Episode 157: The Inside Scoop on Co-Investing Clubs with Real Estate Maverick Brian Davis

In the dynamic world of real estate, ‘co-investing’ is a concept where investors pool their funds to participate in larger deals that would be out of reach individually. Brian Davis, a trailblazer in rental automation and co-founder of Spark Rental, offers a platform where investors can diversify their portfolios with a minimum investment considerably lower than the industry standard. By harnessing the collective power of individual investments, members can access a range of property types and deal structures, tapping into the lucrative heart of real estate syndications.

**The Role of Spark Rental**

Spark Rental isn’t just the flagship of Brian Davis’s vision; it’s a comprehensive ecosystem offering education, software, and a vibrant co-investing club. Through it, investors gain insights and tools for both active and passive investment strategies. The platform aims to make financial independence through real estate investing a reality by simplifying the path to lucrative investments and reducing the hassle associated with property management.

**Tools for the Active Landlord**

For those who walk the path of an active investor, resources like rental cash flow calculators, internal rate of return assessments, and interactive maps provided by Spark Rental are invaluable. They offer insights into market trends and the financial nuances of property investment, addressing common pain points such as cash flow forecasting and property management.

**The Investing Club’s Clientele**

Brian Davis characterizes the club’s typical member as a busy professional who cherishes the gains of real estate without the grind. This passive approach aligns with those yearning for financial growth without the demands of active landlords, providing a hands-off pathway to building a diversified investment portfolio.

**Podcast Takeaway: Solidifying Financial Freedom**

Through the podcast ‘Raising Private Money,’ Brian Davis and host Jay Conner unravel the intricacies of real estate co-investing, sharing insights that could pave the way to financial freedom. Listeners are not only educated on the essence of passive income but are also encouraged to engage with Spark Rental’s resources, which could potentially transform their financial trajectory through the power of real estate investing.

Investment Strategies in Real Estate Syndications: 

“A lot of people when they’re new to real estate syndications, you know, they assume that the high returns that real estate syndications aim to pay, come with equivalently high risk. That’s not necessarily the case.”

– Brian Davis

 

10 Questions  Discussed in this Episode:

1. What is the core principle behind co-investing in real estate as explained by Brian Davis and how does it differ from traditional real estate investment strategies?

2. Can you discuss the advantages and potential risks associated with investing in real estate syndications, particularly those focusing on multifamily properties?

3. How does the co-investing club managed by Spark Rental vet the real estate deals each month, and what criteria make a deal attractive to the club?

4. With the ideal customer for the co-investing club being working professionals looking for passive investments, how does the club ensure these investments remain truly passive for the investor?

5. Can Brian Davis elaborate on the types of returns and profit splits passive investors can expect when they surpass certain investment thresholds within the co-investing club?

6. Given the diversity of real estate types included in the syndication deals, how does Spark Rental approach geographical and sponsor diversification?

7. How has Brian Davis’s previous experience with a hard money lender and the 2008 financial crisis influenced his approach to real estate investing and the creation of the co-investing club?

8. What are some of the common pain points for active landlords and how does Spark Rental provide solutions through its education and software platform?

9. Why does the co-investing club target a minimum return of around 15% for deals, and in what scenarios could this anticipated return vary?

10. For someone completely new to real estate investing, what first steps would Brian Davis recommend based on the insights shared in today’s podcast episode?

 

Fun Facts:

  • The co-investing club values diversification, investing in various property types including retail, industrial, mobile home parks, and even storage, not just multifamily properties.
  • Brian Davis emphasizes the use of free tools provided by Spark Rental, such as the rental cash flow and internal rate of return calculators, to assist active real estate investors.
  • The investment club has attracted ‘recovering landlords’ and hybrid investors who are looking to diversify their portfolios, indicating a trend of seasoned landlords seeking more passive investment opportunities.

Timestamps:

00:01 – Raising Private Money Without Asking For It

05:56 – Investing in real estate requires significant capital.

07:31 – Investment club invites members to specific deals.

13:12 – Free real estate calculators for active investors.

14:43 – Free calculators, and interactive maps for rental investors.

17:41 – Vast resources for rental and real estate.

21:06 – Learn to create, finance, negotiate, and manage.

26:08 – Invest in deals for better returns collectively.

27:13 – Connect with Brian Davis: https://www.SparkRental.com 

 

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The Inside Scoop on Co-Investing Clubs with Real Estate Maverick Brian Davis

 

Jay Conner [00:00:01]:

Welcome to another amazing episode of Raising Private Money. I’m Jay Conner, your host, and this is the podcast where we talk about how to raise a lot of Private Money without ever having to ask for money. Well, my guest today on the show, he and his club, they’ve raised and invested 100 of 1,000 dollars in real estate every month. We’re going to learn exactly how he goes about doing that. Well, he is a rental industry expert, and he’s living out his passion right now, which is helping others achieve and realize their dreams of building passive income. Now, in addition to that, he’s the co-founder of a first-of-its-kind rental automation service. We’re going to dig into that. Now, he’s got a long list of specialties, which include he’s an expert in e-commerce management, digital strategies, conversion rate optimization, pay-per-click advertising, website layout designs, sales for optimization, and real rental industry trends.

 

Jay Conner [00:01:08]:

I mean, you name it. Pretty much anything about real estate investing, which he’s got some experience with. Now, some people, just don’t want the, what they’re interested in is just the high returns and tax benefits of real estate investing without having to go out and negotiate deals, find deals, overseeing, you know, general contractors and everything. And, you know, and they just don’t want the headaches of becoming a landlord themselves. So for them, my guest and his business partner, co-created what’s called the co-investing club, and we’re going to talk about what in the world co-investing is. And also created what’s called the Fire from Real Estate program, and that’s to help people invest passively in real estate syndications. My guest is now one of those passive investors as he spends most of the year and his time traveling, you know, overseas and other continents with his wife and his daughter.

 

Jay Conner [00:02:11]:

Well, with enough passive income from real estate, you’re going to reach financial independence. You can live off the rent, and your distributions, and then your day job that you’ve had can become optional. In just a moment, you’re going to meet my very special guest today, Brian Davis, right after this.

 

Narrator [00:02:32]:

If you’re a real estate investor and are wondering how to raise and leverage Private Money to make more profit on every deal, then you’re in the right place. On raising Private Money, we’ll speak with new and seasoned investors about their deals and extract the best tips and strategies to help you get the money because the money comes first. Now here’s your host, Jay Conner.

 

Jay Conner [00:03:00]:

Well, hello, Brian, and welcome to the show.

 

Brian Davis [00:03:03]:

Jake, thank you so much for having me.

 

Jay Conner [00:03:05]:

I’m so excited to have you join us here on the show. We’re going to talk about what in the world co-investing is. We’re going to talk about how people can be passive and, you know, get involved in real estate investing passively. But, take us back to how is it that you got into real estate. What’s your background story? And then we’ll dive in.

 

Brian Davis [00:03:29]:

Right. Well, I’ll try to distill, you know, 20 plus years of of of career and background into, you know, 20 seconds. So I graduated college in 2003. I had no idea what I wanted to do with my life, and I fell into a job working for a hard money lender. One of the 2 guys happened to be buddies with my stepdad. So I’m doing hard money loans. You know, again, this is the early to mid-aughts. It’s a big party in real estate.

 

Brian Davis [00:03:55]:

Right? Everybody’s making money. And I’m sitting there like, oh, you know, these guys are making all this money. You know, I can make money doing this too. So I went out and I way overspent on rental properties, and I bought way too many too fast. And 2,008 hit, of course, and the party was over. Right? So I learned some very expensive lessons in all that. Licked my wounds a little bit, left the industry, and went and I worked for an e-commerce company for a while that was selling, legal forms and services for landlords and mom-and-pop real estate investors. In 2016, my cofounder, Denny, and I launched Spark Rental as sort of a one-stop shop, especially in education and software platforms for mom-and-pop real estate investors.

 

Brian Davis [00:04:41]:

And we started experimenting with co-investing, oh, I guess, 4 years ago now, 5 years ago now because we were teaching courses on real estate investing. At this point, I was no longer buying properties myself. I had been selling off my rental properties after moving overseas because it was just too much hassle to keep them. And our students kept asking, hey. Can I just invest money with you guys? And we kept saying no. And then finally, we said, well, let’s say yes. You know? Let’s find a way to say yes to this. And we started experimenting with single-family properties.

 

Brian Davis [00:05:15]:

That was too much work, but it was still fun, and we were still making some we, you know, we made good returns on it. And that’s when we started pivoting towards passive real estate investments, syndications, notes, that sort of thing. Today, we have what’s evolved into our main business is running a real estate investment club where every month we bring in different syndicators, and we vet them and their deals together as a club. And anyone who wants to go in on them can do so with relatively small amounts of money.

 

Jay Conner [00:05:45]:

Interesting. So I said it in the introduction. You just said it again. Co-investing. What in the world is co-investing? 

 

Brian Davis [00:05:56]:

So one of the big barriers to entry, if you want to go out and invest, really, either in a rental property that you’re actively buying or in a passive real estate syndication is you need a lot of money. Right? Real estate is expensive. So even if you borrow, most of the money to buy a rental property, you still need to come up with typically 50 to $100 between the down payment, the closing costs, cash reserves, and initial repair costs. And, likewise, if you invest in a passive real estate syndication, then you also have a minimum investment of 50 to $100, which is a lot of money for the average person. Right? So we want to be able to invest small amounts of money across a lot more investments. We can diversify. So we go in on these together. That’s that’s what our investment club does.

 

Brian Davis [00:06:43]:

So we vet these different deals every month, and anyone who wants to participate in 1 can do so with 5,000 or more. $5,000, it’s not chump change. Right? But it’s a lot less than the 50 or 100 grand that you would need if you were going to invest by yourself. So we go into these investments together. Each person invests relatively small amounts, and we all get to spread our money across a lot of different deals.

 

Jay Conner [00:07:09]:

Interesting. So when a new member comes, to your club and wants to be an investor, the minimum is $5,000. So are they, so they want to invest. Are they investing in a particular project or exactly what are they investing in?

 

Brian Davis [00:07:31]:

Good question. So we invest in specific deals every single month. So we will invite a sponsor, also known as a syndicator or a general partner or an operator, you know, whatever term you wanna use. They have a deal. We invite them to come and talk to our club members about their deal, and any of our club members who want to invest in that deal can do so. We’ll create a unique LLC, a single-purpose LLC, specifically for that deal, and we will list every participating member as an owner in that LLC, you know, proportionate to whatever they invest. And the LLC then becomes the limited partner, the passive investor in that syndication deal. And one question that that my partner and I get a lot are you know, people will say, oh, so is this a fund of funds? It is not a fund of funds.

 

Brian Davis [00:08:22]:

My partner and I don’t get a cut of any of the money that’s invested quite the opposite we’re investing our own money in these deals alongside our members. So we are just one more member of the club. We just happen to be the ones who are administering the club and sort of handling, yeah, the administrative duties of the club. Mhmm. But, yeah, we’re we’re right there in the trenches alongside our members putting our retirement investments in these deals every month. So, yeah, that’s how it works in a nutshell.

 

Jay Conner [00:08:49]:

So, typically, how long are these, if someone invested in a particular deal?

 

Brian Davis [00:08:58]:

Every deal is different. I mean, we’ve seen deals as short as we so we’ve invested in a 6-month rolling note a couple of months ago, where people can withdraw their money anytime with 6 months’ notice. We invested in a short-term 9-month note at one point last year. We have looked at syndication investments that are, you know, 1-year term, you know, maybe 2 years. The average deal is more like, you know, 4 to 6 years. You know, 5 years is sort of an assumed middle ground, for some of these. Some will end up being shorter, you know, 3, 4 years. Some will end up being longer.

 

Brian Davis [00:09:33]:

Some of them are designed as very long-term deals where the sponsor plans to refinance within, you know, 3, 4, 5 years, return all of our investment capital to us, but we retain an ownership interest in the property. We keep collecting cash flow on it even though we’ve gotten our initial investment back. Sometimes people refer to those as infinite returns deals. So it just depends. It depends on the deal. But, you know, as a broad rule of thumb, you know, they say assume 5 years or so for the typical deal. So that’s where we go into it with that long-term mindset for every deal.

 

Jay Conner [00:10:09]:

Right. What type of real estate is it that they’re investing in? That may vary as well. Is most of it apartments or not?

 

Brian Davis [00:10:20]:

So the bread and butter of real estate syndications is typically multifamily. So, you know, I would say we do more of those deals than other property types, but one of our core values as a club is diversification. So we wanna invest in as many different property types as possible. So that includes things like retail, industrial, and mobile home parks. Yeah. I mean, we’ve done storage. We’ve done you know, you you name it. We’ve done it.

 

Brian Davis [00:10:49]:

We also want to diversify across geography. Right? Different states, different cities, different markets, and we wanna diversify across syndicators. So many, many different sponsors. We have a casual rule of thumb in the club where we want to wait at least 1 year after investing for the first time with a syndicator before we consider their deals again. We wanna give them, you know, a warm-up period, if you will, to see how their communication style is, how they handle hiccups, you know because there are always hiccups. Right? I mean, they’re not no deal is 100% smooth. So we wanna see, you know, how do they handle these sorts of things. And if they do well with our investment over that 1st year, then, yeah, we’ll consider inviting them back to present another deal in our club.

 

Brian Davis [00:11:36]:

But diversification is a very important core value of ours.

 

Jay Conner [00:11:41]:

Makes sense. So you have a company by the name of www.SparkRental.com.  Now is Spark Rental separate and apart from your investing club or is that the investing club?

 

Brian Davis [00:11:56]:

Spark Rental is just the name of our business at large, and then the co-investing club is one of the services that we offer through Spark Rental. You know, we have a blog. We have a podcast. We sell courses. We have, you know, free classes and courses. We have, rental automation software. But our core business has become this investment club.

 

Jay Conner [00:12:18]:

Gotcha. And to learn specific information and more information about the investment club, is that the URL park rental. comforward/co-investing?

 

Brian Davis [00:12:30]:

Yes. It is.

 

Jay Conner [00:12:32]:

Okay. Perfect. So now, in addition to the Investment Club, one thing that I had read about you, Brian, is that you and your business partner, you’ve got free resources for people to check out. Some of those free resources you’ve got are the rental income calculator and the depreciation calculator. Then you’ve got interactive maps, such as best cities for rentals, real estate, and heat maps. Talk about those resources and what kind of benefit they would be to, say, a landlord or someone interested in that.

 

Brian Davis [00:13:12]:

Yeah. So we love free tools. Right? We’ve built a bunch of free calculators for real estate investors on our site. Now these are more for active real estate investors, people who want to go out and buy single-family rentals, and multifamily properties. So we have a rental cash flow calculator, which I think is it’s embarrassing to say now, but when I was in my twenties when I was going out and starting to buy properties, yeah, I still thought that that cash flow was the rent minus the mortgage. And, you know, way too many novice real estate investors, you know, are laboring under these delusions. Right? People don’t realize that you have to account for these irregular, but inevitable expenses like vacancy rate, property management costs and repair costs, and maintenance costs. So you have to take these kinds of costs into account as a rental investor.

 

Brian Davis [00:14:07]:

We have an internal rate of return calculator and loan amortization calculator. We have a depreciation calculator. I mean, depreciation is one of those great tax benefits of real estate, right, where you show a loss on paper on your tax return even as you’re collecting cash flow in real life. So, yeah, we’re we’re big on financial independence. We have a fire calculator. We have a house hacking calculator. I’m a huge proponent of house hacking to eliminate your housing payment to free up more money to invest. Right? The higher your savings rate, the faster you will build passive income, build wealth, reach financial independence, and all those things that you want as an investor.

 

Brian Davis [00:14:43]:

Right? So, yeah, a bunch of calculators. They’re all free. We have a bunch of interactive maps, which are also free, you know, starting with rent price ratios for the 300 largest cities in the country, just as a quick and simple tool to help you identify markets that maybe you haven’t considered yet if you’re a rental investor. We have a housing heat map showing county by county and also city by city, how quickly markets have appreciated over the last 1 year, and the last 5 years. We have a cooling markets map, showing where our price is going down around the country, and where our rents going down around the country, which, by the way, rarely happens. It’s very rare for rents to decline. We have seen that over the last year. Over the last 18 months, we’ve seen a surprising number of markets have rents decline, and that’s it’s unusual, but it does happen.

 

Brian Davis [00:15:41]:

Right? So, anyway, we yeah. Bunch of free tools on this site. Our rental software is free for up to 3 units. So for mom-and-pop landlords, it’s a great resource.

 

Jay Conner [00:15:51]:

That’s awesome. Again, those free resources are at www.SparkRental.com.  Right, Brian?

 

Brian Davis [00:15:58]:

Absolutely.

 

Jay Conner [00:15:59]:

Awesome. So how would you describe your I mean, in the business we call it your avatar. What we’re talking about is your ideal customer. Or what does your average client look like that is, you know, subscribing, like in the co-investing, club?

 

Brian Davis [00:16:18]:

Yeah. So our average members in the co-investing club, are working professionals. They are very busy. A lot of them have kids, have families. They work full-time plus. They love the idea of investing in real estate, getting the cash flow, the appreciation, the the tax benefits. What they don’t love is the idea of creating a side hustle around real estate investing. And when you go out and you become a landlord and you buy rental properties under your name or an LLC name, that’s what you are creating.

 

Brian Davis [00:16:47]:

You’re you’re creating a side household for yourself. And there’s nothing wrong with that if that is your goal. You know, if you are passionate about building a side business around real estate, then, again, that’s that’s great. I would never discourage anyone from that. But a lot of working people, just want the the benefits of real estate as part of their investment portfolio. They don’t want to build a side business around it. So that is the purpose of our club is to be a passive way to invest in real estate, get all those benefits, you know, the cash flow, the appreciation, the tax advantages without having to become a landlord.

 

Jay Conner [00:17:25]:

Makes sense. So do you have coaching or services for landlords who want to stay landlords and don’t want to be in the co-investing club or is your primary focus now the co-investing club?

 

Brian Davis [00:17:41]:

Yeah. So we have a ton of tools blog articles and podcast episodes all about landlords and rental investing on our site. Again, we would never discourage anyone from going that route. We have over 400 articles in our library, and I would say 2 thirds of them are, sorry, are, you know, really revolving around rental investing and active real estate investing. So we have plenty of tools and resources, like we said, interactive maps, calculators, you know, which are largely designed for active real estate investors. In our premium course, our video course, we have so we have 5 different sections in that course, and one of the sections is specifically about active real estate investing. We also have a section around, real estate syndications and notes and another one around real estate crowdfunding. I’ve invested myself personally in most of the major real estate crowdfunding platforms.

 

Brian Davis [00:18:38]:

So, you know, we like to take people behind the scenes. Say, if you are interested in this as, like, an entry-level, way just to dip your toe in the water in real estate, you know, here’s sort of the behind-the-scenes of how the dashboards look and the kind of returns that they produce and and so forth. But, yeah, we have a ton of resources for active real estate investors in addition to passive real estate investors.

 

Jay Conner [00:18:57]:

Excellent. So you have, you’ve coached and talked with a lot of landlords, I would suppose, in your, in the time that you’ve been, you know, offering these types of services. What are what are some of the that you’ve observed, what are some of the most common pain points and problems that active landlords have faced or are facing? And how do you recommend and what advice have you given on how to fix it?

 

Brian Davis [00:19:32]:

Yeah. So we already touched on cash flow. That is something that the average newbie real estate investor just does not understand how to forecast, but it’s one of the most important things that you need to learn before you ever invest a penny in real estate. So as just a wake-up call, as a way to kinda shake new investors, we teach the 50% rule as just a very loose rule of thumb that 50% of the rent will end up going to non-mortgage expenses when averaged over the long term. So that’s things like vacancy rate, property management costs, repairs, maintenance, property insurance, property taxes, accounting, those sorts of things. So yeah. You know? And the average person will say, well, you know, then how will I ever find a property that that cash flows well? That’s impossible. And then we say, exactly.

 

Brian Davis [00:20:25]:

Like, it’s hard. Right? You know, now you’re starting to get it. It’s hard work to find properties that do cash flow well. And a lot of people, especially in more expensive coastal markets, end up saying, well, you know, there are no properties that cash flow well near me. So they start looking elsewhere throughout the country, but that presents a whole other set of challenges when you invest long-term. You need to have a built-out team on the ground if you’re going to invest long distance. And, again, that takes another set of skills. Right? So this is all work, and it is there’s a ton of micro-skills that are required to successfully go out and buy rental properties.

 

Brian Davis [00:21:06]:

So you have to learn how to find good deals because they’re not just sitting around in the MLS collecting dust, waiting for someone to come along and pick them up. You have to go out and create those good deals yourself in most cases. You have to learn how to finance deals well. You need to learn how to negotiate and hire contractors. And by the way, managing contractors is one of the hardest parts of being a real estate investor. People don’t realize that when they first go in, but that is an extremely challenging part of being a real estate investor. Know, that you have to deal with city inspectors and permits, and you have to learn how to manage tenants, and how to manage property managers. It’s a lot of work, and these are all little micro-skills that you have to learn and master if you want to consistently earn money as an active real estate investor.

 

Jay Conner [00:21:50]:

I would imagine that your Investing Club has had some active landlords come into the club because they are tired of doing all that stuff that you just said.

 

Brian Davis [00:22:04]:

We have a lot of recovering landlords, myself included. And we also have a lot of hybrid investors or investors who do both. You know, people who are landlords, you know, they have some properties on the side of their full-time job, But they also want to invest passively, partially for diversification. Right? Because you can invest a much smaller amount of money through an investment club like ours than you have to invest if you’re going to go out and buy a property yourself. And, you know, sometimes people just want more types of investments in their portfolio. You know, they want a mix of, you know, properties that I own myself, you know, passive real estate syndication investments, notes, maybe a little crowdfunding. You know, they want to diversify, you know, across the board with their real estate investments.

 

Jay Conner [00:22:55]:

Right. I’m thinking that the answer to this question would have a varied answer. But what types of returns, from low to middle of the road to high? What types of returns can your members, you know, anticipate to receive?

 

Brian Davis [00:23:15]:

That’s a great question. So we aim for a minimum of around 15%, you know, sort of mid-teens as a rule of thumb minimum for when we’re considering deals. A lot of people when they’re new to real estate syndications, you know, assume that the high returns that real estate syndications aim to pay, come with equivalently high risk. That’s not necessarily the case. Other inconveniences come along with investing in real estate syndications that require those high returns because, otherwise, people would just invest easier by putting money in index funds, right, or buying bonds or whatever. So it’s not necessarily about risk, although risk is a factor, and every investment with risk. But there are inconveniences like the long time commitment. Right? Like the lack of liquidity, like the high minimum investment.

 

Brian Davis [00:24:14]:

You know, the fact that if you want to invest less than that typical $50 or $100, you have to join an investment club like ours. So there are inconveniences that come with these investments that force syndicators to pursue these high returns. And if they’re if they can’t achieve those high returns, then they have no business syndicating deals. Right? To attract investors to get over some of these inconveniences, they have to offer high returns. So teens are sort of the entry point that we would expect for these. There are exceptions. So for example, a couple of months ago, we invested I think I mentioned this a minute ago. It was a rolling 6-month note, and it was very low risk because it was secured with an extremely low LTV lien, 1st position lien, against a free and clear property.

 

Brian Davis [00:25:10]:

It’s it’s, you know, short-term. It’s flexible for withdrawals. So that was a 10% note, but that was the exception rather than the rule. For most of these, you know, it’s the typical long-term commitment. There’s no liquidity. So we do want to see the mid-teens as a total IRR, a total annualized return once the property is sold, for us to consider these deals.

 

Jay Conner [00:25:34]:

Right. So does that math calculation equate to this? Like, if someone does it matter how much somebody’s investing, in your club, in a particular deal, as to the type of return they’re going to get? For example, let’s say you got a deal that you vetted out for the club, and let’s say it’s got a 15% anticipated return. And if somebody puts in $100, they’re looking to get 15% of the $100. If somebody puts in $50, they’re looking to get a 15% return on the $50. Is that the way it calculates out?

 

Brian Davis [00:26:08]:

That’s right. Yeah. You earn a percentage return based on whatever you choose to invest in that deal. Now the spin on that is that so some syndicators will offer higher returns and a a better return split for passive investors who invest above a certain threshold. So, for example, they might pay a 7% preferred return with, like, a 70-30 profit split if you invest a minimum of $50. Whereas if you invest a minimum of $250, maybe it’s an 8% preferred return with an 80 20 profit split. So one of our goals in our club is to more and more often hit those thresholds so we get a better return than the typical investor does, you know, collectively as a club, even though each member is investing small amounts. You know, collectively, you know, we’re aiming to surpass some of those thresholds and get those those better return splits.

 

Brian Davis [00:27:06]:

It doesn’t always happen, but that is a goal of ours as a club.

 

Jay Conner [00:27:11]:

Wonderful. So one more time, Brian. Please give out to everyone that URL. Of course, we’ll have it in the show notes, but give out that URL as to where they can get the free resources, the calculators, the real estate, you know, maps that you talked about, and then also the URL on the co-investing.

 

Brian Davis [00:27:32]:

Yeah. So if you come to www.SparkRental.com,  you’ll see the co-investing club front center on there. You’ll also see a drop-down menu at the top for all of our free tools, including the calculators, the maps, including the software. You’ll see all of it listed. So, yeah, sparkle.com, and reach out anytime. My partner and I, are very much a mom-and-pop business, so we are very available.

 

Jay Conner [00:27:55]:

Wonderful. Brian, thank you so much for joining me here on the show. I appreciate you taking the time to be with us.

 

Brian Davis [00:28:02]:

Oh, Jay, thank you so much for having me. This was a lot of fun.

 

Jay Conner [00:28:05]:

You got it. Well, there you have it. Another amazing episode of Raising Private Money with Jay Conner, and we appreciate the likes and the shares. If you happen to be watching us on YouTube, be sure and ring that bell so you don’t, miss out on any upcoming episodes of Raising Private Money. If you happen to be listening on one of your favorite podcast platforms, whether it be, iTunes or Spotify, or whatever, be sure and click follow so you also don’t miss out. Thank you for joining me. I’m Jay Conner. Looking forward to being a part of your success, and I look forward to seeing you right here on the next episode of Raising Private Money.

 

Narrator [00:28:47]:

Are you feeling inspired by the knowledge you gained in this episode? Then head over to www.JayConner.com/MoneyGuide.  That’s www.JayConner.com/MoneyGuide, and download your free guide that shares seven reasons why Private Money will skyrocket your real estate investing business right now. Again, that’s www.JayConner.com/MoneyGuide to get your free guide. We’ll see you next time on raising Private Money with Jay Conner.