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Greg Herlean

👤 Person
252 total appearances

Appearances Over Time

Podcast Appearances

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Well, and And I think that's a great example of what I see a lot of real estate professionals that want to be doing, let's say, more deals or bigger deals, but they might only have $25,000. And they're trying to do a deal in California, which we know would get you nothing, right? So this subject is near and dear to my heart because... And I gave you that stat.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Well, and And I think that's a great example of what I see a lot of real estate professionals that want to be doing, let's say, more deals or bigger deals, but they might only have $25,000. And they're trying to do a deal in California, which we know would get you nothing, right? So this subject is near and dear to my heart because... And I gave you that stat.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Well, and And I think that's a great example of what I see a lot of real estate professionals that want to be doing, let's say, more deals or bigger deals, but they might only have $25,000. And they're trying to do a deal in California, which we know would get you nothing, right? So this subject is near and dear to my heart because... And I gave you that stat.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

There's 100 million other Americans that have retirement accounts. So if I'm trying to close a deal and I have $50,000, but I've had this roadblock of how to scale, but know this subject now. And I call Rudy. I'm like, hey, look, I got this deal. How about you and three or four of us put together 50 grand each from our IRAs? It's just sitting there anyways. You're not really watching it.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

There's 100 million other Americans that have retirement accounts. So if I'm trying to close a deal and I have $50,000, but I've had this roadblock of how to scale, but know this subject now. And I call Rudy. I'm like, hey, look, I got this deal. How about you and three or four of us put together 50 grand each from our IRAs? It's just sitting there anyways. You're not really watching it.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

There's 100 million other Americans that have retirement accounts. So if I'm trying to close a deal and I have $50,000, but I've had this roadblock of how to scale, but know this subject now. And I call Rudy. I'm like, hey, look, I got this deal. How about you and three or four of us put together 50 grand each from our IRAs? It's just sitting there anyways. You're not really watching it.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Let's all partner in this flip we're going to do or this deal we're going to buy and hold. So it should allow listeners to understand that there's a method for finding partners to do bigger deals and scale their business.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Let's all partner in this flip we're going to do or this deal we're going to buy and hold. So it should allow listeners to understand that there's a method for finding partners to do bigger deals and scale their business.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Let's all partner in this flip we're going to do or this deal we're going to buy and hold. So it should allow listeners to understand that there's a method for finding partners to do bigger deals and scale their business.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah, I love that. And sometimes it's just stepping stone too, where it's like, if I had stayed in the UK, I'd probably have like hundreds of doors now and really gone into real estate. But I left that city after three years to move to America. So I kind of fell out of it. But like, I could have just like had that

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah, I love that. And sometimes it's just stepping stone too, where it's like, if I had stayed in the UK, I'd probably have like hundreds of doors now and really gone into real estate. But I left that city after three years to move to America. So I kind of fell out of it. But like, I could have just like had that

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah, I love that. And sometimes it's just stepping stone too, where it's like, if I had stayed in the UK, I'd probably have like hundreds of doors now and really gone into real estate. But I left that city after three years to move to America. So I kind of fell out of it. But like, I could have just like had that

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Done the value add, got the tenants in, showed the net yield, sold that house for 100 grand more to an investor because I did all the hard work renovating it and restructuring it. And then I could have took that 100 grand profit I made plus my 25 grand cash back out. And now I could have got a half a million dollar house. And then two years later, done the same. So it can compound quickly, too.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Done the value add, got the tenants in, showed the net yield, sold that house for 100 grand more to an investor because I did all the hard work renovating it and restructuring it. And then I could have took that 100 grand profit I made plus my 25 grand cash back out. And now I could have got a half a million dollar house. And then two years later, done the same. So it can compound quickly, too.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Done the value add, got the tenants in, showed the net yield, sold that house for 100 grand more to an investor because I did all the hard work renovating it and restructuring it. And then I could have took that 100 grand profit I made plus my 25 grand cash back out. And now I could have got a half a million dollar house. And then two years later, done the same. So it can compound quickly, too.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

if you it's smart right you just gotta you know like i think your way is a better way which i would advise too which is also bringing in other money but even if you don't want to do that you're scared to maybe do that in the first couple of deals i have so many real estate friends they started just how i explained it and now they own you know two thousand dollars like you you know yeah yeah yeah started with one one being

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

if you it's smart right you just gotta you know like i think your way is a better way which i would advise too which is also bringing in other money but even if you don't want to do that you're scared to maybe do that in the first couple of deals i have so many real estate friends they started just how i explained it and now they own you know two thousand dollars like you you know yeah yeah yeah started with one one being

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

if you it's smart right you just gotta you know like i think your way is a better way which i would advise too which is also bringing in other money but even if you don't want to do that you're scared to maybe do that in the first couple of deals i have so many real estate friends they started just how i explained it and now they own you know two thousand dollars like you you know yeah yeah yeah started with one one being

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah. And that's just, I mean, you just got to start doing it. And I think that's the, I think that's with anything, right? When we talk about any business or any venture or partner, it's working out. I mean, you just got to start doing it. Same thing with the self-directed IRA and start just little by little. You don't have to do all your money.

Living The Red Life
Secrets To Success From Finanical Master Greg Herlean

Yeah. And that's just, I mean, you just got to start doing it. And I think that's the, I think that's with anything, right? When we talk about any business or any venture or partner, it's working out. I mean, you just got to start doing it. Same thing with the self-directed IRA and start just little by little. You don't have to do all your money.