5 • 1.1K Ratings
🗓️ 10 June 2022
⏱️ 44 minutes
🧾️ Download transcript
Mack Benson is a man of many talents. This is a guy who closed a new construction, seller financed, 1031 exchange, JV deal as his first ever multifamily deal! Literally chose some of the more complex strategies to tackle on his first investment and knocked it out of the park!
Today, we get to dive in to his whole strategy, how it all worked out for him, how he was able to find a mentor to teach him how to do deals like this, how to stay persistent, how to find off-market seller financed deals in this market, and more!
Tune in for the full story and don't forget to subscribe and follow us on social media!
Linkedin: https://www.linkedin.com/in/joshua-ferrari-6b9107160/
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0:00.0 | You're listening to the Creative Capital Podcast. |
0:08.1 | You're dying to learn about how you can create wealth and real estate investing, then you |
0:11.6 | come to the right place. |
0:13.7 | Join in every week as we go over the ends and outs of real estate investing and learn |
0:18.2 | how you too can become financially free. |
0:21.4 | Well, I'm sure like most other people, the journey from decision to purchasing my first |
0:29.6 | property was an incredibly straight line, no deviation, no shiny objects syndrome. |
0:36.8 | Just went from I want to buy an apartment to I bought an apartment, which that's completely |
0:43.4 | false. |
0:44.4 | I spent a year and a half spinning my wheels and chasing every shiny object possible. |
0:50.8 | What's going on everybody? |
0:51.8 | This is Josh Ferrari, host of the Creative Capital Podcast and today we're bringing |
0:58.1 | another special guest by the name of Mac Benson, you guys may or may not know who he is. |
1:05.2 | He's up in the St. Paul, Midianapolis area and he closed his very first ever deal, right? |
1:13.9 | First ever multifamily deal that he closed was a new build, was seller financed as I'm |
1:21.3 | sure you've seen by the title, was 1031 exchanged and was probably a couple of other things |
1:29.9 | that I'm not even remembering that we discussed in today's show. |
1:32.6 | There were so many massive pieces to the puzzle of closing this deal that was JV that was |
1:40.6 | and so he learned so much getting into this deal and I think another big takeaway that |
1:47.8 | you should probably get from today's episode if you get nothing else is that it took Mac two |
1:55.0 | and a half to three years to close his first deal. |
2:00.2 | Some of you might be thinking that and you might be thinking, well how come so many other |
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