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What you’ll learn in just 17 minutes from today’s episode:
  • What important steps you need to consider when doing real estate business in other countries
  • Discover the effective strategy of taking action and adding value for greater real estate deal success
  • Get the great lessons and strategies John inherited from his real estate mogul grandfather who pioneered their family’s real estate empire

 

Resources/Links

Summary

John Carney is a highly-­respected Thought Leader in the Real Estate Investing realm. As a third-generation property investor/developer he has achieved (and continues to build upon) his own wealth creation and lifestyle freedom. His property deals in the US, Australia and Indonesia have allowed him to amass generous profits and have gained him some very comprehensive international experience. A published author and sought-after international keynote speaker, John’s popular presentation and book, “Real Estate is a Team Sport. The Nine Players You Need to Profit”, outlines the steps to become a smarter, more profitable property investor.

Today on the Property Profits Real Estate Podcast, learn the lessons John obtained from his grandfather who steered the family’s real estate empire all the way down to third-generation descendants, find out his hard-earned lessons as well as learn from his costly mistakes so that you can avoid them yourself, while you dig into his successful investment ideas and strategies.

Topics Covered:

00:57 – On being a third-generation real estate investor

02:04 – A real estate business that started from the kitchen table and reaching far out all cities in the US, to Australia and Indonesia

04:37 – Business deals he’s doing in Indonesia

06:56 – The need to do the steps you are supposed to take especially when in a foreign country

08:58 – How his grandfather started the real estate empire and lessons learned from him.

12:04 – Talking about his book entitled: “10,000 Miles to the American Dream: Our Story of Financial Freedom” 

14:52 – Mistakes often committed by newbie real estate investors

19:17 –  Why you should take action and donate your time and energy

Key Takeaways:

“You gotta start somewhere. You can’t start with the 10,000 door to hard portfolio. I know some of those people and I’ve interviewed them and that’s the story. They didn’t, whether they’re investment bankers or not, commercial builders or not, they’ve been doing this for a long time. And then they’ve just leveraged their professional career to expand their real estate businesses.” – John Carney

“I mean, take the action. If you show up and donate your time and effort, tiime and energy are like the two most valuable resources that anyone have that are big for me. Cause I like to be efficient with my time and energy. But if someone’s willing to help out you’re going to go somewhere.” – John Carney

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