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The Best Ever CRE Show

JF3702: Scaling to 500M AUM, Off-Market Deals, and Achieving 72% IRRs in Storage & MHP ft. Matthew Ricciardella

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 23 October 2024

⏱️ 38 minutes

🧾️ Download transcript

Summary

Amanda and Ash welcome Matthew Ricciardella, the principal and managing partner of Crystal View Capital. Matthew shares his journey from residential flipping to managing over 25,000 units in mobile home parks and self-storage facilities. He discusses the importance of passive income, key performance indicators in management, and the strategies he employs to source off-market deals. Matthew also highlights the impressive returns his funds have delivered to investors and the challenges of navigating a competitive market. He emphasizes the significance of building strong relationships with investors and the lessons learned from scaling his business. Matthew Ricciardella | Real Estate Background Managing Partner & Principal at Crystal View Capital Portfolio: 100+ assets (self-storage and manufactured housing communities) 25K+ unit/sites managed $500M+ AUM Based in: Las Vegas, NV Say hi to him at: www.crystalviewcapital.com LinkedIn Sponsors: Altra Running   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm a pretty avid runner and recently my foot have been bothering me for running so much

0:05.7

Then my friends at ultra running send me a pair of shoes to try

0:09.9

I got the experience flow which is a road running shoe and I can't tell you how

0:15.4

surprise I am with how comfortable these shoes are. My foot pain is gone and

0:19.9

running has never been more enjoyable. The thing with Ultra is that every pair has a roomy toe box

0:26.0

and I could immediately tell a difference.

0:28.0

My feet aren't crammed in or squished.

0:30.0

They're super comfortable.

0:32.0

Ultra also makes their shoes zero to low drop,

0:35.0

which basically means your heel isn't elevated off the ground

0:39.0

like some other shoes, which is great for enhanced balance

0:42.0

and keeping your feet in a more natural position.

0:45.0

It's all day comfort that you really do need to feel to believe.

0:49.0

And right now, you can try a pair risk-free with a free 30-day trial.

0:54.0

So try them out, and if they're not for you,

0:56.7

send them back for a full refund.

0:58.6

Just head over to ultra-running.com

1:00.7

and find your new favorite pair of shoes today. That's a L-T-R-A- running

1:06.0

com. Stay out there with Ultra. Places come in all shapes and sizes.

1:11.0

Whether it's a three-story town home or a 300 square foot condo,

1:15.2

apartments.com will help lease them all. Because no matter what kind of rental property you own,

1:20.7

apartments.com believes that every landlord from big to small deserves access to the most

...

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