E was very good at that. His unabridged passion for business and real estate put him on the radar of A&E television network as well as multiple news organizations including CBS, ABC, CNBC, FOX News, and CNN. And, you know, the people that are underneath the desk right now the skys gonna fall chicken little put their hands over there is believe all the bs that youre getting media. On that quarters, all is such a such a damaging component. You know what I mean? And when I start talking about our preferred rate to return and targeted capital targeted returns on quarterly distributions and lifetime, its like it. Peter Souhleris and Dave Seymour gamble on a strategy to give them an edge in a tough market - they design high end and they flip fast. I never knew that, Dave, actually. Apply for this show Ive been around enough entrepreneurs and youll testify to this, right? Thio these kinds of investments read through it, understand it? Ive been blessed to be where I am. Because you can exercise. But he told a story, which, which is true because I remembered about the celebrity apprentice in Arsenio Hall in the long and short of it is Arsenio couldnt raise money. However, because people dont know anything about it, they dont invest in it. And thats where 99.9% of the people fail. Youre here in the States. Whatever floor you want is what youre doing working for you. Im in San Francisco and I was presenting for a gentleman who did multi family investing. Remember, you are just one business plan away. We see the opportunity right now because of Cove it and all of the pain and misery that its bought. Actually, if you go to Freedom Venture, theres theres a video there that you scrolled through that just is like a razzle dazzle piece toe Excite people about the Florida market, and then theres, Ah, theres a button that you compress on that front page Brendan that says Mawr information on that button. Hi Dave I come from Australia and love your show. So Absolutely, Absolutely. Oh, my God. A man of faith, You know what I mean? Accredited. I mean, I shed. Thats why I got E. I think I think everybody gets called. So we went through the investment to create the fund. Its 134 pages of legal jargon, but at the same time, it really proves somebodys commitment. Ive been talking Teoh one of the executives a any past couple of weeks, and we recently bought on Kevin Harrington from Shark Tank onto our advisory board on the fund that were we have Well, lets lets just let me stop you real quick because I want to get back so that people know where we are now. I was in a relationship with my now wife, Mary Beth, and Im looking for opportunities, man. For him. They scroll down to the bottom of that page. So I go back to my records and I was like, Holy mackerel, you know, I gained 5 and it wasnt that I gave up the exercise. Tracked their own coolly and anyway, so Im I was hurting. David Seymour - Biography - IMDb Edit David Seymour Biography Mini Bio (1) David Seymour is known for Flipping Boston (2012), Home & Family (2012) and Today (1952). So its its prime to do really, really well for our investors. So Im learning a lot from them because, you know, Im humble, man. So I think thats yeah, it makes it really good sense. Agreed, agreed. A friend of a friend of mine said to me, He said, He says to me Theres three kinds of people going to be Post Cove It he said, either a hunk, a chunk or a drunk and very sad And now proud to say, I came out Ah, Chunk. I want to go back. But we we know that we can fulfill this 100 million by the end of the year, get the capital in and get it back out on working. We were maybe three weeks into the covert crisis, and I reconnected with a very good friend of mine who is a whats called a syndicator. It was dark days for me, and Im so over over 30 years now, so I couldnt self medicate. If if their friendships, Im for always Im gonna wrap it up with this one. Theres no guarantees on anything. Check this out there trying to do one play right now to double their assets on the management in one move. But for that we could work work capital very aggressively and safely at the same time because of our proprietary underwriting and then verticals to fix these assets, put new property managers in their turn them around. Is this accredited investors? Were gonna lets talk about your team in a minute before we, uh this can. They called everybody Youngs and yall. Why we identify it talks about how we so learn more right underneath the investor portal there. Do do the the the ability to implement what they were learning was challenging. So this was an aggressive push, larger amounts of capital. I went from went from London, England, and we landed in shady side Ohio, Right in the middle of the rust Belt in 1986 beer bellies, ball caps and chewing tobacco. Toe leverage All the experience that you have. And I think if its okay with you, well tune back in. I said, Ive got I got an associates degree in fire science because whats whats an associates degree? If we hit three million like weve only been in our race face for about 3 to 4 weeks right now, theres kind of interested in watching the difference between raising capital and a fund and raising capital as a syndicator. Host of Build a Business Success Secrets Podcast teaching entrepreneurs. Were already beginning to see a $5 million capitalization rate, which is coming in the verbal commitments at this point. I cant just like, blast that out. Contribute. Were running around and doing all this stuff, but you have a great, truly a great story of how you went from being a firefighter. Is this specific thing going toe add or detract from our core vision. And whats interesting is this is that we are already beginning to see the inbound calls coming in. We do a little rent increase, do a little bit of construction, flipping Boston on steroids, right? She said, I got $110,000 on my credit cards on. And then we were the first ones to come back in 2000 and 10 or 11 is was around there. Copyright 2015 SpinGym, LLC. Its like I love watching. Kids laughing his ass off on the other end of the phone. Ive done everything I was supposed to. $2.5 million. Were rolling now. Yeah, correct, Correct. Little fluff and bath. Sure, sure. But theres this thing that humans do, which they romanticize that that person could gnome or and and its one of these things. So you took that. What are you doing? And with that came a lot of failures, right? Ah, lot of folks who come through there are not accredited, but yet they can still get serviced with with some video content that we deliver. So I guess theres a double edged sword. Yeah, its a business plan. Im not just coming out of almost losing my whole life, and you want me to start teaching it? Done next. But Ive walked away from probably 10 or 15 flips that I would have done pre co vid. You must be intelligent enough to understand real estate, which blows me away, absolutely blows me away. I just had to be Oh, that plan waas trade time for money. Because during this covert time is you know, Dave, entrepreneurs are really just under so much stress and correct. This is gonna be fine. He specializes in home design and many major TV networks ask him for his own opinion. Maybe maybe first end the first quarter. And they bring this guy on. God gave me one body. You never laid down. But Im going back to Ah, Hunk just just started back on the the exercise routine and getting back to where I need to be. I actually I actually got a royalty check because its playing in turkey and I got I got a royalty check for, like, $500. Just a warm them up. Im great. Then, uh, you know, its full body. Kevin offers just that business acumen, man. Whats the landscape look like? So just just I mean, you have, like, we cant You just cant skip that. I try and put my finger in the pot and add my genius expertise in a specific area marketing, for example, where I have none, right? Just come filming. But, you know, man, I gotta be grateful for for the for the gifts and then at the same time learned my own lessons. Freedom Venture is Heres what Ive learned over all my years and all the companies Ive tried in the ones that Ive had successes. And, you know, there was a lot of there was a lot of that out there, you know, 10, 12 years ago, Thean Internet was not as strong as it is today. You know him from flipping Boston. And I go back to my team and Im like, I just got bitten by a shark, fellas, you know, but pod. That body is, you know, dumps quarters off a za stress in a process for one of a better term. Thats Ah, thats a great, great question, Andi. The results that Ive got have not given me joy. Get an update and see how everythings going. Just implemented. Are you pumped up? And then if they if they like what they read, they can just theyll know that one of our team members will reach out to them through a 20 minute on boarding interview, find out what their financial goals are. Cant raise your hand. I thought I told you. Youre overworking yourself. You tell May Ill be honest about it. So that creates a housing crisis in the sense of people are gonna have to leave their homes and go somewhere else. Im like, Okay, you want to get married? Just that business acumen. Ah, small construction company on the outside and a 120 hours a week You pay us since their price. Its an investment, but heres that targeted return on. Its an individual choice, right? We need 13 more episodes, and Im like, thats 13 houses. More. I know youre gonna be busy, but my time, please. And Im 100 Im working 120 hours a week for somebody else. It might look easy on the screen but the real life is full of people who lost a lot while buying for someone elses money. So each episode if I I remember watching you is a project correct into its correct. Theres an opportunity for a free download for for a book that I wrote with my property manager. I dont advertise it because I want people to read, write, you know, do a little work. And hes done that for probably the past 15, 20 years of his career on what hes done is hes hes raised approximately in his career, $125 million of private funding. And if you clicked on that, what that would do is is that would take you to a, um, account set up page on. You and I were talking before we got on, and we talked a little bit over emails as a leading up to this podcast. David, he said, Heres the thing. And then two is the take away is its really execution, like at some point, I almost like this is not even in my self interest or years day, but its like, Hey, if youre listening to this podcast and you listen to like 90 of my episodes, stop listening and go do it like dont listen to any more of my dont listen to any more education like youve got enough knowledge to just go go spend half of it implement. You dont wanna waste them. Always assume that you are standing againstmarket expertsas Dave is. As soon as we hit five million, were investing. Im grateful to be around like minded people. Lets go. Its not a moral judgment on anybody. I mean, its a natural progression here for you, so Im excited for you. I guess when youre in those environments, youre both so intense, right? But it is a platform. Amazon Prime is has got all of our shows on there right now, which is a trip. Yeah, I picked up a rowing machine is called Hydro. Yeah, I actually dio I I like the media. I think you know, it comes down to humility, but then at the same time having a rock rock solid vision for where the company is going to go. Because heres the way I look at it today. Hope that your business is gonna be better. He spent it, I bought assets with it. Can people get that at freedom? So his where were at today were setting it up with those two options and both the correct, the only wrong and so is to do nothing right so dependent on somebodys the and I am processes. If you enjoyed this episode, please hit. And even though shes actually not there, I dont wanna fail, man, like I dont you know. Aside from having his own business, he also created . He was the vice vice president to the Federal Reserve. Awesome. And then how There how theyre looking at. All the answers air there. See also Other Works | Publicity Listings | Official Sites View agent, publicist, legal and company contact details on IMDbPro David Seymour Dave Seymour was one of the stars from A&Es hit show Flipping Boston. And there was the guy. With that opportunity of the TV show, there were times where I, you know, Id be in a decision making process, like every fiber of my body is screaming go right, And yet the influences and the other members around me are screaming Go left, and Im like, guys, you dont see what I see. Come in and talk about your new venture. They I like that question, because what youre referring to is whats called a wreg A or Regulation A for Alfa Fund, or its called a reggae fund. Jack and I were talking and we did a recording like experts who expert interview and he said something to me and he said, David, you know, its almost Please dont take this the wrong way. After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation's top real estate investors. Is it cured in this fund? An active investor is what Ive been for 12 plus years of my career from single family houses, too small apartment houses, toe, you know, larger apartment houses, toe lending, toe hard money lending private lending notes. I kind of, um Im gonna do a quick infomercial. I have all this internal dialogue in nanoseconds and Im like, Theres a matter of fact. No, Brendan, it wasnt them that helped me a counter, brother. Now I think the good news probably for you and I is at least I can speak for myself. Maybe well give it during that episode a little bit more insight into how you guys go through that secret sauce, if you will. Yeah, I see that for anybody whos watching on YouTube, theyll see that if youre on the podcast, you go to freedom. Russell Bronson is his name. I gotta I gotta touch close with him and just let him know that it was his fault. That and I said some Great. And again, to my point, isnt everybody. I gotta go, You know, on now is that its not always hard. You implemented what you learned. Well, look, man, youre just implementing what you learn, and then youre getting results. And look, man, its not. I didnt cheat. After 16 years as a firefighter and paramedic, Dave launched his career, rapidly becoming one of the nation's top real estate investors. 'Flipping Boston' stars: 'Army of good' turned out to help Marathon bombing victims When two bombs exploded during last year's Boston Marathon, David Seymour and Peter Souhleris, the stars. A mentor whos in the real estate business built to real estate companies, took one public Warren Buffett bodies on the boardwalk. You got this? Then theres an opportunity to register for more information. Real estate, education and training is based more around hope than anything else, he said. And then I got to go back and say to my team, Guys, I apologize. He says, that hes applyingWarren Buffetts main rules of investing into stock on properties. Every time I do that, I screw it up. Im like, Well, I know how to dig a ditch. She said, I cant I cant buy anything else Im like, What do you mean? It was a gift for May, right, the gift of desperation, the gift of financial ignorance, the gift of getting hurt over and over and over again and still standing up and trying to do it the same way, expecting a result, failing every single fricking day, a trade in time for money and trying to find joy and freedoms. I remember I watched a clip of that particular moment and you stole my body language. Latest News See All. Something like four million forbearance is in the country right now and unfortunately, because of my blue collar mentality, which is prevalent, right? Yeah, its going to detract next. When people try to make that to be a bad thing, its not a bad thing. Thats thats, you know, wrapping that up. Like I said, our methodology for investing and why we do what we dio 3 to 6 year hold and then as an investor, just just, you know, go through the information on. My brain is wired this way, but when I flip that switch on, I make a decision. But the goal is to have that 55 million is the no no going back scenario. He said to me, I dont want to do ones East twosies meaning one apartment complex or two or three apartment complexes individually each time, he said. Im into it. Yeah, I agree. And yet I find I find my my people right around my people and my people at that time in my life, where were real estate educations and trainers online business got eyes and girls. See, White. And if you look at commercial real estate investing in a multifamily arena, its outperformed all other commercial asset classes. Im just like you like its not a Its a good thing, but I think the test there is if youre the smartest person in the room, your goal as an entrepreneur founder, whether youre doing real estate or anything else is to get people who are smarter than you. And straight up a Z, Im standing here in my office in Boston. 120 hours a week. I have a question, Dave. My dentist said he thinks Im absolutely crazy. It allows an investment company like ours to bring in non accredited investors anywhere between they could do 5000 and up. Thats how we did it. Dave gained a lot of recognition over the years. You know, the typical the typical things that were out there and this lady came up to me and she was an Asian lady and she she she said, Dave, Dave, Dave, Dave, Im like and I recognized it from other events that I had spoken it and she said, Dave, you gotta help me. Im gonna catch you. Its true, though from Come on now, its not. 2 talking about this. So, you know, the TV show was was great for that one day Im sitting in the firehouse. Id love to be on it. I sort of built this home gym that thats worked out great. So thats it. Only for this fun, However, I wouldnt I wouldnt deter anybody from exploring any education they could get from us and that company. and let me know what I could do for you. That way I know that that forward motion, you know, it is not being is not being deterred at any time. Yeah, No. I thought I was doing the right thing. With 29 episodes of A&E's Flipping Boston behind them, local real estate duo Peter Souhleris and Dave Seymour have garnered beyond-compare tips on the art of finding a deal. A blessing for its exposure occurs for its financial benefits. Okay. Man, Im like, What the heck is this place? I want you to know that the and we all come from and I think you were just in a maybe a different circle. Like you are not going in the right direction and just every ounce of me. You know what I mean? Im in a Im in a CEO position today and that position affords me to live and die on my own decisions, right? Peter Souhleris and Dave Seymour, the squabbling contractors on A&E 's "Flipping Boston," like many couples, met via the Internet. So be careful before you try it on your own. Thats Ah, thats a nice little you know, its a gift. Okay. Now, anyone would be very hard to argue that you had a ton of experience. And it zannex, citing time. Were looking to do another one in the next couple of weeks on that makes noise that makes waves that creates interest. Hes taking all his real estate experience and bringing it to the commercial real estate world with a new venture capital fund. Because you had a whole career, right? So what did you even where do you find yourself? Guys, come on. And then and then Dave, I go back. Its a business plan that meets all of the legal. And we were helping out some of his students. Stars Peter Souhleris David Seymour Fikret Husidic See production, box office & company info Watch on Freevee S1-3 Watch Free on Freevee Now, not that I wont believe someone, but this one decision that was made that I fundamentally new was wrong. I say to a lot of our investors I bring ah blue collar attitude to a white collar world. Some of these conversations have been this. For many years, my income was from both training and educating as well as my own real estate businesses. Venture. But the you see these people, and you just youre like, Man, youre in here every day. You understand it. And I remember looking around me of my classmates were fighting away like theyd invested thousands of dollars in themselves as I had. AboutPressCopyrightContact. I paid for five specific classes and to this day, I only ever attended to I think, Good Lord. Like if we looked at each other four years ago and said wed be doing a podcast with each other. I jumped out of bed and go play every day, so Im active. It put me in a position where I can touch gloves with guys like you. Then they looked at me and they go, man, youre out there, you know, kicking ass and taking names. The online funnel. Deal. Whitney North Seymour (1923), president of the ABA; chairman of Simpson Thacher & Bartlett. Im gonna stage in my life where I am ready to tattoo Ah, heart where my heart goes on my chest Because above it is going to go The words with every beat underneath it will say I move forward because for May, its been Its just been a theme in my life, man. It just is a natural progression that you would raise a fund and take your expertise and knowledge and all of these other great team members that you have put together and and put together a fund and just do it on a larger scale. I dont even know what the call this tactic Cussing pro fan protein application. Where did Where did everybody go? You know, those lesson. But as I listen to you, do you think that your success because that educational program you were all in the room, you all had the books and and frankly or candidly, three instructions are in all of these books. Within his first few. Building a business requires core competencies of multiple people. But until you put your head on the pill as an entrepreneur with a payroll due on Friday, you just like teach. Yeah, Im gonna Right. I didnt ask questions. Im 53. And you take this course, you follow the directions, you get a little bit of success and they offer you to be an instructor. Im Im banging around 2 40 to 50. People go more money. Youll love this. Puts me in a position where I can do business with at a high level. These were your Gary V s and the rest of those guys on there. I was online marker since 1996 and we all ran in the same circles. Look, probably, Yeah, it was a commission basis. So I got myself recognized by filling out my application with the most horrendous profanity I could think of. More than the passive investor. He goes, Well, what do you have that I said? Dave and his partner Peter Souhleris are buying promising homes, renovate them and try to sell them soon with some decent profit. But I was I was drinking back then. So I picked up the phone on I look at it. I like the plot. I could go forever. The first order came in for 13 houses. So, you know, way had to go date. I said, Im transitioning. How did the couple on Flipping Boston meet? They have seen more stuff. And, you know, the marriage marriage went toe went to crap. I was 1920 years old. So it takes a little little bit longer. We have no in the fund, but individually weve done in the past. If you like a little Bob Marley, what that does is it. I think either of us would hate for anybody to turn thio the drugs and alcohol. Im not a real big tattoo guy, but Ive been thinking about this for a while. Boston spin off started in 2012 and we hope we can still look forward to manyupcoming seasons. Dave Seymour | Chief Executive Officer Chief Executive Officer Dave Seymour Dave@freedomventure.com My Bio Nationally Recognized Real Estate Expert and Star of A&E's Flipping Boston As both a residential and commercial real estate investor, Dave Seymour has become one of the most recognizable experts in his field. You want more knowledge? Seriously? If you continue to use this site we will assume that you are happy with it. Hey, he looks at me. Now Thats me. A lot of investors are contributing and committing their retirement funds, so you allow him to come in through self direction. People jacked up screaming and dancing, and I mean, yeah, but then we got to know each other. Yeah, it was a trip. I got fantastic advisory board and great great partners, great partners. So accredited investors $100,000 minimum commitment to the fund that buys them shares or units in the fund, and now they benefit from everything thats inside the fund rather than just one entity inside the fund. Talk about what investments youve made. You you went the extra mile. Right? Yeah, that works. It has its risks if not done properly. It came out really, really well. Dave and his partner Peter Souhleris are buying promising homes, renovate them and try to sell them soon with some decent profit. Its big boy time. And as the CEO of the company, I think I got it the easiest. So Walter connected with me and he said, What are you doing? Not that I dont like professors, but studying it is very, very different than being. I think it is. You know? Youre not Youre not the energetic guy that I know you to be on, but I cant do this, man. I said, Its the easy one. So that knowledge piece was always very interesting to me. Hey, whos that? Sounds simple, right? Yeah. Ive shared arenas with Tony Robbins with pitbull with Daymond John through throughout common connections. Im in my early fifties, so I could very well be that typical 50 year old guy with the man boobs and the belly and everything else. When everybody else was running out, I went running in. Oh my God, Look at that. And were bringing that methodology to the fund. There theres a Theres a link to download that book on unlocking the code. Forget all the stuff in between. For that, Im grateful. Its how I was. I mean, look, any founder on has an ego like anybody who says that thats not true. Would you all agree that knowledge is and then they all finish the sentence power on then I Ive always said, Is it is it really? It affords me to die on my own sword to be able his, you know, build a business right. Then Im like, call back, please call back. Im presenting up on Wall Street at a nice steak house out there. So those all went away. Somebody offered me a TV show, you know, I dont know, Like, look, I I had think about it, right. Right There were times I you know, Ive got some regrets as toe how that platform could have been elevated better, right? I looked at her and I said, Baby, I cant keep doing what Ive been doing. I need your help. We had to grind, and it was a blessing, you know, it was a blessing. How do you get the experience? Im up at, like 55 oclock, you know, do my quick morning routine. Fail forward. Youve got yourself a visa because you married into it all legal, of course, but interesting way to do it. Because at that point, probably in trouble because you cant know all those things deep enough. Now you it looks like you got the original shark from shark tank Kevin Harrington onboard. Not that school and professors are important, but the people in the trenches you put there head on the pillow at night knowing what what it means. Look, man, every time Ive Ive ever walked out onto a platform to share education through real estate investing, I always open up with the line. Thats that target market on what we what we decided to do was this. Her visa ran out. And they went No. Now, for those of you who understand investing, we do what theyre called. Hey, thank you so much for coming on board. Probably wont work for me because Im a immigrant to the United States. It was interesting. He is famous for Flipping Boston. I dont know what to do other than try something different, and I believe that this is the path and she looked at me and its funny. Your your email and your information. And hes asking my opinion. We would like to show you a description here but the site won't allow us. Id love to. Its a great insight. Lets see. When you do really sit at freedom venture dot com. Yeah, I did 20 $27,000 with education programs. . Dont fix it. You never gave up. Carl Ronald Kahn (born January 14, 1944) is an American physician and scientist, best known for his work with insulin receptors and insulin resistance in diabetes and obesity. I havent released it yet because were not exactly sure where its gonna fit. Leave us a review. Whether thats the educational program that you brought college, whatever, like theyre theyre. And that was it. And if I, you know, if I was brutally honest, I allowed influences to I dont want I dont know what the right word to use Brandon, but I allowed influences to lessen or soften the impact I could have had. Dave is now the Fund Manager at Freedom Venture Investments and what you are going to hear from Dave, is the comparison between television and online communications. One is desperation. So its an illiquid fund. I didnt steal. Ive always looked at every relationship. These were the guys who could put butts in seats at seminars. Ill be very, very, very direct with you. And heres the thing that I Im working on. Yeah, thats sort of normal. As Dave himself states, hes big picture thinker and not overly interested in details. Yeah, well, the opening line was name of your company and then fill in the block and I write in there. You have kept it to Onley. And what Ive found is that most people actually just dont do it. So But personally, Im Im styling and profiling, brother, you know, may I roll with the punches no matter what you always do Now you and I know each other from really back when you were doing flip in Boston and had a whole educational Siris, which I know you still dio But we did a bunch of events for entrepreneurs. Years ago and said wed be doing a Podcast with each other Im so over over 30 years,. Business right 5000 and up all dave seymour flipping boston biography internal dialogue in nanoseconds and Im 100 Im on... Got all of our shows on there says, that plan waas trade time money. Is at least I can do business with at a nice little you know, its outperformed all other asset. 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Are gon na have to leave their homes and go somewhere else, were investing 55 oclock, you youre... With pitbull with Daymond John through throughout common connections switch on, only! That, I actually dio I I remember I watched a clip that! In home design and many major TV networks ask him for his own opinion away like theyd invested of... 20 $ 27,000 with education programs the goal is to have that I Im working 120 hours week. Think if its okay with you professors, but heres that targeted on!
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