Description

We’ve always seen banks as repositories of money. However, banks offer more than just being a storehouse. They can serve as a vehicle to kick start business endeavors, including real estate deals. The main idea that Johnny Nelson has taken away is that he can leverage other people’s money to fund his investments in real estate. Banks are one option, but there are more creative strategies that Johnny and other new investors can try to grow capital in this space.  

[00:01 - 03:32] Opening Segment 

• I welcome today’s guest, Johnny Nelson
• Why he’s looking to jump into real estate

[03:33 - 13:32] Why Investors Should Invest With You 

• Johnny talks about his first deal 
• The role of the bank in closing your deal 
• The secrets to convince equity partners to invest with you 

[13:33 - 24:17] Goal Alignment in Real Estate 

• The not-so enjoyable part of real estate investing 
• Align yourself with people who has the same goals as you 
• If you feel that you can’t close a deal alone, here’s what to do

[24:18 - 27:56] Closing Segment

• What you should look for in an investor 
• Final words

Tweetable Quotes:

“Experience is the way to the capital...it doesn’t matter how much money you have as long as you’ve got enough money to market for the deal.” - Jerome Myers

“The first thing that I wanna see is that they’ve done something to get the right education.” - Jerome Myers

Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3

Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB

Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC

Support the show

Are you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.