Weiss Advice

Can smart money truly create a cushion against market volatility, and how does mezzanine financing play a role in stabilizing investments during economic downturns?In this episode, Mike Zlotnik, a seasoned expert in commercial real estate and fund management, explores the nuanced strategies of mezzanine financing in the commercial real estate sector. As markets face volatility and shifting investment landscapes, Big Mike shares valuable wisdom on navigating these challenges through strategic financial structuring. Listeners will gain a profound understanding of how sophisticated financing options can provide safety nets and high returns, even in uncertain times.[00:01 - 08:00] The Genesis of a Real Estate MavenMike's migration from technology to real estate investingThe concept of mezzanine financing and its importance in real estateEarly challenges and opportunities in Mike's career transition[08:01 - 16:00] Navigating Through Crises with Mezzanine FinancingDetailed explanation of mezzanine financing structuresHistorical impacts of economic downturns on real estate and strategic responsesThe role of smart money in overcoming these challenges[16:01 - 24:00] Real-Time Market AdaptationsExamples of adapting to market changes and safeguarding investmentThe current state of the market and strategic positioning for potential upswingsThe balance between risk and reward in investment decisions[24:01 - 32:00] The Future of Real Estate InvestingPredictions for the real estate market and the evolving role of mezzanine financingHow investors can identify and leverage opportunities in a fluctuating marketThe importance of due diligence and strategic foresight in investing[32:01 - 41:51] Philosophical Reflections and Tactical InsightsThe philosophical underpinnings of investment strategiesWhat success means in the volatile world of real estatePractical advice for new and seasoned investors navigating the current economic landscapeConnect with Mike:Website: https://tempofunding.com/LinkedIn: https://www.linkedin.com/in/mzlotnik/LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"Experience is what you get when you don’t get what you want." - Mike Zlotnik"The best investing time is when others are running away from the market." - Mike ZlotnikSupport the Show.

How the intricacies of short-term rental investments and lending can dramatically shift your real estate journey? In this episode, Parker Borofsky, an expert in short-term rental investments and lending, shares her journey as a mother, investor, and lender, revealing key insights into the nuances of investment real estate financing and the transformative impact of short-term rentals. From creative financing solutions to managing a portfolio of properties, Parker provides invaluable advice for both new and seasoned investors![00:01 - 07:00] The Opportune Moment for InvestmentIdeal timing for fence-sitters in real estate investmentThe impact of fluctuating interest rates and inflation on real estateStrategies for navigating the current real estate market[07:01 - 13:00] Navigating Short-Term Rental InvestmentsThe growing popularity and nuances of short-term rental investmentsThe role of lending in short-term rental investment strategiesInsights into market trends in short-term rentals[13:01 - 19:00] Creative Financing SolutionsExploring innovative lending options for short-term rentalsThe significance of debt-to-income ratios in loan approvalMisconceptions in financing and how to approach them[19:01 - 25:00] The Entrepreneurial Journey in Real EstateParker's personal journey as an investor and lenderBalancing multiple roles in the real estate sectorThe importance of adaptability and learning in real estate investing[25:01 - 31:00] Future Trends and Closing ThoughtsPredictions for the future of real estate investing and lendingKey advice for upcoming real estate investors and lendersFinal insights and reflections on the current state of the market[31:01 - 39:13]The Final Four: Worst Job, Book, Skill to Learn, & Definition of SuccessWorst job ever was being an administrative for a dating serviceBook that gave a paradigm shift: The Pumpkin Plan by Mike MichalowiczSkill/talent to learn: Public SpeakingSucces is defined as creating more freedom and choicesConnect with ParkerFacebook: https://www.facebook.com/Vtrockett?mibextid=LQQJ4d Calendly: https://calendly.com/parker-robLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"Navigating the lending landscape requires both knowledge and creativity, especially in the nuanced field of short-term rental investments." - Parker BorofSupport the Show.

How can you achieve financial success while on vacation? In this episode of Weiss Advice, we welcome Lauren Aumond, Lauren is a podcast host and real estate investor based in Tampa Bay. She has a Finance degree from the University of Florida and a graduate certificate in financial planning from Boston University. Lauren and her husband reached financial independence at 33 and 30 years old and are in the process of planning the next season of their lives.Tune in to this episode as Lauren provides tips on how to handle communication while away on vacation and to be comfortable with not everything going perfectly all the time![00:01 - 01:26] Opening SegmentWe welcome, Lauren Aumond!Lauren is the host of the podcast, “Adulting Is Easy”[01:27 - 24:19] How Real Estate And Systematization Help Couples Reach Their GoalsThe importance of taking action and learning along the wayBeing frugal with their housing and transportationThe goal is to get the property up and running with CapExSelf-managing 10 short-term rentals and 3 long-term rentalsUsing property management software, dynamic pricing, etc.Handling guest communications herself[29:20 - 32:54] THE FINAL FOURWhat's the worst job that you ever had?She worked as a Front-End Department SupervisorWhat's a book you've read that has given you a paradigm shift?“Predictable Success” by Les McKeownWhat is a skill or talent that you would like to learn?Continue playing golfWhat does success mean to you?Lauren says, “Success means freedom and happiness. “Connect with Lauren Aumond: Website: Real Adulting Is EasyTwitter: @adultingiseasyInstagram: @adultingiseasyrealYouTube: @adultingiseasyLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“Goals are meant to be either met or revisited over time. And that's what has happened with adulting is easy, my regular career, and real estate investing.” – Lauren Aumond“Seeing the big picture and keeping an eye on our goals even when we have setbacks... We keep our eyes on the big picture and we know one year from now, we'll be in a really, really good spot.” – Lauren AumondSupport the Show.

Luke Carl loves rock and roll, but more than anything else, he loves being able to do what makes him happy. That is why he chose to pursue a career where he will become his own boss and make him happy. Searching for that something led him to real estate, and since then, he never turned back.[00:01 – 09:54] Who is Luke Carl?Luke talks about his backgroundHe shares how his real estate career started and how they ended up in short-term rentals[09:55 – 18:42] The AHA! MomentLuke discusses the pivotal moment in his life that made him realize real estate is the way to go, specifically, Short-Term RentalsWhy the Smoky Mountains?[18:43 – 28:26] The Short Term ShopLearn the right way to do short term rentals with the help of The Short Term Shop Group[28:27 – 26:36] Being on RadioHow to be a good Radio host[26:37 – 35:05] THE FINAL FOURWhat's the worst job that you ever had?I worked in a Mexican restaurant for 5 years.What's a book you've read that has given you a paradigm shift?The Paradox of Choice by Barry SchwartzWhat is a skill or talent that you would like to learn?Learn to speak SpanishLearn to swimWhat does success mean to you?Not having to answer to anybody.Being free to do what you want at anytimeConnect with Luke. Links available below. Tweetable Quotes:"Find other things that you get inspired by." – Luke Carl "It's all about doing what you want to do." – Luke CarlResources Mentioned:Rich DadThe Short Term Shop GroupBiggerPockets You can connect with Luke on https://theshorttermshop.com/LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the Show.

Diya Liu is the CEO of Welcome Capital, an STR & Hotel 506(c) Fund, an investment company in short-term rentals and hotels. She started with short-term rental investing but now owns 3 boutique hotels and a dozen STRs across the USA. She was a patent litigation attorney in her previous life and litigated multimillion patent cases.Tune in to this episode as Diya talks about her journey from corporate litigation attorney to successful real estate investor![00:01 - 02:35] Opening SegmentWe welcome, Diya Liu!Diya’s transition from corporate litigation attorney to real estate business[02:36 - 27:16] Stand Out In The Short-Term Rental MarketShort-term rentals offer lifestyle bonuses such as visiting investment locationsThe two programs for short-term rental investing: For beginners and for advanced investorsBenefits of commercial real estate investing over residential propertiesHybrid short-term rental and hotel modelInvesting in mountain towns and coastal town vibesDesigning and marketing property in a unique way to stand out[27:17 - 33:14] THE FINAL FOURWhat's the worst job that you ever had?Being an art teacher to special needs camp counselorWhat's a book you've read that has given you a paradigm shift?“Never Split The Difference” By Christopher Voss & Tahl RazWhat is a skill or talent that you would like to learn?Learning specific forms of danceWhat does success mean to you?Diya Liu says, “The freedom to location and time freedom to do what you want to do and to work on your passions.”Connect with Diya Liu:LinkedIn: Diya LiuInstagram: @diyaliuFacebook: AirbnbProfessionalLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“Everyone is badass on at least one thing... So, understanding your strength and weaknesses and being able to capitalize on those a lot more efficiently is one of my favorite things about, uh, commercial real estate investing.” – Diya Liu“The great thing about hospitality assets is that of course, it offers cash flow and depreciation and all these other great things that people love about real estate, but it also offers a lot of lifestyles.” – Diya LiuSupport the Show.

Sarah Glidewell from The Karwells is an Airbnb investor, designer, and coach who focuses on teaching other hosts how to create properties with longevity. She has been absorbed by Airbnb and short-term rentals since 2018 when she started renting out her apartment to guests on weekends. Since then, she has dabbled in it all, from investing to consulting, arbitraging to designing, and everything in between. Short-term rentals have flipped her life upside down and given her a path to financial freedom, freedom of time, and her personal favorite, creative freedom. Currently, they are working on partnering with more of YOU - and capitalizing on the Midwest market - building a fleet of high-end, design-focused STRs.[00:01 - 01:00] Opening SegmentWe welcome, Sarah Glidewell!She is an interior designer by trade and uses her design skills to create Airbnb properties[01:01 - 23:34] Creating Experiences For Short-Term RentalsStarted a mentorship program to build out a communityPivoted to interior design business for short-term rentals during COVIDInvestors are a hundred percent numbers drivenStrategy from two perspectives: Investor brain and designer brainCreating experiences for people[23:35 - 33:31] THE FINAL FOURWhat's the worst job that you ever had?Working at a grocery storeWhat's a book you've read that has given you a paradigm shift?“How To Become Financially Independent On Airbnb” by Brian PageWhat is a skill or talent that you would like to learn?Sales in generalWhat does success mean to you?Sarah Glidewell says, “It is that freedom of time and freedom of placement.”Connect with Sarah Glidewell:Website: The KarWellsInstagram: @thekarwells LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“If we take care of the guest experience, then the ROI will follow.” – Sarah Glidewell“Me being an interior designer by trade and wanting to find an avenue that kind of fit with my current gifts and talents and Airbnb was that answer.” – Sarah GlidewellSupport the Show.

Alex Sabio is the Co-Founder of Alpha Geek Capital.  He is a Respiratory Therapist in Southern California turned real estate investor.  Over the years, he has invested in luxury short-term rentals and now helps other healthcare professionals invest in real estate.  [00:01 - 05:44] Respiratory Therapist by DayLet’s get to know Alex SabioLike a whirlwind for a year and a halfReal estate for healthcare professionals[05:45 - 23:17] Healthcare Real Estate ProIt’s not all roses!What Alex loves about real estateTime Freedom, Focus, and AirbnbsAlex’s SuperpowerGoals keep completely changing“I don’t want money.”Hands Off and AutomatedAlex’s Real Estate Investing Routine in a weekTechnology versus PeopleFind the Experts! [23:18 - 31:47] THE FINAL FOURWhat's the worst job that you ever had?At the Boston Market in high schoolWhat's a book you've read that has given you a paradigm shift?Can’t Hurt Me by David GogginsWhat is a skill or talent that you would like to learn?The Filipino LanguageWhat does success mean to you?“To have time freedom with my family right now.”Putting actions behind your wordsConnect with Alex. Links available belowTweetable Quotes:“The cash flow is phenomenal. The guest experience, providing someone amazing experience, is phenomenal.” - Alex Sabio“The most important things to me are having time off, spending time with family, and helping others. That is the most important thing.” - Alex Sabio“Just be honest with them, and be nice. People will react when you're nice.” - Alex SabioConnect with Alex through Healthcare Professionals Investing in Real Estate, Facebook, Instagram, and LinkedIn.LEAVE A 5-STAR REVIEW by clicking this link. WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the Show.

Jonathan Pacilio shares his journey from working in the finance industry to becoming a full-time real estate investor. He discusses how he transitioned from long-term rentals to short-term rentals, and how it took just seven high-performing short-term rentals for him to make the transition. He shares how important it is to have a mix of short-term and long-term rental properties in order to make the most money, and how juggling work and family can be a challenge when entering this type of business. He believes that the short-term rental space is undervalued and there is a lot of opportunity available for those who are willing to work hard. [00:01 - 07:14] Opening SegmentWelcoming Jonathan to the showWhat does it take to leave your full-time job?The difference between a long-term and a short-term rental[07:14 - 18:05] How to Succeed in Running a Short Term Rental BusinessThe importance of setting up an automated system in order to run a short-term rental businessShort-term rentals are a growing market, but they remain underutilizedShort-term rentals are a great way to make extra money and provide affordable housing for people in need[18:04 - 24:32] Difference in Advertising Units and the Short-Term DojoUtilizing services such as Rabbu Inc. and STR InsightsJonathan talks about the Short-Term DojoBridging discipline in martial arts to entrepreneurship[24:32 - 34:37] THE FINAL FOURWhat's the worst job that you ever had? What's a book you've read that has given you a paradigm shift?What is a skill or talent that you would like to learn?What does success mean to you?Connect with Jonathan PacilioFacebook: Short Term DojoTwitter: Short Term DojoInstagram: Short Term DojoYouTube: Short Term DojoWebsite: www.JonathanPacilio.comLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“Money is super important…but success, it’s more about financial freedom and time management.” - Jonathan Pacilio“Picking up the right short-term rental is monetarily life-changing from anything; from a single mom to someone who makes high six figures and wants to start creating steps to exit.” - Jonathan PacilioSupport the Show.

Lauren Stewart is a dermatology PA turned real estate investor and backyard homesteader. She’s a builder of relaxation, turning normal cabins into restful retreats for the last 3 years and running a successful short-term rental business where she turned a $100k investment into a $1.6 million dollar business. She discusses that it’s not easy to be successful in real estate, but with the commitment to learn, work hard, and use resources like online forums and books, they’ve been able to grow her business rapidly. [00:01 - 04:31] Opening SegmentLet’s get to know Lauren Stewart!Lauren discusses how she got into real estateShe referenced, “Bigger Pockets Podcast”[04:32 - 21:32] How To Turn A Small Investment In Short Term Rentals Turned Into A Million Dollar BusinessLauren discusses how they bought and renovated short term propertiesShe wanted to replace her professional income with passive incomeIt takes time and discipline to build up savings and assetsShe shares that it’s important to think about your future [21:33 - 29:08] THE FINAL FOURWhat's the worst job that you ever had?When she worked as a summer camp counselorWhat's a book you've read that has given you a paradigm shift?"Die with Zero Regrets" by Bill PerkinsWhat is a skill or talent that you would like to learn?She wants to relearn how to play the guitar and try to reincorporating that into her lifeWhat does success mean to you?Lauren says that, “Success is being in a place in life where you can control your time and you can decide who you want to spend it with and how you want to spend it.”Connect with LaurenInstagram: https://www.instagram.com/realestatechicken/Facebook: https://www.facebook.com/restfulretreats   LEAVE A 5-STAR REVIEW by clicking this link. WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“The ultimate goal for us is can we replace our w two income with passive income through real estate and allow us to have the financial and time freedom. The freedom to control their own.” – Lauren Stewart “Success is being in a place in life where you can control your time and you can decide who you want to spend it with and how you want to spend it, and not having to worry about the ramifications of that.” – Lauren StewartSupport the Show.

What strategies did Tim Grillot implement to achieve success in his short-term and long-term rental businesses? In this episode of Weiss Advice, we welcome Tim Grillot, Tim is the proud owner of six STRs (four in the Smokies and two in Gulf Shores) and eleven LTRs. He began investing in real estate at the age of seventeen. His passion for providing people with quality accommodations for their vacations and wonderful homes to love has led him to make the move away from a lucrative career as an executive to a position as an agent at the short-term shop.Tune in to this episode as Tim Grillot reveals his insight on supply chain logistics, identifying markets with growth potential![00:01 - 02:21] Opening SegmentWe welcome, Tim Grillot!Tim is a real estate investor, short-term rental owner, and real estate agent from the Smokey Mountains of TennesseeHe was in the W2 world for 16 years before transitioning to full-time real estate[02:22 - 25:56] Building An Empire Of Short-Term And Long-Term RentalsHow he bought his first house and became an accidental landlordObsessed with owning a vacation propertyHow he and his wife sold everything and moved into an RV to embrace the simple lifeThe division of labor between him and his wifeBuilding a house hack-type situation in Ten[25:57 - 31:23] THE FINAL FOURWhat's the worst job that you ever had?Worked on a carwash washing semi-trucksWhat's a book you've read that has given you a paradigm shift?“The Go-Giver” By Bob Burg and John David MannWhat is a skill or talent that you would like to learn?Learn how to play an instrumentWhat does success mean to you?Tim Grillot says, “Finding the right balance in your life and finding your purpose.”Connect with Tim Grillot: Facebook: Tim GrillotLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“We're put on this planet to work and serve people and I'm a big believer in that. And, so now it's more about getting fulfillment out to what we do and we really enjoy hosting people and we really enjoy, honestly making a nice place for people to live with our long-term rentals.” – Tim Grillot“People do things in their life that they enjoy all the time and spend money on it and don't worry about it. And for us, we've just kind of turned this real estate investing into something we enjoy.” – Tim GrillotSupport the Show.

Avery Carl is the CEO & Founder of The Short-Term Shop. Avery Carl was named one of Wall Street Journal's Top 100 and Newsweek's Top 500 agents in 2020. She and her team at The Short Term Shop focus exclusively on Vacation Rental and Short Term Rental clients.Avery has sold over $300 million in Short Term/Vacation Rentals since 2017. An investor herself, with a portfolio of over 30 properties, Avery specializes in connecting investors with short-term rentals with the highest ROI potential and then training them to manage their short-term rental from their smartphone from anywhere in the world. [00:01 – 09:46] Short-Term RentalsAvery talks about how they found out about Short-Term RentalsThe Smoky Mountains – why short-term rentals are booming there.What makes short-term rentals more attractive than other types of rentals?[09:47 – 14:23] Third-Party AppsAssociating short-term rentals with third-party apps (Airbnb, Vrbo, etc.)[14:24 – 21:56] Join the Short-Term Rentals SpaceInterested in investing in short-term rentals? Listen to Avery's advice just for you!Emerging markets that you should keep an eye on.Scaling the business – how Avery and her team are keeping their business growing.[21:46 – 27:48] THE FINAL FOURAvery talks about her background.What's the worst job that you ever had?In college, I worked at a gym and practically was a 'personal trainer.'What's a book you've read that has given you a paradigm shift?The Obstacle Is the Way by Ryan HolidayWhat is a skill or talent that you would like to learn?Stand-up paddleboarding.What does success mean to you?The freedom of time.Connect with Avery. Links available below. Tweetable Quotes:"The only reason you're feeling [a certain] way is because you're allowing yourself to feel this way." – Avery CarlYou can connect with Avery on https://theshorttermshop.com/. You can follow The Short Term Shop on Instagram or join their Facebook group.LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the Show.

How does embracing diversification in business and personal life lead to unexpected success and resilience? In this episode, Yonah engages with the multifaceted Linda Lim, whose journey from finance to real estate and beyond illustrates the power of diversification. Lim shares her experiences, from Wall Street trading to developing resorts in Bali and embarking on ventures in logistics and food packaging. Their discussion delves into the significance of risk mitigation, the intricacies of international business, and the impact of personal growth on professional success. Lim exemplifies how diversification isn't just a financial strategy but a life philosophy, driving innovation, stability, and personal fulfillment.[00:01 - 06:13] From Finance to Real EstateLim's transition from finance to real estateThe role of education and early career experiencesThe move from banking to building and developing real estate[06:14 - 12:02] Building a Global PortfolioDeveloping resorts in Bali and diversifying into logisticsThe importance of asset class and geographical diversificationHow the COVID-19 pandemic highlighted the need for adaptable business strategies[12:03 - 18:01] Navigating International WatersExpanding into new markets like Mexico and New MexicoThe blend of real estate development and logistics for business growthInsights into the attainable housing market and its stability[18:01 - 25:24] Bridging Cultures Through FoodLim's journey into the food industry with a focus on Indonesian cuisineThe challenges and triumphs of introducing new food products to the marketThe role of cultural appreciation and personal passion in business[25:25 - 33:53] Personal Insights and Professional WisdomLim's reflections on life, business, and personal growthThe conversation on the essential nature of compassion and continuous learningClosing thoughts on defining success and the path forwardConnect with Linda:Website: essentialelementcapital.comLinkedIn: https://www.linkedin.com/in/lindalim88/Instagram: https://www.instagram.com/essentialelementcapital/LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"In risk mitigation, diversification is the way to go. No one can predict the market." - Linda Lim"If I'm able to create constant positive transformation in my life, that's to me is already a success." - Linda LimSupport the Show.

How can a career pivot during uncertain times, like the COVID-19 pandemic, lead to discovering new passions and successful entrepreneurial ventures in the real estate industry?In this episode, Yonah converses with dynamic duo Matthew Byrnes and Brandon Rickman, who share their journey from different professional backgrounds into forming a robust partnership in the real estate sector. Both guests unravel their paths of career transformation, highlighting the impact of COVID-19 on their professional lives and how it led to the inception of their current real estate and private lending business. They delve into the nuances of private lending, the importance of networking and trust in the industry, and their visions for future business growth.[00:01 - 07:20] Pivoting Paths to PartnershipMatthew's transition from film to real estate during COVID-19Meeting and forming a business relationship with BrandonInitial ventures in wholesale real estate and moving to private lending[07:21 - 14:35] Understanding Private LendingThe concept of private lending and how it differs from institutional and hard money loansThe strategic advantages of private loans in real estate investmentsChallenges and opportunities in the private lending space[14:36 - 21:48] Business Growth and StrategyThe evolution of their lending business and capital raising effortsShifting focus from film industry contacts to broader investment sourcesThe importance of diversification and liquidity in their business model[21:49 - 28:00] Market Insights and Economic ImpactReal estate market trends and the effect of economic changesAdjusting business strategies in response to market dynamicsExpectations for the future of the real estate market[28:01 - 35:19] Looking Ahead: Aspirations and RealitiesLong-term goals for their business and personal developmentThe concept of success and what it means to them personally and professionallyReflections on past experiences and lessons learnedConnect with Brandon and Matthew:Website: www.prolendcapital.comFacebook: https://www.facebook.com/profile.php?id=61550527497995IG: @prolend_capitalLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quote:Support the Show.

What is the one critical factor that can make or break your success as a passive real estate investor? In this episode, Yonah sits down with the multi-talented K Trevor Thompson, a man with a diverse background spanning from working at Ripley's Believe It or Not to opening 46 iFly Indoor Skydiving locations. He shares his journey into real estate investing, emphasizing the importance of the "who" over the "what" when it comes to choosing the right investment opportunities. Trevor discusses the power of diversification, the lessons learned from deals that didn't go as planned, and the importance of setting ambitious goals. [00:01 - 06:08] From Guinness World Records to Real EstateTrevor's diverse career backgroundThe importance of taking action on inspiration, rather than just being inspiredTrevor's transition into real estate investing after reading Rich Dad, Poor Dad[06:09 - 13:55] The Power of Passive InvestingThe importance of the "who" over the "what" when choosing investment opportunitiesDiversifying investments across different asset classes, locations, and risk levelsThe benefits of investing in deals with preferred payments and waterfalls[13:56 - 20:22] The Eighth Wonder of the WorldThe power of compounding investments over timeThe importance of staying in a W2 job while growing wealthThe benefits of having a supportive partner on your real estate journey[20:23 - 26:00] Lessons Learned from Deals Gone WrongThe impact of rapidly increasing interest rates on real estate dealsThe importance of adequate reserves and fixed debt in mitigating riskThe value of experienced and skilled asset management teams[26:01 - 32:27] The Key to Success in Real Estate InvestingThe importance of setting ambitious goalsHow to help people reach financial independence through real estate investingThe value of sharing knowledge and inspiring others to take action in their investment journeyConnect with Trevor:LinkedIn: https://www.linkedin.com/in/ktrevorthompson/Instagram: https://www.instagram.com/kttniagarainvestment/ Facebook: http://www.facebook.com/groups/earnandlearnwithrealestateinvesting/LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quote:"I think the biggest lesson I've learned in life is the who is way more important than the what." - K. Trevor ThompsonSupport the Show.

Can AI revolutionize the real estate industry and help entrepreneurs scale their businesses faster than ever before? In this episode of Weiss Advice, Yonah sits down with Vanessa Alfaro, a seasoned entrepreneur and real estate investor who has founded multiple successful companies. Vanessa shares her passion for leveraging artificial intelligence to optimize business processes and drive growth. She discusses how AI can be a game-changer for entrepreneurs, particularly in the real estate industry, by increasing productivity, analyzing deals faster, and ultimately improving the bottom line.[00:01 - 07:04] From Venezuela to Real Estate and AIVanessa's background in marketing and entrepreneurship in VenezuelaTransitioning to the US and focusing on real estate and AI consultingThe importance of innovation in driving business success[07:05 - 14:28] Leveraging AI for Entrepreneurs and Real Estate InvestorsHow AI can help small operators and entrepreneurs scale their businessesThe potential of AI in optimizing real estate processes and increasing NOIThe importance of applying AI technologies to stay competitive[14:29 - 22:23] AI Applications in Real EstateUsing AI for content creation, personalization, and presentationsImplementing AI in asset management to reduce expenses and increase NOIThe power of collective intelligence between humans and AI[22:24 - 30:47] Accelerating Acquisitions and Analyzing Deals with AIHow AI can help analyze more deals faster and increase the pipelineCreating a ChatGPT-based tool for quick deal analysisThe importance of understanding how to use AI effectively[30:48 - 38:22] The Current Real Estate FocusVanessa's focus on multifamily and diversifying into other commercial assetsThe current market opportunity for buyersThe historical advantage of combining AI with real estate investingConnect with Vanessa:Website: https://www.linkedin.com/in/vanessagalfaro/Instagram: https://www.instagram.com/vanessavenuscapital/ LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"If you leverage your experience with artificial intelligence, that's when you're going to have a win." - Vanessa Alfaro "The problem with AI is that if you don't know how to use it, you cannot see the potential." - Vanessa Alfaro Support the Show.

How does the art of networking shape the future of property management and investment? Today, Yonah navigates into the world of real estate with Alexandra Alvarado and Allen Artcliff-Cronrod from the American Apartment Owners Association (AAOA). Through engaging dialogue, the episode uncovers the invaluable role of networking, education, and community support in navigating the complexities of real estate investment and property management. Listeners will gain insights into the importance of association support for landlords, especially in tenant-friendly states, and the power of educational resources in preventing and resolving property management issues. [00:01 - 08:08] The Keystone of Real Estate SuccessThe importance of a supportive network for property ownersThe role of education in navigating real estate challengesInsight into the American Apartment Owners Association's mission[08:09 - 16:06] The Foundation of Empowered LandlordingAlexandra and Allen share their unique paths in the real estate sectorThe impact of personal and family experiences on their career trajectoriesThe evolution of their roles within the AAOA[16:07 - 24:49] The Heart of Real Estate GrowthCommon issues faced by property owners and available solutionsThe importance of proactive education and resourcesStrategies for dealing with tenant-related challenges[24:50 - 32:05] Navigating the Real Estate LandscapeThe significance of digital platforms in fostering community among landlordsPlans for expanding the AAOA's digital presenceThe role of webinars and live events in enhancing landlord education[32:06 - 40:54] The Future of Real Estate Community and EducationThe evolving landscape of landlord advocacy and legislationInsights into the potential future challenges and opportunities for landlordsThe critical role of the AAOA in representing and supporting property ownersConnect with Alexandra & Allen:Website: https://www.facebook.com/pages/American-Apartment-Owners-Association-AAOA/112471385452699 LinkedIn: https://www.linkedin.com/in/allen-artcliff-cronrod-3386804/YouTube: https://www.youtube.com/@ApartmentOwnersLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quote:"The true mark of success is being able to be the one who is holding that pen to write tomorrow's blank page." - Allen Artcliff-CronrodSupport the Show.

Can the principles of fitness—physical, financial, and faithful—revolutionize not just personal life but also the way we approach entrepreneurship and real estate investing? In this insightful episode, Cale Delaney, a short-term rental investor and podcast host, explores the intersection of entrepreneurship, real estate investment, and personal well-being. From Cale's transition from engineering to real estate, through the trials of the 2008 financial crisis, to discovering a fulfilling path in short-term rentals and launching the "Fit Investor" podcast, this conversation uncovers the profound impact of integrating financial savvy, physical health, and faith into both personal and professional realms. Join us as we navigate Cale's transformative journey, unpacking valuable lessons for aspiring entrepreneurs and seasoned investors alike.[00:01 - 07:51] The Genesis of a Fit InvestorThe importance of adaptability in your career pathHow crises can catalyze a pivot to more fulfilling workThe role of education and self-learning in discovering new investment avenues[07:51 - 14:17] The Philosophy of The Fit InvestorThe necessity of a holistic approach to entrepreneurshipHow faith can underpin and guide professional and personal growthThe power of niche communities in amplifying underrepresented voices in real estate[14:18 - 21:33] Teaching Financial Literacy to the Next GenerationThe critical gap in financial education among youthThe potential of early financial literacy to transform livesThe importance of aligning financial goals with personal values and faith[21:33 - 28:27] Reflections and Future AspirationsSuccess is an evolving concept that grows with usThe fulfillment derived from positively impacting others' livesThe significance of remaining open to new learning and growth opportunitiesConnect with Cale: LinkedIn: https://www.linkedin.com/in/cale-delaney/Facebook: https://www.facebook.com/cale.delaney/Facebook Group: https://www.facebook.com/share/tvT5cqf6rvuJc6Re/?mibextid=K35XfPLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"Search yourself first before you do anything. And if you see that there are some things you need to work on, then work on that before anything else." - Cale Delaney "Money exaggerates your internal character... If you are a greedy person, money will make you more greedy. If you're a generous person money will make you more generous." - Cale DelaneySupport the Show.

How can embracing the digital age fundamentally transform traditional careers and the journey towards entrepreneurship? In this episode of Weiss Advice, Yonah delves into the remarkable journey of Michael Huseby, a visionary real estate investment attorney who leveraged the power of social media to redefine his career and establish his law firm. Through candid conversations, they explore the evolution of Michael's career, from traditional legal practices to pioneering in the digital space, his battle with a life-changing disease, and how these experiences shaped his approach to business, risk, and life itself. This episode is a testament to resilience, innovation, and the transformative potential of embracing change and technology.[00:01 - 05:16] The Digital CatalystMichael's strategic use of Twitter to grow his law practiceThe importance of social media in modern business developmentTransitioning from traditional law firm environments to entrepreneurship[05:17 - 10:32] Navigating Life's CurveballsMichael's personal journey with a progressive eye diseaseThe impact of personal challenges on professional decisionsEmbracing adversity to fuel determination and innovation[10:33 - 15:25] Building Bridges in Real EstateMichael's niche in real estate syndications and investment fundsThe significance of educating clients on complex legal mattersThe role of expertise in fostering client trust and business growth[15:26 - 20:45] Community and ConnectionThe value of in-person meetings fostered through online connectionsReal estate community dynamics on social media platformsBuilding a network of clients, business partners, and friends[20:46 - 29:25] Vision for the FutureStrategic planning in the face of uncertainty due to Michael's vision impairmentThe importance of creating a sustainable and adaptable business modelLeveraging digital platforms for continuous learning and community supportConnect with Michael:Twitter: https://twitter.com/investing_lawLinkedIn: https://www.linkedin.com/in/michael-bjorn-huseby/Instagram: www.instagram.com/commercial_in_nashville/?hl=enYouTube: https://www.youtube.com/@TheInvestmentsLawyerLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"Twitter fundamentally changed my life and the way I do business." - Michael Huseby"Everybody has their thing; it's about how you adapt and overcome." - Michael HusSupport the Show.

How can commercial real estate investors build trust and earn fees as new syndicators? This week, Tyler Cauble, the Founding Principal and President of The Cauble Group, explores the nuances of commercial real estate, the transformative growth of Nashville, and Tyler's innovative approach to development projects that generate financial returns and significantly benefit local communities. From Tyler's initial leap into real estate to his creative redevelopment projects, this conversation sheds light on the importance of adaptability, community focus, and strategic investment in today's dynamic market.[00:01 - 07:41] The Evolution of a Real Estate MavenTyler's transition from college dropout to real estate influencerThe importance of adaptability in the ever-changing real estate marketInsights into Nashville's unique economic resilience[07:42 - 14:25] Mastering the Art of Commercial Real EstateThe significance of mentorship and learning in the fieldStrategies for newcomers to get involved and succeed in commercial real estateUnderstanding the value of experience over immediate financial gain in property deals[14:26 - 20:58] Creative Real Estate Development and ImpactHow unique projects like "The Wash" can transform communitiesThe role of real estate in fostering local businesses and cultureTyler's approach to choosing and executing projects that benefit neighborhoods[20:59 - 27:54] Building Sustainable Communities Through Real EstateThe holistic approach to real estate developmentThe significance of walkable cities for enhancing community lifeTyler's philosophy on success and happiness in the real estate domain[27:55 - 32:39] The Future of Real Estate InnovationThe evolving landscape of commercial real estateTyler's vision for future projects and their potential impactThe importance of continuous learning and adaptation in real estateConnect with Tyler:Website: www.tylercauble.comLinkedIn: www.linkedin.com/in/tylercaubleInstagram: www.instagram.com/commercial_in_nashville/?hl=enLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"I think there's never a bad time to get started in real estate." - Tyler Cauble"Success is being happy and excited to wake up every day and get to do what I do." - Tyler CaubleSupport the Show.

How can real estate investing not only build wealth but also offer significant tax advantages when navigated with expertise? In this enlightening episode, Ashish Acharya, a CPA renowned for his investor-friendly approach and deep expertise in real estate taxation, shares his journey from Nepal to becoming a leading figure in the accounting world, emphasizing the importance of responsiveness, dedication, and strategic tax planning for real estate investors. Through anecdotes and professional insights, listeners are treated to a masterclass on leveraging tax laws to maximize investment returns, the critical role of choosing the right entity, the transformative power of education, and much more.[00:01 - 03:00] The Journey BeginsThe importance of having a clear professional goalThe transition from auditing to a tax-focused careerThe significance of responsiveness in the CPA-client relationship[03:01 - 10:00] Unveiling Tax Strategies for Real EstateDepreciation and cost segregation as powerful tools for tax savingsThe impact of choosing the right entity for investmentThe role of strategic planning in maximizing tax benefits[10:01 - 20:00] Building a Business on Investor NeedsThe decision to cater exclusively to real estate investorsThe challenges and rewards of entrepreneurshipThe critical role of community and responsiveness in business growth[20:01 - 30:00] The Future of Tax Planning and Real Estate InvestingAnticipating the return of 100% bonus depreciation and its implicationsThe importance of software in simplifying tax planning for investorsAshish's vision for leveraging technology to enhance tax advisory services[30:01 - 39:42] Personal Growth and Defining SuccessThe transformative power of spirituality in personal and professional lifeThe importance of meditation and self-reflectionEvolving definitions of success beyond financial achievementsConnect with Ashish:LinkedIn: https://www.linkedin.com/company/investor-friendly-cpa/Instagram:https://www.instagram.com/investor_friendly_cpa/YouTube: https://www.youtube.com/@investorfriendlycpaifc6215LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"Depreciation and cost segregation are the keys to unlocking tax savings for real estate investors." - Ashish Acharya"Success to me has evolved from financial achievements to finding peace and contentment through spirituality and meditation." - Ashish AcharyaSupport the Show.