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How to Achieve Financial Freedom through Private Investments with Kamil Maras, Owner @ B&B Siding Contractors
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Welcome to The Legacy Wealth Podcast where we help accredited business owners become educated & get access to, private investments that the wealthiest investors in the world utilize to grow their net worth. We do this by providing insight & access to successful fund managers & investors across multiple asset classes.
I’m your host, Pascal Wagner, and today we are interviewing Kamil Maras,Owner at B&B Siding Contractors , and we'll diving into:
- How to achieve financial freedom
- The importance of investing in yourself first before investing in other ventures
- And on the risk involved in real estate investing and the need to move on from deals that don't work out.
Links from this episode:
- If you're looking for highly vetted opportunities to invest in, get access to our deal database of alternative investments & join our investor club at www.getfundbase.com.
- Watch the show on YouTube here: https://youtu.be/qLKSynxc3w4
About Kamil Maras:
Kamil Maras is an immigrant entrepreneur, who migrated from Poland to the United States at just 13 years old in 1993. He started a company called B&B Siding Contractors and grown it to $7M in rev, then acquired and grew a $12M/yr roofing company, and acquired & grew a RE Development company in FL to $10M.
Links from our Guest:
- https://www.linkedin.com/in/kamil-maras/
- https://bbsiding.com/
- https://www.facebook.com/bbsidingroofing/
- https://www.youtube.com/channel/UC5i185yzNreoFUDyDgKpcqg
- https://www.instagram.com/bbsidingroofing/
Time Stamp:
00:00 - Intro
01:46 - Kamil's starting point of his investment journey
02:15 - Kamil's shift in mindset and understanding
03:45 - Kamil joins GoBundance
05:45 - The passive nature of investing
08:49 - Kamil's initial focus on cash flow and the importance of assessing the operator's experience and track record.
09:25 - Kamil outlines the specific metrics he used to qualify deals
11:01 - The importance of transitioning to equity growth
12:07 - How reinvesting in his businesses offered higher returns than other investment options
13:25 - Kamil highlights the comfort and familiarity he had with the rehab component and the structure of the deals.
15:30 - Kamil shares his initial preference for syndications due to lack of experience.
16:41 - Kamil talks about the limited prevalence of funds in GoBundance
18:48 - Kamil discusses his excitement for investments that may not be fully understandable but are interesting and have potential.
19:45 - Kamil mentions investing in a technology play where small SAS companies are rolled up and serve larger tech companies.
23:00 - Kamil discusses his investment in a renovated resort
25:00 - Kamil discusses the RV deal and the thought process behind his investment
26:46 - Outro
34 episodes
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