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He’s Placed $7 Billion of Debt for Real Estate Investors & Entrepreneurs & Invests in Luxury Real Estate | Chris Groves E77

He’s Placed $7 Billion of Debt for Real Estate Investors & Entrepreneurs & Invests in Luxury Real Estate | Chris Groves E77

FromThe Rich Somers Report


He’s Placed $7 Billion of Debt for Real Estate Investors & Entrepreneurs & Invests in Luxury Real Estate | Chris Groves E77

FromThe Rich Somers Report

ratings:
Length:
39 minutes
Released:
Aug 24, 2023
Format:
Podcast episode

Description

Rich sits down with Chris Groves – a serial entrepreneur who is leading the way in the lending industry and has funded over $7 billion in loans. He and his wife, Aleyna, started Groves Capital Inc, a family-owned mortgage company with the lowest rates in the industry. Groves Capital Inc. greatest accomplishments have been growing from 2 people to 575 across 25 states in fewer than three years; creating a family feel across the company where everyone works together to help others become successful; and doing billions in volume in such a short amount of time.Chris grew up in a small town of 942 people and started working at farms at the age of 12. At the age of 18, he left his small hometown with only $300 in his pocket and headed to San Diego to pursue his dreams.   Rich and Chris discuss Chris and Aleyna’s recent 10-year anniversary trip to Europe, what a typical Fast Lane Drive event looks like, and Chris’s prior experience as a personal trainer. They also talk about real estate lending (residential and commercial), the current and projected interest rate environment, and luxury rental properties.Connect with Chris on Instagram: @ceogrovescapital--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
Aug 24, 2023
Format:
Podcast episode

Titles in the series (100)

Join host Rich Somers, as he interviews top real estate investors, entrepreneurs, and athletes from all over the world to discuss all things real estate, business, and wealth related. His first guests include Tarek El Moussa - real estate investor & TV personality, and Cliff Avril - former Seattle Seahawks player & Super Bowl XLVIII Champion. Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings, boutique hotels, and short-term rentals valued in excess of $50M. He was an air traffic controller for the government for 11 years, and cashed out his 401k to get his start in real estate investing. Connect with Rich on Instagram: @rich_somers