Real Estate Investing Tips ft. Johnny Lynum | VA Loans & Wealth Building
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Jeff Gill에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Jeff Gill 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Episode Title: Real Estate Investing with Johnny Lynum
Host: Jeff Gill
Guest: Johnny Lynum, seasoned real estate investor, active duty Air Force Lieutenant Colonel, author, coach, and philanthropist.
Introduction:
- Welcome to "Navigating Financial Freedom."
- Today's guest is Johnny Lynum.
- Johnny's background: born in Detroit, Michigan, raised in Grove Hill, Alabama.
- Founder of Operation Invest and REI Genius.
- Over 17 years in real estate, owning about 120 units valued at over $14 million.
- Specialties: project management, success coaching, marketing, capital raising, buy-and-hold investing, fix-and-flip, and motivational speaking.
- Author of "Millionaire Real Estate Success Strategies."
Episode Highlights:
- Starting in Real Estate for Military Personnel:
- Utilize the VA loan for purchasing properties.
- Buy properties early in your military career.
- VA loan allows purchasing 1-4 unit properties with 100% financing.
- Example: Johnny's first duplex in Warner Robins, Georgia.
- VA Loan Process and Benefits:
- Requirements and benefits of the VA loan.
- No purchase limit, but possible entitlement limits.
- Process of refinancing to restore entitlement.
- Investing Strategies:
- Johnny's evolution from buy-and-hold to fix-and-flip to multifamily investments.
- Importance of having a team and managing projects remotely.
- Example: Johnny's first 18-unit apartment building purchase during COVID-19.
- Mindset and Psychology in Real Estate:
- Importance of mindset in negotiations and transactions.
- Tony Robbins' influence: success is 80% psychology, 20% skill set.
- Focusing on adding value and understanding the seller's story.
- Market Trends and Predictions:
- Real estate resilience, especially in single-family homes.
- Local market variations and their impact on investments.
- Multifamily trends and new construction impacts.
- Importance of diversification and understanding interest rates.
- Financial Literacy and Community Involvement:
- Johnny's passion for teaching financial literacy.
- Importance of financial education for underserved communities.
- Johnny's book "Millionaire Real Estate Success Strategies."
- Success Stories and Mentorship:
- Success stories of Johnny's mentees.
- Example: Reggie's first contract and subsequent multifamily deal.
- Importance of taking action and consistency.
- Programs and Resources:
- Johnny's multifamily mastermind and eight-week accelerator program.
- Teaching individuals to scale properties and raise capital.
- Launching Line of Capital, a private equity fund for real estate investments.
- Balancing Family and Business:
- Block scheduling and prioritizing family time.
- Importance of having a supportive team.
- Example: Johnny's commitment to attending his children's soccer practices.
Closing Remarks:
- Johnny's contact information: JohnnyLynum.com, active on LinkedIn, email: Johnny@JohnnyLynum.com.
- Encouragement to visit the website for more information on programs and consultations.
- Jeff Gill thanks Johnny for sharing his insights and experiences.
- Encouragement for listeners to subscribe and share the podcast.
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