25. Sell the Farm level commitment with Whitney Sewell

ABOUT WHITNEY SEWELL:

Whitney is the Founder of Life Bridge Capital LLC. His passion is helping investors secure financial security via the exceptional opportunities that multifamily syndication offers. He is also the host of The Real Estate Syndication Show, where he has now interviewed over 850 experts providing cutting-edge tools and strategies for the syndication business. Whitney and his wife Chelsea are on a mission to help other families through the process of adoption. They have personally endured the financial burdens that the process puts on families and have committed 50% of their profits to this goal. Whitney and Chelsea have three children by adoption.

THIS TOPIC IN A NUTSHELL:

[02:00] The Why of the business

[03:00] How Life Bridge Capital started with the mission of adoption 

[05:38] Transition from a military background to real estate

[09:06] Exposure to Commercial Real estate

[09:59] His journey toward Syndication

[11:55] Lessons learned from deals and hiring experts to fill in the gap

[13:04] Reaching out to the right mentors to help you

[14:43] Investing in yourself with the knowledge you need

[17:06] Advice to first-time investors on getting started

[18:30] On giving up the horse training business and selling the farm

[20:20] Level of commitment that you need to have

[21:30] Launching a daily podcast

[22:40] Building a team and system for the daily podcast 

[24:39] Process that you can automate in the business 

[29:02] Automation of Podcast process 

[35:37] Advice to his 25-year-old self

[36:33] First Entrepreneurial Endeavor

[37:51] His formal and Informal training shaped his journey

[38:39] The Deal that got away

[42:20] How to reach out to Whitney

KEY QUOTES:

[06:10] One thing though that military has taught me is the “Never give up” mentality. When you’re at war it’s not an option to give up. I mean people’s lives are counting on you performing. So, that has helped me in business as well as in many areas 

[19:30] Having that level of commitment to focus on the syndication business allowed us to get to where we are now. It gave us a passion for that, faith for it, and stamina because It was such a sacrifice to commit to the daily podcast, start doing deals, working with investors, doing the adoption process, all those things at the same time, it took just massive levels of commitment. So, I would ask our listeners like are you committed to this? Because it’s not going to be easy.

[31:28] Having the system automated for the podcast guest is very crucial. I don’t have time to go back and forth with the guests to 3 or 4 times about their bio, or the questions that they want me to ask on the show and things like that. So, it has to be very automated and it helps us a lot.

[35:40] My advice to my younger self is to “think bigger”. Think about where you are going. Back then, I don’t have much focus and guidance on where I wanted to go. I did not have the vision of building a business and it’s difficult to break free from the mindset of just having a “stable job”. You have to believe that you can accomplish bigger things.

Summary of Business:

Life Bridge Capital is a leading real estate syndication company. We offer our investment partners the opportunity to leverage shares of multifamily rental properties into a passive monthly income. Our experienced investment team thoroughly evaluates properties to find assets that have vast potential but are currently devalued due to disengaged management. Once identified, we aggressively act on acquiring and improving the asset, with a proven property enhancement and management plan, resulting in exceptional returns for our investment partners