Dave Seymour – Star from A&E’s Flipping Boston – Newest Real Estate Venture | Ep. #29 Business Podcast
Summary
Dave Seymour was one of the stars from A&E’s hit show Flipping Boston. But, did you know Dave started out as a Firefighter of all things? And now…
He’s taking all his real estate experience and bringing it to the commercial real estate world with a new venture capital fund.
His story is crazy and goes to show that you can make things happen for yourself and become anything you want.
Dave’s brings you a week’s worth of positive energy and inspiration. You’ll enjoy this episode ?
Don’t forget to check out our monthly Build a Business Success Secrets newsletter
Hello,
Brandon:
friend. Welcome to another episode of Build a Business Success Secrets. I am your host, Brandon. See, White. And today we’ve got Dave Seymour. You know him from the hit show Flipping Boston, one of the first real estate flipping houses shows on TV.
Brandon:
And Dave joined me to tell me a little bit about his background and how he went from being a firefighter to a real estate guy to a TV star and now his newest venture, What you’re gonna love to hear about where he is becoming a venture capitalist in the real estate world.
Brandon:
All of this is possible for you.
Brandon:
And Dave has so much energy that you’re going to be pumped up when you just leave this episode. I’m not gonna waste another second. Let’s get to it.
Brandon:
Hey, everyone, Welcome to another episode of Build a business success Secrets. We’ve got Dave Seymour here in the house from flip. You know him from flipping Boston. How are you today in?
Brandon:
I’m great, man. I’m great. I you know, we’re just north of Boston, Massachusetts, and, you know, trying toe try to pivot, man, play the game in a new landscape in a new world. And it zannex, citing time. It’s also a challenging time. So But personally, I’m I’m styling and profiling, brother, you know, may I roll with the punches no matter what you always do Now you and I know each other from really back when you were doing flip in Boston and had a whole educational Siri’s, which I know you still dio But we did a bunch of events for entrepreneurs.
Dave:
Not just real estate entrepreneurs, actually. But all entrepreneurs in Vegas, right? That was probably three years. We’ll probably meant yeah, maybe longer, maybe even longer.
Brandon:
Yeah, we we were affiliated or align whatever term you want to use with Daymond John from Shark Tank.
Dave:
And we were helping out some of his students. I think you were on the panel as an investor, and we were doing like a like a shark tank pitch kind of a thing. And they asked me to bring some of that mad British energy to the arena, which I’m always up for. So yeah, that’s where we met. And then we did a couple of those together. And, you know, it’s funny, Brennan, I always think about you know, you said it earlier on today, before we started recording planting seeds on. I’ve always looked at every relationship. That that has made sense to me is a seed. Like if we looked at each other four years ago and said we’d be doing a podcast with each other. Four years later, we went, I don’t know. Maybe so. It’s like I love watching. I love watching relationships come to fruition, whatever that may be. You know what I mean? Like, we’re not in each other’s lives every day. But if I reach out and vice versa, there’s always a connection man for that. For that, I’m grateful. I’m grateful to be around like minded people.
Dave:
Yeah, I agree. When I first met you, I didn’t really know what to think. Dave. You had so much energy running around the room and doing all this stuff. People jacked up screaming and dancing, and I mean, yeah, but then we got to know each other. I guess when you’re in those environments, you’re both so intense, right? We’re running around and doing all this stuff, but you have a great, truly a great story of how you went from being a firefighter. to be in a really estate investor, and I know you’ve told this story before, but can you tell our listeners just a short version of Really, how that how that happen? Because you had a whole career, right?
Brandon:
Sure, sure. And you know, bad ever to set me up with short version. Alright, nice try. I’ll do the best I’ve been known since, like some of the oxygen out of the room. Look, man, it’s a story I was I did an interview with Jack Canfield last week. Chicken soup for the Soul. Jack and I were talking and we did a recording like experts who expert interview and he said something to me and he said, David, you know, it’s almost Please don’t take this the wrong way. Anybody listening to the podcast. But it was almost like a biblical journey in the sense that I came from another country. I’m an immigrant to the United States, came here looking for something. I don’t know what it was back then. It was just a kid. I was 1920 years old.
Dave:
But to be on this podcast with you today, there’s been a lot of bridge under the water. And with that came a lot of failures, right? Fail forward. Remember that? That saying, like we’ve heard that so many times Don’t avoid failure. Be smart, right, The risk of verse, But be prepared to fail forward. And for May, I was a product of ah, blue collar environment growing up in England, And I was I was trained very, very well to trade time for money.
Dave:
E was very good at that. You know, if you want to make more money than you trade more time but times the one commodity, we never get back. And you know, I turn around at what? So the 38 maybe 38 39 years old. And I’m 100 I’m working 120 hours a week for somebody else.
Dave:
Seriously? Yeah, right. Time out. 120 hours a week. I worked full time in the fire department, prayed for the phone to ring for an overtime so I could trade another 10 or 14 hours.
Dave:
Right, because I couldn’t make ends meet.
Dave:
Then I would work. Then I would work part time. Check this one out, part time retail security in a grocery chain nights and weekends trying not to get stabbed by shoplifters and wearing the uniforms.
Dave:
As you know, I was undercover.
Dave:
I got close circuit TV cameras, You know what I mean?
Brandon:
I was one great above the guy with the cap on Guy E.
Dave:
I just let my ego coming.
Brandon:
There doesn’t happen often. E on Then I was also working construction like I had. Ah, small construction company on the outside and a 120 hours a week You pay us since their price. For that, it was my relationships, right? Right. My relationship You can’t be be, ah, husband to a wife or a father to a son.
Dave:
And, you know, the marriage marriage went toe went to crap.
Dave:
You know, just I couldn’t participate in it. There was a dark day for me, bro. I’ll be very, very, very direct with you. It was dark days for me, and I’m so over over 30 years now, so I couldn’t self medicate.
Dave:
Well, e I think that’s a touch on that.
Dave:
I think you could self medicate. Maybe you didn’t know, right? Because you can exercise. And do I just offer this? Because during this covert time is you know, Dave, entrepreneurs are really just under so much stress and correct.
Brandon:
I think either of us would hate for anybody to turn thio the drugs and alcohol. And I always try to push people towards that exercise. So just throw that in there.
Brandon:
Just gave me a gut punch right there. A friend of a friend of mine said to me, He said, He says to me There’s three kinds of people going to be Post Cove It he said, either a hunk, a chunk or a drunk and very sad And now proud to say, I came out Ah, Chunk.
Dave:
But I’m going back to Ah, Hunk just just started back on the the exercise routine and getting back to where I need to be. Because, you know, my physical, my physical well being affects my mental well being and vice versa, right?
Dave:
So Absolutely, Absolutely. I actually just as a quick aside, we’ll get back to your story. I was I am super discipline.
Brandon:
You know me well enough over the years to know that. And then anybody who knows me is listening knows that I was like, you know what? I am so resilient. This covert thing has had no effect. My dentist said he thinks I’m absolutely crazy. He’s like, Brandon, you prepared your whole life for this. This is gonna be fine. And then and then Dave, I go back. I used the Fitbit scale because it automatically logs it and upload it. So I go back to my records and I was like, Holy mackerel, you know, I gained £5 and it wasn’t that I gave up the exercise.
Brandon:
Quite frankly, it was really that my as I look back, it was the diet so And my point in telling that is even the most resilient, disciplined, hard core people are are are susceptible to these high stress environments.
Brandon:
That body is, you know, dumps quarters off a za stress in a process for one of a better term. On that quarters, all is such a such a damaging component. I’m in my early fifties, so I could very well be that typical 50 year old guy with the man boobs and the belly and everything else. You know what I mean? And look, man, it’s not. It’s true, though from Come on now, it’s not. It’s not a moral judgment on anybody. It’s an individual choice, right? God gave me one body. I choose Thio. Try today to take better care of it than I did for the past three or four months. I kind of, um I’m gonna do a quick infomercial. I picked up a machine called the Hydro H Y D R O W.
Dave:
And it’s a kind of like the pellet on but for a rowing machine. And this was put together with a company out of Boston and you do all these videos and you wrote with these beautiful women on this big video screen right in front of you. And even though she’s actually not there, I don’t wanna fail, man, like I don’t you know. And so I’m with you, baby. We’re growing. We’re rolling now. Let’s go, Let’s go, Let’s go for a split in the sprint. Uh, but I z that what you Is that what you’ve picked up for the cove in?
Dave:
You picked up this Rohan thing.
Brandon:
Yeah, I picked up a rowing machine is called Hydro. It’s in. It’s in the basement and it’s like the peloton right with, like you’ve got a screen and you can interact with other with other users and growers. So it’s kind of cool, man. I’m into it. I’m getting up early again. I’m up at, like 55 o’clock, you know, do my quick morning routine. Then jump on the rower sitting the stoner get hot and sweaty come toe work So it Zvili pretty good.
Dave:
How many? How many days are you hitting that thing?
Brandon:
I hit it every day. I hit it every day. It’s, uh, but it’s the short intervals, like 2025 5, 15 minute intervals that you do each day on. Then, uh, you know, it’s full body. It’s definitely thighs and legs and chest them back and it’s It’s a It’s a nice little workout. You know? I don’t wanna go pound the pavement, man. I’m I’m banging around 2 40 to 50. That’s not good for the needs. You know what I mean?
Dave:
Man. £7 of pressure per pound. You gotta get It’s not pretty on these old bones.
Brandon:
And remember, you cannot exercise a bad diet.
Dave:
That’s the truth, That is, that is the truth.
Brandon:
That’s the truth.
Dave:
There’s always one of these five of these guys or women in the gym that I always I’m not going to the gym right now, obviously, because it’s closed. I sort of built this home gym that that’s worked out great. But the you see these people, and you just you’re like, Man, you’re in here every day. I know you’re working out because I can see you, but you’re making no progress, like, just just to tune the diet. But you and I, we’ve gotten off track. I want to go back. Yeah, that’s sort of normal. Get back to your story. You’re overworking yourself. You’re in this bad place, I guess 30 years sober now. But at that point, or you’re sober, then. So what did you even where do you find yourself?
Brandon:
You know, Look, man, I’m not a huge religious guy, but I’m definitely a man. A man of faith, You know what I mean? Like, I believe that there’s something bigger and better. You know, I I joked a little while back there about ego coming into the party. You know, ego stands for these got out and, you know, in the TV world, there’s a sidebar.
Dave:
You know, you got the hang out with other TV people and it amazed me how some of them believed their own press. You know what I mean? Tracked their own coolly and anyway, so I’m I was hurting. I was hurting my my house was in pre foreclosure. It was right as the market was crashing and I’m looking for a way out. My my marriage. It ended. I was in a relationship with my now wife, Mary Beth, and I’m looking for opportunities, man.
Dave:
And I’m screaming and shouting and praying to my guy. What’s next? What am I supposed to be doing? I’ve done everything I was supposed to. I didn’t lie. I didn’t cheat. I didn’t steal. Follow this plan that everybody else laid out for me and your sons of guns lie. You lied to me. You said it was gonna be okay. And it’s not.
Dave:
And I realized that day that that things needed to change. I just had to be Oh, that plan waas trade time for money.
Dave:
That was all I knew, Brendan.
Brandon:
That was all I knew, man.
Brandon:
I was. I was Today.
Dave:
I say to a lot of our investors I bring ah blue collar attitude to a white collar world. You know what I mean? Like, I got no problem going zero degrees today because that’s how we did it, right? That’s how we did it. Digs the ditch, zero degrees, fight the fire. Zero degrees. You know, its’s. It’s how I was. I was trained, but as I’m in that dark place, I’m in my truck F 1 50 pick have to 50 back, then pick up truck.
Dave:
And I’m kind of like pounding on the steering wheel.
Dave:
And commercial came on the radio and it was teach me foreclosure.
Dave:
A free 1.5 hour seminar coming in your neck of the woods.
Dave:
Oh, my God.
Brandon:
Yeah, Dude, that was it.
Dave:
I’m like, Well, I know how to dig a ditch.
Brandon:
You know, I’ve run a small construction company. Can’t be that difficult, right? Flipping a house.
Dave:
And that was it. Dude, I went to a seminar, and for the first time in my life, I started that hearing the vocabulary and the insights of entrepreneurship.
Dave:
So you took that. I mean, we all it’s the education. Of course. You go in and then you bought this educational program.
Brandon:
Yeah, I did 20 $27,000 with education programs. When when my house was in pre foreclosure and it all went on my wife’s credit cards and I straight up, she looked at me on that Sunday morning and she said to me, What do you think? And straight up a Z, I’m standing here in my office in Boston. I looked at her and I said, Baby, I can’t keep doing what I’ve been doing.
Dave:
I just can’t there on any more hours in the day. The results that I’ve got have not given me joy. They’ve actually given me pain. They’ve heard all of my personal relationships.
Dave:
I don’t know what to do other than try something different, and I believe that this is the path and she looked at me and it’s funny. She says to me, Go get him, killer She said, She said, I’m proud of you and I love you and I support you in whatever you want to do and I looked at her.
Dave:
I said, Good, because we gotta put 27 grand on your credit cards. She became my, uh she became my first private private investor of private lender is kind of the way I looked at her on, I went at it with I just went at it with a vengeance.
Dave:
I went at it with firefighter mentality.
Brandon:
When everybody else was running out, I went running in. I didn’t ask questions. I believed in what I was learning. I started to get financial education a zwelling as real estate processes, systems and education.
Dave:
I just straight up did it. And I remember looking around me of my classmates were fighting away like they’d invested thousands of dollars in themselves as I had. Yeah, I look around and I go. Where did Where did everybody go? Where is everyone? Guys, come on. We’re gonna be financially free. Let’s go. Let’s see.
Dave:
Oh, so I have a question. I have a question, Dave. Now, this is an interesting one. But as I listen to you, do you think that your success because that educational program you were all in the room, you all had the books and and frankly or candidly, three instructions are in all of these books. Whether that’s the educational program that you brought college, whatever, like they’re they’re. And what I’ve found is that most people actually just don’t do it. But do you think that your ability to jump off that cliff and cross the bridge was because you were at rock bottom?
Brandon:
This is really a crux of my question like, Is it that you were that desperate? And that’s what differentiated you. Do you think that people need to be in that spot, or can they be in a different spot?
Brandon:
That’s so insightful? And I mean that sincerely. That’s Ah, that’s a great, great question, Andi. I can answer it with clarity because it’s coming from two places. One is desperation.
Dave:
When I got sober, Guy said to me, He said, I got the gift of desperation on We think desperation is is bad. It was a gift for May, right, the gift of desperation, the gift of financial ignorance, the gift of getting hurt over and over and over again and still standing up and trying to do it the same way, expecting a result, failing every single fricking day, a trade in time for money and trying to find joy and freedoms. It’s a fool’s game, so yeah, I was rock bottom, but I had I had exhausted all options for May.
Dave:
Now That’s me. Guy said to me one time You said, Pick the floor that you want to get off of the elevator. You could go all the way to the basement basement, one basement, too. He said, Oh, you could choose to get off on the fifth floor, the 10th floor. Whatever floor you want is what you’re doing working for you.
Dave:
And if it isn’t, are you going to do something different? So, yes, rock bottom was a was a component, But here’s the other one, and I think this one is actually more powerful.
Dave:
When I invested in myself, I purchased accountability.
Dave:
I’m going to say something on this, this this goal with you that I don’t think I’ve said before. The company that I invested money with and the program that I was supposed to implement was horrible.
Dave:
A customer service was dog.
Dave:
Do do the the the ability to implement what they were learning was challenging. I paid for five specific classes and to this day, I only ever attended to I think, Good Lord.
Dave:
But you just But those were key then.
Brandon:
Look, man, you just said it all the instructions air in the book They’re in a 14 99 book there in ah, there in a you know, a one day virtual seminar.
Brandon:
All the answers air there. The pieces that are missing for me was accountability.
Dave:
My brain is wired this way, but when I flip that switch on, I make a decision.
Dave:
There’s no going back.
Dave:
If you could see behind me right now, there’s a couple of old Victorian diagrams of the heart, right?
Dave:
I’m not a real big tattoo guy, but I’ve been thinking about this for a while. I’m gonna stage in my life where I am ready to tattoo Ah, heart where my heart goes on my chest Because above it is going to go The words with every beat underneath it will say I move forward because for May, it’s been It’s just been a theme in my life, man.
Dave:
As soon as I stand still, if I parallel if I over think I’ve lost so I just make a commitment to always be in forward motion and and that my friend, is maybe what the differentiator.
Dave:
But they held you accountable.
Dave:
They held you accountable.
Dave:
I’m interrupting.
Dave:
But they really I mean, it was that accountability.
Brandon:
That was like, Hey, Dave, did you do this on on Friday?
Brandon:
No, Brendan, it wasn’t them that helped me a counter, brother. It was my wife for myself.
Dave:
She’s like, What are you doing, big boy? What are you doing? Did you do the marketing thing? Because, look, here’s what I found out with that particular company was they don’t care about my success. It was It was It was an investment for them, you know?
Dave:
And what was interesting was this is that I became the student extraordinaire because I actually did the stuff right on. Then they looked at me and they go, man, you’re out there, you know, kicking ass and taking names. And I’m like, thank you very much. And again, to my point, isn’t everybody. And they went No. Do you want to teach some of this? I’m like, what? You want to teach it? I’m like, What do you mean, teach it? I’m not just coming out of almost losing my whole life, and you want me to start teaching it? Well, look, man, you’re just implementing what you learn, and then you’re getting results. That’s all you need to teach. Don’t lie. I’m stand there and say your Ah, gazillionaire when you’re not, tell your story and tell the truth. And that was how I transitioned out of, you know, just being a student to be to being an educator before the TV show, which was interested.
Dave:
Well, were you still in England?
Brandon:
No. No, this is all in the states.
Dave:
So how did you How did you get across that pond?
Brandon:
Sex.
Dave:
But I was I was drinking back then. I was I was in school in London and I and I met a girl in, uh in a local ale house and she was American, and we were dating.
Dave:
And Look, man, I’ve made some decisions in my life.
Dave:
Her visa ran out. I’m like, 19.5 years old. She’s like my visa ran out. I got to go home.
Dave:
I’m like, Okay, you want to get married? She’s like, Yeah. Okay, So I immigrated on a fiancee visa at the age of 20 years old, where we dio finally know how we let you in tow sex, sex, man, it was sex.
Dave:
It’s funny.
Brandon:
I went from went from London, England, and we landed in shady side Ohio, Right in the middle of the rust Belt in 1986 beer bellies, ball caps and chewing tobacco.
Dave:
Man, I’m like, What the heck is this place?
Dave:
This is crazy, man. They called everybody Young’s and y’all.
Dave:
And then I moved across the Ohio River because I wanted to up my game a little bit. Started living in Wheeling by God, West Virginia.
Dave:
Oh, my God. I never knew that, Dave, actually.
Brandon:
Yeah, man, I sold chemicals to Moundsville State Penitentiary. That’s where Charlie Manson was locked up.
Dave:
Oh, my God.
Brandon:
I’ve seen some stuff, brother. Yeah, it was a trip. There was a trip, you know, I’m still drinking back then. I got sober at 23.
Dave:
Okay. West Virginia moved up to New England.
Dave:
So you so Okay. Now, now, now we’ve got some context. You’re here in the States. You gotta cross because of sex. You’ve got yourself a visa because you married into it all legal, of course, but interesting way to do it. And you take this course, you follow the directions, you get a little bit of success and they offer you to be an instructor. And you say, why not Yeah, And here’s what was interesting was was this is that they say being instructor.
Brandon:
But what they’re really saying is sell our education programs.
Dave:
That’s what you’re offering me to dio on a commission.
Dave:
Look, probably, Yeah, it was a commission basis.
Brandon:
Sure shows a commission basis.
Dave:
And it was interesting for me because I found myself on the other side of the curtain, if you will, in real estate education, and I learned very quickly that there is good and then there is very, very bad in that arena. You know, a lot of these smaller educators just sell him bullshit in a box for 1000 bucks is what I call it. And, you know, there was a lot of there was a lot of that out there, you know, 10, 12 years ago, Thean Internet was not as strong as it is today. And the good news is, is that a lot of those those clowns, those those predators are out of the education space today and lots There’s other companies that just grew too quick and couldn’t fulfill, couldn’t help their client base.
Dave:
And then there’s other companies that just made decisions that were good for them and not for their clients.
Dave:
So for May, I started on this journey of education, and I check this one out. I’m in San Francisco and I was presenting for a gentleman who did multi family investing.
Dave:
And there’s maybe 400 people up there and I’m doing an hour and a half presentation and they could invest in a, you know, in a home study course with some CDs and stuff. You know, the typical the typical things that were out there and this lady came up to me and she was an Asian lady and she she she said, Dave, Dave, Dave, Dave, I’m like and I recognized it from other events that I had spoken it and she said, Dave, you gotta help me.
Dave:
I’m like, How can I help you? And she said, Done, You gotta help me do, Ah, quick wholesale deal I said Why?
Dave:
She said, I can’t I can’t buy anything else I’m like, What do you mean? She said, I got $110,000 on my credit cards on. I haven’t done a deal. I need your help.
Dave:
Brendan, How many?
Dave:
How many courses and how many coaching programs do you need to buy to get up to $110,000 on?
Brandon:
Look, man, I I went, I just looked at her and I said, I can’t I don’t know what to tell you, darling.
Dave:
I said, I’m in the fact that we live in America and you could file bankruptcy and she started crying and she said I work for the Postal Service, not Postal service.
Dave:
She said, I work in a government agency. She said If I filed bankruptcy, I lose my job.
Dave:
I never forget that lady, and I kind of took it to heart. And that was the day that I almost quit educated and one of the old timers in the education space touch gloves for me.
Dave:
And he said, What’s the matter? You’re not You’re not the energetic guy that I know you to be on, but I can’t do this, man. He’s like, Why? And I talked about him? I said, Look, I’m just coming out of the worst financial situation I’ve ever experienced in my own life, and now I’m standing on these stages in front of 400 people sharing the you know, the love and the Alleluia for for wealth creation through through real estate, he said.
Dave:
David, he said, Here’s the thing. You don’t have to be the expert.
Dave:
You just report the other experts successes. He said. Do you believe that the guy that you’re representing does what he says he does? I said, Yeah, I’ve seen his apartments and know it I know him personally. Yes, I’m proud to stand next, he said.
Dave:
Then if you’re okay with that, then understand this, he said. Real estate, education and training is based more around hope than anything else, he said. That’s That’s the commodity.
Dave:
What does Tony Robbins cell he sells? Hope. Hope that your business is gonna be better.
Dave:
Jack Canfield, influential Go in My Life, sold me hope so me hope that if I do the things that they do, I will get the results that they get.
Dave:
I mean, he said to me, If you’re okay with that, then stay being an educator and a platform speaker, and I wrap my head around it and and committed to it.
Dave:
And it was a It was a duel race.
Dave:
For many years, my income was from both training and educating as well as my own real estate businesses. And to this day, I’ll help. If somebody calls and I can help him, I’ll help him. I don’t You know, I’m not always charging money for my for my influence today. I’ve been blessed to be where I am. So it was a powerful journey. And then and then one day I’m I got I got a TV show being office.
Dave:
Yes. So how’s that? So just just I mean, you have, like, we can’t You just can’t skip that. Just Oh, I just got a TV show. Like, uh Well, Dave, I gotta drive, actually down to L. A. And maybe I’ll stop at the gas station. Somebody offered me a TV show, you know, I don’t know, Like, look, I I had think about it, right.
Brandon:
You and I are on this podcast together.
Dave:
You’re on the other side of the country, right? I’m from the other side of the world. And yet I find I find my my people right around my people and my people at that time in my life, where we’re real estate educations and trainers online business got eyes and girls.
Dave:
These were the guys who created Click Funnel. These were the guys who could put butts in seats at seminars. These were your Gary V s and the rest of those guys on there. Like I just began to change my environment. And there was the guy. Russell Bronson is his name. If anybody’s familiar with Russell, and he wouldn’t even know that he did this for May. I gotta I gotta touch close with him and just let him know that it was his fault. But Russell Bronson sent out a blast emails or a few select people saying that there was a company in New York that was looking to bring back the house flipping genre.
Dave:
Right? So, production company now it was the same production company that had done flip this house right flip this house at admitted its peak in 2000 and seven. Market crashes out. Nobody wants to talk about flipping houses. So those all went away. And then we were the first ones to come back in 2000 and 10 or 11 is was around there. But he sent me a funny sent me a vanilla application for a download toe.
Dave:
Apply for this show I’ve been around enough entrepreneurs and you’ll testify to this, right?
Dave:
How do I separate myself from the pack so that I get noticed?
Dave:
I’ve been around enough marketers and entrepreneurs to know that if I was gonna fill out an online app, I was either going to get buried in the stack or I was going to get it recognized. So I got myself recognized by filling out my application with the most horrendous profanity I could think of.
Dave:
Oh, my name.
Brandon:
Yeah, well, the opening line was name of your company and then fill in the block and I write in there. Go f yourself, LLC, that’s the name of my company, right? Describe that your team players look dip shite. I said in the thing, I’m big D I’m the, you know, I’m the real estate British bulldog of real estate and laughter. I’m also I kick ass multiple firefighter. When everybody else goes rushing out, we go running in. I kicked the crap out of this, but but But but But I just kept going and going and going, and I’m saying Please don’t. Please don’t come down and kicked me in the butt. Grandma right and the theme throughout my my hi profane tirade on the application was Don’t call me right.
Dave:
Don’t call me. Just get on a plane train or an automobile. Come for Boston. Let’s stop filming. Forget all the stuff in between. Let’s go, baby. Go right.
Dave:
Send I hit.
Dave:
Send 15 minutes, Brandon, the phone rings 212 Area code New York. So I picked up the phone on I look at it. I thought I told you not to call me. You a hole e a says I’m standing here on. Then I’m like, call back, please call back. He goes back again. Kids laughing his ass off on the other end of the phone. He says you’re either a lunatic or a genius. E I thought you told me. I thought I told you. Just come filming. Come on, let’s go. We’re gonna have some fun, brother. I got this field and that’s where it started.
Dave:
And they found a little. We did one season. We figured that would be the end of it on. We got the highest ratings in that time slot for a and E on a Saturday morning, and then they call up they go.
Dave:
Okay. We need 13 more episodes, and I’m like, that’s 13 houses.
Dave:
You know what I’m saying?
Dave:
So each episode if I I remember watching you is a project correct into its correct.
Brandon:
Yeah. And you got to remember brother were in New England, you know, we got some old stuff here.
Dave:
We don’t just put piping cop it in and say, Oh, look at this fantastic food, you know, like they do in Las Vegas or some of these other markets. You know what I mean? So, you know, way had to go date.
Dave:
We had to grind, and it was a blessing, you know, it was a blessing.
Dave:
It put me in a position where I can touch gloves with guys like you.
Dave:
Let’s be frank, right? Puts me in a position where I can do business with at a high level. I mean, I shed. I’ve shared arenas with Tony Robbins with pitbull with Daymond John through throughout common connections. You know that that guy was good too. May He treated me well, and he gave me opportunity. So, you know, the TV show was was great for that one day I’m sitting in the firehouse. And the next day I’m on on the today show and I’m a You know, I’m a pundit on CNBC and I’m sitting next to the vice president of the Federal Reserve. And he’s asking my opinion. I’m really Steve, really stay on the market and I’m like, Oh, I gotta stuff. You know, it’s funny. I remember that moment vividly because, seriously, we’re on squawk box. It’s myself on my my old business partner, Pete. We’re on score box and there’s Joe and Andrew and Becky. Quick, I think her name is the girl on Squawk Box. The late Sorry, the lady on score box. And they bring this guy on. He was the vice vice president to the Federal Reserve. Hey, he looks at me. The VP looks at me and he asked me a question on the last one. On the end, I’m like they just asked me a question. Right. And I had this this moment of insanity. Brandon, where in my head I’m going Run, Forrest, run! Get like you sort of write euphonious out of a gun, get out of there like slide off of the chair and go away.
Dave:
And then and then in that nanosecond, the voice off truth for one of a better term over palette It and that voice had a lot of profanity in it.
Dave:
In my head, I’m a firefighter or a heart, right?
Dave:
And it was like, No, no, you ain’t going anywhere. You earned it, You poor accountability. You implemented what you learned. You you went the extra mile. You never gave up. You never laid down. You never surrendered.
Dave:
You earned the freaking right to sit on a panel anywhere with anybody at any time.
Dave:
And it was funny. I remember I watched a clip of that particular moment and you stole my body language. Man, I’m like, Run, Forrest, run! I have all this internal dialogue in nanoseconds and I’m like, There’s a matter of fact. I appreciate you asking me that question. I was going to pontificate on that one myself. Blah blah, blah, blah, blah, blah, blah and some pure not the brilliance came out of my mouth. So, you know, it was the TV show was a blessing and a curse. A blessing for its exposure occurs for its financial benefits. Like in all these people are out there, right Now that you know, they kill their grandmother toe, get a reality TV show because apparently gets your job in a big white house somewhere later on down the line? I don’t know.
Dave:
Yeah, well, we’re for him.
Brandon:
For him. I don’t know. Probably won’t work for me because I’m a immigrant to the United States. That’s important here. Would have to do any person saying I gotta get a British passport. But anyway, no, I don’t have an American passport and a British. Well, just don’t tell the English, but, um, it was, you know, it was It was It was interesting. It was interesting.
Dave:
I’ve been talking Teoh one of the executives a any past couple of weeks, and we recently bought on Kevin Harrington from Shark Tank onto our advisory board on the fund that we’re we have Well, let’s let’s just let me stop you real quick because I want to get back so that people know where we are now.
Dave:
Now you’ve done the show you doing educational programs with flipping Boston and and your own personal. They have seen more stuff. And now now you have come up with the idea. Now, anyone would be very hard to argue that you had a ton of experience. And one thing I do want to say on that panel, I think that people in general, I think we all have those imposter syndrome type feelings. But the bottom bottom line is when you’re in the trenches, when you’re doing the work, you actually know what is actually happening versus being a professor.
Brandon:
Not that I don’t like professors, but studying it is very, very different than being.
Brandon:
It’s like an entrepreneur like you could study being an entrepreneur, you could want to be an entrepreneur. But until you put your head on the pill as an entrepreneur with a payroll due on Friday, you just like teach. Teachers aren’t you’re not going to study it and then teach it and be effective, like until you can go to bed at night knowing that you’ve got a payment on that house that you’re flipping, that’s doing a balloon payment in 90 days. If you don’t flip it, then there’s just like I wouldn’t wanna learn from anybody who was just studying it.
Brandon:
So I’ve got an eight year old and it’s a 10 year old boy at home and we were sitting on the couch last night. End of the day, Just watching a little bit of mindless TV on my my oldest one.
Dave:
Jefferson. He’s 10 years old and it looks to me and he goes, Dad, what should I get? Should I get like a doctorate, a masters or what’s the one underneath that I go? I think they call it a bachelors. He goes, Well, what do you have that I said? I said, I’ve got I got an associates degree in fire science because what’s what’s an associates degree? I said, It’s the easy one. That’s why I got E.
Dave:
Well, absolutely.
Brandon:
I think I think everybody gets called. I grew up with a single mom, and I always say, like I’m overeducated with all these degrees because if you come from a single parent, it doesn’t have a lot of money. You’re gonna want your kid to have all these degrees because it’s insurance policy. But the truth of the matter is, is that it’s the experience that really counts. And those are the how do you get? How do you get the experience? You get the experience either by learning from someone who does it are going to do it going and doing it.
Brandon:
Onda. Look, man, every time I’ve I’ve ever walked out onto a platform to share education through real estate investing, I always open up with the line. What do you want? Why are you here? Right? People go more money. More. They’re small.
Dave:
That and I said some Great. You want more knowledge? Is that correct? Yeah. Knowledge Day teachers. Awesome. I’m going to teach my ass off these 34 days for you, I said, But let me ask you a question.
Dave:
Would you all agree that knowledge is and then they all finish the sentence power on then I I’ve always said, Is it is it really?
Dave:
Knowledge is powerful because the end of the equation is the implementation of the knowledge. And that’s where 99.9% of the people fail. I have I have trained and coached guys from from Harvard University, with degrees coming out of every orifice of their body.
Dave:
The smartest people under the sun on this, this bulldog firefighter from Lynn, Massachusetts, went in There are more than quadrupled what they were financially doing in their lives because off the fact of the implementation was the scariest part.
Dave:
And a lot of people will wallow in the joy of knowledge. Or let me learn some, or I’m gonna learn some more and some or I’m gonna analyze some more numbers. I’m gonna If you don’t, then you have no exposure.
Dave:
So that knowledge piece was always very interesting to me. Don’t forward was the implementation being the most powerful component?
Dave:
So I think that’s yeah, it makes it really good sense. It’s a great insight. And I was thinking about it. I was listening to you. I have overeducated, I guess if you call to monsters and $150,000 worth of it, not including my undergraduate and some close masters work in another place nearby my house. But the I think you know, the people that I learned the very most Roman are mentors if or coaches or whatever the right word is who were actually doing their business.
Brandon:
Correct. And those are the people that I would have. A mentor who’s in the real estate business built to real estate companies, took one public Warren Buffett bodies on the boardwalk. You know, those lesson. He barely graduated college, made a ton of money, but those lessons were It was because and I used to fish on Fridays with this guy is because I could hear what was actually going on because he’s on the phone on the way to the river, the way to the bay with what’s happening in doing that.
Brandon:
So I don’t want to get off track there.
Brandon:
But I think it’s an important lesson for people to lessons there is learn from people who are actually doing it. Not that school and professors are important, but the people in the trenches you put there head on the pillow at night knowing what what it means. And then two is the take away is it’s really execution, like at some point, I almost like this is not even in my self interest or years day, but it’s like, Hey, if you’re listening to this podcast and you listen to like 90 of my episodes, stop listening and go do it like don’t listen to any more of my don’t listen to any more education like you’ve got enough knowledge to just go go spend half of it implement. But Anyway, let’s get back to the story. You are. You got this? This you do this? I don’t even know what the call this tactic Cussing pro fan protein application. Guy calls you up, You hang up on you. Hey, strategy I don’t you hang up on him, he actually calls you back. He starts taping, and you wind up with this top rated show on flipping Boston. You do some education, Obviously goes along with it. You wind up on these crazy panels. But you do know all this information, because by this time, you had four seasons, which is at least 13 houses a piece or something.
Brandon:
Yeah, No. So we ended up season one. The first order came in for 13 houses. And then once that that order is fulfilled. Then you see how your ratings are, and they order more. So we ended up doing 3, 3.5 seasons. 2029 episodes or 29 houses.
Dave:
29.
Brandon:
Yeah. Amazon Prime is has got all of our shows on there right now, which is a trip. I actually I actually got a royalty check because it’s playing in turkey and I got I got a royalty check for, like, $500. I mean, I was styling, man. I went out to dinner that night at a party, but it’s it’s kind of interesting. I am. You know, we we did all of those episodes and and it it just brought a lot of traction with it. But the real estate business in the education space, we’re always working in tandem, friend. And I never I never did all of one thing rather than anything else on as I alluded to earlier, the actual making of a show didn’t create income for May. I mean, at the end of it, I think it was like for 30 grand an episode. I had to split that with my old business partner, Pete. And I wasn’t getting any condition money, you know that. No dunk a dunk money over.
Dave:
But it is a platform. You know, I was actually, uh, aside and I want to get to your fund that you that you dealt with all this experience and bringing that actually to the to the I don’t know what you call a normal person who wants to buy into an opportunity. But speaking to Russell Bronson. I was I actually, I’m really mad at Russell Bronson. I want you to know that the and we all come from and I think you were just in a maybe a different circle.
Brandon:
I was online marker since 1996 and we all ran in the same circles. I mean, there’s there’s a whole group of those that’s, you know, Frank Kern. There’s a Frank Kern. There’s a Perry belters and current Matt Bai sack.
Brandon:
I mean, we know all the same guy.
Dave:
I ran in a in a I was on the east Coast. I ran in, sort of, ah, acquire circle, mainly because I had this fishing site and everybody was like, Yeah, you’re never gonna make money with that Little did they know that, turning all that traffic into. But here’s why I’m mad at Russell. So I guess there’s a double edged sword. Russell is telling all of our secrets in these damn books that he’s writing, okay?
Brandon:
And I bought every one of the damn books because I want to see it now. I guess the dirty secret is no one actually reads the book, so I’m not that worried, but if you read the book, I’m reading his new traffic secrets. I just get madder every book I could. When I see him, I feel like I’m gonna punch him in the face or hug him. I don’t know which one, but I’m so headed him. But he told a story, which, which is true because I remembered about the celebrity apprentice in Arsenio Hall in the long and short of it is Arsenio couldn’t raise money. It was mainly because he didn’t have this platform anymore to really do anything. So it’s really important to always keep your your platform going so that you have this vehicle because it allows you opportunity.
Brandon:
Agreed, agreed. And if I, you know, if I was brutally honest, I allowed influences to I don’t want I don’t know what the right word to use Brandon, but I allowed influences to lessen or soften the impact I could have had. With that opportunity of the TV show, there were times where I, you know, I’d be in a decision making process, like every fiber of my body is screaming go right, And yet the influences and the other members around me are screaming Go left, and I’m like, guys, you don’t see what I see. Let’s go. Right There were times I you know, I’ve got some regrets as toe how that platform could have been elevated better, right? How it could have been presented in a different way. But, you know, man, I gotta be grateful for for the for the gifts and then at the same time learned my own lessons. I gotta fail forward.
Dave:
Well, you got plenty of time, Dave, like, yeah, I mean, there’s there’s plenty of time. And here’s the thing that I I’m working on. One of my companies has a pretty big project. And there’s a gentleman there, a ton of experience. Learn some things. He said, Brandon, what you’ve described which I described a situation very similar years, Dave, which is I knew, and in fact, I knew it.
Brandon:
My wife knew we were in business relationship, and I was like, This is just not this is fundamentally not right.
Brandon:
Like you are not going in the right direction and just every ounce of me. But there’s this thing that humans do, which they romanticize that that person could gnome or and and it’s one of these things.
Brandon:
Where if actually, if you were just so egotistical and you were willing to just be like, No, I’m always right, you actually might have done better.
Brandon:
But there’s this crazy balance that if you do that thing in this, but I romanticized as it sounds like you did that they knew more than I dio and I was open to them being right because they’ve had success. Right? And and But this is one of those things that just because the past says that it happened doesn’t mean that they know the future. And I think that that’s just a natural thing, Dave, that humans romanticize this idea. That and there’s this crazy balance. Now I think the good news probably for you and I is at least I can speak for myself. Dave, I will never, ever make that mistake again.
Brandon:
Now, not that I won’t believe someone, but this one decision that was made that I fundamentally new was wrong. I will never make again and agreed. I’ll say the same thing, right?
Brandon:
Agreed, agreed. I’m in a I’m in a CEO position today and that position affords me to live and die on my own decisions, right? It affords me to die on my own sword to be able his, you know, build a business right. Building a business requires core competencies of multiple people.
Dave:
And as the CEO of the company, I think I got it the easiest. Because here’s the way I look at it today. I just identify the very best people that I can in the core competencies that I need fulfilled.
Dave:
And then I get out away every single freaking time. I try and put my finger in the pot and add my genius expertise in a specific area marketing, for example, where I have none, right? Every time I do that, I screw it up. And then I got to go back and say to my team, Guys, I apologize. I thought I was doing the right thing. So I’ve learned those lessons. I think you know, it comes down to humility, but then at the same time having a rock rock solid vision for where the company is going to go.
Dave:
Don’t deviate from that.
Dave:
Like I say to my guys all the time. Is this specific thing going toe add or detract from our core vision. You tell May I’ll be honest about it. Yeah, it’s going to detract next. What about this? Done next. That way I know that that forward motion, you know, it is not being is not being deterred at any time. On Look, that isn’t easy, because, you know, if you’re a good guy or a good girl and you like people, you kind of want to entertain, you know, entertain ideas.
Dave:
But I’ve walked away from probably 10 or 15 flips that I would have done pre co vid. I’ve got to shut down lines of communication because they’re becoming a nagging nag ling in my head like, dude, you you haven’t bought value in so long. I can entertain it anymore. I gotta go, You know, on now is that it’s not always hard. If if their friendships, I’m for always I’m gonna wrap it up with this one.
Dave:
Come in and talk about your new venture. Freedom Venture is Here’s what I’ve learned over all my years and all the companies I’ve tried in the ones that I’ve had successes.
Brandon:
If I go into the room as a CEO and I’m the smartest guy I’m scared of, you know what?
Brandon:
Because at that point, probably in trouble because you can’t know all those things deep enough.
Brandon:
And in those meetings, there needs to be people smarter than you.
Brandon:
And you need to be able to have an ego that allow. I mean, look, any founder on has an ego like anybody who says that that’s not true. When people try to make that to be a bad thing, it’s not a bad thing. It’s a good thing, a za, long as it’s not taken to some crazy extreme. But at the end of the day, yeah, of course, people like, Oh, you, Brandon, you like, get a lot of attention. Yeah, I actually dio I I like the media. I like the plot. I’m just like you like it’s not a It’s a good thing, but I think the test there is if you’re the smartest person in the room, your goal as an entrepreneur founder, whether you’re doing real estate or anything else is to get people who are smarter than you. But with that, you actually, through all of this experience, really do have a ton of experience in real estate and talk about your current venture it It sounds like you. You and I were talking before we got on, and we talked a little bit over emails as a leading up to this podcast. But you really see an opportunity right now to invest in real estate and then talk a little bit about your approach on how people could be a part of this new thing. Toe leverage All the experience that you have.
Brandon:
Awesome look, real estate investing is there’s really only two ways to do it.
Dave:
You could do it as an active investor or a passive investor.
Dave:
An active investor is what I’ve been for 12 plus years of my career from single family houses, too small apartment houses, toe, you know, larger apartment houses, toe lending, toe hard money lending private lending notes. It’s just that’s what I do is my career, and I freaking love it. I jumped out of bed and go play every day, so I’m active. Well, a lot of people say I’m too scared to be a landlord. I don’t wanna go out and look at properties. I don’t want to fix it. I don’t wanna deal with 10 minutes toilets and trash I just want to create income from real estate without doing any work, and that’s a passive investor.
Dave:
So his where we’re at today we’re setting it up with those two options and both the correct, the only wrong and so is to do nothing right so dependent on somebody’s the and I am processes.
Dave:
We see the opportunity right now because of Cove it and all of the pain and misery that it’s bought. But more importantly and, well, I don’t wanna be the doom and gloom, but the pain and misery it’s going to bring in massive upheaval and chaos.
Dave:
It’s just factual, created, unprecedented opportunities in business and development and change.
Dave:
And, you know, the people that are underneath the desk right now the sky’s gonna fall chicken little put their hands over there is believe all the bs that you’re getting media. They will be the losers at the end of the run, and I don’t say like your loser.
Dave:
I say that you’re gonna lose the opportunity that’s in front of you will be. That person who pulls, you know, like a Hillary Clinton and looks over their shoulders is what the hell happened and Then there’s the other group, which are the proactive rather than the reactive.
Dave:
That’s that’s us, man.
Dave:
And again, No, no, no morality, no right or wrong or good or bad Black White. It doesn’t matter. It’s It’s just a knob survey, shin of of implementation. So for us, instead of going there on everything we went bullish on, what we see is the opportunity that Kobe creates. And for us, it’s housing.
Dave:
It’s multi family complex is in the right market under the right conditions, but we buy the right price now.
Dave:
We were maybe three weeks into the covert crisis, and I reconnected with a very good friend of mine who is a what’s called a syndicator. And he has purchased large apartment complexes throughout the Gulf Coast region of Florida.
Dave:
And he’s done that for probably the past 15, 20 years of his career on what he’s done is he’s he’s raised approximately in his career, $125 million of private funding.
Dave:
He’s deployed that capital in that period of time.
Dave:
He spent it, I bought assets with it. He’s returned it back to the investors Principal Preservation, plus a 20% plus internal rate of return that he’s paid back to those investors for the lifetime of the capital. Now, for those of you who understand investing, we do what they’re called. Look backs, right. You look back and you gauge what investments have outperformed, what other investments and then their risk analysis.
Dave:
And if you look at commercial real estate investing in a multifamily arena, it’s outperformed all other commercial asset classes. And it’s obviously outperformed the stock market as well because of the volatility of the stock market. However, because people don’t know anything about it, they don’t invest in it.
Dave:
It’s too scary. I don’t know what that is.
Dave:
How does that work?
Brandon:
So Walter connected with me and he said, What are you doing?
Dave:
I said, I’m transitioning. I’m pivoting out of what I’ve been doing with my current investments.
Dave:
What’s the landscape look like? Walter, What do you see?
Dave:
He said The forbearance is that have been leveled against single family homes when they are coming off of the assets and the bank puts their hand out and says, Pay me is going to create a massive change. Something like four million forbearance is in the country right now and unfortunately, because of my blue collar mentality, which is prevalent, right?
Dave:
People are now paycheck to paycheck on when the bank puts their hand out.
Dave:
What happens next?
Dave:
The bank has to take the next box on the checklist, which says, loan modification, short sale for clubs. That’s it. Those are the options that they’re gonna have no matter what the government decides to go.
Dave:
So the bank is always going to get paid one way or another. So that creates a housing crisis in the sense of people are gonna have to leave their homes and go somewhere else. So we look at that as an opportunity to be a great landlord, to be a good business and give great housing to people. So we focused on the Gulf Coast region of Florida, where Walter is done, the majority of his business. That’s that target market on what we what we decided to do was this.
Dave:
He said to me, I don’t want to do one’s East twosies meaning one apartment complex or two or three apartment complexes individually each time, he said.
Dave:
If we raised $100 million we do it under the securities and Exchange Commission rules and regulations, which is a red defiling a 506 c. So if we do that, what we can do is not by just one of them, we could buy them all.
Dave:
And he said, Because of my track record in the marketplace, I’m going to get inbound calls from sellers lower in our marketing costs and marketing is gonna be all about outbound calls for capital to come into the farm.
Dave:
So it’s It’s like the levers on a gauge one goes up in one go goes down. So we went through the investment to create the fund. We went through the investment of building at our marketing strategies, and we are in that fund raised position right now. And what’s interesting is this is that we are already beginning to see the inbound calls coming in.
Dave:
We’re already beginning to see a $5 million capitalization rate, which is coming in the verbal commitments at this point.
Dave:
But once I hit five mil boom, I’m ready to go by. I’ve got assets under management at that moment in time, and it’s funny. I’m having a lot of conversations. Brandon, with a lot of investors.
Dave:
And when I start talking about our preferred rate to return and targeted capital targeted returns on quarterly distributions and lifetime, it’s like it.
Dave:
It’s beginning toe. Just get motion, get motion. A lot of investors are contributing and committing their retirement funds, so you allow him to come in through self direction. So the way the fund works real quickly. Is this accredited investors? Only SEC says an accredited investor earns $200,000 a year or more individually, 300 or more as a couple $1 million in net worth, not including equity or their primary residence or equity in their primary residence.
Dave:
Now you’re credited. Once you’re accredited, the SEC says you could now look at my alternative investments because you’re intelligent enough to earn 200.
Dave:
You must be intelligent enough to understand real estate, which blows me away, absolutely blows me away.
Dave:
Amount of people out there that are like six and seven and eight figure owners who don’t understand the tax advantages of real estate, whereas, you know it rolls off rolls off of my back. So accredited investors $100,000 minimum commitment to the fund that buys them shares or units in the fund, and now they benefit from everything that’s inside the fund rather than just one entity inside the fund. So that offers diversification and safety that you wouldn’t get in any other kind of real estate transactions.
Dave:
6% preferred right of return. 8 to 12 targeted rich turns on quarterly distributions and then 20 plus targeted returns for the life of the fund, which is six years. So it’s an illiquid fund. Any once the money’s in, we’re working it for six years. Can’t raise your hand. So I changed my mind. Says this is long pants, not short pants, right? It’s big boy time. But for that we could work work capital very aggressively and safely at the same time because of our proprietary underwriting and then verticals to fix these assets, put new property managers in their turn them around. Last, I could go on like I love this stuff. I could go forever. Lastly, I’m not interested in the big units. I’m not interested in the, you know, the one eighties to 300 unit apartment complexes. There’s plenty of guys out there were chasing those right now, and they’re paying too close to retail forum. We’re still pre Cove in in the sense of we don’t see the results of fully of what Cove is going to do afterwards.
Dave:
We don’t want those because it’s like driving the Titanic. If you’re trying to fix a huge ship and turn the corner, it takes way too long. We love like the 20 toe 1 41 60 apartment complexes. I think of those is like a little speedboat we get in that little speedboat. We crank up the engine, we get rid of the crappy property managers. We lease up the empty units. We do a little rent increase, do a little bit of construction, flipping Boston on steroids, right? Little fluff and bath. Nice kitchen. Oh my God, Look at that. It’s beautiful. Let’s get the tenant base in on. Then we could turn those faster so that we could meet those quarterly distributions to our investors. So that’s it. Big picture. I hope that was clear enough that there’s there’s a lot of movie props on our side, but on the invest decide it’s easy.
Dave:
They just put money in and get a check every month.
Dave:
Now I got a question for you on the accredited investors I’ve seen now with the new SEC rules, actually, and maybe this is a decision that you and your team have made on purpose. But isn’t there an opportunity out there to take non accredited investors with some new SEC rules with crowdfunding and things like that?
Brandon:
They I like that question, because what you’re referring to is what’s called a wreg A or Regulation A for Alfa Fund, or it’s called a reggae fund. If you like a little Bob Marley, what that does is it. It allows an investment company like ours to bring in non accredited investors anywhere between they could do 5000 and up. I think it is. But what that does do, though, is is it limits the amount of non accredited investors into a certain investment fund on that’s up for the fund managers Thio determine that. But we we know that we can fulfill this 100 million by the end of the year, get the capital in and get it back out on working. So this was an aggressive push, larger amounts of capital. I’m actually going to New York and a couple of weeks. I’m presenting up on Wall Street at a nice steak house out there. So a bunch of a bunch of ladies and gentlemen who have the financial ability to do very, very well with their funds eso you, you have kept it.
Dave:
You have kept it to Onley. Just throw listeners out there so that a lot of inbound stuff it is accredited investors which meet that that minimum income and or quote unquote and assets.
Brandon:
Yeah, correct, Correct. Accredited. Only for this fun, However, I wouldn’t I wouldn’t deter anybody from exploring any education they could get from us and that company. I mean, I like you of I’m born from an education world in a sense of I want to share good stuff, things that things that work a lot of a lot of folks that come through. Ah, funnel.
Dave:
Alright. The online funnel. Ah, lot of folks who come through there are not accredited, but yet they can still get serviced with with some video content that we deliver. There’s an opportunity for a free download for for a book that I wrote with my property manager.
Dave:
American. Can people get that at freedom? Venture dot com or where do you have?
Brandon:
Yeah. Freedom venture dot com. Yeah, that’s the landing page on the front page of our website. They scroll down to the bottom of that page. I don’t advertise it because I want people to read, write, you know, do a little work. At least scroll down to find something. Yeah, bottom the at the bottom. There there’s a There’s a link to download that book on unlocking the code. Yeah, if you scroll down, friend.
Dave:
Awesome scroll all the way down there. Hey, who’s that? Who’s that handsome we’re gonna talk about?
Dave:
We’re gonna let’s talk about your team in a minute before we, uh this can.
Brandon:
So there’s a free download right there.
Dave:
Yeah, I’m gonna Right. I’m gonna catch you. Your your email and your information. That’s Ah, that’s a nice little you know, it’s a gift.
Dave:
It’s its’s.
Brandon:
Something thio wet somebody’s appetite as to the commercial world of real estate investing. But understand, that book is really written for the active investor. More than the passive investor. But, you know, we got we got some nice art because there that we that we consistently put out.
Dave:
Yeah, I see that for anybody who’s watching on YouTube, they’ll see that if you’re on the podcast, you go to freedom.
Brandon:
Venture. Thats f r e e d o m venture dot com, and you’ll get this. Now you it looks like you got the original shark from shark tank Kevin Harrington onboard. How is that? Just from, uh, I guess he was interested, obviously And what you were doing, And you guys probably know each other over the years. Talk about that.
Brandon:
I’ll tell you, man, it’s it’s a funny story and, uh, keep it as brief as I can, But, you know, as we began to get the infrastructure going for marketing, you gotta make noise, man. You gotta make noise in the marketplace. You’ve got people interested. So I started breaking down a list of people that, you know, we’re influential, that I knew personally, you could participate in some capacity or another. So I texted Kevin and, um, he’s in Tampa, Florida, which is our market s. So I texted Kevin. I said, Look, man, this is what we’re doing. Love an opportunity to dio doing interview, kind of like we’re doing friend, right? An expert to expert interview. Let’s talk about covert. Let’s talk about pre post Covic business life, whatever.
Dave:
And I forgot I was talking to a shark on very masterfully turned it into a position of Well, if we’re gonna put a lot of effort in which I can he say, because I’m really excited about what you’re doing he said, I’d like to participate in the outside of the fund. How could I do that?
Dave:
And I go back to my team and I’m like, I just got bitten by a shark, fellas, you know, but pod. And he was playing again to like I know I know he’d take the Betas well, and we structured it so that Kevin came on as an advisory board member on in return for that, we get to do, Ah, a huge amount of coal marketing. Together. We already did one press release. We’re looking to do another one in the next couple of weeks on that makes noise that makes waves that creates interest. Kevin offers just that business acumen, man. Just that business acumen. We went down to tamper a couple of weeks back and actually shot like a 20 minute It’s an infomercial man, but it’s It’s four. It’s four kick butt. Real estate investors. Well, three. And Kevin just sitting at one of the apartment complexes by the pool in Florida, banging around ideas and conversation. It came out really, really well.
Dave:
When is that gonna be? Where can we see it?
Brandon:
I haven’t released it yet because we’re not exactly sure where it’s gonna fit. Right, So you’ve got these thes gems of assets. You don’t wanna waste them. You know what I’m saying? So actually, when I get off this call today at two o’clock, I got a marketing meeting with my guys on. That’s at the top of the That’s at the top of the agenda.
Dave:
Well, people would be able to find it. When you do really sit at freedom venture dot com.
Brandon:
Yeah, if you go. Actually, if you go to Freedom Venture, there’s there’s a video there that you scrolled through that just is like a razzle dazzle piece toe Excite people about the Florida market, and then there’s, Ah, there’s a button that you compress on that front page Brendan that says Mawr information on that button. It goes into some nice details. It talks about the methodology of our invest in it talks about the Floridian market. Why we identify it talks about how we so learn more right underneath the investor portal there. So what that will do will take you to this summary. It gives you an opportunity to learn more about the company of fund. That’s a really cool video that we put together kind of sales piece that talks about the volatility of the stock market and why an alternative investment like this could be good for you. The metrics, the geographic focus. Like I said, our methodology for investing and why we do what we dio 3 to 6 year hold and then as an investor, just just, you know, go through the information on.
Dave:
Then there’s an opportunity to register for more information. And if you clicked on that, what that would do is is that would take you to a, um, account set up page on.
Dave:
There’s no commitment at this face. We’ve got to make sure that you’re a fit for us, as we offer you. It really is reciprocity in a two way street. I’ve said it in the past. In my career, I’ve turned away capital because the person offering it wasn’t necessarily a right fit for the project that we had, you know. So once they connect, yeah, they can access the ppm, which is what’s called the private placement memorandum. I can’t just like, blast that out. People have to qualify to see it on. That’s that’s, you know, wrapping that up. It’s It’s heavy, man. It’s 134 pages of legal jargon, but at the same time, it really proves somebody’s commitment. Thio these kinds of investments read through it, understand it? And then if they if they like what they read, they can just they’ll know that one of our team members will reach out to them through a 20 minute on boarding interview, find out what their financial goals are. Some of these conversations have been this. You’ll love this. Yeah, I just want a better rate of return on my money than the stock market. Is it cured in this fund? They said, Well, yeah, the monies in the fund. There’s no guarantees on anything. It’s an investment, but here’s that targeted return on. You’ve done it before. We have no in the fund, but individually we’ve done in the past. And we’re bringing that methodology to the fund. Yeah, that works. Okay, good. Now, thank you. And then, Yeah, I’ll just say, like, if anybody’s listening to their new to that sort of investment, I mean, the 100 page, thank ppm.
Dave:
It’s just sort of standard operating procedures. Yeah, it’s a business plan. It’s a business plan that meets all of the legal.
Brandon:
The legal requirements?
Dave:
Exactly. Well, this is the way site. There’s no you are targeting close at the end of this year and then e I mean, but you’re a soon as you hit that threshold day, you’re gonna start investing like that’s how the fun starts, right?
Brandon:
As soon as we hit five million, we’re investing. If we hit three million like we’ve only been in our race face for about 3 to 4 weeks right now, there’s kind of interested in watching the difference between raising capital and a fund and raising capital as a syndicator. Like you would see it. You’re an experienced investor, right? You understand it. But the average investor out there the doctors, the lawyers, you know, the business owners, they know their business. They don’t know how. So it takes a little little bit longer. Just a warm them up. Get them engaged. But the goal is to have that 55 million is the no no going back scenario. So once that five millions in that money’s out. But we got deals sitting in the pipeline right now that we could buy even if we only had three million in the account we could we could go toe work on, then toe put. The projections were confident that the 100 Milby in the account and out on the street by the end of the year were already fleshing out the the big ideas around Fun too. So this this is this is my This is my my run, man. I’m 53. This is the next 20 years of my life. There’s no deviation from this on to your point earlier on being mentored. I’m being mentor by a company. Right now, the CEO is a young gun cool guy. They have one billion with a B dollars under under management assets under management. Check this out there trying to do one play right now to double their assets on the management in one move. So I’m learning a lot from them because, you know, I’m humble, man. Teach me. I don’t wanna be the smartest guy. So, you know, I got good mentorship. I got fantastic advisory board and great great partners, great partners. So it’s it’s prime to do really, really well for our investors.
Dave:
Well, this just I mean, honestly, Dave, I wish you the very best of luck, but this just makes sense for your career, like this is how it works.
Brandon:
You know, this is going from being a fire fire to take in some seminar to becoming a teacher, to flipping the houses and making a bunch of money to doing the show. And we’re doing whatever 13 in the first is in 29 subsequently and then doing your own investments. It just is a natural progression that you would raise a fund and take your expertise and knowledge and all of these other great team members that you have put together and and put together a fund and just do it on a larger scale. I mean, it’s a natural progression here for you, so I’m excited for you.
Brandon:
Look, man, with every beat of my heart right there on the home. You know, I make another step forward. I mean, that’s that’s that’s it.
Dave:
Yeah, I’m excited. I’m really excited for this opportunity for you. And I think if it’s okay with you, we’ll tune back in. Maybe maybe first end the first quarter. I know you’re gonna be busy, but my time, please.
Brandon:
I’d love to. I’d love to be on it. I’ll be on it.
Dave:
Talk about what investments you’ve made. And then how There how they’re looking at. Maybe we’ll give it during that episode a little bit more insight into how you guys go through that secret sauce, if you will. Deal.
Brandon:
Flow. Yeah, definitely, Definitely. Yeah, it’s, You know, it’s zits. Somebody else’s trial and error that has created we call it the buy box. We don’t deviate from the buy box because the buy box, you know, it pays the investors. Well, it’s not broke. Don’t fix it. Right? Just implemented.
Dave:
Yeah. Hey, thank you so much for coming on board. The very best of luck to you. I’m rooting for your success and we’ll keep a ni out and have you back next year.
Brandon:
You bet, Brother. and let me know what I could do for you.
Dave:
Okay. All right. Are you pumped up? I’m always pumped up When I get done with Dave. He has has so much energy and so much positive enthusiasm. Just awesome. Hey, Dave. Thanks for being on the podcast. And best of luck with your venture. We’ll have you back in a few months. Get an update and see how everything’s going. If you enjoyed this episode, please hit. Subscribe. Leave us a review. I love to hear your comments and tell a friend. Do you think would enjoy this podcast? It’s people like you who have been generous with your time, who have helped us hit the charts until the next episode.
Brandon:
Remember, you are just one business plan away.
Brandon:
I’m rooting for your success.
Brandon:
I’ll see you soon
