The TCO Method

Andy McQuade brings over two decades of experience on the supply side to today's episode where he discusses a couple of the most blatant lies about product that keep getting repeated across the industry. Highlights: - 00:01:45 - Discussion on product quality not differing significantly between big-box retailers and smaller stores using power tools as an example. - 00:04:30 - Explanation on why brands don't risk their reputation by selling lower quality items in different stores. - 00:06:50 - Exploration of how economies of scale, especially in mass production, can significantly reduce costs across various business sectors. - 00:10:15 - Analysis of the competitive advantage large retailers have due to their purchasing power and negotiation leverage. - 00:14:40 - Suggestions on how smaller businesses can remain competitive by adopting smart scaling strategies. - 00:18:20 - Emphasis on the importance for businesses to focus on systems and processes that facilitate scaling. - 00:20:50 - Urging listeners to be skeptical of misinformation and verify the credibility of sources before accepting advice. - 00:23:45 - Conclusion of the episode as both a myth-buster and guide for understanding the dynamics of retail quality and strategic use of economies of scale in business. Video, Summary, Show Notes & Transcript Please take the time to support the show - we’d appreciate you subscribing and leaving us a review! YouTube | Apple Podcasts | Spotify Learn more about Andy McQuade Visit his website Check out Andy's Consulting Firm Follow Andy on social media LinkedIn | Twitter/X | Instagram | Facebook | Reddit Andy's Podcast Recording Tech Stack: If you use these links, we earn a small commission on your purchase which helps support the show. Shure SM7-B Microphone Cloudlifter CL-1 Inline Preamp Focusrite Scarlett 2i2 Gen4 Audio Interface Heil Sound HB-1 Mic Boom Sennheiser HD 300 Pro Headphones Want to know more about The TCO Method ®? Check out our website Sign up for our Newsletter Join our Patreon Donate and support the show Find us on Social Media LinkedIn | Twitter/X | Instagram | Facebook | FB Group | Subreddit Question? Feedback? Comment? e-mail us This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with insured, licensed, and qualified professionals about your specific, individual situation. Read the full disclaimer.

Are you sick of real estate podcasts that all sound the same? That all talk about the same things over and over again without actually giving you the information you REALLY want and need? The TCO Method ® might be the show you've been waiting for. We talk about how to actually DO the things that help you make more money in real estate in order to MASSIVELY INCREASE YOUR NET OPERATING INCOME ™. Every guest we bring on is a subject matter expert in their specific niche of real estate, in this trailer we include clips from Gino Barbaro of Jake & Gino, Aleksey Chernobelskiy, author of LP Lessons, Jeremy Goodrich of Shine Insurance, and Yonah Weiss of Madison Specs and the Weiss Advice Podcast. Please take the time to support the show - we’d appreciate you subscribing and leaving us a review! YouTube | Apple Podcasts | Spotify Learn more about Andy McQuade Visit his website Check out Andy's Consulting Firm Follow Andy on social media LinkedIn | Twitter/X | Instagram | Facebook | Reddit Want to know more about The TCO Method ®? Check out our website Sign up for our Newsletter Join our Patreon Donate and support the show Find us on Social Media LinkedIn | Twitter/X | Instagram | Facebook | FB Group | Subreddit Question? Feedback? Comment? e-mail us This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with insured, licensed, and qualified professionals about your specific, individual situation. Read the full disclaimer.

Gino Barbaro joins Andy McQuade on The TCO Method ® podcast to discuss how Jake & Gino successfully own and operate over 2,000 units across their multifamily portfolio - without the issues currently plaguing the industry. Key takeaways from the episode include the significance of proactive property management for tenant retention, the synergy between asset and property management, weekly monitoring of key performance indicators, and the importance of financial stewardship. Gino and Andy also highlight strategies such as using durable materials, systematizing property management, and establishing solid vendor relationships. Additionally, Gino shares their secrets about cultivating a company culture, incentivizing employees through investment opportunities, and adopting a multi-tiered approach to adding value to property management. Read the transcript, show notes & summary Highlights: 0:04:59 - Maximizing Tenant Retention and Financial Efficiency 0:14:02 - Investment Strategy and Asset Management 0:24:43 - Considerations for Buying Real Estate Assets 0:33:45 - Managing Property Managers and Workforce Efficiency 0:40:07 - Property Managers and Hiring Culture Issues 0:46:59 - Leveraging Employee Incentives and Restrictions 0:56:32 - Contrasting Section 8 and the Market About Gino Barbaro: Gino is an investor, business owner, author and entrepreneur. As an entrepreneur, he has grown his real estate portfolio to over 2,000 multifamily units & $250,000,000 in assets under management. Gino owned an Italian restaurant for over twenty years, and was affectionately known as the pizza guy. He met Jake in 2009, and the duo purchased their first deal in 2013. Gino left the restaurant back in 2016 to become a full-time multifamily investor. Gino and his partner, Jake, launched the Jake & Gino community back in 2016, the premier multifamily real estate educational community, to teach others how to invest in multifamily real estate. He is the best-selling author of three books, Wheelbarrow Profits, The Honey Bee and Family, Food and the Friars. He currently resides in St. Augustine, Florida with his beautiful wife Julia and their six children. Order Gino's bestselling books below - if you use these links, we earn a small commission on your purchase which helps support the show. Wheelbarrow Profits The Honey Bee Family, Food, And Friars Want to know more about Gino? Check out the Jake and Gino Website Connect on LinkedIn | Follow their Instagram Please take the time to support the show - we’d appreciate you subscribing and leaving us a review! YouTube | Apple Podcasts | Spotify Learn more about Andy McQuade Visit his website Check out Andy's Consulting Firm Follow Andy on social media LinkedIn | Twitter/X | Instagram | Facebook | Reddit Want to know more about The TCO Method ®? Check out our website Sign up for our Newsletter Join our Patreon Donate and support the show Find us on Social Media LinkedIn | Twitter/X | Instagram | Facebook | FB Group | Subreddit Question? Feedback? Comment? e-mail us This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with insured, licensed, and qualified professionals about your specific, individual situation. Read the full disclaimer.

Aleksey Chernobelskiy joins Andy McQuade on The TCO Method ® podcast to discuss the current state of distressed and struggling real estate syndications and what they've done to get here - but more importantly how to avoid many of issues by learning what to look for. He brings stories and perspective on ethical capital raising, how to identify red flags in pitch decks given by capital raisers, what to ask and be aware of when going into a deal with your hard-earned money, and so much more - this episode is a MUST SEE. Watch the video & read the transcript, show notes & highlights here Highlights: 0:14:16 - Understanding Investment Risks and Expenses 0:21:13 - Interest Alignment in Investment Waterfall 0:23:50 - Investment Bias and Conflict of Interest 0:27:59 - Investment Nightmare Stories and Seeking Solutions 0:43:58 - Misunderstandings Around Acquisition Fees 0:47:05 - Real Estate as a Safe Investment 0:53:13 - Conservative Underwriting in Real Estate 0:57:44 - Investing in Syndications 1:01:08 - Avoiding Syndication Mistakes, Educating on Investing About Aleksey Chernobelskiy: Aleksey advises Limited Partners ("LP's) and General Partners ("GP's" or "Sponsors" ) on existing and future investments. He writes weekly to over 1,800 investors on his Substack where he shares how to property vet and think about LP investments in the grand scheme of their portfolios. Aleksey also helps General Partners on matters relating to LPs, like capital calls and distribution pauses and provides feedback on investment decks. Prior to this advisory work, Aleksey ran STORE Capital's $10 Billion commercial real estate portfolio and oversaw the firm's underwriting team. Aleksey graduated from the University of Arizona with a quadruple major - Finance, Mathematics, Economics, & Accounting. Connect with Aleksey Twitter/X | LinkedIn | Substack MUST READ Substack ARTICLES Top 15 Syndication Mistakes Three Pillars of LP Investing -Execution -Alignment of Interests -Property Do Sunk Costs Matter In Capital Calls? Don't Lose Money (seriously) Please take the time to support the show - we’d appreciate you subscribing and leaving us a review! YouTube | Apple Podcasts | Spotify Learn more about Andy McQuade Visit his website Check out Andy’s Consulting Firm Follow Andy on social media LinkedIn | Twitter/X | Instagram | Facebook | Reddit Want to know more about The TCO Method ®? Check out our website Sign up for our Newsletter Join our Patreon Donate and support the show Find us on social media LinkedIn | Twitter/X | Instagram | Facebook | Facebook Group | Subreddit Question? Feedback? Comment? e-mail us This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with licensed and qualified professionals about your specific, individual situation. Read the Full Disclaimer

Andy welcomes Jeremy Goodrich to the show, where he shares the current state of ever-increasing insurance costs for commercial real estate and real estate in general and how important having a team and business partners looking out for your best interest really is. Watch the Video, Read the Transcript, Show Notes & Summary HERE Highlights: 0:01:19 - Increasing NOI Through Risk Management 0:06:51 - Insurance Industry Turnaround and Pricing 0:09:43 - Carnage in Texas 0:13:13 - Importance of Conservative Numbers in Apartments 0:18:40 - The Impact of Lawsuits and Expenses 0:23:33 - Due Diligence for Risk Management 0:27:38 - Mindset and Safety Systems for Success 0:35:14 - Captives and Insurance Options 0:47:21 - Risks for Inexperienced Real Estate Investors About Jeremy Goodrich: Jeremy is the Chief Protection Officer at Shine Insurance Agency, host of the Managing Commercial Real Estate Risk Podcast and the #creriskking. An expert in CRE Risk Management and Asset Protection, Jeremy is a teacher at heart and helps his clients understand the challenging world of real estate insurance and assists them in building a strategy that mitigates and minimizes risk and exposure while making sure they have the right coverage to protect their assets. Learn more and connect with Jeremy: His day job – Shine Insurance Agency Connect with him on LinkedIn His Podcast – Apple | Spotify | Podchaser Shine Insurance YouTube Please take the time to support the show - we’d appreciate you subscribing and leaving us a review! YouTube | Apple Podcasts | Spotify Learn more about Andy McQuade Visit his website Check out Andy’s Consulting Firm Follow Andy on social media LinkedIn | Twitter/X | Instagram | Facebook | Reddit Want to know more about The TCO Method ®? Check out our website Sign up for our Newsletter Join our Patreon Donate and support the show Find us on social media LinkedIn | Twitter/X | Instagram | Facebook | Facebook Group | Subreddit Question? Feedback? Comment? e-mail us This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with licensed and qualified professionals about your specific, individual situation. Read the Full Disclaimer

Massively Increase Your Net Operating Income™ with The TCO Method™ Are you running your business and your projects, or are your projects and business running YOU? Andy continues the conversation around the need to show up and do the work to get ahead of your business. Read the transcript Watch the episodes on YouTube Our Saturday Special interview episodes have landed! Listen to our second episode with net lease commercial broker, Dan Lewkowicz Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Massively Increase Your Net Operating Income™ with The TCO Method™ Are you running your business and your projects, or are your projects and business running YOU? Andy talks about how planning ahead, systems, and standards will help you take control of your operations so you can scale. Watch the episodes on YouTube Our Saturday Special interview episodes have landed! Listen to our second episode with net lease commercial broker, Dan Lewkowicz Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy welcomes commercial net lease broker Dan Lewkowicz to the program for our second Saturday Special interview episode! Read the transcript Watch the episode on YouTube They discuss the current market and Dan breaks down making money and adding value in net lease real estate, what risks to watch for and what to avoid when doing commercial real estate deals. Dan is a seasoned real estate veteran with over 15 years of experience across multiple facets of the real estate industry. Starting his career by “House Hacking”, he quickly moved on to flipping houses in and around metro Detroit and eventually created Renaissance Real Estate Ventures which specializes in the acquisition, financing, renovation and resale of single family residential properties in Detroit, Michigan. A former business development executive at Amazon and Senior Advisor at Fortis Net Lease specializing in commercial real estate investment sales, he is currently a Senior Director at Encore Real Estate Investment Services and specializes in shopping centers, medical office, pharmacy, quick service restaurants, auto repair and parts stores and resorts. Dan currently resides in Birmingham Michigan with his wife, Brady and their has five lovely children. He enjoys running, boxing, lifting weights, yoga, and playing acoustic guitar. Learn more and connect with Dan: Connect with him on LinkedIn His day job – Encore Real Estate Investment Services Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy talks all things appliances, from service to expectations and what to avoid and how to generate some extra NOI with incidental income with your business. Read the transcript Watch the episodes on YouTube Our Saturday Special interview episodes have landed! Listen to our first episode with The Cost Seg King, Yonah Weiss Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy discusses three toxic personalities and cutting people out of your business and personal life who are holding you back. Read the transcript Watch the episodes on YouTube Our Saturday Special interview episodes have landed! Listen to our first episode with The Cost Seg King, Yonah Weiss Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy deep dives into the why and how of process costing and breaks down a few examples that show how important it is to understand what your true cost of doing business is and how it can impact your long-term success. Read the transcript Watch the episodes on YouTube Our Saturday Special interview episodes have landed! Listen to our first episode with The Cost Seg King, Yonah Weiss Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy makes a few announcements about the new website (check it out here) and starts a discussion about how to identify and start a relationship with vendors to reduce costs, and get better service. Read the transcript Watch the episodes on YouTube Our Saturday Special interview episodes have landed! Listen to our first episode with The Cost Seg King, Yonah Weiss Want to know more about The TCO Method™? Check out the website Learn more about Andy McQuade Support the show! Follow us on: LinkedIn | Instagram | Twitter | NEW Free Facebook Group Subscribe to our upcoming Substack Newsletter

Andy welcomes the Cost Seg King himself, Yonah Weiss in the very first interview special of The TCO Method ® podcast. Yonah covers all the details on cost segregation, how it works and who it's best for, and answers all the random questions Andy can toss at him. Watch the video, read the transcript, show notes & highlights HERE Highlights: 0:00:00 - The Importance of Planning Ahead 0:03:35 - Understanding Depreciation in Real Estate 0:07:11 - Bonus Depreciation Changes in Tax Code 0:14:07 - Analysis and Tax Savings for Property 0:21:02 - Depreciation Tax and Capital Gain Rates 0:26:23 - Maximizing Tax Benefits With Cost Segregation 0:33:25 - Effective Networking on Social Media 0:37:27 - Active Investing and Resilient Assets About Yonah Weiss: Yonah is a powerhouse with property owners’ tax savings. As Business Director at Madison SPECS, a national Cost Segregation leader, he has assisted clients in saving hundreds of millions of dollars on taxes through cost segregation. He has a background in teaching and a passion for real estate and helping others. He’s also an active real estate investor and hosts the top real estate podcast Weiss Advice. Learn more and connect with Yonah: His website – https://yonahweiss.com His podcast – Apple | Spotify | Google | Podchaser His day job – Madison Specs Stalk his social media – LinkedIn | Twitter | Instagram | Please take the time to support the show - we’d appreciate you subscribing and leaving us a review! YouTube | Apple Podcasts | Spotify Learn more about Andy McQuade Visit his website Check out Andy’s Consulting Firm Follow Andy on social media LinkedIn | Twitter/X | Instagram | Facebook | Reddit Want to know more about The TCO Method ®? Check out our website Sign up for our Newsletter Join our Patreon Donate and support the show Find us on social media LinkedIn | Twitter/X | Instagram | Facebook | Facebook Group | Subreddit Question? Feedback? Comment? e-mail us This podcast is for informational purposes only and should not be considered legal or financial advice. You should always consult with licensed and qualified professionals about your specific, individual situation. Read the Full Disclaimer

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy discusses systems and controls on a much larger scale and dives into building a tool that most large operations who scale have already implemented - a standards guidebook.

Massively Increase Your Net Operating Income™ with The TCO Method™. Andy discusses inventory management and ordering controls, standards, and the need to streamline and simplify operations to create transparency and collect good data to help you make money down the road.

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy digs into the importance of having a coach or mentor to help you develop and improve your performance for the benefit of both your life and business, but also discusses vetting those people properly. Social media is a powerful tool, but the risk of it being smoke & mirrors is real.

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy discusses the benefits of automating as many repetitive processes as possible that are a time sink or an opportunity for complications, human error, or failure and how it can benefit your organization to do so.

Massively Increase Your Net Operating Income™ with The TCO Method™. Andy discusses the different types of Group Purchasing Organizations (GPO's), how they work, and how they make their money. Learn about when GPO's might be the right fit and find out how much buying power and money you leave on the table by letting them control your purchasing. We also discuss "consultants" that are basically salespeople representing brands and products who get paid twice - once by you for their "consulting" and also via kickbacks from the vendor they are recommending to you and your team.

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy discusses current internet business clichés - the value of your network - or the lack thereof - and how you "become the five people you spend the most time with" and what the costs and challenges of that really are, why it's necessary and how it can help steer your success and the money you make and keep by bringing the people in your network onto your team...if they are the right fit.

Massively Increase Your Net Operating Income™ with The TCO Method™ Andy shifts the conversation away from procurement and discusses capex, cash reserves, and other impacts to your budgetary planning and why it's important to have good data and leverage that for success - while taking into consideration all the potential issues and desired outcomes while establishing the budget for best results.