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Real Business Owners

From Flipping to Raising Capital With Jay Tobey | Episode 291

Real Business Owners

Trevor Cowley

Business

5704 Ratings

🗓️ 24 December 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

In this episode of The Real Business Owners Podcast, Trevor Cowley and Jay Tobey dive into the real-world journey of real estate investment, flipping houses, and raising capital. They share hard-hitting insights into the challenges of scaling a business, managing large funds, and diversifying investments.


If you are ready to level up personally and professionally, go to joinrbo.com

Transcript

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0:00.0

Being an entrepreneur sounds cool, but the reality of building a business is very, very difficult.

0:07.0

Every level that you hit, there's a lot of things that suck that you just won't want to do.

0:11.7

What you're capable of is on the other side I don't feel like it.

0:15.5

And if you're committed to what it is that you're trying to do, nothing is going to stop you from getting there.

0:23.4

Welcome back to the Real Business Owners podcast with myself, Trevor Cowley.

0:27.4

Today I have a guest, Jay Toby, he's the owner of North Star Financial Group.

0:31.4

We connected through a mutual friend, Travis Chapel, shout out.

0:34.4

Travis is an owner of a company called Guestestio where they do podcast guests. And so we

0:40.1

have that mutual friend and as an investor in Gestio. These two knew each other. You know, Travis

0:45.4

vouched for Jay and said, hey, this is good people. So I'm excited for you guys to listen to this

0:50.1

episode. He's an individual that raises funds for people that are looking to have their

0:55.0

money make money, but maybe they just don't know how to do it. So I had some interesting

0:58.7

questions for them. I think you guys are going to enjoy today's episodes. So as always,

1:03.1

if you're ready to level up, go to join rbio.com. Enjoy guys. So you started investing in a real

1:08.8

estate, being involved in property management, then what?

1:13.3

All of a sudden, you had an... I learned one day and said, hey, like, I want to start raising

1:18.2

money. Yeah, I learned basic real estate skills at conferences, at investor meetups. And then I got

1:25.2

to learn property management and basics is like really important to

1:28.3

the investing strategy. And so one of the investing strategies I learned is the basics of flipping.

1:33.4

You know, if someone finds a deal, which I would say is the basics of investing in general.

1:37.0

Someone finds a deal. Someone's going to manage the deal and someone's going to bring the money.

1:40.8

Yeah, all three sides of a pyramid. And what I did is my two family members were moving.

...

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