As the "Seller's Market" of 2021 continues, it begs the question of how we got here in the first place, and where will the market go from here? Deals are in huge demand, often intense bidding wars, and the average rent in the country continues to grow month over month. Listen in to learn why the supply has become so tight and where the market is heading in the next 18 to 24 months, in my opinion. Key Takeaway: When the market is hot in demand, be prepared to evaluate more deals than an "average year". Putting in the time to view more assets then normal will increase your likelihood of winning a deal. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

REady2Scale - Real Estate Investing

S4 EP 216: Cheap Capital, Cheap Debt, Tight Supply: Where We Are Going From Here?

"It was my first job out of business school as a managing director and we went on a business trip together. He said to me, 'There's two types of mistakes when it comes to real estate investing. There's "type one" mistakes and there are "type two" mistakes. You can only make so many type two mistakes in your career before your career is over.' A type one mistake is a deal that you should have done, and you didn't. And you can make a million type one mistakes in your career. A type two mistake is a deal you shouldn't have done, and you did." When it comes to any business, mistakes are bound to occur. Human error can be anticipated in life, yet we can minimize them by learning from not only our mistakes, but from others. My guests this week are real estate investment veterans with over 30 years of experience here to reveal major do's & don'ts in this week's episodes. Listen in to learn tips on examining an underwriting process, distinctions between retail and multifamily investing mistakes, and how to remain disciplined and focused when trying to close a deal to avoid mishaps. Key Takeaway: Each person has their own risk vs reward appetite. Being aware of possible issues along the way before they happen can ensure that your big risk don't result in big defeat. How to Contact Spencer and Michael: Website: AdventuresinCRE.Com LinkedIn: @Michael Belasco and @Spencer Burton Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Production Credits Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Special Guests: Spencer Burton and Michael Belasco Learn more about your ad choices. Visit megaphone.fm/adchoices

S4 EP 215: Real Estate Analysis Pitfalls & How to Avoid Them with Michael Belasco & Spencer Burton

The Third Quarter of 2021 has come to a close, and the multifamily industry is still HOT. With close to 3% cap rates and competitive debt, multifamily remains stable with positive cash flow and strong occupancy. In addition, it's no secret historical record highs have also been surpassed in regards to increased rent rates. Listen in to learn more about how the multifamily industry performed this quarter, and why it remains competitive and strong. Note: This podcast was recorded before the National Eviction Moratorium was officially ended. Key Takeaway: Multifamily investing remains one of the most resilient investment vehicles historically, and Q3 of 2021 is no different. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

S4 EP 214: State of the Market Q3, 2021

"When I talk to people and I counsel them, they want to know about real estate investing. I say, 'The first thing you need to do is take a CCIM Course.' I'm their biggest cheerleader just because of the knowledge. It puts things into perspective for you." Real estate investing can be a catalyst for changing your life. Those who enter the realm choose to for various reasons. But, for my guest this week, the choice chose her. Arlene Duncan Post was thrown into the world of commercial real estate upon her husband's unexpected death. Instead of giving up, she rose to the occasion. Listen in on our all-new Season 4 Premiere of Ready 2 Scale to hear her inspiring story of growth and leadership, how to hurdle the learning curve for mixed-use development and other types of real estate investing, and predictions surrounding the market using trends and data as navigators. Most importantly, this episode will inspire you to be brave and boldly live an extraordinary life despite the challenges you can encounter along the way. Key Takeaway: When the going get's tough, keep going. Overcoming challenges is a part of life, and once embraced and conquered, your growth will be far further than you initially imagined. How to Contact Arlene: LinkedIn: Arlene Duncan Post Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Production Credits Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Special Guest: Arlene Duncan Post Learn more about your ad choices. Visit megaphone.fm/adchoices

~ALL NEW~ S4 EP 213: Pivoting through Crisis with Real Estate with Arlene Duncan Post

Today I am going to take you behind the scenes of my company, Blue Lake Capital. Becoming an entrepreneur is thrilling and challenging. Yet, taking risks can be intimidating. But without risk, there is little room to grow. A critical component of my success was committing to a "growth mindset". This means looking at challenges as a chance to grow, and failures as an opportunity to learn. Listen in to learn how this has helped me build an 8-Figure real estate business and why knowing how someone overcomes challenges is so important when you are evaluating who to partner with on your next real estate investment. Key Takeaway: Staying positive and driving forward through difficult situations will benefit you in the long run. Whether it's a lesson learned or an achievement accomplished, your future self will thank you for pushing through it and embracing continued growth. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 212: Blue Lake Capital, Behind the Scenes - How a Growth Mindset Helped Me Build My Business

"I've been successful because I've been able to identify individuals that know what they're doing, and I do business with them. I've realized as a general contractor that the turnover is very important. Quickly moving from one project to another is how I make my wealth." "Renovating" can be a scary word. Although known as a more high-risk investment strategy, renovating properties can actually be highly profitable with the right knowledge of the industry, and a full tool kit of tips and tricks on how to keep a project on track. My guest this week, Van Sturgeon, is not new to the renovation game, as his first exposure to property management and renovation came through his family's ownership of a property during his childhood. Listen in to learn his diversification process, advice on renovating more efficiently and effectively, and different strategies to lead your next renovation to success. Key Takeaway: In a project that requires outside contracting, be sure to do your research before signing. Being particular in who you do business with will make or break your renovation. How to Contact Van: Website: www.VanSturgeon.com Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Production Credits Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Special Guest: Van Sturgeon Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 211: Renovating Properties & the Power of an Abundant Mindset with Van Sturgeon

If you're involved in real estate investing, you have probably heard the phrase, "Cash Flow is King" or "Location, location, location." In 2021, however, there's more to add to the equation. Even though the eviction moratorium has ended on a federal level, many local and state levels still have the moratorium implemented as we continue to navigate through this "pandemic cycle". In my opinion, while a great location can improve the success of a property, it is the strength of the tenant base and the collection rate that really matters most at this point. Listen in to learn why a high collection rate and a strong tenant base are critical for a profitable investment, and what to look closely at when evaluating your next investment opportunity. Key Takeaway: Times have changed. To maximize your next investment, consider closely the tenant base, as well as the track record of the syndicator throughout the pandemic, to evaluate if your next opportunity will be cash flowing and successful. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 210: In a "Pandemic Cycle", Tenant Base is King

"When I started I had 3,000 bucks. I didn't have hardly anything. While that wasn't easy, I basically had to be very meticulous about everything. I couldn't afford to make a whole lot of mistakes. But it is very possible to start with a small amount. Just understand you don't have much margin for error." Investing doesn't have to be complicated; it's not rocket science. Diversification of assets is a great way to ensure that your investments remain cash flowing and successful. It also doesn't necessarily require over-extending yourself or taking on debt, but rather building step-by-step. This week's guest, Seth Williams, explains how raw land is an opportunity that many investors can overlook. Listen in to learn how he got started investing in land, his insights for investing smarter and not harder, and how debt fits into the equation of wealth building. Key Takeaway: Don't wait to start investing based on what others believe is feasible. By learning new investment strategies, your road to investing could begin tomorrow. How to Contact Seth: www.ReTipster.Com Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Production Credits Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Special Guest: Seth Williams Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 209: From Raw to Riches: Building Wealth Through Raw Land with Seth Williams

If you are an investor or are looking to invest in the near future, understanding distinctions between similar or common phrases are critical. A difference in the preposition used can greatly impact the returns you see from an asset during a particular investment period. For example, return "on" capital and return "of" capital are commonly misused interchangeably when they actually produce very different outcomes for your returns. Listen in to understand the difference between these two phrases, how each will impact the returns on your investment, and what the right situation is to favor one or the other. Key Takeaway: Always be sure to clarify with your syndicator if you have confusion regarding a document's verbiage or real estate vernacular. There's no such thing as asking too many questions. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 208: Capital Returns: What Investors Need to Know

"From a fundamental perspective, the first thing is that farmland grows food. Even if there is an economic downtrend, people don't just stop eating. So, you basically, truly, have 100% occupancy on farmland. And the interesting thing here is that there are 2.7 trillion dollars of farmland in the U.S." When it comes to real estate investing, there are many different vehicles that come to mind. One such asset that is seemingly underutilized is investing in farmland. My guest this week, Craig Wichner, founder of Farmland LP, offers a new and unique perspective on farmland investing. In this podcast, we will discuss the benefits of investing in farmland, the process of evaluating potential land, and how the exit strategy looks for this unique investment strategy. Key Takeaway: When it comes to real estate investing, diversification is the name of the game. Don't shy away from investment opportunities that are unfamiliar, as they may surprise you with success. How to Contact Craig: Website: www.FarmlandLP.com Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Production Credits Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Special Guest: Craig Wichner Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 207: How to Turn Farmland into a Cash Flowing Investment with Craig Wichner

It's no secret that the single-family market is booming right now. Home values are appreciating in almost every market in the United States at a rate that we haven't seen before, with the average home being up $33,000 in value. As the single-family market continues to strongly perform, how does it impact the multifamily investing arena? Watch along to learn why the single-family market is having such success, and how it is actually a benefit for multifamily investors! Key Takeaway: Monitoring competitive assets and trends is an important part of being a well-rounded investor or syndicator and can help sharpen your investment strategy. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 206: How the Single Family Market Impacts Multifamily Investing

"To me, if you're a risk adverse person, I tend to go with the mindset that every piece of real estate that I buy needs to be cash flowing when I buy it with the financing that's in place. If you're a flipper or somebody buying with an equity upside play, I can appreciate and respect all that. But going into this uncharted, unprecedented environment, I'm personally not willing to take the risk of an upside rental potential." Everyone has their own risk tolerance. While some investors look for higher risk options that return higher rewards, others turn to more conservative investments that have reduced risk, but lower or slower rewards. Especially in a real estate market performing like we've never witnessed before, it is essential to be aware of potential risks that come with investing. This week, my guest Chris Naghibi and I discuss which asset classes have been the most resilient during the pandemic, strategies to mitigate risks, and the balance between risk taking and remaining conservative. Key Takeaway: Before investing in an asset, risk evaluation should be a main consideration to ensure you're adhering to your risk tolerance and investing criteria. How To Contact Chris Naghibi: Website: Social Media: @ChrisNaghibi Production Credits: Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Featured Guest: Chris Naghibi Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 205: Managing Investment Risk with Chris Naghibi

In the early days of the pandemic when there was so much still unknown, interest rates were lowered by the government to combat a potential market collapse. Now in July of 2021, as construction is returning and the real estate market remains strong, interest rates remain low. However, with the market performing so strongly, it begs the question if we are currently in or heading towards a real estate bubble. While I am not a financial expert, my role as a syndicator and my exposure to the real estate industry leads me to believe that we are not. In this episode, I will dive deeper into what a real estate bubble is, how it occurs, and three reasons why I believe that we will not be seeing a real estate market burst any time soon.  Key Takeaways: It’s nearly impossible to know exactly where the market is heading, but using past and present indicators can help give the best predictions of future outcomes. Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.ellieperlman.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 204: Are We In a Real Estate Bubble?

“The sort of returns we’ve been seeing in stocks over the years, they’re just not sustainable. I think it’s really important that when you run a retirement calculator and look at, 'How much money is this money that I’m investing, and that I’m saving, going to produce for me?'. You should not be putting the sort of returns that we’ve been seeing lately into that calculator. Be conservative. Like 7% or 8%, and some people even think that’s too high. Just make sure that you’re doing the real work of saving enough." Today's powerhouse guest is Jean Chatzky! We discuss how it can be intimidating to some trying to save for retirement or for a large purchase, like an investment. It can seem overwhelming to tackle your goals all at once. Common questions include: "Where do I start, how can I let my money accumulate for me, and what should my investment criteria be?" Listen in to learn how Jean has been able to automate her wealth creation, what steps she took in making her money work for her, and how you can too. Key Takeaways: Let your money work for you. By being strategic with your funds, you can grow your savings, invest for cash flow, and build wealth with patience. How To Contact Jean Chatzky: Website: www.HerMoney.com Social Media: @JeanChatzky Production Credits: Featuring: Ellie Perlman Strategy: Jeannette Robinson Digital Editing: Brenna Shelton Audio Editing: WEP (We Edit Podcasts) Featured Guest: Jean Chatzky Learn more about your ad choices. Visit megaphone.fm/adchoices

S3 EP 203: How to Automate Wealth Creation with Jean Chatzky

Ellie Perlman, a real estate investor, brings you REady2Scale! Now into the 2nd season, this show highlights 3 key areas of being successful in real estate investing: assets, process, and strategies. Listen along to learn all the approaches you can take to expand your portfolio, maximize your ROI, create new streams of passive income, and grow your own business and wealth.

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REady2Scale - Real Estate Investing

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