WBP - Creative Cash W/ Bill Ham

02/11/21 • 55 min

Jake and Gino Multifamily Investing Entrepreneurs

Discover the best-kept secrets of the two creative, effective financing strategies other investors don’t want you to know about: Master Lease Options and Seller Financing.

In this episode, Jake and Gino reveal the key aspects of creative financing with Bill Ham, who has been an amazing mentor for the Wheelbarrow Profits investor community and have recently launched his book ‘Creative Cash’ encapsulating his decades of experience with apartment investing.

Here are some of the key takeaways from the Podcast:

When lenders pull out from the market due to certain reasons and the economy tends to enter the recession cycle, creative financing becomes the solution for real estate investors who want to take advantage of the soft valuations.
Traditional lending may not work in some apartment investing deals.
Mentorship is necessary for real estate investors. It is like either you invest in learning or risk losing money on the streets with trial and error.
Success leaves clues. Learning from the experienced mentor not only provides you with education but also enhances your credibility in the market, especially when you don’t have project experience that can be showcased before the potential stakeholders.
You need to have sellers willing to work with you, in order to succeed.
Use Spy Technique to seek information on the other side and determine what you can do to solve their problems. Listen to our podcast with Chris Voss talking about negotiation and spy techniques:
- Negotiate With Tactical Empathy with Chris Voss: https://bityl.co/5Vgn
- Negotiate like an FBI Hostage Negotiator with Chris Voss: https://bityl.co/5Vgp

Learn more about the ‘Creative Cash’ book: http://www.creativeapartmentdeals.com/

Learn more about Apartment Investing Education: www.jakeandgino.com

Apply for Mentorship: https://jakeandgino.com/apply/

We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/

Discover the best-kept secrets of the two creative, effective financing strategies other investors don’t want you to know about: Master Lease Options and Seller Financing.

Here are some of the key takeaways from the Podcast:

When lenders pull out from the market due to certain reasons and the economy tends to enter the recession cycle, creative financing becomes the solution for real estate investors who want to take advantage of the soft valuations.
Traditional lending may not work in some apartment investing deals.
Mentorship is necessary for real estate investors. It is like either you invest in learning or risk losing money on the streets with trial and error.
Success leaves clues. Learning from the experienced mentor not only provides you with education but also enhances your credibility in the market, especially when you don’t have project experience that can be showcased before the potential stakeholders.
You need to have sellers willing to work with you, in order to succeed.
Use Spy Technique to seek information on the other side and determine what you can do to solve their problems. Listen to our podcast with Chris Voss talking about negotiation and spy techniques:
- Negotiate With Tactical Empathy with Chris Voss: https://bityl.co/5Vgn
- Negotiate like an FBI Hostage Negotiator with Chris Voss: https://bityl.co/5Vgp

Learn more about the ‘Creative Cash’ book: http://www.creativeapartmentdeals.com/

Learn more about Apartment Investing Education: www.jakeandgino.com

Apply for Mentorship: https://jakeandgino.com/apply/

Previous Episode

RCRE - Understanding Capital Markets with Nate Trunfio

Mike Taravella and Will Coleman interview Nate Trunfio of Lima One Capital LLC.

Key Information:

Capital Markets

A venue where savings and investments are transferred between the suppliers who have capital and those who are in need of capital.

Secondary Markets

Capital markets are composed of primary and secondary markets.
Lenders originate loans then sell them to investment entities in the secondary market. This provides lenders with the liquidity to originate more loans.

Debt Yield: Metric used by lenders to in order to evaluate the risk involved in lending money to on to borrower. Calculated by dividing the NOI by the total loan amount.

Expert Pro Tip: “Make investment decisions with your head and not your heart”

Contact Information:

LinkedIn – Nathan Trunfio

Email - [email protected]

https://limaone.com/

To register to invest with us:

https://invest.randpartnersllc.com/invexp/accounts/login/

Rand CRE's Facebook: https://www.facebook.com/randcre

Rand CRE's Linkedin: https://www.linkedin.com/company/randcre

Rand CRE's Instagram: https://www.instagram.com/randcre

Next Episode

MFZ - How to Write a Best-Selling Book on Amazon With Creative Cash Author Bill Ham

Julia & Gino interview Bill Ham, best-selling author of Creative Cash, and the journey to becoming a best-selling author. Bill is the COO of Broadwell Property Group, a vertically integrated real estate company located in Atlanta, Georgia. His first four hundred units were purchased without entering a bank and utilizing creative financing techniques that he shares with in his book.

Bill shares his tips and strategies on how to start writing a book, editing, publishing and getting the book to launch as a best seller. He also discusses how important it is to partner with others that have the skill sets that you lack.

To purchase a copy of Creative Cash, visit Creative Apartment Deals

To learn more about Bill, visit The Broadwell Property Group