Losing It All, Giving It All, & Getting it All Back Again

04/02/24 • 37 min

Today on the HOT Real Estate investing Podcast Travis Interviews Andrew Mcnair. Andrew is a 9 Figure Wealth Manager and Philanthropist. He's also the Author of The Giving Crises.

Andrew McNair is the President & Founder of SWAN Capital. He manages over $300 million in assets, exited an 8-figure personal real estate portfolio, and has 10+ years of experience in real estate investing including multi-family, RV parks, storage, short term, and industrial properties.

Andrew enjoys sharing his knowledge with others. He is a public speaker, an adjunct professor, host of a weekly radio show called “What Your Money Would Say” and podcast host of Rich Young & Powerful. Some of his guests have been Dr. Ben Carson, Larry the Cable Guy, Dabo Sweeney, and many others.

Andrew has appeared as a financial commentator on WSJ, Forbes and Fox Business and has contributed to Market Watch. Andrew is the author of three books: “Don’t Be Penny Wise & Dollar Foolish”, “Tithe: A Living Testimony,” and "The Giving Crisis”

In this episode Travis and Andrew discuss the following:

0:00 Introduction and Background

6:19 The Aha Moment

13:39 Diversification

22:36 The Importance of Giving and Philanthropy

28:27 Market outlook and Advice

33:08 Lessons from Real Estate Mistakes

34:29 Legacy and Living a Purposeful Life

36:34 Conclusion and Call to action
Full Video: https://youtu.be/7BoiPEvaJbo

Resources:

Road less stupid by Keith Cunningham

Ooler Sleep System

Connect with Andrew Mcnair

President of SWAN Capital & Founder of the Cygnet Fund

Website: https://swan-capital.com/
Facebook: https://www.facebook.com/SWANCap/
Youtube: https://www.youtube.com/user/SWANSleepWellAtNight
Instagram: https://www.instagram.com/swancapital/
LinkedIn: https://www.linkedin.com/in/andrewsmcnair
Twitter: https://twitter.com/SWANCapital

Connect with Travis Shelton:

Email: [email protected]
Phone Number: 480.450.1220
Website: HOTREI.com

Social:

Facebook Group: https://www.facebook.com/groups/hotrei
Facebook Page: https://www.facebook.com/HelpingOthersThroughRealEstateInvesting/
Instagram: https://www.instagram.com/hotrealestateinvesting/
LinkedIn: https://www.linkedin.com/company/hotrei/
Twitter: https://twitter.

Today on the HOT Real Estate investing Podcast Travis Interviews Andrew Mcnair. Andrew is a 9 Figure Wealth Manager and Philanthropist. He's also the Author of The Giving Crises.

In this episode Travis and Andrew discuss the following:

0:00 Introduction and Background

6:19 The Aha Moment

13:39 Diversification

22:36 The Importance of Giving and Philanthropy

28:27 Market outlook and Advice

33:08 Lessons from Real Estate Mistakes

34:29 Legacy and Living a Purposeful Life

36:34 Conclusion and Call to action
Full Video: https://youtu.be/7BoiPEvaJbo

Resources:

Road less stupid by Keith Cunningham

Ooler Sleep System

Connect with Andrew Mcnair

President of SWAN Capital & Founder of the Cygnet Fund

Connect with Travis Shelton:

Email: [email protected]
Phone Number: 480.450.1220
Website: HOTREI.com

Social:

Previous Episode

South Carolina 6 Unit - Deal Update

In Episode #50 Travis discussed buying an apartment complex in South Carolina without ever actually setting foot on the property (https://www.youtube.com/watch?v=DRT51X6MsXw&t=3s).

In the most recent episode Travis discusses his reactions after finally visiting his new investment and walking the property, working with the city and the property management company, as well as dealing with a terrible tenant. He covers everything! The good. The bad. And yes, even the ugly.

Check out this episode for more information on investing in long term, value add, apartment complexes out of state.

In this episode Travis discusses the following:

0:00 Introduction and Background

0:29 The Good

1:28 Location

3:16 Completed Work

4:03 Unit Size and Expectations

4:41 Initial Cleanup and Attention to Detail

5:06 The Bad

5:33 AC Issues

6:02 Water and Utility Problems

6:32 Signage and Parking

7:02 Mulch vs River Rock

8:14 Driveway and Parking

9:12 The Ugly

9:42 Tenant moved out and took his front door with him

10:47 Summary and Conclusion

Connect with Travis Shelton:

Email: [email protected]

Phone Number: 480.450.1220

Website: HOTREI.com

Social:

Facebook Group: https://www.facebook.com/groups/hotrei

Facebook Page: https://www.facebook.com/HelpingOthersThroughRealEstateInvesting/ Instagram: https://www.instagram.com/hotrealestateinvesting/

LinkedIn: https://www.linkedin.com/company/hotrei/

Twitter: https://twitter.com/HOTREI_

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Listen to the podcast here:

Apple: https://podcasts.apple.com/us/podcast/the-hot-real-estate-investing-podcast/id1668929802

Spotify: https://open.spotify.com/show/4mj2NebkrADoHv8aCkS1XJ

Next Episode

HOTREI Case Study - 50K in 121 days

Dive into the lucrative world of real estate investing with the latest episode of the HOTREI Podcast, where host Travis Shelton sits down with Jake Kain, a master of the fix-and-flip strategy. This episode peels back the curtain on a highly successful single-family home flip that netted an impressive $52,000 profit in a mere 121 days. Discover the insider secrets of finding the right properties, the art of negotiation, and innovative funding solutions that sidestep common financial hurdles. Jake's journey through the challenges of rehab budgeting and the strategic decisions behind selling properties offers a goldmine of insights for anyone looking to capitalize on real estate investments.

Whether you're a seasoned investor or just starting your journey in the real estate market, Jake's firsthand experiences and the wisdom he shares are invaluable. Learn the importance of thinking like an investor, and why relationships are the cornerstone of successful real estate ventures. This episode is packed with actionable advice, including why asking the right questions can unlock new opportunities, and how being conservative with your numbers can lead to unexpected gains. If you're eager to step up your real estate game and learn from the best in the business, tune into the HOTREI Podcast for this transformative discussion on Helping Others Through Real Estate Investing.

In this episode Travis and Jake discuss the following:

0:00 Introduction and Background
2:07 Finding the Deal
5:05 Determining the Purchase Price
7:43 Funding Challenges
9:23 Rehab Budgeting and Holding Costs
19:36 Breaking down the Numbers
20:13 Listing the Property
21:27 Selling the Property
24:09 Profit and Expectations
27:07 Lessons Learned
34:40 Advice for First-Time Flippers
38:28 Conclusion

Full Video: https://youtu.be/oroZqyBMuPU

Connect with Jake Cain
Facebook Group: https://www.facebook.com/groups/freedmaz
Facebook: @jake.kain.19
Instagram: @jake_kain
LinkedIn: @jake-kain-95281988

Connect with Travis Shelton:

Email: [email protected]
Phone Number: 480.450.1220
Website: HOTREI.com

Social: