Darrell Betts is a real estate expert introduced to us by Manny Khoshbin and he has done some epic things within the real estate industry. In 2010, Darrell was recruited by Avison Young to lead the company’s Capital Markets practice in Texas and the Southwest U.S. Over the past three decades, he has facilitated over $10 billion worth of real estate transactions. This podcast episode is going to be a little different than most since we usually talk about online businesses. But we thought that once you started making money, you got to figure out how to invest it. Darrell will show you how to through real estate investing.
In This Episode:
[02:03] The value of investing in real estate as a business owner.[02:50] Darrell Betts talks about where he grew up and his real estate background.
[05:57] “The key is to sit back and observe what’s going on and try to get ahead of it and use that as a way to protect yourself, your family, your finances.” – Darrell
[10:00] The art of making a deal on a private jet, no matter how complicated.
[12:04] How Darrell and his wife started buying houses and flipping them to double their value.
[16:42] Learning from wealthy, well-known borrowers during “the last lost decade”.
[17:54] Great powers, leaders, and success stories occur in turbulent times.
[21:28] Understanding green energy and the scalability of green energy in creating generational wealth.
[31:06] Darrell’s no-nonsense real estate process in making million-dollar deals.
[34:10] Comprehending the value of certain high-value assets you already own.
[39:39] “We’re on the doorstep of probably the best opportunity in our lifetime to invest in commercial real estate.” – Darrell
[42:13] You have to figure out the liquidity side of your investment to make a fortune in it.
[48:22] Figuring out the asset classes to go after.
[54:07] Picking Darrell’s brain on making money on crypto.
[56:28] Different avenues all lead back to real estate.
[58:26] Why talk about power arbitrage and what’s that have to do with real estate?
Key Takeaway
Whether you’re doing billion-dollar deals with Darrell or you’re doing $ 2,000-dollar house flips, the opportunity to profit financially is there for everybody. Learn about the different assets out there that will bring you to millionaire status with the perks of travel and private jet travel. It will also give you the opportunity to meet people that are the best at what they do.
About Darrell Betts
Darrell Betts, CCIM is a Principal with the Capital Markets group of Avison Young and oversees the representation for dispositions of investment properties owned by financial institutions, pension funds, REITs, and private investors.
He has had a distinguished and award-winning career that spans more than 30 years. The Houston Business Journal has consistently named him to the “Heavy Hitter: Investment Brokers” list. He was the sixth-ranking Avison Young “Top Sales Professional” for 2018 and was the recipient of the Circle of Excellence Award in 2017, 2019 – 2021 which recognizes the top producers globally, and the firm’s 2011 “Top Producer” in the U.S. for Capital Markets.
Darrell’s achievements and designations include the Bilateral U.S./Arab Chamber of Commerce with multiple visits to the Middle East for Business Development, International Relations trade missions, Urban Land Institute, and the Texas A&M Master of Real Estate Advisory Board