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
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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 CRE Clarity Podcast with Jeremy Goodrich. Our guest today is Nicholas Abraham, a multifamily real estate investor. In our conversation, you’ll discover the top 5 metrics every passive investor needs to know, proven acquisition strategies for finding winning deals, and insights into the current real estate market and upcoming opportunities. Tune in now!
Learn more about Nicholas and his story at creclarity.com!
“Real estate has always been a tried and true investment vehicle.”
01:01
Nicholas began his career in finance in 2009. However, he quickly discovered that real estate was the true recession-resistant asset class. This led him to transition into the real estate field.
Nicholas dives into his approach to evaluating real estate deals in the current market. He recommends looking for deals with good cash flow and fixed-rate debt in markets with steady job growth.
“I tell all my investing partners, I'm not here to transact with you I'm here to build a relationship. This is a long-term business.“
13:00
Nicholas shares the top 5 metrics crucial for passive real estate investors.
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Cash-on cash: This metric focuses on the annual cash flow you receive relative to your initial investment.
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Price per door relative to the market: This compares the price per unit (door) of the property to similar properties in the market.
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Cap-rate: This metric is the NOI divided by the purchase price. Aim for a positive cap rate to avoid negative leverage.
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Risk-adjusted returns: This considers both the potential return and the level of risk involved in the investment.
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Yield on cost: Often overlooked, YOC factors in the renovation costs, providing a more comprehensive picture of your return on investment.
Nicholas points out that IRR shouldn't be the sole focus, as it can be manipulated by factors outside the investment's core performance.
Nicholas’ firm is operating with the “2 and 20” method for acquisition fees. This translates to a 2% initial fee for investors, along with a 20% share of the profits once the property is sold. Acquisition fees typically range from 0.1% to 5%, depending on the deal size.
“There's trillions of dollars sitting in money market accounts right now.”
35:25
Toward the end of the conversation, Nicholas shares what he’s most excited about currently. He’s looking forward to decreasing interest rates. Ge believes this could create new opportunities for investors due to a lot of capital currently available in the market.
Finally, Nicholas shares one point of clarity with the listeners - Diversify your income streams to achieve financial freedom.
About our Guest, Nicholas Abraham
Nicholas Abraham is a real estate investor passionate about financial education and creating passive income through multifamily properties. Originally from Columbus, Ohio, he has a background in Economics & Finance and currently resides in Charlotte, North Carolina.
Nicholas' interest in personal finance began at a young age and his diverse career path has included working for Fortune 500 companies, growing a solar startup to significant revenue, and flipping houses. After a hurricane-impacted his business, he transitioned full-time into real estate, focusing on multifamily investments.
Nicholas leverages his experience to educate others on the benefits of real estate and partners with them to acquire cash-flowing apartment buildings. By renovating these properties, he aims to increase tenant satisfaction and generate stronger rental income.
Mentioned in the show:
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Special thanks to Nicholas Abraham for taking the time to share so many great insights with us
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