JC 099: How to Raise More Capital with Jake Marmulstein

September 23rd, 2020 | no comments

Groundbreaker Will Simplify Your Syndication

Before founding Groundbreaker, Jake Marmulstein held a number of roles involving real estate and technology, supporting the growth of early stage digital technology ventures while working with the government on foreign direct investment by Fortune 500s. In 2011, he started his career in real estate, underwriting hotel investments for Watermark Capital Partners.

At Groundbreaker, Jake owns the Company’s strategic vision and execution. He is responsible for sales, management of the departments and the people leading them. Jake also manages Company finances and capitalization, as well as the Board.

Jake Marmulstein joins John Carney today in The Real Estate Locker Room to share how using technology platforms will increase investor confidence.

Key Points:

  1. Look at markets that are underserved and listen to what people are saying.
  2. Real estate syndication technology allows you to automate the process and raise more capital.
  3. The more investors you have, the greater your need for a platform to manage them.
  4. Simplify! Presentation and easy user experience is important.
  5. Streamline your syndication process.

Favorite Sports:

  • Soccer and Rugby

Favorite Books:

Pro tip:

  • Don’t be too greedy with your first deal. Just do what you need to do to get the job done.

Reach Out to Jake Marmulstein

Thank you, Jake Marmulsteinfor taking the time to share how to provide real estate investors with access to more capital.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 098: Taking Bold Steps with Sri Latha

September 11th, 2020 | no comments

Finding Your Real Estate Strategy.

Imagine a world where one apartment could replace your salary.

After a health scare in 2010, Sri and her husband shifted their focus to real estate. They started their journey with a 12-unit investment in Dallas, Texas before focusing on the California market. After may successful traditional multifamily deals, Sri is now looking to reposition hotels into multifamily communities.

Sri Latha joins John Carney today in The Real Estate Locker Room to discuss her strategy for real estate success.

Key Points:

  1. Hard Money Lending- high interest rates but accessible.
  2. Strategies that work for California: Cash for Keys. ADUs. Layout Changes.
    1. Cash for keys: the current tenant will receive a mutually agreed upon sum in exchange for leaving the rent control unit.
    2. ADU: adding “in law unit” to the property.
    3. Layout Changes: converting small spaces into larger living area.
  3. BRRRR: Buy, Renovate, Rent, Refinance and Repeat.
  4. Don’t spread yourself too thin.

Favorite Books:

  Pro tips:

  • Go one step deeper than where the average investor goes.
  • Ask a lot of questions. 

Reach Out to Sri Latha

Thank you Sri for taking the time to share your strategy for profitable real estate investing in California and creating passive income with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

JC 097: Black Belt Wealth with Damion Lupo

August 26th, 2020 | no comments

Commit to The Big Vision.

Born with an entrepreneurial spirit Damion started his first business at age 11, (even hiring his parents for logistics support). Over the last quarter century he’s started and owned more than 50 different companies including an insurance agency, precious metals firms, a venture capital company, a coaching and consulting firm, and more than a dozen real estate investment and development companies. Damion is a martial artist who holds three black belts and is the founder of Yokido ™, a martial art practice that he developed.

Damion is a sought-after financial consultant for high-profile private clients. He leverages his vast depth of knowledge on financial markets, money psychology and unconscious pattern motivation to quickly assess hidden financial cancers and holistically heal his clients (and their organizations) through awareness, empowerment and vision development.

Damion’s personal philosophy centers on Self-Responsibility and a conviction that the only path to freedom is through candor, growth and a big vision. The big vision ideal is what drove him to narrow the focus on the Retirement System and teach about the eQRP®, a tool to design retirement vs. getting destroyed by it.

Today Damion works with change agents to Disrupt Wall Street’s manipulative system of enriching itself at the expense of its client. He’s on a mission to Empower Main Street through tools and teachings of financial transformation. His overriding mission is to elevate humanity’s power and control over their life by reducing complexity and creating a simple and transparent conversation around money and investing.

Damion Lupo joins John Carney today in The Real Estate Locker Room to discuss discipline in your everyday life.

Key Points:

  1. Trials add “scar tissue” but that’s what makes you better.
  2. “Success stories” are a pile of failures that are stepping-stones to deeper mastery.
  3. You must allow seasons to happen. Don’t add pressure to things or they will break. Go with the flow.
  4. If you do the work, you get to the other side. But you have to do the work!
  5. Wealth is a choice.

Favorite Sport:

  • Martial Arts

Favorite Books:

 Pro tip:

  • Learn how to be present. The more present you are, the more powerful you are.
  • Start your day with gratitude.

Resources Mentioned:

Reach Out to Damion Lupo

Thank you, Damion Lupo for taking the time to share how discipline and hard work impacts everyday life with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 096: The Big Picture and Building Wealth with Hamza Ali

August 17th, 2020 | no comments

Seeing It Through

Hamza Ali is the Founder and CEO of Gray Spear Capital with an investment portfolio of over $50M multi family assets in Texas. His career spans 15 years in strategic investment, real estate development and mentoring.

Hamza immigrated to the United States from Dubai and started his real estate business in Houston, Texas. He started small and worked his way to the multi family asset class. Hamza is passionate about sharing his knowledge and experience with young entrepreneurs who are looking to get started in the real estate business.

Hamza Ali joins John Carney today in The Real Estate Locker Room to discuss networking and finding your solution with your team.

Key Points:

  1. Take action. This is how you will find your future partners.
  2. Network! Attend real estate industry events and talk to people in the business.
  3. Other investors will help you find your creative solutions. Your team will support you to help you achieve your goals.
  4. Meet the people you will require to build your professional team.
  5. Look at the bigger picture. Find your opportunity to make a name for yourself. Sometimes, that looks like a branding venture vs a profitable venture.

Favorite Athlete:

  • Soccer

Favorite Athlete:

  • Diego Maradona

Favorite Books:

Pro tip:

  • Surround yourself with the right people.

Reach Out to Hamza Ali

Thank you, Hamza, for taking the time to share how you discover opportunity with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 095: Investment Tribe Partnership with Travis Smith

July 23rd, 2020 | no comments

Find Your Tribe + Build Your Wealth.

With a strong background in financial services, Travis launched Tribevest after a rocky start at getting into real estate investment with his brothers.

Tribevest began when five relatives decided to pool their resources by each saving $500 a month to invest. The agreement was fruitful! They were able to purchase investment properties, become partners in a physician’s practice, and even purchased a prize-winning racehorse. Travis leveraged their success and his leadership experience to help others. Tribevest was created to streamline financial collaboration among groups (tribes) and continues to evolve as the more tribes use the platform.

Travis Smith joins John Carney today in The Real Estate Locker Room to discuss the benefit of finding your tribe.

Key Points:

  1. Find your tribe, pull capital and get into the real estate game.
  2. Resilience is the most valuable attribute in life, business and sports. Be willing to be humble, swallow your pride and you will learn.
  3. Tribevest is a group operating system that allows for transparency and accountability for investors.
  4. “More important than the rules are the rules upfront.”
  5. How to minimize risk? Your tribe will lessen the risk, multiply your capital and increases your chances of being successful.

Favorite Sport:

  • Basketball

Favorite Athlete:

  • Lebron James

Favorite Books:

Pro tip:

  • Write down three gratitude’s, visualize, journal and meditate every morning.

Reach Out to Travis Smith

Thank you Travis for taking the time to share how a tribe will lead you to financial success.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 094: Open Door Capital with Jens Nielsen

July 8th, 2020 | no comments

Return on Your Investment with Multifamily Syndication.

Originally from Denmark, Jens Nielsen has lived in the United States since 1996. After a successful career in telecommunications and IT, Jens shifted his focus from being an employee to becoming an entrepreneur. He was attracted to multifamily real estate due to the many benefits and began investing in his home state of Colorado where he is currently the key principal of an 82-unit apartment portfolio.

 

After achieving success as a Limited Partner (LP), Jens decided to raise money as the General Partner (GP) in real estate syndication and raised over $1M in 2019 alone. He has passively invested in 14 real estate syndications / private investments that include over 800 apartment units, 2,000 mobile park lots and over 6000 storage units as well as mortgage note funds and private money lending. Jens mission is to help more people invest in private placements for the strong cash flow and equity growth. His company’s mission is to “Open Doors to your secure financial future through multifamily investing.”

Jens Nielsen joins John Carney today in The Real Estate Locker Room to talk about the real estate syndication process.

Key Points:

  1. Attend industry events to grow your business.
  2. Network! Meet people who have similar goals. Real estate is a social business.
  3. Create a partnership; decide on the allocation of duties with the goal of generating profit.
  4. Syndication is a good way to receive tax benefits, deductions, and it’s a good way to break into the real estate market.

Favorite Sport:

  • Cycling – Road biking and mountain biking.

Favorite Books:

Pro tip:

  • Business: Spend some time doing things that will help get your business moving forward instead of reacting.
  • Cycling: Hours of training.

 Reach Out to Jens Nielsen

Thank you Jens for taking the time to share your syndication and networking experience with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 093: Real Estate Apps with Peter Sisson

June 24th, 2020 | no comments

Charging into Technology.

Peter Sisson is a product-focused entrepreneur who has successfully started and exited four tech companies. Peter recently launched his fifth business, Yaza, creating an authentic and secure video mapping app. Peter’s expertise covers all aspects of designing, building, launching, growing and monetizing great products, as well as designing and scaling organizations to support those products and make them profitable.

Peter also invests his time volunteering and mentoring startup founders at the European Innovation Academy and Start Out Growth Lab. During his tenure, twenty-four companies have graduated. These businesses have closed over $45M in funding and created more than 200 new jobs.

Peter believes that entrepreneurship provides a path to economic self-empowerment that doesn’t t require people to “fit in” with the traditional corporate grind. It offers a path to success and fulfillment for dreamers, big thinkers, innovators and creative people who want to have an impact on the world.

Peter Sisson joins John Carney today in The Real Estate Locker Room to explain how to make Yaza work for you.

Key Points:

  1. Find a Co-Founder and assemble your team.
  2. 1stlesson of entrepreneurship: customer. customer. customer.
  3. Yaza is great way to drive efficacy to a 24-hour turn with your real estate team.
  4. You must have agility and react quickly to new information.
  5. Be prepared to pivot. Your product may become more relevant to a different market than you initially tested.

Favorite Books:

 Pro tip:

  • Do not think you that can’t talk about your product ideas because someone is going to steal it. Talk to as many people you can, listen, and don’t look back. 

Reach Out to Peter Sisson

Thank you Peter for taking the time to share how your new technology benefits the real estate industry with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

JC 092: Capital Gains Tax Solutions with Brett Swarts

June 10th, 2020 | no comments

Understanding the Deferred Sale Trust.

Brett Swarts is an entrepreneur, deferred sales trust expert, investor, podcaster, and multifamily broker. His leadership roles include serving as the Founder of Capital Gains Tax Solutions, Commercial Realty Apartment Advisors, and the Capital Gains Tax Solutions podcast.

Brett leads a team of extraordinary people at his companies. He serves ultra high net worth clients and enables them to create and preserve their wealth through real estate investment. Brett leads clients through a wealth preservation process by leveraging the optimal timing capital gains tax deferral structure known as The Deferred Sales Trust. Its purpose is to help individuals escape feeling hostage to the 1031 exchange and 30-50% capital gains tax when they sell their highly appreciated real estate assets.

By focusing on the timeless aspects of being the guide, Capital Gains Tax Solutions’ educational platform helps high net worth individuals and their trusted advisors who help them execute a passive/active capital gains tax deferral wealth plan of their own.

Brett Swarts joins John Carney today in The Real Estate Locker Room to advise us on how to create and protect your wealth.

Key Points:

  1. Clarify your vision of what you want your wealth plan to be.
  2. There are alternative ways for wealth transformation that doesn’t involve a 1031 exchange.
  3. Deferred Sale Trust: Transforming money from one generation to another while getting out debt by diversifying their wealth. It can allow you to get the full depreciation of the property allowing you to obtain and preserve more wealth.
  4. Optimal timing will let you sell high, wait, and then buy low when the market shifts. It’s important to know the legality and track record behind the “installment sale”.
  5. The key is getting a team of professionals that can help you execute the business plan.

Favorite Athlete:

  • Basketball

Favorite Athlete (s):

  • Michael Jordan
  • Lebron James

 Favorite Books:

Pro tip:

  • Practice The Miracle Morning: read the bible, meditate, exercise and journaling. 

Resources Mentioned:

 Reach Out to Brett Swarts

Thank you, Brett Swarts for taking the time to share your wealth planning solutions with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

 

 

JC 091: Helping Each Other in Tough Times with Chris Prefontaine

May 29th, 2020 | no comments

What Investors Should Be Thinking About Today

Chris Prefontaine has been in the real estate game for 25+ years and is a two-time Amazon best-selling author of “Real Estate On Your Terms” and “The New Rules of Real Estate Investing”.

Chris is a big advocate of constant and continuing education. He participates annually in high-end mastermind groups and boot camps and invests in private mentors in order to stay competitive in the ever-changing real estate market.

Chris and his family/team have participated in over $80 million in real estate transactions as a group. The team currently focuses on purchasing homes via Lease/Purchase or Owner financing with sellers and helping buyers gain the time they need for credit enhancement, mortgage qualifying seasoning, or down payment build up. The team believes in win/win relationships and strives to structure deals for both seller and buyer to achieve favorable outcomes.

Chris Prefontaine joins John Carney today in The Real Estate Locker Room to talk about helping out, adding value, and solving problems.

Key Points:

  1. People need help right now and this is an opportunity for a win/win.
  2. Terms business: buy only lease purchase and owner financing. Terms means the buyer doesn’t need a bank right away.
  3. Success does not happen overnight. You have to work through hard times and change in order to find success on the other side.
  4. New investors: find someone who has gone through 1-2 economic cycles, is currently doing exactly what you want to do and start digging in for free before you decide to fully commit (YouTube, webinar).
  5. Know what your goals are and what you are willing to put in.

Favorite Sport:

  • Hockey

Favorite Books:

Pro tip:

  • Routine is good no matter what. Work out, meditate, or journal. Start your day intentionally.

Resources Mentioned:

Reach Out to Chris Prefontaine

Thank you Chris for taking the time to share how you navigate difficult times with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

 

JC 090: Managing Real Estate and the Corona Virus with Kevin Bupp

May 13th, 2020 | no comments

We Are In This Together.

Kevin Bupp is the Founder & CEO of Sunrise Capital Investors, which invests in mobile home parks, parking lots, apartments, offices, and single-family homes all across the US.

Kevin has sixteen years of experience educating investors to locate, acquire, and create “higher than average” returns from the widely misunderstood niche of mobile home park investing.

He shares his expertise through the Mobile Home Academy and also as the host of The Real Estate Investing for Cashflow Podcast, which is one of the hottest real estate podcasts on iTunes.

We are all fighting this together. Kevin Bupp joins John Carney today in The Real Estate Locker Room to share how he is managing his real estate portfolio and navigating the Covid-19 crisis.

Key Points:

  1. Just because you find a good price for a property, doesn’t mean it’s a good deal. The wrong market may not offset the deal you make.
  2. The future is unclear. Run your business through stress tests to see how much debt load it can take during a recession period.
  3. Focus your team: Give a clear picture of what could happen. I.e.- threats, opportunity, etc.
  4. Over Communicate – open a line of communication, compassion and empathy with your tenants. Work with them through the pandemic with payment plans, workout programs and be a resource for them.
  5. There will be innovation and opportunity that comes from this hardship.
  6. When business is back to a “new normal”, be realistic about future goals and timelines, keep doing what you are good at.

Favorite Sport:

  • Road Cycling

Favorite Athlete:

  • Lance Armstrong

Favorite Books:

Pro tip:

  • Health and fitness. You can work through it if you feel good.

Resources Mentioned:

Reach Out to Kevin Bupp

Thank you, Kevin, for taking the time to share current Covid-19 advice with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020