POWC #552 – Using a Franchise to Subsidize Real Estate with Vince Gethings

If you have trouble getting approved for loans because your real estate income is passive, consider starting a franchise like Vince Gethings did to help project his real estate forward. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. Vince Gethings is the owner of Villanautics, LLC and co-owner of Tri-City Equity Group, LLC based in Midland, Michigan. They specialize in using creative financing to acquire under-performing multifamily properties that can be repositioned to increase the NOI. Currently, they own and manage 72 units. Vince has been Active Duty Air Force since 2006 where he currently serves as a Career Assistance Advisor stationed at Joint Base Pearl Harbor-Hickam, Hawaii. Vince has been investing in multifamily real estate since 2016 and handles market research, underwriting, due-diligence, strategic planning, negotiations for the company. His podcast is called The Cashflow Project. You can sign up for his Millionaires Mindset Conference here: www.millionairesmindsetblueprint.com 3 Pillars 1. Managing risks 2. The who not how mentality 3. Taking massive action Books: Never Split the Difference by Chris Voss and Tahl Raz, The Book on Rental Property Investing by Brandon Turner You can connect with Vincent on Facebook, LinkedIn or www.tricityequity.com Sign up for the lunch & learn with Todd Dexheimer on economic uncertainty and where real estate is heading. It will be January 25 11:30am-1:30pm CST at the Eagan Community Center. www.northstarunlimited.live Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation