Wed, 6 February 2019
As a multifamily syndicator, one of your most important responsibilities lies in building long-term trust with investors. And when you are dealing with a handful of high-net-worth individuals, it is fairly easy to keep track of who has committed to a deal, signed the appropriate documents and wired their money. As you scale your real estate business, however, it becomes increasingly challenging to communicate consistently and manage larger and larger numbers of investors. But it can be done by automating your workflow process.
Josiah Mann is the founder and CEO of Investor Deal Room, a modern, white-label investor management platform that supports real estate syndicators in raising capital and streamlining their back office through automation. Businesses using the Investor Deal Room software have raised over $40M in private capital and represent nearly $500M in assets under management.
Today, Josiah joins me to walk us through the process of onboarding multifamily investors. He explains how to build your database by way of content marketing and create a lead magnet that addresses investor pain points. Josiah describes the step-by-step process of tracking leads through closing and shares best practices for communicating with investors via quarterly reports and individual statements. Listen in to understand the value of automating investor relations as you scale your business and learn how Investor Deal Room can help you build long-term trust with investors!
Josiah’s insight on marketing to investors
How to design free resources for investors
The process of tracking investors through closing
The best practices for syndicators AFTER closing
How Investor Deal Room automates investor relations
How Investor Deal Room addresses joint venture partners
Connect with Josiah
Wed, 6 February 2019
MB 147: The Unique Perspective of a Financial Planner Turned Multifamily Investor – With Jason Harris
As a financial planner, Jason Harris helped clients prepare for retirement. At the same time, he was building a real estate portfolio to replace his W-2 income. And last Thursday, he retired from financial planning (in his early 30’s!) to pursue investing full-time. What did that journey look like? What strategies did Jason and his wife, Carrie, use to generate passive income with multifamily?
Jason and Carrie started investing in real estate in 2010. Nine years later, they have a portfolio of 75-plus units and the couple is building a consulting business known as Creative Gains. With his background in financial planning, Jason offers clients a unique perspective on diversifying their portfolio with real estate. Jason and Carrie also run a successful property management company.
Today, Jason joins me to discuss his last day of work as a financial planner and explain how his friends and family reacted to his decision to pursue real estate full-time. Jason walks us through his journey to financial independence, from the FHA loan he used to buy his first fourplex to the creative strategies he and his wife leveraged to build their portfolio. Listen in for Jason’s unique insight on making real estate investing a part of your retirement plan and get his advice around making the leap from a W-2 job to full-time investor!
Jason’s last day of work as a financial planner
What’s next for Jason
How Jason’s friends and family reacted to his transition
Jason’s journey to financial freedom
Why Jason and his wife chose not to expand their lifestyle
The fundamentals of FHA loans
The creative strategies Jason used to build his portfolio
Jason’s advice for transitioning from W-2 to full-time investor
How Jason might have accelerated his timeline
Jason’s insights for passive investors
Connect with Jason
Call (801) 362-0784