The Intelligent Investor Podcast

Private Lending & Real Estate Investing with Kevin Amolsch

Kevin Amolsch formed Pine Financial Group after leaving a small mortgage company in 2008. He has personally completed over 200 single-family home transactions and wrote the book 45-Day Investor: How to Buy an Investment Property with Nothing Down in 45 Days or Less.

 

In this episode, Kevin shares his journey through the mortgage industry, the importance of having strong working relationships, and why to take the risk in real estate investing. 

 

1:27 Kevin’s journey through the mortgage world and everything.

7:16 There’s no reason to do the fastest money you can do because of what it saves you on your project.

13:46 The importance of having a good relationship with your lender

18:50 What happens after the term sheets are done

21:46 How Kevin got started in private lending space

27:13 The downside of being in lending

31.:28 Taking the risk of real estate investing

39:56 Private money funds

 

About Robnett’s Real Estate Run Down

With over 27 years in the real estate industry, Shannon shares actionable advice on wholesaling, fix and flips, single-family, multi-family, and more. Hear real people talk about all facets of the market, including analysis, challenges, management, and successes of investment-grade. Every conversation provides the foundation for a thriving career.

 

Guest Bio: Kevin Amolsch

Kevin Amolsch formed Pine Financial Group, Inc in 2008 after leaving a small mortgage company as the senior loan officer for residential lending. Kevin has a degree in Finance which he obtained after serving four years in the US Army. Kevin started out in banking, working at First Bank in the lending department while in school. From there he started his first real estate investment company, which is still active today.

 

After college Kevin spent two years working with Wall Street as a mortgage bond analyst before leaving to work as a loan officer with real estate investors full time. He and his companies have closed on over 2,200 transactions as a buyer, seller or private money lender. Kevin and Pine Financial Group, Inc have access to over $130 million in private equity and the business continues to see strong growth. He has spent more than 20 years as a real estate investor and 16 years in real estate lending. He is the author of 45-Day Investor and frequent speaker and has been quoted in The Las Vegas Review Journal, The Denver Post, The Denver Business Journal, Forbes, and Yahoo Real Estate.

 

Connect with Kevin:

Twitter: https://twitter.com/kamolsch

LinkedIn: https://www.linkedin.com/in/kevinamolsch/

How to Leverage Your W2 Income to Create Cashflow in Real Estate with Vincent Rodriguez

Vincent Rodriguez is a mechanical engineer and real estate investor. He operates an $8M portfolio with 29 units in California while still keeping his W2 job. Vincent teamed up with his best friend Andrew to start his company, AnVi Holdings. At first, Vincent did most of the work running the business, but now he only does about 10% of the operations. Vincent emphasizes the importance of reliable partnerships and giving your team members a sense of ownership.

Vincent delves into the current market, highlighting the impact of high interest rates and inflation trends. He explains the significance of timing the market and understanding the banking system. The Fed always transmits its future plans, so his advice is to take action before everyone else does.

Toward the end of the episode, Vincent shares his plans for the next 12 months. He gets good cash flow in California through short-term rentals, but now he's shifting his focus to mid-term rentals.

 

“You need to find valuable people who are actually willing to work and are helping you build the Empire.”

 

“Since the interest rates are really high right now, not a lot of people can afford to buy. So if you can get deals and good properties, I would say it's a good time to invest.” 

 

“We are literally the only country where you can raise interest rates and bring down inflation. No other country can do that right now.”

 

Connect With Me! 

 

Connect with Vincent Rodriguez:

• www.anviinvest.com 
• Instagram
• RE Social Podcast

 

Learn more about the best real estate strategies and how to gain passive income.

 

Timestamps:

0:00 Intro

1:24 Why does Vincent Rodriguez still have his day job when he has an $8 million real estate portfolio? 

4:28 The importance of partnerships in real estate.

10:33 How Vincent sees interest rates and the market moving.

13:28 How to make sure that you’re getting cash flow on your properties.

19:16 Vincent’s plans for the next 12 months in real estate.

24:47 Long-term planning is crucial in real estate.

30:35 Why most people don’t understand how the banking system works.

33:34 The impact of globalization on the industry.

Multifamily Investing and Other Deals with Chad Zdenek

Chad Zdenek has always been inspired by the need for multifamily properties while growing up in Los Angeles. As a registered Professional Engineer and licensed General Contractor, he founded CSQ Properties in order to acquire, reposition, and manage multifamily properties throughout the United States. 

 

In this episode, Chad shares his story of getting into real estate, how to make the most of your deals, and the power of real estate to build wealth over time. 

 

"I subscribe to the idea that real estate is the best "Get Rich Slowly" scheme out there. Whether you bought last year, this year, in 10 years it's really not going to matter."

 

Timestamps:

1:22 - Chad’s meandering path in real estate.

3:14 - Why is Chad involved in so many different types of deals?

9:15 - Are they planning a long-term hold on this property?

13:41 - What happens if the US loses the ability to set interest rate policy?

17:56 - What’s happening to purchasing power

24:26 - Partnering with other people in real estate

29:29 - The sweet time to get amazing deals

35:48 - Real estate is the best “get rich slowly” scheme out there

Overcoming Adversity and Maintaining Optimism with Dr. Allen Lomax

Dr. Allen Lomax is the Organizational Psychologist in Chief and the creator and founder of Steed Talker Capital, a real estate investment company that creates financial independence for busy professionals built on solid passive real estate investment.

 

In this episode, Dr. Lomax shares his insights on the power of positivity and how it affects your investment journey. He shares his forecast on the real estate industry for the next 18 months, his thoughts on what’s going to happen to the US economy if the dollar collapses, and his hopes for the future of real estate investing. 

 

"Optimism expands. Pessimism always diminishes and decreases. So you have to hold on to your optimism, but be sure it is not delusional optimism."

 

1:07 - What did you learn from losing and how did it put you in the market today?

6:05 - Moving back to the states and selling two mobile homes.

13:35 - What gives Allen hope for the future of real estate investing.

17:37 - What’s the difference between the people that pick themselves up off the floor and those that don’t?

22:36 - When you have these five core principles in place, you don’t have to tell yourself to think positively.

29:10 - What is the 18 month forecast of real estate in your opinion?

34:35 - What’s going to happen to the US economy if the dollar collapses.

39:19 - Holding your assets in cash is like toilet paper.

Quit Forfeiting Time for Dollars with Neil Timmons

Longing to quit forfeiting time for dollars, Neil moved into real estate investing. While he still owns a company that completes wholesale, novation, and rehab transactions, Neil’s passion is cash flow investing in commercial real estate. Like so many other investors, Neil began with single-family homes but has progressed into assets consisting of apartments, offices, and industrial space.

In today’s episode, Neil is going to share his story of what brought him into real estate investing, why he does what he does, and how to help you quit forfeiting time for dollars.

 

“In my opinion, the ability to hire and hire correctly is more valuable than the next building you buy.”

 

Timestamps:

1:18 Neil’s journey from being a banker to being involved in commercial real estate.

2:47 Transitioning out of banking into real estate.

8:25 Half the time and half the money.

13:50 Realtors don’t understand what investors want.

17:43 How Neil got started in real estate 

22:28 Why we got into real estate in the first place 

26:54 Neil’s new book

32:47 What does it mean to be creative thinking and impacting others?

37:17 What are your goals for this year?

 

Website: https://legacyimpactpartners.com/podcast/

Linkedin: https://www.linkedin.com/in/theneiltimmins/

Facebook: https://www.facebook.com/neiljtimmins

Analyzing Deals 101 with Senate Eskridge

Senate Eskridge was born and raised in Twin Falls, Idaho. He and his wife Cari have raised five children in the valley. They are business owners, and Senate is also a Student Success Coach for Jake and Gino’s Wheelbarrow Profits Academy and an active Multi Family Real Estate Investor.

 

In today’s episode, Senate will share his tips for analyzing deals in real estate and syndication, what to look out for, and how to keep yourself safe when making investments.

 

“If you’re ever forced to sell a property, you're in a bad position. You want to sell when you want to, not when you have to.”

 

1:35 The journey from small-town Idaho to successful business owner. 

5:22 The struggle of becoming a real estate investor in the beginning.

8:37 The importance of mentorship in real estate 

13:47 The importance of understanding the type of debt you are getting into 

The first thing you need to look at is the partner you’re working with. – 19:38

23:57 When is the first debt payment going to happen? When are the interest only payments going to change?

30:58 Why it’s important to read the ppm.

36:05 Return of capital vs. return on capital 

 

About Senate Eskridge

Senate Eskridge was born and raised in Twin Falls, Idaho. He and his wife Cari have raised five children in the valley. They are business owners, and Senate is also a Student Success Coach for Jake and Gino’s Wheelbarrow Profits Academy and an active Multi Family Real Estate Investor. 

 

Being from Twin Falls, Senate has worked with several industries in the area. His vast experience made him a perfect fit for Multi-Family Real Estate investing. Currently, he owns 513 units and has helped nearly 100 people from all walks of life invest in Multi-Family Real Estate.

Locating Tax-advantaged, Passive Cash-Flow Investments with John Michailidis

John Michailidis, MSIRE, JD, is an attorney and entrepreneur with degrees in economics, international real estate, and law. In this episode, we’re going over how to locate tax-advantaged, passive cash-flow investments. John talks about upcoming real estate predictions, assemble loans, and financial planning for your retirement.

 

“It's not about being a millionaire. It's about lifestyle liberation. It's about freedom.”

 

1:15 What John is looking at when he looks at what’s going to be in front of us for the next 18 to 24 months.

6:07 Real estate is going through a time when other people are going through it 

9:36 The signs of high-fliers and floaters. 

16:22 What happens if the prognostications of a 10% to 20% decline in housing values turns into a 30% decline in housing values? 

20:01 Investing isn’t about putting money into your 401(k) 

26:13 How much do you need to retire?

32:05 Lease purchases are back to assumable loans 

37:48 John’s takeaways from this episode

42:33 The importance of having an overview of the landscape

Tax Increment Financing-TIF 101 with Xiao Ou Yuan

Xiao Ou Yuan is the Managing Director of Hageman Capital, and manages the day-to-day operations, as well as leading all bond structuring and negotiations for the Hageman Capital portfolio. In today’s episode, Xiao will break down what Tax Increment Financing (TIF) is, and how it can help both developers and municipalities.

 

“Some of the more TIF forward municipalities have been very successful in building these vibrant communities and vibrant downtown areas.”

 

Timestamps:

0:01 What’s changing in the real estate market

 0:59 Xiao’s introduction to tax increment financing and how it’s used to spur economic development. 

6:16 How do you approach a city to get a TIF? 

11:26 How did you get involved in this field?

13:56 What is a bond and how does it play into your forward capital stack?

19:28 How do you use a TIF to pay property taxes?

24:08 A real-world example of a multifamily deal.

29:27 What have you seen in the long-term when you’ve been involved in buying communities? 

34:35 How do they work with developers?

39:05 How do you know how to proposition the city with a project?

 

Website: https://hagemancapital.com/

LinkedIn: https://www.linkedin.com/in/xiao-ou-yuan-a6550034/

 

Syndication 101 – Advice for Rookies with Gene Trowbridge

As a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. Gene has represented over 650 clients in this area of practice. In today’s episode, Gene is going to go over the basics of syndication, and his advice on how (and if) you should get involved with it.

“What you need to do is you need to build a database. And the database has to be number one, made of people who are interested in real estate. Number two, determine what part of the real estate industry are you involved with? The third thing you have to do is you have to show the investors that you put together a team  that can capture the opportunities that you think are out there, and sell them on the team.”

 

1:28 What’s going to happen when you’re 50?

5:44 "It's a Good Thing to Go to Law School".

10:28 What’s going on in the market today?

16:37 What does it mean to be “experienced”?

19:28 What are some of the things that you should be concerned about?

22:28 What’s the difference between a real estate agent and a promoter?

29:33 How do you run a business when you don’t have any investors?

33:23 What’s the biggest risk in real estate?

 

Guest Bio:

As a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. Gene has represented over 650 clients in this area of practice. The median offering size is $3,000,000, but he has done individual offerings of over $6 Billion. His practice writes offerings under Rules 506b and506(c) of Regulation D.

 

As a former syndicator, who for ten years raised investor capital through the broker-dealer community, he can communicate with his clients on both the technical and the practical aspects of state and federal securities laws.

 

As a long-time CCIM and CCIM Senior Instructor, Gene has won numerous awards for his teaching ability. His book “It’s a Whole New Business!” is really a “how-to manual” on real estate syndication

Why Multifamily Housing is a Safe Investment with Ken Gee

Kenneth Gee is the founder and managing partner of KRI Partners and the KRI group of companies. He has more than 24 years of significant real estate, banking, private equity transaction, and principal investing experience. In this episode, we are going to talk about why Ken invests in Multifamily housing, how recessions hurt middle-class and low-income people, and how he’s making the best of today's investing environment.

 

1:16 Ken’s background in real estate.

8:41 Investing in a Growth Market

13:51 What’s going on in the real estate market today?

18:58 How a Recession Hurts the Middle-Class and Low-Income People

25:00 What’s the benefit of the syndication model? 

28:01 Finding an Experienced Mentor 

33:14 What to do when the waters get choppy

37:01 What happens when you have too much supply.

About Ken Gee

Kenneth is the founder and managing partner of KRI Partners and the KRI group of companies. He has more than 24 years of significant real estate, banking, private equity transaction, and principal investing experience. Throughout his career, he has been involved in transactions valued at more than $2.0 billion, much of which has included the acquisition, management, and financing of various multi-family real estate projects.

 

Before forming KRI Partners, Kenneth was a tax manager with Deloitte & Touche LLP. Some of his major clients included The Riverside Company, Key Equity Capital Partners, Blue Point Capital, Linsalata Capital Partners, The Zaremba Group, Charter One Bank, and Applied Industrial Technologies, Inc.

 

Before his career at Deloitte & Touche, he spent several years at National City Bank (now part of PNC Bank). He also owned and operated several certified Cessna Pilot Centers in  the Northeast Ohio area.

 

Kenneth is a licensed Ohio Certified Public Accountant, a member of multiple apartment associations, and Ohio Society of Certified Public Accountants and American Institute of Certified Public Accountants.

 

Website: WWW.KRIPARTNERS.COM

YouTube: https://www.youtube.com/channel/UCRWZfJ0hmHxVdf3DNA7RHlQ/videos

LinkedIn: https://www.linkedin.com/company/kri-partners/

Twitter: https://twitter.com/KriPartners