Willie James Mandrell - $10M+ in Real Estate Portfolio; Cash Flow Secrets

04/29/21 • 46 min

5 Talents Podcast - How To Build Wealth Through Real Estate

Willie Mandrell has been in the Boston real estate market for more than 13 years now. He has leveraged his knowledge and experience of the area to acquire a personal real estate portfolio worth over $10 million currently. Willie joins us in this episode to talk about why you should invest in real estate as soon as possible, the creative ways to invest in this space, and the secrets to having a continuous cash flow in your pockets.

Listen to Willie and learn some cash flow secrets!

[00:01 - 06:11] Opening Segment

Why cash flow is his priority
Why you should invest in real estate now

[06:12 - 16:15] The Power of the Self-Directed IRA

When can you retire?
- Listen to WIllie’s story
Willie tells us the power of the self-directed IRA
What wealth-building is like for Willie

[16:16 - 25:51] A Different Type of Passive Investing

Here’s why you need to scale according to Willie
What you should know about the after-repair value
Willie talks about his creative real estate approach

[25:52 - 37:51] Why Delegate Your Tasks

You don’t have to be part of the real estate investment
Why delegating tasks in real estate is a must
Take a sneak peek into Willie’s daily operations

[37:52 - 46:17] Closing Segment

The lesson from McDonald’s you should not miss
Final words from Willie and me

Tweetable Quotes:

“The hardest thing...is for people to delegate and trust other people, but if you’re going to scale, you absolutely have to do it.” - Willie James Mandrell

“If you have a piece of property that’s sitting around and you have a substantial amount of equity within that property, you can go right now and go get a home equity line...” - Willie James Mandrell

Resources mentioned:

Our previous episode with Sharon Lechter: Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are Sexy
The BRRRR Method
Book

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Connect with Willie on LinkedIn, Facebook, and YouTube. Turn your underachieving properties into high-yielding investments with The Mandrell Company.

Guest email: [email protected]

GET A FREE 30-minute consultation with Willie. Start here.

Connect with me:

https://www.5tcre.com/

Facebook

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show

Listen to Willie and learn some cash flow secrets!

[00:01 - 06:11] Opening Segment

Why cash flow is his priority
Why you should invest in real estate now

[06:12 - 16:15] The Power of the Self-Directed IRA

When can you retire?
- Listen to WIllie’s story
Willie tells us the power of the self-directed IRA
What wealth-building is like for Willie

[16:16 - 25:51] A Different Type of Passive Investing

Here’s why you need to scale according to Willie
What you should know about the after-repair value
Willie talks about his creative real estate approach

[25:52 - 37:51] Why Delegate Your Tasks

You don’t have to be part of the real estate investment
Why delegating tasks in real estate is a must
Take a sneak peek into Willie’s daily operations

[37:52 - 46:17] Closing Segment

The lesson from McDonald’s you should not miss
Final words from Willie and me

Tweetable Quotes:

“The hardest thing...is for people to delegate and trust other people, but if you’re going to scale, you absolutely have to do it.” - Willie James Mandrell

Resources mentioned:

Our previous episode with Sharon Lechter: Co-Author of Rich Dad Poor Dad - 2 US Presidents Advised, 10+ Bestselling Books; Assets Are Sexy
The BRRRR Method
Book

------------------------------------------------------------------------------------------

Connect with Willie on LinkedIn, Facebook, and YouTube. Turn your underachieving properties into high-yielding investments with The Mandrell Company.

Guest email: [email protected]

GET A FREE 30-minute consultation with Willie. Start here.

Connect with me:

https://www.5tcre.com/

Facebook

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show

Previous Episode

Ava Benesocky & August Biniaz - 15 Years As Real Estate Professionals Together; US Real Estate Syndication for Canadian Investors

We always say that the United States of America is the Land of Opportunity. It offers a lot of opportunities even for non-US citizens. Ava Benesocky and August Biniaz from CPI Capital join us in this episode to share creative ways to invest in the US real estate space while you are living in Canada. They answer some common questions, including those related to double taxation. Their personal mission is to educate Canadians about passive investing, helping them create wealth through real estate.

Tune in now and learn how to invest in the US from Canada!

[00:01 - 06:05] Opening Segment

The challenges and opportunities they saw in real estate

[06:06 - 15:32] Real Estate Investing in Canada and the US

Ava and August walks us through the real estate investing in Canada
How they decided to jump into the US real estate investing

[15:33 - 26:00] Real Estate Education for Canadians

The reality of investing in real estate in Canada
Ava and August talks about their educational platform

[26:01 - 36:11] Benefits of Real Estate Investing

Don’t miss their personal projections about US real estate investing
How to avoid double-taxation according to August and Ava
What next for Ava and August?

[36:12 - 42:37] Closing Segment

Listen to their advice to create wealth successfully
Connect with Ava and August
- Links below
Final words from us

Tweetable Quotes:

“Diversification is a great way to have your investment portfolio that’s helping you build your wealth...get your money working for you while you sleep.” - Ava Benesocky

“I always wish health, wealth, and happiness on my loved ones and friends and associates. It all doesn’t matter if happiness is not there.” - August Biniaz

Resources mentioned:

Our previous episode with Dan Handford: 4,800+ Units in Syndication Deals and $275M Portfolio Value Maximizing Systems and Platforms
Jeremy Roll

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Get in touch with August on LinkedIn, Facebook, Twitter. Connect with Ava on LinkedIn. Learn why multifamily investing is a lucrative endeavor! Check out CPI Capital.

Guest email: [email protected] & [email protected]

Are you a Canadian planning to invest in real estate? Check out the Canadian Passive Investing Academy!
Invest in Ava’s next multifamily deal. Start here
Invest in August’s next multifamily deal. Start here.
Subscribe to their newsletter

Connect with me:

https://www.5tcre.com/

Facebook

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show

Next Episode

Seshu Velpuri - Almost 2 Decades in Real Estate; Real Returns: Predictive ROI & DSCR Analytics from The AMR Group

What are you going to do if you arrive in a new country with only 200 dollars in your pocket? Seshue Velpuri knew what to do then. The right mindset helped him survive a new country with a new culture and a new environment. This mindset, which emphasizes the idea that life is not a “success” every time led him to a fruitful real estate career now spanning almost two decades.

Listen to Seshu and get real returns from your real estate investments!

[00:01 - 05:03] Opening Segment

Let’s get to know Seshu Velpuri
The mission of The AMR Group

[05:04 - 15:25] Why Real Estate

His journey from India to the United States
The challenges he faced and how he overcame them
Why invest in real estate?
- Listen to Seshu

[15:26 - 25:56] The Right Mindset in Real Estate

A reminder from Seshu you should not miss
Listen to Seshu’s approach in commercial real estate
How his team is adjusting to the COVID-19 situation

[25:57 - 35:19] Commercial Real Estate Investing

The disadvantage of investing in the commercial real estate
Seshu gives us a sneak peek of a commercial retail business plan
We break down the Debt Service Coverage Ratio

[35:20 - 43:04] The Numbers to Consider

Don’t miss this quick coaching session with Seshu!
What tools does Seshu’s team offer?
Connect with Seshu
- Links below

[43:05 - 44:51] Closing Segment

Final words from Seshu and me

Tweetable Quotes:

“Majority of the people, they don’t want to fail. The problem is they do not want to fail and they want everything to be successful, but that’s not gonna work. It’s not the real world.” - Seshu Velpuri

“It’s not about doing business or anything. It’s sharing the knowledge among the community.” - Seshu Velpuri

Resources mentioned: