Posts tagged "investments"

JC 082: How to Invest in Notes with Jim Maffuccio

January 8th, 2020 | no comments

Generating Cash Flow with Real Estate Notes.

Jim Maffuccio, the Founder and Principal of Aspen Funds, leverages his 30 + years of real estate experience to deliver cash flow to his investors using a financial vehicle that many haven’t discovered. Jim has become an expert on mortgage notes and his investors earn high yields every month without the built-in volatility of traditional investment options.

In 2009, Jim began investing in mortgage notes. Three years later, with his investments proving to be secure, consistent, and highly profitable, he partnered with Bob Fraser to launch Aspen Funds. To date, Aspen has purchased over 1,000 loans in more than 35 states and grown to three separate funds in just over seven years.

Jim Maffuccio joins John Carney today in The Real Estate Locker Room to talk about mortgage notes as an alternative real estate investment.

Key Points:

  1. Think of note investment as rehabbing the documents instead of rehabbing the home.
  2. Win/win situation: set up the homeowner to succeed with an affordable mortgage payment and you (and/or your investors) will make money on the investment.
  3. To be an active investor in note investing means becoming a hard money lender. Passive investing is investing in a mortgage fund and letting them do the work, and receive a check every month.
  4. You must do your homework and vet any alternative investments. Investor beware! Do not be passive when vetting out opportunities.

Favorite Sport:

  1. Basketball
  2. Nova Skiing
  3. Bicycling

Favorite Athlete:

  • Patrick Mahone

Favorite Books:

Pro tip:

  • Never stop educating. Spend the money and go attend conferences.
  • Develop a skill and find out what you are really good at. Know what you are not good at and find the people who are then partner up with them. 

Reach Out to Jim Maffuccio

  • www.aspenfunds.us

Thank you, Jim Maffuccio, for taking the time to discuss how to make a profit by note investing 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 076: Investing from Afar with Kevin Dhillon

October 2nd, 2019 | no comments

How to Manage Global Real Estate Portfolio

Kevin Dhillon started his real estate investing career in 2006, with a single-family home in Melbourne, Australia. He relocated to the United States in 2011 with his wife where they continued to expand their real estate portfolio.

Kevin’s passion for wealth creation through real estate allowed him to quit this job while still in his 20s and focus on investing full-time. His holdings include multifamily apartment communities, mobile home communities and triple net retail shopping centers across the USA in addition to residential and commercial real estate in Australia. Currently based in Singapore, Kevin is continually growing and expanding his property portfolio with like-minded investors through syndicated projects in the US.

Kevin Dhillon joins John Carney today in The Real Estate Locker Room to help others put their idle capital to use by investing in cash flowing US real estate.

Five Key Points:

  1. Go for something that will allow you to create momentum. Co-owning or co-investing may better align your incentives. This model allows other people to bring their investments to you.
  2. You need a great management team.
  3. Asset selection and asset type are just as important as selecting the right team. Quality over quantity.
  4. The type of asset will decide how close you need to be. Factories, retail spaces, or offices are easier to manage from a distance.
  5. Daily routine to stay focused: Prayer, splitting time being with family or working and work hard.

Favorite Sports:

  • Tennis
  • Soccer
  • Motorsports

Favorite Athlete:

Favorite Books:

Pro tip:

  • Look for the arbitrage play.

Reach Out to Kevin Dhillon:

Thank you, Kevin Dhillon, for taking the time to discuss managing a global 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 030: Raising Money and Crowdfunding with Amy Wan

November 1st, 2017 | no comments
How to raise funds to pursue large real estate investments 

Amy Wan is the Founder & CEO of Bootstrap Legal, a business that automates the drafting of legal paperwork for real estate private equity, syndication, and crowdfunding deals. Prior to founding Bootstrap Legal, Amy was a partner at Crowdfunding Lawyers and General Counsel at Patch of Land a real estate marketplace lending and crowdfunding platform. Amy was also named one of the Top 10 Women to watch in Legal Tech by the American Bar Association Journal and was nominated for Corporate Counsel of the Year Award by LA Business Journal.

Amy founded Bootstrap Legal as a means to fill the gap in accessibility to legal services. Her company aims to make it more affordable for aspiring entrepreneurs who don’t have a trust fund or roll with the rich crowd to prepare the necessary paperwork. Their services apply artificial intelligence to the drafting of legal documents for those looking to raise capital – especially those looking to get into real estate.

Five Key Points:

  1. Money is universally translatable and universally respected.
  2. An accredited investor is basically a “wealthy person” who has money to lose.
  3. Whenever you are selling a security, you always want to disclose everything.
  4. Disclosure is important because the SEC doesn’t care what you sell. What they do care about is giving investors all the information they need.
  5. Lawyers are good investments for real estate investors. They draft documents to protect clients like you.

 

Favorite Athlete:

Favorite book:

Pro tip:

  • Lean on your network of family and friends, and people who support you and believe in you.

Reach Out to Amy Wan:

Thank you Amy for taking the time to share your expertise on real estate syndication with us.

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 2017