Artwork

Contenido proporcionado por Corwyn J Melette. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Corwyn J Melette o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Player FM : aplicación de podcast
¡Desconecta con la aplicación Player FM !

EP 148 Part 1: Leveraging OPM & OPT: 10X'ing Net Worth in 10 Years with Emily Cortright and Adam Roberts

18:44
 
Compartir
 

Manage episode 430202270 series 2998280
Contenido proporcionado por Corwyn J Melette. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Corwyn J Melette o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

In this first part of our interview with Emily Cortright and Adam Roberts, co-founders of A&E Investments, we dive deep into their journey from engineering careers at GE Aviation to building a thriving multifamily real estate empire valued at over $225 million. Emily is a renowned real estate investor and author, while Adam is a celebrated real estate consultant known for his innovative strategies in market analysis and property management.

Emily and Adam delve into the importance of financial tracking, leveraging other people's money (OPM) and time (OPT), and the diversification of portfolios. They also explore the world of mortgage note investing, explaining its advantages and how it complements their multifamily investments. The episode underscores the value of mentorship and education in navigating the real estate industry.

Key Takeaways:

Background and Transition to Real Estate (3:05-5:05)

  • Emily and Adam's journey from engineering careers at GE Aviation to full-time real estate investing, emphasizing the importance of passive income and financial freedom.

Why Multifamily Real Estate (5:07-6:36)

  • Transitioning from single-family flips to multifamily investments for scalability and business growth.

Portfolio and Market Focus (6:41-7:11)

  • Managing and controlling a portfolio over $225 million, primarily in Texas but also invested in other regions as limited partners.

Financial Tracking and Decision Making (7:17-8:47)

  • Importance of tracking financials (income, expenses, balance sheet) to make informed decisions about quitting corporate jobs and pursuing real estate full-time.

Challenges and Overcoming Fear (8:52-10:18)

  • Acknowledging the difficulties and risks in transitioning to real estate, and how understanding the worst-case scenario can provide confidence.

Motivation and Control (10:24-11:26)

  • Being in full control of their destiny and not relying on corporate stability as a major motivator for Emily and Adam.

OPM and OPT (13:12-14:46)

  • Explanation of Other People's Money (OPM) and Other People's Time (OPT) as crucial concepts for scaling business and investments.

Leveraging Joint Ventures and Partnerships (14:56-15:53)

  • The importance of partnerships and joint ventures for business growth, especially for those not good at certain aspects of the business.

Bootstrapping and Scaling (16:13-17:45)

  • Initial hard work and bootstrapping are necessary before leveraging OPM and OPT for exponential growth in business.

Recommended Book: "Building Wealth Through Real Estate" by Emily Cortright

Connect with Emily and Adam@:

Connect with Corwyn@:

Shoutout to our Sponsor: ROBYN COLLINS

Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.

Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today.

  continue reading

183 episodios

Artwork
iconCompartir
 
Manage episode 430202270 series 2998280
Contenido proporcionado por Corwyn J Melette. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Corwyn J Melette o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

In this first part of our interview with Emily Cortright and Adam Roberts, co-founders of A&E Investments, we dive deep into their journey from engineering careers at GE Aviation to building a thriving multifamily real estate empire valued at over $225 million. Emily is a renowned real estate investor and author, while Adam is a celebrated real estate consultant known for his innovative strategies in market analysis and property management.

Emily and Adam delve into the importance of financial tracking, leveraging other people's money (OPM) and time (OPT), and the diversification of portfolios. They also explore the world of mortgage note investing, explaining its advantages and how it complements their multifamily investments. The episode underscores the value of mentorship and education in navigating the real estate industry.

Key Takeaways:

Background and Transition to Real Estate (3:05-5:05)

  • Emily and Adam's journey from engineering careers at GE Aviation to full-time real estate investing, emphasizing the importance of passive income and financial freedom.

Why Multifamily Real Estate (5:07-6:36)

  • Transitioning from single-family flips to multifamily investments for scalability and business growth.

Portfolio and Market Focus (6:41-7:11)

  • Managing and controlling a portfolio over $225 million, primarily in Texas but also invested in other regions as limited partners.

Financial Tracking and Decision Making (7:17-8:47)

  • Importance of tracking financials (income, expenses, balance sheet) to make informed decisions about quitting corporate jobs and pursuing real estate full-time.

Challenges and Overcoming Fear (8:52-10:18)

  • Acknowledging the difficulties and risks in transitioning to real estate, and how understanding the worst-case scenario can provide confidence.

Motivation and Control (10:24-11:26)

  • Being in full control of their destiny and not relying on corporate stability as a major motivator for Emily and Adam.

OPM and OPT (13:12-14:46)

  • Explanation of Other People's Money (OPM) and Other People's Time (OPT) as crucial concepts for scaling business and investments.

Leveraging Joint Ventures and Partnerships (14:56-15:53)

  • The importance of partnerships and joint ventures for business growth, especially for those not good at certain aspects of the business.

Bootstrapping and Scaling (16:13-17:45)

  • Initial hard work and bootstrapping are necessary before leveraging OPM and OPT for exponential growth in business.

Recommended Book: "Building Wealth Through Real Estate" by Emily Cortright

Connect with Emily and Adam@:

Connect with Corwyn@:

Shoutout to our Sponsor: ROBYN COLLINS

Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.

Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today.

  continue reading

183 episodios

همه قسمت ها

×
 
Loading …

Bienvenido a Player FM!

Player FM está escaneando la web en busca de podcasts de alta calidad para que los disfrutes en este momento. Es la mejor aplicación de podcast y funciona en Android, iPhone y la web. Regístrate para sincronizar suscripciones a través de dispositivos.

 

Guia de referencia rapida

Escucha este programa mientras exploras
Reproducir