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Taking Action with Multifamily
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Taking Action with Multifamily

Author: Amir Nassar

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The purpose of “Taking Action with Multifamily” is to provide the fundamentals of investing in real estate with a focus on apartment buildings to aspiring investors. We will cover topics that cover essential points for both active and passive investors.
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Ryan Daigle lives in the Raleigh-Durham area of North Carolina and is a twenty-year veteran of the software industry. His last role was as CTO of a Durham-based fintech startup, which he saw grow from 3 employees to 80 during his 6 years there. After he grew disenchanted with the returns on his 401K and stock portfolios, he started looking for alternative investment approaches and discovered real estate.After a single burst style residential investment, he quickly turned to multifamily real estate for its economy of scale and long term demographic support. Ryan is now a limited partner in over 700 units and GP owner in 80. Join us in this episode as we talk and learn [00:01 – 03:23] Opening SegmentI welcome our guest, Ryan DaigleI talk about the background of our guestRyan talks about his background and journey in multifamily real estate[03:24 – 08:32] Why Ryan invested in Real EstateRyan talks about why he chose to invest in real estateWhy Ryan shifted from single-family to multifamily[08:33 – 24:22] 0-80 Units in 10 MonthsDon’t overspecialize your process early on3 Things you need to get into real estate and multifamilyTimeMoneyExperienceTaking advantage of your strengths to overcome your weaknessesHow Ryan got his first deal as a General Partner The importance of networking in real estateThe right mindset when participating in networking eventsRyan’s take on the Internal Rate of Return(IRR)[24:23 – 28:32] TIME TO TAKE ACTIONActionable steps/tips listeners can do to help their real estate investing careerFind your gapPlan how to fill those gapsTake that action and find an accountability partnerThe main takeawayConnect with Ryan. See the links below.Final thoughtsTweetable Quotes:“Real is easy, but it doesn’t mean it’s simple.” - Ryan Daigle“My mindset around prosperity, wealth, and retirement changed. Instead of trying to accumulate as much as I could like a little squirrel and getting this big number that I would then just whittle down over the years in retirement. I really wanted to buy assets that would pay me over time, and create that passive income.” - Ryan Daigle “Just because I did something once, doesn’t mean I have to put a system or a process in place. You need to do it a few times before you can actually identify what are the parts of that process that are useful and valuable to systematize.” - Ryan DaigleResources Mentioned:Flywheel EquityConnect with Ryan, visit https://flywheeleq.com/. Follow their Socials on Instagram and FacebookGuest Email: ryan@flywheeleq.com LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Arn Cenedella is the CEO and Founder of Spark Investment Group. With more than four decades of experience, including 35 years as a Realtor navigating unique real estate landscape in Silicon Valley, CA. Arn invested in real estate ranging from single-family homes, fix-and-flips to land subdivisions and condominium conversions to commercial multifamily properties. Through these experiences, he developed a passion for helping others achieve their own financial freedom through investing in multifamily real estate syndications.Join us in this episode as we talk and learn from his decades of experience in real estate[00:01 – 03:56] Opening SegmentI welcome our guest, Arn CenedellaI talk about the background of our guestArn talks about his background and journey in real estate[03:57 – 13:29] Single to multifamily real estateTransition from single-family to multifamilyArn talks about the challenges and hurdles he faced as he shifted to multifamilyThe long term endeavor that is Real estate[13:30 – 19:08] Why Invest in multifamily real estateArn’s reason to invest in multifamily real estateScalability of a multifamily property[19:09 – 24:11] Advice from Four Decades of Real Estate ExperienceArn’s advice to aspiring investorsTry to hit base hits, don’t go for the grand slamDon’t overextend yourselfEducating yourself and Underwriting deals with realistic expenses[24:12 – 29:00] TIME TO TAKE ACTIONActionable steps/tips listeners can do to help their real estate investing careerJoin a local real estate investing networkListen and take notes on podcastsEducate yourself on different marketsThe main takeawayConnect with Arn. See the links below.Final thoughtsTweetable Quotes:“The biggest mistake I’ve made in my life has been when I made decisions on how I wanted things to be, instead of how things actually work. So as an Investor, you look at reality and make decisions based on reality.” - Arn Cenedella“One of the great things about moving into multifamily is the relationships and partnerships you build.” - Arn Cenedella“Real estate is a long term investment endeavor, it’s not a get rich quick scheme.” - Arn Cenedella“For me, slow and steady wins the race. Let time population growth and inflation work for you.” - Arn CenedellaResources Mentioned:MeetupTo learn more, Connect with Arn at arn@investwithspark.com or visit https://investwithspark.com/ Arn’s Contact Number: 650-575-6114LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
For the final episode of our Guide to MF Real Estate, we have Jorge Abreu who’s gonna talk to us about the final piece of the puzzle. Jorge has been investing in real estate full-time for over 14 years. He started in Single-family and small multifamily properties. He’s wholesale over 200+ properties, fixed and flipped over 100+ properties, and developed several new construction projects. For the past 3 years, he has solely focused on large multifamily properties. Join us in this episode as we talk and learn about Acquisition and Due Diligence[00:01 – 06:25] Opening SegmentI welcome our guest, I talk about the background of our guestJorge talks about his background and recent investmentsJorge’s strength when it comes to multifamily[06:26 – 24:50] Acquisition and Due DiligenceJorge’s approach to sourcing dealsBuild your criteriaGet to know the marketBuild relationships with brokersFiltering the deals they want to take onHow they manage expensesUnderwriting dealsJorge talks about Due Diligence[24:51 – 27:49] TIME TO TAKE ACTIONActionable steps/tips listeners can do to help their real estate investing careerBuild out your property criteriaPut more focus on finding deals to fix and improve your criteriaHave a system to deal with the flow and processThe main takeawayConnect with Jorge. See the links below.Final thoughtsTweetable Quotes:“You can waste a lot of time in multifamily. There’s a ton of deals out there, you can just run in circles and drive yourself insane. So first you have to have some type of system--how you’re gonna source deals, how you’re gonna evaluate them, and really focus your energy so you can find deals.” -  Jorge Abreu“We’re pretty efficient, want to make sure we know what we’re buying and turn over all the rocks.” - Jorge Abreu Resources Mentioned:JNT ConstructionsTo learn more, Send Jorge an email at jorge@elevatecig.com or visit https://www.elevatecig.com/ LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
For part 4 of our Guide to MF Real Estate, we have Hunter Thompson, the leading expert about everything you need to know about Raising Capital. Hunter is a full-time real estate investor and founder of Asym Capital, a private equity firm based out of LA, California. Since founding Asym Capital, he has overseen the purchase of more than 90 Million Dollars worth of real estate across a variety of asset classes.Join us in this episode as we talk and learn about Raising Capital[00:01 – 05:02] Opening SegmentI welcome our guest, Hunter ThompsonI talk about the background of our guestHunter talks about his background[05:03 – 12:49] Raising CapitalLessons he learned throughout his journey working for different companiesIdentifying trends in real estate syndicationsHunter talks about the major idea of his book[12:50 – 30:11] Tips to Raise CapitalThe 5 key momentum indicators to help raise capitalSense of urgencySpeed of executionAttention to DetailObsession with growthDesire for expertise about new topicsLead Capture MechanismHunter shares Lessons he learned from his previous failures and shortcomings[30:12 – 34:07] TIME TO TAKE ACTIONHunter shares actionable steps/tips listeners can do to help their real estate investing careerThe main takeawayConnect with Chris and Paul online. See the links below.Final thoughtsTweetable Quotes:“Don’t play small ball because that’s not what this industry is all about.” - Hunter Thompson“When you fail, it provides you with the tools for later successes.” - Hunter Thompson“Everything you do in your business should be designed around replications, scalability, attracting the right clients, standing out, and being yourself.” - Hunter Thompson“If you’re to take the time to build a website, you have to have a compelling lead capture mechanism which provides instant value in exchange for an email address..” - Hunter ThompsonResources Mentioned:Raising Capital for Real Estate by Hunter ThompsonCash Flow Connections Real Estate PodcastThe Go-Giver by Bob Burg111 Questions Passive Investors Should Be AskingRevUpworkMixmaxTo learn more, connect with Hunter on LinkedIn or send him an email at hunter@asymcapital.com. Visit https://asymcapital.com/ LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
For episode 3 of our Guide to MF Real Estate, we have The Founder and CEO of Sterling Rhino Capital Chris Roberts with his Co-Founder and COO Paul Wilcox. Chris has been a full-time entrepreneur and investor since 2007. He owns and operates a multimillion-dollar Sales and Marketing Company among others. Paul gained his business experience working in the commercial construction industry for over 20 years in the NY/NJ market. Joining a 100-year old commercial painting and flooring company at the age of 23, Paul became an expert in estimating and project management.Join us in this episode as we talk and learn about partnerships and why it’s so important[00:01 – 05:59] Opening SegmentI welcome our guests, Chris Roberts and Paul WilcoxI talk about the background of our guestsChris talks about his journey in Real estate on how he found his way to MultifamilyPaul shares his background and how he found himself investing in real estate[06:00 – 23:02] Structuring the Right PartnershipsHow Chris and Paul met and eventually formed a partnershipScalability and Efficiency in partnershipsSpecific roles and responsibilities in the companyThe importance of having a team to support each otherThe crucial team members Chris and Paul look for before going into any marketProperty managerSCC and RE AttorneyCPAContractorsBrokersVirtual AssistantsThe importance of Educating yourselfSurrounding yourself with the right people[23:03 – 33:18] Partnership Advice from The CEO and COO of Sterling Rhino CapitalChris’ advice to people looking for partnershipsPaul’s advice on personal development and growthHaving the right mindsetLast piece of advice from Paul and Chris on partnerships[33:19 – 38:50] TIME TO TAKE ACTIONChris and Paul each give three actionable steps/tips listeners can do to help their real estate investing careerThe main takeawayConnect with Chris and Paul online. See the links below.Final thoughtsTweetable Quotes:“Just forget all the doubt for a second, just get it out of your mind and start thinking about how you’re going to rock this thing. Whatever it is, get out your own way.” - Chris Roberts“If you’re really interested in being in the multi-family syndication space, you do not want to do this alone. There’s way too many moving parts and you need that support from a team.” - Paul Wilcox“Don’t be the smartest person in the room, look for the people that really shine, and partner with those people or get advice or mentorship from those people.” - Paul Wilcox“You have to know yourself before you can add value to the world.” - Chris Roberts Resources Mentioned:BiggerPocketsTo learn more visit their website at https://www.sterlingrhinocapital.com/. Check out their Investor Think Tank on Facebook and visit their YouTube Channel hereLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
For episode 2 of our Guide to MF Real Estate, we have the pleasure of welcoming Annie Dickerson. She is the co-founder and COO at Goodegg Investments. Annie has invested in multifamily real estate since 2008. With over a decade of experience, her current portfolio spans multiple markets around the country and includes both active and passive investments. She specializes in strategic brand initiatives, investor education, and marketing.Join us in this episode as we talk and learn about Branding Yourself[00:01 – 06:34] Opening SegmentI welcome our guest, Annie DickersonAnnie talks about her backgroundHow she got into Multifamily Real EstateTheir first taste of passive incomeHer first venture into syndication and multifamily[06:35 – 20:58] Branding YourselfThe importance of building your brandTips in creating a brandFigure your ideal target investorLook at your brand through the lens of your investorNarrowing down your target audience and investor avatarAnnie talks about the importance of connecting with people with your content[20:59 – 26:21] Virtual Assistants, Email Campaigns, and AutomationAnnie’s thoughts on hiring Virtual AssistantsEmail campaigns and automation[26:22 – 31:59] TIME TO TAKE ACTIONKey things you can do to move ahead on Real Estate or any businessAnnie shares tips to come up with a name for your brandThe main takeawayConnect with Annie online. See the links below.Final thoughtsTweetable Quotes:“These days, passive investing is a great fit for our lifestyle.” - Annie Dickerson“If you’re starting out, and you’re at that point where you want to scale more quickly, then building a brand is a fantastic step in starting to reach outside of your immediate family and friends; network and start to find new possible investor leads.” - Annie Dickerson“I always try to figure out how to do things myself first. So when we hire somebody to do something, I can serve as a resource for them in case they get stuck. I can show them how we do it, and I can know if they are on target or not.” - Annie Dickerson Resources Mentioned:Building a StoryBrand - Donald Miller To learn more visit their website at https://goodegginvestments.com/. Send Annie an email at annie@goodegginvestments.com LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
For the first episode of our Guide to buying Multifamily Real Estate series, we have the pleasure of having Marc Weisi join us. Marc started investing in Real Estate back in 2016, and has since built a small portfolio of single and multifamily assets. He has also participated in several commercial real estate syndications as a limited partner.Join us in this episode as we talk and learn about Marc’s view on Market Selection[00:01 – 05:36] Opening SegmentI welcome our guest, Marc WeisiMarc talks about his backgroundHis investments in different markets over the yearsMarc talks about the philosophy of investing in a familiar market[05:37 – 24:00] Market SelectionThe Maple Capital approach to market selectionTake a look at the PopulationLabor growthDiversity of employmentHousing Supply and DemandSelecting the right market sizeThe importance of specifying your submarket and understanding your neighborhoodTaking a look at population growthRetention of the populationTrend of the population growth compared to the national averageResources for market research and analysisCensus BureauBureau of Labor StatisticsHousing and Urban DevelopmentCoStarGoogle Mind MapsBrokersEconomic Development Authorities[24:01 – 29:19] TIME TO TAKE ACTIONThe main takeawayThree things to help inspire investors to move forward in their investing careersChoose a market that you can become familiar withReach out to brokersTalk to other investors in the marketConnect with Marc online. See the links below.Final thoughtsTweetable Quotes:“When you’re starting out, get down to one market. Whether it’s your home market or a market you’re familiar with. You want to specialize and become an expert in that market. You want to know exactly what things trade for in different submarkets.” - Marc Weisi“Real Estate is not a game for generalists, it’s “specificity gets rewarded”, in this particular industry.” - Marc Weisi Resources Mentioned:Maple Capital Partners Connect with Mark, send him an email at marc@investwithmaple.com or visit their website at https://www.investwithmaple.com/ LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
We had the pleasure of having Yonah Weiss join us again in our episode. Yonah Weiss is a powerhouse with property owners’ tax savings. As a Business Director at Madison SPECS, he has helped clients save tens of millions of dollars on taxes through cost segregation.Join us in this episode as we talk about the importance of LinkedIn and how to optimize your profile.[00:01 – 12:13] The right way to use the Platform I welcome back our guest, Yonah WeissYonah shares his thoughts about LinkedIn as a business and networking platformWhat makes LinkedIn so special as a platform?It’s a more professional platform when it comes to businessYonah talks about the right way to use LinkedIn as a business platformGetting to know people and build relationshipsConsistently creating content and interacting with peopleExpand your network[12:14 – 23:46] Tips on how to utilize LinkedIn OptimallyYonah shares some tips on how to improve your LinkedIn profileYonah talks about the power of LinkedIn on GoogleIt’s important to consistently engage and put out content[23:47 – 29:19] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today to optimize their LinkedIn profile?Create a LinkedIn profileHave an updated headshot and profileDo the 18 sense challenge and consume as many pieces of content as you can every dayConnect with Yonah online. See the links below.Final thoughtsTweetable Quotes:“You’re getting to know people, that’s what it’s all about. You’re not going around just passing out your business cards. It’s building those relationships and I think that’s the most powerful thing about LinkedIn.” - Yonah Weiss“It’s much more valuable when you’re genuinely trying to help other people, you get so much more back, it comes back ten-fold.” - Yonah Weiss Resources Mentioned:Weiss Advice You can connect with Yonah on LinkedIn or visit his website and learn the 10 Ways to Optimize your LinkedIn Profile.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Michael Blank is an entrepreneur, investor, teacher, leading authority in apartment investing in the United States. He is passionate about helping others become financially free in 3 to 5 years by investing in apartment building deals.[00:01 – 06:04] Who is Michael Blank?I introduce and welcome the guest Michael BlankMichael talks about his background and how his journey beganStudied computer science and was a programmer early in his careerDiscovered about passive income after reading Rich Dad Poor Dad[06:05 – 09:13] Everyone is afraid, but what do you do about it?Transitioning from pizza shop to restaurant to real estateMichael shares what hooked him to real estateMichael talks about the moment he started in real estateNo money. No savings. In debt.Face the fear: even people who take action have fear[09:14 – 18:14] Michael’s Real Estate Education PlatformMichael shares why he started a real estate education platformLoved teaching peopleHelp people take action and have clarityEducation allows people to visualize something that they couldn’t visualize before[18:15 – 26:43] The Law of the First DealWhat is the law of the first deal?Michael explains what he means by the law of the first deal.Are you interested in starting with real estate investing? Listen to Michael’s tips to help you pick out your first deal![26:44 – 31:33] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today to move them forward in multifamily investing?Start with ClarityCommitting to the activity not so much on the timelineStick to The Law of ThreeConnect with Michael online. See the links below.Final thoughtsTweetable Quotes:“Everyone is afraid; the question is, what do you do about it? How do you handle fear?” – Michael Blank“Education allows people to visualize something that they couldn’t visualize before and even though they may not know the details or the mechanisms of it. They can start visualizing, and so doing this, they start believing that they too can do that.” – Michael Blank Resources Mentioned:Financial Freedom with Real Estate Investing by Michael BlankApartment Building Investing Podcast by Michael BlankMichael’s Mentoring ProgramBiggerPocketsThe Miracle Morning by Hal ElrodThe Miracle Equation by Hal Elrod You can connect with Michael on https://themichaelblank.com/. Visit his YouTube channel and check out his content.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Vikram Raya is a cardiologist, researcher, business leader, serial entrepreneur, high-level real estate investor, functional medicine specialist, international speaker, high-performance coach, and advisor to highly successful professionals and doctors. A true “RENAISSANCE MAN” of our generation.Vikram Raya founded LIMITLESS MD to help successful high achieving doctors become limitless by unlocking their hidden potential so they can enjoy ultimate freedom and success. He is also the Vitology Institute founder that helps people unlock their human potential, reverses diseases, and accelerates wellness.[00:01 – 05:20] Introducing VikramI introduce and welcome guest Vikram RayaVikram shares his journey to becoming the man he is now todayCan we do more than one thing in life?The renaissance man/woman[05:21 – 16:04] The Renaissance ManVikram talks about how he was able to take on different challenges and be great at anything that he sets his mind to.The Stages of Growth and LearningStage 1: Unconscious IncompetenceStage 2: Conscious IncompetenceStage 3: Conscious CompetenceStage 4: Unconscious Competence[16:05 – 25:38] Become LimitlessWeathering the COVID stormThe pandemic as a wake-up callLearn, Grow, ContributeThe FIVE FREEDOMSTime. Location. Financial. Peace of Mind. Health.Vikram’s ‘Whys?’: Discovering his true purpose after decades[25:39 – 30:51] Time ManagementVikram’s how to manage your time correctly:Figure out what your ideal week looks likeIf it’s not a ‘hell, yes.’ Then it becomes a ‘hell no.’Book recommendations:Eat That Frog by Brian TracyThe One Thing by Gary KellerTime Warrior by Steve Chandler[30:52 – 37:29] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today that would move them forward in multifamily investing?I’m just going to give you one step. Your identity is key. Identify yourself as a multifamily investor.Connect with Vikram online. See the links below.Final thoughts Tweetable Quotes:“I’m just a kid who had an insatiable desire to learn and grow.” – Vikram Raya“If you win your 24 hours. You win your life.” – Vikram Raya“Every master was once a disaster. We have to go through these stumbles and falls and things. But the wisdom I’ve learned is if you get a coach, if you get a mentor, if you get books and courses. If you take on all this kind of expert advice. Then you can shorten that learning curve.” – Vikram Raya Resources Mentioned:LIMITLESS MDVitology InstituteViking Capital InvestmentsRobert Kiyosaki Connect with Vikram at his personal website https://www.vikramraya.com/home.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartme
Tim Diesel is a commercial real estate executive, entrepreneur, and best-selling author. With nearly 20 years of industry experience, he is a frequent speaker at business seminars, sales conferences, corporate training, and various investment events. He has spoken to thousands of people across the country, inspiring and educating those who want to build and grow their business.[00:01 – 08:13] Who is Tim Diesel?I introduce and welcome guest Tim DieselTim shares his story, how it all began.Started with single-family properties (the problem is scalability)Transitioning to multifamilyDiscovering his passion[08:14 – 15:40] Building Your A-TeamBuilding your A-team. What do you need?Tim’s tips for building an A-teamStart with your Top 3BrokerLenderProperty Manager[15:41 – 24:01] The Multifamily IndustryThe overlooked aspects of the multifamily industryWhat are you trying to do?Why are you doing this?Why are you even looking at an apartment building?It’s okay to start small.Are you looking for properties? Tim shares his process on how he finds deals![24:02 – 27:37] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today that would move them forward?Find a brokerFind a propertyMake an offerFinal thoughtsConnect with Tim online. See the links below. Tweetable Quotes:“If you have a great deal, bad management will run it into the ground. But If you have a bad deal, good management will raise it up. So, management is so important. It’s so underrated.” – Tim Diesel“I teach people how to buy properly, correctly, and build your own portfolio. I don’t teach people how to gather sums of money and buy this and do that. That’s fantastic; there’s people doing it. But start small, you don’t need to start so big.” – Tim Diesel Resources Mentioned:Dominate Commercial Real Estate by Tim Diesel Find out more about Tim by visiting the Diesel Commercial Group website. Follow him on his personal website and LinkedIn.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Yonah Weiss is a powerhouse with property owners' tax savings. As a Business Director at Madison SPECS, he has helped clients save tens of millions of dollars on taxes through cost segregation. Yonah has a background in teaching and a passion for real estate and helping others. He is a real estate investor and the host of the Weiss Advice podcast.[00:01 – 09:37] The Cost Segregation KingI introduce and welcome guest, Yonah WeissYonah walks us through the cost segregation worldA way to save money on taxesDifference between depreciation and cost segregationWhat parts of the property are assessed for the cost segregation study?[09:38 – 20:04] Save Money on TaxesCost segregation applies to any propertyThe proportion of tax benefits is dependent on the purchase priceThe higher the purchase price, the higher the tax benefitsTax benefits are higher the sooner you apply cost segregationStill have considerable tax returns for properties you've owned for 5-10 yearsYonah discusses other facts about cost segregation and other tax concerns for real estate ownersBonus depreciationDepreciation recapture tax[20:05 – 25:57] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today that would move them forward in their real estate careers?Go to LinkedIn and connect with Yonah and other people.Go to Yonah's website.See what comes off when you google yourself.Connect with Yonah online! See the links below.Final thoughtsTweetable Quotes:"You are gonna get the best benefit the sooner you do [cost segregation]. As time goes on, you're gonna lose the tax benefit." – Yonah Weiss"Your money is worth a lot more as it is now than it will be 5 years from now. That's for sure." – Yonah WeissResources Mentioned:Weiss AdviceCost Segregation definitionBonus Depreciation definitionDepreciation Recapture Tax definitionGary Vaynerchuck You can connect with Yonah on LinkedIn or visit his website and learn the 10 Ways to Optimize your LinkedIn profile. Visit Madison SPECS website for more information.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
There’s no shame in starting out small. As long as you keep on moving forward and growing, you can achieve your goals. Joining us today is the multifamily syndicator, Anthony Scandariato. Anthony co-founded Red Knight Properties, and he is the host of the Discovering Multifamily podcast.Dive in with us today as we unravel the opportunities that await you in multifamily.[00:01 – 09:59] Opening SegmentI introduce and welcome guest, Anthony ScandariatoAnthony talks a bit about his background and what Red Knight Properties is all aboutShares the story of how he got into real estateFrom office spaces to focusing on multifamilyPositive cashflow hooked him into multifamily[10:00 – 16:44] SyndicationAnthony talks about syndicationsWhat it means to himGives you the ability to acquire larger propertiesWhat does a cap rate mean?[16:45 – 26:46] The MindsetAnthony shares his journey of acquiring almost 30-million dollars of assets under managementThe mindset to achieving your goalsLess is sometimes moreThe importance of transparency[26:47 – 31:11] TIME TO TAKE ACTIONWhat are THREE things or steps that our listeners could do today that would move them forward?Get educated. There’s a lot of available resources you can find.Find mentors to guide you.Connect with Anthony online! See the links below.Final words from meTweetable Quotes:“Starting out small is not such a bad thing.” – Anthony Scandariato.“Grow smartly.” – Anthony Scandariato.“Less is sometimes more. But I think we got it down to where everybody is comfortable.” – Anthony Scandariato.“There’s a time where you don’t want to give out too much information. It’s still good, especially starting out. You want to be able to provide a comfortable level, but once you build that trust, it’s less and less.” – Anthony Scandariato. Resources Mentioned:Tony RobbinsRed Knight Properties websiteAnthony’s podcastBiggerPocketsBest Ever Apartment Syndication Book by Joe Fairless You can connect with Anthony on LinkedIn. Visit their website https://redknightproperties.com/ and grab free resources. Listen to his podcast, Discovering Multifamily. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Today I had the pleasure of speaking with the managing director at Safe Harbor Investments, Frank Greco.Let’s dive right in and listen to why education and action must always work together.[00:01 – 08:52] Opening SegmentI welcome our guest, Frank Greco, to the showFrank shares his background and how his journey beganFrank talks about what prepared him the most in his transition to real estate[08:53 – 19:28] Recession ResistantFrank shares his view on the effect of COVID-19 on the multifamily real estate market[19:29 – 27:10] Education+ActionFrank explains what he means by “Education is fine. Action is final.”[27:11 – 35:10] TIME TO TAKE ACTION SegmentWhat are THREE things or steps that our listeners could do today that would move them forward in investing in multifamily?Get your financial house in orderIt’s important to get to know yourselfFind people going or are already where you want to beBe careful how you spend your days with time managementWhere can our listeners find you or connect with you?See the links belowFinal words from me Tweetable Quotes:“The typical millionaire is a small business owner that just works hard in the business that they love, and they typically own the lands where their business is located.” – Frank Greco“Education is fine. Action is final.” – Frank Greco“It’s always good to learn, it’s always good to read, and it’s always good to, you know, hear what’s going on, but you need to take the action. Without that, you’ll never get there.” – Frank GrecoResources Mentioned:The Millionaire Next Door by Thomas StanleyRich Dad Poor Dad by Robert KiyosakiYou can connect with Frank on LinkedIn, Instagram, and Facebook. Send him an email at frank@safeharborinvestments.com LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Today I had the pleasure of speaking with entrepreneur, podcast host, real estate investor, and founder of Community First Investment Group and The Fortes Company, John Fortes.Let’s dive right into John’s story about how running at your own pace leads you to the same finish line.[00:01 – 06:12] Opening SegmentI welcome our guest, John Fortes, to the showJohn shares the story of how his journey began.[06:13 – 12:04] The ShiftJohn talks about his mindset shift from trading in the stock market to investing in real estate[12:05 – 22:54] The Multifamily Real Estate ProcessLet’s hear from John about his process and strategiesThe importance of having partners[22:55 – 28:46] What is a Joint Venture?Difference between a JV and syndicationThe "Who Cares?" mindset[28:47 – 36:16] TIME TO TAKE ACTION SegmentWhat are THREE things or steps that our listeners could do today that would move them forward in investing in multifamily?Investor confidence and understand the concepts of real estateExplore and prepareNetwork responsesWhere can our listeners find you or connect with you?See links belowFinal words from me Tweetable Quotes:“I’m not gonna let other people define where I go, how I go, or what I need to know. You’re not gonna answer my question; someone else will. I just gotta ask a million people.” – John Fortes You can connect with John on LinkedIn, Instagram, and Twitter. To know more about multifamily investing and opportunities, visit his website johnfortes.com. Listen to his podcast, The Passive Investor Show, for tips and information on how you can earn passively.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Today I had the pleasure of speaking with the host of Investing in the U.S. podcast, best-selling author, and co-founder of Wildhorn Capital, Reed Goossens.[00:01 – 03:37] Who is Reed Goossens?Reed talks about his background.[03:38 – 09:20] The SwitchReed reminisces about his career as a structural engineer and discusses his transition to real estate[09:21 – 20:18] Push the BoundariesReed dives into his real estate journey and shares some advice before you get into syndicationsAlways be self-aware and self-assess your skill sets[20:19 – 27:08] Your Own Personal BrandReed explains why it’s important to build your own brand[27:09 – 29:54] TIME TO TAKE ACTION SegmentWhat are THREE actionable steps that our listeners could do today to move them forward in investing in multifamily?Join networking events and surround yourself with like-minded peopleConnect with Reed online. See the links below.                                                                                                               Tweetable Quotes:“If I can move halfway across the world and give it a crack and give it a go, then the average American can.” – Reed GoossensYou can connect with Reed on https://www.reedgoossens.com/. Grab a copy of his book Investing in the U.S. and 10,000 Miles to the American Dream. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com.Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Today I have the pleasure of speaking with the Co-Founder of CF Capital and host of the Elevate Podcast, Tyler Chesser.Let’s dive in and learn from Tyler as a thought leader how your personal growth and investing in yourself can bring you and your business to higher levels [00:01 – 05:46] Opening SegmentI introduce Tyler Chesser to the showExpert real estate investor, personal growth thought leader, podcast hostTyler talks a bit about himself and his storyGrowth as a person and mindset can grow your business[05:47 – 19:33] Your Personal Growth will Affect Your Business Tyler talks about reaching higher levels in life through learning and self-betterment Following the shiny object is just the first stepTyler talks about how personal development can directly impact your businessRefining your goals, skills, and perspective  Study, learn and apply Be cognizant of your health Tyler talks about fighting against the Herd Mentality Stay humble, you don’t have all the answers Be the one willing to do the hard thingsBe comfortable with being uncomfortable [19:34 – 28:12] Personal Investments Invest in a mentor or coach that you resonate with Invest in your own learning Podcasts, books, etc Invest in perspective/self-awareness with people who think differently from youInvest in your health and what you put in your body You have to be multifaceted You need to be rapidly evolving as a human being to excel in the fast-paced environment of real estate [28:13 – 36:16] Time to Take ACTIONHow to go from absorbing info to taking action? 3-steps to take right nowKnow your unique learning styleWrite down key distinctions and how you can apply itTake action as soon as possible by doing, delegating, delaying, or dumpingFinal words from me Tweetable Quotes:“I realized that the only way I was going to reach that level was going to be to really expand my own capacity, skills, psychology, and health; to be a well-rounded individual and think bigger.” - Tyler Chesser You can connect with Tyler on Twitter, LinkedIn, and Instagram, or email him at tyler@tylerchesser.com. Visit his website https://tylerchesser.com/coaching and listen to  Elevate Podcast to learn more. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Follow me on Instagram @takingactionpod, to get regular updates on content and upcoming episodes. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Today I had the pleasure of speaking with the active real estate syndicator and investor, founder of Yarusi Holdings, and host of The Jason and Pili Project YouTube channel and podcast, Jason Yarusi.[00:01 – 05:34] Opening SegmentJason talks about his background and how his journey began[05:35 – 13:40] Surround Yourself with the Right PeopleJason shares the story of how he got into real estate[13:41 – 18:53] Jason and Pili’s Multifamily FoundationJason talks about why they dived into educating peopleWe talk about the book The Go-Giver[18:54 – 25:08] What is Underwriting?Jason gives advice for first-time investors.Jason talks about underwriting and how he reached such a high-level underwriting skill.[25:09 – 29:40] Higher-Level MindsetFocus on your strength and find people that will fill your weaknesses[29:41 – 32:25] TIME TO TAKE ACTION SegmentWhat are THREE actionable steps that our listeners could do today to move them forward in real estate investing?Keep listening to your podcastWhat do you want?Think about what that first logical step is that will get you into that journeyThink about the next piece of that logical step to push your journey forwardConnect with Jason online. See links below. Tweetable Quotes:“Lots of management is empowering people to be able to do what they do best because if you’re a leader who just assumes that everybody is gonna come to you and you have to do everything and catch everything, you’re gonna stop the flow of success.” – Jason Yarusi You can connect with Jason on Instagram.  Listen to their Podcast, The Jason and Pili Project.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
Welcome to Taking Action with Multifamily! I’m your host Amir Nassar, and I’d like to take you on a journey to get you equipped with all the essentials needed to get started in Multifamily investing. Along the way, I will include interviews with world-class guests from within the field, which will help you gain knowledge and take action. We’re all learning, even myself, so let’s do it together. [00:01 – 01:20] Opening SegmentWelcome to our first episodeI want to share all that I’ve learned with you[01:21 – 06:26] My StoryI talk about who I am and how I got started in investingBegan by learning all I could to stop trading hours for dollarsI immersed myself in Multifamily and it worked for meI get excited about handing out knowledge to other aspiring investorsWhat do you need to get started? Psychology [06:27 – 36:16] Closing Segment Dissecting the industry with future guests - Stay tunedFinal words from me Tweetable Quotes:“You need to hold yourself to high standards. You need to have the proper mindset to go into this…” - Amir Nassar LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.Visit www.nokacapital.com to learn more about investing in multifamily real estate.I’d like to connect with you! Send me an email at Amir@NokaCapital.com. Book Recommendations:Rich Dad Poor DadThink and Grow RichBest Ever Apartment Syndication Book
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