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Who is the 2nd half of Peoples Capital Group?

Updated: Jul 4, 2020


Today on the Passive Cash Flow Podcast we meet the second half of Peoples Capital Group, Seth Martinez. Seth handles the operations of PCG and is highly experienced in real estate investment / management.

Learn about Seth's story starting with a humble beginning, building a business in healthcare, selling the business and transitioning into real estate. The Passive Cash Flow Podcast is for beginner or experienced investors. Learn how you can diversify out of the stock market, own a part of an apartment building & start earning Passive Cash Flow! Peoples Capital Group has been helping passive investors build wealth in NJ real estate for 10 years. Visit www.PeoplesCapitalGroup.com to find out if you qualify to start earning passive income and pay less taxes via investing in real estate. IRA's and 401K's are accepted. -- https://www.facebook.com/peoplescapitalgroupnj/

https://twitter.com/PCGrealestate

https://www.linkedin.com/in/seth-martinez-29729a21/

https://www.linkedin.com/in/aaron-fragnito-620b93173/

https://www.youtube.com/results?search_query=peoples+capital+group

#NJRealEstateInvesting #AaronFragnito #PassiveCashFlow #PCG

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Aaron Fragnito: All right, ladies and gentlemen, welcome back to the Passive Cash Flow Episode 7. This is Meet Seth Martinez, the 2nd Half of Peoples Capital Group. Say hi Seth. Seth Martinez: Hi, everybody. How are you doing? Glad to be here. Aaron: All right, very good. Seth runs the operations of Peoples Capital Group, he makes sure we're repositioning the buildings for max value, max cash flow, and he really compliments my weaknesses and I compliment his weaknesses as a great partner. If you want to learn more about us, you can go to peoplescapitalgroup.com where there's our bio or information on the properties we own and manage and properties we've flipped it wholesale and that's on peoplescapitalgroup.com. You can learn all about our company and Seth Martinez and Aaron Fragnito. Today, we're going to talk about how Seth got started. A lot of you are curious about how we went from zero to a hundred doors in about five or six years together. Seth, talk about what sparked your passion to a real estate. What's the story? Seth: Sure. Well, I spent my 20s, not in real estate. I spent my 20s in New York City in a healthcare business that I started with my brother. After selling that in 2009, didn't know what I was going to do. Basically had to find a new profession and I read Rich Dad Poor Dad and that opened up a whole new concept of business, money, investing, and assets. I wish I had known that in my 20s because I realized that I did everything the wrong way in my healthcare business from managing employees to delegating and just to thinking about time and assets and things like that. I took a year off from a sale of the business, did a little consulting, and decided to go into real estate again after reading the book, and found a good realtor by the name of Aaron Fragnito. He started selling me some properties and we realized we had the same goals. Started a business. In 2013, we incorporated Peoples Capital Group and here we are today. Aaron: Excellent. That's a great story. I think the Rich Dad Poor Dad part, it's so important. Every podcast we do here, we hear about that almost and it's really started a lot of people. Talk a little about how you-- you actually had paid for some coaching at one point. I know some people paid for coaching, other people don't, some people work for other people that doesn't. I know you had to invest a little bit of money there. Do you feel like you got a good investment, therefore, the coaching package? Tell them that story. Seth: Sure. Right around that time after selling my business and reading Rich Dad Poor Dad, I saw an ad on Facebook for Rich Dad Poor Dad seminar. Somehow they knew I read the book, which was interesting, but glad I saw the ad because it led to a lot of thing. Some good, some bad, but overall good. One of the things was an event. I went to a free one-hour event and at the end of that event, they offered $1,000 weekend, two or three day weekend but they said, if you buy it today, it's 200 bucks. I bought it today and I went. If you had told me going into that three-day weekend that I would spend another 200 bucks or anything even close to that, I would say no chance in heck. At the end of that three-day weekend, I ended up spending $26,000 for education, a CD, and some software. That was a big investment. Aaron: I'm always amazed when I talk to people and they say, "Well, I could invest in real estate, but I invested all my money in some books and CDs for this company." Whether it be Rich Dad Poor Dad or flip this house or whatever it is. It's really a shame because I think that's such a high price to pay to learn information that really a lot of it you can get for free or you can get free out on the internet. You can get also in places like Barnes & Noble, go buy a book at Amazon. That's how I learned and yes, everyone has their path. Sometimes investing in materials and getting a professional quality material in one place. It's important getting inspired by the salespeople there, whatever. It makes a big difference to get you going and motivate you. That's important. Maybe there's a price premium, you pay for that but if you can read a few books and learn off and inspire yourself, that's definitely the way to go. If you have only $30,000 or $50,000 to work with, I personally don't advise anyone putting that into some type of coaching program and then being left with no money to go buy real estate because it does take money to start real estate. I had saved up $20,000 myself. We had bought a six-family property together, and that's how I was able to start building my passive portfolio along with you here years ago in New York. If I had invested that money in coaching, who knows, but I don't think I would be here. It took me a long time to save up that 20,000. If you go to these events, a lot of times the weekend for $300 raise a great investment. Seth: Yes. Definitely, $300 may be up to a thousand dollars, but when it gets to 10,000, 20,000, 30,000, 40,000, sometimes more, a lot of times, they're just selling you something. You've got to make sure you do your due diligence and some people say wait at least 48 hours before making a big decision, a big financial decision. They don't really give you th