A Look Back at 100 Episodes! Ep 102

06/27/24 • 23 min

Join us as we celebrate over 100 episodes of The Journey to Multifamily Millions podcast in this special episode. We'll look back at some of our most popular guests from past episodes.

In this episode, I’ll share three quick highlights from previous guests about busting myths in real estate, spotting warning signs in investment opportunities, and giving tips for steadily building wealth.

This episode is packed with valuable insights and expert advice for investors at all levels.

Episode Topics

[00:38] Introduction and Milestone Celebration
[00:56] Thanking Our Listeners and Guests
[02:00] Highlighting Key Insights from Guests
[02:32] Red Flags Every Investor Should Watch For
[08:25] Debunking Myths in Real Estate Investing
[16:52] Defining Success in Real Estate
[20:45] Final Thoughts on Wealth and Legacy

Notable Quotes

"Every metro is both great, good, okay, bad, and horrible, depending upon the point in the cycle." — Neal Bawa
"If I try to sell you a deal and I don't invest in it, how do you expect me to believe in it?" — Jim Lee
"The more the GP team invests, the harder they're going to fight for a positive outcome." — Ryan Twomey
"Real estate's a get rich slow business." — Chris Larsen
"You really got to do your due diligence on the guys that you're dealing with." — Charlie Wessel
"If somebody's not transparent, I'm out instantly." — Nic DeAngelo
"Every sponsor should absolutely have money into their own deals so that they have that skin in the game." — Tim Little

👉 Connect with Tim

Linkedin: Tim Little
Instagram: @tim_at_zana
Email: [email protected]
Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Join us as we celebrate over 100 episodes of The Journey to Multifamily Millions podcast in this special episode. We'll look back at some of our most popular guests from past episodes.

This episode is packed with valuable insights and expert advice for investors at all levels.

Episode Topics

Notable Quotes

"Every metro is both great, good, okay, bad, and horrible, depending upon the point in the cycle." — Neal Bawa
"If I try to sell you a deal and I don't invest in it, how do you expect me to believe in it?" — Jim Lee
"The more the GP team invests, the harder they're going to fight for a positive outcome." — Ryan Twomey
"Real estate's a get rich slow business." — Chris Larsen
"You really got to do your due diligence on the guys that you're dealing with." — Charlie Wessel
"If somebody's not transparent, I'm out instantly." — Nic DeAngelo
"Every sponsor should absolutely have money into their own deals so that they have that skin in the game." — Tim Little

👉 Connect with Tim

Linkedin: Tim Little
Instagram: @tim_at_zana
Email: [email protected]
Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Previous Episode

Vetting the Deal is Vital, but so is Vetting Partners! with James Stratton, Ep 101

Join us with James Stratton, an expert in commercial real estate. He has a Master’s in Real Estate Finance and he’s put it to good use, working in urban planning, real estate development, and optimizing real estate portfolios.

In this episode, James, who’s a seasoned pro from OTG Realty Advisors, dives into the key reasons why multifamily real estate deals can fail. He talks about the importance of having a solid exit strategy, hiring the right team, organizing your finances, and having a clear process for acquisitions.

James also highlights the importance of thoroughly screening potential partners and investors and warns about the dangers of real estate scams.

Don’t miss this episode filled with valuable insights for anyone interested in real estate!

Episode Topics

[01:02] Meet our guest, James Stratton
[04:19] The Impact of Market Volatility
[10:07] Financial Pitfalls in Real Estate Investments
[17:38] Vetting General Partners and Team Members
[26:26] Equity Distribution Strategies
[29:01] Importance of a Defined Acquisition Process
[34:28] Understanding Risk in Real Estate Investments
[41:48] Identifying and Avoiding Predatory Practices
[33:22] Connecting to James

Notable Quotes

"Not beginning with the end in mind can lead to deals going bad." — James Stratton
"Bridge loans are usually going to be a higher interest." — James Stratton
"The three tenants of finance: magnitude of cash, timing of cash, and risk of cash." — James Stratton
"There's 5 trillion in 401ks out there. People just have a lot more money than they realize." — Tim Little
Your best partner is a silent partner and that's the bank." — James Stratton

👉Connect with James Stratton

LinkedIn: James Stratton
Website: OTG Realty Advisers LLC
Email: [email protected]
Telephone: 817-225-5838

👉 Connect with Tim

Linkedin: Tim Little
Instagram: @tim_at_zana
Email: [email protected]
Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Next Episode

Destroying Debt and Being Your Own Bank with Mark Willis, Ep 103

Welcome to the Journey to Multifamily Millions podcast, where we discuss money matters with experts!

Join us as I talk to Mark Willis, a certified financial planner and bestselling author from Lake Growth Financial Services in Chicago, Illinois.

Mark shares strategies for achieving financial independence, including using whole life insurance and the 'Debt Snowbank Method'. He shares his journey from student debt to financial freedom, emphasizing smart investing and critiquing traditional savings methods.

If you're looking to improve your money management, pay off debt efficiently, and build a secure financial future, this episode is essential!

Tune in for Mark's expert advice on making better financial decisions starting today.

Episode Topics

[01:09] Meet our guest, Mark Willis
[04:56] The Debt Snowbank Method Explained
[08:27] Real-Life Applications and Benefits
[16:23] Addressing Common Concerns and Misconceptions
[25:46] The Importance of Liquidity
[34:31] Vetting Financial Advisors
[40:15] What is one red flag every investor should look out for?
[40:29] What is a myth about the real estate business?
[41:47] Connecting to Mark

Notable Quotes

"Constraints drive innovation." — Mark Willis
"There's not always a six-figure job waiting for you on the other side." — Tim Little
"You finance everything you buy. Whether you use debt or your savings, you're financing it." — Mark Willis
"Americans are not very good savers writ large. Some people are obviously very good. Others not so much." — Tim Little
"If I own the company by which I took the policy loan from, I'm in control of repaying that loan on the pace and terms that I wish." — Mark Willis
"There is a rate of return on liquidity that I think some people should at least keep in mind." — Mark Willis

👉Connect with Mark Willis

LinkedIn: Mark Willis
Website: Lake Growth
Email: [email protected]
Telephone: 1-800-962-9141

👉 Connect with Tim

Linkedin: Tim Little
Instagram: @tim_at_zana
Email: [email protected]
Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
Get your Passive Investor's Cheat Sheet FREE

Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Journey to Multifamily Millions - A Look Back at 100 Episodes! Ep 102

Transcript

[00:00:00] Tim Little: I have something a little special planned. And that's because we have hit a very special milestone. We have done over 100 episodes of the journey to multifamily millions.

[00:00:23] Tim Little: Hello everyone and welcome to the journey to multifamily millions. I'm your host, founder and CEO of ZANA Investments. And for today's show, I have something a little special planned. And that's because we have hit a very special milestone. We have done over 100 episodes of