Episodes

  • 184: From Left Field to Passive Pockets: A Journey of Community and Collaboration

    184: From Left Field to Passive Pockets: A Journey of Community and Collaboration
    Sep 1 2024
    Welcome to a special episode of Passive Investing from Left Field! In this episode, we’re thrilled to announce a groundbreaking partnership between Left Field Investors and Bigger Pockets, resulting in the creation of Passive Pockets. Join us as the founders reflect on our journey, discuss the benefits of this new chapter, and share how this merger will elevate our community to new heights. Don’t miss this deep dive into the future of passive investing! Key Points From The Episode: Left Field Investors is merging with Bigger Pockets to form Passive Pockets, a new community dedicated to passive investing. The merger aims to combine resources, enhance educational tools, and expand the community's reach while maintaining its core culture. The founders discuss the alignment of missions between Left Field Investors and Bigger Pockets, focusing on education and community. The new platform, Passive Pockets, will offer enhanced resources and support, ensuring the continued growth and success of the community. Timestamps: (02:32) The mission of passive pockets (04:44) Accelerating through joining together (08:24) Maintaining LFI culture (10:00) Partnering with bigger pockets will help the community (12:53) LFI through the years (15:09) How LFI helps members invest (17:33) Being part of LFI through the years (22:23) Did LFI accomplish what they set out to do? (24:18) Why is community so important? (27:26) Best memory of LFI (31:33) One thing that is preserved as they move to Passive pockets (25:08) What will we get out of the merge (39:16) Final thoughts Resources Mentioned: Contact us at: jimpfeifer@biggerpockets.com Advertising Partners: Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh https://www.leftfieldinvestors.com/books/
    Show more Show less
    39 mins
  • 183: Overcoming Challenges in Real Estate with Joe Fairless

    183: Overcoming Challenges in Real Estate with Joe Fairless
    Aug 25 2024
    Joe Fairless and the Best Ever Conference team would like to invite you to BEC2025 and have provided a discount for Passive Investing from Left Field Listeners. Please enter "LFI25" at checkout for a discounted price of $795. You can register at this link: https://besteverconference.regfox.com/bec-2025 In this episode of Passive Investing from Leftfield, we're thrilled to have Joe Fairless, co-founder of Ashcroft Capital, join us. Joe shares his incredible journey from the advertising world to real estate investing, managing over $2.7 billion in assets. Tune in as we discuss navigating market challenges, the importance of vertical integration, and the future of apartment investments. Don't miss Joe's valuable insights and advice for both new and seasoned investors! Now Next and How to Take Advantage in Multifamily by Joe Fairless PDF: https://drive.google.com/file/d/1bhYwz9Bngnl-09f6gOIV7ukgebdxRwT0/view?usp=sharing About Joe Fairless Joe Fairless is the Co-founder of Ashcroft Capital, managing over $2.7 billion in assets. Beyond his role at Ashcroft, Joe created the "Best Real Estate Investing Advice Ever Show," the longest-running daily real estate podcast globally, boasting over 500,000 monthly downloads. Joe is a proud Texas Tech Alumni Advisor Board member for the College of Media and Communication and has been honored as an Outstanding Alumni at Texas Tech University, where he also served as an Adjunct Professor. He actively contributes as a Junior Achievement Board Member and Volunteer for the Cincinnati chapter and has been inducted into the Junior Achievement’s Free Enterprise Society. Joe also volunteers at Crossroads Hospice and was named Multifamily Investor of the Year by Think Realty Magazine. Together with his wife, Joe founded Best Ever Causes, supporting 69 non-profits over the past 65 months. Here are some power takeaways from today’s conversation: 01:55 His journey 09:53 Transitioning into multifamily 15:20 “Best Ever” 17:15 Becoming vertically integrated in Ashcroft 19:55 Why is he focusing on certain markets 24:25 Navigating market problems 30:06 Capital call process 37:58 Lessons learned from capital calls 45:22 How LPs should view operators who have had some trouble 48:15 Podcast Recommendations 48:25 Contact Joe This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Podcast Recommendations: Jim Rome- https://www.youtube.com/channel/UCTwARLMzm9weYBOqR3LS1jw Resources Mentioned: Contact the guest: Social Media LinkedIn https://www.linkedin.com/in/joefairless/ Website: https://ashcroftcapital.com/ Advertising Partners: Midloch: https://midloch.com/ Left Field Investors: https://www.leftfieldinvestors.com/ Rust Belt Capital https://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suh https://www.leftfieldinvestors.com/books/
    Show more Show less
    57 mins
  • 182: Captain Hoff on the Explosive Growth of AI, Startups, and Venture Capital

    182: Captain Hoff on the Explosive Growth of AI, Startups, and Venture Capital
    Aug 18 2024
    In this episode, we dive deep into the world of AI, startups, and venture capital with none other than Steven Hoffman, also known as Captain Hoff. As the CEO of Founders Space and a veteran of Silicon Valley, Steve shares his insights on the future of AI, how to navigate the startup ecosystem, and the best strategies for investing in the next big thing. Whether you're an investor, entrepreneur, or just curious about the future, this episode is packed with valuable insights you won't want to miss! About Steve Hoffman Steve Hoffman, known as Captain Hoff, is the Chairman & CEO of Founders Space, a global venture builder with over 50 partners in 22 countries. A seasoned entrepreneur and venture investor, Hoffman has founded multiple startups, authored several award-winning books, and played a pivotal role in the Producers Guild of America and the Academy of Television's Interactive Media Group. He pioneered interactive television with Spiderdance and led mobile game development at Infospace. Hoffman's Founders Space is recognized as a top startup hub, where he has trained hundreds of founders and consulted for major corporations worldwide. He holds degrees in computer engineering and film and television, and while based in California, he frequently travels globally to engage with startups and innovators. Here are some power takeaways from today’s conversation: 02:05 His background 03:24 Start-up terminology 05:37 The ultimate goal 07:04 Success rate of the startup companies 08:46 Who qualifies? 16:55 AGI 21:04 Will AI take over the world in the future? 27:42 What AI startups are worth investing in? 31:23 How the smaller AI startups can stay ahead of the big guys 33:45 Finding the right start up companies to invest in 37:27 How investors can find venture funds 39:07 How does blockchain interact with AI? 40:45 Podcast recommendations This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Resources Mentioned: Podcast Recommendations:Business Wars Podcast- https://wondery.com/shows/business-wars/Founder's Space Podcast- https://www.foundersspace.com/podcast/ Resources Mentioned: Contact the guest:Social MediaLinkedIn https://www.linkedin.com/in/foundersspace/ Facebook https://www.facebook.com/groups/foundersspace Advertising Partners: Vyzer:https://vyzer.co/ Left Field Investors:https://www.leftfieldinvestors.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/
    Show more Show less
    48 mins
  • 181: Bonus Episode - Syndication Secrets: Empowering Investors with Russell Gray REPLAY

    181: Bonus Episode - Syndication Secrets: Empowering Investors with Russell Gray REPLAY
    Aug 11 2024
    Join us for a replay of this insightful episode as we sit down with Russell Gray, financial strategist and co-host of The Real Estate Guys Radio Show. Russell shares his journey from real estate to syndications, offers invaluable lessons from economic history, and provides strategies for navigating today's financial landscape. Whether you're a seasoned investor or just starting out, this episode is packed with actionable advice to help you achieve financial freedom. Don't miss out on this wealth of knowledge! About Russell Gray Co-Host of The Real Estate Guys Radio Show; co-Founder of the Syndication Mentoring Club; founder of the Main Street Investor Mentoring Club; partner with Ken McElroy, George Gammon, Jason Hartman, and Robert Helms in the Collective Inner Circle Master Mind; co-author Equity Happens; regular contributor to Mike Maloney's Gold Silver Show; financial and business strategist; champion of American liberty. Here are some power takeaways from today’s conversation: 01:38 His real estate journey 14:38 The great reset 39:06 Should you focus on income rather than appreciation? 47:02 Advice to LPs to analyze deals and buy the correct one instead of the hyped deal 53:51 Podcast recommendation 56:00 Contact Russell 56:33 Thank you This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Resources Mentioned: LinkedInhttps://www.linkedin.com/in/russellwgray/ Podcast Recommendations: The Woj Pod: https://podcasts.apple.com/us/podcast/nuggets-coach-michael-malone/id1470466331?i=1000600562916The Rebel Capitalist Show: https://podcasts.apple.com/mt/podcast/the-rebel-capitalist-show/id1492584441Ken McElroy Real Estate Strategies: https://podcasts.apple.com/us/podcast/ken-mcelroy-real-estate-strategies/id1465180254 Advertising Partners: Left Field Investors:https://www.leftfieldinvestors.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/
    Show more Show less
    1 hr and 2 mins
  • 180: Navigating Real Estate in 2024: Strategies and Insights with Big Mike

    180: Navigating Real Estate in 2024: Strategies and Insights with Big Mike
    Aug 4 2024
    Join us on the Passive Investing from Left Field podcast as we dive deep into the world of real estate investing with our special guest, Mike Zlotnik, also known as Big Mike. In this episode, we explore the current distressed real estate market, strategies for passive investors, and how to navigate the challenges of today's high-interest environment. Don't miss Big Mike's valuable insights and advice for making smart investment decisions in 2024! About Mike Zlotnik Mike, the current CEO of TF Management Group LLC, has been a real estate fund manager since 2009. A retired software executive, he began investing in real estate in 2000 and now manages various real estate funds, including multiple growth and income-focused funds. Known as "Big Mike" in real estate circles due to his stature, he is more renowned for his personal integrity and keen understanding of the financial aspects of successful real estate investing. A former political refugee from the USSR, Mike is now an American citizen and a patriot, residing in Brooklyn, NY, with his wife and four children. He holds a Bachelor’s degree in Mathematics from Binghamton University and is an active member of several real estate and investor mastermind groups such as Collective Genius, Freedom Founders, Venture Alliance, and CA Investors (Private). Mike is also the author of "How to Choose a Smart Real Estate Investment Fund," available on Amazon, and hosts the "Big Mike Fund" podcast, accessible at BigMikeFund.com or on iTunes. Here are some power takeaways from today’s conversation: 02:05 His background 05:59 What he uses from the past to invest today 10:10 When to invest? 16:47 His investment cycle process 23:04 Conversion asset class 26:38 Advice to LP investors 34:54 Podcast Recommendation36:00 Contact Mike This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Podcast Recommendations:Freedom Founders David Phelps - https://www.freedomfounders.com/ Resources Mentioned: Contact the guest:Social MediaJoin his fund: https://bigmikefund.com/LinkedIn /mzlotnikYouTube @tfmanagementgroupllc123Facebook zlotnikm Advertising Partners: Midloch:https://midloch.com/ Left Field Investors:https://www.leftfieldinvestors.com/ Rust Belt Capitalhttps://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/
    Show more Show less
    40 mins
  • 179: Life by Design: Real Estate Investing with Good Egg's Annie Dickerson

    179: Life by Design: Real Estate Investing with Good Egg's Annie Dickerson
    Jul 28 2024
    Join us as we sit down with real estate expert Annie Dickerson, co-founder of Good Egg Investments, to discuss the transformative power of passive income and life by design. Annie shares her journey from teaching to mastering real estate syndications, offering invaluable insights on empowering women in investing, effective communication with investors, and the importance of thorough due diligence. Don't miss this inspiring conversation! About Annie Dickerson Annie Dickerson, a real estate investing expert with over a decade of experience, has garnered acclaim as the Real Estate Investor of the Year by the Motley Fool. Alongside her partner Julie Lam, she co-founded Goodegg Investments, recognized as the Best Real Estate Syndication Company in North America by Build Magazine. Their firm has facilitated over $1.4 billion in commercial real estate investments, impacting countless investors nationwide. Annie and Julie are renowned authors, hosts of the Life & Money Show podcast, and architects of the esteemed Real Estate Accelerator mentorship program, guiding individuals in raising private capital for their real estate ventures. Here are some power takeaways from today’s conversation: 01;45 Her journey 07:41 Is she active or passive? 14:38 Life by Design 17:27 Good Egg Investments 19:28 Barriers when starting a real estate journey 30:24 Good Egg- Vetting and operating 34:00 The current market38:38 Capital calls 45:10 Podcast recommendations 46:42 Contact Annie This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Podcast Recommendations:Arm Chair expert with Dax Shephard: https://armchairexpertpod.com/ Resources Mentioned: Contact the guest:Social MediaSpecial Audience Giveaway:Passive Real Estate Investing 101 - http://passiveinvesting101.com/YouTube https://www.youtube.com/c/GoodeggInvestmentsFacebook https://www.facebook.com/goodegginvestmentsInstagram https://www.instagram.com/goodegginvestmentsPodcast: Life and Money Podcast: https://podcasts.apple.com/us/podcast/life-and-money-show/id1493486187 Advertising Partners: Midloch:https://midloch.com/ Left Field Investors:https://www.leftfieldinvestors.com/ Rust Belt Capitalhttps://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/
    Show more Show less
    53 mins
  • 178: From High Risk Distressed Debt to the SAFE Method in Self-Storage: Tom Dunkel’s Evolution

    178: From High Risk Distressed Debt to the SAFE Method in Self-Storage: Tom Dunkel’s Evolution
    Jul 21 2024
    In this episode of Passive Investing from Left Field, I sit down with Tom Dunkel from Belrose Storage Group. We dive into his fascinating journey from the aerospace industry to mastering self-storage investments. Tom shares his insights on the SAFE method for passive investing, the impact of the pandemic on the self-storage sector, and his strategies for achieving long-term financial stability. Whether you’re an aspiring real estate investor or a seasoned pro, this episode is packed with valuable advice and inspiration. Tune in now! About Tom Dunkel Tom, the managing director of Belrose Storage Group, has a background in corporate finance and nearly 30 years of real estate and investment experience. He manages the firm's financial underwriting, playing a critical role in creating win-win deal structures that ensure achievable investor returns. Since 2006, Tom has specialized in discounted asset opportunities nationwide. His financial savvy, open communicative manner, and integrity have helped alternative investors achieve their wealth-building goals. Here are some power takeaways from today’s conversation: 01:37 his background 09:07 Benefits of commercial real estate vs others 14:22 The self-storage market 17:13 The S.A.F.E. Method 26:18 How LPs can avoid mistakes 31:24 Where they are located 33:30 Podcast Recommendation 34:22 Contact Tom This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Podcast Recommendations:Cashflow connections: https://cashflowconnections.com/podcast/ Resources Mentioned: Contact the guest:Social MediaLinkedIn https://www.linkedin.com/in/tomdunkel/Facebook https://www.facebook.com/tom.dunkel Advertising Partners: Midloch:https://midloch.com/ Vyzer:https://vyzer.co/ Left Field Investors:https://www.leftfieldinvestors.com/ Rust Belt Capitalhttps://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/
    Show more Show less
    39 mins
  • 177: Green Coffee Company: Revolutionizing the Coffee Industry with Adam Jason

    177: Green Coffee Company: Revolutionizing the Coffee Industry with Adam Jason
    Jul 14 2024
    Join us on Passive Investing from Left Field as we chat with Adam Jason, the entrepreneurial force behind Green Coffee Company. Discover how Adam transitioned from a corporate lawyer to a coffee industry innovator in Colombia, turning coffee byproducts into profitable ventures and aiming for a 5x return on investments. Don't miss this insightful episode on sustainable coffee practices, the challenges of operating in Latin America, and the future of the coffee industry. Subscribe and hit the bell icon to stay updated! About Adam Jason Adam Jason is a Partner of Legacy Group. Before joining Legacy Group, Adam worked for two international law firms, Jones Day and Vinson & Elkins, where he advised leading Fortune 500 companies and investment banks in the areas of corporate finance, corporate governance, securities regulation and international business transactions, and represented them in public and private debt and equity offerings exceeding an aggregate of $10 billion. Here are some power takeaways from today’s conversation: 01:42 His journey 06:07 How they vary from the norm in their industry 08:36 What have they done differently than big companies that helped them succeed? 12:00 Operating in Latin America as a US-based company 14:07 Small farm scaling up 15:31 Weathering inflation 18:27 Mistakes passive investors make in their asset class21:27 Coffee is a recession-free product 22:42 Underwriting his deals 26:05 Biggest risk with this asset class 28:55 Where is the product located? 32:10 Podcast Recommendations 33:08 Contact Adam This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting. Podcast Recommendations:All in Podcast: https://www.allinpodcast.co/ Resources Mentioned: Contact the guest:Social MediaLinkedIn: https://www.linkedin.com/in/adam-jason-98a22612/YouTube: https://www.youtube.com/@legacygroup9109/featuredGreen Coffee Company Products only available in the US: https://www.greencoffeecompany.com/ Advertising Partners: Midloch:https://midloch.com/ Vyzer:https://vyzer.co/ Left Field Investors:https://www.leftfieldinvestors.com/ Rust Belt Capitalhttps://rustbeltcapital.com/ Tribevest: https://www.tribevest.com/ Avoiding Rookie Errors as a Left Field Investor: 20 Lessons Learned From 14 Years of Passive Investing in Private Syndications by Steve Suhhttps://www.leftfieldinvestors.com/books/
    Show more Show less
    39 mins