Ep. 4 How to Raise 6 Million Dollars in 30 Days with Josh Ferrari
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It is no easy feat to get into real estate
investing, let alone succeeding in it. And with the different ways
you can go about it, investing can get confusing quickly. Take
capital-raising, for instance. Not every potential investor is going
to throw money at you, given how rampant scams are nowadays. And
earning their trust isn’t the only thing you need to do when
turning potential investors into passive business partners. Luckily,
on this episode of Wealth Science, we have someone who has taken the
capital-raising space by storm and has no intention of looking back.
Today, Josh Ferrari helps us understand how social media can
dramatically impact capital-raising, why having a vivid vision is
essential for any entrepreneur, and how we can combat skepticism
among potential investors.
Also,
tune in to why investors look for authenticity and relatability in
this episode of Wealth Science with guest Josh Ferrari!
Why
People Invest in Authenticity
Studies
have proven that most people buy on emotion and justify it with logic
later. For instance, when someone goes into a conversation, they
connect with the other person before anything else. After all, we
don’t get excited by how much money the other person makes.
Instead, we care about why we work towards making that much money. In
Josh’s case, when someone is reaching out to invest in their
portal, he always makes sure to have a conversation with them first
before accepting their money. He would ask them about who they are,
where they’re from, and eventually what they are looking for in an
investment. But to his surprise, most of them don’t know what
they’re looking for.
And
so, Josh helps educate them along the process, and when the
opportunity comes up for both him and the investor, he reaches out to
them and gets them on the deal. However, he wouldn’t have succeeded
in turning them from aspiring investors to actual ones if it weren’t
for his authenticity and his want for authenticity back. And as
cliche, as it may sound, a lot of people’s success nowadays can be
attributed to their willingness to be authentic. Ultimately, we are
drawn to what we can relate to, hence why building investor relations
for raising capital is no different from any other relationship. In
the end, mutual authenticity is always an excellent foundation for
any business partnership to thrive on.
Listen
as Josh talks more about building investor relations as a capital
raiser in this episode of Wealth Science!
About
Josh Ferrari:
Josh
Ferrari specializes in raising private capital, acquiring value-add
multifamily assets, and teaching others how to follow in my
footsteps. Josh has grown to have a passion like no other for
multifamily real estate. His journey started over three years ago
when he bought my first multifamily property, a fourplex. This
experience honed his skills in managing contractors, subcontractors,
and materials for multi-unit rehabilitations.
Josh
has been a licensed Aircraft Technician for the last four years. The
job of an Aircraft Technician is fun, and it requires meticulous
attention to detail for the safety of the flight crew. His attention
to detail allows him to be the expert needed to run these types of
assets. Not only that but, his ability to manage other people’s
money as a financial coach positions him to be a high-class asset
manager and financial investor. Currently, Josh has over $13M AUM,
equating to 239 units in his portfolio.
Outline
of the Episode:
[02:09]
How it all started for Josh Ferrari.
[05:30]
Going headfirst into the real estate industry.
[07:05]
Why you as an investor should have a vivid vision.
[09:07]
How Josh came across his “vivid vision” and manifested it.
[12:28]
The value of a team working together towards the same goal.
[15:51]
His first experience with capital raising and investor relations.
[22:13]
The power of using social media as a capital raiser.
[24:31]
Why investors look for authenticity and relatability.
[28:54]
Self-educate and set goals before investing in real estate.
[31:49]
What passive investors should know before partnering up.
[36:26]
How to combat skepticism among potential investors.
[40:29]
Crushing limiting belief and taking that leap of faith.
[44:50]
What a perfect life looks like for Josh Ferrari.
Resources:
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