From NBA Courts to Real Estate Empires: Cory Jacobson's Journey to Financial Growth

Philadelphia's own Cory Jacobson, a real estate investor and co-host of the Wealth Juice podcast, takes us on a fascinating journey from the basketball courts at the Philadelphia 76ers to the complex world of real estate investment. Cory talks candidly about the financial challenges he faced despite the glamour of working in the NBA. His leap into real estate began with a simple but strategic move: buying a multi-bedroom house and renting out rooms to cover the mortgage. This episode is packed with insights on how he capitalized on networking, creative strategies, and partnership opportunities to build a thriving real estate portfolio.

Transitioning from the world of basketball coaching to a multifaceted career in sales and podcasting, Cory emphasizes the importance of aligning one's career with personal passions and financial goals. His story underscores how investing in real estate can offer both financial stability and the joy of mentoring others. Whether it's through tribe-building or personal branding, Cory shares how his authentic experiences have fostered a supportive community of real estate enthusiasts, drawing parallels with standout figures like Pace Morby to illustrate the power of collaboration and community.

We also dive into the complexities of real estate investing strategies, the impact of institutional investors on housing affordability, and the controversial topic of wholesaling. Cory provides practical advice for newcomers, such as starting locally and building teams in more affordable markets. He also explores innovative investment structures, like real estate syndication, and discusses the risks and rewards of different approaches. This episode is a treasure trove for anyone eager to understand the nuances of real estate investing, offering a blend of Cory's personal journey and actionable strategies that highlight the importance of trust, due diligence, and community support in achieving long-term growth.

CHAPTERS 

(00:00) - Real Estate Investing and Financial Growth

(05:19) - Coaching and Real Estate Transition

(09:27) - Building Tribes Through Real Estate

(19:34) - Real Estate Investing Strategies and Analysis

(24:54) - Real Estate Investment Strategies and Growth

(30:39) - Institutional Property Ownership and Housing Affordability

(35:18) - Regulation of Wholesaling in Real Estate

(45:34) - Real Estate Syndication and Investment Structures

(49:55) - Real Estate Investment Strategies and Risk

(58:25) - Escape the Drift Book Promotion

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💯 About John Gafford: After appearing on NBC's "The Apprentice", John relocated to the Las Vegas Valley and founded several successful companies in the real estate space.

➡️ The Gafford Group at Simply Vegas, top 1% of all REALTORS nationwide in terms of production. Simply Vegas, a 500 agent brokerage with billions in annual sales Clear Title, a 7-figure full-service title and escrow company.

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