Podcasts about regent bank

On this episode, Sean Kouplen (CEO of Regent Bank) shares how one of America's fastest growing banks also facilitates a prayer ministry among its employees. Sean also shares about a nationwide faith in work movement called 94X.

Lantz and Sean Kouplen, the Founder and CEO of Regent Bank, shared personal experiences and discussed their professional journeys, with a focus on Regent Bank's growth and the faith at work movement. They also discussed the importance of calculated risk, maintaining a financial safety net, and self-care practices for maintaining high levels of energy and productivity. The conversation ended with discussions on with Sean's visions and aspirations for a national faith-based bank and the upcoming launch of the 94 X membership alongside Nick Vujicic. Connect with Sean Kouplen: LinkedIn Join 94X Movement Membership Find a local Regent Bank -- Multiply Your Potential Lantz Howard is a high-performance coach for you, your marriage, and your organization. Grow stronger relationships and make a greater impact. Take your free resilient relationship assessment and get started working with Lantz at www.lantzhoward.com

On this WPN Call #397, Dr. Jim Garlow is joined by Sean Kouplen, an author, small business investor, and Chairman & CEO of Regent Bank, the purpose of which is “to show God's love to our employees, clients and communities." He discusses how to start and grow a business using faith based principles and leadership skills.      Website: https://www.regent.bank/     Dr. Jim Garlow has partnered with Pastor Mario Bramnick and Adam Schindler to bring you World Prayer Network (WPN), which seeks out Holy Spirit given strategies for how to be an effective and contagious Christ-follower in our present national situations. WPN hosts weekly prayer calls to seek out strategies for the transformation of nations, including our own. During these live calls, we share briefings from key leaders and then pray into what we see and hear from the Lord.     Follow us on social media:  facebook.com/wellversedworld twitter: @wellversedworld instagram: @wellversedworld www.wellversedworld.org

In this week's episode of Cultural Catalysts, Kris Vallotton sits down with Sean Kouplen, former Secretary of Commerce for Oklahoma and current President of Regent Bank. Join us as Sean shares his incredible journey of faith in the business world, from surviving the 2009 financial crisis through divine intervention to transforming his bank into a thriving, faith-driven enterprise. Sean discusses how he integrates Christian values into his corporate culture, offering daily devotionals and how we helped nonprofits with banking services. Discover the power of bringing faith into the workplace as Sean reveals the impact of his 94X movement, which has touched the lives of hundreds of business leaders. Whether you're an entrepreneur, executive, or employee seeking to align your faith with your career, this episode offers inspiring insights on how to create a purpose-driven business that honors God and serves others. Connect with Kris Vallotton: Website: https://www.krisvallotton.com/ Facebook: https://www.facebook.com/kvministries/ Instagram: https://www.instagram.com/kvministries/ Twitter: https://twitter.com/kvministries Additional Resources by Kris Vallotton: https://shop.bethel.com/collections/kris-vallotton About Kris Vallotton: Kris Vallotton is the Senior Associate Leader of Bethel Church, Redding, and is the Co-Founder of Bethel School of Supernatural Ministry (BSSM) and Spiritual Intelligence Institute. He is also the Founder and President of Moral Revolution and a sought-after international conference speaker. Kris and his wife, Kathy, have trained, developed, and pastored prophetic teams and supernatural schools all over the world.

It's time to welcome President of Regent Bank, Sean Kouplen, to Linch with a Leader. In this episode, Mike and Sean discuss Sean's journey of integrating faith and business, overcoming adversity during the 2008 mortgage crisis, and how his reliance on faith transformed his leadership and workplace culture. Welcome to the Linch with a Leader Podcast, where you're invited to join the spiritual principles behind big success, with host Mike Linch.Subscribe to the channel so you never miss an episode:Watch: @linchwithaleaderPrefer just listening? SUBSCRIBE to the podcast here:Spotify: https://open.spotify.com/show/0dJfeLb...Apple: https://podcasts.apple.com/us/podcast...Find show notes and more information at: www.mikelinch.comFollow for EVERYDAY leadership content and interaction:Follow on X:  https://x.com/mikelinch?s=20Follow on Instagram: https://www.instagram.com/mikelinch?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw==https://www.instagram.com/mikelinch/?...Like on Facebook: https://www.facebook.com/profile.phpJOIN Mike for a Sunday at NorthStar Church:www.northstarchurch.orgWatch: @nsckennesawFollow Sean Kouplen:Instagram: www.instagram.com/sean.kouplen

This episode comes from a recent teaching that Sean did with a group of nonprofit leaders in Tulsa. It outlines a few of the key ways that Regent Bank has become a best place to work nationally while maintaining a tremendous growth and profitability record. Enjoy!

On this episode of The Divine Advantage Podcast, Brian and Eric interview Sean Kouplen, the President of Regent Bank. We discuss how God intervened in a powerful way in Sean's life and how he made Jesus the CEO of the bank and the results of this decision.

Sean Kouplen, Chairman & CEO of Regent Bank, has a powerful story to tell. He led the organization's growth from $72 million to over $1 billion in assets, making it one of America's fastest-growing banks. He served as Oklahoma's Secretary of Commerce and Workforce Development and holds numerous leadership roles. Sean is also a best-selling author, host of the "Kingdom Driven CEO" podcast, and co-founder of the 94X faith in work movement. Tune in to hear how he integrates faith and business to inspire leaders nationwide.Guest Links:Sean's LinkedInRegent Bank94X MovementESPN Little League ClipCredits: Host: Lisa NicholsExecutive Producer: Jenny HealMarketing Support: Landon Burke and Joe SzynkowskiPodcast Engineer: Portside Media

Sean Kouplen started 94xmovement as a platform to help people connect in the workplace.  At a time that mental and behavioral health companies are targeting corporate America to help workers with their mental health, 94x is bringing prayer and Jesus Christ into the workplace.  Studies have shown that religious people live longer than non-religious people. Religion and prayer are far more powerful than mental health activities designed to help people stay resilient and positive. 94x started at Regent Bank, a bank Kouplen started over a decade ago.  

This episode is brought to you by Regent Bank. Regent is an Oklahoma founded bank with a vision to show God's love to their employees, clients & communities. As one of their clients, I have experienced this vision first hand. Our businesses have partnered with their OKC branch on multiple projects and have found their team to be responsive and their service to be exceptional. To experience this award winning customer service yourself, visit www.regent.bank today. Download the free Integrated Business guide at www.restorationgroup.co/guide Sign up for our weekly newsletter to get valuable insights about how to lead an integrated business.  Connect with Clay on LinkedIn  Follow Restoration Group on Instagram   

This episode is brought to you by Regent Bank. Regent is an Oklahoma founded bank with a vision to show God's love to their employees, clients & communities. As one of their clients, I have experienced this vision first hand. Our businesses have partnered with their OKC branch on multiple projects and have found their team to be responsive and their service to be exceptional. To experience this award winning customer service yourself, click the link in the show notes below or go to regent.bank. Download the free Integrated Business guide at www.restorationgroup.co/guide Sign up for our weekly newsletter to get valuable insights about how to lead an integrated business.  Connect with Clay on LinkedIn  Follow Restoration Group on Instagram   

This episode is brought to you by Regent Bank. Regent is an Oklahoma founded bank with a vision to show God's love to their employees, clients & communities. As one of their clients, I have experienced this vision first hand. Our businesses have partnered with their OKC branch on multiple projects and have found their team to be responsive and their service to be exceptional. To experience this award winning customer service yourself, click the link in the show notes below or go to regent.bank Andrew Schlecht is a podcast host and producer for the Athletic NBA Show, Down to Dunk, and other various NBA shows. Andrew lives in Oklahoma City with his wife and 3 sons. Download the free Integrated Business guide at www.restorationgroup.co/guide Sign up for our weekly newsletter to get valuable insights about how to lead an integrated business.  Connect with Clay on LinkedIn  Follow Restoration Group on Instagram     

Fourteen years ago, Sean Kouplen had just $1,200 in his checking account, was working 20-hour days and often couldn't even bring himself to eat. Today, his business — once left for dead — cares for $1.2 billion. Listen to the sensational scaling story of this author, entrepreneur and CEO of Regent Bank, and learn what his career's darkest hour taught him about leadership.

We are going super practical in this weeks episode. Sean gets asked daily about the remarkable culture at Regent Bank. So, in this episode, he is laying out seven ways to create an amazing culture in your business, nonprofit, organization or family. We think this is 15 minutes very well spent!

We hope you're ready for the best podcast to date! Roop is back from Boston where he will dive into key learnings and takeaways over the coming weeks. On this week's edition of Little Talks with Littlefield Agency though, we host our first outside-of-the-agency guest. Roop and Sam welcome Sean Kouplen, Chairman & CEO of […]

We hope you’re ready for the best podcast to date! Roop is back from Boston where he will dive into key learnings and takeaways over the coming weeks. On this week’s edition of Little Talks with Littlefield Agency though, we host our first outside-of-the-agency guest. Roop and Sam welcome Sean Kouplen, Chairman & CEO of […]

We hope you’re ready for the best podcast to date! Roop is back from Boston where he will dive into key learnings and takeaways over the coming weeks. On this week’s edition of Little Talks with Littlefield Agency though, we host our first outside-of-the-agency guest. Roop and Sam welcome Sean Kouplen, Chairman & CEO of […]

Jordan Raynor sits down with Sean Kouplen, CEO of Regent Bank, to talk about the impact he's seen from requiring all his managers to spend 30 minutes a week with each direct report with no agenda, how Sean has seen God bring 7 co-workers to faith in Christ, and the freedom that is found when you realize we're all playing with house money.Links Mentioned:Sean Kouplen on LinkedInSean Kouplen on TwitterRegent BankLove WorksTractionThe 5 Languages of Appreciation in the WorkplaceMere Christians Podcast Episode with Joel ManbyKingdom at Work

#67: Sean Kouplen is currently the chairman and CEO of Regent Bank. Not only has he exceeded the billion dollar mark in his business, but most recently he served as the Oklahoma Secretary of Commerce, hosts his own podcast the Kingdom Driven CEO, has authored multiple books, leads the Ascend Executive Leadership Institute, and most importantly is a great husband and father. Those are just a few of the many things he does. If you are like many people and wondering how do you do all of those things? Don't worry because in this episode Sean shares his story and the principles that have enabled him to do so. There is no doubt Sean's drive and work ethic have helped him excel, but more importantly he shares about doing the best you possibly can, time management, empowering others, being intentional, delegating, and being a great husband and father. He shares so much great insight so be sure to take notes and enjoy the show! 

If you want to improve the culture of your business, nonprofit or other organization, the best way to do it is through being generous. In this episode, Sean talks about the importance of generosity and gives some examples of how they practice generosity at Regent Bank.

Sean Kouplen and Dan Marks discuss the culture of support and giving that Regent Bank has been thriving on both internally and externally, and how Sean has learned and developed his leadership strategy over the years as the Chairman and CEO at Regent Bank.    How Regent Bank has generated sustained double-digit growth  Regent's use of technology enables their “niche is the new local” strategy  Discover which niches Regents focuses on and why  How building a culture of giving has attracted employees and customers  Sean's top 3 lessons learned around leadership

There is an epidemic in our country today. Church attendance is dropping, practicing Christianity is dropping and corporate culture is dropping. In this episode, Sean discusses how to bring God into our workplace. We believe it is possible to have a culture of love that is very sensitive and no employee should ever feel uncomfortable or forced to do anything. Sean talks about how they have implemented this type of culture at Regent Bank and how you can bring God's love into your work place as well.

In this episode, Breaking Banks host Amber Buker speaks with Keri Cain, SVP at Regent Bank. Personal experience shapes us all, but Keri's experience and unique perspective is helping many and also Regent Bank build a new business line as architect of Regent's multi-state cannabis banking operation. It's a compelling episode, her background in retail, unique perspective and personal experiences having shaped how she leads the way forward at this not-so regional bank in Oklahoma. https://youtu.be/cKXg8wrq_8o

In this episode, Sean shares his thoughts on how to effective utilize Kingdom Leadership to motivate and influence others. He shares some pretty radix leadership concepts that have led to Regent Bank's tremendous success. Enjoy!

In today's episode, The Transparency Secret, Sean talks about one of the little-known secrets behind Regent Bank's success- full financial and operational transparency with all employees. He discusses why this is such a powerful principle and some ideas for applying it within your company.

If you are leading an organization or team, you will want to listen to this! This episode is an overview of the Traction entrepreneurial operating system which has been a foundational element of Regent Bank's success. Traction helps an organization develop focus and accountability around a few key priorities. Enjoy!

In this exciting new episode, Sean shares the personal best practices that have helped him grow Regent Bank from a $70 million community bank to $1 billion business. We believe these personal best practices will help you live a more purpose-driven and effective life.

Welcome to the Tearsheet Podcast. I’m Zack Miller. Even as more states legalize marijuana, banking cannabis customers is still a major undertaking. Regent Bank is a small bank with 5 branches in Oklahoma and Springfield, MO. As Regent sensed an opportunity to work with cannabis customers in its communities, it tapped Keri Cain to build out its program. Keri has a background in retail and moved to OK after a stint directing store operations at The Gap’s headquarters in San Francisco. She also has muscular dystrophy and has used cannabis to manage her pain in the past and will likely need to do so in the future. She’s passionate about working with cannabis because of the medical benefits it can provide. To launch and manage its cannabis program, Regent worked with Green Check, a firm that works with banks to service customers in the cannabis industry. Green Check founder and CEO Kevin Hart joins Regent’s Keri Cain with me on the podcast to talk about cannabis banking, how to start up a program, and what banks need to be successful working with this new industry.

In this episode, we talk to Sean Kouplen, the CEO and president of Regent Bank, Tulsa. Aside from being an owner, investor, author, and public speaker, Sean was also appointed as the Secretary of State and Workforce Development in 2019 by the governor of Oklahoma, Kevin Stitt. Sean shares his journey from buying the Regent Bank of Tulsa, to becoming a serial entrepreneur and investor, to name a few. He grew up from a family where his parents didn't have enough to get by and would always be dissatisfied with their work environments. As he believes that God called upon him to make a mark on this industry, he is also a firm believer that creating a great company culture where employees can reach their full potential and go home feeling good about what they've accomplished, is the best way to be successful, with money just being a natural byproduct of that. He has committed his life to making a difference by focusing more on his service to people, being a great inspiration and influence towards his employees, clients and colleagues. Connect with Sean Kouplen on LinkedIn: https://www.linkedin.com/in/seankouplen Check out the books that he's written and published: https://tinyurl.com/yasa4zfb To learn more on how to build resilient wealth, download our free report 7 Steps to Building Resilient Wealth for Women

In this episode, we talk to Sean Kouplen, the CEO and president of Regent Bank, Tulsa. Aside from being an owner, investor, author, and public speaker, Sean was also appointed as the Secretary of State and Workforce Development in 2019 by the governor of Oklahoma, Kevin Stitt. Sean shares his journey from buying the Regent Bank of Tulsa, to becoming a serial entrepreneur and investor, to name a few. He grew up from a family where his parents didn't have enough to get by and would always be dissatisfied with their work environments. As he believes that God called upon him to make a mark on this industry, he is also a firm believer that creating a great company culture where employees can reach their full potential and go home feeling good about what they've accomplished, is the best way to be successful, with money just being a natural byproduct of that. He has committed his life to making a difference by focusing more on his service to people, being a great inspiration and influence towards his employees, clients and colleagues. Connect with Sean Kouplen on LinkedIn: https://www.linkedin.com/in/seankouplen Check out the books that he's written and published: https://tinyurl.com/yasa4zfb To learn more on how to build resilient wealth, download our free report 7 Steps to Building Resilient Wealth for Women

On this week's episode of the Over 50 Entrepreneur Podcast, we speak with a very special guest, Sean Kouplen. Sean is Oklahoma's 10th Secretary of Commerce and Workforce Development, as well as the Chairman and CEO of Regent Bank. In his role as Secretary of Commerce and Workforce Development, he oversees 36 of the state agencies who lead economic development, community development, and workforce development efforts for the state of Oklahoma. Under his leadership, the state has attracted over 65 new businesses since 2019.In 2008, Sean led an investor group that purchased 110 year old Regent Bank out of Nowata, Oklahoma. Since then, he's taken that bank and expanded it to Tulsa, Oklahoma City, Springfield, Missouri and now Bartlesville, growing from 72 million in assets to over 700 million, making it one of America's fastest-growing banks.We chat about Sean's entrepreneurial journey, as well as: What has stuck with him about his career in banking His role as the Secretary of Commerce and Workforce Development Attracting new businesses to Oklahoma Working remotely And more

Sean Kouplen, the Chairman of Regent Bank and Oklahoma’s Secretary of Commerce joins attorney Wes Carter and Clay Clark to explain how to claim your budget-saving stimulus money NOW. 

In true American Dream fashion, Michael Beeman’s story exemplifies just that. Motivated with needing to provide for his family of seven children on just a corporate salary of $60k, he wanted to do more than just make ends meet. Michael started cutting firewood to generate an additional income stream and while doing so immersed himself in listening to countless multifamily podcasts and real estate audiobooks. While his splitting firewood business brought in an additional $15k a year, Michael decided he was ready to make the leap into real estate investing.  With $12k to his name to invest, he turned to his mother and best friend to see if they were interested in working with him to start looking for his first deal. His mother and best friend contributed $20k. Then Michael was able to invest in his first deal and he has been acquiring multifamily units ever since with a current portfolio of 136 units.  On this episode of Multifamily Real Estate Investments with Don and Eden, Michael shares the details of his current projects, how to find the right deal at the right time, and discussing the importance of networking to develop key relationships for future business partnerships. Michael describes how his passion for real estate investing paired with his resourcefulness helped him find his first breakthrough deal and overcoming the challenges he faced along the way. Listen in for a remarkable story of Michael starting a side-hustle of splitting firewood into real estate investing with a portfolio worth seven-figures in less than two years! Highlights:  Michael’s beginnings in Real Estate Investing Key Tips for Acquiring Multi-Family Units How to Find the Right Deal  How to Stay Open-Minded when forming Partnerships  Ways to Analyze the Current Market and Anticipate  The Importance of Networking and Building Relationships   Connect with Michael Michaelbeeman@beemanandsons.com #: 217-508-8185   ----------------------------------------------------------Transcription   Hey, guys welcome to the show. Today we're going to host Mr. Michael Beeman. I'm very excited to have him here because his story is truly exceptional. Michael was able to educate himself in real estate through podcasts and books. And two years later his portfolio is worth a little bit over three million dollars which is phenomenal. So without further ado let's welcome Michael to the show.  Welcome to the real estate investing podcast with Don and Eden where we cover all aspects of real estate investing with special attention to multi-family apartment buildings and off-market strategies.  Hey, Michael welcome to the show. How's everything today. Oh, everything is going well. How are you? I'm good, I'm good. I can't complain. How is your day so far?  It's going good. You know talking to some business partners talking to some possible investors looking at deals; always grinding. That's the key to success though. Honestly, I'm very excited to have you here today on our show because your story is a story that a lot of people could relate to as you know you started with a big family and you were splitting wood the last time I checked I kind of listened to your story in a different podcast. This story was so special that I wanted to have you on my show as well and see how you could change your whole life from one direction to the other with real estate. So, first of all, how about you tell us a little bit about yourself so my audience here would know this story as much as I do.  Well back in early 2016, I was going through bankruptcy from a previous marriage where I had agreed to take on more debt than I actually could handle, but    I also got custody of my kids We met and we had three kids each and we have a very large family. And I was making 60 grand a year and she had to stay home with the kids because we had very young ones. Obviously, a newborn plus you know seven children altogether between doctor's visits and everything else it made working for her almost impossible with the cost of daycare and stuff. So I decided to start a side hustle splitting and selling firewood because I knew that that would help us to make ends meet a little better, but then I was doing that for about a year and a half or about a year into it I started listening to real estate investing podcasts. And one of my dreams, you know at the time I had been renting, was to own rental properties because I'd always felt like landlords were making pretty good money, of course, that was the naive mindset of a renter at the time, but I was willing to learn and grow. And so I had saved up about twelve thousand dollars and I went to my brother and my mom with this plan of what I was gonna do.  And I was asking them to all pitch in - and let me guess they were not really up for it. No, they were not up for it at all. So then my best friend he had said I'll pitch in twenty thousand dollars because I just inherited 80. What would you give me for that? I said I will give you one-quarter of the business. And then my mom heard about that and she had actually wanted to go along with me before, but she did not want to upset my brother. So it felt like the easiest route was to just be quiet. So she went ahead and said No if he's going then can I have one quarter for 25 percent so then I had all of a sudden fifty-two thousand dollar pool of money to expand wisely to start investing. So shortly after that one of my buddies was over and we were having a drink that evening and I was telling him about you know because I always talk about this you've got to be super excited and you've got to be really excited and you've got to really want to go for it. And so I was telling him about my dreams and what I was planning on doing. And he said, Well I don't know if you're interested, but my girlfriend's mom used to manage this 66 unit building for the guy and then he got tired of dealing with it. Now it's sitting vacant -it needs some work, but you can get it at a steal of a deal.  So you know you basically heard about a motivated seller of a six-unit.  Yep. So I bought the thing and I had to go through and rehab every unit, but I got 100 percent financing down. I spent a little bit of the fifty thousand rehabbing every unit. We did a lot of work ourselves, my wife and I and then we had some help from an outside contractor so what was the total amount of the purchase price. What was at this point I was sixty thousand, but it appraised even vacant right then for ninety thousand. It's amazing.  Yeah I mean you're in the Midwest so you can buy six units for sixty thousand in the Midwest.  Well, that's uncommon. I wish I could find another six units for sixty thousand. I'll tell you that you're usually looking at 30 to 40 thousand units around here, but yes. So it was a steal of a deal and I ended up putting about thirty thousand units and we ended up about two years later we sold it and made a significant profit on it.  That was your first deal in real estate, wasn’t it? Yes. And that was basically for you. I remember my first deal it was a flip I flipped the house and it was just a residential deal. And I remember I made good money, but you know your first deal is as if it's there to teach you what's going on. And just the rules, but it's not there for you to be able to make a lot of money. Everybody feels this way about their first deal, but you managed to somehow jump from 16 a deal as your first deal to what was 61 62 units.  Yes. For the next year, I was looking at triplexes - I found a 10 unit that was mostly vacant about six of the units were vacant and needed rehab. We got a really good deal on it and then I found a five unit that was vacant. So I was finding these landlords that were just exhausted that's all.  Ok so let's focus on that. Let's focus on the people that are just trying to get into real estate we all know it's about finding the deal. That's how you make money. So what would you give as advice to two young investors that are trying to find deals? When you say I found these deals how did you do that.  Well in my case I had a local broker that knew what I was doing because she had done a little bit of it years before, but never had done it in multi-family she would just buy single-family houses and she had been a landlord and decided she didn't want to be a landlord sold all of her portfolios and bought a hotel. She basically knew that there were still deals out there and she knew that there was finally a buyer around that would do it. You know that was gonna buy these and was gonna fix them up and actually do something with them. So she was bringing me a deal or two. And then when the landlords locally within 30 miles of me started hearing this the ones that were exhausted may occasionally talk to each other their friends they have their own community because these are generally 60 to 80-year-old men and they have their own community. And so as you know these might these portions of their portfolio that they don't want to deal with that you don't want to go through the hassle of a whole rehab. They don't want to deal with contractors and they're just kind of like the look I'll take a loss on this. And so that's how I built my portfolio over the course of a year. And then I got a deal from also an exhausted landlord that was a really good deal and I knew I was pretty well out of money getting close to being out of my own money to be able to just continue to buy up these deals because I refinanced out of as many deals as I could, but the bank was getting a little bit tight on being able to refinance. They wanted you to hold it for two years. And I'm not the type of guy that wants to hold onto something for two years to wait to do something else. I'm the type of guy that wants to go slow down. So high time right. Right. So I had a guy that reached out to me is a software engineer. Name is Rohit Jenga and he reached out to me he asked me cause he was really interested in real estate investing and he had a little bit of money saved and he was interested in partnering with me because he'd heard me on another podcast and I had said no at first that I didn't need any more partners. And then after I ran into a wall I was like you know what open your mindset Michael and look think that you do have something to bring to the table even though you can't bring money and maybe he can bring a little money and you guys can do a deal together. So we did and it gave him something like fourteen point nine percent returns and he was excited. Obviously, everybody be excited about that. So he was really excited. He got really good returns. And now all of a sudden I had an investor that was actually asking me if I had more deals.  So he was investing the entire amount or the entire downpayment.  He invested about 60 or 70 percent of the down payment. I had two other small investors that invested 10 percent down each and then I invested 10 percent. Now, what was that? What was the size of that deal? That was an eight unit deal. It was only about I found it half of an exhaustive landlord off the market so it was I think I only gave like twenty-five grand a door for it and now it's raised at like thirty-four. So anyway and we're actually in the process of trying to refinance cash out the investors, but they still get to hold onto their portion of the investment. Right after that so now I'm sitting around after this deal and I'm sitting on about 50 to 60 units at the time period and I start looking around and I'm like because he had mentioned bring in more money my mother because she was getting really good returns and she had a decent amount more money from her savings. My dad passed away in 2015. His family owns and runs this family business and so she had said well I could maybe bring some more money well. I talked her into bringing twice as much money as what she originally wanted to bring and Rohit brought a huge chunk of money so they basically both brought two hundred thousand dollars each because we were buying a sixty-two unit and we raised another one hundred thousand dollars from investors and we bought this 62 unit that we're always going to raise with half a million. That raised was half a million. So we did a syndication on that 8 percent preferred return and we had a huge value add in there which was there were thirty-nine thousand dollars thirty-nine or forty-two thousand dollars in water bills that we could get the tenants to pay because it was common locally to have tenants pay their own water bill, but we could do nothing expensive significant. Yeah exactly. So we could decrease the expenses significantly plus the units per unit rent was about fifty to seventy-five dollars below market so we could increase the value significantly. So we're in the process of doing that. And then we basically add about seven hundred fifty thousand dollars in total value to the property and then our plan is to have a two-year exit strategy to either ten thirty-one exchange out of that or try to refinance out of it. And so that's what put more permanent Fannie Mae debt on it. That's right.  So I want to ask you a few questions about that one deal specifically because I know as I talked to you before and we discussed the fact that you started from. So I want to talk about that for a minute. Here's the question that I have. As far as how you got the deals so correct me if I'm wrong, but it sounds like the place that you're living is that is that a small town or a small community.  The place that I'm living is a small community it's about halfway between St. Louis and Indianapolis right on the interstate that runs between I 70. So it's a small community with actually a Good job market in the area. There's a decent amount of jobs because there's a pretty thriving oil industry locally. Yeah and so then there are jobs for that. There's a local company that does about three different states around here and they do right away clearing for the pipelines so there's a lot of good jobs for young men that just start them out paying you to know 14 to 20 dollars an hour.  That's so important what you're saying right now. Why everybody keeps saying to first work your market. Doesn't matter where you are because you know your market better than anybody else. Exactly. And you know so from what it sounds it looks like you knew the people and that is how you got in touch with the brokers and that is how people got the word for what you're doing. And then they contacted you and you kept getting more and more deals because of the small community and now you're a player and people hear about you and they know about you. So they start picking up the phone and call you and wanting to invest with you wanting to sell you deals right.  That's the game. Yeah exactly. And so then we're basically doing that and then I'm on a few podcasts here and there because my story is quite interesting. That's not very common that you go from the guy that was renting his house for four years ago having a side hustle that was splitting firewood and you know exhausting work to have a portfolio that's worth over three million dollars. So that's not a common thing. So then I'm in the middle of this sixty-two deal the financing falls through.  And it was the loan it fell through on the day of closing. Oh actually I just had an interview with Joe Fearless on this and I think that comes out soon, but this whole financing topic because it was such a struggle to put the whole entire. And you can hear that story because it's a twenty-five-minute interview by itself, you can hear that story on Joe fearless. So that fell through and I struggled and I pieced all of it back together and still got it closed with a different lender.  And so you got to extend it closing. And yeah I had to get an extension on the closing date. I did do all of the things that you have to do when you're just trying to salvage something and we're talking on your first indication - Yep on my very first syndication Well my first syndication. My other one was a partnership.  You have to go through all this adversity and you manage to pull through and you manage to make it happen. That's amazing. Yep yep.  So now we're in the process of doing those value ads and then you know I started to give out my phone number on podcasts and I started talking to people just a lot more regularly just because it's so interesting. Like we were talking before this about your market because down in your market you have a portfolio that is basically about the same size as mine in gross gross revenue, but your money as opposed to residential or residential housing. And how do you know in your market you know you try to find cash flow, but you have to also assume appreciation and different things.  It's kind of different because you can make the same money people make in the Midwest from buildings from you know from single-family homes.  Yes. Yeah exactly.  And like you say the sellers are not as sophisticated you know when you talk to a single family owner they're not sophisticated you can get a bargain and it's yes it's quite easy. Where we talked to a multifamily investor then they're obviously not living in the property and know what they're doing.  Yeah, you're basically looking for in my market a lot of times you're looking for Mom and Pop owners. I have one of the good friends that are. A married couple that basically we partnered up. They brought the investment dollars we partnered up on a 12 unit that I found off-market in Terre Haute, Indiana which is right near me in a really nice location. And we founded off of a mom and pop owner and he had kept hold of it for about eight or nine years, but with his disability had come through from the military and he was already you know obviously he had all the back pain and shoulder pain. But anyways he's ready to sell and he got one of my letters from one of my mailing campaigns and he sent me a text message what I thought was kind of odd just getting a text message Yes I do want to sell and I'm like I don't think he realized because we did take time to make sure that the mailing looked like it was individualized, but I don't think he realized that I sent out like four hundred of them. And so it's like I'm sorry I'm confused too is this for me. You thought he was the one who got the letter. I developed a relationship with him and only that eight-unit building that I was talking about that I'd also bought. So this was a twelve unit building. This was a twelve unit building that he had bought back then and he wanted only twenty-five grand a unit for it as well. I already knew from my experience buying that eight-unit building and for twenty five grand a unit that we were gonna get some good returns if I could figure out how to come up with the sixty seventy thousand dollars I needed to get the deal done and sixty or seventy thousand I could probably go to the bank this point and get a lean on one of my businesses, but I'm really not trying to just leverage myself to death. I'd rather bring somebody else and opportunity partner with them on the deal. We have a property management company in place that can take over property management at a very reasonable like 8 percent on those units or 7 percent on those small families and still get great returns. I still wanted the deal. I just knew no matter what I didn't want to let that kind of deal go away. And so I built a relationship with him and then partnered with Roman and Amy and they brought the money to the deal. I bought the deal and we had good proper management and so we just closed on that last week so that brought us last month and that brought us a hundred thirty-six units. That's great.  So yes that's the portfolio right now one hundred thirty-six.   Yep, yep that's right now. And so right now I'm working on I'm going to tomorrow to look at a twenty-three unit building that is two thirds vacant exhausted landlord and it might be a steal of a deal as well. He's talking and numbers that are sound and really good at his per unit price. Actually, it's ironic.  I lived in the building when I was in college. Yeah. So 12 years ago I rented that building so I thought that was funny.  So I want to ask you another question regarding the first deal the sixty-two units. So yes a lot of young investors and syndicators they're worried about the value. So you know they worried about getting into the building and doing the renovations and picking up what needs to be done. And so you've noticed that there are a lot of expenses that you could reduce and that was your value plan. And so what I want to ask you is as a beginner so you could say somebody who had never done a big deal like that before is a beginner. So as a beginner How did you have the confidence of trusting your value and then knowing that this is what needs to be done in the property and that this would bring you to the place that you want to be? Maybe I'm overconfident I don't know. I think you know my degree is in business and I've read basically every book I could get my hands on real estate investing I've listened to thousands of hours of podcasts when I get into something I really get into it and I really study it. And so I knew you know I knew that if the same thing that I was doing was working on an 8 unit building there was absolutely no reason it wouldn't work for who underwrote the deal.  Did you do the underwriting?  Yes. Myself and my mother. Oh and that's special. Yep. Myself and my mother and so we underwrote the deal together. And then I kind of I've managed it because she's actually she enjoys your area. She gets down to Miami for about two or three months in the wintertime and we were closing and it was early spring late winter and she's in Miami. It's the closing day. It's the last day of all the extension that I got. And we're trying to do a for a close from down there. It was just a whole heck of a fun mess because we finally close the deal from Miami.  I mean I always whenever I close the deal you know I do that from Miami.  So I guess, you know she has a bank account with Regent Bank and I thought you know she has 50. She has 50 thousand sitting in that bank account just because it was one of her expense accounts or whatever. And I thought oh you know what. You have to fax and do a whole bunch of things just walk into a local Regence bank account. Tell me your account number. Tell him you need a little bit of assistance to just get this done. The guy behind the counter called his manager and the manager came out and said Well I don't care. We're not doing it we're not helping you. And so that's not our policy. We don't do that. She's like I'll pay you a dollar a page I know it's like one hundred some pages. I'll pay for you. I don't care. I don't want it. She's Ubering all over town trying to get something that will fax and do this other stuff because the hotel she was at was more not less of a hotel and more of the Air B and B for a month. So she didn't have access to anything. She didn't have access to any of those items that she would need to fax or email or any of this stuff. And so finally she gets the job done in the end and gets the paperwork signed and overnighted. And we finally get the deal closed, but that was just one of them. Yeah that was just one of the fun things at the end of the confidence issue I think that I run into that a lot of people call me and I try to mentor everyone. Everyone that asks or try to help people out all the time try and share my time. It actually just comes around to you too because when you do that you talk to these people you work together on stuff you know deals are coming your way. They'll have deals that they can't take down, but they know about and sometimes they'll have investors that are looking for a good deal and you'll have a good deal and you'll find an investor that helps you out there's more things to it than that because sometimes you'll get nothing more than just satisfaction and that'll be that's just it.  I mean you know why you're always going to get burned out because I have the same example this guy who's trying to get into real estate who's calling you about this deal and I could see that he was trying to wholesale deals and you know as I came in if you're already wholesaling it then you might as well just do a different thing. And so he was I guess listen I'm new and you know I don't know things right. So it's like hey come on up to my office and sit and let's talk about things and let me teach you a few things and then you know this guy he's one of my students now. So we've been doing I think we've done three deals together in the past two months. Completely changed his whole life. Also changed my income, of course, I made good money from that. So my desire to help him and teach him ended up creating some nice income for me you know from deals yes. Exactly. I would never find. And so helping others as always. You know you give what you get back. That's it. That's a law that any investor I think is already aware of that. Any serious investor is already aware of that right now because you know it's just the way things are. It's like karma is the way the world is working.  No, I totally understand that. You know it's just that's the way the world works. I think if you give it you can't you know you'll get the satisfaction you'll get deals you'll get it if you give your time and effort and you know because at this point it's very possible for me to just step away and say you know I have enough money to pay my bills. Well, I can kind of live this you know semi-retired life come in and check on the people at the property management company that they're actually filling units and doing their job, but I don't really have to because they do a great job at that. You know and I could be like which I do you know I do quite a bit of vacationing. I probably go on three or four of them this year, but which you know one-week vacations  It's a privilege that you deserve to get and also I just took a vacation in L.A. and I went there for three weeks. You know I just felt a little bit overwhelmed and when I got back I was so clear. You know and I was so motivated to do things you know things that I could not complete before all of a sudden it’s a piece of cake.  Yeah. Because you're basically your distressing from everything and stepping away, but I enjoy the grind. I keep coming into my office every single morning. I've got a list and right now I'm working with a life coach on organizing my life a little bit more, my time and trying to pack in what I'm doing. I'm curious about that.  So what exactly do you mean organizing your time a little more so? Right now I feel like there are times where I could pack everything I get done and 10 hours into five or six hours I feel like if I utilize my time better in certain areas and if I just went for only my high-performance hours and tried to organize so right now I'm working with her and she is she started out as a health coach and she started that business and she did really well with it and then she moved on to doing a little bit of life coaching because she's a high performer as well and she only wants to really work with high performers and she's kinda getting tired of being the health coach because sometimes you're not working with high performers.  And so she was offered her services after I pay for the health coaching stuff and started working on that she offered the life coaching for free because she'd been studying that for quite a while and so she wanted to see if she could take me on and help me out. So right now we're working on a schedule so I can see if I can't pack 10 hours of work into six hours of really effective high-end time and then be able to spend a little bit more time with my family.  Yeah obviously. So as you're saying it's always important to get better and work on self-improvement and I'm going to ask a question since you said you mentioned the fact that you're reading a lot and you're listening to a lot of podcasts so I bet you can give us a recommendation for the book that everybody listening to this show must read. So what's the book that you recommend the most to our listeners?  So if you're a very beginner and you need the confidence to step out into know everything about everything from the small stuff into you know basic mid-sized stuff because generally if you're a beginner you're not going to step in and buy a 60 unit even if you have the money you're going to be too scared or you're gonna make a mistake.  Brandon Turner did a wonderful job - His earlier book called The Complete Guide to Real Estate Investing. And I really enjoy that book because he explains his roles in single-family houses and multifamily. He explains a whole list and how to do it. Who to go to for financing. How to do the burn method which is by rehabbing refinance and get your money out. So he does a great job on that book and then he also does a follow-up book which is basically the complete guide to like I think property management or something like that. Managing your real estate in a real estate investment manager which my knowledge from just that book made me feel like a real king because Rich Dad Poor Dad does a great job with your mindset and Richest Man in Babylon really does a good job with your mindset.    I highly recommend both of those yes Rich Dad Poor Dad is the first business book that I've read. I think I read it when I was 15 or 16 and dad died. It was a book that changed my life forever. It means that I still do everything that I am you know right now is because of that book.  So I think reading books is so important and it's something that I've had to constantly improve because everybody around you is a possible partner, but you need to know what they know you need to be able to be on top of everything going on. I love that Marcus Miller lets out a bunch of good information on their website about markets that you can go to. What are things selling for? Watching the trends. And then I also spend quite a bit of time listening to podcasts that talk a lot about economics. I spend a lot of time which isn't even in the real estate deal I spend a lot of time listening to podcasts on economics trying to understand and see if I can somewhat predict that case.  So that's how he is today. Exactly. No yes, the fiat money. Basically, you're telling me it's probably going to be talking about the fiat money system monetary system. Yeah, I would love to read that thank you for the book recommendation of course. Michael, I just wanted to ask you a couple of questions because I love talking to people about their markets as well. You said you were down in south Florida. That's right. How did you get started?  So I got started I was actually in the retail business and I managed to save money together with my brother who's also my business partner and we always had a dream of becoming real estate investors and so we figured you know we were doing good money in retail, but we lived in Minnesota. So the cold wasn't for us I mean I love Minnesota.  It was like we said OK that's it we're Israeli. So I mean the cold wasn't for us. It's just you know not good for our blood I guess you know growing up in Israel you were so used to the heat. So we moved to Miami. Also, this is a big community of Israel people here and Jewish people and so we figured you know it's where we want to live. And we didn't think back then, Miami was the right market for us as far as mystical, but we said we're not going to compromise about you know our lifestyle because what's the point. What's the point of making a lot of money if you're not enjoying your life. So exactly yeah. So we moved here to Miami and then we were looking for. We were looking for a residential deal we were looking for a house to flip because we had enough money to buy in cash. So we went for this one property and then we found it and we flipped it and it took us about I would say six months to complete the renovations and sell the property and we made a decent profit I say I think it was sixty-three thousand and so we made a decent profit, but then during that process we were exposed to real estate wholesale and we figured that Miami and the entire region of South Florida was at its peak when we were there. So we came right on time and so properties were still appreciating a great deal. And so we managed to two also properties and you know us in our minds that we thought that when you host a property that you're going to take a fee of five or ten thousand, but literally we know that you could make fifty thousand sixty thousand if you're into it. Absolutely. Yeah. We stumbled upon this one particular deal that we got under contract for I think it was 80000. We had it under contract for eighty thousand and we were able to sell it for one hundred and twenty-five thousand and that's in two weeks time. So we made forty five thousand in two weeks and then we started comparing you know that with the flip that we made a little bit more, but it took six months and we had to put all the money down and so we were thinking  - Well wait let's change the direction here let's change our plans. Yeah. And so and so we changed our direction from doing flips into risk at wholesale and then things happened really fast. It's just it all exploded one day. So you know I remember this particular day that I was realizing that I was making good money you know really good money for the first time in my life. I was pretty young when that happened. So I couldn't you know really cope with it because mentally when you make a lot of money and you're very young family then something happens to your mental state your psyche, yeah you change. And so then you got to rebuild yourself and that's the position that I was at the time. And so from that point on we decided that we want to grow and we want to do things are a little bit bigger. And I remember that one time that I drove on the highway on I 95 and I've seen people doing you know renovating buildings you know left and right. I was like Well you're good enough you're able to do that. And so that's how I got into commercial real estate. And right now we are actually closing on a deal in Hollywood, Florida. It's on land and we bought it for $275,000. Yes. That particular deal is you could develop it, it's zoned for multifamily and the owner didn't care. He just sold it to us for a little bit under retail. It's like 320 and so we bought it for two seventy-five and we already have offers for like 550. It's like two. That's awesome. Yeah. So we're thinking about developing it and doing it ourselves or you know wholesaling it because we're just thinking about maybe wholesaling commercial properties or developing and getting into you know syndicate a few deals so that's the way to do it.  Where did that confidence come from for you to step into that from just you know all selling residential to step into because that's a big jump? That's a big jump stepping from the small individual house to wholesaling you know a large commercial space.  Well, that's a great question. First of all, you know I'm in a position where I hold many properties so I have passive income that comes in my way every month. So I'm not afraid because even if I'm going to make a mistake and that's what people don't understand when you're into real estate at the beginning it's so difficult, but when you’re already making good money. There is a confidence boost because you feel like you're invincible because you're making money passively every month. Your whole selling properties. Also every month you have acquisition managers people that that take care of your leads and go to go to your meetings so your time is a little bit more free. And then you have contractors working on your flips. So you're gonna be making good money one way or another. Right. You asked me about confidence. There is a boost in confidence because of right. OK, I'm going to buy that deal for $275,000. If I'm going to make it then and I could develop it and sell it for four million or I could assign it for four hundreds of thousands more then I would definitely learn something and I'll definitely get into a different arena.  Right. And so I guess that you could do knowing that it's okay that even if you can't make it and even if you lose that money anyway. I mean what a losing time my money when I buy a prize you can't lose product losing time.  Yeah, but even if it's just kind of that attitude that grabs you and it's the same thing for me it's that attitude that grabs you and says look even when I just started my attitude was OK I already have this side hustle and already have my job so I'm making seventy-five grand a year. I can make all I can pay all my bills even if I flop on this real estate thing which I didn't think that I would. I still felt like I know the property I know the property's worth more than what I'm buying it for. So it's really hard to lose on a hard asset. It's not like throwing your money into Google and then all of a sudden their ad revenue drops and you have no control over anything the ad revenue drops or something like that and you suddenly lose 20 percent of the value of your money. It's not very rarely anything like that happened because you have the knowledge your and control the asset.  All of that of course and I'm going to finish our amazing interview which is really one of my favorites so far by saying that you can't really lose because even if you lose money is the way that I see it right now as a successful investor is fake. But knowledge is not fake. And even if you're going to lose money then that is your tuition.  You learn something and when you learn something that is going to be there forever until your last breath you're going to remember and know and have possessed that knowledge which could be utilized into the next deal. So I don't think you could ever lose money or you could ever lose you could lose money, but you could never lose when you're getting into real estate. I don't think that's exactly what it has been wonderful talking to you Michael really I had a great time and I'm sure we're going to be in touch you know and talk about other things in the future. Absolutely. Thank you for coming into the show and I really appreciate it because it's something that you know I'm grateful to be able to talk to people and hear their stories. I know you know we're investors and our time is very valuable. I want to thank you for dedicating the time to talk to us today. Really.  Absolutely. Thank you very much.  All right Michael. So you have a great day.  Thanks for listening to the real estate investing podcast with Don and Eden. Stay tuned for more episodes. Till next time.     

With more than 20 years of experience, Piyush Patel became an innovator in corporate culture as he grew his company, Digital-Tutors, into a leader in online training, educating over 1.5M students around the globe along the way. Piyush is an avid member of the Entrepreneurs’ Organization of Oklahoma, sits as an Advisory Board Member of Regent Bank and The Trust Company of Oklahoma. He has won numerous awards acknowledging his entrepreneurship as a trend-setter in our community.Learn More: www.leadlovetribe.comInfluential Influencers with Mike Saundershttp://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/

With more than 20 years of experience, Piyush Patel became an innovator in corporate culture as he grew his company, Digital-Tutors, into a leader in online training, educating over 1.5M students around the globe along the way. Piyush is an avid member of the Entrepreneurs’ Organization of Oklahoma, sits as an Advisory Board Member of Regent Bank and The Trust Company of Oklahoma. He has won numerous awards acknowledging his entrepreneurship as a trend-setter in our community.Learn More: www.leadlovetribe.comInfluential Influencers with Mike Saundershttp://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/

SEAN FROM REGENT BANK FOR BLOG by KXOJ

In this episode, business coach Clay Clark and Dr. Z have on the one and only Sean Kouplen of Regent Bank to talk about the frustrations of managing employees that refuse to follow the system. Find out how they are able to corral their team members along the path to success by insisting they follow the system or be promoted to customer status.

Welcome to the Young Businessmen of Tulsa podcast sponsored by Trost Marketing. Here at the young businessmen of tulsa our mission is focused on connecting, developing and inspiring young business leaders to find and pursue there passion. Today you get to listen into our monthly luncheon keynote from an experience and practical businesses leader in our area. Today’s speaker is Sean Kouplen, the Chairman & CEO of Regent Bank, a small businesses owner, investor, and a popular author and speaker. Kouplen has authored three best-selling books including - Twelve Life Lessons Every Graduate Should Know, The Priority Promise; and his most recent, The Abundance Mentality, an Amazon.com best seller. On April 1, 2008, Kouplen fulfilled a lifelong dream by leading an investor group that purchased 110-year old Regent Bank. Since that time, the bank has expanded to Tulsa and Oklahoma City, tripling in size from $72 million in assets to over $300 million in challenging economic times. Regent Bank has been named the Oklahoma Small Business Financial Services Champion by the Small Business Administration, and Sean was recently named the Central U.S. Community Banker of the Year by the ICBA. Kouplen’s many awards also include Journal Record’s Most Admired CEO, his fraternity’s top national alumni award, Citizen of the Year in Bixby, and being named to Oklahoma Magazine and Tulsa Business Journal’s Top 40 Under 40 lists. Let’s listen to Sean’s story and his message to young businessmen.

Doctor Robert H. Zoellner has been a successful optometrist and entrepreneur within the city of Tulsa for over 22 years. However, most would consider him to be an entrepreneur first and an optometrist 2nd, 3rd, 4th, or 5th. As a self-made entrepreneur who started with nothing but passion, his current business ventures include: Z66 Auto Auction, Rockin' Z Ranch, Dr ZZZ's Sleep Center, Dr. Robert H. Zoellner & Associates, and Thrive15.com. He served as the Director of the Board for Regent Bank from March 2008 through January 2013. He's known for consistently saying, "I'd rather invest in a business I have control over." He has made enough money that he is now in that, "I'm going to wear a soccer jersey and shorts everywhere" phase of his life. He deeply cares about humans and is involved in countless philanthropic causes, not the least of which includes his benevolent tasering of Thrive15 Founder, Clay Clark. See acast.com/privacy for privacy and opt-out information.