Real Estate Runway

Chad Sutton

The Real Estate Runway Podcast, powered by Quattro Capital, is all about alternative business and investment strategies to help you amplify life and maximize wealth. We focus heavily on multifamily real estate investment, as that is our primary game. However, we also dive into alternative topics around mindset, other real estate strategies, banking with life insurance and much more. Overall, our goal is to equip all of you rockstars out there with the powerful information you need to amplify your wealth and amplify your life. read less

159: The Power of Positive Mindset with Tommy Newberry
Today
159: The Power of Positive Mindset with Tommy Newberry
Transform with Tommy: Mindset, Growth, Kindness! In this episode, Tommy Newberry, a New York Times Bestselling Author with a 32-year track Record of Coaching Successful Entrepreneurs, inspires by sharing his transformative journey, emphasizing the importance of resilience, a positive mindset, and continual self-improvement. He sheds light on the significant impact of small acts of kindness and the pursuit of balance in achieving overall well-being. His insights highlight the value of community effort and individual responsibility in fostering a harmonious and progressive society. Through his reflections, Tommy offers a motivating perspective on overcoming challenges and contributing to collective growth and development Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 12:02] Exploring Mindset with Tommy Newberry of the 1% Club Tommy Newberry is a 32-year veteran of the coaching profession, helping entrepreneurs get to the next level and working with them in all areas of lifeTommy advocates for a holistic coaching approach focusing on both professional and personal life aspectsHe underscores the importance of mindset in achieving both personal and professional success. His 1% Club focuses on mindset broken down into five different categoriesTommy prioritizes building enduring relationships with clients to facilitate deep, lasting transformationsExcellence in all life areas, including faith, marriage, parenthood, fitness, and business, highlighting the need for balanced development is emphasized [12:03 - 23:48] Mastering Mindset to Achieve Success in Life and Business Mindset is a series of decisions we make that form who we areClarity is essential to having the right mindsetSuccess requires acting from the standpoint of already achieved goals; being ‘there’ mentally before actually arrivingReal change starts from within; altering mindset precedes changing external circumstancesHappiness is attained through positive focus and clarity in purpose, contrasting with focusing on negatives and flaws   [23:49 - 37:18] Tactical Goals, Empowering Routines, and Influential Networks Tommy recommends structuring long-term visions into manageable weekly tasks through interim three-year and quarterly goals for focused progressDaily ‘bookend’ routines, emphasizing well-being and quality sleep, are crucial for maintaining optimal conditions for goal achievementEffective execution, requiring regular reflection and adjustments, is emphasized to align daily actions with long-term visionsThe influence of a supportive and challenging peer group is crucial for developing a mindset conducive to personal growth and goal clarityRespond to the world's challenges in a way that keeps you on track to reach your master vision   [37:19 - 51:34] Empowering Positivity: Tommy's Insightful Perspective on Mindset and Societal Contribution Tommy underlines the importance of emphasizing positive thoughts, referencing Philippians 4:8, for improved life satisfactionHe illustrates the tendency to dwell on the negative and advises a shift in focus to positive aspects to alter life perceptionsTommy highlights how positivity can fuel growth in both personal and professional spheres, changing perceptions of opportunities and challengesHe expresses his commitment to fighting Alzheimer's and stresses the need to educate the youth on the benefits of a free market   Quotes: "Life is intended to be difficult, and hardships should be used to come out better on the other side." - Tommy Newberry "Life is a manifestation of our mindset. When we harbor positivity, we attract constructive energies that propel us forward." - Tommy Newberry "In order to lead a fulfilled life, one must consistently nurture and develop their intellectual, emotional, and spiritual selves." - Tommy Newberry   Connect with Tommy through Linkedin, Or go to his websites: https://www.tommynewberry.com/ and https://www.achievingoptimal.online/1PC   Resources Mentioned: Book: The 4:8 Principle Success Is Not an Accident. Find it on AmazonOnline Program: The 40 Day Joy Challenge. Available at http://www.joychallenge.com   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
158: Land Flipping Secrets Revealed with Daniel Martinez
5d ago
158: Land Flipping Secrets Revealed with Daniel Martinez
Is subdividing large plots a strategic advantage in contemporary real estate practices? With a unique perspective on land investments, Daniel Martinez, a seasoned real estate professional and Co-Founder at Hivemind CRM, underscores the potential of subdividing large plots and the crucial role of mentorship. He talks about his strategies for buying and selling land, sharing insights on leveraging massive plots, increasing value through subdivision, and the importance of focusing on land as a primary asset class in real estate. Martinez emphasizes the importance of margins in profit-making and the advantage of targeting larger properties. Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 09:38] Daniel's Route from Trucking to Thriving in Land Flipping Daniel transitioned from truck driving to real estate, finding his niche in land flipping after challenges with housesUtilizing podcasts and YouTube during trucking routes, Daniel self-educated his way into real estateLand offers vast inventory, varied value potential, and broader profit margins compared to housesDaniel focuses on paperwork in land deals, eliminating development intricacies for streamlined profits   [09:39 - 19:50] Maximizing Profits with Strategic Land Investments Buy large plots, subdivide for increased value, and cater to more buyersThere's more land than any other asset class in real estateLand has no ceiling, so as long as you have a good margin of safety, you're gonna make moneyYou can create larger spreads by going after larger propertiesSpend marketing budget on finding buyers instead of sellers   [19:51 - 28:39] Systems and Mentorship Daniel identifies his superpower in real estate in systems and math, highlighting the importance of complementary partnershipsDaniel's setback in the trucking industry taught him invaluable lessons on people management and resilience, equipping him for challenges in real estateHe is dedicated to mentoring the youth, helping them navigate life and business, and is actively involved in an entrepreneurship program at his daughter's schoolDaniel introduces "Hivemind CRM," a comprehensive platform available across various social media, offering a $1 course on real estate and an upcoming free PDF checklist   Quotes: "So think of a flip where you have to know where that roof is. Land has no ceiling, so as long as you have a good margin of safety, you're gonna make money." - Daniel Martinez "Don't partner with people like you partner with people who are unlike you. So complement your short shortcomings." - Daniel Martinez   Connect with Daniel through LinkedIn,Facebook Or visit the website https://www.milliondollarlandmastermind.com/     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
157: The Real Estate Opportunity You Can't Afford to Ignore with Matt Fore
1w ago
157: The Real Estate Opportunity You Can't Afford to Ignore with Matt Fore
Maximizing ROI: The Untapped Wealth of Car Washes! In this special Real Estate Runway Podcast episode, host Chad Sutton welcomes seasoned real estate investor Matt Fore, who transitioned from tech sales to amassing an impressive portfolio, including 4,000 apartment units, 12 self-storage facilities, 30 car washes, and 5 mobile home parks. They delve into the lucrative car wash industry, emphasizing its fragmented market, tax advantages like 15-year depreciation schedules and bonus depreciation, and the potential for private equity funds to invest in cash flow portfolios. They stress the need for both capital and time to maximize investments and explore various exit strategies. The conversation also touches on current economic challenges and solutions and shares insights into the U.S. economy's resilience and innovation. Tune in for a condensed yet informative discussion to stay informed and make strategic investment decisions.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 09:04] From Tech Sales to Real Estate Empire: Matt's Diverse Investment Journey Chad welcomes back guest Matt Fore, an OG in the real estate runway community, for a lively conversation about real estate investmentsMatt shares how he transitioned from a career in technology sales to real estate investingMatt has grown his portfolio to include self-storage, car washes, apartments, and moreMatt explains the allure of car washes as an investment, highlighting their strong cash flow, tax benefits, and the fragmented nature of the market    [09:04 - 21:12] Tax Benefits, Cash Reserves, and Market Insights Matt underscores the significance of maintaining robust cash reserves to handle unforeseen challenges and capital calls in real estate investmentsThe multifamily market is experiencing a slowdown in transactions, with operators holding properties in hopes of selling at higher pricesValuable advice is given to investors, emphasizing the importance of asking operators about cash reserves, loan maturities, extension options, and financial planning for stable real estate investments   [21:13 - 20:28] Navigating Challenges and Shifting Portfolios The slowdown in real estate transactions due to rising interest rates and oversupply issues in self-storage markets is discussedThey anticipate a stabilization of interest rates in 2024-2025 and suggest potential government interventionsA shift from C-class to A-class assets in response to market changes, emphasizing the importance of aligning investments with evolving conditions for long-term success, is highlighted   [20:29 - 38:07] Bet on America: Navigating Economic Challenges with Confidence Matt discusses how the U.S. economy has historically bounced back from challenges, emphasizing American innovation and adaptability.zThey advise listeners to ignore sensationalized news and focus on the positive aspects of life, such as increased life expectancy and overall wealthHe expresses their confidence in the U.S. economy's ability to thrive despite uncertainties and encourages listeners to bet on it   Quotes:  "The car wash industry offers incredible opportunities due to its fragmented market and attractive tax benefits, including a 15-year depreciation schedule and bonus depreciation opportunities." - Matt Fore "Creative solutions, such as extending mortgage terms and changes in tax laws, can help real estate investors navigate economic challenges successfully." - Matt Fore   Connect with Matt through Linkedin,Instagram Go to his website: https://icecreamwithinvestors.com/ Or listen to his Podcast: Ice Cream with Investors   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
156: From Setbacks to Million-Dollar Moves with Dani Beit-Or
Sep 14 2023
156: From Setbacks to Million-Dollar Moves with Dani Beit-Or
Every challenge faced today is the foundation for tomorrow's unprecedented success! With over 20 years of experience investing in US real estate, Dani Beit-Or uses his knowledge and experience to secure financial growth for beginners to experienced investors. From Israel to the U.S., Dani navigated the real estate waters, emphasizing lessons from the 2008 crisis. Fast forward, Dani's current advice hinges on not painting the economy with a broad brush but viewing it locally. Beyond business, his heart shines through as he lends his expertise to individuals facing tough real estate choices, embodying his belief in giving back.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 09:55] Dani's Beit-Or Investment Journey Chad introduces his guest, Dani Beit-Or, a seasoned real estate investor born and raised in Israel who started real estate investing remotelyDuring his early career years, Dani realized his lack of practical financial literacy despite his formal education and pursued self-educationDespite challenges like being in a different country, language barriers, and cultural differences, Dani took the bold step of investing sight unseen in a Phoenix suburb homeIn 2004, he relocated to the U.S., diversifying his real estate portfolio across multiple metros [09:56 - 23:42] Rising from the Rubble: Dani's Evolution in Real Estate Post-2008 Dani's over-leveraging during 2008 led to significant losses, but he embraced difficult times as an opportunity for growth and learningHe prioritized pragmatic choices over emotional ties during the downturn.Post-recession, Dani equated his experience to a "Ph.D. in real estate"Leverage should be kept low to avoid the property being worth less than the loan, avoiding negative cashflowAfter the crisis, Dani adopted a conservative, stability-focused investment approach with systemized processes, creating checklists to ensure quality [23:43 - 32:17] Local Realities: Navigating Real Estate Amid Economic Uncertainty Dani and Chad debate the current state of the real estate market, comparing it to the 2008 recessionDani emphasizes a localized perspective, noting differences between Dallas, Houston, and Middle Tennessee marketsThey stress the importance of evaluating individual properties and not generalizing the entire economyHis strategy focuses on investing in quality assets and adopting a long-term approach to weather market fluctuations [32:18 - 45:58] Dani's 360° Real Estate Revolution: Innovating Markets, Maximizing Profits, and Pioneering Compassion Dani's company sets up systems and processes to identify good real estate markets, vet local realtors, analyze properties, and present them to buyers in a realistic wayThe company provides full 360 support from early start to after selling a property, including helping clients maximize their profitsDani's unique approach involves challenging the status quo, leading to innovative strategiesPhilanthropically, Dani offers free guidance to individuals in tough real estate predicaments   Quotes: "Try to work on your ability to make business decisions, not emotional decisions." - Dani Beit-Or "It's all about finding the opportunities. What is the market offering you? Maybe there are not so many opportunities in Texas right now, but in Middle Tennessee, there are, or vice versa. So it's taking down the conversation a notch." - Dani Beit-Or   Connect with Dani through LinkedIn,Facebook Or visit http://SimplyDoIt.net   Resources mentioned: E-book: Remote Real Estate Investing in Rentals and Flips: A Busy Person’s Guide to Successful Investing   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
155: Unlocking Hotel Goldmines with Jonathan Twombly
Sep 12 2023
155: Unlocking Hotel Goldmines with Jonathan Twombly
Have you considered the unique investment potential of small mom-and-pop hotels and the revenue boosts from improved operations? Jonathan Twombly, a multifamily real estate expert, delves into his shift from law to real estate, emphasizing the untapped potential of independent hotels. He discusses the emerging trend of hotel-to-multifamily conversions and the importance of hands-on management. Drawing from his experiences, he underscores the value of building a solid investor list and offers listeners a detailed guide on multifamily deal syndication.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!   LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 11:45] Jonathan Twombly's Investment Journey Jonathan Wombley of Two Bridges Asset Management joins to discuss his contrarian investment view and playing in the mom-and-pop hotel spaceJonathan founded Two Bridges in 2013, building a portfolio in the Carolinas, which he sold in 2019, foreseeing market challengesNew real estate operators should weigh risks and not just chase numbers; evaluating properties beyond mere financials is crucialTwombly's focus has shifted to the independent hotel sector [11:46 - 21:14] Strategic Dive into Modern Hospitality Jonathan stumbled upon a neglected hotel in upstate New York, seeing potential in its prime locationHe identified a trend: older hotel owners not maximizing their assets or utilizing modern technologyInitial marketing efforts alone increased revenues by 20%Post-renovation, the hotel could command much higher rates [21:15 - 31:34] Innovative Financing and Tech Approach Jonathan targets unique non-branded hotels for travelers desiring distinct experiencesHotel management costs fluctuate with occupancy; technology benefits independent hotelsTraditional bank financing is limited for hotels; Jonathan eyes seller financing and fund-raisingThe financial landscape hints at the difficulty of small loans and the benefits of a cash acquisition fund [31:35 - 40:17] Unlocking the Power of Connections and Value Recognition Jonathan excels in connecting individuals and has a vast reach within his networkJonathan stressed the importance of diversifying investor sources after facing a significant setbackHe introduced his "Ultimate Checklist" for those interested in multifamily deal syndication   Resources Mentioned: The Ultimate Checklist to Buying Your First 100+ Unit Multifamily Property with Other People's Money - And Getting Paid to Do It! https://www.apartmentinvestorsclub.com/checklist/   Quotes:   "You're never going to get chastised for taking chips off the table and posting a profit. Especially if you're a young operator, take that quick win and don't try to time it just right." - Jonathan Twombly "I remember very distinctly having this moment where I was trying to convince somebody to hire me for a job that I don't want. And I realized the answer was no." - Jonathan Twombly   Connect with Jonathan through Linkedin or Go to his website: http://www.twobridgesmgmt.com   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
154: Reclaiming Your Time with Jason Duncan
Sep 7 2023
154: Reclaiming Your Time with Jason Duncan
Imagine a world where your business thrives without your constant input, where you overcome the hero syndrome and find true freedom through the power of delegation and mindset.    With the same 168 hours a week that legends like Branson, Jobs, and Musk had, Jason Duncan unveils the roadmap to an 'Exit Without Exiting' lifestyle. Jason is a bestselling author, TEDx speaker, and business coach who wants to help entrepreneurs take their businesses to the next level. Jason explains how to create sustainable passive income through your business and move past the hero syndrome to ensure that your business continues to create value and generate passive income. He also talks about open cycles and how understanding them can help reduce stress and write standard operating procedures for specific tasks.    Tune in to learn more about Jason's strategies for creating an 'exit without exiting' business lifestyle!   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 06:44] Exit Without Exiting Introducing Jason to the showJason's story of going from an unemployed school teacher to a successful entrepreneurThe importance of paying attention to your business, or it will start going backwardsJason's concept of "Exit without Exiting" - how to get out of daily operations without selling the business   [06:45 - 14:03] Overcoming the Hero Syndrome Passive income can be achieved through business ownershipReal estate is an obvious choice for passive income, but there are other ways tooEverything experienced in reality can be traced back to the way one thinksEntrepreneurs with hero syndrome will never have successful businessesSteve Jobs and Elon Musk overcame hero syndrome early on and are now multi-billion/trillion dollar companies.   [14:04 - 20:43] Master the Art of Delegation We all have 168 hours in a week, yet some people like Richard Branson, Steve Jobs and Elon Musk run multiple companiesThe first step to freedom is embracing delegationThe second step is eliminating stress through the law of open cyclesThirdly, establish systems and processesLastly, invest in people, as they are the most critical assetDelegation requires assigning, entrusting, and empowering people to do tasks   [20:44 - 35:30] Eliminate Stress and Streamline Your Business with Systems and Processes Stress is caused by too many things, not the thingsOpen cycles inventory is a way to manage stressProcesses are tasks that can be completed in the same way with a predictable outcomeSOPs (Standard Operating Procedures) should be written out for specific processesWhen something goes wrong, the SOP helps identify the broken link in the processEmbrace delegation by investing in people both financially and with power, authority, and rankInvesting in people can help reduce stress and create better systems and processesGive team members ownership of their process and encourage them to make it better   [35:31 - 39:58] Quattro Questions Jason's superpowerJason's biggest failure to date      Quotes:   "Everything you experienced in your reality can be traced back to the way you think." - Jason Duncan    "Stress is caused by too many things, not the things. So, whatever the things are individually, I got those. But you put all those together, that's when I feel stressed." - Jason Duncan      Connect with Jason! Website: Therootofallsuccess.com Book: Therealjasonduncan.com/book     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com.   Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.     Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!
153: Master the Game of Land Development with Brandon C. Knox
Sep 5 2023
153: Master the Game of Land Development with Brandon C. Knox
Do you want to develop unique money-making methods like building build-to-rent projects?   In this episode, Chad welcomes Brandon C. Knox, an experienced real estate broker and redevelopment expert. After moving to Nashville in 2013, he reinvented himself as a go-to person for builders and developers looking for dirt to develop. He became one of the top 1% through hard work and dedication. This conversation discusses Brandon's journey to becoming an expert in zoning and land use policies. He shares his strategies for buying cheap land, creating entitlements, and then rezoning it to make a four-way win of acquiring the land value, construction costs, appreciation over time, cash flow, and depreciation.   Tune in to hear Brandon Knox's incredible story on real estate development and strategies for creating generational wealth.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapital Instagram: @TeamQuattroCapital Facebook: @TeamQuattroCapital Website: www.TheQuattroWay.com  TikTok:@realestaterunwaypodcast   [00:00 - 06:46] Opening Segment Brandon's background and careerHe reinvented himself by meeting every builder and developer in town to find dirt that fit their needsHe has been number one in the state for new construction sales six times in 10 years   [06:47 - 11:48] Reinventing Yourself in Real Estate Create a niche of being an "in-between" to go and get the land for buildersHelping builders change zoning requirements and understand land use policiesSome builders were making more money on selling the paper than building and selling houses   [11:49 - 19:57] Navigating the Risk of Land Development The lowest-risk way to play in the land development game is to contract a piece of land at a price that the seller wantsRisk and capital at stake can be minimized by having a contract that doesn't require closing until the final SP is approvedThe contract should have a provision for closing within 30 days after the third and final council reading   [19:58 - 28:50] Generating Generational Wealth Through Land Repurposing and New Construction Retail Street setbacks, corner lots, utility easements, and height variances all need to be taken into accountBrandon has created a pipeline of new inventory by adding value to builders and generating cash flow through commissionsCreating equitable spread by getting dirt-cheap land and creating entitlements with value as a portion of the down payment for constructionFour-way win: original value of dirt, unrealized monies that developer would have gotten, appreciation, cash flow & depreciation   [28:51 - 36:13] The Quattro Trio Brandon's superpower is his ability to multitask effectivelyBiggest failure is not starting for himself soonerBrandon's philanthropic ventureConnect with Brandon through the links below Quote:   "It took me a long time to truly believe I am the one. It took me a long time to believe what I was saying to everybody else because it sounds good to tell clients and people. It took me a long time to believe that for myself." - Brandon C. Knox Connect with Brandon through www.knoxopensdoors.com or www.landgroupusa.com.  LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com.   Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton. Nectar: https://app.usenectar.com/quattro-capital Entity Keeper:    Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
152: A Unique Solution To A Hard Problem with Scott Choppin
Aug 31 2023
152: A Unique Solution To A Hard Problem with Scott Choppin
How do Urban Townhouses, with a demand for 47,000 units, provide a solution to Southern California's housing shortage? Scott Choppin is the founder of Urban Pacific Development, a California based company that has created a unique and profitable way to use private capital to solve the housing crisis. In this episode, he covers housing trends, innovative solutions, and his philanthropic endeavors. He also highlights the shifting American dream towards a "lock key and leave it" lifestyle for millennials and baby boomers. Introducing Urban Pacific's Urban Townhouse (UTH) concept, he tackles affordable housing for multi-generational families. Scott's commitment to workforce housing is evident through Urban Pacific's use of private equity and Opportunity Zone capital. He extends his impact by aiding churches and mentoring budding real estate professionals.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 09:28] Creating Value and Amplifying Life: Meet Scott Chopin of Urban Pacific Development on the Real Estate Runway Podcast Scott's family background in real estate development inspired him to pursue it as a careerHe worked in the electrical trades for a few years before reading an old 1950s real estate investment book that played a pivotal role in Choppin's journey, introducing him to the essence of deal-making in the sectorBoth Chad and Scott discuss the concept of "value add," emphasizing that real estate development can be viewed as the ultimate form of adding value   [09:29 - 22:52] Navigating Investments, Development, and Economic Cycles When comparing value-add investments to ground-up builds, Scott described a three-bucket method: underwrite, develop, create valueIn development, there's a period where there's no cash flow because there are no renters and no income stream, essentially a 100% burn rate. However, the eventual rewards can be significantPost-2008, Scott highlighted the need to track and adapt to economic cycles in long-term real estate projectsWith rising interest rates, the lending environment for real estate is evolving, underscoring the value of real-time market updates   [22:53 - 32:27] Rental Trends, Affordability, and Innovative Solutions Scott highlights the enduring significance of shelter as an essential human requirementThey explore how the traditional American dream is evolving towards prioritizing lock-and-leave rental lifestyles for greater convenienceScott discusses the prevailing shortage of housing, particularly affordable options, emphasizing the demand-supply gapThe concept of "urban townhouses" designed to cater to the needs of multi-generational families, providing spacious rental units tailored to modern lifestyles is emphasized   [32:27 - 42:28] A Paradigm Shift, Demand Surge, and Private Capital Commitment Scott emphasizes the changing notion of the American dream, driven by the appeal of "lock key and leave it" lifestyleScott introduces Urban Pacific's innovative solution, the Urban Townhouse (UTH) product, to provide affordable workforce housing, making a positive impact on communitiesWith demand at 47,000 units, Scott highlights the UTH model's potential in tackling Southern California's housing supply challenges   [42:29 - 51:08] Real Estate Challenges and Philanthropy Scott's creative problem-solving ability is his superpower, honed through a balance of optimism and conservative thinkingHe contributes to philanthropy by helping churches and religious organizations solve real estate-related issuesScott's commitment to giving back includes mentoring individuals interested in real estate developmentHis newsletter, "The Real Signal," provides insights into real estate and macroeconomics for subscribers   Quote: "What we are is that we're at the equilibrium point where we're basically maximizing the revenue as a function of cost." - Scott Choppin   Connect with Scott through LinkedIn, Tw: @scottchoppin visit http://www.urbanpacific.com   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
151: Tax Tactics & Property Paths with Toby Mathis
Aug 29 2023
151: Tax Tactics & Property Paths with Toby Mathis
How can a seasoned tax attorney's insights transform your approach to real estate investing? In this episode, host Chad interviews Toby Mathis, an investor, owner, and tax attorney with Anderson Business Advisors, to discuss his thoughts on the current market and where it may be headed. Toby shares his journey as a tax attorney and the lessons he's learned about the significance of cash flow in real estate investments. Emphasizing the necessity of hands-on experience, Toby provides listeners with valuable advice, suggesting they collaborate with professionals seasoned in the real estate field. Both individuals resonate with the challenges faced in property management, underscoring the importance of being prepared for potential lawsuits. Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 09:48] Navigating Cash Flow and Legalities with Toby Mathis Toby Mathis, a tax attorney and real estate investor, shares insights from his extensive experience in asset protection and legal domainsToby underscores the significance of consistent cash flow in real estate over mere property value He advises partnering with professionals in real estate to gain practical and actionable adviceStrategies for handling real estate liabilities and prioritizing tenants' well-being over legal concerns are offered by Toby   [09:49 - 22:03] Inflation, Corporate Buyers, and the Impending Housing Crisis Toby identifies a discrepancy between U.S. population growth and new housing, questioning predictions of a real estate crashThe surge in M2 money supply during COVID correlates directly with rising home prices, indicating inflationary impactsMajor firms buying homes for cash raise concerns, as individual homeowners often make more compassionate tenant decisionsCurrent housing trends could exacerbate homelessness and affordability issues, highlighting the need for a balanced capitalist approach to real estate   [22:04 - 32:31] Current Trends and Challenges in Real Estate Markets Residential real estate faces supply-demand challenges, with a forecast of steady price increasesFluctuations in interest rates could affect property owners with short-term debts and balloon paymentsWith 50% office space utilization and looming debt, commercial properties face potential devaluationThe trend leans towards long-term cash flow investments over quick property flips   [32:32 - 38:33] Toby Mathis on Business, Trust, and Philanthropy Toby values the Gestalt method, emphasizing teaching from real-world experience over mere theoretical knowledgeWhile Toby is adept at moderating risk, he shares the downside of sometimes being too trusting, especially when business relationships get tainted with greedHe actively contributes to three charities, with 'King's Ransom' being a notable organization aiding the poor and trafficked across various continents   Quotes:  "It's a lot of it is about income streams. It's about having multiple streams of income that are perpetual that grow over time." - Toby Mathis "We can do good things, we can do shared housing, we can be very creative. We can do things for other people and solve their issues. And we don't have to gouge 'em, or we don't have to be just capitalists. We can actually look at other motivations." - Toby Mathis   Connect with Toby through Linkedin,Facebook, go to his website:https://tobymathis.com/, Listen to his Podcast, or visit his YouTube channel   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
150. Rediscovering Fulfillment with Oliver Villwock
Aug 24 2023
150. Rediscovering Fulfillment with Oliver Villwock
Ever wondered how the inner workings of the mind can shape tangible success? Join host Chad Sutton and his guest, the visionary founder of Pure Power Coaching, Oliver Villwockis, as they unravel the threads of genuine life fulfillment and channel inner passion for unparalleled performance. Journey through Oliver's captivating transition from the world of financial sales to empowering entrepreneurs, investors, and fund managers. Oliver's insight into harnessing inner drive and the pursuit of life's true fulfillment promises to be a game-changer. Feeling intrigued or vulnerable? Oliver's door is open for a transformative call. For a deeper dive into his world, the show notes have all you need. Don't miss out!   [00:00 - 10:46] From Financial Success to Spiritual Awakening Oliver Villwockis a high performance coach focusing on fund managers and investorsFrom finance to extended meditation, Oliver Phil Valk's journey reshaped his life's purposeOliver's transformative experiences in India led to creating Pure Power, blending business and spiritualityChad and Oliver highlight the risks of valuing wealth over personal fulfillmentOliver advocates for reconnecting with the intrinsic joy of one's younger years for true satisfaction   [10:47 - 20:48] Embracing the Journey: Gratitude, Passion, and the Entrepreneurial Leap of Faith The host highlights the essence of gratitude in cherishing the presentOliver speaks on the value of the journey over the destination, suggesting outcomes can surpass expectationsThe "zone of genius" is introduced by Oliver, who describes it as a state where individuals align their business endeavors with their deepest passions and aspirationsChad and Oliver discuss entrepreneurial challenges, emphasizing the need for focus and taking leaps of faith   [20:49 - 29:58] Inner Flames and Life's Deeper Meanings Oliver identifies his unique superpower: his innate ability to connect deeply and transformatively with clients, using his intense spirit to melt rather than overpowerOliver felt emptiness after achieving dreams, leading to a life re-evaluationHe stresses evolving goals to prevent a void after achieving themPassionate about the transformative potential of meditation, Oliver champions the "Hridaya Yoga" school in India, highlighting its immense positive impact on his personal journey     Quotes:   "I realized that actually instead of pushing harder the key for me was to allow more deeply." - Oliver Villwock "No greater disparity does a man experience than when he achieves his long-awaited dream, especially if he's been solely looking towards the future destination and not enjoying the journey. When he gets there, he finds he has no new dream to chase." - Chad Sutton   Connect with Oliver through LinkedIn, Facebook, visit http://www.thepurepower.de     Resources Mentioned: https://hridaya-yoga.com/   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
149: Self Storage Investments with Jacob Vanderslice
Aug 22 2023
149: Self Storage Investments with Jacob Vanderslice
According to industry experts, storage space is in high demand, and it's expected that the self-storage industry will grow in size and demand as the years roll by. In a detailed conversation with Jacob Vanderslice of VanWest Partners, a top-notch self-storage operator, the intricacies of this booming industry are delved into. Starting with a pivot from multifamily units to self-storage, Jacob underscored the potential profit margins and emphasized the gravity of meticulous expense and income management. The evolving role of REITs, with the mention of significant mergers involving giants like Life Storage and Public Storage, formed a key discussion point. Jacob also touched on the importance of additional revenue streams, such as tenant insurance and late fees.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!   LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypod   [00:00 - 10:26] The Resilience of the Self-Storage Market Jacob got started in real estate investing in 2005/2006 and has been unemployed in real estate ever sinceVanWest Partners launched their first fund in 2019 and is currently on their third fund with 40 facilities, 18,000 units, and 3 million square feetThe pandemic greatly boosted the self-storage sector in 2020 and 2021Current market trends show a decline from those peak yearsEconomic ups and downs both fuel demand in the self-storage industry   [10:27 - 21:31] Strategic Investment in Self-Storage Jacob's firm focuses on two main strategies: developing new projects and enhancing under-managed facilities, particularly those run by smaller operationsBy transitioning from third-party management to self-management, Jacob's firm achieved a 40% increase in net operating income within a yearJacob advises investors to analyze the supply ratio in the self-storage market and to understand local rent rates and demographicsFor potential investors, Jacob emphasizes vetting the track record and transparency of the sponsor or partner, stating it's as crucial as the asset class itself   [21:32 - 28:53] Inside Self-Storage: Mergers, Revenue Insights, and the Philanthropic Heart of VanWest Partners Jacob highlights the merger of Life Storage and Extra Space, reshaping the self-storage landscapeHe underscores the importance of various revenue streams in real estate, including tenant insuranceJacob cautions against trusting predictive models too much, sharing personal business challengesPhilanthropically, Jacob endorses Big Brothers Big Sisters and celebrates Denver's Craig Hospital Foundation's work   Quotes: "The model always lies. The model will tell you whatever you want it to, and the deal never goes like the model says it will. It either goes better or it goes worse." - Jacob Vanderslice "So much of the value creation in commercial real estate investing is about controlling expenses and growing top line revenue which equates to net operating income growth." - Jacob Vanderslice   Connect with Jacob through Linkedin, Or visit https://www.vanwestpartners.com/ E-mail: Jacob@vanwestpartners.com   Resources Mentioned: Big Brothers Big SistersThe Hospital Foundation Board   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
148: Ins And Outs of Purchasing and Selling Vacant Land with Brent Bowers
Aug 17 2023
148: Ins And Outs of Purchasing and Selling Vacant Land with Brent Bowers
Why Land as Investment? Brent Bowers, a retired military veteran and experienced real estate investor, joins the show to discuss how he made a successful transition from long-term rentals to land flipping and wholesaling. He shares stories of his successes and failures, giving detailed insights into why he chose land as an investment and how he was humbled during the great recession. Brent also talks about how he used seller finance and wrap techniques to provide cash flow from his deals. Lastly, Brent promotes his Land Sharks coaching program, which provides step-by-step guidance on developing a profitable land-flipping business.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 10:02] Brent Bowers' Journey in Land Wholesaling Retired military badass Brent Bowers joins the show to discuss investing in land and wholesaling it to generate cash.Brent Bowers discussed his transition from rentals and house flipping to vacant raw land wholesalingHe emphasizes the need for immediate action upon gaining new insights to achieve successBrent shares innovative strategies on wholesaling land, offering a fresh take on real estate investments [10:03 - 18:16] From Wholesaling Houses to Mastering Land Deals A podcast inspired him to explore the untapped potential of flipping vacant landTwo deals, a $5,000 flip, and a lucrative seller-financed transaction, highlighted his journey's successHis strategy emphasizes low capital risk in land deals, and he now educates others on this approach   [18:17 - 31:59] From Personal Freedom to Empowering Brent achieved personal financial freedom and now aims to help others attain their version of freedomHis Land Sharks program empowers individuals in land investing, with each success story fueling his purposeConfronting fears and viewing challenges as learning experiences have been pivotal for Brent's growth   Quote: "I think the biggest misconception is that land investing is boring and not as lucrative as other real estate strategies." - Brent Bowers Never let fear hold you back... Every challenge is just a learning opportunity in disguise. Embrace it and charge forward like a rhino! -Brent Bowers   Connect with Brent through LinkedIn, Facebook, visit https://thelandsharks.com/ Or listen to his Podcast Wholesaling Inc. Cell Phone: 863 801 6959   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
147. A Beginner's Guide to Building Wealth with Maurice Philogene
Aug 15 2023
147. A Beginner's Guide to Building Wealth with Maurice Philogene
What do you think about where you're going? What assets do you want to go into? What is the mindset you have to have to buy back your time? Chad Sutton and Maurice Philogene lead listeners on a transformative journey toward financial freedom. They stress that financial freedom isn't merely about amassing wealth but about designing a life aligned with personal aspirations. Guided by the five freedoms—time, financial, geographic, purpose, and relationships—they debunk misconceptions, focusing on assets that generate income and highlighting the importance of intentionality in shaping one's financial trajectory.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.comTikTok:@realestaterunwaypodcast   [00:00 - 10:07] Building Wealth with Purpose and Patience Today's episode is a Quattro round table edition discussing being a beginner to investingThe goal is to replace time trading for income with assets that provide time freedomMaurice shares his journey of investing in real estate since his twenties, which has paid off greatly.The most important thing when beginning to invest in real estate is having a “why"Wealth is redefined as a tool for time and freedom, demanding dedication and strategic money management   [10:08 - 19:42] Balancing Today and Tomorrow: Practical Insights for Financial Freedom Pay yourself first and store the money until you have enough to buy an assetStriking a balance between enjoying the present and securing future finances through mindful choicesConsider the money you put aside for assets as not yours anymoreThey emphasize choosing valuable assets with cash flow and growth potential while cautioning against speculative choicesMaurice debunks the idea that vast wealth is essential for financial freedom, advocating for passive income covering crucial expenses for a more fulfilling life   [19:42 - 30:01] Strategic Work and Personal Goals Focus on five freedoms: time, financial, geographic, purpose, and relationshipsIncrease income and decrease expenses to reach financial freedom goals fasterMaurice and Chad emphasize aligning work with personal goals, focusing on essential tasks for efficient income growthProactive planning and self-education lead to financial independence, offering a life of choice and fulfillmentChange mindset to increase income and time freedom   [30:02 - 38:49] Final Thoughts Maurice and Chad emphasize income's pivotal role in building assets and crafting desired lifestylesChampion your individuality, break norms, focus on assets, and shape your own purpose-driven paths   Quotes:  "You have got to pay yourself first. And if you have a life-related need that really requires money, wait for the next paycheck to come. Never robbed from your storage ever because that money doesn't belong to you anymore. That belongs to your future self." - Maurice Philogene "Financial freedom is not instant. And even if you win the lottery, you still have not built up the skills to maintain it or to multiply it." - Maurice Philogene     Connect with Maurice through Linkedin, Facebook, Or visit https://www.thequattroway.com/   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
146: Mastering Insurance with Micah Mattox
Aug 10 2023
146: Mastering Insurance with Micah Mattox
Stop Guessing! Learn About Real Estate Insurance Now! In this episode, Micah Mattox, the founder of Real Protect Insurance, offers valuable insights into the insurance landscape in the context of real estate investment. He delves into the challenges the insurance market faces, particularly in states like Florida and Texas, due to losses, fraud, and shifting dynamics, emphasizing the importance of staying informed about insurance market trends and adapting to changes. Micah explores the access independent agencies have to carriers and the necessity of understanding real estate operations for effective property insurance. The discussion also extends to risk zones, legislative reforms, and the pivotal role of communication in the industry. Finally, he introduces Real Protect's innovative approach, leveraging relationships and tailored solutions to meet clients' diverse needs.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 07:32] Insights into the Insurance Industry: Challenges, Fraud, and Expertise with Micah Mattox Chad features special guest Micah Mattox, an insurance specialist from Real Protect InsuranceFrom personal to commercial insurance, Micah's transition offers insights into contracts and legal aspects, adding a unique angle to his expertiseWith Florida driving 77% of U.S. insurance fraud, Micah delves into its causes and implications, highlighting his industry proficiencyIn the worst market in 40 years, Micah and Chad dissect losses, fraud, and reinsurers' roles, illuminating industry intricacies   [07:33 - 15:13] Real Protect's Reach, Relationships, and Solutions Micah highlights Real Protect's unparalleled reach with a network of 400 carriers, enabling customized solutions for clientsHe draws parallels between insurance and real estate, emphasizing the importance of personal relationships in securing favorable termsDelving into high-risk areas, Micah identifies regions facing insurance turmoil, such as parts of Florida, Texas, and Louisiana, exploring potential legislative reforms and complex solutionsMicah outlines Real Protect's multi-faceted approach to assisting clients, including leveraging marketplace relationships, utilizing pool programs, and crafting specialized insurance solutions   [15:14 - 23:41] Philanthropy and Property Management Micah's superpower of clear communication shines through in both personal and business interactionsHis biggest business mistake was not learning the other parts of the marketplace soon enoughMicah's philanthropic involvement with the Junior Chamber of Commerce, aiding underprivileged students and mentoring at-risk youthMicah offers practical advice for property owners to boost insurability, from maintaining updated systems to curb appeal and disaster preparedness   Quote: "Insurance is relational just as much as real estate is something that you and all the investors listening are doing day in and day out just managing those relationships. We do the same thing. It is relational in that I'll use a company everybody knows or a carrier everybody knows travelers." - Micah Mattox   Connect with Micah through LinkedIn, Facebook, or visit http://realprotect.com   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
145: Asset Management with Gary Lipsky
Aug 8 2023
145: Asset Management with Gary Lipsky
Be ahead of everyone else just by using the "MAP" (Measure, be Accountable, and be Proactive) technique!   With a focus on building meaningful relationships and leveraging mentorship, Gary Lipsky, co-founder of Break of Day Capital, a company that specializes in asset management in the Tucson and Phoenix, Arizona market, details his progression from single-family homes to multifamily properties. He underscores the significance of effective asset management, highlighting proactive communication with property management teams and meticulous tracking of key performance indicators (KPIs). Emphasizing the principle of underpromising and overperforming, Gary offers valuable strategies to ensure investor contentment and emphasizes meticulous control over property operations.     Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.comTikTok:@realestaterunwaypodcast       [00:00 - 10:47] Gary Lipsky's Journey, Value-Add Strategies, and Asset Management Insights Host Chad Sutton is joined by Gary Lipsky of Break of Day Capital to discuss asset management and lessons learned from his diverse experiences that paved the way for his seamless transition into the dynamic world of multifamily real estateDrawing inspiration from his creative and business-oriented background, Gary recognized the significance of the "value add" approach in both single-family homes and multifamily propertiesHe shares insights into identifying opportunities for improvement and growth, underlining how his unique perspective became a driving force in his real estate endeavorsGary introduces MAP – Measure, Accountability, Proactiveness – vital to effective asset management, revealing his keys to success in property management   [10:48 - 21:29] Strategies for Confidence, Proactivity, and Ownership Mindset Gary and Chad Sutton stress the significance of building financial buffers within pro formas, showcasing the value of conservative projections for investor confidenceThey highlight the power of weekly KPI tracking as a proactive cockpit for property management, enabling data-driven decisions and effective communicationGary's granular data insights unveil opportunities by scrutinizing occupancy and conversion rates, illuminating a path to maximize net operating income (NOI)Chad and Gary emphasize cultivating an ownership mentality to drive results, fostering collaboration and proactive thinking for enduring property management success   [21:30 - 28:22] Driving Success and Giving Back Gary unveils a strategic move; their recent acquisition of a substantial property in Tucson showcases their commitment to growth and innovationPhilanthropy takes center stage as Gary discusses his company's contributions to combat sex trafficking and support educationGary's book, "Best in Class," offers a comprehensive guide to multifamily real estate investments, while his podcast, "The Real Estate Investor Podcast," provides valuable insights and knowledge to empower listeners   Quotes:   "Nothing goes perfectly. And if you have that mindset, you're gonna do very well because it's always herding cats being proactive." - Gary Lipsky   "You cannot see what you don't measure." - Gary Lipsky     Connect with Gary through LinkedIn, Facebook, visit http://www.breakofdaycapital.com, or listen to The Real Estate Investor Podcast     Resources Mentioned: Best In Class (book): https://www.amazon.com/Best-Class-Multifamily-Mistakes-through/dp/1544520891   Causes proudly supported by Break Of Day Capital: https://breakofdaycapital.com/giving-back/     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.     Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
144: Building Conscious Wealth: Mindset, Education and Access to Opportunities with Bethany LaFlam
Aug 3 2023
144: Building Conscious Wealth: Mindset, Education and Access to Opportunities with Bethany LaFlam
Do you want to learn the Triad of Success? Cultivating the Right Mindset, Pursuing Education, and Embracing Opportunities! In this episode, real estate attorney Bethany LaFlam and Chad discuss the principles of building conscious wealth. They highlight three key elements: mindset, education, and access to opportunities. Emphasizing the significance of an abundance mindset, Bethany encourages continuous learning and investment in oneself through various educational resources. The conversation stresses the importance of leveraging networks and learning from others' experiences to identify potential opportunities and avoid repeating mistakes.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 11:34] Creating Conscious Wealth with Bethany LaFlam Chad Sutton invites Bethany Laflam, Managing Partner of Premier Law GroupBethany shares her passion for helping Main Street investors achieve conscious wealth, emphasizing intentional wealth creation that goes beyond financial gainsThey highlight the significance of mindset in the pursuit of conscious wealthCollaboration, playing to strengths, and building a supportive community are emphasized as key factors for achieving financial freedom   [11:35 - 20:49] Cultivating an Abundant Mindset  Bethany emphasizes the significance of adopting an abundance mindset to cultivate conscious wealth, stressing that there are abundant opportunities available for everyoneBethany encourages addressing limiting beliefs and building a sustainable growth-oriented mindset to navigate challenges positivelyThey highlight the significance of a supportive community and seeking guidance from like-minded individuals to borrow positivity during tough timesChad's real-world example demonstrates the value of maintaining a growth-oriented mindset to overcome obstacles and achieve conscious wealth-building goals   [20:49 - 34:00] Embracing Mindset, Education, and Opportunities Bethany emphasizes the significance of continuous education, stating that it doesn't always require formal education but can be achieved through various resourcesShe encourages listeners to invest in themselves by being part of communities and networksThe importance of maintaining the right mindset to embrace opportunities is highlightedFinally, they talked about the importance of maintaining the right mindset to recognize and embrace opportunities as they arise, ultimately contributing to successful wealth-building endeavors   Quotes:   "So in my mind, access to opportunities is using your network and finding where the people are that are doing the things you want to do using that education and applying it to figure out where you want to make your next move." - Bethany LaFlam   "Shift your strategy with the market, not because of it. Identify opportunities and mitigate risk now rather than later." - Bethany LaFlam       Connect with Bethany through LinkedIn, Youtube, or visit http://premierlawgroup.net E-mail: team@plglp.com     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
143: Strategies to Wise Property Investments with Jerome Myers
Aug 1 2023
143: Strategies to Wise Property Investments with Jerome Myers
Do you want to know what's happening in the Multifamily Market? Join Chad Sutton and Jerome Myers, an award-winning engineer, investor, mentor, and business strategist who helps founders navigate their Exit Paradox through his masterminds and coaching programs, in discussing the current state of the multifamily market. They emphasize the importance of cautious underwriting and risk-adjusted returns, warning against common pitfalls like underestimating renovation budgets and relying heavily on bridge debt. Jerome shares the value of empathy and grace in dealing with others and discusses his philanthropic efforts to create opportunities for students through a scholarship program. The episode concludes with practical insights into the first 90 days of a property takeover.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 10:46] Introducing Jerome Myers: Inspiring Journey from Corporate to Financial Freedom with Jerome Myers Chad welcomes Jerome Myers, and he shares[highlight=initial] his inspiring journey, dropping out of corporate America in 2016 and venturing into real estate investmentsFacing initial rejections from banks, Jerome found success in fixing and flipping properties, showcasing impressive returns from smaller investments in unconventional marketsJerome's podcast Dream Catchers features interviews with successful exits, offering valuable insights into various strategies for achieving financial freedom   [10:47 - 21:11] Cost Basis, Low Leverage, and Market Insights Chad and Jerome focus on the significance of cost basis and the risks of capital-intensive properties with high debt service burdens in uncertain marketsJerome's recent property refinancing experience highlights the importance of low leverage in the current market, while Chad discusses rising expenses like taxes and insurance in certain statesThey explore property price discovery, with a shift towards lenders restructuring loans instead of forcing sales, emphasizing the need for thorough due diligenceBoth stress the need for past performance analysis and understanding a property's business plan before investing.Caution is advised against relying solely on projected returns and appreciation   [21:12 - 31:24] Unveiling the Importance of Conservative Approaches and Operator Due Diligence Jerome and Chad stress the importance of realistic underwriting in real estate deals, cautioning against relying solely on impressive proformasThe episode highlights the significance of considering factors like debt type, cap rates, rehab budgets, and taxes when evaluating real estate investmentsListeners are encouraged to thoroughly vet operators and ensure they have the financial capacity to weather unexpected setbacks to protect their investments   [21:25 - 41:34] Philanthropy and Giving Back They stress the value of investing in performing properties to reduce risksJerome's empathic nature is described as his superpower, promoting empathy and kindness in business and lifeThe lesson learned from Jerome's divorce is about exercising grace and responsible use of powerJerome's philanthropy focuses on engineering scholarships, aiming to ease financial burdens for students.Listeners can download a book on property management within the first 90 days after acquisition from Jerome Myers' website   Quote: "You have to buy stuff that's performing now more than ever. If you're buying something that's really broken, and you don't have really deep pockets, you're setting yourself up for a lot of pain." - Jerome Myers   Connect with Jerome through LinkedIn, Facebook, or visit http://theexitparadox.com   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
142: Mastering the Mindset for Business Success with Rod Khleif
Jul 27 2023
142: Mastering the Mindset for Business Success with Rod Khleif
Did you know that 80 to 90% of success in any endeavor, including real estate, hinges on mindset and psychology? In this inspiring episode, Rod Khleif, a multiple business owner and philanthropist who is passionate about business, high performance, real estate, and giving back, shares his journey to success, emphasizing the power of mindset and the benefits of investing in multifamily properties. He highlights the significance of choosing the right peer group and offers strategies for building wealth through multifamily properties. Rod's superpower of communication shines as he motivates listeners to set clear goals and take action.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 09:33] Rod Khleif's Real Estate Journey and Lessons Learned Rod Khleif's inspiring story as a Dutch immigrant who found interest in real estate through his mother's investmentsRapidly building a vast real estate portfolio, Rod faced a $50 million loss during the 2008 financial crisis, learning the importance of tenant demographicsRod's recovery journey emphasizes the role of mindset and psychology in real estate success   [09:34 - 21:41] Lessons in Courage, Focus, and Success from Rod Khleif Rod Khleif shares how failures can be valuable learning experiences, encouraging listeners to embrace challenges and grow from themHe highlights the importance of courage and capital during economic downturns to seize profitable opportunitiesRod emphasizes that those with the right mindset and resources can make a fortune in times of opportunitySetting clear goals, maintaining focus, and operating with passion are key factors for real estate successLeveraging strengths and forming strategic partnerships are emphasized as essential for thriving in the multifamily market   [12:34 - 18:52] The Key to Success and Recovery Rod Khleif emphasizes the crucial role of a supportive peer group in one's success across various life aspects, including health, happiness, and financesHe urges listeners to be proactive in selecting their peer groups, cautioning against defaulting to old school or work friends without careful considerationRod advises being prepared and getting up to speed quickly to seize the opportunities that may arise amid potential headwinds and challenges   [18:53 - 32:57] The Key to Success and Recovery Rod Khleif's superpower lies in communication, nurtured by his avid reading habits and extensive vocabularyReflecting on his biggest failure, Rod shares the lessons learned from his first marriage, emphasizing the importance of selection and finding true happinessPhilanthropy takes center stage in Rod's life as he discusses the transformative power of giving back, having fed thousands of families and provided school supplies to local children   Quotes: "If you're listening and you're afraid of failing, fear regret, don't fear failure. We fail our way to success, and you never get attached to the vehicle. Your vehicle may fail or crash and burn, but you're not a failure, and it's super important that you distance yourself from whatever vehicle you're using." - Rod Khleif   "Life is about meaning, and you decide what meaning you place on something." - Rod Khleif   Connect with Rod through LinkedIn, Facebook, or visit http://www.rodkhleif.com, Bootcamp: http://multifamilybootcamp.com/ Code: Chad   Resources Mentioned: www.tinyhandsfoundation.org     LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
141: From Hotels to Multifamily with Andrea Foley
Jul 20 2023
141: From Hotels to Multifamily with Andrea Foley
How to Build Wealth through Multifamily Conversions? Today's guest is Andrea Foley, a commercial real estate investor with a background in retail who transitioned into commercial investing and private equity. Her firm, Generational Wealth Capital, currently has almost $15m in assets under management and has raised $3.3m in private equity. Throughout this episode, Andrea shares her experiences and expertise in multifamily conversions, real estate investing, and financial literacy. She discusses the key factors involved in converting hotels into multifamily units, emphasizing the importance of location, construction management, and understanding the target demographic. Andrea also highlights her entry into the car wash industry and the diverse investment opportunities it presents. Overall, this episode offers valuable insights into multifamily conversions, real estate investment strategies, and the pursuit of financial success while imparting the importance of financial education for future generations.   Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 11:53] Transforming Hotels to Affordable Homes Andrea Foley from Generational Wealth Capital discusses their unique strategy of converting old hotels into low-income multifamily housingBy focusing on scoping the projects properly and catering to their target clientele, they have achieved success in this redevelopment playShe explores the nuts and bolts of their successful multifamily redevelopment play, highlighting the challenges and rewards of converting hotels into affordable housing options   [11:52 - 21:36] Optimizing Hotel Conversions Andrea Foley emphasizes the importance of construction estimation in hotel conversions, ensuring necessary renovations are properly assessed for functional living spacesPracticality takes precedence over luxury amenities in these converted units, with a focus on providing essentials such as full-size fridges, countertop convection ovens, cooktops, and sinksUnderstanding the needs of the target demographic, budget-conscious individuals seeking affordable housing near major employment centers, is key to optimizing space, utilities, and amenities in hotel conversions   [21:37 - 31:34] Converting Hotels to Multifamily Properties and Exploring Car Wash Investments Andrea delves into the operational challenges faced during the construction phase of converting hotels into multifamily propertiesShe emphasizes the importance of a capable property management team to handle tenant management and construction coordinationAndrea also explores the investment potential of hotel-to-multifamily conversions, highlighting the long-term benefits, such as potential refinancing opportunities and equity multiples that can significantly increase investor returns.Additionally, Andrea discusses her foray into the car wash industry as an alternative investment avenue, combining commercial real estate with the potential for high cash flow and passive or active investor involvement   [31:35 - 39:13] Multifamily Conversions, Raising Millionaires, and the Power of Cash Flow Andrea shares her retail store pivot experience and the valuable lesson she learned about managing cash flowsShe introduces her podcast, "Raise Millionaires," focusing on teaching children about mindset and financial literacyAndrea highlights her unique superpower of being both creative and analyticalShe provides ways to connect with her through her websites and social media for real estate and car wash opportunities   Quote: "So we were like, how can we take something and make it more class B, maybe low-class B or high-class D, and still make it affordable? And really, that's where a hotel conversion comes into play." - Andrea Foley   Connect with Andrea through LinkedIn and Facebook or visit her website https://www.generationalwealthcapital.com/ and listen to her Podcast Raise Millionaires   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Quattro Capital invites you to join Agora: Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!
140: Networking at an Event with Dr. Erin Hudson
Jul 18 2023
140: Networking at an Event with Dr. Erin Hudson
Stop Exchanging Business Cards! Discover modern ways to exchange contact info without relying on traditional methods. In this dynamic episode, Chad and Dr. Erin Hudson share valuable insights and practical tips for effective networking at conferences and gatherings. They emphasize the importance of being approachable, asking powerful questions, and actively listening to establish meaningful connections. They also discuss personalized follow-up methods, disruptive introductions, and connecting with influential individuals while introducing innovative contact exchange strategies using smartphones and emphasizing the significance of remembering key details and fostering deeper connections during follow-ups.  This episode equips listeners with practical techniques to enhance their networking skills and achieve success in their professional endeavors.   [Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL! LinkedIn: /TeamQuattroCapitalInstagram: @TeamQuattroCapitalFacebook: @TeamQuattroCapitalWebsite: www.TheQuattroWay.com TikTok:@realestaterunwaypodcast   [00:00 - 10:18] Strategies for Effective Networking Chad and Dr. Erin Hudson explore effective strategies for working the room at conferences and gatherings, emphasizing the importance of being approachable and exuding positive energyThey discuss the significance of wearing a smile and projecting confidence to create a welcoming and inclusive environment in a room full of peopleThey stress the value of asking powerful questions that show genuine interest in others, such as inquiring about their current projects or goals at the conferenceBy actively listening to the responses and engaging in meaningful conversations, individuals can establish valuable connections and provide value in return   [10:19 - 20:28] Personalized Follow-up and Strategic Connections Chad and Erin emphasize the importance of follow-up after conferences, emphasizing the use of personalized videos or audio messages to make a lasting impression and foster meaningful connectionsThey also discuss the strategy of being a disruptor in a large group by initiating speed dating-style introductions, creating an inclusive environment where attendees can share their names and objectives for the conferenceBy mentioning recommendations from respected professionals, attendees can establish a positive impression and potentially form valuable relationshipsThe importance of being a connector and seeking opportunities to collaborate with like-minded professionals is emphasized for maximizing potential in the real estate industry   [10:20 - 29:49] Techniques for Connecting with Influential Individuals Emphasizing the value of standing out, Erin encourages genuine compliments and making others feel specialNoting the significance of paying attention to details, they suggest looking for accessories and appearance cues to identify potentially affluent individuals.Chad stresses the importance of status alignment when approaching influential people, finding common ground, or demonstrating knowledge about their interestsHighlighting the need for relationship-building and investing time in nurturing connections, they emphasize the importance of establishing trust with high-profile individuals   [29:50 - 46:36] Unveiling Innovative Contact Exchange Strategies and Memorable Follow-ups Erin’s and Chad’s innovative approach to sharing contact information, using the text replacement feature on iPhones and a digital business card link, ensure a seamless and efficient processTaking a selfie with someone can enhance networking interactions, making it easier to remember faces and create a more personal connectionErin explores the benefits of attending events with a partner or friend who can complement your strengths and help you make valuable introductions, amplifying the impact of your networking effortsThey highlight the importance of remembering key details from conversations and utilizing them as touchpoints when following up with contacts, fostering deeper connections, and demonstrating genuine interest in their lives and interests   Quotes: "Relationships matter, and they're gonna want to go through a little vetting process of you to make sure you're the real deal, and you're not somebody there that has an agenda to literally, hey, give me your money." - Dr. Erin Hudson   "You've just got to be front of mind, do something different, take initiative, not be afraid, speak up, be fun, and be confident. That is much more attractive for people to want to get on." - Dr. Erin Hudson   Connect with Erin through LinkedIn, Facebook, or visit https://www.thequattroway.com/dr-erin-hudson   LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com. Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.   Nectar: https://app.usenectar.com/quattro-capital   Entity Keeper:  Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!