Creative Capital

Don't get too excited about that opportunity without doing proper research and really thinking about it. It doesn't matter if it's small or large asset, due diligence will save you from all the stress and heartaches when that opportunity turns out to be a problem. Let's get right to it!

[00:01 - 13:55] Deep Dive Into the Micro and Macro Details

• Look at the trends, population and growth
• Talk to the property management face to face
• Actually tour the property
• Drive through the city
• Talk to some locals and local business owners both of small and large businesses
• Talk to other lessor
• Trust your instinct
• And some guide questions you can use to inspect on a micro and macro level

Connect with me!

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

Josh gets into the core of how Chad King achieved millions at a young age. After graduating Florida State University with degrees in Finance & Accounting, Chad got into sales with Xerox, selling copiers door to door. While becoming the top producer at the company, Chad was simultaneously studying successful individuals that had tremendous wealth & prosperity. He noticed a common theme amongst many of them… Real Estate.

With nothing but an amazing woman by his side, Chad jumped into Real Estate full time. Starting in the wholesale/fix and flip space, to date, Chad has completed over 450 wholesale/Fix and Flip deals. He is now the owner of several companies in different verticals, an accomplished investor, and a business coach; teaching sales, investing, asset acquisitions, and income stream building.

Chad's passion is building generational wealth through investing in assets; he currently owns 635 units of multifamily apartments that he has acquired through direct purchases and completing 506 (b&c) syndications. Chad achieved financial freedom in his late 20's and became a multimillionaire before the age of 30.

When he's not working you can catch Chad on the golf course or hanging out with his awesome wife and daughter.

[00:01 - 16:23] How It All Started

• From selling copiers to owning 635 units
• How he closed his first deal with limited cashflow
• Mentorship as an investment and how it can avoid you from bad deals

[16:24 - 49:22] How to Be Successful in Real Estate Investing

• His transition from wholesaling and flipping to multifamily
• Get yourself educated before taking the big leap
• Know your goals and do the math
• Chad's core values and how it helps him find the best partners in business
• Let people know what you do. Network!
• The criteria to attract investors
• Chad's prediction: 2027 is going to be a brutal year

[49:36 - 53:45] Pod Decks Segment

• Would you rather be hated or forgotten?
• What's invisible but you wish people could see time?
• Bonus question: Guinness World Record Do you think you could break in the future?

[53:52 - 1:00] Core Four Questions with Chad

• Favorite business-related book?
• What do you think your unique skill is that helps you become successful?
• Something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Key Quotes

"You got to commit, you got to commit first and you got to figure the rest out later." - Chad King

"I know what it feels like to have your back against the wall. It's a scary feeling. But you develop a level of resourcefulness when you have no other way but forward when there's no path but forward. You will figure it out. I mean you're not going to die.A lot of people kind of overestimate the feelings of discomfort, like it's just uncomfortable but uncomfortable is growth. And that's where you're going to figure out, you know who you are. It's where characters built."- Chad King

"I wish people could see the time they have left. And realize two things. Number one you have you have abundant amount of it like there is a lot of time left. People say life is short, but I think life is long. It's the most long, abundant journey ever. And you need to start doing things that your future self will thank you for. And I also think that you need to realize that every second is absolutely precious because you can't get it back." - Chad KingResources Mentioned

Extreme Ownership: How US Navy SEALs Lead and Win

Connect with Chad!

LinkedIn: https://www.linkedin.com/in/chad-king-21521690/

Facebook: https://www.facebook.com/chad.king.359

Connect with me!

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

An exciting and value-bombed episode today by Josh as he talks about the two best options in raising capital. These two rules have a lot in common, but there are also some distinct differences you need to be aware of. Let's get right to it.

[00:01 - 10:31] The 506(b) and 506(c) Comparison

• 506(b)
  • Josh refers to associate b on 506(b) with "buddy"
  • Enables to raise money through a private offering
  • Accepts sophisticated investors without advertising
  • Faster scale growth
• 506(c)
  • Where c on 506(c), Josh associates with "commercial"
  • Advertising is allowed
  • Can accept accredited investors
  • Allows you to raise a lot more money giving you a competitive advantage
  • Accountants are exempted from the rule on accredited investor requirements

Connect with me!

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

As technology advances, so is the way we deal with financial transactions and investments. It is only natural that it would also change the way we approach real estate.

In this episode, we are joined by Ellis Hammond, Co-Founder of Symphony Capital Group (SCG). Ellis Hammond served six years as a Christian pastor before deciding to focus his efforts on serving real estate investors. As head of investor relations for SCG, he brings this same service-first-oriented approach to every interaction with investors. Through his vision and leadership, Ellis has led SCG through the acquisition of more than eighty-seven million dollars of commercial real estate in 2021.

Get to know the future of the real estate and cryptocurrency from one of the experts and stick to the end to hear his value-bomb advice to those who want to succeed in real estate investing.

[00:01 - 15:45] How It All Started

• From a college pastor to successful real estate investor: How he made it in just three (3) years!
• Investing based on future prediction versus Investment by creating value
• His spiritual journey and its role to his success
• The secret to his optimism

[15:53 - 22:18] Introduction to Cryptocurrency into real estate investing

• What is a cryptocurrency and how does it work?
• How cryptocurrency will revolutionize the real estate game
• Buying real estate assets through crypto

[22:42 - 41:01] The Future Of Real Estate Transactions On The Blockchain

• The difference between bitcoin and blockchain
• Illiquidity in real estate investing
• What would happen if the market drops?
• The future of Symphony Capital Group as an industry leader

[43:06 - 49:02] Pod Decks Segment

• Sshh... R-rated question
• The best inside joke you've been a part of
• What's something you wouldn't do or have done that people would assume you would never do?
• Tell me something that's true about real estate that almost nobody agrees with you on?

[49:28 - 55:29] Core Four Questions with Ellis

• Favorite business-related book
• What do you think a unique skill that helps you become successful?
• Something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Key Quotes

"Real estate is actually not the end game for the wealthy. It is the starting point for those who want to build and create wealth in their lifetime." - Ellis Hammond

"God will not fail to supply us with the needs and resources for that, which he's called us to." - Ellis Hammond

"If you're not at least investing in crypto to understand it, you're missing out on what will be the future inevitably, rather than in two years, five years or 10 years, we will all be on the blockchain doing transactions." - Ellis Hammond

Connect with Ellis!

LinkedIn: https://www.linkedin.com/in/ellishammond/

Website: https://www.kingdomrei.com

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

For the longest we've always viewed debt with its negative connotation and believed that real estate as what financial experts say is the real deal. But what if I tell you that it's the opposite?

It's an exciting episode today as I dig into debt opportunities, real estate investing and why you need to strategize your financial investing today.

[00:01 - 10:31] Real Estate is the Liability... Debt is the Asset

• Do not buy a property in full payment. Use the cashflow as downpayment to buy other properties
• Leverage debt by negotiating better rates and terms
• Beat the inflation by using debt on property investing
• Pivot your financial investing today in preparation of the future of US economy

Connect with me!

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

Have you ever thought about how other people are able to make it big in the business world? I'll let you in on a secret... It is all in the power of negotiation. You may have the best offer but if you do not know how to negotiate, you would still be declined.

In today's episode, we are joined by Johnny Nelson, an experienced Mechanical Engineer turned Fund Manager to share with us tactical negotiation strategies so you can win on that opportunity!Johnny Nelson is a Fund Manager focused on A & B Class Multifamily Real Estate, with a passion and expertise in the Affordable, Additive, Modular & ADU Development space. A graduate degree focused in Material Science from The University of North Dakota.

He is an experienced Mechanical Engineer with a demonstrated history of working in the additive hydraulic, electrical and medical industries. General Contractor based in Homer AK, with a specialization in Light Commercial and Custom Residential.

Johnny is also skilled in Statistical Process Development, Lean Six Sigma Process Improvement, Laboratory Analysis, CAD, CFD, FEA, Project Management, and Strategic Business Development. Extensive Modeling and Additive Manufacturing experience.

He defines himself as hungry and a continuous learner, with an endless curiosity about the world around him.

[00:01 - 13:47] How It All Started

• From guarding construction sites against bears to an experienced mechanical engineer to a successful Fund Manager
• Living with a big family taught him how to work with people

[15:38 - 21:21] The Do's & Don'ts in Real Estate Negotiation

• Maintain a calm demeanor
• Active Listening

[15:38 - 21:21] How To Prepare for A Negotiation

• Mirror the other party in a way that feels natural, not knowing that negotiation is happening
• Repeat the last few keywords that someone said and ask to elaborate

[27:10 - 42:04] Tactical Negotiating Strategies that you can win to win a deal

• Add value other than what is expected of you
• Differentiate yourself from competitors
• Make them feel that they are working with real people
• Build a team to build credibility
• Create a relationship by establishing an emotional connection
• Determine the trigger points of the seller

[42:13 - 47:17] Pod Decks Segment

• How do you plan your day?
• How do you organize your budget?
• What will people look back at us?

[49:04 - 55:44] Core Four Questions with Johnny

• Favorite business-related book
• What do you think your unique skill is? That helps you become successful.
• something that's true about real estate that almost nobody agrees with you on?
• What one piece of advice would you give to our listeners wanting to succeed in real estate investing?

Key Quotes

"You can't have the same assumption with a different set of conditions or facts." - Johnny Nelson

"You want to go or at least have an idea of where you want to go and take a step in that direction. You're not going to know what to do. It's not going to feel right, it's going to feel very uncomfortable. But take a step in that direction. And then the next day, take another step in that direction, and just keep chipping away towards that goal that you want to achieve." - Johnny Nelson

Connect with Johnny!

LinkedIn: https://www.linkedin.com/in/johnnynelson/You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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 life.

Listen to our previous episodes here

Do you take for granted what you have now in pursuit of your goal? That could sometimes happen when we are too driven and focused on the prize. We forget to take time to breathe and appreciate what we already have not knowing that sometimes, what we really need is right in front of us. That's exactly what happened to me a few years back when I was juggling my day job and side hustle.

In retrospect, I am grateful that I took the time to examine my situation and make use of the resources that I already have in order to reach my goals.

Join me today as I look back on my career journey to closing my first ever real estate business deal. Listen in!

[00:01 - 10:48] Don't Be In A Hurry To Get Out of W-2 Employment

• It allows you to have time to spend time with other important matters by having days off.
• You have a stable source of income while being in a transitionary phase of your business.
• It's a source of cash flow.

[10:49 - 13:30] When Things Don't Go Your Way…

• Establish your goal, focus, and stick to it.
• Analyze what worked and what didn't. Adjust your strategy based on what you think is working.
• Do not be in a hurry. It took me two years to close my first deal.
• Never give up. Keep your sights focused on what you're looking to achieve.

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

Did you know that you are one tweak away from turning your mundane living into a full life? In this episode, Scott Krone talks about the meaning of living a full life, a transformational life. According to Scott living transformationally happens in the macro and micro-decisions.

Scott is a Chicago native whose career in architecture began in 1991 by pursuing his Masters of Architecture from the Illinois Institute of Technology. In 2012, Krone founded Coda Management Group, he has authored High Performance Homes – Navigating the Green Road to Your Dream Home, a book for homeowner's seeking to incorporate green technology into their home, and most recently Scott also founded a revolutionary storage business The One Stop Self Storage. It's committed to making its members' time of transition rewarding and strives to remove challenges and hurdles commonly found in the industry.

[00:01 - 13:41 ] Opening Segment

• How this episode impacted Josh
• Reminder: Follow us on social media via the links below
• Scott shares his story and how he got involved in real estate
• The lessons that Scott learned from his first deal
  • How to think in terms of your options

[13:01 - 24:46 ] Pivoting Intro Self Storage from Architecture and Development

• Leaving a successful corporate job for a start-up
• Where the economy is headed in the next few years
  • The major indicators of a recessionary market
• When should you buy a property?
  • It doesn't matter if you're in a recessionary or bull market

[24:47 - 46:15 ] Living a Full Life

• What it means to live a full life
• Living transformationally
  • The difference between living a mundane life or living a transformation life is change
  • Living transformationally is made in the macro and micro-decisions
• Most people live lopsided lives; thriving in one area but failing in the others
• Keys to living a transformational life
  • Committing to long-term decisions
  • Trying new things and setting new goals
• Scott shares a story about how trying new things can lead to fun experiences

[46:16 - 58:27] Closing Up!

• PodDecks
  • What is your theme song and why?
  • What is your recurring nightmare?
• Core four
  • Favorite real estate-related book?
    • The Road Back to You by Ian Morgan Cron
    • Storing Up Profits by Paul Moore
  • A unique skill that helps you become successful
    • Inquisitiveness
  • Something true about real estate that nobody believes
    • Success is easy
  • One thing to succeed in real estate investing
    • Invest in yourself by getting mentors
• Connect with Scott through the links below

Key Quote:

"Transformational [learning] is undergoing the process of being and growing in your abilities, in your thinking, and always learning in expanding your boundaries." - Scott Krone

"A lot of times we are trying to treat the actual result of the pain, but not addressing the source of the pain." - Scott Krone

Resources Mentioned

• The Road Back to You: An Enneagram Journey to Self-Discovery by Ian Morgan Cron
• Storing Up Profits: Capitalize on America's Obsession with STUFF by Investing in Self-Storage by Paul Moore

Connect with Scott

Linkedin: /in/scott-krone/

Facebook: @CodaManagementGroup

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

Have you ever thought of pivoting in your career? Today, we are going to talk about pivoting in the context of having so much change in our circumstances and surroundings. With everything going in the world, and in the market at this day and age, sticking to the status quo will do you and your business more harm than good. So listen in until the end because we will also be talking about preparing for the pivot, changing with the environment, and the importance of shifting your mindset as well.

[00:01 - 13:52 ] Let's Talk About the Pivot

• How COVID influenced a lot of pivots in the real estate industry
• Addressing the outside changed and no longer going with the status quo
• The importance of learning to change with the environment
• Shifting your mindset to be ready for the pivot
• Changing with the market for survival

Key Quote:

"You need to be ready to pivot, you need to be ready to shift your mindset, shift the way that you're buying, shift the way that you're selling the way that you're going into the markets submitting offers." - Joshua Ferrari

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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

Aaron is the founder of Paloosh Properties and Paloosh Capital through which he develops and manages multi-family properties in the metro Detroit area. He brings a unique background to the real estate development community as he comes off a 12-year professional hockey career that encompassed part of 3 NHL seasons. Currently, he finds excitement in green development and prioritizes this in his ground-up projects through features like solar, EV charging, and smart-home-technology. He and the Paloosh team have developed 12 units, are under construction on a 6 unit, and are scheduled to break ground on 3 projects totaling north of 200 units in 2022.

In this episode, Aaron talks about going from professional hockey player to real estate developer. He also dives deep into what a "green development" looks like, the opportunities of this kind of investment, and the process of implementing these green technologies. Lastly, he also shares with us some really great advice especially if you are just starting out in real estate. All these and more on the episode, so make sure to tune in until the end!

[00:01 - 13:41 ] From Hockey to Real Estate

• Aaron shares about his background and how he got into real estate
• Getting into hockey and eventually going pro
• The journey to figuring out that he will pursue real estate

[13:42 - 30:39 ] Going Green with Real Estate

• How green development looks like
• Implementing new technologies that are good to the environment
• How the financials of green properties look like
• The process of implementing energy efficient appliances
• The process of building 12 units

[30:40 - 46:26 ] PodDecks and Core Four

• PodDecks
• What is the nicest thing a stranger has done for you?
• What is your pet peeve?
• What would a sandwich be called if it were named after you?
• Core four
• Favorite real estate related book
• Unique skill that helps you become successful
• Something true about real estate that nobody believes
• One thing to succeed in real estate investing
• Connect with Aaron through the links below

Resources Mentioned

• Best Ever Apartment Syndication Book

Key Quotes:

"Sustainable energy, efficient developments, and rehabs are profitable. It's a statement that I think I'll continue to prove throughout my career." - Aaron Palshaj

Connect with Aaron on LinkedIn!

You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube

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