Financial Freedom with Real Estate Investing

You are the average of the five people you spend the most time with.But what if you don’t want the same life as your current sphere of influence? How do you connect with successful people who will help you level up?Matt King is CEO of GoBundance, a high-level mastermind group for high-achieving men and women who choose to lead epic lives.On this episode of Financial Freedom with Real Estate Investing, we revisit Matt’s talk at Deal Maker Live 2023 on the importance of building a powerful sphere of influence.Matt explains how to leverage the power of our subconscious mind, challenging us to create a five-year vision for our life and choose a peer group that holds us accountable to our goals.Listen in for Matt’s insight on auditing your current sphere of influence and learn how to deliver value to the people you want in your tribe!For full episode show notes visit: https://themichaelblank.com/podcasts/session376/

Who is better at raising capital, extroverts or introverts?You might think extroverts have the advantage when it comes to raising money for real estate deals. But the truth is, introverts can be just as good at sourcing funds.The secret is to embrace your unique personality and approach networking with investors in a way that leverages your strengths.Mandy McAllister serves as Managing Member at Good Fortune Capital and CEO of GoBundance Women. Camilla Jeffs is Founder and CEO of Steady Stream Investments and Host of the Quiet Wealth podcast.On this episode of Financial Freedom with Real Estate Investing, we revisit Mandy and Camilla’s talk at Deal Maker Live 2023 around raising capital based on the strengths of your personality.Mandy describes what makes her good at raising capital as an extrovert, and Camilla explains how being an introvert helps her build strong one-on-one relationships with LPs.Listen in for Mandy and Camilla’s top ten tips for networking with investors and learn how to tailor these capital raising techniques to fit your distinct personality!For full episode show notes visit: https://themichaelblank.com/podcasts/session375/

Those of us with analytical minds tend to be fairly risk averse.But entrepreneurship requires that we move forward with incomplete information.So, what can we do to overcome that fear of the unknown and get into our first real estate deal? How do we develop the confidence to figure things out as we go along?Nicole Gauthier is Founder of Wicked Holdings, a real estate investment community focused on social change and community empowerment.Nicole was an accountant in the oil and gas industry before transitioning to real estate, and she has a heart for helping busy professionals build generational wealth through multifamily syndications.On this episode of Financial Freedom with Real Estate Investing, Nicole joins us to discuss how the mantra ‘progress over perfection’ helps her overcome the uncertainty of investing in real estate.Nicole describes how her education and experience as an LP gave her the confidence to become a multifamily operator and explains how to develop transformational relationships with investors.Listen in for Nicole’s advice on approaching a potential mentor and learn how to overcome analysis paralysis and take the calculated risks necessary to get into your first real estate deal!For full episode show notes visit: https://themichaelblank.com/podcasts/session374/

What is the best real estate investing strategy for 2023?Should you try wholesaling? Or invest in Airbnbs? How about fix-and-flips? Turnkey rentals? Or maybe a multifamily syndication?On this episode of Financial Freedom with Real Estate Investing, Garrett takes on the role of moderator, and we sit down with some big hitters in the industry to debate the pros and cons of each approach.Kyle Stanley of The Fearless Investor explains why he likes short-term rentals and Hayato Hori of RocketOffr shares the benefits of wholesaling.I describe the advantages of apartment building investing, Chris Clothier of REI Nation discusses why he prefers turnkeys, and Henry Washington of BiggerPockets explores the opportunities in fix-and-flips in 2023.Listen in for insight on the risks and challenges associated with each kind of real estate investing and learn which strategy is the quickest path to financial freedom!For full episode show notes visit: https://themichaelblank.com/podcasts/session373/

Are you interested in multifamily investing but overwhelmed by the prospect of buying an entire apartment building?What if you could dip your toe in the water with accessory dwelling units or ADUs?The ADU strategy involves either converting a SFH into multiple units or building standalone, detached units on a single family lot.After several years of building ADUs for clients and friends, Derek Sherrell decided to leverage those skills into developing projects that would help him gain financial independence.Two decades later, Derek is the real estate investor behind That ADU Guy. His platform teaches the strategy to help others earn passive income and address the affordable housing crisis at the same time.On this episode of Financial Freedom with Real Estate Investing, Derek joins me to discuss the different categories of accessory dwelling units you might consider, convertible ADUs versus standalone, detached units.Derek walks us through the process for getting permission to build accessory dwelling units, explaining why everyone should consider building an ADU at their primary residence and how to get financing for such a project.Listen in for Derek’s insight on the profitability of building accessory dwelling units and find out if ADUs are the right steppingstone into YOUR multifamily investing career!For full episode show notes visit: https://themichaelblank.com/podcasts/session372/

Most aspiring real estate investors struggle with fear.But the ones who become successful GPs work through their fears with practice.Mai Duong is Harvard-educated CPA with 25 years of experience in corporate finance and accounting.She is also on the Executive Team at Sunbelt Equity Group, where she has amassed a portfolio of more than 192 multifamily units (and more closings to come).On this episode of Financial Freedom with Real Estate Investing, Mai joins me to explain what she learned as an LP that helped her become a successful active investor.Mai describes how she dealt with fears around talking to brokers and raising capital with preparation, challenging us to practice underwriting lots of deals and asking questions in a ‘throwaway market.’Listen in to understand how Mai’s team is finding deals right now and learn how to adjust your underwriting to overcome your fears and invest with confidence!For full episode show notes visit: https://themichaelblank.com/podcasts/session371/

There are so many ways to invest in real estate. And when you’re first learning about the options, it can get overwhelming.But the most successful investors niche down to a single strategy, perfect their processes and rinse, repeat to scale.Kyle Stanley, for example, focuses on short-term rentals, and he has created systems in his business that allow him to work just one or two hours a week!Kyle is the creator of The Fearless Investor, a platform that helps people learn about the real estate investing game.He tried several investing strategies before niching down to Airbnb, and nine months in, he was grossing over $25,000 a month!On this episode of Financial Freedom with Real Estate Investing, Kyle joins Garrett to explain how the short-term rental arbitrage and cohosting models work for aspiring investors who don’t own property themselves.Kyle shares the mission behind his brand, The Fearless Investor, and challenges aspiring investors to conquer our fears through action.Listen in for Kyle’s advice on uncovering your real estate investing niche and find out if the short-term rental model is right for you!For full episode show notes visit: https://themichaelblank.com/podcasts/session370/

How do you make money flipping land?What are the pros and cons of investing in land deals as opposed to other kinds of real estate?Jon Jasniak started flipping land in 2016 when he was 23 years’ old and working as an engineer. After 18 months of doing both, he quit his job to go into the land game full time.In the last seven years, Jon has done 700 deals across 7,000 acres and built an eight-figure land business. And in early 2023, he bought an entire town in West Texas!On this episode of Financial Freedom with Real Estate Investing, Jon joins Garrett to explain how he buys land under value, leveraging seller financing or private money to get into deals.Jon discusses how he reduces friction in his business by subdividing land and selling it to average people without a title company, marketing on sites like Facebook Marketplace and Lands of America.Listen in for Jon’s experience buying Cornudas, Texas, and learn how he is adding value to the town and making money in the process! For full episode show notes visit: https://themichaelblank.com/podcasts/session369/

In multifamily real estate, we look for opportunities in a given market and then build relationships with the bankers, brokers, and boots on the ground we need to make a deal work.But what if the business opportunity you identify is in Asia or Latin America? How do you overcome the language barrier and put together the team you need to build a successful company in a foreign country?Cole Shepherd is Founder and Partner at Legacy Group, an alternative investment firm based in Colombia that focuses on high-quality LATAM businesses that produce outsized returns for investors.He's an expert in emerging markets and understanding the capital movements of high-net-worth investors.On this episode of Financial Freedom with Real Estate Investing, Cole joins Garrett to discuss his background in international business and what he learned from working in the ‘professional leagues of capitalism’ overseas.Cole explains what inspired him to build Legacy Group in Medellin, describing how he started with real estate flips and expanded into commodities, growing Green Coffee Company into Colombia's largest coffee producer.Listen in for insight on learning the language and culture the place you want to do business and find out how to invest in Green Coffee Company or one of Cole’s other innovative projects at Legacy Group!For full episode show notes visit: https://themichaelblank.com/podcasts/session368/

Maxwell Nee was drinking an Old Fashioned at a swanky bar in Chicago when he came to appreciate the significant price difference between Macallan 18 and Macallan 12 whisky.Because it had aged an additional six years, Macallan 18 cost 500% more!That’s when the lightbulb went off. And Maxwell started looking into wine and whisky as an alternative investment.Today, Maxwell is Managing Partner at OENO Wine and Whisky Fund, a recession-proof investment fund that leverages the intrinsic value creation in the maturity of fine wine and whisky to earn double-digit returns for investors.On this episode of Financial Freedom with Real Estate Investing, Maxwell joins Garrett to explain what he looks for in a wine or whisky investment deal and how the assets are aged in a warehouse under the best conditions.Maxwell shares his strategy for maximizing returns for OENO investors and describes the parallels between investing in wine and whisky and value-add real estate.Listen in to understand the risks associated with wine and whisky as an alternative investment and find out if investing in Maxwell’s fund is right for you!For full episode show notes visit: https://themichaelblank.com/podcasts/session367/