Jumpstart Philly Real Estate Radio Show
Lauren Donati: Design Studio 312
Season 1, Ep. 37
Spring is right around the corner and with it we’re going to see a lot of people put their houses up for sale on the market. And gnerally spring is a good toime to get all sorts of projects done around the house.Our guest today is someone who is going to give us some great tips on how to maximize our renovating budget, particuarly when it comes to interior design and staging.Lauren Donati is a life-long South Jersey resident with a diverse creative background. An enduring interest in design led her to an Interior Design program at Temple University in 2017, and after completion she began working with Design Studio 312, a local Interior Design and Staging company. Lauren specializes in innovative ideas and creative problem solving and loves to meet any client's challenge in order to create beautiful spaces, whether for staging or to be lived in every day.More recently she has begun giving presentations to real estate investors and rehabbers around the Delaware Valley about a variety of topics including design trends for the year ahead.In the episode she tells us what a "grandmillenial" is, why updating the laundry room shouldn't be an after thought, and how incorporating more wood elements (both real and faux) in the exterior and interior of a home can make it more appealing to prospective homebuyers.Website:DesignStudio312.comFacebook: DesignStudio312Instagram: @designstudio312
Aaron Fragnito: Peoples Capital Group
Season 1, Ep. 35
Today we’re going to change things up a bit and talk wtih an investor who doesn’t have any connection to Philly butdoes a lot of investing in denselypopulated urban areas so Ithink we can learn a lot from his experience. His name is Aaron Fragnito and he is a Co-Founder of Peoples Capital Group (PCG) in New Jersey.Aaron has completed over 250 real estate transactions, totaling more than $40,000,000 in Real Estate in his 10-year career.Aaron started off as a real estate agent but he soon caught the investing bug and today he and his partner focus primarily on buying apartment buildings in North Jersey. So, today, Peoples Capital Group (PCG) works with qualified investors to create passive returns throughcommercial real estate. Aaron and his partner are experienced in locating discounted apartment buildings for sale in Northern NJ and implementing a value add strategy to create max returns for their silent investors.Check out Aaron's podcast: Passive Cashflow NJ Commercial Investing PodcastHis Meetup: New Jersey Real Estate Network
Hoan Thai: I Escaped My 9 to 5
Season 1, Ep. 36
If you’re working a regular job and have ever dreamed of leaving your 9 to 5 going into real estate full time this interview is for you.Hoan “Houdini” Thai has a story that many of us can relate to. Hoan is a Philly-based investor with three main focuses. His foremost specialty is finding and acquiring cash-flowing investment properties in emerging neighborhoods,. He also is a private lender and he helps other real estate investors just starting out by offering in-depth coaching, training and networking through his website and Facebook group called “I Escaped My 9 to 5” so they can make their way in the real estate investing world.After Hoan graduated from college with a degree in engineering, he knew the very first day on his first professional job that he wasn't cut out for a conventional job working in a cubicle. He aspired to do something more entrepreneurial and real estate fit the bill. Unlike a lot of other entrepreneurial ventures where there are too many variables outside of one's control, real estate comes with a pretty straightforward roadmap, if you're willing to follow it and you know what you're doing. He liked the fact that once he knew how to analyze deals and source information to make well-informed buying decisions, the process was one he could "rinse and repeat.""When I saw thatthere’s the roadmap I can confidently use to do this, that was the difference," he says. "That was whatcaused me to escape. With real estate the answers aresuper clear. The roadmap wassuper clear."
Jaleel Kinsey: Jay Buys Philly
Season 1, Ep. 34
Today's guest is Jaleel Kinsey of Jay Buys Philly LLC, a real estate investor and wholesaler. Through a process of trial and error, Jay has developed an efficient system that works to keep his pipeline full and allows him to have the flexibility in his schedule to spend quality time with his wife and two daughters.In this interview Jay talks about how he discovered wholesaling real estate years ago before it was so popular, and shares a framework for figuring out what to focus on and what to farm out to other professionals or virtual assistants.Find Jay on Instagram: @JayBuysPhillyOn Facebook: @JayBuysPhilly
Ross Hennesy: Rigby Housing
Season 1, Ep. 33
The lack of affordable housing is a growing issue everywhere, but here in Philadelphia, the problem is particularly acute. In fact within the last decade Philadelphia lost approximately 20% of its low cost housing due to numerous factors.My guest today is Ross Hennesy and he’s the co-founder of Rigby Housing, a social enterprise firm that he operates with his partner Frank Reis, and which strives to provide affordable housing to low and moderate income residents in Germantown.Rigby Housing's philosophy is as follows:"By modestly renovating existing housing that is in poor or unsafe condition and managing from a place of neighborhood awareness, we help stabilize the price of rental homes. This buffers neighborhoods from volatile market forces, such as blight on one end and economic displacement on the other. We see ourselves as part of a much larger movement to provide "development without displacement" in Philadelphia and around the world."Rigby Housing aims to provide housing that is affordable to moderate-income residents , which means residents make less than 60% of the Area Median Income (AIM) as reported by the US Department of Housing and Urban Development (HUD) and spend less than 30% of their income on rent.
Ken Weinstein: Jumpstart 2.0 Commercial Real Estate
This year, 2020, marks the fifth anniversary of the Jumpstart Germantown program. What originally started in Ken Weinstein's Philly Office Retail location with two participants as a crash course introduction to residential real estate development has blossomed into a citywide movement with Jumpstart affiliates in Kensington, Tioga, Hunting Park, North Philly West, West and Southwest Philadelphia. In less than five years, Jumpstart Germantown has graduated 685 aspiring residential developers, and provided $15.9 Million in loans to finance the acquisition and renovation of 150 abandoned or neglected properties.Now we're expanding the Jumpstart concept again, this time to erase urban blight along Philadelphia's commercial corridors. We're calling it Jumpstart 2.0 CRE. It will continue the spirit of collaboration that Jumpstart is already known for, and will use a framework similar to what we've successfully deployed to spark redevelopment of single family houses.Jumpstart 2.0 will be aimed at helping residential developers make the transition to small scale commercial real estate development in Philadelphia. The program will consist of a 7-week, 21 hour curriculum to be conducted in person at Jumpstart Germantown Co-Working Community (4701 Germantown Avenue). The program will begin March 18. Application deadline is Feb. 9. You can learn more and apply at the Jumpstart Philly website.
Jim Bear & Judy Claypoole: Good fences make good neighbors
Season 1, Ep. 31
There’s a lot of real estate redevelopment happening across Philadelphia these days, both on a large scale and small.And while we all know that construction can be messy, there are times when you wonder if some rehab projects that are being done around the neighborhood are being done by professionals or by amateurs.Our guests in this episode are longtime Germantown resident Jim Bear and local real estate investor Judy Claypoole. In this episode they talk about the disruption that can happen on a street when a rehab project starts.
Stephanie Sena: From Tiny Houses to Cozy Cottages
Season 1, Ep. 30
Could tiny houses and small pre-fabricated dwellings be a solution to expanding the availability of affordable housing in Philadelphia? Stephanie Sena, founder of the Student-Run Emergency Housing Unit of Philadelphia (SREHUP), a nonprofit that works with university students to provide shelter for homeless people, will be our guest to talk about tiny house development.In this episode, Stephanie talks about her affordable housing solutions and about the development of “cozy cottages” on a formerly vacant lot in Port Richmond section of Philadelphia.
Kwame Gray & Rhakeim Miller: NOAH Investors
Season 1, Ep. 29
J. Kwame Gray and Rhakeim Miller are neighbors and friends who became business partners and investors in a Philadelphia real estate LLC called Ross Street Investments.Both of them are Jumpstart Germantown alumni and in this interview they talk about their investment philosophy and outlook when it comes to real estate development. They are both proponents of NOAH (naturally occurring affordable housing) investing and explain why it's so important to them to provide safe, comfortable, modern, affordable homes for their tenants.On the National Association of Affordable Lenders' website NOAH is described as an often overlooked strategy that can preserve existing housing found in urban and older suburban neighborhoods in danger of decline or gentrification."Now calledmiddle neighborhoods, these neither high-poverty nor affluent areasare the remnants of a vast number of one-time working-class and middle-class communities," says the article entitled Naturally Occurring Affordable Housing is Hiding in Plain Sight. "As we think about future housing policy, we need to be careful that we don’t focus somuch on increasing production of new housing—important as that is—that we lose sight of a vast resource of affordable housing hiding in plain sight that can be preserved for the long-term for a modest fraction of the cost of building new."Find Kwame and Rhakeim on Instagram: @Ross.Street.Investments