Miracle of Wealth with Steve Down, pg. 40
Linda: How do you have the deal structured to attract
investor partners?
Steve: I have structured the transaction to accom-
plish three primary goals. Goal one is to mini-
mize investor risk; goal two is to provide above
average real estate income; and goal three is
wealth creation through the 10X wealth strategy.
Details can be heard at my next lecture.
Steve: Linda, that’s the most exciting part. When we build
a small event center in a certain demographic we’ve demon-
strated that we can more than double the
returns of traditional commercial real
estate.
Linda: If so, that’s remarkable.
Steve: The small event center concept
in the most exciting commercial real
estate play since storage units became
the grand slam back in the eighties.
Public Storage, for example, trades on
the New York Stock Exchange (PS) and
still puts 40% returns to the bottom line
on over 2,200 facilities!
Linda: In your opinion, what’s the single
biggest mistake made by investors?
Steve: The biggest mistake I see is when
investors try to do it all by themselves when
they don’t have to. When I fly I leave it to the
professionals rather than going solo.
Linda: I would love to have access to a
small event center for our own con-
ferences scheduled across the country.
How many do you plan to build and
where?
Steve: We plan to build 100 centers throughout the U.S. by our
tenth year. Currently, we have 16 under development in Utah,
California, Arizona and Colorado. We are anxious to expand
into Texas and Illinois. We intend to focus in states West of the
Mississippi during our first five years.
Linda: Why would investors want to join
you as opposed to doing it themselves?
Steve: By hooking their car to my train they
can diversify better than they could on their
own. They benefit by having an experienced fo-
cused team developing highly profitable real estate across the
country. Best of all, I structure the transaction in such a way
that it significantly reduces the risk and provides a far greater
upside potential. My experience tells me that doing all the
Continued on pg. 77
Eight factors that will
forever change how
you create wealth.
From Steve Down, Best-Selling Author of Financially Fit for Life
Wealth Factor #1
10 X WEALTH: THE MIRACLE OF
ADDING A ZERO
Get the audio book for free at MiracleofWealth.com
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