JF582: Why Hearing "No!" is MONEY and What this Property Manager can Teach You about Lead Generation

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 6 April 2016

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

This highly proactive property manager is our guest today and he is on the attack! He take massive action by calculating how many "No's" it takes to get to the yes. He calculates all his metrics and spend three hours daily prospecting, he has also purchased several buy-and-hold's in the last 12 months, this is a powerful show and you should hear it!Best Ever Tweet:There's two ways to build your business, passive or active and I chose the active way. David Kerner real estate background: In real estate for 20 years as a realtor-broker in residential sales Been doing property management for 8 years and has 50 clients Started investing 1 year ago and has 7 buy-and-holds with a focus now of growing his property management company and investing business for passive cash flow Say hi to him at: davidkerner.com Based in Charlotte, North Carolina His Best Ever book: E-Myth by Michael Gerber Please Take 4 Min and Rate and Review the Best Ever Show in iTunes. Listen to all episodes and get a FREE crash course on real estate investing at:http://www.joefairless.com Need financing?Are you a buy-and-hold investor or doing fix and flips? I recommend talking to Lima One Capital. A Best Ever Guest told me about them after I asked how he financed 10 properties in one year. They are an asset-based lender with unique programs for long-term hold and fix and flippers. Click to learn more or, better yet, reach out to Cortney Newmans at Lima One Capital. His cell is 404.824.6121. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips:https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg Subscribe in iTunes and Stitcher so you don’t miss an episode! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
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1:00.6	Promo-Kod 100 best ever to get get $100 off your ticket.
1:05.0	There's two ways you can build your business passive or active, and I chose the active way,
1:10.2	where I went out and looked for my own business rather than waiting for it to show up
1:14.0	Best ever listeners I want to mention Lima 1 Capital and I found out about them
1:18.8	through a guest that I was interviewing on the show and he mentioned how he was scaling his business.
1:24.7	He was actually buying 10 single family homes within one year and I asked him how were
1:31.2	you able to buy 10 single family homes and how are you financing that?
1:34.2	He's like oh well I just use an asset-based lender.
1:37.2	I was like who is that and he told me it's a Lima one capital I reached
1:42.0	out to them afterwards got to to know them, and they are the sponsor of today's
1:46.0	episode because they've got some unique lending programs.
1:50.5	One of them is called Rental 30, where as I mentioned they're an asset-based lender, so they're lending based on the properties appraised value, as well as they look at the down payment that you're bringing to the table in the cash reserves, they'll lend up the 75% loan to value.
	...

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