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In this engaging conversation, Anne-Michelle Wand shares her journey from being a hair salon owner to a real estate investor in Panama. She discusses her passion project of creating a multifamily housing community for seniors and digital nomads, addressing the unique needs of these groups in the region. The conversation explores the challenges of raising funds, building trust with investors, and the significance of community in real estate development. Anne-Michelle emphasizes the importance of resilience, relationship-building, and having a clear vision for her project.

Takeaways

• Anne-Michelle has been living in Panama for 15 years, fulfilling her dream of a Caribbean lifestyle.
• She transitioned from owning hair salons to real estate investment after selling her businesses.
• Her current project focuses on creating a community for seniors and digital nomads in Panama.
• There is a lack of assisted living options in Panama, which her project aims to address.
• She collaborates with an experienced developer to ensure the project's success.
• The capital structure involves forming a company with limited partners and managing partners.
• Anne-Michelle emphasizes the importance of raising funds in cash to minimize risk.
• Building trust with investors is crucial, and she leverages her extensive network for fundraising.
• She advises aspiring fundraisers to join groups and build relationships in the industry.
• The ideal investor for her project is someone who values community impact alongside financial returns.

Connect with Anne

Insta: https://www.instagram.com/passiveprofitpartners
LinkedIn: https://www.linkedin.com/in/cr8grtsuccess/
Website: https://www.passive-profit-partners.com/

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In this conversation, Ahmad Awan shares his journey from medical school in Pakistan to becoming a physician in the United States. He discusses the challenges he faced, including financial literacy and the impact of immigration on his career. Ahmad emphasizes the importance of long-term investment strategies, the influence of social pressure on lifestyle choices, and the principles of Islamic investing. He also touches on his aspirations in real estate investment while balancing his demanding medical career.

Takeaways

• Ahmad's journey from Pakistan to the US highlights the challenges faced by immigrant physicians.
• Financial literacy is often lacking among immigrant physicians, impacting their investment decisions.
• Doctors, despite being high earners, often struggle with financial management and investment choices.
• Long-term investment strategies are crucial for financial success, rather than seeking quick gains.
• Social pressure can lead physicians to make lifestyle choices that don't align with their values.
• Islamic investing principles emphasize interest-free investments and ethical considerations.
• Real estate is viewed as a tangible asset with potential for long-term growth.
• Ahmad plans to invest in real estate through Islamic financing options.
• Balancing a demanding medical career with investment aspirations requires careful planning and time management.
• Building relationships and understanding investment opportunities is key to financial success.

Connect with Ahmad:

Instagram: https://www.instagram.com/ahmad.armoghan/
LinkedIn: https://www.linkedin.com/in/ahmad-a-awan-md-450121ba/?original_referer=https%3A%2F%2Fwww.google.com%2F
Website: https://www.lcmh.com/find-a-doctor/ahmad-awan-md/

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In this conversation, Amresh Singh discusses his journey as an entrepreneur in the real estate sector, focusing on the unique opportunities and challenges faced by international investors in the U.S. market. He highlights the advantages of U.S. real estate, such as 30-year fixed-rate mortgages and cash flow generation, while also addressing the importance of education and the role of technology in simplifying the investment process. The discussion covers various aspects of real estate investment, including mortgage qualification, ownership structures, and the integration of services to support investors.

Takeaways

• Everyday brings new challenges and opportunities.
• Gratitude helps maintain focus and positivity.
• U.S. real estate offers unique wealth-building opportunities.
• 30-year fixed-rate mortgages are a significant advantage.
• International investors face unique challenges in U.S. real estate.
• Education is key for foreign investors to succeed.
• Non-QM mortgages allow for easier qualification based on property income.
• Investing through an LLC provides asset protection.
• AI tools can streamline the property search process.
• The Midwest and Texas are promising markets for investment.

Connect with Amresh

Insta: https://www.instagram.com/amrusingh/?hl=en
LinkedIn: https://www.linkedin.com/in/amreshs/
Website: https://homeabroadinc.com/

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In this conversation, Adiel Gorel shares his extensive experience in real estate investing, detailing his journey from a high-tech background to becoming a successful real estate investor. He emphasizes the importance of the 30-year fixed rate mortgage as a financial tool, discusses strategies for identifying the right markets for investment, and explains the advantages of investing in new homes. Adiel also provides insights on scaling investments and the differences between single-family and multifamily properties, ultimately highlighting how real estate can change lives and build wealth.

Takeaways

• Adiel Gorel transitioned from high-tech to real estate investing.
• The 30-year fixed rate mortgage is a unique financial advantage in the U.S.
• Investing in new homes reduces maintenance stress for landlords.
• Successful real estate investing requires identifying the right markets.
• The Sunbelt states are ideal for long-term rental investments.
• Scaling investments should start with one property to build experience.
• Property management is crucial for hands-off investing.
• Inflation can significantly reduce the real value of fixed-rate loans.
• Networking with property management firms can enhance investment success.
• Real estate can provide financial freedom and change lives.

Connect with Adiel Gorel:

Instagram: https://www.instagram.com/adielgorel/
LinkedIn: https://www.linkedin.com/in/adielgorel/
Website: https://icgre.com

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In this conversation, Dani Beit-Or shares his journey in real estate investing, starting from his first investment experience to the lessons learned during the 2008 financial crash. He emphasizes the importance of being mentally prepared for the challenges of property management and the stability that can come from unexpected tenant situations. Dani discusses common mistakes made by high-income investors, the value of long-term investments, and the significance of identifying resilient markets for successful investing. He also highlights the 1% rule as a guideline for evaluating potential rental properties. In this conversation, Dani Beit-Or discusses various aspects of real estate investment, emphasizing the importance of understanding cash flow over superficial metrics like the 1% rule. He shares insights on creative financing strategies, the significance of setting individual investment goals, and the challenges investors face when scaling their portfolios. Dani also highlights the need for a long-term perspective in real estate and introduces his company, Simply Do It, which aims to help clients navigate the complexities of real estate investment.

Takeaways

• The first investment experience can be daunting and unpreparedness is common.
• Stability in rental properties can come from unexpected tenant situations.
• The 2008 financial crash exposed weaknesses in investment strategies.
• Good leadership is crucial during financial downturns.
• Being present for clients during tough times builds trust and loyalty.
• Many investors chase creative deals but overlook the value of boring real estate.
• Long-term investments often yield better results than quick flips.
• Investing in resilient markets is key to weathering economic downturns.
• Understanding local laws and market conditions is essential for successful investing.
• The 1% rule is a useful guideline but should be considered alongside other financial factors. The 1% rule can be misleading; focus on cash flow.
• Creative financing strategies can enhance investment opportunities.
• Understanding personal investment goals is crucial for success.
• Many investors get overwhelmed by the noise in the system.
• A long-term perspective is essential in real estate investing.
• Investors often wish they had started sooner or bought more properties.
• Boring properties can be more profitable in the long run.
• Setting clear investment criteria helps in decision-making.
• Investors should not get bogged down by small issues.
• Simply Do It provides a comprehensive approach to real estate investment.

Connect with Dani Beit-Or:

Instagram: https://www.instagram.com/simply.doit/
LinkedIn: https://www.linkedin.com/in/danib/
Website: https://simplydoit.net/dani-beit-or/

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In this conversation, Jake Clopton, founder of Clopton Capital, shares insights into the world of commercial real estate financing. He discusses the evolution of his company, the misconceptions surrounding commercial lending, and the differences between debt and joint venture equity. Jake explains the importance of understanding loan terms, the distinctions between recourse and non-recourse lending, and strategies for leveraging equity to scale investments effectively. The conversation emphasizes the need for operational systems to manage properties successfully. In this conversation, Jake Clopton discusses the intricacies of property management, the importance of understanding insurance in real estate investments, and the current state of the commercial real estate market. He emphasizes the need for investors to treat real estate as a business, the significance of shopping for insurance annually, and the potential opportunities arising from economic shifts. Clopton also highlights the challenges posed by rising costs and the importance of being prepared for market fluctuations.

Takeaways

• Jake Clopton runs Clopton Capital, focusing on commercial real estate.
• The original goal was to help people find capital during the credit crisis.
• Commercial real estate financing differs significantly from residential financing.
• The first source of repayment in commercial loans is the property itself.
• Understanding the difference between debt and joint venture equity is crucial.
• Interest-only payments can help stabilize properties during the initial phase.
• Recourse lending means personal liability for the borrower.
• Non-recourse lending focuses primarily on the property as collateral.
• Equity sources can provide leverage for scaling investments.
• Operating systems are essential for managing multiple properties effectively. Real estate should be treated as a business, not just an investment.
• Property management companies should be viewed as employees requiring oversight.
• Vertical integration in real estate can enhance control and profitability.
• Investors often overlook the importance of shopping for insurance annually.
• Insurance premiums can vary significantly; always compare options.
• Planning for insurance before closing can prevent unexpected costs.
• The housing market is facing a crisis due to supply constraints.
• Rising building costs will make housing less affordable.
• Investors should look for opportunities in consumer distress in residential properties.
• Mitigating uncertainty in investments requires careful planning and expense control.

Connect With Jake Clopton:
Instagram: https://www.instagram.com/jake.clopton
LinkedIn: https://www.linkedin.com/in/jakeclopton1/
Website: https://cloptoncapital.com/

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In this conversation, Steve Shull shares his journey from being an NFL linebacker to a successful real estate coach. He discusses the importance of discipline, team culture, and the mindset required for success in both sports and business. Steve outlines six standards for success in real estate, emphasizing the need for process, accountability, and relationship-building. He highlights the common mistakes agents make and the significance of focusing on improvement rather than merely chasing more sales. The discussion culminates in the importance of cultivating relationships and building a sustainable business culture.

Takeaways

• Discipline learned in sports translates to business success.
• Team culture is crucial for performance and accountability.
• Success is about doing what is most important every day.
• Real estate is a relationship-driven business, not transactional.
• You can't scale chaos; processes are essential for growth.
• Mindset is the foundation of a successful team culture.
• Focus on getting better, not just doing more.
• Building relationships takes time and investment.
• Comfort with discomfort is key to personal growth.
• Accountability and training are vital for team success.

Connect with Steve Shull:

LinkedIn: https://www.linkedin.com/in/steveshullperformancecoaching/
Instagram: https://www.instagram.com/shullperformancecoaching/
Web: http://www.performancecoaching.com

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In this conversation, Charity Hix shares her journey from a successful career in ophthalmology to coaching healthcare professionals, particularly introverts, on managing burnout and exploring new career paths. She discusses the signs of burnout, the unique challenges introverts face in the fast-paced medical environment, and the opportunities available in real estate. Charity emphasizes the importance of curiosity, energy management, and prioritizing personal interests outside of medicine to foster well-being and resilience. The conversation underscores the importance of physicians exploring diverse interests and maintaining a balanced life to prevent burnout and enhance their professional satisfaction.

Takeaways

• Charity transitioned from ophthalmology to coaching in 2022.
• Burnout often starts as ambition but leads to fatigue and irritability.
• Introverts in medicine face unique challenges due to the fast-paced nature of the environment.
• Real estate offers creative opportunities for professionals.
• Curiosity and exploration are essential for personal growth.
• Creating space for self-care is vital for introverts.
• Prioritizing time and energy can prevent burnout.
• Having diverse interests enhances resilience in challenging times.
• Physicians should explore opportunities outside of medicine.
• Maintaining curiosity can lead to unexpected career paths.

Connect with Charity Hix:

Instagram: She does not have an Instagram account.
LinkedIn: https://www.linkedin.com/in/charityhix/
Website: https://www.charityhix.com/