Show notes
Jon Siegel is Co-Founder and Chief Investment Officer of RailField Partners, an investment and asset management firm focused on multifamily real estate. At RailField, he has primary responsibility for acquisitions, dispositions, and financing. Prior to forming RailField, Jon was a founding partner of J.S. Watkins Partners, an advisory firm that has advised clients on over $25 billion of multifamily transactions. Clients included large financial institutions and other prominent industry players. Jon also served as Director of Acquisitions at NHP Incorporated, the largest owner and manager of multifamily real estate in the nation, where he was responsible for transactions involving the purchase of the real estate, partnership interests, and operating companies. [00:00 - 04:58] Opening SegmentIntroducing Jon to the show!His experience as an acquisitions officer[04:59- 19:08] Setting Realistic Expectations During The Investment ProcessCreated a plan and kicked off the companyManages a portfolio of apartment complexes worth half a billion dollarsThe importance of setting expectations during the investment processHow to identify properties that are a good fit for the investor[19:09 - 32:55] The Disconnect In The Market Between What Buyers And SellersThere is a potential for interest rates to increaseThe cost of borrowing money could lead to higher equity requirements in real estate dealsThe loan-to-value ratio is shrinkingWhat is causing a disconnect in the market between what buyers and sellers[32:56 - 40:35] Closing SegmentJon appreciates the collaboration between oneself and others is key during these difficult times See the links below to connect with Jon!Quotes:"If we look at it from a long-term perspective, at least we know that if there's a problem, we can get through the problem because I think over time, in real estate, it always goes up.” - Jon Siegel“Do business with people that you can trust, that have a good reputation." - Jon Siegel Connect with Jon through Website & LinkedIn! Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities. I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments fast. Support the Show.