ROI Investing (Return On Impact) - Creative Capital Podcast
“Just keep at it because you were born to make an impact.” - Suzy Sevier
ROI is typically an acronym investors look at, wanting to calculate how much money they are going to make on any given investment. (Return on Investment)
We take an entirely different approach and it has propelled them to new heights… we see ROI as a Return on Impact!
The impact we make on our residents, our investors, our team, our business, the community, and eventually, the world is nothing short of a powerful “Why” and is something we all should have if we want to stay diligent at accomplishing anything.
Today we dive into how they got into real estate investing from over 4,000 miles away, how they were able to excel and accumulate over 180 units so rapidly, their extreme intentionality with their time, how different time zones can actually help you, what their most impactful ROI has been, and even where they lack discipline and what embarrasses them instantly…
[00:01 - 07:00] Introduction
Welcoming Suzy and Michael to the show Suzy and Michael share their background How they got into real estate The book that made them want to start in real estate
[07:01 - 12:13] Capitalizing on Opportunities in the Virtual World
How Suzy and Michael grew their portfolio so rapidly
The effect of networking virtually Making use of their time during the pandemic
Suzy and Michael talk about starting their companies
[12:14 - 21:21] Extreme Long-Distance Investing
How Suzy and Michael manage to invest from a long distance The importance of having partners They talk about their property manager Why having systems and processes in place is key How having a mentor helped them Dealing with different time zones
[21:22 - 35:14] ROI (Return on Impact)
The impact Suzy and Michael want to leave in this world How a small impact from each person can create a bigger collective impact The most rewarding thing they have done for someone
Helping people accomplish their dreams
How the Return on Impact mindset helped them succeed
Why everyone should have the Return on Impact mindset
[35:15 - 40:39] The Pod Decks Segment
Would you ever pick up a hitchhiker? What is something you get wrong almost every time you do it? Where do you lack discipline in your life? What embarrasses you instantly?
[40:40 - 48:30] The Core Four
What is your favorite real estate-related book?
Who Not How by Dan Sullivan (link below)
What do you think your unique skill is that helped you become successful?
Tenacity
Tell me something that's true about real estate that almost nobody agrees with you on
You can invest in anywhere from anywhere in the world You don't have to start with single-family
What one piece of advice would you give the listeners wanting to succeed in real estate investing?
Show up every day
Key Quotes:
“An impact is an impact. There are almost 8 billion people on this earth, and if half of us even made a 1% positive impact on somebody every day, that would just create this beautiful ripple effect. That is huge. That's just what we're trying to do.” - Suzy Sevier
“Just keep at it because you were born to make an impact.” - Suzy Sevier
“When you care for people, the world cares for you.” - Suzy Sevier
“There's a lot of issues and problems that you can run into when investing in real estate. A lot of us or some people would just curl up in a ball and quit or give up, but the successful ones are very skillful and find a way around, through, or over the wall.” - Michael Barnhart
“Every single day continue to show up. Even though you might not feel like you're moving the needle, you are. Just make yourself 1% better every single day, stick to routines that have made you successful. And if they haven't been successful, just stick to something and keep with it and just move the needle a little bit every day, and you'll be successful.” - Michael Barnhart
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Until next time...
Explore more. Adventure awaits.
