Subscribe
Share
Share
Embed
Welcome to the West Side Investors Network, WIN, your community of investing knowledge for growth. This is the Real Estate Professionals Investing Podcast. For Real Estate Professionals by Real Estate Professionals. This show is focused on the next step in your career....... investing.
Welcome to the Westside Investors Network. Win, your community of investing knowledge for growth. This is the real estate professionals investing podcast for real estate professionals by real estate professionals. This show is focused on the next step in your career, investing. Thank you for listening.
Intro speaker:And please, if you like our content, rate us on your podcast provider. Just a quick disclaimer, the views and opinions expressed in this podcast are for educational purposes only and should not be construed as an offer to buy or sell any shares or securities, make or consider any investments, or take any other action.
Trent Werner:Welcome back to another episode of the Deal Deep Dive segment on the Westside Investors Network podcast. I'm your host, Trent Werner. In this segment, our featured guests will share their unique stories on a specific deal they've invested in. We will dive deep into finding the deal, financing the deal, writing an offer, and the due diligence. Do us a solid and smash that subscribe button, leave us a rating, and share this episode.
Trent Werner:And now, let's dive deep. Welcome back to the Westside Investors Network podcast. I'm your host, Trent Werner. Today, we are joined by Vanessa Alfaro, the founder of Venus Capital. We're gonna hear about Vanessa's entrepreneurial career in marketing, where she started three different businesses in three different countries before founding Venus Capital, a real estate syndication company.
Trent Werner:We're also gonna hear about Vanessa's ninety six unit deal in Missouri that's currently still active and going through refinance as we speak. Now let's welcome Vanessa Alfaro. Alright, Vanessa Alfaro, welcome to the Westside Investors Network podcast. I am super excited to hear about the Missouri deal that is going to be talked about a little bit later on. But before we get into that, I'd love to hear about your entrepreneurship journey that includes multiple businesses across multiple countries, and not all of them are real estate, which is fun to hear on this real estate specific podcast.
Trent Werner:So, Vanessa, thanks for joining us.
Vanessa Alfaro:Thank you. I'm super happy to be here. We rescheduled this a few times. Okay? I was sick back and forth.
Vanessa Alfaro:So this is one of the podcasts that I've been willing to and excited to be on. So thank you so much, Trent.
Trent Werner:Of course. And at anytime we get a very successful entrepreneur on the show, I'm excited to actually get this conversation going. Like you said, we did have to reschedule a couple of times, but it was worth the wait. Vanessa, you didn't start directly into real estate like a lot of the guests on the show did. Where did you start your entrepreneurship journey and what industry were you in?
Vanessa Alfaro:I was actually in the marketing industry. So I started my first business when I was 22 years old, and I I finished my career. I was actually a single mom. My daughter was two years old at that time. I decided I just didn't wanna work for anybody else.
Vanessa Alfaro:Okay. And it was very risky because I didn't have didn't have money or I didn't have, like, support for me to say, well, I'm safe and I can raise myself to start business with a child. But I did it anyway. And I think that that's one of the characteristics of an entrepreneur. We are so willing to put at risk our security.
Vanessa Alfaro:Like, I I don't believe that there is one entrepreneur that is really entrepreneur that is not take that amount of risk. Right? So I started that company and that was marketing company because even though I was in business school, okay, before business school, I was, in physics. So I wanted to be in astrophysics. Right?
Vanessa Alfaro:That was my dream. I'm a nerd inside, very nerd. I like you see my library books, like, I have physics books, quantum physics, like, everything about that. So and then I went to business school because even though I'm a nerd and I love physics, I love numbers, I also had this huge desire to do something and be an entrepreneur and make my own business and also make money because I didn't come from a family with money. And I always was concerned in why we can't do this, why we cannot buy this and blah, blah, blah.
Vanessa Alfaro:So I wanted to do my own business. I went to business school. And then, in order for me to pay for my college, okay, I was working as a model. So I was doing wrong way or whatever gig I could get, okay? I was a full failure as a model, okay, full failure.
Vanessa Alfaro:I was barely paying my bills with what I got, but that was the industry that it was. So for me to start a business in marketing, it was very natural because that was the environment that I knew. Right? So I started my first company in in marketing, and then my second was in marketing as well in a different country. I was born in Venezuela, so I speak Spanish.
Vanessa Alfaro:That's my first language. And after that, I went to Panama. I opened another marketing company and a trade show company with some other partners. Okay. More than a decade ago, I moved to The U.
Vanessa Alfaro:S. My husband and I have a production and a publishing company that is focused on the automotive industry, automotive industry in The US for the Hispanic market. So it's very, very niche. And and then at one point, I decided to move to real estate just because I believe that as an entrepreneur, you have that risk, but you also have to have passion. And what happened is that when you lose passion for what you're doing, that's a sign that you need to move to another company.
Vanessa Alfaro:You need to scale another company. You need to start something because at the end, that passion is that drives you as an entrepreneur.
Trent Werner:Yeah. I love, I love that. Because I mean, if you're not passionate about it, it's just like any job, right? Whether you're a W2 or an entrepreneur, if you're not passionate about it, it's really hard to be successful in. Right?
Trent Werner:And, you know, obviously you had passion in the marketing realm and niche and, you know, eventually that maybe burned out a little bit, or you kind of felt like you reached your plateau and all of a sudden you wanted a new challenge, a new endeavor that you can learn and grow yourself in. Right?
Vanessa Alfaro:Yes. And can I tell you what is exciting about real estate? Mhmm. Is that every property is like a new business. Yep.
Vanessa Alfaro:Each deal is a new business plan. It's like you're starting a new business, and it's the whole process of completing a business plan. So you find the deal, which is the product, and then you create a business plan. What are the projections, numbers for the people that is gonna work there? What's the marketing plan to bring that to success?
Vanessa Alfaro:Then you bring the investors into that property. It could be with a phone or just a syndication. And then you execute the business plan for five to seven years, and then you exit. Yeah. You go and go to another one.
Vanessa Alfaro:So it is as an entrepreneur, it's very exciting because for me, it's like each deal is another business. So I literally have 15 deals. I have 15 business on my plate right now.
Trent Werner:Exactly. Well, and with your with your marketing experience and creating businesses in the marketing industry, you already had that experience of starting from the ground up, executing a business plan, and going full cycle, you know, with those companies. And so to your point, you're just doing that more frequently in in syndications and real estate. Right?
Vanessa Alfaro:Right. Yeah.
Trent Werner:That's that's that's awesome. So what aside from, you know, real estate intriguing you, was there any one thing or a few things that, you know, all of a sudden you said, you know what? I want to go take some risk in real estate. What really got you into syndications?
Vanessa Alfaro:Right. So what everybody that is listening here, if if you are an if you're in real estate, okay, usually you got into real estate because you want generational wealth, you want passive income, okay? You don't want to just have a job to yourself. You want something that is creating income for you, your kids, or everybody has their own what. Right?
Vanessa Alfaro:And when I decided that I didn't want to be in the marketing or in the business that I have with my husband anymore, okay, I mean, I didn't want to be in the business, okay, then we were thinking about we always thought about real estate. We always thought about, hey, there is there is wealth in real estate. We should go and buy real estate. And my husband's family always had real estate in, in Panama. He's from Panama.
Vanessa Alfaro:And they had they created their wealth with real estate. So we were always talking about that. What if we go into real estate? And and my answer was, like, we need to learn really how to do this because I'm sure that there is a formula, and and we just just don't go and buy. And I do believe a lot in, you know, these personality assessments and understanding how everybody looks, their model of the world.
Vanessa Alfaro:And my husband has a very similar way not similar. A very, very not similar way to me to look at the world. Okay? I think that's why we complement each other. He is the kind of person that he likes to feel people.
Vanessa Alfaro:He likes to feel the property. He wants to see the place. So he will be one of those persons that go to the place and if he like it and he feels like he get a feeling that he's going to make money, he goes and he buys. Okay. I am completely the opposite.
Vanessa Alfaro:I am very analytical. I don't even wanna look at that place. Okay? Don't even take me there until I see the numbers and see what is really happening in that place. If I see that there is potential, then probably I will go and drive.
Vanessa Alfaro:Okay? I will probably do that first online, so I won't spend my time. So I am not attached to that feeling, okay, or connection that he made me. So, we decided, okay, let me study and learn, you know, how we're gonna do this. So I went to one of the one event, and, it makes sense to me.
Vanessa Alfaro:And as you know, I am a Korean nerd. I love numbers. So when they started talking about underwritings and numbers and accounting, I was, like, in love. And that's how I started. And I decided I was going to go to that route and I was gonna develop that part for us.
Vanessa Alfaro:Okay? And he was still making managing the other company, and I always joke with him that I am just his tax law. That's what I am. I'm just your tax law. So you make money, and I just make sure that we make it
Trent Werner:Yeah.
Vanessa Alfaro:Tax deductible.
Trent Werner:So with your husband's experience in real estate, you had that, your team had that background. Obviously, you have the the business side. No?
Vanessa Alfaro:Not really. He didn't have experience. His family make money. His grandfather makes money. He had no experience at all in real estate.
Vanessa Alfaro:And that's what scared me a little bit, even though I'm a very risky person. Okay? But, I am risky, but I know that they there is something that we need to learn. It's just, just don't go and buy a property. So I knew that I was like, this is what I want to do, but I want to learn.
Vanessa Alfaro:I want to make sure that I know what I'm doing because at that point I was learning about syndication. That doesn't exist in Latin America. At least I didn't know that exists. So we were learning about syndication, and it's it's, I mean, when you're playing with your money, it's one thing. But when you are taking other people money, right, that's a whole level of responsibility.
Vanessa Alfaro:And I want to make sure that I knew as much as I could. So I went, I learned, I paid for a coach. I still have coach after five years. I keep learning all the time. But, and I partnered with people that had more experience than me.
Vanessa Alfaro:So for my first three years, I just partnered with people that had twenty years of experience. They are still my friends. So I still keep asking the question. I think that we never stop learning on this business as well.
Trent Werner:Well, yeah. And to that point, that's, you know, that's why I enjoy real estate is because every deal is different. Every deal has new challenges and it's it's exciting to be to be blunt about it. It's it's just I love solving puzzles, and each deal is a puzzle that we get to solve.
Vanessa Alfaro:Great entrepreneurs are the ones that solve problems. And I do believe that the only problems that cannot be solved are the ones that are guided by the laws of physics.
Trent Werner:Mhmm.
Vanessa Alfaro:So but everything else can be solved. So I'm sure that you're a great entrepreneur.
Trent Werner:So now we we've we've heard about, you know, your career leading up to syndications. We're gonna talk about a 96 unit deal in Missouri today. We we were chatting before we started recording and, you know, you asked, do you wanna do you wanna, a deal with a lot of hair on it, a lot of troubles, or do you want a success deal? This one is one that you're still working on from what I understand, and it it has been a success to this point. So let's let's talk about when you bought this deal, this 96 unit in Missouri, why you guys wanted to buy it, and what the the plan was for this project.
Vanessa Alfaro:So we bought this deal about almost three years ago, and we found it from a a good friend of mine, a small broker in San Luis area. And the reason we like this deal is because it had a lot of value. The rents in the area were very, very low. We're talking about $500, 5 hundred and 50 when the area it was 815 $850, at least. So it was a lot of value add, and the deal was late seventies.
Vanessa Alfaro:Okay? Something that we usually don't buy. We like eighties, nineties product, but there was such value add, and and the price was right with whatever, probably 45,000 per unit. We, of course, had some issues with the deal because the deal had aluminum wiring, so we have to remediate that. We have to deal with insurance that, of course, when you buy a property with aluminum wiring, you have a very high cost on the insurance, and then we have to reinsure the property in order to lower the cost of insurance.
Vanessa Alfaro:But we we had a great price. We were in a very good area. I remember, we, of course, drove the property before we purchased the deal, and the area was really good. I was really surprised that that deal was in the middle of a really a b area. Okay.
Vanessa Alfaro:It was a c deal in a b area. And the seller was really not sophisticated. So he was he didn't have a property management. He had a very good guy working there. So, it had all the checkbox, mark for us to to get a really good return for our investors.
Vanessa Alfaro:And my partner, he came at the beginning. We wanted to buy that deal in an agency loan. So the plan was just let's buy this deal. It was almost $5,000,000. And then the whole renovation was going to be a million dollar just to renovate the deal.
Vanessa Alfaro:Let's buy this deal and let's keep it for five, seven years, and then we sell it. But then he is also a mortgage broker, my partner. So he's the one that do all my my most of my lending. And he came and he said, listen. This deal qualifies the perfect example for a bridge loan.
Vanessa Alfaro:So we're talking about two and a half years ago when everybody was buying an bridge loan. Yeah. And and he is a very conservative guy. He's very conservative. He would never tell you to buy something a bridge loan if he doesn't really feel it's a bridge loan.
Vanessa Alfaro:And, and I and I asked him, listen, Everybody's buying a bridge loan. I think that's very risky. And he told me this is the reason why this is actually the deal to buy in a bridge loan. Like, this is the amount of renovation that you need. You're actually flipping this.
Vanessa Alfaro:The value add is really high. You can prove that you can increase these rents, and in two years, the value is is is going to be to the roof. We can refinance this deal. Now two and a half years ago, a lot of syndicators were buying deals in a bridge loan just because they wanted to buy in a bridge loan, because they wanted to get higher leverage on the deal, but not for the real reasons that you buy a deal in a bridge loan. Does that make sense?
Trent Werner:Yeah. They were I mean, from my understanding of it is a lot of people were trying to use bridge loans to juice returns when, to your point, it probably didn't make sense to do that.
Ad speaker:And now here's a word from our sponsor. Get things done while you're on the move. Learn more about working with a virtual assistant through off-site professionals. It's a great way to get all the things done that you need to get done. Have freedom in your time and streamline your life by automating your business.
Ad speaker:Stop spending time on the tasks that you can delegate and start spending more time on your your superpower. Call us today at (503) 446-3177, or visit our website at off-siteprofessionals.com.
Trent Werner:Uptown syndication is now offering a syndication coaching program for you to take your real estate portfolio to the next level. This is your opportunity to have experienced syndicators, AJ and Chris Shepherd, coach you on your way to controlling your real estate investing future. Our coaching program will provide you with the tools and framework needed to begin syndicating real estate in your target market. Go to uptownsyndication.com today to learn more.
Vanessa Alfaro:It didn't make sense. Everybody just tried to get more LTV from the deal. So they get more money. They raise less money. But the the real basis of really buying using a bridge, they were not there for the deals.
Vanessa Alfaro:Okay? They were just expecting that in two years, the cap rate was going to be more compressed, and they were gonna be able to refinance. So they were betting, let's get let's raise less money, let's get more leverage, and where the cap rates are gonna keep going down, and then we're going to refinance. So they were bidding that in the future, the cap rate was going to be lower than what we're they're buying. And that way, they were gonna make money.
Vanessa Alfaro:But the basis, really, they were not there in the deal. Mhmm. In my case, the basis of getting a bridge loan were there. We had all the boxes checked. So we went into a bridge loan.
Vanessa Alfaro:We purchased the cap. So by the time the interest rate went to the roof, we had an insurance that was able to to cap our mortgage. And it was a very, difficult transition for the tenants because we're talking about 3 and $400 in rent increase. And it was I mean, we're talking about people that probably lived there for ten years. You know?
Vanessa Alfaro:So there is an also a human side there of how you're going to communicate this, how can you help the people that is there, how can you help them to go to someone to to another place. There is also it it is important to understand that we are talking about the homes of people that has been living in those places for so many year. Right? So we managed for two years, okay, to to most of the transition. I will say that probably 80% of the people was moved from this ran to probably, they moved to another place.
Vanessa Alfaro:They used section a to move to another place. Some people applied for section a and stay in our deal. Right? But the result of that is that in two and a half years, we were able to increase our income for what we projected, we will increase more than five years than our business plan.
Trent Werner:In two years?
Vanessa Alfaro:In two years.
Trent Werner:Yeah. Okay.
Vanessa Alfaro:So I remember in the business plan, I know this deal very well because we're right now in the middle of the refinancing. So in our business plan, by year five, we're going to have $842,000 in income. And by the end of second year, we were in 875,000, for example. So we went all above and beyond of our increase on income in the year five in year two. Mhmm.
Vanessa Alfaro:Now this is when the use is coming. What happened okay? So what happened, even if we increase our income more than what we expected in five years, What happened when we're trying to sell or refinance the deal if the cap rates are not compressed anymore, but the cap rates expand in some way that in some places, the the the cap rates are probably from six to seven, one hundred points more, probably more. We're talking about interest rates are probably six right now. They were 6.5, okay, a few months ago.
Vanessa Alfaro:So we're talking that the cap rate in that city went from a six to a seven and a half. So now when you analyze the deal at this point, and we do have a bridge loan that is is three years. So our business plan was always refinance the deal and actually keep the deal until year five. That was our original business plan. Now at this point, we have a higher income.
Vanessa Alfaro:We have a higher NOI, but we do have a higher cap rate. And even though with a high with the income of five years, with the situation that we are in the economy, the value of the deal is not enough for us to sell the deal. So if we wanna sell the deal and we were in a different situation, we will be we will be making two x of the money because our the cap rate will be probably 6%. But now we can't sell the deal at six. We have to sell probably at seven or at seven and a half, because of the area.
Vanessa Alfaro:And that means that the valuation is lower. So even for for good syndicators that has been managing their deals correctly, and they have they have been doing everything right. Like, what's happening in the environment is affecting the way that we are executing our business plan. So in a in a separate time, I will sell the deal. Now we can't sell the deal right now because the cap rates are too high, and then the price is not there.
Vanessa Alfaro:Now we're trying to refinance the deal. And now we're we're in a very good position to refinance the deal because we increased the NOI at that level.
Trent Werner:Right.
Vanessa Alfaro:So it's a it's a very interesting it's a very interesting deal that I wanted to talk about because, we still haven't finished. Okay? But that analysis of what's happening right now is affecting so many deals that it's important to to bring the attention. And and my investors are extremely happy. They know what is happening.
Vanessa Alfaro:And and and now if if we keep doing what we're doing, now in five years, probably things are gonna change, and we're gonna keep increasing our NOI, and we're gonna be able, even even if the cap raise does not compress, we're gonna be able to access successfully. We just have to wait. Mhmm. Does that make sense?
Trent Werner:Yeah. Of course. And so in those first two years, I know you said you had a a million dollar CapEx budget. In those first two years, obviously you talked about turning over tenants and all that stuff. What were you doing in terms of CapEx in those first two years?
Trent Werner:Obviously increasing rents is part of the business plan, but in terms of construction or remodel, were you guys doing anything in those first two years to the units, the exteriors, anything like that?
Vanessa Alfaro:Sure. We did a lot of exterior work, stairs, some parking lot. It was mostly exterior. And for the interior, we had a plan of renovating, 80% of the units. And with those units, we're gonna do very basic renovations based on what our comps actually shows.
Vanessa Alfaro:Right?
Trent Werner:Right.
Vanessa Alfaro:So when you're doing this business plan, you you always bring what is happening around you in order for you to bring that that rent to that level. And it was actually not really a lot of things that we needed to do to the units. We needed to paint the cabinets. We wanted to put the flooring. We wanted to do the resurface.
Vanessa Alfaro:And some we will have to change some of the appliances that were very old. But the comps were not showing that we needed to do more than that. So we needed to go we we didn't have to go and buy black appliances or like high end appliances or go and put a lot of technology in the building in order to achieve those rents. Okay? And every syndicator and and and if you're managing deals that you have a large, a a long, term business plan, you always have to review your business plan.
Vanessa Alfaro:Yep. So you always have to go every six months and see what's happening around. That's how we were able to increase the rents to year five because we're always checking. Okay. How are the other, properties doing?
Vanessa Alfaro:Are the other properties increasing? And we saw that the market was increasing 9% year over year. 9%. That was really high, really high. Where Austin is going negative, this market is still increasing 9% right now.
Vanessa Alfaro:Yeah. So, so you always have to review what's other properties doing, whether they adjust your your rents accordingly to the market. And we realized that we didn't have to over renovate or overspend in order to get to those rents in that area.
Trent Werner:And then you mentioned aluminum wiring. What did you what did the insurance require you to do, or what did you decide to do in terms of the aluminum wiring throughout the complex?
Vanessa Alfaro:Well, we always work towards the plan of refinance the deal with an agency loan. So we wanna make sure that whatever, remediation we're going to do in a aluminum wiring, that was according to the that was according to Fannie and Freddie stipulation. So that's what we did.
Trent Werner:Okay. So you didn't have to go in and rewire the entire complex?
Vanessa Alfaro:No. No. No. No. No.
Vanessa Alfaro:No. Actually, they don't require you to rewire the whole complex. They require you to use a specific way to remediate the the aluminum wiring.
Trent Werner:Got it. Okay. And so you you've talked about the the value add component of this project. When you were analyzing and underwriting this deal to begin with, I'm sure you had a projected value at five years, you know, based on your NOI at that time. Obviously, you hit the the NOI target way before five years.
Trent Werner:What's your plan after the refi? And did you hit that projected obviously, cap rates went up a little bit, so maybe the the value isn't what it was projected to be at. But where do you go after the refi, and how long do you anticipate holding this project now that you're going through the refi in
Intro speaker:year three?
Vanessa Alfaro:Yes. We usually increase our cap rate for 1%. One point. So we bought a six. We wanted to sell us probably 6.75.
Vanessa Alfaro:Okay. We we go in between 50 to one full point in the on the writing depending of the area. And as of right now, the cap rates does not allow us to sell at the price that we want, okay, in year five, but allow us to refinance and get a very healthy, you know, refinance and cash cash in for our investors. So our investors are gonna get some money in their pockets, you know, so we can cash out some investors. And then we're just gonna keep it.
Vanessa Alfaro:We're just gonna keep it for three more years. Okay? Our business plan was five to seven. So we still have time, and that's why we are very conservative when we're putting together a business plan. We always allow us enough time for us to implement the business plan because at the end, you don't know what's gonna happen.
Vanessa Alfaro:You don't have a crystal ball. Yeah. Right? So you have to be as conservative as you can. And it was very hard for us to raise money three years ago, and I'm gonna tell you why.
Vanessa Alfaro:Because we were competing with people that had crazy projections.
Trent Werner:Mhmm.
Vanessa Alfaro:Like, crazy. Just come here. I'm buying this. Stay for two years, and I will pay you three times your money, something like that. And and we were talking to people like, hey.
Vanessa Alfaro:We have this deal. This is a 22% annualized return. You stay between five to seven years, and you get a 7% return return. And they were like, but how is that possible if I can invest with x indicator and I can get three times my money, and then I will be there just for two years, and then I'm out? It's like, how can we compete with that?
Vanessa Alfaro:So we we are very lucky to have investors that are very savvy, okay, and and they understand how we look at things. And but three years ago, it was really hard for us to compete and raise money and put in front of our investor a plan where they will make the same amount of money in five, seven years that with another one in two years. Now what's happening with other two year those two year plans? That's another story that I don't know.
Trent Werner:Yeah.
Vanessa Alfaro:But you can see you can see in the news how many of those, properties has been taken back to the bank. I do have one deal that is actually in a lot of trouble with, with with the with the management team and with the bank, and we're now negotiating the deal with the bank so we can sell the deal. But except for that, all my other deals were five to seven years. So we're very lucky to get our investors, okay, that trust us and, belief in the way that we do things.
Trent Werner:Well, and one thing, like, how we operate is we're we're very conservative when it comes to our projections, our underwriting, the whole nine. And I think that's why we have a lot of repeat investors is because, you know, yeah, they could go find a 25% IRR in two years, three x multiple, multiple, you know, whatever it may be, but that's a lot more risky than, you know, what we're doing, what we're offering. And I think a lot of investors, especially the ones that are, you know, wanna just get exposure to real estate and not, you know, not do development opportunities or whatever it may be, they feel more comfortable with something that's already standing, already generating revenue because it's not, you know, a development project that's already in place. And they feel more comfortable with that conservative investment versus, you know, some of these developers or heavy value add with high leverage type deals.
Vanessa Alfaro:A %. And I will agree with you that a very good metric of how your company is doing is how many repetitive investors you have.
Trent Werner:Yep.
Vanessa Alfaro:So if if you have 80% of your business are always new investors, I think that's a problem because your investors are not sticking with you. But on the opposite side, if you have 80% of your investors either coming back or through a referral system, that takes a lot about your company and how you do things and how you manage things.
Trent Werner:Absolutely. Well, Vanessa, I appreciate you sharing about your Missouri deal. Is there a way that people can hear more from you, read more about you, connect with you on all the different socials or websites?
Vanessa Alfaro:Sure. In my website, if you go to my website, it's venuspartners.com venus partners Com. I do have a lot of resources. I have a section with an ebook that, we have created. We we're very into technology, very into artificial intelligence and ways to use technology to optimize our our processes and, actually, to optimize the the deal itself in order to create more return to our investors.
Vanessa Alfaro:So you will find in in my website a lot of resources and ebooks about how you can use AI, how you can use it as an entrepreneur. I have five tools that you can use right now for you to save time in your business. And, also, if you are a real estate investor, I do have another that have a little bit more of tools that you can use for your business as well. So I invite you to go and check the website and download one of those ebooks and and see if that creates value for your business.
Trent Werner:Love it. We'll make sure we link VenusPartners.com in the show notes and in the description here. Vanessa, again, thank you so much for joining us today and telling us about your entrepreneurial career as well as your real estate syndication life.
Vanessa Alfaro:Thank you so much. Really a pleasure to be here.
Intro speaker:Thank you for listening to this episode of the Real Estate Professionals Investing podcast on Wynn, your community of investing knowledge for growth. We hope that this episode has increased your knowledge and added value to your path to freedom. If you would, please take a second to rate us so that we can get more great investors to interview. If you or someone that you know wants to be on, please visit westsideinvestors.com and fill out our form to be on the show. Thank you again and enjoy your day.