Advertise on podcast: Multifamily Investor Nation

Whitney Elkins-Hutten of PassiveInvesting.com interviews Mike Novelli, principal of Cypress Brook, to dive into the intricate details of the 293-Unit Ariza Dripping Springs project in Dripping Springs, TX. This ground-up construction project in the heart of the Texas Hill Country faced unique hurdles, including strict environmental regulations and the engineering challenge of a custom, eco-friendly wastewater treatment plant. Mike shares his 30-year expertise in the apartment industry, detailing how his team navigates high-stakes developments—from rigorous subcontractor vetting to securing strategic HUD 221(D)(4) financing. Whether you're a passive investor or an aspiring developer, this conversation provides an invaluable look at the realities of modern multifamily real estate and successfully overcoming market volatility. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews apartment syndicator Shane Thomas, who shares his acquisition of the 290-Unit Avaya Steeplechase in Houston, Texas. He talks about getting this property through a cash-in refinance in 2021, when the interest rates were at an all-time low. Shane looks back on how he utilized a value-add business plan backed by a floating-rate bridge loan to renovate units and increase NOI. He also explains the consequences of not convincing every investor to contribute to the capital, as well as the right way to communicate with them about your real estate strategies. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Jose Berlanga, who has been building in Houston for decades, about the unique development playbook required for a build-to-rent community in a transitional neighborhood, especially when market conditions force a sudden pivot. Jose details his unexpected journey with the Barbara Rose 12-unit project, explaining how his team manages complex raw land acquisition, in-house entitlements, and the critical due diligence process that balances horizontal and vertical costs. Discover the struggle of bridging the construction loan to the permanent DSCR debt, the capital reserves needed to survive a market inflection point, and the sage advice on contracting and partnering to avoid common landmines for your first BTR development. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews David Lilley, Multifamily Investor, for a deep dive into the 249-Unit Creekside On Vantage in Dallas, TX. Discover the secrets behind acquiring and successfully managing a major multifamily property in a high-demand market, and learn the key lessons for profitable real estate investing. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Jacob Winn, an expert apartment syndicator, to discuss his latest successful venture: the 304-unit Carillon Bay acquisition in St. Petersburg, FL. Discover the strategies for successful multifamily real estate investing, the unique characteristics that made Carillon Bay an attractive deal, and the secrets behind syndicating large-scale apartment complexes in high-growth markets. If you're serious about passive real estate investment, you won't want to miss Jacob's insights into navigating the Florida market. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com  interviews multifamily expert John Makarewicz about the acquisition of Faris Residences Georgetown, a 66-unit deal in Georgetown, South Carolina. While initially hesitant about the 10,000-person market and the 1970s vintage of the property, John explains how his team saw the potential for a total top-to-bottom transformation. From replacing roofs to adding a dog park, they executed an aggressive 90-day exterior renovation that built immediate resident trust. Learn how they navigated a competitive bidding process, secured 5-year fixed-rate Fannie Mae debt with interest-only terms, and are now achieving rents that dramatically exceed their initial pro forma. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com  interviews multifamily syndication expert Caleb Webster about his recent acquisition: The Ranch, a 46-unit apartment complex in Gresham, OR. While Portland, OR is currently ranked 81st out of 82 markets for investor attractiveness, Webster reveals how he successfully closed a pocket listing by identifying a unique "financial value-add" opportunity. He dives into acquiring a well-maintained, 1976-vintage property where the seller's expense ratio was over 60%, detailing how cutting costs—such as reducing trash pick-up and self-managing the property—added a significant day-one NOI bump. Learn how his team secured incredibly competitive 5-year fixed interest-only debt from Chase and navigated the long closing period to make this deal pencil in a challenging environment. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews experienced apartment investor Brian Ferguson of Fergmar Capital about his most challenging acquisition yet: The Post, a 104-unit multifamily real estate property in Victoria, TX. What do you do when a potential deal is facing foreclosure, has collapsing carports, undisclosed fire damage, and a lender breathing down your neck? Dive into this conversation as Brian reveals the intense due diligence process, the shocking physical surprises (like 20 down HVAC units and failing roofs), and how his team successfully navigated a complex Fannie Mae assumption loan with a low 4.41% fixed rate. Learn about their non-traditional 80-20 capital structure and the unique marketing challenges of managing an all-bills paid distressed asset. This is a masterclass in turning a nightmare multifamily deal into a cashflowing success. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews multifamily operator Chris Lento as he shares his journey from aerospace engineer to scaling a nearly 1,000-unit portfolio and acquiring a $26M, 126-unit property in Conyers, Georgia. In this episode, Chris breaks down how he found the deal, navigated a competitive process, and secured it at an attractive basis. He also dives into underwriting, due diligence, capital structure, and the real challenges behind managing and improving a large multifamily asset. If you want a clear, real-world look at how experienced investors source, analyze, and execute large deals—while avoiding common pitfalls—this conversation delivers practical insights you can apply immediately. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Lane Kawaoka of The Wealth Elevator in this exclusive episode to deep-dive into the full lifecycle of a notable multifamily deal: Courtney Square Apartments, 96 units located in Huntsville, Alabama. Discover the unconventional acquisition strategy that secured this Class B property at a "smoking amazing" price of $50,000 per unit right before the market peaked. Lane reveals the strategic rationale behind putting long-term fixed-rate debt on the asset and how his team navigated the business plan amidst rising interest rates and "rent softness" that hit the market from 2022 to 2024. Most crucially, learn how Lane successfully executed an exit in 2025—a notoriously tough market—more than doubling investor returns and why holding onto the cash-flowing asset was not the best strategy for maximizing returns. This episode is packed with essential lessons on basis, capital deployment, and the evolving role of diversification for today's syndicator. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Michael Pansolini, who shares about his acquisition of the 18-unit Grand Central Mobile Home Community in Horseheads, New York. He explains how his institutional background and relationship with the local park owners played a role in executing his New York-specific strategy and sourced this off-market deal. Michael also discusses the ingredients of a good professional partnership, specifically when managing single-family homes within a mobile home park. Tune in to hear the full story and learn how you can master the mobile home park asset class. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Lisa Moore, a former finance executive turned multifamily investor, about the acquisition of the 18-unit Bernice Apartments in Lansing, a suburb of Chicago. What started as a seemingly turnkey deal quickly revealed unpaid tenants, inaccurate rent rolls, and a complex master lease negotiation. Lisa breaks down how she re-traded the purchase price from $2.1M to $1.7M, structured a bridge loan at 12% interest, and navigated evictions, squatters, and a property management change. She shares how her background in finance and her husband’s construction expertise helped them pivot the business plan, underwrite a heavy value-add, and position the asset for refinance. This is a candid look at what really happens during due diligence—and how experienced operators protect returns when deals get messy. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Sam Morris of LSCRE about the $44M acquisition of Discovery at West Road, a 280-unit multifamily property in Houston’s Cypress submarket. Sam explains how financial—not physical—distress created the opportunity and why certainty of close mattered more than being the highest bidder. He walks through in-house due diligence, uncovering operational issues, deferred maintenance, and the decision to replace on-site management immediately after takeover. The conversation also covers the 5-year Freddie Mac fixed-rate, interest-only loan at 65% LTV, the equity raise, a 7% preferred return with a 70/30 split, and how declining insurance costs in Houston improved the deal. Sam closes by sharing why location within Cypress ISD made this asset stand out and what he’d do differently next time. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Jon Siegel of RailField about the 288-unit Springfield Apartments in Durham, North Carolina, diving into every step of this multifamily acquisition. Jon shares how he first discovered the property, the twists and timing that led to closing the deal, and the challenges of assuming a Fannie Mae loan. He breaks down the detailed due diligence process, including inspecting units, evaluating the market, and navigating unexpected issues like outdated breaker panels, while ensuring insurance and taxes were managed effectively. The conversation also covers how he structured a programmatic joint venture with institutional partners, the hold and exit strategy, and the value-add approach for maximizing returns, offering listeners a clear, behind-the-scenes look at executing a complex multifamily investment with precision and foresight. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Caleb Johnson of Red Sea Capital Group to dive deep into a 14-unit studio in Van Buren, a redevelopment in the heart of Phoenix, Arizona and unpack the real-world challenges behind acquiring a bank-owned, 1940s-era property—from navigating hard money lending and skyrocketing rehab costs to pivoting business plans when co-living no longer penciled. Caleb shares candid insights on due diligence for vacant assets, negotiating purchase price, raising capital in a cautious market, and why experience and the right team matter more than chasing big returns. If you want a transparent, deal-level breakdown of how seasoned investors create value in today’s multifamily market—this episode delivers lessons you won’t want to miss. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com. Accredited investor? Explore our Real Estate Debt Fund targeting 8%-10% annual returns. $600mil+ in loans originated since 2020. Learn more at PassiveInvesting.com.