Having a Long-Term Approach as a Real Estate Investor - Charles Carillo

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Welcome to the next episode of our podcast! Today, we're diving deep into the world of real estate investment with our esteemed guest, Charles Carillo, founder and managing partner of Harborside Partners. With over $200 million worth of real estate transactions under his belt since 2006, Charles brings extensive knowledge and experience in renovating and repositioning multifamily and commercial real estate.

In this enlightening discussion, Charles shares invaluable insights into the industry, discussing topics ranging from industry changes, challenges, and opportunities for investors to the transition from residential to commercial properties and syndications. He delves into the challenges of managing Class C properties and the decision-making process behind selling them, as well as the impact of interest rates on property valuations and deal flow, particularly during election years.

Charles also explores the consideration of alternative asset classes such as ATM funds for passive investors, drawing from his experience investing in diverse assets like ATMs, early-stage companies, and oil and gas. He addresses the challenges of explaining market conditions to less sophisticated investors and offers insights into rent increases due to rising property taxes and expenses.

Additionally, Charles discusses how lenders are extending terms to avoid foreclosures during challenging times, providing valuable perspectives for both seasoned investors and newcomers alike.

Tune in now to gain exclusive access to Charles Carillo's wealth of experience and unlock the keys to success in the ever-evolving world of real estate investment. Whether you're an experienced investor or just starting out, this episode promises to inform, inspire, and empower. Don't miss out!

TIMESTAMPS

01:09 - Guest Introduction: Charles Carillo

01:42 - Industry changes, challenges, and opportunities for investors

05:52 - Transition from residential to commercial properties and syndications

08:06 - Challenges of managing Class C properties and decision to sell them

11:50 - Impact of interest rates on property valuations and deal flow

15:43 - Impact of rate cuts during election years on real estate investments

18:34 - Consideration of alternative asset classes like ATM funds for passive investors

20:43 - Investing in diverse assets such as ATMs, early-stage companies, and oil and gas

23:37 - The challenges of explaining market conditions to less sophisticated investors

25:44 - Expect rent increase due to rising property taxes and expenses

26:38 - Lenders are extending terms to avoid foreclosures during challenging times

Connecting with the Guest:

Website: https://harborsidepartners.com/

Linkedin: https://www.linkedin.com/in/charleskcarillo/

Instagram: https://www.instagram.com/harborsidepartners/

Facebook: https://www.facebook.com/CharlesKennethCarillo/

#LongTermInvesting #RealEstateInsights #DiversifiedInvestments