loader from loading.io

JF1359: When No One Else Will Lend To You, This Guy Can Help with Michael Chelala

Best Real Estate Investing Advice Ever

Release Date: 05/23/2018

JF3532: Mastering Work-Life Harmony, Capitalizing on Multi-Family Ventures, and Harnessing Local Market Trends ft. Phil Moeller show art JF3532: Mastering Work-Life Harmony, Capitalizing on Multi-Family Ventures, and Harnessing Local Market Trends ft. Phil Moeller

Best Real Estate Investing Advice Ever

Phil Moeller, an Ohio investor, discusses transitioning from single-family to multifamily real estate. He highlights key profit strategies: cash flow, appreciation, and tax benefits, emphasizing the importance of clear goals and starting small. Phil Moeller | Real Estate Background Moeller Real Estate Based in: Dayton, OH Say hi to him at:  Best Ever Book:  Go Giver by Bob Burg Sponsors:

info_outline JF3531: Unveiling Financial Discrepancies and Mastering the Art of Multifamily Financial Due Diligence — The Due Diligence Show ft. Mark Teravella show art JF3531: Unveiling Financial Discrepancies and Mastering the Art of Multifamily Financial Due Diligence — The Due Diligence Show ft. Mark Teravella

Best Real Estate Investing Advice Ever

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Mike Taravella highlights the importance of financial due diligence in multifamily real estate investing. He stresses verifying financial reports against bank statements to identify discrepancies or fraud. Sponsors:

info_outline JF3530: Building Financial Foundations for Passive Investors and Understanding Active and Passive Investment Roles ft. Whitney Elkins-Hutten show art JF3530: Building Financial Foundations for Passive Investors and Understanding Active and Passive Investment Roles ft. Whitney Elkins-Hutten

Best Real Estate Investing Advice Ever

Whitney Elkins-Hutten discusses her dual role as the Director of Investor Education at passiveinvesting.com and the founder of Ash Wealth. She focuses on educating busy professionals on how to manage and grow their investment portfolios, emphasizing the importance of financial foundations for successful investing. Her work supports investors in multifamily units, self-storage units, and car washes, aiming to help them achieve better financial outcomes while continuing their professions. Whitney Elkins-Hutten | Real Estate Background Founder of Ashwealth.com Based in: Boulder, CO Say hi to him...

info_outline JF3529: Surviving Rising Interest Rates, Tax Abatement Strategies, and the Impact of Market Cycles on Real Estate Investments ft. Rick Martin show art JF3529: Surviving Rising Interest Rates, Tax Abatement Strategies, and the Impact of Market Cycles on Real Estate Investments ft. Rick Martin

Best Real Estate Investing Advice Ever

Rick Martin, founder of Fortress Federation, discusses adapting to market changes amid rising interest rates and investor uncertainty. He shares risk mitigation strategies like tax abatement deals and underwriting, while emphasizing real estate's long-term value and the importance of giving back. Rick Martin | Real Estate Background Fortress Federation Based in: Redondo Beach, CA Say hi to him at:     Sponsors:

info_outline JF3528: Scaling Mobile Home Park Investments, Strategic Hiring Practices, and Why Strong Leadership Is the Key to Real Estate Success ft. Pasha Esfandiary show art JF3528: Scaling Mobile Home Park Investments, Strategic Hiring Practices, and Why Strong Leadership Is the Key to Real Estate Success ft. Pasha Esfandiary

Best Real Estate Investing Advice Ever

Pasha Esfandiary, CEO of Evoke Capital, discusses the growth of his mobile home park business, emphasizing strategic hiring, investor relations, and clear communication. He focuses on markets in Georgia, Alabama, and Texas, advocating for tenant-owned homes. Pasha advises new investors to work with experienced operators and highlights the importance of reading people in both real estate and poker. Pasha Esfandiary | Real Estate Background  Evoke Capital Based in:  Los Angeles, CA Say hi to him at:  Sponsors:

info_outline JF3527: Build-to-Rent Townhomes vs. Traditional Value-add and How to Break Into Ground-Up Infill Development ft. Josh Green show art JF3527: Build-to-Rent Townhomes vs. Traditional Value-add and How to Break Into Ground-Up Infill Development ft. Josh Green

Best Real Estate Investing Advice Ever

Josh Green focuses on build-to-rent townhome developments in Salt Lake City, highlighting their demand post-COVID and benefits like tax advantages and lower costs. He emphasizes flexible investment timelines and the importance of a skilled team for successful projects. Josh Green | Real Estate Background Alchemy Design + Development Traverse Capital Based in: Salt Lake City, UT Say hi to him at:  Sponsors:

info_outline JF3526: Navigating Hotel Investing, Maximizing Revenue with PIPs, and Transitioning to Multifamily Investments ft. Hait Patel show art JF3526: Navigating Hotel Investing, Maximizing Revenue with PIPs, and Transitioning to Multifamily Investments ft. Hait Patel

Best Real Estate Investing Advice Ever

Hait Patel from the DeRosa Group discusses his experience in hotel and multifamily property acquisitions. He covers the challenges and trends in the hospitality industry, the impact of Airbnb, and the shift towards boutique hotels. Patel also explains the advantages of multifamily investing, noting its lower risk and broader market appeal, and emphasizes the importance of long-term investment strategies and portfolio diversification. Hait Patel | Real Estate Background DeRosa Group Based in: Minneapolis, MN Say hi to him at:  Sponsors:

info_outline JF3525: Cash-Flowing from Day One While Playing the Long Game in Mobile Home Park Investing ft. Joshua Condado and Colin Davis show art JF3525: Cash-Flowing from Day One While Playing the Long Game in Mobile Home Park Investing ft. Joshua Condado and Colin Davis

Best Real Estate Investing Advice Ever

Joshua Condado and Colin Davis, full-time nurses who also invest in mobile home parks, join host Joe Cornwell on the Best Ever Show. In this episode, Joshua and Colin discuss starting in single-family residential real estate before leveling up into medium-sized mobile home parks. They share their strategies for building relationships to secure off-market deals, how creative financing allows them to cash flow from day one, and how they invest in real estate while maintaining their careers as nurses, at least for now. Joshua Condado and Colin Davis | Real Estate Background All Day Investments...

info_outline JF3524: The RIGHT Way to Conduct a Proper Multifamily Lease Audit — The Due Diligence Show ft. Sean Thompson show art JF3524: The RIGHT Way to Conduct a Proper Multifamily Lease Audit — The Due Diligence Show ft. Sean Thompson

Best Real Estate Investing Advice Ever

Welcome to the Due Diligence Show, a new Best Ever series featuring deep dives into every aspect of the due diligence process. In this series, our host, Slocomb Reed, will interview expert guests to uncover their stories, tips, and strategies to give you the information you need to master the due diligence process. In this episode, Sean Thompson, director of property management operations at Property Management Stewards, joins Slocomb to discuss how to properly conduct a multifamily lease audit. Sean Thompson | Real Estate Background Director of Property Management Operations-Property...

info_outline JF3523: Distressed Deals, Outsourcing vs. In-House Property Management, and the Variances in Triple-Net Leases ft. Calvin Chin show art JF3523: Distressed Deals, Outsourcing vs. In-House Property Management, and the Variances in Triple-Net Leases ft. Calvin Chin

Best Real Estate Investing Advice Ever

Calvin Chin, founder of Zen Coast Capital, joins host Ash Patel on the Best Ever Show. In this episode, Calvin discusses the pain points of outsourcing property management, acquiring a $21 million 150-unit multifamily property, and capitalizing on distressed deals in 2024. He also discusses branching out beyond multifamily, testing the waters of triple-net leases, and more.   Sponsors:

info_outline
 
More Episodes

Michael and his team deal with large development projects and large apartment community owners. Michael, through the company Equicap, specializes in getting creative and financing tough situations that most other lenders will not touch. They also lend in normal situations, and can help almost anyone looking for capital for real estate. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

 

Best Ever Tweet:

“You have to look for hairy deals, that’s the best way that you can find golden opportunities” - Michael Chelala

 

Michael Chelala Real Estate Background:

  • Entrepreneur who loves pursuing a great idea and turning it into a reality
  • Director of Originations for Equicap, a real estate investment banking firm
  • Able to effectively structure financing for complex real estate transactions
  • Based in New York, NY
  • Say hi to him at www.m-equicap.com  
  • Best Ever Book: Like a Virgin by Richard Branson

 

Join us and our online investor community: BestEverCommunity.com

 

Made Possible Because of Our Best Ever Sponsor:

List and manage your property all from one platform with Rentler. Once listed you can: accept applications, screen tenants, accept payments and receive maintenance tickets all in one place - and all free for landlords. Go to tryrentler.com/bestever to get started today!