Multifamily Live

Download This Awesome Podcast: http://bit.ly/2Vdv3ca Welcome to the REI Foundation Podcast: Foundation Inspection Friday! On Fridays we delve into the FOUNDATIONS of our business. Today's Episode: You know that saying: "Build it and they will come." Well the same holds true for Investors and their Money. FIND THE DEAL AND THE MONEY WILL COME! So grateful to you for listening! Thank you! If you enjoyed what you've listened to please leave us a five-star review on iTunes and Like and Follow us on YouTube and FaceBook!!! Your support is AWESOME! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/3067aaf Andrew Campbell is all about establishing and following up on his relationships. It is how he and his brother build their single-family rental portfolio. It is how he is working towards a THOUSAND UNITS. He is going to OUT RELATIONSHIP EVERYONE!!! GETTING STARTED: Andrew moved back to Texas in 2008 to help take care of his father. He was on the corporate road until about 6 years ago when he purchased his first duplex. 'It's like crack... I really got addicted to it... we bought a duplex then a month later we bought a 4-plex my brother and but the end of that year we'd bought another 4-plex. We have 76 units that we scaled up to in about four years." TAKING ACTION: Andrew re-evaluated life after his father became sick. Andrew wanted more passive income. He watched his father work really hard to achieve success. "My wife jokes that I used to read, "The Millionaire Real Estate Investor" (by Gary Keller) for FUN." "I think it was a combination of just being ready and having that EDUCATION and having that friend and support system... having that mentor." ON MENTORSHIP: "Mentors are huge... You've got to surround yourself with people... a support group. It's critical to success." "You are the sum of the five people you hang out with the most. Its about constantly unleveling yourself and challenging yourself to compete with the folks that you are partnering with." "One of my favorite things about Real Estate: IT'S VERY VERY COOPERATIVE. It's much more cooperative than competitive. If we were all looking at a deal we'd figure a way to help each other partner on it... rather than cut each other's knees out. YOUR SUCCESS IS MY SUCCESS! When Andrew got into Real Estate he was looking to learn as much as he could about property management and rentals and rehabbing ... really honing in on how to accelerate the clock to getting on to a beach and just having the checks roll in. And now… "Five years later I am FULL TIME into a position where we're chasing big multifamily deals... I'VE NEVER WORKED HARDER IN MY LIFE, I'VE NEVER PUT IN MORE HOURS... BUT I'VE NEVER HAD MORE FUN!" "I can work from where ever I want... I can take my kids to school... be there for them when they get off the bus..." PARTNERSHIPS: "The Big move I made was getting a partner." Andrew found someone with the same mindset but DIFFERENT SKILLSETS. He was able to mind shift in to this being a BUSINESS and not just a PROJECT. THE RIGHT TIME TO JUMP INTO MULTIFAMILY: "It's obviously a personal decision. It comes back to your comfort level and your financial situation. I had the backstop of a decent sized rental portfolio… Back to my wife pushing me.. I had to go do this. It had to be done. My fire for it, my passion for it was just overwhelming everything else.” “If you have that much PASSION about something, you will be successful.” THE FUTURE: “We’ve set a goal of buying a thousand Units. We want to have the capacity and capability to execute a thousand units. If we don't hit a thousand units, we’re not going to be upset because WE DIDN’T FIND A THOUSAND UNITS THAT MADE SENSE. It’s the end of the cycle and we need to be disciplined. We want to have the team in place, we want to have the relationships, the equity… we want to see enough deals that we can go execute the 5 or 6 deals it will take to get to a thousand units.” ACTIONABLE STEP: Get EDUCATED! Find a MENTOR! BIG WHY: “Being able to integrate my work and my family life… Being flexible in my life style… Being able to create the kind of life where I can be responsive to anything that life throws at you.” WORDS: “PROGRESS IS THE GOAL.” Where to find Andrew Campbell www.wildhorncap.com andrew@wildhorncap.com So grateful to you for listening! Thank you! If you enjoyed what you've listened to please leave us a five-star review on iTunes and Like and Follow us on YouTube and FaceBook!!! Your support is AWESOME! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2PXciZF Hello and welcome to Multifamily Mondays here on the REI Foundation Podcast. On Mondays we discuss Large Multifamily Investments. We will pick apart different aspects of this type of real estate investing and periodically deep dive into actual deals that we are working on. Today's Episode: HOW TO FIND OFF MARKET DEALS!!! You have to let EVERYONE KNOW EXACTLY WHAT YOU ARE LOOKING FOR. Everyone? Everyone!!! Network! Call Brokers. Call your neighbors. Call Property Managers. Take people out for coffee! You need to double down and let the universe know what you need! So grateful to you for listening! Thank you! If you enjoyed what you've listened to please leave us a five-star review on iTunes and Like and Follow us on YouTube and FaceBook!!! Your support is AWESOME! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2PX3iU9 Welcome to the REI Foundation Podcast! On Fridays we delve into the FOUNDATIONS of our business. Today's Episode: How the "The 12 Week Year" by Brian P Moran and Michael Lennington has CHANGED OUR LIFE. So grateful to you for listening! Thank you! If you enjoyed what you've listened to please leave us a five-star review on iTunes and Like and Follow us on YouTube and FaceBook!!! Your support is AWESOME! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2JbKf85 HOW DID ADAM BEGIN: "I tell the same joke overtime but it's a true story. I was a terrible kid. I got grounded once for a whole year. I think I was fifteen. And my Pops was a pilot. He'd fly off to fly planes for Southwest airlines. And he had this whole business bookshelf. And he told me if you start picking books off that bookshelf and writing books reports and we talk about them, I'll take time off your sentence." Adam went to school for Entrepreneurship, Finance and Real Estate. He got into business with his father right before the last crash. The crash happened. Jumped in as a junior partner into a office condo development that fell apart. Some homes were foreclosed on... There were some lean learning years... In 2011: Adam begins buying small multi families. Leverages them and begins his SFH Wholesaling and Flipping career. HOW ADAM DID IT "BACKWARDS": He was able to raise money to purchase Multifamilies before he got into SFH. YOU DON'T NEED TO FOLLOW A PRESCRIBED PATH!!! Find a path that works for you... ON MENTORSHIP: "It's usually the guy that's sitting at the back of an REI event." Look for the guys that don't "blow smoke up..." "Ask the right questions... don't be afraid to look stupid." "Put yourself in a situation to BE HELPED." BIG WHY: Selfish why: "My Kids. My Family..." Selfless why: "I want to give money away" GO TO: https://www.doxadeo.org for one of the organizations Adam supports. ACTION STEP: "Go ask thirty people, you want as a coach, about their Family Life, Business Life and Spiritual Life. ... Find somebody that has done it the way you want not only the result in the finances..." Listen for Pastor Adams HUGE GOLDEN NUGGET!!! WORDS TO LIVE BY: "We run our business with the assumption that "Most people are inherently good." We make the assumption to assume the best of people." HOW TO FIND ADAM: www.sellmyhome.org Call Him At: 719-421-9100 adamr@sellmyhome.org Thank you so much to Adam for SO MUCH VALUE!!! And thank you to you for listening! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2VbaHjT Hello and welcome to Multifamily Mondays here on the REI Foundation Podcast. On Mondays we discuss Large Multifamily Investments. We will pick apart different aspects of this type of real estate investing and periodically deep dive into actual deals that we are working on. Today's Episode: Do not wait for the next downturn. You will not be ready for it! Take action now. Find the deals. Analyze the deals. Make connections. Find a Mentor. Network! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2VLoBxF Welcome to the REI Foundation Podcast! On Fridays we delve into the FOUNDATIONS of our business. Today's Episode: How we made the mistake of stopping our marketing machine. Thankful to you for listening!!! Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2YgqP5B The term “Shiny Object Syndrome” is SPOT ON when describing these two AMAZING INVESTORS. These two bulldog their way into investments AND THEY MAKE GOLD while others twittle their thumbs in fear. These guys DO NOT HESITATE!!! (Disclaimer: All this is done after they run their numbers and they make sure the investment is sound and cash flowing… most of the time.) RICK: “We met at a local bank… we started working at the same bank the same week about five or six years ago. Met at a local REIA group again… unexpectedly… we walked in at opposite ends of the room… After about a year in to that we started buying and we haven't stopped.” KEY TAKE AWAY: Your future partner… the person that will help you take your business to the NEXT LEVEL… might be at your next REIA MEETING!!! Go to your local REIA meetings!!! CHRIS on their first deal and First Mistake: “We talked about it for awhile through our cubicles at work. He (Rick) had a deal that he was trying to wholesale… I didn’t even know what wholesaling was… it was foreign to me… It was a good deal… I said “We should buy it.” and Rick said, “I want to Wholesale it. I don’t think it is a good deal.” And … we ended up leaving about 200K on the table. We were very green at the time…” THEY TOOK ACTION and created the beginnings of their partnership based on conversations about real estate and deals. For Rick and Chris’ FONDEST MEMORY of their first deal… LISTEN IN!!! (A bit r-rated…) Continued to buy one property after another. Had a portfolio of 30 rentals that FIRST YEAR! Wholesaled 40-50 deals the second and third year. FOR NEW INVESTORS: “Try to have 2-3 outs with something… you can wholesale, flip it, or rent it!” HOW DOES RICK AND CHRIS FIND DEALS??? They NETWORK. People BRING THEM DEALS!!! SOME CASHFLOWING SHINY OBJECTS THAT RICK AND CHRIS OWN: Rentals Commercial Buildings Storgage Units Car Wash and… an OIL WELL!!! ON DOING ALL THE WORK: CHRIS: “We’re not handy.” RICK: “Still not Handy.” ON GROWTH: “We don't have good systems… we are the system right now…. We are working on that.” ACTIONABLE STEP FOR YOU: “Get in front of Like minded people. Reaching out to people like us. Sit down and buy them a cup of coffee.” WORDS TO LIVE BY: RICK: “I should have invited my wife…” “Just go out and do SOMETHING!” CHRIS: “Help your brothers out and Do onto others as you would have done to yourself.” HOW TO FIND RICK AND CHRIS: https://www.facebook.com/JettisonCorp/ https://www.facebook.com/chris.cieslak.5 https://www.facebook.com/rick.doherty.5 Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2YkA7Oa Hello and welcome to Multifamily Mondays here on the REI Foundation Podcast. On Mondays we discuss Large Multifamily Investments. We will pick apart different aspects of this type of real estate investing and periodically deep dive into actual deals that we are working on. Today's Episode: Today Pili talks about SHINY OBJECT SYNDROME in the Multifamily Arena. Hosted on Acast. See acast.com/privacy for more information.

Download This Awesome Podcast: http://bit.ly/2JvgkY6 Welcome to the REI Foundation Podcast! On Fridays we delve into the FOUNDATIONS of our business. Today's Episode: How do we balance business and personal, work and family... the growth of our business vs. the growth of our children... Hosted on Acast. See acast.com/privacy for more information.