JF1288: Making Money With Partnerships & Distressed Assets with Larry Friedman and Frank Sanchez
Release Date: 03/13/2018
JF3675: ‘The Party Is Over, the Free Money Is Gone’ — Rock ‘n’ Roll, STRs, and the Changing Face of CRE ft. Luke Carl
The Best Ever CRE Show
In this episode of Next Level CRE on the Best Ever CRE Show, Luke Carl, a short-term rental specialist who dabbles in multifamily, joins host Matt Faircloth. Luke is a legit rock star in both music and real estate. In this episode, he shares the secrets to scaling an STR portfolio through vertical integration, how he structures his bank accounts to account for CapEx (without paying himself), and how he builds long-term wealth to become “bulletproof.” He also discusses the short- and long-term forecast in the STR space, and why he believes the floodgates are about to open. Sponsors:
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JF3674: The Secret Sauce Behind the Boring, High-Cash Flow Sector Most Investors Avoid ft. Andy Weiner
The Best Ever CRE Show
Andy Weiner, president of RockStep Capital, joins hosts Amanda Cruise and Ash Patel on the Best Ever CRE Show. In this episode, Andy gives an absolute masterclass on retail investment, focusing on enclosed malls and power centers. He shares the misconceptions around Amazon’s impact on retail, why going tenant-by-tenant is the best way to forecast NOI with mall spaces, and why owning a second-generation power center is a good bet in today’s world. Seriously … if you’re looking to invest in retail, this is an absolute must-listen. Sponsors:
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JF3673: Creating $10 Million in Multifamily Value in One Year and Raising Capital for Hard Money Loans ft. Dan Costantino
The Best Ever CRE Show
Dan Costantino — a value-add multifamily operator, hard money lender, and managing member at Achieve Capital Partners — joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Dan shares how his real estate side hustle became his full-time gig, from raising capital from passive investors for hard money lending to scaling into multifamily deals. He also discusses the process of vertically integrating via in-house property management, why he finds himself saying No more and more often, and how his firm has created $10 million in value on multifamily deals in just one year....
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JF3672: Hidden Dangers of Lease-Up Deals and Challenges Facing Self-Storage in 2024 ft. Joe Pizzurro
The Best Ever CRE Show
Joe Pizzurro, managing director of Breakchain Capital, joins host Joe Cornwell on the Best Ever CRE Show. In this episode, Joe discusses the self-storage industry in 2024, including how interest rate hikes pushed him from multifamily to self storage, the value-add strategies his team deploys, and why he now stays away from lead-up deals. He also explains how the seller financing structure on his most recent acquisition made the deal possible. Sponsors:
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JF3671: Secrets and Challenges to Maximizing Section 8 Cash Flow ft. Mike Curadossi
The Best Ever CRE Show
Section 8 investor Mike Curadossi joins host Slocomb Reed on the Best Ever CRE Show. In this episode, Mike dives into what it’s really like managing Section 8 properties, including the secrets and strategies to maximize cash flow, the biggest challenges that come with Section 8 tenants, and why placing tenants is the single most important part of the Section 8 process. Sponsors:
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JF3670: The Opportunity in Office That Nobody’s Talking About ft. Brian Levredge
The Best Ever CRE Show
Brian Levredge, owner of First Property Management, joins hosts Ash Patel and Amanda Crusie on the Best Ever CRE Show. He invests in a variety of asset classes, including industrial and flex, office, multifamily, and more. In this episode, Brian and our hosts nerd out on suburban office, discussing why it’s one of the most overlooked opportunities in commercial real estate today. He also discusses the headaches of managing multi-tenant office buildings, his criteria and how he evaluates office deals, and why the work-from-home movement is beginning to shift. Sponsors:
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JF3669: The ‘Disastrous Policy’ Behind This Investor’s Worst-Ever Deals ft. Jonah Bamberger
The Best Ever CRE Show
Jonah Bamberger, managing partner and executive chairman of Aulder Capital, joins host Joe Cornwell on the Best Ever CRE Show. Aulder Capital has done over 60 acquisitions totaling more than $1 billion, and in this episode, Jonah discusses investing in Brooklyn and along the I-95 corridor, the active development deals currently working on — including building New York’s only Miami-style beach club — and the challenges of investing in rest-stabilized neighborhoods in NYC. Jonah Bamberger | Real Estate Background Aulder Capital Portfolio: 60 acquisitions with 20 realizations valued at...
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JF3668: The Unsexy Reality of Building a Syndication Business from Scratch ft. Brian Burke
The Best Ever CRE Show
In this episode of Next Level CRE on the Best Ever Show, Brian Burke, CEO of Praxis Capital, joins host Matt Faircloth. Brian has acquired over half a billion dollars of real estate in his 30-plus years in the business, including more than 3,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but prefers to reposition existing multifamily properties. Brian discusses how to build a syndication business from scratch, including how to time the...
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JF3667: Scaling Land Acquisitions, Navigating Zoning Challenges, and Turning $40M into $136M ft. Anita Verma-Lallian
The Best Ever CRE Show
Ash Patel interviews Anita Verma-Lallian, CEO of Arizona Land Consulting, about her journey in the land consulting business, the growth of Arizona's real estate market, and the intricacies of land acquisition and development. Anita shares insights on the importance of zoning, community relations, and strategic investment in land, as well as the returns investors can expect compared to other asset classes. The discussion also touches on the challenges of finding suitable properties and the dynamics of working with investors. Anita Verma-Lallian | Real Estate Background Arizona Land...
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JF3666: Transitioning from Multifamily to RV Parks, $1M Pecan Business Acquisition, and Mastering the Perpetuity Model ft. Josh Ferrari
The Best Ever CRE Show
Josh Ferrari, CEO and owner of Ferrari Capital, discusses his experience in syndicating commercial real estate, including multifamily properties and RV parks. He shares his unique perpetuity model for partnership with LPs, where they receive a 100% return of capital and then retain ownership in the deal while receiving a share of distributable capital. Josh also talks about his recent business acquisition of a pecan business and the cash flow it generates. He emphasizes the importance of pivoting and adapting to market conditions and finding deals that align with your goals. Josh Ferrari |...
info_outlineFrank and Larry had a third partner in the past, the three of them grew a firm from 0 to 500 agents in 10 years. Once that relationship began to sour, they went separate ways. Frank and Larry tell us what to look out for to avoid getting into a bad partnership. We’ll also hear about their latest business of acquiring distressed assets through their real estate fund. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!
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“Knowing the numbers is crucial” - Larry Friedman & Frank Sanchez
Larry Friedman and Frank Sanchez Real Estate Backgrounds:
-Co-Founders of SDF Capital, real estate investment firm focused on acquiring distressed real estate assets
-Larry is responsible for financially structuring property acquisitions, asset diligence and disposition strategies.
-Frank is responsible for all property acquisitions, dispositions and overall investment strategy.
-Say hi to them at http://www.sdfcapitalllc.com/
-Based in New York, NY
-Best Ever Book: Never Split the Difference
Join us and our online investor community: BestEverCommunity.com
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