Raymond T. Hightower is a tech company founder and commercial real estate investor operating in the State of Arizona, USA. Growing a technology company for twenty-one years and ultimately selling it gave Hightower a boots-on-the-ground education in business execution and vanquishing obstacles.
Driven by a desire to improve the world through business, Hightower launched ROIClear (formerly BizDayGlobal), the video podcast where business leaders serve others by sharing knowledge. Hightower is active with the Boy Scouts of America where he teaches future leaders about budgeting and time management.
In 2017, Hightower launched Bridgetown Partners. Bridgetown is a buyer of commercial real estate in Arizona, Tennessee, and Texas, with a special focus on 50-150 unit multifamily properties.
In this episode, Raymond discusses the importance of real estate investing and how to create an effective asset management plan. From understanding the power of saying no and having options to budgeting for short-term and long-term needs, this podcast episode provides valuable insight on how to be smart with your investments. He will also provide tips on proper property management, such as ensuring adequate lighting in corridors and monitoring for theft or crime. Plus, He’ll talk about building a local investor base, developing credibility with investors, verifying wiring instructions to avoid any fraudulent activity, and using ACHs for initial deposits over wires. Don’t miss this informative episode packed full of helpful advice on how to make the most out of your real estate investing!
[00:01 - 07:41] How to Save Time and Avoid Costly Mistakes
- Negotiating is counterintuitive - you don't want the yes, you want the no
- Entrepreneurial timeline is feast or famine
- Budgeting is essential for long-term growth
- Asset management principles applied to life
[07:42 - 15:03] Exploring the Benefits of Proactive Security Measures
- Increased demand for security measures such as lights and cameras due to residents wanting a sense of personal security and fairness
- Proactive approach to nipping potential issues in the bud, such as increased lighting in corridors
- Building relationships with investors by sharing knowledge and having real-time conversations
- Quarterly Zoom calls with investors to provide updates on properties
- Bus tours of properties to welcome investors with fire pits, apple cider, and ladders
[15:04 - 22:15] Closing Segment
- Raymond shares why we should consider using ACH instead of wires
- To learn more about Raymond and his work, listeners can visit bizdayglobal.com!
Tweetable Quotes:
“If you're calling someone in for a Zoom call, you wanna give them something of value.” – Raymond T. Hightower
“Be proactive.” – Raymond T. Hightower
You can connect with Raymond T. Hightower through his:
Websites: rayhightower.com, bridgetownpartners.com
Email: [email protected]
Social Media: Facebook, Instagram, LinkedIn, Twitter, Tiktok
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