Single Family BRRRR mastery to Commercial Operators with CJ Calio
- E67
- 40:57
- July 20th 2021
Join Vince and Steve as they chat with CJ Calio about mastering the single-family BRRRR method and transitioning to commercial leasing. CJ is a licensed real estate agent, a buy-and-hold specialist, and the owner of WNN Properties LLC. WNN Properties focuses on buy and hold, out of state, long term cash flow for investors. Here, they provide real estate mentorship and consulting for those who want to grow their portfolio with limited capital. Not only that, the company is run by active real estate investors who will lead through action and hold clients accountable to achieve their goals. Today, Cj shares his journey, from working W2 jobs to becoming a full-time real estate investor. So, if you are looking to build your investing portfolio, stay tuned and enjoy the episode!
About CJ Calio:
CJ Calio is a buy-and-hold, out-of-state specialist who focuses on creating portfolios of cash-flowing-producing properties. CJ and his wife, Jasmine, are the proud owners of WNN properties LLC, a mentorship/consulting company that works with busy professionals to create passive income through real estate. WNN Properties has done over 600 transactions in real estate valued at over 20 million dollars in the past six years.
CJ and Jasmine have recently quit their day jobs and live their dream of being full-time investors while spending more time with their three beautiful children. CJ has over five years of trained experience in marketing and sales as a real estate agent. Meanwhile, Jasmine holds a master’s in business and another in adult education. In addition, they hold monthly meetups called the West Side Meetup Kapolei and speaking events all over the island.
Outline of the episode:
● [02:05] What got CJ into real estate investing, and why he pursued passive income
● [05:49] The biggest obstacle that he had to overcome along his cash flow journey
● [09:42] The power of networking and why CJ got into commercial rental properties
● [14:04] How he used the BRRRR strategy as a pivoting point into larger-scale deals
● [17:15] The advantages of using cash when competing with other investors
● [18:28] CJ’s story behind their major commercial BRRRR, one of his favorite deals
● [22:18] Why having problem-solving skills is essential in becoming a successful entrepreneur
● [24:48] How he navigated through 2020 with a niche market like commercial properties
● [26:49] What to keep in mind when transitioning from a residential market to a commercial one
● [29:50] CJ’s experiences working with his spouse and running a business together
● [31:48] The best book CJ Calio recommends to the audience
● [32:50] CJ’s superpower of persistence and its influence on his vetting process for potential “elite connectors”
● [36:53] The most important lesson he has learned in his career so far
● [37:43] His advice for the busy working professional to achieve financial freedom
● [39:03] The best way you can get in touch with CJ Calio and learn more about his company
Resources:
● Extreme Ownership by Jocko Willink and Leif Babin
● The Dichotomy of Leadership by Jocko Willink and Leif Babin
Connect with The Cashflow Project!
● Website
● Youtube
The Cashflow Project
This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.
To learn more about us, visit tricityequity.com