Operational Efficiencies at 1400 Units, with Jered Sturm
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today’s guest is Jered Sturm, Co-Founder and CEO of SNS Capital Group. In this episode, we dive into navigating risk in real estate investing, taking the leap to grow your portfolio to hundreds of units, and mastering the art of efficient delegation. Tune in for insights and inspiration to elevate your investing journey! Learn more about Jered and his story at ! “Doubling down, delayed gratification. That's a consistent narrative of our journey.” 01:00 Jered began his real estate journey 18 years ago as a...
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Residential Land Deals, with Jamie Goldenberg
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today’s guest is Jamie Goldenberg, the founder of Turn Prop LLC and creator of the Land Investing Club. In this episode, we unpack the essentials of land investing, breaking down its three key steps, exploring effective market strategies, and discussing the future of the industry. Join us and get inspired! Learn more about Jamie and his story at ! 01:00 Jamie began his career at a major finance company after graduating from college, but he always had an entrepreneurial spirit. In 2018, after moving to Chicago, he decided to try...
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Large Urban Development, with Waikiki Paulino
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today, our guest is Waikiki Paulino, the Chief Executive Officer of CRE Construction Partners. In this episode, we explore every phase of a development project—from due diligence and development to construction management and final asset disposition. We dive into building strong teams, ensuring project success, and why the pre-construction phase is often more critical than construction itself. Learn more about Waikiki and his story at ! “It's not so much about stacking one brick over another or pouring concrete. It's really about...
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Entering A Multifamily Resurgence, with Matthias Wilson
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Our guest today is Matthias Wilson, a military veteran turned multifamily syndicator. In this episode, we discuss how Matthias made the leap from being an Air Force pilot to acquiring millions of dollars in real estate, the steps to transition from single-family to multifamily investing, and how to maximize the potential of a value-add property. Join us and get inspired! Learn more about Matthias and his story at ! “The growth is just exponential now that I don't have the day job distracted me from my passion.” 01:00...
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LLC Strengths & Pitfalls, with Tzvi Weiser
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today’s guest is Tzvi Wiser, Senior LLC Specialist at NUCO Filings. In this episode, we explore the flexibility and structuring of LLCs in real estate, the compliance requirements they must meet, and the impact of the new Corporate Transparency Act. Tune in to stay informed about emerging trends in real estate! Learn more about Tzvi and his story at ! “The big syndicators usually don't make mistakes because they got lawyers taking care of them. It's the beginers that often make the mistakes.” 01:00 Tzvi explored various...
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Midwest Multifamily Development, with Omar Khan
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today, our guest is commercial real estate investor and developer, Omar Khan. In this insightful conversation, we explore Omar’s career path from investment banking to real estate investing and development, discuss various asset classes for investment, and delve into the specifics of one of his standout deals. Learn more about Omar and his story at ! “If you don't work hard and you don't manage your affairs in a judicious manner, then everywhere in the world, you are going to run into trouble.“ 01:20 Omar grew up in an...
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The Key to Capital Raising on LinkedIn, with Adam Knorr
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today, our guest is Adam Knorr, a social media entrepreneur and ghostwriter for CRE firms and founders. In this episode, we dive deep into content creation on LinkedIn and how to do it right. In this episode, we dive deep into content creation on LinkedIn and discuss how to do it right. We cover the importance of niching down, being authentic and relevant on social media, and the role of AI in content creation—whether it's helping or hindering the process. Learn more about Adam and his story at ! “Nitching is a really interesting...
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Are Kenyan markets similar to the US? with Winnie Cherutoh
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today, our guest is Winnie Cherutoh, a real estate investment and sales consultant based in Nairobi, Kenya. In this conversation, we dive deep into the similarities and differences between the US and Kenyan real estate markets. We also discuss some fundamental principles for achieving success in sales. You don’t want to miss this episode! Learn more about Winnie and her story at ! 01:30 Winnie lives and invests primarily in Nairobi, Kenya. With a background in statistics, she became interested in real estate in her early twenties and...
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Retired before 50, with Emma Powell
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Our guest today is Emma Powell, a real estate investor who achieved remarkable success. We'll dive deep into Emma's journey, exploring how she transformed her life – going from a stay-at-home mom of six to a multimillionaire in just five years. Discover the secrets to getting started in real estate investing and learn powerful strategies for building your path to financial freedom. Get ready to be inspired by Emma's story – tune in now! Learn more about Emma and her story at ! “Managing a 10-unit building is very similar to...
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Developing Industrial, with Alex Arenkill
CRE Clarity
Welcome to the CRE Clarity Podcast with Jeremy Goodrich. Today, our guest is Alex Arenkill, a real estate developer at Enclave. In our conversation, we dive into the development process. We talk about Alex’s journey and the key steps in the industrial development process. Join us and get inspired. Learn more about Alex and his story at ! 01:00 Alex’s family were multifamily investors, so he grew up in the business. He explored various areas in the real estate industry but now focuses primarily on development and acquisition. At 29 years old, Alex has already gained extensive...
info_outlineWelcome to the Managing CRE Risk podcast with Jeremy Goodrich. Our guest is Shannon Robnett, a real estate developer and syndicator with over 35 years of experience. Shannon shares his advice on becoming a successful syndicator, selecting top-notch service providers, and managing risk in the current market. You don't want to miss out on this episode!
Learn more about Shannon and his story at shineinsurance.com/managing-commercial-real-estate-risk!
“I don't like paying taxes. I'm very patriotic, but to me, that's not a patriotic duty.“
01:13
Shannon is a fourth-generation realtor. For a while, he didn’t want to work in real estate, however, after completing college, he recognized the immense financial potential within the industry.
Over the course of his 35-year career, Shannon has taken on various roles, including overseeing construction projects, working as a developer and multifamily asset manager, and investing in many deals. He started syndicating in the last few years.
“The first thing that I try and do when I talk with an investor is make sure that they understand who they are.”
06:23
Shannon shares his best pieces of advice on how to become a successful syndicator.
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Find a mentor and work up to your goals slowly but steadily.
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Understand what kind of investor you are, how high your risk tolerance is, and what type of deals fit your lifestyle.
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If you've lost money, figure out why, and don't do that again.
“When you're underwriting correctly, if everybody's doing it, it’s probably a really good time to not be doing it.”
20:40
Shannon shares his insights on selecting top-notch service providers while minimizing associated risks within your team. His advice is to prioritize expertise and experience over cost. Also, always think at a higher level about your business and look for the most dedicated service providers with good track records.
Towards the end of the episode, Shannon shares his risk mitigation strategies in the current market. He’s always managed risk from an 8-cap standpoint. If he can’t get an 8-cap on the investment, he won't pursue it. He’s emphasizing not being influenced by the market and having a solid underwriting strategy.
About our guest, Shannon Robnett
Shannon is a Real Estate Developer and Syndicator with a principal focus on Multifamily and Industrial real estate in the greater Boise area. His accomplishments include:
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Involved in Boise Real Estate Market for 35+ years
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2nd Generation Builder & Developer
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4th Generation Realtor
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Involved in over $250MM in construction projects ranging from multi-family, office buildings, and municipal buildings to schools, industrial projects, and mini storage
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A history of over $140MM in successful developments
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Has under management over $100MM with a wide range of investors
Mentioned in the show:
Need an instant insurance ballpark for your next Multifamily deal?! Answer 9 simple questions and we’ll give you a sense of what insurance should be. Visit us here for everything you need to know: https://www.shineinsurance.com/ballpark/
Special thanks to Shannon Robnett for taking the time to share so many great insights with us
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