FBF #713: How To Benefit By Starting Your Own Multi-Family or Commercial Investment Group

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Reit, Consultant, Syndication, Seniorliving, Retail, Kevinbupprealestate, Acquisitions, Realestate, Selfstorage, Donaldtrump, Assistedliving, Apartmentinvesting, Flow, Shoppingcenter, Kevinbupp, Coach, Investing, Kevinbuppflorida, Foreclosure, Realestateinvesting, Cashflowinvesting, Office, Business, Entrepreneur, Cashflow, Commercial, Real, Industrial, Education, Mergers, Trainer, Shortsale, Millionaire, Investments, Privatelending, Legacywealth, Funding, Podcast, Multifamily, Broker, Estate, Apartments, Commercialrealestate, Experts, Mobilehomeparks, Cash, Privatemoney, Valueadd, Hedgefund, Robertkiyosaki, Defaultedpaper

4.9 • 675 Ratings

🗓️ 1 March 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's Flash Back Friday episode is from #78 that originally aired on July 13, 2015.

This week we're going to speaking with real estate expert, Phyllis Rockower. Now, Phyllis doesn't have an extensive background in multifamily or commercial real estate investing like most of our guests do, but what she does have is a ton of experience in starting up her own investment clubs, which is what we're going to be discussing in this week's show.

You see, there are hundreds, if not thousands of real estate investment clubs throughout the US, but the large majority of them are groups who tend to focus on single family investments which isn't going to benefit you if you are a multifamily or commercial real estate investor. Phyllis is going to discuss how she has successfully built two real estate investment clubs that collectively have over 1000 members and how you can do the same.

Here’s a few things you’ll learn in our interview with Phyllis today:

The benefit of surrounding yourself around like minded investors who have an interest in the same type of real estate that you do.
How to leverage the existing REIA clubs in your area to market your new Multi-Family or commercial investment club to.
Why she feels that creating a club solely for the intent of making a profit is the wrong idea.
Why using meetup.com is the single best way to get your group launched and know by the masses.
Why she suggests that you keep your group small, similar to a mastermind format
How you might be able to leverage an existing clubs audience by creating a separate sub-group within the existing organization.
How a group format can help you significantly increase your buying power by means of partnering
Why you don't need to be a multifamily or commercial expert or have a track record to start your own club
How to quickly grow your club by sending a targeted direct mail campaign to other local multifamily owners
Why you shouldn't waste the time or energy on building a website or business plan prior to launching your group.
Why you should create a legal waiver and have all members sign it releasing you as the organizer from liability.
And much more

Recommended Resources:

Download my free success guide, “7 habits of highly successful multi-family investors” by going to www.KevinBupp.com/guide
Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here https://www.timetrade.com/book/FGF7S

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to this week's edition of Flashback Friday.
0:05.0	It's your opportunity to get some good review by listening to episodes from the past that Kevin is handpicked to help you along your investment journey.
0:13.0	If you'd like to partner with Kevin and join his team at Sunrise Capital Investors, head to invest with sunrise.com to learn more.
0:21.4	That's invest with sunrise.com.
0:24.1	Enjoy the show.
0:28.9	You've been searching for the best way to generate passive income in your life
0:33.0	and heard that real estate is a great way to do it.
0:36.0	But you're tired of all the so-called gurus who are all talk and no substance.
0:41.8	Get ready to celebrate because Kevin Buck has spent 14 years successfully making it happen.
0:48.3	This is the Real Estate Investing for Cash Flow podcast.
0:51.8	Now, here's Kevin Bub.
0:56.9	Hey guys, Kevin Bup here with episode number 78 of the Real Estate Investing for Cash
1:01.8	Flow podcast. Our mission is to help you build and maintain massive amounts of cash flow
1:06.7	through income producing real estate investments. And this week we're going to be speaking
1:10.7	with real estate expert, Phyllis Rock Hour.
1:13.9	Now, Phyllis doesn't have an extensive background in multifamily or commercial real estate investing like most of our guests do.
1:20.9	But what she does have is a ton of experience in starting her own investment clubs, which is what we're going to be discussing today.
1:27.3	You see, there are hundreds, if not thousands of real estate investment clubs throughout
1:31.5	the U.S., but a large majority of them are groups who tend to focus on single-family
1:36.5	investments, which isn't going to benefit you if you're a multifamily or commercial
1:40.6	real estate investor.
1:42.3	So I wanted to bring Phyllis on today to discuss how
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Kevin Bupp, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Kevin Bupp and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.