$38 Trillion Sits in American Retirement Accounts Today | James McCabe E199

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 11 June 2024

⏱️ 55 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s episode, Rich sits down with James McCabe – Founder and a Managing Partner at The Placement Funds. As an investor, capital raiser, and connector, James has facilitated over $100M for real estate projects in recent years. While James’ funds are primarily focused on Multifamily real estate, they also have diversified interests to include businesses and structured lending. Rich and James discuss what James was doing before he got into real estate investing, how he started his ret...

Transcript

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0:00.0	That's what we spend a lot of time doing is just educating and that's how I raise capital too.
0:04.0	I don't I don't feel like you know I need to like sell a whole lot of things.
0:07.6	It's just man can you give me 30 minutes to show you how your current environment works
0:11.7	versus what's out there.
0:13.0	Welcome to the Rich Drummers Report where we talk real estate, business, and wealth building
0:18.0	all while keeping it real.
0:19.0	No fluff, no BS.
0:21.0	I hope that you enjoy the show.
0:25.0	All right guys, welcome to another episode of the report.
0:30.0	Today, we are in the studio. We got a little audience today. Got some my friends out from Hawaii.
0:36.9	Shout out to Nico in Strats. And we got a yacht meetup this weekend. So super excited for that.
0:41.7	First yacht meet up of the season so
0:44.0	stoked for that and I got a special guest today who actually connected with it for the
0:47.8	first time out in Orlando when I was out there for Tyler Devrose events about a
0:51.7	month ago.
0:52.8	And we were talking shop and now we're talking shop in the studio.
0:55.5	I got my man James McCabe.
0:57.5	Jayes, welcome to the show brother.
0:59.0	Thanks for having me.
1:00.3	Yeah, dude.
1:01.6	Appreciate you coming down, man. I gotta ask you, the Black on Black man, you're like on-brand? Where's the Black on-black come from?
1:08.0	Man, that's a good question. I think it started when I looked back at pictures and I saw me wearing things with like big brands or big colors.
	...

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