Ritter on Real Estate

On this week’s episode, Kent is joined by Gene Trowbridge. Gene, a veteran securities attorney and former syndicator, breaks down potential SEC and Congressional changes to accredited investor rules, including proposals to exclude retirement accounts from net worth calculations, raise income and net worth thresholds, or introduce a qualifying exam. They also explore the debate over allowing 401k funds into alternative investments, the regulatory gray area around finders and referral compensation, and the ongoing tension between capital formation and investor protection. Gene closes by sharing practical advice for both sponsors and passive investors, emphasizing track record, continuity planning, skin in the game, and preparing for risks like rising interest rates and market downturns Where to find Gene: https://www.facebook.com/gene.trowbridge.1https://www.youtube.com/@tnllphttps://www.instagram.com/trowbridgelawgroup/https://x.com/law_trowbridgehttps://www.linkedin.com/company/trowbridge-law-group-llpKey Takeaways ● Accredited investor rules may change. Retirement accounts could be excluded from net worth. Income and net worth thresholds may also increase. ● The SEC is balancing capital formation with investor protection. More access to deals means more potential risk. ● Congress is considering allowing 401k funds into alternative investments. Employer liability is a major concern. ● Finder rules are still unclear. Getting paid to raise money without being a broker-dealer remains risky. ● Investors should vet sponsors carefully. Look for track record, continuity, sponsor capital invested, and clear liquidity terms.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Eddie Speed. Eddie shares how note investing allows individuals to step into the role of the bank, generating strong cash flow backed by real estate while avoiding the headaches of being a landlord. He explains why today’s market conditions, including tighter underwriting and compressed rental margins, have created a major opportunity to serve creditworthy borrowers who do not fit traditional lending boxes. The conversation dives into risk management, loan servicing, and how investors can build scalable, time-efficient income by owning debt instead of property. Where to find Eddie: ● https://noteschool.com/ Key Takeaways ● Note investing allows individuals to act as the bank, earning consistent interest income backed by real estate instead of relying on rental cash flow and appreciation. ● Current market conditions, including inflation and tighter underwriting standards, have created a large underserved borrower segment that private note investors can serve. ● Strong risk management comes from buying notes at a discount to the property’s value, creating an equity cushion that protects the investor. ● Loan servicers handle payment collection, compliance, taxes, and insurance monitoring, making note investing significantly more passive than managing rental properties. ● Note investing can complement traditional real estate strategies by providing scalable, time-efficient cash flow while reducing operational headaches.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Dwight Dunton. Dwight shares how he built Bonaventure from a single 378-unit acquisition at age 25 into a vertically integrated platform with billions in assets by prioritizing discipline, risk management, and long-term thinking. He explains why fixed-rate debt, conservative leverage, and true sponsor alignment are critical to surviving downturns and compounding wealth over decades. The conversation also explores vertical integration, tax-efficient strategies, and how demographic tailwinds like senior housing and generational wealth transitions are shaping the firm’s next chapter. Where to find Dwight: https://www.linkedin.com/company/bonaventure/ www.bonaventure.com https://www.linkedin.com/in/dwightdunton/Key Takeaways ● Long-term wealth is built by avoiding permanent capital loss, not by chasing short-term returns or high leverage. ● Fixed-rate, long-duration debt acts as protective armor during downturns, allowing operators to focus on performance instead of fighting lenders. ● True alignment means sponsors invest significant personal capital alongside investors and structure deals with consistent incentives. ● Vertical integration should only be built when it improves outcomes, reduces volatility, or enhances resident experience. ● Secular tailwinds such as aging demographics and tax-efficient 1031 strategies create durable opportunities that extend beyond typical market cycles.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Zach Feldman. Zach breaks down the nuances of student housing, from renting by the bed with parental guarantors to achieving near full occupancy by pre-leasing a year in advance, and explains why location and university enrollment trends are critical to success. He shares how top operators differentiate through hospitality-driven design, health and wellness amenities, and hyper-targeted market selection as construction costs rise and viable development markets shrink. The conversation also explores how shifting enrollment patterns, school branding, and strong athletic programs can fuel demand, making student housing a defensible and potentially high-performing niche for passive investors. Where to find Zach: ● https://www.aptitudere.com/ ● Email: [email protected] Key Takeaways ● Renting by the bed offers a different financial structure. ● Operational management in student housing is more intensive. ● Demand in student housing can be accurately assessed. ● Sports performance can influence student applications. ● Construction costs and market selection are critical for success.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Curtis Edwards. They dive into the details of a new Hudson Investing project, the 300-unit Maple Knoll Apartments in Westfield, Indiana, breaking down why it exemplifies their current investment strategy. Curtis and Kent discuss how a focus on high-growth markets, operational efficiencies, and simple, smart renovations can create strong, risk-adjusted returns. They also address investor questions about expense reductions, supply risks, and how disciplined execution and market timing can lead to an early, profitable exit. Where to find Curtis: ● linkedin.com/in/curtis-edwards-57b6427 Key Takeaways ● Maple Knoll Apartments is a 300-unit property in Westfield, Indiana. ● The property is classified as an institutional class asset. ● Key factors in property acquisition include market growth and risk-adjusted returns. ● Expense reduction strategies can lead to significant NOI lifts. ● Understanding competitive positioning is crucial for long-term success. Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Ben Kanner. They dig into why EV charging has quickly shifted from a “nice-to-have” sustainability feature to a real, capital-efficient value-add for multifamily owners. Ben explains how growing EV adoption, renter demand, and rent premiums are creating a compelling NOI opportunity—especially when paired with a no-upfront-cost infrastructure model. The conversation breaks down how EV charging can reduce vacancy, improve resident retention, and generate incremental revenue without adding operational burden for owners.Where to find Ben:Email: [email protected]: https://www.3vinfrastructure.comKey TakeawaysEV charging is no longer just about sustainability—it’s a revenue and NOI strategy for multifamily owners.Roughly one-third of renters are interested in EV charging and are willing to pay more in rent for the amenity.A no-cost infrastructure model allows owners to add EV charging without upfront capital or monthly fees.Properly maintained and priced chargers align incentives between operators, residents, and infrastructure providers.EV adoption varies by market, making localized underwriting critical to long-term success.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Mark Kenney, co-founder of Think Multifamily, for a candid conversation on what real market downturns actually teach long-term operators. Mark draws on 30+ years of experience and recent hard lessons from the multifamily correction to unpack what broke, what held, and what investors must rethink around debt, partnerships, and risk. They dive into the realities of floating-rate debt, insurance shocks, tax surprises, and why “boring” markets can outperform during volatility. The episode is a grounded, experience-driven look at how to scale responsibly—and how to avoid mistakes that only show up when the market turns.Where to find Mark:thinkmultifamily.com https://www.linkedin.com/in/mark-kenney-566065142/ https://www.youtube.com/@MarkKenneyMultifamily https://linkedin.com/company/thinkmultifamily.com https://www.youtube.com/c/ThinkMultifamily https://www.instagram.com/thinkmultifamily/ https://www.facebook.com/multifamilyinvestorsKey TakeawaysFloating-rate bridge debt amplified risk during the downturn; fixed, long-term debt can dramatically reduce uncertainty.Market selection matters more than ever—boring Midwest markets often fell far less than overheated Sunbelt metros.Insurance, taxes, and interest rate caps can change faster and more severely than underwriting models assume.Partnerships need clear decision-making authority; 50/50 structures without a tiebreaker are a major risk.Passive investors must understand debt, contracts, and assumptions—not just “trust the operator.”Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

*This is a previously aired episode* On this week’s episode, Kent is joined by Robert Preston to explore why RV parks are an underrated and increasingly compelling real estate asset class. Robert shares his journey from single-family flips to multifamily, mobile home parks, and ultimately RV parks, explaining how lower competition, strong cash flow, and operational upside drew him into the space. The conversation dives into seasonality, Sun Belt market selection, and how small operational changes—like dynamic pricing and improved amenities—can drive outsized returns. Robert also breaks down the key barriers to entry, including management complexity and financing challenges, and why those hurdles can actually create opportunity for experienced operators.Where to find Robert:Company: Clime CapitalWebsite: https://climecapital.comEmail: [email protected] TakeawaysRV parks offer higher cap rates and less competition compared to multifamily, especially for investors willing to self-manage.Seasonality and climate matter—parks in temperate Sun Belt markets can achieve more consistent year-round revenue.Small operational improvements, like pricing adjustments and better Wi-Fi, can quickly boost NOI with minimal capex.Scale is critical: parks need enough sites and revenue to support quality on-site management.RV parks blend hospitality and real estate, requiring a different mindset than traditional apartments.Books MentionedRich Dad Poor Dad – https://www.richdad.com/products/rich-dad-poor-dadPitch Anything – https://www.pitchanything.com/bookThe Creature from Jekyll Island – https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645XCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Matthew Medrano to break down why real estate financing often gets harder as investors scale—and what smart investors can do before they stall out. Matt explains how traditional banks underwrite borrowers, why arbitrary lending caps exist, and how asset-based and DSCR lending can unlock continued growth beyond the first 5–10 properties. The conversation demystifies private lending, debt service coverage ratios, and why cash flow, not personal income, becomes the focus as portfolios grow. Kent and Matt also dive into common lending mistakes, the danger of chasing interest rates alone, and how strong lender relationships can make or break a deal.Where to find Matthew:Website: https://dynamocapital.comEmail: [email protected] TakeawaysTraditional banks often cap lending based on the borrower, not the property—creating friction for successful investors.DSCR loans focus on property cash flow rather than personal income or W-2s.Interest rate alone doesn’t define a good loan; fees, prepayment terms, and certainty to close matter just as much.Private lending works best as a long-term relationship, not a one-off transaction.Reading loan terms carefully can prevent costly surprises at exit.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Bob Fraser. Bob explains why many passive investors underperform not because they choose bad deals, but because they misunderstand portfolio construction and risk. He breaks down how volatility quietly erodes compounding, why true diversification requires uncorrelated assets, and how family offices think differently about capital preservation. The conversation also explores private credit, real estate’s role in reducing portfolio swings, and why operator alignment matters most when markets turn.Where to find Bob:Website: https://investlikeabillionaire.orgCompany: https://aspenfunds.usLinkedIn: https://www.linkedin.com/in/bobfraser10/Key TakeawaysVolatility can destroy long-term returns even when average performance looks strongTrue diversification means owning assets that do not move together during downturnsFamily offices prioritize downside protection over headline returnsPrivate credit and preferred equity can reduce portfolio risk while generating incomeOperator co-investment is one of the strongest indicators of alignmentCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Justin Goodin. Justin breaks down how he’s still getting ground-up multifamily and mixed-use deals done in a market where most development has slowed, including how public-private partnerships can bridge the “cost vs. value at ribbon cutting” gap. They dig into real risk mitigation in development—GMP contracts, lower leverage, stronger contingencies, and active on-site management—plus what passive investors should look for when vetting a sponsor. Justin also shares why he’s optimistic about apartment fundamentals heading into the projected 2027+ supply drop, while flagging how AI-driven employment shifts could impact certain markets.Where to find Justin:Website: https://goodindevelopment.com/LinkedIn: Justin GoodinFacebook: Justin GoodinFree resource: 7-day passive real estate investing 1-on-1 email course (via https://goodindevelopment.com/)Key TakeawaysDevelopment can still pencil in today’s environment by partnering with municipalities through incentives like TIFs, grants, and forgivable loans to close the feasibility gap.Conservative underwriting matters more than ever, including 5–10% contingencies and no assumed rent growth during construction.Risk mitigation is an ongoing process: GMP contracts, strong GC and design teams, frequent site visits, and tight budget oversight reduce surprises.Public-private partnership deals can carry lower leverage than many investors expect, with loan-to-cost ratios closer to the mid-50% range.Passive investors should vet sponsors beyond marketing materials by checking references, third-party review platforms, and basic background checks.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Veena Jetti. Veena, founder of Vive Funds, breaks down the massive $100 trillion wealth transfer headed toward women and why this shift will fundamentally reshape investing, leadership, and capital allocation. She and Kent explore how women think about money differently, the social and structural impacts of this generational shift, and how operators should adapt their communication and deal framing to meet the needs of a rapidly changing investor base. Veena also dives into the importance of financial literacy, the role of legacy and economic power for women, and how families can prepare daughters to become confident investors. This episode is both a masterclass in understanding the future of capital and a powerful call for women to step into financial leadership.Where to find Veena:Instagram: https://www.instagram.com/veenajettiVive Funds: https://vivefunds.com/Key TakeawaysWomen are projected to receive about $100 trillion of generational wealth by 2030, fundamentally changing who controls capital.Male and female investors often evaluate opportunities differently — women prioritize legacy, social impact, and long-term security.Deal presentation should shift to acknowledge these differences, offering transparency, social context, and values-driven messaging.Financial literacy is the most important legacy parents can give their daughters, empowering independence and informed decision-making.Women historically outperform men as investors — making education, conversation, and confidence critical to participation in the coming wealth wave.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Matt Faircloth. Matt walks through his 20-year journey from small single-family deals to raising hundreds of millions in private capital and building a diversified portfolio of multifamily, hotels, and a debt fund. He and Kent unpack why the classic value-add play has changed in today’s market, where he still sees opportunity in newer assets and public-private partnerships, and how tax incentives can make new construction pencil. They also dig into why he’s leaning into cash-flow-focused deals, what LPs should demand from sponsors right now, and how to underwrite for the next “black swan” instead of hoping the last cycle’s playbook still works.Where to find Matt:DeRosa Group: https://www.derosagroup.com/ Landlord Chronicles YouTube channel: https://www.youtube.com/channel/UCbVJpAsilhvzJp-B-fHz1og The Best Ever CRE Show podcast: https://podcasts.apple.com/us/podcast/the-best-ever-cre-show/id904025246 Key TakeawaysWhy traditional heavy value-add in Class B and C multifamily is crowded in many Southeast markets, and where Matt still sees upside in mismanaged and newer 10–15-year-old assets.How public-private partnerships, tax abatements, and programs tied to AMI can dramatically improve new-build and redevelopment returns by reducing the real estate tax burden.Matt’s thesis for diversifying into newer multifamily, hotels, and a debt fund to blend dependable cash flow with long-term appreciation potential.The growing importance of strong operating reserves, conservative leverage, and planning for insurance spikes, tax hikes, and other “unknowns” instead of assuming smooth sailing.Why many LPs are burned by recent vintages, how funds can offer diversification versus single-asset deals, and what passive investors should look for in terms of operator experience, fund terms, NAV updates, and liquidity.Books mentionedRaising Private Capital: Build Your Real Estate Investing Empire with Other People's Money by Matt Faircloth – https://store.biggerpockets.com/products/raising-private-capital-revised-edition (BiggerPockets Bookstore)Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by August Biniaz. August walks through what it really takes to launch and scale a real estate private equity firm, from finding your place between mom-and-pop operators and institutional giants to structuring a business that can attract serious capital. He breaks down the three core pillars of a PE firm—acquisitions, asset management, and investor relations—and how he’s used content, LinkedIn, webinars, and a tight CRM system to raise millions from high-net-worth investors. August and Kent also dig into the “multifamily clock,” why today feels closer to the bottom of the cycle, where he’s finding distressed opportunities (like San Antonio), and how CPI’s new mutual fund trust lets Canadian investors use retirement funds to access U.S. multifamily.Where to find August:Website: CPI Capital Bio: CPI Capital – August BiniazPodcast: Real Estate Investing Demystified LinkedIn: August Biniaz Key TakeawaysLaunching a real estate private equity firm takes more than confidence—you need the right niche, partners, and a willingness to operate in a “middle market” space between mom-and-pop deals and giant institutional players.Successful firms are built on three core verticals: acquisitions (finding and underwriting deals), asset management (executing the business plan), and investor relations/marketing (raising and nurturing capital at scale).Building investor trust starts long before a deal goes live—through consistent branding, educational content, podcasts, LinkedIn thought leadership, webinars, conferences, and a disciplined CRM plus weekly newsletter to nurture warm leads.Many new syndicators stumble by overestimating what their database can actually raise, leaning too hard on friends and family who don’t yet see them as “real estate people,” or ignoring the serious compliance risks around securities laws in both the U.S. and Canada.August’s “multifamily clock” framework highlights how interest rates drive the cycle; with distress, foreclosures, and note haircuts showing up in markets like San Antonio, he sees real opportunity to buy below replacement cost while also expanding into build-to-rent and retirement-account-friendly fund structures.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Chris Zona. Chris shares how investors can use litigation not as a defensive tool but as a powerful offensive strategy to unlock value in distressed and value-add real estate deals. He explains how buying non-performing notes, enforcing loan covenants, and strategically using foreclosure or receivership actions can give investors control and create strong returns. Chris also talks about where these opportunities are most abundant and how his background as an Air Force JAG shaped his disciplined and strategic mindset.Where to find Chris:Website: Mandelbaum Barrett PC – Christopher T. ZonaLinkedIn: LinkedInKey TakeawaysLitigation can serve as an offensive investment strategy to create alpha in distressed and value-add deals.Investors can buy non-performing notes at a discount and use loan covenants to take control or renegotiate favorable terms.Tools like foreclosure, receiverships, and lockboxes help investors secure or stabilize assets without necessarily owning them.Smaller investors and operators can find opportunities by targeting regional banks and smaller loan portfolios.Success in this space requires persistence, creativity, and a strong understanding of both legal and market dynamics.Books mentionedVince Flynn – Mitch Rapp thriller series – Official Mitch Rapp book listCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Gino Barbaro. Gino is an investor, author, coach, and co-founder of Jake & Gino, who has built a $400M multifamily portfolio and now teaches others how to do the same. In this conversation, Kent and Gino revisit Gino’s investing journey from restaurant owner to real estate mogul and dig into his “Jockey, Saddle, Horse” framework for evaluating passive investments. Gino shares lessons from his early mistakes—including losing $172K to “Maserati Mike”—and why understanding your relationship with money, your goals, and your alignment with sponsors is essential to long-term success.Where to find Gino: Website: https://barbaro360.com Multifamily Education: https://jakeandgino.com Podcast: Jake & Gino ShowKey TakeawaysGino’s early loss to a bad sponsor inspired his “Jockey, Saddle, Horse” framework—prioritizing the sponsor, alignment of interests, and then the deal itself.A good passive investor must understand the business well enough to read financials and ask smart questions.Alignment of goals is critical—cash flow, hold period, and risk tolerance should match between investor and sponsor.Don’t chase deals for the sake of activity—fall in love with the process, not the goal.Know your “why” and choose the right “race” to run—whether you want passive income, diversification, or a full-time transition.Persistence and accountability matter more than talent; success comes from disciplined follow-through.Books mentionedMindset: The New Psychology of Success by Carol Dweck — https://www.amazon.com/Mindset-Psychology-Carol-S-Dweck/dp/0345472322Atomic Habits by James Clear — https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Matt Picheny. Matt shares his journey from actor and web developer to real estate investor, revealing how one condo purchase in New York City turned into a 15+ year career and a portfolio touching over 10,000 apartments. He and Kent unpack the surprising similarities between Broadway show syndications and multifamily deals, including how he invested in Hamilton and what that taught him about sponsors, markets, and deal mechanics. Matt also opens up about painful lessons from floating-rate debt and aggressive supplemental loans, why he now favors long-term fixed-rate financing, and how his philosophy of “purposeful investing” shapes everything from community-building events to green upgrades and resident-focused value-add strategies.Where to find Matt:Website: https://picheny.comBackstage Guide to Real Estate: https://picheny.com/backstage-guide/ LinkedIn: https://www.linkedin.com/in/pichenyInstagram: https://www.instagram.com/mattpichenyKey TakeawaysA single condo purchase in NYC that more than quadrupled his down payment convinced Matt that real estate could outperform his six-figure salary and launched his investing career.Broadway productions are structured very similarly to real estate syndications, with clear roles for general partners/producers and limited partners/investors and a heavy focus on sponsor, “location,” and deal mechanics.For both theater and real estate, Matt evaluates opportunities through three lenses: Who is running the deal, where it’s located, and how the economics are structured.One of his toughest passive deals involved multiple planned supplemental loans and floating-rate debt; when rates rose and valuations fell, rescue capital came in and early investors were heavily diluted.That experience reinforced his preference for fixed-rate, longer-term debt where the deal works on today’s numbers without relying on refinances, interest rate bets, or aggressive underwriting.Matt stresses trusting your gut—he’s had deals where something felt “off,” invested anyway, and later wished he’d listened to that intuition.Purposeful investing for Matt means improving communities and residents’ lives while still generating strong returns, through value-add improvements rather than simply slashing expenses.Books mentionedPrinciples for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio: https://www.simonandschuster.com/books/Principles-for-Dealing-with-the-Changing-World-Order/Ray-Dalio/Principles/9781982160272 Backstage Guide to Real Estate: Produce Passive Income, Write Your Own Story, and Direct Your Dollars Toward Positive Change by Matt Picheny: https://picheny.com/backstage-guide/ Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Pascal Wagner. A former Techstars VC turned professional LP. Pascal shares how he built a six-figure passive income stream by diversifying across real estate and alternatives—and the simple three-step framework he uses to evaluate opportunities with institutional discipline. He explains why clarity of goals comes first, why great investors source and filter far more deals than they fund, and how a checklist-driven diligence process reduces emotion and errors. You’ll also hear one advanced track-record question he asks to separate true operator skill from lucky market timing.Where to find Pascal: Website: https://growyourcashflow.ioFreebie: http://passiveinvestingstarterkit.comLinkedIn: https://www.linkedin.com/in/pascalwagnerKey TakeawaysStart with a clear income goal and “buy box” (return targets, cash-flow timing, risk profile) before looking at any deal.Expand and systematize deal flow; the more qualified opportunities you review, the better your odds of finding “cream of the crop.”Use a repeatable checklist to vet operators and assets (documents, insurance, background checks, references, site visits as needed).Advanced track-record check: ask for portfolio-wide NOI growth to gauge execution versus market tailwinds.Mentorship and community shorten the learning curve and help avoid costly mistakes.Diversify strategies and sponsors to reduce concentration risk and smooth income.Books mentionedAtomic Habits by James ClearCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

 On this week’s episode, Kent is joined by Axel Ragnarsson—founder of Aligned Real Estate Partners and host of The Multifamily Wealth Podcast. Axel breaks down why his team targets small-to-mid multifamily in New Hampshire and Rhode Island, winning on inefficiencies while packaging assets into funds to spread risk. He gets tactical on the tech that lets a scattered-site portfolio scale (self-showings, workflow automation, AI assistants, virtual staging), and he explains how a narrow, local focus has outperformed the “go bigger” mantra. You’ll also hear the one question he’d ask any sponsor before wiring funds—and why building a PM company that helps employees become investors is his proudest win. Key Takeaways“Small” can scale: Inefficiencies in 5–50 unit deals create discounted buys; bundling multiple properties in a fund structure diversifies vacancy/renovation risk.Why New Hampshire: Positive population trends, business-friendly taxes, and supply constraints support durable occupancy and rent growth.Ops stack that matters: Self-showings (Tenant Turner), AppFolio + LeadSimple automations, virtual maintenance triage, AI chat for leasing FAQs, and AI-powered renderings/virtual staging to pre-lease units.LP diligence tip: Ask sponsors to describe a deal that went wrong and exactly how they handled it—accountability and operating chops matter more than pitch decks.Focus wins: A tight geographic niche and repeatable processes beat chasing shiny objects.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Amanda Han and Matt MacFarland, partners at Keystone CPA and authors of Tax Strategies for the Savvy Real Estate Investor. Amanda and Matt reveal how real estate investors—from beginners to high-net-worth professionals—can use the tax code to build wealth faster and keep more of their earnings. They break down how depreciation, bonus depreciation, and cost segregation unlock “paper losses” that shelter real cash flow and even offset other income streams. The pair also explain how to invest in real estate through retirement accounts, common tax myths that hold investors back, and how to align with a CPA who truly understands real estate strategy.Where to find Amanda and Matt:Website: https://www.keystonecpa.comInstagram: https://www.instagram.com/amandahancpaKey Takeaways:Real estate creates paper losses through depreciation that offset real-world income.Leverage amplifies tax benefits since depreciation is based on the entire property value, not just your down payment.Bonus depreciation allows large first-year deductions through cost segregation studies.Passive investors can still benefit significantly—even without being full-time in real estate.Self-directed IRAs and 401(k)s can be powerful tools for investing in syndications tax-deferred.The right CPA should think strategically about wealth building, not just tax filing.Books mentionedTax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland — https://www.keystonecpa.com/bookRich Dad Poor Dad by Robert Kiyosaki — https://www.richdad.com/products/rich-dad-poor-dadCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Paul Moore. Paul shares his unconventional journey from Ford Motor Company to building and selling a business, before discovering his passion for real estate and eventually founding Wellings Capital. He breaks down how his firm evaluates hundreds of operators to find only the best opportunities, why diversification across asset types and capital stack is key, and how to spot “intrinsic value” in deals that others overlook. Paul also explains the role of preferred equity in today’s market and highlights the importance of focus, integrity, and learning from past mistakes. Where to find Paul:https://www.wellingscapital.com https://www.linkedin.com/in/paul-moore-3255924 https://www.linkedin.com/company/wellings-capital-llc https://www.facebook.com/wellingscapitalKey TakeawaysDon’t chase speculation; focus on durable asset types and strong operators.Diversification across sponsors, geographies, and the capital stack reduces risk.The best investors say “no” far more often than they say “yes.”Look for intrinsic value—hidden opportunities to add income and increase property value.Preferred equity offers safer positioning in the capital stack with steady returns.Character matters: how an operator treats others often predicts how they’ll treat investors.Books mentionedThe One Thing by Gary Keller and Jay PapasanCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Andrew Cushman. Andrew shares his journey from chemical engineer to full-time multifamily investor, with more than 3,000 units syndicated and repositioned. He explains why chasing “rough C” properties created more risk and headaches than reward, why class B assets offer the best risk-adjusted returns, and how probabilistic thinking guides his underwriting and debt strategy. Andrew also dives into the importance of fixed-rate financing, downside protection, and why he takes pride in never losing investor money even through volatile cycles.Where to find Andrew:LinkedIn: https://www.linkedin.com/in/andrewcushmanvpa/ Website: https://vpacq.com/Key TakeawaysDon’t get stuck doing everything yourself—hire earlier to scale smarter.Class B assets often provide stronger long-term returns with fewer operational headaches than older class C properties.Think probabilistically: account for non-zero risks (like rapid rate hikes) and eliminate them where possible.Fixed-rate debt and properties that cash flow from day one provide critical downside protection.Always underwrite conservatively with cap rate expansion and realistic rent growth to create “lots of ways to win.”Books mentionedHow to Win Friends and Influence People — Dale Carnegie: https://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Michael Blank. Michael shares his winding path from software IPO riches to a painful restaurant collapse, the light-bulb moment that multifamily creates true “mailbox money,” and how a Who-Not-How mindset lets new investors scale without waiting for decades of experience or their own capital. He breaks down the most common limiting beliefs, the step-by-step “dealmaker” approach he teaches, and the underwriting levers passive investors should question (exit cap, debt, reserves, real vacancy in value-add). They wrap with why today’s risk-adjusted returns in multifamily look stronger than two years ago and how tiny daily actions—and clarity—beat “massive action” every time. Where to find Michael:Website: https://TheMichaelBlank.comInstagram: https://instagram.com/themichaelblankFacebook: https://www.facebook.com/themichaelblankLinkedIn: https://linkedin.com/in/mblank1Youtube: https://youtube.com/user/ApartmentInvestingTwitter: https://twitter.com/themichaelblankLink to Book “Financial Freedom with Real Estate Investing”: https://bit.ly/3E1d3xG Key TakeawaysSwap “How do I do this?” for “Who can help me do this?” to overcome experience and capital gaps fast.Consistency > intensity: tiny daily actions on deal flow or investor meetings compound into momentum.Underwriting sanity checks for passives: conservative exit cap, realistic vacancy during value-add, debt terms (fixed/caps, prepay penalties), and funded/replenished reserves.You can’t eliminate risk—manage it. Be conservative without getting stuck in analysis paralysis; commit to the next three actions, then repeat.Market lens: lower leverage, flat-to-down rate outlook, and a thinning new-supply pipeline improve multifamily’s risk-adjusted setup versus the zero-rate era.Books mentioned:Financial Freedom with Real Estate Investing — Michael BlankWho Not How — Dan SullivanRich Dad Poor Dad — Robert KiyosakiThe Miracle Morning — Hal ElrodThe Miracle Equation — Hal ElrodMichael’s resources & free scaling course: https://thefreedompodcast.com/kentCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

 On this week’s episode of Ritter on Real Estate, Kent Ritter interviews John Casmon. They break down a real case study: a 2019-built, B-class Louisville asset bought in 2021 where the team created value through operations and paired the plan with stable, assumed fixed-rate debt. John shares how they tightened collections, navigated a surprise tax reassessment, and used a “process, people, partner” framework to sharpen property management. They wrap with why Midwest absorption/supply dynamics matter and how conservative underwriting created multiple ways to win. Where to Find John:https://casmoncapital.com/John's podcasts - Multifamily Insights, Multifamily Mastery on Best Ever CREKey TakeawaysAlign debt structure with your business plan; fixed long-term debt lowered risk and created stabilityValue-add isn’t always about renovations—operational efficiencies can drive just as much upsideExpect the unexpected: delinquency spikes, tax surprises, and other challenges require proactive pivotsManagement can make or break deals; clear KPIs and the right on-site PM are criticalConservative underwriting and multiple ways to “win” set projects up to outperform expectationsBooks MentionedFree guide: 7 Questions to Ask Before Investing in ApartmentsBooks mentioned:Atomic Habits by James ClearWho Not How by Dan Sullivan & Benjamin Hardy10x Is Easier Than 2x by Dan Sullivan & Benjamin HardyCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode, Kent is joined by Jonathan Greene, longtime investor and host of Zen and the Art of Real Estate Investing. Jonathan shares how growing up learning real estate “old school” from his attorney-investor father shaped his bias toward action, diversification, and treating each property like a business. He explains why many busy, high-income earners should start with passive syndications, what he vets first (the operator and the debt), and how fixed-rate, longer-term loans align risk with the hold period. The conversation closes with mindset, legacy, and teaching the next generation about money and real estate. Where to Find Jonathan:Sites - www.zenandtheartofrealestateinvesting.com, www.trustgreene.com, www.streamlined.propertiesInstagram - @trustgreene, @zenrealestateinvesting, @streamlinedpropertiesLinkedIn - https://www.linkedin.com/in/jonathan-greene-reThe Zen and the Art of Real Estate Investing Substack - https://trustgreene.substack.comKey TakeawaysStart with passive if you’re time-constrained: it buys back your time while letting domain experts operate. Underwrite the operator first, then the debt (favor fixed, 5–7-year terms that match the business plan). Don’t over-optimize for door count or social-media optics; stay opportunistic and walk away freely when a deal doesn’t fit. Diversify by asset class and geography through syndications to smooth portfolio “trajectory.” Treat every property like a standalone business (revenue, OpEx, CapEx) and routinely prune underperformers. Learning angle: passive LP deals double as education—study reporting, assumptions, and how seasoned teams execute. Mindset matters: steady temperament, long-term thinking, and humility beat hype and ego. Books MentionedThe Wealthy Gardener by John Soforic (book): https://www.amazon.com/Wealthy-Gardener-Lessons-Prosperity-Between/dp/0593189744 Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On this week’s episode of Ritter on Real Estate, Kent Ritter interviews Lon Welsh. They unpack Lon’s “four pillars of diversification” framework—asset class, geography, strategy, and sponsor—digging into why he favors multifamily for stability, mid-size industrial for supply–demand gaps, and budget extended-stay hospitality for resilient demand. Lon explains blending value-add (for depreciation and cash flow) with ground-up development, and why property management selection is the single biggest driver of outcomes. The conversation also covers geographic risk (policy shifts, disasters) and why a Midwest/Sunbelt mix can smooth the ride for passive investors. Where to find Lon:IrontonCapital.comIrontonCapital.com/linkedinIrontonCapital.com/facebookIrontonCapital.com/youtube Key TakeawaysThe four pillars of diversification: asset class, geography, strategy, and sponsor—diversify across all four to reduce correlation risk. Asset picks he likes now: multifamily for low volatility, mid-size multi-tenant industrial for scarcity, and budget extended-stay hotels for durable, non-discretionary demand. Geography matters twice: politics (landlord–tenant laws) and physical risk (storms, fires) argue for spreading exposure across markets. Strategy blend: prioritize value-add for immediate depreciation/pass-through tax benefits, pair with targeted development where shovel-ready and contingency-smart. Sponsor & PM are critical: assess track record by product type/market, insist on contingency by line item, and scrutinize the property manager’s detection/solution chops. Books MentionedFree book on passive real estate investing (Ironton Capital): https://irontoncapital.com/ritterWall Street Journal: https://www.wsj.comCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, We chat with Robert Preston. Robert Preston is the CEO and co-founder of Climb Capital, a real estate investment firm specializing in RV parks. With a background in aviation and a former career as a Marine Corps pilot, Preston transitioned into real estate investing, focusing on value-add opportunities in niche markets like RV parks. Under his leadership, Climb Capital has successfully acquired and managed multiple RV parks across the United States, leveraging the growing demand for affordable, flexible living spaces. Preston is known for his hands-on approach to investing and his commitment to helping investors achieve passive income through alternative real estate assets. Welcome Robert!- Why RV parks are a great investment- Why the Sunbelt is ideal for investing in RV parks- Robert’s operational model: Highlighting the key parts- Examples from companies like Bambi and Century in RV park operations- Pros and cons of owning an RV park- Easy improvements that can be added to parksIf you're interested in learning more about investing in RV parks or want to get in touch with today's guest, Robert Preston, you can visit his company’s website at ClimbCapital.comCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

 On today's episode of Ritter On Real Estate, We chat with Jim Pfeifer. Jim founded Left Field Investors which is now PassivePockets. Formerly a financial advisor, Jim is committed to sharing his knowledge with others eager to explore alternative ways to grow wealth. Jim believes in Community Personal Finance and works with PassivePockets to promote passive investment in real estate syndications through knowledge sharing, networking, and continuous learning. Passive Pockets Invetor Community collectively reviews and discusses investing opportunities, ensuring well-informed decisions and access to unique prospects. Jim has a diverse professional background and holds degrees in Finance & Marketing. He resides in Dublin, Ohio, with his family.  Welcome to the show again, Jim! Key Points From The Episode:- Jim's background in finance, becoming an accidental landlord.- Partners with Bigger Pockets (Passive Pockets).- What Passive Pockets is and the value it offers.- Changing people's mindset towards retirement with Passive Pockets.- The impact of rate cuts on Passive Pockets.- The supply cliff.- Paper vs. real assets.Learn more about Passive Pockets here: https://passivepockets.com/Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with 2-time guest Russ Morgan founder of Wealth Without Wall Street. Founder and Partner, Russ Morgan, is known as “The Idea Guy.” Russ began his professional career as an investment advisor in 2004 after graduating from Auburn University — a slight foray from 10-year-old Russ’ dream of becoming a professional baseball pitcher. After obtaining his CFP in 2008, Russ started IBC the following year, and eventually went on to found Wealth Without Wall Street in 2015. Wealth Without Wall Street is an online community that seeks to re-educate business owners & families how money truly works. Our goal is to teach people how to enhance savings, increase cash flow and create passive income all without the help of Wall Street. The secret to doing this is having your money work for you, not someone else. Welcome back to the show Russ!Key Points From The Episode:- Russ's new book, who it's for, and what they will learn.- Understanding where you're going with your finances.- The Passive Income Matrix.- Russ's system to help investors shortcut the process.- America's retirement problem.Link to Russ's Website: https://www.wealthwithoutwallstreet.com/Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, We chat with Joe Fairless. Joe Fairless is the Co-founder of Ashcroft Capital which has over $2,800,000,000 of assets under management. In addition to his responsibilities with Ashcroft Capital, Joe created the podcast, Best Real Estate Investing Advice Ever Show, which is the longest-running daily real estate podcast in the world and generates over 500,000 monthly downloads.Joe is also a proud Member of the Texas Tech Alumni Advisor Board for the College of Media and Communication, as well as being recognized as Outstanding Alumni at Texas Tech University, where he is a former Adjunct Professor. He is currently a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been recognized by the Junior Achievement’s Free Enterprise Society. Joe volunteers at Crossroads Hospice and was recognized as Multifamily Investor of the Year by Think Realty Magazine. He and his wife created Best Ever Causes which has proudly supported 76 different non-profits over the last 72 months. Welcome, Joe! Key Points From The Conversation:- Why 2024 is a great time to invest in multifamily assets.- Supply and demand, issues with new construction. - Kent's prediction for the future of the market.- Navigating interest rates in deals.- Josh's experience investing as a limited partner. - The importance of being a good operator. Books Mentioned: Breath: The New Science of a Lost Art by James NestorCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Franco Perez. Franco is the founder of Franco Mobile Homes which has Established an innovative housing option and opportunity for families through mobile homes. Franco oversees the staff, the finances, and the leadership while evaluating the business's performance to see whether it is on track and reaching its objectives.Welcome to the show, Franco! Key Points From The Episode:- Franco's early life, migrating to the US.- Working as a real estate agent but not fulfilling his purpose of helping people. - Discovering mobile homes and how they can become a great track to home ownership.- Breaking the stigma surrounding mobile homes. Books Mentioned: The Lean Startup By Eric RiesCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode or Ritter On Real Estate, We chat with Niti Jamdar. Niti Jamdar is Co-Founder and Managing Partner at Open Spaces Capital based in Philadelphia. He brings 15 years of experience in Strategy, Finance and Audit. He focuses on value-add investing for residential homes and multi-family dwellings in and around Philadelphia. Along with his wife and partner Palak Shah, he manages the end to end life cycle starting from sourcing properties, renovation and rentals along with financing and investor relationships. Welcome To The Show Niti!Key Points From The Episode: - Niti's background, coming to America and working a corporate job but still not achieving time and financial freedom.- Niti's investment strategy, how he started vs now.- Niti's perspective for new investors in today's tough real estate market.- Why invest during an economic downturn.  - Understanding the disconnect. Why people are afraid to invest in real estate.- The importance of Knowlegde and how it creates confidence when investing.- What Niti learned during his first investment. Books Mentioned: - The One Thing By Gary KellerCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, We chat with Paul Shannon and Jim Pfeifer.  Jim Pfeifer, the maverick behind Left Field Investors, who is rewriting investment rules and blazing a trail in passive investing and syndications. Formerly a financial advisor, Jim has transformed into a cash flow expert, breaking free from the standard playbook. His commitment lies in sharing his knowledge with others who are eager to explore alternative ways to grow their wealth. It is with this understanding that he founded The Left Field Investors, an organization dedicated to passive investment, thriving on principles of knowledge sharing, networking, and continuous learning. Since transitioning to real estate investing full-time in 2019, Paul has acquired over 200 residential units, many deep value-add properties, starting with single-family and transitioning to multifamily, by recycling his equity and/or joint venturing. Paul is also an experienced limited partner, investing in over 1,500 multifamily units nationwide.  These experiences have led to the formation of InvestWise Collective, a customizable fund aimed at helping investors diversify out of traditional markets into passive real estate opportunities. Welcome to the show Paul and Jim!Key Points From The Episode: Jim's and Paul's background, Working in other careers, discovering Real Estate, and becoming investors.How Left Field Investors formed during the pandemic.Paul's background in sales, using the BRRRR strategy to start investing full-timeHow the mindset of investors has changed in just a few years.Why Debt is important in today's real estate syndication landscape.The competitive nature of investing in today's market.What Jim and Paul say to those who want to just leave their money in a savings account.The partnership between Left Field Investors and InvestWise Collective.Books Mentioned: - Avoiding Rookie Errors As A Left Fielder By Steve Su (Not out yet)- The Creature From Jekyll Island by Edward GriffinCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

Welcome to today's episode of Ritter On Real Estate! Today we chat with Tom Zeeb. Tom is the founder of Traction Real Estate Mentors. He works with real estate investors of all levels teaching them how to build their business correctly so that their personal goals and lifestyle stays at the center of everything they do! He is world-renowned for his negotiation techniques. Welcome to the show, Tom! Key Points From The Episode: - What makes a good negotiator.- Why negotiation should be a win/win for all parties involved.- Tom's three methods of negotiation.- Practical stories of how Tom's training works.- How to fight internal intuition when negotiating. - Reacting not off of feel, but off training.- Using the seller's problem as a solution.Books Mentioned: To Be or Not to Be Intimidated?: That is the Question, by Robert RingerCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Mark Khuri. Mark has been an avid real estate investor for over 17 years and throughout his career he has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US. Mark has analyzed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1 billion and created and managed over 60 real estate partnerships with investors. Welcome to the show, Mark! Key Points From The Episode: - Mark's background working in corporate America. Getting into real estate. -Building SMK Capital Management to the private equity firm it is now.-Why Diversification is key for SMK Capital Management. -An overview of the real estate market over the last 18 months.-How Interest rates & rent growth have evolved.-SMK's strategy for underwriting deals.-Mark's prediction of where cap rates will go.-Floating rate debt vs fixed rate debt.-How SMK Capital Management facilitates deals. Books Mentioned: 12 Pillars by Jim RohnCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

In today's Ritter On Real Estate episode, we chat with Jindou Lee. Jindou is the CEO and Co-founder of HappyCo, a multifamily prop-tech company that develops software and service solutions to enable real-time property operations. Prior to his current role, Jindou also founded and exited two previous tech companies.  Jindou spent most of his adult life growing up in Australia and graduated from the University of South Australia with a Bachelor of Visual Communications (Design). Following graduation, he worked at Midway Games where he led the User Interface team to work on classic titles such as Mortal Kombat, Gauntlet, and Dukes of Hazzard.  Besides his love for technology, Jindou is also an avid real estate investor, ex-semi pro soccer player, and enjoys spending time with his family. Welcome to the show, Jindou! Key Points From The Episode: - Jindou's background before getting into real estate investing. Working in the gaming industry and selling his company.-Leaving Midway Gaming to start investing in single-family real estate. -How his journey started in real estate. -What is Happy.co and how it assists investors. -Technology & AI's impact on multifamily. -Why property management & management software is super important.-Use cases for AI in multifamily.Books Mentioned: The Hard Thing About Hard Things By Ben HorowitzLinkedIn Profile:  https://www.linkedin.com/in/jindou/  Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Ray Heimann. Ray is a real estate investor and co-founder of Terra Capital, an investment firm that focuses on turning small, outdated residential real estate assets into scaled, turnkey portfolios of modern-finish units across the US. He has over a decade of experience working for various investment firms, including JP Morgan, Booz & Company, and Sverica Capital, where he covered US REITs, advised on He is known for his focus on cutting out the noise around what's hot and honing in on strategies that repeatedly drive strong, risk-adjusted returns. Welcome to the show Ray! Key Points From The Episode: -Ray's background & upbringing working at a few other firms before co-founding Terra Capital.-What brought Ray back to the Midwest. -Ray's investment strategy. What he looks for in a deal.-Getting around the issue of scaling a firm.-Why Terra Capital manages all of their assets. Books Mentioned: Washington: A Life by Ron ChernowCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

In today's Ritter On Real Estate episode, we chat with returning guest Julie Holly. Julie is a speaker and founder of Three Keys Investment, and today we talk about Assisted Living Investments and why they are great investments!Julie has invested in single-family homes, house-hacked before it had a name, managed properties from 1k miles away and passively invested in multifamily assets. Julie is passively invested in nearly 300 doors, strategically partnered in 68 Atlanta based and a general partner in 387 units.  Her podcast 'The Conscious Investor' is designed to support investors at every step of their journey. Enjoy over 300 episodes on mindset and how highly successful investors overcome limitations and become an unstoppable force of success. Welcome to the show, Julie! Key Points From The Episode:-How Julie discovered assisted living and how it sparked her interest later in life.-Why Assisted Living is a great investment right now.-The exponential need for assisted living, 70% of seniors using it at some point.-Assisted Living vs Nursing Homes, what's the difference?-Julie's investment strategy for Assisted Living.-What Investors need to know before investing in Assisted Living.-Why good management is ESSENTIAL for investing in Assisted Living Assets.Books Mentioned: The Alchemist by Paulo Coelho & The 4 Agreements by Don Miguel RuizLearn more about Julie and Three Keys: https://www.threekeysinvestments.com/Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

In today's Ritter On Real Estate episode, we chat with Xiao Ou Yuan. Xia 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. Prior to joining Hageman Capital, Xiao was a Principal at Fifth Third Securities, a regional investment banking firm, primarily focused on high-yield TIF and municipal bond transactions in the Midwest. Welcome to the show, Xiao! Key Points From The Episode: - Xiao's background, how he and Kent met.- What are TIF Bonds and how they work.- How TIF Bonds work with deals and what developers need to know.- The positive tax benefits associated with TIF Bonds. - Why investors should not rely on bonds to make their underwriting work.- How investors can get started with TIF Bonds.Learn more about Hageman Captial: https://hagemancapital.com/Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with returning guest, Veena Jetti. Veena is the founding partner of Vive Funds, a unique commercial real estate firm specializing in curating investors' conservative opportunities. She has over a decade of real estate experience including overseeing the management of $1B+ in real estate assets. Her expertise includes driving corporate growth strategy, asset management, and business development derived from working for multiple Fortune 500 companies. Her professional expertise includes driving corporate strategy and business development opportunities. In this episode, Veena shares her story of building her Facebook community, Mastering Multifamily where she offers training/guidance to the group members! Welcome to the show, Veena! Key Points From The Episode:- Veena's background in multifamily. Finally crossing the $1B transaction mark.-What is Thought Leadership and how it builds credibility amongst investors. -How to build a brand, the work it consists of.-The Joy of helping new investors get started in real estate.-What is the Mastering Multifamily community and how individuals can get involved.Books Mentioned: Rocket Fuel by Gino Wickman and Mark C. WintersLearn more about Veena: https://veenajetti.com/Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

Welcome to Curtis' Corner, a segment hosted by Hudson Investing's Vice President of Investor Relations, Curtis Edwards.  On this episode,we chat with Corey Daharsh. Corey is the business development specialist at Advanta IRA. Advanta IRA is an elite provider of self-directed plans serving clients across the nation. Their mission is to enlighten and empower people who want to take an active role in building retirement wealth. Born and raised in central Florida, Corey is a University of South Florida graduate. He worked in the finance and banking industry for several years before joining Advanta IRA. Corey is a Certified IRA Services Professional (CISP) and delivers exceptional service and self-directed expertise as he educates investors on the power of self-directed accounts in the Carolina/Tennessee region. Welcome to the show, Corey! Key Points From The Episode:-What is a Self-Directed IRA? -Corey's background and upbringing.-How Advanta IRA helps individuals take control over their retirement.-Self-Directed IRAs vs more traditional alternatives typically recommended to investors.Hudson Investing's Guide To Self-Directed IRAs: Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

In today's Ritter On Real Estate episode, we chat with Eddie Ring. Eddie is the founder of New Standard Equities and serves as its Chief Executive Officer.  He has ultimate responsibility for NSE’s investment strategy, operations, risk management, and investor relationships. He has over 25 years of real estate and financial consulting experience, with 16 years of dedicated investing and operating experience in the multifamily sector. Under Mr. Ring’s leadership, NSE is known as a full-service, vertically integrated organization, and a leading investor of multifamily properties primarily located in the Western U.S. including Seattle, Northern and Southern California, and San Diego. Welcome to the show, Eddie!Key Points From The Episode: - Eddie's background, working as a comedy writer before discovering real estate investing. - How fatherhood changed Eddie's perspective on work and time freedom.- How Eddie scaled NSE to the large size it is today.- What Eddie learned working for other multifamily firms before starting his own.- Pros and Cons of in-house property management. - How Eddie grew his team strategically. - NSE's Investment thesis, how Eddie evaluates potential deals.- Understanding supply and demand in California's market. How politics impact developments.- Rent growth overbearing income growth.Books Mentioned:- Start With Why by Simon SinekCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Chance Finucane CFA/Chief Investment Officer at Oxbow Advisors. Chance joined Oxbow in 2017 after spending six years on the investment team at Institutional Capital (ICAP), a global value investment firm based in Chicago. He is a graduate of Indiana University with a B.S. in Accounting and Finance and an M.B.A. in Accounting. Chance is a member of the firm’s investment committee. Welcome, Chance! Key Points From The Episode: -Chance's background, graduating from IU & working In Finance. -The current state of the economy, how the pandemic impacted markets and investments. -How to analyze markets as a public investor.-Artificial Intelligence & Chat GPT, what are the investment opportunities?-How investors should deal with "FOMO".-The future of Inflation. Where Chance sees the fed heading next. -Where Oxbow Advisors guides investors to invest. Books Mentioned: -The Obstacle Is The Way By Ryan Holliday- The Most Important Thing By Howard MarxCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Ellie Perlman. Ellie is a real estate investor who owns multifamily properties across the U.S. Ellie is the Founder and CEO of Blue Lake Capital Group, a real estate investment firm specializing in multifamily acquisition and management. At Blue Lake Capital, Ellie helps investors grow their wealth by investing alongside her in large multifamily deals.Ellie started her career as a commercial real estate lawyer, leading real estate transactions for Israel’s largest real estate company. Later, she transitioned to a property manager role and is now the CEO of Blue Lake Capital GroupEllie holds a masters in Law and an MBA from MIT Sloan School of Management. She is a Forbes author and a real estate investing podcast host.​In her spare time, Ellie enjoys working out, driving sports cars, skiing black diamonds, and investing in startups. Welcome to the podcast, Ellie! Key Points From The Episode: Ellie's background, working as a former attorney, getting into real estate, and growing her firm.Why Ellie Prefers B-Class Real Estate Investments. How the tenants are more stable.Understanding risk-adjusted returns. Ellie's thoughts on supply risk. Downshift in supply w/ new interest rates.How Ellie's underwriting approach has changed. How to structure financing for multifamily investments. Good debt vs bad debt.How to grow a self-sustaining real estate firm.Why its better to not be cheap when hiring individuals. How an assistant was the best & first hire Ellie made.Books Mentioned:             - The One Thing by Garry KellerCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Kenny Wolfe. Kenny is an experienced multifamily syndicator, the founder and CEO of Wolfe Investments. Kenny is also the author of “Investing in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial Freedom”. He invested in his first multifamily property in 2010 and instantly saw the potential for real estate to transform his life - giving him the opportunity to quit his day job and start a company.  Kenny is passionate about helping others attain financial freedom through real estate investing. Kenny has been involved in over $675 million worth of commercial real estate transactions nationwide and is a principal in 5,032 units (7,088 units all-time). He holds a BBA from Baylor University and an MBA from the University of Texas at Arlington. Kenny currently resides in Plano, Texas with his wife, daughter, and son. When he’s not scouring the market for new deals, he enjoys discovering new vegan restaurants and rooting for the Broncos. Welcome, Kenny!Key Points From The Episode: Kenny’s background & success in real estate. Why Diversification of assets is very important.The type of deals Kenny’s company invests in and how they work.Crafting real estate investments for every type of individual looking to invest. Kenny’s analysis of the current real estate market.Turning office spaces into multifamily.How the shortage of living spaces is creating opportunities for real estate investors.What are office conversions and how Kenny plans on using them to grow his AUM to $1 Billion. Books Mentioned: Rich Dad Poor Dad by Robert KiyosakiInvesting in the Dream: How to Acquire Multifamily Real Estate and Attain Total Financial FreedomYour Quest to Financial Freedom: The Journey From Zero to Lifeling WealthCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of #RitterOnRealEstate we chat with Investor, Syndicator, Author, and Podcaster, Reed Goossens. Reed is an Australian real estate entrepreneur, investor, author, public speaker, and an all-around good bloke. Reed got his start in real estate investing back in 2012 when he moved to the US. Since then he has gone on to start two multifamily syndication investing firms which have been involved in the acquisition of over $680 million worth of US real estate to date. He also hosts the Investing in the U.S. Podcast, where he interviews top real estate investors to help educate entrepreneurs looking to break into the U.S. market. Welcome to the show, Reed! Key Points From The Episode: - Reed's background, Quitting his job in Australia backpacking through the US then getting a job in corporate America.- Discovering Rich Dad Poor Dad and learning that real estate was something he wanted to be a part of. -How and why partnerships are important when getting started in real estate. -The value of meetups.-Reed's first deal with his former partner.-Doing 8-10 deals before hiring his first employee.-How to create systems in multifamily real estate investing. -The Dos and don'ts of partnerships.-2 Lessons for solo real estate entrepreneurs. -How to develop a strong mindset. Books Mentioned: -Rich Dad Poor Dad by Robert Kiyosaki-Key Person Of Influence by Danial PriestleyCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we kick off season 2 with a slightly different type of episode. Today our guest is the Vice President of Investor Relations for Hudson Investing, Curtis Edwards.  Curtis has a diverse and global background in finance, marketing, consulting, and business development. An entrepreneur at heart, he’s launched and exited several successful businesses across various sectors including Food & Beverage, Distribution, Hospitality, and Residential and Commercial Real Estate. He uses his depth of knowledge learned from his unique journey to help you wherever you are in your investing journey. Welcome to the show, Curtis!Key Points From The Episode:Curtis' background in sales, marketing, and entrepreneurship working for and starting multiple businesses. Curtis' family background in real estate. Why Kent launched Hudson Investing. Kent's background in management consulting, single family.How to build a strong team and the importance of scaling Hudson Investing.Wanting to help others achieve financial freedom through real estate investing. Lessons Kent has learned over the years as a multifamily investor/syndicator.Understanding interest rates and the current economic landscape for investors. Upgrades/changes Hudson Investing made to better improve investor experience and returns in 2022. How to build better trust/relationships with investors. Interested in learning more about Hudson Investing? Click the link here: https://invest.hudsoninvesting.com/investnowCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today’s episode of Ritter On Real Estate, We chat with Lars Hedenborg. Lars is the host of the Real Estate Team Builders podcast and the Founder of Real Estate B-School. Real Estate B-school provides tools, systems, training, and coaching for top-producing real estate agents and team leaders looking to build profitable, sustainable, systems-driven businesses. Lars is also the best-selling author of “Scale or Die - Achieve True Freedom in Your Real Estate Business & Live Your Life Without Regrets”. Lars' career in real estate began in March 2007 when he left his corporate career in acquisitions and strategy. By the end of his first full year in real estate, he hustled to close 71 sides but was working 70+ hour weeks, leaving his family life to suffer. This motivated Lars to scale his real estate business so that it could run without him. Lars and his team have served over 5,000 families with their real estate needs. Now he's on a mission to help other top agents and team leaders achieve time and money freedom by scaling their businesses and building leveraged income through the eXp platform. Lars is a Jesus follower and is married to his much better half Julie, they have 2 kids Anders and Kendal that keep him on his toes and incredibly busy.Key Points From The Episode:Lars's background, why time management is so important.How Kent looks it in time management.Being honest with yourself about your managing your time.Balancing family wife Cindy.Determining what your core money-making activities are and figuring out how to only focus on those.Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Peter Powers. Peter has been with MPI Family Office since its inception. Peter serves as the Vice President of Acquisitions and Asset Management for MPI’s workforce housing portfolio, self-storage portfolio, and senior housing portfolio. As the head of MPI’s real estate efforts, Peter focuses on procuring real estate investment opportunities, managing MPI’s current portfolio of $600mm of real estate assets, and developing co-investment relationships. Since Peter joined MPI Family Office, he has helped pivot MPI’s investment focus towards affordable housing by developing a LIHTC investing platform and an adaptive reuse platform. These platforms make up $150mm of MPI’s total real estate portfolio. Peter has also worked alongside Peter Habib, a Principal Member of MPI Family Office, in the development of The Circle of Wealth network, which is the advisory arm of the family office. Before Peter joined MPI full-time, he was the Senior Analyst for MACC Venture Partners, a privately held real estate investment from, where he identified, researched, and underwrote multifamily assets. He also worked alongside the marketing team for Capstone Multifamily Group, the property management arm of MACC Venture Partners, where he helped assist team members with carrying out investment plans for particular assets. Welcome to the podcast, Peter! Key Points From The Episode: Peter's background working for MPI Family Office.Why learning by doing is the best way to gain experience.What MPI invests in. Why the wealthy invest in real estate.The importance of choosing the right deal sponsor.Key metrics/analytics Peter looks for in deals.Setting expectations & underwriting risks.The importance of being careful who you're partnering with.Books Mentioned:- Any book by Howard Marx, founder of Oaktree Advisors.- Dale Carnegie Books. Check us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio

On today's episode of Ritter On Real Estate, we chat with Veena Jetti. Veena Jetti (VEE-nuh JEH-tee) is the founding partner of Vive (rhymes with "five") Funds, a unique commercial real estate firm that specializes in curating conservative opportunities for investors. Veena brings a dynamic perspective to targeting, acquiring, managing, and operating assets using best practices combined with cutting-edge technologies. Her professional expertise includes driving corporate strategy and business development opportunities.After graduating from the University of Illinois at Chicago with a degree in Finance at 20 years old, she pursued her passion for real estate. Veena has over a decade of real estate experience and over $1B+ in real estate assets over her career in both the startup world as well as the corporate world. Because of her diverse background, she is often a panelist and speaker for various podcasts, global conferences, and radio shows.Aside from professional endeavors, Veena is a passionate philanthropist. She has founded and served on the board for a national non-profit organization. In 2017, she was one of only three women to receive the Politico Woman of the Year award for the significant amount of time and focus she spent on aiding in a grassroots Hurricane Harvey disaster response. She continues to be involved in helping companies and charitable organizations develop better disaster recovery protocols for future emergencies. She is a current lending team lead at kiva.org, an organization that specializes in helping entrepreneurs with micro-loans. Other organizations that Veena has a passion for include RIPmedicaldebt.org, local food banks, water.org, St. Jude's Hospital, Children's Hospital of Philadelphia, and Safe Mothers Safe Babies.Vive Funds is the vision of an investor-centric firm coupled with proven bestpractices coming together. The firm was established to create a space forinvestors to rely on carefully planned projects with client experience being atthe forefront of our mission. Any project with the Vive name on it can betrusted to have gone through our rigorous metric standards before approval.Welcome to the podcast, Veena! Key Points From The Episode: Veena's upbringing, being the daughter of two immigrants. Learning the power of real estate investing.How important the underwriting is in the deal. How different deal sponsors underwrite deals and how it can impact returns.Understanding IRR and setting expectations with investors.Risk-adjusted returns.Underwriting deals now vs 2 years ago...Scenario planning for deal sponsors.The rise of women investors! Books Mentioned: - The Millionaire Next Door by Thomas J StanleyCheck us out on socials: InstagramLinkedInYoutubehttps://hudsoninvesting.com/Production by Outlier Audio