Whitney Elkins-Hutten of PassiveInvesting.com interviews Caleb Johnson of Red Sea Capital Group to dive deep into a 14-unit studio in Van Buren, a redevelopment in the heart of Phoenix, Arizona and unpack the real-world challenges behind acquiring a bank-owned, 1940s-era property—from navigating hard money lending and skyrocketing rehab costs to pivoting business plans when co-living no longer penciled. Caleb shares candid insights on due diligence for vacant assets, negotiating purchase price, raising capital in a cautious market, and why experience and the right team matter more than chasing big returns. If you want a transparent, deal-level breakdown of how seasoned investors create value in today’s multifamily market—this episode delivers lessons you won’t want to miss.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Robert Martinez about his acquisition of the 118-Unit Waterchase Apartments in Humble, Texas. Instead of going down the usual investing route, Robert has decided to do a recapitalization and use a five-year floating-rate bridge loan. He breaks down his unique free structure, the attractiveness of long-term ownership, and what it takes to navigate a pretty scary and unpredictable real estate market. Don't miss this masterclass in asset management and value creation.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Nick Stageberg of Black Swan Real Estate, a dynamic real estate private equity firm, as they dive deep into the fascinating world of distressed multifamily acquisition. Stageberg unpacks the complex purchase of Rainbow Plaza Apartments, a 105-unit "Franken building" in Anoka, Minnesota. He reveals the strategy his firm used to navigate buying this distressed asset from a nonprofit, including the shocking detail of doubling the Net Operating Income (NOI) on the day of closing. The discussion goes tactical as they detail the highly unusual, but highly favorable, financing stack: assuming a low-rate Freddie Mac loan alongside a "Soft Pay Loan" from Mercy Housing with optional debt service. Discover how Black Swan structures their deals with the Secure Freedom Fund to deliver a secure 10% fixed rate of return to investors, proving that a mission-driven approach to affordable housing can be a powerful engine for profit.