Rank #1: CP 42: Investing with Aloha with Cory Nemoto
Join Steve Fierros and his co-host, Matt Callihan, as they chat with Cory Nemoto about building cash flow, helping other people, finding fulfillment, swapping stress for gratitude, and so on! Cory is the co-owner and founder of KÉCŌ CAPITAL, a hard money lending company that will not only provide the primary financing on their client’s deals but provide guidance and support as well! In the episode, Cory also talks about dealing with the COVID-19 environment and making tough decisions in this crisis!
Outline of the episode:
· [00:02:10] A background of what Cory does and his current projects.
· [00:04:01] A big part of Cory’s why is his love for helping people and wanting to leave a legacy behind.
· [00:09:25] The four phases of an entrepreneur’s career.
· [00:12:58] Start being proactive rather than reactive. We have to prepare for the worst with the COVID-19.
· [00:18:26] Communication is always key; don’t hesitate to talk about uncomfortable topics.
· [00:20:48] This whole COVID-19 situation has forced a lot of big companies to close.
· [00:25:42] Everyone is facing more battles now; we need to strive to come out of this situation better than ever.
· [00:30:31] How many deals and products do they currently have available?
· [00:37:14] There are still a lot of opportunities out there; you just have to look for them.
· [00:39:26] Building good relationships is the key to this real estate business.
· [00:47:22] Entrepreneurship is about syndication; they bring people together.
· [00:52:57] How the Go-Giver and Rich Dad Poor Dad book changed his life.
· [00:57:21] Cory’s superpower is building relationships and genuinely connecting with people.
· [00:58:49] There is such a thing as growing too fast; it is okay to grow at your own pace.
· [01:00:58] Before you take a leap and burn your ships, make sure that this is the path you want to take.
· Phone: (425) 526 - 3007
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Jan 19 2021
Rank #2: Value, vision, and versatility with Pili Yarusi
Join me and my co-host, Steve Fierros, as we chat with Pili Yarusi about her values, visions, versatility, and how she and her husband have such a great partnership! Pili is the co-founder and operator of Yarusi Holdings LLC with her husband Jason. Yarusi Holdings is a large multifamily investment firm that repositions underperforming properties through operational efficiencies, rebranding, and value-add properties. Aloha, and enjoy the episode now!
Treat Everyone with Aloha!
Aloha is more than just a word that you say when you greet someone or bid farewell. It also means love, respect, kindness, compassion, affection, and so on! With all our problems today, treating everyone with Aloha makes everything better. Regardless if it is in the business industry or not, you need to have more Aloha in your world! Especially since the COVID-19, there have been more sufferings and negativity. Let everything revolve around Aloha and continue building your mindset to have a better approach in life!
It’s all about Communication and Understanding
Communicating is not always easy, but you have to remember that when you avoid matters that need to be addressed, it only makes things worse! Pili and Jason’s partnership is one the greatest examples of why communication is important. They talk about the good, bad, uncomfortable topics, and in short, everything! In order to make any relationships work and last long-term, you need to have that transparency and understanding. Every kind of relationship is built on communication, and most partnerships don’t work because they lack in this aspect. Learn to become comfortable talking about issues and start trusting your partners.
About Pili Yarusi:
Pilialoha Yarusi is an awesome mommy who also happens to know a little about real estate and personal development. She has partnered with her equally awesome husband, Jason, and created Yarusi Holdings LLC, a large multifamily investment firm. Currently, they are general partners in about 800 units with 250 under direct asset management. Her FOCUS is on large multifamily syndication and asset management.
She runs the Investor and Client Relations branches of both Yarusi Holdings and Multifamily Formula. Multifamily Formula is Pili and Jason’s interactive education platform for investors to build a strong FOUNDATION with buying large multifamily.
Pili is also the co-host of the Jason and Pili Project. Her goal is to help one person a day take one step closer to a Fit Rich Life.
She loves to play with her kiddos and husband, run, do yoga, and crossfit. She is currently raving about #75hard, and her ultimate goal is to host a Mastermind in Maui…
She and Jason have three awesome children. Luke, Lily, and Leo, and two English Bulldogs, Jack and Jill.
Pili has her NJ Real Estate License and is a Realtor with EXP Realty.
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Jan 11 2021
Rank #3: Real estate investing for medical professionals with David Iglewicz
Join Steve Fierros and his co-host, Matt Callihan, as we chat with David Iglewicz about why you should invest in real estate now! David is the President of Prostoig Capital, helping and educating Dental and Medical Professionals on multifamily real estate. He has also been a practicing pediatric dentist since 2003 and is a passive investor since 2004. Learn from David who has survived and successfully gone through two major downturns in the market! He has a lot to share in this episode, stay tuned!
Get Excited and Inspired!
When you feel excited and nervous about pursuing something, this gives you more reason to dive into it! When you have that mission, goal, or your why that will serve as your motivation and inspiration, going through tough times will be easier. Start finding yours and take action! There are a lot of people that give up because their purpose is not strong enough to keep them resilient during their struggles. That is why it is also essential that we never stop trying to learn and building a better mindset. Regardless if you have become extremely successful, never forget those people who have helped you. Life is a continuous journey of learning and growing.
And for people who want to get into the real estate industry, David advises that the best time is to start now! Multifamily real estate can change your life for the better and help you achieve that freedom many people want to have. It can really provide you that peace and opportunity of having more time to spend with your loved ones! Trust your guts, listen to your emotions, find people who are trustworthy, and get into business with those you trust! Start overcoming your fears, get excited, and become inspired!
About David Iglewicz:
Father of two inspiring children and excited to be married to college sweetheart for 20 years.
Board-certified Pediatric Dentist since 2003 and Multifamily real estate investor
Dentist and shareholder | Children’s Dental Health | 10/2016-current
Currently, a practitioner 2-3 days a week and assist with onboarding of new doctors and train new assistants. Help to continue the active growth of CDH as it now spans into New Jersey, Delaware, and acquired a Residency program and will be forming a new Surgery Center. Assist current doctors in issues that may arise.
Started Investing in Multifamily. Learned as much as I could from the Agents and Brokers. Signed up for a wonderful coaching program for Real Estate with Rod Khleif and High Performance coaching with Faisal Ensuan. This inspired me to partner up with some of the best and brightest. Invested across the country in Multifamily as a Limited Partner to learn even more. Now as an active investor looking to close several deals in the next quarter.
Invested in over 865 doors in Dallas, Shreveport, Lexington, and Sarasota
Coached by the great Rod Khleif
Joined the Multifamily Masters Meetup and hosting meetups monthly
Had three deals under contract Pre Covid#19
Part of JV team closing on deal in June 2020
· Email: dsi@Prostoig.com
· Contact: (610) 609-1396
· Website: www.prostoig.com
· LinkedIn: https://www.linkedin.com/
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Jan 05 2021
Rank #4: CP 39: The Mad Scientist of Multifamily with Neal Bawa
Join me and my co-host, Vince Gethings, as we chat with Neal Bawa about his experiences and the Grocapitus Investments data analytics system. Neal is known and acknowledged as The Mad Scientist of Multifamily, and you’ll surely know why in the episode! He also shares his data-driven strategies and tips in real estate that has helped many people achieve success in the industry!
About Neal Bawa:
Neal Bawa is a technologist who is universally known in the real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $250+ million-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that We can only manage what we can measure. His second mantra is that Data beats gut feel by a million miles. These mantras and a dozen other disruptive beliefs drive profit for his 300+ investors.
Neal serves as the CEO / Founder at Grocapitus, an iconic, data-driven commercial real estate investment company. Grocapitus’ 28 person team acquires and builds multifamily & commercial properties across the U.S. With more than 300 active investors and over 2,000 reviewing our projects, and the Grocapitus portfolio currently spans across 7 states with 12 projects and 2,000+ units/beds. The powerful Grocapitus brand has a cult-like following of data-driven demand presenter at conferences and events across the country. Over 5,000 students attend his multifamily seminar series each year and hundreds attend his Magic of Multifamily Boot Camps. Tens of thousands listen to his podcast appearances and he has been featured in over 50 top-rated podcasts and radio shows. Neal’s asset management and revenue optimization techniques for multifamily are considered unique in the industry.
The Mad Scientist engages very frequently and deeply with his vast investor and RE Pro community, with tens of thousands of active connections and conversations across Facebook, LinkedIn, Meetup.com, Youtube, and other channels. Neal is a backyard tomato farmer and a protein diet health nut. He believes in positivity and Karma. He is passionate about the sport of Cricket and about the enormous potential of self-driving electric vehicles to solve the global climate crisis.
· (408) 290-4136 / (415) 326-8878
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Dec 29 2020
Most Popular Podcasts
Rank #5: CP 38: What to look for as a passive investor with Dan Handford
Join me and my co-host, Vince Gethings, as we chat with Dan Handford about what to look for as a passive investor. Dan is a Managing Partner with
PassiveInvesting.com, founder of the Multifamily Investor Nation, co-host of Tough Decisions for Entrepreneurs, and a Founding Board Member of the Fortify Foundation! He is a very successful individual that has started multiple seven-figure businesses from scratch. Listen to the episode now and learn more from Dan!
Stay Focused with a Mentor
It can be very difficult to concentrate on what you want to do with your company and goals in life while you are running a business. When there are many matters that require your attention and time, as well as several other innovations
influencing the industry, it is easy to get distracted. And sometimes, setting clear goals for yourself is not enough to get you where you want to go. However, with the help of a coach or mentor, they’ll be able to help guide you back to your mission. Especially now, with everything happening today, our level of concentration is not that focused compared to life without the pandemic.
About Dan Handford:
Dan and his wife, Dennae, along with their 4 children (3 girls and a boy), reside and work in Columbia, SC.
Dan has an extensive successful background in starting multiple seven-figure businesses from scratch including a large group of non-surgical orthopedic medical clinics located in South Carolina. His family of companies have annual budgets in excess of $10MM.
He is the founder of the Multifamily Investor Nation where he educates a nationwide group (9,000+ members) of multifamily investors on how to properly invest in multifamily assets.
He is the co-host, along with his wife, Dennae, of the Tough Decisions for Entrepreneurs podcast which can be found on iTunes and Google Podcasts.
Outline of the episode:
· [00:46] The story of how he got into the multifamily real estate space.
· [02:56] Dan is a passive investor in 25 different deals with 9 different operators.
· [04:00] Five things that Dan looks for as a passive investor when trying to place capital.
· [08:55] The kinds of criteria Dan looks for when getting deals as an LP.
· [10:55] The origin story of Dan’s partnership with Danny and Brandon.
· [13:25] Advantages and disadvantages of investing in Class A multifamily properties.
· [15:34] How they use digital marketing to grow a syndication business.
· [19:17] The effective way they use newsletter marketing strategy.
· [22:07] High barriers to entry markets have a lot of advantages.
· [28:35] A quick understanding of what the capital stack means.
· [33:04] Start asking the right questions to your potential LPs.
· [35:46] Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks!
· [36:31] Dan’s superpower is that he enjoys marketing and finding different ways to drive revenue.
· [36:58] One of the biggest reasons and strategies they do has greatly contributed to their success.
· [37:39] Having mentors and coaches will help you stay focused.
Dec 22 2020
Rank #6: CP37: From engineer to $250M+ in assets under management with Venkat Avasarala
Join Matt Callihan and his co-host, Vince Gethings, as we chat with Venkat Avasarala about how he went from being an engineer to having a $300 MM under asset management and a portfolio of 3000 Units in DFW, Phoenix, Denver. Venkat is the principal and co-founder of Raven Multifamily, and they specialize in B & C class apartments and value-add investing.
Never Stop Adapting and Improving Yourself
Your business must learn how to adapt its products and services strategically in regard to the demand of the current market. If you want to scale faster or continue to thrive, it is important that you are attentive to the needs of your customers or clients. You will easily set yourself apart and it will increase your chances of success! Never stop improving yourself and your products. There is a lot to improve in every market. Focus on the weakness and what is lacking, then find a way to provide better quality!
Build Your Wealth: Create a Passive Income
Venkat shared in the episode that you should believe in yourself. It is okay if you have another job and you are happy in your company, but that shouldn’t stop you from investing! You can really achieve financial independence in multifamily real estate. Just go for it and believe in yourself! It won’t hurt to invest once in a while. It can help you a LOT! Sudden problems arising from getting laid off from a job can be avoided if people chose to invest properly!
About Venkat Avasarala:
Venkat is the co-founder and principal of Raven Multifamily, which is a powerhouse with a current portfolio of 2,918 units valued at just shy of a quarter-billion dollars. Venkat has several years of experience in strategic acquisitions and overseeing Operations of large multifamily assets. Venkat has a Masters in Electrical Engineering from UAH, Alabama, and worked for 14 years in IT Domain at several Fortune 500 companies such as PepsiCo, Halliburton, Bank of America. Venkat’s last corporate job was as an SVP in Global Transformation on Operations LOB with Bank of America. Since 2006, Venkat lives in Plano, Texas, with his family.
Outline of the episode:
· [02:48] The situation that made him realize he needed to have a passive source of income.
· [07:30] Having a great partner who can complement your skills will really help you out.
· [11:20] Venkat and his partner bought their own property in 2016 and left their job in 2018.
· [13:40] It is all about leveraging other people’s time to accomplish your plans.
· [14:39] Building your network with the right people can greatly impact your mindset.
· [17:10] Going from a B or A class asset to doing ground-up construction.
· [20:37] The reasons why they decided to get into the development side of properties.
· [29:54] The beauty and importance of proper development.
· [32:41] Venkat’s KPIs suggestions and market he is currently looking at.
· [38:11] The adjustments Venkat made to his underwriting during this pandemic.
· [44:27] Continuously looking for things to improve to keep up with the changes.
· [53:18] The ONE Thing was written by Gary Keller, the importance of not multitasking!
· [53:54] Venkat’s superpower is finding people who are best in what they do and getting things done with them!
· [54:51] Be happy in whatever you do and don’t let anyone tell you differently.
Dec 15 2020
Rank #7: CP36: Wealth, health, and success through real estate with Jason Yarusi
Join me and my co-host, Vince Gethings, as we chat with Jason Yarusi about achieving success and financial freedom through real estate. Jason is a podcaster, real estate investor, a multifamily syndicator, and the founder of Yarusi Holdings. In this episode, he shares his tips on how to scale your business quicker, the importance of doing your due diligence, tools you should consider using, and the value of having persistence.
What Does Financial Freedom Mean to You?
A lot of people tell us that we can achieve financial freedom in the real estate industry and all the amazing benefits we can get. We mostly hear about their success stories and wins, but less about how to actually get there and the sacrifices you have to make. You have to first figure out what financial freedom really means to you and the amount of effort you are willing to put into it. Achieving financial freedom is a dream for many people; however, you won’t achieve that if it only remains a dream without action. It will only become a desire if you do not set goals and plans. Financial freedom may mean having more time to spend with your family, getting to retire at a young age, being debt-free, and many other reasons. Whatever it is, make sure that your purpose and drive is strong enough to push you into not giving up.
Why Being Persistent is Important
Face it, most of the time things do not go according to plan. There are so many situations that are out of our control and failures we will make. And when some people fail, they’ll almost immediately think about giving up because they feel like everything is against what they want. The reality is life will always push you around, and it is not easy. Failing is not a failure; it is an opportunity in disguise. However, when you decide to quit, that is when you fail. That is why being persistent is so crucial to achieving your goals. Before successful people achieved real success, they had to experience a lot of hardships and situations that made them want to quit. Yet, they stayed dedicated, persistent, and worked hard. Most importantly, persistence doesn’t mean staying when you know you deserve something better. Never be afraid to divert your time and attention to other matters that you think will provide you a better life and experience.
About Jason Yarusi:
Jason is an active Real Estate Syndicator. In 2016 he founded Yarusi Holdings along with his wife Pili, a multifamily investment firm. They are General Partners on over 800 units with 450 units under management. The firm repositions properties through operational efficiencies, moderate to extensive renovations, and complete rebranding. They are hosts of The Jason and Pili Project. A project to serve those looking to lead a Fit, Rich Life.
Jason and Pili are founders of the New Jersey Multifamily Foundation Club with over 2,200 members that focuses on Real Estate Syndication and Multifamily Investing.
Jason has started and exited multiple businesses in the past 15 years, and the family construction business has a niche industry position in raising and moving structures. The company has elevated over 2,000 homes in the last seven years alone.
Dec 08 2020
Rank #8: CP35: Commercial real estate financing 101 with Will Coleman
Join Duc and Steve, as we chat with Will Coleman about commercial real estate financing 101. Will is the Director of Finance at Rand Commercial Real Estate, helping investors find the best financing option for their commercial real estate deals. In this episode, he shares his pieces of advice on how to build a relationship with lenders, the advantages and disadvantages of hiring a mortgage broker, and more!
Real Estate is a Relationship Business
In real estate, your relationship with your team and clients is the foundation of your business. Every business opportunity and deal will revolve around people. And how well you get along with everyone is the key to the success of your business. Therefore, it is so essential that you not only invest in yourself but also in your network. This will open more doors of opportunities for you and can help your business survive a bad situation in the market. Make sure you value those relationships and do your best to nurture them. Every person will want to do business with someone they like, and if you handle these with care, you will have clients for life.
Failure is an Opportunity to Improve
Fail, reflect, and improve.
Successful people have a tremendous amount of failures hiding behind their success stories. Failures should not make you cower in fear, but on the contrary, make you feel more excited and become braver! How you reflect on your mistakes is important because this will affect how you think and handle situations. If you continuously see failing as an opportunity to grow, you will never really fail again. Even the wealthiest people in the world commit mistakes and have bad days; these experiences are vital to your success. If you deal with these circumstances wisely, it will set you apart from a lot of people who let it affect them negatively.
About Will Coleman:
Will Coleman graduated from Liberty University with a Bachelor of Science in Business Administration: Economics. In 2016 he began his real estate career by investing in and self-managing single-family properties in the DFW market while working in property management for Greystar Real Estate Partners. In 2018 Will began working in commercial lending at City Bank as a Credit Analyst being responsible for accurately underwriting the credit quality of borrowers, properties, and markets in Texas. In 2017 and 2018, Will also worked as an independent contractor for Lifestyles Unlimited as a Multi-Family underwriter.
Dec 01 2020
Rank #9: CP34: Scaling from 32 to over 700 units under management with Juan Vargas
Join me and my co-host, Vince Gethings, as we chat with Juan Vargas about scaling from 32 to over 700 units, focusing on your goals and teamwork. Juan is the founder of GenWealth Capital Group, where he oversees over 700 units and is an equity partner in over 1500 units. He is actively engaged in all aspects of real estate sales, investment, management, financing, and construction, with more than 10 years of experience. In this episode, he also talks about the importance of taking risks and moving forward.
Focus On Your Goals
It can be more challenging to pursue a dream when you’re easily distracted by other things or what people will say. It takes a lot of time and dedication to discipline yourself. Nonetheless, you have to start somewhere! Surround yourself with people that will understand your plans and support you along the way. Stop worrying about anybody else, start investing in yourself, your goals, dreams, and don’t let it go. Write them down, monitor your thoughts, train your mind, avoid distractions, keep motivating yourself to move forward, and live your life on a purpose.
You Will Never Feel 100% Ready
No matter what opportunities arrive in your life, you will never be 100% ready. There will always be doubts and things you cannot control. You do not need to have everything at 100% to start doing what you love because that is impossible. And if you truly want something strong enough, you will take risks even if you are afraid. Not taking action should never be an option for you. Be willing to burn the ship, sacrifice, struggle, fail, and make mistakes to reach success. Stop holding yourself back from the better life you could have! Don’t look back and start making changes.
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Nov 24 2020
Rank #10: CP33: Paying it Forward through Multifamily education and networking with Kevin Dugan
Join me and my co-host, Steve Fierros, as we chat with Kevin Dugan about giving back, educating, networking, and the importance of finding the right team. Kevin is the CEO of Altus Investment Group, where he has built a vertically integrated investment firm, including investment, property management, and general contracting. In this episode, he shares his strategies, beliefs, experiences, and pieces of advice.
Networking and Building Great Relationships
Business is all about the people and relationships you build. Your network can be one of the main reasons for your success. Networking is so essential because meeting other people will open more doors and opportunities for your company. And through these people, you will be able to learn, grow, and scale faster! That is why it is also important to bear in mind that although they can bring a tremendous amount of value to you, dealing with the wrong people might harm your company’s image. Be cautious, take time in building important relationships, and look for people who are headed in the same direction as you.
The Importance of Giving Back
The beauty and power of giving back should never be underestimated. While doing this can also be good for your emotional health, the impact you could have on other people’s lives can be greater! No one has ever reached success without receiving help from other people. And yet, some of these people do not like to give back and want everything to be about them, unlike Kevin Dugan and his team, who are big believers in giving back. It doesn’t always have to be about money. Volunteering, helping, educating, and providing value are great ways to give back! You do not have to be rich or the smartest person in the room to start doing this. Just imagine that other people would be able to reach bigger and life-changing opportunities because of the help they received from you. However, this shouldn’t make you feel arrogant but more humble. Why? Because you must realize that in a certain period of your life someone has done this for you as well.
About Kevin Dugan:
Kevin Dugan is a serial entrepreneur with a diverse background in building remote teams, acquiring underperforming assets, construction management, asset management, and dynamic experience in industrial b2b robotics sales for the medical | aerospace | government |semiconductor | gas & oil sectors. He takes the complex and makes it simple.
He is currently the Managing Partner of Altus Investment Group, a fast-growing private equity firm with 35AUM that specializes in acquiring, repositioning, operating, and selling residential and commercial properties that are underperforming. His team implements systemized improvements and proven processes to maximize the net income of the assets. These investments did not achieve their potential due to poor management, operational inefficiencies, or outdated materials causing rents to drop below market values. Altus is vertically integrated with in-house property management, full-time general contractors, and an acquisition group.
He is big on education and teaches co-founded one of the fastest-growing multifamily meetup (MultiFamilyMasters.com) communities in Los Angeles that has grown rapidly to 7600 members in a little over a two.
He believes that holistic investing is an integral part of life. You should always be investing in yourself and your education, in your relationships and network, and your capital into secured investment vehicles. His passion is to create massive value and educate others to achieve financial freedom through active and passive real estate acquisitions.
A Los Angeles native, Mr. Dugan holds a degree from UC Berkeley with a concentration in Biology. He found his calling as an entrepreneur late in college after reading Rich Dad Poor Dad and is now on a mission to continuously create massive value for others.
Nov 17 2020