Global Investors: Investing in U.S. Real Estate

How does tax lien investing work—and is it really a way to acquire real estate for pennies on the dollar? In this episode of the Global Investors Podcast, Charles Carillo interviews Stephen Morel, a title attorney with 20 years of property-law experience and the founder and CEO of JurisDeed. Stephen explains how tax lien investing works, why local governments sell delinquent property-tax liens, how investors earn returns during the redemption period, and what happens when a property owner fails to repay the outstanding taxes. You’ll also learn why tax lien investing is primarily an interest-income strategy, not necessarily a shortcut to owning discounted real estate. Stephen breaks down the important differences between tax liens and tax deeds, how foreclosure works, and why legal notices, title research, due diligence, and state-specific regulations matter. In this episode, you’ll discover: • What tax lien investing is and how investors make money • The difference between tax liens and tax deeds • How the tax lien redemption period works • Why tax liens may take priority over existing mortgages • What happens after an investor purchases a tax lien • Why most tax liens are redeemed before foreclosure • The legal and compliance work required from investors • How institutional investors dominate the tax lien market • Why the secondary tax lien market remains fragmented • How JurisDeed is simplifying tax lien investing with data, automation, AI, and legal infrastructure Stephen also shares how Hurricane Katrina changed the direction of his legal career and eventually led him to develop title solutions for tax-sale properties. Today, JurisDeed is working to make the traditionally complex tax lien investment process more accessible to individual investors. Learn More About Stephen Here: - JurisDeed - https://jurisdeed.com/   Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/  

The thumbnail concept is strong: before/after apartment transformation + Charles pointing + “4-step fix” makes the topic clear. One blind spot: the text is a little packed for mobile, but the message is still understandable. Here’s a YouTube-optimized description: YouTube Description Struggling apartment buildings usually do not fail because of one problem. They often struggle because of poor management, bad tenants, deferred maintenance, weak lease enforcement, or a value-add plan that was never executed correctly. In this Strategy Saturday episode, Charles Carillo explains how to turn around a struggling multifamily property using a structured approach. You’ll learn how to diagnose the real problems, clean up the tenant base, improve property management, address deferred maintenance, and renovate strategically to increase income and property value. If you are a multifamily investor, apartment owner, or real estate investor looking at distressed or underperforming properties, this episode will help you understand what needs to happen before a struggling asset can become a profitable investment. In this episode, Charles discusses: • Why struggling apartment buildings often come down to management problems • How to diagnose the real issues before buying or after closing • Why tenant cleanup is critical for stabilizing a property • How lease enforcement impacts collections and operations • Why deferred maintenance must be handled before major upgrades • How to renovate strategically without over-improving the property • How a structured turnaround plan can unlock value in multifamily real estate Turning around a struggling apartment building is not easy, but with the right plan, it can become one of the most profitable value-add strategies in real estate investing. Links Referenced in Episode: - SS203: Insider Tips for Effective Tenant Screening - https://youtu.be/9F6KehpXq20 Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

C-PACE financing is quickly becoming an important capital tool for commercial real estate investors and developers—but how does it actually work? In this episode of the Global Investors Podcast, Charles Carillo sits down with Sal Tarsia to discuss Commercial Property Assessed Clean Energy (C-PACE) financing and how it is reshaping the commercial real estate capital stack. Sal explains how C-PACE financing can be used to fund eligible energy efficiency, renewable energy, and building improvement projects while providing commercial property owners and developers with another potential source of long-term financing. In this episode, you’ll learn: • What C-PACE financing is and how it works   • How C-PACE fits into the commercial real estate capital stack   • Why developers and property owners are exploring C-PACE financing   • How C-PACE can support eligible building improvements and energy-efficient projects   • The potential benefits and considerations of using C-PACE   • How alternative financing tools are changing commercial real estate   • What investors and developers should understand before pursuing C-PACE financing   Whether you're a commercial real estate investor, multifamily investor, developer, or real estate professional, this episode provides a practical introduction to C-PACE financing and its growing role in CRE. Learn More About Sal Here: CastleGreen Finance - https://castlegreenfinance.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

Most new passive investors focus mainly on projected returns, but experienced passive investors know that the real question is: how much downside risk is built into the deal? In this Strategy Saturday episode, Charles Carillo breaks down what passive investors actually look for when reviewing apartment deals and multifamily syndications. After investing passively since 2018, investing in over 30 properties, and speaking with hundreds of passive investors, Charles shares the key factors that matter most before investing. You’ll learn how passive investors evaluate the sponsor team, conservative underwriting, downside protection, market strength, reserves, business plans, tax benefits, and projected returns. In this episode, Charles discusses: • Why smart passive investors do not only chase high returns • How to evaluate a sponsor team’s experience and track record • Why full-cycle deals matter • How to check whether underwriting is actually conservative • Why rent comparables can make or break an apartment deal • How break-even occupancy and reserves protect investors • Why market and location are critical in multifamily investing • How to review the business plan before investing • Why the best deals communicate realistic assumptions and strong alignment The strongest apartment deals are not always the ones with the flashiest projections. They are the ones backed by a solid plan, realistic assumptions, strong communication, and proper downside protection. Links Referenced in Episode:  SS117: How to Minimize Risk When Investing Passively in Real Estate Syndications - https://youtu.be/kEe1dRb9H6s Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

In this episode of the Global Investors Podcast, Charles Carillo interviews Dan Rivers, founder of Synergy Stays, a short-term rental revenue management company helping investors and property managers maximize profitability. Dan shares how short-term rental investing has changed, why average Airbnb listings are struggling, and what today’s successful STR operators are doing differently. He explains why short-term rentals should be treated as a real hospitality business, not just a real estate investment, and how better pricing, listing optimization, guest experience, amenities, and marketing can help owners increase bookings and revenue. Charles and Dan discuss Airbnb and Vrbo search rankings, revenue management, professional photography, listing titles, amenity optimization, guest avatars, cancellation policies, minimum-night stays, AI tools, five-star reviews, and how multifamily owners may be able to use short-term rentals to increase NOI. Learn More About Dan Here: SynergyStays - www.synergystayslocal.com Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

In this Strategy Saturday episode, Charles Carillo looks back at his first multifamily deal — a 3-family property he purchased in 2006 — and shares the costly mistakes he made, what he learned from them, and what he would do differently today. Charles explains why his first property renovation was more work than expected, why not having a clear renovation plan created unnecessary stress, and how better planning could have made the entire deal easier to manage. In this episode, Charles discusses: • Buying a heavy value-add property as a first deal • Why a clear renovation plan matters before closing • The importance of hiring the right contractor • Why every rental property needs a long-term business plan • How delayed CapEx projects can create problems later • Why market timing matters when buying multifamily real estate Buying your first rental property is one of the best learning experiences in real estate investing, but it can also be one of the most challenging. This episode will help new investors avoid common beginner mistakes and approach their first multifamily property with more clarity and preparation. Links Referenced in Episode:  SS116: How to Minimize Risk When Buying Your First Rental Property - https://youtu.be/kp7wbc5HsrM Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

Dr. Chirag Chaudhari  is an emergency medicine physician turned real estate syndicator, and the son of Indian immigrants. What began as a few rental properties with his wife has grown into a portfolio spanning nearly 800 units through hotel-to-multifamily conversions, land syndications, ground-up construction, short-term rentals, and even oil & gas funds.

Most real estate deals don’t fail because of the market. They fail because of bad underwriting. In this Strategy Saturday episode, Charles Carillo breaks down the common underwriting mistakes that can quietly destroy investor returns, including overestimated rent growth, underestimated expenses, property tax surprises, unrealistic renovation premiums, and inaccurate repair budgets. If you are buying multifamily properties, apartment buildings, or any income-producing real estate, your underwriting needs to be realistic, not overly optimistic. You’ll learn how to protect your downside, verify key numbers, and avoid assumptions that can kill cash flow after closing. Please remember to rate, review, and subscribe for more real estate investing insights. Links Referenced in Episode: SS114: Most Important Expenses When Underwriting an Apartment Building - https://youtu.be/xWtVXSre3xk Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/    

Fernando Angelucci has purchased 55 self-storage facilities across 24 states, totaling approximately $240 million in value. In this episode, Charles Carillo speaks with Fernando about why self-storage investing has become one of the most attractive strategies in commercial real estate. Fernando explains how he moved from engineering to house flipping, apartments, and eventually self-storage after getting tired of the “tenants, toilets, and trash” that come with traditional rental properties. He also shares how his company approaches self-storage as an operating business, not just a passive real estate investment. In this episode, you’ll learn how Fernando evaluates self-storage deals, buys mom-and-pop facilities, increases revenue, cuts expenses, converts big-box retail stores, and develops institutional-grade self-storage properties from the ground up. Fernando also breaks down the risks of self-storage investing, including rising competition, institutional capital entering the market, and why a cheap self-storage facility is not always a good deal. Watch this episode if you want to understand how self-storage investing works, what makes a good self-storage market, and how experienced operators create value in this asset class. Learn More About Fernando Here: SSSE - https://ssse.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

What if the wrong loan could quietly destroy your apartment deal—even if your underwriting looks perfect?  Commercial real estate financing plays by a completely different set of rules than residential mortgages. In this episode of Strategy Saturday (SS 279), host Charles Carillo breaks down the critical commercial debt fundamentals every multifamily investor must master to protect their portfolio and personal wealth. KEY CONCEPTS IN THIS EPISODE: • Commercial Lending Underwriting (Why 5+ units are different than 1-4 units) • Valuation Metrics: LTV (Loan-to-Value), DSCR (Debt Coverage Service Ratio), and LTC (Loan-to-Cost) • Risk Management: Recourse vs. Non-Recourse Debt (Protecting personal wealth) • Loan Schedules: Amortization period vs. Loan Term (Avoiding the balloon payment trap) • Prepayment Penalties: Step-Down (3-2-1 / 5-4-3-2-1), Defeasance, and Yield Maintenance • Commercial Loan Types: Agency, Bank, Bridge, and Permanent Financing   Links Referenced in Episode: SS134: What is Debt Service Coverage Ratio (DSCR) - https://youtu.be/W6eB7NjThiY  🎧 Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/global-investors-investing-in-u-s-real-estate/id1478632257 📺 Watch More Episodes: https://www.youtube.com/playlist?list=PL0f-I8DCAcPjYqiw_H4yL2vtcbJIHl-Qn 👉  Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/  

Bad property management can quietly destroy real estate returns through vacancy, poor renewals, weak systems, rising expenses, compliance risk, and misaligned incentives. In this episode, Charles Carillo interviews Tony Julianelle of Atlas Real Estate about how investors should think about property management, resident retention, operating systems, and building scalable real estate portfolios. Tony shares lessons from his 20-year career at Wells Fargo, the growth of Atlas Real Estate, and why strong management is not just about collecting rent—it is about protecting returns. You’ll learn why “mailbox money” is often misleading, how renewals impact investor performance, what questions to ask before hiring a property manager, and why data, systems, and resident relationships are critical in today’s real estate market. Learn More About Tony Here: https://realatlas.com/   Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

What if your multifamily deal only works when everything goes right? In this episode of Strategy Saturday, Charles Carillo breaks down how to stress test a multifamily deal before investing real money. Most apartment investors focus only on projected returns, but experienced investors focus on downside protection and risk analysis. You’ll learn how to analyze break-even occupancy, interest rate sensitivity, expense growth, DSCR pressure, and exit cap rate expansion to see whether your deal can survive under real market conditions. This episode covers: How to stress test a multifamily deal Break-even occupancy explained Multifamily underwriting mistakes Interest rate sensitivity analysis DSCR and refinancing risk Exit cap rate expansion Apartment investing risk management Commercial real estate underwriting strategies If you invest in apartment buildings, multifamily syndications, or commercial real estate, this video will help you avoid weak deals that only work on paper. Links Referenced in Episode: SS252: Property Expenses Increase as Properties Get Older - https://youtu.be/V-qRYPPxWVk Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

High income does not always mean financial freedom. In this episode, Charles Carillo interviews Buck Joffrey, MD — a surgeon turned entrepreneur, real estate investor, and host of Wealth Formula Podcast. Buck shares why many high-income professionals struggle to build real wealth, how he moved from medicine into real estate, and why cash flow matters more than income alone. They also discuss today’s multifamily market, distressed buying opportunities, value-add investing, operator due diligence, leverage, cash reserves, and what passive investors should watch before investing in a deal. Learn More About Buck Here:  Wealth Formula - https://www.wealthformula.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/