Structure for Raising $9.5 Million Dollars in One Deal
Projected Profit Over $10 Million
Benefits of Scaling Your Real Estate Investment
Graduating from Duplexes & Triplexes to 200+ Unit Deals
Low Barrier to Entry into U.S. Real Estate Market
Reed came to the U.S. from Australia in 2012 to pursue a career in structural engineering and discovered that we have a much lower barrier to entry to begin investing in real estate here than back home. After buying a triplex and a few duplexes, Reed decided it would be much quicker to scale up his rents and values by buying hundreds of units at a time. Fast forward a few years and Reed now only buys large multi family assets exceeding a few hundred units per deal. We dissect his most recent acquisition on today’s show-a 253 unit building in San Antonio Texas which he is going to turn around and exit in about 5 years for more than a $10M projected profit.
Relevant Episodes: (There are 108 Content Packed Interviews in Total)
Hottest Markets with the Least Competition in the U.S.
Selecting the Right Team Members to Execute Deals
Institutional Investors-Target the Right Office
Details About Recent 253 Unit Texas Deal
More than the Money
Omar Khan comes from an institutional investment banking background, having advised on $3.7 Billion of capital financing & M&A transactions. He’s completed numerous multi-million dollar syndication deals and targets deal hold times of 3-5 years before exit. While most people talk about “raising the money” to do deals, Omar focuses much attention on the more important aspects of the deal during this episode: the Team who’s married to the deal for the 3-5 years. If you invest your money passively, you obviously better have a good deal to start with, but a top notch operating partner/team is ESSENTIAL to your money’s survival (let alone growth!!).
Relevant Episodes: (There are 107 Content Packed Interviews in Total)
Chris Prefontaine is a bestselling author and real estate investor with over 26 years of experience in the field, including 18 years as a builder, realtor, broker/owner and investor. He’s always been an entrepreneur even when he didn’t know it. When he used to drag his wagon up to the street corner and sell junk from his closet or when he used to purchase gum by the pack and sell by the slice in middle school. In 1991, Chris began building homes and built 100 homes before starting his own brokerage. He then become a broker/owner and was selling 100 homes a year with his small team. Since the 2008 debacle he realized he needed to reinvent his business so that he no longer had to use his own money or credit. Today, Chris and his associates do 5-10 deals per month with average profits often exceeding $75,000.
Mentioned Episodes: (There are 105 Content Packed Interviews in Total)
Why Doing More Deals is Not Always to Best Strategy
Getting Off the Webinar Cycle of “Shiny Object” Ideas
Closing Every Deal Instead of Wholesaling
Reasons NOT to Buy Rental Property
Starting in Real Estate from a Stand Still
After starting in 2011 and being laid off from corporate America, Dan Clarton has built a successful multi-6 figure business buying and selling houses. Dan is co-owner of Investors Title Services in the suburbs of Chicago with previous REI Diamonds Show guest Joe Mueller. Dan started off wholesaling & doing lease options before finding his focus in doing what pays best-Property Acquisition (BUYING HOUSES). In addition to wholesaling, Dan flips houses, holds rentals, and owns 150 ATM machines throughout the Chicagoland market. At the time of recording, Dan was gearing up to do a 100-mile bike ride in North Carolina.
Mentioned Episodes: (There are 104 Content Packed Interviews in Total)
Investment Philosophy-Why Andrew Buys Where he Holds
Best Source of Deals
Highest Value Skill for New/Beginner Investors
850 Fix & Flip Deals & 180 Rentals
Built #1 Flipping Team In Chicago 850 Fix & Flip, Wholesale & Rental Deals in the Chicago Market Started the # 1 Real Estate Investors Association in the country ChicagoREIA with over 6000 member in 3.5 years. Own over 180 rental properties. (Over 20 Million In Assets Owned) Started Chicago Real Estate Investors Association with over 5000 members in 3 years with 12 locations making it the #1 Real Estate Investors Association in the US. Over 5 years in a row with the Top Real Estate radio show on AM 560 The Answer with over 20,000 listener base on each show has personally worked with 300 investors in the Chicagoland area helping them develop rental portfolio of 3000+ rentals. Shared the stage with speaker like Les Brown, Lou Dobbs and many industry experts.
Mentioned Episodes: (There are 103 Content Packed Interviews in Total)
Structure of the Team Needed to Complete 100 Houses Per Year
From 0 to 100 Fix & Flip Deals Per Year
Don Costa, of Fresno California, has built his business to flipping 100 houses per year. Starting in the business back in 2003, Don rode the market up until 2008, then rode the market down until 2012, and then rode his business building skills and the market back up ever since. He’s built a top notch team and constructed systems to help him grow along with “running his mouth”. He’s going to tell you exactly how & why “running your mouth” might be the best way to build your real estate empire.
Mentioned Episodes: (There are 102 Content Packed Interviews in Total)