S01E02: Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton
Apartment Investor's Club Podcast
Release Date: 09/12/2022
The Evolving World of Real Estate Crowdfunding w/ Jilliene Helman
Apartment Investor's Club Podcast
In this episode of the Apartment Investors Podcast, host Jonathan Twombley interviews Jilliene Helman, the CEO and founder of a pioneering online platform for real estate investing. The conversation covers the origins and evolution of Realty Mogul as one of the first equity crowdfunding platforms in real estate, fueled by the 2012 JOBS Act which revolutionized online investing. Helman discusses the challenges and strategies of starting and scaling the platform, the impacts of COVID-19 on real estate investment trends, and the future of investing in a dynamically changing market. With...
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Navigating the World of Apartment Investing: Insights for LPs and GPs with Aleksey Chernobelskiy
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From Popcorn Sales to a $170M Multifamily Portfolio: Anthony Walker's Take on Real Estate in Emerging Markets
Apartment Investor's Club Podcast
📌This week’s podcast episode features Anthony Walker, co-owner and Chief Investment Officer of Initially selling popcorn door-to-door as a kid, Anthony evolved into a successful multifamily investor overseeing a portfolio worth approximately $170 million. He shares his journey and valuable insights into investing in multifamily properties. He highlights the importance of person-to-person interactions, the power of branding, and the idols who influenced his business philosophy. Anthony goes on to discuss how they utilise social media and email marketing to reach interested investors, as...
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Going from Potato Farming to Managing a $100 Million Real Estate Portfolio with Levi Allen
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đź“ŚIn this episode of the Apartment Investors Podcast, host Jonathan Twombley speaks with Levi Allen, a former potato farmer who transitioned into managing a real estate portfolio worth over a hundred million dollars in assets under management (AUM). Levi shares his journey from investing in smaller deals on his own to syndicating larger multi-million dollar deals. He discusses the importance of developing relationships with brokers, underwriting prudently, and having confidence in your abilities. Levi also emphasises that beginning investors should start investing in properties with their...
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Thesis Driven: Converting and Reimagining Office Real Estate with Brad Hargraves of General Assembly
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From Debt-Laden Dentist to Passive Real Estate Income w/ Dr. Jeff Anzalone
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đź“Ś In this episode of the Apartment Investors Podcast, guest Dr. Jeff Anzalone shares his journey from being shackled with student loan debt just out of residency, to becoming ardent about investment in real estate and eventually becoming a successful deal sponsor. He tells of the transformative effect of books such as Robert Kiyosaki's 'Rich Dad, Poor Dad' had on his mindset, leading him to focus on creating multiple income streams. Dr. Anzalone also discusses the organic growth of his digital platform, and its instrumental role in scaling his apartment building investments, and...
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From Tony-Award Winner to Successful Real Estate Investor: Passive Income Strategies with Matt Picheny
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📌Check out Matt’s book In this episode of the Apartment Investors Podcast, Jonathan Twombley sits down with a former Tony Award winner turned real estate investor and mentor. Discussing his journey from a theatrical career to real estate investing and passive income, Matt shares how he transitioned into the industry, starting small and gradually moving onto syndications. Matt highlights the importance of laying a foundation, being transparent with investors, and leveraging partnerships for success. He also notes his involvement in award-winning Broadway productions such as Moulin Rouge...
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Investing in Canadian Apartment Buildings: A Cross-Border Discussion with Matthew Ablakan
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📌Check out the Millennial’s Choice show on In this episode of the Apartment Investors Podcast, host Jonathan Twombley chats with Matthew Ablakan, a Canadian real estate professional and entrepreneur with substantial experience in apartment investing. Matthew offers insights into Ontario's unique pre-construction real estate market, which offers immense possibilities for longer-term investors and is protected by substantial governmental regulations. The guest also talks about his new venture into condo development and how his diversified company not only assists clients with real estate...
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Diversification & Recession Resistant Investment Opportunities: A Conversation w/ Mark Khuri of SMK Capital Management
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đź“ŚIn this episode of the Apartment Investors Podcast, host Jonathan Twombly interviews Mark Khuri, a multifamily investor fund manager with years of experience in the real estate business. Mark discusses his business model, highlighting his focus on providing passive investors with opportunities built on relationships and diversification across different asset classes. Mark also delves into his company's strategy of not operating their own assets but partnering with other operators. He further discusses a tax exemption strategy involving a public-private partnership with municipalities,...
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Understanding the Role of Broker Dealer Representatives in Real Estate Syndications w/ Taylor Loht
Apartment Investor's Club Podcast
đź“Ś In this episode, Jonathan Twombley of Apartment Investors Podcast interviews a licensed broker dealer representative, about the vital role they play in real estate syndications. Taylor explains how broker dealers connect operators and investors, helping raise equity for property transactions while ensuring compliance with security regulations. Taylor highlights the diligence in practice, the requirements for becoming a licensed broker dealer rep, and the potential challenges in the current real estate investment market. He also shares insights about his personal journey into real...
info_outlineCharlie Ruhston is a former professional Chef with over 30 years of experience in operations, repositionings, renovations and management of multi units in Hotels, Casinos and Independent Restaurant Groups.
In 2007 Charlie began investing in SFR's, rehabbed and sold. Now he is focused on leveraging the economies of scale in multifamily communities around the DFW and other TX MSA's through syndication and JV partnerships.
In our second episode, we go over how the current macro trends are affecting the hotel conversion space, the importance of building a solid team and how to skip the small fish and go straight for the large institutional investors to raise funds for your acquisitions.
Reach out to Charlie Rushton
Direct number: (805) 403-7080
[email protected]
https://www.linkedin.com/in/charlierushton
Key points:
01:25 Charlie's outlook on the current market
02:43 Going forward, which deals will be a struggle, which will offer new opportunities?
03:42 Are we headed for actual distress or just lower than expected numbers?
04:10 The effect of the larger markets on the hotel to multifamily conversion space
05:29 Charlie's journey from the hospitality sector to RE investor
08:30 Breaking into the multifamily investing space for the first time
11:01 The importance of finding the right business partner.
The importance of building a team
14:34 Why Charlie decided to go straight to bigger sources of capital from the get-go
17:37 How to approach gatekeepers and large, institutional investors
20:06 How to make a pitch to large capital providers
23:00 Developing the relationships with your capital sources even further
24:01 Transitioning into the hotel conversions space
27:26 Hotel conversions and zoning issues
32:06 What does Charlie look for in a good conversion deal
34:51 What type of room amenities are added in, in a typical hotel conversion?
36:32 The opportunity for adding co-working spaces
38:46 Closing thoughts & how to reach out to Charlie
40:15 How to get in touch with Charlie