I started to see, and the more investor capital started to present itself.
SHOULDYOUPAY FORMASTERMINDS? I won’t join a mastermind unless there is a fee. Yes, you heard me correctly. I won’t join anything that is free to attend. I have found that the quality of the room is much different when everyone sacrifices something to be there. As my number of quality relationships has increased and the trust among them has compounded, the ben- efits have far exceeded any cost. Benefits of a master - mind include: • More quality deals to both invest in person- ally and present to my investor network. • New friendships that will certainly be lifelong. • An improved mindset and deeper spiri- tual faith due to challenging and enlight- ening conversations with new people. • Speaking opportunities that have helped me grow my brand and further extend my network. • New and better business ideas that have made me hundreds of thousands of dollars and certainly saved me thousands of hours. HOWTO FINDAMASTERMIND? There are several great masterminds for real estate investors. I recommend searching for a mastermind inside of a particular niche or practice that you are involved in. For example, if you focus on wholesaling, look for wholesaling masterminds. Do your research on the types of members already inside the group and make sure you align with the core values of its members. When determining if I should join a mastermind, or go to a conference, or even invest in more coaching, I always ask one question… Does the investment I am making into myself and into my network have the poten- tial to return ten times my investment? If the answer is yes, then I move forward. It’s never about price, always about the return. •
Ellis Hammond manages a private network of investors seeking passive investment opportunities in multifamily syndications across the United States. Ellis is passionate about the intersection of faith and capital and hosts a weekly podcast show, Kingdom REI, in order to educate and inspire other investors and entrepreneurs to see capital as a means for greater Kingdom influence. To learn how you can invest alongside Ellis and this community, visit EllisHammond.com.
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