EP57: Peeling Back the Layers of a First Deal with Charles Seaman
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Explore the complexities involved in property acquisition through this insightful conversation with Charles Seaman as he shares his experience of successfully closing a significant deal. Gain valuable insights and experience-based tips on the details accompanying the acquisition and operation of such property by tuning in!
Key takeaways to listen for
- Seller calls: What it is and how it influences deal outcomes
- The process of structuring a deal and challenges when raising capital
- Crucial role of effective marketing strategies and teamwork in real estate
- How to build credibility through time and content on social media
- A rental practice involving a non-refundable "risk fee" charged to tenants
- Profit splits and cash flow in a multifamily property deal
Resources mentioned in this episode
- Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
- Retire Young Retire Rich by Robert T. Kiyosaki | Kindle, Paperback, and Hardcover
About Charles Seaman
Charles resides in Charlotte, NC, and serves as a managing partner for Cash Flow Champs. He is responsible for building and maintaining broker relationships and performing and overseeing the company’s underwriting activities. He’s also involved with contract negotiation and capital raising to make sure that the deals close, remaining involved after closing to manage the assets so that they perform in a manner that provides investors with exceptional returns.
He has 14 years of prior experience working for a commercial real estate investor in NYC. During this time, he assisted the investor with acquiring deals, obtaining financing for them, and managing and leasing them after the deals were closed. While there, he also assisted the investor with the management of numerous other businesses that he owned, including a plumbing company and several bars and restaurants.
Connect with Charles
- Website: Cash Flow Champs
- Email: charles@cashflowcamps.com
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