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REAL ESTATE - Welfont Joe Johnson

The name GoodField comes from Jesus’ teaching about the parable of the sower recorded in the Gospels. Dr. Johnson ( Welfont Joe Johnson )and his family have set-up a Ministry Investments group, called the GoodField Foundation. GoodField invests in Startups looking to scale, distressed high yield commercial real estate opportunities with quick closings and non-finance contingencies and opportunistic “out of the box” investments. GoodField invests in high-yield distressed commercial real estate opportunities with quick closings and no financial contingencies throughout the U.S. Real Estate Investment Criteria 1. Commercial real estate with significant upside potential. 2. Prefer distressed, vacant, or non-income producing assets in need of fast and significantly discounted disposition. 3. Deal size – Anywhere between $250,000 to $10,000,000. 4. All types – From industrial to office, retail, mixed use, multi-family, luxury residential, land, redevelopment, special facilit...

Welfont Joe Johnson

Who Is Welfont Welfont is a national commercial and residential real estate company specializing in providing real estate investors and the nonprofit sector with a wide range of services, including brokerage representation, advisory, marketing, underwriting, due diligence, financial services, asset management, and dispositions. Welfont ( Welfont Joe Johnson ) manages each investment from deal sourcing to underwriting to acquisition and disposition while helping our clients maximize their return-on-investment. ABOUT OUR COMPANY: The Welfont Companies, based out of Tampa, Florida, have won first place in the 2018 Inc 5000 list of the fastest growing real estate “brokerages” in the country! The Welfont Company is a boutique commercial and residential brokerage firm providing a wide range of services and creative solutions to real estate investors. We specialize in helping our clients locate, negotiate, acquire and dispose of properties throughout the United States.  We have bec...

Pass Your Unproductive Property Off

You’re deeply involved in watching your favorite team play a critical football game when suddenly you realize that if the quarterback would just pass the ball to the guy open downfield, your team might just win. So, you end up chanting “pass the ball” and groan when he doesn’t. You may be holding onto a property you desperately need to pass off, but you’re waiting for the real estate market to improve or some other reason to sell it. In this case, you may not see that opening downfield. A 100-year-old IRS code – the 170 Bargain Sale – was originally created to encourage philanthropy, but also offers a brilliant solution to this situation.When an asset is simply accumulating costs – taxes and maintenance – with no relief in sight, it’s time to hand it off to someone who can put it to good use.With the Bargain Sale, you can offer a nonprofit your asset at a significantly reduced price, receive cash at closing and receive a charitable contribution deduction for the difference between ...

DR. JOHNSON’S LEADERSHIP COMES FROM YEARS OF EXPERIENCE

GoodField Investments is led by Dr. Joe Johnson, an entrepreneur, investor, and startup expert. He has worked and studied the field of entrepreneurship and organizational leadership for over 25 years. Over these years, Dr. Johnson ( Welfont Joe Johnson ) has launched and funded dozens of startups, mainly in small and high-growth companies. Additionally, he has more than 12 years of commercial real estate investing experience and has bought over 10 million sq.-ft. of commercial real estate in dozens of states. Dr. Johnson is the founder and principal of GoodField Investments, which operates as his main investment company to fund new startups and his own personal investments in real estate or other unorthodox and creative investments. GoodField Foundation, which Dr. Johnson also funds and runs, invests heavily in high-impact ministries, microloans to underprivileged entrepreneurs and entrepreneurial research. Additionally, he is the Founder of Welfont, a startup that is now one o...

Make Bargain Sale Your Winning Strategy

Take it from the Welfont Group( Welfont joe johnson ) that when it comes to selling, there’s selling for a profit, then there’s selling for so much more than just profit. Let’s say a few years back you bought a property you wanted to fix up and sell, but somehow you never got to the fixing part and now it’s sitting idle.What’s worse is it’s actually costing you money to maintain it and the last thing it’s doing it making you any money. Sure, you can just grab the phone, hire a real estate agent to market the property for you, hire a property manager to make sure it stays in good condition, but you still have to wait. In the end, after someone buys it (make that if someone does) you rake in the profits. However, how big will those profits be after you factor in how much you had to pay the real estate agent and the property manager. Then there are the taxes. Welfont Group founder and CEO  Welfont Joe Johnson  says there’s selling for profit, and selling for more than ...

A Loan Of $600 Helped To Pay Agricultural Needs

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Entrepreneur  Dr. Joe Johnson ( Welfont Joe Johnson ) helped fund a microloan for Santos Isabel, an entrepreneur from Peru. Here is Santos Isabel’s Story In the district of Pomahuaca in Jaen, Cajamarca Province, Peru, you will find Santos Isabel. He is 41 years old and currently in a common law marriage where he has children with his partner. He is a hard worker, and over time he has received a large number of personal and work references from the inhabitants in his area. For the most part, he is making a living in agriculture and farming cattle. He has been doing this for 12 years and is now looking for a loan to make improvements to his farm. To keep his farm going, Santos Isabel approached Edpyme Alternativa for a loan. The money that he receives would be used for agricultural tasks, the application and incorporation of phytosanitary products, fertilizers and the labor costs of his harvest. His loan was locally administered by Edpyme Alternativa, a non-governmental...

A loan of $225 helped to purchase additional groceries to sell.

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  Dr.   Welfont Joe Johnson   funded a microloan to Rosemarie, a general store owner in the Philippines.   Here is Rosemarie’s Story  In the city of Tanjay in the Philippines lies a small general store that is run by Rosemarie, a hard working woman who has been in business for the last five years. In that time, her business has grown from strength to strength, and through her hard work, she has managed to support her family.  She went looking for a loan with Negros Women for Tomorrow Foundation, Inc. (NWTF), to help her increase her capital by 10,000 Philippine Pesos to grow her business by purchasing additional groceries to sell. This loan has been fully repaid, and Rosemarie is now on the way to providing secure future for herself and her family.  Funding Partners  Her loan was administered locally by NWTF, a non-governmental organization that was created with the aim of helping men and women attain financial stability and self-sufficie...

How IRS Section 170 Bargain Sales Help The Community

While much has been written about the benefits that investors, buyers, and sellers derive from the IRS Section 170 Bargain Sale, one much-overlooked aspect of the transaction is the benefit that society gets from the sale. The IRS Section 170 Bargain Sale was originally designed as a way to promote giving and to preserve wealth for donors and sellers alike. Every year, there are more than 200,000 IRS Section 170 Bargain Sale transactions, with an estimated total value of $8 billion yearly. Non-profit organizations typically receive a substantial amount out of these transactions. On top of that, there are other ways by which a Section 170 Bargain Sale can have a positive impact on the community. First, it reduces waste and allows underutilized, distressed property to be transferred to another entity that might have a productive use for it. The Section 170 Bargain Sale allows the owner of the property to get a cash tax cut based on the full and fair market value of the property, t...

MEET Dr. Joe Johnson

Dr. Joe Johnson is also known around the country as Joe Johnson Speaks. When he fully accepted his responsibility of thinking, acting, and living purposefully, he was able to set himself up for the lifestyle he deserves and begin to help other's do the same. When he started Joe Johnson Group,  his gift of speaking and training individuals in K-12 and college settings allowed him to travel the country and impact students and professionals. Because of his unique combination of natural common sense, street smarts, and learned book smarts, he has been trained to identify the gaps and needs of individuals and organizations.     Recognizing the need for individuals to reconnect with themselves in order to thrive in their business, career, and life, Welfont Joe Johnson authored the book "Pursue Your Purpose Not Your Dreams" to help individuals with this process. He developed curriculums, online programs, provides personal development coaching, and also consul...