to effortlessly visualize her income and tax obligations, ultimately revealing remarkable opportunities for substantial tax savings. Today, she consistently saves over $100,000 annually on her taxes. In this presentation, we will delve into Susan's tax-saving secrets. We'll learn how to categorize income into the IRS's three distinct buckets and discover deductions tailor-made for each bucket. Prepare to unlock the potential for substantial tax savings that put money back into your own pockets!    Topics on Today’s Episode:  Overview of the importance of tax planning and optimization in real estate investing.  Explanation of the tax bucket formula and its divisions (active, portfolio, passive).  Discussion of a client example named Meredith, who has income from a W-2 job and stocks.  Discussion of tax-advantaged accounts and real estate as tax-saving strategies.  Explanation of how short-term rentals can be classified as active businesses for tax write-offs.  Case study of a client generating a $120,000 loss in the first year through depreciation and expenses.  Importance of tax-savvy savings and the long-term impact of saving on taxes.  Example of using a backdoor Roth IRA to add to the active bucket and reduce taxes.  Benefit of being in the 0% tax rate for dividends and long-term capital gains.

In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Dr. Rob Scranton. Dr. Rob is an expert in the field of infinite banking, a concept that revolutionizes the way we think about insurance policies and real estate investing.  Dr. Rob Scranton uses accounting and finance expertise to teach the Infinite Banking Concept, or IBC, for wealth growth. He shows how to leverage debt and expenses with this little-known strategy instead of traditional scrimping and saving.  Infinite Banking predates the IRS so wealth accumulated through it is protected from government seizure. Dr. Rob has achieved financial success with this method without compromising lifestyle or going frugal. It's about staying wealthy by preserving and growing your money. The wealthy use this 200-year-old strategy to keep more money rather than working more or taking on more risk.  Dr. Rob is passionate about sharing these strategies from family traditions, like how private banking saved his great grandparents' farm in the Great Depression as public banks failed. He explains why personal banking is critical now. If you want true wealth, learn the Infinite Banking Concept - Dr. Rob can help.    Topics on Today’s Episode:  The benefits of using overfunded, cash-heavy whole life insurance policies that pay dividends through mutual companies, for loans, cash growth, accumulation, and compounding.  The importance of structuring insurance policies properly for the infinite banking concept.  The mistake of going to just any insurance agent without considering their knowledge of structuring policies for IBC.  The advantage is for the client rather than the agent in setting up policies properly for the banking concept, so be aware of what you need and read the policies.  The benefits of the death benefit attached to these policies and how it continues to grow when policies are set up properly for banking purposes.  An example of a long-standing policy showcasing significant returns on investment.  The concept of getting a return of premium in addition to the upside of

In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III talks to Tom Zeeb about using his proven techniques to find profitable real estate wholesale deals. Tom shares his strategies for finding and negotiating real estate deals for any exit strategy.   Back in 2001, Tom was broke as a joke. A near-death experience while whitewater rafting pushed him to find a new way to break free of his 9-to-5 job. His first "deal" almost took him under as well, but real estate investing saved him in the end. Both personally and financially.  Hundreds of deals later, he is happy to share the same negotiation, marketing, and business techniques that set him free, so you can do the same. Simple, structured, and step-by-step techniques that take you from spinning your wheels to making profitable deals.  Investors of all levels struggle with their businesses. Newbies want to get started, but often keep hitting the wall of confusion and spinning their wheels. Intermediate and advanced investors often find that they made a wrong turn and built a business they aren’t actually happy with, but don't know how to fix and re-engineer it.  Tom Zeeb works with real estate investors of all levels to get their business built (or re-built) correctly, so that their personal goals and lifestyle stay at the center of everything they do, giving them more money, time, and freedom to spend as they please.    Topics on Today’s Episode:  Tom’s experience in real estate investing and how it saved them both personally and financially.  span

In today’s episode of the Untold Stories of Real Estate Investing, host Wayne Courreges III talks to Jack Krupey who has truly mastered the art of value-add investing. Jack is a firm believer in the power of strategic investing and the incredible opportunities that exist in the real estate market. He has been able to build wealth, achieve tax deferral, and help countless individuals reach their financial goals through his unique coaching program and investment partnerships.   Jack Krupey is the principal and founder of JKAM Investments. He has been investing in both real estate and distressed debt since 2001. He has built long-term relationships with experienced real estate developers, sponsors, and syndicators over his 20-year career. Jack leveraged the 2008 financial crisis as part of a private equity fund that yielded impressive returns off of distressed and restructured debt. He repositioned properties as well as modified and restructured loans for borrowers.  In 2014, Jack entered into a partnership with a large private equity fund and led the asset management arm of the firm that made over 3 billion dollars in purchases of non-performing and re-performing mortgage debt between 2015 and 2019. An entrepreneur by nature, Jack decided to launch JK Asset Management and the JKAM Diversified RE Fund to focus on alternative assets such as value-add multifamily real estate.   Prior to beginning his real estate investment career, Jack graduated from Rochester Institute of Technology with a bachelor's in information technology. Jack graduated with a dual MBA from Northwestern’s Kellogg School of Management and from Hong Kong University of Science and Technology.    Topics on Today’s Episode:  Jack’s journey from an IT consultant to real estate entrepreneur and financial freedom.   Missed opportunities in the rental market for investors who did not take advantage of recent rent surges.  Jack’s take on value-add strategy of renovating units and raising rents to increase net operating income and the value of the building.  The benefits of real estate investment in terms of generating positive cash flow, tax deferral, and building long-term wealth.  Many reasons to be bullish in today’s market, especially in Houston.

In today’s landmark 50th episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III is excited to learn about international perspectives in real estate investing with Igor Shaltanov. Igor is the founder and managing partner of Avista Fund and is a former professional athlete who transitioned into successful entrepreneurship and real estate investment.     Guided by discipline and a relentless drive for excellence, Igor has founded and managed thriving companies and businesses in Southern California. In 2015, Igor ventured into real estate and established Avista Fund in 2020. This privately held firm focuses on raising capital from investors and investing in income-generating, value-add multifamily properties. Their mission is to provide local as well as international investors with access to US real estate, safeguarding and growing their wealth amidst high inflation rates in their local countries and currencies. They are currently serving as a limited partner to 17 different real estate deals, 3,050+ multifamily units, with a cumulative value of over $483.5MM. They prioritize conservative underwriting and meticulous due diligence, ensuring a prudent approach to investing while delivering value to both investors and residents.     Igor's professional journey exemplifies a relentless pursuit of excellence, supported by his values driven approach to business and investment. Through Avista Fund, he not only empowers investors but also makes a positive impact on the lives of residents and communities    Topics on Today’s Episode:  Introduction to Igor Shaltanov and his perspective on ownership in real estate investing.  Comparison of different cultural perspectives on ownership and property rights.  Encouragement to ask questions about the legal framework and potential risks in real estate investing.  Discussion on the value proposition of converting currency to American dollars.  Analysis of the depreciation of other currencies and the potential long-term value of investing in the US dollar.  Exploration of the fear of losing what has been earned or gained as a

In this episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III invites Jeff Greenberg, the CEO of Synergetic Investment Group, to share his final thoughts on a fruitful real estate journey. Jeff Greenberg goes deep into transitioning from being a GP to focusing on raising funds and working with investors. He also discusses the customizable equity fund offered by SIG, its benefits, and its structure for passive investors.  Jeff Greenberg is the CEO and managing member of Synergetic Investment Group LLC, also known as SIG. With over 12 years of experience managing all aspects of commercial real estate ownership, including acquisitions, operations, value-add implementations, and dispositions, Jeff is a seasoned expert in the field. He's been involved in projects worth nearly $150M, consisting of over 2000 units, including student housing, and short-term rental and market-rate multifamily properties. Through the SIG Wealth Fund, Jeff provides high-net-worth individuals the opportunity to passively invest in commercial real estate. With his extensive experience and network, Jeff uses the best-in-class commercial deal syndicators to help investors discover and invest in high-quality alternative investments.     Topics on Today’s Episode:  Introducing Jeff Greenberg, CEO and managing member of Synergetic Investment Group, LLC (SIG).  Background and experience of Jeff Greenberg, highlighting projects worth nearly $150 million. 

In this episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with William Quinton Hollis about wholesale real estate investing and short-term rentals. Hollis is the principal of 24 Capital Group, a real estate private equity firm based in Connecticut that specializes in helping real estate professionals take back their time and own their futures by investing passively in cash-flowing real estate deals.     Hollis’ passion for real estate began when he was a kid, watching his family’s landlord collect rents. As he got older, he became an expert in creating opportunities and finding deals, and is committed to staying at the forefront of the latest technologies.    Hollis is also dedicated to sharing his knowledge and expertise with others, regularly speaking at real estate conferences across the country.    After growing 24 Capital Group’s asset portfolio to over 80 properties in 2022, Hollis is excited to tackle new opportunities, and to continue making a positive impact on the real estate community.    Topics on Today’s Episode:  Introduction to William Quinton Hollis and his real estate journey, beginning with inspiration from Mr. Carter, their landlord in Queens, NY.  After initially believing that real estate investing was out of reach, he attended a real estate conference and learned about wholesaling. Wholesaling was different from Mr. Carter's approach.   Economies of scale lead to transitioning to larger real estate deals and the importance of partnering with others, which led to starting their firm, 24 Capital Group. Exploring specialized short-term rental companies. Emphasizing the importance of partnering when investing in short-term rentals. Partnering with individuals in different markets who are "boots on the ground." 

In this episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with expert Matt Clark to dive into the details of how real estate investors can save thousands in taxes through cost segregation.   Matt Clark currently lives in Houston, TX, where he was born and raised and attended the University of Houston. His journey into the world of real estate was an exciting pivot from the software realm, where he honed his skills as a value-added seller.  Currently, Matt is part of the dynamic team at Madison SPECS, a company with over 15 years of experience in the field and an impressive track record of completing 10,000 studies nationwide. In his role, Matt specializes in offering Cost Segregation Studies, helping real estate investors unlock hidden value within their properties and optimize their financial returns.  With a passion for property and a commitment to delivering top-notch service, Matt is dedicated to helping clients achieve their real estate investment goals through the power of Cost Segregation.  Topics on Today’s Episode: Cost segregation study timeframe: Typically, the IRS has a seven-year cutoff. Workarounds and special scenarios can extend the timeframe to up to ten years  There are workarounds to potentially extend the timeline up to ten years.   Cost segregation (cost seg) calculated per property, not per investor  Savings pass down to individual investors if the property has multiple investors  Classification of properties. Multifamily properties are typically considered commercial and fall under a 39-year scale.   Residential properties with long-term leases qualify for residential tax breaks  Cost segregations break down each component of the property into different asset classes. This allows depreciation deductions to be taken on shorter time frames for components that qualify. Therefore, this accelerates the rate at which depreciation deductions can reduce taxes on the property's income. The depreciable basis is the property value minus the land value (around 15% in Texas)  Quicker tax savings are available by accelerating depreciation deductions  Bonus depreciation and carry-forward deduction: Upfront deduction of all five-year and fifteen-year assets. Rates are currently at 80% and phasing out in 20% increments. Deductions carry forward indefinitely  Eligibility and benefits of cost segregation: Anyone who invests in real estate and plans to hold the asset for more than a couple of years is eligible  Active investor status for real estate professionals with 750 hours of service in real estate activities.  Maximize tax savings with cost segregation: To meet this goal, it is important to add every little piece of the property for larger lump sum savings.  Cost segregation typically worth it for most investment properties  Depreciation schedules and savings: Multifamily properties are commercial, and residential properties can still save a significant amount  Investors will save on a 39-year schedule  Bonus depreciation phase-out and potential return. Last year was 100% bonus segregation, this year it's 80% and phasing out by 20% each year, but there is speculation on bonus depreciation potentially returning due to upcoming elections  In-person versus virtual property study: Depends on type of property and availability of online information. However, larger properties may require in-person study, while residential properties can be done virtually if extensive online information is available.    h

In this episode, we have an insightful conversation with our managing principal, Wayne Courreges III, as he dives into the fascinating world of real estate investment. Wayne takes us through some of the most important aspects of underwriting and vetting deals from a passive investor’s perspective. He also discusses the role multifamily investors should play behind the scenes of multifamily underwriting.  Wayne leads the investment lifecycle and investor relations for CREI Partners as the lead sponsor and general partner. For more than 15 years Wayne has worked with a Fortune 150 commercial real estate firm leading property management services of 4.5M+ square feet for both institutional and non-instructional clients over his career. Wayne has worked closely with dozens of real estate professionals executing building strategic plans of over $60M and assisted owners through their investment lifecycle. His background in commercial real estate, passion for leading teams, and desire to increase his investor’s and team’s wealth pushed him to start CREI Partners.     Topics on Today’s Episode:  Importance of understanding return rates and conducting sensitivity analyses  Assessing projected interest rate increases and exit cap rates  Emphasizing the importance of trust and relationships with the sponsor

On this episode of The Untold Stories of Real Estate Investing, host Wayne Courreges welcomes guest Zachary Wilson, an IRA specialist from Quest Trust Company. With over 20,000 clients and $2.8 billion in assets under administration, Quest Trust Company is the largest self-directed IRA custodian in Texas.   Zach is originally from New Orleans, Louisiana. He began as a Chemical Engineer at LSU. After a couple of years, he realized that he wanted to take his life in a different direction. This led him to packing everything up and moving to Houston to pursue a degree in Finance at UH.   Even then, the traditional route of a normal Finance major didn’t seem like the right fit. That’s when he found Quest. He started his career at Quest over 4 years ago in Quest’s Internal Auditing team. This meant that he led a team that looked over every investment that came through Quest. He learned in detail how these investments are structured.   After that, he joined the IRA Specialist team which he is currently on. This allowed him to get a different perspective. Now not only does he know how most investments are structured at Quest, but he also now gets to take a deep dive into the networking and business development that make these deals possible. Quest has had a profound impact on his life and the way he views his own personal investments for the future.     Topics Covered on Today’s Episode:  Zach Wilson is an IRA specialist from Quest Trust Company. Quest Trust is the largest self-directed IRA custodian in Texas with over 20,000 clients and $2.8 billion in assets.  Importance of knowing and understanding retirement accounts. 

In this episode of “The Untold Stories of Real Estate Investing” host Wayne Courreges III interviews Courtney Bhenderu about her experience in real estate asset management and investing. They discuss the current state of the market, investment opportunities, and the importance of making the numbers work. Additionally, Courtney shares her thoughts on entrepreneurship, parenting, and creating educational opportunities for children. This episode is a must-listen for anyone interested in real estate investing, syndication deals, or growing their wealth passively. Tune in now on your favorite podcast platform and let us know your thoughts in the comments! Courtney Bhenderu is a passionate learner who has been involved in the creation of newsletters, blogs, and social media posts for over a year now. Her craving for knowledge and inspiration has led her to delve into the world of passive investing and real estate syndication, which has recently seen a surge in popularity. As she continues to create content for others to learn from, she is also excited to get to know her audience on a more personal level. Her journey toward a more fulfilling career in finance has just begun, and she can’t wait to see where it takes her. Coming from 10 years serving on teams managing assets along the skyline of Houston’s Central Business District and Galleria submarkets, Courtney has deep knowledge and experience in every aspect of high-end commercial property management—from building countless Fortune 500 tenant relationships to helping manage multi-million dollar high-rise renovations. She firmly believes in the foundational principles of good old-fashioned service, transparency and teamwork—values that mesh perfectly with the pillars of CREI Partners.   TOPICS ON TODAY’S EPISODE: Teaching kids about money and investing to ensure future prosperity. Raising confident daughters with traditional values. Kids create business plans and launch lemonade stand to learn entrepreneurial skills. Flexibility in investment approach for profitability. CREI Partners launching investment into luxury storage for RVs, boats, and businesses. Prioritizing investment goals for syndication projects. Invest for long-term gains, not dividends. We are hands-on asset managers and prefer fewer, well managed, deals per year. Commercial investment advice and helpful resources available. Excellent property manager perseveres amidst turnover. Investing is better than saving money to offset inflation. As an investor, you have to know, like, and trust the deal sponsor, but avoid overthinking. We are always available for a chat or lunch to get to know if our goals align. LINKS AND RESOURCES: COURTNEY BHENDERU https://www.linkedin.com/in/courtneybhenderu/ https://www.creipartners.com/invest-with-us/ CREI PARTNERS LLC https://www.creipartners.com/ https://www.creipartners.com/podcasts/ https://www.creipartners.com/ebook/ https://www.youtube.com/@creipartnershttps://www.linkedin.com/company/creipartners/

In this episode of The Untold Stories of Real Estate Investing, Wayne Courreges III talks to Sandhya Seshadri, who has invested as a limited partner, key principal and general partner in over 3000 doors, holding 200 million in assets throughout the United States. She's been a leader in the equities markets for over 30 years and moved to commercial real estate due to the tax advantages and the ability to uniquely force appreciate each asset become her mission to help others capitalize on all the benefits of real estate investing. Sonya is based in Dallas. She focuses exclusively on the Dallas area. She will discuss how passive investors can save a deal and avoid potential train wrecks in the current environment, where rising interest rates, insurance costs, and property taxes are creating challenges. The conversation covers topics such as stress testing deals, communication and transparency, private placement memorandum, and evaluating distressed real estate opportunities. Seshadri shares her experiences dealing with a train wreck deal and offers advice on how limited partners can communicate concerns and take actions early to avoid potential pitfalls.   Topics on Today's Episode: Guest introduction: Sandhya Seshadri, an experienced real estate investor.  Discussion on the challenges faced by real estate investors due to rising interest rates and lack of rate caps.  Importance of stress testing deals and evaluating property management practices.  Analysis of failed real estate deals in Houston due to poor underwriting and troubled locations.

In this episode, Wayne talks to Senate Eskridge, who is an expert real estate investor who currently owns a managed portfolio of single and multifamily homes. He owns or manages over 500 units across the country. Senate has over 10 years of experience in real estate investing, and more than 20 years of experience in business development, management, and sales.  Senate Eskridge is a multifamily coach that teaches students how to purchase multi-family properties. On this episode, he shares valuable insights and experiences. Listeners will learn about the advantages and risks involved in passive investing and multifamily vs single-family investing. The speaker discusses key questions to ask when considering a deal and warns against working with people who may not know what they're talking about. They share their journey from accidentally becoming a landlord, to becoming a coach and investor with 595 multifamily units. Listeners will also gain knowledge about diversification, valuations, mentorship, and a lot more that goes into investing in real estate.    Topics on Today’s Episode:  The speaker has been an entrepreneur most of his life, starting with selling things in school. He got into real estate by renting out a house he couldn't sell. He then discovered the BRRR strategy that involves buying, repairing, renting, and refinancing. He eventually moved into flipping houses and commercial multifamily apartment buildings. He sought mentorship and became a coach for investors in multifamily. Currently, he owns 595 multifamily units across twelve transactions.  Start with multifamily if that's your end goal, but starting smaller is okay. Single family isn't a necessary step. 

In this episode, Wayne talks to Rob Beardsley. Rob oversees acquisitions and capital markets for Lone Star Capital and has acquired over $350M of multifamily properties. He has evaluated thousands of opportunities using proprietary underwriting models and sold over 10,000 copies of his book, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors.    Rob’s areas of expertise include:  Multifamily Underwriting: Basic overview, key metrics, sensitivity analyses, stress tests, comparables, cap rates  Partnership Structures: How to structure deals with investors, waterfalls, preferred equity, matching your strategy Raising Capital: How to partner with institutional investors, how to form joint ventures and co-GPs  Financing: Overview of debt options for multifamily, matching debt product to investment strategy, loan term nuance   Topics on Today’s Episode:  Rob got an early start in real estate through his parent’s brokage firm that focused primarily on construction and fix and flips. This led Rob to dive into multifamily as the best way to accumulate wealth and assets.   At 20 years old Rob, alongside his partner Kent Piotrkowski, started Loan Star Capital about 7 years ago. In that span of time, the firm has acquired close to $400M worth of multifamily properties.  

In this episode, Wayne talks to Virginia “Ginny” Bolling. Ginny has been in real estate for over 35 years working as a consultant expert in real estate acquisitions in the governmental arena.  She has extensive knowledge and ability to understand and work through land title, land use, zoning, valuation, contracting, litigation, permitting, and environmental issues, as well as closing complex transactions. She has:  Acquired or supervised the acquisition of over 600 properties  Earned the designation of Senior, Right of Way Associate (SR/WA)  Bought first foreclosure property in 1987  Real estate broker over 30 years  Residential (2-yr) and commercial real estate appraiser over six (6) years 

In this episode, the managing principal of CREI Partners, Wayne Courreges III, explains how passive investors should vet real estate Investing deals. Wayne leads the investment lifecycle and investor relations for CREI Partners as the lead sponsor and general partner. For more than 15 years Wayne has worked with a Fortune 150 commercial real estate firm leading property management services of 4.5M+ square feet for both institutional and non-instructional clients over his career. Wayne has worked closely with dozens of real estate professionals executing building strategic plans of over $60M and assisted owners through their investment lifecycle. His background in commercial real estate, passion for leading teams, and desire to increase his investor’s and team’s wealth pushed him to start CREI Partners.  Today, Wayne delves deep into the following topics to help passive investors analyze real estate investment opportunities including:  What Is Passive Investing?  Determine Your Risk Tolerance and Investment Goals   Assessing the Sponsorship Team    Assessing the Financial Returns  

In this episode, Wayne talks to Susan Geist, PMP, who grew up in a lower-class family in rural Appalachia and began investing in real estate in 2008. Eventually, she achieved a portfolio that now generates over 5-figures in passive income each month. Using strategic investment deductions, she reduced her annual federal tax bill from $137k to $6k while increasing her W-2 and investment income. Her current multi-million-dollar real estate portfolio consists of both long- and short-term rentals, in addition to limited partnerships in apartments, car washes, self-storage, hotels, and mobile home parks nationwide.   Through her company Rising Femme Wealth, LLC, Susan provides financial education workshops and investment coaching to empower other women with the strategies and confidence to grow their wealth, reduce their tax bills, and achieve financial independence.     Topics on Today’s Episode: Susan introduces herself and provides a disclaimer. Susan is not a lawyer, CPA, or certified financial advisor, and does not offer legal or tax advice. The information she shares is only for educational purposes, and everyone should do their own due diligence.  How Susan went from a humble beginning in rural Appalachia to building a current portfolio that generates over 5 figures monthly passive income. She found inspiration to grow wealth and promote financial independence, through her mother’s experience. Susan also provides some details about her personal portfolio.  What is tax optimization and why you should do it? The 2 biggest wealth killers are taxes and inflation.  Tax laws were fundamentally put in place to shape the economy; tax shelters were put in place to promote housing and job creation. The government rewards investment into these sectors and not utilizing the tax deductions legally available to you is stealing from yourself and your family.  Most CPAs are not trained in real estate investment so they can only offer limited advice, it is up to each individual investor to become educated in real estate specific tax shelters. Knowledge is power over your personal tax situation.