Skyline Views

Skyline Views is a podcast for real estate investors, both passive and active. Chris Mills covers v ... more

Latest Episodes

39

March 08, 2021 00:34:24
SV39: Charlotte and Alternative Investments w/ Billy Keels

SV39: Charlotte and Alternative Investments w/ Billy Keels

Many of us invest in real estate for the freedom and relative control that it provides. What if you could build a lifestyle that allows you to live wherever you want, invest wherever you want, and experience that freedom on your own terms? My guest this week is doing exactly that. Billy Keels is a fellow problem-solver, international real estate entrepreneur, author, mentor, and host of the Going Long Podcast.   Alternative Investments are a great compliment to your overall portfolio. Billy and I discuss some of the opportunities he’s found to compliment his real asset investing. We also discuss the Charlotte, NC MSA and what led Billy to invest there.   Key Points: Billy shares his background and how he got into real estate (0:37) How and why Billy selected the Charlotte, NC MSA (5:07) Billy’s top two criteria for choosing a market (9:01) Should you invest where you live, or choose a market strictly on investment criteria? (10:59) If you are considering moving from part-time into full-time real estate, what is the best time to make that move? (14:15) Billy shares his thoughts on what opportunities 2021 will bring and the investment landscape moving forward (15:57) Opportunities in the energy sector for accredited investors (18:24) Why types of underlying assets are in these energy investments? (21:35) Thoughts around ESG investing and voting with your dollars (23:21) How and why Billy got his capital working through ATM machines (24:10) Billy Keels shares his thoughts on what is more important than money (27:22) How to choose complimentary investments to benefit your real estate portfolio (28:43)   Resources: Billy’s website - http://billykeels.com/   Billy’s LinkedIn - https://www.linkedin.com/in/billykeels/   Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – ...

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38

March 01, 2021 00:19:04
SV38: Miami and Creative Commercial Strategies w/ Kristine Flook

SV38: Miami and Creative Commercial Strategies w/ Kristine Flook

Miami real estate is flying off the shelves right now. Asset classes are not only recovering strong from 2020, but Miami as a whole proved a lot more resilient than in past downturns. In a market that is white hot, sometimes it takes creative commercial strategies to get the deal done. In this episode of Skyline views we dive into the numbers of how Miami fared in 2020 and why. If you are interested in Miami real estate investment in 2021, whether it’s in multifamily, retail, luxury SFH, especially on the development side, this episode is for you.   My guest today is Kristine Flook of Urbanize properties, a boutique South Florida brokerage team. She represents buyers and sellers of multifamily and commercial properties. Kristine will source cash flowing properties for investors through networking, hustle, and proven investment skills. In this episode, we also discuss opportunities surrounding dark properties, off-market properties, and how important it is to know the right people.    Key Points: Kristine explains how she got her start (0:31) Kristine and I discuss the numbers and how Miami fared in 2020 (1:44) Drivers behind different asset classes in Miami (3:33) Tax benefits behind being a Florida resident (5:18) Little know nuggets about Miami neighborhoods (6:03) Dark property conversions (9:01) Finding off-market properties  (10:45) Coming opportunities and opportunistic areas in Miami in 2021 (11:55) What should investors be looking for when they’re looking online at Miami? (13:30) Resources that Kristine uses to stay on top of things (15:12) Kristine shares what she does in her free time (15:55)     Resources:   Kristine’s LinkedIn – https://www.linkedin.com/in/kristineflook/   Urbanize Properties – https://urbanizeproperties.com/   Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/   Learn more about ...

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37

February 22, 2021 00:26:26
SV37: Ottawa and SFH Investing w/ Nick Kyte

SV37: Ottawa and SFH Investing w/ Nick Kyte

Why would you pull your capital and deploy it in a different country? Why Ottawa? Canada, our neighbors to the north, have a lot of opportunities presenting themselves in 2021. My guest this week is Nick Kyte of Coldwell Banker First Ottawa Realty. We discuss the Canada markets, the differences in the process, short term rentals, and second/retirement homes. Nick is a great resource for anyone looking into the possibility of investing in Ottawa or Canada.   Key Points: Nick’s background (0:40) Canada as a safe haven, and the 3 major centers of influence (1:37) What’s unique about luxury real estate in Canada? (4:55) Nick explains the differences in the process for foreign investors (6:25) There are some differences in the process between purchasing in the US and purchasing in Canada (8:29) Commercial purchases in Ottawa (10:43) Short term rental market update (11:39) Are secondary properties more risk or more opportunity? (12:59) Landlord tenant laws in Canada (15:36) Resources for researching investing in Canadian markets (17:39) How Canadians stand out (23:02)   Resources: Nick’s website - https://nickkyte.com/main   Nick’s LinkedIn - https://www.linkedin.com/in/nickjkyte/   Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/   Learn more about The Haney Company here – https://www.thehaneycompany.com/   Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050   Subscribe on Spotify, Apple, Google, Stitcher, iHeart.   ...

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36

February 16, 2021 00:40:14
SV36: Advanced 1031 Exchange Techniques w/ Dave Foster

SV36: Advanced 1031 Exchange Techniques w/ Dave Foster

Savvy investors use 1031 Exchanges on a regular basis as a part of their overall investment strategy. A bit more complex are techniques like Construction Exchanges and Reverse Exchanges. The way these advanced 1031 Exchange techniques can play in and be taken advantage of will definitely take your investing game to another level. Today’s guest shares invaluable insights into these Exchanges, their history, and the role they play in your investment tool belt. Knowing how and when to employ the advanced 1031 Exchange techniques we discuss in this episode is key, and Dave Foster returns to Skyline Views to explain all that to you.   My guest Dave Foster is a degreed accountant, Qualified Intermediary, and serial real estate investor. He has decades of experience helping investors like you maximize their returns through tax saving strategies. If you read Legacy 101 and are implementing your Century Plan, those strategies will be key to your success. Key Points: Dave explains his background and interest in real estate (0:45) The history of the 1031 Exchange (2:00) The origin of the timeline of the 1031 Exchange (4:52) A reverse exchange, how it came about and how it works (7:44) What issues come up in the Construction 1031 Exchange as a result of hang ups in the construction process? (16:49) Construction management agreements in the Construction Exchange (19:55) Safe Harbor for 1031 Exchanges (20:50) A reliable backup in case your construction process falls short (23:03) Dave explains what he’s seeing in the market (25:20) Retirement strategies involving 1031 Exchanges (27:28) Dave’s thoughts on 2021 (32:05) Factoring in the cost of money (35:30)   Resources: The 1031 Investor Educational Resources - https://www.the1031investor.com/   Whatever Happened to Penny Candy? – https://www.amazon.com/Whatever-Happened-Explanation-Economics-Investments-dp-0942617649/dp/0942617649/   What’s a DST? – http://whatsadst.com/   Is your real estate portfolio running like ...

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35

February 09, 2021 00:25:06
SV35: Tribe Investing w/ Travis Smith

SV35: Tribe Investing w/ Travis Smith

Pooling capital is a long-standing way of making your money go further in investing. However, it’s not as simple as it sounds. There are a lot of things that you should be aware of going into a partnership. There are also a lot of logistics regarding making it work smoothly.   My guest today founded Tribevest after an unfortunate experience trying to get into real estate with his brothers. Now he is on a mission to help others avoid the same pain. Travis Smith is leading Tribevest to solve the financial collaboration problem and evolve as his customers’ needs do. We talk partnerships, structure, and the other ins and outs of tribe investing.   Key Points: Travis relays his background (0:54) The math and philosophy behind the benefits of pooling capital (2:58) How tribe investing spreads risk and allows you take advantage of more opportunities (4:42) What is the average and ideal tribe? (6:07) How do you know if your prospective team members would make a good tribe or not? (8:35) What kind of investments work best with tribe investing? (12:43) Real estate as part of your overall portfolio (15:02) Knowing when and how to dissolve your tribe (17:40) Best practices regarding dissolving partnerships (20:17)     Resources: Tibevest - https://www.tribevest.com/   Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/resources/   Learn more about The Haney Company here – https://www.thehaneycompany.com/   Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050   Subscribe on Spotify, Apple, Google, Stitcher, iHeart.   ...

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34

February 01, 2021 00:26:03
SV34: Passive Syndication Investing w/ Lane Kawaoka

SV34: Passive Syndication Investing w/ Lane Kawaoka

This week’s guest is an engineer turned real estate investor. Lane Kawaoka is now living the dream in Hawaii, and doing what he loves thanks in part to the passive portfolio he’s been able to build over the years. He sits down with me for this episode of Skyline Views to discuss his investing strategy, analyzing deals, and analyzing markets.   Key Points: How Lane got his start in real estate (0:22) The first and sometimes biggest stumbling block for investors (1:07) The role of the 1% rule (2:14) What KPI does Lane take into account when first considering a new MSA? (3:01) Safety in how you buy and how you run your numbers up front (6:23) Lane’s systems for organization and management (8:48) Emergency fund 2.0 (10:42) What attracts Lane to a syndication deal (13:47) How is Lane structuring his portfolio these days (15:14) The new asset class Lane is looking at in 2021 (17:52) What markets is Lane looking at in 2021? (20:18)     Resources: Lane’s Website - https://simplepassivecashflow.com/   Is your real estate portfolio running like a well-oiled machine? Do you know how you stack up? Find helpful resources here – http://mrcdmills.com/   Learn more about The Haney Company here – https://www.thehaneycompany.com/   Know any new parents? Order them a copy of Legacy 101 here – https://www.amazon.com/Legacy-101-Practical-Christopher-Mills/dp/0692684050   Subscribe on Spotify, Apple, Google, Stitcher, iHeart.   ...

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