5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate

Terry Heller - A 450K Loan That Turned into Millions in Real Estate; From Compton to the Real Estate World

March 31, 2021 Abel Pacheco Season 2 Episode 131
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
Terry Heller - A 450K Loan That Turned into Millions in Real Estate; From Compton to the Real Estate World
Chapters
5 Talents Podcast - Passive Investing, Cashflow, & Wealth Creation in Commercial Real Estate
Terry Heller - A 450K Loan That Turned into Millions in Real Estate; From Compton to the Real Estate World
Mar 31, 2021 Season 2 Episode 131
Abel Pacheco

Terry Heller has a quite different path to real estate. Here’s the story we commonly hear: The guest works on a regular day job, decides to invest in real estate, and starts passively. Starters usually choose single-family first until they realize they need to jump to multifamily. That’s the usual story, but that’s not Terry’s. Terry breaks into real estate from the entertainment industry, leaving a space where he’s worked with the likes of Jay-Z, Celine Dion, Dr. Dre, and Linkin Park. 

Today, he joins us to talk about his story, how writing a letter to a pastor pulled him to real estate, and shares some mindset tips you need to hear if you’re still thinking about your investment plans. Here’s one tip from him: “The person that’s gonna create the opportunity is you!” 

Tune in now and hear this unusual path to real estate investing!

[00:01 - 06:45] Opening Segment

  • Let’s get to know Terry Heller
    • Real estate developer
    • Real estate investor

[06:46 - 16:16] Real Estate Investing in Los Angeles 

  • How’s Terry’s investing experience in Los Angeles (LA) generally? 
  • Terry walks us through his process of investing in real estate
  • The secrets of $10M+ deals in LA according to Terry 

[16:17 - 27:04] From Music to Real Estate 

  • Can you find a $200K/door deal in LA? 
    • Terry weighs in 
  • How Terry jumped from the music industry to real estate 

[27:05 - 38:46] Deals in the Commercial Real Estate Space 

  • What Terry learned from the entertainment industry
    • The lessons are also applicable to real estate 
  • Success can be dangerous according to Terry 
    • He tells why 
  • How writing letters jumpstarted Terry’s real estate career 

[38:47 - 47:46] Creating Opportunities 

  • Don’t miss this real estate advice from Terry! 
  • The common struggle in scaling in real estate 
  • Keep your doors open for opportunities 
    • Just like when he jumped from music to real estate 

[47:47 - 56:36] Closing Segment

  • Connect with Terry 
    • Links below
  • Don’t miss this Dr. Dre story! 
  • Final words from Terry and me


Tweetable Quotes: 

“When you do have some success as a young person, it can be dangerous.” - Terry Heller

“The secret to being able to [invest in real estate successfully] was just the self -belief that I’ll figure it out.” - Terry Heller


Resources mentioned:


------------------------------------------------------------------------------------------


Connect with Terry on Instagram and LinkedIn. Check out Heller Holdings and start your investing journey in Los Angeles, California! 

Guest email: [email protected]  


Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show (https://www.buymeacoffee.com/5Talents)

Show Notes

Terry Heller has a quite different path to real estate. Here’s the story we commonly hear: The guest works on a regular day job, decides to invest in real estate, and starts passively. Starters usually choose single-family first until they realize they need to jump to multifamily. That’s the usual story, but that’s not Terry’s. Terry breaks into real estate from the entertainment industry, leaving a space where he’s worked with the likes of Jay-Z, Celine Dion, Dr. Dre, and Linkin Park. 

Today, he joins us to talk about his story, how writing a letter to a pastor pulled him to real estate, and shares some mindset tips you need to hear if you’re still thinking about your investment plans. Here’s one tip from him: “The person that’s gonna create the opportunity is you!” 

Tune in now and hear this unusual path to real estate investing!

[00:01 - 06:45] Opening Segment

  • Let’s get to know Terry Heller
    • Real estate developer
    • Real estate investor

[06:46 - 16:16] Real Estate Investing in Los Angeles 

  • How’s Terry’s investing experience in Los Angeles (LA) generally? 
  • Terry walks us through his process of investing in real estate
  • The secrets of $10M+ deals in LA according to Terry 

[16:17 - 27:04] From Music to Real Estate 

  • Can you find a $200K/door deal in LA? 
    • Terry weighs in 
  • How Terry jumped from the music industry to real estate 

[27:05 - 38:46] Deals in the Commercial Real Estate Space 

  • What Terry learned from the entertainment industry
    • The lessons are also applicable to real estate 
  • Success can be dangerous according to Terry 
    • He tells why 
  • How writing letters jumpstarted Terry’s real estate career 

[38:47 - 47:46] Creating Opportunities 

  • Don’t miss this real estate advice from Terry! 
  • The common struggle in scaling in real estate 
  • Keep your doors open for opportunities 
    • Just like when he jumped from music to real estate 

[47:47 - 56:36] Closing Segment

  • Connect with Terry 
    • Links below
  • Don’t miss this Dr. Dre story! 
  • Final words from Terry and me


Tweetable Quotes: 

“When you do have some success as a young person, it can be dangerous.” - Terry Heller

“The secret to being able to [invest in real estate successfully] was just the self -belief that I’ll figure it out.” - Terry Heller


Resources mentioned:


------------------------------------------------------------------------------------------


Connect with Terry on Instagram and LinkedIn. Check out Heller Holdings and start your investing journey in Los Angeles, California! 

Guest email: [email protected]  


Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show (https://www.buymeacoffee.com/5Talents)