Creative Capital

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Jennifer Beadles! At 21 years old, Jennifer had bought her first house, and a real estate developer hired her. She found herself learning the ropes of building new construction, hiring subcontractors, dealing with red tag notices and grumpy neighbors who didn't want new houses blocking their view. While she loved the variety and constant challenge of finding solutions to complex issues in the development world, she wanted to do and learn more. So in 2009, she officially ditched her 9-to-5 job and become a real estate agent specializing in working with investors. Since her goal was to achieve financial freedom through real estate investing, she figured what better way to earn a living than to help others achieve what she was setting out to achieve. Jennifer has sold more than $120M+ in real estate while buying rentals and building up her own passive income streams.

In this episode, Jennifer talks about designing your lifestyle around the investments you make. She talks about the importance of being clear on what you want to do and what it actually takes to bring your real estate business to the next level and live a time and financially free lifestyle. Listen in!

[00:01 - 11:45] Introduction

• An overview of the episode
• Welcoming Jennifer to the show
• How she got into real estate investing
• Her experience as a realtor
• How she built her real estate portfolio

[11:46 - 20:34] Taking Your Real Estate Business to the Next Level

• Jennifer on when she decided to get more deals
• Having a mindset shift
• How she built a business that allowed her to travel
• The importance of asset management in real estate

[20:35 - 33:32] Designing Your Lifestyle Around the Investments You Make

• How to design your lifestyle around your investments
• • Being clear on what you want to do
  • Why choosing an asset class to invest in is important
  • Buy what you can afford
  • Just get started!
• Choosing how you'll make money in real estate
• • What are interested in?
  • How much time can you dedicate to it?
  • How much capital do you have?

[33:33 - 47:47] A Closer Look at a Life of Time and Financial Freedom

• Jennifer shares her daily routine
• It's all about experiences
• Helping people get started on their journey
• Saving money by living overseas
• Figure out the 'why' first, and the 'how' will follow

[47:48 - 50:20] The Pod Decks Segment

• What, are you bored of?
• What is one interesting fact about your ancestors?

[50:21 - 01:02:02] The Core Four

• What is your favorite real estate-related book?
• • Rich Dad Poor Dad
• What do you think your unique skill is that helped you become successful?
• • Systems, processes, and optimization
• Tell me something that's true about real estate that almost nobody agrees with you on
• • You can invest in the US without being in the US
• What one piece of advice would you give the listeners wanting to succeed in real estate investing?
• • Get started!
• Connect with Jennifer!
• A summary of the episode
• Closing words

Key Quotes:

"Once I got really clear on what I wanted my lifestyle to look like, then it's just working backwards." - Jennifer Beadles

"The key is [to] just get started. Whatever that looks like for you – based on your goals, based on your comfort level, based on your risk tolerance, whatever feels right – just do it. Just get started." - Jennifer Beadles

"By focusing first on the why and the what, the how comes later. If you have a compelling reason why to do something, then you're going to do it. But if you don't have a compelling reason why, if you don't really know the direction you're going, then it's going to be really tough." - Jennifer Beadles

Resources Mentioned:

• Rich Dad Poor Dad
• The 4-Hour Work Week

Connect with Jennifer on LinkedIn!

Check out Greenlight Equity Group and ROI ByDesign!

Chelsea's Meetup Group: https://www.meetup.com/salt-lake-city-multi-family-meetup-group/

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

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 source leads in this wild market. Finding deals in the market, especially when you're just starting out, can be quite tough. The good news is that you can use your connections and relationships to find these deals even without any prior experience. That's what I'll be talking about in this episode. I am also going to share how I talked to brokers when I was starting in real estate. Listen in!

[00:01 - 10:10] How to Source Leads in this Wild Market

• How many deals I have on my plate right now
• The huge role of brokers
• Should you focus on building relationships with sellers or brokers?
• Talking to a broker if you haven't done any deals before
• The impact of having a mentor
• Niche down into what target market you're looking for

Key Quotes:

"There are so many different ways to find deals. But for us, we had to think about, in our business, what is going to be the best way for us to make the most use out of our time and be the most successful and achieve the goal that we're really trying to achieve at the end of the day." - 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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I have a very special guest – my wife! Alicia Ferrari comes on to the show and talks about our journey as a couple and her experience being a spouse of a real estate investor. Alicia and I talk about how we started our adventure in real estate and how it has affected our relationship as husband and wife. Alicia will also talk about why it's important to know what your spouse does and the significance of being a great listener to your spouse's success. Listen in!

[00:01 - 09:19] Introduction

• Welcoming my wife, Alicia to the show
• Alicia shares her background
• Her idea of finance and investing before we met

[09:20 - 28:09] How My Wife and I Started Our Real Estate Adventure

• The importance of knowing what your spouse does
• Why Alicia likes listening to my conversations with other people about real estate
• Alicia's initial thoughts when I told her that I wanted to invest in real estate
• • Seeing that determination in me
• What made Alicia want to buy a real estate property
• Our experience starting out in the multifamily space

[28:10 - 49:39] The Effect Real Estate Investing Has Had on Our Relationship

• Alicia's initial thoughts on me doubling down on syndications
• Finding my mentor
• How real estate investing has affected our relationship
• • Why Alicia loves seeing the people who mean to her succeed
  • Alicia on being happy with the role she plays
• What to look forward to if you're having a real estate investor as a spouse
• • Be intentional with your time
  • Real estate is a real commitment
  • Delayed gratification
  • The sacrifices you have to make
• The goals Alicia would like to accomplish in the next three years

[49:40 - 54:29] The Pod Decks Segment

• What are the three greatest inventions of all time?
• If you were to get a tattoo tomorrow, what would it be?

[54:30 - 01:04:59] 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 a great listener
• Tell me something that's true about real estate that almost nobody agrees with you on
• • That only greedy capitalists get into real estate
• What one piece of advice would you give the listeners wanting to succeed in real estate investing?
• • Be determined
• Closing words

Key Quotes:

"I find it important for the spouse to know what their husband or wife does. If you're not involved, the least you can do is know what they do. [Our] conversations are centered around that. We have a lot of conversations where you will tell me something is happening, this didn't go through, this is what you're struggling with. And if I didn't attempt to know what is going on, how am I supposed to relate to you? How am I supposed to know what you're going through?" - Alicia Ferrari

"A wife who is listening to this or a husband who's listening to this is that go-getter. Sometimes, just being there for them, cooking them dinner, listening to them, I feel like sometimes it's just what fills your cup. It fills your love cup. It fills my love cup just being there for you." - Alicia Ferrari

Resources Mentioned:

• Rich Dad Poor Dad

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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I am going to talk about one of the craziest experiences I had as a multifamily investor. No matter what industry you're in, there surely is going to be drama, and real estate is no different. I am going to share this story about a seller wanting to suddenly terminate a deal and how we were able to resolve the issue. I will also talk about another crazy story about one of our recent acquisitions. Listen in!

[00:01 - 10:02] There's Drama Everywhere... Even in Real Estate

• A story about our deal in Montgomery, Alabama
• The seller suddenly wanting to terminate the deal
• How we settled the issue
• Why this is the craziest experience I had in multifamily
• A crazy story about a property manager

Key Quotes:

"We don't want to go the first route and we don't want to go the second route. Where is that happy medium? So we go back to the drawing table and tried to figure out what that happy medium is." - 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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Chelsea Garber! Chelsea is a Multifamily Real Estate Investor, Syndicator & Entrepreneur with extensive knowledge in design, architecture, construction, and project management. Chelsea is focused on acquiring value-add commercial apartment buildings in Oklahoma to help others gain financial freedom through passive real estate investments.

In this episode, Chelsea talks about everything we need to know in designing and remodeling multifamily properties. From picking the right paint colors to designing exteriors, Chelsea shares her knowledge on increasing your ROI on properties through cost-effective and aesthetically pleasing designs. Join us and listen in!

[00:01 - 10:01] Introduction

• An overview of the episode
• Welcoming Chelsea to the show
• Chelsea shares her background
• • Her experience in interior design
  • Working with multifamily investors on increasing ROI
  • Her passion for design
  • She talks about her company, ROI ByDesign

[10:02 - 24:44] Designing and Remodeling Properties: All You Need to Know

• What you need to know about design and remodeling
• • Curb appeal
  • Picking the right paint colors
• What Chelsea and her company do to help add value to their deals
• • Knowing what's working and what's not
  • Chelsea on colors and neutrals
• Cost-effective design
• • Low-cost solutions
  • Boosting NOI
• Incorporating smart technology into designs
• What is something you should not renovate?
• Creating a risk-adjusted investment
• What the future looks like for Chelsea's companies

[24:45 - 27:23] The Pod Decks Segment

• If humans came with a warning label, what would yours say?
• How fast can you say the alphabet?

[27:24 - 34:34] The Core Four

• What is your favorite real estate-related book?
• • Who Not How (link below)
• What do you think your unique skill is that helped you become successful?
• • The ability to work with all people
• Tell me something that's true about real estate that almost nobody agrees with you on
• • There's a lot of deals out there
• What one piece of advice would you give the listeners wanting to succeed in real estate investing?
• • Patience and persistence
• Connect with Chelsea!
• A summary of the episode
• Closing words

Key Quotes:

"People make an impression of you within the first five seconds of meeting you the same as when they step onto your property.." - Chelsea Garber

"It's a unique play that we'd get to use both aesthetics and functionality to significantly increase our returns and make more money for ourselves and our investors, and it truly becomes a win-win." - Chelsea Garber

"My motto for the last two and a half years has been patience and persistence – just building those steps and blocks one day at a time. If you only have 20 minutes a day to put into it, put in 20 minutes and just do everything consistently. Because in the end, it all comes together. And as you know, this is not a get-rich-quick by any means." - Chelsea Garber

Resources Mentioned:

• Who Not How by Dan Sullivan

Connect with Chelsea via her email, Facebook, and LinkedIn!

Check out Greenlight Equity Group and ROI ByDesign!

Chelsea's Meetup Group: https://www.meetup.com/salt-lake-city-multi-family-meetup-group/

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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I am going to talk about why it's important to figure out the "who" instead of the "how" in your real estate business. Oftentimes, we try to do things on our own, thinking that what we're doing is enough. In reality, our businesses can actually grow even more if we find the right people to fill in the positions that will help our businesses succeed. Join me in this episode and find out why it's crucial to figure out the who and not the how. Listen in!

[00:01 - 04:55] Who Not How

• Dan Sullivan's book, "Who Not How"
• We make the mistake of trying to do it all ourselves
• Communicating with people is what I enjoy about real estate
• Figuring out who's filling the roles for the success of the business
• Why having someone to help you will help your business grow
• How figuring out the who positively impacted my own business

Key Quotes:

"If I really want to scale at that speed and the level that I want, then I'm going to have to figure out who is going to fill the roles of all these other positions that need to be filled in order to be successful in the business that I've chosen to be in." - Josh Ferrari

Resources Mentioned:

• Who Not How by Dan Sullivan

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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Kyle Mitchell! Kyle is a real estate entrepreneur and the Best-Selling Author of Best In Class. Kyle focuses on Multifamily Syndication and currently has $41MM AUM. He is the Managing Partner and Co-Founder of Limitless Estates and the Asset Management Summit, where their mission is to positively impact the lives of their investors and the communities in which they invest through the highest level of transparency and fiduciary responsibility. Kyle is also the co-host of the weekly real estate podcast Passive Income Through Multifamily Real Estate. With a background in operations, management, and logistics, he has overseen multi-million dollar businesses and has a passion for doing the same in the multifamily syndication space.

In this episode, Kyle talks about how you can raise capital when you're starting out and how he was able to raise capital when he first jumped into multifamily. Kyle will also talk about raising capital After you have exhausted your network and how he builds trust with his partners and confidence in himself. Join us and listen in!

[00:01 - 07:42] Introduction

• An overview of the episode
• An update on our Creative Capital Challenge
• Welcoming Kyle to the show
• Kyle shares his background
• • Leaving his full-time job for real estate

[07:42 - 17:21] How to Raise Capital When You're Starting Out

• Making the leap to multifamily
• • How "The 4-Hour Work Week" inspired him to transition
  • Driving NOI
• How Kyle raised capital for his first deal
• • Starting a newsletter
  • Networking
  • Raising a million dollars
  • Meetups and podcasts
  • Building trust

[17:22 - 29:08] Raising Capital After You Have Exhausted Your Network

• Using educational platforms
• Bringing in partners
• How do you know if a partner is right for you?
• • Alignment of goals
  • Having tough conversations
  • Spending time with the person before choosing
• Growing from $1.65M to $15.15M
• The importance of having confidence in yourself
• The hardest thing Kyle had to overcome in his capital raising journey

[29:09 - 32:15] The Pod Decks Segment

• Would you choose a shorter life and be super rich, or a longer life and be super poor?
• If you had to teach a class on one thing, what would you teach?

[32:16 - 39:44] The Core Four

• What is your favorite real estate-related book?
• • Cashflow Quadrant (link below)
• What do you think your unique skill is that helped you become successful?
• • Consistency
• Tell me something that's true about real estate that almost nobody agrees with you on
• • Buying vs. asset management
• What one piece of advice would you give the listeners wanting to succeed in real estate investing?
• • Think big!
• Connect with Kyle!
• A summary of the episode
• Closing words

Key Quotes:

"It's very difficult to pick a partner and pick partners. It takes a lot of vetting and spending time with them, getting to know them on a personal and professional level. Sometimes, you just don't pick the right one and hopefully, things can stay respectful and still work out. I think I like to hang out with people who bring me up and lift me up versus bring me down, people that are wanting to do big things, whose values align with who you are and are ultimately really there for the investors as well." - Kyle Mitchell

"You really do need to understand the deal yourself when you're raising capital, and truly believe in the deal. If you're not going to put your money in there either, then that's a reason for the investor to question the ability of that deal. Believe in yourself, but also understand the deal." - Kyle Mitchell

Resources Mentioned:

• The 4-Hour Workweek
• Rich Dad's CASHFLOW Quadrant

Connect with Kyle on LinkedIn!

Contact Kyle at 562-833-5010

Check out Limitless Estates on their website: https://limitless-estates.com/

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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I am going to talk about the importance of reverse engineering your goals. I will share how reverse engineering through goal setting helped me in my journey as a real estate investor. I will also share my own story of how I got to where I am today by sticking to the goal that I set for myself. Join me and listen in!

[00:01 - 07:54] Reverse Engineering Success Through Goal Setting

• How having direction helped me tremendously in the pursuit of my goals
• Reverse engineering success
• Why you have to stick to one thing the whole way through
• The importance of having the end goal in mind
• The effect of goal setting on my daily execution
• How goal setting brought me to where I am today

Key Quotes:

"You've got to stick to the one singular thing, and you've got to go that route the whole way. The only way you can do that is if you have the end goal in mind, if you've got that goal set, if you've got that vision, that idea in your head of where you want to go." - Josh Ferrari

"I want this to be the blast for the day that you needed to hear, the piece of information of getting out there and figuring out what you want, setting those goals, being very intentional about the goals, living that intentional lifestyle. You'd be surprised where you're able to go from that." - 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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In this episode, I welcome Suzy Sevier and Michael Barnhart! Suzy and Michael are the Founders of Adventurous Real Estate Investors. They specialize in Return on Impact. Through real estate investing, they create immeasurable impacts on their family, friends, community, and the families (residents) they serve in the spaces where they want to be generous.... everywhere and anywhere! Their "why" is to achieve financial freedom through real estate investing so they can serve others all over the world.

In this episode, Suzy and Michael will talk about ROI or Return on Impact. They will talk about how this ROI mindset has helped them achieve more and create a life-changing impact on the people they serve. Suzy and Michael also talk about extreme long-distance investing and how they are able to do it effectively and efficiently. Join us and listen in!

[00:01 - 07:00] Introduction

• Welcoming Suzy and Michael to the show
• Suzy and Michael share their background
• How they got into real estate
• The book that made them want to start in real estate

[07:01 - 12:13] Capitalizing on Opportunities in the Virtual World

• How Suzy and Michael grew their portfolio so rapidly
• • The effect of networking virtually
  • Making use of their time during the pandemic

• Suzy and Michael talk about starting their companies

[12:14 - 21:21] Extreme Long-Distance Investing

• How Suzy and Michael manage to invest from a long distance
• The importance of having partners
• They talk about their property manager
• Why having systems and processes in place is key
• How having a mentor helped them
• Dealing with different time zones

[21:22 - 35:14] ROI (Return on Impact)

• The impact Suzy and Michael want to leave in this world
• How a small impact from each person can create a bigger collective impact
• The most rewarding thing they have done for someone
• • Helping people accomplish their dreams
• How the Return on Impact mindset helped them succeed
• • Why everyone should have the Return on Impact mindset

[35:15 - 40:39] The Pod Decks Segment

• Would you ever pick up a hitchhiker?
• What is something you get wrong almost every time you do it?
• Where do you lack discipline in your life?
• What embarrasses you instantly?

[40:40 - 48:30] The Core Four

• What is your favorite real estate-related book?
• • Who Not How by Dan Sullivan (link below)
• What do you think your unique skill is that helped you become successful?
• • Tenacity
• Tell me something that's true about real estate that almost nobody agrees with you on
• • You can invest in anywhere from anywhere in the world
  • You don't have to start with single-family
• What one piece of advice would you give the listeners wanting to succeed in real estate investing?
• • Show up every day
• Connect with Suzy and Michael!
• A summary of the episode
• Closing words

Key Quotes:

"An impact is an impact. There are almost 8 billion people on this earth, and if half of us even made a 1% positive impact on somebody every day, that would just create this beautiful ripple effect. That is huge. That's just what we're trying to do." - Suzy Sevier

"Just keep at it because you were born to make an impact." - Suzy Sevier

"When you care for people, the world cares for you." - Suzy Sevier

"There's a lot of issues and problems that you can run into when investing in real estate. A lot of us or some people would just curl up in a ball and quit or give up, but the successful ones are very skillful and find a way around, through, or over the wall." - Michael Barnhart

"Every single day continue to show up. Even though you might not feel like you're moving the needle, you are. Just make yourself 1% better every single day, stick to routines that have made you successful. And if they haven't been successful, just stick to something and keep with it and just move the needle a little bit every day, and you'll be successful." - Michael Barnhart

Resources Mentioned:

• Multiple Streams of Income by Robert Allen
• https://adventurousrei.com/checklist
• Who Not How by Dan Sullivan

Connect with Suzy on LinkedIn!

Connect with Michael on LinkedIn!

Check out Adventurous Real Estate Investors on their website, Facebook, and Instagram!

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

Welcome back to the Creative Capital Podcast with Josh Ferrari! In today's No-Limit Minute Segment, I am going to talk about the untold secret to investing. What is this secret? Or should I say, is there any secret? In this episode, I will talk about this untold secret to investing and how it will help you to get started in your journey of achieving your goals! Ready to know the secret? Listen in!

[00:01 - 04:02] The Untold Secret to Investing

• We live in an informative world
• The secret is there is no secret
• You have to get started
• Take that small risk!
• Get out of your comfort zone

Key Quotes:

"The secret of how to get started in real estate investing or multifamily syndication, specifically, or finding partners or whatever it is, the secret is that there is no secret. You just have to go out there and you have to get started." - Josh Ferrari

"Those little tiny risks of getting out of your comfort zone, those can literally be the starts to a multi-million billion-, trillion-dollar company business, whatever it is that you're trying to do. So I encourage you guys to go out there, get started, take that small risk, and don't be afraid to do so." - 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