Multifamily Syndication Depreciation Appreciation Leverage and More with Feras Moussa - CREPN #283
Commercial Real Estate Pro Network
Today my guest is Feras Moussa. Feras is an entrepreneur at heart with a tech background. Feras worked with Microsoft. And he later left Microsoft to bring tech to industries that lack it, where he later found his passion for real estate. He founded Disrupt Equity. It's a commercial real estate acquisition firm that works to provide investors with strong passive income by leveraging multifamily syndications. At Disrupt Equity they focus on identifying B and C class multifamily assets with 90 units or more
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BIGGEST RISK with Feras Moussa
Commercial Real Estate Pro Network
One of them is just kind of really seeing what happens with COVID. And the government stimulus, right? I mean, our we've collected a lot of money, these properties, but that's been because of the stimulus. Right? So really seeing, you know, what happens around that situation around evictions, all of that, right? And, you know, that kind of segues to my second risk, which is cash is king, you know, and all these properties cash is king and, you know, we make sure we have significant reserves, right.
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Property Investor Mindset with Tracy Cousineau - CREPN #282
Commercial Real Estate Pro Network
Today, my guest is Tracy Cousineau. Tracy is a powerhouse real estate entrepreneur, and business coach. She is a co founder of the number one real estate team in the Atlanta metro area. Ranked number 12 is the fastest growing company in Georgia by Inc magazine, and a real estate agent coach. And in just a minute, we're going to speak with Tracy about creating wealth through real estate, and how to avoid certain mindset pitfalls.
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BIGGEST RISK with Tracy Cousineau
Commercial Real Estate Pro Network
if you're a buyer, you need to have an inspection, you need to know, if there are any issues with the property, you need to make sure that you hire a home inspector that has all the credentials, that they're that they are checking everything for you and that they're not missing stuff. radon is a huge thing in Georgia, because there's lots of rock. And so you know, if you always have a radon test, and then always check for termites, homes in metro Atlanta, they've either had them or they will have them.
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Make Setbacks Your Rocket Fuel with Mike C-Roc - CRE PN # 281
Commercial Real Estate Pro Network
Today my guest is Mike Ciorrocco. Mike is the CEO of People Building Inc. He is a performance coach, author, dynamic public speaker, visionary and thought leader. He has been featured by Yahoo Finance as one of the top business leaders to follow in 2020 and is on a mission to build people. At his core. He's obsessed with success and helping others achieve greatness.
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BIGGEST RISK with Mike C-Roc
Commercial Real Estate Pro Network
the biggest risk for me is I've been through business before where I've relied on people, I relied on their production what and even if they didn't buy into the culture that we were trying to establish, I would just put up with it and there were they're producing a little bit. And so the biggest risk for me nowadays is One, you know, I don't ever want to have to do this. But I'm always thinking to myself, if I have to do something myself, I will.
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Data Drives Opportunity Zone Projects in Nashville with Meg Epstein - CREPN # 280
Commercial Real Estate Pro Network
Today, my guest is Meg Epstein. She's the founder of CA South. Originally born in California, she calls Nashville, Tennessee home now. She's a real estate developer, and has over a decade of experience creating efficient, modern lifestyles for people where it matters most, their homes and their neighborhoods. And just a minute, we're going to speak with Meg about it Opportunity Zones, and commercial real estate in Nashville, Tennessee.
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BIGGEST RISK with Meg Epstein
Commercial Real Estate Pro Network
I think being only centered on one market, I need to closely monitor supply. And it is always unnerving when I drive downtown, and they see 15 tower cranes in the air, right, because we have been able to absorb that supply. But I think it's a metric we need to watch very closely, especially with the pandemic and how quickly the market changing in ways we haven't seen. So I think supply as is always going to be a fundamental risk for me. And in which case, you know, I need to change strategies.
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Portland Industrial Commercial Real Estate with Industrial Gurus NW - CREPN #279
Commercial Real Estate Pro Network
Today my guests are Mark Childs, Principal with Capacity Commercial Real Estate, where he specializes in Industrial and High Tech real estate brokerage services. And joining mark our two members of his team, Daniel Sayles, and Daniel Helm.
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BIGGEST RISK with Mark Childs, Daniel Helm & Daniel Sayles
Commercial Real Estate Pro Network
I would say the biggest risk would be not making that last call. One more call that potential opportunity, at the end of the day, at last dial the day, the easy dial to just say, Hey, we're not going to do it. potential opportunity to help a client prospective client, someone that you know, has an opportunity, but all you need to do is pick up that phone. So to not make that last dial is huge. And one thing we preach here at Capacity is one more call.
info_outlineDarrin: [00:00:08] James Kandasamy, what is the BIGGEST RISK? [00:00:11][3.6]
James: [00:00:11] I think the BIGGEST RISK, is not doing due diligence properly either on the physical property inspection or even on the you know the business plan right. To make sure your business plan is correct. Because when you buy a deal we always have to make sure that we understand everything about the deal. We're buying multi multi-million dollar deal that we are syndicating we have passive investor money in the line. Our money is on the line and we want to make sure that we do as much due diligence as possible. So, that because it is our list that I fear is always likely did I miss out something. I'm always checking and checking and checking and double checking triple checking and making sure that I know everything that I do. And and a lot of times this is being mitigated by our lender because we usually get like Fannie or Freddie and they do another round of checking. They do another on underwriting and they do another round of inspection on top of we are doing right. But that's also risk when you go and take other smaller loans like community bank loans and normal loans because they're not as thick as what the agencies are. And because they're not being straight they may keep out things and we as a sponsor may be maybe stuck with something that we should have done. I mean you are alone in that case right. The lenders are not doing their due diligence you are alone. So I think people who have no known agencies loan or a lender which doesn't really stress on the on the inspection side of it and you want to be very very careful and you wanted to double triple check on your own. Because, you can you can end up you know with a big loss if you found something that you didn't expect.