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354: From Rookie Mistakes to Syndicating BIG Deals with Nichole Stohler

354: From Rookie Mistakes to Syndicating BIG Deals with Nichole Stohler

FromBiggerPockets Real Estate Podcast


354: From Rookie Mistakes to Syndicating BIG Deals with Nichole Stohler

FromBiggerPockets Real Estate Podcast

ratings:
Length:
75 minutes
Released:
Oct 31, 2019
Format:
Podcast episode

Description

From single family to multifamily to hotels!On today’s show, Nichole Stohler sits down with Brandon and David and discusses her journey from purchasing a single family home to syndicating hotels! Nichole has a fascinating story that started with losing the first house she bought, grew into recommitting herself to learning the asset class of real estate, and ended with massive success through big deal syndications.You’ll love the advice she shares about managing managers, scaling the right way, and dealing with tenants according to three irrefutable laws. She goes on to discuss keeping properties clean, choosing the right partners, and analyzing economic factors when choosing a hotel or apartment complex.Nichole reveals tons of great tips when it comes to building wealth through various asset classes of real estate. This show has something for everyone!In This Episode We Cover:Her 3 irrefutable rules for dealing with tenantsHow she scaled from SFH to multifamily and hotelsHow she manages her managersWhat she learned from her first deal that lost her moneyWhy she committed to really learning the asset class of real estateWhy having clean apartments is so important to tenant relationsWhy so many investors make the mistake of not focusing on asset managementWhy she turned to hotels when she couldn’t find anything in the multifamily spaceHow the 1031 exchange impacted her capital gains and depreciation recaptureWhich economic drivers she looks for when choosing a property to buyWhat she’s learned about operating syndications in the hotel spaceAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets ProEmail Us: podcast@biggerpockets.comBiggerPockets Podcast 345: “Vivid Visions” and 90-Day Sprints—Brandon’s Approach to Mobile Home Park Investing (and Life!)BiggerPockets EventsGoodReadsJo NesboCamilla LäckbergBiggerPockets BookstoreCheck the full show notes on BiggerPockets: http://biggerpockets.com/show354See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 31, 2019
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.