BTM 86: Pyramid Schemes, Partnerships & Direct Deposits with Jack & Jeff
On today’s show, we have on the dynamic duo, Jack Gibson and Jeff Schechter aka “Shecky”. Through an unusual chain of events and business relationships, he met Jack on a consulting call. Very quickly, they realized that they had the same interests and passions in real estate. They formed their partnership and never looked back.
Our conversation centers around debunking the negative associations with Multi-Level Marketing (MLM’s) and pyramid schemes. You’ll learn about how beneficial some of these programs really are. We also highlight the benefits of a great partnership and how you can ensure that you’re always making the right choice in a potential partner. We close the conversation with a focus on turnkey investing and how you can start getting direct deposits to your account every month with this strategy.
Key Points From This Episode:
- Why Pyramid Schemes are not dead
- The benefits of Network Marketing and Door to Door Sales
- How to classify your beliefs around money and success
- The power of the right partnership
- The best kept secret to self development
- How you can invest, collect checks and let someone else do all the work
Links Mentioned in Today’s Episode:
Before the Millions Book:
The One Thing by Gary Keller
Rich Dad, Poor Dad by Robert Kiyosaki
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Lifestyle Design App:
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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.
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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
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