Eric Burns is a Cincinnati-based entrepreneur. His journey has taken him from being a finance major to a Cincinnati Firefighter to a residential real estate investor and flipper to finally landing in commercial real estate. He values his journey and believes in the entrepreneurial spirit. His message to fellow entrepreneurs is simple, STOP TRADING YOUR TIME FOR MONEY and LIVE LIFE BULLISH. Like many, Eric started his real estate investment career in the residential space and expanded into the commercial arena. His first property was a student housing rental in 2016, while he was still active with the Cincinnati Fire Department. Later, he expanded into renovations, and eventually, after many years of growth, education, and “failing forward”, Eric found himself in the commercial space.Eric’s story is similar to many entrepreneurs’ as he has navigated ups and downs with successes and failures in his entrepreneurial journey. As it turns out, it was during a less-than-ideal renovation when he realized, after years spent starting side hustles and residential real estate, that he was still only trading his time for money! As a believer in financial freedom, Eric leaned into commercial real estate and found a path to lead him to that destination. To that end, Flowers Capital reflects Eric’s fundamental philosophies of sourcing and funding deals. Priorities include, firstly, the preservation and growth of investor capital. As a strong proponent of multiple, passive sources of income and protecting the commodity of time, he believes financial freedom is achievable through commercial real estate investment. Flowers Capital is fully intent on achieving those goals for its investors. Eric considers himself a life-long learner. He believes in the entrepreneurial spirit and understands the realities of that life path. His greatest strengths include curiosity, personal accountability, and resilience. Real estate investing is truly a labor of love for Eric, but he also thoroughly enjoys fly fishing, traveling, and his Labrador Retriever, Baron.

Summary

In this episode of the Gentle Art of Crushing It podcast, host Randy Smith interviews Eric Burns, founder of Flowers Capital. They discuss the current market conditions for passive investors, Eric's journey from active real estate investing to capital raising, and the importance of due diligence in selecting deals. Eric shares insights on navigating market cycles, building relationships with operators, and the significance of believing in the deals presented to investors. The conversation emphasizes the goal of achieving financial freedom through passive income and the evolving strategies in the real estate investment landscape.

Chapters

00:00 Introduction to Passive Investing and Market Conditions

02:59 Eric Burns' Journey to Capital Raising

05:59 The Transition from Active to Passive Investing

08:49 Understanding Capital Raising and Deal Structuring

12:03 The Importance of Due Diligence in Investments

15:00 Navigating Market Cycles and Operator Relationships

17:47 Future Goals and Strategies for Financial Freedom

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Zander Kempf is a RV and Glamping Resort focused developer through his firm, Clear Summit Investments. Zander’s strategy involves adding value and expanding midsize resorts that are ideal for professional management but remain outside the scope of institutional competition. By rolling up, stabilizing, and branding these properties, Zander aims to create a unique portfolio that reflects his company's adventurous spirit, providing freedom to investors through long term cash flow, and ultimately positioning it for an institutional exit. He is a former US Army officer and paratrooper with an Iraq deployment, and served in Special Forces.

Contact Info:

zander@clearsummitinvest.com

Links:

Website

Insta

Youtube

Linkedin

Tiktok

Facebook

Twitter

Summary

In this episode of the Gentle Art of Crushing It podcast, host Randy Smith interviews Zander Kempf, founder and CEO of Clear Summit Investments, who specializes in RV and glamping resorts. They discuss the current market conditions for passive investors, Zander's journey from military service to real estate investing, and the unique opportunities within the RV park sector. Zander explains the business model of RV resorts, including revenue streams and the importance of long-term debt structures. The conversation also covers the tax advantages of RV investments, market trends, and key questions for investors to consider when evaluating opportunities in this asset class.

Chapters

00:00 Market Conditions and Passive Investment Opportunities

03:02 Zander Kempf's Journey and Investment Background

05:54 Transitioning to RV and Glamping Resorts

09:00 Understanding RV Parks and Resorts

11:53 Revenue Streams and Business Model of RV Resorts

14:54 Debt Structures in RV Investments

17:55 Investment Strategy and Fund Structure

20:46 Tax Advantages of RV Investments

24:02 Market Trends and Economic Resilience

27:07 Due Diligence and Key Questions for Investors

29:51 Final Thoughts and Resources for Passive Investors

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Zihao Wang is the CEO at Motiva Holdings, a vertically-integrated multifamily development firm. Zihao embarked on his real estate journey alongside his family in his teenage years. He began by being the property manager of his family’s assets, handling tasks from collecting rents, conducting repairs, and maintaining tenant relationships, before moving onto the acquisitions and capital markets side. Currently, Zihao leads the Diligence and Operations divisions and is responsible for the strategic decisions within MH.

Outside of MH, Zihao is actively involved in the Urban Land Institute (ULI), National Multifamily Housing Council (NMHC), and other real estate associations. He is an active speaker at multiple events and conferences including IMN, iGlobal Forum, etc.

Summary

In this episode of the Gentle Art of Crushing It podcast, host Randy Smith interviews Zihao Wang, founder and CEO of Motiva Holdings. They discuss the current state of the real estate market, particularly for passive investors, and explore Zihao's journey into multifamily syndication. The conversation covers strategies for navigating California's unique challenges, the importance of expanding into new markets, and innovative approaches like ADUs. Zihao shares insights on the current market conditions, future outlook, and valuable advice for new passive investors.

Chapters

00:00 Market Overview and Passive Investment Opportunities

02:51 Zihao Wang's Journey into Real Estate

08:41 Expanding Beyond California: New Market Strategies

12:22 Navigating California's Unique Challenges

15:35 Innovative Strategies: ADUs and Mixed Development

19:23 Current Market Conditions and Future Outlook

24:01 Advice for New Passive Investors

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Meet Akash Jain, a seasoned entrepreneur with over 30 years of experience who skillfully blends roles as a fund manager, entrepreneur, strategist, and technologist. After successfully exiting his healthcare startup in 2019, Akash has dedicated his efforts to assisting friends and family in building generational wealth through savvy investments.

Since 1999, Akash has diversified his portfolio across commercial real estate, startups, oil and gas, and solar energy. As an influential figure in investment circles, he has contributed to over 100 startups as an angel investor, mentor, and general partner in a Silicon Valley seed-stage startup fund. His expertise in commercial real estate is extensive, with investments spanning multifamily units, retail spaces, land, short-term rentals, car washes, office spaces, and single-family homes, boasting over 600 multifamily units as a lead sponsor.

Akash is the visionary Founder and CEO of Multi Asset Generational, a dynamic real estate and private equity fund. Alongside his dedicated team, he collaborates with private equity firms and family offices to syndicate, develop, and invest in various projects, including a recent partnership with an India-based private equity and venture capital fund focusing on startups and unicorns.

Further expanding his investment scope, Akash co-founded the Karma Energy Fund, focusing on highly selective oil and gas exploration investments. Currently, he manages over $100 million in assets.

Akash earned an MBA in Entrepreneurship from the Kelley School of Business at Indiana University and a Bachelor of Engineering in Computer Science from Pune University.

Family is central to Akash's life; he resides in Frisco, TX, with his high school sweetheart and their two sons, nurturing the next generation of thinkers and leaders.

Connect with Akash at 972-645-4321 or akash@multiassetgenerational.com

Summary

In this episode of the Gentle Art of Crushing It podcast, host Randy Smith interviews Akash Jain, a multifamily operator and managing partner of a multi-asset generational fund. They discuss current market conditions, opportunities for passive investors, and Akash's unique strategies in multifamily investing. Akash shares insights on the importance of community in property management, his transition from healthcare to real estate, and his approach to investing in startups and AI. The conversation emphasizes the significance of due diligence and investor education in navigating the real estate and startup landscapes.

Chapters

00:00 Market Conditions and Opportunities for Passive Investors

10:01 Akash Jain's Journey and Multifamily Investment Strategy

20:00 Investing in Startups and AI: A New Frontier

30:06 Due Diligence and Investor Education

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Tyler Jordan is a managing partner at The Nova Haus with over a decade in the real estate industry as an investor, project manager and now operator. Tyler boasts a remarkable global footprint having lived and worked in 30+ countries to date and whose life revolves around 3 things: Bringing next generation real estate to the market, his wife Madison and the concept of being 1% better everyday. Tyler is originally from Australia, but splits his time between the USA and Australia.

Chapters

00:00 Introduction to Luxury Resort Development

05:01 The Evolution of Corporate Retreats

09:59 Building a Community for Success

15:09 Navigating International Real Estate

20:04 Investment Opportunities in Costa Rica

22:02 Ownership and Financing in Costa Rica

24:00 Investment Structure and Returns

26:04 Tax Implications for Investors

28:03 Investor Engagement and Access

29:50 Finding Opportunities and Resources

31:59 Personal Growth and Learning in Investing

34:08 Bucket List and Future Aspirations

Summary

In this episode of the Gentle Art of Crushing It podcast, host Randy Smith interviews Tyler Jordan, managing partner of the Nova House Real Estate Fund, which specializes in developing luxury resorts for corporate retreats. Tyler shares his journey from Australia to the U.S. and how he discovered the potential of managing real estate projects remotely. The conversation delves into the evolution of corporate retreats, the importance of building a supportive community, and the unique advantages of investing in international real estate, particularly in Costa Rica. Tyler emphasizes the significance of having the right team and connections to navigate the complexities of real estate development. In this conversation, Tyler Jordan discusses the advantages of investing in real estate in Costa Rica, highlighting the cost efficiency of building properties compared to the US. He explains the ownership rights for foreigners, the structure of their investment deals, and the expected returns. The conversation also touches on tax implications, investor engagement strategies, and the importance of personal growth in the investment journey. Tyler shares insights on the significance of due diligence and the value of taking action in passive investing.

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

👩 ABOUT ME:

Greetings! I'm Vinki Loomba, a successful entrepreneur and strategist with a diverse background in commercial real estate, Information Technology, and academia. As the Founder & CEO of Loomba Investment Group, a leading private equity/investment firm specializing in real estate syndications, I've seamlessly transitioned from a highly experienced IT professional and professor to a full-time Real Estate Investor. At Loomba Investment Group, we are dedicated to igniting the journey of professionals towards financial freedom through comprehensive education and unwavering support.

💡 MY UNIQUE CONTRIBUTION

I'm not just an expert in strategic planning and management—I possess a unique ability to see the bigger picture and connect the dots. With a profound understanding of both corporate and business environments, I'm well-acquainted with the distinct challenges faced by busy professionals.

🏘️ MY REAL ESTATE EXPERTISE

My goal is clear: provide investors with the knowledge to make astute decisions aligned with their long-term financial goals, paving the way for unparalleled financial success. Holding both General Partner (GP) and Limited Partner (LP) stakes in multiple value-add and development deals, I'm deeply invested in your prosperity.

🎙️ THE REAL ESTATE VIBE

Step into the dynamic world of real estate with The Real Estate Vibe Show! Join me for inspiring conversations with esteemed entrepreneurs, investors, and other experts, offering expert advice and incredible insights on personal growth and mindset.

🌍 DRIVEN BY A MISSION

Beyond business, I am also a philanthropist, supporting multiple charities geared towards women and children. My overarching mission is to touch one million lives in a meaningful way. I firmly believe that with unwavering focus and commitment, any idea can be transformed into reality. My passion extends to exploring different cultures worldwide.

🔗 CONNECT WITH ME

For more information and to explore collaborative opportunities, connect with me at:

https://linktr.ee/loombainvest

Chapters

00:00 Introduction to Vinki Loomba

02:28 Transitioning from IT to Real Estate

05:11 Exploring Passive Investing

09:52 Understanding Self-Directed IRAs

16:35 The Journey of Lumba Investment Group

21:31 Philanthropy and Impact Investing

25:31 The Importance of Education in Investing

32:46 Advice for New Passive Investors

38:59 Personal Growth and Bucket List Achievements

Takeaways

Vinki transitioned from IT to real estate, leveraging her corporate experience.

She emphasizes the importance of education in real estate investing.

Passive investing can provide financial independence without the active management burden.

Self-directed IRAs allow for greater control over investment choices.

Vinki's goal is to impact one million lives through her investments and philanthropy.

Networking and finding a community are crucial for new investors.

Understanding exit strategies is vital for successful investments.

Fear often stems from a lack of knowledge and understanding.

Real estate investing is a long-term commitment, not a quick win.

Personal growth experiences, like skydiving, can shift perspectives on life.

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

Lonnie Hendry is the Chief Product Officer at Trepp, leading a global team responsible for developing and commercializing Trepp’s suite of CRE, CMBS, and CLO products. Since joining in 2019, Lonnie has spearheaded product innovation and business growth, launching multiple successful offerings that help clients achieve strategic goals.

He also co-hosts The TreppWire Podcast, a popular CRE podcast with over 1.1 million listens. Recognized for his industry insights, Lonnie is frequently cited by major publications like The Wall Street Journal and Commercial Observer.

With 22 years of experience in the commercial real estate industry, Lonnie's expertise spans multifamily management, leasing, brokerage, and appraisal. He is also an adjunct faculty member at Texas Tech University, teaching real estate courses and mentoring future professionals.

Lonnie holds a Master’s in Real Estate from the University of Texas at Arlington and serves on several advisory boards, contributing to industry leadership and education.

Keywords

commercial real estate, technology, passive investing, market trends, distressed properties, due diligence, multifamily investments, real estate education, investment strategies, CRE insights

Summary

In this episode, Randy Smith interviews Lonnie Hendry, Chief Product Officer at TREP, who shares his extensive experience in commercial real estate and the evolving role of technology in the industry. They discuss the cyclical nature of real estate markets, the importance of due diligence for passive investors, and the opportunities presented by distressed properties. Lonnie emphasizes the need for investors to educate themselves and ask the right questions to navigate the current market landscape effectively. The conversation also highlights the resilience of the commercial real estate sector and offers insights into future trends and investment strategies.

Chapters

00:00 - Introduction to Lonnie Hendry and His Background

02:34 - The Intersection of Technology and Commercial Real Estate

04:43 - Market Trends and the Cyclical Nature of Real Estate

09:22 - Understanding Distressed Properties and Buying Opportunities

12:51 - Challenges in Turning Around Distressed Assets

17:09 - Due Diligence for Passive Investors

23:38 - Positive Outlooks and Market Resilience

29:35 - Advice for Passive Investors in Today's Market

36:39 - Educational Resources and Final Thoughts

RANDY SMITH

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor