Creative Capital

Mack Benson is a man of many talents. This is a guy who closed a new construction, seller financed, 1031 exchange, JV deal as his first ever multifamily deal! Literally chose some of the more complex strategies to tackle on his first investment and knocked it out of the park!

Today, we get to dive in to his whole strategy, how it all worked out for him, how he was able to find a mentor to teach him how to do deals like this, how to stay persistent, how to find off-market seller financed deals in this market, and more!

Tune in for the full story and don't forget to subscribe and follow us on social media!

Linkedin: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Facebook: https://www.facebook.com/joshua.ferrari.16/

There are a few terms out there that most investors get confused and don't quite grasp as I was one of those investors early on in my journey.

So today, we dive into the meaning behind some of the terms and help you understand the full realm of the real estate investing language to help you sound/look smarter when communicating with others/investors, as well as grow your knowledge and help you scale.

Let's dive in!

Brian Cowan's story is one of many... Many of us started from scratch working a W2 job, longing for financial freedom, and finding out that real estate is a way to achieve that.

Well, Brian fully executes on this dream, starts wholesaling, buys his first fourplex deal, sleeps with the cockroaches, and makes his dream a reality. His sheer determination, his "why", and his passion for a better lifestyle are but a few things that fueled him along the way.

Of the many things we discuss today, one of most important is knowing that you can do it regardless of whatever your current financial situation may look like. It's much more important THAT you get started, then WHAT you get started with.

Tune in for Brian's many words of wisdom, a few laughs, some deep insight into how Brian lost over 80lbs, and even his crazy cave story which may or may not include rattlesnake tongs...

Have you ever wondered how to even submit an offer on a multifamily deal? People talk about LOI's and PSA's but what does any of that even mean?

Today we dive into the guts of how to form your offer (LOI) so that your's can stand out and you can ultimately win the deal! (Even in this competitive market)

It's a simple process that will give you that competitive edge...

Tune in for the full story!

In today's hot market it's extremely difficult to find good deals that pencil with rising interest rates, increased competition, supply and demand fundamentals, compressed cap rates, and sale prices that just don't make sense.

Today we dive into exactly how to find those 2X Equity Multiple deals in 12 months or less with targeted marketing and strategic execution.

I know it's still possible to find these deals in this market because we found one just 2 weeks ago with only 6 calls!

Tune in to hear more about how to find these hidden gems and don't forget to subscribe, leave a rating/review, and follow us on social media!

Facebook: https://www.facebook.com/joshua.ferrari.16/

Linkedin: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Welcome to this week's No-Limit Minute, we'll be talking about how to start your very own podcast. Whether you're a novice or an experienced podcaster, there are many different ways to get started.

[00:00 - 04:13] Opening Segment

• There are a variety of different ways how you can start your podcasting journey.
• Podcasting can be an additional thought leadership platform that you have for yourself and your business.

[04:14 - 07:47] How to Start Your Own Podcast

• Choose the topic of your episode
• Know how to record the episode
• Create the intro and outro for your episode
• Edit and market your episode

[07:47 - 12:35] Closing Segment

• Podcasting can be done relatively cheaply if you do most of the work yourself
• POD DECKS is great for starting a podcast
• Additional tips:
• Use a good microphone and recording equipment
• Podcast Editing Know-Hows

Connect with me!

You can reach and connect with me

Facebook: https://www.facebook.com/joshua.ferrari.16/

LinkedIn: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Instagram: https://www.instagram.com/ferraricapital

Youtube: https://www.youtube.com/channel/UCBXmi10tWHWL44N6hx1R-Ag

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.

LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.

Listen to our previous episodes here

Key Quotes

"It doesn't take a lot of money to start a podcast if you want to do all the work yourself." - Josh Ferrari

How do you get more clients in the syndication space? In this episode, learn five key lessons I have learned throughout my multifamily syndication journey in order to prove that I can do it and to establish my credibility in syndications.

[00:01 – 01:56] Opening Segment

● Prove that you can do it

● Get more credibility

[01:57 – 21:12] 5 Lessons Learned From a Full Cycle Syndication

● Buying a deal with an active insurance claim is a hidden value-add.

● Conservatism is 100% an overused word but it is absolutely an underused metric.

● Selling a deal completely off-market isn't as difficult as you think.

● Selling early isn't always a good thing.

● Don't forget to go through your financials and make sure you have the right numbers.

[21:13 – 23:05] Closing Segment

● Final reminders for your full cycle syndication

● Know more, visit ferraricapital.com/coachingprogram

Key Quotes

"Don't forget to go through your financials and make sure you have the right numbers before publicizing it to social media." – Josh Ferrari

Connect with me!

You can reach and connect with me

Facebook: https://www.facebook.com/joshua.ferrari.16/

LinkedIn: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Instagram: https://www.instagram.com/ferraricapital

Youtube: https://www.youtube.com/channel/UCBXmi10tWHWL44N6hx1R-Ag

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our websitehttps://www.ferraricapital.com

SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.

LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.

Listen to our previous episodeshere

We all dream to be millionaires. And we all dream to achieve financial independence and generational wealth! But how do we do that? More interestingly, how do we make ourselves millionaires in as fast as 30 days? In this episode, I'll be sharing with you my experience of how I raised millions in that short span of time. Tune in!

[00:01 - 01:15] Important Notice!

• No episodes with guests to be released for the next month
• Friday-Free Episodes for the Next 30 Days

[01:16 - 14:30] 3 Tips to Raise Millions of Dollars in 30 Days or Less

• Reveal your secret identity on social media
  • Go on Facebook Live and show who you really are
  • Get people to relate with you
• Referrals Go A Long Way
  • Create relationships and have warm introductions
  • Dealing with cold leads requires a different kind of strategy
• Get Personal
  • How to build personal relationships
  • The Impact of Personal Relationships on Business

[14:31 - 15:22] Closing Segment

Connect with me!

You can reach and connect with me

Facebook: https://www.facebook.com/joshua.ferrari.16/

LinkedIn: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Instagram: https://www.instagram.com/ferraricapital

Youtube: https://www.youtube.com/channel/UCBXmi10tWHWL44N6hx1R-Ag

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.

LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.

Listen to our previous episodes here

Key Quotes

"When I'm getting on the phone with folks, I want to know more about them as an individual. I want to create that personal relationship with them so that I can then pivot that into an investment to create financial independence and generational wealth." - Josh Ferrari

"You don't have to pry super deep into their personal lives but you need to get to know people." - Josh Ferrari

"95% of the whole world buys on emotion and justifies with logic later." - Josh Ferrari

Think about it this way: real estate isn't just about buying or selling a home. It's about creating an impact on the community around you. Whether that's through renovations that you make to your home or through giving back to your local charity, there are many ways that you can use real estate to make a difference in your community and improve the lives of others.

[00:01 - 04:52] Let's talk about interest rates!

• Don't miss out on this 100% heart and soul mentorship coaching for only $99.95. Head on straight to www.ferraricapital.com
• The impact of interest rates on real estate investments
• Rising Interest Rates
  • Challenges faced by investors to get good returns
  • How to Make a 13%-Interest Rate a Fantastic Deal

[04:53 - 11:19] Current State of the Market with Rising Interest Rates

• Interest rates are slowly coming back up
• A crash is not likely, but there may be a slight reduction in prices as a result
• A possibility of new opportunities coming about as interest rates continue to rise
• The softening of the market and increasing cost of goods is a positive trend for the commercial real estate market5
• Why now might be a good time to refinance for higher interest rates.

[11:20 - 13:22] Get Lower Interest Rates

• There are a variety of options available that can provide different levels of leverage and returns.
  • Do your research and figure out what will work best for you

Key Quotes

"Hopefully, the government's goal with actually increasing the interest rates is to soften the market a little bit, slow it down, create less competition. Fewer people going crazy and submitting drastically high offers on all these deals will hopefully bring valuations and prices in the market down just a little bit." - Josh Ferrari

"As far as interest rates go, I implore you as you see interest rates start to rise, maybe now's the time to execute on a refinance." - Josh Ferrari

"Whatever you do, don't just sit back and do nothing, either dive headfirst dive in, do some more research and figure out what it is you want to do in terms of buying now or refiling pulling equity out of this deal selling a deal. Don't miss out on great opportunities." - Josh Ferrari

Connect with me!

You can reach and connect with me

Facebook: https://www.facebook.com/joshua.ferrari.16/

LinkedIn: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Instagram: https://www.instagram.com/ferraricapital

Youtube: https://www.youtube.com/channel/UCBXmi10tWHWL44N6hx1R-Ag

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.

LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.

Listen to our previous episodes here

Are you looking to accelerate your real estate success but have no idea how? In today's episode, we will be talking about my absolute favorite kind of real estate investing, multifamily. And we will also be deep-diving into mentorships, and coaching, what that entails, and what it looks like.

Michael brings solid experience with nearly every stage of residential real estate investing: from finding off-market discount properties, planning, and managing renovation, determining the proper exit strategy, refinance or rent, marketing, and listing the properties as a retail agent. In a few short years, he was able to leverage the sales of Fix and Flip properties into a portfolio of smaller multi-family properties and currently owns 8 units.

Prior to real estate, Michael worked as a sales professional in Tel Aviv, Israel for a software company.

[00:01 - 11:02] Rock Your Way to Real Estate

• Don't miss out on our 100% heart and soul mentorship coaching. Head on straight to www.ferraricapital.com and be a part of the Ferrari Capital Group Coaching Program!
• How Michael entered real estate from a rock star background
• Michael's transition from single-family to multifamily, motivations, markets, and more

[11:03 - 21:46] Shifting to Larger Deals through Education

• Two requirements in doing larger deals
• The differences in the benefits between single-family and multifamily
• Shifting mindsets from doing a 4-unit to 50-unit property through education
  • Check out Multi-Family Millions by David Lindahl

[21:47 - 28:58] Accelerating Your Success Through Mentorship

• Michael shares the story of how he created a strong partnership connection as a product of attending mentorship programs
• Choosing the Right Mentorship Program for Yourself
  • Read books and follow the authors you like
  • The true value is in the networking and immersion

[28:59 - 38:37] Michael's Current Portfolio

• Scaling the business in New Mexico and Arizona
  • Pursuing smaller deals because "when they pencil good, they pencil good."
• Internal Partnerships and Capital Raising in 2022
• What Makes Michael Stand out from other Sponsors
• Real estate has an infinite amount of ways to invest, create, and preserve wealth
• The future of Nimble Capital Group

[38:38 - 49:31] Wrapping Up!

• The Pod Decks Segment
• The Core Four Segment
  • Check out Raising Capital for Real Estate by Hunter Thompson

Connect with Michael Wagman on LinkedIn and Instagram

Key Quotes

"Education is kind of the foundation of everything we do. When it comes to real estate and financial literacy in general in this country, there's nobody out there to teach it to you unless you take it upon yourself to learn it." - Michael Wagman

"You're never gonna regret spending money on your education." - Michael Wagman

"Just start and then persevere. Real Estate takes a lot of time." - Michael Wagman

Connect with me!

You can reach and connect with me

Facebook: https://www.facebook.com/joshua.ferrari.16/

LinkedIn: https://www.linkedin.com/in/joshua-ferrari-6b9107160/

Instagram: https://www.instagram.com/ferraricapital

Youtube: https://www.youtube.com/channel/UCBXmi10tWHWL44N6hx1R-Ag

You can also email me at [email protected]

For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com

SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments.

LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business.

Listen to our previous episodes here