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Entrepreneur Stories 4⃣ Inspiration

015: This 30-year old CEO went from $0 to $285 MILLION in Commercial Real Estate. How Jilliene Helman built RealtyMogul... πŸ‘©πŸ  ⭐

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business, Business:careers

4.7 β€’ 2K Ratings

πŸ—“οΈ 1 January 2021

⏱️ 41 minutes

🧾️ Download transcript

Summary

Jilliene Hellman is CEO and Co-Founder of RealtyMogul. She's responsible for the company’s strategic direction and operations. Jilliene, who sits on RealtyMogul.com’s board, has underwritten over $5 billion of real estate and was previously a Vice President at Union Bank, where she spent time in Wealth Management, Finance and Risk Management. Jilliene is a Certified Wealth Strategist, holds Series 7, Series 63, and Series 24 licenses and has a degree in Business from Georgetown University. *** For Show Notes, Key Points, Contact Info, & Resources Mentioned on this episode with Jilliene Helman, visit here. ***

Transcript

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0:00.0

I started having hundreds of conversations on a monthly basis about the idea asking people advice asking people

0:05.7

They thought about the idea poking holes in the idea and really trying to get my arms around what is it that we're trying to build?

0:10.7

What is it that we're trying to do?

0:12.7

I personally emailed a bald the first couple thousand people that signed up on our website introduced myself, you know, said if they had any questions I was available and it was very very high-puched.

0:33.7

When I first started I was an execution machine.

0:37.7

I don't believe you.

0:40.7

99% of my time was focused on execution. Today it's vision. Today it's vision and its management.

0:49.7

I'm Jillian Hellman and I'm the CEO of RealtyMobile.

0:51.7

We are an online marketplace for commercial real estate investing.

0:56.7

So we connect individual investors who are looking to get exposure to commercial real estate with commercial real estate investment opportunities.

1:03.7

Vestors can invest in apartment buildings, office buildings, shopping centers, self-storage facilities and all different types of commercial real estate transactions directly online with us at RealtyMobile.com.

1:14.7

And residential versus commercial. Could you tell us the two differences when you're looking at investing?

1:18.7

Sure. When you think about residential real estate, you know, I tend to think about a home going and buying my own home to either live in or to rent out.

1:25.7

Anything that is more than four units is considered commercial real estate. If it's if it's multi-family. So a multi-family apartment building with more than four units is considered commercial real estate.

1:36.7

Other types of commercial real estate are office buildings, self-storage facilities, shopping centers, industrial facilities, those types of commercial real estate as well.

1:45.7

So basically if I was interested in going to your company, I just go online and I can invest in a building.

1:50.7

You can you go online at RealtyMobile.com. You can sign up for free. So there's no obligation to sign up and you can start browsing a variety of different types of commercial real estate investments.

2:00.7

And we have two ways that investors can invest. If investors want to invest in a diversified pool of commercial real estate, we have what's called a real estate investment trust.

2:09.7

And that really is just a variety of commercial real estate investments that are pooled together where you make one investment and you get exposure to all of those real estate investments. Alternatively, for accredited investors, they can pick and choose specific properties.

2:22.7

So a specific apartment building, specific office building, and really do a one-on-one investment.

2:27.7

And so why would I do it if I was trying to get in the commercial real estate investing side? Why would I want to go through all of your sales maybe purchasing my own office building or industrial building?

2:34.7

We're really built for the investor that wants to be passive. You know, if you're an investor who wants to go acquire your own office building or acquire your own shopping center, we're probably not the best fit for you.

...

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