Don Spafford was a nobody on social media until he met Yonah Weiss. 🙂 Don started his real estate investing career at 40 years old buying four plexes. After having his first one for about a year he realized he needed to scale bigger and faster to reach his ultimate financial independence goal. He started networking and made great connections that helped him get into some unique opportunities involving large build-to-rent multifamily and also value-add RV Campground syndications.
[00:01 – 05:29] Opening Segment
- We welcome, Don Spafford!
- Don shares his story of how he got started in real estate and how he’s maintained his success
[05:30 – 28:43] Building Connections and Opportunities With Campgrounds
- Get creative and have fun when pursuing real estate goals
- Campgrounds offer multiple income streams, such as:
- Lot rents
- Convenience store sales
- Restaurant profits
- Electric vehicles, and others
- The high demand for campgrounds and difficulty to find a space
- Campgrounds can be profitable if they are managed well and have the right amenities
[28:44 – 34:04] THE FINAL FOUR
- What's the worst job that you ever had?
- When he worked as a construction crew in high school
- What's a book you've read that has given you a paradigm shift?
- “Millionaire Real Estate Agent” by Gary Keller
- What is a skill or talent that you would like to learn?
- He wants to learn how to play the piano
- What does success mean to you?
- Don says, “Success is not based on income. It's not based on material things. It's being able to have the freedom to do the things you want to do and be with people you want to be.”
Connect with Don Spafford
Website: CTR Finance
LinkedIn: Don Spafford
Facebook: Don Spafford
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Tweetable Quotes:
“I got to make sure it’s a homerun deal to make it work out, you don't want to take any risk.” – Don Spafford
“I realize there's a whole different group of people out there who may have no interest investing in real estate, but they would invest in this because it's something they use and understand.” – Don Spafford
