Latest / MPI Multifamily Commercial Real Estate Investing / Unlocking Success: The Importance of Networking and Events
Transcript
- 1:13Foreign.
- 1:16You're
- 1:17listening
- 1:17to
- 1:17the
- 1:18Master
- 1:18Passive
- 1:18Income
- 1:19Podcast
- 1:19Network.
- 1:23Hey
- 1:23guys,
- 1:23this
- 1:23is
- 1:24Charles
- 1:24Seaman
- 1:25here
- 1:25with
- 1:25Erica
- 1:25McNew
- 1:26and
- 1:26we're
- 1:26hosting
- 1:27the
- 1:27Master
- 1:27Passive
- 1:28Income
- 1:28Multifamily
- 1:29Podcast.
- 1:29And
- 1:30today
- 1:30we're
- 1:30going
- 1:30to
- 1:30be
- 1:30talking
- 1:31about
- 1:31a
- 1:31really
- 1:31important
- 1:32topic,
- 1:32the
- 1:32importance
- 1:33of
- 1:33networking
- 1:34and
- 1:34masterminds
- 1:35and
- 1:35all
- 1:35these
- 1:35different
- 1:35events
- 1:36that
- 1:36are
- 1:36out
- 1:36there.
- 1:37As
- 1:37we're
- 1:37recording
- 1:37this
- 1:38episode
- 1:38in
- 1:38September
- 1:392024,
- 1:40Erica
- 1:40and
- 1:40I
- 1:40are
- 1:40just
- 1:41coming
- 1:41off
- 1:41the
- 1:41first
- 1:42Root
- 1:43Club
- 1:43event
- 1:43in
- 1:43Charlotte,
- 1:44North
- 1:44Carolina.
- 1:44So
- 1:45we're
- 1:45really
- 1:45excited
- 1:45and
- 1:46that's
- 1:46kind
- 1:46of
- 1:46what
- 1:47led
- 1:47us
- 1:47to
- 1:47talking
- 1:47about
- 1:48this.
- 1:52Welcome
- 1:52to
- 1:52the
- 1:52Master
- 1:53Passive
- 1:53Income
- 1:54Multifamily
- 1:55Podcast
- 1:56where
- 1:56we
- 1:56guide
- 1:56you
- 1:56to
- 1:57invest
- 1:57in
- 1:57commercial
- 1:58real
- 1:58estate
- 1:58with
- 1:58a
- 1:59special
- 1:59focus
- 2:00on
- 2:00raising
- 2:00money
- 2:01from
- 2:01others
- 2:02to
- 2:02buy
- 2:02bigger
- 2:02and
- 2:03better
- 2:03deals.
- 2:04And
- 2:04now,
- 2:04here
- 2:04are
- 2:05your
- 2:05hosts,
- 2:05Charles
- 2:06seaman
- 2:06and
- 2:06Erica
- 2:07McNew.
- 2:10So,
- 2:11Erica,
- 2:11I
- 2:11know
- 2:11there's
- 2:11so
- 2:12many
- 2:12different
- 2:12things
- 2:12we
- 2:12can
- 2:13talk
- 2:13about,
- 2:13but
- 2:14from
- 2:14a
- 2:14high
- 2:14level,
- 2:15why
- 2:15is
- 2:15networking
- 2:16important?
- 2:17What
- 2:17should
- 2:17listeners
- 2:18take
- 2:18away
- 2:18from
- 2:18this?
- 2:19I
- 2:19think
- 2:19we
- 2:19all
- 2:19know
- 2:20your
- 2:20network
- 2:20is
- 2:20your
- 2:20network,
- 2:21and
- 2:21I
- 2:22found
- 2:22that
- 2:22to
- 2:22be
- 2:23very,
- 2:23very
- 2:23true.
- 2:24And
- 2:24in
- 2:24my
- 2:25journey
- 2:25in
- 2:25real
- 2:26estate
- 2:26for
- 2:26the
- 2:26last
- 2:2610
- 2:27years,
- 2:27a
- 2:27lot
- 2:28of
- 2:28the
- 2:28key
- 2:29moments
- 2:30where
- 2:30I
- 2:30was
- 2:30able
- 2:30to
- 2:30move
- 2:31forward
- 2:31and
- 2:32continue
- 2:32progress
- 2:33with
- 2:33anything
- 2:33that
- 2:33I
- 2:33was
- 2:34looking
- 2:34into
- 2:34and
- 2:34doing
- 2:35was
- 2:35due
- 2:35to
- 2:35a
- 2:36relationship
- 2:36typically
- 2:37that
- 2:37I
- 2:37met
- 2:37through
- 2:37a
- 2:37networking
- 2:38event.
- 2:38So
- 2:39networking
- 2:39events
- 2:39have
- 2:40completely
- 2:40changed
- 2:40my
- 2:40life.
- 2:41I
- 2:41started
- 2:42going
- 2:42to
- 2:42them
- 2:42early
- 2:42on
- 2:42in
- 2:43real
- 2:43estate
- 2:43in
- 2:432016.
- 2:44I've
- 2:45probably
- 2:45been
- 2:45to,
- 2:46I'd
- 2:46say
- 2:46probably
- 2:47over
- 2:47almost
- 2:4850
- 2:48plus
- 2:48conferences
- 2:49since
- 2:50that
- 2:50time
- 2:50and
- 2:51a
- 2:51variety
- 2:51of
- 2:51different
- 2:52conferences
- 2:53from
- 2:53wholesaling
- 2:54to
- 2:54commercial
- 2:55real
- 2:55estate
- 2:55to
- 2:56sub
- 2:56two
- 2:56community.
- 2:57So
- 2:57I've
- 2:57been
- 2:57to
- 2:57tons
- 2:58of
- 2:58these
- 2:58different
- 2:58events
- 2:58and
- 2:59a
- 2:59lot
- 2:59of
- 2:59the
- 2:59progress
- 3:00I've
- 3:00made
- 3:00throughout
- 3:01my
- 3:01career
- 3:01was
- 3:01directly
- 3:02due
- 3:02to
- 3:02a
- 3:02relationship
- 3:03from
- 3:03one
- 3:03of
- 3:03them.
- 3:04So
- 3:04I
- 3:04think
- 3:04that
- 3:04it
- 3:04kind
- 3:05of
- 3:05catapults
- 3:05you
- 3:06when
- 3:06you
- 3:06get
- 3:06around
- 3:06the
- 3:06right
- 3:06people.
- 3:07So
- 3:07that's
- 3:07really
- 3:08interesting.
- 3:08So
- 3:09using
- 3:09these
- 3:09events,
- 3:10you
- 3:10would
- 3:10say
- 3:10that
- 3:10a
- 3:10lot
- 3:11of
- 3:11the
- 3:11success
- 3:11you've
- 3:11had
- 3:11in
- 3:11this
- 3:12industry
- 3:12has
- 3:12actually
- 3:12come
- 3:13from.
- 3:13Absolutely,
- 3:14yes,
- 3:14absolutely.
- 3:15And
- 3:15I
- 3:15think
- 3:16that
- 3:16what's
- 3:16really
- 3:16cool,
- 3:17especially
- 3:17as
- 3:17a
- 3:18real
- 3:18estate
- 3:18broker,
- 3:19is
- 3:19so
- 3:19many
- 3:19people
- 3:19get
- 3:20into
- 3:20real
- 3:20estate
- 3:20and
- 3:20think
- 3:20that
- 3:20they
- 3:21need
- 3:21to
- 3:21cold
- 3:21call
- 3:21and
- 3:21door
- 3:22knock.
- 3:22And
- 3:22while
- 3:22I
- 3:22absolutely
- 3:23agree
- 3:23those
- 3:24are
- 3:24amazing
- 3:25ways
- 3:25to
- 3:25get
- 3:25business,
- 3:26networking
- 3:26events
- 3:26has
- 3:27been
- 3:27something
- 3:27I've
- 3:27always
- 3:27done
- 3:28that
- 3:28doesn't
- 3:28feel
- 3:28like
- 3:28work.
- 3:29It's
- 3:29fun.
- 3:30I
- 3:30enjoy
- 3:30it.
- 3:31You
- 3:31know,
- 3:31like
- 3:31they
- 3:32give
- 3:32you
- 3:32a
- 3:32free
- 3:32drink
- 3:32ticket
- 3:33every
- 3:33once
- 3:33in
- 3:33a
- 3:33while
- 3:34and
- 3:34who
- 3:34doesn't
- 3:34want
- 3:34that?
- 3:34So
- 3:35it's
- 3:35like
- 3:35it's
- 3:35an
- 3:35Enjoyable
- 3:36thing
- 3:36that
- 3:37technically
- 3:37is
- 3:37lead
- 3:38generation
- 3:38for
- 3:38me
- 3:38as
- 3:38a
- 3:39broker
- 3:39and.
- 3:40But
- 3:40one
- 3:40that
- 3:40I
- 3:40enjoy
- 3:41so
- 3:41much.
- 3:41It
- 3:41doesn't
- 3:41feel
- 3:41like
- 3:41work.
- 3:42So
- 3:42love
- 3:43them
- 3:43for
- 3:43that
- 3:43reason.
- 3:44Awesome.
- 3:44Well,
- 3:45let's
- 3:45get
- 3:45into
- 3:45it
- 3:45a
- 3:45little
- 3:45bit
- 3:46because,
- 3:46you
- 3:46know,
- 3:46networking,
- 3:47obviously
- 3:47is
- 3:47very
- 3:48important,
- 3:48you
- 3:48know,
- 3:48for
- 3:49me,
- 3:49too,
- 3:49it's
- 3:49something
- 3:49that's
- 3:50been
- 3:50very
- 3:50key,
- 3:50and
- 3:51you
- 3:51have
- 3:51to.
- 3:52You
- 3:52know,
- 3:52one
- 3:52of
- 3:52the
- 3:52things
- 3:52that's
- 3:53really
- 3:53important
- 3:53is
- 3:53you
- 3:53have
- 3:53to
- 3:54figure
- 3:54out
- 3:54what
- 3:54you
- 3:55want
- 3:55at
- 3:55an
- 3:55event,
- 3:55Right?
- 3:56So
- 3:56you
- 3:56can
- 3:56go
- 3:56to
- 3:56an
- 3:56event,
- 3:57you
- 3:57can
- 3:57meet
- 3:5720
- 3:57people
- 3:58and
- 3:59not
- 3:59follow
- 3:59up
- 3:59with
- 4:00them,
- 4:00and
- 4:00then
- 4:00you
- 4:00kind
- 4:00of
- 4:00waste
- 4:01your
- 4:01time.
- 4:01You
- 4:01need
- 4:01to
- 4:01be
- 4:01very
- 4:02intentional
- 4:02with
- 4:02what
- 4:02you're
- 4:02doing.
- 4:03You
- 4:03need
- 4:03to
- 4:03be
- 4:03planning
- 4:04who
- 4:04you
- 4:04want
- 4:04to
- 4:04meet,
- 4:05what
- 4:05you're
- 4:05hoping
- 4:05to
- 4:06get
- 4:06out
- 4:06of
- 4:06them,
- 4:06what
- 4:06you
- 4:06can
- 4:07offer
- 4:07them,
- 4:07and
- 4:08most
- 4:08importantly,
- 4:09you
- 4:09need
- 4:09to
- 4:09follow
- 4:09up
- 4:09after
- 4:10the
- 4:10event
- 4:10ends,
- 4:10because
- 4:11if
- 4:11you
- 4:11don't
- 4:11do
- 4:11that,
- 4:11then
- 4:11it's
- 4:12all
- 4:12for
- 4:12not.
- 4:12So
- 4:12you
- 4:12got
- 4:13to
- 4:13do
- 4:13that.
- 4:13What
- 4:13should
- 4:13people
- 4:14be
- 4:14taking
- 4:14away
- 4:14from
- 4:15this?
- 4:15Well,
- 4:15let's
- 4:15talk
- 4:16about
- 4:16how
- 4:16you
- 4:16can
- 4:16leverage
- 4:17networking
- 4:17events
- 4:17for
- 4:18real
- 4:18estate
- 4:18success.
- 4:19So
- 4:19the
- 4:19first
- 4:20thing
- 4:20we
- 4:20mentioned
- 4:20is
- 4:20the
- 4:21right
- 4:21events.
- 4:22So
- 4:22you
- 4:22need
- 4:23to
- 4:23have
- 4:23a
- 4:24clear
- 4:24picture
- 4:24of
- 4:24what
- 4:25you
- 4:25want.
- 4:25If
- 4:25you're
- 4:26looking
- 4:27to
- 4:27buy
- 4:27your
- 4:28first
- 4:28single
- 4:28family
- 4:28property,
- 4:29or
- 4:29if
- 4:29you're
- 4:29looking
- 4:29to
- 4:30go
- 4:30out
- 4:30there
- 4:30and
- 4:30buy
- 4:30a
- 4:31duplex,
- 4:31or
- 4:31if
- 4:31you're
- 4:31looking
- 4:32to
- 4:32buy
- 4:32a
- 4:32$50
- 4:33million
- 4:33apartment
- 4:34building,
- 4:34they're
- 4:34going
- 4:34to
- 4:34be
- 4:35very
- 4:35different
- 4:35events.
- 4:36Generally,
- 4:36while
- 4:36there
- 4:36will
- 4:36be
- 4:37some
- 4:37crossover,
- 4:38usually
- 4:38those
- 4:38crowds
- 4:39are
- 4:39going
- 4:39to
- 4:39be
- 4:40in
- 4:40different
- 4:40spots.
- 4:41So
- 4:41the
- 4:42old
- 4:42saying,
- 4:42birds
- 4:42with
- 4:43feather
- 4:43flock
- 4:44together.
- 4:44So
- 4:45same
- 4:45thing
- 4:45that
- 4:45applies
- 4:46at
- 4:46these
- 4:46events.
- 4:46Figure
- 4:47out
- 4:47what
- 4:47you
- 4:47want
- 4:48and
- 4:48who
- 4:48you
- 4:49need
- 4:49to
- 4:49meet
- 4:49to
- 4:49be
- 4:49successful.
- 4:50I
- 4:50totally
- 4:51agree.
- 4:51When
- 4:51I
- 4:52actually,
- 4:52in
- 4:522022,
- 4:54I
- 4:54had
- 4:54a
- 4:55need
- 4:55to
- 4:55raise
- 4:55capital
- 4:56for
- 4:56my
- 4:56company
- 4:56at
- 4:56that
- 4:57time
- 4:57and
- 4:57strategically
- 4:58went
- 4:59to
- 4:59commercial
- 5:00events,
- 5:00in
- 5:00particular,
- 5:01knowing
- 5:01that
- 5:02I
- 5:02would
- 5:02be
- 5:02meeting
- 5:02commercial
- 5:03brokers
- 5:03that
- 5:03potentially
- 5:04were
- 5:04doing
- 5:04syndications.
- 5:05And
- 5:05I
- 5:05knew
- 5:06that
- 5:06was
- 5:06where
- 5:06I
- 5:06more
- 5:07than
- 5:07likely
- 5:07would
- 5:07find
- 5:08my
- 5:08resource
- 5:08for
- 5:09capital,
- 5:09and
- 5:09I
- 5:09was
- 5:10correct
- 5:10on
- 5:10that.
- 5:11So
- 5:11I
- 5:11agree.
- 5:12Like
- 5:12identifying
- 5:13what
- 5:13your
- 5:13need
- 5:13is
- 5:13currently
- 5:14and
- 5:14then
- 5:14making
- 5:15sure
- 5:15that
- 5:15the
- 5:15events
- 5:15that
- 5:16you're
- 5:16trying
- 5:16to
- 5:16attend
- 5:16match
- 5:17that
- 5:17need.
- 5:17Wholesaling
- 5:18in
- 5:182016,
- 5:19I
- 5:19had
- 5:19barely
- 5:19any
- 5:20money
- 5:20but
- 5:20wanted
- 5:20to
- 5:20do
- 5:21real
- 5:21estate
- 5:21investing.
- 5:21So
- 5:22I
- 5:22took
- 5:22a
- 5:22wholesaling
- 5:22course.
- 5:23Right.
- 5:23So
- 5:23I
- 5:24think
- 5:24that's
- 5:24really
- 5:25important.
- 5:25Identifying
- 5:26your
- 5:26need
- 5:26and
- 5:26then
- 5:26matching
- 5:26the
- 5:27event
- 5:27that
- 5:27you're
- 5:27going
- 5:27to
- 5:28and
- 5:28finding
- 5:28these
- 5:28events
- 5:29is
- 5:29pretty
- 5:30simple,
- 5:30too,
- 5:31I'd
- 5:31say.
- 5:31Right,
- 5:31Charles?
- 5:32It
- 5:32can
- 5:33be.
- 5:33What
- 5:33are
- 5:33some
- 5:33of
- 5:33the
- 5:34ways
- 5:34you
- 5:34used
- 5:34to
- 5:34find
- 5:34events?
- 5:35I
- 5:35love,
- 5:36love
- 5:36love
- 5:37meetup.com
- 5:38I
- 5:38go
- 5:38on
- 5:38there
- 5:38often
- 5:39Eventbrite.
- 5:39I
- 5:40just
- 5:40go
- 5:40on
- 5:40eventbrite
- 5:40and
- 5:40meetup.com
- 5:41and
- 5:41just
- 5:41start
- 5:42typing
- 5:42in
- 5:42real
- 5:42estate,
- 5:43see
- 5:43what
- 5:43pops
- 5:43up.
- 5:44And
- 5:44that's
- 5:44how
- 5:44I
- 5:44found
- 5:45a
- 5:45lot
- 5:45of
- 5:45the
- 5:45great
- 5:46local
- 5:46networking
- 5:46events
- 5:47that
- 5:47I
- 5:47go
- 5:47to.
- 5:47In
- 5:47particular,
- 5:48I
- 5:48also
- 5:48make
- 5:49sure
- 5:49to
- 5:49follow
- 5:49certain
- 5:50people
- 5:50on
- 5:50social
- 5:50media.
- 5:51So,
- 5:52you
- 5:52know,
- 5:52investors
- 5:52especially
- 5:53that
- 5:53are
- 5:53on
- 5:53Instagram,
- 5:54I'm
- 5:54always
- 5:55following
- 5:55them.
- 5:55A
- 5:55lot
- 5:55of
- 5:56them
- 5:56will
- 5:56host
- 5:56events
- 5:57which
- 5:57I
- 5:57can
- 5:57then
- 5:57see
- 5:58through
- 5:58their
- 5:58Instagram.
- 5:59So
- 5:59just
- 5:59making
- 6:00sure
- 6:00you're
- 6:00connecting
- 6:01in
- 6:01the
- 6:01right
- 6:01circles,
- 6:02that
- 6:02totally
- 6:02goes
- 6:02a
- 6:03long
- 6:03way.
- 6:03You
- 6:03know,
- 6:03I
- 6:04probably
- 6:04think
- 6:04a
- 6:04little
- 6:04more
- 6:04of
- 6:04an
- 6:05old
- 6:05fashioned
- 6:05approach,
- 6:05but
- 6:05I
- 6:06think
- 6:06Eric
- 6:06is
- 6:06a
- 6:06little
- 6:06more
- 6:07tech
- 6:07savvy
- 6:07and
- 6:07sophisticated
- 6:08than
- 6:08I
- 6:08am.
- 6:09Most
- 6:09times
- 6:09I
- 6:09just
- 6:09ask
- 6:10people,
- 6:10you
- 6:10know,
- 6:11what
- 6:11events
- 6:11I
- 6:11should
- 6:11be
- 6:11going
- 6:12to.
- 6:12And
- 6:13you
- 6:13know,
- 6:13one
- 6:13of
- 6:13the
- 6:13things
- 6:13I've
- 6:14always
- 6:14done
- 6:14in
- 6:15real
- 6:15estate
- 6:15and
- 6:15really
- 6:15with
- 6:16anything
- 6:16I
- 6:16do
- 6:16is
- 6:16I
- 6:17quickly
- 6:17identify
- 6:18who
- 6:18I
- 6:18need
- 6:18to
- 6:18be
- 6:19around.
- 6:19And
- 6:20then
- 6:20I,
- 6:20then
- 6:20I'm
- 6:21like
- 6:21a
- 6:21sponge
- 6:21and
- 6:22I
- 6:22stick
- 6:22to
- 6:22those
- 6:22people
- 6:23and
- 6:23I
- 6:23figure
- 6:24out,
- 6:24you
- 6:24know,
- 6:25what
- 6:25they're
- 6:25doing,
- 6:25who
- 6:26they're
- 6:26associating
- 6:26with.
- 6:27And
- 6:27I
- 6:27try
- 6:28to
- 6:28replicate
- 6:28that
- 6:28as
- 6:28closely
- 6:29as
- 6:29possible
- 6:29so
- 6:29that
- 6:30way
- 6:30I
- 6:30can
- 6:30figure
- 6:30out
- 6:31what
- 6:31the
- 6:31right
- 6:31things
- 6:31to
- 6:32attend
- 6:32are.
- 6:33Very
- 6:33neat.
- 6:33Yep.
- 6:34And
- 6:34I
- 6:34guess
- 6:34when
- 6:34you're
- 6:34going
- 6:35to
- 6:35these
- 6:35events,
- 6:35one
- 6:35of
- 6:36the
- 6:36most
- 6:36important
- 6:36things
- 6:37is
- 6:37creating
- 6:38value.
- 6:39So
- 6:39I,
- 6:39at
- 6:39the
- 6:40very
- 6:40beginning
- 6:40I
- 6:40would
- 6:40go
- 6:41to
- 6:41a
- 6:41lot
- 6:41of
- 6:41events
- 6:41and
- 6:42just
- 6:42kind
- 6:42of
- 6:42like
- 6:42absorb
- 6:43everything
- 6:43I
- 6:43possibly
- 6:44could.
- 6:44And
- 6:45now
- 6:45when
- 6:45I
- 6:45go
- 6:45to
- 6:46events,
- 6:46I
- 6:47try
- 6:47to
- 6:47ensure
- 6:47that
- 6:48my
- 6:48elevator
- 6:48pitch
- 6:49demonstrates
- 6:49that
- 6:50I'm
- 6:50somebody
- 6:50that
- 6:50can
- 6:50create
- 6:51value
- 6:51for
- 6:51them.
- 6:52So,
- 6:52you
- 6:53know,
- 6:53I've
- 6:53made
- 6:53sure
- 6:53that
- 6:54my
- 6:54elevator
- 6:54pitch
- 6:54matches,
- 6:55matches
- 6:55which
- 6:55one
- 6:55of
- 6:55the
- 6:56events
- 6:56that
- 6:56I'm
- 6:56going
- 6:56to.
- 6:57And
- 6:57then
- 6:57how
- 6:57do
- 6:58you
- 6:58create
- 6:58value?
- 6:58I
- 6:58know
- 6:59you
- 6:59do
- 6:59a
- 6:59lot
- 6:59of
- 6:59these
- 6:59events
- 7:00as
- 7:00well.
- 7:00Yeah.
- 7:01So
- 7:01a
- 7:01lot
- 7:01of
- 7:01times
- 7:02what
- 7:02I,
- 7:02what
- 7:02I
- 7:02do
- 7:02is
- 7:03just
- 7:03go
- 7:03to
- 7:03events
- 7:04and
- 7:04listen
- 7:04to
- 7:04people.
- 7:04I
- 7:04see
- 7:05what
- 7:05they
- 7:05need,
- 7:05listen
- 7:05to,
- 7:06listen
- 7:06to
- 7:06what
- 7:06they're
- 7:07saying,
- 7:07listen
- 7:07to
- 7:07where
- 7:07they're
- 7:08struggling.
- 7:08Sometimes
- 7:08they've
- 7:09helped
- 7:09me
- 7:09as
- 7:09well.
- 7:09You
- 7:09know,
- 7:10there's
- 7:10events
- 7:11that
- 7:11I
- 7:11went
- 7:11through
- 7:12when
- 7:12I
- 7:12first
- 7:12started
- 7:12out
- 7:13in
- 7:13the
- 7:13space
- 7:13where
- 7:13it
- 7:13was
- 7:13like
- 7:14people
- 7:14would
- 7:14tell
- 7:14me
- 7:14they
- 7:14gave
- 7:15such
- 7:15great
- 7:15advice.
- 7:15I'm
- 7:16like,
- 7:16you
- 7:16know,
- 7:16and
- 7:16it's
- 7:16funny,
- 7:17like
- 7:17people
- 7:17come
- 7:17back
- 7:17and
- 7:17tell
- 7:18me
- 7:18they
- 7:18made
- 7:18money
- 7:18off
- 7:18my
- 7:18advice.
- 7:19I'm
- 7:19like,
- 7:19oh,
- 7:19why
- 7:19didn't
- 7:20I
- 7:20make
- 7:20money
- 7:20off
- 7:20it
- 7:21and
- 7:21maybe
- 7:21kind
- 7:21of
- 7:22rethink
- 7:22and
- 7:22re
- 7:23examine.
- 7:23So
- 7:24being
- 7:24around
- 7:25the
- 7:25right
- 7:25crowd
- 7:25and
- 7:26being
- 7:26around
- 7:26people,
- 7:26you
- 7:27just
- 7:27have
- 7:27to
- 7:27listen
- 7:27to
- 7:28what
- 7:28they
- 7:28need
- 7:28and
- 7:29figure
- 7:29out
- 7:29how
- 7:30to
- 7:30fill
- 7:30that
- 7:30gap.
- 7:31And
- 7:31I
- 7:31think
- 7:31that's
- 7:32with
- 7:32any
- 7:32problem.
- 7:32Right.
- 7:32You
- 7:32got
- 7:33to
- 7:33go
- 7:33out
- 7:33there
- 7:33and
- 7:33for
- 7:34lack
- 7:34of
- 7:34a
- 7:34better
- 7:34term,
- 7:34give
- 7:35the
- 7:35people
- 7:35what
- 7:35they
- 7:35want.
- 7:36Absolutely.
- 7:36And
- 7:37I
- 7:37think
- 7:37from
- 7:37the
- 7:38perspective
- 7:38of
- 7:38being
- 7:38a
- 7:39speaker
- 7:39at
- 7:39some
- 7:39of
- 7:39these
- 7:40events,
- 7:40in
- 7:40creating
- 7:41value.
- 7:41Absolutely.
- 7:42Identifying
- 7:43their
- 7:43needs
- 7:43through
- 7:44other
- 7:44networking
- 7:45events
- 7:45where
- 7:45you're
- 7:46just
- 7:46listening
- 7:46to
- 7:46where
- 7:46they're
- 7:47struggling,
- 7:47and
- 7:48then,
- 7:48you
- 7:48know,
- 7:48strategically
- 7:49choosing
- 7:50what
- 7:50to
- 7:50speak
- 7:50about
- 7:51and
- 7:51targeting
- 7:52that
- 7:52avatar
- 7:53within
- 7:53the
- 7:53audience.
- 7:54So,
- 7:54for
- 7:54instance,
- 7:54like,
- 7:55I
- 7:55wouldn't
- 7:55go
- 7:55to
- 7:55a
- 7:55fix
- 7:56and
- 7:56flip
- 7:56conference
- 7:57and
- 7:57start
- 7:57talking
- 7:57about
- 7:57multifamily.
- 7:58Maybe
- 7:59I
- 7:59would
- 7:59if
- 7:59my
- 7:59intention
- 8:00was
- 8:00to
- 8:00be
- 8:01that
- 8:01niche
- 8:01person
- 8:01and
- 8:02draw
- 8:02the
- 8:02multifamily
- 8:03investors
- 8:04to
- 8:04myself.
- 8:04However,
- 8:04for
- 8:05the
- 8:05most
- 8:05part,
- 8:05I'm
- 8:05really
- 8:06trying
- 8:06to
- 8:06make
- 8:06sure
- 8:06that
- 8:06my
- 8:06speech
- 8:07matches
- 8:08the
- 8:08avatar
- 8:08of
- 8:08who's
- 8:08in
- 8:08the
- 8:09audience
- 8:09and
- 8:09that
- 8:10it's
- 8:10creating
- 8:10the
- 8:10most
- 8:10value
- 8:11and
- 8:11helping
- 8:11them
- 8:11to
- 8:12overcome
- 8:12some
- 8:12of
- 8:12the
- 8:12struggles
- 8:13that
- 8:13I
- 8:13know
- 8:13that
- 8:14they're
- 8:14having
- 8:14through
- 8:15listening.
- 8:16One
- 8:16of
- 8:16the
- 8:16things
- 8:17I
- 8:17think
- 8:17you
- 8:17find
- 8:17by
- 8:17going
- 8:18to
- 8:18these
- 8:18events
- 8:18is
- 8:19a
- 8:19lot
- 8:19of
- 8:19times
- 8:20as
- 8:20investors
- 8:20or
- 8:20business
- 8:21owners,
- 8:21we
- 8:21think
- 8:21that
- 8:22we're
- 8:22kind
- 8:22of
- 8:22on
- 8:22an
- 8:23island
- 8:23by
- 8:23ourselves,
- 8:24and
- 8:24maybe
- 8:24some
- 8:24of
- 8:25us
- 8:25even
- 8:25like
- 8:25it
- 8:25that
- 8:25way.
- 8:25Admittedly,
- 8:26I
- 8:26kind
- 8:26of
- 8:26do
- 8:26sometimes.
- 8:27But
- 8:27what
- 8:28you
- 8:28realize
- 8:28is
- 8:28getting
- 8:29around
- 8:29other
- 8:29people
- 8:29is
- 8:30that
- 8:30you're
- 8:30not
- 8:30the
- 8:30only
- 8:31one
- 8:31having
- 8:31these
- 8:32struggles.
- 8:32There's
- 8:33other
- 8:33people
- 8:33that
- 8:33are
- 8:33having
- 8:34the
- 8:34same
- 8:34doubts.
- 8:34There's
- 8:34other
- 8:35people
- 8:35that
- 8:35are
- 8:35having
- 8:35the
- 8:35same
- 8:36challenges.
- 8:36So
- 8:37by
- 8:37getting
- 8:37together
- 8:38at
- 8:38these
- 8:38events,
- 8:39it
- 8:39gives
- 8:39you
- 8:39a
- 8:39chance
- 8:39to
- 8:40exchange
- 8:40information.
- 8:41So
- 8:41aside
- 8:41from
- 8:42just
- 8:42networking
- 8:42and
- 8:42building
- 8:42relationships,
- 8:43you
- 8:43can.
- 8:44You
- 8:44can
- 8:44exchange
- 8:44ideas.
- 8:45You
- 8:45know,
- 8:45maybe
- 8:45somebody's
- 8:46faced
- 8:46that
- 8:46same
- 8:47problem.
- 8:47Maybe
- 8:47they
- 8:47figured
- 8:48out
- 8:48how
- 8:48to
- 8:48overcome
- 8:48it,
- 8:48and
- 8:49maybe
- 8:49they
- 8:49can
- 8:50offer
- 8:50you
- 8:50insight
- 8:51from
- 8:51their
- 8:51own
- 8:52path
- 8:52and
- 8:52their
- 8:52own
- 8:52successes
- 8:53that
- 8:53you
- 8:53can
- 8:53use
- 8:53in
- 8:53your
- 8:54business
- 8:54and
- 8:54your
- 8:54journey.
- 8:55Absolutely.
- 8:56Something
- 8:57else,
- 8:57I
- 8:57think,
- 8:57kind
- 8:58of
- 8:58before
- 8:58we
- 8:58move
- 8:58on
- 8:58to
- 8:58the
- 8:59next
- 8:59point.
- 8:59So
- 9:00a
- 9:00lot
- 9:00of
- 9:00times
- 9:00when
- 9:00you're
- 9:01going
- 9:01to
- 9:01these
- 9:01networking
- 9:02events,
- 9:02in
- 9:02the
- 9:02past,
- 9:03they
- 9:03were
- 9:03all
- 9:04in
- 9:04person
- 9:04events,
- 9:04but
- 9:05obviously
- 9:05in
- 9:05the
- 9:06post
- 9:06pandemic
- 9:06world,
- 9:07things
- 9:07have
- 9:07changed
- 9:08quite
- 9:08a
- 9:08bit.
- 9:08And
- 9:08now
- 9:08there's
- 9:08a
- 9:09healthy
- 9:09mix
- 9:09of
- 9:09both
- 9:09in
- 9:10person
- 9:10and
- 9:10virtual
- 9:10events.
- 9:11You
- 9:11can
- 9:11build
- 9:11relationships
- 9:12with
- 9:12both.
- 9:13But
- 9:13what
- 9:13I
- 9:13would
- 9:13always
- 9:13tell
- 9:14you
- 9:14is
- 9:14if
- 9:14you
- 9:14have
- 9:14the
- 9:14opportunity
- 9:15to
- 9:15get
- 9:15in
- 9:16front
- 9:16of
- 9:16somebody
- 9:16in
- 9:16person,
- 9:17just
- 9:17builds
- 9:17the
- 9:17relationship
- 9:18that
- 9:18much
- 9:18deeper
- 9:19and
- 9:19that
- 9:19much
- 9:19faster.
- 9:20People
- 9:20begin
- 9:20to
- 9:20trust
- 9:21you
- 9:21more
- 9:21when
- 9:21you.
- 9:21When
- 9:22you
- 9:22look
- 9:22them
- 9:22in
- 9:22the
- 9:22eye
- 9:23and
- 9:23you
- 9:23shake
- 9:23their
- 9:23hand
- 9:23and
- 9:24you
- 9:24sit
- 9:24down,
- 9:24you
- 9:24have
- 9:25drinks,
- 9:25you
- 9:25have
- 9:25a
- 9:26meal
- 9:26that
- 9:26goes
- 9:26a
- 9:26long
- 9:27way
- 9:27towards
- 9:28Expediting
- 9:28that
- 9:28trust
- 9:29process.
- 9:29Absolutely
- 9:30agree.
- 9:30Ain't
- 9:31no
- 9:31school
- 9:31like
- 9:31the
- 9:31old
- 9:31school.
- 9:32That'S,
- 9:32that's
- 9:32this
- 9:33business.
- 9:33So
- 9:33let's
- 9:33talk
- 9:34about
- 9:34something
- 9:34else
- 9:34you
- 9:34mentioned
- 9:35there.
- 9:35He
- 9:35talked
- 9:35about
- 9:35creating
- 9:36value
- 9:36at
- 9:36Masterminds
- 9:37events.
- 9:38So
- 9:38you
- 9:38know,
- 9:38I
- 9:38know
- 9:39we
- 9:39were
- 9:39talking
- 9:39about
- 9:39that
- 9:40a
- 9:40little
- 9:40bit.
- 9:40What,
- 9:41what
- 9:41are
- 9:41some
- 9:41of
- 9:41the
- 9:42ways
- 9:42that
- 9:42you
- 9:42find
- 9:42that
- 9:42you
- 9:43create
- 9:43value
- 9:43when
- 9:43you
- 9:43go
- 9:43to
- 9:44events?
- 9:44So
- 9:44somebody
- 9:44listening
- 9:45that
- 9:45way
- 9:45maybe
- 9:46looking
- 9:46for
- 9:46some
- 9:46ideas
- 9:47to
- 9:47use
- 9:47at
- 9:48events
- 9:48that
- 9:48they
- 9:48go
- 9:48to?
- 9:49Yeah.
- 9:49So
- 9:50again,
- 9:50just
- 9:50depends
- 9:51on
- 9:51the
- 9:51actual
- 9:51event
- 9:52that
- 9:52I'm
- 9:52attending.
- 9:52So
- 9:53for
- 9:53instance,
- 9:53some
- 9:53of
- 9:53the
- 9:54events
- 9:54I've
- 9:54attended
- 9:54were
- 9:55for
- 9:55my
- 9:55company,
- 9:56Keller
- 9:56Williams.
- 9:57And
- 9:57with
- 9:57those
- 9:57events
- 9:58from
- 9:58the
- 9:58very
- 9:59beginning,
- 9:59I
- 9:59had
- 10:00T
- 10:00shirts
- 10:00made
- 10:01and
- 10:01it
- 10:01was
- 10:01T
- 10:02shirts
- 10:02with
- 10:02my
- 10:02little
- 10:02Bitmoji
- 10:03on
- 10:03it
- 10:04and
- 10:04my
- 10:04name,
- 10:04my
- 10:05number,
- 10:05my
- 10:05social
- 10:06media
- 10:06on
- 10:06the
- 10:06back.
- 10:07And
- 10:07I
- 10:07had
- 10:08so
- 10:08many
- 10:09people
- 10:09sending
- 10:09me
- 10:10pictures
- 10:10of
- 10:10the
- 10:10back
- 10:10of
- 10:11my
- 10:11shirt,
- 10:11following
- 10:11me
- 10:12on
- 10:12Instagram
- 10:12saying
- 10:13I'm
- 10:13so
- 10:13glad
- 10:13we
- 10:13connected.
- 10:14So
- 10:14the
- 10:15amount
- 10:15of
- 10:15people
- 10:15that
- 10:15stopped
- 10:16to
- 10:16say
- 10:16hi
- 10:16and
- 10:16were
- 10:17like,
- 10:17oh
- 10:17my
- 10:17God,
- 10:17your
- 10:17shirts.
- 10:18I
- 10:18wore
- 10:18those
- 10:18shirts
- 10:19now
- 10:19to
- 10:19many
- 10:19different
- 10:20conferences
- 10:21and
- 10:21always
- 10:21get
- 10:21that
- 10:22same
- 10:22result.
- 10:22I
- 10:22like
- 10:23that
- 10:23because
- 10:24at
- 10:24those
- 10:24conferences
- 10:25people
- 10:25do
- 10:25things
- 10:26like
- 10:26bring
- 10:26pens
- 10:27to
- 10:27give
- 10:27away
- 10:28or
- 10:28gift
- 10:28packages
- 10:29to
- 10:29give
- 10:29away
- 10:29with
- 10:29all
- 10:29their
- 10:30branding
- 10:30on
- 10:30it.
- 10:31And
- 10:31while
- 10:31I
- 10:31love
- 10:31that
- 10:32and
- 10:32I
- 10:32think
- 10:32that
- 10:32is
- 10:33brilliant,
- 10:33you
- 10:34have
- 10:34to
- 10:34be
- 10:34very
- 10:34careful
- 10:35of
- 10:35putting
- 10:36too
- 10:36much
- 10:36in
- 10:36on
- 10:36the
- 10:36front
- 10:37end
- 10:37of
- 10:37the
- 10:37event
- 10:38and
- 10:38not
- 10:38doing
- 10:38any
- 10:38follow
- 10:39up
- 10:39because
- 10:39you're
- 10:40not
- 10:40going
- 10:40to
- 10:40get
- 10:40anything
- 10:40out
- 10:41of
- 10:41all
- 10:41of
- 10:41those
- 10:41branded
- 10:41items
- 10:42that
- 10:42you
- 10:42just
- 10:42gave
- 10:42away.
- 10:43So
- 10:43in
- 10:43my
- 10:44opinion,
- 10:44I
- 10:44really
- 10:44love
- 10:45like
- 10:45you
- 10:45give
- 10:46a
- 10:46branded
- 10:46item,
- 10:46you
- 10:47collect
- 10:47content
- 10:47about
- 10:48contact
- 10:48information.
- 10:49The
- 10:49way
- 10:49that
- 10:49you
- 10:49collect
- 10:50contact
- 10:50information
- 10:51becomes
- 10:51extremely
- 10:52important
- 10:52as
- 10:52well.
- 10:53When
- 10:53you're
- 10:53meeting
- 10:5320,
- 10:5430
- 10:54people
- 10:54in
- 10:54one
- 10:55day
- 10:55that
- 10:55you
- 10:55want
- 10:56to
- 10:56follow
- 10:56up
- 10:56with
- 10:56after
- 10:57the
- 10:57event,
- 10:57you
- 10:58need
- 10:58some
- 10:58type
- 10:58of
- 10:58system
- 10:59before
- 10:59you
- 10:59go
- 11:00to
- 11:00make
- 11:00sure
- 11:00you
- 11:01can
- 11:01collect
- 11:01all
- 11:01of
- 11:01their
- 11:02information
- 11:02in
- 11:02one
- 11:02place
- 11:03and
- 11:03have
- 11:03it
- 11:04all
- 11:04consolidated
- 11:04to
- 11:05go
- 11:05back
- 11:05to.
- 11:06So
- 11:06I
- 11:06think
- 11:06that
- 11:07your
- 11:07system
- 11:08before
- 11:08you
- 11:08go,
- 11:09anything
- 11:09that
- 11:09you're
- 11:09trying
- 11:10to
- 11:10give
- 11:10away,
- 11:10your
- 11:10branded
- 11:11items
- 11:11or
- 11:12your
- 11:12T
- 11:12shirts,
- 11:12I
- 11:13think
- 11:13that
- 11:13stuff's
- 11:13super
- 11:13cool
- 11:14and
- 11:14it
- 11:14helps
- 11:15you
- 11:15kind
- 11:15of
- 11:15stand
- 11:16out
- 11:16from
- 11:16the
- 11:16crowd.
- 11:17Totally
- 11:18does.
- 11:18So
- 11:18let's
- 11:19also
- 11:19give
- 11:19a
- 11:20little
- 11:20bit
- 11:20of
- 11:20clarity.
- 11:21So
- 11:21for
- 11:21somebody
- 11:22who's
- 11:22brand
- 11:23new,
- 11:23Erica,
- 11:23when
- 11:24would
- 11:24they
- 11:24use
- 11:24a
- 11:24mastermind
- 11:25versus
- 11:25just
- 11:25attending
- 11:26like
- 11:26a
- 11:26networking
- 11:26or
- 11:27a
- 11:27meetup
- 11:27event?
- 11:28So
- 11:28in
- 11:29my
- 11:29opinion,
- 11:29when
- 11:30you're
- 11:30just
- 11:30starting
- 11:30out
- 11:30especially
- 11:31you
- 11:32are
- 11:32low
- 11:32on
- 11:32capital.
- 11:33And
- 11:34so
- 11:34I've
- 11:34seen
- 11:35a
- 11:35lot
- 11:35of
- 11:35people
- 11:35that
- 11:36go
- 11:36to
- 11:36a
- 11:36dozen
- 11:36networking
- 11:37events
- 11:37A
- 11:37year
- 11:38and
- 11:38are
- 11:38not
- 11:38actually
- 11:38doing
- 11:39enough
- 11:39business
- 11:39to
- 11:40have
- 11:40that
- 11:40much
- 11:41travel
- 11:41expenses,
- 11:42even
- 11:42if
- 11:42they're
- 11:42tax
- 11:43write
- 11:43offs.
- 11:43So
- 11:44I
- 11:44think
- 11:44that
- 11:44you,
- 11:44you
- 11:45definitely,
- 11:45in
- 11:45the
- 11:45beginning,
- 11:46you
- 11:46want
- 11:46to
- 11:46scale
- 11:47into
- 11:47networking
- 11:48events
- 11:48more
- 11:48by
- 11:48going
- 11:48to
- 11:49those
- 11:49local
- 11:49masterminds
- 11:50and
- 11:50meetups.
- 11:50Getting
- 11:51in
- 11:51with
- 11:51those
- 11:51local
- 11:51masterminds
- 11:52and
- 11:52meetups
- 11:52allow
- 11:53you
- 11:53to
- 11:53get
- 11:53the
- 11:53knowledge
- 11:53you
- 11:54need
- 11:54to
- 11:54start
- 11:54producing
- 11:55revenue.
- 11:56Now
- 11:56you
- 11:56can
- 11:56start
- 11:57proactively
- 11:58putting
- 11:58networking
- 11:59events
- 11:59on
- 11:59your
- 11:59calendar.
- 12:00There's
- 12:00been
- 12:01lots
- 12:01of
- 12:01networking
- 12:01events
- 12:02where
- 12:02I
- 12:02saw
- 12:02it,
- 12:03boom,
- 12:03bought
- 12:03the
- 12:03ticket,
- 12:04was
- 12:04flying
- 12:04out
- 12:04the
- 12:05next
- 12:05week.
- 12:06However,
- 12:06most
- 12:07of
- 12:07my
- 12:07networking
- 12:07events
- 12:08were
- 12:08proactively
- 12:09planned.
- 12:09I
- 12:10had
- 12:10them
- 12:10on
- 12:10the
- 12:10calendar,
- 12:11knew
- 12:11they
- 12:11were
- 12:11coming
- 12:11up
- 12:11within
- 12:12several
- 12:12months,
- 12:12and
- 12:12was
- 12:13able
- 12:13to
- 12:13prepare
- 12:13properly
- 12:14for
- 12:14them,
- 12:14keeping
- 12:14in
- 12:15mind
- 12:15the
- 12:15red
- 12:15light,
- 12:16green
- 12:16light
- 12:16on
- 12:16your
- 12:16expenses.
- 12:17And
- 12:17so
- 12:17I
- 12:17think
- 12:18that
- 12:18the
- 12:18local
- 12:18masterminds
- 12:19and
- 12:19meetups
- 12:19are
- 12:19like
- 12:20amazing
- 12:20for
- 12:20people
- 12:21scaling
- 12:21in
- 12:21and
- 12:22then
- 12:22one
- 12:22or
- 12:22two
- 12:23really
- 12:23great
- 12:23networking
- 12:24events
- 12:24a
- 12:24year
- 12:24that
- 12:25keeps
- 12:25you
- 12:25on
- 12:25track
- 12:25for
- 12:26your
- 12:26goals.
- 12:26High
- 12:26level
- 12:27of
- 12:27accountability
- 12:27around
- 12:28those
- 12:28groups.
- 12:28Yeah,
- 12:29absolutely.
- 12:29So.
- 12:30So
- 12:30one
- 12:30thing
- 12:30I
- 12:30think
- 12:30that's
- 12:31really
- 12:31important
- 12:31to
- 12:32take
- 12:32away
- 12:32is
- 12:32that,
- 12:32you
- 12:32know,
- 12:33there's
- 12:33a
- 12:33lot
- 12:33of
- 12:33different
- 12:34events
- 12:34out
- 12:34there,
- 12:34right?
- 12:35So
- 12:35you
- 12:35need
- 12:35to
- 12:35be
- 12:36selective,
- 12:36as
- 12:36Erica
- 12:37was
- 12:37saying,
- 12:37with
- 12:37the
- 12:37ones
- 12:37that
- 12:37you
- 12:38go
- 12:38to.
- 12:38Like,
- 12:38even
- 12:39when
- 12:39people
- 12:39ask
- 12:39me
- 12:39about
- 12:39like
- 12:40different
- 12:40multifamily
- 12:41conferences,
- 12:41like
- 12:41which
- 12:42ones
- 12:42they
- 12:42should
- 12:42attend,
- 12:42I'm
- 12:43like,
- 12:43well,
- 12:43look,
- 12:43nowadays
- 12:44there's
- 12:44so
- 12:44many
- 12:44different
- 12:45conferences
- 12:45and
- 12:45so
- 12:46many
- 12:46different
- 12:46events.
- 12:46You
- 12:46could
- 12:46probably
- 12:47find
- 12:47a
- 12:47different
- 12:47one
- 12:47to
- 12:47go
- 12:48to
- 12:48like
- 12:48every
- 12:48single
- 12:48weekend.
- 12:49And
- 12:49if
- 12:49you
- 12:49want
- 12:49to
- 12:49do
- 12:49that,
- 12:50good
- 12:50for
- 12:50you.
- 12:50That's
- 12:51not
- 12:51me.
- 12:51I
- 12:52usually
- 12:52pick
- 12:52a
- 12:52handful
- 12:53of
- 12:53them
- 12:53a
- 12:53year
- 12:53and
- 12:54I
- 12:54kind
- 12:54of
- 12:54say,
- 12:55okay,
- 12:55which
- 12:55ones
- 12:55do
- 12:55I
- 12:56think
- 12:56are
- 12:56going
- 12:56to
- 12:56give
- 12:56me
- 12:56the
- 12:56best
- 12:57bang
- 12:57for
- 12:57my
- 12:57buck,
- 12:57for
- 12:58who
- 12:58I
- 12:58want
- 12:58to
- 12:58be
- 12:58around?
- 12:59And
- 12:59you
- 12:59know,
- 12:59networking
- 13:00is
- 13:00always
- 13:00great,
- 13:01but
- 13:01you
- 13:01can
- 13:01quickly
- 13:01spend
- 13:02more
- 13:02money
- 13:03and
- 13:03what
- 13:03time
- 13:03on
- 13:04going
- 13:04to
- 13:04too
- 13:05many
- 13:05events
- 13:05versus
- 13:06just
- 13:06picking
- 13:06the
- 13:06ones
- 13:06that
- 13:07are
- 13:07going
- 13:07to
- 13:07give
- 13:07you
- 13:07that
- 13:08targeted
- 13:08approach.
- 13:09So
- 13:10be
- 13:10selective.
- 13:10And
- 13:11again,
- 13:11it
- 13:11comes
- 13:11down
- 13:11to
- 13:11figuring
- 13:12out
- 13:12what
- 13:12you
- 13:12want
- 13:12and
- 13:13then
- 13:13really
- 13:13honing
- 13:13in
- 13:14on
- 13:14it.
- 13:14So,
- 13:15like,
- 13:15for
- 13:15me,
- 13:15when
- 13:15I
- 13:15first
- 13:16started
- 13:16out,
- 13:16the
- 13:17events
- 13:17that
- 13:17I
- 13:17was
- 13:17looking
- 13:17to
- 13:18go
- 13:18to
- 13:18were
- 13:19people
- 13:19with
- 13:20events
- 13:20for
- 13:20people
- 13:20who
- 13:21were
- 13:21either
- 13:21just
- 13:21starting
- 13:21out
- 13:21or
- 13:22maybe
- 13:22a
- 13:22little
- 13:22bit
- 13:22ahead
- 13:22of
- 13:22me.
- 13:23There
- 13:23were
- 13:23largely
- 13:24multifamily
- 13:25or
- 13:25commercial
- 13:25real
- 13:26estate
- 13:26events
- 13:26and
- 13:26things
- 13:27that
- 13:27I
- 13:27was
- 13:27able
- 13:27to
- 13:27network
- 13:28with
- 13:28maybe
- 13:28somebody
- 13:28who
- 13:28was
- 13:29a
- 13:29little
- 13:29ahead
- 13:29of
- 13:29me,
- 13:29but
- 13:29not
- 13:30super
- 13:30ahead
- 13:30of
- 13:30me.
- 13:31Now
- 13:31the
- 13:31events
- 13:31I
- 13:32want
- 13:32to
- 13:32go
- 13:32to
- 13:32are
- 13:32probably
- 13:33family
- 13:33office
- 13:33events.
- 13:34They're,
- 13:34they're,
- 13:35they're
- 13:35really
- 13:35more
- 13:35finance
- 13:36event
- 13:36than
- 13:36commercial
- 13:37real
- 13:37estate.
- 13:37Because
- 13:37the,
- 13:38the
- 13:38people
- 13:38that
- 13:38I
- 13:39want
- 13:39to
- 13:39meet
- 13:40now
- 13:40are
- 13:40different
- 13:40than
- 13:40the
- 13:41people
- 13:41I
- 13:41wanted
- 13:41to
- 13:41meet
- 13:41five
- 13:42or
- 13:42ten
- 13:42years
- 13:42ago.
- 13:43Yeah,
- 13:43absolutely.
- 13:44It
- 13:44evolves
- 13:45for
- 13:45sure.
- 13:45Yeah.
- 13:46Yep.
- 13:46So
- 13:47let's
- 13:47talk
- 13:47about
- 13:47also
- 13:48virtual
- 13:48events,
- 13:49Erica.
- 13:49So
- 13:49that's,
- 13:49that's
- 13:50something
- 13:50that's
- 13:50obviously
- 13:51really
- 13:51had
- 13:52a
- 13:52major
- 13:52uptick
- 13:52in
- 13:53the
- 13:53last
- 13:53couple
- 13:53of
- 13:53years.
- 13:53I
- 13:54mean
- 13:54so
- 13:54many
- 13:54of
- 13:54our
- 13:54lives
- 13:55changed
- 13:55with
- 13:55the
- 13:55pandemic
- 13:55and
- 13:56you
- 13:56know,
- 13:56now
- 13:56we
- 13:57have
- 13:57all
- 13:57these,
- 13:57these
- 13:57wonderful
- 13:58virtual
- 13:58events.
- 13:59So
- 13:59how
- 13:59do
- 13:59you
- 14:00use
- 14:00virtual
- 14:00events
- 14:00versus
- 14:01like
- 14:01an
- 14:01in
- 14:01person
- 14:02meetup?
- 14:02Yeah,
- 14:03the
- 14:03virtual
- 14:03events
- 14:03for
- 14:04me
- 14:04have
- 14:04been
- 14:04more,
- 14:05more
- 14:05learning
- 14:06based
- 14:06than
- 14:07networking
- 14:07based.
- 14:08So
- 14:08if
- 14:08I
- 14:08get
- 14:08on
- 14:09a
- 14:09virtual
- 14:09event,
- 14:09like
- 14:09for
- 14:10instance,
- 14:10one
- 14:10of
- 14:11these
- 14:11larger
- 14:12funds
- 14:12that
- 14:13I
- 14:13know
- 14:13of
- 14:13actually
- 14:13was
- 14:14hosting
- 14:14an
- 14:14event
- 14:14around
- 14:15the
- 14:15interest
- 14:15rates
- 14:16that
- 14:16dropped
- 14:16and
- 14:17the
- 14:18repercussions
- 14:18of
- 14:18that
- 14:19and
- 14:19what
- 14:19we
- 14:19should
- 14:19anticipate
- 14:20because
- 14:20of
- 14:20that
- 14:20and
- 14:21just
- 14:21this
- 14:21whole
- 14:22economic
- 14:22prediction
- 14:23and
- 14:23that
- 14:23was
- 14:23a
- 14:23really
- 14:24timely
- 14:25virtual
- 14:25event
- 14:25to
- 14:25jump
- 14:25on.
- 14:26It
- 14:26wasn't
- 14:26for
- 14:26networking
- 14:26though,
- 14:27it
- 14:27was
- 14:27for
- 14:27knowledge.
- 14:28So
- 14:28a
- 14:28lot
- 14:28of
- 14:28the
- 14:28virtual
- 14:29events
- 14:29that
- 14:29I
- 14:30get
- 14:30on
- 14:30are
- 14:30more,
- 14:31I'm
- 14:31absorbing
- 14:32knowledge
- 14:32like
- 14:33you
- 14:33said
- 14:33though,
- 14:34like
- 14:34it's
- 14:34better
- 14:34to
- 14:35be
- 14:35in
- 14:35person.
- 14:35Especially
- 14:36for
- 14:36someone
- 14:36like
- 14:36me
- 14:36with
- 14:36adhd.
- 14:37I
- 14:37tend
- 14:38to
- 14:38like,
- 14:38you
- 14:38know,
- 14:38put
- 14:39the,
- 14:39to
- 14:39put,
- 14:40stop
- 14:40the
- 14:41video
- 14:41and
- 14:41walk
- 14:41off
- 14:42and
- 14:42do
- 14:42my
- 14:42thing
- 14:42and
- 14:42come
- 14:42back.
- 14:43So
- 14:43I
- 14:43like
- 14:44the
- 14:44in
- 14:44person
- 14:44because
- 14:44it
- 14:45keeps
- 14:45me
- 14:45where
- 14:45my
- 14:46feet
- 14:46are.
- 14:46However,
- 14:46the
- 14:47virtual
- 14:47networking
- 14:47is
- 14:48really,
- 14:48really
- 14:48good
- 14:48for
- 14:49knowledge
- 14:49absorption.
- 14:50Yep.
- 14:50Definitely
- 14:50could
- 14:51put
- 14:51it,
- 14:51you
- 14:51know,
- 14:51there,
- 14:52there
- 14:52are
- 14:52a
- 14:52lot
- 14:52of
- 14:53opportunities
- 14:53for
- 14:53virtual
- 14:54networking
- 14:54as
- 14:54well,
- 14:54but
- 14:55it
- 14:55just
- 14:55doesn't
- 14:55come
- 14:56off
- 14:56the.
- 14:57But
- 14:57I
- 14:57find
- 14:57that
- 14:57a
- 14:57lot
- 14:57of
- 14:58events,
- 14:58when
- 14:58you
- 14:58go
- 14:58there
- 14:59for
- 14:59virtual
- 15:00network
- 15:00and
- 15:00most
- 15:00people
- 15:01kind
- 15:01of
- 15:01drop
- 15:01off
- 15:01before
- 15:02the
- 15:02networking
- 15:02starts.
- 15:03Some
- 15:03of
- 15:03them
- 15:03maybe
- 15:04because
- 15:04they're
- 15:04just
- 15:05timid
- 15:05and
- 15:05they
- 15:05don't
- 15:06want
- 15:06to
- 15:06get
- 15:06out
- 15:06there
- 15:06and
- 15:06do
- 15:06the
- 15:06networking.
- 15:07Others
- 15:07because,
- 15:08you
- 15:08know,
- 15:08maybe
- 15:08the
- 15:08events
- 15:09run
- 15:09longer
- 15:09than
- 15:09they
- 15:09expected.
- 15:10That
- 15:10doesn't
- 15:10happen
- 15:11as
- 15:11much
- 15:11as
- 15:11an
- 15:11in
- 15:11person
- 15:12event.
- 15:12Usually
- 15:12when
- 15:12somebody
- 15:13goes
- 15:13in,
- 15:13they
- 15:13kind
- 15:13of
- 15:13dedicate
- 15:14that
- 15:14time.
- 15:14So
- 15:15you'll
- 15:15find
- 15:15the
- 15:16opportunities
- 15:16a
- 15:16little
- 15:16bit
- 15:16scarcer
- 15:17on
- 15:18the
- 15:18virtual
- 15:18site,
- 15:18but
- 15:19they
- 15:19still
- 15:19do
- 15:19exist
- 15:19and
- 15:20you
- 15:20can
- 15:20use
- 15:20them.
- 15:20So
- 15:20it's
- 15:21one,
- 15:21one
- 15:21tool
- 15:21in
- 15:21the
- 15:21toolbox.
- 15:22Let's
- 15:22talk
- 15:22about
- 15:23something
- 15:23else
- 15:23that's
- 15:23important.
- 15:24So
- 15:24one
- 15:25thing
- 15:25a
- 15:25lot
- 15:25of
- 15:25people
- 15:25do
- 15:26or
- 15:26aim
- 15:27to
- 15:27do
- 15:27with
- 15:27these
- 15:27events
- 15:28is
- 15:28they
- 15:28go
- 15:28there
- 15:28with
- 15:29the
- 15:29hope
- 15:30of
- 15:30finding
- 15:31funding
- 15:31sources
- 15:32for
- 15:32their
- 15:32deals.
- 15:33So
- 15:33what
- 15:33do
- 15:33you
- 15:33find
- 15:34works
- 15:34effectively
- 15:35for
- 15:35that,
- 15:35Erica?
- 15:35So
- 15:35somebody's
- 15:36just
- 15:36coming
- 15:36in
- 15:37to
- 15:37the
- 15:37industry
- 15:37and
- 15:37they're
- 15:38looking
- 15:38to
- 15:38get
- 15:38started.
- 15:39And
- 15:39let's
- 15:39say
- 15:40maybe
- 15:40they're
- 15:41hungry,
- 15:41maybe
- 15:41they
- 15:41have
- 15:41some
- 15:42knowledge,
- 15:42maybe
- 15:42they
- 15:43go
- 15:43find
- 15:43a
- 15:43deal,
- 15:44but
- 15:44they
- 15:44don't
- 15:44have
- 15:44the
- 15:44money
- 15:45to
- 15:45do
- 15:45that
- 15:45deal.
- 15:46How
- 15:46can
- 15:46they
- 15:46use
- 15:46one
- 15:46of
- 15:46these
- 15:47events
- 15:47or
- 15:47one
- 15:47of
- 15:47these
- 15:47groups
- 15:48to
- 15:48go
- 15:48out
- 15:49there
- 15:49and
- 15:49find
- 15:49funding
- 15:50sources
- 15:50for
- 15:50the
- 15:51deals?
- 15:51Yeah.
- 15:52So
- 15:52in
- 15:522022,
- 15:53I
- 15:54was
- 15:54looking
- 15:54for
- 15:54a
- 15:55syndication
- 15:55fund
- 15:56to
- 15:56be
- 15:56the
- 15:56investors
- 15:57for
- 15:57all
- 15:57the
- 15:57down
- 15:57payments
- 15:58for
- 15:58industrial
- 15:59and
- 15:59retail
- 15:59properties
- 16:00that
- 16:00we
- 16:00were
- 16:00going
- 16:00to
- 16:00purchase
- 16:01with
- 16:01an
- 16:01expansion.
- 16:02And
- 16:02so
- 16:02what
- 16:02I
- 16:02did
- 16:03is
- 16:03I
- 16:03created
- 16:03an
- 16:03offering
- 16:04memorandum
- 16:05for
- 16:05those
- 16:05that
- 16:05don't
- 16:05know.
- 16:05It's
- 16:06basically
- 16:06like
- 16:06a,
- 16:07like
- 16:07a
- 16:07flyer
- 16:08for
- 16:08whatever
- 16:09it
- 16:09is
- 16:09you're
- 16:09asking
- 16:09for,
- 16:10whatever
- 16:10project
- 16:11it
- 16:11is
- 16:11that
- 16:11you're
- 16:11asking
- 16:12for
- 16:12and
- 16:12what
- 16:12you
- 16:12anticipate
- 16:13returns
- 16:13to
- 16:13be
- 16:13and
- 16:14all
- 16:14that
- 16:14good
- 16:14stuff.
- 16:14So
- 16:15I
- 16:15created
- 16:15an
- 16:15offering
- 16:16memorandum
- 16:16for
- 16:17what
- 16:17we
- 16:17needed.
- 16:17And
- 16:18then
- 16:18I
- 16:18actually
- 16:18put
- 16:18it
- 16:19on
- 16:19a
- 16:19QR
- 16:19code
- 16:20and
- 16:20I
- 16:20had
- 16:20it
- 16:20on
- 16:21my
- 16:21phone
- 16:21on
- 16:21the
- 16:21front
- 16:22screen.
- 16:22And
- 16:23so
- 16:23when
- 16:23I
- 16:23would
- 16:23meet
- 16:24people
- 16:24that
- 16:24I
- 16:24was
- 16:24like,
- 16:25oh,
- 16:25this
- 16:25is
- 16:25potentially
- 16:26somebody
- 16:26that
- 16:26could
- 16:26be
- 16:26one
- 16:26of
- 16:26my
- 16:27investors,
- 16:27I'd
- 16:28be
- 16:28like,
- 16:28hey,
- 16:28here's
- 16:28my
- 16:28offering
- 16:29memorandum.
- 16:29Go
- 16:29ahead
- 16:30and
- 16:30scan
- 16:30here.
- 16:30And
- 16:31that
- 16:31was
- 16:31really,
- 16:31really,
- 16:32really
- 16:32impressive
- 16:33to
- 16:33the
- 16:33people
- 16:33that
- 16:34had
- 16:34the
- 16:34capital
- 16:34that
- 16:34I
- 16:35was
- 16:35trying
- 16:35to
- 16:35impress.
- 16:36So
- 16:37I
- 16:37think
- 16:37that
- 16:38having
- 16:38whatever
- 16:39it
- 16:39is
- 16:39you're
- 16:39asking,
- 16:39having
- 16:40clarity
- 16:40on
- 16:40what
- 16:40you
- 16:40want
- 16:41and
- 16:41what
- 16:41you're
- 16:41asking
- 16:42for
- 16:42before
- 16:43going
- 16:43into
- 16:43the
- 16:43event
- 16:44and
- 16:44then
- 16:44like
- 16:44keeping
- 16:45in
- 16:45mind
- 16:45you
- 16:46don't
- 16:46know
- 16:46what
- 16:46you
- 16:46don't
- 16:46know.
- 16:47Right.
- 16:47So
- 16:47like,
- 16:48I
- 16:48had
- 16:48created
- 16:48that
- 16:49flyer
- 16:49and
- 16:50at
- 16:50that
- 16:50time
- 16:50I
- 16:50didn't
- 16:51know
- 16:51it
- 16:51was
- 16:51called
- 16:51an
- 16:51offering
- 16:52memorandum.
- 16:52I
- 16:52had
- 16:53just
- 16:53created
- 16:53a
- 16:53flyer
- 16:54of
- 16:54what
- 16:54I
- 16:54wanted.
- 16:54So
- 16:55like,
- 16:55keep
- 16:55in
- 16:55mind,
- 16:55like,
- 16:56you'll
- 16:56learn
- 16:56a
- 16:56lot
- 16:56and,
- 16:57and
- 16:57you
- 16:57stay
- 16:58humble
- 16:58in
- 16:58order
- 16:58to
- 16:59absorb
- 16:59that
- 16:59knowledge
- 17:00from
- 17:00others.
- 17:00But
- 17:01I
- 17:01think
- 17:01that
- 17:01being
- 17:02prepared
- 17:02for
- 17:02what
- 17:02you
- 17:03want
- 17:03to
- 17:03ask
- 17:03for
- 17:04and
- 17:04clarity
- 17:05on
- 17:05what
- 17:05you're
- 17:05asking
- 17:05for
- 17:06is
- 17:06critical
- 17:07before
- 17:07going
- 17:07into
- 17:07one
- 17:08of
- 17:08these
- 17:08events
- 17:08and
- 17:08trying
- 17:08to
- 17:08find
- 17:09capital.
- 17:09Yeah.
- 17:10So
- 17:10I
- 17:10think
- 17:10that's
- 17:11again,
- 17:11a
- 17:11great
- 17:11point
- 17:11that
- 17:12I
- 17:12think
- 17:12the
- 17:12listeners
- 17:13are
- 17:13probably
- 17:13picking
- 17:13up
- 17:13on
- 17:14a
- 17:14recurring
- 17:14theme
- 17:14we're
- 17:14talking
- 17:15about
- 17:15in
- 17:15this
- 17:15episode,
- 17:16and
- 17:16that's
- 17:16clarity.
- 17:17So
- 17:17whether
- 17:18it's
- 17:18the
- 17:18people
- 17:18you
- 17:18want
- 17:18to
- 17:19meet
- 17:19or
- 17:19the
- 17:19ask
- 17:20you
- 17:20have
- 17:20for
- 17:20a
- 17:20specific
- 17:21deal,
- 17:21you
- 17:21have
- 17:21to
- 17:22be
- 17:22clear
- 17:22on
- 17:22it.
- 17:22Because
- 17:22if
- 17:23you're
- 17:23not
- 17:23clear
- 17:23on
- 17:23it,
- 17:23nobody
- 17:24else
- 17:24will
- 17:24be
- 17:24clear
- 17:24on
- 17:24it
- 17:25either.
- 17:25Keep
- 17:25that
- 17:25in
- 17:25mind.
- 17:26So
- 17:27if
- 17:27you,
- 17:27if
- 17:27you
- 17:27go
- 17:28out
- 17:28and
- 17:28let's
- 17:28say
- 17:28you
- 17:28have
- 17:29a
- 17:29retailer,
- 17:30industrial
- 17:30or
- 17:3110
- 17:31unit
- 17:31apartment
- 17:32building
- 17:32under
- 17:32contract,
- 17:33where
- 17:34you
- 17:34have
- 17:34an
- 17:34offer
- 17:34on
- 17:35the
- 17:35table
- 17:35and
- 17:35you
- 17:35need
- 17:35that
- 17:36funding
- 17:36Source,
- 17:36you
- 17:36need
- 17:37to
- 17:37be
- 17:37prepared
- 17:37to
- 17:37tell
- 17:38people,
- 17:38this
- 17:38is
- 17:38what
- 17:39I'm
- 17:39offering.
- 17:39You
- 17:40know,
- 17:40this
- 17:40is
- 17:40how
- 17:41the
- 17:41partnership
- 17:41is
- 17:41going
- 17:41to
- 17:42be
- 17:42called
- 17:42up.
- 17:42This
- 17:42is
- 17:42how
- 17:43much
- 17:43money
- 17:43we
- 17:43need,
- 17:43this
- 17:44is
- 17:44when
- 17:44we
- 17:44need
- 17:44it.
- 17:44These
- 17:45are
- 17:45the
- 17:45return
- 17:45metrics
- 17:46on
- 17:46the
- 17:46deal.
- 17:47So
- 17:47know
- 17:47your
- 17:47information.
- 17:48If
- 17:48you
- 17:48go
- 17:48there
- 17:49unprepared,
- 17:49expect
- 17:50that
- 17:50you're
- 17:50going
- 17:50to
- 17:51get
- 17:51a
- 17:51result
- 17:51that's
- 17:51going
- 17:51to
- 17:51be
- 17:51disappointing.
- 17:52Do
- 17:52your
- 17:52homework,
- 17:53be
- 17:53prepared,
- 17:53look
- 17:54polished,
- 17:54be
- 17:54polished.
- 17:55And
- 17:55then
- 17:55oftentimes
- 17:56you'll
- 17:56find
- 17:56that
- 17:56you'll
- 17:56get
- 17:57a
- 17:57good
- 17:57result.
- 17:57It
- 17:57doesn't
- 17:58mean
- 17:58you
- 17:58got
- 17:58to
- 17:58get
- 17:58a
- 17:58yes
- 17:58100%
- 17:59of
- 17:59the
- 17:59time.
- 17:59Very
- 18:00few
- 18:00of
- 18:00us
- 18:00do
- 18:00that,
- 18:01probably
- 18:01none
- 18:01of
- 18:01us.
- 18:01But
- 18:02you'll
- 18:02at
- 18:02least
- 18:02get
- 18:03something
- 18:03that'll
- 18:04put
- 18:04you
- 18:04further
- 18:04in
- 18:04that
- 18:04direction
- 18:05and
- 18:05move
- 18:06you
- 18:06closer
- 18:06to
- 18:06the
- 18:06intended
- 18:07goal.
- 18:07Absolutely.
- 18:08So
- 18:09another
- 18:09thing
- 18:09that's
- 18:09always
- 18:10good
- 18:10to
- 18:10have
- 18:10these
- 18:10events
- 18:11is
- 18:11an
- 18:12elevator
- 18:12pitch.
- 18:12What
- 18:13is
- 18:13an
- 18:13elevator
- 18:13pitch,
- 18:13Erica?
- 18:14It's
- 18:14my
- 18:15quick,
- 18:15quick
- 18:1622nd
- 18:17who
- 18:17am
- 18:17I
- 18:17and
- 18:17why
- 18:17should
- 18:18you
- 18:18listen
- 18:18to
- 18:18me?
- 18:18And
- 18:18I
- 18:19think
- 18:19that's
- 18:19really,
- 18:19really
- 18:20important
- 18:20to
- 18:20have.
- 18:20Like
- 18:20I
- 18:21said,
- 18:21I
- 18:21actually,
- 18:22I
- 18:22amend
- 18:22it
- 18:23based
- 18:23on
- 18:24what
- 18:24kind
- 18:24of
- 18:24event
- 18:24I'm
- 18:25going
- 18:25to
- 18:25and
- 18:25who
- 18:25I'm
- 18:25speaking
- 18:26to.
- 18:26But
- 18:26my
- 18:26elevator
- 18:27pitch
- 18:27typically
- 18:28includes
- 18:29a
- 18:29couple
- 18:29words
- 18:29I
- 18:30know
- 18:30people
- 18:30won't
- 18:30quite
- 18:30understand
- 18:31and
- 18:31they'll
- 18:32get
- 18:32their
- 18:32attention.
- 18:33So
- 18:33I'll
- 18:33put
- 18:34you
- 18:34on
- 18:34the
- 18:34spot.
- 18:35So
- 18:35for
- 18:35the
- 18:35benefit
- 18:35of
- 18:35everybody
- 18:36listening
- 18:36here.
- 18:37Yes.
- 18:37What
- 18:37was
- 18:37your
- 18:38elevator
- 18:38pitch
- 18:38at
- 18:39this
- 18:39past
- 18:39Rule
- 18:39club
- 18:40event?
- 18:40So
- 18:40when
- 18:40you
- 18:40went
- 18:41into
- 18:41that
- 18:41event,
- 18:42met
- 18:42people,
- 18:43what
- 18:43did
- 18:43you
- 18:44use
- 18:44and
- 18:45how
- 18:45could
- 18:46somebody
- 18:46else
- 18:46use
- 18:46that
- 18:47for
- 18:47themselves?
- 18:47Absolutely.
- 18:48So
- 18:48going
- 18:48into
- 18:49that
- 18:49event,
- 18:49I
- 18:50understood
- 18:50that
- 18:50a
- 18:50lot
- 18:50of
- 18:50those
- 18:51people
- 18:51are
- 18:51real
- 18:51estate
- 18:52investors
- 18:52currently
- 18:53or
- 18:53looking
- 18:53to
- 18:53get
- 18:54into
- 18:54real
- 18:54estate
- 18:54investing.
- 18:55Like
- 18:55we
- 18:55had
- 18:55discussed
- 18:56previously.
- 18:56I
- 18:56think
- 18:56what
- 18:57people
- 18:57underestimate
- 18:57is
- 18:58like
- 18:58the
- 18:58current
- 18:59company
- 18:59that
- 18:59they
- 18:59built
- 19:00that
- 19:00is
- 19:00producing
- 19:01revenue
- 19:01is
- 19:01a
- 19:02massive
- 19:02asset
- 19:02that
- 19:03they're
- 19:03sitting
- 19:03on,
- 19:04more
- 19:04so
- 19:04than
- 19:04they
- 19:04realize
- 19:05many
- 19:05times.
- 19:05And
- 19:06it
- 19:06can
- 19:06purchase
- 19:06commercial
- 19:07real
- 19:07estate.
- 19:07So
- 19:08tapping
- 19:08into
- 19:08that
- 19:09avatar
- 19:09is
- 19:09always
- 19:10my
- 19:10goal
- 19:10at
- 19:10those
- 19:11types
- 19:11of
- 19:11events.
- 19:11Being
- 19:12a
- 19:12broker
- 19:12myself.
- 19:13And
- 19:13so
- 19:13my
- 19:13pitch
- 19:14is
- 19:14really
- 19:14just
- 19:14like,
- 19:15you
- 19:15know,
- 19:15my
- 19:15name's
- 19:15Erica.
- 19:16I'm
- 19:16a
- 19:16real
- 19:17estate
- 19:17broker
- 19:17since
- 19:182015.
- 19:18I
- 19:19also
- 19:19do
- 19:19commercial
- 19:20real
- 19:20estate
- 19:20and
- 19:20investing.
- 19:21Very
- 19:22familiar
- 19:22with
- 19:22creative
- 19:22financing.
- 19:23I
- 19:23actually
- 19:24built
- 19:24out
- 19:24a
- 19:24vertically
- 19:25integrated
- 19:25manufacturing
- 19:26and
- 19:26retail
- 19:26company
- 19:27from
- 19:27startup
- 19:28in
- 19:282020.
- 19:29We
- 19:29purchased
- 19:29a
- 19:2915,000
- 19:30square
- 19:30foot
- 19:30industrial
- 19:31building
- 19:31with
- 19:31that
- 19:32company.
- 19:32We
- 19:32did
- 19:32expansion
- 19:33with
- 19:33that
- 19:33company.
- 19:34I
- 19:34replaced
- 19:35myself
- 19:35out
- 19:35of
- 19:35that
- 19:35company,
- 19:36stepped
- 19:36back
- 19:36into
- 19:37full
- 19:37time
- 19:37sales
- 19:37where
- 19:37I'm
- 19:38happy
- 19:38and
- 19:38where
- 19:38I
- 19:38belong.
- 19:39And
- 19:39now
- 19:39I
- 19:40get
- 19:40to
- 19:40help
- 19:40investors
- 19:41build
- 19:41their
- 19:41wealth
- 19:42and
- 19:42purchase
- 19:43Commercial
- 19:43real
- 19:43estate
- 19:43through
- 19:43their
- 19:44businesses.
- 19:44And
- 19:45it's
- 19:45super
- 19:45rewarding.
- 19:45I
- 19:46love
- 19:46what
- 19:46I
- 19:46do.
- 19:46Awesome.
- 19:47So
- 19:47keep
- 19:48in
- 19:48mind,
- 19:48guys,
- 19:48when
- 19:48you're
- 19:48building
- 19:49out
- 19:49an
- 19:49elevator
- 19:49pitch,
- 19:50you
- 19:50want
- 19:50it
- 19:50to
- 19:50be
- 19:51short
- 19:51and
- 19:51concise.
- 19:5220
- 19:52or
- 19:5230
- 19:52seconds
- 19:53of
- 19:53goes
- 19:53longer
- 19:54than
- 19:54that,
- 19:54you're
- 19:54probably
- 19:54losing
- 19:55most
- 19:55people's
- 19:55attention.
- 19:56So
- 19:57keep
- 19:57it
- 19:57short
- 19:58and
- 19:58concise,
- 19:58but
- 19:58also
- 19:59make
- 19:59it
- 19:59attractive.
- 19:59So
- 20:00like
- 20:00Erica
- 20:00saying,
- 20:01sometimes
- 20:01you
- 20:01put
- 20:02words
- 20:02or
- 20:02verbiage
- 20:02in
- 20:03there
- 20:03that
- 20:03people
- 20:03don't,
- 20:03they
- 20:03don't
- 20:03know.
- 20:04Sometimes
- 20:04they
- 20:04ask
- 20:04questions
- 20:05about
- 20:05it.
- 20:05And
- 20:06what
- 20:06you
- 20:06want
- 20:06to
- 20:06do
- 20:06with
- 20:06the
- 20:06elevated
- 20:07pitch
- 20:07is
- 20:07get
- 20:07people
- 20:07to
- 20:07engage.
- 20:08One
- 20:08of
- 20:08my
- 20:09partners,
- 20:09actually
- 20:10one
- 20:11of
- 20:11the
- 20:11pitches
- 20:11he's
- 20:11used,
- 20:12and
- 20:12it's
- 20:12a
- 20:12really
- 20:13simple
- 20:13one,
- 20:13but
- 20:13I
- 20:13like
- 20:13it.
- 20:14People
- 20:14say,
- 20:14what
- 20:14do
- 20:14you
- 20:14do?
- 20:14He
- 20:15said,
- 20:15I
- 20:15buy
- 20:15apartment
- 20:15buildings
- 20:16with
- 20:16my
- 20:16friends.
- 20:17And,
- 20:17you
- 20:17know,
- 20:17it
- 20:18works.
- 20:18It's
- 20:18very
- 20:18effective
- 20:19because
- 20:19it
- 20:19gets
- 20:19people
- 20:19talking.
- 20:20It's
- 20:20like,
- 20:20oh,
- 20:20that
- 20:20sounds
- 20:21pretty
- 20:21cool.
- 20:21Absolutely.
- 20:22And
- 20:22something
- 20:23I've
- 20:23realized
- 20:23is
- 20:24like,
- 20:24you
- 20:24know,
- 20:24as
- 20:24you
- 20:25build
- 20:25a
- 20:25resume
- 20:25and
- 20:25a
- 20:26track
- 20:26record,
- 20:27your
- 20:27elevator
- 20:28pitch
- 20:28can't
- 20:28include
- 20:28everything.
- 20:29Right.
- 20:29So
- 20:29I
- 20:29can't
- 20:30say,
- 20:30hey,
- 20:30I've
- 20:30done
- 20:31seven,
- 20:31eight
- 20:31tax
- 20:31foreclosures
- 20:32in
- 20:32central
- 20:32Florida.
- 20:33And
- 20:33that
- 20:33I,
- 20:34you
- 20:34know,
- 20:34I'm
- 20:34in
- 20:34the
- 20:34top
- 20:3410
- 20:35recruiters
- 20:35for
- 20:35Keller
- 20:36Williams
- 20:36in
- 20:36the
- 20:36history
- 20:36of
- 20:36the
- 20:36company.
- 20:37Like,
- 20:37I
- 20:37don't
- 20:37include
- 20:38that
- 20:38stuff.
- 20:38So
- 20:38what
- 20:39I'm
- 20:39doing
- 20:39now
- 20:39is
- 20:40I
- 20:40have
- 20:40a
- 20:40QR
- 20:40code
- 20:41with
- 20:41my
- 20:41resume
- 20:42so
- 20:42that
- 20:42I
- 20:42can
- 20:42give
- 20:43my
- 20:43elevator
- 20:43pitch,
- 20:44capture
- 20:44them,
- 20:45we
- 20:45start
- 20:45the
- 20:45conversation.
- 20:46And
- 20:46then
- 20:46within
- 20:47my
- 20:47contact
- 20:47information,
- 20:48they're
- 20:48also
- 20:48getting
- 20:48my
- 20:49resume.
- 20:49So
- 20:50that
- 20:50whenever
- 20:50they
- 20:51like
- 20:51to,
- 20:51if
- 20:51they
- 20:51thought
- 20:51that
- 20:52my
- 20:52elevator
- 20:52pitch
- 20:52was
- 20:52great
- 20:53and
- 20:53I'm
- 20:53somebody,
- 20:53they
- 20:53should
- 20:54know,
- 20:54then
- 20:54they
- 20:54can
- 20:54go
- 20:55back
- 20:55and
- 20:55read
- 20:55my
- 20:55full
- 20:55track
- 20:56record
- 20:56and
- 20:56resume.
- 20:57So
- 20:57that
- 20:57can
- 20:57help
- 20:57us
- 20:58connect
- 20:58on
- 20:58other
- 20:58things
- 20:59as
- 20:59well.
- 20:59Awesome.
- 21:00So
- 21:00one
- 21:01last
- 21:01thing
- 21:01I
- 21:01would
- 21:01touch
- 21:01on
- 21:02with
- 21:02networking,
- 21:03and
- 21:03this
- 21:03will
- 21:03be
- 21:03tougher
- 21:04to
- 21:04do
- 21:04at
- 21:04in
- 21:04person
- 21:05events
- 21:05in
- 21:05your
- 21:05backyard,
- 21:06but
- 21:06you
- 21:06can
- 21:06do
- 21:06it
- 21:06at
- 21:07in
- 21:07person
- 21:07events
- 21:07in
- 21:08other
- 21:08areas.
- 21:08You
- 21:08can
- 21:08also
- 21:09do
- 21:09it
- 21:09with
- 21:09virtual
- 21:09events,
- 21:10is
- 21:10having
- 21:11the
- 21:11opportunity
- 21:11to
- 21:11meet
- 21:11people
- 21:12that
- 21:12you
- 21:12wouldn't
- 21:12meet
- 21:13in
- 21:13the
- 21:13local
- 21:13market.
- 21:14So
- 21:14this
- 21:14is
- 21:15where
- 21:15virtual
- 21:15networking
- 21:16comes
- 21:16in
- 21:16handy.
- 21:17And
- 21:17sometimes
- 21:18select
- 21:18in
- 21:18person
- 21:19events
- 21:19in
- 21:19different
- 21:19areas
- 21:20too.
- 21:20You
- 21:20know,
- 21:21oftentimes
- 21:21if
- 21:21we're
- 21:22going
- 21:22to
- 21:22local
- 21:22events,
- 21:22we're
- 21:23limited
- 21:23by
- 21:24our
- 21:24geographic
- 21:24region.
- 21:25And
- 21:25that's
- 21:25not
- 21:26a
- 21:26bad
- 21:26thing.
- 21:26You
- 21:26can
- 21:26meet
- 21:27enough
- 21:27people
- 21:28locally
- 21:28sometimes
- 21:28where
- 21:28you
- 21:28don't
- 21:29need
- 21:29to
- 21:29go
- 21:29beyond
- 21:29that.
- 21:30But
- 21:30depending
- 21:30on
- 21:30what
- 21:30you're
- 21:31looking
- 21:31to
- 21:31achieve
- 21:31and
- 21:32what
- 21:32your
- 21:32goals
- 21:32are,
- 21:33sometimes
- 21:33you
- 21:33need
- 21:33to
- 21:33go
- 21:34beyond
- 21:34that.
- 21:34And
- 21:34having
- 21:35the
- 21:35ability
- 21:35to
- 21:35connect
- 21:36with
- 21:36somebody
- 21:36in
- 21:36a
- 21:36different
- 21:37part
- 21:37of
- 21:37the
- 21:37country
- 21:37or
- 21:38a
- 21:38different
- 21:38part
- 21:38of
- 21:38the
- 21:38world
- 21:39gives
- 21:39an
- 21:39advantage.
- 21:40You
- 21:40know,
- 21:40even
- 21:40with
- 21:41one
- 21:41of
- 21:41my
- 21:41recent
- 21:42partnerships,
- 21:43you
- 21:43know,
- 21:43to
- 21:43be
- 21:43honest,
- 21:44all
- 21:44of
- 21:44us
- 21:44are
- 21:44spread
- 21:45out
- 21:45geographically
- 21:45and
- 21:45I
- 21:46never
- 21:46even
- 21:46met
- 21:46them
- 21:46in
- 21:47person.
- 21:47When
- 21:47we
- 21:47agreed
- 21:47to
- 21:48partner,
- 21:48I
- 21:48mean,
- 21:48we'd
- 21:48only
- 21:49talked
- 21:49virtually
- 21:49for
- 21:49like
- 21:50two
- 21:50years.
- 21:50I
- 21:50mean,
- 21:51we
- 21:51talked
- 21:51regularly,
- 21:51so
- 21:51it
- 21:51wasn't
- 21:52like
- 21:52it
- 21:52was
- 21:52just
- 21:52a
- 21:52one
- 21:52time
- 21:53thing.
- 21:53But
- 21:53I
- 21:53never
- 21:54met
- 21:54them
- 21:54in
- 21:54person.
- 21:55And
- 21:55a
- 21:55lot
- 21:56of
- 21:56the
- 21:56partnerships
- 21:56that
- 21:56I've
- 21:57done
- 21:57in
- 21:57syndication,
- 21:58they're
- 21:58people
- 21:58that,
- 21:59you
- 21:59know,
- 21:59maybe
- 21:59I've
- 21:59met
- 22:00once
- 22:00or
- 22:00twice.
- 22:00But
- 22:00a
- 22:00lot
- 22:01of
- 22:01them
- 22:01are
- 22:01just
- 22:01like
- 22:01virtual
- 22:01connections
- 22:02that
- 22:02you
- 22:02stay
- 22:02in
- 22:02touch
- 22:03with
- 22:03regularly.
- 22:03So
- 22:03that's
- 22:04where
- 22:04you
- 22:04can
- 22:04use
- 22:04tools
- 22:04like
- 22:04this
- 22:05to
- 22:05an
- 22:05advantage
- 22:06and
- 22:06with
- 22:07anything.
- 22:07Keep
- 22:07in
- 22:07mind,
- 22:08with
- 22:08any
- 22:08of
- 22:08these
- 22:08events,
- 22:09masterminds,
- 22:10meetup
- 22:10events,
- 22:11conferences,
- 22:11trade
- 22:12shows,
- 22:12whatever
- 22:12it
- 22:12might
- 22:12be,
- 22:13it's
- 22:13all
- 22:14in
- 22:14the
- 22:14follow
- 22:15up.
- 22:15And
- 22:15you
- 22:15need
- 22:16to
- 22:16make
- 22:16it
- 22:16a
- 22:16priority
- 22:17to
- 22:17follow
- 22:17up
- 22:17within
- 22:1848
- 22:18hours
- 22:18these
- 22:19events.
- 22:19Otherwise
- 22:19people
- 22:19forget
- 22:20you.
- 22:20Absolutely.
- 22:21Some
- 22:22of
- 22:22my
- 22:22vendor
- 22:22partners
- 22:23that
- 22:23I
- 22:23currently
- 22:23use
- 22:24were
- 22:24wise
- 22:25enough
- 22:25to
- 22:26follow
- 22:26up
- 22:26with
- 22:26me
- 22:26after
- 22:27the
- 22:27event
- 22:27and
- 22:28I
- 22:28was
- 22:28like,
- 22:28oh,
- 22:29yeah,
- 22:29you
- 22:29do
- 22:29inspections?
- 22:30You
- 22:30do
- 22:31commercial
- 22:31inspections?
- 22:31He's
- 22:32like,
- 22:32yes,
- 22:32I
- 22:32do.
- 22:32I'm
- 22:32like,
- 22:33great.
- 22:33He's
- 22:33actually
- 22:33doing
- 22:34a
- 22:34commercial
- 22:34inspection
- 22:35for
- 22:35me
- 22:35next
- 22:35week.
- 22:36So
- 22:36I
- 22:36think
- 22:36the
- 22:37follow
- 22:37up,
- 22:37all
- 22:38the
- 22:38money's
- 22:38in
- 22:38the
- 22:38follow
- 22:38up
- 22:39for
- 22:39sure.
- 22:39Yep.
- 22:40And,
- 22:40you
- 22:40know,
- 22:41having
- 22:41that
- 22:41and
- 22:41being
- 22:41able
- 22:42to
- 22:42utilize
- 22:42it,
- 22:42that's
- 22:43what's
- 22:43going
- 22:43to
- 22:43bring
- 22:43you
- 22:43success
- 22:44in
- 22:44this
- 22:44business.
- 22:45So
- 22:45use
- 22:45the
- 22:45event,
- 22:46use
- 22:46the
- 22:46connections,
- 22:47build
- 22:47authentic
- 22:48relationships
- 22:49and
- 22:49treat
- 22:49them
- 22:49as
- 22:49you
- 22:50want
- 22:50to
- 22:50be
- 22:50treated.
- 22:50I
- 22:51agree.
- 22:51Absolutely.
- 22:52And
- 22:53so
- 22:53much
- 22:53value
- 22:53to
- 22:54gain
- 22:54from
- 22:54these.
- 22:54And
- 22:55I
- 22:55think
- 22:55one
- 22:55of
- 22:55the
- 22:55first
- 22:56ones,
- 22:56if
- 22:56you're
- 22:56in
- 22:56Charlotte,
- 22:57definitely
- 22:57the
- 22:57Reeb
- 22:58Club,
- 22:58would
- 22:58be
- 22:58one
- 22:58of
- 22:58the
- 22:58first
- 22:59events
- 22:59I
- 22:59recommend.
- 23:00Absolutely.
- 23:00That
- 23:00would
- 23:01be
- 23:01the
- 23:01first.
- 23:01I'd
- 23:01have
- 23:02to
- 23:02agree.
- 23:02That's
- 23:02a
- 23:02great
- 23:02one.
- 23:03Well,
- 23:03guys,
- 23:03we.
- 23:03We
- 23:03thank
- 23:03you
- 23:04for
- 23:04listening
- 23:04for
- 23:04this,
- 23:04this
- 23:05episode
- 23:05of
- 23:05the
- 23:05Master
- 23:06Passive
- 23:06Income
- 23:07Multifamily
- 23:08Podcast.
- 23:08Until
- 23:08next
- 23:09time.
- 23:09Thanks,
- 23:09guys.