Manage episode 297111941 series 2820712
Welcome back #DealHunters! If you've been listening to the show long enough, you've heard of the "Four F's of Foreclosure": Find, Fund, Fix, and Flip. Depending on your real estate investing experience, you might be getting hung up on the "Find" part, but the most common obstacle to new investors is how to "Fund" their deal. We emphasize the importance of making strategic partnerships in this industry, and in this instance, one of the best partners you can find is a private or hard money investor. But as you become more successful and start doing more deals, it will inevitably become necessary to cultivate a number of investor relationships. In doing so, it will become paramount that you have clear records of which partner is financing what deal, the interest rate for each agreement, and the timeline for getting the investors' money back to them.
You have now entered the world of capital management, and if you don't have a financial background, this can quickly take up the time you should be spending finding deals and managing your projects. Enter Matthew Peretz and Traction Capital. With a military background and professional experience working for the investment division at Merrill Lynch, Matthew had developed a reputation for effectively managing both his clients' money and their expectations as he invested their funds in different vehicles. After a "brainstorming" session with our favorite #ForeclosureDealsCoach, the idea for Traction Capital was born, and Matthew has used his skills to revitalize the money management portion of the business while offering investors access to one of the most stable investment vehicles with returns that consistently outpace the market: real estate. Listen up as Donny and Matthew detail how to combine the worlds of real estate investing and capital management into an effective business model that pays dividends to investors and sets clients on the path to financial independence.
Mentioned in today's episode:
Here's a link to the article Donny discussed in today's episode:
"Little Slice Of Hell" House Under Contract With Cash Offer; Off The Market
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