Jason Henderson is an experienced real estate investor who has mastered the powerful strategy of infinite banking and has used it to accelerate and compound his wealth as a real estate investor. Jason is also a published and best selling author of “Master your millions” which can be found on amazon as well as host of the popular youtube channel “master your millions” We’ll dive deep into the infinite banking concept and uncover how this concept transformed his perspective and over all investment strategy. More specifically, we’ll discuss how using properly structured life insurance policies to build cash value, can then be leveraged to finance real estate deals.
Connect with Jason: https://calendly.com/drjasonhenderson/coaching-call?month=2024-12
Highlights:
5:39 - What Is The Infinite Banking Strategy/Concept
10:16 - Examples From Jason's Life
14:23 - How Fast Can You Fund Policies
17:31 - Who Is Infinite Banking Not For?
22:40 - What You Should Know About The Structure/Resources
Jason's Book: Master Your Millions
Quote: "It's a way of life, it's a way of thinking that's different."
"I want to think and act like the owners of a bank."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Today's Flash Back Friday episode is from #372 that originally aired on Dec. 20, 2021.
Drew Wahlgren is a Commercial Real Estate expert and Co-Founder / Director of Capital Markets for MAG Capital Partners. MAG Capital Partners specializes in sale-leasebacks, net lease investments, and various development projects throughout the US.
Quote:
“We are really purchasing a property from a commercial business that has generally operated on a property for a long time.”
Highlights:
1:20 - Drew tells listeners more about his background in real estate.
08:02 - Drew shares his thoughts on sale-leaseback strategies.
12:40 - Drew discusses the utilization of capital from sale-leasebacks.
14:27 - Drew talks about transaction sizes and a deal that MAG Capital has passed on and why.
18:50 - Drew provides insight into how to mitigate risk.
24:14 - Drew touches on MAG Capital’s typical hold period.
25:46 - Drew talks about the tax advantages to his company’s industrial properties.
26:57 - Drew speaks about sourcing deals for sale-leasebacks.
31:25 - Drew answers Kevin’s golden nugget question.
Guest Website:
https://magcp.com/home/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Today's episode is from Mobile Home Park #60.
Charles and I will discuss mistake #15 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.”
There are times when using the owner’s expenses can work in your favor and there are times where it can work against you. As with any business venture, there are certain expenses you have to take into account. Virtually every property we have pursued has had some of their expenses under reported or completely left off of the profit and loss statements. So how do you determine what you are buying and what the appropriate operating expenses should be?
Typically, we will start out assuming that any park the pays for water/sewer or has private utilities will have an expense load close to 45-55%. If the park is on city water/sewer and the residents are billed for the usage, we typically assume an expense load closer to 30-35%. This is usually a good rule of thumb on the “eye ball” test but each deal will require you to put a microscope on each expense in order to get a truly realistic budget.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Gary is the lead visionary and founding partner at The How Group, a one stop shop real estate firm located in the greater Philadelphia area. One of the How Groups core competencies is Providing A+ apartments at a B+ price, these units are high-quality builds in the best parts of the city, without unnecessary amenities, which Gary coins as his “bulletproof real estate” approach.
Connect with Gary: https://howgroup.com/ [email protected]
Highlights
7:12 - Evolution of Gary's Company
10:31 - The Market Changes Over The Last Two Years
13:21 - Land Development, Multi-Family Deals, Buying Existing Assets
16:25 - Gary's Apartment Strategy (A list Apartments - Unnecessary Amenities)
23:00 - Regulatory Risks, Challenges
37:39 - Big Projects to Come
40:05 - Nito
Quotes: "We want cash flow not just for us but for our tenants."
"Where there is pain, there is opportunity on the other side of that."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Ian Ross, founder of Somera Road, Inc; a real estate private equity firm based in New York. Somera takes an entrepreneurial and creative approach to value -add, opportunistic real estate in non-core markets. Since its inception in 2014, it has acquired about 10.5 million square feet in real estate across twenty US cities. Listeners get a glimpse of how Somera operates as Ian shares details on certain projects they’re currently involved in. Ian also shares some perspectives on development and execution and how Somera envisions value in real estate. QUOTES:
“If you have grown up around sophisticated, highly complex, large-scale markets like New York city, and you understand how to underwrite those markets, I could take you to Cleveland and we could look at the relevant office buildings and you could figure out supply and demand, how people live, work, play, move, where they want to be, how they want to be there and how they’re willing to pay to be there, fairly quickly.”
“We’re very micro-economic focused and focused on a deal by deal basis.”
“We do what we say we’re gonna do and I think that by taking that approach, we become a great liquidity provider to a lot of sellers who are looking for surety of close.”
“I’m just trying to learn information and input that information to analysis, it’s not that hard.”
HIGHLIGHTS
5:10 Ian’s background
9:04 Ian explains what they do at Somera
21:10 Deals and opportunities
31:54 How does Somera identify opportunity?
39:36 Thoughts on autonomous vehicles
Job Opportunities with my Team: Click Here
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Today's episode is from Mobile Home Park #95 that originally aired on Sep. 25, 2018.
Kevin shares the mic with Mike Johnson, Owner of the blog Perpatualsaturday.com, and owner of 3 Mobile Home Parks.
Mike is passionate about helping others retire in 12 months, no matter where they are financially. Impossible? Think again: Mike landed on the asset class of Mobile Home Parks to fund his retirement.
He is now the owner of 3 Mobile Home Parks, which are made 95% passive by hiring the right managers to run them.
HIGHLIGHTS:
7:22 - Mike’s background? 12:50 - Mike’s first deal 17:33 - Mike shares his story of fixing his first park’s septic 23:03 - Mike’s 2nd & 3rd MHP deals 26:20 - Advice on owning rural parks 28:41 - Mike’s biggest mistakes in the MHP business. 31:20 - Find the right managers to oversee your parks. 34:12 - Importance of Work-Life Balance, & how Mike is able to achieve it
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Real estate and non-performing note expert, Eddie Speed is the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes. Additionally, he is also a principal in a family of Private Equity funds that acquires bulk portfolios of notes. Eddie Speed has dedicated his professional life to the seller financing and non-performing note industry and over the 3+ decades, he has introduced ideas and strategies that have positively impacted the way the industry operates today.
Connect with Eddie: https://eddiespeed.com/ ,https://www.youtube.com/@NoteSchool ,
Highlights:
2:53 - How to Market The Right Way / Eddie's Structor
5:73 - Discounts in order to afford deals
6:50 - How Eddie's School Can Help Investors
9:22 - Long Strategy Plan / Investing in Notes / The School
17:27 - Re-performing Loans (RPL)
21:02 - Owning Notes / Who It's For
Quote: "A lot of people that come to my school are burnt out landlords." - "The waterfall is pretty simple - start out with a good property."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Dave Codrea is co-founder of Greenleaf Capital, an Atlanta based real estate investment firm. Since its inception as a two-man venture, Greenleaf has grown its geographic footprint to encompass several states in the Southeastern US with a growing portfolio that currently includes Apartments, Mobile Home parks, and various Commercial properties.
Quote:
“Flex space can move with what you need in your business. Entrepreneurs, small business owners are normally pretty adaptable and they figure it out. They’ve got some wooden tables around and they make it work!”
Highlights:
2:50: What drove Dave into the world of real estate / learning more about Green Leaf
5:25: Best performing office spaces - where are they located?
10:57: Property management software
12:50: Navigating the internal debt market / Future opportunities
14:45: Kevin and Dave talk, “then and now,” with interest rates increasing
18:44: Lending relationships - keeping it local with small community banks/credit unions
Guest Website: https://www.gogreenleafmanagement.com
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Welcome to the Mobile Home Park Academy podcast. In this episode, Charles and I will discuss mistake number 14 from our popular eBook, “The 21 Biggest Mistakes Investors Make When purchasing their First Mobile Home Park…and how to avoid them.”
As you go out into the market place and look for deals, a common theme you’ll see is that virtually none of the marketing packages pitched by brokers have a yearly allowance for capital expenditures. You must budget for these large capital items down the road.
Every park will be different on this subject based on its unique characteristics. Parks with a large volume of park owned units will obviously require more frequent home repairs. Parks on private utilities will require you to save larger sums of money to deal with potential utility problems. Parks with dirt and gravel roads will need more frequent repairs to stay in good working order.
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Andrew Reichert is the CEO and founder of Birgo Capital, a Pittsburg based, fully-integrated private equity real estate firm comprised of two unique platforms—Birgo Realty and Birgo Capital—both of which are on admission to improve lives through real estate. The team at Birgo handles everything in-house, from property acquisitions and asset management all the way down to on-site maintenance which provides both investors & tenants with unparalleled service.
Connect with Andrew: https://www.birgo.com/
Andrew's Book: https://www.rosjourney.com/
Highlights:
1:55 - Andrew's Rebellious Road to Real Estate
5:07 - The "Call" to Real Estate
7:27 - How Business Operation Has Changed For Andrew
17:00 - Andrew's Recent Funds / Hold Periods
21:59 - Building a Talented Team
25:28 - Andrew's Most Challenging Project (4 year build, Covid)
Quote: "I knew that there was a purpose for me in the real estate business."
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Robert Levy is a Real Estate Expert and Managing Partner at LBX investments.
LBX Investments is a diversified commercial real estate investment firm that prides itself in its proprietary, research-driven approach to identifying and investing opportunistically in mispriced assets. Their experience runs the gamut across a number of different property types including, but not limited to, retail, multifamily, and hotels.
Quote:
“Our goal is to own good real estate in the right markets.”
“This is why we like retail…there’s a high barrier to entry not to get into the market but to do well in the market.”
Highlights:
01:35 - Robert tells listeners more about his background in real estate.
02:52 - Robert's retail investments & business.
06:30 - Portfolio performance and covid-19.
10:50 - Debt and deals in retail investments.
14:43 - Robert provides insight into his company’s long-term, capital raises & strategy.
25:22 - What it’s like to bring investments up to value.
27:55 - Robert explains the renovations made to one of his company’s investments.
Connect with Robert: https://www.lbxinvestments.com/
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
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