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On this episode of the Multifamily Innovation® Show, Sal Buscemi, Managing Partner & Co-Founder of Brahmin Partners and author of "Investing Legacy: How the 0.001% Invest," joins us for an eye-opening discussion on high-stakes investment strategies. Find out how the 0.001% manage their portfolios and the principle-led strategies that underpin successful investments in companies like SpaceX and Stripe. We also discuss Sal's intriguing transition from a pre-med student to a leading figure in the investment world, providing listeners with a unique perspective on building a resilient and diversified portfolio.Are you making the most of data in your investing decisions? We dive deep into the intersection of life science and technological investments, highlighting the transformative potential of AI for multifamily owners and operators. Sal sheds light on the perpetual need for capital raising in real estate and the pitfalls of traditional fund structures. Discover why data ownership is akin to having a Bloomberg terminal at your disposal and how innovative fee models can offer fairer investment opportunities for all.Finally, we tackle what makes a great investor and the importance of a proven track record, especially through economic downturns. Sal emphasizes the need for meaningful co-investments from sponsors and the critical role of trust and reputation in high-profile deals. Explore the intricacies of navigating wealth creation, the contrasting investment interests between men and women, and the long-term vision required for sustaining family wealth over generations. This episode is a treasure trove of strategic insights and practical advice for anyone serious about optimizing their investment approach. About the Multifamily Innovation® Council: The Multifamily Innovation® Council is the executive level membership organization that makes a difference in your bottom line, drives a better experience for your employees, and allows you an experience that keeps demand strong for your company. The council is uniquely positioned to focus on the intersection of Leadership, Technology, AI, and Innovation. The Multifamily Innovation® Council is for Multifamily Business leaders who want to unlock value inside their organization so they can create better experiences and drive profitability inside their company.To learn more or to join, visit https://multifamilyinnovation.com/council.For more information and to engage with leaders shaping the future of multifamily innovation, visit https://multifamilyinnovation.com/. Connect:Multifamily Innovation® Council: https://multifamilyinnovation.com/council/Multifamily Innovation® & AI Summit: https://multifamilyinnovation.com/Patrick Antrim: https://www.linkedin.com/in/patrickantrim/
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Investment Expert and best-selling author, Salvatore Buscemi. Sal is a former investment banking professional from Goldman Sachs, a three-time published author and now serving as the CEO of a multi family office. His portfolio prominently features privately-held life sciences companies, complemented by a diverse array of high-performing enterprises and select industrial real estate assets. In the real estate sector, his focus is consistently on Class A properties. His group partners with top-tier sponsors who have weathered multiple economic cycles, commit significant co-investment, and maintain audited financials. Connect with Sal: LinkedIn https://www.linkedin.com/in/salvatore-buscemi Get Sal Free Book Here: investinglegacy.com or sal@brahminpartners.com Highlights: 11:36 - Class A Opportunities (NY) 16:12 - Sal's Structure, What's on The Radar 19:40 - Threats, Housing, Social Changes 22:06 - Sal's Take on Crypto 32:51 - Building Relationships Instead of Being Transactional Quote: "For Those of you who are starting, it's never a spreadsheet, you can do ChatGPT and it can give you whatever you need. It's all about the relationships. That's going to be the most coveted skill going forward." Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Making Billions: The Private Equity Podcast for Startup Founders and Venture Capital Investors
Hey, welcome to another episode of Making Billions, I'm your host Ryan Miller and today I have my dear friend Sal Buscemi. Sal is a former investment banker from Goldman, now the managing general partner at Brahmin Partners, as well as the author of four books on finance and investing. This guy has been featured in Forbes, Investor's Business Daily, CBS New York, and more. So what this means is Sal is a capital raising animal and he's about to give you a masterclass on raising capital for your investment fund, or for your startup.Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/Twitter: https://twitter.com/_MakingBillonsWebsite: https://making-billions.com/[THE GUEST]: Sal is a former investment banker from Goldman, now the managing general partner at Brahmin Partners, as well as the author of four books on finance and investing. This guy has been featured in Forbes, Investor's Business Daily, CBS New York, and more.[THE HOST]: Talking Trading - Expert trading and investing tactics so you can excel in the markets.Your key to getting the results you deserve.Listen on: Apple Podcasts Support the showDISCLAIMER: The information in every podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening or viewing our episodes, you understand that no information contained in the episodes should be construed as legal or financial advice from the individual author, hosts, or guests, nor is it intended to be a substitute for legal, financial, or tax counsel on any subject matter. No listener of the episodes should act or refrain from acting on the basis of any information included in, or accessible through, the episodes without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer, finance, tax, or other licensed person in the recipient's state, country, or other appropriate licensing jurisdiction. No part of the show, its guests, host, content, or otherwise should be considered a solicitation for investment in any way. All views expressed in any way by guests are their own opinions and do not necessarily reflect the opinions of the show or its host(s). The host and/or its guests may own some of the assets discussed in this or other episodes, including compensation for advertisements, sponsorships, and/or endorsements. This show is for entertainment purposes only and should not be used as financial, tax, legal, or any advice whatsoever.
When you're dealing with family offices, you're dealing with the top .0001% of America's wealthiest families. As a result, your approach to allocating capital needs to be nearly flawless, with well-developed strategies and investment theses. Sal Buscemi, Managing Partner and Co-founder of Brahmin Partners, allocates capital on behalf of 13 Family Offices. Sal is an expert at building relationships with these sophisticated families and helping them preserve and grow their legacies. Sal has vast experience across asset classes and a well-informed, holistic view of the market that benefits his clients.
Are you confident in the way the younger generation is approaching entrepreneurship and investment?In this episode of The Angel Next Door Podcast, host Marcia Dawood sits down for an intriguing conversation with Sal Buscemi, an expert in family offices and investing. Sal shares his journey into the world of investing and demystifies the concept of family offices, shedding light on their unique perspectives and approaches. As the founder of a boutique multi-family office, Sal unveils invaluable insights into the world of family offices, offers advice for early stage investors, and discusses the changing landscape of wealth creation.This episode is a must-listen for anyone seeking to gain a deeper understanding of family offices, early stage investing, and the evolving dynamics of wealth creation. With insightful discussions on strategies for engaging with family offices, navigating investment opportunities, and the long-term vision of wealth preservation, this episode is a compelling resource for aspiring entrepreneurs and seasoned investors alike. To get the latest from Sal Buscemi, you can follow him below!LinkedIn - https://www.linkedin.com/in/salvatore-buscemi/Sal's book Investing Legacy: How the .001% Invest - https://a.co/d/8BqCmTdhttps://salvatorebuscemi.com/ Sign up for Marcia's newsletter to receive tips and the latest on Angel Investing!Website: www.marciadawood.comLearn more about the documentary Show Her the Money: www.showherthemoneymovie.comAnd don't forget to follow us wherever you are!Apple Podcasts: https://pod.link/1586445642.appleSpotify: https://pod.link/1586445642.spotifyLinkedIn: https://www.linkedin.com/company/angel-next-door-podcast/Instagram: https://www.instagram.com/theangelnextdoorpodcast/TikTok: https://www.tiktok.com/@marciadawood
Welcome back to another highlight episode ,today we had the pleasure of reconnecting with Sal Buscemi, a seasoned investor and managing director at Dandrew Partners LLC. Sal shared a wealth of knowledge about the current state of investing, particularly in the real estate and life sciences sectors.Sal has recently moved to Miami, a strategic decision to be closer to the cosmopolitan network and the families he's known since his time at Goldman Sachs. He discussed the impact of the Bitcoin craze on Miami's transformation into a tech hub and shared insights into his multifamily office, HRN, which stands for Harlem River Navy.HRN was formulated during the pandemic and has shifted its focus from real estate to life sciences and technology investments. Sal emphasized the importance of investing in ventures with high barriers to entry and founders with multiple exits under their belts. He also highlighted the significance of having other smart money investors alongside in deals.Discussing the current challenges in raising capital, Sal pointed out that rising interest rates have disrupted previously stable markets like commercial real estate. He also mentioned the geopolitical risks and the upcoming contentious elections as factors contributing to investor hesitancy.When it comes to engaging with ultra-high-net-worth families, Sal stressed the importance of building long-term relationships and being of service to potential investors. He shared anecdotes of how impactful investments in life sciences have provided both financial returns and a sense of contributing to society.Remember to like, subscribe, and share the Real Estate Syndication Show with friends interested in building wealth through real estate. Visit lifebridgecapital.com to start investing with us today.Click the links below to tune in to the full episodes and learn more:https://lifebridgecapital.com/2023/10/09/how-high-net-worth-individuals-invest-salvatore-buscemi/https://lifebridgecapital.com/2023/10/10/from-10m-to-100m-net-worth-salvatore-buscemi/VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow
ABOUT SAL BUSCEMISal Buscemi is the CEO and Co-Founding Partner of HRN LLC, a private multi-family investment office, as well as the CEO of Dandrew Partners Capital Management. He also serves as the Managing Partner for several other direct investment vehicles, spanning multiple asset classes in commercial real estate and credit, fine art private credit facilities, special situations, and well-performing life sciences investments, among others. As an author, Mr. Buscemi has penned several books on fund management and real estate private lending. A frequent speaker and guest lecturer on real estate finance, Mr. Buscemi has written numerous articles on the topic of real estate and private equity finance in various publications. Mr. Buscemi is a graduate of Fordham University and currently resides in Miami, Florida. THIS TOPIC IN A NUTSHELL: How Sal started from Wallstreet to Main StreetLearning the basics of Capital raising Collaboration with Life sciencesHow to vet your business partnersRaising fund worth 30 million at age 29The second rule of real estateInvestment strategy for fundraisingThe biggest takeaway of raising capital amidst the turmoilExpanding skillsets and salesmanshipWhat should an investor do in this current economic market?About Sal's books – Raising Real MoneyWhat investors are really looking for?How to fact-check and do your due diligence His take on the real estate market in the next few monthsInteractivity is the new currencyWhat's the best way to get started in real estate? KEY QUOTE: “We are very protective of our track record because that's all you have at the end of the day. You're only as good as your last show in Vegas.” ABOUT THE WESTSIDE INVESTORS NETWORK The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication. The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com. #RealEstateInvesting #Acquisition #RaisingCapital #FundRaising #Syndication #InvestmentStrategy #ValueAddModel #FundManager #RaisingRealMoney #author #AssetManagement #TrackRecord #Salesmanship #sales #Sponsors #Syndicator #GeneralPartner #Entrepreneur #Investment #Multifamily #CapitalCall #LifeSciences #InvestingLegacy #BuildingWealth #CashFlow #PassiveWealth #FinancialFreedom #NewEpisode #podcasting #JointheWINpod #WestsideInvestorsNetwork CONNECT WITH SAL BUSCEMI: LinkedIn: https://www.linkedin.com/in/salvatore-buscemi Twitter: https://twitter.com/SMBuscemi Instagram: https://www.instagram.com/salvatorembuscemi Facebook: https://www.facebook.com/salvatore.buscemi.589 Amazon: https://www.amazon.com/stores/Salvatore-M.-Buscemi/author/B00O5IHPTC?ref=ap_rdr&store_ref=ap_rdr&isDramIntegrated=true&shoppingPortalEnabled=true Get your free audible book here! Raisingrealmoney.com CONNECT WITH US For more information about investing with AJ and Chris: · Uptown Syndication | https://www.uptownsyndication.com/ · LinkedIn | https://www.linkedin.com/company/71673294/admin/ For information on Portland Property Management: · Uptown Properties | http://www.uptownpm.com · Youtube | @UptownProperties Westside Investors Network · Website | https://www.westsideinvestorsnetwork.com/ · Twitter | https://twitter.com/WIN_pdx · Instagram | @westsideinvestorsnetwork · LinkedIn | https://www.linkedin.com/groups/13949165/ · Facebook | @WestsideInvestorsNetwork · Youtube | @WestsideInvestorsNetwork
If you are a founder of a biotech or life science startup, you don't want to miss this episode. If you're not, you may still find it fascinating. I talked to Sal Buscemi about family offices and what kinds of assets they invest in.Until recently, I didn't know what a family office was. These are people or families with at least 100 million dollars of investible assets. They represent a unique source of funding for startups. They have different goals and timelines than a typical VC firm. As a result, you'll need to take a different approach to communicating with them.The takeaway here is the same as always for good marketing. Know your customer, and what they value. Craft your message/offer around that.When you have that much money to invest, you certainly want a return but you also want to make an impact. And let your friends know about it. They are looking for statement-class assets. These are assets that are a conversation starter anywhere you go. Successful people want to be associated with successful people from other industries. Example: Be the first to show up with a million dollars and have a Nobel Prize winner join your family for lunch. As I mention in the podcast, no one will shed a tear for the folks who have millions to invest to make more money. But there is a psychological burden on the 2nd and third generations. How do you demonstrate your own value, your skills, etc in the shadow of inherited wealth? Sal points out the scene in Ford vs Ferrari where Enzo Ferrari insults Henry Ford Jr by reminding him that he is not Henry Ford. He's Henry Ford the 2nd. So the question for them becomes, “What's the best way I can make an impact?” You can make an impact here by subscribing to the podcast wherever you listen and to my newsletter.Thanks very much! You did subscribe, didn't you?Sal stressed the importance of relationships. Patience is your friend. No “quant-splaining.”People today, if you were to do some research, they don't trust facts and figures anymore. They trust the stories, and that's really what it is. And they want to make sure that if they're sitting in front of someone, that person's gonna make the best decisions as a steward of their wealth and capital to go into it. Because at the end of the day, and everybody listening to this as a founder should really, really figure this out. Nobody is going to part with their life savings unless they give you their time first. And that's so important to remember. And here's a bonus, I think especially for life science and biotech companies. Some of these investors are looking at longer time horizons than a VC firm. If you look at anything on LinkedIn or maybe on bloomberg.com, you'll see that, there is a bias right now where a lot of these families are going in and they're getting the same terms that, you know, any other fund would get, but they don't want to be alongside the fund because they don't wanna have someone that doesn't have at least a 10-year horizon with this. And I can tell you there's some families that say, Sal, don't even talk to us unless it fits our 40-year plan. Finally, Sal noted the importance of media, going on podcasts! and having an online presence that your investors can point to that, again, make them look good. I have some ideas around that. See below and be sure to listen to the full episode.Your deepest insights are your best branding. I'd love to help you share them. Chat with me about custom content for your life science brand. Or visit my website.Free Book: Calling the CapitalSal's Firm: Harlem River NavyIntro Music stefsax / CC BY 2.5 This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cclifescience.substack.com
Today on the Life Science Success podcast my guest is Sal Buscemi. Sal is a notable figure in the world of finance and real estate, has made a name for himself through his impressive portfolio of investments and his leadership roles in various investment offices. Currently serving as the CEO and Co-Founding Partner of HRN, a private multi-family investment office, as well as the CEO for Dandrew Partners Capital Management. Sal Buscemi discusses the importance of understanding the science and evaluating user feedback effectively He advises making investment opportunities attractive to investors, as they are unlikely to focus on the math Sal emphasizes the significance of building relationships and networking, as it is important for building a brand and reputation He expresses concerns about the potential destabilization of the petro dollar and the impact it might have on the strength of the country Sal mentions that he enjoys building things, meeting new people, and making an impact in the life sciences industry
The FDA Group's CEO Nick Capman sits down with seasoned investor Salvatore Buscemi to delve into the intricacies of investment in early-stage life science and device companies. They highlight key aspects such as: » The definition and role of 'family offices' in life science investments. » The importance of investors being prepared to lose their investment due to potential risks, highlighting that these investors should be aware of who they're investing alongside. » The mistakes founders often make when raising capital, notably misunderstanding the relationship-driven nature of the business, and the need to build trust before expecting monetary investments. » The significance of startups communicating regularly with potential investors, setting investment deadlines, and offering additional rewards like advisory board positions. » The need to carefully consider going public, as it's not the only exit strategy and can necessitate a change in leadership. » Sal's recently published book "Investing Legacy," aimed at guiding newly wealthy individuals seeking to build a long-term legacy, and the importance of understanding different investment types. » Encouragement for new entrepreneurs to view entrepreneurship as self-development, predicting a resurgence in IPO markets and mergers in the next 12 to 18 months. Salvatore M. Buscemi has made a name for himself through his impressive portfolio of investments and his leadership roles in various investment offices. Currently serving as the CEO and Co-Founding Partner of HRN, LLC, a private multi-family investment office, as well as the CEO for Dandrew Partners Capital Management, Buscemi has demonstrated a keen eye for successful investment strategies. He also serves as the Managing Partner for several other direct investment vehicles, spanning multiple asset classes in commercial real estate and credit, fine art private credit facilities, special situations, and well-performing life sciences investments, among others. Who is The FDA Group? The FDA Group helps life science organizations rapidly access the industry's best consultants, contractors, and candidates. Our resources assist in every stage of the product lifecycle, from clinical development to commercialization, with a focus in Quality Assurance, Regulatory Affairs, and Clinical Operations. https://www.thefdagroup.com/
With so much information out there, it can be so easy to get confused about what investing is. Sifting through the right ones can put any budding investor off from being in the industry altogether. And what a waste of potential wealth-building avenue that could be. Not to worry because this episode's guest has compiled years-worth of wisdom around investing that will help your journey. Salvatore Buscemi, the CEO and Co-founder of Dandrew Partners, shares with us his latest book, Investing Legacy: How the .001% Invest. He gives us a fresh view of what legacy means and where stories matter. Plus, Sal also discusses some of the mistakes people make when raising capital and the importance of being relational rather than transactional. Join this conversation and find out more about investing and leaving a legacy.Wanna Host Your Own Podcast?Click here to see how my friends at Podetize can helpPurchase John's new bookThe Sale Is in the TaleJohn Livesay, The Pitch WhispererShare The ShowDid you enjoy the show? I'd love it if you subscribed today and left us a 5-star review!Click this linkClick on the 'Subscribe' button below the artworkGo to the 'Ratings and Reviews' sectionClick on 'Write a Review'Love the show? Subscribe, rate, review, and share!Here's How »Join The Successful Pitch community today:JohnLivesay.comJohn Livesay FacebookJohn Livesay TwitterJohn Livesay LinkedInJohn Livesay YouTube
Salvatore M. Buscemi is the CEO and Co-Founding Partner of HRN, LLC a private multi-family investment office, and CEO for Dandrew Partners Capital Management, his own investment office. Top of Form Listen to this informative Private Equity Profit episode with Sal Buscemi about investing like the 1%. Here are some of the beneficial topics covered on this week's show: Sal tells Seth how and why he created the Fine Art Enhancing Credit Fund; and fine art investing and how this can be used as an income replacement for real estate. Sal explains that private equity is not risky when you can control the terms and the price you get in. Sal discusses that leverage is one of the most important lessons he's learned. Connect with Seth: · Website - https://marketdominationllc.com · Podcast: https://apple.co/2TITKym · LinkedIn - https://www.linkedin.com/in/sethgreene/ · Facebook - https://www.facebook.com/sethngreene · Twitter - https://twitter.com/mktdominationus?lang=en · YouTube - https://www.youtube.com/user/APMFunnel · Link to Forbes - https://www.forbes.com/sites/kateharrison/2018/05/16/is-podcast-marketing-right-for-your-business/?sh=189de5af2669 Learn more about your ad choices. Visit megaphone.fm/adchoices
In this video, Sal Buscemi and I will discuss how to get unlimited real estate funding without a bank. There are some strategic things that you'll want to keep in mind when raising money, and in this video we'll discuss how you can do it the easy way. Check it out! Check out Sal's Books Here: https://amzn.to/3KbGL3R Grab the Audio Book for Free at https://reieducationacademy.com/audible (Search for Salvatore Buscemi) Training Registration: https://reieducationacademy.com/sal Get More from Jamel Here: https://linktr.ee/jamelgibbs
On this episode I am joined by financial guru and author Sal Buscemi to discuss the top reasons how most Americans are foolish with their money. He also dives into his books, how the middle class invests versus the rich and how people can expand their financial knowledge. This is a must listen episode.
In today's episode of the As Told by Nomads Podcast, join me and Sal Buscemi as we talk about the thinking behind the minds of the 0.001% top investors of the world. In a time where even the youth are more focused than they've ever been in molding their life's legacy, it now begs anyone of us to question, "what do you want to leave behind as your legacy?" Sal explains why there's a difference between the middle class and the wealthy, how your network will help define your future, what you need to do out of your circle, and why it is crucial to weigh in your values when deciding how to invest.Even the kids are doing it…In the episode, Sal states that even the young generation today is busy and focused on making a name for themselves. To do so, they pay attention to personal branding, and they leverage the same media platforms that are essential to us in this day and age. In his book, "Investing Legacy: How the .001% Invest," Sal further explains how even the most average of the Average Joe can implement actionable steps to help them establish their legacy in life. But if you don't yet have the book, what can you do at the moment? For Sal, you can start by getting out of your circle. First, you need to identify what's comfortable to you now and start assessing what else you need to do differently from your comfort zone that can get you ahead. Second, find yourself a financial nerd. Don't call nor treat them like nerds, though, because typically, people who are adept in finance can teach you a thing or two on what you're doing wrong with your money that's holding you back. Outline of the episode:[02:22]Who is Sal Buscemi?[04:22]What the youth are getting into today…[06:01]The difference between the middle class and the wealthy[09:43]Is liquidity overrated?[13:11]Get out of your circle and find a financial nerd![16:34] Sal's book on what you can do even if you're young[20:24]That's middle-class BS![22:27]Do you want to be a provider or a mogul?[25:43]Why are you following who you're following?[31:10] Ask the questions you've never asked yourself beforeResources:Website: https://www.salvatorebuscemi.com/Instagram: https://www.instagram.com/salvatorembuscemi/?hl=enInvesting Legacy: How the .001% Invest, Book by Sal Buscemi: https://www.amazon.com/Investing-Legacy-How-001-Invest/dp/173609002XConnect with Tayo Rockson and the As Told By Nomads Podcast on:Personal Website: https://tayorockson.comUYD Management: https://uydmanagement.com/UYD Collective: https://tayorockson.com/uyd-collectiveLinkedin: https://www.linkedin.com/in/tayorockson Podcast: https://podcasts.apple.com/us/podcastTwitter: https://twitter.com/TayoRockson See acast.com/privacy for privacy and opt-out information.
Sarah is joined by Salvatore Buscemi aka "The Cranky Banker." Together they try to tackle to challenge of managing people with different values and religions. They talk about the importance of workplace culture and how to keep employees engaged from day to day.
Are you thinking of entering the commercial market and investing in a note? If that’s a yes, then let Salvatore Buscemi teach you all about the commercial market. Sal is the co-Founder and Managing Partner of Dandrew Partners, LLC, a well-funded and highly regarded real estate solutions provider in the secondary mortgage market that specializes […]
Are you thinking of entering the commercial market and investing in a note? If that’s a yes, then let Salvatore Buscemi teach you all about the commercial market. Sal is the co-Founder and Managing Partner of Dandrew Partners, LLC, a well-funded and highly regarded real estate solutions provider in the secondary mortgage market that specializes in non-performing residential mortgages and manages portfolios of up to $50 million. He is also the Founder and CEO of TheCommercialInvestor.com as well as the the co-Founder of ACPARE, the industry’s leading accreditation agency for buy-side real estate professions. Don’t miss this episode and avoid the pitfalls of the note investing space as he outlines the usual mistakes investors and buyers tend to make in investing in commercial loans.
In this podcast episode, you will learn: Strategies on how to speak to your investors about a deal Ask your investor "What's your experience in real estate?" Figure out what the investors want Manage investors expectation Pick your SDI custodian Give them service, time, advisory and motivation Treat your investors like your personal friend Send your investors "deal toys" How to Call the Capital STEP 1 : Document preparation Drone Video Tear Sheet Terms with Hyperlinks Deadlines: people are forced to respond STEP 2 : Start calling the capital Set up LLC to put money into Wells Fargo easy to work with for Real Estate Holding Companies Tranche it out 1st investors get equity kickers, income kickers 2nd tranche just get income 3nd tranche get cash flow note Everyone actually is first tranche STEP 3 : Keep the money coming STEP 4 : Make some phone calls and Texts STEP 5 : Start thanking people STEP 6 : Closing Dinner Follow Sal on The Commercial Investor : (https://www.facebook.com/TheCommercialInvestor/) (https://www.thedandrewletter.com) *To register your interest in the Putnam Green Property, visit (https:RealBlueSpruce.com/portal) And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (https://podcasts.apple.com/us/podcast/creative-real-estate-podcast/id1285094279)
How do you build relationships with high-net-worth individuals who have the resources to invest in your real estate deals? By treating them like friends, not ATMs. Sal Buscemi is Managing Director at Dandrew Partners, a market leader in short-term loans and equity financing. He mentors aspiring fund managers through The Commercial Investor, a division of Dandrew that teaches wealth creation through real estate the Wall Street way. Sal started his career as an investment banker with Goldman Sachs before transitioning to real estate, and to date, he has raised a total of $500M in capital for other people’s projects as well as his own. He is also a sought-after speaker in the realm of real estate finance and has written countless articles on residential and commercial investing. Today, Sal joins Oliver to discuss the details of his current project, a 166K square-foot class A industrial development in Las Vegas. He shares his three rules for choosing an operator and offers advice on vetting real estate deals ‘like a jilted ex-lover going through the cell phone records.’ Sal also provides guidance on presenting deals to potential investors, staying top-of-mind without becoming annoying, and conducting a capital call for a new deal. Listen in for insight into how Sal raised money for his current commercial investment and learn how to build and nurture positive relationships with a network of investors! Key Takeaways [0:45] An overview of Sal’s current project 166K ft2 industrial development Class A (credit-worthy tenants) [3:54] Sal’s background and experience 5 years at Goldman Sachs ‘Hired gun’ for family office Two distressed credit funds [9:42] Sal’s 3 rules for choosing operators Audited track record Been through 2 market cycles 10% hard equity in game [21:01] Sal’s advice on vetting deals Compare to market (cap rate) Rental income drives value [24:38] Why Sal prefers industrial to multifamily Fewer inefficiencies Steady, credible tenants [31:18] How to present a deal if you can’t put your own money in Equity in building business and relationships Demo conviction in other ways (e.g.: no management fee) [35:20] Sal’s guidance around raising money Talk to people trust, build following Handle concerns re: liquidity [40:16] How to build positive relationships with HNWI Get involved with charities, boards Treat network like friends Avoid conspicuous spending [46:33] How to present deals to potential investors Reach out with newsletter on market Host cocktail mixers at office [48:43] How to stay top-of-mind without becoming annoying Send article or text once per quarter Dedicated time to reach out via email [59:36] How to conduct a capital call Offer fast-action bonuses Be specific with deadlines to create urgency [1:06:07] How to deal with overbearing investors Recommend different asset Put in place (professional, passive investment) [1:09:23] Sal’s process for offering a new deal Send out tear sheet Wiring instructions on page 1 of email Connect with Sal The Dandrew Letter Connect with Oliver Big Block Realty Oliver on Facebook Oliver on LinkedIn Resources Monkey Business: Swinging Through the Wall Street Jungle by John Rolfe and Peter Troob The 100 Million Dollar IRA: The Closely Guarded Secrets to Building a 9-Figure IRA by Salvatore M. Buscemi Real Closers Tony Robbins Upwork Joe Polish Slybroadcast Google Voice DocuSign
The commercial market is where you most want to be at the moment and we've got the break down of all the important insights and information about it. Scott talks with commercial note investor and co-founder of Dandrew Partners, LLC, CEO of TheCommercialInvestor.com, and co-founder of ACPARE, Sal Buscemi, about the commercial market and where opportunities lie. He discusses the usual mistakes investors and buyers tend to make in investing in commercial loans and offers some tips on how to do better, from investing in single-family units to multi-family and more. He also gives inputs on how to raise a capital by highlighting the importance of gaining confidence in talking to investors and other experienced people while giving out his pitch book. Love the show? Subscribe, rate, review, and share! Here’s How » Join The Note Closers Show community today: WeCloseNotes.com The Note Closers Show Facebook The Note Closers Show Twitter Scott Carson LinkedIn The Note Closers Show YouTube The Note Closers Show Vimeo The Note Closers Show Instagram We Close Notes Pinterest
The commercial market is where you most want to be at the moment and we've got the break down of all the important insights and information about it. Scott talks with commercial note investor and co-founder of Dandrew Partners, LLC, CEO of TheCommercialInvestor.com, and co-founder of ACPARE, Sal Buscemi, about the commercial market and where opportunities lie. He discusses the usual mistakes investors and buyers tend to make in investing in commercial loans and offers some tips on how to do better, from investing in single-family units to multi-family and more. He also gives inputs on how to raise a capital by highlighting the importance of gaining confidence in talking to investors and other experienced people while giving out his pitch book. Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest
Navigating the waters of raising capital for your deals, no matter how small or big they are. Featuring guest Sal Buscemi of The Commercial Investor, http://thecommercialinvestor.com
According to Sal Buscemi, the commercial real estate bubble that's about to burst will make what happened with sub-prime mortgages like "Sunday School". He tells about some of the awesome opportunities that are coming up in the commercial space....don't miss this insightful episode of the FlipNerd.com Expert Interview! For a limited time, access a FREE Master Class called the "Real Estate Millionaire Blueprint" HERE!
Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
It was big in 2016 – and will be even bigger in 2017. What is “IT”? CROWDFUNDING, of course… and I’ve brought in a special expert to discuss this whole CROWDFUNDING PHENOMEMON with us… and his opinion is… shall I say… something DIFFERENT than the conventional wisdom. I think you’ll love it. I’m Bryan Ellis. This is Episode #235. ---- Hello, SDI Nation! Welcome to the broadcast of record for savvy self-directed investors like you where each day, we help you DECLARE INDEPENDENCE FROM WALL STREET. Today is show #235 so that means you can get the links, resources and transcripts from today’s show at SDITalk.com/235. And if you’d like to participate in the discussion about this with us online, you can do that on Twitter or Facebook where you can find us at – of course – SDITalk. Today I’m sharing a special interview with you I did with Sal Buscemi of Dandrew Partners LLC, a New York-based commercial real estate advisory boutique firm that helps institutional investors place capital into distressed commercial real estate assets. He’s also a Goldman Sachs alum, having spent 5 years there as an investment banker, so he’s got the big-capital perspective of Wall Street, but the heart of a real estate man. I’ve known Sal a long time, and while I don’t agree with everything he says. I absolutely, positively respect his opinion. I bet you will, too. But first – Remember this, folks: Here at the start of 2017 if you need $50,000 to $250,000 for an investment or your business, there’s one place to go to get that capital at ZERO INTEREST – yes, you heard that correctly – is to visit SDITalk.com/credit. There you’ll find my friends Ari Page & Mike Banks from Fund & Grow. Those guys work some special magic to make it possible to acquire long-term zero-percent funding for anybody with good credit… so if that’s you and you need a bit of capital to push 2017 in the direction you need, reach out to them now at SDITalk.com/credit. Bryan Ellis: Sal, this whole thing called crowdfunding, there’s a lot of interest out there in this topic but from my vantage point, there’s a lot of confusion as well. It looks like from my humble but incredibly prescient viewpoint, this looks like amateur hour to me. How is crowdfunding playing out from your point of view? Sal Buscemi: I’ll tell you, I think it’s going to be one of the largest vehicles for wealth destruction in this country. I’ll tell you why, because you’re getting less sophisticated people coming in with the bare minimum investment of $500, $1000. They’re able to get involved in deals but are they really getting good deals and what’s really the driver behind this? Are there interests … In the industry we say, “How are my interests aligned with the operator?” Bryan Ellis: Right. Sal Buscemi: The operator is the person who’s pulling the money, who’s going to buy the investment. You always want to ask the hard questions and a lot of people are just not sophisticated enough going into this knowing the hard questions to ask. Bryan Ellis: Yeah, it looks like basically what’s happened is that crowdfunding’s made it to some degree possible for inexperienced investors to build pools of capital where before they would have at least had to go through maybe the Regulation D type offering at the very least. Now it’s much, much simpler for everybody so the bar’s lower and the dirt is thicker. Sal Buscemi: Yeah, there’s a lower bar to entry, right? The cheapest capital support is the biggest losers. Now you’re going to have people who don’t understand the asset class, they think they’re buying one thing, are they really buying it and really, what is the operator’s experience? My saying in the industry is, “Good operators turn bad deals into good ones and bad operators turn good deals into bad deals.” That’s just the way it goes and I think when the … Especially now where we are in the market right now Bryan, things are capped out. What I mean by that, prices are at the top and interest rates have changed and nobody was doing anything until we saw a change in the election. Now we see interest rates creeping a little bit, it has to do with China, they’re dumping some of the treasuries, I don’t think it’s going to last but that’s going to affect a lot of … I don’t think somebody getting in it at a price today are going to be able to exit at the same price or more later on if that makes sense. It is no different than buying a house in Phoenix in 2007. It only was really worth at one point $200,000 but people are bidding as high as 350, 400,000 dollars. The only reason why they were able to do that is because there was so much cash readily available through subprime. The same thing is happening here and now you have one guy who decided to wake up one day, he’s tired of his corporate job, he’s a software engineer and he’s going to decide to buy an apartment complex two states away or two time zones away and I’m speaking from experience here. He has no one on the ground to manage it and he’s treating it like it’s a bond or a stock and it’s absolutely not. Bryan Ellis: Right. Sal let’s back up just a little bit, what is crowdfunding? Sal Buscemi: Crowdfunding in its simplest form is you’re able to crowdsource money from people using something that is passed during 2013 during the Obama administration called the JOBS Act, I think it’s title four if I recall correctly. It allows people to go out and raise smaller increments of money whereas before they would have to do something more meaningful using a Reg D. It would be more cost prohibitive, there would be a higher barrier to entry. Now, those barriers to entry have been removed as a direct result of the Jumpstart Our Businesses Act or I think that’s what the acronym is, the JOBS Act. That has made people able to go out there and crowdsource things as it relates to in simplest forms maybe new widgets, maybe new technology but it’s moving over to real estate and that’s really where the scary part is for me as someone who has grown up and been professionally trained as a classical distressed real estate investor his whole life. My friends, there's a whole lot more of that interview you'll get right here on tomorrow's show. If you'd like to hear it right now, you're welcomed to do that by going over to SDITalk.com/235 where you'll find the transcript and entire interview if you'd like to get it right now. In the mean time, invest wisely today and live well forever... throughout ALL of this great new year of 2017! See acast.com/privacy for privacy and opt-out information.
Sal Buscemi introduces us to a new way to raise money for your real estate investing. -------------- The free course is new and improved! To access to the two fastest and easiest strategies to a paycheck in real estate, go to FreeRealEstateInvestingCourse.com or text “FreeCourse” to 55678. What interests you most? E ducation P roperties I ncome C oaching
Did you know that we’re at the forefront of a tidal wave of commercial foreclosures? - Roughly HALF of the $1.4 trillion in commercial loans in the market is currently upside down and the other half is coming due over the next 5 years.