#268: Heavy Value-Add Investing, Operating within Rent Control Markets, and Finding the Positive Even in the Toughest of Times – With Max Sharkansky

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Reit, Consultant, Syndication, Seniorliving, Retail, Kevinbupprealestate, Acquisitions, Realestate, Selfstorage, Donaldtrump, Assistedliving, Apartmentinvesting, Flow, Shoppingcenter, Kevinbupp, Coach, Investing, Kevinbuppflorida, Foreclosure, Realestateinvesting, Cashflowinvesting, Office, Business, Entrepreneur, Cashflow, Commercial, Real, Industrial, Education, Mergers, Trainer, Shortsale, Millionaire, Investments, Privatelending, Legacywealth, Funding, Podcast, Multifamily, Broker, Estate, Apartments, Commercialrealestate, Experts, Mobilehomeparks, Cash, Privatemoney, Valueadd, Hedgefund, Robertkiyosaki, Defaultedpaper

4.9 • 675 Ratings

🗓️ 31 March 2020

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Max Sharkansky is the co-founder of Trion Properties and oversees all aspects of acquisition, disposition, and property analysis for the firm. Since founding Trion Properties, Max has led the acquisition, renovation and disposition of over $300,000,000 in mismanaged and distressed assets.

Prior to co-founding Trion Properties, Max was a Senior Associate at Marcus & Millichap from 2002 through 2006. While at Marcus & Millichap, Max managed the sale of several million dollars in real estate throughout the continental United States, specifically in the multifamily arena, elevating him to one of the top-ranking brokers in Los Angeles.

What You’ll Learn:

How Max got started in RE shortly after college as a Multifamily broker with Marcus and Millichap.
How Max transitioned from the distressed debt side to owning the physical assets.
What specific fundamentals changed leading into 2007 that signaled that there might be uncertain times ahead.
How Max and his team define “Heavy Value-Add” and why they prefer this type of opportunity versus a more stabilized asset.
The formula that his team uses to ensure that they never over improve an asset to where the return doesn’t justify the cost of improvements made.
How Max navigates operating in states that have a high risk of rent Control restrictions.
Why Max prefers a vertically integrated property management and construction versus outsourcing to a third party firm.
And much, much more…

Recommended Resources:

Check out our company and our investment opportunity by visiting SunriseCapitalInvestors.com
Self Directed IRA Investment Opportunity – Click HereTo Learn More About How You Can Invest With Us Through Your SDIRA
Accredited Investors Click Hereto learn more about partnering with me and my team on Mobile Home Park deals!
Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them Click Here
Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Transcript

Click on a timestamp to play from that location

0:00.0	You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it.
0:09.4	But you're tired of all the so-called gurus who are all talk and no substance.
0:15.3	Get ready to celebrate because Kevin Buck has spent 14 years successfully making it happen.
0:21.6	This is the Real Estate Investing for Cash Flow podcast.
0:25.2	Now, here's Kevin Bup.
0:29.9	Hey guys, Kevin Bup here, and I want to welcome you to another episode of the Real
0:33.8	Estate Investing for Cashflow podcast, where our mission is to help you build and maintain massive amounts of cash flow through income
0:40.6	producing real estate investments.
0:42.8	Now, our guest for this week's show is Real Estate Expert Max Sharkansky.
0:47.2	Now, Max is the co-founder of Tri-on Properties and oversees all aspects of acquisition,
0:51.6	and property analysis for the firm. Since founding
0:55.3	Tri-On Properties, Max has led the acquisition, renovation, and disposition of over $300 million
1:00.8	in mismanaged and distressed assets. Now, prior to co-founding Tri-on Properties, Max was a senior
1:07.0	associate at Marcus and Milchap from 2002 through 2006.
1:15.0	While at Marcus and Milchap, Max managed the sale of several million dollars in real estate throughout the continental United States, specifically in the multifamily arena,
1:19.7	elevating him to one of the top ranking brokers in Los Angeles.
1:23.3	And here's what you're going to learn in our call with Max today.
1:25.6	You're going to learn how Max got started in real estate shortly after college as a multifamily broker with Marcus and Milchap.
1:31.7	You're going to learn how Max transitioned from the distressed debt side to owning the physical
1:35.6	assets. You're going to learn what specific fundamentals change leading into the 2007 financial
1:41.2	crisis that signaled that there might be uncertain times ahead. You can learn how
1:46.0	Max and his team define heavy value add and why they prefer this type of opportunity versus a more
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Kevin Bupp, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Kevin Bupp and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.