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PreReal Podcast
James Prendamano
189 episodes
3 months ago
EPISODE SUMMARY: There's something about a tale of rags to riches that captures our hearts and ignites our ambitions, and Jim Biggs' story is no exception. From the poignant beginnings as an orphaned child to a pinnacle of success in the real estate industry, Jim's narrative is a brilliant illustration of how resilience shapes destiny. As the founder of Jerome Enterprises and the GOB network, he joins us to reveal his transformative journey and the inception of a platform that's redefining community and opportunity in the world of real estate investment. Navigating the complexities of commercial real estate can be overwhelming, but Jim's insights simplify the labyrinth. He candidly discusses the myths of quick success and the steadfast dedication required to prosper in the industry. What's more, his comparison of the GOB network's philosophy to the collaborative success of Linux serves as a testament to the power of community-driven progress. Whether you're a seasoned investor or a curious newbie, Jim's approach to creating a membership-driven real estate platform offers a blueprint for building generational wealth and achieving personal fulfillment. JIM'S BIO: Jim Biggs has a diverse background, beginning with shipbuilding and the U.S. Air Force's elite "Walking Airforce" group. He later excelled in retail, sales, and the automotive industry, becoming a general partner in franchises. Holding real estate and insurance licenses, he's now a Managing Broker in Indiana. Jim is actively involved in various professional associations and is the founder of The GOB Network, an inclusive platform for apartment investors, offering deal sourcing, coaching, and creative partnership structures. GET IN TOUCH WITH JIM : gobnetwork.com EPISODE CHAPTERS: (0:00:00) - Jim Biggs Founder of GOB Network Jim Biggs shares his journey from orphan to real estate success, discussing GOB network and life's unexpected turns. (0:09:52) - GOP Network and Commercial Real Estate Jim Enterprises' transition to multi-family real estate, hard work over luck, calculated risk-taking, and the GeoBean Network's aim to democratize access to coaching and mentoring. (0:16:47) - Business Ownership for Real Estate Investors GOP network disrupts traditional real estate education by empowering investors to directly invest in deals for better learning and success. (0:22:07) - Membership-Driven Real Estate Platform Open-source philosophy, collaborative intelligence, and financial empowerment through membership-driven progress and real estate investment. (0:35:32) - Investing in Dallas Building a real estate network in Dallas requires time, money, and connections, which can be found through the GOB community. (0:39:38) - Real Estate Game Real estate insights, GOB network, and projects discussed with CEO Jim, who has over a billion in transactions. For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal
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Business
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EPISODE SUMMARY: There's something about a tale of rags to riches that captures our hearts and ignites our ambitions, and Jim Biggs' story is no exception. From the poignant beginnings as an orphaned child to a pinnacle of success in the real estate industry, Jim's narrative is a brilliant illustration of how resilience shapes destiny. As the founder of Jerome Enterprises and the GOB network, he joins us to reveal his transformative journey and the inception of a platform that's redefining community and opportunity in the world of real estate investment. Navigating the complexities of commercial real estate can be overwhelming, but Jim's insights simplify the labyrinth. He candidly discusses the myths of quick success and the steadfast dedication required to prosper in the industry. What's more, his comparison of the GOB network's philosophy to the collaborative success of Linux serves as a testament to the power of community-driven progress. Whether you're a seasoned investor or a curious newbie, Jim's approach to creating a membership-driven real estate platform offers a blueprint for building generational wealth and achieving personal fulfillment. JIM'S BIO: Jim Biggs has a diverse background, beginning with shipbuilding and the U.S. Air Force's elite "Walking Airforce" group. He later excelled in retail, sales, and the automotive industry, becoming a general partner in franchises. Holding real estate and insurance licenses, he's now a Managing Broker in Indiana. Jim is actively involved in various professional associations and is the founder of The GOB Network, an inclusive platform for apartment investors, offering deal sourcing, coaching, and creative partnership structures. GET IN TOUCH WITH JIM : gobnetwork.com EPISODE CHAPTERS: (0:00:00) - Jim Biggs Founder of GOB Network Jim Biggs shares his journey from orphan to real estate success, discussing GOB network and life's unexpected turns. (0:09:52) - GOP Network and Commercial Real Estate Jim Enterprises' transition to multi-family real estate, hard work over luck, calculated risk-taking, and the GeoBean Network's aim to democratize access to coaching and mentoring. (0:16:47) - Business Ownership for Real Estate Investors GOP network disrupts traditional real estate education by empowering investors to directly invest in deals for better learning and success. (0:22:07) - Membership-Driven Real Estate Platform Open-source philosophy, collaborative intelligence, and financial empowerment through membership-driven progress and real estate investment. (0:35:32) - Investing in Dallas Building a real estate network in Dallas requires time, money, and connections, which can be found through the GOB community. (0:39:38) - Real Estate Game Real estate insights, GOB network, and projects discussed with CEO Jim, who has over a billion in transactions. For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal
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Business
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Investing in Commercial Real Estate with Your IRA with Josh Plave | Prereal Podcast #178
PreReal Podcast
26 minutes 50 seconds
1 year ago
Investing in Commercial Real Estate with Your IRA with Josh Plave | Prereal Podcast #178
EPISODE SUMMARY: Sharpen your investment strategy and start generating high returns with our latest conversation featuring Josh Plave, founder of Wall to Main. We promise you'll walk away with a wealth of knowledge on how to maximize your real estate investments using retirement funds. Josh, an expert investor, shares how he has leveraged retirement funds for successful engagement in the multifamily market post recent Federal announcements. We focus on the intricacies of the Unrelated Business Income Tax (UBIT) for leveraged assets and why market adaptability is crucial for investors. Discover the power of self-directed Individual Retirement Accounts (IRAs) in real estate and the process of setting up an LLC for your investment pursuits. We also tackle the tax implications of using retirement funds for real estate investments and strategies to minimize them. As we explore the current multifamily market, Josh provides insights into identifying profitable deals, the significance of value-add opportunities and occupancy rates, and the necessity of having a minimum fixed term on debt. Get ready to revolutionize your real estate investment game with this enlightening conversation. JOSH BIO: Josh is an apartment owner and operator who specializes in helping investors use their retirement funds to passively invest. As a general partner on over 1,300 units across the country, Josh runs Wall to Main, where he provides education and investment opportunities aligned for IRAs, 401k's and everything in between. GET IN TOUCH WITH JOSH: www.walltomain.com www.instagram.com/joshplave www.linkedin.com/in/joshplave www.facebook.com/joshplave EPISODE CHAPTERS: (0:00:02) - Maximizing Real Estate Investments With Retirement Josh Plave shares his journey of using retirement funds to invest in multifamily market and navigating UBIT tax. (0:10:02) - Investment Strategy and Property Management Process Nature's potential for high returns through self-directed IRAs and LLCs, minimizing tax implications and finding the right properties. (0:18:28) - Real Estate Investment Opportunities Nature's multifamily real estate market, finding good deals, value-add opportunities, occupancy rates, and the impact of declining migration on rentals. #RealEstate #Tips #PreReal For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk Becca's Real Estate Tips https://www.youtube.com/watch?v=hSQsDJUTOW8&list=PLbyMUN39hTNVu6OeabosHIP_CTfuqg_4X Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prereal
PreReal Podcast
EPISODE SUMMARY: There's something about a tale of rags to riches that captures our hearts and ignites our ambitions, and Jim Biggs' story is no exception. From the poignant beginnings as an orphaned child to a pinnacle of success in the real estate industry, Jim's narrative is a brilliant illustration of how resilience shapes destiny. As the founder of Jerome Enterprises and the GOB network, he joins us to reveal his transformative journey and the inception of a platform that's redefining community and opportunity in the world of real estate investment. Navigating the complexities of commercial real estate can be overwhelming, but Jim's insights simplify the labyrinth. He candidly discusses the myths of quick success and the steadfast dedication required to prosper in the industry. What's more, his comparison of the GOB network's philosophy to the collaborative success of Linux serves as a testament to the power of community-driven progress. Whether you're a seasoned investor or a curious newbie, Jim's approach to creating a membership-driven real estate platform offers a blueprint for building generational wealth and achieving personal fulfillment. JIM'S BIO: Jim Biggs has a diverse background, beginning with shipbuilding and the U.S. Air Force's elite "Walking Airforce" group. He later excelled in retail, sales, and the automotive industry, becoming a general partner in franchises. Holding real estate and insurance licenses, he's now a Managing Broker in Indiana. Jim is actively involved in various professional associations and is the founder of The GOB Network, an inclusive platform for apartment investors, offering deal sourcing, coaching, and creative partnership structures. GET IN TOUCH WITH JIM : gobnetwork.com EPISODE CHAPTERS: (0:00:00) - Jim Biggs Founder of GOB Network Jim Biggs shares his journey from orphan to real estate success, discussing GOB network and life's unexpected turns. (0:09:52) - GOP Network and Commercial Real Estate Jim Enterprises' transition to multi-family real estate, hard work over luck, calculated risk-taking, and the GeoBean Network's aim to democratize access to coaching and mentoring. (0:16:47) - Business Ownership for Real Estate Investors GOP network disrupts traditional real estate education by empowering investors to directly invest in deals for better learning and success. (0:22:07) - Membership-Driven Real Estate Platform Open-source philosophy, collaborative intelligence, and financial empowerment through membership-driven progress and real estate investment. (0:35:32) - Investing in Dallas Building a real estate network in Dallas requires time, money, and connections, which can be found through the GOB community. (0:39:38) - Real Estate Game Real estate insights, GOB network, and projects discussed with CEO Jim, who has over a billion in transactions. For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal