In this captivating episode, you'll hear the remarkable journey of David Pere - a former marine who went from zero to millionaire in just 5 years! Discover how David's military discipline, networking prowess, and relentless drive allowed him to transition from a logistics guy in the Corps to a self-made millionaire, all without ever having to take a traditional job.
Here are some key takeaways from this episode:
The power of house hacking and leveraging VA loans to get started in real estate with minimal risk and capital David's strategies for raising capital and building a robust investor network Insights into David's creative deal structuring, including equity stakes in diverse asset classes like RV parks and boutique hotels
Whether you're a service member, veteran, or simply someone seeking financial freedom, this episode is packed with invaluable insights that could transform your wealth journey. Get ready to be inspired to achieve your own real estate investing goals.
Timestamps:
00:00 Intro
01:19 Military background and career path
04:38 Managing the first real estate investment
08:29 House hacking and Airbnb renting
12:22 Buying a hotel with 130 keys
16:19 The power of networking in real estate investing
20:46 Capital raising strategies
24:44 Email lists for investor outreach
29:12 Opening the funnel through various online platforms
32:09 The basic financial mistakes
33:13 Best ways to find investors right now
34:17 David’s predictions for the next 6 to 12 months
36:37 The best advice for passive income today
37:39 The biggest challenge right now
38:35 The most important metrics to track
39:04 TBI and the importance of sleep
40:58 How does David give back?
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