The growth of professional soccer had led to a bumper crop of stadiums all around the country. Behind much of that growth is Justin Papadakis Chief Operating Officer and Chief Real Estate Officer of the US Soccer League.Over the past four years, he has facilitated an unprecedented surge in soccer-specific and mixed-use stadium developments anchoring economic live, work, and play projects across the country.

0:00 Introduction
1:28 The growth of soccer in the U.S. 
3:38 Stadiums as a city anchor
6:57 From baseball to soccer in Pawtucket
9:57 Pitching stadiums to cities
12:50 Stadiums in cities vs. suburbs
17:05 What cities are good targets for new stadiums? 
20:09 The use of public-private partnerships in stadium development
25:32 Community feedback and real estate development
29:10 The impact of stadiums for investors 
32:41 Deciding stadium size 
36:42 Changes in the viewing experience

This episode is sponsored by Origin Investments.

We've talked a lot on this podcast about investing in real estate deals but today we are going to look at deal structuring. And who better to ask than a lawyer. Daniel Cocca is a  lawyer, entrepreneur, real estate investor, and Co-Founder at Alpha Investing. He's a New York City corporate attorney by trade but now serves as Managing Director and Principal of Alpha Investing, and has capitalized over $3B of acquisitions over the past six years.

0:00 Introduction
1:20 Starting off as an investor
2:44 The value of an operating agreement
3:33 Structuring an operating agreement
4:46 What investors need to know about limited partnerships
7:12 Understanding waterfalls
9:12 What is private placement? 
10:25 The SEC's role in private investments
13:36 The impact of the current real estate market 
17:13 What the bond buying taper could mean
19:32 How sponsors get started
23:31 Origin Investments ad
24:52 How to put a deal together
26:24 What is mezzanine financing? 
29:08 Understanding capital calls 
31:21 Impact of supply chain concerns
34:56 What inflation means for real estate
38:40 Hot markets for multifamily
43:18 Minimum holds for Alpha Investing
49:21 Alpha Investing's plans to scale 

This episode is sponsored by Origin Investments.

The problems of affordable housing in this country are likely going to be solved through a mix of public and private partnerships. That's probably a lot easier said than done and few people understand that more than my guest today, Pete Carroll from CoreLogic. Pete oversees Corelogic's industry and public sector engagement programs and prior to joining CoreLogic he held positions at Quicken Loans, Wells Fargo and the Consumer Financial Protection Bureau. 

0:00 Introduction
1:12 A look at Build Back Better and what it means for housing
8:19 The impact of upzoning 
11:13 Changes in housing policy 
16:40 How to speed up housing development 
21:16 Impact of eviction moratoriums 
27:28 Paths to equitable homeownership 
35:24 Migration and climate change 
38:33 What investors need to know about climate change 

This episode is sponsored by Origin Investments.

Today we are diving into all things self-directed IRAs with John Bowens of Equity Trust. John is a senior manager at IRA custodian Equity Trust Company. John draws from his 15 years in the real estate industry and his experience as an active real estate investor. In his travels across the U.S. and virtually, he has trained 50,000 investors during more than 300 workshops and classes, spreading the message about the power of building tax-free wealth and leaving a lasting legacy by investing in what you know best. 

0:00 Introduction
1:31 Core benefits of SDIRAs
5:16 SDIRAs and depreciation
8:29 Roth and Traditional IRAs
12:08 Rules of investing in IRAs
14:38 NFTs and crypto
15:44 SDIRA custodians
18:09 Managing an SDIRA
21:10 Things to look for in a custodian
27:26 Investing in crowdfunded real estate deals
30:53 Understanding UBIT
40:56 The use of passive losses
45:15 The impact of tax fear 
47:41 Fair market valuation
51:06 Potential tax changes 

This episode is sponsored by Urban Catalyst. 

Managing properties remotely is easier than ever due to a wide variety of technologies. Jim Netska of PointCentral discusses the use of sensors, cameras, and smart-home technologies and where the short-term rental industry is heading as a whole. 

0:00 Introduction
1:05 Smart home adoption 
2:23 What PointCentral does
4:55 Safety and security concerns 
7:01 Who PointCentral is for
8:45 Evolution of keyless entry
10:32 Rise of flexible renting 
12:08 What property managers are thinking about today
13:21 Importance of Wi-Fi
17:37 Urban Catalyst ad 
19:48 Use of sensors
23:21 Using noise sensors 
24:56 Cameras and privacy 
27:29 Remote monitoring 
29:21 Changing attitudes toward seasonality in rentals 
30:57 Labor and automation 
33:00 Connecting to different types of rental software
33:44 The short-term rental market in five years 

This episode is sponsored by Urban Catalyst. 

The short-term rental market has changed dramatically since the pandemic. Bookings fell but then rose quickly due to remote work and school. Now in our evolving world, more guests than ever are looking at short-term or flexible solutions. To talk about this wild ride and more in hospitality is Mike Liverton, the founder of Jetstream Hospitality Solutions, a company that provides tech solutions for short-term rental operators. 

0:00 Introduction
1:06 How Mike got into hospitality tech
5:08 Dynamic pricing in short term rentals
6:05 The return of condo hotels 
7:06 How short term rentals have evolved
8:44 What does guest delight mean for Jetstream 
10:24 The value of multilingual communication 
12:20 AI and translation
13:18 Short term rental trends across different companies 
16:04 The flexible rent trend 
18:07 Urban Catalyst ad 
20:14 Investor demand for short-term rentals
21:49 How to evaluate short-term rentals
22:49 Impact of high prices 
24:25 How Jetstream helps investors 
25:52 Airbnb's need for hosts
27:14 Brand building for short term investors
28:25 Vetting software integrations
29:40 Mike's transition away from CEO

This episode is sponsored by Urban Catalyst. 

Rentify is a technology platform to help property owners and managers improve their ability to screen prospects and identify ideal residents. It uses an AI-driven approach that replaces credit checks with a comprehensive analysis of prospects’ overall financial picture that leverages bank data. In this episode, we talk about the uses of artificial intelligence and how spending behavior shows a more comprehensive tenant picture. 

0:00 Introduction
1:18 Artificial intelligence and tenant screening
2:19 Building the Rentify system
3:19 How Rentify's AI works 
4:47 Going beyond the credit check
6:10 Building a long-term relationship with tenants 
6:49 Credit score inflation
7:57 Chad's experience as a landlord
9:45 Why credit checks are so expensive
10:56 The current rental market
11:47 The rise of the flexible rental 
12:47 Impact of eviction moratoriums 
13:24 Working with institutional landlords 
15:30 Urban Catalyst ad
17:28 Differences between screening in U.S. and Canada
18:56 Chad's eviction horror story
19:49 Chad's experience in technology 
20:49 Rentify and cybersecurity
22:51 The risk of identify fraud
25:00 Concerns over hacking
25:44 Uses of anonymized data
28:03 What spending habits show about tenants
30:28 The issue of subleasing
31:15 A single solution for tenant applications 
32:26 State and local restrictions 
33:15 Biggest landlord concerns right now
34:04 Rentify in 5 years 

This episode is sponsored by Urban Catalyst. 

What sets CityVest apart is that it raises capital for Access Funds that then invest in high-quality private equity real estate funds that usually have very high investment minimums, putting them out of reach for most investors. Here to talk about this and more is CityVest CEO Alan Donenfeld.

0:00 Introduction
1:10 What CityVest does
3:02 What funds invest in
3:53 Getting started with CityVest
6:31 Current deal flow
9:23 Using SDIRA capital
11:10 Understanding deal documents
12:57 The value of being a major investor
17:16: K1s and Taxes
18:43 Due diligence
21:28 Urban Catalyst ad
23:24 Lessons from the pandemic
26:24 Sectors CityVest looks at 
29:46 Reasons to be optimistic about student housing
31:48 CityVest and workforce housing 
34:19 Thoughts on blockchain and tokenization
37:21 The potential impact of inflation
40:29 The future of CityVest