Posts tagged "real"

JC 105: Learning From Our Experiences with Dave Holman

January 21st, 2021 | no comments

Eventually, You’ll Get Your Home Run.

When it comes to the world of real estate investing, there doesn’t have to be a distinction between doing well and doing good. Enter Dave Holman, a man on a mission to use real estate to solve problems and improve communities. Having nearly a decade of experience as a real estate investor, Dave is passionate about teaching others how to achieve doing well by doing good.

Dave’s story did not start in real estate. His first major investment took place right out of college when he co-founded a multi-lingual retail chain in Bolivia, The Spitting Llama Bookstore and Outfitter, with the hope of improving the country’s social environment and ecology. It wasn’t until five years later that he entered the world of real estate investing and brokering with a similar mission: to help benefit residents, investors, and the planet.

Dave now co-owners 94 rental units in Southern Maine, enjoying his time working with investors, owners, residents, and contractors to help with energy efficiency, syndications, and property management. In addition to investing and brokering, Dave expresses his passions through writing and is the author of three books: Youth Renewing the Countryside, Coffee Smuggler, and Cyber Fire.

Dave Holman joins John Carney today in The Real Estate Locker Room to talk about the deals that work and the ones that don’t, and how we learn from the setbacks.

Key Points:

  1. Don’t try to hit a home run on your first time out.
  2. The economics of owning is better than the economics of renting.
  3. Sometimes the deals you don’t do turn out to be the best deals.
  4. Coordinate your team to make it work.
  5. Use your brain instead of your heart.

Favorite Sport:

  • Distance Running

Favorite Books:

Pro tip:

  • Investigate energy efficiency in your buildings. It will be one of your biggest expenses.
  • Search for focus.

Resources Mentioned:

Reach Out to Dave Holman:

Thank you, Dave, for taking the time to share your experiences 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 100: Consistency is the “Secret Sauce” with Johnny Williams

October 8th, 2020 | no comments

Know the Benefits of Controlling Real Estat

To celebrate Episode 100 I’m giving away 100 copies of my book 10,000 Miles to The American Dream. Learn how to receive your copy of the book in the show notes below!

John Williams was my 1stguest on the Real Estate Locker Room Podcast and I’m stoked to welcome him back to celebrate the 100thEpisode!

John doesn’t believe that you have to be the most talented person to be successful as a real estate investor. You have to leverage the talent that you do have and work hard.

Investing in real estate is cumulative and John’s advice is to learn from doing. Don’t be afraid to get your hands dirty and learn the business of fixing property by doing it.

John started his career with one single family home in 2001 and has scaled to managing over 1200 tenants and multiple mobile home parks.

Johnny Williams joins John Carney today in The Real Estate Locker Room to catch up on his successes during the past three years.

Key Points:

  1. Being able to control real estate will benefit you.
  2. Show up, be consistent and have the desire to be successful.
  3. Continue to build your portfolio so that you can expand.
  4. Buy little things, stack them together, sell them off for a big profit, then buy bigger stuff.
  5. Real estate is not a get rich quick business. Show up and put in the work every day. The harder you work, the more opportunities you get.

Pro tip:

  • Go deeper into how you are trying to find your properties.

Resources Mentioned:

Reach Out to Johnny Williams

  • jjrealestateholdings.com
  • john@jjrealestateholdings.com

10,000 Miles to The American Dream GIVE AWAY!!!

Because of our 100thepisode, we are giving away 100 copies of our book 10,000 Miles to The American Dream!

  • How to win:
    • Go to your preferred podcast platform.
    • Leave a review.
    • Send a screenshot to me via email, FB, or IG in a DM with your mailing address!
      • Email: john@johncarneyonline.com
      • Facebook: @JohnCarneyOnline
      • Instagram: @johnm_carney

Thank you, Johnny Williams for taking the time to share the secret sauce of consistency with the audience.

Sponsor: www.findcourses.com.

“If you want to learn more about sales in real state, sales training can provide you with the knowledge and development that will leverage your skills in this industry”.

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 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 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 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

JC 089: The 1031 Exchange with Dave Foster

April 29th, 2020 | no comments

The Real Estate Life You Want.

Dave Foster is a Qualified Intermediary (QI) investment professional that understands that real estate is really an investment in your future. As a multi-industry visionary, Dave has 20 years of experience working across all phases of real estate investing and facilitating 1031 Exchanges for investors.  From commercial to residential real estate, Dave brings his clients a fresh perspective and clear vision for strategic development. As an investor himself, he views each investment no matter the asset class as a unique opportunity for investors to maximize their returns.

Dave built his reputation on being a driven, results-oriented QI who works relentlessly to optimize value for the real estate investors with whom he works. He is inspired by a genuine desire to help real estate investors excel and Dave continuously strives to create win-win situations. Dave successfully worked toward the life he wanted and was able to do it by facilitating 1031 exchanges.

Dave Foster joins John Carney today in The Real Estate Locker Room to explain how to increase your wealth with 1031 exchanges.

Key Points:

  1. 1031 Exchange: In the statue of the IRS tax code, there are provisions that allow you to sell/purchase investment real estate, use a QI, and indefinitely defer paying tax on capital game. Investors may use that tax deferment to purchase more real estate and increase their wealth.
  2. Not limited to “buy and hold”. You may use the 1031 Exchange for any kind of real estate as long as it is for investment.
  3. 1031’s are not easy. Your QI is your investment guru.
  4. Timing requirements: You only have 45 days to identify a new property after the sale of the existing property. Your QI needs to be in place before the sale of the initial property.
  5. Advice to consider: Research your market. Focus on the big picture. Start early and be strategic. Ready, fire, aim does not work. Work with an expert.

Favorite Sport:

  • Basketball & Volleyball

Favorite Books:

Pro tip:

  • Follow your passion and follow it now.
  • Only do what your passion is and don’t do anything else. Otherwise, you are going to suck at it and burn out. 

Reach Out to Dave Foster

Thank you, Dave, for taking the time to explain the 1031 Exchanges and how they work 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 088: Real Estate Technology That Works with Jeffrey Brogger

April 15th, 2020 | no comments

Catching the Right Wave.

Jeffrey Brogger is a pioneer in the real estate technology space and the Founder of both STEEZY.Digital and RealNurture.io. He started his career as the Sales Manager at VECTOR/CUTCO, before moving on to head marketing at Redwood Empire and ultimately founding the two real estate technology companies that he is running today.

Driven by a mission to empower 100,000 Realtors with technology, Jeffrey is best known for his role as a National TV Talk Show Host on Real Men of Real Estate and has been featured on prestigious podcasts such as Pat Hiban’s Real Estate Rockstars.

Jeffrey Brogger joins John Carney today in The Real Estate Locker Room to discuss online lead generations and how to keep up with changing technology.

Key Points:

  1. If you chase every wave, you will catch none. Remain focused and have patience.
  2. The goal is to generate qualified sales conversations through social media.
  3. Mobile first marketing: SMS text and Facebook Messenger allow for higher open rates.
  4. Bite size content is important for allowing people to engage and increase your lead score.
  5. On boarding is a process that takes time. Jeff recommends a concierge to help with you with on boarding.

Favorite Sport:

  • Surfing

Favorite Athlete:

  • Kelly Slater – Surfing

Favorite Books:

Pro tip:

  • Know your strengths. Play to your strengths. There is a person out there who will do the things you hate, do it better than you and love it.

Resources Mentioned:

Reach Out to Jeffrey Brogger

Thank you Jeffrey for taking the time to share how to use technology to amplify your online presence and accelerate your lead generation.

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

Instagram: @johnm_carney
Twitter: @John_M_Carney

© John Carney 2020