REI023: BUILDING YOUR LEGACY THROUGH REAL ESTATE

W/ ELLIS HAMMOND

23 June 2020

On today’s show, I sit down with Ellis Hammond to talk about growing real estate investments while building a legacy. Ellis is an experienced real estate investor focused on helping entrepreneurs, business owners, and investors not only build wealth through real estate, but also build a legacy.

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IN THIS EPISODE YOU’LL LEARN:

  • How to approach starting in real estate.
  • When are you “ready” to make your first investment?
  • What it means to build a legacy, and why it matters.
  • What strategies can you use to select and fund your first deal.
  • How to grow your real estate business on LinkedIn.
  • And much, much more!

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TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

Robert Leonard  00:02

On today’s show, I sit down with Ellis Hammond to talk about growing real estate investments while you’re building a legacy. Ellis is an experienced real estate investor with over $10 million in assets under management. And he focuses on helping entrepreneurs, business owners and investors not only build wealth through real estate, but also build a legacy.

Intro  00:23

You’re listening to real estate investing by The Investor’s Podcast Network, where your host Robert Leonard interviews successful investors from various real estate investing niches to help educate you on your real estate investing journey.

Robert Leonard  00:45

Hey, everyone, welcome to today’s show. As always, I’m your host, Robert Leonard. And I have Ellis Hammond with me today. Welcome to the show, Ellis.

Ellis Hammond  00:53

Hey, Robert, really pumped to be here, man, really, really excited to be here. Thanks for having me.

Robert Leonard  00:57

Let’s start our conversation by talking about your story. Walk us through your background and how you got to where you are today.

Ellis Hammond  01:04

We own kind of really, since the two companies now we own a we founded a group called Kingdom capitalists, which is essentially as a business network community for Christian real estate entrepreneurs. And then we have an investment firm where we focus on large multifamily deals.

Ellis Hammond  01:16

But I know your audience is just kind of getting into this, which is why I think my story is incredibly relevant. Because I spent the first six years of my career as a pastor, as a Christian pastor, we started a nonprofit here in San Diego . And man, I was just an evangelist, I was a mentor for college students, really is how I spent my time I knew nothing about real estate investing. I didn’t know anything about wealth building.

Ellis Hammond  01:40

Actually, the first time I heard I learned anything about real estate, I went to like a two hour seminar that I heard on the radio, and what the ad was like, “Hey, if you want to learn how to build wealth through real estate, like you should come check out this seminar.” And so I was in the car was like a month before I got married. And I was I just was really hungry at this point to figure out like, I don’t know, it was beginning to kind of make a shift. I think as I was getting older, and just even growing in my faith that I wanted to be begin to figure out how do I not just steward my time, but also how do I become a better steward of my wealth, and really make an impact, not just, you know, I was really good. I mean, I was working for a nonprofit. So like, we were really making an impact there. But we didn’t really have anything to give on the on the money piece. And so I just was really longing to begin to develop that.

Ellis Hammond  02:21

So I went to this seminar, man, and it was it was the light bulb for me. And so maybe this podcast will be out for so many others that there are so many people that are building wealth and changing their own life in the lives of others through the vehicle of real estate, and they’re not millionaires, or they didn’t come from a lot of money. And that was the first time that I ever realized that I legitimately thought up to that point, you had to have a lot of money already start investing in real estate. And so that was a light bulb for me be like, hey, these guys can do it. I got to figure this thing out.

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