• Ep#57 Mindset Mastery: Goal Setting and Systems for Real Estate Success with Mike Mannino II
    Jan 17 2024

    In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Mike Mannino II. Over the past 9 years, Mike has built a business that bought, fixed, and flipped over 80 homes and owns 60+ rentals by the age of 30. He has created multiple companies that generate over $1M per year in revenue. 

    He’s the founder of Real Estate Wealth Builders at REWBuilders.com, an educational company that helps real estate investors quickly scale their real estate business. 

      

    Topics on Today’s Episode:   
    • Introduction to guest Mike Mannino II and his journey in real estate investing. Discussion of the critical importance of mindset. 
    • Mike's early success, buying a house at 19 to renovate and house hack. He sold the house at 21 and chose to reinvest the equity in fix and flip homes. 
    • Wayne relates discipline and going against the grain to invest in the future, during his time the Marine Corps.
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    34 mins
  • Ep#56 Mastering the Art of Self Storage Investing with Tom Dunkel
    Nov 29 2023

    In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Tom Dunkle about the secrets of self-storage investing. After building a business in the distressed mortgage market, Tom and his partner sought an opportunity with increased stability and growth. Investing in distressed self-storage facilities has provided an amazing opportunity. 

    Tom Dunkel is the Chief Investment Officer of Belrose Storage Group LLC and brings over 27 years of real estate, finance and investment experience to the table. Working alongside his world-class team of professionals, Tom makes it his mission to find great investment opportunities for his clients while helping them meet their wealth-building goals. 

    Tom manages the firm’s financial underwriting, playing a critical role in creating win-win deal structures that ensure achievable investor returns. In addition, he works closely with private investors to communicate about new acquisitions and investing opportunities, as well as report on the progress of current investments. 

     

    Topics on Today’s Episode:  
    • Introduction to Tom Dunkel and his background in real estate investment. 
    • The focus of Bellrose Storage Group is on acquiring underperforming self-storage facilities. 
    • Overview of the self-storage industry and its stability over the years. 
    • Discussing remote management and contracted call centers for self-storage facilities. 
    • Factors that contribute to the demand for self-storage, including both good and bad times. Home sales can drive traffic for retail self-storage, so during this time of low residential turnover, Tom is shifting focus to more stable commercial clients. 
    • Utilizing social media advertising, such as Facebook geo ads, to target specific demographics. 
    • Value-add opportunities in self-storage investing, including renovations, security upgrades, and management efficiency. 
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    40 mins
  • Ep#55 Crafting a Profitable Strategy While Mitigating Risk in Real Estate Investing with Joel Friedland
    Nov 15 2023

    In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III chats with the legendary Joel Friedland. Joel is a seasoned industrial real estate professional with an impressive track record spanning over 40 years. Joel takes us on a journey through his vast experience in the Chicago area, where he has visited a staggering 15,000 out of 16,000 buildings. Throughout the conversation, we delve into Joel's unique investment approach, his strategies for mitigating risk, and his insights on the current real estate market. 

    With over four decades of experience in industrial real estate, Joel leverages extensive brokerage expertise to lead conservative yet profitable syndications. After co-founding and growing Epic/Savage Realty Partners, a 60+ professional firm to successful exit, he founded Brit Properties. Joel has brokered over $250 million in transactions through valued long-term relationships.  

    Joel’s syndication approach uniquely utilizes 0% debt for principal conservation while targeting 8%+ cash returns. Having navigated the Great Recession, he employs a cautious strategy informed by cycles. For his investors, Joel delivers reliable cashflow, upside potential, and mitigated risk through dedication to the asset class and prudent deal structuring. His investments draw on a proven track record of 2,000+ industrial leases and sales totaling hundreds of millions acquired. Joel continually refined his real estate acumen over decades to create wealth for partners. 

    Joel attended the University of Michigan. He enjoys playing golf and spending time with his family, particularly his 3 young grandchildren. 

     

    Topics on Today’s Episode: 
    • Introducing Joel Friedland, an experienced Real Estate investor with extensive experience in Chicago. 
    • Friedland's focus is on mitigating drastic loss for investors through diligent and debt-free operations. 
    • He offers insights into his investment preferences, such as smaller, older manufacturing buildings over large warehouse buildings. Defining your niche helps focus your efforts. 
    • Friedland shares an example of a lucrative investment in downtown Chicago. 
    • He discusses his unique approach to finding an 8% return on investment.
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    48 mins
  • Ep#54 Tax-Savvy Savings: The Tax Bucket Approach to Put Money Back in Your Pockets with Susan Geist
    Nov 8 2023

    In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Susan Geist who shares her expertise and tips for investors. She details how to put money back into investor’s pockets using the tax bucket approach. As someone who has achieved incredible success in building a portfolio generating five figures in passive income, Susan has invaluable insights into using strategic investment deductions to optimize your taxes and maximize your wealth. 

    A few years ago, Susan was taken aback by a huge federal tax bill. In response, she developed a 'tax bucket' strategy to map out her future tax planning. This approach enabled her to effortlessly visualize her income and tax obligations, ultimately revealing remarkable opportunities for substantial tax savings. Today, she consistently saves over $100,000 annually on her taxes. In this presentation, we will delve into Susan's tax-saving secrets. We'll learn how to categorize income into the IRS's three distinct buckets and discover deductions tailor-made for each bucket. Prepare to unlock the potential for substantial tax savings that put money back into your own pockets! 

     

    Topics on Today’s Episode: 
    • Overview of the importance of tax planning and optimization in real estate investing. 
    • Explanation of the tax bucket formula and its divisions (active, portfolio, passive). 
    • Discussion of a client example named Meredith, who has income from a W-2 job and stocks. 
    • Discussion of tax-advantaged accounts and real estate as tax-saving strategies. 
    • Explanation of how short-term rentals can be classified as active businesses for tax write-offs. 
    • Case study of a client generating a $120,000 loss in the first year through depreciation and expenses. 
    • Importance of tax-savvy savings and the long-term impact of saving on taxes. 
    • Example of using a backdoor Roth IRA to add to the active bucket and reduce taxes. 
    • Benefit of being in the 0% tax rate for dividends and long-term capital gains.
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    49 mins
  • Ep#53 Infinite Banking Concept: Structuring Whole Life Insurance Policies for Wealth Building with Dr. Rob Scranton
    Nov 1 2023

    In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III speaks with Dr. Rob Scranton. Dr. Rob is an expert in the field of infinite banking, a concept that revolutionizes the way we think about insurance policies and real estate investing. 

    Dr. Rob Scranton uses accounting and finance expertise to teach the Infinite Banking Concept, or IBC, for wealth growth. He shows how to leverage debt and expenses with this little-known strategy instead of traditional scrimping and saving. 

    Infinite Banking predates the IRS so wealth accumulated through it is protected from government seizure. Dr. Rob has achieved financial success with this method without compromising lifestyle or going frugal. It's about staying wealthy by preserving and growing your money. The wealthy use this 200-year-old strategy to keep more money rather than working more or taking on more risk. 

    Dr. Rob is passionate about sharing these strategies from family traditions, like how private banking saved his great grandparents' farm in the Great Depression as public banks failed. He explains why personal banking is critical now. If you want true wealth, learn the Infinite Banking Concept - Dr. Rob can help. 

     

    Topics on Today’s Episode: 
    • The benefits of using overfunded, cash-heavy whole life insurance policies that pay dividends through mutual companies, for loans, cash growth, accumulation, and compounding. 
    • The importance of structuring insurance policies properly for the infinite banking concept. 
    • The mistake of going to just any insurance agent without considering their knowledge of structuring policies for IBC. 
    • The advantage is for the client rather than the agent in setting up policies properly for the banking concept, so be aware of what you need and read the policies. 
    • The benefits of the death benefit attached to these policies and how it continues to grow when policies are set up properly for banking purposes. 
    • An example of a long-standing policy showcasing significant returns on investment. 
    • The concept of getting a return of premium in addition to the upside of
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    44 mins
  • Ep#52 Techniques and Tips for Real Estate Wholesaling with Tom Zeeb
    Oct 25 2023

    In today’s episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III talks to Tom Zeeb about using his proven techniques to find profitable real estate wholesale deals. Tom shares his strategies for finding and negotiating real estate deals for any exit strategy.  

    Back in 2001, Tom was broke as a joke. A near-death experience while whitewater rafting pushed him to find a new way to break free of his 9-to-5 job. His first "deal" almost took him under as well, but real estate investing saved him in the end. Both personally and financially. 

    Hundreds of deals later, he is happy to share the same negotiation, marketing, and business techniques that set him free, so you can do the same. Simple, structured, and step-by-step techniques that take you from spinning your wheels to making profitable deals. 

    Investors of all levels struggle with their businesses. Newbies want to get started, but often keep hitting the wall of confusion and spinning their wheels. Intermediate and advanced investors often find that they made a wrong turn and built a business they aren’t actually happy with, but don't know how to fix and re-engineer it. 

    Tom Zeeb works with real estate investors of all levels to get their business built (or re-built) correctly, so that their personal goals and lifestyle stay at the center of everything they do, giving them more money, time, and freedom to spend as they please. 

     

    Topics on Today’s Episode: 
    • Tom’s experience in real estate investing and how it saved them both personally and financially. 
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    39 mins
  • Ep#51 The Power of Real Estate Investing: Unlocking Opportunity and Building Wealth with Jack Krupey
    Oct 18 2023

    In today’s episode of the Untold Stories of Real Estate Investing, host Wayne Courreges III talks to Jack Krupey who has truly mastered the art of value-add investing. Jack is a firm believer in the power of strategic investing and the incredible opportunities that exist in the real estate market. He has been able to build wealth, achieve tax deferral, and help countless individuals reach their financial goals through his unique coaching program and investment partnerships.  

    Jack Krupey is the principal and founder of JKAM Investments. He has been investing in both real estate and distressed debt since 2001. He has built long-term relationships with experienced real estate developers, sponsors, and syndicators over his 20-year career. Jack leveraged the 2008 financial crisis as part of a private equity fund that yielded impressive returns off of distressed and restructured debt. He repositioned properties as well as modified and restructured loans for borrowers. 

    In 2014, Jack entered into a partnership with a large private equity fund and led the asset management arm of the firm that made over 3 billion dollars in purchases of non-performing and re-performing mortgage debt between 2015 and 2019. An entrepreneur by nature, Jack decided to launch JK Asset Management and the JKAM Diversified RE Fund to focus on alternative assets such as value-add multifamily real estate.  

    Prior to beginning his real estate investment career, Jack graduated from Rochester Institute of Technology with a bachelor's in information technology. Jack graduated with a dual MBA from Northwestern’s Kellogg School of Management and from Hong Kong University of Science and Technology. 

     

    Topics on Today’s Episode: 
    • Jack’s journey from an IT consultant to real estate entrepreneur and financial freedom.  
    • Missed opportunities in the rental market for investors who did not take advantage of recent rent surges. 
    • Jack’s take on value-add strategy of renovating units and raising rents to increase net operating income and the value of the building. 
    • The benefits of real estate investment in terms of generating positive cash flow, tax deferral, and building long-term wealth. 
    • Many reasons to be bullish in today’s market, especially in Houston.
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    40 mins
  • Ep#50 Diversifying Assets and Mitigating Risks in Real Estate Investing with Igor Shaltanov
    Sep 27 2023

    In today’s landmark 50th episode of The Untold Stories of Real Estate Investing, host Wayne Courreges III is excited to learn about international perspectives in real estate investing with Igor Shaltanov. Igor is the founder and managing partner of Avista Fund and is a former professional athlete who transitioned into successful entrepreneurship and real estate investment.  

     

    Guided by discipline and a relentless drive for excellence, Igor has founded and managed thriving companies and businesses in Southern California. In 2015, Igor ventured into real estate and established Avista Fund in 2020. This privately held firm focuses on raising capital from investors and investing in income-generating, value-add multifamily properties. Their mission is to provide local as well as international investors with access to US real estate, safeguarding and growing their wealth amidst high inflation rates in their local countries and currencies. They are currently serving as a limited partner to 17 different real estate deals, 3,050+ multifamily units, with a cumulative value of over $483.5MM. They prioritize conservative underwriting and meticulous due diligence, ensuring a prudent approach to investing while delivering value to both investors and residents.  

     

    Igor's professional journey exemplifies a relentless pursuit of excellence, supported by his values driven approach to business and investment. Through Avista Fund, he not only empowers investors but also makes a positive impact on the lives of residents and communities 

     

    Topics on Today’s Episode: 
    • Introduction to Igor Shaltanov and his perspective on ownership in real estate investing. 
    • Comparison of different cultural perspectives on ownership and property rights. 
    • Encouragement to ask questions about the legal framework and potential risks in real estate investing. 
    • Discussion on the value proposition of converting currency to American dollars. 
    • Analysis of the depreciation of other currencies and the potential long-term value of investing in the US dollar. 
    • Exploration of the fear of losing what has been earned or gained as a
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    54 mins