I had the pleasure of meeting with Derek Uldricks, the President of Virtua Capital Management. Virtual is a global private equity firm specializing in the commercial real estate asset class. They invest in real estate across the United States. Their background is in commercial real estate financing, and restructuring and they have a very experienced executive team.
Virtua focuses on multi-family, single family, and hospitality. Derek discusses how they set up their real estate portfolios and mitigate risk. When the downturn happened in 2008, there was a lot of investors with negative equity. They helped them turn around properties. Today his role at Virtua is to oversee the funds, inclusive of Opportunity Zone Funds and assist with investment decisions.
They are excited about Trump's new Opportunity Zones. These are economic development programs in each state that are selected by the governors. They designate geographic areas with the intention of increasing investment therein....
Jeremy is a passive cash flow focused investor who has had a focus on real estate since 2002. He wanted the predictability of steady cash-flow instead of the ups and downs of the stock market. He diversifies across operators, geographies and asset classes.
He moved from Montreal to Pennsylvania in 2002 where he attended university. Afterward, he moved to Los Angela’s where he worked for Disney. While working, he decided to invest in cash-flow assets that eventually gave him the flexibility to leave the corporate world.
Jeremy defines his view of active versus passive investing. For him, the difference is centers around direct control of assets.
Passive investors generally do not have a direct say in the investment while active investors own, control and direct assets. He discusses the pros and cons of investing passively versus active investing. Passive investing runs slightly higher risks of fraud as you usually have little control.
As an active investor, it’s...
Al Adler is CEO of ABA Energy Corporation joins us to provide a broad overview of the Oil and Gas sector. He describes his early career in the Oil and Gas industry and how he started out in the oil patch in the United States and then traveled to several countries. After a few years, he broke out on his own by heading up a companies Oil and Gas branch. That ended up being a tremendous success which spring-boarded him into launching the company ABA Energy in 1991.
Al lives and operates in Bakersfield California. He says, “They have been doing business pretty much the same way since 1991.” They are unique in that they make value for themselves by exploring and drilling for oil and gas. They have done well over the long term by minimizing risk via working on many smaller projects at any time. The Oil and Gas sector is a very cyclical market, and you have to be careful during the downtimes. They often partner with larger companies that work well with his team and who see the...
Gary Rahman describes his upbringing in Chicago with a single mom. When he was ten he realized he wanted a better future for his children. Although his mother suffered from depression and had a lot of financial difficulties she always encouraged him. Gary says the universe has a way of answering your call.
For him, there has always been a lot of self-determination and persistence. The real crux of his message is that people need to get out of their own way.
When the recession hit it was tough for him. He remembers a friend of his was able to do well in spite of the recession and was able to get good deals because he had cash. For Gary, he was bleeding money, and his business suffered, and he lost a great deal of wealth. Afterward, his mother passed away, and he had to deal with a dark period one in which he had to look within to come up with the answers. Failure is essential, you need to learn from your mistakes. It’s much worse to fail to try, than to fail while trying. We...
His company RAL Academy takes single-family homes and converts them into assisted living homes. They also focus on teaching others how to accomplish this business. They recommend hiring out the caregiving aspects of the business.
There are seventy-seven million baby boomers. That means there are 10,000 people every day turning 65 years old and 4000 people every day turning 85. This translates into hundreds of thousands of people needing assisted living every month and that demand is only growing. Some elderly may elect to move into a nicer home on their own while others may have to as their family can no longer care for them.
They look for a one-story home in a good location. Having no stairs is a big plus and a larger home works better. He recommends 300 square feet of living space per resident. They usually focus on having one or two people per room. One can occasionally convert other interior space into bedrooms. You want a building in nicer neighborhood usually one that is...
Jerry is Director of Corporate Development and Investor Relations for Impact Silver Corporation. Impact has producing mines located two hours south of Mexico City in an area known as the Zacualpan Silver District. This area was a producing region 500 years ago with over 4,500 historic silver mines.
They are continuing to explore and develop in the region, and over the last ten years, they have raised 30 million in capital from investors. They have used that capital to grow the project organically.
So far they have produced over 160 million in revenue with 9 million ounces of silver. The company has a 30 million market cap with annual revenue of 15 million. Their current break-even point is around $14.00 an ounce silver. So they are making a little bit of money each year at current prices.
They are excited about using some of the revenue to continue exploration throughout 2018. They have 360 square kilometers of land with numerous targets of interest, and they have had some very...
In this weeks episode, I discuss my exciting trip to Asia. This was my first trip to Asia, and it was the most incredible. I went for two weeks with Stansberry Research and a select group of about 20-30 investors.
I arrived in Bejing where I checked out much of the city solo for a few days before the Stansberry Group of Investors arrived. Together we visited Tiananmen Square, the Forbidden City, and the Great Wall of China at Mutianyu. Here is a group photo at the top of the Great Wall of China.
Hopefully, we will get our Wall soon with President Trump as our Fearless Leader. China began the building of their wall in 2600 BC so our wall is way overdue.
We left Beijing via train to Shanghai. While in Shanghai, we took a mag-lev train with speeds of 450 Kilometers Per Hour.
Shanghai, is a vast place, far broader in scope than New York City. The lights and the buildings are grand. The Chinese are incredibly advanced. Take a look at the photo below and the beautiful Shanghai skyline...
I would like you all to meet Charlie, she is the founder of Fit Thru Faith and is a Certified Fitness Trainer and a Health Coach. She wants to help you make the connection between faith, food, and fitness.
She started out at North Western University and then she got her MBA and ended up in the entertainment business. She was a film director and then a development executive and then she left entertainment as senior vice president of programming for a cable network. She has always liked being a Health and Wellness specialist. It helped her to be sustainable in her career.
Going out on your own is entirely different from the safety of the corporate world, and it takes a little while to get started. Having passive income would be a great benefit to starting a business. She recommends that if you have a professional career, you should consider the advantages of that strategy.
When she was young, she learned that food affects your energy level. She has had a spiritual calling to help...
Michiel runs a company called Producers Wealth which operates as a wealth management company. They work with producers, creators, professionals and general investors to protect and multiply their client’s wealth outside of Wall Street. They invest in alternative investments which do not rely on Wall Street. He says, “You are your number one asset, and your investments should be within your own business.” They create processes and systems to increase and multiply the investments of their clients. They work primarily with entrepreneurs and small business owners.
They focus on increasing your productivity by improving sales, marketing, and training. This helps you increase your income and your liquidity. Then they focus on helping you invest your earnings back into your own business. They use infinite banking which is a cash-flow strategy to park your money safely. They help you find favorable tax advisors and passive income generators.
Producers Wealth helps...
Ken started out in real estate investing with a two bedroom condo that he purchased using his own money. Now the company he founded with his partner Ross has over ten thousand units and 300 employees throughout the South West. He’s learned a lot about real estate as a property manager and has never looked back. Ross works on the construction of properties while Ken focuses on finding the opportunities and working with investors.
Currently, they are avoiding multi-family dwellings as the market seems overpriced. They are still looking for opportunities but are being careful. They are even selling some of their properties which are in overpriced markets.
Their focus is on the overall return to the investor, so the projects they invest in have to make money. They do their own analysis and do not rely on others optimism. He says, “You need to figure out all of the details to know if a property is going to be viable.” Many people have unrealistic expectations about...