Ep 46 - Importance of a GREAT Team

Flip and Danny of Freedom Real Estate Group built a company with five affiliated businesses and 40+ employees across the US and Philippines. They discuss hiring strategies, vetting partners like Steven at Integrity Holdings Group, and closing deals like a 129-unit in Mississippi through careful team selection and culture.
Questions this video answers
February 15, 2022
Over 40 team members
Freedom Capital Investments
cashforohiohouses.com
Ariane and Chris (associated with a "Lighthousing"/Light Holdings Group—name transcribed conversationally)
Foreign.
Hey, everybody. Flip and Danny here, founders of the Freedom Real Estate Group family of Copenhagers. Welcome. Yeah, welcome to another episode of our.
Podcast, which is called Freedom through Passive Income.
That's right. Now today's episode is entitled the Importance of a great.
Yes.
And now I always start out by saying that we're the founders of the Freedom Real Estate Group family of companies. So what is the family of companies? Well, it originally started with just right here. Frag Freedom Real Estate Group. Yeah, that was the. The start.
Yes.
Many years ago. Well, not so many, but it seems like many years ago. But then we formed a renovations company, which is Bulldog Renovations. And so that was the second company. And that sort of. That was sort of the domino that fell and then all the rest of them fell. So. Excuse me, down that we have our property management group, Independence Property Management. We also, because we started that. We also have our own brokerage, which is Independence Realty Group. We also have our acquisitions company that we started because, well, I couldn't buy them all. And we. I was getting bummed up with the. The local wholesalers. So we created our own acquisitions team. And that's cashforohio houses.com and then dot com. Would you like dot com. And so let's see, that was five.
So here we are with number six, which we talk about here all the.
Time, which is our syndication and multif family company, which is called Freedom Capital Investments. And then last week, we started our seventh company.
We kind of sort of did something that may start. Our seventh company. Is absolutely right.
Yes. So. And you'll hear more about that later.
So we have over 40 team members across.
It's grown. Yeah.
Across all the companies. And so we wanted to talk about the fact that we wouldn't be where we are today without great team members.
Yes.
There is a lot that we learned in terms of hiring. I think hiring is probably one of the biggest challenges when running businesses, building businesses. And we are just so very grateful of the people that we brought in and those that stayed. The character that they have and the drive that they have, the values just to, you know, to be here, have fun. The culture that they've really created, we started creating it, but they really kind of, you know, picked it up and ran with it.
They did.
We love them so much. And like I said, and our team.
Members, they're not all here in Ohio. I would say a majority are here in Ohio. We do have some team members that are remote here in the United States, but we have many team members that are Remote from the Philippines. And they are just as much a part of this team as anyone here that's local.
Yeah.
And we love them, all of them. Everyone's so amazing.
Yes. And the culture has gone to them, you know, in certain ways. We have days where we celebrate them, their holidays, and we cook, you know, Filipino type food, and it's just been really, really amazing. And like I said before, we wouldn't be here, where we are today without them. So that ties into the importance of a great team. We also want to tie into what we're doing right now and this new, exciting, fun syndication, multifamily, capital raising.
Before we talk about that, though, if you're watching on Facebook or LinkedIn or YouTube or any of those things and you have the ability to, like, love Hulk. Yes. Hit that like button. Hit that heart button right now. Again, this is for the algorithm and for the videos. And so this, this helps out the videos, but let us know how we're doing. And hopefully this is of some importance that you're getting something out of this. Okay, so I'm sorry, what were you saying?
Please and thank you. Yeah. So with the multifamily and the syndications and capital raising, everything that we're doing now, it is a different type of team because it's not necessarily us hiring a bunch of people. We are very much partnering with a bunch of people because this is a big, big space, and I don't want to learn all of it. The 56 unit was hard enough to do by ourselves, the whole thing. And we even had partners that partnered up with us to help us with refinance because they had the bank relationships. And we wanted to make sure that once we got it across the finish line, we would be able to refinance, etc. So it's these partners and these relationships that are really our focus right now. And so we've got Steven from Integrity Holdings Group, we've got Arianne from Light Holdings Group. I can't remember exactly. Lighthousing? Yeah, lighthousing, maybe. Yeah. So they're two that a lot of people have already been familiar with because Ariane and Chris we partnered with on the 56th are the ones we partner with just so they could help us refinance because they have those bank relationships. Steven we partnered with on the Daytona beach deal already, and Ariane and Chris we're working with on the 129 unit, Mississippi. So those are our two key relationships. And we're working with them because we've already known them for a very Long time. We already are in the know like and trust and I'm in the love, love, love because they've got so much experience, so much background, they've been teaching us a lot as we're continuing to grow. And so then future relationships, it's just about us vetting them. Right? We tell people all the time we're not going to invest in something unless we've vetted out the people that we're working with. It's very easy to go Arian and Chris or Steve. So, you know, what are you guys doing? Because we already are part of your world and we know you, but new people, then we're vetting them out because we want to make sure that, hey, anything that we are going to invest in, we know that it's going to be a success because our reputation is very, very important to us and our investors trust is so incredibly important to us. I never want my name on the line that we lost people money and so we're just going to bet, bet, bet. So knowing their values, the, you know, level of transparency that they have, their knowled circle and the vision that they have for their companies is really important to us as well because we know how we built six companies and what it took. And so we're looking for that type of same thing in the other people that we work with. And of course we're in a lot of masterminds, so that's really kind of where we cherry pick the people that we work with. But it's just, it's critical. If you don't have the right team, there's not a lot that you can do, but you have the right team. Success is everywhere. And so that's what I wanted to share about the whole type of.
Well, awesome. Well, we like to keep these short and sweet, so we hope that you enjoyed that one. But we do have our Facebook group, facebook.comgroups freedom through passive income and then we're on LinkedIn. Again, go to the search bar because there's no cool URL for that one. Go to the search bar and type.
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