Episode 12 with Damian Bergamaschi

“Mobile home parks are a really special asset class within real estate for this one reason. They're kind of a walled garden. So basically, the concept is that you just could buy a bad house, but it has to be in a good neighborhood. And with a mobile home park, you can actually improve the neighborhoods. You kind of break the rule of real estate, ‘location, location, location,’ a little bit. Not… not to the fullest, it's gray. But it can shift a little bit.”

Join Glenn as he interviews Damian Bergamaschi, a data-driven real estate investor based in South Carolina. Damian began working at the age of 12 in a comic bookstore. After some important financial realizations in his teenage years, he studied business and finance in college. In the last decade, Damian co-founded Damris Capital, an investment advisory firm specializing in mobile home parks and self-storage facilities. Damian has found his financial freedom by following data and taking portfolio opportunities that other investors overlook. 

Glenn and Damian discuss:

·         How to get investors to trust you 

·         VIX – The Volatility Index

·         Choosing investments through data and algorithms

·         Being a limited partner versus being a general partner

·         The benefits of small MHPs over larger MHPs

·         What makes MHPs a special asset

·         Controlling your RTOs and increasing their value

·         Changing the stigma of MHPs

·         Pros of regional acquisitions in building a team

·         Infilling MHPs

·         Building relationships and working with park owners for inventory

·         The difference in supply/demand in different regional markets

·         The impact of inflation on rentals

·         The importance of both the deal and the deal structure

·         Damian’s 50-acre family compound project

Episode Links:

X (formerly Twitter): @MobileHomeParkHero

LinkedIn: @damianbergamaschi

Instagram: @damianbergamaschi

https://www.countercapitalholdings.com/

https://www.damriscapital.com/

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 THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

LinkedIn: @glennyaney
X (formerly Twitter): @glennyaney
 
Podcast Management by Kelly Carlson Creative Services

Episode 11 with Brett Buras

“So, Glenn, I think you mentioned something that's so important and it's around alignment on the vision. When we buy a mobile home park. And if you sat in our internal meetings from the very, very beginning. The conversation really revolves around how can we make this place better.”

Join Glenn as he interviews Brett Buras, a fellow Tampa real estate investor. Brett started out as an entrepreneur in the marketing world. After selling his marketing business he moved into real estate where he ultimately found success in wholesaling real estate, property acquisition, and investing in mobile home parks. Currently, Brett has investments in over 30 mobile home parks across the country and actively manages about 100 pads.

Glenn and Brett discuss:

• Surviving the ups and downs of the real estate market
• Wholesaling real estate
• Using his marketing and communications skills as a wholesaler
• Defining parameters for acquisitions
• Successful third-party management for mobile home parks
• The importance of alignment in vision
• Owning a franchise hotel

Episode Links:

https://www.countercapitalholdings.com/

X (formerly Twitter): Mobile Home Park Maestro

LinkedIn: www.linkedin.com/in/brettburas/

https://www.buildium.com/

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THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Podcast Management by Kelly Carlson Creative Services

Episode 10 with Garrett Terrell

“The mobile home park deals are the best deals that I have ever purchased in my entire career. And they have been the easiest, they have made the most cash flow, and they're the most attractive to lenders. Believe it or not, local banks and credit unions love these... And it's literally tripled my net worth in three months - four months… I was hovering a little under 1,000,000 bucks basically for the last four years… After I bought these 2 mobile home parks, it bumped up to 3.2 million on [my] personal financial statement.”

Join Glenn as he interviews Garrett Terrell, a real estate investor from Phoenix, Arizona. Garrett started in real estate in 2018 at the age of 22 by house flipping. In the past 6 years, he has closed over 200 transactions. A former college baseball player, Garrett now owns 60 rental properties and has a $5,000,000 portfolio at the age of 28.

Glenn and Garrett discuss:

• Flipping houses
• The BRRRR Method
• Types of financing - private money, national banks, local banks, and credit unions
• Infinite banking
• Velocity banking 
• Using HELOCs, LLCs, and promissory notes to invest 
• Lien positions
• Real estate waterfalls
• Park owned vs. tenant owned mobile homes
• Pricing mobile home rentals
• Settings standards with tenants
• Single home properties vs. mobile home park properties
• Stacking property deals
• Building credibility with lenders and brokers
• The importance of having control of your business
• Price, speed, and convenience in financing

Episode Links:

X (formerly Twitter):@GarrettTerrell_

Instagram: @Garrett_Terrell

Facebook: https://www.facebook.com/garrett.terrell.5

LinkedIn: https://www.linkedin.com/in/garrett-terrell-6b3b2718b/

YouTube: www.youtube.com/c/GarrettTerrell

https://garrettterrell.com/

https://rocketcapital.fund/

[email protected]

Becoming Your Own Banker by R. Nelson Nash

------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Podcast Management by Kelly Carlson Creative Services

Episode 9 with Lauren Keen Aumond

“I like short term rentals so much more than I like long term rentals. I feel like they're easier to maintain. Like we touch up paint like once a year. I think we had to replace one blind one time in all of our units. But I kind of like that there's no big turns. People are happier. You get really rewarded for making the properties beautiful.”

Join Glenn as he interviews Lauren Keen Aumond, a real estate investor and personal finance content creator who retired from her 6-figure sales job at the age of 33. She currently lives in the Tampa Bay area where she is the owner of several long-term and short-term rentals. Lauren is the co-founder of House Money Media and hosts both the House Money Podcast and the Adulting is Easy podcast.

Glenn and Lauren discuss:

·         Lauren’s journey from a sales career to real estate investor and finance coach

·         House hacking with family

·         Owning AirBnBs

·         Benefits of short-term rentals versus long-term rentals

·         Management of rentals

·         The importance of emergency funds with owning properties

·         Maxing 401Ks

·         Lauren’s podcasts – Adulting is Easy and the House Money Podcast

Episode Links:

Instragram: @adultingiseasyreal

X (formerly Twitter): @AdultingisEasy

Podcasts: House Money Podcast / Real Adulting is Easy Podcast

https://www.realadultingiseasy.com/

https://www.housemoneymedia.com/

------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Podcast Management by Kelly Carlson Creative Services

Episode 8 with Derek Vickers

“And so, I would tell people to go all in on something that you know is right. Like, I had a full understanding that these parks - we had done it before in another park - I was like, ‘Dude - these are sure fire things.’ There was no hesitation. If I have to hesitate to wire 50 grand. Then you shouldn't do it. But with the mobile home parks it was like boom, no hesitation.”

Join Glenn as he interviews Derek Vickers, a mobile home park owner from Orlando, Florida. Derek is the owner of 38 mobile park home communities, as well as the owner of Vicktory Real Estate Group. Since leaving his 9-to-5 in the insurance business, he now coaches others in mobile home park investments and hosts the podcast, The MHP Show.

Glenn and Derek discuss:

·         Using experience from the insurance business as a real estate investor

·         Derek’s first mobile home park property

·         Challenges in managing mobile home parks

·         Converting park owned homes to tenant owned homes

·         Refinancing mobile park home properties

·         Mobile home park properties versus apartment properties

·         Knowing when to buy and invest in a deal

·         Derek’s coaching business and podcast

Episode Links:

LinkedIn: @derek-vickers-0774b146/

Facebook: @DerekVickers

Instragram: @derekvickers885

X (formerly Twitter): @derekvickers885

Podcast: The MHP Show

https://vicktoryrealestategroup.com/

Mobile Home Park Investment Master Class

MHP Investment eBook Guide

Shut Up and Listen! Hard Business Truths that WIll Help You Succeed by Tilman Fertitta

------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Podcast Management by Kelly Carlson Creative Services

Episode 7 with Jamie Goldenberg

“That was kind of where this mastery kind of word came to me was like, you know what? I want to really focus on the process. The results like are important. But it's not like- I know the process is the most important part and that will drive results. So, like how can I master this process of land investing and all the components to it.”

Join Glenn as he interviews Jamie Goldenberg, a land investor currently residing in Charlotte, North Carolina. Jamie graduated with a degree in Finance from the University of Kansas. After working briefly in financial services, Jamie was recruited to a small startup company and while in that position he started experimenting with real estate. He found his success by investing in land and became financially independent this past year at the age of 31.

Glenn and Jamie discuss:

·         Investing in land

·         Land flipping

·         Note portfolios

·         Investment buyers versus recreational buyers

·         The benefits of owner financing

·         Having structure and processes as an entrepreneur

·         Capital Partnerships

·         Time and priorities

·         Benefits of hiring a coach and being a coach

Episode Links:

LinkedIn: @thelandguy

X (formerly Twitter): @The_Land_Guy
Facebook: @Turnprop

https://www.linkedin.com/company/turn-prop-llc/

The Land Investing Club

https://www.cash-for-land.com/

------------------------
 THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney
 
Podcast Management by Kelly Carlson Creative Services

Episode 6 with Tom Brickman 

“I technically hit [financial independence] at 37 but stayed working at my job till 39 out of self-doubt, and I hit financial independence by buying real estate. I focused on the ugly stuff that everyone else ignored.”

Join Glenn as he interviews Tom Brickman, a real estate entrepreneur based in Dallas, Texas. Tom started his career in movie theatre management and retired at the age of 39 after building his real estate portfolio. In his retirement, Tom has founded The Frugal Gay, a company where he provides resources and coaching on real estate investments.

Glenn and Tom discuss:

·        House hacking

·        Benefits of purchasing the “ugly” properties

·        Challenges of being a landlord

·        Getting your foot in the door when you have little cash flow

·        Loans with local credit unions vs. larger banks

·        Buying when interest rates are high

·        Tom’s podcast and newsletter

Episode Links:
LinkedIn: @tom-brickman-1861b5124/

Instagram: @thefrugalgay11

Facebook: @Thefrugalgay111
X (formerly Twitter): @Thefrugalgay11
Podcast: https://podcast.housemoneymedia.com/
Website: https://thefrugalgay.com/

https://linktr.ee/thefrugalgay11

------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Podcast Management by Kelly Carlson Creative Services

Episode 5

"I got into this business for non-monetary purposes, right? I wanted to spend more time with family and ministry work. Just do what I want, when I want, with who I want. So that's always the forefront of my mind and making sure I have a good work-life balance.... I love real estate, I love doing what I do. But it doesn't define who I am."

Join Glenn as he interviews Caleb Johnson, an entrepreneur who acquired 124 rentals before the age of 26. Caleb is the founder of Red Sea Capital Group, a company that guides residential real estate investors through investing in apartments to build their portfolios and passive income. Caleb started in business right out of high school and began learning about real estate investment by the age of 19. After three years investing in residential real estate, Caleb started surrounding himself with apartment investors and found a new path in his real estate journey.

Glenn and Caleb discuss:

•        House hacking

•        Networking with investors

•        Cash flow investments

•        Supply and demand in the multifamily market

•        Floating interest rates and how they are affecting real estate operators

•        How rent projections are estimated

Episode Links:
LinkedIn: https://www.linkedin.com/in/caleb-johnson-7b7300205/
YouTube: https://www.youtube.com/@fromtrialtotriumph
Podcast: From Trial to Triumph

https://redseacapitalgroup.com/

------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Podcast Management by Kelly Carlson Creative Services

Episode 4 with Ben Wann

“What was really obvious to me was that there is strategy, but then you need the execution. Right? Things have to happen or else it's kind of a fantasy. Truly understanding strategy, not just like the corporate buzzword types and execution is incredibly powerful.”

Join Glenn as he interviews Ben Wann and learn how he moved from the corporate finance space to creating courses, publishing books, and most recently, to founding his own company, CFO Consultants LLC, that helps businesses with financial strategy, and more importantly, execution.

Ben has a MBA from West Chester University of Pennsylvania, as well as a BS in Accounting & Finance from Rutgers. During his time in the corporate world, he earned every credential possible in accounting. After 10 years and reaching the title of Director of FP&A and Cost Accounting, he realized that the corporate world isn't all it is cracked up to be and decided to use what he had learned about strategy and execution to help others succeed with their businesses.

Ben talks about how he scaled his writing business and websites while still working in the corporate sector. He discusses why strategy and execution are so important, and how he helps businesses improve their processes and efficiency. Listen as Glenn and Ben discuss a different avenue for income - buying businesses - and why buying accounting firms could be a great opportunity for young professionals.

Episode Links:
X (formerly Twitter):@BenWann_CMA
LinkedIn: https://www.linkedin.com/in/ben-wann/
Email: [email protected]

https://accountingprofessor.org/
https://www.cfoconsultants.net/
https://beagle-run-publishing.mailchimpsites.com/
https://www.udemy.com/user/the-numbers-guys/

Books by Ben Wann
------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney

Episode 3 with Jeremy Taggart
"When you're just starting out, I think that gaining knowledge and skills is almost more important than money... Make the focus at the beginning gaining these valuable skills, skill sets, and knowledge that are going to make you tons of money over the course of the rest of your life."

Join Glenn as he interviews Jeremy Taggart and learn how this real estate agent and investor has used house hacking to find financial freedom.

Jeremy graduated from Robert Morris University with degrees in Actuarial Science and Financial Mathematics. He spent his last semester working full-time and was able to qualify for a mortgage and begin his house hacking journey before he had even graduated. 

While spending time in the corporate world as a claims associate and a financial analyst, Jeremy was able to get his real estate license and quickly realized he could make more money working in real estate. After getting fired from his 9-to-5 job, he was able to put all his energy into building his real estate business and his portfolio. Having just turned 30, Jeremy spent his 20s house hacking moving from house to house and recently closed on his 7th house hack. Learn how house hacking has helped Jeremy to thrive as a real estate agent and act in the best interest of his clients.

Jeremy Taggart is currently a successful real estate agent and investor working in Pittsburgh, Pennsylvania as the team lead at Deacon Hoover Real Estate Advisors.

Episode Links:
Instagram: @jeremy_taggart
X (formerly Twitter):@ jeremy_taggart
Website: https://jeremytaggart.com/
LinkedIn: https://www.linkedin.com/in/jeremy-taggart-080772105/
Email: [email protected]

Rich Dad Poor Dad by Robert T. Kiyosaki

https://www.youtube.com/@AlexHormozi

------------------------
THE MILLIONAIRE JOURNEY

www.themillionairejourney.net

https://www.verticalequityproperties.com/
X (formerly Twitter): @glennyaney