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A Securities Attorney Take On Real Estate Market
A Securities Attorney Take On Real Estate Market
Hey there, fellow wanderers of the real estate realm! Today, I've got a riveting tale to share with you—a tale of intrigue, risk, and the triumph of a maverick attorney turned real estate extraordinaire. Grab your explorer's hat and get ready to venture into the captivating world of Seth Bradley!
Picture this—I found myself sitting across from the ingenious Seth Bradley, a master of securities, an expert investor, and a true freedom chaser. We delved into the captivating topic of capital raising, and boy, did Seth have some shocking truths to unveil! He revealed the dark underbelly of the industry, where improper practices can lead to severe consequences like repayment obligations, penalties, damaged credit, and even bankruptcy. A word of caution: jail time might lurk around the corner for those who dare to venture into fraud and severe misconduct. Yikes!
But hold onto your hats, adventurers, because Seth didn't just spill the beans on the perils of capital raising—he also wielded his entrepreneurial prowess to navigate through market changes with finesse! Ever the adaptable spirit, Seth regaled us with tales of how he adjusted his business model to thrive amidst the whimsical waves of deal flow variations. He dived into forming funds and riding the startup rollercoaster as an advisor and Chief Legal Officer (CLO). Talk about turning challenges into opportunities!
Now, here's where things get juicy: Seth's wisdom poured out like a refreshing waterfall. As a seasoned attorney with a keen eye for structuring companies, he shared invaluable advice on avoiding the equity trap. You know, that dreaded mistake of divvying up equity equally among partners? Seth warned against it and urged us to define roles and responsibilities clearly in operating agreements. Trust me, that little nugget of wisdom is pure gold in the entrepreneurial jungle!
Speaking of the entrepreneurial jungle, let's trek into the heart of Seth's story. This daring soul once found himself shackled by the "golden handcuffs" of a high-income lawyer gig. But fate had other plans for him, adventurers! Seth was involuntarily cast out from his law firm, and though he felt like a failure at first, he soon realized he had other assets and businesses to explore.
And explore he did! Seth ventured into the enchanting world of real estate and passive investing, building a side business with his wife—a duo owning two gyms through a franchise. You see, adventurers, our hero knew the intense pressure of billing endless hours at a law firm, but his heart yearned for the untamed wilderness of entrepreneurship. Getting fired was the serendipitous catalyst he needed to unleash his inner real estate beast and found his own law firm, with real estate and side hustles as his North Star.
As the conversation danced through the tapestry of Seth's adventures, he regaled us with the art of time tracking—a necessity as a lawyer. Every six minutes, carefully documented like precious relics. But fear not, my fellow freedom chasers, for Seth's path led him to a time-blocking paradise, where the flat fee basis replaced the relentless tyranny of billable hours. Ah, sweet liberation!
Now, brace yourselves for Seth's vision of the future—an inspiring panorama of real estate passion and the promise of big equity gains. In the twilight zone between striking home run opportunities and nurturing stable cash flow, Seth found freedom and flexibility in entrepreneurship's warm embrace. Imagine that, my fellow explorers—the freedom to chase dreams and seize opportunities, all while embracing the wild winds of change!
So, adventurers, let Seth Bradley's journey ignite a spark in your soul. Let his tale of unmasking the dark secrets of capital raising and venturing into the realm of real estate and entrepreneurship be your compass. As you embark on your own odyssey, remember—adventure awaits those who dare to seek a life of purpose and freedom. Go forth and be a freedom chaser, my fellow wanderers!
Schedule a FREE coaching call: coaching.freedomchaserspodcast.com
Don't forget to reach out to Seth Bradley:
Linkedin: https://www.linkedin.com/in/sethpaulbradley/
Instagram: https://www.instagram.com/passiveincomeattorney/?hl=en
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