loader from loading.io

Strategies for Thriving in the Multifamily Space During Uncertain Times w/ Andrew Cushman of Vantage Point Acquisitions

Apartment Investor's Club Podcast

Release Date: 02/22/2023

Unlocking Success From Real Estate to Tech: Tiffany Mittal's Multifamily Investment Tips show art Unlocking Success From Real Estate to Tech: Tiffany Mittal's Multifamily Investment Tips

Apartment Investor's Club Podcast

📌Tiffany Mittal is a multifamily real estate investor and the founder of With a portfolio of approximately 100 units in San Diego, California, and a recent acquisition of a 30-unit property in Pompano Beach, Florida, Tiffany brings a wealth of experience to the table. Alongside her husband, she has successfully navigated the multifamily investment landscape, leveraging their expertise to launch a prop tech company that caters to the needs of fellow investors. Tiffany's investment strategies focus on identifying value-add opportunities, optimizing utilities, and upgrading units to enhance...

info_outline
Unlocking Michigan's Real Estate Investment Secrets with David Kamara of Cape Sierra Capital show art Unlocking Michigan's Real Estate Investment Secrets with David Kamara of Cape Sierra Capital

Apartment Investor's Club Podcast

📌Check out David’s free e-book David Kamara, founder and CEO of , is a real estate investor based in Michigan, with a passion for creating passive income through apartment investing. With a background in management consulting and programming, David has always been driven to find a better quality of life for himself and his family. His journey into real estate began with buying rental properties and quickly evolved into scaling up to apartment complexes. Today, David and his team manage over 1200 units in the Midwest, primarily in Michigan. His expertise and experience in the industry...

info_outline
Maximising Multifamily Real Estate Returns: Feras Moussa's Proven Growth Formula show art Maximising Multifamily Real Estate Returns: Feras Moussa's Proven Growth Formula

Apartment Investor's Club Podcast

📌Feras Moussa is one of the founders of Disrupt Equity, a real estate company that leverages technology to bring efficiency and effectiveness to the industry. With a background in software and experience working at Microsoft, Feras saw the opportunity to disrupt the traditional real estate market and has since built an impressive business. His company has already crossed the $800 million mark in acquisitions and is on track to reach a billion by the end of the year. Feras and his team not only focus on sourcing deals and raising capital but also have an in-house management company and...

info_outline
Designing for Success: How Visual Appeal Drives Profitability in Multifamily Properties with Lisa Landry show art Designing for Success: How Visual Appeal Drives Profitability in Multifamily Properties with Lisa Landry

Apartment Investor's Club Podcast

📌If you're feeling frustrated with high tenant turnover rates and declining profitability, despite your efforts to attract and retain tenants, then you are not alone! Maybe you've been focusing on amenities and pricing, but overlooking the importance of effective design in your multifamily properties. Instead of the desired result of increased tenant satisfaction and higher profitability, you may be experiencing constant vacancies and stagnant rental income. It's time to recognize the significance of design in multifamily investing and take the necessary steps to enhance your property's...

info_outline
Invest Countercyclically: The Pacific Northwest Strategy for Consistent Real Estate Returns w/ Bobby Larsen show art Invest Countercyclically: The Pacific Northwest Strategy for Consistent Real Estate Returns w/ Bobby Larsen

Apartment Investor's Club Podcast

📌Do you want to achieve consistent and long-term growth in your real estate investments while enjoying stable cash flow? Are you searching for a solution that can help you attain these desired results? Look no further! Our guest, Bobby Larsen, will be sharing his expertise on real estate investment strategies in the Pacific Northwest that can help you achieve your financial goals. Learn how to unlock the potential of the real estate market and discover the key to obtaining steady returns and sustainable growth, even in a distressed market.  In this episode: 👉investment strategies...

info_outline
Remote Work and Business Management Secrets for Real Estate: How to Achieve the 3 Degrees of Freedom w/ Derek Clifford show art Remote Work and Business Management Secrets for Real Estate: How to Achieve the 3 Degrees of Freedom w/ Derek Clifford

Apartment Investor's Club Podcast

📌 Check out Derek’s free PDF If you're feeling frustrated and overwhelmed with your real estate investing business because your current remote work and business management processes are not delivering the desired results, then you are not alone! Perhaps you find yourself constantly juggling multiple tasks and struggling to stay organized, leading to missed opportunities and inefficiencies. Or maybe you're facing challenges in effectively communicating and collaborating with your team remotely, hindering productivity and growth. Fortunately, in this episode, we dive deep into...

info_outline
Accessory Dwelling Units: Insights into ADU Real Estate with Whitney Hill show art Accessory Dwelling Units: Insights into ADU Real Estate with Whitney Hill

Apartment Investor's Club Podcast

Whitney Hill, a leading expert in the ADU (Accessory Dwelling Unit) industry, reveals the secrets to scaling a business in this booming market. From building a website for lead generation to implementing efficient project management systems, Hill's strategies have catapulted her company to new heights. But just as success seems within reach, a sudden twist threatens to derail everything. Find out what happens next in this suspenseful journey through the world of ADU real estate. Whitney is an experienced professional in the field of Accessory Dwelling Units and holds the position of co-owner...

info_outline
From NASA Engineer to Full-Time Multifamily Investor & Director of Acquisitions w/ Chad Sutton show art From NASA Engineer to Full-Time Multifamily Investor & Director of Acquisitions w/ Chad Sutton

Apartment Investor's Club Podcast

Chad is one of five Managing Partners of Quattro Capital, leader of the Acquisitions team and the host of the #RealEstateRunway Podcast. Chad is a “recovering engineer” who spent most of his profession in corporate America in spaceflight with NASA and aircraft with GE before following his passion as a real estate investor. He is an “old soul” and a genuine “family man” passionate about building a time quality lifestyle and quality communities for residents.  In this episode: 👉making a career switch from engineering to multifamily real estate 👉keys to raising investor...

info_outline
Multifamily & Storage Investing in Texas and Arizona w/ Jonathan Wei of GreyStone Capital show art Multifamily & Storage Investing in Texas and Arizona w/ Jonathan Wei of GreyStone Capital

Apartment Investor's Club Podcast

Jonathan Wei is a full-time real estate investor with a background in tax accounting. After realising his passion for real estate, Jonathan made the leap to leave his corporate career and focus on building a legacy and creating wealth through multifamily and self-storage investments. He has successfully syndicated several deals, ranging from smaller multifamily properties to self-storage facilities, and has built a strong network of investors through networking events and speaking engagements. Jonathan's expertise in raising capital and his commitment to providing passive income...

info_outline
Scaling to Success: Going from a Duplex to 10,000 Units w/ Zamir Kazi of ZMR Capital show art Scaling to Success: Going from a Duplex to 10,000 Units w/ Zamir Kazi of ZMR Capital

Apartment Investor's Club Podcast

Zamir Kazi is a real estate maverick who has defied the odds and achieved extraordinary success in the industry. From his first investment in a rundown $20,000 Duplex, Zamir has skyrocketed his portfolio to an astounding 10,000 units in just a decade. With a laser focus on value-add core plus properties in the sun-soaked states of the sunbelt, Zamir has strategically expanded his presence across eight states, with Florida being the heart of his operations. Leading a team of 25 dedicated professionals spread across Los Angeles, Florida, and Texas, Zamir's headquarters may be in Tampa, but his...

info_outline
 
More Episodes

📌 Multifamily Wealth Project Conference, Apr 26 - 28, 2023

The Multifamily Wealth Project connects you with influential leaders, deal makers, investors, brokers and peers in the multifamily industry. 👉 Book your spot HERE http://multifamilywealthproject.com/

Andrew Cushman is a former chemical engineer who found his entrepreneurial calling in real estate. In 2007 Andrew left his corporate position to start a business in real estate investment, starting off flipping single family properties in Southern California. Sensing a shift in the market, in 2011 Andrew transitioned to multifamily acquisitions and has successfully syndicated and repositioned over 2,600 multifamily units. He is a frequent guest and panelist on Real Estate podcasts and educational forums, and recently launched The Multifamily Accelerator: a multifamily mastermind group for active and experienced Real Estate investors. Outside of the business world, Andrew has been a certified alpine ski instructor and when not working in real estate enjoys surfing, backcountry skiing, and trying to not be outwitted by his two young children.

In this episode, you will learn the following:

1. How did Andrew Cushman and his wife transition from house flipping to buying and syndicating multifamily deals

2. What strategies does Andrew and his team use to identify properties in markets that will outperform in a recession?

3. How do Andrew and his team manage a portfolio of 1400 apartments across the US from Southern California?

4. With experience from the 2008 recession under his belt and another one potentially coming up now, what has Andrew learned and how is he preparing?

"There's no such thing as a bad market, just a bad strategy.”

Some key points:

(01:29) Andrew got into house flipping around 2007, right before the crash. Eventually he started a syndication business with his wife, around 2011.
(02:58) What is it like to enter the real estate game during one of the worst recessions of our times? Money is made when everyone else is fearful, but the difficult part is taking action
(04:51) There's no such thing as a bad deal, only bad strategies and wrong prices
(05:12) In 2023, we are once again headed into uncertain times. What lessons is Andrew using from the experience he has from the previous recession? Make sure you are in the right sub-markets and that you are using debt correctly
(08:14) What type of debt instruments is Andrew using? Flexible, long-term loans which are adaptable to the market and not tied to one specific outcome
(09:14) In Andrew's view, how are sellers reacting to the rising interest rates environment?(11:07) Andrew uses CoStar and is tracking properties that have maturing loans coming up around mid-2023; this will allow him to set up deals proactively
(11:57) C-class properties during a recession. In Andrew's view, C-class properties are a dangerous niche to get into at the moment, unless you plan to hold for 10+ years
(15:05) Andrew's business pivoted away from C-class properties well before there was a new recession on the horizon
(18:48) The logistics of running a multi-family business from across the country
(21:39) Tips for finding a great management company: Make sure you ask around locally and conduct some due diligence
(25:38) Andrew describes how he found investors for his first syndication deal in 2011
Andrew is somewhat of a stranger to social media, so initially he had to do it the long and hard way, but building relationships organically
(30:55) Once the money was raised, Andrew then had to start finding deals
(32:28) Andrew's process for vetting properties for potential deals. It's not always about the money
(42:02) The outlook for the coming 5 to 10 years
(43:32) How to reach out to Andrew

🌎Reach out to Andrew Cushman
LinkedIN https://www.linkedin.com/in/andrew-cushman-959471a
Vantage Point Acquisitions https://www.vpacq.com/
Bigger Pockets https://www.biggerpockets.com/users/andrewc58

🌎Reach out to Jonathan Twombly
LinkedIn: https://www.linkedin.com/in/jonathandtwombly

Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

Make sure to also check some of our previous episodes:

Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

Hotel Conversions To Multi Family Housing With David Peters

🎤 Podcast production Everglade Media