Episode #268: Interim Financing with Ethan Gao

Passive Income Through Multifamily Real Estate

Our goal is to help you get educated on how to create passive income for you and your family, using real estate as your vehicle. Joining us in conversation today is Ethan Gao, a real estate investor and key principal, where he guarantees loans and provides interim capital. During our conversation, he tells the story of leaving his career in the legal profession and realizing that he could make money by simply signing on loans. Hear why he became a life insurance agent and why he places so much value on having a good team. We explore what Ethan has learned along the way, why there is a growing need for creative financing, and what he requires from people before supporting their financial process. Ethan also partners with his financial adviser, Luke, and together they own portfolio companies. Join us to hear some powerful insights from Ethan’s experience that you can learn from today!

Key Points From This Episode:

• Background on today’s guest, real estate investor and key principal, Ethan Gao.
• The story of how he graduated at 19 before getting a graduate degree and working as a legal practitioner.
• What prompted his movement into interim financing.
• Ethan’s impetus for stepping out of his career track to pursue real estate.
• How guru groups and masterminds inspired him to get involved with investment.
• The realization that signing on loans could make money, and how it came about.
• Why he became a life insurance agent.
• Ethan’s perspective on the importance of a good team.
• The art of finding the right people to work with.
• Why personality fit is so important.
• How Zoom has made it possible to ‘meet’ someone without meeting them in person.
• His belief that it’s relatively simple for people to boil down who they are.
• The ‘just be yourself’ principle and how it benefits everyone involved.
• Why Ethan ignored red and yellow flags at the start of his career.
• Ethan’s thoughts on the multiple aspects of today’s KP landscape.
• The need for creative financing and how Ethan has provided short term capital.
• Ethan’s investment thesis and what he requires from his clients.
• Why he requires a strategy and evidence from everyone he works with.
• The story of how Ethan began to partner with his financial advisor, Luke.
• How they came to own portfolio companies together.
• Why Ethan advises people to create relationships with KPs immediately.
• How Ethan’s ‘why’ differs from other people’s.

Links Mentioned in Today’s Episode:

Ethan Gao on Email

Ethan Gao on LinkedIn
Good Bull Investments

Vertical Street Ventures

Passive Income Through Multifamily Real Estate Facebook Group

Peter Pomeroy on LinkedIn

Peter Pomeroy Email