PaintED Podcast

Financing Your Real Estate Investments: Contractor Evolution


Listen Later

For a free copy of Kyle’s book, click here:

https://trybta.com/YTEP139
It’s time for episode 2 of our Wealth-Builder Series!
For the growth-minded contractor investing in real estate is an obvious, lucrative, and fun place to put their hard-earned profits.
Making money in trades and construction and investing said money into real estate of some shape or form seem to go together like peanut butter and jam.
This makes sense... You already have the skills, the tools, the know-how, and the contacts to elbow grease your way to wealth.
One of the core components to success here is financing - most real estate transactions involve a lender in some capacity, but getting continuous financing isn’t always easy, especially as an entrepreneur. To have a long and successful career as a real estate investor, you need to “be lendable” - and this is a skill worth learning.
Kyle Green is the founder of the Green Mortgage Team and is our guest on the show today.
Throughout his career, he has funded over a billion dollars in mortgages, almost entirely to entrepreneurs.
In today’s conversation with Kyle, we talk about:
- How entrepreneurs can find the balance between being tax efficient with what you pull out of your business while still remaining lendable in the eyes of a bank
- The most common ways contractors majorly screw it up with real estate
- And lastly, we talk about how rising interest rates are changing the investment landscape and what you can do about it
00:00 - Intro
03:54 - Why is real estate so complimentary to contracting?
10:58 - What does success down this path look like?
13:44 - Banks make it hard for entrepreneurs to borrow, how do we stay "lendable" as an entrepreneur?
24:04 - Under-utilized lending mechanisms and tools
28:02 - Talk about the risks and downsides
40:00 - Current Vibes around the market (Oct 2023)
45:48 - Pros and Cons of owning the space you operate out of
51:29 - Closing Advice
Subscribe to Breakthrough Academy to never miss a video! �
http://bit.ly/youtubebta
Interested in working with us? Let's chat: https://trybta.com/welcome
Join our Facebook Group:
https://www.facebook.com/groups/contr...
Connect with us on Social Media:
Facebook: https://www.facebook.com/thebreakthro...
Instagram: https://www.instagram.com/btacademy/
LinkedIn: https://www.linkedin.com/company/1017...
Phone: 1-800-875-1704
#BTA #BreakthroughAcademy #BuildingSuccess

Find More Episodes on PCA Overdrive: https://www.pcaoverdrive.org/contractor-evolution

PCA Overdrive is free for members.

Not a member? Download the app on the Apple Store or Google Play and enjoy a 7 day free trial!

Become a member: https://www.pcapainted.org/membership-resources/

...more
View all episodesView all episodes
Download on the App Store

PaintED PodcastBy PaintEd Podcast

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

56 ratings


More shows like PaintED Podcast

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,674 Listeners

The Ramsey Show by Ramsey Network

The Ramsey Show

39,228 Listeners

The Contractor Fight with Tom Reber by Tom Reber

The Contractor Fight with Tom Reber

408 Listeners

Modern Craftsman by Modern Craftsman

Modern Craftsman

1,139 Listeners

Contractor Secrets by Tanner Mullen

Contractor Secrets

50 Listeners

Paint Radio | American Painting Contractor by Andrew Dwyer

Paint Radio | American Painting Contractor

12 Listeners

Out of the Hourglass by Nolan Consulting Group

Out of the Hourglass

23 Listeners

PBD Podcast by PBD Podcast

PBD Podcast

4,433 Listeners

The Painting & Decorating Show by Fix Radio

The Painting & Decorating Show

1 Listeners

Painter Marketing Mastermind Podcast by Brandon Pierpont

Painter Marketing Mastermind Podcast

19 Listeners

Profitable Painter Podcast by Daniel Honan, CPA

Profitable Painter Podcast

12 Listeners

Painter Growth Podcast by Mike Gore-Hickman

Painter Growth Podcast

16 Listeners

Price. Sell. Paint. by Jon Bryant & Michael Murray

Price. Sell. Paint.

7 Listeners