#146 - How to start doing BIG deals - John Sharkey

Living Off Rentals

English - November 30, 2022 12:00 - 55 minutes - 51 MB
Investing Business Entrepreneurship cashflow landlord propertymanagement realestateinvesting rentalproperties investing passiveincome Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: #145 - Massive cashflow from A-Frames and Treehouses - ALEX JARBO

Next Episode: #147 - How to take your business from chaos to clockwork - Hark Herold

John Sharkey is a fellow military serviceman. Realizing that being in the military meant having to move around so much, he decided to forgo buying property to live in and instead began investing.

Unlike most investors, John started in the commercial investing space and was involved in multimillion-dollar projects, bringing a fresh perspective to the show. Listen as he shares his story and experience in this episode!

Key Takeaways:

[00:38] John Sharkey’s background and starting on property investing.

[07:53] John on how he grew to become a successful investor.

[21:27] Clearing up preconceived notions about commercial real estate.

[25:13] How John made $1.35 million on one wholesale deal.

[30:23] Should the recent change in the market become a concern for commercial investors?

[33:59] On where there can be lucrative opportunities in the current market situation.

[36:14] On the concept of Victory Base, its benefits over the traditional model, and why investors with military experience use it.

[40:21] On changing the language in the rental business.

[41:21] What residents can expect from participating in the Victory Base model regarding ownership/leasing.

[46:18] Defining the Victory Base agreements and obligations.

[48:48] How having military experience can benefit a real estate investor.

[50:42] Lessons John wishes he had learned earlier that he wants to relay to other investors.

Guest Resources:

John’s LinkedIn - https://www.linkedin.com/in/john-sharkey-a8aba32b/

John’s Email - [email protected]

“The Real Estate Game” by William Poorvu - https://www.amazon.com/Real-Estate-Game-Intelligent-Decisionmaking/dp/068485550X

Victory Base Website - https://victorybase.com/

Connect with Victory Base - [email protected], [email protected]

Show Links:

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals