🚀💼 How to Buy Commercial Real Estate with No or Low Amounts of Money with Eric Lindsey (Part: 3).

This episode is about: 🚀💼 Discovering various strategies and techniques to invest in commercial real estate with little to no initial capital. Eric Lindsey shares actionable insights, practical tips, and real-life examples to help aspiring real estate investors get started without substantial upfront funds. Learn about creative financing options, leveraging partnerships, and other innovative methods to make commercial real estate investment accessible to everyone. 🏢🤝

Key Points:

💡🏠 Understanding Creative Financing: Dive into creative financing methods to acquire commercial real estate without huge initial investments. 💡🏠

🤝💼 Leveraging Partnerships: Learn how to form partnerships where you bring value through time and effort, while others contribute financially. 🤝💼

🌟🏢 Real-Life Success Stories: Hear inspiring stories of individuals who entered multi-million dollar deals with minimal cash by identifying great opportunities. 🌟🏢

📊🔍 Practical Tips and Tricks: Gain practical tips to locate and evaluate lucrative real estate deals, ensuring you're making smart investments. 📊🔍

Getting Started:

📚💵 Visit ericlindseyml.com to download free PDFs on wholesaling real estate, wholesaling mobile homes, and making $100,000 annually from a side hustle. 📚💵

🎧✨ Tune in to learn more about real estate syndications and how to invest with little to no money! 🎧✨ #RealEstateSyndication #OPM #Investing #SideHustle

Website

Click On The Link Below To Schedule A Call With Eric

Click On The Link Below For More Information About Eric Lindsey

Ever wondered how to juggle a full-time job and real estate investments? Meet Shawn Winslow, founder of Greenbrier Capital Group. He mastered balancing his demanding investment banking role in Boston with building a thriving real estate business. 🌟 If you want to invest in real estate while working a full-time job, Shawn’s story is the inspiration you need.

🔍 Shawn's Secrets to Success:

💼 Double Duty: Shawn excelled in both his investment banking job and real estate ventures. Learn how he managed a 9-to-5 job while acquiring and managing profitable multifamily properties.

⏰ Time Management: Discover Shawn’s disciplined time management tips that allowed him to prioritize tasks and make the most of every minute.

📈 Strategic Planning: From identifying opportunities to executing deals, Shawn’s strategic approach and leveraging his network were key to navigating complex transactions and enhancing property values.

🤝 Networking: Shawn emphasizes the power of building and maintaining relationships, mentorship, and partnerships in the real estate world.

📚 Real Estate Transaction Breakdown:

🏠 Finding the Deal: During routine check-ins with his property manager, Shawn discovered an 18-unit off-market property in New Hampshire.

💰 Funding the Dream: Partnering with others, Shawn raised around $800,000-$900,000 through syndication to secure the property, despite its deferred maintenance challenges.

🔧 Transforming the Property: With a solid plan, Shawn tackled renovations, repositioned the tenant base, and leveraged housing voucher programs for higher rental rates.

🎯 Executing the Exit: Shawn’s strategy focused on adding value and improving performance, aiming for a profitable exit and solid returns for investors.

💬 Tune In & Learn:

📅 Effective Time Management: Balance your day job with your real estate dreams by prioritizing tasks and managing time efficiently.

🗺️ Strategic Planning: Navigate complex transactions with confidence by leveraging your network and planning strategically.

🤝 Persistence & Networking: Build and maintain strong relationships within the industry, seek mentorship, and form partnerships to achieve success.

Join us to hear Shawn's full story and get inspired to take your real estate journey to the next level, even while working a full-time job! 🚀🏢🎧

#RealEstateInvesting #CareerSuccess #InvestmentBanking #FinancialFreedom #Networking #RealEstateJourney #Moonlighting #TimeManagement #SuccessStory

Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey

In this episode, Sarah Weaver shares her journey as an author, speaker, coach, and real estate investor. She discusses blending her love for travel with managing 19 units in four states while visiting 50 countries. Sarah provides valuable lessons on managing a diverse portfolio remotely and living a nomadic dream since January 2019.

📋 Real Estate Transaction Breakdown

🧭 Decision-Making

Sarah secured a duplex in Des Moines, Iowa, by leveraging her network.

💼 Acquisition and Management

Partner-funded down payment and remote property management using tools like Hospitable and Turno.

🔨 Management During the Investment

Using tools like Hospitable, Turno, and her virtual assistant, Sarah managed the property remotely, maintaining high occupancy and profitability.

💵 Exit Strategy

Quarterly evaluation of profitability and return on equity, considering lines of credit or cash-out refinancing.

🗝️ Key Takeaways from Sarah’s Experience in Real Estate Development

📅 Effective Time Management

Utilize disciplined time management to balance multiple responsibilities. Prioritize tasks and allocate time efficiently.

🗺️ Strategic Planning

Leverage your network and plan strategically to navigate complex transactions and enhance property values.

🤝 Persistence and Networking

Build and maintain strong industry relationships. Seek mentorship, partnerships, and networking opportunities for success.

🗝️ Coaching Segment Summary

Advice for New Investors:

Question: What should every new real estate investor know before investing?

Answer: Sarah emphasizes the importance of analyzing deals independently. Trusting others can be risky, so invest in education to confidently assess deals.

Question: What advice would you give to someone balancing a full-time job and real estate investments?

Answer: Sarah advises finding a balance between work and life. Work smart, be present, and prioritize tasks to achieve long-term goals.

Question: How can someone with a full-time job start a real estate business and scale?

Answer: Dedicate consistent, small efforts daily to build relationships and analyze deals. House hacking is a practical entry point with low initial costs.

Question: If a person had very little cash and experience, what would you recommend they do to start?

Answer: Sarah recommends house hacking. Her first properties were bought with low down payments and quickly recouped their costs. Living in a property while renting out rooms minimizes expenses and builds equity and experience.

Question: What is the greatest coaching advice you could give about knowing your numbers?

Answer: Sarah suggests hiring someone to help if numbers aren’t your strength. Investing in assistance for understanding your financials is worth it. Knowing your numbers is crucial for effectively managing and auditing your investments.

By applying these takeaways—managing time effectively, leveraging strategic planning, and persistently networking—aspiring real estate investors can navigate the industry's challenges and achieve similar success.

#RealEstateInvesting #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess #Warriors

Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey

Step into the world of real estate syndications and discover how you can start investing with low or no money. Learn how to leverage Other People's Money (OPM) to build your real estate portfolio. 🏘️💼

Key Points:

• Understanding Syndications: Syndications involve pooling resources from multiple investors to purchase real estate assets too expensive for an individual to buy alone. 🏢🔑

• Roles in Syndications: There are two main parties in a syndication—General Partners (GPs) who manage the deal and raise funds, and Limited Partners (LPs) who contribute financially with limited involvement. 🤝💼

• Benefits of Syndications: Syndications allow individuals with limited capital to participate in large real estate deals, making high-value investments accessible. 📈🏠

• Getting Started: Visit ericlindseyml.com to download free PDFs on wholesaling real estate, wholesaling mobile homes, and making $100,000 annually from a side hustle. 📚💵

Tune in to learn more about real estate syndications and how to invest with little to no money! 🎧✨

#RealEstateSyndication #OPM #Investing #SideHustle

Step into the world of real estate syndications and discover how you can start investing with low or no money. Learn how to leverage Other People's Money (OPM) to build your real estate portfolio. 🏘️💼

Key Points:

• Understanding Syndications: Syndications involve pooling resources from multiple investors to purchase real estate assets too expensive for an individual to buy alone. 🏢🔑
• Roles in Syndications: There are two main parties in a syndication—General Partners (GPs) who manage the deal and raise funds, and Limited Partners (LPs) who contribute financially with limited involvement. 🤝💼
• Benefits of Syndications: Syndications allow individuals with limited capital to participate in large real estate deals, making high-value investments accessible. 📈🏠
• Getting Started: Visit ericlindseyml.com to download free PDFs on wholesaling real estate, wholesaling mobile homes, and making $100,000 annually from a side hustle. 📚💵

Tune in to learn more about real estate syndications and how to invest with little to no money! 🎧✨ #RealEstateSyndication #OPM #Investing #SideHustle

👉 Listen to the episode 🎙️
👉 Visit my website 🌐
👉 Schedule a Call with Me 📞
👉 More About Me 🌐

In this episode, John Todderud shares his experience balancing his responsibilities as an IT professional with his real estate investment business. He delves into how he managed his time effectively, leveraging strategic planning and strong networking skills to succeed in both areas. John’s insights provide valuable lessons for anyone looking to juggle two major endeavors.

Balancing IT and Real Estate: John Todderud’s Success Story

John Todderud shares his journey of balancing an IT career with real estate investments, emphasizing strategic planning and networking.

🔑 Key Takeaways:

📅 Effective Time Management:
John balances his IT job and real estate investments by prioritizing tasks and managing time efficiently.

🗺️ Strategic Planning:
He uses his network to navigate transactions and enhance property values, managing investments from acquisition to sale.

🤝 Persistence and Networking:
John highlights the importance of mentorship, partnerships, and networking in real estate success.

📋 Real Estate Transaction Breakdown:

🧭 Decision-Making:
John identified an undervalued property, analyzed market trends, and conducted thorough due diligence.

💼 Acquisition:
He secured financing through syndication, negotiated favorable terms, and structured a competitive mortgage.

🔨 Management:
John focused on smart renovations and hired professional management, maintaining high occupancy rates and tenant satisfaction.

💵 Exit Strategy:
John aimed for property appreciation through effective management and renovations, ultimately selling at a substantial profit.

🗝️ Key Lessons:

📅 Time Management:
Balance responsibilities through disciplined time management.

🗺️ Strategic Planning:
Use your network and plan strategically to navigate and enhance property values.

🤝 Networking:
Build and maintain strong industry relationships for mentorship and partnerships.

Coaching Segment Summary:

1. New Investors: Real estate is a long-term game. Focus on learning and building relationships.
2. Syndication: Building knowledge and networking can take over a year to secure the first deal.
3. Work-Life Balance: Work smart, be present, and prioritize tasks for a healthy balance.
4. Starting with No Cash: Leverage time and expertise to add value to partnerships.
5. Passive Investment Benefits: Enjoy tax benefits, steady income, and high-quality deals without management hassles.

By managing time, planning strategically, and networking persistently, aspiring real estate investors can achieve success.

#RealEstateInvesting #Moonlighting #FinancialFreedom #ProfessionalGrowth #RealEstateSuccess #Warriors

How To Wholesale Real Estate: Plan for 3-24 Months Before Closing Your First Wholesale Transaction with Eric Lindsey Part 3

Episode Summary: This episode explores the importance of earnest money deposits in real estate wholesaling 🏡. Eric discusses how these deposits indicate buyer commitment and the need for careful deal evaluation and conservative estimates.

Balancing Full-Time Job and Side Hustle:

Time Management: Prioritize and set clear goals ⏰.
Strategic Planning: Break down projects into manageable tasks 📝.

Conservative Approach: Prepare for delays and challenges 🚧.
Four Steps of Wholesaling:

Earnest Money Deposit: Shows commitment 💵.
Deal Evaluation: Use the 70% rule 🏠.
Closing: Legal and administrative steps 📜.
Reselling: Find and Use Cash Buyers 📈.

Coaching Insights:
Earnest money deposits vary and show commitment 💼.
Evaluate properties using the 70% rule 🏡.
Expect deals to take 90-180 days before closing your first property 📆.
It could take 12-24 months to close on your first wholesale transaction, so patience is key 🕰️.
Explore strategies like hoteling and OPM 🔍.
Key Takeaways from Eric’s Experience in Real Estate Wholesaling and How You Can Use Them:

Commitment: Earnest money deposits are crucial 📉.
Evaluation: Proper deal evaluation is key 🔨.
Patience: Be prepared for delays; it may take 90-180 days or even 12-24 months to close your first wholesale transaction 🕰️.
Strategies: Understand various wholesaling methods 📊.
Negotiation: Always aim to get the property as cheap as possible 💰.

Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey

Balancing Life and Investing and Retiring Early Using Real Estate with John Todderud
In this episode, John Todderud shares his experience balancing his responsibilities as an IT professional with his real estate investment business. He delves into how he managed his time effectively, leveraging strategic planning and strong networking skills to succeed in both areas. John’s insights provide valuable lessons for anyone looking to juggle two major endeavors.

🔑 Key Takeaways:
📅 Effective Time Management: John balances his IT commitments with real estate investments through disciplined time management. He prioritizes tasks and allocates time efficiently to handle multiple responsibilities.
🗺️ Strategic Planning: He leverages his network to navigate complex transactions and enhance property values. Strategic planning helps him manage various aspects of investments from acquisition to selling.
🤝 Persistence and Networking: Building and maintaining relationships is crucial in real estate. John emphasizes the value of mentorship, partnerships, and networking to achieve success.

📋 Real Estate Transaction Breakdown from Our Discussion: Take Notes

🧭 Decision-Making Process: John identified a multifamily property in an emerging market with high rent growth potential. He conducted thorough research and leveraged broker relationships to find undervalued properties in need of renovation.
💼 Acquisition and Initial Management: After finding a promising property, John conducted a comprehensive financial analysis, including reviewing T12 statements, rent rolls, and maintenance records. He secured financing through a combination of savings, bank loans, and investor capital.
🔨 Management During the Investment: John executed a well-planned renovation strategy, coordinating with contractors to complete updates on time and within budget. He maintained open communication with his property management team to manage tenant relations and minimize vacancies.
💵 Exit Strategy: John maximized the property's value and timed the sale to coincide with peak market demand. He ensured all renovations were completed and marketed the property through his broker network, attracting competitive offers and selling at a significant markup.

🗝️ Key Takeaways from John’s Experience in Real Estate Development and How You Can Use Them:

📅 Effective Time Management: Utilize disciplined time management to balance multiple responsibilities effectively. Prioritize tasks and allocate time efficiently.
🗺️ Strategic Planning: Leverage your network and plan strategically to navigate complex transactions and enhance property values.
🤝 Persistence and Networking: Build and maintain strong relationships within the industry. Seek mentorship, partnerships, and networking opportunities to open doors to success.

Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey

🎧 Introduction: Eric Lindsey shares how he manages a successful wholesaling business while working full-time. By dedicating just one to two hours a day and focusing on strategic planning, he achieves significant results. 💼🕒

Segment 1: Balancing Job Commitments with a Side Hustle

• Started with single-family homes, now focuses on mobile homes for less competition. 🏠➡️🏘️
• Wholesaling can be done anywhere with a phone, internet, and computer. 🌍📱💻
• Success story: Made $125,000 with just five hours of work. 💰🏡

Segment 2: Steps to Get Started in Wholesaling

1. Find Properties: Use direct mail, Zillow, and realtor partnerships. 📬📑🏢
2. Analyze Deals: Check property condition, market, and financials. 🔍🏚️📊
3. Make Offers: Negotiate attractive deals for profit. 🤝💬💵
4. Close the Deal: Build a buyer network and ensure smooth transactions. 📇🔒🏠

Segment 3: Key Insights

• Time Management: One to two hours a day can lead to success. 🕒🗓️✅
• Start Small: Use free resources and partner with realtors. 📚💡🌐
• Stay Ethical: Be transparent and fair. ⚖️🤝🔍
• Build a Network: Use social media and forums to find buyers. 📲👥📈
• Legal Awareness: Consult with an attorney and follow local laws. 📜⚖️🏢

📝 Conclusion: Eric invites listeners to visit his website for free resources on wholesaling and steps to make $100,000 a year from a side hustle. 🚀🏡📈

Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey

In this episode, Christopher shares his experience balancing his responsibilities as a college student at Vanderbilt with his real estate investment business. He delves into how he managed his time effectively, leveraging strategic planning and strong networking skills to succeed in both areas. Christopher’s insights provide valuable lessons for anyone looking to juggle two major endeavors.

🔑 Key Takeaways:
📅 Effective Time Management: Christopher balances his college commitments with real estate investments through disciplined time management. He prioritizes tasks and allocates time efficiently to handle multiple responsibilities.
🗺️ Strategic Planning: He leverages his network to navigate complex transactions and enhance property values. Strategic planning helps him manage various aspects of investments from acquisition to selling.
🤝 Persistence and Networking: Building and maintaining relationships is crucial in real estate. Christopher emphasizes the value of mentorship, partnerships, and networking to achieve success.
📋 Real Estate Transaction Breakdown from Our Discussion: Take Notes
🧭 Decision-Making Process: Christopher identified an 11-acre agricultural site in Indianapolis with potential for multifamily development. He put the site under contract contingent on rezoning approval, showing foresight and strategic thinking.
💼 Acquisition and Initial Management: Partnering with others, Christopher secured financing through a private money lender by pledging collateral. This creative strategy allowed them to acquire the property without upfront costs.
🔨 Management During the Investment: He successfully navigated the rezoning process, engaging with community members and handling delays. His persistence paid off, significantly increasing the property's value.
💵 Exit Strategy: After increasing the property’s value through rezoning, Christopher and his partners aimed to sell the property to a developer for multifamily construction. This value creation approach leveraged their initial investment for substantial returns.
🗝️ Key Takeaways from Christopher’s Experience in Real Estate Development and How You Can Use Them:
📅 Effective Time Management: Utilize disciplined time management to balance multiple responsibilities effectively. Prioritize tasks and allocate time efficiently.
🗺️ Strategic Planning: Leverage your network and plan strategically to navigate complex transactions and enhance property values.
🤝 Persistence and Networking: Build and maintain strong relationships within the industry. Seek mentorship, partnerships, and networking opportunities to open doors to success.

Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey