🔥 Live Podcast Alert🔥

On this Real Estate Hustlers Podcast episode, we will be talking with Alexia Tuttle is a multifaceted entrepreneur, multifamily operator, and nutrition expert. As the founder of Tuttle Equity, she is passionate about transforming multifamily apartment complexes into thriving communities that benefit both residents and investors. While still growing her expertise in real estate, Alexia has successfully navigated significant obstacles in multifamily investing, recently closing deals like the 76-unit Valencia Plaza Apartments. Known for her strong networking skills, Alexia excels at building partnerships with solid, like-minded individuals who share her vision for community-focused investments. Her approach combines a strategic focus on value-add opportunities with a commitment to creating long-term value for everyone involved.

What actionable value will you provide to our listeners?

Alexia explains her decision to move from a service-based business to a multifamily real estate investment.

She describes the initial challenges and learning curves she faced, including attending multiple conferences and networking events to gain industry knowledge.

Alexia shares the story of her first deals that fell through due to issues with partners and the complexities of assuming a Freddie Mac loan.

She highlights the importance of trusting but verifying partners and the lessons learned from losing earnest money.

Alexia offers practical advice for beginners, including reading foundational books on syndication, attending local meetups, and leveraging Facebook groups for networking.

She recommends books by Brandon Turner and Michael Blanc for understanding the basics of real estate syndication.

Connect with Alexia:

Facebook: Alexia Tuttle

Instagram: @alexiatuttle1

Connect with Josh Appelman

Facebook: https://www.facebook.com/josh.appelman.108/

Facebook group: https://www.facebook.com/groups/realestatehustler

Linked in: https://www.linkedin.com/in/josh-e-appelman-97767973/

Website: https://www.appelmanproperties.com/

🔥 Live Podcast Alert🔥

On this Real Estate Hustlers Podcast episode, we will be talking with Reid Bennett is the National Council Chair of Multifamily Properties for SVN International and a Principal of the Multifamily Group for SVN Chicago Commercial, where he has been working for over 16 years. He is also a Certified Commercial Investment Member (CCIM), a prestigious credential that demonstrates his expertise in financial analysis, market analysis, user decision analysis, and investment analysis for commercial real estate.

With a focus on the sale of apartment communities across the Midwest, Reid leverages his extensive network, market knowledge, and collaborative approach to deliver optimal results for his clients.

He has achieved multiple awards and recognition for his outstanding performance, including the Partners Circle Award four times, ranking him in the top .2% among all SVN advisors globally.

He is also a commercial real estate coach for The Massimo Group, where he helps other brokers elevate their business and maximize their potential.

Key Takeaways:

He highlighted the importance of understanding the intricate details and compliance requirements associated with these properties.

Reid also discussed strategies for investors interested in affordable housing, such as acquiring existing LIHTC deals, developing new properties, or undertaking acquisition rehabs.

He emphasized the importance of thorough due diligence and understanding the long-term affordability commitments tied to these projects.

Reid explained the various types of affordable housing, including low-income housing tax credit (LIHTC) properties and Section 8 vouchers.

We delved into the complexities of affordable housing, a niche yet crucial segment of the real estate market

Connect with Reid:

Linked in: Reid Bennett, CCIM

Connect with Josh Appelman:

Facebook: https://www.facebook.com/josh.appelman.108/

Facebook group: https://www.facebook.com/groups/realestatehustler

Linked in: https://www.linkedin.com/in/josh-e-appelman-97767973/

Website: https://www.appelmanproperties.com/

🔥Live Podcast Alert 🔥

On this Real Estate Hustlers Podcast episode, we will be talking with Cross Skills for Success in Multifamily Over her career, Sharon Riddle has worked in companies, nonprofit organizations, and government agencies. She has provided business solutions in the areas of software upgrades and business process analyses and has conducted best business practice research for over 30 years.

Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. She took a leadership role in managing all facets of the business, including property analysis, acquisition, rehab, property management, and resale of properties.

Sharon, with her business partner Dan, started the transition to multifamily real estate in 2015 through initial education and investing passively in 18 properties in Texas,

Oklahoma, Colorado, Florida, and Ohio, totaling 3,507 units to date. She joined the Women’s Multifamily Mastermind in 2019, has been a personal mentoring student of Brad Sumrok since 2015, Brad Sumrok's Millionaire Multifamily Mastermind in 2019, Hunter Thompson's RaiseMasters mastermind in 2023, and co-founded Excalibre Investments of Texas LLC with Dan in 2022.

Visit us at:

Investor Portal: https://appelmangroup.investnext.com/

Website: https://lnkd.in/g66wqQ7g

Linkedin: https://lnkd.in/g2Fu2BZD

Facebook: https://lnkd.in/gVjbUi3p

🔥Live Podcast Alert 🔥

🔥On this Real Estate Hustlers Podcast episode with Ron Diamond, longtime investor and entrepreneur Ronald Diamond is the Founder and Chairman of Diamond Wealth. He invests alongside 100 Family Offices ranging in size from $250 million to $30 billion. Diamond Wealth invests in private markets (private equity, venture capital, real estate).

Ronald serves on the Advisory Board of numerous privately held companies and acts as Chairman for several of them. Ronald is also the Chair of two TIGER 21 chapters in Chicago and Chairs a newly created Family Office Group for TIGER 21. He is the past Chairman of the Advisory Board for the Disruptive Technology and Digital City’s Program at Stanford University, taught classes in the Entrepreneur Program at Stanford, and helped to create the Stanford Family Office Initiative.

Key Takeaways:

Ron shared his journey from graduating from Northwestern to working at Drexel Burnham during its collapse.

He discussed his transition back to Chicago, where he started a hedge fund, grew it to $250 million, and eventually sold it in 2000.

Currently, Ron focuses on investing through a syndicate of family offices, managing assets ranging from $250 million to $30 billion.

Ron explained how family offices leverage patient capital to invest in various asset classes, excluding office real estate

He highlighted the importance of due diligence and the advantage of having multi-billion dollar families conducting their own due diligence alongside his team.

Ron provided a comprehensive definition of a family office, emphasizing the need for a minimum of $250 million to $500 million to make economic sense.

He discussed the goals of family offices, including asset management, philanthropy, estate planning, and wealth transfer.

He emphasized the need for family offices to partner with experts in various asset classes to mitigate risks and enhance returns.

Ron candidly shared his thoughts on the importance of in-person interactions for younger professionals and the potential drawbacks of remote work.

Connect with Diamond:

LinkedIn: Ron Diamond

Visit us at:

Investor Portal: https://appelmangroup.investnext.com/

Website: https://lnkd.in/g66wqQ7g

Linkedin: https://lnkd.in/g2Fu2BZD

Facebook: https://lnkd.in/gVjbUi3p

🔥Live Podcast Alert 🔥

On this Real Estate Hustlers Podcast episode, we will be talking with Chris Borden is a seasoned C-Suite executive with 30+ years in operational, financial, marketing, and commercial real estate. Formerly a Hawai'i retail food chain President and CMO, Forbes named him a top 10 employer in Hawai'i in 2019. In 2021, he and his wife relocated to Utah, founding six real estate focused businesses and two non-profits. Chris excels in commercial real estate, overseeing $14M in debt loans and managing 507 units valued at $99M. His dedication to excellence and adaptability make him a trusted figure in the industry.

Key Takeaways:

Foundation of Trust: Chris highlights that leading with your heart and being genuine in your interactions is essential.

Chris notes that real estate is fundamentally a people business. He stresses the importance of networking and forming relationships with various stakeholders, including investors, partners, and even tenants.

One of the key takeaways from Chris's experience is that relationships can lead to off-market deals, which are often more advantageous than those available through traditional channels.

Chris emphasizes the importance of creating win-win situations in negotiations. He believes that when both parties feel satisfied with the outcome, it fosters trust and encourages future collaborations.

Chris Borden's insights underscore the critical role that relationships play in real estate.

From networking and leveraging connections to creating win-win situations and maintaining trust, the ability to build and nurture relationships can significantly impact one's success in the industry.

Connect with Chris:

Facebook: Chris Borden

Visit us at:

Investor Portal: https://appelmangroup.investnext.com/

Website: https://lnkd.in/g66wqQ7g

Linkedin: https://lnkd.in/g2Fu2BZD

Facebook: https://lnkd.in/gVjbUi3p

🔥Live Podcast Alert 🔥

On this Real Estate Hustlers Podcast episode with I am the co-founder of nëdl.us, a pioneering data analytics firm that leverages AI and machine learning to bring innovative solutions to the commercial real estate industry. With a solid background spanning over 15 years in multi-family investment sales, I harness my deep-seated expertise and insights to guide clients in optimizing their portfolios for enhanced returns. My proficiency in financial analysis, market research, and investment strategy is further solidified by my CCIM designation, a testament to my commitment to the highest standards of professionalism and ethics.

Key Take aways

Stash shared his fascinating journey into the industry, which began in his youth in New Hampshire, inspired by his mother’s career as a residential real estate agent and the book "The Art of the Deal."

Stash recounted his early days in Southern California, where he entered the brokerage space during the challenging market of 2008.

He discussed his initial experiences with syndicating apartment buildings and the steep learning curve that came with managing properties, including dealing with unexpected issues like slab leaks.

As we delved deeper into his career, Stash highlighted the importance of persistence in building a brokerage practice from scratch.

He shared valuable insights on the metrics he tracked to gauge his success and the challenges he faced in finding buyers and sellers in a competitive market.

Stash also discussed the future of Nettle, including plans to expand its capabilities beyond multifamily properties to encompass various commercial real estate sectors.

He emphasized the platform's potential to revolutionize how brokers and property owners interact, ultimately making the transaction process smoother and more effective.

Connect with Stash

Linked in:

Stash Geleszinski

Visit us at:

Investor Portal: https://appelmangroup.investnext.com/

Website: https://lnkd.in/g66wqQ7g

Linkedin: https://lnkd.in/g2Fu2BZD

Facebook: https://lnkd.in/gVjbUi3p

🔥Live Podcast Alert 🔥

On this Real Estate Hustlers Podcast episode with Mark has been an avid real estate investor for over 18 years and throughout his career he has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US.

Mark has analyzed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1.5 billion and created and managed over 65 real estate partnerships with investors.

Key Takeaways

Mark outlined the key metrics they look for when underwriting deals, such as debt service coverage ratio, operating expense ratios, and the spread between cap rates and borrowing rates.

One of their recent investments is an apartment deal south of Dallas, Texas. The property offers a 50% property tax exemption and an assumable loan with a fixed interest rate of 3.57%

The business plan involves renovating the units to increase revenue, making it a promising investment.

Connect with Mark:

Linked in:

Mark Khuri

Visit us at:

Investor Portal: https://appelmangroup.investnext.com/

Website: https://lnkd.in/g66wqQ7g

Linkedin: https://lnkd.in/g2Fu2BZD

Facebook: https://lnkd.in/gVjbUi3p

🔥Live Podcast Alert 🔥

On this Real Estate Hustlers Podcast episode, we will be talking With more than 40 years of experience, Eddie Speed is renowned as one of the nation's top note educators. He founded NoteSchool, an esteemed training company that focuses on educating individuals about purchasing both performing and non-performing discounted mortgage notes. His structured note-investing education has led thousands of students to success. Additionally, he holds the positions of Owner and President at Colonial Funding Group LLC, specializing in acquiring and brokering discounted real estate secured notes. Furthermore, Eddie is a principal in a family of Private Equity funds dedicated to acquiring bulk portfolios of notes.

1. Eddie explained the basics of note investing, likening it to being the bank for a property. Instead of owning the property, you own the mortgage note, which is a promise to pay that includes the principal, interest, and payment terms.

2. He clarified that properties do not need to be free and clear to create a note; you can have an underlying mortgage and still offer seller financing, known as a wrap note.

3. Most note investors start as traditional real estate investors before transitioning to buying notes. Eddie himself started directly as a note buyer and now runs NoteSchool to train others in this field.

4. He emphasized that you don't need millions to get started in note investing. There are strategies to recapitalize and keep investing, such as selling parts of the note (partials) to passive investors.

5. Notes provide a return on investment and a return of investment, as you get your principal back incrementally as the loan pays off.

6. He shared that his team has extensive experience in handling foreclosures and reselling properties with owner financing.

7. Eddie shared some fascinating stories from his career, including buying notes on unique properties like a mansion and an avocado orchard where John Travolta once lived.

8. He also touched on the current favorable market conditions for note investing, given the interest rate environment and the cost-to-rent ratio.

   
   

Visit us at:

Investor Portal: https://appelmangroup.investnext.com/

Website: https://lnkd.in/g66wqQ7g

Linkedin: https://lnkd.in/g2Fu2BZD

Facebook: https://lnkd.in/gVjbUi3p