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Real Estate Investing for Cash Flow with Kevin Bupp

Ep #236: Learn the Power of KPI's + How To Run a More Profitable Commercial Real Estate Investing Business -- with Diane Vrkic

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

4.9675 Ratings

🗓️ 2 July 2019

⏱️ 49 minutes

🧾️ Download transcript

Summary

In this episode of Real Estate Investing for Cashflow, Kevin welcomes real estate and technology expert, Diane Vrkic. Diane is the founder and CEO of Waypoint, a platform whose mission is to build tools that let real estate owners and operators capitalize on their data and maximize performance of their teams and portfolios.

In the podcast, Diane talks about finding her calling in real estate while being a medical student and how she came to identify some problems in the way the business operates. Diane then gives a detailed outlook on how Waypoint works and how the platform’s operational services differ in terms of the client’s company size. She also shares some important values in Waypoint’s company culture and how their team is motivated.

QUOTES:

 

“What you really have to do is to find something that you really love doing, it can’t just be the idea of what you’re doing, it has to be the day-to-day..”

“What’s really interesting to me about real estate is that all the information is done manually, and it’s done on a one-off basis for individual assets, the information is not able to be leveraged in a meaningful way and the work kind of sucks.”

“When you have wonderful, exceptional people, you have to enable them to be thinking above and beyond, so that you’re continuously driving value in ways that your competitors are not.”

“Every investment professional needs to have all of the information about every one of their investments at their fingertips—they can do that within Waypoint, and then they can essentially have a system that’s also working to support some of the work around tracking, managing, identifying when things are not working according to plan, and just allowing for there to be a system that is essentially a record for the day-to-day performance management.”

“The common thread at Waypoint is that folks are really intrinsically motivated.”


HIGHLIGHTS

  • 8:27 Diane’s background and how she got into real estate

  • 17:01 What led Diane to found Waypoint?

  • 27:03 How Waypoint works

  • 32:34 The ideal client size for utilizing Waypoint’s services

  • 37:32 Diane talks about company culture and hiring staff

Job Opportunities with my Team: Click Here

 

Recommended Resources:

  • Check out our company and our partnership opportunities by visiting SunriseCapitalInvestors.com
  • Would you like to partner with us on future MHP deals, call 844-CASH-FLW to learn more or click here to schedule a time on our calendar.
  • Grab a free copy of our book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them click here
  • https://waypointbuilding.com/

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Transcript

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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.

0:15.2

Get ready to celebrate because Kevin Bup has spent 14 years successfully making it happen.

0:21.7

This is the Real Estate Investing for Cash Flow podcast.

0:25.2

Now, here's Kevin Bup.

0:31.6

Hey guys, Kevin Buff here and I want to welcome you to another episode of the Real

0:35.4

Estate Investing for Cashflow podcast.

0:37.5

We're mission is to help you build and maintain massive amounts of cash flow through income-producing

0:42.6

real estate investments.

0:44.3

Our guest for this week's show is Real Estate and Technology expert, Diane Verkich.

0:49.2

Now, Diane is the founder and CEO of Waypoint, a cloud-based SaaS platform that connects

0:53.7

critical financial data, provides previously unavailable marketpoint, a cloud-based SaaS platform that connects critical financial data,

0:55.4

provides previously unavailable market indices, and automates key financial performance management

1:00.5

workflows. Additionally, WayPoint enables real estate investment firms to achieve greater

1:05.2

financial and operational performance and attract more capital and talent. Waypoint has a number of industry leading

1:11.9

real estate firms on its platform today and has amassed over 300 billion of assets under

1:17.1

management on its platform to date. Now here's what you're going to learn in our conversation

1:21.5

with Diane today. You're going to learn how Diane got her start in real estate while attending

1:25.5

medical school. You're going to learn how her passion

1:28.1

for real estate ultimately led her away from medical studies and into what she refers to as her

1:33.5

purpose and life. You're going to learn about the void that Diane identified within the commercial

1:38.8

real estate space that ultimately led her to start Waypoint. We're going to discuss the importance of identifying

...

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