Operate For Profit Real Estate Podcast

Operate For Profit Real Estate Podcast

Multifamily real estate is a business. Problem is your business is not as profitable as it should be. Units are sitting vacant, expenses are over budget and unhappy residents are leaving your property and blowing you up with bad online reviews. Meanwhile, you can't get your property management partner to help you solve any of it. All of this has you stressed out and worried that your investment is at risk. Sound familiar? The Operate for Profit Real Estate Podcast will help you change all of that. Our host, JC Castillo has successfully owned, operated and property managed thousands of apartment units for over 15 years. Join him as he interviews the industry's top operators and service providers to uncover insider strategies, products and technology that you can use right now to increase your revenue, decrease your expenses and turn unhappy residents into raving fans who love living at your property.

Episodes

June 11, 2021 33 min

Multifamily market predictions from a $1B owner-operator in Texas.

This week we talk with Michael Becker, Principal at SPI Advisory for a real time look at multifamily performance in a post-pandemic economy. Michael talks about what he's seeing in rent growth, lease trade outs and key challenges on the operational side heading into 2022.

Velo Residential provides expert property management and renovation services for apartment pr...

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What amenities bring the most value to your multifamily property?

This week we talk with Shane Thomas of Catalyst Equity Partners about how he uses resident feedback to help him decide what amenities to include in his multifamily renovation plan. Shane also shares a powerful story about the impact of improving safety and security as part of an effective value-add strategy.

Velo Residential provides expert property management and reno...

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Are you struggling to track performance at your multifamily property?

This week we discuss how to use simple Key Performance Indicators (KPIs) to help you quickly identify and solve problems at your multifamily portfolio without spending countless hours reviewing detailed property management reports.

Velo Residential provides expert property management and renovation services for apartment properties in Dallas-Fort Worth.

Want to lear...

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Are spiking expenses creating a profit squeeze at your multifamily property?

This week we talk about why having happy onsite staff is key to increasing your operating profits and what steps you can take to keep them doing more of what they love and less of what they don’t.

Velo Residential provides expert property management and renovation services for apartment properties in Dallas-Fort Worth.

Want to learn more about how Velo Reside...

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Operating for profit means operating with empathy.

Learn why putting your renter's hat on will turn your apartment property into a profit machine.

This week we talk with best selling real estate author Brian Murray about how he's built one of the fastest growing commercial real estate companies in the nation by following a simple rule - treat your residents like you would like to be treated.

Velo Residential provides expert pr...

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Is your multifamily property suffering from a lack of prospect traffic?

The greatest leasing team in the world can’t rent your unit if they have no one to sell to.

This week we talk with Josh Grillo, President  of Resident 360 about how to create a simple, cost effective marketing plan that will jump start prospect traffic and boost occupancy at your multifamily property.

Velo Residential provides expert property management and renova...

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Here’s why your property’s website is losing you money.

When a customer is ready to buy, you need to be ready to sell. Today we talk with Robert Turnbull, Founder and President of Betterbot about how their multifamily Chatbot enables your prospects instantly engage and self schedule a property tour on your website, freeing up your onsite staff’s valuable time and increasing your conversion rates.

Velo Residential provides expert prop...

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Are you overpaying Uncle Sam at your multifamily property?

Knowing when to capitalize an expense and when not to can help you minimize taxes and maximize your sales proceeds.

This week we talk with Brandon Hall, Founder & Managing Partner of The Real Estate CPA company, about some simple techniques to properly categorize expenses at your apartment property so you can keep more of your hard earned money in your pocket.

Velo Residen...

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Are you struggling with high employee turnover at your apartment property?

Happy onsite staff are essential to maximizing sustained profitability and increased resident retention.

The PROBLEM is your management partner is using outdated systems that place a huge amount of back office work on your staff, leading to employee burnout and turnover.

This week we discuss the importance of leveraging a modern management platform and virtual ...

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Is your multifamily property wasting money on advertising that doesn't convert?

Your biggest source of prospective renters might be FREE.

The PROBLEM is your management partner can't tell you where your converting traffic is coming from, forcing you to spend advertising dollars blindly.

This week we talk with Nat Kunes and Stacy Holden of Appfolio about LISA, an artificial intelligence bot that responds to all leasing inquirie...

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Is Your Multifamily Property Operating for Maximum Profit?

Owning multifamily real estate can be a very rewarding business. The PROBLEM is your business is not as profitable as it should be.

Check out our newly rebranded Velo Residential Operate for Profit Real Estate Podcast where we talk about our mission to help multifamily owners make more money with less stress and why owning a profitable multifamily business isn't just good...

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Ever thought about installing solar power at your apartment property?

Cutting your home electric bill with solar has become fairly common. But does the investment make sense for large scale multifamily?

Today we talk with Todd Franks of Greystone Investment Sales Group about how he was able to leverage available tax incentives to install solar and significantly cut his electric bill at two of his apartment communities.

Watch this epis...

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Is it really possible to eliminate your taxes as a real estate investor?

You can if you qualify as a Real Estate Professional (REP) under IRS regulation.

SPOILER ALERT
There's mass confusion on how it works and using it improperly could cost you huge dollars in back due  taxes and penalties with Uncle Sam.

Today we talk with Brandon Hall, CEO of The Real Estate CPA Company about what it takes to qualify as a REP and how you legally...

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Are your multifamily investments at risk in these uncertain times?

Apartment properties have shown great resilience in this recession. But there are signs of stress in the market. Average occupancies are down and rent growth has stalled. Meanwhile extended unemployment benefits ended and the economic recovery is losing steam with a big election around the corner.

What should you do to secure your market position right now?

Today JC Ca...

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Stop. Don't invest your hard earned dollars until you do one simple thing...

You've found a solid real estate investment that checks all the boxes. The company is credible and you've analyzed their business plan, scrutinized the financials and identified everything that can go wrong with the deal. Now it's time to pull the trigger.

But how much do you really know about the key people behind the company?

Today we talk w...

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The SF Bay Area has been a perennial bellwether for rental performance. Will that continue in the age of COVID19?

This week we talk with Shivu Srinivasan, Senior Director of Capital Markets for Transwestern Commercial Real Estate, about how the post-pandemic economy has impacted multifamily in the San Francisco Bay Area. Shivu & his team specialize in brokerage of apartment properties throughout the San Francisco Bay Area, the I...

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Worries over pandemic driven cliff drop in rent collections have not happened so far. But what's in store for the second half of 2020?

This week we welcome back to the show Paul Hendershot, Director of Market Analytics for Costar, about how the post-pandemic economy will impact multifamily in the second half of 2020. CoStar is a recognized leader in market data for the apartment industry and Paul specializes in covering the DFW ...

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National data suggests that workforce apartment owners are seeing a higher rate of rental collection loss early in this downturn.

This week we talk with Andrew Reichert and Daniel Croce of Birgo Capital about how the COVID19 related slowdown is impacting their business and what steps they took early on to understand the economic makeup of their tenant base so they could better predict future performance. Birgo Capital is an owner-op...

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With over 1 in 5 workers now unemployed and struggling to pay rent, a great property manager can help your multifamily business survive.

This week we welcome back Ryan Wehner, Owner of Wehner Multifamily to discuss how he's helping his owners maintain great resident relationships while maximizing rent collections and keeping expenses in check. Specializing in B & C class properties with over 26K units under management, Wehne...

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Now more than ever, proper asset management is critical to your survival as a multifamily property owner.

This week we talk with Boris Liubovitch and Albert Baranchuk of WGI about how they are asset managing a 1200 unit portfolio of apartments through this developing economic downturn.

Watch this episode to learn:
* How to minimize expenditures during a downturn
* Using virtual tours to increase lead conversion
* How are collections bei...

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