How to Raise Capital the LEGAL Way with Attorney Bethany LaFlam




Self Storage Income show

Summary: <p style="font-weight:400;">Welcome back everybody to the Self Storage Income Podcast! I’m your host AJ Osborne! </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Just a heads up - if you plan on raising capital to fund deals… you NEED to listen to this episode. </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">We hear it a lot in real estate investing - “you don’t need your own money to get into real estate invest!”, or “get into real estate investing with low or no money!” So of course this means securing capital to do deals from another source - this means using other people’s money, or OPM. </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Seems pretty straight forward… you have a deal, know the numbers, and know how much capital you need to secure to execute, and now you just need to secure that capital from others. Now enter the U.S. Government and regulation… (that escalated quickly!). </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">This isn’t some big scary warning meant to discourage you from using OPM or raising capital, but it is a statement - as with anything, you need to know what you’re doing to ensure you do things right. Which is why we have an incredible guest on the podcast today my friend and attorney Bethany LaFlam. </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Bethany brings with her today over 20 years of experience in law centered around real estate syndication and funds. If you plan on raising money to fund your deals this is the episode you won’t want to miss. We talk everything from the various structures in which you can form a deal and raise money, to the importance between these structures, what you can and can’t do within those structures, and more.  </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">If you’d like to connect with Bethany and her team with Premier Law Group, you can do so here:</p> <p style="font-weight:400;"><a href="https://us-east-2.protection.sophos.com/?d=premierlawgroup.net&amp;u=aHR0cHM6Ly93d3cucHJlbWllcmxhd2dyb3VwLm5ldC8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=REdjQTNzblFUTW92aXdIWGNOUGZCdHpFYmRTOGxPL1Q5cHI5NHU5a2xxaz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">https://www.premierlawgroup.net/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Thanks everybody! </p> <p style="font-weight:400;">AJ </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;"> Invest with Cedar Creek:</p> <p style="font-weight:400;"><a href="https://us-east-2.protection.sophos.com/?d=investnext.com&amp;u=aHR0cHM6Ly9jZWRhcmNyZWVrd2VhbHRoLmludmVzdG5leHQuY29tL3BvcnRhbC9jYXBpdGFsX3JhaXNlLzM1OC8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=cE94aTQyRlFIaDRsTmFvMjkvSkRNZFFRblpnK2lUN3BWWlkreW13ai9VUT0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">https://cedarcreekwealth.investnext.com/portal/capital_raise/358/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Success doesn’t happen on an island, which is why I’ve launched the CRE Circle. Build your community, your resources, and your commercial real estate investing opportunities. That first or even next deal could be right around the corner. You can learn more about the CRE Circle and sign up here: </p> <p style="font-weight:400;"><a href="https://us-east-2.protection.sophos.com/?d=thecrecircle.com&amp;u=aHR0cHM6Ly93d3cudGhlY3JlY2lyY2xlLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=WVdMQ2dHY1NReWFWT2lsUENuL0FNUEcrUFlWUk5LbUpXODk0cjh3MnNVbz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">https://www.thecrecircle.com/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Want to pick up my best selling book for free? You got it - just head over to the Self Storage Income website and download your free copy here: <a href="https://us-east-2.protection.sophos.com/?d=selfstorageincome.com&amp;u=aHR0cHM6Ly9zZWxmc3RvcmFnZWluY29tZS5jb20v&amp;i=NWNlM2JlM2YyZmJlOWIxNDkzZTAxMWUx&amp;t=c25BYTY4b1FLTFIwVFVRdTJGakpONElwUEh1aXYydy9LN0tTdHNoZkwxUT0=&amp;h=de26d3fb04ca4086b0e22454c42d1050">https://selfstorageincome.com/</a></p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">Be sure to go to <a href="https://us-east-2.protection.sophos.com/?d=selfstorageincome.com&amp;u=aHR0cHM6Ly93d3cuc2VsZnN0b3JhZ2VpbmNvbWUuY29tLw==&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=R2JHVjlOOWxSZndsR0YyR1YvZEJKUjJxb3Mvc2JldThDOTdrb0JqWWhjQT0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">Selfstorageincome.com</a> to get your free copy of my Self Storage Playbook. This step by step playbook walks you through from start to finish - how to identify a self storage market, how to perform due diligence, how to contact a current owner, and ultimately how to land a deal and purchase a storage facility.  </p> <p style="font-weight:400;"> </p> <p style="font-weight:400;">You can also find the Self Storage Income Podcast on:</p> <ul style="font-weight:400;"> <li><a href="https://us-east-2.protection.sophos.com/?d=apple.com&amp;u=aHR0cHM6Ly9wb2RjYXN0cy5hcHBsZS5jb20vdXMvcG9kY2FzdC9pZDE0ODI2NjM5MTg=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=MjUyZmVNdThiM3dzOXNVNlBCYStwL3R0Kyt2aHZCbjZCY2ZsRURMQU1SMD0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">iTunes</a></li> <li><a href="https://us-east-2.protection.sophos.com/?d=spotify.com&amp;u=aHR0cHM6Ly9vcGVuLnNwb3RpZnkuY29tL3Nob3cvNGNxNENmakZZa25hZ0dlY2EyNGc3Zg==&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=TFVIK2xTaXJQLzVPU0lZMll3NUM4YjBRUXlpL3NpVXcwMXNjU0ZTU3hVaz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">Spotify</a></li> <li><a href="https://us-east-2.protection.sophos.com/?d=stitcher.com&amp;u=aHR0cHM6Ly93d3cuc3RpdGNoZXIuY29tL3BvZGNhc3Qvc2VsZi1zdG9yYWdlLWluY29tZQ==&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=bFgyaHl3RVBEUHhkWmxVRmIrM29UckJsYVRWRDNWOVJValMrb01WRlkyYz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">Stitcher</a></li> </ul> <p style="font-weight:400;"> </p> <p style="font-weight:400;">The Self Storage Income Podcast is Sponsored by:</p> <p style="font-weight:400;">Janus International - <a href="https://us-east-2.protection.sophos.com/?d=janusintl.com&amp;u=aHR0cHM6Ly93d3cuamFudXNpbnRsLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=a3d2S3UvdkhNSjUrZUk1ZlZsL3Q4NVZnTHRTZzc0WHlrRTkvQ0VzZjRuYz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">https://www.janusintl.com/</a></p> <p style="font-weight:400;">Live Oak Bank - <a href="https://us-east-2.protection.sophos.com/?d=liveoakbank.com&amp;u=aHR0cDovL2xpdmVvYWtiYW5rLmNvbS9pbmNvbWVwb2RjYXN0&amp;e=Y29ubmVyc0BidHJob2xkLmNvbQ==&amp;t=U0xmTk96OU1xcytFM2ZOYUd6dXY4VklqUm9aYkxtSXJVd0lhVFd4MHptQT0=&amp;h=0dbe9a8aa4414a0c98a7eda04a1ac5bd">liveoakbank.com/incomepodcast</a></p> <p style="font-weight:400;">Tenant Inc. - <a href="https://us-east-2.protection.sophos.com/?d=tenantinc.com&amp;u=aHR0cHM6Ly93d3cudGVuYW50aW5jLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=RThocmwvQ1BSU0JTeGIvRFlUZnpEUUFuVWdNQzcvSUNuOXFOV1ZGV1dGcz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">https://www.tenantinc.com/</a></p> <p style="font-weight:400;">Cedar Creek Wealth: <a href="https://us-east-2.protection.sophos.com/?d=cedarcreekwealth.com&amp;u=aHR0cHM6Ly9jZWRhcmNyZWVrd2VhbHRoLmNvbS8=&amp;i=NjFiYTc3NGRlNDYzYzgwZTQ2ZmU2OTg5&amp;t=MDl4Y3lzdEpGQU5VZjVHY1ZmOUIwVXBjR0lVVkY2a29CZm1PUFV0dnhTYz0=&amp;h=97964d40fc53410ba391d78c4fbd8e6d">https://cedarcreekwealth.com/</a></p> <p> </p>