In this episode, Wayne talks to Nonna Pikiner, a real estate investor, about how to scale real estate in California. Through partnerships with reputable and experienced operators, Nonna has a real estate portfolio valued at almost $1 billion.
Nonna identifies promising financial opportunities for investors with various experience levels. She helps them accumulate wealth through asset diversification, tax-efficient passive income, and capital preservation.
Topics on Today’s Episode:
- Willingness to Learn: How Nonna got started in real estate investing
- 8-Unit Property: Challenge of not knowing who is going to take out the trash
- Refinance and Reinvest: Scale quicker in real estate with syndication
- Nonna’s Strategy: Passive to active investing and listening via partnerships
- Why Oakland, CA? Make multifamily properties perform in rent-controlled space
- Section 8: Government help with housing, but landlords uncomfortable w/ government
- Property Calculations: Review and evaluate cash flow, principal amortization, and value
- Eviction Moratorium: People unable to pay rent and landlords not able to do anything
- Smart Oak: Nonna’s next-generation multifamily real estate investment company
- Mission: Buy, operate, stabilize, and exit multifamily rental properties with shares
Links and Resources:
Nonna Pikiner
Nonna Pikiner on LinkedIn
SF Investor Social Club
Housing Choice Voucher Program – Section 8
CREI Partners
https://www.meetup.com/texas-multi-family-investor-meet-up/
https://www.passiveinvestorcoaching.com
Leave a Reply