Jun 21, 2021
In today’s show, Pancham interviews Jorge Newbery - CEO and Chairman of AHP Servicing LLC and American Homeowner Preservation LLC and author of Burn Zones: Playing Life’s Bad Hands.
Jorge is indeed a risk-seeking investor as he confidently invests in rejected properties and making huge income until a 2004 natural disaster led him to $26 million debt that he had to pay off. After paying it off, he is now a prodigy where he has rebuilt himself through AHP Servicing LLC and has been helping others with unaffordable debts and continuously creating an impact!
In this episode, listen to his defining moments in his real estate journey as he shares his experiences in investing in these distressed properties and turning them into cash flowing assets! We will also explore and dissect his mindset of being driven to challenges and how that made him who he is today.
Listen and enjoy the show!
Quote:
“Everything’s a preparation for the next step.”
Timestamped Shownotes:
- 1:56 - Pancham introduces Jorge to the show
- 3:36 - How he got into real estate investing
- 7:01 - On having 34 violations in his property and how he turned it around
- 12:19 - From his riskiest property to a successful investment
- 19:06 - How an ice storm got him in debt and what he did to recover from it
- 22:48 - How his determined mindset helped him overcome challenges
- 31:15 - Why his current business model is a win-win situation for buyers and investors
- 34:04 - His prediction on the future state of the economy
- 41:10 - Taking the Leap Round
- 41:10 - His first investment outside of Wall Street (at the age of 12!)
- 42:21 - On being fearless with his 1st investment
- 43:28 - Why investors should get to know the person before investing with them
- 45:27 - Ways you can connect with Jorge
3 Key Points:
- You can always come out of a bad situation as long as you work hard for it.
- There’s always risks in every investment you’ll make.
- Don’t look back but rather to always be determined and figure out a way that you can get to the other side.
Get in Touch:
- AHP Servicing LLC Website - https://ahpservicing.com/
- Download the FREE eBook “Top 6 Reasons to Invest Outside of Wall Street” at https://thegoldcollarinvestor.com/download/
- The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
- Pancham Gupta Email - p@thegoldcollarinvestor.com
Books:
- Burn Zones: Playing Life’s Bad Hands by Jorge P. Newbery - https://www.amazon.com/Burn-Zones-Playing-Lifes-Hands-ebook/dp/B00XA2JE0C