Episode 75

full
Published on:

2nd Nov 2021

My Ridiculous $2,000 Real Estate Investment

Click Here to Get All Podcast Show Notes!

What would you do if you spotted a good investment opportunity but didn't have enough cash? Do you just let it go? In this week's short episode, you get to hear the story of Sharran's very first real estate investment and the lesson he learned from that experience. Some might say it's foolish to bury yourself in credit card debt to finance a purchase, but the story turns out to be different for Sharran. Tune in to the podcast to hear the full story of how Sharran started to build his real estate empire. 

If you would like to invest with Sharran's deals and be included in their priority list, put "Podcast Deal" in the subject line and email helen@sharran.com.

 “If you could create pockets of liquidity regardless where they come from, you can do some amazing things.” 

- Sharran Srivatsaa

Timestamps:

00:00 A quick story on how to invest in real estate without experience

02:59 The letter in the mail that allowed Sharran to buy the $99K property

05:13 What Sharran did after the grace period on the initial credit card debt

06:02 Selling the property for $110K and learning the lesson well 

06:40 Discover unconventional ways to create liquidity

Resources:

- Rich Dad Poor Dad by Robert Kiyosaki

- Grab Sharran’s 4-Week MBA for Free

 Connect with Sharran:

- Website

- LinkedIn

- Facebook

- Instagram

Listen for free

Show artwork for Business School with Sharran Srivatsaa

About the Podcast

Business School with Sharran Srivatsaa
Business School is hosted by Sharran Srivatsaa, President of Real (TSX: REAX) (NASDAQ: REAX), the fastest-growing, publicly-traded, real estate brokerage in the world. Sharran grew Teles Properties by 10x in 5 years to $3.4 Billion in sales and eventually sold the business to Douglas Elliman. Sharran is also an accomplished “deal guy” and private equity investor. He is the Chairman of private equity firm Highland Prime which focuses on investing in service-businesses and also the Chairman of ARC Multifamily Group which focuses on value-add multifamily investment projects.

Sharran is a former Goldman Sachs and Credit Suisse banker and a sought after keynote speaker and is the creator of the wildly-popular 5am Club call for Entrepreneurs.

On this podcast, Sharran shares his best secrets on how to grow your business strategically, how to build your brand elegantly, most importantly integrate the profits in your business with an overall joyful life.

For more free resources visit Sharran.com

About your host

Profile picture for Sharran Srivatsaa

Sharran Srivatsaa

Sharran is a serial entrepreneur, sought after keynote speaker, and a respected thought-leadership resource for publications such as the Wall Street Journal, SUCCESS magazine, Huffington Post and Forbes.

While Sharran has had 5 exits in the last 19 years, and also a several humbling failed investments and business initiatives. He talks all about them on his top rated Spotify podcast, Business School.

Most recently, Sharran led Teles Properties’ unprecedented 10x growth over 5 years and a 4-year consecutive streak on the Inc. 500 fastest growing companies list resulting in its acquisition by national real estate powerhouse Douglas Elliman.

Prior to Teles, Sharran worked at both Goldman Sachs and Credit Suisse, where he collaborated with management teams of fast-growing businesses around the country on investment advisory and corporate strategy. Sharran also spent several years building recreational programs in the Caribbean, Middle East, and Hawaii for some of the finest international resorts such as the Four Seasons and Ritz-Carlton, also has deep experience working with technology companies such as Lightera (acquired by CIENA) and Obopay, a fast-growth mobile payments company.

Sharran is a Principal at Srilo Ventures, a multi-factor private investment fund that focuses investing in and advising technology companies and operating businesses in the consumer space. Having successfully completed many acquisitions, joint-ventures, management buyouts, mergers, and capital raises, Sharran serves as a director and advisor on numerous company boards.

He is also a member of the Genius Network, the highest-level marketing mastermind in the world led by whizkid Joe Polish, and also a member of Young President’s Organization (YPO).

After competing on the professional tennis tour, Sharran received his Bachelor’s degree in Computer Science from Luther College and his MBA with Honors from Vanderbilt University.