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Hosted by Dr. Jason Balara, this podcast aims at helping professionals finding their own purpose in life and create alternatives streams of income in order to reach their maximum potential.
Episodes
Friday Aug 25, 2023
Friday Aug 25, 2023
Have you ever dreamed about making a major transition into the prosperous world of multifamily real estate investing? Prepare yourself to get a taste of that reality in our enriching conversation with James Kandasamy, an award-winning multifamily operator, developer, and industry thought leader. Originally from Malaysia, James shares his enthralling journey that led him to the US and subsequently into successfully shifting from single-family to multifamily real estate investing.
James has managed to carve a niche by focusing on value-add and deep value-add multifamily investments as they tend to be more lucrative than single-family units. With a streak of determination and an appetite for challenging the "deeper, difficult stuff", he reveals his impressive strategy that allowed him to independently raise a staggering 80 million dollars. His insights on the real estate market trends are invaluable, especially about variable and fixed rate loans and how they are impacting the industry.
In this episode, we also explore James's passion for creating generality wealth through passive investing and his commendable commitment to philanthropy. His meticulously crafted approach to property management and growth is a lesson for all budding as well as experienced investors. James's story is a testament to hard work and perseverance. So, tune in to this power-packed conversation and let yourself be inspired by James's journey and his insights into the multifamily real estate market.
JAMES'S BIO:
James is an award-winning multifamily operator, developer, industry thought leader, and CEO of Achieve Investment Group. He has authored two best-selling books “Passive Investing In Commercial Real Estate” and “Smarter Doctors - You Work Hard, Make Your Money Work Harder!”. He’s also the host of a popular Achieve Wealth podcast.
To date, James has identified, underwritten, and overseen the acquisition process of over $517M of quality multifamily investments (19 Assets), and still growing. He has also led passive investors to an average IRR of more than 20% in past deals. His creative and dynamic multifamily management strategies led to the creation of 6 passive investor millionaires in 2022.
GET IN TOUCH WITH JAMES:
www.achieveinvestmentgroup.com
www.passiveinvestinginrealestate.com
EPISODE CHAPTERS:
(0:00:00) - Scaling Multifamily Real Estate for Success James Kandasamy shares his journey from Malaysia to the US, and how he successfully transitioned from single-family to multifamily real estate investing, achieving an average IRR of greater than 20%.
(0:13:14) - Investing in Commercial Real Estate James Kandasamy shares his journey, stresses importance of difficult work, articulating truth for investments, and his slow and steady approach to growth.
(0:19:45) - Real Estate Market Trends and Opportunities Variable rate loans put sellers at risk, while fixed rate loans offer protection in a rising interest rate environment.
(0:29:28) - "Ambassador Programs and Passive Investing" James shares his successful real estate business, Chief Cast foundation, writing books, and plans for passive investing.
(0:40:50) - Knowing Your "Why" James Kandasamy's journey, variable rate loans, fixed rate loans, and interest rates discussed to reach maximum potential.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Aug 23, 2023
Wednesday Aug 23, 2023
Are you interested in climbing the ladder of real estate investment? Then this is an episode you cannot afford to miss! We chat with accomplished real estate investor and syndicator, Chad Schieler, who shares his inspiring journey of transitioning from a career in electronic payments to scaling his real estate portfolio to a staggering 140 units in just three years.
What if the key to overcoming analysis paralysis was simply taking action? Allow Chad to guide you through his unique experience of buying his first property, the invaluable lessons he learned along the way, and the nuanced art of creating value and attracting investors. We also explore his innovative strategies in property management and scaling, with a particular focus on the significance of inspections, the challenges of collaborating with smaller management companies, and the potential benefits of investing in tertiary markets.
If you've ever wondered how to turn the rough patches into golden opportunities in real estate, Chad shares his insights on this very topic. Hear about his optimistic plans for his company's future and his intentions to refine their processes and systems in 2023. This episode will surely provide you the knowledge and inspiration you need to take your real estate investing game to the next level. So, let's get started on this exciting journey!
CHAD'S BIO:
Chad Schieler is a driven, accomplished real estate investor and syndicator in the Indiana market. Prior to real estate, he spent 17 years in the electronic payments industry building a book of business from zero to 7-figures annually. Today he is scaling the real estate business and building a local team. His real estate portfolio includes 140 units as GP and over 900 as LP. In his spare time, he travels and enjoys all watersports.
GET IN TOUCH WITH CHAD:
www.linkedin.com/chad-schieler
EPISODE CHAPTERS:
(0:00:00) - Real Estate Investor's Journey and Strategies Chad Schieler took action to buy a property, overcame analysis paralysis, and scaled his portfolio to 140 units in three years.
(0:07:12) - Lessons From Property Management and Scaling Chad and I discuss rental property inspections, scaling up, investing in tertiary markets, and structuring deals.
(0:13:49) - Real Estate Investor Attraction During Hard Times Chad and I discuss risks, sponsorships, hard times, opportunities, and refining processes for 2023.
(0:20:05) - Preparing for Opportunities in Real Estate Chad and I discussed taking advantage of opportunities, measuring activity, being proactive, and the importance of asking.
(0:29:20) - Getting Started in Real Estate Chad and I discuss time freedom, water sports, electronic payments, mentors, and real estate investments.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Aug 18, 2023
Friday Aug 18, 2023
Episode Summary: Join us for a stimulating conversation with Tom Dunkel, a real estate investor and mindset specialist with 25 years of industry experience. Listen as he shares his intriguing journey from corporate mergers and acquisitions to the establishment of Bellrose Asset Management. Hear firsthand how he leveraged his experience in corporate America and knowledge of capital raising to succeed in the challenging realm of real estate.
Get inspired by Dunkel's approach of underpromising and overdelivering in real estate investing. He emphasizes the importance of thorough research, robust financial modeling, and the ability to defend your models to investors. Plus, you'll hear his experience of building a team from scratch, navigating the world of residential wholesaling, and his venture into the self-storage industry. Dunkel's mindset of 'who, not how' could be the key to filling the gaps in your own team.
Tune in to understand the current challenges and opportunities in the self-storage market. Dunkel explains the supply and demand curve optimization strategies to maximize unit revenue. Also, hear his personal journey as an empty nester and his pursuits in personal growth, including his passion for music. Finally, Dunkel shares his three keys to success in real estate investing and provides a glimpse into the ever-changing self-storage market.
Don't miss this chance to hear from an industry veteran and gain invaluable insights into the world of real estate investing.
Tom's Bio:
With a background in finance and 25 years of real estate and investment experience, Tom brings extensive expertise to Belrose Asset Management. From startup to world-class organization, Tom specializes in discounted nationwide asset opportunities since 2006. His financial savvy, open communication, and integrity help alternative investors achieve wealth-building goals. Tom is the Managing Director of Belrose Storage, a seasoned team acquiring underperforming self-storage facilities in the eastern U.S. Turning assets around, they achieve high-teens, tax-advantaged returns for high-net-worth equity partners in 2-3 years.
Get in touch with Tom:
Episode Chapters:
(0:00:00) - From Mergers to Real Estate Tom Dunkel shares his journey from corporate America to founding Bellrose Asset Management, offering insight into creating success and fulfillment.
(0:05:30) - Underpromising, Overdelivering in Real Estate Investing Tom Dunkel shares his experience transitioning to real estate investing, emphasizing research, financial modeling, and under-promising/over-delivering.
(0:11:36) - Building a Real Estate Team Tom transitioned from finance to real estate investing, wholesaling, rentals, fix and flip, distressed mortgage notes, and self-storage, partnering with Joe Downs to form US Mortgage Resolution.
(0:24:16) - Challenges and Opportunities in Self-Storage Self-storage market challenges include optimizing supply/demand, managing variable rate loans, and maximizing revenue.
(0:39:37) - Empty Nesters and Pursuing Personal Growth Tom Dunkel shares his transition from corporate finance to real estate investing, his wannabe rock and roll hobby, and a free ebook for investors.
(0:44:41) - Three Keys to Success Tom Dunkel shares his three keys to success in real estate investing: niche, team, and education.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Aug 16, 2023
Wednesday Aug 16, 2023
Episode Summary:
On this exciting episode of the Know Your Why Podcast, we sit down with the impressive Shannon Robnett. With over 25 years of experience in the construction and development industry, Shannon shares valuable insights and lessons learned from her journey. Listen in as Shannon reveals how her childhood experiences influenced her career trajectory, the transition from corporate America to entrepreneurial life, and the critical skills needed for success.
We explore the ins and outs of ground-up development and how to create solutions by understanding the needs of people and creating a budget that attracts individuals to the project. Shannon shares her experiences with multifamily and industrial projects, the process of reverse engineering projects, and the significance of establishing relationships with banks and general contractors. Also, we delve into the process of obtaining entitlements and zoning for projects and the importance of de-risking.
The episode continues as we navigate the world of industrial buildings, exploring how they offer advantages to landlords, tenants, and investors. Shannon shares valuable insights about industrial tenants and multifamily tenants, their needs, budgets, and leases. As we round up the episode, Shannon expresses her passion for helping investors understand how to achieve financial freedom and the power of turning a hobby into a tax savings. Tune in for a truly enlightening conversation!
Shannon's Bio:
With over 25 years of experience, Shannon has been involved from start to finish on over $350MM in construction projects such as multi-family, professional office buildings to city halls, fire and police stations, schools, industrial projects and mini storage. Along with his knowledgeable team at Shannon Robnett Industries (SRI), Shannon is dedicated to sharing his expertise and delivering top-quality projects that bring numerous passive income streams to his syndicate partners.
Get in touch with Shannon:
Website: https://shannonrobnett.com/
Linkedin: https://www.linkedin.com/in/shannonrobnett/
Instagram: https://www.instagram.com/shannonrayrobnett/
Facebook: https://www.facebook.com/shannon.robnett.1
Episode Chapters:
(0:00:00) - Know Your Why Podcast Shannon Robnett shares her experience in construction, transition from corporate to entrepreneurial life, and the skills needed to succeed.
(0:09:44) - Ground-Up Development Shannon Robnett shares her experience in ground up development, creating a team, reverse engineering projects, budgeting, building relationships, and obtaining entitlements.
(0:18:39) - Real Estate Development Risks and De-Risking De-risking is important, leveraging the timeline, avoiding change orders, labor and material shortages, and experience.
(0:25:55) - Industrial Real Estate Leasing Advantages We examine industrial buildings, tenants, traffic patterns, multifamily tenants, leverage, and interest rates.
(0:36:03) - Financial Freedom Through Education and Real Estate Helping investors achieve financial freedom, real estate investing, and networking for success.
(0:41:12) - Value and Inspiration in Real Estate Turning real estate investing into tax savings to achieve financial freedom with industrial buildings and tenants.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Aug 11, 2023
Friday Aug 11, 2023
Sam was born and raised in St. Louis, MO. Following the conventional path, he secured a corporate job for a reasonable income. Yet, amidst the grind of a demanding 50-hour workweek, an unsavory boss, and the desire for more family time, he felt a pull for something greater. Real Estate emerged as his solution. Through tenacity, he conquered setbacks, accumulating $45 million in assets, 150+ rental properties, over 1,000 property flips, and establishing a property management enterprise all within 9 years, all achieved without personal capital. This triumph granted him the cherished freedom he yearned for. This odyssey led him to establish FasterFreedom, a platform designed to share his journey and empower others to attain akin financial autonomy through real estate. His guidance is rooted in practical experience, ensuring that his advice is current and effective.
Get in touch with Sam:
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Aug 09, 2023
Wednesday Aug 09, 2023
Kaaren Hall, CEO uDirect IRA Services, LLC and OCREIA Despite being in the midst of a recession and mortgage market collapse, Kaaren Hall founded and made a resounding success of uDirect IRA Services. She discovered a strategic way to put her 20+ years in mortgage banking, real estate, and property management to use. The solution was an untapped market for both her skills and for investors – self-directed IRAs. Through uDirect IRA, she has guided tens of thousands of Americans through the process of diversifying their investments using self-directed IRAs with $1B+ Under Management. Learn more about Hall and her thriving company at uDirectIRA.com.
Get in touch with Kaaren:
https://www.facebook.com/uDirectIRA
https://twitter.com/uDirectIRA
https://www.instagram.com/udirectiraservices/
https://www.linkedin.com/company/851967
https://www.youtube.com/c/uDirectIRA
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Aug 04, 2023
Friday Aug 04, 2023
Charlie Hardage worked in the corporate world for over 12 years in IT Sales. He worked with household names like Google, Dell, and AWS. Charlie spent 5 years in the US Army as an Infantry team leader earning a Combat Infantryman Badge and Purple Heart. He has been investing in real estate since 2017 and is the Co-Founder of H&K Investment Group. Charlie is a part owner in over 1,050 doors across 6 properties. In 2022, he left his full-time job to pursue real estate full-time. His company works with passive investors and helps them achieve financial freedom through cash-flowing properties.
Get in touch with charlie:
https://www.linkedin.com/in/charleshardage/
https://open.spotify.com/show/2MM1empAITxm2RrAkQ1BmQ
https://www.facebook.com/charlie.hardageiii/
https://www.youtube.com/@buildwealthinrealestate
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Aug 02, 2023
Wednesday Aug 02, 2023
Jennings is the CEO of My First Million in Multifamily, co-creator of the coaching and mentor program The Deal Room and the host of Unlock Your Life Podcast. In 2013, Jennings started to purchase rental real estate, and in 2019 moved into commercial real estate, amassing a portfolio of apartment complexes, self storage, and mobile home parks. In three years, his portfolio has grown to over $60,000,000 in value, comprising over 1500 rental units, with $800,000 a month in rents collected.
Jennings’ passion for real estate and business has blossomed into the education company, My First Million In Multifamily. Boasting the fastest growing and most engaged community on Facebook, the group has over 24,000 members in less than 2 years. With over 300 subscribers paying monthly, his courses and educational products have broken $750,000 in revenue in less than a year. Jennings and his business partner, Yeadon Smith, host a weekly show in the group, as well as running their mentoring program, The Deal Room. Applicants who are accepted into this elite program gain access to their full multifamily course, with live mentoring.
Get in touch with Jennings:
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Jul 28, 2023
Friday Jul 28, 2023
Caleb Johnson, an entrepreneur who embarked on his journey at the tender age of 18. Caleb's impressive portfolio includes managing assets like 30 units in Albuquerque, New Mexico, acquired in June 2022, 16 units in Oklahoma City, obtained in February 2022, 40 units in Las Cruces, secured in July 2022, and a whopping 12,000 square feet of retail space in Casa Grande, Arizona, acquired in December 2021.
Not stopping there, Caleb's achievements continued to soar. Before the age of 25, he had already acquired over $9 million worth of real estate assets. As a true testament to his ambition and dedication, Caleb is the founder of the acclaimed "From Trial to Triumph" podcast, where he has interviewed influential leaders in various fields.
Driven by his faith-based principles, Caleb is committed to serving investors and building lasting relationships. His passion for entrepreneurship and unwavering dedication make him a force to be reckoned with in the world of real estate. Let's give a warm welcome to Caleb Johnson, a true inspiration for aspiring entrepreneurs and investors alike.
Get to know Caleb:
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Jul 26, 2023
Wednesday Jul 26, 2023
Amy Sylvis is the founder and principal of Sylvis Capital, a real estate firm that invests in large commercial real estate properties in emerging markets throughout the United States. Accredited and non-accredited investors appreciate investing alongside her to take advantage of not only her extensive experience, but also her detailed research and exclusive relationships.
Sylvis Capital offers commercial real estate investment opportunities without the day to day hassles of owning real estate while generating strong returns.
Sylvis Capital currently has over 748 apartment units, 208,000 square feet of flex industrial space, and $96M worth of assets under management.
Get in touch with Amy:
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/