Podcasts about magnetic capital

While there's no guarantee that properties will increase in value, historically they have over time -- especially in high growth areas of the nation. But if you want faster appreciation, you have to create it. Real estate investors "force" appreciation by increasing the value of a property through updates, renovations, or development. In this episode, my guest Victor Menasce, shares how he forces appreciation on his properties. And he says it all starts with the right mindset.  Victor is a senior partner at Y Street Capital, the President of the Ottawa Real Estate investing Organization, and the host of The Real Estate Espresso Podcast. He's also the author of "Magnetic Capital." You'll also find a wealth of information about growing your real estate business with our new audiobook: “Scaling Smart: How to Design a Self-Managing Business.” You'll find it on Amazon. Please hit the subscribe button before you go! Thanks for listening, Kathy Fettke LINKS

Welcome to the Hero Capital Raising Show! In this episode, we sit down with Victor Menasce, author of "Magnetic Capital," to learn how he raised $35M last year and over $300M in his career. Join us as Victor shares his insights on navigating the market and mastering the art of capital attraction. Tune in for actionable advice to elevate your capital raising game!Key Takeaways to Listen ForCapital Perception: The dialogue underlines the misconception of capital solely as equity or debt, stressing the significance of comprehending its cost.Authentic Relationships: Genuine relationships are underscored as the cornerstone of successful capital raising endeavors, emphasizing trust and genuine connection.Track Record: Demonstrating a strong track record in handling investments, especially during challenging times, is pivotal in garnering investor confidence.Compelling Opportunities: Beyond just presenting deals, the focus lies on crafting opportunities that resonate with investors, emphasizing quality over quantity.Consistent Branding: Consistency in branding, both online and offline, is highlighted as essential for building trust and recognition among potential investors.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches. He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing. He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers. Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedin: Tim MaiYouTube: Tim MaiConnect with UsTo learn more about partnering with us, visit our website at https://javierhinojo.com/ and www.allstatescapitalgroup.com, or send an email to admin@allstateseg.com. Sign up to get our Free Apartment Due Diligence Checklist Template and Multifamily Calculator by visiting https://javierhinojo.com/free-tools/.To join Javier's Mastermind, go to https://javierhinojo.com/mastermind/ and to apply to his BDB Mastermind, see https://javierhinojo.com/mastermind/#apply_form and answer the form.

Victor Menasce wrote the book on capital raising for any worthy venture with "Magnetic Capital". His podcast, The Real Estate Espresso, is a top-notch resource for you as an investor. He interviews Robby here in his classic 15-minute structure. Enjoy! Highlights Why Robby chose to work for Y Street Capital Robby's observations of the company from the inside Thoughts on continuous growth within an organization Overview of feedback received from investor relations Robby on his approach to engaging and understanding investor needs The importance of truth in transactions and decision-making Robby's experience in handling both small-time and institutional investors Episode Resources Connect with Robby Butler www.wealthrenegadepodcast.com www.prosperityeconomics.org Robinson465@hotmail.com TheRentButler@gmail.com The Real Estate Espresso Podcast Episode: https://open.spotify.com/episode/0w4yWkd8KJcnkqvEC5GTkC?si=ffb33603550b4800&nd=1  Review, Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes. Click here to subscribe with Apple Podcasts Click here to subscribe with Spotify Click here to subscribe with Deezer

In this episode of the Million Dollar Mastermind podcast, Host Larry Weidel is joined by Victor Menasce, Senior Partner at Y Street Capital and Author. They discuss his book called "MAGNETIC CAPITAL: How To Raise All The Money You Need For ANY Worthy Venture", why mindset is essential for any business to be successful, and how tremendous business growth can take place as a result of taking responsibility for challenging ideas.

In this episode of the Million Dollar Mastermind podcast, Host Larry Weidel is joined by Victor Menasce, Senior Partner at Y Street Capital and Author. In their discussion, they explore Victor's transition from a thriving engineering career to the real estate industry. They touch on subjects such as determining the ideal time to make the switch, ways to launch a successful career, and the responsibilities that come with being an entrepreneur. Victor's final takeaway is that entrepreneurs must have faith in their ability to accomplish anything.

Five Steps to Raising Capital for New Construction Projects In this episode, join Beau and Victor as they talk about funding new construction projects, raising capital, and identifying the best markets for growth. About Victor Menasce Victor is the author of “Magnetic Capital.” He is the host of the daily Real Estate Espresso Podcast. For his day to day work, he is a principal with Y Street Capital where he specializes in development of new construction multi-family apartments, assisted living, land development, industrial, and workforce housing in several markets across North America. Prior to moving into real estate development, Victor held roles as Vice President of Engineering at Wavesat, a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation (AMCC), a Silicon Valley- based public company that develops microprocessors for numerous consumer products, including televisions and gaming. Victor lives in Ottawa, Canada with his family.

Want a free CRE loan quote? https://quote.peakfinancing.com/quote-request Real Estate Investing in the United States as a Canadian with Victor Menasce Victor Menasce is a seasoned executive having held senior roles in both private and public technology companies (Applied Micro Circuits, Tundra Semiconductor, Somerset Technologies, Wavesat, and Nortel Networks). More recently, Victor has specialized in real estate development projects across the US and Canada as the Managing Partner at US Real Estate Partners. His projects include in-fill apartment buildings in Chicago and Philadelphia, land development in Toronto, and workforce housing and apartment complexes in Louisiana. Victor is the author of two books on investing. His most recent book, “Magnetic Capital” has received critical acclaim from notable specialists in raising capital and business development. A frequent guest on radio and TV, he is called upon to speak on investment strategy. He's the host of the Real Estate Espresso podcast. Today, Victor will share his expertise and experience as a US real estate investor from Canada. He also talks about his new book, Magnetic Capital, that shows how to raise capital for any venture whether it is in the USA, Canada, or anywhere in the world! Anton and Victor will discuss: Investing in the USA out of Canada Picking markets based on the best upside opportunities Price appreciation over the last decade caused him to shift from value add acquisitions to developments Building what the market wants, whether it is multifamily or single family/town homes Differences of developing in Canada vs. USA Assembling the right team is crucial How to be on the winning side of inflation How to build lasting relationships with partners and investors 5 key elements to successful money raising Anton Mattli CEO of PEAK Financing anton@peakfinancing.com https://peakfinancing.com/ Victor Menasce Managing Partner US Real Estate Partners Author Magnetic Capital Host The Real Estate Espresso Podcast www.victorjm.com Peak Financing Facebook Page - Like to receive episode updates and more! Peak Financing YouTube Channel - Subscribe to receive episode updates and recently featured! Peak Financing Official Website - Peak Market Watch Episodes Follow PEAK Financing FB: https://www.facebook.com/peakfinancing/ Twitter: http://www.twitter.com/peak_financing LinkedIn: https://www.linkedin.com/company/peak-financing/ Instagram: https://www.instagram.com/peakfinancing/

Victor Menasce is a developer with projects in multiple cities. He also hosts the daily Real Estate Espresso podcast. In this episode, Victor shares how the new construction strategy allows him to deliver the product the market wants and gives him a fair share of the profit. He talks about infill and how you can take advantage of it by adding value to make money. He also shares what his book ‘Magnetic Capital' is all about in terms of raising capital — how the five elements should be present to make it easier to find the money for your deals. Otherwise, if one of them is missing, then you have difficulty making people invest with you. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you'll learn in just 17 minutes from today's episode: Discover an investment strategy that lets you create a product that is going to be in high demand when completed and gives you a decent amount of profit without having to pay too much Find out the five elements that need to be present to make the process easier when raising capital Find out what opportunity lies between the suburbs and downtown that you can add value on and make money from Resources/Links: www.victorjm.com Topics Covered: 01:00 – What his main investment strategy these days 02:52 – Making sense of ‘Buy the line and move the line' 06:00 – Talking about infill 07:28 – Examples of projects he has done that moved the line 10:38 – The calculated risk you deal with moving the line properties 13:39 – Why he wrote the book, ‘Magnetic Capital.' 14:19 – The five elements of raising capital 17:47 – Why you've got to align the money with the goals of the project Key Takeaways: “I just don't like being in that auction environment. Whereas, if we're building something brand new that's going to be in high demand when it's completed, I can come up with the concept, develop something that's got a decent profit margin — be it for a long-term or short-term, depending on what the desired exit strategy is.” – Victor Menasce “We just love new construction. It's very controlled, we get to deliver the product that the market wants. So, there's not even a question of, `improve these kitchens and bathrooms, ‘is it going to do enough to juice the rents'; we're delivering the product that the market wants today.” – Victor Menasce “People want to invest with people that they know, like, and trust. If you're going to focus on getting to know people, especially people with money, focus on relationships.” – Victor Menasce “You've got to establish trust; it's a psychological contract. It's not just, are you dealing with an honest person? It's, are you able to put together a good plan? Are you able to execute the plan are able to hire the right people? Can I trust you to communicate in an open and transparent way? Can I trust you with my money and on and on and on. If any one of those elements are missing, it doesn't work.” – Victor Menasce “Show me that you know how to be successful. Show me that if you screwed up, how did you handle it, and what did you do to make it right? Track record is vitally important.” – Victor Menasce “Align yourself with people in your team that have that track record.” – Victor Menasce “You've got to have a compelling opportunity. This is where most rookie investors start, they say, I've got a deal, it's all about the deal.” – Victor Menasce “You've got to have perfect alignment between the goals for the project and the goals for the money.” – Victor Menasce Connect with Victor Menasce: www.victorjm.com Facebook Connect with Dave Dubeau:  Property Profits Podcast  www.davedubeau.com  www.investorattractionworkshop.com  Facebook  LinkedIn  Enjoyed the Podcast?  Please subscribe on iTunes for updates 

William Quigley is co-founder of the first-ever stablecoin and most traded cryptocurrency in the world, Tether. He is also the co-founder of WAX, the world's leading decentralized NFT ecosystem. NFTs are very popular currently, and have moved  into sports, art, design, and more. William explains to host Ethan how NFTs and the blockchain will completely transform the way we do modern business and collect items in the next 10 years.  Some other topics in this episode include: Bitcoin predictions for the rest of 2021 The adoption of blockchain technology across other industries Cryptocurrency's market fluctuation   Aside from co-founding Tether and WAX, William is currently managing director at Magnetic Capital, a top investment and incubation firm that has launched the most innovative businesses in the blockchain and cryptocurrency sectors under William's guidance and decades of expertise. Magnetic has funded successful players like OpSkins, Tether, WAX and StrongBlock, and many more, with an estimated $500m in gains across their portfolio over the last decade. 

Today is another AMA episode (ask me anything). Karla asks: Your book “Magnetic Capital” in my opinion is a quality , easy to follow book. Would you please share your own process to write, market and publish your book? Any highs and lows from lessons learned in the process that you can recommend? Have a successful year. Karla, This is a great question. There are undoubtedly numerous ways to write a book, but I’ll share with you my process. When I say this, I’m confining the discussion to non-fiction books. The process for fiction books is somewhat different. It all starts with intention. Some people write a book as a vanity project. For some it’s a large expensive business card. For some it is a real contribution to the world to advance the art and science in a particular area. You really want to get clear on why you are writing a book. It starts with asking a few simple questions, “Who are you writing the book for?” “Why does the world need this book?” “Why are you the one to write this book?” Do you seek publisher or to self publish? In the case of Magnetic Capital, I saw many people who wanted to grow as real estate investors who were lacking the skill in raising capital. Some were trying to raise money and having terrible results. So the book was written for the investor who was looking to grow beyond their own capital, but most importantly, those who were looking to grow beyond the initial stages of leveraging other people’s money. Some people start out by performing a joint venture or two and then get stuck. Most of the books written on the topic tended to be academic in nature and lacked a practical approach to understanding the psychology of raising capital. It seemed like people were out there trying to violate laws of nature, violate laws of human respect, and certainly violate securities laws. So I saw a gap in the marketplace. So let’s talk about how to outline a book. In my case, I took a stack of blank 8.5x11 sheets of paper and brainstormed the chapter titles. I put one chapter title on each page. Some chapter titles didn’t make sense and I threw those away. I then spread out all of the pages on my dining room table so that I could see the big picture for the structure of the book. I could easily move the sheets around so that the sequence of the chapters made sense. I then took each sheet and wrote down 3-5 major points that would need to be covered in each chapter. I then decided which chapters would need real life examples to support the points being made in the chapters. Some books require a lot of research. I’m thinking of authors like Malcolm Gladwell or Jim Collins. In those cases, you might be facing a couple of years of work prior to writing the book. In my case, the book was already inside me and just needed to come out on paper. The mechanics of writing the book was extremely straightforward. I would write every day. Some days I would sit at the computer and write a few pages each day. In the case of Magnetic Capital, the first draft of the entire book was written in under a month, followed by a few weeks of editing. The publishing process has two choices, working with a publisher or self publishing. If you’re going to work with a publisher, the industry has changed. In fact, the work is pretty much all going to fall to you unless you already have a huge brand name with a massive following. Before you can even engage with a literary agent you’re going to need to prepare a book proposal. What they call a book proposal is really a detailed marketing plan when you look at all the headings. There are several templates out there on the internet from various literary agents. I chose to self-publish my book using Amazon as the platform. It was easy to do and there are lots of good resources out there that can guide you on the particulars.

For this episode, I welcome Victor Menasce, the author of Magnetic Capital and the host of the daily Real Estate Espresso Podcast. He specializes in the development of new construction multi-family apartments, assisted living, industrial, and workforce housing in several markets across North America. Before moving into real estate development, Victor held roles as Vice President of Engineering at Wavesat, a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation (AMCC), a Silicon Valley-based public company that develops microprocessors for numerous consumer products including televisions and gaming. Victor lives in Ottawa, Canada with his family. Victor first shares his background story as a microprocessor developer which eventually got tedious and he had to retire. He made a hard turn into the real estate world and is now doing almost all new construction development. We move on to talk about his shift from the tech industry to real estate. There's no one single dominant player in real estate anywhere in the world and people will invest at a level they wouldn't in the tech industry. Victor explains how real estate doesn't require much for people to start investing as compared to tech businesses that require deep pockets to get people to invest. Together we dive into the real estate business approach that Victor took when he joined the industry. He saw a need in his city of Ottawa and strategized a way to serve a targeted market. He started by buying one-bedroom condos within a four-block radius of parliament and marketed them as fully furnished executive suites. He later sold that portfolio to focus on the US market when he saw an opportunity presented by the financial crisis in 2008. We talk about the distress in commercial real estate following the pandemic, which included hotels. Victor explains how wealth is going to be transferred and some good assets will come into the market within a short period. Businesses are especially vulnerable now due to their outstanding debts. We talk about the concept of new builds with Victor explaining his beliefs concerning demand and supply. Victor explains how he and his team learn from their developments in the US on the ‘good side of the line' and the ‘bad side of the line' as is defined by various zoning codes. We move on to the power of developing relationships with the best people in the world. Victor explains how he opened his eyes to opportunities after becoming aware of what is possible. He then talks about his book Magnetic Capital which is about the five principles to help you raise capital for any venture. There's a difference between asking for money and offering an investor an opportunity to collaborate on a project. Victor gives us the reason why he offers compelling and interesting projects that serve a need in the marketplace to potential investors rather than directly asking them for money. We discuss what Victor means when he talks about ‘good charitable cause, bad foundation.' He believes that raising money for a charitable cause is no different from raising money for investment. The foundation of a worthy cause should be set to have an outcome just like an investment does and it is important to look for these qualities when you are looking to invest in one. Lastly, we discuss how to invest like a billionaire by looking for and investing in safe deals. Don't miss this powerful episode of Just Start Real Estate with tons of applicable tips and advice from uber-successful entrepreneur, Victor Menasce! Notable Quotes: “Every single project is a little different, even the ones you design in architecture to look identical to the next.” Victor Menasce “People will invest with you. They will give you capital on a level that they wouldn't in the tech industry.” Victor Menasce “You need to be challenged and pushed out of that comfort zone.” Mike Simmons “Even today, I'm not a real estate guy per se…I really took a business approach.” Victor Menasce “Whenever you have a business model that's based on the assumption that you're going to be able to feed the debt based on the revenue, and the assumption is the revenue is going to stay uniform to service that debt, you have some level of vulnerability.” Victor Menasce “It really comes down to developing relationships with the very best people in the world.” Victor Menasce “Just becoming aware of what's possible opened my eyes to seeing those opportunities.” Victor Menasce “When I saw a void in the marketplace, I just wanted to address that, so that is why I wrote my book.” Victor Menasce “When trust is there, decisions happen faster.” Victor Menasce “If the goals for the money and the goals for the project don't match, don't take the money, because it's not going to work.” Victor Menasce “More sophisticated investors are very clear on what they're looking for.” Victor Menasce “You cannot go into a situation where you're raising funds and appear to need that person more than they need you.” Mike Simmons “Raise funds, don't ask for money.” Mike Simmons “Raising money for a charitable cause is no different than raising money for an investment.” Victor Menasce “If you want to be a billionaire do what billionaires do. If you want to be broke do what broke people do.” Victor Menasce Links: Rich Dad Poor Dad Magnetic Capital: Raise All the Money for Any Worthy Venture by Victor J. Menasce Victor's Website Real Estate Espresso Podcast Victor's LinkedIn 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

Victor Menasce has been in the real estate industry for the past 9 years. He has conducted business in over 15 countries, forged numerous partnerships, raised capital, been awarded patents, acquired businesses, negotiated deals, led organizations, and brought about business improvement. He started locally in Canada and moved quickly into the US markets as the opportunities for great investments presented themselves. This was a right-hand turn in his career as he spent the first 25 years of his career in the high tech industry.[00:01 – 04:27] Opening SegmentLet's get to know Victor MenasceVictor talks about his backgroundHis time in the high tech industryGetting into the real estate industry[04:28 – 14:11] Magnetic CapitalVictor talks about his early investmentsMoving over to the US marketsApplying concepts he learned in tech into real estateFinding inspiration to write his bookBuilding more capitalGetting into their construction projects[14:12 – 19:38] Closing SegmentVictor shares the keys to learn and scale commercial real estateVictor's advice to aspiring investorsHow Victor stays up on top of his gameHis way to make the world a better placeCollect and give other people experiences.How to reach out to Victor – links belowFinal words from Victor and MeTweetable Quotes:“Get the best people on your team. They will not cost you money, they will make you money.” - Victor Menasce“Get the right people on your team, and go after those larger projects. The biggest mistake you can make is to try and be too small. Because then, you can't afford the skills you need to do anything that's real. If you aim higher, that's the key.” - Victor Menasce“You need to find those couple of key projects that will get you to get that breakout. So you may have to put a bit of sweat equity at the beginning.” - Victor MenasceResources Mentioned: Magnetic Capital - Victor Menasce------------------------------------------------------------------------------------------Connect with Victor directly on his website at www.victorjm.com or send him an email at victor@victorjm.com. Be sure to check out their podcast hereConnect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

For this episode, I welcome Victor Menasce, the author of Magnetic Capital and the host of the daily Real Estate Espresso Podcast. He specializes in the development of new construction multi-family apartments, assisted living, industrial, and workforce housing in several markets across North America. Before moving into real estate development, Victor held roles as Vice President of Engineering at Wavesat, a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation (AMCC), a Silicon Valley-based public company that develops microprocessors for numerous consumer products including televisions and gaming. Victor lives in Ottawa, Canada with his family.   Victor first shares his background story as a microprocessor developer which eventually got tedious and he had to retire. He made a hard turn into the real estate world and is now doing almost all new construction development. We move on to talk about his shift from the tech industry to real estate. There’s no one single dominant player in real estate anywhere in the world and people will invest at a level they wouldn’t in the tech industry. Victor explains how real estate doesn’t require much for people to start investing as compared to tech businesses that require deep pockets to get people to invest.   Together we dive into the real estate business approach that Victor took when he joined the industry. He saw a need in his city of Ottawa and strategized a way to serve a targeted market. He started by buying one-bedroom condos within a four-block radius of parliament and marketed them as fully furnished executive suites. He later sold that portfolio to focus on the US market when he saw an opportunity presented by the financial crisis in 2008.   We talk about the distress in commercial real estate following the pandemic, which included hotels. Victor explains how wealth is going to be transferred and some good assets will come into the market within a short period. Businesses are especially vulnerable now due to their outstanding debts.   We talk about the concept of new builds with Victor explaining his beliefs concerning demand and supply. Victor explains how he and his team learn from their developments in the US on the ‘good side of the line’ and the ‘bad side of the line’ as is defined by various zoning codes.   We move on to the power of developing relationships with the best people in the world. Victor explains how he opened his eyes to opportunities after becoming aware of what is possible. He then talks about his book Magnetic Capital which is about the five principles to help you raise capital for any venture. There’s a difference between asking for money and offering an investor an opportunity to collaborate on a project. Victor gives us the reason why he offers compelling and interesting projects that serve a need in the marketplace to potential investors rather than directly asking them for money.   We discuss what Victor means when he talks about ‘good charitable cause, bad foundation.’ He believes that raising money for a charitable cause is no different from raising money for investment. The foundation of a worthy cause should be set to have an outcome just like an investment does and it is important to look for these qualities when you are looking to invest in one.    Lastly, we discuss how to invest like a billionaire by looking for and investing in safe deals. Don’t miss this powerful episode of Just Start Real Estate with tons of applicable tips and advice from uber-successful entrepreneur, Victor Menasce! Notable Quotes:   “Every single project is a little different, even the ones you design in architecture to look identical to the next.” Victor Menasce   “People will invest with you. They will give you capital on a level that they wouldn’t in the tech industry.” Victor Menasce   “You need to be challenged and pushed out of that comfort zone.”  Mike Simmons   “Even today, I’m not a real estate guy per se…I really took a business approach.” Victor Menasce   “Whenever you have a business model that’s based on the assumption that you’re going to be able to feed the debt based on the revenue, and the assumption is the revenue is going to stay uniform to service that debt, you have some level of vulnerability.”  Victor Menasce   “It really comes down to developing relationships with the very best people in the world.” Victor Menasce   “Just becoming aware of what’s possible opened my eyes to seeing those opportunities.” Victor Menasce   “When I saw a void in the marketplace, I just wanted to address that, so that is why I wrote my book.” Victor Menasce   “When trust is there, decisions happen faster.” Victor Menasce   “If the goals for the money and the goals for the project don’t match, don’t take the money, because it’s not going to work.” Victor Menasce   “More sophisticated investors are very clear on what they’re looking for.” Victor Menasce   “You cannot go into a situation where you’re raising funds and appear to need that person more than they need you.” Mike Simmons   “Raise funds, don’t ask for money.”  Mike Simmons   “Raising money for a charitable cause is no different than raising money for an investment.” Victor Menasce   “If you want to be a billionaire do what billionaires do. If you want to be broke do what broke people do.” Victor Menasce   Links:  Rich Dad Poor Dad Magnetic Capital: Raise All the Money for Any Worthy Venture by Victor J. Menasce Victor's Website Real Estate Espresso Podcast Victor's LinkedIn 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

Victor Menasce has been in the real estate industry for the past 9 years. He has conducted business in over 15 countries, forged numerous partnerships, raised capital, been awarded patents, acquired businesses, negotiated deals, led organizations, and brought about business improvement. He started locally in Canada and moved quickly into the US markets as the opportunities for great investments presented themselves. This was a right-hand turn in his career as he spent the first 25 years of his career in the high tech industry.[00:01 – 04:27] Opening SegmentLet's get to know Victor MenasceVictor talks about his backgroundHis time in the high tech industryGetting into the real estate industry[04:28 – 14:11] Magnetic CapitalVictor talks about his early investmentsMoving over to the US marketsApplying concepts he learned in tech into real estateFinding inspiration to write his bookBuilding more capitalGetting into their construction projects[14:12 – 19:38] Closing SegmentVictor shares the keys to learn and scale commercial real estateVictor's advice to aspiring investorsHow Victor stays up on top of his gameHis way to make the world a better placeCollect and give other people experiences.How to reach out to Victor – links belowFinal words from Victor and MeTweetable Quotes:“Get the best people on your team. They will not cost you money, they will make you money.” - Victor Menasce“Get the right people on your team, and go after those larger projects. The biggest mistake you can make is to try and be too small. Because then, you can't afford the skills you need to do anything that's real. If you aim higher, that's the key.” - Victor Menasce“You need to find those couple of key projects that will get you to get that breakout. So you may have to put a bit of sweat equity at the beginning.” - Victor MenasceResources Mentioned: Magnetic Capital - Victor Menasce------------------------------------------------------------------------------------------Connect with Victor directly on his website at www.victorjm.com or send him an email at victor@victorjm.com. Be sure to check out their podcast hereConnect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

What are some ideas of how to think outside the box and negotiate real estate deals during these times? We asked Victor Menasce, host of The Real Estate Espresso Podcast, author of Magnetic Capital, and experienced investor and developer. You can read this entire interview here: https://montecarlorei.com/what-is-a-stranded-asset-how-to-look-for-opportunities-in-stranded-assets/ What is a stranded asset? And then we can jump into some examples of stranded assets. I'd like to make a distinction in defining the stranded asset. Most of the time people are thinking about distressed assets. Now, in a lot of cases, those distressed assets haven't appeared on the market yet, or if they are, it's really just the very beginning. We're in the midst of a moratorium on evictions, a moratorium on foreclosures. But we know there's a backlog at this stage of millions of distressed properties. I read a report last week that showed that 4.5 million homes in the United States are in either in default or in forbearance. And that happened literally in a very short time period. Now, if you think about the entire financial crisis that took five, six years to play out, a total of 10 million distressed properties, we have gotten half of that in just a few months. So the speed with which this market is gone into distress is unprecedented. A lot of money's sitting on the sidelines today just waiting for those distressed assets, whether it's single family homes, hotels, office buildings, retail, there's going to be a ton of distressed assets on the market and all the money will be chasing those distressed assets. Now the stranded asset is an asset that is a perfectly good asset. What makes it stranded is you can't get to it from here. One of the examples that I give is the following, there's a there's a lighthouse in Prince Edward Island called the Baywatch lighthouse. And you can actually book this lighthouse on Airbnb, and you can stay in it on for the weekend. It's in all the tourism brochures and that would be a wonderful income producing asset. Now, if you take that same lighthouse and you put it out in the middle of the Atlantic, and it's a little bit stormy, and it's not very safe to get to, it might be another very good asset from the perspective that it would be great to spend the weekend, that would be a unique experience, but it's stranded because you can't get to it from here, where it's difficult to get to it, it's inaccessible in some way. And that's what distinguishes a stranded asset. Now, we know that there are a lot of restaurants out there that are shutting down, because they've gone through several months now with no revenue, or insufficient revenue. In some cases, the owners are simply tired. I've come across several restaurants just in my own home community, where there's no reason for them to shut down other than the owner is 75 years old, and he doesn't want to go through the energy of restarting again. there are going to be a lot of commercial kitchens for sale, those are maybe distressed assets. Maybe they just shut down because they decided that they're getting out of the business. Those aren't distressed assets. They're just stranded assets. But there's an even more important stranded asset, and that is the relationship between the customer and the menu. You pay them a royalty for every sale, and you deliver their favorite items. Victor Menasce http://victorjm.com/ Subscribe to our newsletter here: http://montecarlorei.com/ --- Support this podcast: https://anchor.fm/best-commercial-retail-real-estate-investing-advice-ever/support

Ms. Kaspar is a Managing Director and co-founder of blockchain and crypto investment and incubation firm, Magnetic.  Since the start of her career in 2012, Ms Kaspar has been investing in and building blockchain companies.  She was an early investor in various digital assets and companies including: Bitcoin, Ethereum, Polkadot and EOS.  In 2017, Ms. Kaspar co-led $172M of early stage token investments in 46 different companies.   Megan and her partners are students of history when it comes to blockchain and cryptocurrencies, with the ability to navigate cycles in the crypto market. The Magnetic team began mining Bitcoin in 2010.  They were the second largest investors in the Ethereum crowdsale and co-founders of the first and most traded stablecoin, Tether.  Among several projects, Magnetic incubated the world’s first purpose built blockchain for digital items, WAX.  They have made several early stage investments in predominant blockchain companies such as Coinbase, Kraken, Bitfury, Wyre and Blockstream.  Magnetic Capital is the team’s crypto fund focused on both digital assets and equity in blockchain companies.  What is blockchain? What is cryptocurrency?  How are they different? There are 2 key properties of blockchain The first property you are all familiar with:  as investment / asset that can be bought and traded.   The other property of a blockchain is as a technology. It’s a tool that can be used to build valuable things you couldn’t build before. Things that can’t be done without a blockchain. This is the side of blockchain that is not well presented to the general public. Let’s discuss blockchain as a tool since that doesn’t get enough attention So when I say tool, what does this tool do?   What industries are going to adopt it? Some tangible examples to drive the point home: Entertainment or Retail/Ecommerce)  –  NTFs Healthcare – vaccine data  Finance – raising capital Wrap up topics: How women are taking advantage of the blockchain revolution in finance.  Why blockchain is great for women No gatekeepers to block you from raising capital Permissionless  Women developed projects: Tzeos, Bancor, etc. Why I decided to start a fund What I love most about being in blockchain

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. In this episode, Todd talks with Victor Menasce about how he got into real estate development from scratch, and his principles of raising capital. Victor began investing in real estate during the recession. This started locally in Canada, and moved quickly into the US markets as the opportunities for great investments presented themselves. This was a right-hand turn in his career after spending 25 years in the high-tech industry. His past roles include, Vice President of Engineering at Wavesat, a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation, a Silicon Valley based public company that develops processors for use in numerous consumer products including televisions and gaming. He was founder and Chief Operating Officer at Somerset Technologies. He also held several senior roles in marketing and engineering with Tundra Semiconductor. He is the author of the new book “Magnetic Capital: How to raise all the money for ANY worthy venture.” He is an active real estate developer and he helps select clients scale their real estate investment businesses. 3 Pillars 1. New development 2. Try not to sell assets – hold onto them 3. Leveraging relationships Books: The Speed of Trust by Stephen M. R. Covey You can connect with Victor at www.victorjm.com or victor@victorjm.com Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Sign up for the Northstar Real Estate Conference at www.nreconference.com and use the coupon EARLYBIRD for $100 off. Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation

This question came up on Saturday where it was part of a lunch discussion with a group of investors over the weekend. This particular sponsor was trying to figure out how to work with a private lender who would be lending funds that the project sponsor would ultimately use to fund the earnest money deposit and the equity for the project. The lender wants a 10% rate of return on their money. He’s also asking which property will be used to secure his loan. But the property has not been purchased yet. How can the sponsor convince the lender to keep money available until it’s needed so the 10% interest isn’t being spent on money that I can’t put to work yet. This is a terrific question. The first thing to pay attention to is the fact that money is not all green. Money always has an agenda. When I wrote the book Magnetic Capital, I found that raising money was straightforward when there is a perfect fit between the goals for the money and the goals for the project. In fact, there are 5 elements to raising money and if one or more of these elements are missing, then raising money becomes problematic. The 5 principles are: Relationship Trust Results Compelling Opportunity Alignment Where you’re having trouble is in the last element called alignment. It’s very important to match goals for the money and the goals for the project. If you don’t have a perfect match between those objectives, don’t take the money because you’re trying to force a square peg into a round hole. Alignment covers the structure and the terms of the transaction. These are things like the Size of the investment The length of time the money will be tied up The rate of return Are the funds secured on title? What’s the tax consequence? What’s the control structure? What’s the risk? The first thing to be aware of is that you are proposing a structure that might be governed by securities laws. Now let me say that it’s not my role to provide legal advice. I’m not a lawyer, and I’m definitely not a securities lawyer. I definitely recommend you get legal advice from a securities lawyer. Any time you have a situation where there is an active party who brings effort, and a passive party who brings money, you could be walking in securities territory. You may qualify for one or more exemptions. A mortgage exemption is one of the securities exemptions that could apply. But if you’re going to be using the funds for the earnest money deposit, those funds are needed prior to closing the land purchase. Unless you’re prepared to cross-collateralize another property it’s not going to be possible to use the mortgage exemption. It seems to me like you have a fundamental mismatch between the goals for this particular lender and the goals for the project. There should never be anything in the process of raising capital that feels forced. It seems to me like you are ideally looking for an equity partner. An equity investment is not a secured investment. It is an ownership investment, not a loan. You can get a loan for the rest of the project, but you will need some equity in the project. If you bring an investor into a project to co-invest with you, then you might also consider a joint venture partnership. This could involve you investing a small amount of your own cash, and involving the investor directly in the decision making. That way, you are both contributing money to the project, and all the partners are active in venture. They become a full partner in the joint venture, and then you don’t have to worry about compliance with securities laws, because a joint venture where all the members are active is not a security.

This episode is part of a series recorded at PodMAX, an event that connects podcast hosts and entrepreneurs within the real estate space who have fascinating stories to share. We catch up with Andrew Schena, real estate syndicator and principal owner of Capital Equity Partners LLC. Andrew is also a partner with Renault Winery, and closely involved in our investor network. He lays out his career path for us, where he started at ESPN, then moved into real estate and syndication. We also discuss investing through a solo 401(k), the importance of financial education, the different types of investors, and how crucial the real estate community is to learn from. Reference Links Andrew’s LinkedIn https://www.linkedin.com/in/andrew-schena-8a570720 Andrew’s Facebook https://www.facebook.com/andrew.schena Capital Equity Partners LLC https://www.capequitypartners.com/ Renault Winery https://www.renaultwinery.com/ Secrets of Successful Syndication https://soss.realestateguysradio.com/soss-seminar Matt Faircloth https://www.biggerpockets.com/blog/contributors/mattfaircloth Rich Dad Poor Dad by Robert Kiyosaki https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680178/ Magnetic Capital by Victor J Menasce https://www.amazon.com/Magnetic-Capital-Raise-Worthy-Venture/dp/1537531581/ PodMAX https://onairbrandspodmax.com/

Victor Menasce is a business management expert and a real estate and syndication pro. He is the author of Magnetic Capital, and host of the popular The Real Estate Espresso Podcast. We jump right in with Victor as he talks about his podcast and the importance of focusing on your audience. He then speaks about his extensive experience as a manager in tech and startups, and how it led to his drive to do real estate. We learn the importance of delegating work and responsibility, and the business of managing remotely. Victor stresses the importance of building your human capital, finding the right fit, and understanding the mindset of the investor. We also dive into the seven job responsibilities in any business, and the most practical way to fund a startup. Reference Links Victor’s Website http://www.victorjm.com/ The Real Estate Espresso Podcast http://www.victorjm.com/podcast/ Victor’s Email victor@victorjm.com Magnetic Capital Book https://www.amazon.com/dp/1537531581/ref=sr_1_1?ie=UTF8&qid=1505332731&sr=8-1&keywords=magnetic+capital+book Real Estate Guys Radio https://realestateguysradio.com/ Don’t Quit: Stories of Persistence, Courage and Faith https://www.amazon.com/Dont-Quit-Stories-Persistence-Courage/dp/0998312584/ref=sr_1_1?keywords=Don%E2%80%99t+Quit+book&qid=1570818174&sr=8-1

The book of the month this month is “Never Eat Alone” by Keith Ferrazzi. This book is all about relationship building and the business and life success that comes from building relationships. When I wrote the book Magnetic Capital, I realized that there were 5 principles that are essential to raising money. Briefly, the 5 are: Relationship Trust Results Compelling Opportunity Alignment between the goals for the money and the goals for your project. I chose this book for the book of the month because raising money and real estate investing is a relationship business. It’s one of the 5 principles and if you don’t master this one, you’re going to struggle as an investor, as a developer, as a syndicator. Never Eat Alone is not a new book. It was first published in 2005 and I think I read it around 2010. But it’s one of those books that continues, even 15 years later to be selling well, and to have impact. I know this because I recommend to all my consulting clients and they tell me how much of an impact the book has had on their approach to relationship building. The author comes from humble beginnings. His father was an iron worker and an immigrant. All his father knew was hard work and low wages. But his father also knew there was another system at play that he wasn’t part of. He asked one day to speak with the CEO of the steel company, a pretty audacious move. But the CEO was so intrigued with the request that Keith’s father was granted the meeting. The result of that meeting was an opening that forever changed the course of the author’s life. Keith went to the most prestigious private elementary school in the area and then ultimately to Yale University and eventually Harvard Business School. The success that becomes available from a school like Harvard has more to it than the quality of the information. The real differentiator is the relationships that come from being in that environment. The author has developed global relationships that include the corridors of power in Washington, Hollywood’s A-list, and eventually led him to being elected as a global leader for tomorrow at the World Economic Forum in Davos. Keith Ferrazzi distinguishes genuine relationship building from the crude desperate business card dealing networking we so often encounter at conferences. The core of the book is a shift in mindset. Some people immediately are looking for something. True relationship building means never keeping score. It’s never simply about getting what you want. It’s about making sure that people who are important to you get what they want too. It’s about maintaining presence in people’s minds. It’s about connecting with people in your circle of contacts all the time, not just when you need something from them. In today’s world of social media connectedness, this is both easier than ever, and in some ways more difficult than ever. It’s easier because the effort to reach out has never been easier. The environment has become so much noisier than ever before. So your interactions have to add more value to stand apart from the rest of the pack. The author addresses the difference between a cold call and a warm interaction. People are bombarded by so much content these days, that most of it gets ignored. Interruption marketing worked 20 years ago, not any more. People are tired of being interrupted. If you’re going to get someone’s attention, then you need to be interesting. That sounds obvious, but people rarely examine what comes out of their own mouth and ask the question “Is this interesting?” That means it needs to sound fresh and different. If you’ve struggled to build the quality of relationships with the kind of people who could make a meaningful difference to your business, the book Never Eat Alone is for you.

There are 5 key principles to raising capital and that is... Relationships Trust Results Compelling Opportunity Alignment Our guest today went from Silicon Valley to Real Estate. His career started as a designer for microprocessors, and raising capital in technology companies. Victor Menasce spent 25 years of his career in the high tech industry. He was, Vice President of Engineering at Wavesat, as a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation, a Silicon Valley based public company. From Silicon Valley to Real Estate he is the author of the book Magnetic Capital, and today he builds multi-million dollar apartment buildings as a real estate developer.

“I'm starting with a blank sheet of paper. I'm not looking to find a deal, I'm looking to create a deal.” – Victor Menasce Victor Menasce is an Ottawa based developer who is active in multiple markets across North America, specializing in new construction of multi-family apartments. He walks his talk in the book he authored "Magnetic Capital: How to Raise All the Funds for ANY Worthy Project” and he is also the committed host of his daily podcast “Real Estate Espresso”. With a 25-year career in the technology industry as an electrical engineer and executive, Victor had a hectic life with business and travel until the day he decided he needed a change. Victor saw that opportunity within real estate and hasn't looked back. He is the Vice President of the Ottawa Real Estate Investors Organization and finds his centre in building businesses and spending time with his wife and family.    Show Notes [02:05] Patrick introduces his next guest, Victor Menasce. [04:14] Victor and Patrick get rolling on their second take of this conversation! [04:54] Victor offers his elevator pitch and how the two primary worlds he's lived in professionally blend into each other so well. [06:48] With his real estate developer hat on, Victor describes how he found himself on that winding path starting in Philadelphia, and the business approach they took to incrementally build on their experience and investments. [09:16] Victor explains where their developments are primarily located, why they chose the area and what his strategy is: buy on the line, move the line. [12:20] Patrick relates this strategy to a similar REIN fundamental, buying in areas of transition and watching the values increase over time. Victor takes it a step further to BE the catalyst for transition. [13:42] Describing a project success, Victor relates how they built in a geographic area they thought may be too far from “the line” but with income projections now exceeded it brings huge value improvements to the building, their cap rates and their clients' investment returns. [15:20] Supply, demand and affordability dictate a broader population moving from city centres like Vancouver and Manhattan out to more affordable hubs with greater lifestyle advantages. [16:52] Along with considering the economic fundamentals of an area, Victor provides an example of how they address the needs and the gaps of the end user to tailor their product, which ensures their longevity and success in the market. [20:15] A well-rounded project team helps to have a comprehensive understanding of the heartbeat of a marketplace and sets everyone up for success. [22:21] A craftsman, Victor's unique and successful approach lies not in finding a deal, but in creating a deal. Seeing a broad landscape of opportunity vs. a tight, single shot also diminishes the need for competition. [26:32] Victor describes five critical elements of attracting capital: develop relationships with investors, establish a track record, establish trust and transparency, offer a compelling opportunity and ensure there is ease and alignment between goals for the project and goals for the money – if it feels forced, don't do it. [29:05] With a successful career in the technology business already, what attracted Victor to the business of real estate? [31:46] Expanding on that, and aside from the money, what lights Victor up about real estate? This man likes a good challenge! [33:33] Victor starts his day first with how he wants to show up as a leader, so he can do what he needs to do and have what he wants to have in the realm of his life. [34:53] As part of a team in different operational centres, Victor talks about how they create a foundational culture to serve as a touchstone when things get off track and within that, stay connected. [38:02] Victor distinguishes the types of communication he has with investors based on their investing experience, their priorities with their investment funds and what they're counting on from...

Today is another Ask Me Anything episode. Robin from Ottawa asks. “How do you build relationships with high net worth individuals? In your book Magnetic Capital, this is one of the primary factors you touch upon. Let's say you meet an individual at an event and exchanged cards/contact information, what are the next steps?“ Robin, This is a great question. It’s one that I get frequently. In fact, if I do an updated edition of Magnetic Capital, I will certainly dedicate an entire chapter to answering that question. Let’s go back to the fundamentals of raising capital that are clearly outlined in my book Magnetic Capital. Relationship Trust Results Compelling Opportunity Alignment If you don’t have a perfect fit between the goals for the money and the goals for your project, it’s not going to work. The main thing to remember about high net worth people is that they are people too. They have different perspectives and different values because of their circumstances. They recognize that their most valuable resource is not money, but time. As a result, high net worth people tend to be much more time conscious than the average person. They don’t want to develop relationships with people who want them just for their money. They don’t want to be used. They also don’t want to waste time with people who can’t help them with their mission. High net worth people are slow to develop relationships. High net worth people know how to make money. They know how hard it is, and they don’t want to have to go back and do the hard work to make it back. As a result, they are much more focused on safety and preservation of capital. You will face a lot of scrutiny and due diligence from high net worth people. These relationships take time to develop and do not happen quickly. In terms of how I build these relationships, it comes down to one simple characteristic. I approach high net worth people as peers. I approach them with confidence and with humility. I work quickly to establish rapport with them by showing them that I understand their world, but not in a presumptive way. That’s a subtle but important distinction. One thing that helps me in that regard is that I’m incredibly well traveled. I’ve been to a lot of places in the world and chances are good that I can start up a conversation about somewhere we’ve both explored. That’s a pretty safe bet. I do my research and find out as much as I can about a person before I meet them. We probably know some people in common. People who don’t have money look at the ultra-wealthy as having it made, as if they don’t have a single care in the world. Nothing could be further from the truth. They too are constantly learning, evolving, developing, figuring things out. The ultra-wealthy circulate in a community that spills opportunity at every turn. These people are inundated with opportunity. If they don’t focus, they will become time and energy bankrupt due to 1000 inquiries. They have to become very good at saying no. It’s a matter of survival. The key to breaking through that barrier is to show that you’re mindful of their time and energy management challenge. If you have a phone call with them, keep it to 10-15 minutes, no more. Communicate in a way that pierces through the noise and gets to the heart of the matter. It won’t be rude. They will respect you for it. You’re speaking their language. That doesn’t mean skipping steps in the relationship building process. That’s creepy. It means communicating in a concise and insightful way.

Victor Menasce is a genius when it comes to the whole concept of capital and how to acquire it. Victor Menasce has raised several hundred million dollars for ventures, corporate buy-outs and real estate projects. As a fulltime real estate developer, he raises funds on a daily basis. Listen in as Victor teaches us a thing or two about magnetic capital!

David from Pittsburgh asks, "We see that online investment platforms such as YieldStreet, RealtyShares, PeerStreet, to name a few, are gaining momentum. For example, despite giving somewhat modest return on investment, YieldStreet has successfully raised over 500M since the company was founded in 2015 (per their newsletter in Oct, 2018). Technology such as Uber and Airbnb can have the amazing ability to create trust between strangers in transactions, mostly with the irresistible lure of convenience. Do you think these online investment platforms, by offering the convenience of investing with a few mouse clicks, will minimize the need of some elements of capital raising mentioned in your book Magnetic Capital, such as pre-existing relationship?" David, That is a great question. In my book Magnetic Capital, I talk about 5 elements that need to met in order to successfully raise money. They are 1) Relationship 2) Trust 3) Results 4) Compelling Opportunity 5) Alignment If you start to peel back some of these elements, notably relationship and track record, they’re really sub-elements of trust. The psychological contract of trust is a complex one with a lot of layers. If you need $1M for your project, do you want one investor with a million dollars, or do you want a million investors each with $1? Mathematically, both will get you to the same result. But the approach needed for those two capital raises are dramatically different. You need to establish a lot more trust to attract $1M than just $1, even if you are raising $1 one million times.

Victor Menasce interviewed by Jarek BucholcVictor will share his humble beginnings in Real Estate, the strategy that work best for him, how he market for more leads/ deals & tips he can share to those wanting to be a part of real estate community.https://www.bigmarker.com/rei/ssrei1-vmenasceAbout the SpeakerVictor Menasce is a managing partner with Southlake Developments, a premier builder of multifamily projects. He is the author of the book Magnetic Capital and is the host of the daily Real Estate Espresso Podcast. Victor has been managing investments since he was 18 years old. He started his career in high tech, where he spent 25 years as a microprocessor designer before shifting into the world of real estate investment and development in 2010. He has conducted business in over 15 countries and has raised over $300M in investment capital for real estate projects, technology ventures and corporate acquisitions.Be one of us, Register now!https://realestateinvesting.communityhttps://streetsmartrei.com https://streetsmartpodcasts.com

Victor Menasce will be interviewed by Jarek Bucholc Victor will share his humble beginnings in Real Estate, the strategy that work best for him, how he market for more leads/ deals & tips he can share to those wanting to be a part of real estate community. About the Speaker Victor Menasce is a managing partner with Southlake Developments, a premier builder of multifamily projects. He is the author of the book Magnetic Capital, and is the host of the daily Real Estate Espresso Podcast. Victor has been managing investments since he was 18 years old. He started his career in high tech, where he spent 25 years as a microprocessor designer before shifting into the world of real estate investment and development in 2010. He has conducted business in over 15 countries and has raised over $300M in investment capital for real estate projects, technology ventures and corporate acquisitions. More realestateinvesting.community streetsmartrei.com

What's the best way to go about asking investors for money? If you're wondering about that, you'll enjoy this episode. Our guest, Victor Menasce, is an expert on raising capital. And he answers that question in a surprising way. Along with his answer, Victor also speaks to other topics, including why investors often repel capital (rather than attracting it) and how to be more magnetic when you're raising capital. For his insights on those topics and more >> Click "Play" in iTunes now!

Everybody wants to be the smartest guy in the room. But not Victor Menasce. He doesn’t want to be the smartest guy in the room but instead he wants to build relationships with them. He is the absolute leader in the real estate investments thought leadership space as well as in the investment space. He not only helps people with real estate investing, but he invests in real estate on a very high level himself. He’s also the host of the The Real Estate Espresso podcast, the best-selling author book of The Great Canadian TakeOver and Magnetic Capital. During this interview, you’ll discover… Three things you need to accomplish anything The formula in raising money Two forms of marketing that work To find out more about Victor Menasce, visit https://www.thethoughtleaderrevolution.com/.

My guest in this episode is Victor Menasce. Victor is a serial entrepreneur who got his start in business designing microprocessors. Along the way, he conducted business in over 15 countries, participated in several mergers and acquisitions, and developed executive leadership skills. Victor noticed that there was a formula for raising money. When the rules were met, it was easy. When elements were missing, it was difficult. Victor shares the 5 elements of raising capital as revealed in his book "Magnetic Capital".  

I discovered that my book Magnetic Capital is missing a chapter. In discussion with several investors and syndicators over recent months, many are having trouble connecting with high net worth individuals who could eventually develop into meaningful funding relationships. In today's episode I discuss the most critical first impression and what's important to have happen in the first 15 seconds.

A listener in NYC asked whether they should attend an upcoming family office conference. What are the chances of closing a deal at that conference? Is it a waste of time? Such a great question. I answer it in the context of the 5 principles of raising capital. Straight out of my book Magnetic Capital.

Victor Menasce is the author of Magnetic Capital, a book that teaches people how they can raise the money they need for any worthy venture. He also turns ordinary people into millionaires through real estate. As a real estate developer, he’s building multi-million dollar apartment buildings.   Quotes To Remember: “Number one, you’ve got to have relationships.” “A good deal badly managed is no deal.” “You have to have a good team.” “The best deals are the ones that are created.” “We’d rather create opportunities out of nothing, out of an idea and create value.” “There are things I COULD do and then there are certain set of things I SHOULD do. I focus by only doing those things that I SHOULD do.” What You’ll Learn: How to Make a Good Investment Advice for Someone Who Wants to Raise Money Finding the Right People For Your Team Investing 101   Key Links From The Show: Victor’s Site   Recommended Books: Magnetic Capital by Victor Menasce Content Marketing Secrets by Marc Guberti Pitch Anything by Oren Klaff The E-Myth Revisited by Michael E. Gerber Multi-Family Millions by David Lindahl

Raising Money to Reach New Career Heights   Victor Menasce (pronounced Menash) is a serial entrepreneur and author of two books on investing. His most recent book is Magnetic Capital: How to Raise All the Funds for ANY Worthy Venture. He started his career as an engineer designing microprocessors. Victor has held senior roles in technology companies, and now is developing real estate in multiple markets.     Victor is an expert at raising capital. He's raised over $300 million in his career so far and had raised a lot of money but never really considered that to be a super-power. One day, a securities attorney was listening to his presentation in a mastermind in San Diego. They observed that Victor's unique expertise was raising funds. Everything else should be delegated. Along the way, Victor realized that raising money was easy at times and very difficult at other times. He eventually figured out the formula, and that became the genesis of Magnetic Capital.       Questions You'll Hear Today:   You've run several businesses. Give us some of your backstory. In particular, what were some of the ingredients that determined the difference between success or failure? Along the way, you developed the skill of raising money. I know a lot of people are uncomfortable asking for money. It almost feels like begging. How did you overcome that?  What are your thoughts on the different kinds of startups, venture funded, angel funded, versus boot-strapped?  Many of our listeners are young entrepreneurs. What are your thoughts on hiring older workers who may not respect a young leader? I hear that you're writing another book on entrepreneurship. Tell us about that.     Connect with Victor Menasce:   Website: www.victorjm.com Twitter: @vmenasce LinkedIn: www.linkedin.com/in/vmenasce Facebook: www.facebook.com/vmenasce Book: Magnetic Capital: How to Raise All the Funds for ANY Worthy Venture

Victor literally wrote the book on raising money for any venture. As an active real estate investor, he raises money for that business, but got his start in the technology field. Currently Victor lives in Ottawa, Canada and invests in Philadelphia. Hear how he is able to raise money and invest in another country. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!   Best Ever Tweet: “That’s our formula” - Victor Menasce   Victor Menasce Background: - Managing partner of US Real Estate Partners LP - Spent the first 25 years of his career in the high tech industry, for last 9 on real estate investment - Current specialty involves building new apartments in an infill urban setting across multiple domestic and international markets. - Author of the book Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture.   - Has raised more than $300 million in his nine-year real estate career! - Based in Ottawa, Canada - Say hi to him at: - Best Ever Book:   Made Possible Because of Our Best Ever Sponsors: Are you looking for a way to increase your overall profits by reducing your loan payments to the bank? offers a fix-and-flip loan program that ONLY charges interest on the funds that have been disbursed, which can result in thousands of dollars in savings. Before securing financing for your next fix-and-flip project, Best Ever Listeners you must download your free white paper at to find out how Patch of Land’s fix and flip program can positively impact your investment strategy and save you money.  

Victor's career started designing microprocessors, and eventually learned to raise capital in technology companies. Author of the book Magnetic Capital. Today he's building multi-million dollar apartment buildings as a real estate developer. Top 3 Value Bombs: 1. Your goals and the money you’re raising should always be aligned. 2. The people on your team need to be on the same page—unity drives success. 3. The five keys to successfully raising capital are: relationships, trust, results, a compelling opportunity, and perfect alignment between the money and the project. Visit Victor’s website Sponsors: Incapsula: Protects and accelerates over 4 million websites every day. Get a free enterprise trial of Incapsula’s services when you visit LP.Incapsula.com/2017Podcasts! Grasshopper: Allows you to run your business from your cell phone, giving you and your team complete control, no matter where you are. Visit Grasshopper.com/fire and get $20 off your first month!

Featuring: Ryan Smith, Vice President & Thomas Brophy, Director of Research Stay in the know with ABI’s new market news podcast, the Multifamily Minute™. Get all of your market news updates in the first segment and then stick around for new listings and further discussion. We know how busy life can be, so we keep our podcasts quick and to the point, without a lot of fluff. In this episode of the Multifamily Minute Ryan Smith and Thomas Brophy interview Victor Menasce (author, investor and developer) about raising investment capital for commercial real estate projects as detailed in his book, "Magnetic Capital."  

Book a call with our team: https://goo.gl/dezwHT This episode of Investing in Real Estate is brought to you by ZipRecruiter. With ZipRecruiter, you can post your job to 100+ job sites with just one click. Visit ZipRecruiter.com/investing to post your jobs for free! For many real estate investors, private financing is the key to success. However, if you’ve never raised money before, the process can seem intimidating. For today’s show, we’re bringing in a capital-raising expert! On this episode of Investing in Real Estate, I’m interviewing Victor Menasce. Victor is a trusted real estate investment expert, developer, and author of the compelling book, Magnetic Capital. He’s here to share the five elements of how to raise capital. Victor has raised more than $300 million for ventures, corporate buyouts, and real estate projects; you won’t want to miss his insights! “Investing in Real Estate has a laser focus on buy and hold rental properties in order to create passive income. Clayton shares tried and true methods for acquiring rental real estate, building net worth, and accelerating your financial freedom. This podcast utilizes expert interviews, case studies with normal everyday investors, and Clayton's own methods for achieving passive income. Learn how to acquire turnkey rentals, discounted properties, passive income and true legacy wealth!” - Clayton Morris

Most of us feel uncomfortable asking people for money, yet as apartment building investors we must raise capital to operate a successful business. Today's guest argues that he doesn't ask people for money, but offers opportunities to collaborate on projects that are a good fit for individual investors. Victor Menasce is managing partner of US Real Estate Partners LP and author of the book Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture. He spent the first 25 years of his career in high tech, achieving success as a microprocessor designer. But the frequent travel was a strain, and Victor realized that the days of building wealth in that industry were over. In search of a career that would have a meaningful impact, in an industry known for creating wealth, he started investing in real estate as a side hustle. His first projects involved medium-term executive rentals for parliamentary and embassy staff in Ottawa as well as local rent-to-own transactions. Victor then expanded to US markets and transitioned to real estate full-time. His current specialty involves building new apartments in an infill urban setting across multiple domestic and international markets. Leveraging the skills around raising capital he developed in the tech industry, Victor has become an expert in helping investors divert their money from high-risk equity markets into safe multi-family real estate assets. Today Victor details the five key elements of raising capital and explains why some people repel the very money they're trying to raise. Listen and learn from a developer who has raised more than $300 million in his nine-year real estate career! Key Takeaways [7:01] Why Victor views real estate as a team sport Foreigners viewed as risk (lenders perceive lack of recourse) Local partner facilitates investment [7:47] The most difficult part of Victor's transition from full-time job to real estate Used savings to invest Caused stress as savings dwindled Chose wrong partners early on [10:00] Why some repel money when they're trying to raise it Mistake to skip steps in basics of human relationships Can go from natural progression to ‘creepy' very quickly Pace conversation so doesn't feel forced [11:17] The first key element of raising capital – RELATIONSHIPS Build genuine relationships with prospective investors People don't want to be used Forcing a connection pushes people away [15:18] The second key element of raising capital – TRACK RECORD Proof of results necessary in raising money If just getting started, partner with someone who is established (borrowed credibility) [17:42] The third key element of raising capital – TRUST Goes beyond ‘dealing with honest person' Includes alignment of intention Decisions happen quickly when trust exists Employ ‘trial close' [20:09] The fourth key element of raising capital – COMPELLING OPPORTUNITY ‘Compelling' in eye of beholder All good deals get done Consider creating your own deal (scarcity vs. abundance mentality) [25:40] The fifth key element of raising capital – ALIGN PROJECT GOALS WITH INVESTOR Must be a good fit (i.e.: shoe shopping) Different segments/classes of investors Criteria include rate of return, control structure, tax consequence, security, risk, etc. Sophisticated investors clear on all criteria [30:55] The biggest mistake entrepreneurs make Raise too little money Delays, increased construction costs may leave you short Victor recommends securing extra 5% equity Hard to raise money when desperate [33:28] How to invest like a billionaire, even if you're not ‘Buy on the line, move the line' Identify dividing line between ‘hot' and so-so neighborhood If line arbitrary, purchase 5-10 on depressed side Move line and you set value [35:36] Victor's advice for people hesitant to ask for money Reframe as opportunity to collaborate on project Connect with Victor  victorjm.com Resources  Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture by Victor Menasce  Magnetism Scorecard  Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki  Free eBook: The Secret to Raising Money to Buy Your First Apartment Building  

#138: You’ve run out of money to buy real estate. What do you do now? You pool other people’s money for the down payment through a process called real estate syndication. Learn how. Urban real estate investing involves: exploiting geographic class segregation, “moving the gentrification line”, rent control, and public transit proximity. Today’s guest, Victor Menasce, is an Ottawa, Canada-based real estate syndicator. He’s an expert at teaching you how to raise capital from others for real estate deals in his book, Magnetic Capital. Want more wealth? Visit: 1) www.GetRichEducation.com to grab our free newsletter.  2) www.GREturnkey.com for actionable turnkey real estate investing opportunities. Listen to this week’s show and learn:  00:48  How can “real estate syndication” make you wealthy? 03:59  Investing in the U.S. vs. Canada: the biggest difference. 05:28  Urban investing: “Buy on the line. Move the line.” 07:48  Infill development. 09:22  New construction and low inventory. 10:18  Example on a buy-and-hold million dollar building. 13:07  Urban areas: higher appreciation risk and reward? 17:31  Leading indicators of up-and-coming areas. 19:58  Rent control discussion. 24:33  Raising capital from others. 29:26  Establishing trust, track record, compelling opportunity, alignment. 34:53  “Borrow” someone else’s track record. 40:19  Give yourself a promotion. Resources Mentioned: VictorJM.com NoradaRealEstate.com HighlandsMortgage.com MidSouthHomeBuyers.com GetRichEducation.com GREturnkey.com      

As a syndicator in large apartment investments, I've certainly spent a lot of time and effort raising money from private investors. "Magnetic Capital: How to Raise All the Money You Need for ANY Worthy Venture" is a book that I wish I'd had when I was just starting out. Victor J. Menasce, the author, joins me today to share the secrets he's learned about raising Other People's Money.  We'll discuss the five fundamental elements to raising money: Relationship, Trust, Results, Compelling Opportunity, and Allignment, and how they apply to Real Estate Opportunities. Victor will also provide insight into the Psychology of raising money, how to avoid being 'creepy', The Art of the Pitch, Rookie Mistakes to Avoid, and whether or not you need a business plan. Victor has also appeared on "Dragon's Den", which is the Canadian equivalent of "Shark Tank", and he'll share that interesting experience with us. You can purchase "Magnetic Capital" by going to Victor's website: http://www.victorjm.com/ There's a lot of great actionable content in today's episode that I know you'll enjoy.  One action you can take right now is to give us a review & rating on itunes!  

Here’s some of what you will learn: The 5 Elements of Raising Money for Your Real Estate Deals #1 Relationships #2 Trust #3 Results / Track Record #4 Have a Compelling Opportunity #5 Alignment How can I raise money if I don’t have a track record? How can I get a track record if I can’t raise any money? How to Qualify an Investor Don’t try and create a forced fit What is the difference between an equity investor and a debt investor? What is a capital stack? What is mezzanine capital? What people do to repel investors! What dating and finding investors have in common How to raise funds without asking for money How to invest like a billionaire (when you’re not) Most great deals are not found, they’re created. Real estate is a team sport Book recommendation: Magnetic Capital, How to Raise All the Money You Need for ANY Worthy Venture by Victor Menasce Connect with me on Facebook at: Rod Khleif Text ROD to 41411 or visit RodKhleif.com for a FREE copy of my book, “How to Create Lifetime Cash Flow Through Multifamily Properties.” Our Guest You can learn more about at: Victor Menasce and purchase: Magnetic Capital, How to Raise All the Money You Need for ANY Worthy Venture by Victor Menasce http://www.magneticcapitalbook.com/ Want to build Lifetime Cash Flow from Multifamily Properties? If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now.  Recommended Resource Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif2  Review and Subscribe Posted in Podcast Tagged acquisitions, Victor Menasce, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training