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Impact investing isn’t just about returns—it’s about changing lives while building real cash flow.

In this episode, Dave Seymour shares how he went from firefighter and paramedic to starring on Flipping Boston—and ultimately into one of the most compelling impact investment models in real estate today: sober living facilities.

Now 36 years sober, Dave is combining purpose and profit by acquiring multifamily properties and converting them into recovery housing—creating strong returns through a “rent-by-the-bed” model while building environments that genuinely change lives.

We break down:

• How impact investing can outperform traditional real estate
• The sober living model (and why it works financially)
• The role of the Dover Amendment in scaling
• How insurance-backed outpatient programs boost revenue
• Structuring deals targeting ~14% returns over 24 months

This isn’t theory—this is a model where mission and margins align.

Support the show

For property evaluations you can reach me at 615-212-5524

Or Carson@passive.investments

Connect with me:

https://www.linkedin.com/in/carsonjones/

Other Episodes:

https://carsonscorner.media/

https://passive.investments/podcast/

https://www.youtube.com/@CarsonscornerCRE

Disclaimer: This podcast is for informational and educational purposes only and should not be considered professional advice. Always consult your attorney, CPA, or financial advisor before making any financial decisions. All investments and property ownership carry risk, including the potential loss of principal.

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What does it take to win a Pitch Slam in front of seasoned investors at one of real estate's biggest conferences? Justin Spillers — attorney, e-commerce entrepreneur, and founder of Real Estate Alpha — just did exactly that at the Best Ever Conference 2026, and in this episode he breaks down exactly how.

Justin's journey is anything but a straight line. He spent seven years as a corporate attorney during the early e-commerce and offshore manufacturing boom, then built a contract manufacturing and online brand business that surpassed $100 million in sales over five years. Today, he channels that legal precision and operational discipline into a laser-focused Midwest multifamily strategy — and investors are taking notice.

We dig into the nuts and bolts of Real Estate Alpha's playbook: targeting C-class apartment complexes along the I-75 corridor in Western Ohio, converting them to B and B+ assets, and doing it faster than nearly anyone else in the market. Justin's team underwrites roughly 1,200 deals per year to hand-select just two to four "home run" acquisitions — then executes with a fully vertically integrated operation that turns units in seven days or less (with a goal of 96 hours).

We also get into the preferred equity fund structure Justin built to give investors something rare: a fixed 12% annual return, 90-day liquidity after year one, a return-of-capital tax strategy that can defer taxes until year nine, and $31 million in existing portfolio equity serving as a protective buffer — with Justin putting in 50% of acquisition capital himself.

In this episode:

• Winning the Pitch Slam at Best Ever Conference 2026 — and the strategy behind it
• Why Justin's firm underwrites 1,200 deals a year to buy just 2–4
• The 7-day unit turn model and how standardization makes it work
• How his legal and e-commerce background shapes smarter deal structuring
• The preferred equity fund built around transparency, downside protection, and liquidity
• Why "nervousness is just a lack of preparation" — and how that mindset drives everything

Support the show

For property evaluations you can reach me at 615-212-5524

Or Carson@passive.investments

Connect with me:

https://www.linkedin.com/in/carsonjones/

Other Episodes:

https://carsonscorner.media/

https://passive.investments/podcast/

https://www.youtube.com/@CarsonscornerCRE

Disclaimer: This podcast is for informational and educational purposes only and should not be considered professional advice. Always consult your attorney, CPA, or financial advisor before making any financial decisions. All investments and property ownership carry risk, including the potential loss of principal.

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What does it actually take to build a $2.7 billion real estate platform from scratch?

Joe is the co-founder of Ashcroft Capital, a firm managing roughly $2.7B in assets across 14,000 doors through large-scale multifamily investments. He's also the creator of the world's longest-running daily real estate investing podcast, co-author of the Best Ever Apartment Syndication Book, and founder of the Best Ever Conference — one of the largest real estate gatherings in the country.

But what stood out most wasn't the scale. It was the mindset.

Joe went from the youngest VP at a New York City ad agency to closing an $6M, 84-unit multifamily deal in Cincinnati — and never looked back. He built his platform the old-fashioned way: showing up every single day, doing what he said he'd do, and then a little extra.

In this episode we cover:

• How Joe transitioned from Madison Avenue to managing billions in real estate
• Why he committed to a daily podcast for 2,000 straight days — and what it built
• What actually separates successful operators from everyone else
• His current investment focus: Class A & B multifamily with a distress component
• Why integrity compounds just like capital

Support the show

For property evaluations you can reach me at 615-212-5524

Or Carson@passive.investments

Connect with me:

https://www.linkedin.com/in/carsonjones/

Other Episodes:

https://carsonscorner.media/

https://passive.investments/podcast/

https://www.youtube.com/@CarsonscornerCRE

Disclaimer: This podcast is for informational and educational purposes only and should not be considered professional advice. Always consult your attorney, CPA, or financial advisor before making any financial decisions. All investments and property ownership carry risk, including the potential loss of principal.