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Posts by Daray Olaleye

BTM 55: How Friends and Family Can Fund Your Next Real Estate Deal with Jay Conner

Jay Conner has been buying and selling houses for 14 years and has been involved in over 52 Million dollars in transactions. In the past 7 years, Jay has completely automated his 7-Figure Income Business to where he works in his business less than 10 hours per week. He is a leading expert on Private Lending, once raising over $2M in less than 90 Days in private money while cut off from the banks. He is also a contributing author to the best-selling book Real Estate: Getting Deals Done In The New Economy.

 

On today’s episode, we talk with Jay about his journey into private lending for real estate investors. You’ll learn what exactly private lending is and how you can leverage this method in your own real estate investment deals. Jay talks about his transition from investing in mobile homes to single family homes. You’ll learn how Jay raised $2,150,000 in less than 90 Days with his simple system anyone can duplicate. Lastly, Jay shares the advantages of private money vs. other types of lending for real estate investors.

 

The advantages of using private money as a real estate investor:

  1. You make the rules (you set the interest rate, terms, etc.)
  2. There’s no limit to the number of private lenders you can do business with
  3. Not regulated by the commissioner of banks (not an institution, only individuals)
  4. Get multiple checks on every deal that you do
  5. Your credit score has nothing to do with how much private money you can get
  6. No need to worry about your verification of income (you can be broke and jobless and still get private money)
  7. Easier to do business with private lenders

 

Key Points From This Episode:

  • How Jay was introduced to the concept of private money
  • What is private lending and how can you use it for your real estate deals
  • The different ways you can attract private lenders
  • The “magic private money question” every real estate investor must know
  • How to better position yourself to raise more money
  • The advantages of using private money vs. other lending types
  • How to buy properties using creative financing for your deals without going through the bank

 

Links Mentioned in Today’s Episode

Jay’s Website: Jay Conner

Favorite Book: University of Success 

Favorite Lifestyle Design App: Simple Crew

 

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BTM 54: (Anniversary/Bonus) A Tribe Of Mentors with Trevor McGregor

Trevor McGregor has been a business and personal coach of Daray’s for quite some time. Today Trevor tells us his 6 steps every real estate investor must have in place to succeed. Trevor is a Master Platinum Coach having completed over 15,000 coaching hours, working with hundreds of clients from around the world to achieve success and fulfillment, including Fortune 500 executives, high level real estate investors, entrepreneurs,  world-class athletes and professionals.

 

Before launching his own coaching practice, Trevor was a Master Coach with the Anthony Robbins Group, offering elite coaching unlike any other program in the world. On today’s episode, we learn about what initially inspired Trevor to get into entrepreneurship. You’ll also learn about how he met someone at a local meet-up group that introduced him to the power of real estate investing. Trevor shares his coaching experience inside the Tony Robbins Group. He talks about how he knew he was ready to leave the Tony Robbins group and start pursuing his own goals and dreams. Trevor wraps up the interview speaking about the impact of having mentors has helped him achieve his goal of financial freedom.

 

The 6 Steps Every Real Estate Investor Must Do To Succeed

  1. Get rid of limiting beliefs
  2. Create a strategic plan
  3. Commit to being persistent and consistent towards your goals
  4. Set up tried and true systems in place
  5. Pay attention to how you spend your time
  6. The importance of accountability and course correction

 

Key Points From This Episode:

  • The 6 steps Trevor recommends every real estate investor must take to succeed
  • The story of how Trevor was introduced into the opportunity to work with Tony Robbins group
  • The importance of networking and investing in coaching during his entrepreneur journey
  • How to determine the #1 thing to help move your business forward
  • Breakdown of Trevor’s daily routine that keeps him focused and motivated

 

Links Mentioned in Today’s Episode

Book:  The ONE Thing by Gary Keller

Trevor’s Website: Trevor McGregor

Favorite Book: Think & Grow Rich

Favorite Lifestyle Design App: Headspace

 

Access The Best Strategies, Tips & Advice!

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community

 

BTM 53: Building a Rental Property Empire with Mark Ferguson

Mark Ferguson has  been flipping houses since 2001, he started buying rentals in 2010, and has been a real estate agent the entire time. Mark loves flipping houses for the income they produce, and rentals for the long-term cash flow they provide. Over the years Mark has flipped over 130 houses, bought 18 rentals, and sold thousands of houses as an agent.

 

On today’s episode, we learn how Mark had an entrepreneurial spirit from a young age to be his own boss. You’ll also learn about his observations of his friends and family feeling stuck in the corporate trap. He talks about how he initially didn’t want to get involved in real estate, but saw how it could provide him the freedom he was ultimately looking for. Mark shares why he made the transition from flipping homes into buying rental properties. He also talks about the #1 reason why most real estate agent never become investors.

 

Key Points From This Episode:

  • The story of Mark’s childhood watching his father’s fanstinating real estate career
  • How Mark brought a house at age 22 and found his niche in the real estate industry
  • The difference between being an real estate agent,  wholesaler and investor
  • Breakdown of what might be the best path for a new investor to start their real estate journey
  • What inspired Mark to start investing in rental properties
  • The numerous ways to make a living in real estate (agent, wholesale, flipping, rentals, etc.)
  • The #1 reason why most real estate agent never become investors

 

Links Mentioned in Today’s Episode

Mark’s Website: InvestFourMore

Favorite Book: Third Circle Theory by Pejman Ghadimi 

Favorite Lifestyle Design App: DocuSign 

 

Access The Best Strategies, Tips & Advice!

Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Sign up to join our community

 

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BTM 52: Turnkey Rentals and Done For You Investing with Marco Santarelli

Marco Santarelli purchased his first real estate investment at the age of 18. He successfully handled the entire rehab and property management of his first property without ever taking a course or reading a book on the subject. Marco is an investor, author, and founder of Norada Real Estate Investments — a national real estate investment firm offering turnkey investment property in growth markets nationwide.

On today’s show, we discussed how Marco got his start in real estate and what inspired him to start his company, Norada Real Estate Investments. You’ll also learn the importance of educating yourself on real estate, asking the right questions and taking action. Marco talks about why real estate is a great place to create and store long-term wealth. In the episode, you’ll learn what turnkey investing is and the pros and cons of active vs. passive real estate investing.

Key Points From This Episode:

  • Why you should never pursue an investment only for the money
  • Importance of investing in assets that you understand
  • The 5 key benefits of using real estate as an investment vehicle
  • What first time investors need to know about turnkey investments
  • Lessons learned about building a real estate portfolio of 84 properties
  • The difference between being an active vs. passive real estate investor

If you are looking for a group of individuals that look after their own and help real estate investors far and wide, then I encourage you to join our Facebook group where like minded individuals like yourself are connecting, exchanging ideas and doing deals everyday.

Join Our Free Facebook Group Now

Links Mentioned in Today’s Episode

Marco Websites: Norada Real Estate & Passive Real Estate Investing

Favorite Books: Think & Grow Rich  & Rich Dad Poor Dad  

Favorite App: Audible

BTM 51: Fastest Path To Escape the Rat Race Using MultiFamily with Mark Walker

Mark was able to go from being a part-time investor with a full-time job in high tech, to someone who quit the corporate rat race in pursuit of his passion and now thrives as a multifamily investor. Mark Walker is founder of Luxmana Investments, which focuses on residential and multifamily investments.

Mark has been an active real estate investor since 2004, so he brought a wealth of knowledge with him when he founded Luxmana Investments in 2011.  He started out as a part-time investor––holding a full-time job in high tech––and his passion for real estate enabled him to escape the rat race of Corporate America.
 
Prior to Luxmana, Mark succeeded in multiple development projects in the trendy Highlands and Berkley areas of Denver, Colorado.  Since then, he’s acquired dozens of residential and multifamily income properties through Luxmana Investments LLC, which he founded in 2011, and Peak Margin Partners LLC, which he co-founded in 2013.

Mark has successfully overseen the operations of his own assets, and that of other investors, in Colorado, Texas, Florida and Illinois.  This includes his active involvement with MBP Capital and Catalyst Multifamily Management—a highly successful multifamily investment, management and brokerage firm.  During this tenure, Mark has had property management oversight of his Dallas area multifamily portfolio, while assisting with acquisitions and dispositions of assets as well.

Mark also spent over a decade at Seagate Technology where he held senior leadership roles in Marketing, Product Line Management and Sales. In addition to being a licensed real estate broker in Colorado, Mark holds a degree in Marketing from Oral Roberts University in Tulsa, Oklahoma.  In his spare time, he enjoys theater, camping, cycling, and spending time with his wife and daughter.

Key Points From This Episode:

  • How Mark earned his P.h.D. in real estate during his time of testifying in a grand jury indictment in the largest prison sentencing in Colorado for fraud
  • Why every investor must invest in mentorship to be successful
  • Importance of asking a lot of questions when learning real estate investing
  • What first time investors can do now to escape the rat race
  • #1 action step you can do today without spending a dime
  • The value in learning how to relate to people and meeting people on their level
  • How to choose your investment criteria
  • Type of questions you should ask property managers when analyzing deals (What are the rents in this area? What the property might rent for? What areas are you seeing the shortest marketing time? What features in property that you see is the easiest to rent?)
  • What is a cash-on-cash return in real estate investing?
  • How Mark helps people conquer their fear and inaction with investing

Links Mentioned in Today’s Episode

Free Gift for BTM’s Listeners

Luxmana Investments

Rich Dad Poor Dad

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