W2 Capitalist | For BRRRR-ing, Married, Busy Parents

How to Approach Family and Friends for Potential Partnerships with Danny Randazzo


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Danny Randazzo is an author, entrepreneur, host of a real estate mastermind, investor, national speaker, and volunteer with The First Tee. He has over half a decade of professional experience working as a financial consultant. He advised multi-billion dollar companies and helped them achieve results in areas that include improved revenue performance, increased profit margin, and enhanced technology utilization. His passion for financial freedom started when he was five years old running small businesses to make extra money. In high school, he read real estate books and studied finance to understand the power of owning assets. His commercial real estate knowledge (from books) gave him and Caitlin the courage to buy their first investment property, which was a $1,000,000 office building. Within the company, Danny is focused on asset management, building relationships, investment analysis, planning, and all things finance.

Key Discussion Points:

  • Raising Money from Family & Friends
  • Transparency is the MOST important
  • Build Credibility
  • Fear of being Uncomfortable -> Feel the Pain!
  • 1st Deal will be your most difficult
  • Where is the market going?
  • Focus on investing in your backyard
  • Job and population growth are key indicators for potential markets
  • Low hanging fruit to slash operating expenses
  • The First Tee

 

Episode Affiliate:

  • Passive Real Estate Investor Academy

 

Contact:

  • Danny Randazzo
    • PassiveInvesting.com
    • RandazzoCapital.com

 

Links mentioned in this episode:

  • The Boy Who Lost His Wallet by Danny Randazzo
  • Way of The Warrior Kid by Jocko Willink 
  • Real Estate Investing for The W2 Employee Facebook Group
  • W2Capitalist.com
  • HelmsREI.com 
...more
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W2 Capitalist | For BRRRR-ing, Married, Busy ParentsBy Jay Helms

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