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The Ability to Raise and Multiply Capital is a High Value Skill | Saturday Edition E186

The Ability to Raise and Multiply Capital is a High Value Skill | Saturday Edition E186

FromThe Rich Somers Report


The Ability to Raise and Multiply Capital is a High Value Skill | Saturday Edition E186

FromThe Rich Somers Report

ratings:
Length:
17 minutes
Released:
May 11, 2024
Format:
Podcast episode

Description

On today's "Saturday Edition" episode, Rich is joined by James McCabe – Entrepreneur, Investor, Founder of The Placement Funds,  and Podcast Host of “A Million Ways to Make a Million Bucks.” As an investor, capital raiser, and connector, James has facilitated over $100M for real estate projects in recent years. While James’ funds are primarily focused on Multifamily real estate they also have diversified interests to include businesses and structured lending. James also host the Podcast A Million Ways to Make a Million Bucks.Rich and James start off by discussing the benefits of having a fund vs a syndication, as well as accredited and non-accredited investors. They then analyze the 80-20 rule of raising capital and providing value outside of the deal. Lastly, they talk about the value of podcasting and social media, the people that invest in the first deal, and who may not be a great fit to invest.Connect with James on Instagram: @_jmccabe_--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:
May 11, 2024
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