Raising Private Money to Fund Your Commercial Real Estate Deals
Learn all about how to raise money from private individuals. Once you acquire this skill, the sky is the limit!
Wealth is code for freedom. If you want to be a millionaire, it’s probably because you want control over your time and the freedom to spend it with the people you love. I road-tripped to LA for a conversation with Paul Morris, co-author of the New York Times Bestseller Wealth Can’t Wait, to discuss the 7 Wealth Traps that hold people back, the 3 Rules of Investing to avoid losing money, and how he achieved health, wealth and freedom through real estate investing!
Your chances of doing even a 60-unit multifamily deal on your own—with no track record—are very slim. But if you work with Nighthawk Equity, my partnership with Mark Kenney, you can leverage our reputation to secure that critical first deal. Today I am on the line with Mark to discuss what prompted his transition to full-time real estate investing, how his story is consistent with the ‘law of the first deal,’ and the process of working with Nighthawk.
For passive, everlasting cashflow, multi-family is the way to go. Today I am speaking with Jack Bosch, a real estate investor with a unique background in flipping land who eventually made his way to apartment building investing. Listen as he explains why he would have liked to get into multi-family sooner, and his best advice for breaking into the space with no prior experience.
MB 075: How to Harness the Power of Crowdfunding Even If You’re a Newbie – With Jilliene Helman, CEO of RealtyMogul
Crowdfunding platforms like Realty Mogul are looking for sponsors with a track record, so if you don’t have one—find someone who does. Today I’m on the line with Jilliene Hellman, CEO of Realty Mogul, to discuss what qualifies as a good deal and how aspiring syndicators might take advantage of partnering with a larger real estate company to secure capital via crowdfunding.
What gives a 27-year-old with no experience in multi-family the audacity to swing for the fence? Listen in on my call with Patrick Duffy as he shares the steps he took to partner with me on a 69-unit property in Memphis, how he made use of the act ‘as if’ approach to secure a letter of intent, and his best advice for working with investors. Learn how doing his first deal has changed the game for Patrick, as he aspires to reach 1,000 units in the next 12 months!
Landing your first multi-family deal is much like pushing over the first in a series of dominoes: The second and third deals fall in rapid succession. Today I’m speaking with Brad Tacia, whose story adheres to the Law of the First Deal. He shares the details of his first three multi-family deals, his experience with syndication, and his secret to making every day feel like Saturday through apartment building investing.
Whether you’re a high net worth individual looking to reduce your tab with the IRS or a syndicator looking to raise money, listen in to my conversation with David Zook as we discuss why it’s patriotic to take advantage of available tax breaks, the AHA moment that initiated his transition from passive investor to real estate syndicator, and how he reduced his tax bill from $475K to nearly nada.
Listen in to my conversation with Kira Golden, CEO of Direct Source Wealth, as she explains why bigger is better when it comes to multi-family investing. We cover her approach to seeking out big name investors, the mindset shift that prompted her to pursue multi-family properties, and her advice for aspiring real estate investors.
In my video last week ("What Passive Real Estate Investors Want (And How to Give it to Them!)", I talked about what investors look for in regards to terms and returns. In this episode, I talk about the different ways you can structure...
Listen in on my conversation with expert real estate investor and author of Magnetic Capital, Victor Menasce. Today we discuss the five key elements of raising capital, why some repel the very money they’re trying to raise, and how to invest like a billionaire – even if you’re not.