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The Multifamily Wealth Podcast

Business & Economics Podcasts

Axel Ragnarsson speaks with successful real estate investors and dissects how they started, built, and scaled their businesses. In each episode, listeners can expect tactical and actionable information to help grow their business and real estate portfolio.

Location:

United States

Description:

Axel Ragnarsson speaks with successful real estate investors and dissects how they started, built, and scaled their businesses. In each episode, listeners can expect tactical and actionable information to help grow their business and real estate portfolio.

Language:

English


Episodes
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#259: 3 Tactical Tips To Help Multifamily Investors Present Better Offers and Negotiate Better Deals

10/11/2024
Are you ready to elevate your negotiation game in the multifamily real estate space? In this episode of the Multifamily Wealth Podcast, I share three tactical negotiating tips that can help you secure better deals and increase your chances of success in your next investment. Discover how to craft compelling offers that stand out, understand the importance of deal terms beyond just price, and learn the psychological tricks that can create urgency in your negotiations. Join us as we answer: - How can you leverage specific data points to justify your offer and increase its appeal to sellers? - What other terms should you consider to strengthen your offer? - How can setting expiration dates on your offers create a sense of urgency for sellers to act quickly? - What are some creative deal points you can include that benefit you without materially affecting the seller's position? Whether you're a seasoned investor or just starting out, these strategies will give you the edge you need to stand out in a competitive market. Additionally, I'm thrilled to announce our newest investment opportunity: a 72-unit property in Barrington, New Hampshire. This is a direct-to-seller deal with a compelling business plan and minimal execution risk. If you want to learn more, click here to access the deal room. Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:13:37

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#258: The 5 Lessons That Usually Take YEARS For Multifamily Investors To Learn... But You Can Learn Them Now

10/4/2024
In this episode of the Multifamily Wealth Podcast, I dive into five critical lessons that only experienced multifamily investors truly learn over time. These insights are not merely the result of making poor investment decisions, but rather stem from the complexities and challenges that arise as investors scale their businesses. Join us as we explore: - The challenges of managing cash flow when scaling quickly - The importance of committing to your original business plan - How to define the type of investor you want to be—whether it's large-scale deals or smaller, high-return investments - The long-term costs of hiring cheap vendors versus investing in quality services - The value of prioritizing well-located assets over higher yields Whether you're a new investor looking to avoid common pitfalls or an experienced operator aiming to scale your business, this episode is packed with valuable insights that can help you navigate the multifamily investment landscape more effectively. Additionally, I'm thrilled to announce our newest investment opportunity: a 72-unit property in Barrington, New Hampshire. This is a direct-to-seller deal with a compelling business plan and minimal execution risk. If you're interested in learning more, check out the details in the show notes or feel free to schedule a call with me. Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:21:08

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#257: How To Effectively Pitch Deals, Quickly Underwrite Investments, and Navigate Rent Control Laws + How '08 Was Different Than This Cycle with Andrew Jeffery

10/1/2024
In this week’s episode, I sat down with Andrew Jeffery, a seasoned real estate investor with over 15 years of experience across multiple asset types and markets. Andrew shared his unique perspective on the current real estate landscape, drawing parallels to his firsthand experience working on a subprime mortgage-backed securities desk during the 2008 financial crisis. We dove deep into Andrew's approach to acquisitions, discussing how he quickly screens deals and what he looks for in offering memorandums. He also shared valuable insights on pitching deals to investors and the importance of crafting a compelling story that resonates with your audience. Key takeaways for this episode: - Andrew's conservative approach to leverage, shaped by his experience during the GFC - Strategies for underwriting and acquiring properties in rent-controlled markets like San Francisco - The importance of defining your investment criteria and quickly filtering deals - Crafting a compelling fundraising pitch that resonates with investors Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners Connect with Andrew: Visit him on X (formerly Twitter) Check out his random insights on Substack Learn more about Millfork Advisors

Duration:00:54:43

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#256: Implement These 3 Tactical Email Management Tips + Our Newest Investment Opportunity is Live!

9/27/2024
Attention Multifamily Investors: Don't let your email inbox control your business! In this episode of the Multifamily Wealth Podcast, we're sharing three tactical and actionable tips to help you better manage your email inbox. Whether you're managing your own properties, working with a property management company, or coordinating with multiple service providers and vendors, these tips will help you: - Prevent important tasks from slipping through the cracks - Increase your effectiveness in managing your inbox - Gain better control over your business We discuss the benefits of using email management tools like Boomerang, the power of the snooze function, and how scheduling emails can help you stay on top of recurring tasks. If you're spending a significant portion of your day in your email inbox, this episode is a must-listen! If you'd like to learn more about our newest investment offering (a 72-unit value-add deal in a rapidly growing NH submarket that we sourced direct-to-seller), you can access the deal room here. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:11:23

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#255: Organically Building a 150+ Unit Portfolio and Building an In-House Property Management Team with Sean LeBlanc

9/24/2024
In this episode of the Multifamily Wealth Podcast, we sit down with Sean LeBlanc, the founder of Mammoth Properties, a vertically integrated multifamily real estate company based in Southern New Hampshire. Sean shares his inspiring journey from being a mortgage broker to becoming a successful multifamily real estate investor. We dive deep into his unique approach to scaling his business, discussing how he transitioned from a duplex to larger properties, including a significant 30-unit portfolio. Sean emphasizes the importance of being a hands-on operator and executing value-add business plans effectively. Throughout the episode, we explore key topics such as: - The challenges and lessons learned from raising capital and managing investor relationships - The importance of having a robust management operation in-house versus third-party management - Strategies for navigating the complexities of value-add deals and minimizing execution risk - Sean's vision for the future, including his goals for growth and the importance of maintaining a strong operational foundation. If you'd like to learn more about our newest investment offering (a 72-unit value-add deal in a rapidly growing NH submarket that we sourced direct-to-seller), you can access the deal room here. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners Connect with Sean: Follow him on Instagram Connect with him on LinkedIn Learn more about Mammoth Properties

Duration:00:47:35

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#254: Sourcing Off-Market Deals, Advantages of In-House PM, Syndicating vs. Not, and Diving Into The Current State Of The Market on TDR Call

9/10/2024
In this episode, I'm actually reposting a call that I did in the Deal Room community, which is run by Gabe Bowling. It's a high-ticket mastermind group focused on helping multifamily investors, multifamily entrepreneurs. I appreciate Gabe's invitation to head in there and share my story and talk a little bit about direct-to-seller marketing, how we brought property management in-house and the benefits of doing so. I spent a lot of time talking about why most investors shouldn't be syndicating deals. I actually start sharing some economical examples of the money that you can make in a deal where you are not raising capital versus where you are. Specifically, I share how just doing a five-unit deal with your own money is actually much easier and similarly as profitable as doing a 50-unit deal where you're syndicating equity and raising capital. We get into some Q&A at the end of the call as well with some of the group attendees, which I think a lot of the folks listening are going to find valuable as well. Here are some of the key topics we cover: - How I got started in real estate and grew my portfolio from just a few units to over 500 - The importance of focusing on off-market deals and building relationships to source great opportunities - Why bringing property management in-house was a game-changer - My take on why most investors shouldn't start out by syndicating large deals - A real-world example comparing the economics of doing a small deal yourself vs. syndicating a larger one Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:01:06:08

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#253: The Impending Correction + Critical Mindset Adjustments Investors Need To Make To Scale with Rod Khleif

9/3/2024
In this week's episode of the Multifamily Wealth Podcast, I had the privilege of sitting down with the one and only Rod Khleif, host of the #1 commercial real estate podcast, Lifetime Cashflow through Real Estate Investing. Rod shared his incredible journey, from immigrating to the US with his family at age 6, to building a massive real estate portfolio, losing $50 million in the 2008 crash, and rebuilding his wealth to where he is today. The lessons he learned along the way are priceless. In this episode, we dive deep into: - The mindset shifts that helped Rod bounce back from his $50 million loss - Why you should fear regret, not failure - The importance of finding your "why" and creating a burning desire to succeed - Why real estate is the best hedge against the coming economic tsunami - How to prepare yourself to capitalize on the coming distressed asset opportunities - Key differences between doing small multifamily deals vs large apartment complexes Rod also shares details on his upcoming 3-day Multifamily Bootcamp event in Orlando this November. As a speaker at this event, I can vouch that it will be an incredible opportunity to build your network and learn from the best in the business. Use the code "AXEL" to get your ticket for only $197. Trust me, if you have any interest in scaling your real estate investing, you won't want to miss this. Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners Connect with Rod: Follow him on Instagram Connect with him on LinkedIn Visit him on X (formerly Twitter) Check out this free resources Subscribe to his podcast

Duration:00:46:36

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#252: The EXACT 5-Step Process Multifamily Investors Can Follow To Find an Off-Market Multifamily Deal In The Next 90 Days

8/27/2024
Are you ready to learn the five steps to find off-market multifamily deals in the next 90 days? In this episode, we dive deep into the tactical strategies multifamily investors need to follow to secure a deal directly from sellers. From defining acquisition criteria to establishing a local brand, we cover it all to help you succeed in the competitive real estate market. This episode was originally released on Rod Khleif's feed, Lifetime Cashflow through Real Estate Investing Podcast. Join us as we uncover the secrets to finding great deals at discounted prices in the multifamily sector. Key Points Covered: - Step-by-step guide on defining acquisition criteria - Strategies for buying a data list and skip tracing - Choosing and implementing two marketing strategies - Establishing a local brand and becoming omnipresent in the marketplace - The importance of long-term commitment to direct-to-seller marketing Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:37:03

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#251: The "Death Spiral" Investors Enter When Overpaying For Deals... 5 Downstream Effects Of Paying Too Much at Acquisition

8/20/2024
Are you falling into the death spiral of overpaying for properties? In this episode, we uncover the five major challenges investors face when they pay too much upfront. From financing hurdles to operational headaches, we dive deep into the negative downstream effects of overpaying and how it impacts your ability to scale your real estate business effectively. Buying properties at the right price is not just about getting a good deal upfront. It’s about setting yourself up for long-term success and scalability in your real estate business. This episode will help you identify the core issues that can derail your investments and provide strategies to avoid these pitfalls. Key Takeaways: - Sourcing, Financing, and Equity Challenges: Understand why securing the right price from day one is crucial for favorable financing and equity terms. - Renovation Pitfalls: Learn how overpaying can lead to cutting corners on renovations, which can have long-term negative effects. - Management and Operational Issues: Discover how paying too much can exacerbate management challenges and operational costs. - Time and Attention Drain: Find out why overpaying demands more of your time and pulls you away from finding new deals. - Prolonged Capital Recycling: See how overpaying prolongs the time it takes to pull your money out and reinvest in new opportunities. To celebrate our milestone of 250 episodes, we're offering a special discount on our courses - the 7-Day Multifamily Course and the Off-Market Multifamily Deals Course. Use code 250OFF to get a significant discount on these courses, which are packed with over 10 hours of content each. This is an incredible opportunity to gain valuable knowledge at a fraction of the price, so grab our offer which is valid until the 27th of August. Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:17:31

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#250: Thank You For 250 Episodes!! What's Next For This Feed + An INSANE (and Limited) Promo For Our Programs

8/13/2024
Welcome to the 250th episode of the Multifamily Wealth Podcast! In this special milestone episode, we take a trip down memory lane, reflecting on the incredible journey over the past four years. From poorly constructed episodes with a terrible mic to becoming one of the highest-rated commercial real estate podcasts, it's been an amazing ride! In celebration of this milestone, I've recorded a special podcast episode in which I reflect on the podcast's evolution, share insights into our real estate business growth, and discuss exciting plans for the show's future. I also have some exciting news to share with you all. To mark this occasion, I'm running a very special promotion on our two flagship programs - the 7-Day Multifamily Program and the Off-Market Multifamily Deals Program. By using the code 250OFF at checkout, you can enjoy a $250 discount on both courses. This offer is valid until August 27th, so don't miss out on this opportunity to level up your multifamily investing knowledge. Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:09:19

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#249: Analyzing The 16 Deals We've Closed In The Last 12 Months... Where They Came From, What Terms, Etc

8/6/2024
Are you curious about how we closed 16 deals in just 12 months? Dive into this episode where we reveal the secrets behind our successful multifamily acquisitions! In this episode, we break down the sources of our deals, including cold calls, direct mail, and brokered listings. Discover the average length from initial contact to close, the different deal structures we use, and the average age of the sellers we've worked with. Gain valuable insights into our strategies and learn how we navigated the multifamily market to secure these properties. Key points covered: - Sources of the 16 deals: Cold calls, direct mail, expired listings, broker referrals, and more - Average length from initial contact to close: Just under six months, with variations based on deal types - Deal structures: No contingency deals, standard terms, and a seller finance deal - Average age of the sellers: Around 60 years old, indicating a trend in the seller demographic Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:10:17

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#248: A Tactical Deep Dive Into How Investors Can Build A Robust Pipeline Of Off-Market Multifamily Deals with.... Me?

7/30/2024
This episode is a bit different from our usual content as I'm reposting an episode I recorded on Rod Khleif's podcast, "Lifetime Cashflow through Real Estate Investing." Rod's podcast is a giant in the commercial real estate space, boasting almost 1500 views, millions of downloads, and over 900 episodes. In this special episode, I flew down to Florida to join Rod and discuss building a robust pipeline of off-market deals for multifamily investors. The conversation is packed with tactical tips and strategies to help you find more off-market opportunities. I wanted to share this episode with my audience to ensure you all benefit from the valuable insights we discussed. Even if you've already listened to my appearance on Rod's podcast, I recommend giving it another listen due to the highly tactical nature of our discussion. What you’ll learn in this episode: - The importance of building long-term relationships with property owners - Strategies for direct-to-seller marketing, including direct mail, cold calling, and email - How to establish credibility and trust with potential sellers - The role of property management companies, brokers, and other key deal finders in sourcing off-market deals - Tips for building a robust network of contacts in the real estate industry - The significance of seller financing and how to negotiate favorable terms - Tools and resources for pulling property data and managing relationships Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:56:39

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#247: The 4 "Back of The Napkin" Underwriting Checks We Use To Save Time When Quickly Analyzing Multifamily Deals

7/23/2024
Are you tired of wasting time on deals that just don't add up? In this episode of the Multifamily Wealth Podcast, we reveal four back-of-the-napkin underwriting checks that will revolutionize the way you evaluate real estate opportunities. Key takeaways: - Learn how to quickly assess deals using price per unit, rent vs. purchase price, yield on cost, and all-in cost vs. stabilized value - Understand the importance of these checks in saving time and making efficient investment decisions - Discover how to develop an intuition for deal evaluation through repeated practice and note-taking Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:14:24

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#246: The 3 Underwriting Assumptions Multifamily Investors CAN'T Get Wrong

7/16/2024
Are you making these three critical mistakes in multifamily underwriting? Find out how small tweaks in assumptions can turn a bad deal into a good one on paper. In this episode, we dive into the big three assumptions that can make or break a multifamily investment. We explore the impact of rent growth, exit cap rates, and projected rents on projected returns in multifamily underwriting. Discover how slight adjustments in these assumptions can significantly alter the perceived viability of a deal. Learn why getting these three assumptions right is crucial for both LPs and sponsors in the multifamily space. Key points covered in this episode: - The compounding effect of rent growth over the hold period - Manipulating exit cap rates to influence terminal property value - The critical role of projected rents in determining NOI and overall returns Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:13:56

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#245: 5 Ways That Multifamily Investing Has Evolved Since 2016... And How I Think It Will Continue To Change

7/12/2024
Are you ready to learn how multifamily investment has evolved over the last eight years? In this episode, we look at the five major trends that have altered the landscape of multifamily real estate investing. From the emergence of smart sellers to the influence of technology on property management, we look at how the sector has changed and what trends will shape its future. Join us as we unearth the most important changes that every multifamily investor should be aware of. Key points covered in this episode: - Decrease in unsophisticated sellers and owners due to abundant educational resources - Lower yields in multifamily investments with increased market efficiency - Advancements in property management technology and the rise of AI solutions - Rapid growth in the use of virtual talent for real estate businesses - The transformative role of social media in raising capital, building partnerships, and establishing credibility Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:19:24

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#244: 3 Recent Multifamily Trends, Stats, and Pieces of Market News I've Found Interesting... and How It's Impacted Our Strategy

7/2/2024
Discover the shocking trends shaping the multifamily market in this eye-opening episode! From massive discounts on premium properties to the plunge in multifamily starts, we uncover the latest market news that will leave you rethinking your investment strategies. In this episode, we dive deep into three key trends impacting the multifamily sector. Firstly, we explore how lower cap properties are trading at significant discounts, affecting the market nationwide. Secondly, we discuss the drastic plunge in multifamily starts over the past year and its implications on rent growth. Lastly, we analyze the surprising increase in average lease terms signed by tenants and how it's influencing landlord strategies. Key points covered in this episode: - The impact of interest rates on property values and cap rates - The future of rent growth in light of reduced new developments - Strategies for signing longer leases to maintain occupancy and income stability. Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:18:32

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#243: The 4-Step Process To Selecting The Best Market In Which To Buy Multifamily Real Estate

6/28/2024
Are you unsure where to invest in real estate? In this episode of the Multifamily Wealth Podcast, we go over the four stages to choosing the best market for your property investments. From examining growth statistics to comprehending supply-demand dynamics, we dig into the critical aspects that might make or break your investment. Join us as we discuss the necessity of competition, gaining a competitive advantage, and appreciating the market in which you choose to invest. Key points covered in this episode: - The importance of buying close to home - Analyzing growth data and supply-demand dynamics - Finding a market where you can compete effectively - Selecting a market you enjoy visiting for easier deal management Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:13:32

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#242: The Easiest (and Most Cost/Time Effective) Way To Start Marketing To Sellers For Off-Market Deals - Build Your "Dream Deal" List!

6/21/2024
Are you struggling to find great off-market deals in multifamily real estate? In this solo episode of the Multifamily Wealth Podcast, I dive into the fundamental and straightforward approach for multifamily investors to market directly to sellers, even on a limited budget and time constraints. I emphasize the importance of creating a dream property list, focusing on specific geographical areas and property types that align with your investment goals. By narrowing down your target market to properties owned by individuals likely to sell, you can effectively market and prospect to these potential sellers. Key points covered in this episode: - Defining your dream acquisition list based on target geographical area and property type - Narrowing down the list to properties owned by individuals most likely to sell - Filtering properties based on ownership duration and lifestyle-oriented motivations - Tips on scaling direct-to-seller marketing and prospecting efforts Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:09:20

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#241: Growing a 4,000 Unit Portfolio with NO Investors + A Masterclass On Multifamily Operations with Logan Rankin

6/18/2024
In this episode, we chat with Logan Rankin, a highly successful multifamily investor who has built a portfolio of over 4,000 units with no partners or investors over the last 10+ years. Logan's background includes a decade at Target Corporation, where he held various leadership roles overseeing large P&Ls. He transitioned to real estate in 2013, starting with a single-family house and scaling up to 4,086 units. Logan's unique approach involves focusing on operational excellence, managing everything in-house, and developing a construction arm and property management company to support his portfolio growth. Logan also shares some insights on selling properties versus holding forever, his criteria for property acquisitions, and the operational strategies behind managing a large multifamily portfolio. Here are some of the topics we covered: - The strategies he used to build his portfolio with his own capital - The pros and cons of selling properties versus holding them forever - How he manages all his properties in-house and the importance of building a strong management infrastructure - His entire value-add process, including how he turns units in just 72 hours - The KPIs he tracks and the importance of operational efficiency - How he hires and develops his team, including a unique approach to training and certifying his staff Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners Connect with Logan: Follow him on Instagram Connect with him on LinkedIn Visit him on X (formerly Twitter) Check out his website

Duration:00:57:22

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#240: A Lens Through Which To Think About Potential Partnerships - Can I Easily Outsource This Partner's Contribution?

6/14/2024
Are you making the right partnership decisions in real estate? Find out the one question you need to ask yourself before diving into a partnership in this episode! For this edition of Multifamily Wealth Podcast, we deep dive into the importance of evaluating potential partnerships in real estate by asking a crucial question: Can I hire somebody to do the work this individual is going to do? We explore the common pitfalls of partnering without considering the replaceability factor, discuss examples of easily outsourced roles, and highlight the key pillars of successful real estate partnerships. Here, you’ll learn how to avoid partnership dissension and make strategic decisions in your real estate ventures. Key points covered in this episode: - The importance of considering whether the skills of a potential partner are easily replaceable by hiring someone in the open marketplace - Examples of partnerships in real estate investing and how to determine if a partner's role justifies giving up equity - Identifying roles in the investing process that are not easily outsourced, such as finding great deals, raising capital, and overseeing operations at a strategic level Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly. Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on LinkedIn Subscribe to our YouTube channel Learn more about Aligned Real Estate Partners

Duration:00:12:24