Description:
In this episode of the Commercial Real Estate 101 podcast, host Paul David Thompson sits down with Justin Goodin, a successful commercial multifamily developer based in Indianapolis. Justin shares his personal journey from traditional employment to becoming a thriving real estate developer, discussing the challenges and opportunities he has navigated in the current market.

Key Takeaways:

• Justin Goodin's transition from a traditional career to a successful multifamily developer.
• The significance of self-education and networking in the real estate industry.
• The current market conditions and the advantages of focusing on development over value-add projects.
• The importance of asset management and the complexities involved in development.
• The benefits of building to sell versus long-term property ownership.
• The role of local partnerships and relationships with city officials in project success.
• The importance of identifying supply-constrained areas for development opportunities.

Resources:

Join our Free Skool Community

https://www.skool.com/commercial-real-estate-101

GoodinDevelopment.com/invest

About our Guest

Today, we're excited to welcome a dynamic entrepreneur who transformed his traditional finance career into a groundbreaking real estate investment venture. With a finance degree and banking background, our guest founded Goodin Development after realizing the potential of passive real estate investing. By building new apartment complexes in Indiana, he's created a unique investment model that allows busy professionals to earn real estate benefits without the typical landlord responsibilities. Through his company, he helps others diversify their investment portfolios by offering hands-off, strategically managed investment opportunities that generate passive income.

• Understanding the local market is crucial for investment success.
• Financing strategies can include creative solutions like loan stacking.
• Property management comes with its own set of challenges.
• Networking and marketing are essential for finding deals.
• Negotiating price reductions is a viable strategy in real estate.
• Wholesaling can provide quick capital for further investments.

Join Our Free Skool Community: https://shorturl.at/THtsf

5-day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Barry Rogge is a commercial real estate investor based in Ocean Springs, Mississippi. Originally from Louisiana, Barry transitioned from owning single-family homes to multifamily properties and has quickly scaled his portfolio. With a background in project management for heavy industries and engineering, Barry brings a strategic and analytical approach to real estate. Despite encountering challenges like high insurance costs and property repairs, he has continued to find success through creative financing and off-market deal sourcing. When he's not closing deals, Barry enjoys travel and is preparing for an exciting trip to Japan.

Description:

In this episode, Paul and Peter are joined by Erin Vandegrift, a former professional equestrian turned mobile home park investor. Erin shares her journey from managing a 1,200-pound horse to overseeing mobile home parks across the U.S. She dives into the challenges of switching careers, learning the ins and outs of real estate investing, and how creative financing helped her build a growing portfolio. With a clear focus on mobile home parks, Erin offers valuable lessons for anyone looking to enter the world of real estate investment.

Takeaways:

• Confidence grew through community support and networking.
• Creative financing strategies were key to her first deal.
• The importance of due diligence in real estate.
• Erin prefers tenant-owned homes for reduced maintenance costs.
• Taking action is crucial for learning and growth in real estate.
• Value-add investing in mobile home parks

Join Our Free Skool Community: https://shorturl.at/THtsf

5 day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Erin Vandegrift is a real estate investor with a focus on mobile home parks. Originally from Virginia, Erin began her career as a professional horse rider before transitioning into real estate. She has managed everything from apartment complexes to industrial spaces, but found her passion in mobile home park investing. Erin currently oversees parks in West Virginia, Oklahoma, and Tennessee, with a goal to expand her portfolio to 500 lots in the next two years. When she's not investing, Erin enjoys traveling in her RV and spending time with her miniature horses and donkeys.

• Adaptability is crucial for investors in fluctuating markets.
• Avoid forced sales by structuring deals wisely.
• Creative financing can provide multiple options for investors.
• Long-term planning helps mitigate risks during downturns.
• Lead generation requires proactive conversations, not just analysis.
• Education and masterminds can significantly enhance learning.
• Risk management is essential for sustainable investing.
• Opportunities often arise during chaotic market conditions.
• Mindset and accountability are key to achieving success.

Join Our Free Skool Community: https://shorturl.at/THtsf

5 day challenge: https://www.commercialdreampartner.com/challenge

About the Guest:

Jeff Rappaport has been in the real estate game for over two decades, specializing in creative finance strategies. With experience in various market cycles, Jeff has mastered the art of structuring deals that minimize risk and maximize returns. He’s a member of the Commercial Dream Partners team, dedicated to helping investors succeed through innovative financing solutions. His practical approach and deep understanding of market dynamics make him a go-to expert for investors looking to scale their businesses.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Simon Severino discusses his background in strategy advising for Fortune 500 boards and his passion for helping businesses enter and dominate markets. He explains the concept of pipeline coaching, which focuses on filling the sales pipeline, de-risking the buying process, and making it easy for customers to buy.

The conversation also covers the importance of creating irresistible offers, the benefits of using the sprint method for strategic planning, and the challenges faced by CEOs who are visionaries but lack operational focus.

Key Takeaways:

• Market entry and domination require strategic planning and focusing on filling the sales pipeline.
• Pipeline coaching involves de-risking the buying process and making it easy for customers to buy.
• Creating irresistible offers and validating ideas are key to business success.
• The sprint method is an effective approach to strategic planning and execution.
• CEOs who are visionaries often need operational support to execute their ideas.
• Businesses should focus on helping clients achieve their desired transformation

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt into my newsletter https://shorturl.at/kxMO8

My social media accounts: https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle-free with our Partners at SHARE: https://calendly.com/sfrteam/pdt-share?month=2024-04

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Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today’s Guest:

Simon Severino is a sales and strategy expert who has generated over $2 billion in additional revenue for his clients during his 21-year career. As the creator of the Strategy Sprints™ Method, Simon helps high-ticket entrepreneurs reclaim valuable time and boost their sales. He's the author of "Strategy Sprints" and a Forbes contributor, with his podcast ranking in the top 2.5%. A TEDx speaker and triathlete, Simon has been featured on more than 1300 podcasts. When he's not helping businesses supercharge their sales, you'll find him enjoying outdoor activities with his three children, cleverly disguising his "shrinky questions" as family fun.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Paul and Mischa discussed strategies for podcasting, including the use of guest speaking to increase impact and income, and the importance of building relationships within the podcasting community.

They also explored tools for finding podcast email addresses and tracking appearances, as well as the benefits of leveraging hosts' audiences and repurposing content.

Key Takeaways:

• Podcast guesting is a lightweight way to grow your network and audience without much investment. All it requires is being comfortable talking about yourself and your expertise.

• The process involves finding relevant podcasts to guest on, crafting a simple email pitch, and following up on responses. Tracking links can help see which podcasts drive the most leads.

• It's important to build rapport with hosts to explore collaboration opportunities beyond just the podcast appearance.

► Resources

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt into my newsletter https://shorturl.at/kxMO8

My social media accounts: https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle-free with our Partners at SHARE: https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today’s Guest:

Mischa is a seasoned digital marketing expert who specializes in helping heart-centered entrepreneurs amplify their message and boost their authority, impact, and income. With 20 years of experience in traditional sales, he combines proven strategies with modern digital tools. Mischa is the founder of The Influence Army and host of the "Table Rush Talk Show." His approach focuses on building influence rather than relying on paid advertising. After a successful career in the loan industry and a period of personal development, Mischa now dedicates himself to empowering others to effectively share their voice and expertise in the digital marketplace.

Description:

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy.

Paul interviews the president and founder of Swan Capital, a wealth management firm, Andrew McNair. Andrew shares his background and how he got into finance and real estate investing. He discusses the importance of diversification and the lessons he learned from losing a significant amount of money in the stock market.

Andrew also talks about creating Swan Capital and the Cignet Fund, which invests in various commercial real estate assets. He emphasizes the need for teamwork and collaboration in scaling real estate investments. In this conversation, Andrew McNair and Andrew discuss the importance of asking the right questions, the value of building a team, and the power of processes in business. They also delve into philanthropy and the impact of giving on personal fulfillment. Andrew shares book recommendations and highlights the significance of self-awareness and emotional intelligence in leadership.

Key Takeaways:

• Diversification is key in investing, both in terms of asset classes and investment strategies.

• Learning from past mistakes and experiences is crucial for personal and professional growth.

• Scaling real estate investments often requires collaboration and the formation of funds or syndications.

• Having a team of professionals, such as estate planning attorneys and CPAs, can provide comprehensive wealth management services.

• Investing in alternative assets, such as commercial real estate, can offer additional opportunities for growth and income. The quality of your life is proportionate to the quality of your questions.

• Building a strong team is crucial for business success.

• Processes are essential for scalability and success in business.

• Giving and philanthropy can bring fulfillment and happiness.

• Self-awareness and emotional intelligence are key attributes of effective leaders.

► Resources

Rich Young & Powerful Media Guide Booklet.pdf

Follow Andrew on Facebook: https://www.facebook.com/andrewsmcnair

How can I help you?

Book a 1 on 1 strategy session here https://bit.ly/4bXI1CQ

Looking for your commercial deam partner? Learn more https://shorturl.at/AzEip

Opt in to my newsletter https://shorturl.at/kxMO8

My social media accounts: https://linktr.ee/pauldavidthompson

Check out my blog https://pauldavidthompson.com/blog/

Listen to my latest podcast episodes https://pauldavidthompson.com/podcast-2/

Build your real estate portfolio hassle-free with our Partners at SHARE: https://calendly.com/sfrteam/pdt-share?month=2024-04

Ready to revolutionize your content production? Try Riverside.fm. https://riverside.getrewardful.com/signup

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

About Today’s Guest:

Andrew McNair is a distinguished industry leader in finance and real estate. As the President & Founder of SWAN Capital, he manages over $300 million in assets. With more than a decade of experience in real estate investing, Andrew has successfully navigated various sectors including multi-family, RV parks, storage, short-term rentals, and industrial properties. He recently exited an 8-figure personal real estate portfolio.

Andrew is passionate about sharing his expertise. He serves as an adjunct professor and frequently engages in public speaking. He also hosts a weekly radio show, "What Your Money Would Say," and a podcast called "Rich Young & Powerful."