Episode 69: Building Lasting Investment Partnerships in Real Estate

In this new episode, we are delighted to introduce our special guest, Jeff Niemeier, a true industry expert with a diverse range of roles. Not only is he the charismatic host of the popular show 'Student of Money,' but he also holds the esteemed position of Managing Principal at JB Capital Management. Jeff generously imparts his wealth of knowledge regarding the crucial importance of professional development in securing a strong financial future.

Throughout our engaging discussion, Jeff takes us on a personal journey, sharing his own experiences and moments of enlightenment. He vividly illustrates how Robert Kiyosaki's renowned masterpiece, 'Rich Dad, Poor Dad,' has profoundly shaped his perspective on the subject of wealth.

One standout moment in our conversation is when Jeff underscores the significance of focus and the importance of aligning with the values of potential investors to cultivate enduring and successful investment partnerships.

It's an interview filled with valuable insights for anyone interested in the real estate industry and financial well-being.


Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut

Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5

Connect with Jeff Niemeier

✅ LinkedIn → https://www.linkedin.com/in/jeff-niemeier-4987319/
✅ Website → https://www.studentofmoney.org/

Time Stamps

[00:01:03] Introduction to Rich Dad, Poor Dad
[00:05:41] Real estate as a college investment
[00:09:51] Creative financing options for real estate
[00:12:55] Cash flow and rental property
[00:16:40] Controlling leverage and debt
[00:19:07] Asset protection and liability
[00:23:10] Syndication and investor trust
[00:26:31] Buy and hold investment strategy
[00:29:55] Tokenization of real estate
[00:33:40] Real estate syndication regulations
[00:39:19] Building a winning team
[00:42:10] Learning from others in real estate
[00:46:33] Capital stack using debt and equity
[00:48:46] Niche lawyers and expertise
[00:51:34] Community banks and lending limits
[00:55:21] Reciprocity and helping others

Quotes
 
"Learn how to use OPM, other people's money."
 
"I tell people all the time, it's not how much money you make, it's how much money you save and then reinvest."

"I always tell my people that I when I gave my masterminds and the people that I advise or come ask me, I always tell them debt is a double edged sword and it'll take you down."
 
"So that's what I call a good deal, because that's what a bank wants to see. If they're going to finance something, they want to know that it's already rented and you have cash flow coming in."

"You make your money when you become laser focused."

"I've had people that had slip and falls."

"You need to be doing business with the community lenders, with the credit unions, with the local guys that you can sit down and build a relationship with because this is exactly what happens with the big guys is you're just a number to them."

"I love to sit down with people, sponsors or partners, all of them, and build genuine relationship."

"The advantage is there is, is you can do you do advertising to the public and you can bring up to 500 non-accredited investors on that."

"Find some really good people and then get out of their way."

"They will eventually this whole thing reciprocity."

#thepathtowellth #realestateinvesting