Posts tagged "capital"

JC 099: How to Raise More Capital with Jake Marmulstein

September 23rd, 2020 | no comments

Groundbreaker Will Simplify Your Syndication

Before founding Groundbreaker, Jake Marmulstein held a number of roles involving real estate and technology, supporting the growth of early stage digital technology ventures while working with the government on foreign direct investment by Fortune 500s. In 2011, he started his career in real estate, underwriting hotel investments for Watermark Capital Partners.

At Groundbreaker, Jake owns the Company’s strategic vision and execution. He is responsible for sales, management of the departments and the people leading them. Jake also manages Company finances and capitalization, as well as the Board.

Jake Marmulstein joins John Carney today in The Real Estate Locker Room to share how using technology platforms will increase investor confidence.

Key Points:

  1. Look at markets that are underserved and listen to what people are saying.
  2. Real estate syndication technology allows you to automate the process and raise more capital.
  3. The more investors you have, the greater your need for a platform to manage them.
  4. Simplify! Presentation and easy user experience is important.
  5. Streamline your syndication process.

Favorite Sports:

  • Soccer and Rugby

Favorite Books:

Pro tip:

  • Don’t be too greedy with your first deal. Just do what you need to do to get the job done.

Reach Out to Jake Marmulstein

Thank you, Jake Marmulsteinfor taking the time to share how to provide real estate investors with access to more capital.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

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Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
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© John Carney 2020

 

 

 

JC 094: Open Door Capital with Jens Nielsen

July 8th, 2020 | no comments

Return on Your Investment with Multifamily Syndication.

Originally from Denmark, Jens Nielsen has lived in the United States since 1996. After a successful career in telecommunications and IT, Jens shifted his focus from being an employee to becoming an entrepreneur. He was attracted to multifamily real estate due to the many benefits and began investing in his home state of Colorado where he is currently the key principal of an 82-unit apartment portfolio.

 

After achieving success as a Limited Partner (LP), Jens decided to raise money as the General Partner (GP) in real estate syndication and raised over $1M in 2019 alone. He has passively invested in 14 real estate syndications / private investments that include over 800 apartment units, 2,000 mobile park lots and over 6000 storage units as well as mortgage note funds and private money lending. Jens mission is to help more people invest in private placements for the strong cash flow and equity growth. His company’s mission is to “Open Doors to your secure financial future through multifamily investing.”

Jens Nielsen joins John Carney today in The Real Estate Locker Room to talk about the real estate syndication process.

Key Points:

  1. Attend industry events to grow your business.
  2. Network! Meet people who have similar goals. Real estate is a social business.
  3. Create a partnership; decide on the allocation of duties with the goal of generating profit.
  4. Syndication is a good way to receive tax benefits, deductions, and it’s a good way to break into the real estate market.

Favorite Sport:

  • Cycling – Road biking and mountain biking.

Favorite Books:

Pro tip:

  • Business: Spend some time doing things that will help get your business moving forward instead of reacting.
  • Cycling: Hours of training.

 Reach Out to Jens Nielsen

Thank you Jens for taking the time to share your syndication and networking experience with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 092: Capital Gains Tax Solutions with Brett Swarts

June 10th, 2020 | no comments

Understanding the Deferred Sale Trust.

Brett Swarts is an entrepreneur, deferred sales trust expert, investor, podcaster, and multifamily broker. His leadership roles include serving as the Founder of Capital Gains Tax Solutions, Commercial Realty Apartment Advisors, and the Capital Gains Tax Solutions podcast.

Brett leads a team of extraordinary people at his companies. He serves ultra high net worth clients and enables them to create and preserve their wealth through real estate investment. Brett leads clients through a wealth preservation process by leveraging the optimal timing capital gains tax deferral structure known as The Deferred Sales Trust. Its purpose is to help individuals escape feeling hostage to the 1031 exchange and 30-50% capital gains tax when they sell their highly appreciated real estate assets.

By focusing on the timeless aspects of being the guide, Capital Gains Tax Solutions’ educational platform helps high net worth individuals and their trusted advisors who help them execute a passive/active capital gains tax deferral wealth plan of their own.

Brett Swarts joins John Carney today in The Real Estate Locker Room to advise us on how to create and protect your wealth.

Key Points:

  1. Clarify your vision of what you want your wealth plan to be.
  2. There are alternative ways for wealth transformation that doesn’t involve a 1031 exchange.
  3. Deferred Sale Trust: Transforming money from one generation to another while getting out debt by diversifying their wealth. It can allow you to get the full depreciation of the property allowing you to obtain and preserve more wealth.
  4. Optimal timing will let you sell high, wait, and then buy low when the market shifts. It’s important to know the legality and track record behind the “installment sale”.
  5. The key is getting a team of professionals that can help you execute the business plan.

Favorite Athlete:

  • Basketball

Favorite Athlete (s):

  • Michael Jordan
  • Lebron James

 Favorite Books:

Pro tip:

  • Practice The Miracle Morning: read the bible, meditate, exercise and journaling. 

Resources Mentioned:

 Reach Out to Brett Swarts

Thank you, Brett Swarts for taking the time to share your wealth planning solutions with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 024: High Margins and High Returns with David Herrera

September 6th, 2017 | no comments

Cheap isn’t always good for the velocity of growth

The Real Estate Locker Room Show with John Carney

David Herrera is living his childhood dream as a Chicago real estate developer. He lives and breathes real estate and finance and classifies himself a “financial markets athlete.” All profitable real estate development begins with simple math.

David is a full time estate developer and financier with over 12 years of diverse financial services experience across investment banking, private equity, asset management, real estate development, structured finance and the is principal of The Golden Mean Group Inc. David’s career kicked off in the big league at XL Capital Ltd, a Bermuda based Fortune 500 firm with over 49 billion in assets under management.

Prior to pivoting into a career as a full time real estate developer David furthered his financial markets experience as the Second Vice President of the Northern Trust Corporation’s Structured Finance Group and oversaw financial modeling, structuring, pricing, P&L oversight and transactional execution for the banks $3.5 billion interest-rate derivatives book and hedging product offerings.

David is passionate about developing communities and driving markets. He believes that it isn’t work when you love what you are doing day in and day out.

Opportunity is everywhere – David’s wealth of knowledge and proven track record allows him and his team to secure high margin, high return infill development opportunities for their core investors.

Five key points

  • To become an expert in your field, whether it’s sports or business, you need to live and breathe it every day – that’s what gives you the competitive edge.
  • Surround yourself with information and resources to support your career: read the market news daily, learn about geopolitical issues that may affect interest rates or stock prices – have a passion for what you are doing.
  • Cheap deals aren’t necessarily the best deals. It is necessary to do your homework and quantify the deal before going ahead. Markets where the land is more affordable may have rents that aren’t as strong. Look at the path of growth and the velocity of appreciation in the markets you are considering investing in.
  • Look at location, property zoning and land entitlements. How many stories or square footage can you build in the location, particularly in a core urban infill area?
  • Hiring people with proven experience is important for building a successful team and when you are pitching to a bank. Its an easier sell when you approach a lender with plans, an experienced architect, a proven builder and other competent team members supporting your project.

Favorite athlete: Michael Jordan – NBA All Star.

Real estate roll models: Jerry Reinsdorf and Ted Turner

David’s pro tip: Learn from the successful people around you; what makes them successful? How did they become successful? Learn from other people’s mistakes.

Highly motivated – serving and enhancing the community through development.

Thank you David for taking time out of your busy schedule to share your story and valuable insights with us!

Reach out to David and his team at: www.goldenmeangroup.com

Email direct: david@goldenmean.co

Company Website: Golden Mean Group Inc

Linked-In: David Herrera

Facebook: https://www.facebook.com/davemichaelherrera

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at http://www.johncarneyonlie.com

Connect with John Carney
Facebook: www.facebook.com/JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2017