The Secret To Living Your Dream Life Without Being Financially Free | Brian Davis
Millionaire Mindcast
Matt Aitchison Media, Inc
4.4 • 716 Ratings
🗓️ 12 June 2023
⏱️ 32 minutes
🧾️ Download transcript
Summary
In this episode of the Millionaire Mindcast, our guest is Brian Davis who shares his real estate investing journey, being an expat living around the world, insights on how he sequentially built-up to where he is today, integrating syndication, the buy-criteria for deals and diversifying it, and how to live your ideal lifestyle without actually being financially free!
Brian Davis is a rental industry expert, passionate real estate & personal finance educator, freelance writer for Inman, R.E.Tipster, Coach Carson, Think Save Retire, 1500 Days, Money Crashers, and of course, BiggerPockets, and Co-Founder at Spark Rental, a real estate investment club that help people and landlords grow and manage their rental portfolio, and reach financial independence through education and tools. He loves writing and hosting online classes.
He managed an e-commerce company for almost eight years, during which time the company exploded from a tiny startup to an international corporation. He had also served as the Real Estate Department Manager for Bay Capital Corporation, a national mortgage lender. Then, he gradually scales up his real estate investing career. Today, Brian owns an interest in over 1,500 units and has owned dozens of rental properties. This allows him to live around the world for 8 years now. Brian is living an ideal lifestyle without actually being financially independent!
Some Questions I Ask:
Give us some insights on from where you started and where you are today?
Talk about your investing journey?
What do you say to the person who wants to start integrating in the world of syndication, and avoid some of the mistakes that a lot of people make going that path?
What are some of the deal types that you guys are presenting and bringing to your community?
What do you see on multi-family deals that are coming across your plate, and some of the ones you are investing in?
Talk about the average deals, size, IRRs, and some of the buy-criteria that you’re looking for in terms of a deal you invest in?
Talk a little bit about Spark Rental, what is it, who’s that for, and what’s tradition there?
In This Episode, You Will Learn:
Why Brian hates being a landlord.
Investing real estate with lesser capital.
How to live your ideal lifestyle without actually being financially independent.
Quotes:
“Part of being in business is solving problems.”
Connect with Brian Davis on:
https://sparkrental.com/free-class-passive-real-estate-syndications/
https://www.linkedin.com/in/g-brian-davis-ab3a4b20/?originalSubdomain=br
Sponsor Links:
Indochino: Get 10% off of any purchase on $399 or more with the promo code: MINDCAST
BetterHelp: Click the link to get 10% off your first month or use the promo code: MINDCAST
Factor75: Use the code MINDCAST50 to get 50% off your FIRST box!
Brevo: Visit https://brevo.com/mindcast or Use the code MINDCAST and get 50% off your first 3 months!
Accredited Investor List - Text "DEALS" to 844.447.1555
Free Financial Audit: Text "XRAY" to 844.447.1555
Upcoming Events: Text "Events" to 844.447.1555
Millionaire Notes: Text "Notes" to 844.447.1555
Connect with Matty A. and Text me to 844.447.1555
Show Brought To You By: www.MillionaireMindcast.com
Questions? Comments? Do you have a success story you would like to share on the show?
Send us an email to: [email protected]
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So it's a good way to just get started in syndication investing with smaller amounts per deal. |
| 0:05.9 | Because when you can invest less money per deal, even if you have all the money in the world, |
| 0:10.8 | it makes it a lot easier to diversify your portfolio. |
| 0:26.7 | Well, I'm excited to welcome to the show, Brian Davis of Spark Rental. |
| 0:27.3 | How are we doing, man? |
| 0:28.6 | I'm doing great. |
| 0:29.4 | Matt, thanks for having me. |
| 0:34.9 | An expat living all around the world, all because of real estate investing. |
| 0:37.6 | I know a lot of people are going to be interested in that. |
| 0:43.4 | For those who don't know who you are, Brian, and kind of what your journey has consisted of, |
| 0:47.9 | just take us back a little bit and give us some insights on what it looks like from where you started to where you're at today. Sure. So, you know, I graduated college with two degrees that were not related to anything. |
| 0:55.8 | You know, I had a degree in psychology and a degree in criminal justice, and I had no idea what I wanted to do. |
| 1:00.8 | And I fell into a job working for a mortgage lender. And, you know, just because my stepdad happened to be friendly with one of the owners there. |
| 1:09.9 | And I ended up working with the two owners |
| 1:12.4 | of this company on some of their private hard money loans and working with mostly flippers |
| 1:17.9 | and, you know, people doing the burrow method, you know, buying fixer uppers and and renovating |
| 1:23.7 | them and then refinancing them. So at the very start of my career, I was working with investors. |
| 1:29.7 | I was back in the odds where everyone was making money hand over fist in real estate. |
| 1:34.7 | And I was like, I mean, these guys are making all this money. |
| 1:37.4 | And, you know, I'm smarter than them. |
| 1:38.9 | I can do this. |
| 1:40.7 | So I went out and I plowed a whole bunch of money into these deals and then probably lost my shirt when 2008 came along and the markets tanked. |
... |
Transcript will be available on the free plan in -656 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Matt Aitchison Media, Inc, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Matt Aitchison Media, Inc and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.