Invest Florida - A Real Estate Podcast

Leveraging Syndication to Do Larger Deals Jim's family migrated from Taiwan. It's the classic immigrant story, building a great business from ground floor. Learn about his strategies to grow from tenants, toilets and trash to managing a successful syndication company.     Key Discussion Points [01:07] Introduction by Eric & Steven [03:19] About our guest: Jim Lee [04:33] How did you end up doing Syndications? [07:33] Is the American dream still alive, even for immigrants? [08:20] How did you get started on your first deal? [09:52] Tell us about your first Synidcation deals in Florida [15:33] What were the mechanics of the deal? Cash? Investors? etc... [18:03] In depth discussion: syndication, waterfalls, preferred return, etc. [20:33] How did you find your business partner? And why did you start doing business with him? [23:13] Talk about the underwriting aspect of this deal and the property management. [25:44] Do you have onsite managers for all your properties? How is maintenance handled? [28:39] Are th

Matt is a local attorney that practices real estate law. He has been on top of a law that recently opened non-residential properties up for residential development. The law came out of Tallahassee and is being dictated to the local municipalities. This could be a great opportunity for people looking to build to rent.   Key Discussion Points [01:11] Introduction by Eric & Steven [11:15] About our guest: Matt Newton [12:43] Give us your background and why you got into real estate law [19:27] The Live Local Act: Trying to make housing more affordable [20:48] Explain the Live Local Act and how it helps create affordable housing [28:15] Under the Live Local Act, is it true that for workforce house, you can you bend the zoning rules? [34:11] Talk abou the timeline for Live Local - is it on the books right now? [38:14] How would you guide an investor who feels they have a parcel they could use Live Local for? [45:37] How can folks reach you? [50:58] Closing comments by Eric & Steven     About Our Guest    

The benefits of Land Trusts Joe Seagle is a is an attorney based in South Florida. He focuses on providing services that help real estate investors purchase, protect and pass on assets. He is going to discuss Land Trusts...how they are work...why they are better in many instances than LLCs and other forms of ownership of real estate.     Key Discussion Points [01:22] Introduction by Eric & Steven [08:25] About our guest: Joe Seagle [12:47] Advantages of having a land trust vs a LLC? (asset protection, etc) [20:23] Money Lending [25:56] Can you have a land trust without having any property in it yet (like is required for an LLC)? [27:58] How might a land trust fit into estate planning? [30:51] Hiding the purchase price [33:35] If a property is already owned, is it too late to turn it into a land trust? [37:03] Buying properties subject to the mortgage [46:01] How can people reach you? [46:36] Closing comments by Eric & Steven     About Our Guest   Joe Seagle is a legal GPS for the real estate and hospi

Doug is a seasoned real estate investor who KNOWS the State of Florida. Through his firm, Shoreham Capital, Doug engages in building residential properties to rent. He discusses how it is easier to reach critical mass with build to rent as opposed to sourcing one-off deals and spends a lot of time discussing the Florida market...where he likes and what he looks for.   Key Discussion Points [01:20] Introduction by Eric & Steven [10:20] About our guest: Doug Faron [11:32] How did you get into this side of the business? And what's your vision? [14:30] Which areas were you focusing on doing your "build to rent"? [15:31] What led you to focus on residential? [21:05] What are you seeing in the residential market with regard to rent / prices? And where do you see the future headed? [25:12] What market conditions are you seeing in south Florida? What about with office / commercial? [31:23] Re: the "build to rent", when you develop, how do you determine your holding period before you sell? [35:43] Which areas of F

Email is NOT dead. With more rules coming out about cold texting, it might be time to revisit how investors source deals. Emailing is not only tried and true, it is also less invasive and professional when prospecting. Adam discusses how to set up...what are the strategies...how to find and clean data.   Adam has a special deal for you:   A.I. Cold Email Mastermind: https://msha.ke/eoc#mastermind Use code "FL50" for 50% off.     Key Discussion Points [01:20] Introduction by Eric & Steven [03:51] About our guest: Adam Rosen [07:22] Tell us about your data / cold email sequencing system [10:34] How do you go about gathering your data? [12:15] Do you use other providers like Seamless AI? [16:01] How likely is it that your emails actually make it to the intended user? [22:16] Regarding email, what works and what doesn't? [26:03] Do you do followups after sending out emails? [30:05] For the Real Estate investor, how do you build trust through the email? [36:48] Is your Mastermind still open to people? [39:45]

Making it Big with Mobile Home Parks Charlotte is an impressive person. The first thing you notice about her is her positive can-do energy. She migrated to the USA at 16 from China, searching for a better life. After graduating from Georgia Tech, a few short years later, she is the Managing Partner of John's Creek Capitol, which has purchased 28 parks under her leadership. Find out how she did it!     Key Discussion Points [01:08] Introduction by Eric & Steven [06:03] About our guest: Charlotte Dunford [10:08] How did you get started in real estate? [12:59] As a young graduate, how did you overcome the lending obstacle? [14:13] Tell us about the syndication business and how that works [16:02] How did you overcome not having a track record? [17:49] What do you bring to the table in order to get the "upside"? [20:40] What are the key indicators that tell you if it's a good investment? [22:21] How are you finding deals? [25:22] Do you get a deal under contract first, and then syndicate? Or are you assembling

John Cadden from Condominium Advisory Group joins us today to discuss big changes that have occurred in the Florida condominium arena. The collapse of the Surfside condo 2 years ago led to significant rule changes. Find out what they are, along with a bevy of other changes that are affecting go-no-go decisions for investing in Florida condos.     Key Discussion Points [01:11] Introduction by Eric & Steven [05:22] About our guest: John Cadden [07:23] Is there a lot of density of investors in the Condo market? [11:50] What should Condo investors look out for that might trip them up? [15:16] What is a condo conversion? [20:01] Given that Florida insurance rates are sky high, how is this affecting investors? [21:55] So condo investors might not be holding their assets for appreciation if prices start to slow down [26:40] Condo reserve and structural reporting [33:59] Talk about the affect of the new rule passed in March by the Federal Legislature [42:13] Discussion about Florida insurance increases [45:42] Di

Calvin Roberts, besides being an insurance agent, likes to study issues in his industry for fun! Florida property owners are experiencing record insurance increases....the increases are starting to become crippling. We discuss the main issues. They might not be what you think they are....the main issues are actually very manageable. Find out what can be done.     Key Discussion Points [01:10] Introduction by Eric & Steven [06:11] About our guest: Calvin Roberts [07:23] Is the rest of the country (outside Florida) also feeling the pain of increased property insurance? [09:13] Why is Florida's property insurance so high? [13:07] Are the attornies and roofing contract companies on contigency basis? [15:35] What are other states doing that Florida is NOT doing to help mitigate some of the cost to the consumer? [17:35] What effect did the legislation that was passed have on helping to lower property insurance? [21:56] Is Florida's Citizens Insurance helping to plug the gap in the insurance costs? [24:18] What

Importance of Background Checks on Tenants and Potential Investment Partners Hank Balevic is a former FBI Special Agent and Director of Corporate Security. His lifetime experience deal with security gives him a unique perspective for his current company, running background checks and due diligence on tenants and potential investment partners. The arena is a landmine for investors and Hank walks through and discusses the potential issues all investors need to know to stay out of hot water.     Key Discussion Points [01:22] Introduction by Eric & Steven [07:02] About our guest: Hank Balevic [11:36] How do background check companies sometimes miss criminal backgrounds? [17:42] What's the best type of background search to do? [21:46] What are pitfalls of the Fair Credit Act? And what are your thoughts on the cheap background checks? [25:15] How should apartment landlords properly handle their screenings? [27:07] What is the average time it takes for a proper background check? [27:44] Do you come across errors

Dr. Chau Ong joins the Invest Florida show to discuss corporate housing arbitrage. It's not long term rentals and it's not AirBnB. It's a combination of the 2 and his strategy allows you to ramp up cash flow fast, and you don't need the capital you think you do to get involved. Dr Chau is a Vietnamese immigrant and comes from humble beginnings. He has a fascinating story. Check it out! Key Discussion Points [01:03] Introduction by Eric & Steven [05:03] About our guest: Dr. Chau Ong [06:13] How did you get to where you are today? [10:03] How does it work to use other people's property? [10:54] So for a particular property, what would you rent it for, and what would you lease it for? [13:12] With regard to short and long-term rental, what has been your experience with the market in Florida? [14:51] What does a typical corporate Florida resident look like for you? [16:40] How do you find the people who will lease you their home? [18:43] Where do you get the furniture when renting out the leased properties?

Eric & Steven Return from an Involuntary Leave of Absence and Talk the Florida Market Good to be back! Eric Odum and Steven Silverman took an involuntary break for a few weeks while Eric healed. They return to discuss what happened...and what is going on in the Florida market since they have been away.     Key Discussion Points [01:11] Introduction by Eric & Steven (discussion about Eric's accident / why they've been away for 2 months) [04:00] Recap of what's been going on in the market (banks collapsing, etc) [07:50] Why Florida is more insulated from economic issues relative to other parts of the country [10:33] Discussion about the residential market [13:54] Discussion about the commercial side [14:52] What's been going on in the Office Market? [20:58] Cap rates [23:49] What does the future hold? [29:43] Closing comments by Eric & Steven     About Our Eric and Steven     Florida Investment Real Estate provides turnkey real estate investment solutions for our clients. With a diverse background

James Svetec is a knowledgeable AirBnB operator. He got his start in the short-term rental market by managing properties in Downtown Toronto. Riley Oickle is a specialist and mentor in multi-family residential market. Both now assist vacation investors find success across North America. They check in with the show today to talk about what they are seeing in Florida and share some hacks on the vacation rental market.   Key Discussion Points [01:06] Introduction by Eric & Steven [05:19] About our guests: Riley Oickle & James Svetec [06:25] James: How did you get to where you are today? And why are you doing what you're doing? [07:29] Riley: How did you get to where you are today? [08:10] So you're based in Canada but you work with people in the Florida market, correct? [08:49] What are you seeing with the B&B market in Orlando? [10:42] What are 2 or 3 big things to keep in mind for investors considering purchasing property for a vacation rental? [12:22] How do you deal with maintenance and property

We have been seeking someone to discuss land flipping with us. Land is a bit of an "outsider" asset class. Why? Because it is not typical cash flowing real estate. Finding investors to partner with or borrow from can be challenging. But that does not mean the asset class cannot be lucrative. Pete has been investing in the East Coast for over a decade and is now dipping his toe in the Florida market. Find out how he does it! Key Discussion Points[01:14] Introduction by Eric & Steven [07:02] About our guest: Pete Reese [12:40] How did you get to where you are today with land flipping? [15:35] Tell us about your Raleigh, NC connection [16:31] What types of property to you focus on? And what's the sweet spot? [17:56] When you reach out to people via letters, what do you say in those letters? [18:48] What is the response rate for the letters you send out? [21:29] Do you take possession of the property when you decide to flip it? [22:53] How do you get other folks to invest with you? [24:48] How are you using

Finding deals that work in this market can be a real challenge. Rising interest rates have created a gap between CAP rates and borrowing rates. We are like any other investor, trying to find a way to make a return. Our guest, Fred Moskowitz, has been investing in alternative investments for over 15 years. He joins us to talk about opportunities in the private note market and how this asset class might be fit into your portfolio.     Key Discussion Points [01:06] Introduction by Eric & Steven [05:39] About our guest: Fred Moskowitz [06:48] Tell us how you got into Note Investing? [11:11] Talk about the importantace of diversification to help mitigate risk in a portfolio of notes [13:08] How do you interact with the investor class? [14:36] How long are you locked into the investment? [17:24] How do you source? [18:14] What kind of yield do you get on investment for notes? [21:23] Is it viewed as an "upside" if a property falls into foreclosure? [24:25] Are there states that you prefer over others? Why? [27:

Talking Multifamily in N Florida Beau is a multifamily broker covering North Florida. He is one of the best known apartment advisors in the State. He gives us a rundown of the market and why investors don't see all the good deals.   Key Discussion Points [01:15] Introduction by Eric & Steven [05:41] About our guest: Beau Beery [06:36] How did you get into the real estate business, and specifically in multifamily? [10:16] How can people find deals in the multifamily market? [15:06] What's your advice for newer investors trying to find the right broker like yourself? [26:03] How do you avoid bogus retrading tactics? (i.e. trying to muscle the seller into significantly shaving the contracted sale price right before the sale) [30:06] Tell us about how to do market analytics [35:45] With the current inflationary environment, what do you see in the multifamily market right now, and what do you see happening over the next 18 months? [39:38] Do you think the Fed is going too far with raising interest rates? [43:2

Chris Kaiser, Sona Energy, joins us today to talk about how to save costs at your commercial property by implementing green energy solutions. Key Discussion Points [01:03] Introduction by Eric & Steven [04:28] About our guest: Chris Kaiser [05:35] Give us an overview of the clean energy solutions you are involved in now [06:55] How did you get involved with Sona? (a clean energy solutions company) [11:17] What are the economic benefits of clean energy for commercial properties? [16:56] Tell us about your experience with Retail / Grocery Stores regarding "green" lighting (LED lighting) [17:48] If LED is the "low hanging fruit" for green energy, what's the next level? HVAC? [21:23] Are renewables effective for investors to bring down costs? [28:14] What tax incentives are there for investors / tentents for green lighting, HVAC, and EV charging? [31:36] With commercial real estate, who makes or loses money on the "free" EV charging stations? [36:02] How can people reach you? [38:37] Closing comments by Eric

Talking Hotels and AirBnB Cherif has a unique background. He started in hotel management and learned running hotels from one of the best in the business. While he has invested in many real estate asset classes, his forte is hotels. He operates and owns deals across the country and teaches investors how to earn double digit returns and navigate the waters of this asset class that few investors seem to understand.   Key Discussion Points [01:11] Introduction by Eric & Steven [08:43] About our guest: Cherif Medawar [09:50] How did you get started in the real estate investing business? [17:06] Tell us about the complexities with investing in hotels, and how you make money [21:27] What are the steps and things to look for when investing in commercial property [27:21] What is considered to be a good return on hotels? [34:53] How does syndication work with hotel investing [41:19] How is AirBnB affecting the hotel industry? [43:12] Tell us about your residential developments in North Port, FL [46:40] What size h

Syndication in Commercial Real Estate YouTube and Instagram influencer, Tyler Cauble, joins us to discuss how he invests in his local market, improves his community and makes his unique deals available to a broad investor base.   Key Discussion Points [01:01] Introduction by Eric & Steven [04:16] About our guest: Tyler Cauble [07:54] What audience does your YouTube channel target? [08:56] Is you investing centered only in Nashville? Or also outside the Nashville area? [10:01] How do you work debt into your commercial real estate transactions? [13:59] What kinds of mixed-use things are you doing? [19:16] How are you handling the financing for your acquisitions? Do you bring in outside investors? [21:10] How many agents do you have in your office? [22:52] Do you mostly find your investors through social media? [23:26] What asset classes, if any, are you focused on? [25:02] Which asset classes do you think still have a lot of "runway" [26:17 Discussion about office space and the trend to work from home [31:0

A New Idea for AirBNB in Remote Areas? It's so much more than this though. Z Sphere has a structure concept that could be anything from housing in disaster prone areas to self contained, medical care structures in remote areas.   Key Discussion Points [01:03] Introduction by Eric & Steven [04:58] About our guest: David Atkinson [05:39] What's your background and how did you get to where you are now? [08:34] What is Z Sphere? [11:19] So your product is self-contained, off-grid, natural disaster resilient, spherical home? [14:23] What is the Z Sphere intended to address? Natural disasters? And to live and work in? [18:25] Is the Z Sphere factory-built and shipped onsite? Or is it built on-site? [24:41] Can these be made into restaurants buildings? [26:07] What is the pricing structure on these Z Spheres relative to a standard building? [27:24] So this could be a good option as an AirBnB or as an emergency command building where there are limited or no utilities? [29:26] Are there investment opportunities fo

Investing in Properties of Crime Scenes and the Deceased Today we talk with Laura Spaulding, founder of Spaulding Decon, which is a full service restoration company for crime scenes, death, and accidents. Laura takes it a step further by investing in these properties.   Key Discussion Points [01:03] Introduction by Eric & Steven [07:02] About our guest: Bob Henriquez [09:17] How are you using your crime/accident/death cleanup business to leverage buying the crime scene properties? [13:49] What's the craziest thing you've scene when doing crime scene cleanup? [16:09] Do you have franchisees all over the country? [17:00] Does your business do better where there is more crime? [17:52] Tell us how your business model works, from property cleanup to possibly buying the property [19:23] Do you have a list of relaiable investors that you take these properties to? [21:48] Are most of the crime/suicide/death scene properties residential? Any commercial properties? [25:52] What is your investment profile? What do y