Proper Vetting & Closing Deals – Jeremy Roll

We are excited to have a chance to sit down with passive investor pro Jeremy Roll. Jeremy is always on the go and creates his success with a hands-off approach. He is a strong believer of vetting his deals and anyone that handles the operation. You don’t want to get mixed up in a 10 year deal and not have your due diligence in place right? He gives his personal advice on ways to look at and structure deals as well as a few key resources you should utilize to reduce risk. 

A little bit about our guest, 

Jeremy started investing in real estate and businesses in 2002 and left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 60 opportunities across more than $1 Billion worth of real estate and business assets. As Founder and President of Roll Investment Group, Jeremy manages a group of over 1,500 investors who seek passive/managed cash flowing investments in real estate and businesses.

 

Take a look at some of the topics in this interview

  • 00:00 – Intro
  • 02:00 – Early investments vs now
  • 06:08 – Vetting operators 
  • 09:26 – Your first asset class
  • 10:55 – Must ask questions
  • 17:00 – Invest strategic
  • 20:30 – 5 to 10 years
  • 26:18 – Quality operations
  • 28:40 – Painful learning lesson

 

Jeremy Roll’s socials

Email

jroll@rollinvestments.com 

Linked in 

https://www.linkedin.com/in/jeremy-roll-655107   

 

Learn more about the podcast and it’s presenters at:

https://therequitygroup.com/

Register to Invest with The Requity Group:

https://investors.appfolioim.com/trg/investor/request_access

Learn more about the podcast and it’s presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access

MHP Investing & Law – Ferd Niemann



To connect the legal and business side of real estate you need experience and, in many cases a team of specialized individuals. On today’s episode of Operators & Allocators, we sit down with Ferd Niemann, a jack of all trades when it comes to managing his real estate businesses. As a mobile home park owner, operator, lawyer, as well as a real estate investor, Ferd discusses with us how he can wear the many hats needed to get the job done.

 

A little bit about our guest,

Ferd Niemann experience includes mobile home park investments and turnarounds, retail development and redevelopment, residential investments, and real estate law. Before starting his own firm – The MHP Lawyer – Ferd practiced law at a top Kansas City firm focusing on economic development incentives, public finance, property tax assessments, redevelopment, land use, and zoning. Ferd was also the associate editor for Missouri Land Use Law & Practice and Missouri Economic Development Law, the foremost treatises in the fields. Prior to law school at UMKC, Ferd graduated from Rockhurst University with a bachelor’s degree in finance and an MBA.

Take a look at some of the topics in this interview

  • 00:00 – Intro
  • 01:49 – Ferd’s story 
  • 09:09 – Let’s talk paid extensions
  • 12:33 – Due diligence period
  • 18:40 – Delegate your business
  • 23:00 – Helpful Kpi indicators
  • 25:47 – Your Market views then to now
  • 30:22 – Biggest red flags

 

Fred Niemann’s socials

Website

https://themobilehomelawyer.com/ferd-niemann/  

Linked in 

https://www.linkedin.com/in/themhplawyer-ferdniemann6923147   

Podcast

https://themobilehomelawyer.com/category/podcast/  

 

Learn more about the podcast and it’s presenters at:

https://therequitygroup.com/

Register to Invest with The Requity Group:

https://investors.appfolioim.com/trg/investor/request_access

 

Learn more about the podcast and it’s presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access

 

Self Managing Multifamily Real Estate with Chris Grenzig

Self Managing your real estate portfolio can be daunting, luckily we were able to sit down with a self starter and a self managing pro, Chris Grenzig. Chris walks us through his DIY mindset and how he applied it to real estate. He outlines the mistakes and failures he’s made and what he’s learned along the way. Chris imparts method he’s used to set our listeners up for success be it trying to control a property alone or purchasing other capital growing assets.

We would like to welcome Chris Grenzig to Operators & Allocators.

A little bit about our guest,
Chris is the Founder of JAG Communities which is a vertically integrated multifamily focused investment firm based in Jacksonville, FL. Chris started investing in real estate in 2016 by attempting to flip houses in Long Island, NY. After months of failing, he attempted out of state flips, purchasing tax deeds, and finally found his footing in multifamily.
Chris joint ventured on just over 100 units, before joining Toro Real Estate Partners as their head of Florida operations. Toro purchased 4000 units worth $300 mil, with 1000 units in Florida over 4 and half years. Chris eventually left Toro in Nov 2020 to start his own company which owns and manages small to mid-sized apartment complexes in Jacksonville, MSA. JAG Communities currently owns and manages 40 units worth $3 million, with a 10-year vision to scale to $500 million AUM.

Take a look at some of the topics in this interview
0:00 – Introduction
1:18 – Chris story
5:15 – Self managing
7:35 – Is Self Managing painful?
10:10 – Deal criteria
12:33 – Market Strategy
16:24 – Biggest Risk in Multi family
20:20 – Unpopular opinion with Chris
26:20 – Bullish on low cap rates
32:50 – Sourcing deals
34:40 – Best bang for your money
40:00 – Chris’s learning lesson
46:47 – Best practices and closing thoughts

Chris Grenzig socials
The Real Estate Investing Experience
https://podcasts.apple.com/us/podcast/the-real-estate-investing-experience/id1481520260
Instagram
https://www.instagram.com/chris.grenzig
Youtube
https://www.youtube.com/c/ChrisGrenzig

Learn more about the podcast and it’s presenters at:
https://therequitygroup.com/
Register to Invest with The Requity Group:
https://investors.appfolioim.com/trg/investor/request_access

Learn more about the podcast and it’s presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access

Getting started in MH Investing with Andrew Keel

During this episode we had the chance to speak with a mobile home community rockstar
Andrew Keel. He gives us a look at the inner workings of this investment space, from browsing to owning to operating multiple lots inside of a mobile housing park. There are a lot of do’s and don’ts when entering this capital raising property opportunity. Let Andrew be your teacher this episode, grab a pen and paper. it’s going to be an information filled ride on this episode of Operators & Allocators.

 

A little bit about our guest, 

Andrew Keel is the owner of Keel Team, which owns and operates over 20 mobile home parks across 10 states. He was raised in an upper middle class neighborhood, his father was a small business owner and entrepreneur as Andrew grew up and that is where he gets his entrepreneur drive from. He didn’t instantly start out investing on his own. Starting out as an apprentice to a local Central Florida real estate wholesaler. Using the knowledge he gained he started to look at ways to generate monthly cash flow and found a YouTuber by the name Lonnie Scruggs and followed his series and purchased his first of many mobile home units. Currently he owns and operates 1,030 lots across 20 mobile home parks in 10 states and we have a few mobile home parks under contract.

 

Andrew digs deep into giving you advice if you are looking to enter the mobile home communities

  • Due Diligence is key

 

  • Start with small communities with public utility  
  • Find inspiration & devise a strategy

 

Take a look at some of the topics in this interview

  • 1:14 – Andrew opens up about his story
  • 6:19 – Views on the market from then to now?
  • 7:23 – What are some of your criteria for a property purchase?
  • 13:30 – Park owned home communities
  • 17:24 – Devising a strategy
  • 18:50 – Unpopular opinion
  • 23:00 – Finding Inspiration
  • 27:00 – Best practices
  • 31:00 – Important closing notes

 

Andrew Keel socials

Personal Website

https://www.andrewkeel.com

Passive Mobile Home Investing Podcast

https://podcasts.apple.com/us/podcast/passive-mobile-home-park-investing/id1520681893 

Instagram

https://www.instagram.com/keelteam 

Youtube

https://www.youtube.com/channel/UCKIPwBKFMD8JMAbLsXoZF-A 

 

Learn more about the podcast and it’s presenters at:

https://therequitygroup.com/

Register to Invest with The Requity Group:

https://investors.appfolioim.com/trg/investor/request_access

Learn more about the podcast and it’s presenters at: https://therequitygroup.com/ Register to Invest with The Requity Group: https://investors.appfolioim.com/trg/investor/request_access

Creative Development with Tyler Cauble

We want to welcome Tyler Cauble to the podcast. Today we sat down together and discussed his real estate journey. Tyler takes us on down the path of  what he calls the “do it” mentality, learning about “micro units” and his experiences with them. He also shares what you should look for when putting a team together. We are excited to have Tyler on this episode of Operators & Allocators.

A little bit about our guest,
Tyler Cauble is Founding Principal and President of The Cauble Group. He’s a native Nashvillian that has not only been a witness to the city’s tremendous growth, but is also involved in it through his developments, renovation projects, and volunteer work.
As President of The Cauble Group, Tyler helps bring together buyers, sellers, landlords, and tenants in retail, office, industrial, and multi-family real estate.

Tyler is a great example of someone who has made a name for himself by using non traditional methods in the real estate field.

  • Get everything in writing – Verbal or goodwill could make any deal sour
  • The Developer leads the project – Keeping everything on track leads back to this person/team. Without a strong lead any project will fail
  • Taking notes is important – Teamwork is valuable – Create the best team you can find. A superstar team will always win
  • Make social moments – Create your properties with an emphasis on social
    Take a look at some of the topics in this interview

Chapters:
0:00
– Introduction
2:12 – Tyler gives us his story
4:44 – School education or take the Job route?
9:09 – Don’t romanticize real estate development
9:54 – Developers are the conductor
15:59 – I believe in Micro units
17:44 – Biggest risk in investing
19:55 – Teamwork is vital
20:44 – Instagrammable properties
26:44 – Unpopular opinion
31:24 – Painful lessons
32:54 – Closing thoughts

Tyler Cauble socials
https://www.facebook.com/tylercauble1
https://www.youtube.com/channel/UCA_o-kXwqKUq5sxihbjRM2g
https://www.instagram.com/commercial_in_nashville/

Multifamily & Senior Living with Vinney Chopra

Multifamily & Senior Living with Vinney Chopra

We sat down with the Senior living multifamily giant Vinney “Smile” Chopra, He gives us insight to how he operates his business ventures and gives tips and strategies you could use to close deals. Breaking it all down in easy to learn steps, these guidelines range from your approach, what kind of partner you should have in your corner, prospecting a location plus so much more. It was an honor to sit down and learn new insights about senior multifamily investigation. A little bit about our guest,  Vinney Chopra AKA Vinney “Smile” Chopra, originally a mechanical engineer, came to the US from India with humble beginnings. However over the past 12 years he has done 28 successful syndications, 14 of those being in the past 3 years! He has achieved enormous success controlling over $330 million, 4,100 doors.  He and his 67 professional full-time team members manage all assets from acquisition to disposal. Vinney is also a best selling author with his book ”Apartment Syndication Made Easy” and has a new book coming out soon called “Positivity Brings Profitability”. “You have to live in the moment” – Vinney Chopra This one on one sit down was packed with great perspective and knowledge in the multifamily field and real estate as a whole. Here are a few tips Vinney gives us in this episode
  • Goal setting is important – Mindset is important, take stock, in what you’ve done today, live in the present, in the now.
  • Get in the right financial vehicle – the right job and the right place to spend your time in order to find a comfortable lifestyle. Vinney and so many others have picked real estate as it provides a scalable & sustainable vehicle that continues to prove recession resistant and essential.
  • Taking notes is important – you’re constantly learning in this field and it’s extremely important to constantly keep writing. Regardless of where you’re taking them (phone, paper, ipad, etc) Even if you think you’re going to remember it, that information will be gone a couple years from now. It’s important and impactful to have the notes on hand years from now especially with brokers, things like these can make important impacts on relationships
  • Making the right connections – Find a good partner for your business (experience, outside knowledge)
  • Gathering data – Demographic research, Climate, what facilities are local. 
Take a look at some of the topics in this interview
  • 08:20 – How to set goals 
  • 13:00 – Vinney tells the start of his real estate journey
  • 17:00 – The many ways to senior assisted living
  • 24:59 – Dylan asks “how do you manage your properties”
  • 31:40 – Word of advice for starting out
  • 38:00 – Day to day reporting practices 
  • 35:20 – How to mitigate risk
  • 40:00 – Having access to different property material
  • 46:50 – Closing thoughts from Vinney
Vinney’s socials https://twitter.com/Smilingvinney | https://www.linkedin.com/in/vinney-smile-chopra/ | https://www.facebook.com/vinney.chopra.52 | https://www.instagram.com/vinneychopra/ Operators & Allocators Stay up to date on your real estate journey