Forbes’ Post

If you're scared to start, read this 👇 In my investment circle, I am considered one of the fastest growing investors. I have made more deals in one year than most investors make in a lifetime. In fact, at the time of me writing this, which is June 15th, 2022… ✅ I own 53 multi family units that generate passive income month after month. ✅ I’ve done 500+ real estate transactions. Now I’ll be honest… It feels pretty good to share those numbers with you… But the reason it feels so good isn’t because I enjoy bragging... Rather it’s because I’m really proud of what I’ve been able to accomplish in my LIFE… And also because I want to prove to you this works no matter how bad your situation seems right now… Especially when you consider the fact that just 10 years ago, I was working nights as a bartender while trying to put myself through college. But there I was. With a diploma and no purpose. In my mind, there was only one thing... How was I going to support myself? One day, a friend randomly asks if I'd like to purchase a mobile home. I was skeptical that I'd make much of an income. But then I decided it would be more beneficial to rent it out by room. Weeks later, I rented all the rooms. And I ended up doing $1,000/mo instead of the $600/mo if I had rented it to one person. At that time, $600 meant working 5 days as a bartender. Within a year I bought 2 more mobile homes. Then, I moved to Miami and worked as a property manager, where someone taught me about wholesaling real estate. Wholesaling? What's that? I said. “Well, all you have to do is find someone who wants to sell their house. You make them an offer. And if they accept, you put them under contract. Then you look for a buyer who will accept your offer. And you earn the difference. I decided to give it a try and made $35k on my first deal 🙌 I've been going strong every since, and now teach other real estate investors how to do the same 🖤 If I can do it, so can you 😉 #realestateinvesting #wealth #selfmademillionaire #wholesalerealestate #myjourney

A Huge Congratulations to Godfrey Dinh 🎉🙌 🏙️ In a groundbreaking move, Futurerent, the immensely successful Australian proptech start-up, is spreading its wings to the United States with the launch of Downpayments. 💰 Downpayments gives investors a way to leverage their existing equity toward making a new purchase without having to refinance their properties. One of the standout features of Downpayments is its ability to offer an interest-free down payment of 10% of the property's purchase price. This groundbreaking initiative is capped at an impressive $200,000, making it a game-changer for investors looking to maximise their purchasing potential without the burden of high-interest rates. 🏡 Futurerent and Downpayments are attributed to the support and nurturing environment provided by the REACH Australia & New Zealand program. Securing $1 million in funding from Second Century Ventures, backed by the National Association of REALTORS® (NAR), adds another layer of credibility to DownPayments. 💼 Dave Garland, the Managing Director of Second Century Ventures, expressed confidence in the venture, citing FutureRent's successful track record in Australia as a driving force behind their decision to support Downpayments. “In Australia, they’ve empowered countless buyers to overcome down payment hurdles. Now, they’re tackling the U.S. market where skyrocketing housing costs outpace incomes and savings,” he said. “Their unique model lets buyers spread down payments over time, interest-free or at low rates, opening homeownership doors to a whole new segment Read more: https://lnkd.in/ggi9qWEc Visit Downpayments: https://lnkd.in/gqQrqVj4 #Downpayments #Futurerent #REACHnewheights #PropertyTechnology #RealEstateTechnology

I'm excited to see how Bilt is aiming to disrupt the credit card rewards space.Bilt just announced they raised $200 million in funding, showing strong investor backing. The core of Bilt's offering is a credit card that allows cardholders to earn points not through spending, but by paying rent.Rent is often people's largest monthly expense, so being able to turn it into a rewards-earning activity is a game-changer. Bilt has partnered with a number of major property managers and real estate investment trusts to enable renters to pay with their card.he earned points can then be redeemed for travel through major loyalty programs like American Airlines AAdvantage. I'm bullish on this concept because it targets a common pain point - the fact that rent is essentially a "wasted" spend for most renters today. Bilt finally makes it rewarding. As a new platform also focused on the rental sector, I believe Bilt is well-positioned for the future. More people, especially younger Millennial and Gen Z cohorts, remain renters longer before buying homes.With strong backing and an innovative offering, Bilt has a chance to become a major force in fintech and proptech. I'll be excited to see where they can take the brand in the coming few years through the massive rental market opportunity

Co-operty is a new #proptech venture founded by seasoned finance industry leaders Lynda Coker GAICD and Liz Rochaix in response to Australia's #housingaffordability crisis. “We believe co-ownership is a solution to the immense challenges faced by first home buyers in getting onto the property ladder,” Lynda Coker, Co-Founder & CEO of Co-operty, said.    “Additionally, we want to help the Bank of Mum & Dad operate in a better way that does not require them to put the family home at risk or raid their retirement savings,” Coker added. Co-ownership is a way to own property using the well-established tenants-in-common form of registration where all parties’ names are on the legal title with their percentage ownership. “To make everyone’s legal and financial rights clear, co-owners should draw up a contractual co-ownership agreement so everyone understands how the property will be occupied and managed, and what’s the exit plan,” Liz Rochaix, Co-Founder & COO of Co-operty, said.  “Our online platform takes the complexity out of these arrangements by supporting each buyer through the process.  We have the necessary digital documents, including the Co-ownership Agreement, as well as a network of trusted conveyancing partners and mortgage brokers, who have the right expertise for co-buying, co-borrowing and co-owning scenarios," Rochaix added. The app will go live in beta early next year with an initial focus on intra-family #coownership and younger cohorts of flatmate friends who want to move from co-renting to co-owning. #proptechnews #proptechaustralia #propertyladder

In the midst of elevated home prices & high interest rates, in a market where others are retreating, Prevu seizes the opportunity to further consolidate it's market share and receives an infusion of capital!

Exploring the ‘No Deposit’ trend in Stoke-on-Trent 🏡 What are your thoughts? With letting agents promoting it as an alternative to traditional deposits, the ‘No Deposit’ schemes have caught my attention. But is it a game-changer or just a marketing buzz? Tenants pay a non-refundable fee, landlords get protection, but does it really benefit everyone?🤔 Digging deeper, I’ve found concerns about potential downsides and ethical questions. TrustPilot reviews add an interesting layer, showcasing both positive and negative experiences. As an estate agent in Stoke-on-Trent, I’m staying cautious for now, leaning towards traditional deposits and Rent Guarantee Insurance. Do you think ‘No Deposit’ schemes solve real problems, or are they just a distraction? Share your thoughts - let’s have a conversation! 👇🏼 #nodeposit #renting #stokeontrent #landlords

How do you build a business worth millions of £? 💸 Firstly, you don't need to have money to start making money... STEP 1: RENT 2 RENT I researched for properties to rent on @rightmove, that I could further rent on @airbnb as part of the Rent 2 Rent model to start generating income. STEP 2: INVEST I used the profits from the rent 2 rent and combined this with money from angel investors to start purchasing holiday lets and multi unit blocks to use as serviced apartments. STEP 3: REFINANCE Lastly I refinanced the holiday lets and multi unit blocks at full commercial value and took this growing capital pot to start investing into struggling BNB’s and guest houses to start my own hotel chain. And you can do exactly the same! Getting started in property investing can feel overwhelming; you don't know where to begin. I've been there too, which is why we at the @netgainclub started the the Fast Track Into Property. For just one payment of £297 you get 3 months & 8 modules of online training so you can learn how to source, learn the strategies, how to raise finances, refurb and most importantly how to make MONEY. Want to know more? DM me the word "FAST TRACK" now! #financialmistake #investingtips #investingadvice #realestate #multimillionaire #millionaire #realestateuk #ukproperty #propertytok #investing

Investors, I posted a few weeks ago about a company to watch right now. Well, Wavie have successfully raised investment for their platform but there is still a few days left for investors to gain access to this opportunity. In the last 9 months Wavie have hit some major milestones on their mission to become the #1 platform for property transactions in Australia with 100's of pre-sign ups to sell their property without paying realestate agent fees. Updates: ✅ Successfully raised their investment round with on a few days left for investors to follow others. Check it out here - https://lnkd.in/gY3hV6e7 ✅ Formed strategic relationships with active builders, developers, mortgage brokers, and buyers agents.  ✅ Attracted major attention from the news, featured in AusBiz, EliteAgent, PropTech News & RealEstateBusiness.  ✅ Collaborated with Australia's leading conveyancer, conveyancing.com.au, to expand Wavie's reach to 70,000 home buyers.  ✅ Garnered widespread interest from homeowners and industry stakeholders who love our transparent business model. #wavie #proptech #ai #homeaffordability #propertyinvestment

🌟 A Fantastic Evening! 🌟 Last night, I had the privilege of attending an intimate CRE dinner hosted by the dynamic duo of J.P. Morgan Private Bank and Kayne Anderson. The evening wasn't just about fine dining; it was an enlightening experience filled with insightful discussions and valuable data sharing. A big congratulations to J.P. Morgan Private Bank and Kayne Anderson on their partnership! 🎉 Their collaboration marks a significant milestone in CRE and finance milestone. One of the most striking takeaways from the evening was learning about the volume of CRE loans set to expire in 2024. The data presented was eye-opening and paints a comprehensive picture of the current market dynamics. Equally interesting was the discussion around regional banks selling their performing loans at a dscount of 70% to 90%, and their non-performing loans at 40% to 70%. This information is invaluable for strategizing and understanding market trends. Looking ahead, we are thrilled to announce that we plan to double our equity allocation in CRE in the coming year. Our focus will be primarily on Student Housing – a sector with tremendous promise and resilience. We're gearing up to explore opportunities in purchasing bank notes and capitalizing on maturing debts. This event was a celebration of a new partnership and a testament to the power of shared knowledge and collaboration in the CRE sector. Thank you to JP Morgan Private Bank and Kayne Anderson for hosting this enlightening event. Here's to many more successful partnerships and to a flourishing year ahead in CRE investments! 🏢💼 #CREInvestment #Partnership #Finance #RealEstate #JPmorgan #KayneAnderson #InvestmentStrategies #Networking #Success #BluePrintVegas #CapitalDeployment #FundtoFund #CRE #PropTech #CoOwnership #StudentHousing #Multifamily #InvestmentOpportunities #FundIII #VentureCapital #PrivateEquity #LPcapital #AstuteEquity #InvestmentOpportunities #Partnership #Growth #Innovation #vc #venturecapital #venturefunding #venture #startup #business #funding #proptech #fintech #opportunity  #dream #homeownership #coownership  #project  #homeowners #Realestate #mortgagebrokers #mortgageagent #realestateagent #cre #brokers  #realestate #property #share #mortgage #people #business a #cretech #future PitchBook Crunchbase Bisnow CBRE JLL Newmark Berkadia  TSB Realty Blackstone

Kyler McCarty and I had an interesting conversation with a new startup that is trying to develop a market for selling real estate options. A property owner would decide to sell an option to purchase their property after a certain period of time, at a certain price. The person purchasing the option pays cash for the option which the property owner can then use to invest in their next property. The person holding the option has paid cash to capitalize on the appreciation the property will gain over the lifespan of the option term. At first pass, it seems like an interesting investment and could provide value for property owners who can't refinance their existing properties. Would you pay thousands of dollars for an option to purchase a property in 20 years locked in at today's valuation?