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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

JF3522: Investor Sentiment in 2024, Affordable Housing, and the Demographic Tailwinds Driving Mobile Home Parks ft. Chris Larsen show art JF3522: Investor Sentiment in 2024, Affordable Housing, and the Demographic Tailwinds Driving Mobile Home Parks ft. Chris Larsen

Best Real Estate Investing Advice Ever

Chris Larsen, founder of Next Level Income, joins host Slocomb Reed on the Best Ever Show. In this episode, Chris discusses affordable housing, opportunistic investing, and the demographic tailwinds that drive mobile home parks. He also explains why, when he used to underwrite 100 deals to find a great deal, he’s now underwriting 400 before he finds one. Chris Larsen | Real Estate Background Founder, Next Level Income Based in:  Asheville, NC Say hi to him at:  https://nextlevelincome.com/ Best Ever Book: The Secret Life of Real Estate and Banking by Phillip J. Anderson ...

info_outline JF3521: The Unsung Heroes Most Responsible for Executing Your Value-Add Business Plan ft. Kyle McKinney show art JF3521: The Unsung Heroes Most Responsible for Executing Your Value-Add Business Plan ft. Kyle McKinney

Best Real Estate Investing Advice Ever

Kyle McKinney, CRE investor and founder/coach at Pentagon Property Academy, joins host Slocomb Reed on the Best Ever Show. In this episode, Kyle discusses the nuances of asset management, including the division of labor between property managers and asset managers and why asset managers are the experts most responsible for executing a value-add business plan.   Sponsors:

info_outline JF3520: The Worst Thing You Can Do at a Conference and the Science Behind Finding Partners and Building a Team ft. Liz Faircloth show art JF3520: The Worst Thing You Can Do at a Conference and the Science Behind Finding Partners and Building a Team ft. Liz Faircloth

Best Real Estate Investing Advice Ever

Liz Faircloth, co-founder of InvestHER, joins host Slocomb Reed on the Best Ever Show. In this episode, Liz discusses her background in personality assessments, including the importance of identifying personality drivers, visionaries vs. integrators, and why you should seek opposite personalities when targeting partners, employees, brokers, and more. Previous Episode: Liz Faircloth | Real Estate Background Co-founder of The Real Estate InvestHER Based in:  Philadelphia, PA Say hi to her at:  IG: @therealestateinvesther Best Ever Book: Awaken the Giant within by Anthony Robbins ...

info_outline JF3519: Why Self-Storage Is Like Netflix, Raising Rents without Losing Tenants, and the Key to Creating Value ft. Jacob Vanderslice show art JF3519: Why Self-Storage Is Like Netflix, Raising Rents without Losing Tenants, and the Key to Creating Value ft. Jacob Vanderslice

Best Real Estate Investing Advice Ever

Jacob Vanderslice, principal of VanWest Partners, joins host Ash Patel on the Best Ever Show. In this episode, Jacob provides a comprehensive look at the state of self-storage. He breaks down the impact floating-rate debt has had on the sector, how securing financing has changed, and the changing face of self-storage demand. He also shares how he navigates the tricky world of rate increases with his tenants. Previous Episode: Jacob Vanderslice | Real Estate Background Principal, Investor Relations VanWest Partners Portfolio: 3.4 MM total square feet of self storage space, including just...

info_outline JF3518: Lies in the Media, Shocking the Market, and Why Retail Is on Fire While Multifamily Struggles — Best Ever Roundtable show art JF3518: Lies in the Media, Shocking the Market, and Why Retail Is on Fire While Multifamily Struggles — Best Ever Roundtable

Best Real Estate Investing Advice Ever

In this episode of the Best Ever Show, hosts Ash Patel, Slocomb Reed, and Joe Cornwell convene for another Roundtable. In this episode, the guys recap their biggest takeaways from the Best Ever Conference, including why interest rates aren’t coming down anytime soon, how the media’s clickbait culture has misled investors, and why retail vacancy is at an all-time low and non-residential real estate is on fire while the multifamily sector continues to struggle. . Sponsors:

info_outline JF3517: Cheat Codes to Accurately Assess Capital Expenditure Needs Ahead of an Acquisition — The Due Diligence Show ft. John Wilhoit, Jr. show art JF3517: Cheat Codes to Accurately Assess Capital Expenditure Needs Ahead of an Acquisition — The Due Diligence Show ft. John Wilhoit, Jr.

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, John Wilhoit Jr., an asset manager who owns 10,000 units, joins Slocomb to discuss how to assess capital expenditure needs ahead of an acquisition, including a case study breaking down what he’d expect in an old building, the challenges that property would...

info_outline JF3516: Tax Mistakes Investors Make that Drive CPAs Crazy, and How to Avoid Them ft. Kiyoshi Simon and Amanda Han show art JF3516: Tax Mistakes Investors Make that Drive CPAs Crazy, and How to Avoid Them ft. Kiyoshi Simon and Amanda Han

Best Real Estate Investing Advice Ever

Kiyoshi Simon and Amanda Han join host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss tax compliance, financial health checks, and why your tax strucutres need to evolve along wiht you and your real estate business. They also share the tax mistake investors make that drive CPAs crazy, and how to avoid them. Sponsors:

info_outline JF3515: The Retail Boom, Rent Control Risks, and the Truth About the Housing Shortage ft. John Chang show art JF3515: The Retail Boom, Rent Control Risks, and the Truth About the Housing Shortage ft. John Chang

Best Real Estate Investing Advice Ever

John Chang, head of research at Marcus and Millichap, joins host Joe Cornwell on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, John discusses the state of commercial real estate, including why retail is so hot right now, the state of the office market, and why multifamily investors in certain markets should be wary of rent control risks. He also breaks down the housing shortage, providing historical context and the truths most overlook. Sponsors:

info_outline JF3514: Partner Hunting, Avoiding FOMO, and Learning from Master Capital Raisers at the Best Ever Conference ft. Liam Delumpa and Ian Cruz show art JF3514: Partner Hunting, Avoiding FOMO, and Learning from Master Capital Raisers at the Best Ever Conference ft. Liam Delumpa and Ian Cruz

Best Real Estate Investing Advice Ever

Investors Liam Delumpa and Ian Cruz joined host Slocomb Reed on the Best Ever Show from the Best Ever Conference in Salt Lake City. In this episode, they discuss the conference experience, including networking, partner hunting, and the value of gaining knowledge from fellow investors who are on the ground every day, doing the work. They also discuss learning from master capital raisers, doing your first out-of-state multifamily deal, and not buying out of FOMO. Liam Delumpa and Ian Cruz | Real Estate Background Manager of Finance at a Venture Capital Firm Based in:  San Jose, CA Say hi...

info_outline JF3513: Secrets to Finding Good Property Management, Understanding Your Weaknesses, and Diversifying into Income Streams ft. Matt Fore show art JF3513: Secrets to Finding Good Property Management, Understanding Your Weaknesses, and Diversifying into Income Streams ft. Matt Fore

Best Real Estate Investing Advice Ever

Matt Fore, partner at Next-Level Income, joins host Joe Cornwell on the Best Ever Show. In this episode, Matt discusses finding good property managers and the keys to building a successful partnership. He also shares his strategy for getting tech professionals to invest in his deals, the benefits of diversifying into income streams, and why he’s currently bullish on mobile home parks. Matt Fore | Real Estate Background Next Level Income Based in:  Nashville, Tennessee Say hi to him at:  Best Ever Book: The Last Lecture by Jeffrey Zaslow Sponsors:

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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

 

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