Real Estate 101
Description: In this episode of the Commercial Real Estate 101 podcast, host Paul David Thompson sits down with Justin Goodin, a successful commercial multifamily developer based in Indianapolis. Justin shares his personal journey from traditional employment to becoming a thriving real estate developer, discussing the challenges and opportunities he has navigated in the current market. Key Takeaways: Justin Goodin's transition from a traditional career to a successful multifamily developer. The significance of self-education and networking in the real estate industry. The...
info_outline 2 - Barry Rogge’s Journey into Commercial Real EstateReal Estate 101
Description: In this conversation, Paul David Thompson and Peter Conti, were joined by Barry Rogge, a commercial real estate investor who transitioned from single-family homes to multifamily properties. Barry shares his experience of diving into the world of commercial real estate, navigating unique challenges like creative financing, property repairs, and even beekeeping! Tune in to hear how Barry's perseverance and strategic thinking helped him acquire 34 units in less than a year, all while developing a balanced approach to real estate investing. Takeaways: Understanding the...
info_outline 3 - From Horseback to Mobile Home Parks with Erin VandegriftReal Estate 101
Description: In this episode, Paul and Peter are joined by Erin Vandegrift, a former professional equestrian turned mobile home park investor. Erin shares her journey from managing a 1,200-pound horse to overseeing mobile home parks across the U.S. She dives into the challenges of switching careers, learning the ins and outs of real estate investing, and how creative financing helped her build a growing portfolio. With a clear focus on mobile home parks, Erin offers valuable lessons for anyone looking to enter the world of real estate investment. Takeaways: Confidence grew through community...
info_outline 1 - Mastering Creative Finance with Jeff RappaportReal Estate 101
Description In this engaging conversation, Paul David Thompson and Peter Conti sit down with Jeff Rappaport, an experienced real estate investor with over 24 years of expertise in creative finance. They discuss the current state of the real estate market and share their insights on making successful deals. Jeff shares his journey through market cycles, from surviving the 2008 crisis to thriving in today’s unpredictable landscape. They dive into creative financing strategies, the importance of flexibility, and the mindset required to succeed in real estate. Whether...
info_outline 258: The Sprint Method: Effective Strategic Planning with Simon SeverinoReal Estate 101
Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Simon Severino discusses his background in strategy advising for Fortune 500 boards and his passion for helping businesses enter and dominate markets. He explains the concept of pipeline coaching, which focuses on filling the sales pipeline, de-risking the buying process, and making it easy for customers to buy. The conversation also covers the importance of creating irresistible offers,...
info_outline 257: Growing Your Network and Audience Through Podcast Guesting with Mischa ZvegintzovReal Estate 101
Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Paul and Mischa discussed strategies for podcasting, including the use of guest speaking to increase impact and income, and the importance of building relationships within the podcasting community. They also explored tools for finding podcast email addresses and tracking appearances, as well as the benefits of leveraging hosts' audiences and repurposing content. Key Takeaways:...
info_outline 256: Finding Opportunities in the Current Market with Ron KoenigsbergReal Estate 101
Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Ron Koenigsberg, president of American Investment Properties, discusses the importance of relationships and communication in the commercial real estate industry. He emphasizes the value of working with commercial real estate brokers to gain access to the best deals and shares his insights on finding opportunities in a challenging market. Ron also highlights the significance of active...
info_outline 255: Exploring Alternative Assets: The Cignet Fund with Andrew McNairReal Estate 101
Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Paul interviews the president and founder of Swan Capital, a wealth management firm, Andrew McNair. Andrew shares his background and how he got into finance and real estate investing. He discusses the importance of diversification and the lessons he learned from losing a significant amount of money in the stock market. Andrew also talks about creating Swan Capital and the...
info_outline 254: The Transformative Power of Intentional Living with Chris KingReal Estate 101
Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this thought-provoking episode, Paul and Chris delve into the profound concepts of individual agency, self-sabotage, and the power of alignment between our inner experiences and external realities. They explore strategies for breaking free from limiting beliefs, overcoming procrastination, and harnessing the transformative potential within each of us. With real-life examples and...
info_outline 253: The Power of Intellectual HumilityReal Estate 101
Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this thought-provoking episode, Paul shares a profound life lesson he learned from a humbling experience in his corporate career. He emphasizes the importance of intellectual humility – recognizing that we don't have all the answers and being open to learning from our mistakes. Paul discusses how embracing intellectual humility can lead to greater success, resilience, and...
info_outlineYour WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.
Join Paul and Jim in a captivating discussion that delves into both personal and professional realms. This episode explores Jim's expertise in the 'build to rent' niche, his upcoming book "The Passive Income Playbook," and the dynamic landscape of real estate investment.
From the challenges of land development to in-house financing strategies and market expansions, this conversation uncovers valuable insights for aspiring entrepreneurs and investors. The hosts also emphasize the importance of work-life balance and share impactful strategies for success in both family and business life.
Key Points From This Episode:
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Personal and Professional Journeys:
- Discussion on personal and professional aspects, including real estate investment and family education.
- Introduction to their upcoming book, "The Passive Income Playbook."
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Building New Homes for Rent:
- Insight into the 'build to rent' niche and its focus on residential properties in high-growth areas.
- Clarification on the misconception of constructing entire neighborhoods.
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Land Development for Build-to-Rent Projects:
- Exploration of the process and challenges of land development for 'build to rent.'
- Emphasis on starting small with infill lots in established areas.
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In-House Financing and Market Expansion:
- Importance of in-house financing for business sustainability.
- Discussion on expanding into new markets, including Texas and Tennessee.
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Financing and Investment Opportunities:
- Insights into the financial backing by Sumitoma, a large Japanese company.
- Discussion on the benefits of in-house financing and potential investment opportunities.
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Real Estate Investment and Family Success Strategies:
- Benefits of real estate investment, illustrated with a case study.
- Introduction to passive income and active freedom, promoting family success.
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Teaching, Family, and Tech Fasting: J's Insights:
- Core elements of family teaching, including the 'one to one principle.'
- Introduction of 'intermittent tech fasting' for better family relationships.
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Technology's Impact on Communication:
- Discussion on occasional unavailability for deeper communication.
- Emphasis on improved relationships through reduced technology distractions.
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Work-Life Balance: Prioritizing Family:
- Personal stories highlighting the negative impact of work distractions on family moments.
- Importance of prioritizing family over work for personal growth and better relationships.
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Balancing Professional and Personal Commitments:
- Insights into scheduling regular time for both professional and personal commitments.
- Discussion on maintaining a balance and prioritizing time with family.
► Resources
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About Today’s Guest:
Jim is a partner at Southern Impression Homes, specializing in building rental portfolios in Florida's high-growth markets. The company focuses on Build-to-Rent properties like single-family homes, duplexes, and quads with property management. Jim's real estate experience includes over 2,000 rehabs and ownership of Jax Wealth Investments, which focused on bulk foreclosures.
After a successful joint venture, Southern Impression Homes and Jax Wealth Investments merged in 2022 to better serve the Build to Rent niche. In addition to his real estate career, Jim co-founded 18 Summers, offering keynotes, workshops, and retreats on balancing business success with strong family relationships. Jim and his wife Jamie are bestselling authors of "The Family Board Meeting" on Amazon, providing frameworks that benefit business leaders worldwide in strengthening family connections.