Multifamily 5

Robert Martinez, Founding Partner and CEO of Rockstar Capital, provides 'Rockstar' insight about how they managed to implement a paperless environment successfully, focusing on reputation management & transparency, and how all these efforts prepared them for the conversion to virtual leasing solutions effectively separating themselves from other owners & operators struggling to implement these much-needed virtual/remote solutions today. Since founding Rockstar Capital in 2011, Robert has directed the underwriting, acquisition, and management of 30 apartment communities consisting of more than 5,243 rental units. On top of running an award-winning business, Robert holds an Engineering Degree from Texas A&M and is the only person to have won the National Apartment Association Independent Rental Owner of the Year twice. Visit their website https://www.rockstar-capital.com/ to learn more.

Noah Molnar helps investors create additional cash flow by turning rental insurance into a property revenue stream.  The POPIC group of companies specializes in structuring, forming, and managing specialty insurance programs. The industry is set up so that 3rd party insurers are set-up to profit, but POPIC works with hundreds of multifamily owners to shift the paradigm, allowing the owners to capitalize on that revenue stream. Listen in to hear about their two services, how their process works, and how you can create additional cash flow on your multifamily portfolio. Contact Noah at nmolnar@popicllc.com, or visit their website: https://popicllc.com/

In this episode of the “Multifamily 5”, Mark Allen discusses the current COVID-19 environment from a sales and lending perspective with Todd Franks and Trip Going of Greystone. The podcast was recorded on Feb. 27th; Trip shares updates regarding debt service reserves, dynamic interest rate spreads, and loan forbearance. Todd reviews what he’s seeing in the sales market with offers, tours, deals under contract, strategies to work if the economy continues a downward trend, and more.

Ben Mandel helps investors with an alternative to the 1031 exchange. If you’ve ever wanted to sell but weren’t sure what to do with the equity because of the competitive market, Ben and his team can help with a unique tool. Listen to learn more about Ben’s offering and how you can defer capital gains without any of the 1031 exchange time requirements. For more information, reach out to Ben through email at macro350@gmail.com

Mike Ochstein of Price Realty Corporation is a multifamily veteran to say the least, with over 30 years in the business. Listen in to hear about how Mike got his start in multifamily as one of the original multifamily brokers in Dallas back in the 1980s, which ultimately led him to purchase his first property in the late 80s. Knowing that he couldn't be great as a broker and investor, he decided to jump to the ownership side and has bought and sold several thousand units over the years. Mike shares his biggest lessons learned, along with his focus for 2020, and what to focus on (or watch out for) at this point in the market cycle. For more information about Mike Ochstein and Price Realty Corporation, please visit www.pricerealtycorp.com.

Mitchell Voss from WindMass Capital has gone from 0 to 100, real quick! He used to fear if he would have the capital to buy the deal, now he focuses on great deals and knows the capital will be there. Mitchell works with several Family Offices to fund his deals. Why deal with a hundred investors on a single deal, when you can work with a few that are writing BIG checks? Listen to hear how Mitchell structures his deals, how he found and built relationships with Family Offices, and risks involved with working with Family Offices. He also weighs in on the differences between raising equity from within your network vs. working with Preferred Equity vs working with Family Offices. 30 minutes of GREAT content! Feel free to connect with Mitchell Voss on LinkedIn: https://www.linkedin.com/in/mitchell-voss-b1072116

D.J. McClure is with National Flood Experts as a National Account Manager. Have you ever purchased or looked to purchase a multifamily community in a flood zone? Flood Insurance premiums KILL NOI! National Flood Experts and their engineers works with FEMA to potentially remove your property from the flood zone, helping to reduce your insurance expense, and improve the value of your property (and cash flow). This podcast is a must listen, and you should reach out to D.J. to ensure you're working with him on your next property you're looking to purchase in a flood zone. D.J.'s Contact Information: dj@nationalfloodexperts.com

Brett Luskey joined Fairmont Management as Vice-President in 2015. He is responsible for the day-to-day operations of each of Fairmont's properties, marketing and development, tenant relations, project financial analysis, and human resources. We discuss one of the most important aspects of multifamily investment: property management. Brett delivers insights you're not going to find anywhere else. Brett's Contact Information: bluskey@fairmontmanagement.com 972.284.1045

Lane Beene. Air Force Captain and seasoned real estate investor. He explains the importance of approaching real estate investment like a solider would for a mission. Lane also shares his two keys to net worth and real estate investment. These are insights you don't want to miss.

Fiber Stream provides innovative internet and WiFi services at incredible speed. They wholesale these services in bulk packages to apartments, MDU’s, and business facilities across the continental U.S. Providing a technology perk to residents while adding another revenue stream to your business has never been so easy. Learn more during our conversation with Anthony, the COO of Fiber Stream.

Since founding Millennium Enterprises in 2007, Philip Manoucheri has worked tirelessly as his clients’ advocate, raising over $5 million in new ancillary income for property owners by negotiating service contracts for more than 35,000 apartment units. Prior to founding Millennium Enterprises, Phillip developed and managed an international textile trading company. Later, Philip worked in Operations for a mid size property management firm where he participated in the acquisition and sale of properties totaling more than $200 million. His training, practical experience, interest, and talent for enhancing property values through development of ancillary revenue streams led him to develop Millennium Enterprises.

Neal Bawa may not be "real estate royalty" as he puts it, but at the Founder and CEO of Grocapitus, a commercial real estate investment company, he sources, negotiates and acquires properties across the U.S. for 200+ investors. Learn how he stays ahead of the curve and uses technology driven solutions backed by data science to steer his course. You don't wanna miss this insight.

Ann Hambly and Stephanie Whittington of 1st Service Solutions discuss how they're helping investors close more deals, faster. As a broker, I've struggled with ongoing loan assumptions because of all the complexities with multiple stakeholders - 1st Service Solutions "quarterbacks" loan assumptions, so deals get to the finish line with less headaches and at a faster pace. Tune in to learn about loan assumptions and about how 1st Service Solutions is adding value for investors on a national scale. For more information, visit: http://1stsss.com/

Venkat Avasarala is a co-founder of Raven Multifamily Investments, where he and fellow co-founder (Ramana Korada) own B and C Class multifamily properties. Having recently sold two assets, Venkat provides the top 5 to-do's prior to selling a multifamily property. Please check out Ravenmf.com or e-mail venkat@ravenmultifamily.com for more information.

Katie Anderson is the CEO of SaveWaterCo, a company on a mission to save water at your property so you save money. Katie discusses their value proposition for owners of commercial real estate, their process and timeline when working with owners, and she answers some of the more common questions regarding their product and service. Not only is there an NOI boost for properties you already own, but water conservation can help you with new acquisitions from a few different angles. Visit www.savewaterco.com for more information.

Bailey Avalos with Refuse Specialists, a waste disposal and hauling consulting company. Their main job is to analyze, design and broker waste and hauling programs for your properties. They reduce your expenses and boost your NOI with no up-front cost or risk... it's a no brainer! For more information reach out to Bailey Avalos at bavalos@refusespecialists.com, or check out their website www.refusespecialists.com

OPPORTUNITY ZONES - Hot Topic, so hear how investors can benefit and reduce their capital gains tax burden by investing in qualified opportunity zones. Duncan Campbell can be reached via email to answer more questions at duncan.campbell@howard-cpas.com.

Harsh Patel of Xoom Energy focuses on saving investors money by reducing their electricity bill. Listen to hear about Xoom Energy and Harsh's unique approach working with investors, along with a recent case study in the DFW area. For more information, Harsh can be reached at harshacn19@gmail.com.

Yonah Weiss of Madison SPECS can help you increase your cash flow and reduce your tax liability through COST SEGREGATION. Yonah and I dive into the benefits of costs segregation, how tax reform affects cost segregation, how cost segregation affects limited partners (passive investors), and more! To learn more about cost segregation, reach out directly to Yonah on LinkedIn or at yweiss@madisonspecs.com.

Sean Miller is the President of PointCentral, a leading provider of property automation services to short/long term managers of single and multifamily properties. In our interview, Sean and I discuss what property automation is, how it's a value-add for tenants, and how owners are reducing operational expenses. To learn more about PointCentral's offering and value to owner/operators, visit www.pointcentral.com.