“ Be honest with yourself. You don’t have to know everything before you do anything. Take the first step. Educate, don’t speculate. And find the people that are doing what you want to do at the highest level possible. Do your due diligence and then step into action. “ – Dave Seymour
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
I love it. Dave, what book have you gifted to other people more than any other book?
Dave Seymour:
It’s “The Secret” by Rhonda Byrne. Law of attraction. And then my good friend, Jack Canfield’s “Secrets of Success.”
Jay Conner:
Oh yes. My wife, Carol Joy, and I went to see him. I’m looking at the certificate up here. We went to Jack Canfield’s first event of his, which was The Breakthrough to Success. And I got so excited. I went back and paid the big bucks and got certified to teach Jack Canfield stuff because I just love it. Dave, I have just loved having you here on the podcast as we wind down. Do you have any parting comments or final advice that you would like to share with the audience and then be sure to tell the folks how they can get hold of you?
Dave Seymour:
Yeah, for sure. It’s always interesting how you wrap up a conversation. For me, I think about the people who listened to us, Jay. What do they want? What are their needs? How can we serve them best? And I know it sounds kind of kitschy, but I always say, “To thine own self, be true.” Is what you’ve been doing working? Be honest with yourself. And if it hasn’t, it’s okay to do something different. You don’t have to know everything before you do anything. Take the first step. Educate, don’t speculate. And find the people that are doing what you want to do at the highest level possible. Do your due diligence and then step into action. A lot of fantastic people sitting on couches, wishing and wanting and dreaming. But then there’s a smaller population of guys like us who are out there actually doing it, right?
Dave Seymour:
Not just teaching it, but we’re actually out there doing it as well. So step into your own greatness. And if you want to connect with us, if you want to learn anything about what we do at Freedom Venture Investments, I know Jay’s got a website that he can send you to there. I’m old school, brother. You could pick up the phone and call us at (781) 922-4418. One of my team members will pick up the phone and connect to me if that’s possible. I try and be as available as I can. So I just want to keep it moving forward, brother. I’m the opposite of stale.
How does the law of reciprocity apply in real estate investing? Through coaching. Educate other people. Knowledge is only powerful when implemented.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
How does the law of reciprocity apply in real estate investing?
Dave Seymour:
Through coaching. Through passing it on. Through being humble. There’s a lot of ego in our industry, Jay. Let’s just be honest about it, “Look at me, I’m the best. I’ve got a private jet. I’ve got a big house,” you know, all of that stuff. I don’t believe that encompasses reciprocity. Reciprocity is an opportunity to give somebody a hand up, not give somebody a handout. When you’re in a position to share knowledge, knowledge is only powerful if implemented. So that’s what I like about real estate, reciprocity. And then we get to pass that along to our clients. To a homeowner in distress with whatever that situation is and the reciprocity in there works along the way of, “You know what, that person knows somebody else.” And my reputation will always walk before me. Unfortunately, bad news travels faster than good news. We all know that. And if you make loud, good news with clients and let them speak your words afterward, then reciprocity and momentum follow afterward. So that’s how I look at it, brother, right or wrong. It’s certainly well.
“ Do not give value to someone with an expectation of something in return. Just give because giving is good. When it comes to charity and being philanthropic don’t do it to get recognized. Do something good for somebody else then keep your mouth shut” – Dave Seymour
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
Both you and I, Dave, are big believers in the law of reciprocity. So 2 questions. Tell everybody, what’s your definition of the law of reciprocity? And how does it apply to real estate investing?
Dave Seymour:
Yeah, that’s such a good question. Look, man reciprocity, they actually did, like the intelligence psychoanalyst kind of guys and girls looked at reciprocity, and it’s part of our DNA. And our DNA says as homo sapiens, that if I do something for you that is perceived to be valuable, you in return will do something back for me. But don’t bring value to someone with an expectation of value. Just give because giving is good, right? Start there. Our rewards are coming from high up above. They’re not always coming in the paycheck. Reciprocity is just going out and being of service, I believe. I know a guy, who I see as the ultimate in reciprocity. I know a guy who’s financially stable. This guy has a couple of boys. They’re now 11 and 9 years old.
Dave Seymour:
And what this man does is he takes his children to Walmart the last 2 weeks before Christmas every year. And he will put down $5,000 at the layaway counter and tell the lady behind the counter, “Pay down $5,000 worth of layaways, whatever comes up on your screen until those layaways are all paid off.” And he just shows his sons that. That’s reciprocity, this man. And I’ve had many, many, many conversations with him. And he says, “Reciprocity has put me in a position to be financially free.” And the Law of Reciprocity says if I want to keep something, I have to give it away. Say that again. If you have something of value, if you’re going to keep it, then you have to give it away. Pass it on, is what we use for terminology. So that’s my definition of reciprocity. And here’s the other thing, man, when it comes to charity and giving, don’t do it to get recognized, do something good for somebody else, then keep your mouth shut. Because I believe that is the definition of humility, which works side by side with reciprocity. So that’s just my own philosophy on it. And it’s served me pretty well.
Jay Conner:
It reminds me of what Jesus told the Pharisees when they were out there praying in the public square, their arms lifted up and Jesus said, “Go pray in your closet and shut the door,”
The reality of the real estate business is not real in reality TV. Reality Tv has to create a story, some may call it a show. If you are watching these shows, watch them for their show value do not watch them for educational value. If you want educational value find mentors in the real estate industry that actually does the nit and grit of the real estate business.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
Everybody’s dying to hear the short story summary of your television stardom of the A&E show “Flipping Boston.” So take a moment and tell us about that. Well, before you tell us about reality TV, I tell people whenever they ask me, “Jay, tell me about all these flipping shows.” And I’ll say, “The only thing real about reality TV is none of it’s real, except Dave Seymour’s Flipping Boston because he actually did have to do all that.” But anyway, take a moment and tell me and the audience about that reality TV experience.
Dave Seymour:
Look, it’s a blessing and a curse, depending on how you want to look at it. The blessing was the national exposure. I don’t know about anybody else. I didn’t get rich off of a TV show. I think it was $15,000 an episode at the end of our career there. Here’s what the benefits are. The exposure. It put me on the Today Show multiple times. It put me on the Rachel Ray show multiple times. It allowed me to be recognized as a national expert and a pundit on CNBC, CBS, and other networks. So that was the caveat to it. The nitty-gritty of a real estate transaction being filmed for a TV show. If it’s a half an hour TV show like these fix and flippers, these shows on HGTV, you know what I mean?
Dave Seymour:
If it’s a half-hour show, look, man. Paint and carpet. You’re not making 40, 50, 60, 70, 80, 90, a hundred thousand dollars on paint and carpet, okay? So stop it. Be serious. They’re creating a TV show. You know, with us up here in New England, my inventory’s some old, old ladies, man. I mean, 1890, you know, 1880. The oldest lady I ever loved was 1892, I think she was born. And she was an old school in Newburyport that we turned into a couple of high-end condominiums. But we really did rip the houses apart and put them back together again. And the thing is, I will always give kudos to my ex-partner, Pete. He ran the numbers as if there was nothing special about the exposure or anything else. Like the numbers were real. The real numbers in, the real numbers out. The profit, whether it was a skinny margin or a better margin, he stayed true to the numbers.
Dave Seymour:
Look, can you flip a house in 3 weeks and make 40, 50 grand? Maybe. You can flip a contract and make 40 grand. And you can do that in 24 hours if you know what I know, right? So, reality TV had to create a story, had to create a show. And I allowed a goofball like me to have some fun. I’d break the fourth wall all the time. The fourth wall is the camera. I got to break it all the time, just not talking to the camera. They’re like, “You can’t do that.” And I’d say, “Keep it in there. It’s good.” So yeah, if you’re watching those shows, watch them for the show value, do not watch them for educational value because if you’re watching for educational value, you’re going to get your butt handed to you. We’ll watch them for show value and I’ll enjoy the pretty ladies. Enjoy the drama. “Oh my God, the pipes burst! Let’s go to commercial”. You can play all of that as silly games if you’re hunting. It’s a show, come on now.
Jay Conner:
I love it. Thanks for telling it like it is, Dave. After all, you are known as the “tell it like it is Guy.”
Attracting a real estate investor who understands the business is critically important in finding and growing your capital. Returning the profit of their investment is essential in building trust. It is hard work but when a few investors earn your trust then showing other investors that you are worthy of their investment becomes an easy part.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
Tell us from your experience, what’s the best way to grow capital?
Dave Seymour:
There is an absolute learning curve. When I was doing single-family buy fix and flip, attracting an investor, first of all, who understood the business, was critically important. You could do that through show-and-tell. This is what we paid for it. This is what we did to it. This is how much we made. And this is what our private lender made on it. Protected, secured, and insured. 8% interest. Interest-only. You know the pitch. And that becomes a word of mouth. My portfolio attracted that retail investor. I’m not going to lie, Jay. I’m going to be truly transparent. It can be hard work. It could be heavy lifting sometimes with the retail investor. We use the term, “If it feels like I’m pushing a donkey up a hill, then I got to stop doing it.”
Dave Seymour:
So how do I get attraction? How do I get motion? Repetitive actions. It’s by being successful. The very first private loan I took was $35,000 from a lieutenant at the fire department. And I said, “So, Mike, could give me $35,000? I’m going to put you in a third lien position on this property. But I’m going to give you your $35,000 back in 3 weeks plus an additional $5,000.” I knew I could do it because the property was on the contract. We just needed this money to squeeze roots at the finish line. So I give him his money back in 2 weeks and he’s ecstatic. And he said to me that day, “Dude, that was a great deal!” I said, “Thanks, Lt. I appreciate it.” He said, “If you ever,” magic words, “if you ever need money again, you come to me first.”
Dave Seymour:
“And if I don’t have it, I know somebody who does.” And what he was referring to was his father because his father was a retired chief. So, the first one is always the toughest one. But once you’ve got traction underneath that, it becomes a system. It becomes repetitive and it creates its own motion. Today, I’m in a different sandbox altogether. Today, I attract capital through the portfolio. I attract capital through family offices, institutional capital. How would you like this for a problem, Jay? Are you ready? I have 18 months to put together a half a billion-dollar portfolio because I’ve got an arbitrage trust company that’s ready to take it out at a full cap on the buy-side and an 8.5, 9% cash on cash return. So, there’s a guy waving a half a billion-dollar check in my face and he’s like, “Go find me the real estate. Let’s go!” So, it’s interesting because the first guy that I learned commercial from was a very, very cool gentleman. His name’s Dave Lindahl. He’s in Massachusetts.
Jay Conner:
Yeah, Dave’s a good friend of mine.
Dave Seymour:
Okay. So DL said to me, “Dave, they are just zeroes. More zeroes on the way in, more zeros on the way out. Just run the deal the same way.” And I never forgot that. So yeah, that’s how we raise money today, man.
“ As You Become More Knowledgeable In Your Industry, You See More Opportunities.” – Dave Seymour
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
As far as your real estate investing journey, what have you focused on? Fix and flips? Wholesaling? What niches of real estate have you really been involved in and just knock it out of the park?
Dave Seymour:
“Yes” is the answer to all of them. Here’s the thing. As you become more intelligent in your industry, you see more opportunities. So, the TV show, “Flipping Boston,” pigeon-holed me as the grumpy construction guy who just got it done, which is all BS, it’s reality TV, right? But the reality of it was, I really did buy houses with my partner, we really did renovate them, fix them, sell them, and make a profit. Wholesaling is easier money. It’s just great negotiation skills, understanding the mechanics. I think the biggest disservice in the education space is that people say, if you just learn how to be a wholesaler, then you’ll make quick money. Well, that’s garbage. You gotta know how to be a rehabber so that you can be a great wholesaler, right?
Dave Seymour:
If you don’t understand the mechanics, the numbers, the time, the ARVs, et cetera. I’ve always been in that field. Always, always will be in that field. Although it’s not my focus so much today. Along the way, buy and hold, get some cash flow coming in, get some appreciation, let the tenant go to work, and pay down your debt service for you, thank you very much. Treat them like the gold that they are. Don’t be a slum landlord, give them clean, decent, affordable housing, give them a response immediately when they need you if you can, to make sure that you build that relationship with them. They’re the most valuable asset that you have as a real estate investor, is your tenant base. And then today, we level up. It’s always a case of leveling up. I can’t sit still. It’s my A.D.D. And today we’re in the commercial real estate space. I run a $100 million private equity fund that invests in multi-family assets in the Sunbelt. And we just started our build-for-rent strategies where we’ve got 6-acreage plots in Florida, another 8-acreage plot in South Carolina, and Atlanta.
Jay Conner:
Well, you’ve done it all and it’s just part of ascending up the ladder. Now you just mentioned that you’ve got a pretty large fund for the commercial projects. Like me, you know a whole lot about growing capital, attracting capital.
Everyone struggles when starting a business. Watch this short video as Dave Seymour shares his best lesson learned in real estate. Let his mistakes be the guide for you to achieve your own success.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
I experienced the same exact thing when I got into real estate investing. It was like, “My lands, where has this been all my life?” And my very first real estate investing seminar that I went to, I had already been doing this business for 6 years. My lands, don’t start out that way, get your education first. But I was cut off and lost my lines of credit in January of 2009. And that’s what triggered me to go to my first educational seminar was to learn about private money. And that’s what got me going, this world of private money. So you got in there 18 months after getting your education. You retired from the firefighting and paramedic world. What were some of your early struggles when you started out and what are the lessons you learned from them?
Dave Seymour:
Yeah, that’s a great question. The biggest struggle I ever had was with my own head. Growing up a blue-collar guy now moving into a white-collar world. It was very hard for me to believe early in my career that people would sell assets to me for a discount. It was about self-worth like I did a ton of personal development as part of my business development. Believing that I was worthy, believing that I had something of value, which was my education, which was the way that I looked at a real estate transaction. And as you do it, here’s the key. I think Jay, and I don’t know if you agree with this, I anticipate that you do, but as long as I was always in motion, in forwarding motion, as long as I was putting, honestly, my very best effort with one foot in front of the other.
Dave Seymour:
If I was removing the negativity around me, the people who said, “You can’t.” I loved it when somebody said I can’t because I’d immediately turn it to, “I can.” And I just execute. And I just somehow succeeded. So it was about working on my mind first. A guy said to me, “Dave, there’s 6 inches of detrimental thinking that lives between your ears.” He said, “Only you can control that. Only you can. Are you wealthy? Are you confident? Are you joy? Are you value?” He said, “Because if you believe you are, then that will resonate to the people around you.” And I started looking at opportunities where I could bring massive value. And it wasn’t money-driven, Jay. It wasn’t money. Money was the by-product of service first. Helping a distressed homeowner. Looking after your contractors and treating them as equals, not like they were lesser citizens or whatever. Leaving my pride and my ego and pocketing it to one side. Stepping into every relationship with everybody being at a hundred. And losing points rather be at zero.
Dave Seymour:
I’d always have to gain points. I bought an attitude of gratitude to everything that I did. And I just kept going, man, there’s a book out there. It says, “Six inches short of gold, or six feet short of gold.” And the idea is, is it just that one more phone call? Is it just that one more author? Is it just that one more relationship? Are you gonna quit before it’s time to succeed? And what happens is, is 90% of our competition, if not higher, quit. And that’s why guys like us succeed because we stay the course. We have the tenacity, we have the drive, we have the faith, the belief. And again, I surround myself with like-minded people who wanted to do what I was doing and that overcame any hurdle. There aren’t hurdles. They’re just little blips along with the radar. It’s as simple as that.
Jay Conner:
Well, what you just said, Dave, is one of the reasons that you and I resonate so well with each other and that is, it’s never about the money for the long-term. Making a lot of money can be a motivation for somebody in the short term. But you know, it’s been my experience over all the years of being in business. Whenever I got involved in an activity or an opportunity, and the only interest that I had in that opportunity was to make money, I never succeeded. I never succeeded. And it all comes down to what you just said, having a servant’s heart. I know you gotta love Zig Ziglar like I love Zig Ziglar, right?
Dave Seymour:
Right on my wall, right there. “You can have everything in life you want if you will just help enough other people get what they want.” Zig Ziglar, it’s right there on my wall, brother.
In this short video, Jay Conner and his special guest, Dave Seymour talk about what made David leave his former job as a firefighter and chose the real estate business instead.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors. Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode:https://youtu.be/TsjTiaF82mA– “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Real Estate Investing With Jay Conner, The Private Money Authority
Jay Conner:
So what year did you start your education and when did you go full-time real estate investing?
Dave Seymour:
Yeah, I started my first classes in late 2007 and 2008. Like the foreclosure crisis was just beginning to ramp up. And I started learning how to do short sales and distressed assets. And 18 months later, I quit the fire department and I say, “I quit.” I didn’t really quit. I retired. And the reason I retired was it got to a point where it cost me way too much money to go to work. It is as simple as that. I had made enough noise and grabbed enough attention in those 18 months that I was in the process of doing the TV show, “Flipping Boston.” I had surrounded myself with different people. I learned about internet marketers and the different ways of lead generation and attraction and execution and contracts and money. And I was like, all in man. I was like, where am I? Where has this been my whole life? You know, I’m like, I’ve arrived! And that was it. That was how it started.
After 16 years as a firefighter and paramedic, Dave Seymour launched his career, rapidly becoming one of the Nation’s top real estate investors.
Within his first few years, Dave had transacted millions of dollars of real estate and had become one of the Nation’s leading experts in both residential and commercial transactions.
His unabridged passion for business and real estate put him on the radar of the A&E Television network as well as multiple television organizations like CBS, ABC, CNBC, Fox News, and CNN. New York Times reported that Dave Seymour’s series “Flipping Boston” posted the highest ratings ever for the A &E Network at the time of airing.
Dave has been sought after as a “tell like it is” mentor and motivator in the real estate world with a track record of unmatched success everywhere he reaches. Dave is well-known for doing business alongside investors on their very first real estate deal as well as guiding some of the largest investment firms in the nation through complex transactions.
For more valuable information click on this link and watch the complete episode: https://youtu.be/TsjTiaF82mA – “The Reality of Real Estate Investing with Dave Seymour & Jay Conner, The Private Money Authority”
Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal.
What is Real Estate Investing? Live Private Money Academy Conference
Jay Conner (00:07): Well, hello there! And welcome to another episode of Real Estate Investing with Jay Conner. I’m Jay Conner. The Private Money Authority. And the host of our show. If you’re brand new to Real Estate Investing with Jay Conner, whether you’re listening in on iTunes or Google play, or following us on one of our YouTube channels or Facebook live streaming, we’re glad you’re here. If this is your first time, we talk all about different kinds of real estate. Single family houses, commercial, land deals, self storage, anything to do with real estate investing. And again, if you’re brand new, I’m known as The Private Money Authority because from 2003 to 2009, I was relying on local banks and mortgage companies to fund my deals. And I got cut off like the rest of the world did in 2008, 2009. And I learned about this wonderful world of private money.
Jay Conner (01:07): So I haven’t missed out on a deal since 2009 for not having the funding. And so if you would like to get plugged in to funding for your single family houses, I’ve got a free online training waiting for you to go to, so check it out after the show is over. Go on over to www.JayConner.com/MoneyPodcast. That’s JayConner.com/MoneyPodcast. And there I’ll be teaching you the five easy and quick steps from having no funding for your deals to, into the millions of funding. Again, without relying on banks or mortgage companies. Well, also here on Real Estate Investing with Jay Conner, since we launched in June of 2018, I’ve had some amazing guests here on the show, share their secrets and strategies as to what they’re doing.
Jay Conner (02:03): And today is no exception. So my guest today after 16 years as a firefighter and a paramedic, he launched his career rapidly becoming one of the nation’s top real estate investors. So within his first few years, he had transacted millions of dollars of real estate and have become one of the nation’s leading experts in both residential and commercial transactions. Well, his passion for business and real estate put him on the radar of A&E television network, as well as multiple news organizations like CBS, ABC, CNBC, Fox news, and CNN. In addition to that, the New York times reported that his series titled Flipping Boston posted the highest ratings ever for the A&E network at the time of its airing. His greatest joy comes from being a husband and a father to three boys. And so with that, I’m so excited to have your own the show with us today, Mr. Dave Seymour! So Dave, welcome to the show.
Dave Seymour (03:09): Hey Jay! How are you, man? I tell you, it’s funny. I listened to the, I listened to that intro and I’m, man, I sound pretty cool.
Jay Conner (03:15): And Scott, I will need for you to do a little edit right here because my internet has stopped working. So I’ve got a sign out and sign back in. So if you would, Scott, come to the forefront and keep Dave alive and I will be right back,
Dave Seymour (03:30): Oh, Man! I miss him already. So I got to do the show without Jay. Is that what you’re telling me, Scott?
Scott Paton (03:36): That’s right! That’s right! It’s just you and me. So,
Dave Seymour (03:39): That’s all right. It’s all good, man. I can play this game. No worries.
Scott Paton (03:45): What part of the country are you in?
Dave Seymour (03:47): Oh yeah, we’re up in Boston. Boston, Massachusetts. It’s where they threw the tea in the Harbor. We’ve been going through a little bit of a heat wave up here right now. So it’s an interesting time, man. I mean the real estate game in Boston has always been incredibly fluid and it continues to be. And I gotta be honest, man. I’m questioning some of the common sense that people use in the real estate marketplace right now. So I’m a super conservative investor.
Scott Paton (04:14): So you think people are being too aggressive?
Dave Seymour (04:17): Yeah, man! I mean, look! People sometimes forget. I mean, I listened to Jay’s intro and he had his own challenges in 2007, 2008, 2009, 2010, which we all did. And you know, there were investors that folded up their tent and never came back out to play after that. And Hey man! Welcome back!
Jay Conner (04:39): I got kicked off the internet for some strange reason. And so, ever since you started talking, I haven’t heard a word, you said.
Dave Seymour (04:47): Don’t worry. Nobody listens to me, including my wife, Jay. So it’s all good, man. No worries.
Jay Conner (04:55): Scott can edit this for us anyway, but so let’s pretend like I just said welcome to the show and you picked it off from there.
Dave Seymour (05:03): All right, man. Well, I appreciate you having me on the show, Jay. Thank you for having me. It’s a beautiful day in the neighborhood, even with all of the chaos and the craziness going on in the world, for sure.
Jay Conner (05:13): That’s for sure, Dave. Well now I’m really curious about how you got on the A&E network and got your show started. What was it called? Flipping Boston?
Dave Seymour (05:27): Flipping Boston. Yeah. So I was listening to your intro, Jay. It was kind of interesting that you developed a new source of capital for your deals because the market kind of went sideways and I went through that same experience myself. I got, I started investing. I was a firefighter, like you said on the intro there for 16 years. But unfortunately I had the financial intelligence of a donkey and I did not, I didn’t understand capital. I didn’t understand how it worked. And I’m just following the same plan that everybody else is. And I went to a seminar to learn real estate and I’m a product of that seminar world. And the funny thing is, man, is I invested the last couple of thousand dollars that I didn’t have. Well, my wife did. I didn’t, it was her credit cards.
Dave Seymour (06:14): I was maxed out with a credit score of two. So nobody was giving me credit. But it’s kind of interesting. I did what my mentors and coaches told me, like, you know, I listened to you again at your intro, talk about the newer investors, or maybe you got some seasoned investors listening to us today, or watching us. But I just followed what worked. And next thing you know, I’ve done one deal, two deals, three deals, four deals. I’m actually doing a little teaching myself and somebody in the marketing world reached out to me and said they were looking for teams to start another show. And I was still firefighting. So I was like, firefight in 42 hours a week. And real estate invest in every other hour I was awake. And I sent in an application to New York and no offense to anybody, but I loaded it with profanity cause I wanted to make sure they paid attention to what I wrote on my little application.
Dave Seymour (07:09): Yeah. They came, they picked up the phone and the guy was kind of laughing. And he said, you’re either a lunatic or a genius. I said, is there a difference? And we started filming a little sizzle reel and we did four episodes and like you said, in the intro, their ratings were the highest they ever had for that time slot. And they said, well, people like you. And I’m like, I was just doing it for fun. I didn’t think it would ever go anywhere. And you can actually see the episodes on Amazon right now, Amazon prime in the video section. Yeah. So me and Jeff Bezos struck a deal. No, we didn’t. You can find the episodes on there. And you know, I got that reputation as an expert in the marketplace and with that comes a, you know, some really good relationships and you have to find yourself sitting on Squawk Box and Fox News and all of that silliness. So it’s kinda, it’s kinda cool, man. It was a cool journey.
Jay Conner (08:04): That is really cool! So let me give you the 30,000 foot view question and that is, why did you choose real estate for yourself?
Dave Seymour (08:13): Yeah. Look man, it’s, like I said, I was good at working, you know, and trading time for money. I’m kind of like a blue collar guy in a white collar world when it comes to that stuff, you know? I was instilled with some good solid core values, you know, don’t lie, don’t cheat, don’t steal, work hard, respect your fellow man, you know, have a little faith and do the right thing. And that’s great. Don’t get me wrong, but it doesn’t give you any financial freedom because the income potential is capt. And you know, I was working construction on my days off from the firehouse and I was watching these investors like popping up. And I’m thinking to myself, hold on a second, I’m building a deck, digging a ditch. I’m sitting on a post hole Digger with a bunch of friends here and this guy’s coming in and you don’t look too sweaty and he don’t look too dirty.
Dave Seymour (09:07): He looks like he’s had himself a good old time. At his back bone aching. I think his wife is probably happy as well. Right? It was the investors. And I found myself in a position where I was losing my house, man, because I made some bad decisions. And I always knew there was money in real estate. I never understood the stock market investing in something that was imaginary. And I just went for it. I went to a seminar and my wife invested in me and I started doing what they said I should do. And the results followed afterwards. So real estate has been the biggest wealth builder in the history of animation period. And why should I reinvent the wheel? Why don’t I just learn the processes and get in the game? And that’s when I took her like a duck to water, man. I’m passionate about it. I love it. I dream about it all the time. So yeah.
Jay Conner (10:03): What year did you go to that first real estate investing seminar?
Dave Seymour (10:07): Yeah, I went in early 2000. And late 2007. Early 2008. I came out just as the crap hit the fan, man!
Jay Conner (10:21): No, I tell you, you know, here in the midst of COVID-19 reminds me somewhat of what was going on in 2008, 2009, as far as, you know, banks tightening up and et cetera. And it was a blessing in disguise for me back in 2008, 2009, because that’s when I learned about private money and when the banks cut me off within three months, I had more money at my disposal. When I went out to raise money. Than I had, when I had a line of credit at the bank And I’m experiencing somewhat the same thing going on right now. I mean, I just had a phone call last week from four guys that have a private equity fund that want to give me $5 million just to start doing business with them. Right? They called me, they called me, I didn’t call them. Right. I have someone listening to my podcast here, not too long ago. They were laid up in the hospital for three days, listening to the podcast, they call my office and they want to lend me money.
Dave Seymour (11:23): What a terrible problem to have, Jay.
Jay Conner (11:29): So, now, how quick were you able to move once you got your education and start enjoying some success?
Dave Seymour (11:34): Yeah, that’s a great question, man. You know, I’d love to tell you. You know, 30 days and it was all fixed. I mean, that would just be a flat out lie. You know wealth creation is a process. It’s not an event. For me it took me, it took me 12 months to 18 months to be what I call financially free. And what I meant by that was, was that I was able to sleep eight hours. You know, I wasn’t waking up at three o’clock in the morning, you know, riddled with fear, doubt, and insecurity. So it took some time it took a commitment and some traction. But to your point, about 2008, I mean, I was telling people, cause that’s what my mentors told me to do was to tell everybody what I was doing. And I was telling people, you know, I’m a real estate investor, I’m investing, I can buy distressed assets and you know, I can put them back on the market and I’m giving them the whole elevator pitch.
Dave Seymour (12:26): And back then a lot of people were like, Ooh, Oh, I’m so sorry that that’s what you have to do for work. Like, you know, it was like a disease that we had as real estate investors in 2008, 2009. But like you, sir, I created an opportunity out of it, I can’t, you know, I became proficient at short sales. I became profecient at loan modifications. I became proficient at private lenders. I became proficient in helping people. And I found in my career and I’m sure you’ll testify to it as well as the fact that the more time I spend helping somebody else, the better it ends up being for me, you know, that and that. I mean, you know, God is good all the time and it’s like a real good friend of mine is down in Florida right now.
Dave Seymour (13:13): And his faith is something to be admired. And he just says to me, he just says to me, David, just ask the right questions, man. Am I doing His work or my work? Right. Is it all about the almighty buck? He said, because if you find yourself just chasing the almighty buck and you’re not doing His work and taking good care of people, he said, you might find yourself facing a little bit of resistance. That’s how he puts it. And then there’d be a little bit of scripture to support it. But, you know, I love that about it. It’s like there’s nothing better than those families that we helped, you know, during the transference of wealth in this country, which is what we show in 2008, nine, 10, 11, 12, you know, to help families who were foreclosed on them and put them in a lease option. Where they could stay in the same neighborhoods, right? The kids could go to the same school. They couldn’t afford the crazy mortgages that reset, but they could afford a good decent lease option and a beautiful home to live in. And all we were doing was moving them from house to house in the same neighborhoods, you know? So you know, with some education, you can serve this stuff around pretty fast. And I’m no better than anybody else. I just did what I learned. Rather than finding excuses, I found answers. Does that make sense?
Jay Conner (14:24): It makes a lot of sense. You and I have got a lot in common, Dave, because my followers hear me say all the time, this, all the facets of the business is all about serving and helping other people, as you said, because if people didn’t have a problem, we wouldn’t have an opportunity to serve. From the buyers to the sellers, to the private lenders, you know, even when it comes to raising money. And we’re going to hear your story here shortly in the next minute or two, about how you’ve gotten into raising a lot of capitals, but, you know, I’ve never asked anybody for money. They say, Jay, how in the world are you raise all those millions of dollars without asking for money? It’s real simple. I put on my teacher cap, I teach people what private money is. I teach them what self directed IRAs are. Cause they never heard of that stuff. And, you know, the light bulbs go off. And if they’ve got investment capital or retirement funds, they’re not happy with what they’re doing. They’re going to, they’re going to want to do business with you, right?
Dave Seymour (15:24): Correct. Correct. It amazes me how many intelligent accredited investors I sit down with and communicate with. And I start giving them a breakdown of the tax advantages of using a solo, 401k as a retirement vehicle to invest in my fund, into a piece of sticks and bricks, a syndicated deal. And it’s like these light bulbs go off in their head. And I don’t know about you. You tell me this. I found that, you know, high finance on occasion, it kind of brings an air of you know, like it’s almost pretentious at times, like you’ve got this additional vocabulary than they tend to use in high finance. And I was talking to a local guy, a friend of mine, a neighbor in fact, and he’s an injury attorney, very successful. And I’m in the middle of my, you know, my conversations through teaching.
Dave Seymour (16:19): Obviously I’m raising capital with salesman. We’re good at what we do, but he’s, he stops me in the middle of it. And he says, David, David, you’ve got to stop. I go, what, he goes. I just figured out what you’re doing because I applied a logic commercial assets, you know, 60 to 150 unit apartment complexes, not just one of them, but 30, 40, 50 of them. And then I fixed them up. I get the rents up and I create a better asset. And I’m trying to give him the delivery, Jay. He says to me, David, stop it. I go, what, what what’s up? Did I offend you? He goes, no, no, no, no. He goes, I think I understand what you’re saying. He said, all you’re talking about is flipping Boston on steroids. Instead of just taking a little single family house and make it that pretty.
Dave Seymour (17:02): He said, you’re doing 5,000 units and making them pretty correct? I said, yeah, that’s right, Kevin. He said, okay, how do I subscribe? Let me see if I can get some capital into the fund, you know? And it’s amazing because it’s, you know, my trajectory, it’s interesting. We were in a marketing meeting a couple of weeks back and I had a young intern in our marketing meeting. And what we’re doing right now is we have a private equity fund and we raise capital. We invest in multifamily assets, primarily in the Gulf region of Florida, but other markets. I mean, you guys in the Carolinas in such a great position there, I mean, it’s fantastic the opportunities there. So maybe we should talk offline, Jay, but you know, these assets allow us to go in there with what’s called a core plus asset class.
Dave Seymour (17:52): What we do just like I said, we take these settings and we make them pretty, but it never was that way. I mean, the first deal I did was a $5,000 wholesale transaction on a single family home. And I felt to myself what I’d had to do in the past to make $5,000. And then when I stepped out of the attorney’s office, I’m waiting for the five votes to pull up and take me to jail. Cause I felt, it felt so bizarre to have a check for a house that I’d never owned, but I’ve learned along the way to your point to simplify it. You know, you, you lead by attraction, not by promotion. I turn away capital, Jay, because it’s not a good fit. And you know, again, the universe works in a wonderful way if it’s of service, which is, is for us because we help people with the longterm retirements. They get to invest in our fund, and they get a preferred rate of return, targeted rates of return in double digits.
Dave Seymour (18:46): And then for the life of the time that their capital was working with us, you know, then now that targeted 20% returns on their money. So it’s a, it’s a real, it’s a real good asset class. And unfortunately COVID has all, fortunately, depending on what side of the equation you choose to put yourself on. COVID has given us a massive opportunity because the buying is already there. The buying opportunities are right in front of us right now. We’re just hungry to take these assets down, help the sellers, help the tenants, help our investors. I get warmed up, man. I get on a roll. You don’t. You got to stop me and ask me questions. Otherwise I just keep going.
Jay Conner (19:23): You remind me of me when I’m on the other side of the microphone. Speaking of COVID, what’s your prediction and what’s your take on what’s the short term outlook from covid and what do you think is the longterm outlook and consequences on any front?
Dave Seymour (19:41): Yeah, it’s, you know, kind of like pull off the bandaid, man. I mean, here’s what I see. We’ve got a short term pain that we’re going to have to, we’re going to have to experience, we’re going to have to experience as a nation. We’re gonna have to experience it together. You know, depends on how you look at it. So we’ve got the full balances where the banks have, you know, allowed tenants to own us to not pay their mortgages. You’ve got a tenancy not paying their rent. We had the PPP, the protection program there for small business. You know, Mr. Trump wrote everybody a check. There’s more, you know, more capital coming out which in its essence sounds great. And it’s a difficult position, Jay. It really is because it’s like, there’s the one side of me that used to live paycheck to paycheck that understands how necessary that is.
Dave Seymour (20:44): But then there’s now the other side of me that the businessman, I look at it and I say, well, there’s no transference of services for that money. And if there isn’t a true transference of services for that capital, it’s almost like a house of cards. It’s, you know, it’s doomed to have a failure point and a stress point. And when we get there you know, we will see an increase in foreclosure. We’ll see these challenges going forward and we’ll get through. We’re America. You know, I’m an immigrant to this country. I came from England and back in 1986, I was born in London. But, you know, I, I came to the greatest country in the world for growth, for economy, for the ability to really be the best we can be. So we’re always going to overcome. So short term, I’m sorry, we’re going to have to feel the pain.
Dave Seymour (21:34): Longterm, there’ll be two kinds of people just like they were in 2008, 2009, 2010, there’ll be victims and there’ll be victors. And, you know, I sense that we will be the victors and that’s not a moral battle. It’s just an intellectual battle of finance and real estate and business. But to be on the other side of it, as a Victor, we have a greater opportunity to help the people who didn’t, who didn’t come along the journey with us on the financial side. That’s kinda my full process on it. And that’s why we’re so bullish on our buying right now, we would invest the capital because everybody else is fearful. We go in there and we just get the good buying opportunities,
Jay Conner (22:15): Take a couple of minutes and tell us in summary, your journey from, I suppose you started with single family houses, you mentioned you’re for real being a wholesale deal. And then you went into commercial and now you are in the capital raising business, and you have a fund that people can take advantage of and invest in. Tell us, give us an overview of that journey of when, what and why.
Dave Seymour (22:43): Yeah, well, we don’t have nearly enough time, Jay. I’ve always tried to say it in three words, but it always comes out in 300 for some reason. It’s like I said, man, I learned the fundamentals of real estate. First transaction was a wholesale transaction for a house I never owned and I made 5,000 bucks. And I thought to myself, if it’s legal, if it’s honest and it’s ethical, I’m not going to do this once. I’m going to do it as many times as I can. And, you know, you slowly get out of debt. And then I stopped doing a little bit of a single family. Then I’m doing a lot of single family. Then I pick up that first two family unit and then a triplex and a fourplex then I’m always like got my eye on the commercial arena.
Dave Seymour (23:26): So I was in a marketing meeting, as I was saying, and I had a young intern in there and they said, why should anybody listen to you as a fund manager with a hundred million dollars invested in commercial real estate throughout the country, primarily in the Gulf coast. Guys says you’re that flipping guy from TV. And I went, Oh, from the mouth of babes. Ok, now, man I’m 21 years old, fresh out of college came in as an internship, fresh out of the mouth of babes. And it’s interesting because I have always been involved in commercial real estate. Had a portfolio of about 110 doors at one time in Sanford, Maine, which is just North of here, you know, a C class property C class neighborhood. I learned very quickly that I just want to be the bank. I don’t want to be property manager.
Dave Seymour (24:10): So, you know, I’ve learned a lot along the way. I’ve coached people through large commercial transactions of rubbed elbows in the self storage space. I’ve always avoided office and retail. How sad is it right now for you know, leisure, office and retail investing right now? It’s a very hard time. So commercial has always been in my wheelhouse. It’s always been my excitement bottom and friend of mine by the name of Walton Evicky reached out to me, raised about 125 mil and syndicated commercial deals in multifamily assets throughout the Gulf coast. And he said, I want to bring your stop power is what he said. And I always giggle when somebody says that. He’s like, well, you’ve got a national reach. He said, why don’t we combine efforts, your team, my team let’s get together, put the fund together. So the fund is now up. We’re raising capital. We’ve got a couple of acquisitions that we’re about to take down, we’re raising a hundred million dollars, we pay, like I said, a preferred return, double digit target returns to our investors. And it’s an exciting time in the middle of all this chaos, Jay. You know, it really is.
Jay Conner (25:19): That is awesome. Thank you for giving us the overview. Now, you’ve got a free ebook for our audience and listeners. So what’s the ebook that you’re offering to everybody?
Dave Seymour (25:29): Yeah, you can see right on the screen there. FreedomVenture.com that’s our front door to our website spend a little time there. Learn a little while you’re there. Scroll down to the bottom of that page and you’ll be able to download a free ebook that I wrote with my property manager. Guy by the name of John Dessauer. He is out of Chi town, Chicago. John manages approximately 3 million square feet of multifamily real estate. He’s been an active investor himself for over 20, 25 years now. We wrote that book together. It’s called Unlocking The Code To Multifamily Investing. It’s an easy read. It’s not too heavy, but it will give you the high points and it will show why investors want to invest with us. It’s protected, you know, there’s a security there. They don’t take the the liability that most investors who were actually own the assets themselves, they own a piece of the company that owns the assets. So it’s a, it’s a smarter play big picture for a lot of investors who don’t have the time to get, to get their hands dirty like we have in their careers, Jay.
Jay Conner (26:38): That’s awesome! Well, it’s been a pleasure to have you here on the show, Dave. Final parting comments.
Dave Seymour (26:45): Yeah, just know that it’s gotta be okay. It’s gonna take us a little bit of time. And so always educate don’t speculate, right? Work on the education, understand what you’re investing in, but don’t be somebody who just analyzes all the time and doesn’t do anything. All right. Take a little action. Get off the couch and get in the game. Cause there’s the best game there is. I think.
Jay Conner (27:07): That’s great! Well, there you have it folks, Mr. Dave Seymour, again, you can follow him. Get the free ebook and also find out about investing opportunities at www.FreedomVenture.com. Thanks again, Dave. Good to have you on.
Dave Seymour (27:29): Appreciate you man. Thank you. God bless. Have a great day.
Jay Conner (27:32): All right, there, you have another show folks. I’m Jay Conner. The Private Money Authority. Wishing you all the best. Here’s to taking your real estate investing business to the next level. We’ll see you on the next show.