Building Confidence & Attracting Private Money

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By Sarah Larbi and Alfonso Salemi, Sarah Larbi, and Alfonso Salemi. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Guest: Mike & Lee-Anne Nicholson, Real Estate Investors

Mike & Lee-Anne are real estate investors located in Sault Ste. Marie, Ontario. They have also recently ventured to Detroit, Michigan. They chose Investor Mel & Dave’s mentorship program to learn how to use other people’s money (OPM) to scale up. They strongly believe in listening twice as much as you speak. Let others speak and you’ll hear some interesting things! They also practiced how to sell the idea of private lending. Get ready to ask! Ask for private money – offer the opportunity to work with you – ask for more mortgages – learn how to present your file differently.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about:

  • Inspired by investor uncle
  • Job transitions pushed them to look at other income streams
  • 2017 was a turning point
  • Understanding price points – 100k, 200k, 300k, and up
  • How to buy with OPM
  • Exit strategies for your own business and to attract OPM
  • Having solid cash flow and maintenance budgets

Get in touch with Mike & Lee-Anne Nicholson:
Email:
mikebnicholson@yahoo.com
Instagram: @nicholson_property_investments

This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/
Private Buyers – https://privatebuyers.ca/
BM Select – https://bmselect.ca/

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