Ep. 65 | James Fiore | Real Estate Investor
In this episode of the Realistic CEO Podcast, the host sits down with seasoned entrepreneur and real estate expert James Fiore. James shares his incredible journey of owning and flipping over 300 properties and multiple businesses, including retail stores and insurance companies. Despite starting small, he managed to build a significant portfolio worth millions. He discusses his experiences in real estate, his strategies for buying and selling businesses, the importance of education and work ethic, and the value of integrity in business. This episode is packed with insights for aspiring entrepreneurs and real estate investors looking to learn from a true industry veteran.
00:00 Introduction: The Dream of Becoming a CEO
00:29 Meet James Fiore: A Journey Through Various Careers
02:01 Real Estate Success: Building Wealth Through Property
04:02 The 2008 Real Estate Bust: Opportunities and Challenges
08:52 Financing and Lending: Helping the Next Generation
17:26 Early Ventures: From Paper Routes to Nightclubs
20:11 Early Business Ventures and Successes
20:28 Building and Selling Liquor Stores
21:42 Navigating the 2008 Economic Collapse
22:07 Lessons Learned and Business Philosophy
24:44 Innovations in the Liquor Store Industry
29:28 Transition to Real Estate Investments
32:19 Advice for Aspiring Entrepreneurs
32:45 The Importance of Work Ethic
35:37 Final Thoughts and Reflections
36:57 Conclusion and Gratitude