Lance Edwards' Green Light REI Podcast
Lance Edwards' Green Light REI Podcast
Talking Reverse Wholesaling and Entrepreneurship with Kent Clothier
Kent Clothier is the founder and CEO of Real Estate Worldwide (REWW), a multi-faceted real estate investment education and training company with headquarters in La Jolla, CA and additional offices in Scottsdale, Arizona. REWW offers customers a cutting-edge advantage with a curriculum steeped in award-winning and proven real estate systems and technology. The company offers lead generation services through its web-based platform, SMART. Kent leads an amazing team of individuals that are focused on building disruptive systems that push the entrepreneur dream and the real estate industry forward.
The son of an entrepreneur and an entrepreneur by nature, he’s dedicated his business life and ventures towards awaking the human spirit in all of us and inspiring thousands of entrepreneurs to escape the “rat race” and create the dream lives that they’ve always wanted. He stands for integrity, ideas, companies and products that allow entrepreneurs to not only “learn” what it takes to live a successful live on every level, but the tools and strategies to create real change on a daily level.
Expert Shares About Lease Options in Current Market (John Jackson)
Often referred to as the “King of Lease Options,” John Jackson is considered the nation’s premier authority on real estate lease options. Numerous other nationally recognized real estate educators refer their students to him to learn his groundbreaking lease option systems. Since launching his lease option company Leasing To Buy® in 2003, he has facilitated over 650 lease option transactions – and his students have in turn done hundreds of lease option transactions as well. He is also the only educator that teaches Texas Lease options; numerous real estate attorneys refer to John for education and training on the subject. By utilizing his lease option strategies and systems, you can also create a very successful lease option business, or add a powerful and useful tool to your real estate toolbelt. John has been featured on FOX, NBC and multiple podcasts and radio shows, in addition to his inclusion in a #1 Amazon bestseller called “Real Estate Rockstars.”
Lance Edwards' New Book, "As It Should Be"
In this episode of Green Light REI, Lance Edwards shares with listeners his excitement over the release of his latest book, As It Should Be, a unique work chronicling seven generations of Lance’s family and its connections to the history of Florida (“Old Florida,” as he calls it) and development of key industries like Citrus. Lance will be donating 200 percent of the proceeds generated by the book on its launch day to the Intrepid Fallen Heroes fund, a top non-profit that serves America’s veterans.
The Business Owner's Guide To Financial Freedom
Mark is a personal and small business tax and legal expert who helps clients build and protect wealth through wealth management strategies, as well as business and tax remedies often overlooked in this challenging, ever-changing economic climate. His seminars have helped tens of thousands of individuals and small business owners navigate the maze of legal, regulatory and financial laws to achieve greater success and wealth.
Security Syndication Attorney Shares How To Raise Private Money For Real Estate
Kim Lisa Lisa Taylor, Esq., is the founder of Syndication Attorneys PLLC, a boutique corporate securities law firm that helps clients nationwide with their federal real estate securities offerings.
Kim Lisa and the other members of the Syndication Attorneys team focus on helping small business owners/developers structure and convey their investment opportunities in a way that will attract private investors, both domestic and foreign. They teach their clients how to use securities laws effectively and provide them the tools and resources they need to achieve their business goals legally.
In addition to her work with the firm’s clients, Kim Lisa is a nationally recognized expert in the securities industry and a highly sought-after speaker, instructor and author. Kim Lisa has been responsible as a securities attorney for over 3,300 securities. She is also the author of the best selling book “How to Legally Raise Private Money: The Definitive Guide to Raising Money for Real Estate and Small Business.”
What you’ll learn in this episode:
*Kim Lisa says that that the key to raising private money is building strong relationships with people who might be willing to either loan you money or invest in a company alongside you. Unlike with a bank, raising money from private investors is less dependent on one’s credit history than the details of the deal and their ability to trust you. “The better they know you, the more times they’ve seen you consistently show up somewhere where they are, the more likely they are to invest with you.”
*One approach with potential investors is asking them what they’re making money on right now. If they’re loaning their money to someone else and getting 12%, they’re probably going to want that. But if their only other investments are in the market or their money is in a bank account, they’ll be happy with 6-7%. Depending on their experience, you would pay anywhere from 6-12%.
*Still, Kim Lisa says, the best place to get your money is from the banks, because they’ll want less than what your investors will want. She advises starting with banks and filling the gap with investor funds. By getting the lower interest rate on the bulk of the purchase price, that will raise the amount you can pay investors on the smaller amount you need to raise from them.
*She says you really shouldn’t talk to people about money until you get to know them. The way to do this is, find out what they do and what they invest in and what they look for in their investments. Then you casually say, I periodically have openings for investors. If you open witih that, it may raise suspicions. Your first meeting should just be about exchanging information. Then you can follow up with opportunities.
*Before you talk specifics about small apartments and offering a 12% return or whatever, you should have a pre-qualification conversation to determine what their financial situation is, what they’re looking for and if what you have to offer might be a good fit. Kim Lisa calls this a “suitability conversation.” Another important question to ask is, “Are you accredited?” Be cautious about allowing investments from people who can’t afford to lose the money.
*Kim Lisa explains an example of investment progression. A lot of people start out at local real estate investment associations with smaller deals – maybe single-family projects or fourplexes. They’re probably borrowing from investors or hard money lenders. Those lenders have to be compliant with the law. Then you might graduate on to talking to family and friends and others about loaning your self-directed IRA money.
*At the point where your business depends on repeatedly borrowing money from individual investors that are not hard money lenders – or when you’re starting to put people into passive investment opportunities where you will form
Investment Insights with the Tax Lien Lady
Joanne Musa, “the Tax Lien Lady,” is a Tax Lien Investing Expert who teaches people to invest in safe, highly profitable, tax lien certificates and tax deeds. Her goal is to help clients build profitable portfolios in tax lien certificates or tax deeds. She urges people to get started in educating themselves in this arena with her free report “7 Steps To Building Your Profitable Tax Lien Portfolio.”