09:06:48 From SK Yu to Everyone: We are on a well system, so if the power goes out, no water either... on to the generator! 09:09:42 From K Trevor Thompson to Everyone: K. Trevor Thompson / Austin TX KTT@Niagara-investmetns.com www.niagara-investments.com https://www.linkedin.com/in/ktrevorthompson/ Looking to be GP/Asset Manager/Boots on Ground in TX. 09:10:25 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 09:11:49 From Valma Callaway to Everyone: Excellent! Still have questions on Estimated Future Economic Analysis. 09:12:54 From Tyler Patterson to Everyone: Write that question down Valma and we will get them cleared up 09:13:06 From Wanda Carter to Everyone: Your substance was impressive and especially since it was free! The networking is great! 09:14:30 From sangsoo cho to Everyone: https://hihello.me/p/a229c85f-f1a6-4ac8-8070-ceeb98d4f3ca 09:14:34 From markgross@costsegregationservices.com to Everyone: Mark Gross CSSI Cost Segregation Services Inc 630-329-9801 markgross@costsegregationservices.com www.CSSISTUDY.com 09:14:41 From brandon jenkins to Everyone: Good morning all! 09:14:55 From ZACH FURR to Everyone: ZACH FURR - Cell: 775-433-3190 - Email: zachfurr100@gmail.com - LinkedIn: https://www.linkedin.com/in/zachfurr/ - Facebook: https://www.facebook.com/zachfurr500/ - Twitter: https://twitter.com/ZACHFURR500 09:15:22 From Tyler Patterson to Everyone: Good morning Brandon! 09:16:35 From Capt Lagrange to Everyone: That's legendary 09:17:15 From Tyler Patterson to Everyone: Wow! Stony you are incredible! 09:17:41 From Shilpa to Everyone: Yes, very impressive!! 09:19:50 From Capt Lagrange to Everyone: true one 09:20:43 From James Varisco to Everyone: Very True, Trevor 09:21:35 From Carolyn to Everyone: Hello everyone I missed the first class both my kids tested positive with covid. But I'm here today to learn 09:23:00 From Jim Pagano Jr. to Everyone: do lifetime members get recording too from yesterday? 09:23:03 From Roger I Parker to Everyone: Roger Parker Contact Info www.linkedin.com/in/rogerparker2 203-858-8780 (Mobile) Email investorspropertygroup@gmail.com 09:23:52 From Carolyn to Everyone: Thanks they are recovering they were both vaccinated so it's not to bad headaches and a yucky cough 09:23:54 From Tyler Patterson to Everyone: They sure do Jim. Will be in the members area 09:24:06 From Harry Samby to Everyone: Is anyone from Canada attending this webinar? 09:24:10 From Jim Pagano Jr. to Everyone: ok thks 09:24:22 From K Trevor Thompson to Everyone: I am Canadian living in USA 09:24:49 From Carolyn to Everyone: I'm in Kansas City Mo 09:25:09 From Sunny Sethi to Everyone: Seattle here - it's early. Good Morning! Any one else here from WA / PNW? 09:25:45 From Tim to Everyone: Tim Welting Atlanta, Georgia tim@jubileegroupcapital.com 770-596-7673 https://www.linkedin.com/in/timwelting/ Looking for GP opportunities 100 doors in emerging markets for 2022 Available for Sweat Equity: Physical Due Diligence/Boots on the Ground in the Atlanta area. Underwriting. Currently a project manager under a mentor that went from 0-2500 doors since 2016 09:29:08 From Jennifer McCracken to Everyone: Jennifer McCracken | https://www.linkedin.com/in/jdmccracken | 312-863-1980 | calendly.com/jdmccracken | Currently in Michigan. I am looking for a multifamily opportunity in TN/SC/NC. I have owned, rehabbed & managed my own single family homes, 3-unit buildings in Chicago & multifamily portfolio in Ohio. I also have a background in marketing can help with lending presentations, loan packages, branding, event planning… and can be boots on the ground… how can I help? 09:30:49 From Michael to Everyone: It will get paid out of the reversion 09:36:19 From Walker to Everyone: Walker Dugan workwithwalker@gmail.com. 302-365-0710 Experienced in residential, most recently wholesaling. Marketing off market opportunities In DE/PA/MD/NJ. Currently preparing to purchase 20 plus single family cash flowing rentals from one seller. Would like to connect with anyone that would like to discuss this and other opportunities. 09:37:34 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 09:37:55 From ZACH FURR to Everyone: 8 Different Investment Software for Multifamily Syndication -- https://apartmentinvestorpro.com/8-best-real-estate-investor-software-for-multifamily-syndication/ 09:38:23 From Albrey Grimsley to Everyone: Grand Rising. I hope everyone is enjoying their day Albrey Grimsley Direct: +1 (305) 807-5379 LinkedIn: www.linkedin.com/in/albreyg I am an active and passive investor in Multifamily, Self-Storage and Parking Garages. I will be attending the following event(s) and love meeting phenomenal individuals so, lets connect if you will be present. Regardless, I would like to schedule a virtual or phone value connection. Event Details: Multifamily Peak Partnership Fri April 8th and Sat April 9th Las Vegas at the Paris Hotel Event Information https://MFMpeakpartnership.com?ref=albrey75 Hotel Information https://book.passkey.com/gt/218337489?gtid=197e171123fc8a01e482700c25c8b42&mobile=true&dw=353 09:38:23 From Shilpa to Everyone: Thanks Zach! 09:38:34 From Michael to Everyone: Wouldn’t it depend on if it’s classified as a return “on” or a return “of” your capital. 09:40:34 From brandon jenkins to Everyone: Brandon Jenkins here. Based out of the DC area. Currently an LP in +1,300 units throughout the Sun Belt. Looking to co-GP 2 deals in 2022. Let's connect! https://calendly.com/birch-prosper brandon.jenkins@birchprosper.com https://www.linkedin.com/in/brandon-e-jenkins/ 09:42:01 From K Trevor Thompson to Everyone: I would like to invite you to our zoom meetup this Thursday 20th @ 7:30 PM. Talking about what "NOT" to do as a Passive Investor with James Kandasamy bestselling author Passive Investing in Commercial Real Estate sign up link https://us02web.zoom.us/meeting/register/tZwtcu6srzIrEtUbk7Tj2GktOgS_qyjMQo0N 09:43:01 From James Varisco to Everyone: Thanks Trevor 09:44:02 From Tyler Patterson to Everyone: david@davidmonroeccim.com 09:45:20 From Neil to Everyone: Neil Kalinoski, Atlanta 952-451-4104 realpropwealth@gmail.com www.linkedin.com/in/neilkal Looking to GP/JV in the Atlanta MSA and surrounding secondary markets. GP on larger deals and JV on smaller deals. Would like to help as a Strategic Partner nationally. Feel free to reach out. 10:11:40 From Zach Posey to Everyone: Zach Posey zposey67@gmail.com 312-970-1714 10:11:57 From Rob Grier to Everyone: Rob Grier 10:12:55 From Rob Grier to Everyone: Rob Grier 704-900-7600 RGrier@ProvidenceCommercial.com LinkedIn: https://www.linkedin.com/in/robgrier/ 10:13:23 From Carrillo, Cristian to Everyone: Would love to connect with everyone! Cristian Carrillo (703) 599-9839 https://www.linkedin.com/in/carrillo-cristian crcarrillo@quetzalcapitalgroup.com quetzalcapitalgroup.com 10:14:07 From Dianne Stine to Everyone: Dianne Stine Nashville TN 16 years CRE investor retail strip mall, self storage, Airbnb all self managed. Still own the retail center. Currently LP in two MF syndication deals. Looking for deal flow in top 11 US markets. diannestine@gmail calendly.com/diannestine 10:14:45 From markgross@costsegregationservices.com to Everyone: Mark Gross CSSI Cost Segregation Services Inc 630-329-9801 markgross@costsegregationservices.com www.CSSISTUDY.com 10:14:52 From ZACH FURR to Everyone: ZACH FURR zachfurr100@gmail.com Cell: 775-433-3190 LinkedIn: https://www.linkedin.com/in/zachfurr/ Facebook: https://www.facebook.com/zachfurr500/ Twitter: https://twitter.com/ZACHFURR500 10:15:04 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 10:16:05 From Gwen Pipatanangkura to Everyone: Gwen Pipatanangkura Phoenix, AZ 602.358.1565 propertysolutions168@outlook.com https://www.linkedin.com/in/gwen-pipatanangkura-5b98801b5/ 10:19:29 From Joshua Jones to Everyone: I am new to MF, determining if buy and hold vs. syndication is best strategy for my long-term goals. Let’s Connect! Joshua Jones - Phoenix, AZ joshuajonesnow@gmail.com IG - @iamjoshuajones 602-844-6060 10:21:38 From Capt Lagrange to Everyone: that why is super important 10:30:45 From Nick Wilson to Everyone: Nick Wilson Albuquerque, NM 505-573-2996 wilson.nick@comcast.net Interested in AZ, NM, TX, CO markets Looking to JV, co GP and LP 20 years experience in SFH, long/short term rentals, remodels. Licensed residential agent 14 years. Reach out, lets partner up and help each other out. 10:35:37 From Capt Lagrange to Everyone: income approach 10:35:47 From Capt Lagrange to Everyone: CMAs are usually done for residential 10:44:13 From Wanda Carter to Everyone: What is "agency debt?" 10:44:24 From Robert Krzyzak to Everyone: Freddie and Fannie 10:45:05 From Wanda Carter to Everyone: Thanks, Robert. 10:45:59 From Wanda Carter to Everyone: Wanda Carter wilson.nick@comcast.net Interested in AZ, NM, TX, CO markets Looking to JV, co GP and LP 20 years experience in SFH, long/short term rentals, remodels. Licensed residential agent 14 years. Reach out, lets partner up and help each other out. 10:49:31 From Wanda Carter to Everyone: Hi Everybody: Pls disregard the msg I accidentally sent. I was trying to use Nick's msg as a template. 10:52:16 From brandon jenkins to Everyone: The details are very much appreciated. We're here to get in the weeds. 10:53:19 From Sidra and Masood Majeed to Everyone: I don't know if it has just happened with me or what, 10:53:28 From Chad Gilbreth to Everyone: Based on market rent rates, what some units could be renting for, and the loss of income when you compare what they're actually renting for? 10:53:48 From S Gervin Nyemah to Everyone: Greetings fellow participants 10:54:18 From Sidra and Masood Majeed to Everyone: but tax accessors say property taxes are assessed based on income produced by property 10:55:02 From S Gervin Nyemah to Everyone: We are open to co-GP/KP on deals that are one hundred units and below. We do not syndicate on those deals. We use our unique approach to provide equity on those deals 10:56:07 From S Gervin Nyemah to Everyone: On another note, we love to work with wholesalers in any location. 10:57:39 From Capt Lagrange to Everyone: can you go to the white board? 10:59:38 From Jennifer McCracken to Everyone: switch screens 11:00:43 From Capt Lagrange to Everyone: 1/6=0.17 11:01:23 From Capt Lagrange to Everyone: 200k/1M=0.2 11:01:56 From Capt Lagrange to Everyone: 500k/6M=.083 11:02:06 From Capt Lagrange to Everyone: 833,333 11:03:21 From Capt Lagrange to Everyone: 10M-833,333=9167000 11:05:52 From Capt Lagrange to Everyone: kinda 11:06:48 From S Gervin Nyemah to Everyone: We need to develop these formula and make them available to the community. 11:07:21 From Capt Lagrange to Everyone: yea like a quick input excel macro 11:08:31 From S Gervin Nyemah to Everyone: These days, computer and basic applications have limited folks ability to do basis mathemtics 11:08:55 From Capt Lagrange to Everyone: what is non-income? like income from amenities? 11:10:03 From Capt Lagrange to Everyone: got it 11:10:33 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 11:11:59 From Jim Pagano Jr. to Everyone: Laundry , gararges , and storage are cnstant? 11:12:00 From Carlos Piedrahita to Everyone: Something similar to that affect happened in CAL, where people were being charged large amounts for application fees 11:13:04 From Roger I Parker to Everyone: Roger Parker Contact info linkedin.com/in/rogerparker2 203-858-8780 (Mobile) Email investorspropertygroup@gmail.com 11:13:15 From Wanda Carter to Everyone: Wanda Carter 11:13:31 From Wanda Carter to Everyone: (850) 321-7280 11:15:20 From Wanda Carter to Everyone: Wanda Carter (850) 321-7280 realestatepro2008@gmail.com FL Residential Sales Realtor since 2008 11:15:38 From S Gervin Nyemah to Everyone: Gervin Contact: snyemah@gdpcapitaladvisors.com/240.690.1637 11:16:57 From Capt Lagrange to Everyone: I am assuming there is a list of capital expenditures on the membership side 11:22:22 From david quezada to Everyone: How are you calculating reserves to the capital account? 11:24:38 From Carlos Piedrahita to Everyone: Happens all the time for small deals 11:26:11 From Carlos Piedrahita to Everyone: Many small building wholesellers use that napkin math P&L 11:31:37 From Capt Lagrange to Everyone: yes please! 11:33:55 From Tyler Patterson to Everyone: Dm me for T12 11:35:19 From Carlos Piedrahita to Everyone: :Stessa" great tool for property financials, great UI, great for smaller building operators 11:35:37 From Carlos Piedrahita to Everyone: * "Stessa" 11:36:07 From Tyler Patterson to Everyone: Send your emails as well if you want the T12 template 11:37:22 From ZACH FURR to Everyone: To Tyler Patterson -- zachfurr100@gmail.com 11:39:31 From Carlos Piedrahita to Everyone: Please email me the template as well. 11:39:43 From Carlos Piedrahita to Everyone: piedrahita18@gmail.com 11:40:27 From K Trevor Thompson to Everyone: Template please KTTProperties@gmail.com 11:40:42 From Vernon R to Everyone: Please email me the template as well. Vernon@LeasingToBuy.com Thanks 11:41:07 From Vessi Kapoulian to Everyone: Template please: vessi@thevessik.com 11:42:01 From Chuck Rubin to David Monroe, CCIM(Direct Message): Template please to Bemlyholdings@gmail.com. Thanks very much 11:42:39 From ZACH FURR to Everyone: David, what are your thoughts on the "Rule of Thumb" of Expenses being 50% of Income? 11:42:48 From Carlos Piedrahita to Everyone: These rent rolls also help you find the "Economic Occupancy" 11:46:49 From ZACH FURR to Everyone: Thank you David and Tyler. 11:47:41 From Tyler Patterson to Everyone: You welcome Zach 11:53:45 From Capt Lagrange to Everyone: I like it David. stand strong on your ethics 11:55:30 From Deepti to Everyone: Please email the T12 template to sunmk13@gmail.com 11:56:16 From Capt Lagrange to Everyone: agreed 11:58:01 From ZACH FURR to Everyone: If you are going to sale the property in 5 to 7 years, would you "Leave Some Meat on The Bone" / CAPEX for the next buyer? 11:58:06 From Gwen Pipatanangkura to Everyone: T12 Template please email to propertysolutions168@outlook.com 11:58:49 From Dianne Stine to David Monroe, CCIM(Direct Message): I’d like a copy of the T12 template please diannestine @ gmail 12:04:29 From Shilpa Rayakota to Everyone: Phoenix 12:16:31 From Sonia R to Everyone: That's what Trevor Thompson does. He's also the Asset Manager on the deals. 12:16:54 From Sonia R to Everyone: Very Professional 12:17:20 From Tim Welting to Everyone: By walking rent comp, so you mean go into the rental comps and pretend to be a renter and look at units in person and their rents? 12:17:46 From Cedric M to Everyone: Tim Welting, Yes 12:18:00 From Sunny Sethi to Everyone: Good question, Tim. 12:18:16 From Carlos Piedrahita to Everyone: You could also just say that you are a local buyer or broker walking properties 12:18:53 From Sunny Sethi to Everyone: Carlos, would they show you units, if you said that? 12:21:13 From Carlos Piedrahita to Everyone: Remember some times these will just be employees that will show you around as in leasing agents or property managers 12:22:31 From Matthew Candler to Everyone: I have also sent friends and family to the property to shop them. We coached them on what they needed to ask and look for. 12:23:42 From Carlos Piedrahita to Everyone: per unit 12:23:42 From Matthew Candler to Everyone: Per room typical 12:23:43 From Kusuma Jilla to Everyone: Sq foot 12:23:55 From Matthew Candler to Everyone: But you should keep both in mind 12:23:57 From Carlos Piedrahita to Everyone: unit mix can make a difference 12:24:19 From david quezada to Everyone: man would love to have access to costar but that monthly is salty, does anyone n 12:24:33 From david quezada to Everyone: can be shared 12:27:35 From Cedric M to Everyone: David Quezada I recently heard that you can with up to 2 people. Someone I know is reaching out to Costar to confirm 12:28:08 From Carlos Piedrahita to Everyone: When creating the projected sale price in whatever year of the project shown on the model. Would you only use projected operating expense growth and growth percentage to come up with projected sale based off the projected sale year NOI? 12:28:17 From Carlos Piedrahita to Everyone: In regards to rent bump assumptions 12:29:43 From Michael to Everyone: Lender 12:30:26 From Scott Stamps to Everyone: Gotta turn units. 12:31:35 From Scott Stamps to Everyone: And have time to renovate , take applications and rent units to new tenants. Takes time and increases vacancy potentially for years 12:42:06 From Matthew Candler to Everyone: Consumer price index 12:42:52 From Capt Lagrange to Everyone: lies 12:43:21 From Capt Lagrange to Everyone: unjustified 12:43:24 From Matthew Candler to Everyone: In Costar can you pull forecasted rent growth rates? 12:45:49 From Tim Welting to Everyone: we are underwriting conservatively... so in an inflationary period use the higher number... if you buy the deal and its lower you win... if you go with average and it goes over for the next five years you lose 12:46:02 From James Varisco to Everyone: https://tradingeconomics.com/united-states/inflation-cpi 12:46:54 From Michael to Everyone: You don’t have to model your entire DCF with the same percentage for each year. 12:47:39 From Joseph E to Everyone: I recently used 3% rent growth and 5% expense growth 12:47:41 From Morgan Henry- Dallas, Tx to Everyone: thank you james 12:48:36 From Carlos Piedrahita to Everyone: How would you justify your exact cap? based on Data 12:50:25 From Harry Samby to Everyone: Check this out on inflation ; https://www.linkedin.com/pulse/real-cost-inflation-how-you-can-protect-your-money-investing-samby/?trackingId=5GAoUQyMTSyQQ4zWpvej8Q%3D%3D 12:54:38 From Sreedhar Aitha to Everyone: going in cap + 50 basis point 12:57:42 From Kartik N to Everyone: Where can I get latest market cap rate? 12:58:29 From david quezada to Everyone: do you recommend using a national lender for this info or local lenders? 13:03:42 From Shilpa to Everyone: Many "experts" say don't try to time the market, so it's confusing on what to do 13:04:06 From Capt Lagrange to Everyone: Institutions area in major cities 13:04:23 From Capt Lagrange to Everyone: Institutions are in major cities. 13:07:55 From Michael to Everyone: Also depends on where your market is in the cycle and the supply/demand data 13:12:17 From Capt Lagrange to Everyone: yes 13:12:22 From Capt Lagrange to Everyone: white board! 13:12:34 From Capt Lagrange to Everyone: or excel sheet lol 13:15:42 From Capt Lagrange to Everyone: yes 13:16:27 From Joseph E to Everyone: where can I get this calculator/tool 13:18:11 From Michael to Everyone: What may seem as overpaying for a property by some may be “buying right” due to the differences in everyone’s discount rates and their cost of capital. 13:19:37 From Jim Pagano Jr. to Everyone: can we go back to last slide again 13:21:22 From Jim Pagano Jr. to Everyone: thank you tyler 13:21:44 From Tyler Patterson to Everyone: My pleasure Jim 13:23:47 From Matthew Candler to Everyone: Justin Kivel 13:24:23 From Carlos Piedrahita to Everyone: Justin Kivel 13:24:29 From Carlos Piedrahita to Everyone: great vidoes 13:24:44 From ZACH FURR to Everyone: https://www.youtube.com/c/BreakIntoCRE 13:24:46 From Carlos Piedrahita to Everyone: Had great one based on low cap rate enviornments 13:24:52 From Matthew Candler to Everyone: I took his courses and that's what got me the skills I needed to become an underwriting analyst 13:24:57 From Tyler Patterson to Everyone: Thanks Zach 13:25:12 From Capt Lagrange to Everyone: https://www.youtube.com/watch?v=UcMYCHyrWko 13:25:18 From ZACH FURR to Everyone: You're welcome 14:21:32 From David Monroe, CCIM to Tyler Patterson(Direct Message): I'm here 14:22:02 From Tyler Patterson to David Monroe, CCIM(Direct Message): I as well captin 14:33:12 From ZACH FURR to Everyone: ZACH FURR Email: zachfurr100@gmail.com Cell: 775-433-3190 LinkedIn: https://www.linkedin.com/in/zachfurr/ Facebook: https://www.facebook.com/zachfurr500/ Twitter: https://twitter.com/ZACHFURR500 14:33:45 From K Trevor Thompson to Everyone: K. Trevor Thompson / Austin TX KTT@Niagara-investmetns.com www.niagara-investments.com https://www.linkedin.com/in/ktrevorthompson/ Looking to be GP/Asset Manager/Boots on Ground in TX. 14:35:22 From Michael Guilbert to Everyone: Michael Guilbert 858-254-1886 mguilbert@investmentrealtybrokers.com https://www.linkedin.com/in/michaelguilbert/ Charlotte, NC Hello all, I would be interested in working with an individual or a small team. For a piece of the deals. I can bring to the table underwriting, market research, and due diligence expertise. I have a national CoStar account and a STDB (Site to Do Business) account. As far as my background, I am a CCIM candidate (just need to find time to take my final exam), and I have a masters degree from the University of Denver in real estate and construction management with a concentration in commercial investment analysis. I have a brokerage firm in North Carolina and I also do off-market acquisitions nationwide for a few private equity firms. If this might be a something of interest, feel free to reach out to me. Thanks 14:35:34 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 14:35:40 From Capt Lagrange to Everyone: RAISEMASTERS! 14:37:26 From Roger I Parker to Everyone: Roger Parker Contact Info linkedin.com/in/rogerparker2 203-858-8780 (Mobile) Email investorspropertygroup@gmail.com 14:37:31 From markgross@costsegregationservices.com to Everyone: Mark Gross CSSI Cost Segregation Services Inc 630-329-9801 markgross@costsegregationservices.com www.CSSISTUDY.com 14:38:20 From Joseph E to Everyone: sjamesapts@gmail.com https://www.linkedin.com/in/joseph-edelstein-a4475215b/ 14:40:05 From Jim Pagano Jr. to Everyone: Jim Pagano info@jeprealestateinc.com 215-815-9169 looking to buy Value Add opportunities in Tampa Bay Fla areas and counties plus in Carolinas. 14:40:11 From Srini to Everyone: S&P 500: 28% 14:40:13 From Cedric M to Everyone: Cedric Marlow Markets: AR, AL, OH, KY (Louisville/Lexington) 267-624-7050 https://cobbscreekcapital.us/ cedric@cobbscreekcapital.us https://calendly.com/cedlow https://www.linkedin.com/in/cedric-marlow-630180126/ I'm looking to build tactical partnerships with active, established syndicators, sponsors, and key principals where I bring value of market analysis, investor relationship, and identification of emerging markets, broker relationship, a firm grasp in due diligence and underwriting, assisting in capital raising. 14:41:45 From ZACH FURR to Everyone: The S&P 500 gained 26.9% for the year. The Dow Jones Industrial Average (DJIA) gained 18.7% in 2021, while the Nasdaq Composite gained 21.4%. 14:42:54 From Capt Lagrange to Everyone: truth 14:45:56 From Capt Lagrange to Everyone: lol 14:46:19 From Tim Welting to Everyone: Orange is beautiful: Go Clemson Tigers!!!! 14:50:12 From Robert Krzyzak to Everyone: You can show your account balance 14:51:08 From Sonia R to Everyone: Vanguard, Schwab accounts. 14:51:23 From Sonia R to Everyone: Fisher Investments 14:51:58 From Robert Krzyzak to Everyone: Sunny- I have an investment portal I can log onto that shows my invested capital. 14:52:03 From Kartik N to Everyone: Will K1 not suffice? 14:52:03 From Robert Krzyzak to Everyone: I show all those investment screenshots. 14:53:00 From ZACH FURR to Everyone: Accredited Investor Verification - https://www.verifyinvestor.com/ 14:53:36 From Deepti to Everyone: Robert, Does it matter that we have claimed K1 loss against that investment for the net worth calculation 14:53:48 From Robert Krzyzak to Everyone: No, that's just a tax number 14:54:01 From Robert Krzyzak to Everyone: After the first year my CPA said I should be able to step up the basis too. 14:54:21 From Deepti to Everyone: Ok thank you 14:56:49 From SK Yu to Everyone: You lawyer or CPA can also provide to 3rd parties that you are documented as accredited - these expire after 90 days 14:57:45 From Jim Pagano Jr. to Everyone: thats what I thought why I brought this up .... 15:00:58 From Srini to Everyone: Haven’t used it myself, but another website I heard for accreditation verification. it’s free. https://parallelmarkets.com/get-accredited/ 15:04:38 From Capt Lagrange to Everyone: yea me too more 506c 15:05:22 From David Monroe, CCIM to Everyone: https://www.sec.gov/smallbusiness/exemptofferings/rule506b https://www.sec.gov/smallbusiness/exemptofferings/rule506c 15:10:02 From Ravi Rao to Everyone: What is the option for non sophisticated and non accredited investors who have a desire to be passive investors? 15:10:27 From Tyler Patterson to Everyone: That's coming up Ravi 15:17:39 From Capt Lagrange to Everyone: Is Regulation CF expensive? 15:17:47 From Capt Lagrange to Everyone: yea that Howie case is interesting 15:22:50 From ZACH FURR to Everyone: Fully Subscribed. 15:35:49 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 15:38:02 From Sudheer Basu to Everyone: Sudheer Basu(Atlanta) LP in 7 multifamily deals, Residential Real estate agent ( 8 years), Looking to partner for syndication and JV on deals below 50 units. sudheer@sudheerhomes.com 404-488-6271 15:41:15 From Vessi Kapoulian to Everyone: Are we covering JV/GP splits? If not, it would be interesting to hear what the typical splits are. 15:42:07 From Sidra and Masood Majeed to Everyone: sponsor 15:42:08 From Capt Lagrange to Everyone: anywhere 15:42:25 From Capt Lagrange to Everyone: anywhere but the investors 15:48:21 From Sonia R to Everyone: They have to do more than just be capital raisers if they are on the GP team? Is that correct? 15:49:23 From Sidra and Masood Majeed to Everyone: 50000 15:49:29 From Capt Lagrange to Everyone: majority split 15:56:29 From Sidra and Masood Majeed to Everyone: Is private equity comparable to a bridge loan? 15:57:34 From Sidra and Masood Majeed to Everyone: Thanks 15:58:48 From ZACH FURR to Everyone: What if you have more money than you need due to the fact that your CAPEX is lower than anticipated, what do you do with extra money? 16:05:53 From ZACH FURR to Everyone: Investment Bankers 16:09:03 From SK Yu to Everyone: personal property or moeable property 16:09:15 From Michael Guilbert to Everyone: Fixtures 16:09:17 From SK Yu to Everyone: moveable 16:11:23 From SK Yu to Everyone: 25% 16:13:11 From Capt Lagrange to Everyone: no 16:14:03 From Sunny Sethi to Everyone: Just curious, which guru? Sorry, not trying to stir things up - just making sure I steer clear. If someone can DM me a link or name, that would be great. 16:15:16 From Chad Gilbreth to Everyone: really strict qualifications to qualify and doesn't include reviewing and analyzing deals. 16:15:26 From Chad Gilbreth to Everyone: the time spent* 16:15:30 From Chad Gilbreth to Everyone: 760 I think? 16:17:32 From Sunny Sethi to Everyone: wasn't me 16:19:41 From Prasad Jakka to Everyone: Hello, this is Prasad Jakka. Apartment syndicator in WA, AZ, and south eastern markets. I’m based out of Seattle. I’m looking to form partnerships with fellow syndicators and investors looking for passive investment opportunities. Feel free to reach out to me at jgsprasad.rea@gmail.com / 206 4887358 16:27:08 From Valma Callaway to Everyone: Thank you. A great amount learned today. Have a good evening. 16:33:06 From K Trevor Thompson to Everyone: Your network is your net worth let’s connect KTT@Niagara-investmetns.com 16:33:54 From Srini to Everyone: My net worth has gone way up after this 2-day event. 16:34:03 From Srini to Everyone: Hi everyone, Srini Penchikala from Austin, TX here. Looking to build relationships with investors, sponsors, and syndicators. Let's connect. Srini Penchikala 512-839-1207 srinipenchikala@gmail.com 16:36:19 From Srini to Everyone: Conference David mentioned. https://www.besteverconference.com/ 16:36:24 From Stony Stonebraker, CCIM to Everyone: One of the qualifications for a Real Estate Professional is 750 hours, but also other strict requirements. Investing as an LP does not qualify. It requires active work on properties and as GPs, etc. See your CPA for the details. 16:36:50 From brandon jenkins to Everyone: Incredible content today, David! Thanks! 16:36:57 From Sunny Sethi to Everyone: Was a pleasure connecting with all of you. My name is Sunny Sethi, I live in Seattle and work for Amazon for my day job. I am also a syndications investor (LP) looking to expand into GP-ing, and JV'ing on multifamilies. Excited to be a part of this group going forward. Please reach out to me at any of the contacts below: https://www.facebook.com/fxsunny | https://www.linkedin.com/in/aviatorsunny/ | 206-586-3222 | fxsunny@Yahoo.com 16:37:06 From Srini to Everyone: Lot to take in. 16:37:16 From Sunny Sethi to Everyone: Great two-days David 16:37:26 From Sunny Sethi to Everyone: Thanks Kusuma for inviting me here. 16:38:53 From Deepti to Everyone: Hello everyone, Im Deepti Mikkilineni based out of Dallas Tx. Looking to meet other LPs and GPs. Let’s connect on https://www.linkedin.com/in/deeptimikkilineni/ https://calendly.com/aprealtyllc/15min 16:39:00 From brandon jenkins to Everyone: Brandon Jenkins here. Based out of the DC area. Currently an LP in +1,300 units throughout the Sun Belt. Looking to co-GP 2 deals in 2022. Would love to connect! https://calendly.com/birch-prosper brandon.jenkins@birchprosper.com https://www.linkedin.com/in/brandon-e-jenkins/ 16:39:03 From Capt Lagrange to Everyone: whats the next session? 16:46:19 From Roger I Parker to Everyone: Roger Parker Contact Info linkedin.com/in/rogerparker2 203-858-8780 (Mobile) Email investorspropertygroup@gmail.com Looking to JV on small deals under 50 units Also Strategic Partner, Project Management for rehabs .Due Diligence , For Syndication Groups. feel free to connect and discuss . 16:50:44 From Sudheer Basu to Everyone: Sudheer Basu(Atlanta) LP in 7 multifamily deals, Residential Real estate agent ( 8 years), Looking to partner for syndication and JV on deals below 50 units. sudheer@sudheerhomes.com 404-488-6271 16:51:07 From Robert Krzyzak to Everyone: Hi, my name is Robert Krzyzak from Atlanta GA. I specialize in underwriting, market analysis, and I can be boots on the ground in GA. I’m looking to JV on deals between 5 and 50 preferably in the GA market. I’m also looking to partner with a syndication team to help with their underwriter/market analysis as a strategic partner. I’d love to connect and see how we can help each other. Rdkrzyzak@gmail.com, 630-632-8674, www.linkedin.com/in/robkrzyzak 16:51:48 From markgross@costsegregationservices.com to Everyone: Mark Gross CSSI Cost Segregation Services Inc 630-329-9801 markgross@costsegregationservices.com www.CSSISTUDY.com 16:53:00 From Michael Guilbert to Everyone: Michael Guilbert 858-254-1886 mguilbert@investmentrealtybrokers.com https://www.linkedin.com/in/michaelguilbert/ Charlotte, NC Hello all, I would be interested in working with an individual or a small team. For a piece of the deals. I can bring to the table underwriting, market research, and due diligence expertise. I have a national CoStar account and a STDB (Site to Do Business) account. As far as my background, I am a CCIM candidate (just need to find time to take my final exam), and I have a masters degree from the University of Denver in real estate and construction management with a concentration in commercial investment analysis. I have a brokerage firm in North Carolina and I also do off-market acquisitions nationwide for a few private equity firms. If this might be a something of interest, feel free to reach out to me. Thanks 16:53:07 From Sreedhar Aitha to Everyone: Sreedhar Aitha from Dallas, TX sreedhar.aitha10@gmail.com 214-702-9823 https://calendly.com/sreedharaitha 16:59:53 From enilus’s iPhone to Everyone: Hello 👋 My name is Eugene Nilus. Currently reside in Bay Area. - Investing in MF and Self storages mainly with value add. Could look into mobile parks as well. - money lending - fix and flips Prefer to be anywhere from 5 to 50 units. Underwriting / capital raising / technology / marketing / sales / boots on the ground Invest in landlord friendly states. Would love to see if I could help anyone and bring value to your next deal. Feel free to reach out: Euka.properties@gmail.com 415.725.0311 17:02:01 From Capt Lagrange to Everyone: acquisitions and underwriting/market analysis/boots on the ground 17:04:08 From Kartik N to Everyone: Hi, I am Kartik from Tampa, FL. I am looking at Florida markets for real estate opportunities. I would love to connect and see how we can help each other. kaynyk@yahoo.com Thanks. 17:04:22 From Sunny Sethi to Everyone: those circles remind me of IKIGAI... what are you passionate about, what are you good at, what the world needs and what can you get paid for. 17:04:25 From Kartik N to Everyone: https://calendly.com/kaynyk/15min 17:05:35 From Capt Lagrange to Everyone: https://www.cyberclick.net/numericalblogen/ikigai-4-questions-to-begin-your-practice-of-the-japanese-philosophy-on-life-fulfillment 17:19:43 From David Monroe, CCIM to Everyone: https://multifamily.davidmonroeccim.com/strategy-session-appointment 17:21:20 From brandon jenkins to Everyone: Thanks David! 17:21:27 From Capt Lagrange to Everyone: sounds like the community is for me. Thanks David 17:21:35 From brandon jenkins to Everyone: Very content rich weekend! 17:21:39 From Deepti to Everyone: Great content. This was very helpful 17:22:22 From Capt Lagrange to Everyone: https://multifamily.davidmonroeccim.com/strategic-partnering-lifetime-spi 17:23:39 From Capt Lagrange to Everyone: yes 17:25:24 From Prasad Jakka to Everyone: Great weekend of learning, thanks David and everyone ! 17:25:26 From Capt Lagrange to Everyone: beautiful 17:25:49 From Cedric M to Everyone: David is very accessible and a straight shooter. I co-sign on the Strategic Partnering Program 17:27:25 From Brock Haiderer to Everyone: Brock Haiderer Atlanta, GA LP investor looking to learn more and expand my multi family knowledge and provide value. bhaiderer1@gmail.com 17:28:30 From Neil to Everyone: Highly recommend! I’m a lifetime group coaching member. 17:29:31 From Julie Duchsherer to Everyone: Hi all!! 17:30:59 From sangsoo cho to Everyone: thank you so much 17:31:00 From Julie Duchsherer to Everyone: Julie Duchsherer. I’m in the upper midwest but have been a GP/KP on multiple MF deals in sunbelt. would love to connect. ArchcapitalLLC@gmail.com 17:31:50 From Sreedhar Aitha to Everyone: Thank you David! Great Session 17:31:54 From brandon jenkins to Everyone: Today was incredible! 17:33:10 From Jim Pagano Jr. to Everyone: Excellent David, great stuff looking forward to working with you in the near future. I will definitely keep in contact with you and still go through and finish the modules. Greatly Appreciative, Jim 17:34:09 From Stony Stonebraker, CCIM to Everyone: Great intensive this weekend! A ton of information and education, even for experienced investors. Excellent networking, too! 17:35:11 From Sunny Sethi to Everyone: I think we covered this yesterday... are requests for costar reports included with the $2k community? 17:35:33 From ZACH FURR to Everyone: Great weekend, excellent information! Thank you David & Tyler. Nice meeting everyone this weekend. Thank you all !! 17:35:58 From Tyler Patterson to Everyone: Thank you zach 17:37:00 From ZACH FURR to Everyone: I'm interested in finding out more about Slack, if I qualify for it. 17:37:16 From Stony Stonebraker, CCIM to Everyone: Nice work, Tyler! You're on a great path. Keep up the excellent work! 17:37:52 From Sunny Sethi to Everyone: +1 to Stony's comment! Great job Tyler! 17:39:54 From Kathy Libey - Denver to Everyone: Fabulous weekend. Thank you, David!!! Sending out my contact info before we adjourn. I'm looking to Co-GP Class B/C in the Texas Triangle and/or in the Huntsville, AL MSA. Also working on MF new development projects in Huntsville. Would love to chat to see how we can work together. Kathy Libey, Denver, CO 972-743-1920 Kathy@GoldenArrowEquityPartners.com https://goldenarrowequitypartners.com https://calendly.com/kathy-goldenarrow 17:40:19 From Jim Pagano Jr. to Everyone: Thank you for a great weekend too Tyler 17:40:56 From Srini to Everyone: Thanks David and Tyler. Great information. Looking forward to the coaching/community sessions. 17:41:34 From brandon jenkins to Everyone: Good night all! Looking forward to connecting with those of you who left your contact info in the chat! I'll be joining the SPI community, so I'll see many of you there as well! 17:42:48 From Tyler Patterson to Everyone: Thank you for joining us this weekend. We appreciate you all spending these 2 full days with us. 17:43:23 From Sidra and Masood Majeed to Everyone: thanks David! Night everyone 17:44:26 From Gwen Pipatanangkura to Everyone: Thank you, David! 17:48:51 From Cedric M to Everyone: Awesome as always David. See you on the next Coaching call. 17:51:31 From Joe Salim to Everyone: Great stuff. Much appreciated, David! Good evening, everyone 17:51:53 From Deepti to Everyone: Great weekend. Thanks David and Tyler! 17:52:23 From Tyler Patterson to Everyone: Thank you Deepti! 17:55:18 From Kathy Libey - Denver to Everyone: We love to hear you talk! 17:57:43 From brandon jenkins to Everyone: Justin Knivel 17:57:50 From ZACH FURR to Everyone: I've take several of Justin's courses on Udemy. 17:58:04 From Tyler Patterson to Everyone: Break into CRE 17:58:27 From Sunny Sethi to Everyone: https://www.youtube.com/watch?v=7hRjfqttrrU 17:58:35 From brandon jenkins to Everyone: *Justin Kivel 17:58:51 From ZACH FURR to Everyone: https://www.youtube.com/c/BreakIntoCRE 17:59:02 From SK Yu to Everyone: Can you reiterate cost of capital for LPs equity partners and others vs. the bank? 17:59:06 From Lucky Singh to Everyone: Thanks Zach 17:59:09 From Lucky Singh to Everyone: Thanks 17:59:26 From ZACH FURR to Everyone: You're welcome. 17:59:38 From ZACH FURR to Everyone: Justin Kivel 18:00:00 From Sunny Sethi to Everyone: https://www.linkedin.com/in/justin-kivel-aa06361a/ 18:00:20 From Sudheer Basu to Everyone: Thank you, David for a great class! 18:00:21 From Kartik N to Everyone: Thank you David for great session!! 18:00:33 From Sunny Sethi to Everyone: Thanks David 18:00:34 From brandon jenkins to Everyone: Great session! Thank you David! 18:00:34 From Fernando to Everyone: Thanks you. Very good session today too 18:00:35 From Fernando to Everyone: bye 18:00:40 From Tim Welting to Everyone: Thanks for an awesome weekend 18:00:50 From Trina Menefee to Everyone: Thank you, great info 18:00:50 From ZACH FURR to Everyone: Thank uou all 18:00:51 From Sandra Sutton to Everyone: Wonderful two sessions. Thank you 18:00:52 From brandon jenkins to Everyone: Good night 18:00:54 From Lisa’s iPhone to Everyone: Thank you, David! 18:00:57 From Latasha Turner to Everyone: Thanks David. Great course!