Episode 229: Doing Mega Deals

Mr. Hector Padilla is the President & CEO of a Real Estate Acquisition & Investment Firm in Los Angeles. He focuses on investments of $1M to $25M. He is a real estate entrepreneur and has been a principal investor in commercial property, luxury homes, motels, apartment buildings & commercial land. As a principal, Mr. Padilla has closed on over $86,097,000 worth of real estate. He has created Time Freedom & Financial Freedom by owning & operating his own real estate portfolio. Hector travels the globe with his wife, 3 year old daughter, parents & traveling home manager. He has made all his dreams come true from driving a Rolls Royce, living in the Hollywood Hills in a multimillion dollar home, owning a beachfront vacation home, marrying his dream woman, owning his own business, and earning the title of Self-Made Millionaire at 29, Multi-Millionaire at 30, and now Mega Millionaire. What you’ll learn about in this episode: How Hector Padilla learned at a young age to make more money doing less work, and how he has brought that lesson forward into his real estate investing career How Hector uses his career highs and lows as valuable lessons for his mentorship students, and why he’s so selective about who he mentors Why the value of a mentorship isn’t measured by the money you make, but by the money you don’t lose How to use GRM (Gross Rent Multiplier) to quickly evaluate a rental property and determine its market value Why you should be using the power of cash-out refinance and 1031 exchange to make tax-free profit Hector’s powerful PIG (Passive Income Generator) Methodology and how it can help you reap passive income while avoiding capital gains The secrets Hector believes are key for finding happiness through helping others, and his definition of success in business and in life How Hector turned breakfast with a billionaire into his insightful “Billionaire Napkin Secrets,” and how you can get access to the knowledge he learned What “non-refundable minutes” are and how to use them effectively Why you should surround yourself with champs and avoid the chimps and chumps Hector’s five important lessons you need to learn and practice to truly succeed in business Resources: REInvestorSummit.com/Mega REInvestorSummit.com/Sly REInvestorSummit.com/noteservicing REInvestorSummit.com/100 REInvestorSummit.com/coaching REInvestorSummit.com/aof