Business School is hosted by Sharran Srivatsaa, President of Real (TSX: REAX) (NASDAQ: REAX), the fastest-growing, publicly-traded, real estate brokerage in the world. Sharran grew Teles Properties by 10x in 5 years to $3.4 Billion in sales and eventually sold the business to Douglas Elliman. Sharran is also an accomplished “deal guy” and private equity investor. He is the Chairman of private equity firm Highland Prime which focuses on investing in service-businesses and also the Chairman of ARC Multifamily Group which focuses on value-add multifamily investment projects. Sharran is a former Goldman Sachs and Credit Suisse banker and a sought after keynote speaker and is the creator of the wildly-popular 5am Club call for Entrepreneurs. On this podcast, Sharran shares his best secrets on how to grow your business strategically, how to build your brand elegantly, most importantly integrate the profits in your business with an overall joyful life. For more free resources visit Sharran.com
https://www.sharran.com/podcast/
episode 75: My Ridiculous $2,000 Real Estate Investment
Click Here to Get All Podcast Show Notes!
What would you do if you spotted a good investment opportunity but didn't have enough cash? Do you just let it go? In this week's short episode, you get to hear the story of Sharran's very first real estate investment and the lesson he learned from that experience. Some might say it's foolish to bury yourself in credit card debt to finance a purchase, but the story turns out to be different for Sharran. Tune in to the podcast to hear the full story of how Sharran started to build his real estate empire.
If you would like to invest with Sharran's deals and be included in their priority list, put "Podcast Deal" in the subject line and email helen@sharran.com.
“If you could create pockets of liquidity regardless where they come from, you can do some amazing things.”
- Sharran Srivatsaa
Timestamps:
00:00 A quick story on how to invest in real estate without experience
02:59 The letter in the mail that allowed Sharran to buy the $99K property
05:13 What Sharran did after the grace period on the initial credit card debt
06:02 Selling the property for $110K and learning the lesson well
06:40 Discover unconventional ways to create liquidity
Resources:
- Rich Dad Poor Dad by Robert Kiyosaki
- Grab Sharran’s 4-Week MBA for Free
Connect with Sharran:
- Website