BigMikeFund

By Mike ZlotnikBusiness Entrepreneurship Investing

BigMikeFund episodes

August 19, 2019 042: How to Raise Money from Mom and Pop Investors
My guest today is Jay Conner from Moorhead City, North Carolina. A big, kind shark in a small pond, he works in small-town real estate investments. Today we talk about raising “small money, ‘mom-and-pop’ style money” for real estate deals.
MINUTE MARKERS:
00:30 -- Introduce Jay Conner to the show
00:53 -- Moorhead City, North Carolina
01:41 -- Small city with private funds “Mom and pop money for real estate deals”
02:05 -- Why “mom-and-pop money” is great for businesses who need investments
04:17 -- Giving Jay Connor credit for his amazing accomplishment
05:11 -- How do you go from $0.00 to $2 million in 90 days?
05:37 -- Develop a program to offer people
06:18 -- “Warm market”
06:57 -- Jay’s program
08:34 -- Why Jay’s program is perfect for “soft money” lenders
09:09 -- How do you bridge the trust between you and a “soft money” lender?
09:40 -- “Positioning”
12:15 -- Focus on the program
13:46 -- The bottom line answer
14:18 -- How does a brand new real estate investor do this program?
15:20 -- Recap of Jay’s answer
15:28 -- One of the best ways-these days-to deliver a message and why
17:13 -- The three types of partners
18:07 -- How to break through on your warm leads
18:51 -- How to host a successful private lender luncheon
19:15 -- Who do you invite to a private lender luncheon
20:37 -- How to have credibility at private luncheons
21:21 -- The good ol’ traditional way to build investor trust in small towns
23:14 -- Jay’s free online class
24:00 -- Thank you, Jay!
24:16 -- Thank you for listening to the Big Mike Fund Podcast
RESOURCES:
Tempo Management Group LLC: https://tempofunding.com/
Jay’s Free Online Class: https://www.jayconner.com/training/wtgtmn-webinar-rev2/
25 min
August 09, 2019 042: Big Mike Fund Podcast with Mike Zlotnik & Jay Conner.
My guest today is Jay Conner from Moorhead City, North Carolina. A big, kind shark in a small pond, he works in small-town real estate investments. Today we talk about raising “small money, ‘mom-and-pop’ style money” for real estate deals.
MINUTE MARKERS:
0:30 — Introduce Jay Conner to the show
0:53 — Moorhead City, North Carolina
1:41 — Small city with private funds “Mom and pop money for real estate deals”
2:05 — Why “mom-and-pop money” is great for businesses who need investments
4:17 — Giving Jay Connor credit for his amazing accomplishment
5:11 — How do you go from $0.00 to $2 million in 90 days?
5:37 — Develop a program to offer people
6:18 — “Warm market”
6:57 — Jay’s program
8:34 — Why Jay’s program is perfect for “soft money” lenders
9:09 — How do you bridge the trust between you and a “soft money” lender?
9:40 — “Positioning”
12:15 — Focus on the program
13:46 — The bottom line answer
14:18 — How does a brand new real estate investor do this program?
15:20 — Recap of Jay’s answer
15:28 — One of the best ways-these days-to deliver a message and why
17:13 — The three types of partners
18:07 — How to break through on your warm leads
18:51 — How to host a successful private lender luncheon
19:15 — Who do you invite to a private lender luncheon
20:37 — How to have credibility at private luncheons
21:21 — The good ol’ traditional way to build investor trust in small towns
23:14 — Jay’s free online class
24:00 — Thank you, Jay!
24:16 — Thank you for listening to the Big Mike Fund Podcast
RESOURCES:
Tempo Management Group LLC: https://tempofunding.com/
Jay’s Free Online Class: https://www.jayconner.com/training/wtgtmn-webinar-rev2/
TWEETS
“‘Mom-and-pop money is very favorable to you as a project sponsor, as an operator, as a fix-and-flipper, because it’s generally friendly. It’s soft money.” — Mike Zlotnick
“Recorded video in today’s day and age is one of the best ways to deliver a message.” — Mike Zlotnick
“What is it that is going to make them feel good about doing business [with you]?” — Jay Conner
“Education works better than trying to sell them.” — Mike Zlotnick
0 min
August 05, 2019 041: Real Estate Syndication Explained: How to Get Started
My guest today is Whitney Sewell, the Director at Lifebridge Capital. He’s involved in real estate syndications. We discuss the basics of syndications and what kinds of deals Whitney is seeing in the course of his work.
Blaine has some helpful suggestions about how to get started in syndications.
MINUTES MARKERS
00:00 -- Introduction to the Big Mike Fund Podcast.
00:29 – Welcome Whitney Sewell to the podcast
00:41 -- Who is Whitney
03:39 – What Whitney is doing in real estate syndications
05:10 – Whitney’s podcast
05:58 – How someone gets started in syndication
06:34 – How to find sponsors for syndication
12:18 – What kind of syndication deals Whitney is seeing today
17:32 – Examples of interesting deals coming through the syndication pipeline
21:28 – Best practices to find multi-family deals off-market
25:21 – Thoughts and suggestions from Whitney
28:45 – How to contact Whitney
30:00 -- Outro to the Big Mike Fund Podcast.
RESOURCES
Whitney Sewell
Lifebridge Capital
The Real Estate Syndication Show
The Road Less Stupid
[email protected]
31 min
July 26, 2019 041: Real Estate Syndication Explained: How to Get Started
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31 min
July 15, 2019 040: Clarity Mindset for Financial Goals
My guest today is Blaine Oelkers, the Chief Results Officer at Freedom Founders Mastermind Group. He has a successful method that helps his clients achieve their financial goals. We discuss his approach to helping his clients and how Masterminds are the perfect tool to do that.
Blaine has some useful reading recommendations and a personal approach that makes him great to work with.
MINUTES MARKERS
00:00 -- Introduction to the Big Mike Fund Podcast.
00:22 -- Welcome Blaine Oelkers to the show.
01:40 -- Who is Blaine?
02:50 -- Why Blaine chooses to work from home.
05:14 -- How to encourage a desire for wealth and leadership thinking.
07:11 -- How the book, Think and Grow Rich helped Blaine.
10:46 -- The power of mastermind groups.
11:57 -- The differences between Freedom Founders and Collective Genius.
14:42 -- The concept of masterminding with God.
17:35 -- How to achieve results in your financial goals.
19:30 -- Celebrating weekly wins.
19:59 -- How to focus your clarity.
20:29 -- Staying accountable to your goals and results.
23:16 -- Blaine’s contact information.
25:02 -- Thank you to Blaine for joining the podcast.
26:11 -- Outro to the Big Mike Fund Podcast.
RESOURCES
Blaine on LinkedIn
Blaine’s Tedx Talk
Forced Clarity
Freedom Founders
TF Management Group
Real Estate Investment Fund: How to Choose a SMART Real Estate Investing Fund: Top 10 Biggest Mistakes To Avoid Before Investing Into a Real Estate Fund (Private Money, REITs, Equity, Structure, Tax) by Mike Zlotnik
Think and Grow Rich by Napoleon Hill
27 min
July 10, 2019 040: Clarity Mindset for Financial Goals
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27 min
July 01, 2019 039: Risk-Adjusted Returns in a Nutshell
Today, I offer you a presentation about risk-adjusted returns. Listeners have been asking me, “how do I calculate my risk-adjusted return?” Well, I will do my best to answer that question and cover how variables like investment quadrants, market conditions, and sponsors affect the calculation.
MINUTES MARKERS
00:00 -- Introduction to the Big Mike Fund Podcast.
00:22 -- Welcome to the show.
00:58 -- How to calculate risk-adjusted returns.
01:43 -- A little bit about me.
02:44 -- How to learn more about my business and contact me.
03:33 -- Why do we care about risk adjustment returns?
05:26 -- A project must fit your portfolio.
06:32 -- Understanding and identifying speculative investments.
07:30 -- The pros and cons of the 4 investment quadrants.
08:57 -- Quadrant one -- cash flow focus.
10:05 -- Quadrant two -- growth focus.
10:56 -- Quadrant three -- Speculative grade projects.
11:30 -- Quadrant four -- ground-up projects.
12:00 -- All projects have risk, remember that.
12:33 -- The types of risk you can expect.
13:28 -- How do you compute risk-adjusted return?
14:17 -- The risk-versus-reward side of the capital stack.
14:53 -- The pros and cons of Senior Debt.
15:43 -- What are Junior Debt and preferred equity?
16:09 -- The joint venture equity and common equity option.
16:48 -- How do you compute loss reserves?
19:15 -- Why market conditions are important.
20:37 -- The stress test you can use to help your calculation.
24:39 -- My opinion about losses in a normal market.
28:37 -- Loss reserves for investment grade projects versus speculative projects.
30:01 -- The risk level of Speculative grade projects.
31:18 -- ROI expectations regarding investment quadrants.
34:22 -- Cash flow expectations regarding the investment quadrants.
37:16 -- What is a quality cash flow syndication or a similar fund focused on the cash flow?
41:00 -- The role of a good sponsor.
42:45 -- Should you invest in individual deals or funds?
45:05 -- Thank you for joining me for today’s episode.
45:42 -- Outro to the Big Mike Fund Podcast.
RESOURCES
The Big Mike Fund
46 min
June 18, 2019 039: Risk-Adjusted Returns in a Nutshell
Today, I offer you a presentation about risk-adjusted returns. Listeners have been asking me, “how do I calculate my risk-adjusted return?” Well, I will do my best to answer that question and cover how variables like investment quadrants, market conditions, and sponsors affect the calculation. MINUTES MARKERS 00:00 — Introduction to the Big Mike Fund Podcast. 00:22 — Welcome to the show. 00:58 — How to calculate risk-adjusted returns. 01:43 — A little bit about me. 02:44 — How to learn more about my business and contact me. 03:33 — Why do we care about risk adjustment returns? 05:26 — […]
41 min
June 18, 2019 039: Risk-Adjusted Returns in a Nutshell
Today, I offer you a presentation about risk-adjusted returns. Listeners have been asking me, “how do I calculate my risk-adjusted return?” Well, I will do my best to answer that question and cover how variables like investment quadrants, market conditions, and sponsors affect the calculation.
MINUTES MARKERS
00:00 — Introduction to the Big Mike Fund Podcast.
00:22 — Welcome to the show.
00:58 — How to calculate risk-adjusted returns.
01:43 — A little bit about me.
02:44 — How to learn more about my business and contact me.
03:33 — Why do we care about risk adjustment returns?
05:26 — A project must fit your portfolio.
06:32 — Understanding and identifying speculative investments.
07:30 — The pros and cons of the 4 investment quadrants.
08:57 — Quadrant one — cash flow focus.
10:05 — Quadrant two — growth focus.
10:56 — Quadrant three — Speculative grade projects.
11:30 — Quadrant four — ground-up projects.
12:00 — All projects have risk, remember that.
12:33 — The types of risk you can expect.
13:28 — How do you compute risk-adjusted return?
14:17 — The risk-versus-reward side of the capital stack.
14:53 — The pros and cons of Senior Debt.
15:43 — What are Junior Debt and preferred equity?
16:09 — The joint venture equity and common equity option.
16:48 — How do you compute loss reserves?
19:15 — Why market conditions are important.
20:37 — The stress test you can use to help your calculation.
24:39 — My opinion about losses in a normal market.
28:37 — Loss reserves for investment grade projects versus speculative projects.
30:01 — The risk level of Speculative grade projects.
31:18 — ROI expectations regarding investment quadrants.
34:22 — Cash flow expectations regarding the investment quadrants.
37:16 — What is a quality cash flow syndication or a similar fund focused on the cash flow?
41:00 — The role of a good sponsor.
42:45 — Should you invest in individual deals or funds?
45:05 — Thank you for joining me for today’s episode.
45:42 — Outro to the Big Mike Fund Podcast.
RESOURCES
The Big Mike Fund
Real Estate Investment Fund: How to Choose a SMART Real Estate Investing Fund: Top 10 Biggest Mistakes To Avoid Before Investing Into a Real Estate Fund (Private Money, REITs, Equity, Structure, Tax)
46 min
June 17, 2019 038: Behind the Collective Genius Mastermind
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32 min