Welcome to our latest episode! Today, we’re thrilled to welcome Jonathan Wei, CEO and Founder of Greystone Capital Group. With over 2,300 multifamily units, $100M+ in real estate assets, and extensive expertise in both residential and commercial real estate, Jonathan is a true powerhouse in the investment world. He is also the host of the “Building Wealth Through Commercial Real Estate” podcast and a mentor to aspiring investors through his Greystone Mastermind program.
In this episode, Jonathan shares his journey from a successful corporate career as a tax professional to becoming a prominent figure in real estate investment. He dives into his strategies for identifying lucrative multifamily and self-storage deals, navigating challenging markets, and fostering a legacy mindset for long-term wealth. Jonathan provides invaluable insights into how he manages properties across multiple markets, the importance of mentorship and networking, and why he’s pivoting his focus back to multifamily and industrial properties.
Whether you’re a seasoned investor or new to commercial real estate, this episode is packed with actionable advice to help you build a diversified and profitable portfolio.
Tune in now to learn how Jonathan Wei continues to create opportunities in real estate while inspiring the next generation of investors!
HIGHLIGHTS OF THE EPISODE
00:00 – Welcome to the Big Mike Fund Podcast
00:21 – Guest intro: Jonathan Wei
02:07 – From corporate America to real estate
03:50 – First steps in multifamily investing
06:12 – Recent Dallas multifamily acquisition and rent increases
09:00 – Challenges and insights in the self-storage market
12:37 – Transitioning to industrial and triple-net lease properties
16:40 – Managing properties across multiple markets
20:10 – Building partnerships and fostering a legacy mindset
24:22 – Recommended books and Jonathan’s Mastermind program
27:38 – How to connect with Jonathan Wei
If you found this episode substantial and want to dig deeper into real estate, or maybe you want to discover better investment opportunities, be sure to check out www.tempofunding.com.
CONNECT WITH US:
Website: www.tempofunding.com
Youtube: https://www.youtube.com/channel/UCnJkdVoOsUy85ydkmot9iVA
LinkedIn: https://www.linkedin.com/in/mzlotnik/
Facebook: https://web.facebook.com/TFmanagementgroup/?_rdc=1&_rdr
X: https://twitter.com/management_tf
CONNECT WITH THE GUEST
Website: https://greystonecapgroup.com/
Instagram: https://www.instagram.com/jweibase/?hl=en
Full Transcript:
Intro: Welcome to the BigMikeFund Podcast, where you’ll learn about advanced wealth building strategies from real estate investing to creating massive ROI and secure retirement profits. So pour yourself a cup of coffee, grab a notepad, and lean in. Because Big Mike has got the mic, starting now.
Mike Zlotnik: Welcome to the BigMikeFund Podcast. I’m the Big Mike, Mike Zlotnik, and today it is my pleasure and privilege to welcome Jonathan Way. Hey, Jonathan. Welcome.
Jonathan Wei: Hey.
Mike Zlotnik: Thanks for coming on, on the podcast, Jonathan, uh, you, you hail from, uh, Dallas, Texas, Dallas, Fort Worth area. And just a quick intro. Um, you started in residential real estate in 2003, discovered a passion for, uh, that’s when you discovered a passion for real estate in 2018.
Uh, you extend into commercial real estate founded Greystone Capital Group, which specializes in multifamily and self storage facilities. Uh, you have over 2, 300 units, uh, over a hundred million dollars in, uh, real estate in those two strategies. From what I understand, your properties are in multiple markets and you have your own podcast called Building Wealth Through Commercial Real Estate. So welcome once again.
Jonathan Wei: Yes. Thank you very much, Mike. I appreciate you coming on the show.
Mike Zlotnik: So before we dive into what’s going on in your strategies, your markets, um, a little bit about you. Uh, you live, family, kids, cats, pets, whatever works for you.
Jonathan Wei: Yes, sure. Um, I am. I’m a family man. I have, uh, one daughter. Um, she’s age 11 now, turning 12 soon. She was born around Halloween. So, so I love October because of the start of autumn, which I love. When I grew up in New Jersey, there’s a fall leave. I grew up in Sydney, Europe. There’s autumn, beautiful foliage. Going to Massachusetts is very beautiful. So I love autumn for that and also for the fact that my daughter was born in this month.
Yeah. Thank you. Thank you. So that’s why I’m very, uh, it’s a special month for me and, uh, yeah, so that’s why I love October. So, so yeah.
Mike Zlotnik: Very cool. Um, yeah, I’m in New York city, uh, resident for a long, long time and I used to live upstate New York. So beautiful. I agree with you. The, uh, the colors are just gorgeous. So
Jonathan Wei: yes.
Mike Zlotnik: Um, so what markets do you invest in? And that next thing is what, what cities, towns have you invested in? What do you like today? Um, and then it could be different for multifamily versus storage. Those are two very important asset classes and they work a little differently.
Jonathan Wei: Uh, yeah, that’s a great question. Um, for multifamily, I am, I’m headquartered in Texas, a Lone Star State, where I primarily invest. I just closed one recently, a 32 unit class B in Dallas, like only a couple of weeks ago. Um, and I also invest with my partners, um, Outside of the Texas because I’m I’m a mentor. I’m a coach. So I have many students are members of a mastermind that are best outside the local jurisdiction.
So it could be in Indiana. It could be in Columbus, Ohio in the Midwest and Southeast. So if it’s a good opportunity, I’ll help them. I’ll help them on a deal and part of them on a deal outside of my of my home state.
Mike Zlotnik: What’s the deal size typically on multifamily and then storage? So it sounds like you, you look at some, uh, smaller apartments or, or is that just an example of a smaller apartment complex? What did you, what’s your sweet spot? What kind of. How many doors?
Jonathan Wei: So I realized that it’s not necessary, even though ideally I want 100 units or higher for scaling and the payroll for management, but I don’t mind doing a smaller 1, especially near my home because we have a lot of resources. We have a base.
We have a good management here. I have a lot of vendor contacts where I live. So if it’s in the DFW area, I don’t mind doing like from 40 units. I can go up to 200 units. But if it’s a really, so it looks, I look at the quality of the asset, I look at the price per door, I look at all the factors, and if it’s a really good deal, I 40 unit because actually you could equal or do more in a 40 unit than a 200 unit apartment, apartment deal. It’s from my experience.
Mike Zlotnik: Yeah, I appreciate that. And you touched on a couple of points here, which are really, really important. One is, um, feeding the ground and, and, and being in the market where you have ability to execute, uh, and. Uh, economy of scale. Some people prefer bigger deals because of the economy of scale, but you can execute well on a smaller projects.
I guess it’s an easy execution, especially if it’s local. That, that, that’s, that’s an important observation. So how do you, how do you, what’s a good deal today or hopefully a great deal? Cause basically we know what happened last couple of years, higher for longer interest rates, markets have dislocated. So how do you know you’re buying a great deal today? Uh, with high confidence that it’s a really strong deal.
Jonathan Wei: Yeah. Um, the one we did last, uh, deal was a really strong deal because we look at, um, the comparables based on Co Star and also local market data from Yardy Matrix. And we talked to a lot of sales brokers. And since it’s a local market, we do a lot of underwriting.
We underwrite every single deal that comes to market on and off market. So we know in the back of our neck, our head, what’s the price per door should be for a class B. Now, in Dallas, we got up for 62 and a half a door, which is very, very good basis, because you won’t get nothing for more than like, I think, 90 a door.
The lowest I’ve seen was 90, 92 a door. I know more common is 115 a door. 120 is what I see more common. So if you get like anything below, I think, 70 a door, 80 a door, that’s considered very good value. And given that we drove the property, it was very little deferred maintenance, just some old HVAC, which we can, we can change over time as they, as they break down.
Um, that was considered a very good deal. So even the small, even though it’s a smaller size deal, but since it’s local, we have good management locally here. Uh, I only look at open like a 40 minute drive. Uh, we have a team here, so, uh, we have confidence we can execute the plan very easily and, um, get a low price per door so we can deliver, like, you know, two and a half acts and maybe three to five years or so.
So that’s what we’re looking at. And, uh, we are already achieving the rent bumps. We increased five, uh, renewals that was due when it took over. We had, like, five years due in, like, two weeks. Because we closed it around September 20th, I think they do like October like first or something, you can like notice, so the following month, but this five, we gave them like a 200 rent bump, and they all agreed to stay.
So that’s very good that the people who lived there long term, they know that they got, they got away with like, you know, low rents and now the new shelves in town, and we have new rules. And they have to listen to bye bye rules, you know, that or they move. So they, they, they created 200 rent and break bumps.
And it’s very similar to when I was living in Regal Park, I rented for one year. When the, a new owner bought it from Teaneck, New Jersey, where I grew up in. Um, effectively, the, the increase was like 300, 400 in my, in my rent. I think for not increase in a regal park, a small apartment in Queens, and we left because obviously, um, I bought a house in back in New Jersey, but they increase it significantly when you, when you, when you own takes over basically.
Mike Zlotnik: Yeah, I appreciate that. So, in, in the Dallas property that you just mentioned, what was the previous rent? So 200 increase, uh. Relative to what they, to what previous round, without any more, they have to do a turn. You have to do at least turn renovation, or if people already live there, they just extend the lease.
Jonathan Wei: Uh, it’s just extend the lease. So let’s say the family live for like 5, 10 years and they’re happy. And we just say, hey listen, your rent went from like 650 to 850. And that’s a big bump. That’s a huge bump. And they can actually afford it. That’s, that’s, that’s the, when you go from 1700 to 1900, that’s, that’s, there’s a percentage less of a pressure point than from 650 to 850.
Yeah. Yeah. So apparently they can afford it. Now, one of the old manager had a son and we increased like 200, I think 150, 200 from like 700 to 900. Now, she can’t afford two apartments, so she told us to move in with her. And then the other one, we’re renovating it. And we’re going to rent out the, we’re going to pay money, cost money to renovate the terms and rent it out fair market value, which is probably like around 200, 300 increase in your rents, probably 300 increase, most likely. So that’s, that’s considered a good deal.
Mike Zlotnik: Yeah, I, I, I could see if you have rents below the market and you are buying them fairly low price per door, um, then it, it, it feels like a good opportunity. Obviously, uh, I, I, I don’t know what the area, is the area, I guess, called safe area, good area? Because essentially when you go into less expensive areas. Sometimes it’s a little, a little bit rougher areas. That’s the general.
Jonathan Wei: Yes. Yes. Yes. And that’s a good, good, good point. Uh, it’s a little rougher. It’s just, it’s a, it’s a, it’s a Hispanic area. Um, but we spoke to the previous owner and the local manager, and there was no crime in that. In that area, in that building, so we know that that’s relatively safe.
Uh, now if you go maybe 15, 20 minutes away, and that may be a different story, there might be more crime there, but in this sub market, in that building, within that one minute drive or so, it seemed like it’s safe and no one, I mean there’s no gates, there’s no like, you know, metal windows like you see in Queens and New York and Bronx. It’s nothing like that. It’s just a regular apartment and people are happy.
Mike Zlotnik: Yeah, I appreciate that. I guess it’s an important element. Part of the underwriting is to make sure that that’s a pocket. Well, New York, again, this is, this is Dallas. Uh, it’s different. Yeah. You, you would go one, two blocks and you can change from pretty good area to To a so so area and then into a bad area because it’s a city.
The city, things can change really fast because it’s so concentrated. So the transition from one area to another can happen fast. But I assume it’s a similar concept in Fort Worth.
Jonathan Wei: Yeah, and also this is on a path of progress, kind of like, um, Williamsburg back then was a bad area and get gentrified through now a lot of nice coffee shops and everything else. So I, I feel like this area in the next five years will gentrify and become a little nicer and, you know, a nicer part of the Dallas area.
Mike Zlotnik: I like your thinking. I like the path of progress thinking. If, if, if you, if you have that insight, then you can have a significant value, uh, upside. I appreciate that. So let’s continue the conversation.
Uh, what do you see in storage? You got anything interesting going on in storage? So multifamily, I assume you got some, you got a really good price per door, obviously. Um, by the way, did the price correct in Dallas Fort Worth and how much has it corrected? Cause I, I’ve heard stories that Dallas Fort Worth has been pretty. Pretty resilient. Multifamily hasn’t corrected the same way like Houston or Austin corrected.
Jonathan Wei: Yeah, I think Dallas is the number one, a lot of people say the number one multifamily in America because because we have people from New York coming down and California. So Toyota moved here. I see Goldman Sachs moving a lot of headquarter chase.
I see Liberty Mutual. I see a lot of Fortune 500 companies move down. Why? Because it’s too expensive in New York City. Too much things going on. They want a more friendly environment and that’s and the government’s giving some incentives to move, right? So Tesla moved down here. So, um, and Dallas, we’ve been relatively, um, so everyone’s talking about this distress, so called distress that never came because behind the scenes, They were doing some loan modifications with the big lenders in New York, like Arbor, right?
Arbor Lending or one of these big guys like these Meridian and everyone, uh, Freddie Mac, Fannie Mae. And what happens is that they’re doing a lot of, um, behind the scenes sort of loan extensions or sort of doing a lot of modifications that we don’t see that basically they didn’t, they didn’t collapse like the Great Recession.
Um, and some of the bigger, very large syndicator who has vertical integration, a lot of these lenders know and directly say, I want you to just take it over because this, this team can’t do it. And I know, I know you’ve done 72 of us. I trust you. So, behind the scenes, they do some kind of switching over of GPs, but those have to be very large.
You have to prove to them that you have a vertically integrated, uh, you know, great management team. And that’s, those are the ones that, that they will afford to have those kind of abilities. So that’s what’s happening. I asked a lot of people in brokerage world, went to the largest conference here, old capital, and there’s not too much distress, which I, people were saying distress is stress, but I don’t see no distress.
Um, so that’s why for me it was like, well, look, we got, we got an off market. So I’m talking about off market opportunities is what I’m doing with my team to get these deals. And I also, like I said, do a lot of partnership work, but I have mentors. I have a mastermind group that I do a lot of network with where I can get.
Various deal made to my wholesaler or something and I have a whole network. I can get a lot of deals We can continue to do a lot of deal flow That’s what I offer to my students that you hey, once you come in You can have a lot of deal flow a lot of a lot of pipelines basically.
Mike Zlotnik: Yeah understood. So that’s a multifamily front Storage, are you seeing anything interesting in storage? You’re seeing opportunities What are you doing in storage nowadays
Jonathan Wei: Uh, storage is a little different story for me. Um, the way I see storage is that, uh, I’ve been running them since COVID. That’s when I first started. And the reason why I got into storage was because, um, at the time multi family was really, really hot and they wanted a lot of very high price, fairly aggressive, rich loans, very aggressive.
And I didn’t feel like I’m not going to overpay, hurt my investor return. I’m not going to take a risk to take a bridge and adjustable rates. If something happens, then we’ll be in trouble. So I took a reconsidered approach and I said, you know what, I want to go into a lot of self storage for self storage.
I heard was really good. Uh, because you get divorce, downsize, uh, it’s, it’s, it’s recession, um, uh, resistance and I heard a lot of good things about self storage. So I learned about through a partner of mine and I bought like a lot of properties. We’ve been, I’m also a partner in a, we built one in Charlotte, a brand new one, and it’s doing fairly well.
So most of mine are okay. I only have one that, um, it’s kind of like, it’s a little bit, it’s kind of like struggling. Uh, it’s due to the fact that there’s higher interest rates, slower home, home sales activities. People are, food is expensive, so they’re trying to pinch a penny, sometimes they don’t, they don’t, they either sell the RVs, they don’t need the space, or they want to save the money and don’t, and just put it in their mom’s house or something, you know.
So what happens is, Storage is not as to me, it’s not as strong as multi families, but you need to live. So when my, so my strategy now is I’m in a process of, I may consider, you know, probably sell my portfolio in Texas and just hold only one portfolio now until several years later. But that’s what I’m doing right now in my store.
So I’m not acquiring any more storages in my view. I feel like it’s kind of like, It’s at the peak and you got to hold and maintain it until rates drop, either refinance or sell it down the road and exit to get my capital back. And I’m going into like industrial triple net, which is a new asset class for me, but it’s not that new because we’re, uh, industrial warehouses is the big brother of self storage.
So it’s just a big box like a self storage and you just went to like more like HVAC companies and mid sized companies or small companies that could pay you on a yearly basis. So it’s not that new for me. It’s just something that I’m looking into because I can see some opportunities there as well. So I’m looking at more industrial, triple net, Lex warehouse. And go back to multi family, my core, what I’ve been doing.
Mike Zlotnik: Yeah, I appreciate the explanation. Sounds like you, uh, you’re more of a seller in the storage market than a buyer today. And yeah, I, I, the observation is, uh, is absolutely accurate that, uh, we haven’t seen the usual, uh, Demand drivers of storage, uh, which typically, uh, recession drives people to move around, right?
Uh, or some, some kind of a change. Employment has been full, people not losing jobs, so demand for storage has been, it’s all, it’s all local, and, and the, the, the storage is all, uh, one, three, five mile radius, and, uh, it, it’s, it’s kind of interesting what you said, but what I do concur with, we too on the commercial side like, Longer term leases driven industrial, even, uh, open air, uh, retail, they have multi year long term tenants versus self storage is really, really month to month.
Yes. So you need continuous, uh, drivers of the demand and, and, uh, it’s kind of, uh, interesting. It’s a different play, even though there are no tenants and toilets. It’s a beauty and a curse. When the demand is hot, you can push up rents. Up fast when demand slow slows down, uh, where there’s a lot of competition, you wind up battling with the, uh, bigger storage reads. It’s kind of interesting depending on the market. Yeah,
Jonathan Wei: yeah, so it’s all local driven. And if you, if you have too many reads, it’s going to hurt you overall, and you’re going to drive prices down. And what happens is everyone’s going to suffer in that local market because the city don’t care if they want the tax dollars.
There’s no moratorium for you to build, you can build like, whatever. So what happens is, it’s not really a good play, especially in Texas, I feel like it’s oversaturated. So I, I think it’s, it’s, for me, I think it’s time to exit and sell. Um, and for anyone who’s new, I say be careful, do your research. If there’s a lot of players in the market, I say don’t, don’t, don’t buy it because you’re gonna get hurt, basically. So, and don’t build a brand new one, you’re gonna get hurt too, so.
Mike Zlotnik: Yeah. That’s been, uh, one of the biggest misunderstandings people didn’t understand really, if you, somebody builds a big, or you build a storage facility in a given area and you oversaturate that area. It takes years, many years to build up the demand to absorb all the supply.
So you have to be ultra, ultra careful there. Um, so don’t go back to the multifamily. How you manage properties. In multiple markets. And, and what markets do you like? And the reason I say this, this model that you are, uh, talking about, uh, it’s been popular popularized, uh, with many, let’s call a masterminds of communities where, uh, you could be a Dallas investor buying property in Atlanta where you have.
Basically a property from a few hundred miles away to five hundred, a thousand, even more miles away. How do you manage these projects? My observation has been in the last couple of years, it’s been harder. People have been complaining about property management. It’s one of the most difficult elements. And unless you have a local feet on the ground partner, how do you manage all the construction, renovation, even managing the manager?
Because we all use third party property managers, they’re the best in town. Well, there is some wisdom hiring third party and then you find out that they hired guns, they have limited motivation, they got often bigger fish to fry or they get some incompetent people and you don’t even know your property is under managed. I’m just curious how, how do you do this?
Jonathan Wei: Yeah, so I can tell you that, um, okay, so let’s, I’ll give you a little brief background on what I’ve done. For my, the one that I done, I led as a lead sponsor. I bought it, um, when I was in 2019 and I saw all the ones I managed directly, which is mostly in Oklahoma city and Dallas area, Oklahoma city, which is three hours drive from me.
And I used to go to myself and watch it myself and I had cameras and I had a local part of the manager team there. And I decided in by September, 2022, everything will be sold because I had some foresight and six cents saying that in 2023. Multi fam is gonna die nose down, and I was correct. I was correct about my assumptions.
Because as you can see in 2023, it wasn’t good, 2024 it’s still kind of not good. So, um, I decided to sell all my portfolio in 2022 by, by like the October time frame, October 1st around there. And I sold every single one of them I had, which is a lot. And then, um, I just partnered with my, some of my students and some of my mentors and my network.
And I was either a key principal, meaning balance sheet guarantor. I helped them maybe raise capital or the deals. Um, stuff like that, those mentoring roles and some other roles. Um, but what, what, but how, but back to your question, how do I ensure that they manage it well and they do well? Well, my, one of my, my friend has one Oregon.
She lived not too far away. She has a great local manager to a party. They did the excelling at it. They’re like a hundred percent full paying high cash and cash. I mean, more than 7 percent exceeded projections of doing very well. Uh, the deals I do with my mentor. Yeah. They’re a very strong asset manager, very strong team that built for many years.
Um, they have a base already in, in the Columbus, Ohio and Louisville, Kentucky, and some other areas they did twin cities. And, um, since they have very strong reputation and strong experience many years in there, they’re probably an asset man who manages them. Uh, it’s on, it has a very sort of a kind of clockwork procedure, you know, um, this is what you gotta do, this is what you gotta do, here’s a punch list, weekly meetings, KPIs, I’m on a monthly meeting with team to, you know, as part of CodeGP to just, uh, help understand, ask questions, make sure when, make sure it’s running well.
Do investor relations, you know, a lot of things. I’m part of the team. So I do a lot of work as well. Sometimes I fly out there, but want to just check on the property. Um, but it’s doing it’s doing well. It’s actually meeting or exceeding projections. So the ones that I do people who I know for many years.
Well, I have a relationship for many years and I trust them and ability to execute. And these are people who taught me how to, you know, how to do this business. Uh, and some of the people who are new or let’s say I went in Dallas, have my partner’s new, I’m teaching him how to do that. But since I live only like an hour away, I’m, I’m, I’m, I’m right here. So, so it’s close by. So that, that’s how I do it.
Mike Zlotnik: Yeah, I appreciate the explanation. So, uh, it, it does make sense. I guess you partner with people. You, you basically bring in local partners and, and again, I’m, I’m not familiar with your model, but it just, just hearing you out, you partner with various folks, some of your students, some of your mentors, and in the markets where there are local, at least you have somewhere feet on the ground.
And then a partner brings in, uh, Uh, either a loan guarantee or brings in some kind of expertise or capital raising. That model has been around, uh, for quite a while. And it’s a little different from some of the bigger shops that basically have everything in house, uh, versus you break up the duties between multiple partners.
And, uh, yeah, so interesting difference between let’s call them larger Uh, in house organizations versus what you do, which is a little bit more of a partnership model. And then you also, uh, focusing on one somewhat, let’s, let’s call it smaller range per door. Um, 100, 100, maybe last, maybe more, you’re not shying away from very small assets.
Some other folks completely, unless they get a really larger deal, they just don’t do it because of the economy of scale to you. It’s. It’s more of a smaller deal. You can get a better deal, more precision. So, I, I, I certainly understand that.
Jonathan Wei: It, it, it’s also about legacy, right? Because we, if we get smaller investors and we say, Hey, Mike, it’s just me, you, and my friend.
Let’s refinance in three years, hold it long term as a legacy asset. We, we, we, we can do that. You see what I’m saying? It’s more like a, me buying a Brooklyn, Brooklyn house that’s four, four plex in Brooklyn. Rent it out and hold long term. We, we, we can, it’s the same concept.
Mike Zlotnik: Yeah, yeah, I understood the generational legacy asset. You have to pick the right asset. At the end of the day, I see people, uh, you have to be very careful if you want to hold this one for a long time, either great path of progress, like you said, or is it easy, easy to manage? So if you have an easy, easy to manage property. Uh, it may be a consideration. But the reify path is cut in a way harder.
It’s one thing that, uh, the strategies where we reify, get all the principal out, and then hold it essentially with no cash in is It’s, it’s a little, a little under pressure. Maybe it’ll come back. Yeah. So, uh, just a couple of words about what’s the best way to reach out to you. Uh, do you have also a good book to recommend, uh, sort of, uh, what’s it, what’s your website, any other way folks, if they want to reach out, talk to you and you said mastermind, you’re running a mastermind community. Can you talk a little bit about that?
Jonathan Wei: Yeah. I, uh, my company is called Greystone Capital Group cause I grew up in New Jersey, Teaneck. And I worked in New York City most of my life. I’m a CPA. I went to Rutgers University. I worked at a big four, PricewaterhouseCoopers and Madison Avenue, and I worked in soft gen investment banking and New Edge.
I was the head of tax. And during that time, I had kind of like a midlife crisis. I said, you know what? I’m not happy. I’m tired of the rat race. So I, you know, I read Rich Dad Poor Dad, um, and how to become real estate, become a real estate entrepreneur. Think and Grow Rich, Napoleon Hill. I recommend those two books and I changed my mindset.
I hired a mentor. So I think if you need a mentor, how to underwrite, how to raise capital, how to scale your business, then I have a coaching program, Mastermind, called the Graceful Mastermind. Uh, it’s on my website, graystonecapgroup. com, and it will help you accelerate your, your learning. So instead of you figuring it out yourself, we can accelerate you in a shorter time frame.
And also be part of doing deals so that you can grow your network, you know, so you practice what I teach you, but you also do deals together. So you actually grow together inside that mastermind program. So greystonecapgroup. com.
Mike Zlotnik: Greystone Capital. Those two books are awesome. You can guess it. The, uh, Napoleon Hill is just classic.
This is, it’s been around for a long, long time. Yeah. It reached that point that it’s, it’s a wake up call for a lot of folks who have been doing what you, you, you. I read the same book. It was very inspirational. Years ago. It was Technology World and you wake up one day and you say, hey, I want to do something different. You want to run your own business.
Jonathan Wei: Yes. Yeah. So
Mike Zlotnik: that’s a, that’s a great story. And, um, yeah, yes. Uh, appreciate you having on a podcast and, um, good luck with the, with the new project in, uh, Dallas.
Jonathan Wei: Thank you.
Mike Zlotnik: Thank you.
_______________________
Thank you for listening to The BigMikeFund Podcast. To receive your copy of Mike’s how to choose a smart real estate fund book, head to BigMikeFund.Com or visit Amazon and type Mike Zlotnik.
Keep listening and keep investing, Big Mike style. See you in the next episode.
