The difference between the monthly cost of renting a home and the monthly cost of owning acomparable one has completely flipped. In this episode, Charles discusses the rent vs buy gap and whatit means for real estate investors. Watch The Episode Here: Listen To The Podcast Here: Talking Points: The Rent vs. Buy Gap refers [...]
Comments Off on GI368: Quitting Fox News for Real Estate: Diva Rescia’s $900M Portfolio
Diva Rescia brings over 20 years of real estate investment experience to the multifamily space. She is a CBRE multifamily specialist, where her team has executed nearly $1 billion in multifamily transactions across Los Angeles and the Inland Empire. Through Rescia Properties, she and her partners have grown a portfolio exceeding $900 million in assets [...]
Comments Off on SS290: Outsourcing vs. Building an In-House Team
The classic real estate investment dilemma, do I hire a third-party management company or do I build my own property management team? In this episode, Charles discusses the trade-offs of outsourcing your property management vs building your own team. Watch The Episode Here: Listen To The Podcast Here: Talking Points: The decision to outsource property [...]
Comments Off on GI367: 20 Years of Real Estate Lessons with Dustin Heiner
Dustin Heiner is a real estate investor and Founder of MasterPassiveIncome.com, which he started from his home in 2015 while working full-time, married with 5 children, and owning and operating 2 other businesses. Dustin became Successfully Unemployed at 37 years old by investing in real estate rental properties. Since then, he has helped thousands of [...]
Comments Off on SS289: The Impact of New Construction on Existing Properties
When new developments break ground in an established neighborhood, it shakes up the local realestate ecosystem. In this episode, Charles discusses the ripple effects of new development on existingproperties. Watch The Episode Here: Listen To The Podcast Here: Talking Points: New multifamily construction creates a direct supply shock that temporarily elevates vacancy rates and softens [...]
Comments Off on GI366: Private Lending While Traveling the World with Harley Green
Harley Green spent over 20 years as a software architect and computer engineer, and in 2013, he and his wife Adrienne started investing in real estate. They ran renovations, built investor networks, and eventually lent their own capital before ever taking outside capital. Today he runs InvestAway, a direct private lending company that helps everyday [...]
Comments Off on SS288: How to Budget for Deferred Maintenance Properly
Budgeting for deferred maintenance is key to repositioning a property. In this episode, Charles discusses how to properly budget for these renovations by creating a detailed plan. Watch The Episode Here: Listen To The Podcast Here: Talking Points: Dealing with deferred maintenance is a necessary part of repositioning any multifamily property, and it's in this [...]
Comments Off on GI365: Inside the Hilton Family Office: Institutional Wealth Building with Mark Miller
Mark Miller is the Managing Director of the Hilton Family Office, the Hilton Hotels family office, and CEO of Hilton Tax and Wealth Advisors. Mark has nearly 40 years of experience helping business owners, executives, and high-net-worth individuals legally slash taxes, grow wealth, and build lasting legacies. He is the co-founder of Hilton Tax and [...]
Comments Off on SS287: Key Performance Metrics Every Operator Must Track
Effective multifamily operations rely on tracking key metrics that enable operators to make necessary adjustments before major problems arise. In this episode, Charles discusses these critical performance metrics. Watch The Episode Here: Listen To The Podcast Here: Talking Points: No matter how large or small your real estate portfolio is, investors should be tracking certain [...]
Comments Off on GI364: From Stocks and Bonds to 51 Syndications with Senate Eskridge
Senate Eskridge is based in Idaho and has partnered on over 1,000 multifamily units across the country (and counting), helping nearly 100 people from all walks of life invest in multifamily real estate. Senate founded The Idaho Summit and The Idaho Real Estate Conference, and also runs the Magic Valley Real Estate Investors Meet-Up. Watch The [...]