Creative Capital

Creative Capital

By Ferrari CapitalBusinessInvesting
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Creative Capital episodes

  • Creative Capital Podcast 110: Seeking Out Partnerships with Tim Vitale

    Tim Vitale is the Founder and Owner of Upside Capital based out of Charlotte, NC. He is the AVP of Finance for an F500 Insurance Company and specializes in underwriting, analysis, and budgeting. Tim was born into a commercial real estate family and has owned rental property in the Charlotte area. He is also an active investor and syndicator in the Southeast USA. Tim runs his own Facebook group Makin' Moves in Multifamily in which he provides value to other investors and syndicators through educational and inspirational Facebook events and posts. He is also an Admin and Moderator for the My First Million in Multifamily Facebook group.

    In this episode, Tim talks about how important relationship-building has been for his real estate investing journey. He talks about how providing value to your partners without expecting anything in return will help you open more opportunities and create more success in the field of real estate. Tim also shares how you can find partners that will help you get closer to your real estate goals. Listen in!

    [00:01 - 06:58] Introduction

    • A preview of the episode
    • Tim shares his background
    • How his experience in finance helped him on real estate investing

    [06:59 - 16:36] Making the Leap from Finance to Multifamily Real Estate

    • Tim on quitting his job to invest in multifamily
    • Entrepreneurship is about taking risks
    • What it took for Tim to make the transition
      • How long it took him
      • Getting educated about real estate investing
      • Networking

    [16:37 - 42:13] Creating Success by Building Partnerships

    • Tim talks about his current portfolio
    • Building partnerships
      • There's a who for every how
    • How Tim was able to find his partners
      • Providing value
      • "The Ant Mentality"
      • On relationships that don't work out
      • Every partnership has a termination date
    • Execution is key
    • Why partnerships are critical in the pursuit of your real estate goals

    [42:14 - 55:18] The Pod Decks Segment

    • Share your most embarrassing moment ever
    • What's something weird that you recommend everyone tries at least once?

    [55:19 - 01:07:24] The Core Four

    • What is your favorite real estate-related book?
      • Multifamily Millions by David Lindahl (link below)
    • What do you think your unique skill is that helped you become successful?
      • Talking with people
    • Tell me something that's true about real estate that almost nobody agrees with you on
      • Real estate is easy
    • What one piece of advice would you give the listeners wanting to succeed in real estate investing?
      • Start networking now!
    • Connect with Tim!
    • A summary of the episode
    • Closing words

    Key Quotes:

    "If you're going to be an entrepreneur, it's all about risk and taking risks. Big risks, big rewards. If you have the opportunity and the means to do it, what are you waiting for?" - Tim Vitale

    "Your network is your net worth. I hate that everyone says that saying and it's so cliche, but so true. If you don't have something, there's somebody out there that has what you need. There's a who for every how, and the more who's that you can connect with, you'll be able to accomplish anything that you want." - Tim Vitale

    "If you are seen as a pillar of the industry where you are helping other people constantly, you're providing value to people constantly, then the law of reciprocity will come back and pay you tenfold, because you've helped others achieve what they're trying to achieve." - Tim Vitale

    Resources Mentioned:

    • Multifamily Millions by David Lindahl

    Connect with Tim on LinkedIn, Instagram, and Facebook!

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

    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

    1 hr 8 min
  • Creative Capital Podcast 109: Buying Your First Multifamily Deal: Part 2

    Welcome back to the Creative Capital Podcast with Josh Ferrari! This No-Limit Minute Segment is Part 2 of a multi-part series about buying your first multifamily deal. I am going to take you through the step-by-step process of acquiring your first multifamily deal and share all the things you need to know before starting your journey. In this episode, I will talk about everything you need to know about writing and submitting an LOI or letter of intent. I will share all the items that should be included in your LOI and the things you should consider before preparing it. I will also talk about negotiating an LOI and the importance of having partners throughout the whole process. Listen in!

    [00:01 - 13:02] What You Should Know Before Writing Your LOI

    • What is an LOI?
    • Why it's important to get your boots on the ground
    • Your partners need to have the ability to raise money
    • Asking for early access to the property and documents
    • Reviewing the flood map

    [13:03 - 33:15] What to Include in Your LOI

    • Seller's current insurance policy and title commitment
    • Surveys and existing leases
    • Current and past capital expenditures
    • Architectural/engineering feasibility studies
    • Phase 1 report
    • Real estate taxes and insurance bills
    • Active service agreements
    • Why it's important to keep occupancy rate at 90%

    [33:16 - 44:11] Negotiating an LOI

    • Stick to your original offer as much as possible
    • Explain your offer
    • Priming the attorney before the LOI becomes official
    • The importance of having partners
    • Engage with your insurance broker
    • Be a great steward of the investors' money

    Key Quotes:

    "You want to try to include as many things as possible in the LOI that you're going to include in the PSA because it's going to keep things very simple. It's going to keep things very honest and open, and everyone's going to be on the same page moving into the transaction. Hopefully, you can try to mitigate as few as possible surprises as you move into submitting this LOI and going through this process." - Josh Ferrari

    "When we're doing this due diligence, I'm not only doing this for me and my name's sake and making sure that I feel comfortable with buying this particular asset and managing this asset in perpetuity or the next couple of years, but it's also for the investors. You're doing all this so that they can have a solid investment to buy." - Josh 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

    45 min
  • Creative Capital Podcast 108: Seller Financing Mobile Home Parks with Gabriel Hamel

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I am speaking with Gabriel Hamel! Gabriel is a professional real estate investor whose passion for real estate, business, and financial freedom has helped him to amass a multi-million-dollar real estate portfolio consisting of single-family homes, multi-family apartments, and commercial real estate. From humble beginnings, a book on real estate, and a strong desire for financial freedom, Gabriel set out to find creative ways to start purchasing income-producing investment Real Estate. Gabriel is a strong advocate of financial literacy through self-education.

    In this episode, Gabriel talks everything about seller financing and mobile home parks. He dives deeper into what seller financing is, what he loves about it, and how he approaches conversations with sellers. Gabriel will also walk us through the world of mobile home park investing and what's ahead for that market. Gabriel also shares his thoughts on the future of the real estate market and why it's important to trust the process. Listen in!

    [00:01 - 07:59] Introduction

    • A preview of the episode
    • Welcoming Gabriel to the show
    • Gabriel shares his background
    • Why he considered staying at a job risky

    [08:00 - 24:53] Seller Financing: A Closer Look

    • Getting into seller financing
      • What is seller financing?
      • Gabriel talks about his first seller financing deal
      • Seller financing on a mobile home park
      • Why sellers want to carry financing
    • Gabriel's thoughts on where the market is now
      • Where he thinks the market is headed
    • Why aren't more people utilizing seller financing?
    • How Gabriel approaches conversations with sellers

    [24:54 - 38:45] Investing in Mobile Home Parks

    • What Gabriel likes about mobile home parks
    • Property management in the mobile home parks space
    • Gabriel talks about his current mobile home parks
    • Why it's important to trust the process in real estate
    • How Gabriel was able to own 100% equity in all his properties

    [38:46 - 44:32] The Pod Decks Segment

    • If you were guaranteed the correct answer to one question, what would you ask?
    • Gen Z is the first generation to grow up completely on smartphones. Do you think that we'll have long-term consequences for them?

    [44:33 - 54:23] The Core Four

    • What is your favorite real estate-related book?
      • Rich Dad Poor Dad (link below)
    • What do you think your unique skill is that helped you become successful?
      • Being fearless
    • Tell me something that's true about real estate that almost nobody agrees with you on
      • You need money to make money
    • What one piece of advice would you give the listeners wanting to succeed in real estate investing?
      • Believe that it's possible for you
    • Connect with Gabriel!
    • A summary of the episode
    • Closing words

    Key Quotes:

    "There are a lot of reasons sellers will and want to carry financing. Not all sellers want to be cashed out, so a lot of it's just having the conversation with the seller, seeing what their needs are, and can I give them what they need and make the deal work for me." - Gabriel Hamel

    "I know exactly what the markets gonna do. … It's gonna go up or it's gonna go down or it's gonna hit or it's gonna be flat. That's it. Joking aside, I actually don't care what the market does. … It's always a good time to buy if you buy right." - Gabriel Hamel

    "There are so many different ways to be successful within real estate. It doesn't matter whether it's single-family, multifamily, mobile home parks, land storage, if you're in it long enough and you're committed to it, you'll find success." - Gabriel Hamel

    Resources Mentioned:

    • Rich Dad Poor Dad

    Connect with Gabriel on Instagram and LinkedIn!

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

    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

    55 min
  • Creative Capital Podcast 107: Buying Your First Multifamily Deal: Part 1

    Welcome back to the Creative Capital Podcast with Josh Ferrari! This No-Limit Minute Segment is Part 1 of a multi-part series about buying your first multifamily deal. I am going to take you through the step-by-step process of acquiring your first multifamily deal and share all the things you need to know before starting your journey. In this episode, we will talk about underwriting the property, walking the property, location analysis, and reviewing service contracts. I am also going to talk about the importance of creativity in underwriting and building relationships with brokers. Listen in!

    [00:01 - 05:54] Underwrite the Property

    • Building relationships with brokers
    • Looking at the financials
    • It comes down to creativity

    [05:55 - 08:43] Walk the Property

    • Pay attention to all possible capital expenditure items
    • There are instances where retreating makes sense

    [08:44 - 10:20] Location Analysis

    • Do your analysis a step deeper
    • Macro and microeconomics
    • Why checking out the other multifamily assets in the area is key

    [10:21 - 17:42] Review All the Service Contracts

    • Engaging with your property manager
    • Review the premiums with your property management company
    • Submitting an LOI

    Key Quotes:

    "What do I need to do to make this deal work? At the end of the day, that's going to come down to creativity and really deciphering what is going to not only work for you but also how you're going to best effectively manage the asset." - Josh Ferrari

    "If you're not a local, make yourself set apart so that [the brokers] will take you seriously. They will put you on a different level than all of the other Joe Schmoes that are calling them all the time asking for the exact same thing because you took that extra step or the extra steps to be known and to be serious." - Josh 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

    18 min
  • Creative Capital Podcast 106: Clarity Around Commercial Real Estate Insurance with Jeremy Goodrich

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Jeremy Goodrich! Jeremy owns Shine Insurance Agency with McKenzie. He's a teacher at heart and he simplifies insurance by giving step-by-step guidance along the way. Before Shine, he was an elementary school teacher, helping countless kids fall in love with art, math, science, and writing. Former students remember learning to play hockey in gym class, opening epic businesses in a virtual world called The Businesses Project, and learning to use a sewing machine. After 13 years of teaching, he decided it was time to change the way people feel about insurance. Jeremy carried the heart of an educator over and he's been making insurance simple for first-time homebuyers and real estate investors even since. Jeremy is also the host of a Multifamily real estate podcast and the host of Youtube's #1 most-watched independent insurance agency channel.

    In this episode, Jeremy goes into the nitty-gritty of real estate insurance. He talks about everything you need to know about it, from coverages to the step-by-step process of claims. Jeremy also talks about things to avoid in getting commercial real estate insurance and why it's important to get a great advisor. Join us and listen in!

    [00:01 - 11:10] Introduction

    • A preview of the episode
    • Welcoming Jeremy to the show
    • Jeremy shares his background
    • Jeremy on his YouTube channel taking off
      • Answering people's questions about insurance
      • What it takes to be successful in YouTube

    [11:11 - 30:56] What You Need to Know About Real Estate Insurance

    • The true importance of insurance in real estate
      • How it levels the playing field
      • How investors benefit from insurance
    • How to determine the difference between good and bad insurance
      • The significance of having a good advisor
      • Jeremy on over-insuring
    • Things to know about real estate insurance
      • Loss-of-income coverage
      • Liability coverage
    • Avoiding insurance mistakes
      • Balancing price and quality
    • Things to avoid in insurance
      • ACV (Actual Cash Value)
      • Why you should go for 'special'

    [30:57 - 49:00] Claiming: Processes, Adjusters, and Crazy Stories

    • The step-by-step process of a claim
    • Different types of adjusters
    • I share an experience with an insurance company and a contractor
    • Jeremy shares the craziest claim story that's ever happened

    [49:01 - 56:32] The Pod Decks Segment

    • If you could bankrupt one person or company, who would it be?
    • What is your worst roommate or house guest's story?
    • What happened on your worst date?

    [56:33 - 01:09:20] The Core Four

    • What is your favorite real estate-related book?
      • Passive Investing Made Simple (link below)
    • What do you think your unique skill is that helped you become successful?
      • Explaining stuff
    • Tell me something that's true about real estate that almost nobody agrees with you on
      • How diverse the community is becoming
    • What one piece of advice would you give the listeners wanting to succeed in real estate investing?
      • Have a clear strategy
    • Connect with Jeremy!
    • A summary of the episode
    • Closing words

    Key Quotes:

    "If you're going to succeed financially in YouTube, I think you really have to understand what your call to action is and where you want people to go." - Jeremy Goodrich

    "The first thing you do with insurance, just like every other service provider, is picking a good advisor because that person is going to be driving a lot of the stuff that you just don't get." - Jeremy Goodrich

    "Just like everything else in this business, it's relationships that matter. If you don't have someone who explains things clearly, who shows you exactly what's going on, who breaks things down for you in a way that you can understand, then go find someone who can and work with them." - Jeremy Goodrich

    Resources Mentioned:

    • Passive Investing Made Simple by Anthony Vicino and Dan Krueger

    Connect with Jeremy on LinkedIn!

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

    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

    1 hr 10 min
  • Creative Capital Podcast 105: Creative Wealth Building

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I will talk about one of the core principles of this podcast – creative wealth building. There are instances when people who want to start their real estate journey can't do so because they already think they can't do it. The thing is, success in this industry comes down to getting creative. In this episode, I will share some points on how you can get creative in building wealth in real estate and why raw experience and strategic relationships are key to long-term success. Listen in!

    [00:01 - 08:43] Creative Wealth Building

    • It comes down to changing your mindset
    • The role of mentors
    • Creating strategic and creative partnerships
    • Nothing beats raw experience in real estate investing
    • It's all about getting creative with it
    • The importance of looking at the big picture

    Key Quotes:

    "You can read a million books, you can listen to a million podcasts, you can talk to a million people, but there's nothing like the raw experience of something that is actually going to propel you into not only the industry and the actual niche that you want to accomplish, but also, you'll be much more successful much quicker." - Josh Ferrari

    "You have to continue looking long term and not short term. When you look long term and you really see where you're at today versus where you were even a year or two ago, you'd be surprised how far you've come." - Josh 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

    9 min
  • Creative Capital Podcast 104: BRRRRing Through Your Fears with Nicole Gauthier

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Nicole Gauthier! Nicole is the Founder of Wicked Holdings, happily married, and a mommy to 2 amazing kids. Nicole holds a Bachelor's degree in Business from the University of Houston with a concentration in Finance (2015) and graduated from Southern Alberta Institute of Technology with a degree in Financial Services. She first began her career as an Accountant in the Oil and Gas industry, yet after becoming a mom realized her schedule would not fit motherhood. She set out on a path to find her true purpose outside of her home – real estate was it! Her journey has allowed her the ability to combine what she loves into one big bundle and take others along for the ride with her. She currently holds 3 personal properties and she's passively investing in 148 units.

    In this episode, Nicole talks about how she overcame her fears through BRRRR. She talks about the biggest lessons she learned from her BRRRR deals and how she was able to raise almost $800,000 of capital in 30 days. She also talks about the importance of sticking with things and persistence as you try to get closer to your goals. Listen in!

    [00:01 - 09:51] Introduction

    • An overview of the episode
    • Welcoming Nicole to the show
    • What is BRRRR?
    • Nicole shares her background
    • She talks about her company, Wicked Holdings

    [09:52 - 21:37] Overcoming Your Fears in Real Estate

    • Nicole's fears going into the real estate industry
      • Fear of the unknown and making a mistake
      • How networking helped her overcome her fears
    • Nicole talks about her current portfolio
      • The BRRR deal she's currently doing
      • What she learned from her BRRR deal

    [21:38 - 36:20] The Best Way to Learn Something in Real Estate is by Doing It

    • Making a social impact through real estate
      • Helping single moms in abusive and adverse situations
      • How Nicole's 'why' motivates her to overcome her fears
    • How you can overcome the fears that you have
      • Get past the analysis paralysis stage
      • The best way to learn is to do it
    • The biggest lesson Nicole learned from doing BRRR
      • Bathrooms, permits, coating, and electrical panels
      • Other challenges in the real estate investing world

    [36:21 - 47:40] Lessons on Raising Capital

    • Nicole on raising $794,000 in 30 days
    • Establishing important relationships
    • The importance of sticking with things
    • How Nicole approaches conversations with investors
    • Nicole on growing her network

    [47:41 - 55:08] The Pod Decks Segment

    • Apple or Android?
    • Who can you impersonate really well?
    • What is the funniest name you can think of for a pet?

    [55:09 - 01:06:46] The Core Four

    • What is your favorite real estate-related book?
      • Rich Dad Poor Dad (link below)
    • What do you think your unique skill is that helped you become successful?
      • Persistence and the ability to fight through challenges
    • Tell me something that's true about real estate that almost nobody agrees with you on
      • Your primary residence is not your biggest asset
    • What one piece of advice would you give the listeners wanting to succeed in real estate investing?
      • Just keep going!
    • Connect with Nicole!
    • A summary of the episode
    • Closing words

    Key Quotes:

    "I envision myself walking up a hill and having people on my back and I'm trying to bring them along with me. It's a huge driver because as much as I don't ever want to let myself down, I also even more importantly don't want to let others down either." - Nicole Gauthier

    "The best way to learn is just to do. Of course, you can read books that educate you and you can become more familiar with different strategies and topics and stuff, but the best way to learn is by getting out there and just freaking doing it." - Nicole Gauthier

    "It's important to stick with things and people will see that part of you as well, and they'll really grow to admire and see that as an accomplishment for you, even if you don't see it yourself at the time." - Nicole Gauthier

    "Keep going! It's not an easy road, but it's worth it when you start to see the benefits and some of those goals that you've made coming to fruition." - Nicole Gauthier

    Resources Mentioned:

    • Rich Dad Poor Dad

    Connect with Nicole on LinkedIn!

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

    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

    1 hr 7 min
  • Creative Capital Podcast 103: 11 Predictions For The Future Of The Real Estate Market

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I am going to talk about what Forbes believes are predictions of the future of the real estate market moving forward. We will discuss and assess each prediction and take a closer look at what current situations can contribute to the occurrence of these predictions. We are going to cover a bunch of areas on this list, from market appreciation to multifamily resilience. Have a listen on this episode and get a solid grasp of what the future may look like for the real estate space. Listen in!

    [00:01 - 04:42] Introduction

    • Today's high demand for real estate
    • The affordability crisis
    • Why it's more affordable to build A-Class properties

    [04:43 - 34:31] 11 Predictions For The Future Of The Real Estate Market

    • Less urgency to buy residential real estate
    • The workforce will face home buying challenges
    • The market will appreciate significantly
    • There will be fewer showings and offers
    • Demand for multifamily homes will increase
    • Housing prices will become unaffordable
    • The market will either cool or have new investors
    • The market is shifting into a more balanced state
    • The use of technology will drive the value of assets
    • Sublease space will continue to increase
    • The rental market will keep growing

    Key Quotes:

    "We're definitely going to see some appreciation. We've already seen it. We've seen it over 2020, we've seen it over 2021. Housing prices just continue to rise, and I don't see them plateauing anytime soon." - Josh Ferrari

    "It's cool to learn all the facts, put them together, and then make your own decision on what you want to do with that information, whether or not you feel like you want to take on that risk, to invest in real estate, continue to press or you want to have the scarcity mindset hold back a little bit, wait and see what's happening. I just love talking about this stuff." - Josh Ferrari

    "The reason I love multifamily is because it is so recession resilient. … It definitely fights through any kind of market dip, because of its high functionality." - Josh 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

    35 min
  • Creative Capital Podcast 102: Scaling Up to 36 Units in 6 Months with Alessandra Thompson

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Alessandra Thompson! Alessandra Thompson is a 25-year-old real estate investor and large multifamily underwriter. From her experience in selling solar panels door-to-door to being a Senior Manager at a tech and marketing startup, she quickly realized that she needed to take control of her freedom. She recently closed on her FIRST deal - a 36 unit multifamily property in Little Rock, Arkansas. Her mission is to continue to scale her portfolio. She lives by the saying, "success lies on the other side of fear" and truly believes life begins when we step outside of our comfort zones.

    In this episode, Alessandra tells us her story of taking the leap of faith - getting away from her 9 to 5 job to pursue the real estate industry - with the aims of attaining financial and time freedom. In her journey, she shared how she quickly scaled up, the ways to find the right mentors, and how she developed the mindset transition to prepare herself for success. Join us and listen in!

    [00:01 - 09:30] Introduction

    • An overview of the episode
    • Welcoming Alessandra to the show
    • Alessandra shares her background
      • Shifting from 9 to 5 to real estate
      • Her target to attain financial freedom
      • Learning multifamily and finding mentors

    [09:31 - 24:17] The Mindset Transition: What it Takes to Scale Up

    • Why you don't need to know everything
      • Leaning on mentors
      • Perception on bumps on the road
    • The mindset transition
      • Going into a different zone
      • Exploring the contractor space
      • Embracing the day to day tasks
    • Facing hurdles
      • Tackling miscommunication in property management
      • Dealing with tenants
    • The holistic transition
      • Recognizing the need to act now
      • Refusing stagnancy
      • Unlocking a new part of yourself
    • Alessandra shares her story on going out of state
      • Providing opportunities, not asking for money
      • Passing the barrier to entry
    • Alessandra shares her goals

    [24:18 - 33:04] The Pod Decks Segment

    • What is the most embarrassing thing that has happened to you this year?
    • Do you sing in the shower?

    [33:05 - 42:23] The Core Four

    • What is your favorite real estate-related book?
      • What Every Real Estate Investor Needs to Know About Cash Flow (link below)
    • What do you think your unique skill is that helped you become successful?
      • Just going for it
    • Tell me something that's true about real estate that almost nobody agrees with you on
      • You can go for whatever asset you want to
    • What one piece of advice would you give the listeners wanting to succeed in real estate investing?
      • You don't have to know all of the steps, just take action
    • Connect with Alessandra!
    • A summary of the episode
    • Closing words

    Key Quotes:

    "All those little mistakes that you've made, that you wish you never made, they really helped formulate you, grow you, and mold you into what you are today and what you will be in the future." - Josh Ferrari

    "I enjoy the chaos, I've realized that if it were going smoothly, I would like it to go smoothly. But I'm also getting so many learning lessons just by having these bumps in the road. And so when this does happen, for the next property, I'm more aware of what to do, and I have the knowledge to back myself up." - Alessandra Thompson

    "I think that taking risks and pushing yourself to do things that you maybe aren't comfortable with is the key to success. Because each time you do that you unlock a new part of yourself that you didn't realize was within you, and you don't even know where else that could lead." - Alessandra Thompson

    Resources Mentioned:

    • What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli

    Connect with Alessandra via her email, Instagram, and LinkedIn!

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

    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

    43 min
  • Creative Capital Podcast 101: How Do I Choose Which Asset Class to Get Into?

    Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I am going to talk about how you can break into the real estate industry and how you can choose a niche that will give you time and financial freedom. I will share the importance of starting today and getting educated through available resources. I will also talk about why baby steps are all you need to take to get started in real estate investing. Listen in!

    [00:01 - 06:10] How to Break Into the Real Estate Industry

    • Figure out what you're trying to achieve
    • Decide on the niche that will give you time freedom
    • How starting today will save you a lot of time
    • Different ways to learn about real estate investing
    • Baby steps will bring you to your goals

    Key Quotes:

    "Sit down, think about what you actually want, what the end goal, your vision for wanting to get in the industry even is, and then start investing in real estate so that you can achieve what you're trying to through your investments." - Josh Ferrari

    "It's more important that you decide than what you decide." - Josh 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

    7 min

About Creative Capital

From the publisher's feed

Real estate investing has created over 90% of the world's millionaires, and here at Creative Capital, we want to teach you how to do the same! If you enjoy family, friends, & fun more than your…

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