The Cashflow Project

The Cashflow Project

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The Cashflow Project episodes

  • How to Survive in Real Estate with John Schuchman

    In this episode of The Cashflow Project, Steve talks with John Schuchman about his journey to success in real estate, and the role social media played in his career. Their practical and relational approach to ideas is what makes this episode a must, not only for real estate investors for entrepreneurs in genera. John shares important lessons in his life experiences, from investing in yourself to establishing quality connections with random people through social media.

     

    When promoting your business, posting on social media is a daunting task for most people. How do you even get started with what to post? I'm not good at this, what would my family and friends say?

     

    Intrigued? Let's find out more.

     

    Outline of the episode: 

    01:32 – John' journey to real estate through multiple jobs

    04:42 – Leveraging social skills and social media.

    06:23 – From first house sold to paying off debt in two years.

    11:09 – Investing % of your income to become better.

    15:26 – On the power of mastermind and surprise lessons.

    17:07 – Sharing life lessons and calling success into question.

    20:05 – Constantly pushing yourself to be better in all aspects.

    23:01 – On perspective when utilizing social media.

    28:32 – Posting as a storyteller, not begging for a sale.

    31:12 – Dealing with negative generalizations from the public.

    34:31 – Understanding client needs and generosity from success.

    39:21 – An important tip for investors

    42:18 – Fire Round: Best book recommendation

    43:47 – Fire Round: What is your superpower?

    45:35 – Fire Round: Biggest learned so far

    46:50 – Advise for the busy working professional.

     

    About John Schuchman:

     

    John communicates well with agents and their entrepreneurs and has a heart for helping others succeed. His kindness and expertise come through clearly in his voice.

     

    By way of background, John lost a full-time W-2 job and struggled mentally and emotionally for months before he found his home in real estate business and a passion for not only helping his own clients, but he also has a gift for helping others grow businesses organically through the power of social media. John coaches others to do this with no cold-calling and no-pitching, just purely sharing stories and treating people the right way.

     

     

    Connect with John Schuchman …

    Website: https://therealestatesurvivalguide.com/

    LinkedIn: https://www.linkedin.com/in/johnschuchman/

    Instagram: https://www.linkedin.com/in/johnschuchman/

    Facebook: https://www.facebook.com/JohnSchuchman/

     

     

     

    Connect with The Cashflow Project!

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    •      LinkedIn

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    •      Facebook

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    Connect with Tr-City Equity

    Website: https://tricityequity.com/

     


    54 min
  • Creative design, shipping containers and real estate with Rick Coughlin

    Is it possible to bring together your experience from another market segment, and merge it with your passion while addressing a market gap?

     

    Join Steve in this episode of The Cashflow Project, as he talks to Ric Coughlin of Grove Studios in a very creative discussion about design, technology, music, real estate, and how innovating the short-term rental business model brings them all together.

     

    Together let's learn how we can monetize on our passion!

     

    Outline of the episode: 

    01:09 – Rick's entrepreneur journey.

    03:53 – Merging the love for technology, music, and real estate.

    06:17 – How they started a short-term rental for creatives.

    08:57 – Leveraging experience and competence from a different segment

    12:11 – Bringing together disparate ideas and making them work.

    12:41 – Recognizing the gap and building a business model.

    14:10 – On repurposing underutilized spaces and shipping containers.

    17:16 – On using automation technology and parallels with short-term rentals.

    21:22 – A walkthrough of their project in Tucson and their long-term plans

    23:28 – Self-awareness on skills and partnering with the right people.

    27:40 – Upcoming projects in Detroit and valuing integrity

    33:36 – On social media presence and education-based marketing

    35:47 – Benefits of using containers, even for multifamily purposes

    40:44 – Fire Round: Best Book

    42:52 – Fire Round: What would you consider your superpower?

    44:58 – Fire Round: Biggest lesson you've learned

    47:50 – Advise for the busy working professional

     

     

    About Rick Coughlin:

     

    Rick is a versatile professional with over 25 years of experience in education, administrative leadership, sales, and enterprise technology integration and is an active short term rental operator.

     

    Rick's journey began as the co-founder and Chief Vision Officer of Grove Studios, a 24/7 self-service creative studio startup. His vision for scaling music, audio, and visual production studios globally using modular cargo architecture design led him to join the innovative architecture firm Three Squared Inc., where he continues to push the boundaries of construction practices.

     

    Rick's unwavering commitment to growth, his expertise in innovative construction, and his passion for providing exceptional guest experiences make him a dynamic professional in the field of short-term rentals.

     

     

    Connect with Rick Coughlin …

    Grove Studios Website: https://grovestudios.space/

    ThreeSquared Inc. Website: https://www.threesquaredinc.com/

    LinkedIn: https://www.linkedin.com/in/iamrickcoughlin/

    Instagram: https://www.instagram.com/iamrickcoughlin/

    Facebook: https://www.facebook.com/iamrickcoughlin

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      YouTube

    •      Facebook

    •      Instagram

     

    Connect with Tr-City Equity

    Website: https://tricityequity.com/

     

    57 min
  • Success in family and business with Jim Sheils

    Join Steve Fierro in this episode of The Cashflow Project, as he sits down with Jim Sheils and discuss how it is possible to take care of both your business and your family together. Jim's successful career in real estate is matched with his success in his family life, bringing a heartwarming and inspiring message of being able to buy back time to spend with your family.

     

    For a lot of entrepreneurs, focusing and growing a business requires time away from the family with an earnest hope that they would understand. But, despite their understanding, does your family dynamic really stay the same or as expected when you're not around?

     

    Tune in to this very interesting conversation.

     

    Outline of the episode: 

    01:17 – Jim's journey into Real Estate and lessons along the way

    04:02 – On current markets and being better prepared.

    05:13 – Jim's business strategies over time

    06:54 – Challenges in older properties and the 3-year curse

    10:24 – Starting small with better quality.

    12:06 – Benefits of a modern property

    14:13 – The real estate market in Florida

    16:33 – On hyperlocal nature of real estate

    17:49 – On holding high quality hard assets.

    19:20 – About 18 Summers, and Jim's family life

    21:10 – Success is debatable if you lose your family.

    22:19 – Real Estate as a leveraging tool

    23:30 – The math of 18 summers and making it count.

    25:02 – The impact of not being present for your family.

    26:39 – You can have the best of both worlds.

    31:19 – A new book: The Passive Income Playbook

    33:17 – Fire Round: Best Book

    34:09 – Fire Round: What's your superpower?

    34:33 – Fire Round: Biggest lesson learned so far

    35:22 – Advise for the busy working professional

     

     

     

     

    About Jim Sheils:

     

    Jim Sheils is a full-time real estate investor for over twenty-two years, completing over 2,000 acquisitions and rehabs. After his start in Bakersfield CA, he came to Florida to follow the long-term growth patterns he was seeing predicted for the southeastern United States.

     

    Post 2008, his company, Jax Wealth Investments focused on bulk foreclosure acquisitions for several years until creating a joint venture with Carter and Chris Funk to focus on the emerging “Build To Rent” model.

     

    In 2022, after over $300 million in deals together, Jim came on as a full partner in SI Homes. This dynamic partnership has enabled him to better develop key initiatives and relationships with both clients and strategic partners.

     

    In addition to real estate, Jim is co-founder of the company 18 Summers and best-selling author of the popular book “The Family Board Meeting”. His family talks have been delivered on stages worldwide and are a matching core value for our team and many of our clients.

     

     

    Connect with Jim Sheils …

    Website: https://southernimpressionhomes.com

    Website: https://www.18summers.com/

     

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      YouTube

    •      Facebook

    •      Instagram

     

    Connect with Tr-City Equity

    Website: https://tricityequity.com/

    43 min
  • International Short term rentals with DeAnna Lee

     

    Join Steve in this episode of The Cashflow Project as he sits down with DeAnna Lee, a short-term rental investor and founder of Destination Dream Homes. DeAnna takes us on her inspiring journey into real estate investing, sharing her early experiences with house flipping and the strategic decision to purchase a duplex as her first home. Discover how a challenging flood incident transformed her perspective, leading her to explore the world of Airbnb rentals and remote property management. Tune in to gain wisdom from DeAnna's personal journey and discover the possibilities of short-term rentals and remote property management.

     

    International Short-term rentals with DeAnna Lee

     

    DeAnna is a real estate investor and entrepreneur who shares valuable lessons learned along her journey. She emphasizes the importance of having backups and contingencies in place, investing in the best team, and surrounding oneself with like-minded individuals. DeAnna discusses her international real estate ventures, including her experiences with financing properties and leveraging debt strategically. She highlights the power of visualization, gratitude, and setting goals. DeAnna also shares her current projects, a glamp site in Utah and a wellness retreat in the Dominican Republic, and invites interested individuals to reach out. She recommends seeking education and mentorship, and shares her personal story of overcoming challenges

     

    About DeAnna Lee:

     

    DeAnna Lee is the host of Destination Dream Homes and a passionate individual who combines her love for nature, design, and real estate to create unforgettable experiences for guests. She started her journey as a single mom, purchasing her first duplex and renovating it into a cherished home filled with memories. Over time, she discovered the potential to merge her interests into something remarkable—providing beautiful spaces and top-notch amenities for travelers. DeAnna's goal is to offer a stress-free vacation experience, allowing guests to unwind and enjoy every moment without worrying about the details. She strives to create an atmosphere of ease and relaxation, ensuring that her guests return repeatedly, building lasting memories with their loved ones.

     

    Outline of the episode: 

    (0:02) - Welcoming a Passionate Real Estate Investor

    (1:14) - Exploring the Exciting World of Real Estate

    (5:55) - The importance of no borders in investing: Unleashing Opportunities in Short-term Rentals

    (10:51) - The importance of level setting: Aligning Expectations for Success

    (18:21) - Maximizing Returns and Weathering Storms

    (22:29) - Building Dreams and Creating Experiences

    (27:05) - The power of vision boards and visualization: Manifesting Success through Clarity and Gratitude

    (33:56) - Learn from Mistakes and Prioritize Self-Care

    (37:54) - Connecting, Overcoming Barriers, and Expanding Networks

     

    Connect with DeAnna Lee …

    Website: https://destinationdreamhomes.com/

    YouTube: https://www.youtube.com/channel/UCu5gmWUfrXZ6QTMBud_Lf1Q

    Instagram: https://www.instagram.com/destination_dream_homes/

    Facebook: https://www.facebook.com/DestinationDreamHomes/

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      YouTube

    •      Facebook

    •      Instagram

     

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/


    44 min
  • Impact and Income through Residential Assisted Living w/ Isabelle Guarino-Smith

    Welcome to The Cashflow Project! Join Steve as he explores the world of residential assisted living with the incredible Isabelle Guarino-Smith. Discover Isabelle's inspiring journey and how her family revolutionized senior care by transforming single-family homes into warm havens for seniors. Learn how they built a successful business and became influential trainers in the industry. Isabelle unveils the untapped potential in senior housing, fueled by the upcoming "silver tsunami" of the baby boomer generation. Find out how to seize the massive opportunities and be part of this booming market.

     

    Impact and Income through Residential Assisted Living

     

    Isabelle reveals golden opportunities in the booming senior housing market. Learn the secret to success: being an early player and scaling up to attract buyers and investors. Discover the power of packaging and selling multiple facilities for long-term financial prosperity. Experience the emotional fulfillment of improving seniors' lives and the positive ripple effect on families, caregivers, and the community. Invest in high-end areas for a seamless blend of upscale living. Join Isabelle on this captivating journey to positively impact one million lives in 10 years. Unleash the secrets of success and leave a lasting legacy!

     

    About Isabelle Guarino-Smith:

    Isabelle is a graduate from Arizona State University, a former flight attendant, Walt Disney World intern and now Residential Assisted Living Academy’s leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She's been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title as one of the "Top Influencers in Senior Housing". Isabelle also won Aging Media's "the Future Leaders of Assisted Living" award in 2020 being 2 of 100's under 30 to make the list.

     

    Outline of the episode: 

     

    0:02 - Introducing Isabelle

    1:08 - Unveiling the Journey: Isabelle's Path to Residential Assisted Living

    2:54 - Navigating the 'Silver Tsunami': Baby Boomers' Impact on the Senior Housing Market

    6:36 - Seizing the Golden Opportunity: First to Market in Senior Housing Industry with Isabelle

    10:09 - The importance of having multiple exit strategies.

    11:34 - The Landscape of Assisted Living: Mom and Pop-Style, Scalability, Creativity, and Emotion

    16:39 - Expanding Horizons: Assisted Living Beyond Location and Cost Arbitrage

    18:33 - Diverse Paths to Enter Assisted Living: Converting Homes, Overcoming Pushback, Buying Existing Businesses, and Building Custom Facilities

    22:11 - Impacting Seniors and the Community: Strategy, Million Dollar Timeline, and Book Recommendations

    24:38 - Book Recommendation: The 5 AM Club

     

    Connect with Isabelle Guarino-Smith…

    Website: https://residentialassistedlivingacademy.com/

    LinkedIn: https://www.linkedin.com/in/isabelle-guarino/

    Podcast: https://residentialassistedlivingacademy.com/podcast_personality/isabelle/

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      Youtube

    •      Facebook

    •      Instagram

     

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

     


    30 min
  • Investing Rocks! w/ Angel Williams

    Get ready to be inspired as Steve sits down with Angel Williams on the latest episode of The Cashflow Project! Angel is a co-founder and podcast host of The Academy Presents. With her extensive knowledge of residential real estate investing, Angel shares her passion for educating and growing the brains of listeners through her free content. From single-family homes to multifamily syndication, to oil and gas, Angel's expertise is sure to inspire anyone looking to invest in real estate.

     

    Angel is more than just an expert in investing - she's also a firm believer in maintaining a positive mindset and balancing personal and professional life. Working with her husband, Jason, has its challenges, but they support each other to achieve success. During the interview, Angel emphasizes the importance of taking things one step at a time and not giving up, all while prioritizing family relationships. Her story proves that investing rocks, but it's crucial to stay grounded and maintain a balance.

     

    Outline of the episode:

     

    0:00 - Introduction to the Cash Flow Project podcast.

    1:07 - Angel shares her background in real estate investing.

    5:39 - The Texas real estate market and where Angel and her team are currently investing.

    9:31 - Teaching in college versus teaching in other settings, and the modernization of learning.

    15:13 - Angel and Jason talks about their partnership in real estate investing and the importance of building relationships.

    20:42 - The power of persistence and the effect of making one more call.

    24:57 - Impact of having a child with special needs and maintaining a positive mindset.

    31:30 - Importance of showing up and being present to win in real estate investing.

    35:49 - Finding your superpower and the importance of relationships in real estate investing.

    41:40 - Advice for busy professionals looking to achieve financial freedom; how to connect with Angel and her company.

     

    About Angel Williams:

    Angel Williams is an experienced real estate investor, entrepreneur, and educator. She has invested in real estate for over 20 years, starting with her first rental property. Angel has knowledge and experience in various real estate investment types, such as single-family home rentals, residential multifamily rentals, multifamily syndication, and oil and gas investing. She graduated from Baylor University with a BBA and MS in Economics.

     

    Connect with Angel Williams…

    Website: http://theacademypresents.com/

    LinkedIn: https://www.linkedin.com/in/angel-williams-re/

    Podcast: https://podcasts.apple.com/us/podcast/the-academy-presents-podcast/id1528551735

    https://www.podchaser.com/podcasts/the-academy-presents-podcast-1579049

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      Youtube

    •      Facebook

    •      Instagram

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

    48 min
  • Mini Multifamily mastery with Ray Heimann

    Welcome to the Cash Flow Project podcast, the go-to resource for investors seeking to generate income through multifamily real estate. In this episode, Steve sits down with Ray Heimann, as he shares his inspiring journey, from being an unskilled laborer for his parents' construction company to co-founding Terra Capital. With years of experience in deal structuring and portfolio management, Ray has successfully identified key factors in his home market to invest in. Tune in to hear valuable insights on investing in smaller multifamily properties and learn from Ray's extensive knowledge and experience. 

     

    Mini Multifamily Mastery with Ray Heimann 

     

    Ray Heimann shares his experience in private equity acquisition strategy, deal structuring, and portfolio management, and focuses on repositioning smaller multifamily assets across key Midwest markets. He emphasizes the importance of identifying healthy and stable markets with opportunities for upside, and of buying low, renovating smartly, managing everything internally, and portfolio arbitrage. He also recommends biographies as a helpful way to learn and improve oneself, and advises defining what you want with your financial freedom and exploring passive and potentially more profitable options if you do not want to work hard and be productive. 

     

    About Ray Heimann: 

    Ray Heimann is a real estate investor and co-founder of Terra Capital, an investment firm that focuses on turning small, outdated residential real estate assets into scaled, turnkey portfolios of modern-finish units across the US. He has over a decade of experience working for various investment firms, including JP Morgan, Booz & Company, and Sverica Capital, where he covered US REITs, advised on corporate transactions, and focused on deal sourcing in healthcare and real estate. Ray holds a B.A. in Mathematics and Philosophy from Columbia University. He is known for his focus on cutting out the noise around what's hot and honing in on strategies that repeatedly drive strong, risk-adjusted returns. 

     

    Outline of the episode:  

     

    0:01 - Introduction to Ray Hyman, managing director for Tri City Equity Group and his background in real estate. 

     

    5:53 - The value of being a long-term employee and the difference between single-family home aggregators and multifamily properties. 

     

    11:44 - The underserved market for multi-family syndications, workforce housing, and opportunities in the Austin real estate space. 

     

    17:47 - Scaling up in real estate, closing 100 units at scale, and building relationships with contractors. 

     

    23:37 - Targeting specific markets in real estate and navigating competition and regulatory risk. 

     

    29:12 - Acquisition strategy, portfolio arbitrage, capital raising, and leveraging the capital markets. 

     

    34:19 - Filling the gap in the Indianapolis market, handling leverage, and building an investor base. 

     

    40:01 - Ray's superpower, biggest lesson learned, and advice for busy professionals working towards financial freedom. 

     

    45:19 - How to get in touch with Ray and his company, Terra Capital. 

     

    Connect with Ray Heimann… 

    Website: http://www.usaterra.com/ 

    LinkedIn: https://www.linkedin.com/in/ray-heimann-6964ab88/ 

    Company LinkedIn: https://www.linkedin.com/company/terracapfund/ 

     

    Connect with The Cashflow Project! 

    • Website 
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    • Instagram 

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/ 

     

    51 min
  • Short term rental stardom with Patryk Swietek

    Get ready to learn from one of the brightest minds in real estate investing, as Steve sits down with Patryk Swietek, founder of STR Nation and successful real estate investor. From building his first tech company at just 14 years old to now managing 20 short-term rentals, Patryk shares his secrets to financial freedom for millennials and Gen Z through real estate investing. Join us as he discusses his background, team-building experience, and his journey to success in the industry after struggling in the corporate world.

     

    Short term rental stardom with Patryk Swietek

     

    Short term rental stardom is a reference to Patryk Swietek's success in managing and owning multiple short-term rental properties. He discussed his background and experiences in real estate investing. He also shared his insights on the importance of having the right systems and processes in place in order to succeed in real estate, as well as the importance of taking risks and not waiting for hot tips to get to the next level. Patryk's story of quitting his job and starting his own Airbnb rental business serves as an inspirational example for those who may think it's too late to start investing in real estate.

     

    About Patryk Swietek:

    Patryk Swietek is a young entrepreneur who founded his first tech company at the age of 14. He has been making strides in business and is a real estate investor who currently owns six short-term rentals and manages 20 others for investors in the Joshua Tree area of California. He is the founder of STR Nation, a company that educates other investors on how to become financially free through real estate investing. He has a background in tech and built several tech companies, but also had a stint in corporate jobs, which he found not to be his calling.

     

    Outline of the episode: 

     

    0:00 - Introduction and Background of Patryk

    8:34 - Fast-Tracking Success Through Failure and Real Estate Investing

    16:04 - Choosing the Right Time to Buy Property and Navigating a Soft Market

    21:30 - Hiring for Operations Manager Role and Importance of Having a Scalable Business

    28:02 - Building a Real Estate Portfolio and Achieving Financial Freedom

    32:24 - Traveling the World for Retirement and Replacing Current Expenses

    35:06 - Chunking Down Goals and Finding Your Superpower

    40:54 – Patryk’s Superpower and Advice for Busy Professionals

     

    Connect with Patryk Swietek…

    Website: https://linktr.ee/Pswietek

    Instagram: https://www.instagram.com/patryk_swietek/

    Facebook: https://www.facebook.com/PatrykTSwietek

    LinkedIn: https://www.linkedin.com/in/patrykswietek/

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      Youtube

    •      Facebook

    •      Instagram

     

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

     


    48 min
  • Engineering Financial Freedom with the Cashflow Cowboy, Justin Wawrzyniak

    Welcome to The Cashflow Project, where we explore the world of real estate investing and interview successful investors. In this episode, Vince is joined by Justin Wawrzyniak, a former engineer who is now a cash-flow cowboy. Justin has achieved the impressive feat of amassing over $1 million in equity and $130,000 in wholesale profits in just two years. In this captivating episode, he discusses the challenges and lessons he learned, including his decision to purchase multifamily properties, find off-market deals, and negotiate with direct-to-seller sales. If you're interested in real estate investing or want to hear firsthand from someone who has achieved remarkable success quickly, you want to take advantage of this!

     

    Engineering Financial Freedom with the Cashflow Cowboy

     

    The "Engineering Financial Freedom" theme is relevant to Justin's story, and he used his skills and knowledge to build a successful real estate portfolio. He shares his experience and insights on transitioning from a corporate job to investing in real estate, taking calculated risks, and creating a passive income stream that can replace a W2 position. In addition, Justin emphasizes the importance of building relationships, automating and delegating tasks, and consistently following up with brokers to find good deals.

     

    About Justin Wawrzyniak:

    Justin Wawrzyniak is a real estate professional who used to work in corporate America but transitioned to real estate investing in 2020. He specializes in multifamily real estate investments and helps others on their real estate journey by sharing his experiences on social media platforms and podcasts. Justin also has a background in engineering and leverages technology to identify top multifamily investment opportunities in his market. He holds a professional Real Estate License in both Indiana and Michigan.

     

    Outline of the episode: 

     

    2:50 – Transition from being a highly recruited engineer to a full-time real estate investor and cash flow cowboy at the age of 25.

    9:14 – The importance of surrounding oneself with supportive people and breaking free from limiting beliefs.

    14:35 – Advice for people who are considering making a career change or starting a business.

    18:20 – The importance of coaching and masterminds in real estate investing.

    23:41 – Personal experiences and the challenges of reaching their investment goals.

    29:29 – How to distinguish oneself from others in the DTS model, how to build a DTS system, and how to automate it as much as possible.

    33:50 – The importance of consistently following up with commercial real estate brokers in order to become top of mind for them.

    37:59 – The benefits of direct-to-seller property deals and the importance of building relationships.

    41:19 – The importance of building relationships in the market, sticking with a market for a long time, and finding mentors to learn from.

    46:52 – Post-COVID project management and how it has been affected by labor shortages, inflation, and supply chain disruptions.

    53:36 – Various tools and techniques that real estate investors should learn.

    58:57 – The benefits of attending in-person events for busy professionals .

     

     

    Connect with Justin Wawrzyniak…

    Website: www.NoStressDTS.com

    Instagram: https://www.instagram.com/cashflow_cowboy/

    Facebook: https://www.facebook.com/justin.wawrzyniak

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      Youtube

    •      Facebook

    •      Instagram

     

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

     


    1 hr 3 min
  • Creating Legacy Wealth through Business Acquisitions with Jay Bourgana

    Welcome to The Cashflow Project! In this episode, Vince sits down with Jay Bourgana, a business visionary who has turned struggling businesses into success stories over 25 years of experience in the US, China, and Europe. Jay shares his journey from working for a company to owning his own businesses and assets, where he learned valuable lessons in good management, accounting, and inventory control. He also discusses his current focus on acquiring struggling businesses to turn them around and help them grow for potential sale or long-term hold. Tune in as Jay and Vince explore the concept of bottlenecks in business operations, how to identify them, and how to speed them up to ensure smooth operations!

     

    Creating Legacy Wealth through Business Acquisitions

     

    Jay Organa is a visionary who has turned struggling businesses into success stories over 25 years of experience in the US, China, and Europe. He is a true entrepreneur who has increased his personal side from zero to 350 million in residential sales in just four years. Jay's first business was a small chain of convenience stores in Morocco. He quickly realized that he had the wrong people, no systems for managing inventory, no accounting systems, and no good management skills. Jay learned the lesson of trusting but verifying, having good accounting and inventory management systems, and sound processes to prevent losses. He believes you know much more from tough times than good times. Jay did not have a well-thought-out strategy for choosing an asset class, and he stumbled into the convenience store business by chance.

     

    About Jay Bourgana:

     

    Jay is an accomplished entrepreneur and expert in private equity investing for small and medium-sized businesses (SMBs), with over a decade of experience in banking, manufacturing, and management consulting across China and Europe. He founded Homearly Real Estate Group, which he transformed into a $350 million enterprise with 5000 successful transactions in just four years. In 2018, he sold the company to a leading southern California firm. Jay is dedicated to assisting fellow entrepreneurs in creating successful exit plans and investors in executing high ROI investments in SMBs. He is also an experienced real estate and business investor, always seeking new opportunities to add value to the community.

     

    Outline of the episode: 

     

    0:00 Lessons Learned from Starting a Convenience Store

    3:32 Managing a Million Square Foot Facility and Bankruptcy

    8:32 The Journey of a Turnaround Guy: From Corporate to Entrepreneurship to Real Estate

    15:31 Navigating Cultural Nuances and Deepening Business Relationships

    22:57 The Joy of Business Acquisition and Transformation

    27:25 Exploring the Next Opportunity in Real Estate

    34:00 The current state of the market, recent collapses of SVB, Signature Bank, First Republic, and Credit Suisse.

    39:47 Real estate investing and negotiation tactics during COVID-19 pandemic

    45:11 The challenges and impacts of the pandemic on the real estate industry

    52:01 Building Relationships for Business Success: The Power of Retention and Talent Acquisition

    55:28 Advice from Jay on Achieving Success in Life and Business

     

     

    Connect with Jay Bourgana…

    LinkedIn: https://www.linkedin.com/in/jay-bourgana-519a7865/

     

    Connect with The Cashflow Project!

    •      Website

    •      LinkedIn

    •      Youtube

    •      Facebook

    •      Instagram

     

     

    The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

     


    1 hr 2 min

About The Cashflow Project

From the publisher's feed

This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.

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