Sep 9, 2021
The Collective Genius Mastermind is a community of real estate investors. The mastermind’s mission is to passionately help the members create an amazing lifestyle through growing and protecting their real estate businesses by providing an environment that fosters community, connection, collaboration, and contribution.
In this special episode, I have Jimmy Vreeland joining me on the show. Jimmy and I are good friends and members of the Collective Genius Mastermind. Today, we’ll be sharing our takeaways from the last mastermind that took place in June.
Are you ready to learn? Listen in to this episode.
Key Talking Points of the Episode:
[01:55] Jimmy’s takeaways from the last Collective Genius mastermind (CG)
[05:34] Jimmy’s take away from Eric Brewer's presentation
[08:09] Making the takeaways more applicable
[09:43] My greatest takeaway from the Collective Genius
[11:26] How I got into the turn-key model
[16:30] Hedge funds
[26:22] House flipping
[29:27] Wall Street yield
[32:01] You need life insurance
[33:09] If the real estate industry has a blip on the radar, who’s it going to affect first?
[37:53] Jimmy’s experience with house flipping
Standout Quotes from the Episode:
“The single-family real estate model is now no longer for the small practitioners."
“Single-family assets are of one of those last, very stable asset classes that can garner a solid, 5-7% return leverage over time.”
“With real estate you’ve just got to find a good practitioner that can deliver quality assets and buy those assets. Don’t beat them up on price.”
“The demand for housing will always be there, just a matter of having a quality asset and a good neighborhood that will stand the test of time.”
“If you’re delivering a valuable service and huge value to your clients, then there’s nothing to worry about, you’re going to be able to pivot and move on.”
Connect with Jimmy Vreeland:
Big Debt Crises: https://www.amazon.com/Big-Debt-Crises-Ray-Dalio-ebook/dp/B07GLBHM48