Ritter on Real Estate

On today’s episode of Ritter On Real Estate, we chat with Saket Jain. Saket is a #1 bestselling author, investor, syndicator, tech enthusiast, and philanthropist. Saket is the founder and CEO of Impact wealth builders where he’s passionate about achieving financial freedom through real estate.

He has over 15 years of experience in real estate investing. Saket along with his partners has built a portfolio of over 2000 units totaling $200M in assets across several US Markets & generate consistent double-digit annual returns.
Key Points From The Episode:

• Saket's background growing up in India learning about assets early.
• Learning the true value of an asset in 2016.
• What types of assets Saket was invested in before real estate and why he prefers real estate?
• Why it's important to just replicate what already works when investing.
• Being prepared for an economic downturn and ready to invest.
• Using cash flow from real estate to take advantage of downturn.
• The idea of real estate being "liquid".
• How to control inflation.
• What markets Saket invests in.

Books Mentioned:
- Mindset by Carol Dweck

On today's episode of Ritter On Real Estate, we chat with Ellie Perlman. Ellie is a real estate investor who owns multifamily properties across the U.S. Ellie is the Founder and CEO of Blue Lake Capital Group, a real estate investment firm specializing in multifamily acquisition and management. At Blue Lake Capital, Ellie helps investors grow their wealth by investing alongside her in large multifamily deals.

Ellie started her career as a commercial real estate lawyer, leading real estate transactions for Israel’s largest real estate company. Later, she transitioned to a property manager role and is now the CEO of Blue Lake Capital Group

Ellie holds a masters in Law and an MBA from MIT Sloan School of Management. She is a Forbes author and a real estate investing podcast host.​

In her spare time, Ellie enjoys working out, driving sports cars, skiing black diamonds, and investing in startups. Welcome to the podcast, Ellie!
Key Points From The Episode:

• Ellie's background, working as a former attorney, getting into real estate, and growing her firm.
• Why Ellie Prefers B-Class Real Estate Investments. How the tenants are more stable.
• Understanding risk-adjusted returns.
• Ellie's thoughts on supply risk. Downshift in supply w/ new interest rates.
• How Ellie's underwriting approach has changed.
• How to structure financing for multifamily investments.
• Good debt vs bad debt.
• How to grow a self-sustaining real estate firm.
• Why its better to not be cheap when hiring individuals.
• How an assistant was the best & first hire Ellie made.

Books Mentioned:
- The One Thing by Garry Keller

Our guest today is a man who needs no introduction; if you are an avid real estate podcast listener, you’ll definitely know this name. On this episode, we are excited to introduce Neal Bawa. Neal is a technologist who is universally known in real estate circles as the mad scientist in multifamily. He treats his $250 million-plus portfolio as an ongoing experiment of efficiency and optimization. Neal serves as the CEO and founder of Grocapitus, which is an iconic data-driven, commercial real estate investment company, and also serves as a CEO of Multifamily U, an apartment investing education company with over 5,000 students attending his multifamily seminars, and hundreds attending his magical multifamily boot camps each year. Tune in and join us today as we talk to Neal all about numbers, measurements, adapting, and succeeding. Neal shares a lot of key information and tips about using data to your advantage, reinventing and adapting to ensure your success, his opinion on the strongest asset classes, and what investors need to be paying attention to. He also unpacks the five ratios that you should be tracking, so stay tuned for all this and more!

Key Points From This Episode:

• Hear more about who Neal is, his background, and what led him into multifamily.
• Looking at data trends: the goal is to constantly be reinventing yourself because that's what data tells us to do.
• Neal shares the top strongest asset classes, pre-and post-pandemic: e-commence boom.
• How multifamily has stayed the average most favored class over the last six to seven years.
• Neal talks about how the pandemic has impacted the class C price: old versus new.
• What do investors need to be paying attention to, according to data, a year from now: no bad news in multifamily.
• Neal explains why the next twelve months are gold, even if bad things will happen after.
• Innovations that Neal is implementing now that keep him ahead of the curve: cameras, sell covered-parking, calculating and tracking key ratios.
• The five ratios:
  • The number of leads that your property seized each week.
  • The number of appointments that were set from those leads.
  • The number of people that actually showed up at the property.
  • The number of people that signed apps.
  • The number of people that became leases.
• What things in his portfolio would he consistently measure: unit turn.
• Neal’s message to passive investors at this point: make sure your syndicator is both excited and afraid.
• The one question that every investor should be asking their deal sponsor: what was their worst deal and how did they deal with it.
• What Neal is most proud of throughout his career, thus far: their employees and how their company has molded itself into an extremely customer-friendly place.
• A book everyone should read: The Miracle Morning.
• Neal’s number one key to success: measure everything, and adapt.

Links Mentioned in Today’s Episode:

Neal Bawa on LinkedIn

Neal Bawa on Twitter

Multifamily University

Multifamily University on YouTube

The Miracle Morning

Welcome to Curtis' Corner, a segment hosted by Hudson Investing's Vice President of Investor Relations, Curtis Edwards. On this episode,we chat with Corey Daharsh. Corey is the business development specialist at Advanta IRA. Advanta IRA is an elite provider of self-directed plans serving clients across the nation. Their mission is to enlighten and empower people who want to take an active role in building retirement wealth.

Born and raised in central Florida, Corey is a University of South Florida graduate. He worked in the finance and banking industry for several years before joining Advanta IRA. Corey is a Certified IRA Services Professional (CISP) and delivers exceptional service and self-directed expertise as he educates investors on the power of self-directed accounts in the Carolina/Tennessee region. Welcome to the show, Corey!
Key Points From The Episode:
-What is a Self-Directed IRA?
-Corey's background and upbringing.
-How Advanta IRA helps individuals take control over their retirement.
-Self-Directed IRAs vs more traditional alternatives typically recommended to investors.
Hudson Investing's Guide To Self-Directed IRAs:

On today's episode of Ritter On Real Estate, We chat with Paul Shannon and Jim Pfeifer.
Jim Pfeifer, the maverick behind Left Field Investors, who is rewriting investment rules and blazing a trail in passive investing and syndications. Formerly a financial advisor, Jim has transformed into a cash flow expert, breaking free from the standard playbook. His commitment lies in sharing his knowledge with others who are eager to explore alternative ways to grow their wealth. It is with this understanding that he founded The Left Field Investors, an organization dedicated to passive investment, thriving on principles of knowledge sharing, networking, and continuous learning.
Since transitioning to real estate investing full-time in 2019, Paul has acquired over 200 residential units, many deep value-add properties, starting with single-family and transitioning to multifamily, by recycling his equity and/or joint venturing. Paul is also an experienced limited partner, investing in over 1,500 multifamily units nationwide. These experiences have led to the formation of InvestWise Collective, a customizable fund aimed at helping investors diversify out of traditional markets into passive real estate opportunities. Welcome to the show Paul and Jim!
Key Points From The Episode:

• Jim's and Paul's background, Working in other careers, discovering Real Estate, and becoming investors.
• How Left Field Investors formed during the pandemic.
• Paul's background in sales, using the BRRRR strategy to start investing full-time
• How the mindset of investors has changed in just a few years.
• Why Debt is important in today's real estate syndication landscape.
• The competitive nature of investing in today's market.
• What Jim and Paul say to those who want to just leave their money in a savings account.
• The partnership between Left Field Investors and InvestWise Collective.

Books Mentioned:
- Avoiding Rookie Errors As A Left Fielder By Steve Su (Not out yet)
- The Creature From Jekyll Island by Edward Griffin