MB372: ADUs as a Steppingstone to Multifamily Investing – With Derek Sherrell

Are you interested in multifamily investing but overwhelmed by the prospect of buying an entire apartment building?

What if you could dip your toe in the water with accessory dwelling units or ADUs?

The ADU strategy involves either converting a SFH into multiple units or building standalone, detached units on a single family lot.

After several years of building ADUs for clients and friends, Derek Sherrell decided to leverage those skills into developing projects that would help him gain financial independence.

Two decades later, Derek is the real estate investor behind That ADU Guy. His platform teaches the strategy to help others earn passive income and address the affordable housing crisis at the same time.

On this episode of Financial Freedom with Real Estate Investing, Derek joins me to discuss the different categories of accessory dwelling units you might consider, convertible ADUs versus standalone, detached units.

Derek walks us through the process for getting permission to build accessory dwelling units, explaining why everyone should consider building an ADU at their primary residence and how to get financing for such a project.

Listen in for Derek’s insight on the profitability of building accessory dwelling units and find out if ADUs are the right steppingstone into YOUR multifamily investing career!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session372/

MB371: Overcome Fear with Practice, Invest with Confidence – With Mai Duong

Most aspiring real estate investors struggle with fear.

But the ones who become successful GPs work through their fears with practice.

Mai Duong is Harvard-educated CPA with 25 years of experience in corporate finance and accounting.

She is also on the Executive Team at Sunbelt Equity Group, where she has amassed a portfolio of more than 192 multifamily units (and more closings to come).

On this episode of Financial Freedom with Real Estate Investing, Mai joins me to explain what she learned as an LP that helped her become a successful active investor.

Mai describes how she dealt with fears around talking to brokers and raising capital with preparation, challenging us to practice underwriting lots of deals and asking questions in a ‘throwaway market.’

Listen in to understand how Mai’s team is finding deals right now and learn how to adjust your underwriting to overcome your fears and invest with confidence!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session371/

MB370: Finding Your Niche in Short-Term Rentals – With Kyle Stanley

There are so many ways to invest in real estate. And when you’re first learning about the options, it can get overwhelming.

But the most successful investors niche down to a single strategy, perfect their processes and rinse, repeat to scale.

Kyle Stanley, for example, focuses on short-term rentals, and he has created systems in his business that allow him to work just one or two hours a week!

Kyle is the creator of The Fearless Investor, a platform that helps people learn about the real estate investing game.

He tried several investing strategies before niching down to Airbnb, and nine months in, he was grossing over $25,000 a month!

On this episode of Financial Freedom with Real Estate Investing, Kyle joins Garrett to explain how the short-term rental arbitrage and cohosting models work for aspiring investors who don’t own property themselves.

Kyle shares the mission behind his brand, The Fearless Investor, and challenges aspiring investors to conquer our fears through action.

Listen in for Kyle’s advice on uncovering your real estate investing niche and find out if the short-term rental model is right for you!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session370/

MB369: How to Make Money Flipping Land – With Jon Jasniak

How do you make money flipping land?

What are the pros and cons of investing in land deals as opposed to other kinds of real estate?

Jon Jasniak started flipping land in 2016 when he was 23 years’ old and working as an engineer. After 18 months of doing both, he quit his job to go into the land game full time.

In the last seven years, Jon has done 700 deals across 7,000 acres and built an eight-figure land business. And in early 2023, he bought an entire town in West Texas!

On this episode of Financial Freedom with Real Estate Investing, Jon joins Garrett to explain how he buys land under value, leveraging seller financing or private money to get into deals.

Jon discusses how he reduces friction in his business by subdividing land and selling it to average people without a title company, marketing on sites like Facebook Marketplace and Lands of America.

Listen in for Jon’s experience buying Cornudas, Texas, and learn how he is adding value to the town and making money in the process!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session369/

MB368: Alternative Investments in Latin America – With Cole Shepherd

In multifamily real estate, we look for opportunities in a given market and then build relationships with the bankers, brokers, and boots on the ground we need to make a deal work.

But what if the business opportunity you identify is in Asia or Latin America? How do you overcome the language barrier and put together the team you need to build a successful company in a foreign country?

Cole Shepherd is Founder and Partner at Legacy Group, an alternative investment firm based in Colombia that focuses on high-quality LATAM businesses that produce outsized returns for investors.

He’s an expert in emerging markets and understanding the capital movements of high-net-worth investors.

On this episode of Financial Freedom with Real Estate Investing, Cole joins Garrett to discuss his background in international business and what he learned from working in the ‘professional leagues of capitalism’ overseas.

Cole explains what inspired him to build Legacy Group in Medellin, describing how he started with real estate flips and expanded into commodities, growing Green Coffee Company into Colombia’s largest coffee producer.

Listen in for insight on learning the language and culture the place you want to do business and find out how to invest in Green Coffee Company or one of Cole’s other innovative projects at Legacy Group!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session368/

MB367: Alternative Investing in Wine & Whisky – With Maxwell Nee

Maxwell Nee was drinking an Old Fashioned at a swanky bar in Chicago when he came to appreciate the significant price difference between Macallan 18 and Macallan 12 whisky.

Because it had aged an additional six years, Macallan 18 cost 500% more!

That’s when the lightbulb went off. And Maxwell started looking into wine and whisky as an alternative investment.

Today, Maxwell is Managing Partner at OENO Wine and Whisky Fund, a recession-proof investment fund that leverages the intrinsic value creation in the maturity of fine wine and whisky to earn double-digit returns for investors.

On this episode of Financial Freedom with Real Estate Investing, Maxwell joins Garrett to explain what he looks for in a wine or whisky investment deal and how the assets are aged in a warehouse under the best conditions.

Maxwell shares his strategy for maximizing returns for OENO investors and describes the parallels between investing in wine and whisky and value-add real estate.

Listen in to understand the risks associated with wine and whisky as an alternative investment and find out if investing in Maxwell’s fund is right for you!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session367/

MB366: A Low-Risk Approach to Investing in Oil & Gas – With Eric Rice

Historically, oil and gas operators only give investors the cashflow from wells and keep the land value for themselves.

But King Operating Corporation does things differently, structuring their deals very much like a multifamily syndication.

So, what are the benefits of investing in oil and gas with King Operating? Why is Nighthawk Equity partnering with King to raise money for an energy fund?

Eric Rice is Chief Growth Officer for King Operating, where he oversees investor communications and studies the macro-economic environment and its impact on energy.

[SIGN UP FOR THE APRIL 19TH WEBINAR HERE]

https://nighthawkequity.com/energy

On this episode of Financial Freedom with Real Estate Investing, Eric joins Garrett Lynch and Drew Kniffin to explain how his team finds the right locations to drill and why they pick up deals that are overlooked by other operators.

Eric walks us through the tax benefits of investing in energy and describes why investing with King Operating is safer than other oil and gas investments.

Listen in for insight on the returns you might expect from investing in Eric’s fund and learn why NOW is the right time to put your money in an oil and gas portfolio like King Operating.

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session366/

MB365: The Making of a Successful Entrepreneur – With Chris Naugle

Are entrepreneurs born or made?

If you ask Chris Naugle, they are created. But to become a successful entrepreneur, you must be willing to take risks. And you can’t conform to someone else’s failed reality.

As a former pro snowboarder, Chris is good at leaping into the unknown. He applied that risk tolerance to business, building 19 companies in 29 years.

Today, Chris is known as America’s #1 Money Mentor. He runs The Money School, hosts Risky Builders on HGTV, and manages tens of millions of dollars in assets in financial services and real estate transactions.

On this episode of Financial Freedom with Real Estate Investing, Chris joins Garrett to explain how he became an entrepreneur at the age of 16 in spite of other people’s opinions.

Chris describes how he navigated challenging times, surviving the dotcom bust, the Great Recession and losing it all in 2014 when the banks said no to a loan and froze his lines of credit.

Listen in for insight into the infinite banking process that turned Chris’ life around and helped him build enough wealth to ‘be the bank’ and invest tens of millions in real estate deals!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session365/

MB364: Investing in Farmland as Part of a Diversified Portfolio – With Artem Milinchuk

Smart investors diversify their portfolios.

And while multifamily real estate is our favorite asset class, we love learning about other alternatives to the stock market.

Artem Milinchuk suggests investing in farmland, an asset class that does well in times of inflation and appreciates over time.

Artem is Founder and Head of Strategy at FarmTogether, a platform that makes it easy for anyone to invest in farmland.

He has 14 years of finance experience in food, agriculture and farmland, serving as CFO at Full Harvest Technologies before building FarmTogether five years ago.

On this episode of Financial Freedom with Real Estate Investing, Artem joins Garrett to explain how FarmTogether syndicates capital online for farmland deals.

Artem discusses why farmland is a relatively safe long-term investment, who manages FarmTogether’s farms and what kind of return his investors can expect on row versus permanent crops.

Listen in for Artem’s insight on the tax benefits of investing in farmland and learn how to leverage the FarmTogether platform to diversify your portfolio with sustainable farmland.

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session364/

MB363: Achieving Financial Freedom as a Passive Investor – With Spencer Hilligoss

Is your financial advisor really looking out for you?

Many investors question whether their FA has their best interests at heart. But seeking out alternative investments on your own can be scary, especially if the stock market is all you’ve ever known.

So, what can you do to learn more about alternative investments like self-storage, cryptocurrency, ATMs or real estate? And can you achieve financial freedom in just a few years as a passive investor?

Spencer Hilligoss is a former technology executive with a 13-year track record building high performing teams across five companies. He and his wife, Jennifer, achieved financial freedom through passive investing in multifamily and other alternative asset classes.

Today, Spencer serves as Cofounder and CEO of Madison Investing, a platform that helps busy professionals generate passive income through vetted real estate investments.

On this episode of Financial Freedom with Real Estate Investing, Spencer joins Garrett and me to explain how he educated himself around alternative investments like mobile home parks, data centers and multifamily syndications.

Spencer discusses the framework he and Jennifer created to make good investment decisions, describing what they look for in a deal and how they vet an operator.

Listen in for Spencer’s insight on breaking into a new asset class and find out where he sees opportunities for investors in 2023 and beyond!

For full episodeshownotesvisit: https://themichaelblank.com/podcasts/session363/