Posts tagged "invest"

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 087: Real Estate Development Syndication with Dr. Adam Gower

April 1st, 2020 | no comments

How to Become a Leader of the Crowd

Dr. Adam Gower is a seasoned real estate pro and the author of Leader of the Crowd. His real estate career began in 1982 while working for an electrician pulling wires and crawling around in basements and attics in San Diego. Adam took an interest in real estate finance and started raising money for a developer. He successfully raised over $30 million in equity (1980’s dollars) and invested it all in developing hundreds of units in California.

Dr. Gower has built one of the best-of-class digital marketing platforms for real estate developers for that they are able to syndicate their deal equity online. Each system is customized to a unique offering and by digitizing existing investment solicitation processes; one can automate their capital raising efforts while remaining focused on sourcing deals and building projects.

Dr. Adam Gower joins John Carney today in The Real Estate Locker Room to discuss how to invest your money in real estate.

Key Points:

  1. You can get your hands dirty and buy physical real estate or act as a passive investor with those who get their hands dirty.
  2. Now is a good time to “keep the powder dry”, keep an eye on the market and do not succumb to the temptation of thinking everyone is making money in real estate.
  3. Get familiar and identify the sponsors who are out there, see how they are educating investors and be patient.
  4. You must have low debt. Debt will whip out any deal.
  5. You must have a presence on social media, make connections and educate prospects with a narrative. This will make you stand out and put you ahead of the crowd.

Favorite Sport:

  • Football – “The round ball football”

Favorite Athlete:

  • Manchester City – England

Favorite Books:

Pro tip(s):

  • You get what you pay for.
  • Be careful what you put your name to.

Resources Mentioned:

Reach Out to Dr. Adam Gower

Thank you, Dr. Adam Gower, for taking the time to share real estate cycles and investments 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 083: Finding Your Grit with Keir Weimer

January 22nd, 2020 | no comments

Taking on Big Challenges and Calculated Risks.

Keir Weimer has a passion for taking early-stage ideas to market and growing teams, cultures, and businesses around them. Despite his success today, Keir’s journey was anything but easy. At the age of 23, he was convicted of vehicular manslaughter after causing a tragic boating accident that killed his friend.  Keir had to overcome life struggles and decided to become an entrepreneur.

Today, Keir is an internationally recognized, luxury real estate agent and team leader. He is also a successful real estate and lifestyle entrepreneur, having founded and grown several 7-figure businesses in the areas of luxury brokerage, investment, hospitality development, and now a multimedia company. Keir is considered an expert in these areas and has broken free from adversity with his unique life story. His success has been featured in major global media outlets such as the Wall Street Journal, The New York Times, Bloomberg, and Sotheby’s International Realty.

Keir Weimer joins John Carney today in The Real Estate Locker Room and discusses pulling yourself up from your bootstraps and learning how to list luxury properties.

Key Points:

  1. You will accomplish great things when you put your mind to something, create a mental road map, and are patient.
  2. Find your circle of support. Never give up on the vision and persevere until you reach it. Write it out, make it part of your daily routine, be accountable for it, and get to work
  3. In order to be successful, you must be willing to work through the obstacles and setbacks.
  4. Don’t be intimidated by big challenges. Try, don’t stop just because you don’t have experience. Build a vision, build a strategy that supports the vision, and take a calculated risk.
  5. Tips for getting started in real estate:
    1. Chart out a vision if you want to get started.
    2. Know your skillset.
    3. Find the people with the expertise you need.
    4. Work with mentors.
  6. Personal growth tip: Schedule time to be creative.

Favorite Athlete:

Favorite Books:

Pro tip:

  • “Don’t count time. Make time count.” – Mark Weimer

Resources Mentioned:

Reach Out to Keir Weimer

  • keirweimer.com

Thank you, Keir, for taking the time to share your story and life 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

 

JC 081: Charging into the Mindset of a Real Estate Investing with Rod Khleif

December 12th, 2019 | no comments

Pushing Through Fear to Reach Your Goals

Rod Khleif is a passionate real estate investor who has owned and managed over 2,000 properties. As an accomplished entrepreneur, Rod has built several successful multimillion-dollar businesses.

Rod has combined his passion for real estate investing with his personal philosophies of goal setting, envisioning and manifesting success to become one of America’s top real estate investing professionals and teachers. He shares his techniques at his boot camp, podcast and website to help others achieve the right mindset to achieve high level success.

Rod Khleif joins John Carney today in The Real Estate Locker Room to dive into the mindset required to learn from mistakes and allow failures to fuel your goals.

Five Key Points:

  1. Clarity is power – Know exactly what you want and why you want it.
  2. A goal is not a goal until it is measurable. Put a time limit on each goal you make. Pick your number one goal and your top three one year goals, write down why it is a mustto achieve them and the regrets you will have if you don’t.
  3. Visualize what you want daily to give your brain direction.
  4. Everything starts from a place of gratitude. Never achieve a big goal without having another goal behind it.
  5. Success without giving back is not success. Give back what you can now! Don’t wait until you reach your goals.

Favorite Athlete:

  • Pelé

Favorite Books:

Pro tip:

  • Education and implementation.

Resources Mentioned:

Reach Out to Rod Khleif

Thank you Rod for taking the time to show us how to get into the right mindset to achieve and visualize goals 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 2019

JC 079: Your Real Estate Portfolio in Your Pocket with Minesh Bhindi

November 13th, 2019 | no comments

Helping People Build Wealth with Real Estate

Minesh Bhindi has been a real estate investor since he was sixteen years old. He has leveraged his experience and knowledge to consistently achieve massive real estate success.Minesh and his father are the pioneers of a unique no-money down real estate transaction process in the UK. By eighteen, Minesh had completed his first independent real estate deal for three flats in the heart of London’s financial district, which netted him a cash-back on purchase of £68,000 and £250,000 in equity.

Minesh has built three companies to help investors implement the strategies that he has learned and successfully applied to acquire real estate, stocks, and gold and silver as income-generating assets.

Minesh Bhindi joins John Carney today in The Real Estate Locker Room to help us understand REITs and how to use them.

Five Key Points:

  1. The more you are prepared to walk away from a deal, the more it seems to chase you. The more real estate deals you have, the less attached you will feel to one particular deal. When you take the timidness out of your negotiation, it gives clarity to all of the parties involved.
  2. Diversify your real estate portfolio! Your investment doesn’t have to be a large multitude of physical properties. You can diversify in stocks and REITs and manage your real estate portfolio from your phone.
  3. Invest in REITs (Real Estate Investment Trusts) that are managed by proven experts that give investors a double layer of protection.
  4. Real estate is a great vehicle for investing. If you invest correctly, your investments will bear fruit. You need to own at least a few physical properties (brick and mortar) but also know your objective and how you want to use your investments. Then partner with someone who has experience and expertise.
  5. Suggested practice to stay focused in life and work: transcendental meditation and Cuban cigars.

Favorite Sports:

  • Soccer

Pro tip:

  • Start. Most people won’t start. If you are sitting there and not doing anything… that’s the problem. The quicker you can get to the starting point, the better it will be for you.

Reach Out to Minesh Bhindi

Thank you Minesh for taking the time to discuss diversifying your real estate portfolio 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 2019

 

 

 

JC 077: Working Smarter, Not Harder with Gary Boomershine

October 21st, 2019 | no comments

How to Think Like a Banker

With a family legacy in the real estate market and a long successful career in enterprise and emerging technology markets, Gary Boomershine had the vision for a business, RealEstateInvestor.com.

Gary capitalized on the opportunity to leverage people, processes and technology to gain a leg up in a cyclical, changing and competitive real estate marketplace. He experienced his real estate business flourish with technology that allowed him to work smarter – not harder and stay focused on the one thing that makes money, talking to sellers and making offers.

Tune into Gary and John’s conversation in “The Real Estate Locker Room” as they discuss the strategy for using your time and money wisely.

Five Key Points:

  1. Everything is cyclical, and the markets circle every 8-10 years. You can get “squished” at the turn of the market so you must change with it.
  2. High-risk investments are with rehabs right now. Wholesaling is a sound strategy right now until a change in the real estate market.
  3. Mindset: Think like a banker. The business model that banks use works. The banker is the person with power because they have the money and is the 1st to get paid.
  4. Gary’s current strategy: 1st position loans, backed by property he can see. Currently doing super low risk loans, takes a spread and invests in 401k.
  5. Cash Now: Single transition (whole seller, rehabber, flippers). Cash Flow: Building wealth (apartments, lending). Cash Later: When you achieve financial freedom. 

Favorite Sports:

  • Soccer

Favorite Books:

Pro tip:

  • 5/10/3 concept: Wake up at 5 am. Push the whole day out until 10 am (work out, read scripture, journal, clean & acts of service). 3 hours or work as a CEO in your business.

Resources Mentioned:

  • Hard Money Brokers

Reach Out to Gary Boomershine

Thank you Gary Boomershinefor taking the time to get us in the mindset to level up our real estate game.

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 2019

 

 

JC 066: Crowdfunding 101: Just the Facts with Mark Roderick

May 8th, 2019 | no comments

Crowdfunding for real estate investors

Mark Roderick is one of the leading Crowdfunding and Fintech lawyers in the United States. Mark speaks across the country representing cross industry participants, expanding on his in-depth knowledge of capital-raising and securities law. Mark represents many portals and other players in the Crowdfunding field. He writes a widely read blog, crowdfundattny.com, which provides readers with a wealth of legal and practical information for portals, issuers and investors.

Mark Roderick joins John Carney today in The Real Estate Locker Room to discuss Crowdfunding and how to arm you with the knowledge to close the deal.

Five Key Points:

  1. Crowdfunding is using the Internet to raise capital and usually only happens when the market is up.
  2. There are 3 flavors of Crowdfunding (Titles refer to different sections) and for the 1sttime in US history, you may advertise all Titles.
    1. Title 2 – Very popular and an active option. Only one rule: only accredited investors can participate. This is based on the foundational principles in American Security laws from the 1930s.
    2. Title 3 – Brand new to the US security laws. Non-accredited investors can participate. However, it does not require FCC approval unlike Title 4. This is an experiment to test if the accredited investors will “fleece” non-accredited investors. Title 3 has many regulations, limits the amount of money you can raise, how much each person can invest (very small amount), among other things.
    3. Title 4- Similar to public offer. Non-accredited can participate but will have to jump through hoops and regulations. Similar to miniature public offering.
  3. The easiest way to approach the Crowdfunding market to already have success and have completed many deals through private clients. Then you can go to the top real estate Crowdfunding sites who already have investors registered.
  4. How do you get a standard rate of return and how do you safeguard it?
    1. Invest only at trusted sites.
    2. Invest in someone who is smarter than you. Use a real estate professional who has vetted the site you want to use and the deal.
    3. Invest in a fund instead of a single deal.
    4. Invest in a reputable site and get some diversification.
    5. Start with accountant and find a great lawyer.
  5. Rate of return and investor offering or receiving: depends on the asset class. Projected returns are going down due to a mature market.

Favorite Sports:

  • Baseball
  • Football
  • Basketball

Favorite Athlete:

  • Roger Maris – Baseball
  • Mickey Mantle – Baseball
  • John Havlicek – Basketball
  • LeBron James – Basketball
  • Tiger Woods – Golf
  • Michelle Chiffon – Skiing
  • Lindsey Vonn – Skiing

Favorite Books:

Thomas Jefferson A Brief Biography by Dumas Malone

Pro tip:

  • Work on what you’re bad at.

Resources Mentioned:

Reach Out to Mark Roderick:

  • Blog: Crowdfundattny.com
  • Twitter: CrowdfundAttny
  • Facebook: GoFlaster
  • Bookings: Bookings@thetalentsquad.com

Thank you Mark Roderick for taking the time to share some actionable advice on crowd funding 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 2019

 

JC 38: “Why” Equals Cash Flow with Clayton Morris

February 7th, 2018 | no comments

Discover your “Why” first and cash will flow 

The Real Estate Locker Room Show with John Carney EP 038Clayton Morris is a former weekend anchor for the Fox News Channel’s popular FOX & Friends. He exited the news game and founded Morris Invest, a company that helps people discover financial freedom through cash flow real estate investments.

Clayton believes people should only run the rat race for a limited time and that they should eventually enjoy more time with their family and friends. With this goal in mind, Clayton methodically built a cash flow real estate portfolio while working as news anchor. In time it grew big enough for the cash flow to work it’s magic so that he could quit his “day job” and live free of the time restraints imposed by corporate America.

In this episode, Clayton shares how he pivoted from the news industry to the real estate business. He explains the actions taken to ensure a smooth transition and the positive changes that he noticed after leaving FOX NEWS. Clayton shares his tips on hiring the perfect property manager, how to manage them with guidelines and why he prefers a blend of B and C properties in his portfolio.

Five Key Points:

  1. Cash flow will be reduced if you’re working with the wrong people.
  2. It’s a problem if a property manager is spending more time online than they are leasing properties,
  3. Software is useless if the property is vacant.
  4. People don’t like to be nitpicked and micromanaged. If there are specific things you want someone else to do, you should try doing it yourself first.
  5. Money flows; it’s not something you hold on to.

 

Favorite Athlete:

Favorite book:

Pro tip:

  • Be focused on one thing at a time and be ready to say no to distractions.

Reach Out to Clayton Morris:

 

Thank you Clayton for taking the time to share your expertise on building a successful real estate portfolio with good cash flow.

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

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

© John Carney 2018