Real Estate Investing Profit Masters by Cory Boatright

I’ve got another Corey on the show today, and he is seriously my hero. Corey Peterson, the CEO of Kahuna Investments, is crushing the scene right now with his million dollar multi-family investments. He’s made $3 million in net profits off of some of these properties. On today’s episode, he’s breaking down his profit master investment strategy and sharing the secrets of OMP. That’s Other People’s Money for those of you wondering. Corey’s got some incredible tactics for linking up with investors. He’s going to walk us through his elevator pitch and give us all pointers on how to build the right kind of investment relationships.

Corey’s going to tell us how we can stop listening to the tiny voice in our head that tells us we can’t. Self-talk and self-doubt plague a lot of us in this business. Real estate investment comes with a lot of risk, and no doubt these risks are intimidating. But Corey gets support from some amazing people, and his strategies for overcoming fears and investing wisely will really propel you forward in your own business.

If you’ve never considered multifamily before, don’t shy away from it now. It’s very similar to single-family investing, and Corey has a few strategies for breaking down the math and really understanding these intimidating concepts. He knows how to find the best accountants and management teams, and he’s even narrowed it down to the little things like when to raise rent and how to improve tenant relationships with lighting. If you’re interested in branching out of your comfort zone and want try a new approach to investing, seriously listen to what the Big Kahuna has to say.


MINUTE MARKERS

5:00 - Meet the Big Kahuna himself – Corey Peterson!

6:02 - How did Corey get into real estate investing?

8:57 - Who was Corey’s first mentor?

10:05 - What was Corey’s breaking point?

15:00 - How Corey turned his investment process into a lifelong journey

17:40 - Corey’s huge profit master investment strategy

19:33 - What two things are investors looking for?

20:24 - Corey gives us his elevator pitch for finding investors

22:08 - How investors can use their IRA to help you out

25:40 - How does Corey build relationships with his investors?

27:55 - Corey seriously raised $1.4 million in OPM! (that’s other people’s money)

29:22 - Corey’s $8 million “Godfather” real estate investment strategy

32:32 - The powerful value adds you can get from multifamily investments

34:45 - How Corey cleaned up a bad apartment

38:16 - Lighting is more important than you think for your investment

40:15 - Where Corey found amazing accountants

42:16 - What’s forced appreciation and what does it do to your NOI?

45:56 - What is a capex?

51:00 - The greatest lesson Corey ever learned

55:48 - Corey’s favorite motivational quote

58:50 - Corey’s favorite book

1:01:40 - Corey doesn’t use a single app except Facebook

1:02:41 - Corey’s winning morning routine

1:03:41 - A mentor is Corey’s key to success

1:05:12 - How does real estate investing continue to inspire Corey?

1:06:22 - Who is Corey most grateful for?

1:08:45 - Corey’s dropping a brand new education program

1:09:03 - When is Corey’s book coming out?


QUOTES

The one thing I can say I am good at is raising private capital. I got really good at it. - Corey

 

What I realized is that money is always patient, it always has the last look, the money is able to negotiate the best deals, the money is in the money. - Corey




RESOURCES

Kahuna Wealth Builders

Kahuna Investments

Rich Dad, Poor Dad by Robert Kiyosaki

The Richest Man in Babylon by George Samuel Clason

Why the Rich Get Richer: The Secrets to Cash Flowing Apartments by Corey Peterson

Dave Lindhal


Ask Cory A Question

Want to get in touch with Cory and ask him your most burning Real Estate Investing question?  We’ve made it super easy for you.  Just head over to our Ask Cory A Question page and start recording.  Cory will play your question live on an upcoming show and answer it personally.

Who Do You Want To Hear From?

Name some folks I should get on the show! Hit me up:support@realestateinvestingprofits.com and I’ll do my best to get them on.

Did You Get Your FREE Investing Guide?

TEXT the word PROFIT (38470) to immediately sent Your FREE Investing Quick Start Guide!

JOIN The Elite Real Estate Investor’s Board of Directors

http://JoinMyMastermind.com

Connect Here

Please check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.

 

And don’t forget to get involved with the REIP coaching program at coryscoaching.com or realestateinvestingprofits.com/coachingapplication or click on the “Coaching” tab on our website!

 


I’m changing it up a little bit on today’s episode of the Profit Master Podcast. Typically I bring on amazing real estate investors to share their profit master strategies, but today I’m talking to Nick Raithel. He’s the creator of Content Corps, and he helps expert investors like you write and sell their own books. Think about it – a book can be your own personal business card. You could sell it at conventions or carry it with you to meetings. Writing a book is a great way to help your expertise go viral and really position yourself as an authority in real estate.

Are people always asking you how you do what you do? Do you find yourself giving advice to other people more often than not? I was always experiencing that, and that’s why I wrote my own book. Having a book is amazing way to start a conversation and find leads for your business. Clients are more likely to trust an investor who’s published a book or two, and you’ll establish yourself as an authority in real estate investment just by sharing what you already know about this business. Seriously consider what writing a book could mean for you and if it could truly benefit your business plan.

If you’re interested in writing a book, take a look at Nick’s process at Content Corps. It’s called The 7-Hour Book and he breaks down that process a little bit on today’s episode. He shares the different strategies you can take to tackling your own book, and he’s somewhat of an expert when it comes to marketing. Writing a book is something to seriously consider if you want to make a positive change to your business. Nick Raithel’s advice today could really help you out, so tune in now and decide for yourself if writing a book is right for you.


MINUTE MARKERS

4:50 - Here’s Nick Raithel!

6:13 - Why are books so inspiring?

7:25 - How did Nick turn books into a business?

10:10 - Nick breaks down the writing process

10:55 - Why should you consider writing a book?

12:15 - The perks of writing a second book

13:42 - The time-frame of Nick’s publication process

15:40 - How many pages are these books?

17:55 - The cover of your book is more important than you think

21:10 - How much does it cost to write a book?

22:09 - How will you distribute your book?

24:15 - How will you position your book?

25:39 - How to use your book to share your time

31:38 - The greatest lesson Nick ever learned

33:35 - Nick drops some great advice for new writers

34:24 - Nick’s favorite motivational quotes

35:20 - Cory’s new podcast – Book Gangsters – is coming soon!

36:41  - Does Nick get 8 hours of sleep?

38:23 - Nick’s morning routine

41:57 - Nick knows how to make water taste better

42:30 - What is Nick most grateful for?

45:05 - Nick’s favorite mentors are actually dead guys

46:40 - What gets Nick out of bed in the morning?

48:36 - Contact Nick at Content Corps to start writing your book


QUOTES

You have to be actively integrating your marketing into that process of creating the book. - Nick

Do what you can, where you are, and with what you have and run with it. - Nick


Links and Resources

Content Corps

Audible

Charity Water

Russell Bronson

Real Estate Riches by Cory Boatright

 

Ask Cory A Question

Want to get in touch with Cory and ask him your most burning Real Estate Investing question?  We’ve made it super easy for you.  Just head over to our Ask Cory A Question page and start recording.  Cory will play your question live on an upcoming show and answer it personally.

Who Do You Want To Hear From?

Name some folks I should get on the show! Hit me up:support@realestateinvestingprofits.com and I’ll do my best to get them on.

Did You Get Your FREE Investing Guide?

TEXT the word PROFIT (38470) to immediately sent Your FREE Investing Quick Start Guide!

JOIN The Elite Real Estate Investor’s Board of Directors

http://JoinMyMastermind.com

Connect Here

Please check out our website, realestateinvestingprofits.com for the “Down and Dirty” Ultimate Real Estate Investing Quick Start Guide download.


And don’t forget to get involved with the REIP coaching program at coryscoaching.com or realestateinvestingprofits.com/coachingapplication or click on the “Coaching” tab on our website!

Direct download: Episode_61_Nick_and_the_7_Hour_Book.mp3
Category:general -- posted at: 5:00am EDT

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