Table of Contents - #FreeFlowFriday: Your Patriotic Duty with Dave Dubeau
Welcome to Free-Flow Friday, powered by the Property Profits Real Estate podcast, I'm Dave Dibble and I'm very excited to give you an over the shoulder learning experience around raising capital, as well as other tips, tricks and strategies to help you on your real estate investing journey. So let's start let's discover again and again as Dave Dubow here with another capital concept, capital raising concept for you. And today, I want to help you rethink about the concept of approaching people, about investing with you, because I firmly believe it's our patriotic duty to educate people about our deals and allow them to make an educated decision as to whether it makes sense for them or not. So let me explain. A lot of us, when we get started with raising capital, it's all about us. It's all about me, me, me, me, me. I need the money. I want to grow my portfolio. I want to increase my cash flow, my net worth, create my real estate lifestyle, whatever it is. So it's all very, very self-centered. And we kind of look at our investor partners like mom or dad, you know, that that might bequeath some money on us. It might give us an allowance. They might, you know, do us the favor of investing with us. And I I think that's a big mistake because it's the wrong positioning and it really is the whole wrong idea. And here's what. Most people, most average folks I'm talking about, not not the super wealthy and those folks that are in the top five percent of the population financially, I'm talking about the vast majority of people, their investment choices suck. I mean, think about it, especially these days. How much money are they making on their their money in the bank? Nothing. Not even coming close to keeping up with inflation. If they invest their money in stocks, bonds, mutual funds, that's up, down all over the place. The fees that they're getting charged for that usually makes it the returns little to none. All right. Very, very volatile. Most people buy high, sell low. They do it the entire wrong way. So for most people, their investment choices are pitiful. Now, on the other hand, we're involved in real estate investing. I don't know about you, but I firmly believe that a good real estate deal is the best way for everyday folks like you, like me, like our investor partners, to get an above average return on our money backed by a solid, tangible thing, a real piece of property, real property. All right. I mean, what other kind of investment out there? Offers so many different ways to profit, I mean, depending on a strategy to use and how you count it, there's up to eight different profit centers in a real estate deal. That's amazing. Most other investments have one, maybe two, if you're lucky. All right. Real estate has up to eight that I'm aware of. OK, so that's very, very cool. And then what other investment vehicle out there is there that that we can control? We can exercise so much control over none that I'm aware of, like a really good piece of property. We decide what we want to buy, where we want to buy it, when we want to buy it to a certain degree, how we want to buy it, how we want to finance it. We can negotiate things. Once we get it, we can determine what we're going to do with it, how we're going to optimize it, how we're going to modify it, improve it, all these different things that we can control. And then we can also control how we exit out of the property. So there's so many benefits. So hopefully I'm preaching to the converted here. But here's a challenge. Our investors don't understand it. So it is our patriotic duty to educate people about our deals, show them what the big benefits are, show them what the risks are as well, and allow them to make an educated decision as to whether they want to invest with you or not. We don't have to sell. We don't have to pressure. We don't have to manipulate. We don't have to be doing a whole. Always be closing thing or be the wolf of Wall Street. No, we can have what I call grown up conversations with people showing what it's all about and allow them to make an educated decision. All right. So when it comes to raising capital, it's our patriotic duty to educate people about what we're doing. All right. If you like that idea and if you'd like to find out more about how to attract investors to you and attract their capital to you instead of chasing after it all the time, then join me at my upcoming virtual workshop. You can find out all about that and grab a ticket at Investor Attraction Workshop dot com. Or hopefully there's a link on this video somewhere. Take care and I will talk to you next time. Well, hey there. Thanks for tuning into the Property Profits podcast. If you like this episode, that's great. Please go ahead and subscribe on iTunes. Give us a good review. That'd be awesome. I appreciate that. And if you're looking to attract investors and raise capital for your deals, that may invite you to get a complimentary copy of my newest book right back there. It is the money partner formula. You get a PDF version, an investor attraction book, dot com again, investor attraction book, dot com ticker.