Break Your Golden Handcuffs - Colm McEvilly: Investment Decision Making Processes Deliver

Colm McEvilly: Investment Decision Making Processes Deliver

11/30/23 • 42 min

Dive into the inspiring journey of Colm McEvilly, a seasoned real estate sponsor and developer with a unique background in mechanical building systems and real estate finance. From his early years working alongside his father in the mechanical plumbing business, Colm's trajectory in real estate development was set. Join us in this compelling episode as we unravel the story of a resilient individual who, despite being born with congenital heart defects, has not only overcome numerous open heart surgeries but also found a profound purpose in giving back to the medical community.
Colm's educational journey at California Polytechnic State University laid the foundation for his engineering expertise. After a successful career as a mechanical engineer specializing in HVAC systems, Colm transitioned into real estate, eventually building a portfolio of single-family rentals. However, his life took a dramatic turn at the age of 30 when he faced a heart valve failure. Following a successful TAVR procedure and recovery, Colm's perspective shifted, leading him to exit the corporate world and join a dynamic syndication team.
In this episode, explore the transformative moments that shaped Colm's outlook on life and work. Discover how his personal experiences with health challenges fueled his commitment to becoming a go-to resource for life-saving medical professionals in the real estate arena. Colm's dedication to conservative underwriting, non-intrusive marketing, and treating others' capital with utmost value will be unveiled as he played a pivotal role in helping raise $160M collectively from retail investors.
Join us for an illuminating conversation with Colm McEvilly, as we delve into the heart of his journey—from childhood endeavors in plumbing to a thriving career in real estate. Experience the resilience, passion, and purpose that define Colm's narrative and gain valuable insights into the principles that guide his success in the ever-evolving landscape of real estate development.
Show Highlights:
✅ Colm's experience in the corporate world
✅ Successful investor decision-making process
✅ Good decision-making criteria
✅ Decade-old wisdom wish
✅ Worst advice ever received
✅ Life's guiding axiom
✅ Reach out to Colm
🤝 Connect with our Guest:
Email: [email protected]
Web: https://vikingcapllc.com/about-us/
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✅https://macassets.com/
🤝 CONNECT WITH ME 🏚️
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Previous Episode

Bob Burg: The Go-Giver Way

Join us for an engaging episode with Bob Burg, an experienced guide with over 30 years of helping entrepreneurs, leaders, and sales professionals effectively communicate their value for business growth. Known for his classic in sales, "Endless Referrals," Bob has left a global impact with his business parable, "The Go-Giver," coauthored with John David Mann, creating a movement worldwide.
Part of a four-book series, "The Go-Giver" has achieved remarkable milestones, selling over a million copies, being translated into 30 languages, and earning a notable spot on Inc. Magazine's list of The Most Motivational Books Ever Written. It's also recognized on HubSpot's 20 Most Highly Rated Sales Books of All Time. Outside of writing, Bob founded The Go-Giver Success Alliance, an online mentorship community, and curates the popular Daily Impact email.
Explore Bob's impactful journey, from literary successes to his support for the Free Enterprise system. Gain insights into his belief that financial success is connected to the number of people one serves. Discover his dedication to animals through his experiences on the Board of Directors of Furry Friends Adoption & Clinic in Jupiter, Florida. Don't miss the chance to be inspired by Bob's wisdom, commitment to service, and contributions to both the business world and the community.
Show Highlights:
✅ Transformative Journey: From Skeptic to Believer
✅ Discerning the Distinction between Value and Price
✅ Exploring the Five Fundamental Laws
✅ Reflecting on a Decade-Old Wisdom Wish
✅ How to Connect with Bob for Further Guidance
🤝 Connect with our Guest:
Website: https://burg.com
❗ SUBSCRIBE TO MY YOUTUBE CHANNEL NOW ❗
✅ https://www.youtube.com/channel/UCClmRrFQXGidRnneLdOpADA
🌐 VISIT MY WEBSITE
✅https://macassets.com/
🤝 CONNECT WITH ME 🏚️
Leave a comment 💬 on this video, and it'll get a response.
Or you can connect with us on different social platforms too:
I N S T A G R A M ✅ https://www.instagram.com/macassetsco/
L I N K E D I N ✅https://www.linkedin.com/company/mac-assets/

Follow David McIlwaine's Socials
YouTube | LinkedIn | Instagram | Facebook
Join my newsletter @ MAC Assets

Next Episode

Jeff Brown: Data Breaks My Cuffs

Are you tired of the corporate grind and dream of financial freedom? Buckle up as we take you on an unforgettable journey with our special guest, Jeff Brown, founder of IntelliHOST. Prepare to be captivated by Jeff's inspiring transition from corporate chains to the exhilaration of entrepreneurship. Listen to Jeff’s enthralling stories about themed rentals in Orlando, his escape from corporate shackles, and his path to financial independence.
Ever wondered how the big boys make it big in real estate investing? That’s exactly what we’ll be discovering today with Jeff. He spills the beans on how he smartly used his first payout to invest in a vacation rental which eventually gave birth to Loma Homes. Hear Jeff's reflections on the importance of having control over your time, even if it means burning the midnight oil. You’ll gain a deeper understanding of the trade-offs between time and money, the joys and trials of entrepreneurship, and the sheer importance of following your passions.
Finally, we delve into the nitty-gritty of building a passive revenue stream in real estate investing. Jeff shares his invaluable insights about buying an Airbnb property in Joshua Tree, California. Learn about the golden rule of the 20% and the importance of finding markets with affordable upfront costs. Get acquainted with IntelliHose, a performance measuring tool for Airbnb, and hear Jeff's thoughts on testing and failing quickly. By the end of this episode, you'll be well equipped to embark on your own journey of real estate investing and building a successful passive income.

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Break Your Golden Handcuffs - Colm McEvilly: Investment Decision Making Processes Deliver

Transcript

Speaker 100:00:00.059

One of the things I've learned and one of the you know , if for somebody that that wants to be an active investor , the ,

Speaker 100:00:09.183

you know the majority of the returns come at the end , so it's through the equity . And equity is kind of like having a muscle and then cash flows , the lifeblood , and it's great to have equity or the muscle ,