Ashley Garner brings over 30 years of multifamily experience, concentrating on reliable workforce housing throughout the Carolinas. With three decades of experience, he has operated hundreds of units across multiple markets, shaping his firm, ABG and Associates, underwriting, and long-term investor model. Watch The Episode Here: Listen To The Podcast Here: Transcript: Charles Welcome to [...]
Comments Off on SS271: Strategic Concessions: When They Help and When They Hurt Your Bottom Line
Concessions can be extremely beneficial to property managers, helping them rent more apartments when crafted correctly. In this episode, charles discusses offering concessions to new tenants. Watch The Episode Here: Listen To The Podcast Here: Talking Points: In competitive multifamily markets, concessions are a common leasing tool. These concessions can include free rent, waived fees, [...]
Comments Off on GI348: From Marinas to 1,400 Units: Multifamily Investing with Paul Montelongo
Paul Montelongo. He is a lifelong investor, entrepreneur, and business owner. Paul has built, owned, and operated eight multi-million-dollar businesses over his 45-year career in high-end construction and remodeling, casualty management, residential property flipping, sales, and mentoring. These companies have generated over $140 million in revenue and have employed hundreds of people. He invests in [...]
Comments Off on SS270: Resident Referral Incentives That Actually Work
Your current tenants can be a great source of new resident referrals. In this episode, Charles discusses creating resident referral incentives to drive a flow of new tenants. Watch The Episode Here: Listen To The Podcast Here: Talking Points: Resident referrals are a great incentive that allows your current tenants to refer new tenants to [...]
Comments Off on GI347: From X Games to Apartment Investing with Dan Brisse
Dan Brisse is the Co-Founder and Managing Partner at Granite Towers Equity Group, a multifamily investment firm with over $500 million in assets under management and over 3,000 apartments. Dan oversees the company's operations, acquisitions, and investor relations. Prior to co-founding Granite Towers, Dan was a professional snowboarder and 4-time X Games medalist. Watch The Episode [...]
Comments Off on SS269: 5 Ways to Increase NOI in the First 90 Days Post-Acquisition
After purchasing a property, landlords want to start increasing their net operating income, but value-add business plans take time to incorporate. In this episode, Charles discusses 5 ways of increasing your NOI during the first 90 days of property ownership. Watch The Episode Here: Listen To The Podcast Here: Talking Points: You have just closed [...]
Comments Off on GI346: Trading Heavy Rehabs for Build-to-Rent Communities with Chase Calhoun
Chase Calhoun is a real estate investor, developer, and licensed general contractor who owns and operates a portfolio of over 75 residential units and leads development efforts focused on build-to-rent communities, infill new construction, and heavy value-add projects. Chase’s companies handle development, construction, acquisitions, leasing, and property management in-house. Watch The Episode Here: Listen To [...]
Comments Off on SS268: What is Gross Rent Multiplier
The gross rent multiplier is an important metric in commercial real estate used to determine the value of a specific property. In this episode, Charles discusses the gross rent multiplier, how it is calculated, and why investors should utilize it in their underwriting. Watch The Episode Here: Listen To The Podcast Here: Talking Points: Gross [...]
Comments Off on GI345: From $1B in Bank Loans to 5,300 Apartments with Sam Morris
Sam Morris is a Partner at Lone Star Capital, overseeing acquisitions, asset management, and investor relations. With over 20 years of experience in real estate, Sam has led acquisition and disposition teams on over $650 million in multifamily transactions. Before joining Lone Star Capital, Sam was the CEO of Sunset Capital, where he built a [...]
Comments Off on SS267: Deferred Maintenance: How to Spot and Budget for Hidden Property Issues
When purchasing multifamily properties, identifying deferred maintenance issues is crucial to determining the investor’s renovation budget. In this episode, Charles discusses the process for identifying deferred maintenance issues during due diligence. Watch The Episode Here: Listen To The Podcast Here: Talking Points: Deferred maintenance can represent a great opportunity for a new investor if they [...]