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Episodes
Tuesday Jun 14, 2022
Tuesday Jun 14, 2022
Business in its infancy is never easy, especially when you don't have a good amount of capital.
But you can always overcome those struggles like our guest today who bought his first property with no money, only armed with a financing strategy.
Eric Martel is an Entrepreneur, Author, Public Speaker, Real Estate Investor, and Founder of MartelTurnkey.
In this episode, Eric shares how he started and got interested in investing in real estate by learning from someone he considers his mentor and by buying his first property without shelling cash. Later, he delves into turnkey rentals turning this business into a family legacy.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Find out financing strategies for your deals even with no capital funds.
Hear about how to create a legacy business for your family.
Learn about an investment strategy with reduced risks from the investors' perspective.
Resources/Links:
Get Eric Martel's book 'Stop Trading Your Time for Money. Click here: https://marteleric.com/book/
Topics Covered:
00:48 - Eric sharing his real estate journey
01:22 - What is Actuarial Mathematics?
01:59 - Finding mentors and starting real estate investing from there
03:15 - Financing strategies you can do
04:17 - The issues surrounding vendor take backs
06:08 - Taking control over your own money
06:59 - Getting started in out-of-state rentals
09:15 - How the Martel Turnkey started
11:27 - Markets for his turnkey rentals and the selling price
12:28 - Monthly net cash flows for these turnkey rentals
13:39 - Why is he focusing on selling turnkey rentals rather than holding them off for the long-term?
Key Takeaways:
"There are all kinds of different ways to bring money into the equation through a joint venture through all kinds of different things." - Eric Martel
"I'm in a unique position that most people are not. I have two adult children, and they are in the business with me. I have my legacy and my kids are going to take this over. So, they're building something bigger." - Eric Martel
Connect with Eric Martel:
Website: https://marteleric.com/
Facebook: https://www.facebook.com/eric.martel.ca
Twitter: https://twitter.com/e_martel
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Friday Jun 10, 2022
Friday Jun 10, 2022
Fear is the one thing that's keeping most of us from getting started. And part of that reason is one's idea of perfecting everything before starting. And that is not helping and getting us anywhere.
The same thing with real estate; it is only with taking action, even how imperfect they are, that we move along and get things to happen.
Frans Calderon came from Colombia, South America in 2008 with the intention to learn to invest in real estate. He purchased his first property in 2009 and since then his real estate business has been growing. Now he owns more than 50 rental properties, and works in multifamily and development deals.
In this episode, Frans shares how he overcame fears to start a real estate investing business as he relates his own story of not knowing anything much about real estate when he started. He underscored the idea of seeking help and stuffing himself with knowledge through mentors and by securing an education on related matters. And that is how he managed to stay afloat and become successful in a completely new place in real estate.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 21 minutes from today's episode:
Learn how to sell your property and profit fully from it without paying capital gains taxes
Find out how you can buy properties even when you are new in the country and have no credit rating to back you up
Discover how a complete newbie learn the ropes of real estate and profit from his first property investment three times more
Resources/Links:
Website: https://www.rockrei.com/
Topics Covered:
01:43 - What influenced his entry into real estate
03:54 - Taking massive actions and buying his first property in the US
05:52 - How he bought a property in the US even with no credit rating to back him up
10:37 - How he sold his first property without paying capital gains tax and using it to buy
one property after another
11:59 - How his salary as police officer back in Columbia pales in comparison to what he's earning in real estate
13:11 - The struggle of most people in not pursuing real estate and what makes immigrants dare to jump in where many don't do
16:31 - His mindset about taking actions especially where real estate is concerned
18:09 - What mistakes are teaching us
Key Takeaways:
"I think what is stopping most of the people is the fear. They have false beliefs that create the fear that this is not possible." - Frans Calderon
"One reason [why immigrants overcome fear of getting into real estate] is because many times we have to overcome many fears to come to another country." - Frans Calderon
"Take massive, imperfect actions." - Frans Calderon
"You need to learn to be a rhinoceros; you just need to be charging with all the power because if you try to have everything perfect and under control, you will never do anything." - Frans Calderon
Connect with Frans Calderon:
Website: https://www.rockrei.com/
YouTube: https://youtube.com/channel/UC7lRuy_qPOQN3XWlsgIHheASpanish:https://youtube.com/channel/UCTaz3c4SLlruYGm4FXYFWqg
Facebook: https://www.facebook.com/100009078807903
Facebook: https://www.facebook.com/TheCharlestonREIA
Facebook: https://www.facebook.com/groups/10xREI/
Instagram: https://www.instagram.com/franscalderonrockrei/
Instagram: https://www.instagram.com/thecharlestonreia/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Tuesday Jun 07, 2022
Tuesday Jun 07, 2022
With the world slowly opening up and businesses wanting to bounce back from the hard effects of COVID-19, it's worth putting your money that allows a lucrative return.
That’s why it is a good idea to invest in a property portfolio that provides short-term rental income and has a broad market exposure which presents a winning angle in both short and long-term perspective.
Taylor Welch is the CEO of Traffic and Funnels, author of 3 best-selling books, international speaker, entrepreneur & creator of the #1 rated sales training program with thousands of clients trained globally (The Sales Mentor). Taylor has advised & serviced nearly 50,000 individual businesses worldwide and took his real estate investment company, Wealth Cap Holdings, from 0 to 8 figures in lightning speed. All three in-house brands produced multiple eight figures in less than 5 years.
In this episode, Taylor shares the market craze going around these days. He considers it a good investment portfolio to get into now because of the cash flow from the short-term rentals that you can benefit from and the promising multiple exit strategies available as your recourse.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 18 minutes from today's episode:
Learn about an asset class that is the market craze now and will stay for a significant time
Find out an investment strategy that provides multiple exit strategies, so you get supplied with lucrative options
Know how to scale faster in your real estate business without sacrificing quality and cutting corners
Resources/Links:
Check out Taylor's menu of different projects: http://taylorawelch.com/links
Topics Covered:
01:06 - How Taylor got thrown into the real estate space
03:30 - The two main trends these days that give rise to the short-term rental community
05:14 - Promising markets for short-term rentals
06:14 - Choosing to build short-term rentals in the secondary and tertiary markets.
10:07 - Sharing his experience handling turnkey properties
13:34 - How to scale faster without cutting corners
16:28 - Where to find Taylor and what he's up to these days
Key Takeaways:
"Right now, in the US, it's like you have to go to the secondary, tertiary markets, to find markets that cater to healthy job growth and population growth at the same time. It's the secondary and tertiary markets that aren't necessarily as prime. But they cater to a wide exposure of different people." - Taylor Welch
"I am always looking at shortcuts, not in actually cutting corners. But what areas could I do this faster without sacrificing quality, without increasing my risk exposure? I would recommend finding ways to accommodate partnerships." - Taylor Welch
"Partnership allows you to appear bigger than you are, and take advantage of it. Don't go solo for the rest of your life." - Taylor Welch
Connect with Taylor Welch:
Website: http://taylorawelch.com/
Twitter: https://twitter.com/taylorawelch
YouTube: http://www.youtube.com/c/taylorawelch
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Friday Jun 03, 2022
Friday Jun 03, 2022
Why hand over your hard-earned money to someone else to grow it when you can do it yourself and control how much you want to increase it?
That's precisely what this episode is about, investing in real estate, particularly buying single-family homes and making things work amidst the rising market situation.
Rick Harris is an investment real estate author, coach, and consultant who helps investment real estate investors to boost their real estate purchasing and renting ability.
Drawing on twenty years of investment real estate experience, Rick reveals the strong financial foundation, sustainable wealth, and living legacy that investment real estate can bring to our lives. In his debut book, 31 Days to Purchasing and Renting Your First Investment Real Estate Property, Rick demystifies the real estate purchasing process and expertly guides readers through the steps to starting their own investment real business: identifying the right type of property to purchase, putting the deal together, obtaining financing, setting up a proven cash flow and marketing system, and much more.
In this episode, Rick shares how you can grow your retirement fund faster, choose your lifestyle, and even pay your mortgage quicker by investing in single-family homes.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Find the magic in buying and investing in single-family homes and make things work despite the increasing market price
Hear about the portfolio you need to have and get started with to prepare you for retirement
Know about the tips to help you bail out your mortgage faster and quicker
Resources/Links:
Get your FREE Business Plan Startup Checklist and get a copy of the book: 31 Days to Purchasing and Renting Your First Investment Real Estate Property by Rick Harris. Click here: https://www.vaulttoinvestmentrealestatesuccess.com/
Topics Covered:
00:56 - How Rick started a side hustle in real estate
02:32 - What investing strategy did he first focus on when he started investing in real estate?
04:40 - Making things work by buying single-family homes amidst rising market price
08:27 - Uber rising your investment
09:28 - What he would have done differently early on when he first invested in real estate
11:37 - A good portfolio of properties that will hugely set up your retirement fund and a lifestyle you want
Key Takeaways:
"I had all the bells and whistles, a defined benefit pension, RSPs, OAS, CPP, outside investments, but I really had just turned the money over to other people I didn't have any control. And I was looking for that one specific thing that I could actually do that I felt I had some control over. And investment real estate, when I did my research fit that bill." - Rick Harris
"What would I do differently if I was to start over again? First of all, I wouldn't buy the white picket fence; I would buy a duplex or a bungalow. And the other thing I do is I would go and get a part-time job, even if it was three hours a week, and put that money down towards the principal." - Rick Harris
"Don't give up your day job, don't give up your career; you have to have a comfort level. And I'm also not suggesting having all your eggs in one basket. I didn't grow up with that philosophy, I think you should be diverse." - Rick Harris
Connect with Rick Harris:
Website: http://www.vaulttoinvestmentrealestatesuccess.com
LinkedIn: http://www.linkedin.com/in/wrickharris
Facebook: https://www.facebook.com/vaulttoinvestmentrealestatesuccess/posts/
Twitter: https://twitter.com/vaulttosuccess/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Tuesday May 31, 2022
Tuesday May 31, 2022
Fernando Aires is a Financial Independence coach helping clients reach their ‘Financial Independence Day’™. He achieved his own financial independence through real estate income investing after retiring from Corporate America, designing computer chips in the tech industry for over25 years, most recently as a Senior Manager at Apple. Fernando is a biohacker, certified BulletProof®coach with the Human Potential Institute at BulletproofExec.com.
In this episode, Fernando shares how he managed to earn his day income by dabbling in real estate for two years. With the time and financial freedom that he got, along came his entry into the biohacking space and how it enormously benefited him health-wise.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Learn how to replace your day income in a short period of time
Find out a lifestyle that makes you stay healthy, making you feel young and energetic to last a long time
Find out the biggest bio-hack that saves you money but makes you young biologically
Resources:
Website: https://fernandoaires.com/
Topics Covered:
01:36 - Transitioning to real estate from a very high-paying job and replacing his day income in just two years
04:01 - What his investment portfolio consists of
05:32 - Concentrating on the philosophy of dying young and living a long time
06:32 - The turning point leading to the biohacking space
09:16 - What is Biohacking all about?
12:35 - The biggest bio-hack of all and the huge benefits you can reap from that
14:41 - What Fernando's diet looks like
17:52 - The reason he sticks to a healthy lifestyle and how he overcomes doing things otherwise
21:50 - Netflix health documentaries that are worth watching for
Key Takeaways:
"I started to replace the income that I had at Apple with rental income from real estate. I pretty much had to replace about half of my gross income that I had at Apple." - Fernando Aires
"I incorrectly thought that I could be healthy and eat whatever I wanted and just survive with so much exercise. And you can never do that; you can never get healthy by not eating correctly." - Fernando Aires
"Fasting is the biggest bio-hack of all. It's a cleansing. No wonder all religions or cults in the world have some fasting period. It's truly both a mental and spiritual but also a physical cleansing that happens." - Fernando Aires
"You need to have the discipline that has proven that I am many years younger biologically than I am chronologically. All of that proves that it works, and I feel great and still play soccer at a high level. I travel, and I am constantly being told that I don't look my age. It kind of itself propels you into staying in that mode." - Fernando Aires
Connect with Fernando Aires:
Website: https://fernandoaires.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Friday May 27, 2022
Friday May 27, 2022
Sarah Sullivan is the founder and owner of SuGo Capital, an investment company that connects investors to a strong passive income via real estate. SuGo Capital consistently offers hands-off investment opportunities for accredited and non-accredited investors. Sarah's passion in life is sharing her knowledge around real estate! SuGoCapital currently has 1800 units and over $180MM worth of assets under management.
In this episode, Sarah shares what helped her grow her real estate business faster and accelerated her portfolio exponentially. She touched on her style of marketing, the kind that educates and lets people see you as the expert in your field, giving them the reason to know, like, and trust you.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Find out the two key things that made it possible from nothing to an enormous portfolio size in a short period
Learn how you can enjoy not only time freedom but financial freedom all at once
Discover a marketing strategy that positions you as knowledgeable in your space even with less experience and earns people's trust and confidence
Resources:
Website: https://sarahs360.com/
Topics Covered:
01:14 - From having a great job to an impressive portfolio in a short timeframe
04:24 - How long it took her to acquire financial independence
05:25 - Making it possible to scale faster
06:01 - Her idea of marketing that works much to her advantage
06:46 - Being intentional in every marketing event she does
10:18 - Simplifying your language when educating people
11:31 - How to make sure you're not breaking laws when it comes to raising capital for your deals
13:11 - Taking a look at her CRM process
13:53 - What her online lead generation events look like
15:24 - One best thing you can do to grow so much faster in real estate
Key Takeaways:
"You can learn all the strategies you want. But if you don't have investors, and you don't have leads, you don't have clients, then you don't have a business. I had a great investment product, but I didn't have people. So, I hired a marketing coach. And then everything blew up." - Sarah Sullivan
"Educate, educate, educate. Let people know how much you know. And so, even though you may not have a ton of experience in everything, there's something that you know a lot about. And then they're going to realize how smart you are in that area. And then that grows trust and competence." - Sarah Sullivan
"Be intentional with each event. Is the purpose to build trust, is the purpose to educate? And you want to make sure that in your series, you're building trust and building education. And also, another really key thing is to educate while you're not asking them to invest." - Sarah Sullivan
"You don't want to be asking someone to make an emotional decision while they're learning at the same time." - Sarah Sullivan
"Partner earlier because two heads are better than one, like trying to do it on your own. I have a very specific set of skills and someone else has very complementary skills and what they like to do and are good at, so let's partner, and we'll do eight times as much together as I would do on my own." - Sarah Sullivan
Connect with Sarah Sullivan:
Website: https://sarahs360.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Tuesday May 24, 2022
Tuesday May 24, 2022
Casey Franchini is a real estate investor, rental property coach for newbies, wife, and mom to 3 small kids. She makes a full-time passive income from rental properties without full-time investing and teaches others how to do the same.
In this episode, Casey shares how you don't need to have hundreds of properties to earn a full-time income. She talks about what she believes and does regarding her multifamily rental properties, making and netting a good amount of cash flows every month.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Find out the number of properties that will give you the financial independence that you want
Discover a real estate philosophy and strategy that will give you a full-time income even when you're just a passive investor
Hear about her techniques when buying rental properties that give her a good amount of cash flow now and in the future
Resources:
Website: https://www.brickbybrickwealth.com/
Topics Covered:
01:06 - How those fun times seeing open houses led to real estate investing
02:21 - Finding her niche with flippers
02:52 - Uncovering a gold mine in rental properties when moving to Tennessee
04:13 - Sharing her philosophy and real estate strategy
06:38 - What she teaches and preaches about multifamily properties she invests in
07:25 - Not adding on but finding added value potential to the properties
10:22 - Her thoughts on the financial independence number
11:27 - Number of properties you need to gain a full-time income
12:30 - Goal in terms of when to buy properties
14:31 - Keeping specific percentages to equity and refinance on her properties
15:15 - Student success stories
16:25 - What does she think of hiring property managers?
17:56 - Setting up your team: the essential people you need to have and the red flags to watch out for
Key Takeaways:
"My strategy is to buy properties with your hard-earned money. Put your 20% down and buy in a very appreciating area with good cash flow now and good cash flow growth potential for the future and just let them be cash cows." - Casey Franchini
"I like to buy properties that once I do the hard work of buying them, fixing them up with quality repairs, materials, and putting a tenant in place. That's it; I'm done, and the property will appreciate, increasing my net worth, while I sleep." - Casey Franchini
"People don't realize that you only need a handful of properties to make a full-time income." - Casey Franchini
"A couple of skills to learn, you need to learn one, you just need to learn how to do it one time. You're not constantly relearning things all the time. And then you can go out and do it over and over again." - Casey Franchini
"Find an investor-friendly agent that works in the area you're looking in because you can need those potential off-market or pocket listings and the help with rental comps and things like that." - Casey Franchini
Connect with Casey Franchini:
Website: https://www.brickbybrickwealth.com/
Instagram: https://www.instagram.com/brickbybrickwealth/
Twitter: https://twitter.com/brickbybrwealth
YouTube: https://www.youtube.com/c/brickbybrickwealth
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Friday May 20, 2022
Friday May 20, 2022
With 25+ years of experience, Jason Palliser has perfected the front end of real estate investment. His 2 Day Investment Blueprint delivers 30+ direct responses off-market funnels to take over markets across America. The Blueprint has produced thousands of homes in 138+markets for hedge fund level companies. He sold a multi-million dollar real estate investment automation company that is still used today by some of the country's largest real estate education companies.
In this episode, Jason shares how any of his 34 off-market lead generation strategies get you faster to the best deals than everybody else, even against big competitors. Whether you have a big or small market size, his techniques work for both. And they also work well, even those with low budgets, part-time and newer investors.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode:
Learn multiple off-market lead generation strategies that will help you beat everybody else to the good deals
Discover one off-market lead generation tactic to close the best deals
Find out how you can compete with the biggest competitors in town even with low budget
Resources:
Website: https://www.2dayblueprint.com
Topics Covered:
01:13 - How his job paved the way for real estate investing
02:16 - Talking about his 2-day off-market blueprint strategy
03:03 - Off-market deals generation strategies
05:10 - Sharing one of his multiple lead generation techniques
10:45 - Low-budget off-market tactics that work for newbie and part-time investors
14:50 - What market size do these marketing approaches work for?
Key takeaways:
"What I found was that the harder I worked at finding different ways to get in front of sellers that had some level of motivation that was outside the norm, the bigger the equity on a property that we kept for cash flow, or the bigger the spread when we became a solution for a homeowner." - Jason Palliser
"18 of the 34 techniques we teach you are free, meaning we just need to teach you how we execute it. And it produces people raising their hand; you write a contract, close the deal, it doesn't impact your bank account." - Jason Palliser
"I would tell you that if you take just three or four or five of the things that we teach you, you can hit every income and acquisition benchmark you want. You don't need all 30 things; you cherry-pick and pick the ones you want." - Jason Palliser
"These techniques aren't human; they don't care about market size, saturation, no saturation, demographics. The techniques get the people, no matter if the city is big or small, that need help to raise their hands. You could deploy it anywhere." - Jason Palliser
Connect with Jason Palliser:
Website: https://www.2dayblueprint.com
Email: jason@goseejason.com
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Tuesday May 17, 2022
Tuesday May 17, 2022
Over the past 20 years, Darcy Marler has owned over 90 properties with 240' doors', worth over $44 million. At that time, he has actively invested in land development, new construction, condo conversions, long-term rentals, BRRRR, land parceling, and fix-and-flips. Darcy is also the author of 4 books on Real Estate Investing and an online course on Land Development.
In this episode, Darcy shares how with land development, you can have multiple micro strategies within it, make better refinancing deals, and cash flow better, giving opportunities for smaller investors.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn from today's episode:
Find out the multiple micro strategies you can dabble in within the land development space
Learn how to cash flow better with this investment strategy
Discover more favorable refinancing deals with land development
Resources:
Check out an online course for residential land development as a profitable investment https://www.hrrealestatementors.com/
Topics Covered:
01:00 - What makes him consider land development
03:12 - Multiple micro strategies within land development
05:04 - Various land development he dealt with
07:57 - What he meant with the analogy of getting into the lake up to your ankle
09:46 - Other lucrative opportunities with land development
12:24 - Success stories of land development deals
15:56 - Getting better refinancing deals with this micro strategy
16:35 - An online course for real estate land development for residential land development as a profitable investment
Key Takeaways:
"There are all these kinds of little micro strategies within the grand envelope of land development that I think many investors aren't aware that's actually possible. And they can actually do it on various timetables and various pocketbook sizes." - Darcy Marler
"If some of you are having trouble finding things to rent properties, there might be a way to actually cash flow better because we're severing this excess land and putting that against the mortgage solution strategy." - Darcy Marler
Connect with Darcy Marler:
Website: https://www.hrrealestatementors.com/
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
Friday May 13, 2022
Friday May 13, 2022
Derek Clifford is a successful single and multifamily real estate investor, adding 13 out-of-state units to his portfolio in his first year of acquisitions while working a full-time job. Today he is a multifamily investor controlling 200+ apartment units with over $20M AUM.
Sophie Lorn-Clifford is a licensed and practicing integrative medicine doctor with a virtual telehealth practice called LiveWhole Wellness. With her brain rooted in science and her heart and spirit in nature, she loves to help people figure out what obstacles prevent them from achieving their greatest health. She has lived in Buddhist monasteries and practiced meditation and martial arts since she was 14 and secretly wants to be a ninja.
In this episode, Clifford and Sophie share how to become a power couple in real estate, working together despite their differences. They also share tips on how they’ve managed to work as a team, still be their own person, and reach their goal of having freedom in time, location, and financial matters.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode:
Learn about the three dynamics that you need to keep in check all the time as a couple so you commit to your goals as business partners
Find out how to have an effective conversation between spouses that helps change perspectives and helps achieve the lifestyle you want
Discover how to create a vision together as a couple and team, so you start working with and not against each other
Resources:
Website: https://elevateequity.org/
Topics Covered:
02:08 - How they got to work in real estate as a couple
04:17 - A good foundation of their relationship as a married couple and business partners
07:23 - Make sure you’re on the same page with your spouse when it comes to real estate: what that looks like for them
11:35 - The importance of using the ‘We type’ of conversation
12:05 - How the ‘We type’ conversation impacted their lives
13:59 - Achieving the ‘We type’ conversation
15:20 - The so-called ‘magic bullet’ in their dynamic as a couple
17:37 - How being able to hold emotions and express things calmly helps hugely in keeping the relationship
Key Takeaways:
“Vision, the importance of where you want to be as a couple in the future, that helps drive a lot of the decision and activity-making. And it also helps you discover, again, with those three-person dynamics: you, your spouse, and togetherness, figure out what the future of that is.” - Derek Clifford
“For every ‘I’, there should be 99 ‘We’ in a discussion.” - Derek Clifford
“I would say that once you make this realization that you want to create a shared vision with your spouse, what I would do is I would start listening first, ask a question, and just listen to hear what it is that drives them.” - Derek Clifford
“Take a minute to pause and allow emotions to kind of settle.” - Sophie Clifford
“Just re-emphasizing and reassuring each other that we are a team.” - Sophie Clifford
Connect with Sophie and Derek Clifford:
Website: https://elevateequity.org/
Email [Derek]: derek@elevateequity.org
Email [Sophie]: Sophie@elevateequity.org
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau