This Thrill-Seeking Billionaire Made A Fortune In Luxury Apartments

Larry Connor made a fortune in luxury apartments by obsessing over the smallest transaction. His strategy has paid off for years, but now that the market has shifted, how close to the edge is he willing to go?
“You’ve got to be willing to take calculate risk, not stupid risk,” Connor says. That has been a winning strategy for him and his real estate firm, the Connor Group, which has led to three decades of astronomical returns and a $2 billion personal fortune.
Since he cofounded the business in 1991, its investments in luxury apartments have generated an annual rate of return of 30.4%. That’s almost unheard of in an industry in which titans such as Blackstone and Brookfield have posted returns of 16% and 18% in real estate, respectively, since inception.
0:00 Intro
0:52 Who is Larry Connor?
1:15 Entrepreneurial Journey
4:11 Formation of The Connor, Murphy and Berman Group
5:25 Methodology for Success
6:52 Thrill-seeking Adventures
8:11 Philanthropic Pursuits
11:01 The Greater Dayton School
13:44 Larry the Leader
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Пікірлер: 135

  • @theforeignspeculator
    @theforeignspeculatorАй бұрын

    The guy Grant Cardone wishes he could be 😅😂😂😂

  • @Robertking1996

    @Robertking1996

    Ай бұрын

    🤭

  • @keirdoubas

    @keirdoubas

    Ай бұрын

    Larry is 1 million times the man grant the charlatan will ever be.

  • @jirenthegray

    @jirenthegray

    Ай бұрын

    Facts 😂😂😂

  • @ZoongoZang

    @ZoongoZang

    29 күн бұрын

    ITS 4K TO CAP 400 PPL UP

  • @martinc8084
    @martinc8084Ай бұрын

    This guy is the definition of what it means to be American!

  • @Voydmusic

    @Voydmusic

    Ай бұрын

    1:05 his profile looks very greek tho 😁

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Ask his tenants what they think about him. He got rich by being a lying bully.

  • @apersaud297
    @apersaud2975 күн бұрын

    I’m not trying to throw shade but why are they emphasizing so much that a billionaire gave away 1.6 million between 400 people that work for him that’s only 4K a person…

  • @marceldwayne8491

    @marceldwayne8491

    4 күн бұрын

    Right, if he gave away, $25k it would be a bit more impressive but $4k I can give that away lol!

  • @axelcienfuegos1567

    @axelcienfuegos1567

    23 сағат бұрын

    That’s more than the government gave us

  • @EcomCarl
    @EcomCarl29 күн бұрын

    his journey from a self-described C student to a billionaire real estate investor is truly inspiring! His focus on developing systems, processes, and strategies in the real estate industry showcases the importance of innovation and perseverance in entrepreneurship. 💡

  • @feelfreetopanic1542

    @feelfreetopanic1542

    24 күн бұрын

    Go read about what his tenants think of his "truly inspiring" business tactics. This guy is a slum lord and doesn't care about anything or anyone but himself

  • @Ashnesss

    @Ashnesss

    15 күн бұрын

    A C student can get A’s if they put in the work or change schools. Most people don’t get C’s consistently. Obviously that was his WORST grade which means he got A’s and B’s too. He always had it in him. He just had to find the right field in which he was willing to put in the work.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    15 күн бұрын

    @@Ashnesss too bad where he puts in the work is in conning his tenants and running slums

  • @TalesOfTrillions
    @TalesOfTrillionsАй бұрын

    Larry Connor's journey from a 2.0 GPA to a $2 billion empire proves that success isn't about where you start, but where you're determined to go.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    29 күн бұрын

    Wrong. His climb is all about conning his tenats. Go live in one of his luxury properties and report back on what a "great" man this is.

  • @mamusichmilan7729

    @mamusichmilan7729

    29 күн бұрын

    @@feelfreetopanic1542 How could he con his tennants on that scale for so long? No word of mouth spreading?

  • @MichaelFox-tf5ne

    @MichaelFox-tf5ne

    28 күн бұрын

    ​​​​@@mamusichmilan7729Larry Connor goes after tenants with defamation lawsuits for posting the truth about his corporation. Look up The Connor Group v. James Raney...messy

  • @D_veraz
    @D_verazКүн бұрын

    This is what it means to do things right, its not just the money once you are up there, its helping others the right way.

  • @richyr5876
    @richyr587615 күн бұрын

    thank you! finally someone said it. 1:32

  • @VentiDecimi
    @VentiDecimiАй бұрын

    Truly inspiring, thanks for sharing!

  • @GregNow
    @GregNow5 күн бұрын

    10:00 nice $4K unexpected bonus

  • @turboZ3
    @turboZ3Ай бұрын

    wow 2:06 "he'd pick up dead bodies and drop them off for $5 apiece" nice wordplay Forbes, definitely doesn't give off psycho vibes or anything.

  • @ruebentauk2938

    @ruebentauk2938

    Ай бұрын

    I went to comment the same thing. A poor choice of words

  • @turboZ3

    @turboZ3

    Ай бұрын

    @@ruebentauk2938 to say the least 😂

  • @RonaldRohdeLaw

    @RonaldRohdeLaw

    Ай бұрын

    at least he didn't say he found them or created them

  • @creativemindplay

    @creativemindplay

    Ай бұрын

    These Gen Z youtube journalists have all the linguistic skills of first day intern at the national enquirer. It's embarrassing.

  • @turboZ3

    @turboZ3

    Ай бұрын

    @@creativemindplay dont pin it on Gen Z we are not all the same 😂😂

  • @vashawnnelson1157
    @vashawnnelson1157Ай бұрын

    How do we get in contact with you guy’s-Georgetown SC

  • @kunai92
    @kunai92Күн бұрын

    We all agree Matthew McConaughey would play this guy if there's ever a biopic, right?

  • @Zach.Realty
    @Zach.RealtyАй бұрын

    this guy has grit, he has commitment to his ideals, fearlessly pursuing his own vision

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Go read the BBB reviews. His "grit" is all about exploiting and financially abusing people

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    He's a lying con artist. Go read the Better Business reviews......

  • @feelfreetopanic1542

    @feelfreetopanic1542

    29 күн бұрын

    It's not a commitment to ideals that made him rich. It's lying to his tenats and being an outright bully

  • @Sinahdlngs
    @SinahdlngsАй бұрын

    Great video!

  • @manuelherk3236
    @manuelherk323627 күн бұрын

    Did i hear the dead bodies part right?

  • @user-yv4gg7jb2f
    @user-yv4gg7jb2fАй бұрын

    Always good to listen to a billionair once a while

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Go read reviews on the connor group to find out how he got so rich. He financially abuses tenants and lies constantly

  • @mosesmabele1255
    @mosesmabele1255Ай бұрын

    Great man 👌👌👌👌👌👌👏👏💯💯💯💯

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Wrong. Go read reviews that tenants have left on the BBB. Amazing thay they have an A+ rating yet have hundreds of 1 star reviews and an overall rating of 1 star

  • @edland8778
    @edland877812 күн бұрын

    Wow

  • @VenixSaffron
    @VenixSaffronАй бұрын

    Over works all his employees and doesn’t pay them over time worked. If you complain, you’re not “all in”.

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    Their motto "do the right thing"😂😂😂 this guy literally is a lying con artist.

  • @s4lino

    @s4lino

    Ай бұрын

    do you think with the times and situation now, it is hard to have a repeat'ish journey with the apartment part plus now there are probably super unions that you can no longer milk the corn...? though I guess now if you are not better or cheaper than AI you are not in at all, get the box and get you know where?.....I guess no one is perfect tho people/employees what not believed him enough like in a Maddoff kind of way so I guess its easier to milk once you get to a certain stage....'what you can still participate in elections if you are in jail...was my latest discovery'....its always whats not said right? (next time remember to read the nano print)

  • @avinchakravarthy4221
    @avinchakravarthy42215 күн бұрын

    This guy is a rock star !!! Respect

  • @feelfreetopanic1542

    @feelfreetopanic1542

    5 күн бұрын

    This guy is a lying con artist

  • @feelfreetopanic1542
    @feelfreetopanic154229 күн бұрын

    If Forbes had any ethics they would go out and interview a handful of the tenats that this man has manipulated and conned.

  • @kingstonstreet3726

    @kingstonstreet3726

    22 күн бұрын

    Where can I read about this?

  • @kevinvena474

    @kevinvena474

    19 күн бұрын

    It's just business.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    16 күн бұрын

    @@kingstonstreet3726 BBB is the only place they are unable to get reviews removed. Those are authentic reviews by current and former tenats

  • @ken8061
    @ken8061Ай бұрын

    Modern day dracula. Instead of blood, deals in money.

  • @creativemindplay
    @creativemindplayАй бұрын

    2:11 "apiece"? Or per body? 😅😅😅😅😅

  • @sheilatheodora3954
    @sheilatheodora3954Ай бұрын

    Ray Dalio also rated his employees. Interesting management.

  • @deirdrereynolds4684
    @deirdrereynolds468426 күн бұрын

    Nice

  • @VenixSaffron
    @VenixSaffronАй бұрын

    … go actually visit one of these “luxury apartments”

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    Mice, mold and trash everywhere

  • @LiamEamon-cq2px

    @LiamEamon-cq2px

    Ай бұрын

    Larry Connor lives in a fantasyland! Luxury his apartments are NOT. I cannot imagine being this out of touch with reality.

  • @ZoongoZang

    @ZoongoZang

    29 күн бұрын

    LOL LUXURY

  • @danielalem1143
    @danielalem1143Ай бұрын

    This the story I wanna hear ,the stuff of legends,never give up mentality …great content Forbes keep them coming🫶💪

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    This guy is a con artist that financially abuses tenants. Look into it.

  • @99CaNdYfLiP99
    @99CaNdYfLiP9913 күн бұрын

    *in* luxury apartments.

  • @glorykabwayi2439
    @glorykabwayi2439Ай бұрын

    Amazing guy..

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Ask his tenants what they think about him. Slum lord

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    So amazing. Roach and rat infested properties that he claims are "luxury" go read the BBB reviews on this slum lord

  • @turboZ3
    @turboZ3Ай бұрын

    so cool, very smart guy

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Yeah. He's so smart he somehow has an A+ BBB rating with literally hundreds of 1 star reviews. He's a liar and con artist. Look into it

  • @turboZ3

    @turboZ3

    Ай бұрын

    @@DevlinAdams-dp4nm sorry aint got time

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    So very cool. Finacially exploiting tenants is so cool

  • @turboZ3

    @turboZ3

    Ай бұрын

    @@PS-rl8tv the smart prevail

  • @feelfreetopanic1542

    @feelfreetopanic1542

    Ай бұрын

    Says a lot about you. ​@@turboZ3

  • @goat7844
    @goat7844Ай бұрын

    Tax breaks. Overcharging renters for so called luxury apartments. Loans from investors. It’s not what you know it’s who you know. Plus he’s only telling you what makes him look good.

  • @qwerty1994ize

    @qwerty1994ize

    Ай бұрын

    You just described business 101

  • @SK-lf1cr

    @SK-lf1cr

    Ай бұрын

    like the government would do better with the money? 🤣

  • @kingstonstreet3726

    @kingstonstreet3726

    22 күн бұрын

    Where can find this information?

  • @99CaNdYfLiP99
    @99CaNdYfLiP9913 күн бұрын

    Do you mean "in" luxury apartments, because he worked from "luxury apartments" or do you mean "with luxury apartments"?!

  • @manuelherk3236
    @manuelherk323627 күн бұрын

    The dead bod part sounds like its been written by chatgpt

  • @inalegwuokpe7371
    @inalegwuokpe7371Ай бұрын

    Really inspired by this👏👏

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Inspired by a slum lord? Go look at the BBB reviews of the Connor Group and reasses who you idolize.

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    You want to be a slum lord as well!? That's awesome!

  • @inalegwuokpe7371

    @inalegwuokpe7371

    Ай бұрын

    @DevlinAdams-dp4nm Just responded to what I saw,wasn't aware he was carrying any baggage ,I'll check it out.

  • @mobdroitchmobdrovitch9633
    @mobdroitchmobdrovitch963313 күн бұрын

    The flat broke giving financial advice to the weak and the desperate Take care and stay safe guys

  • @naimsalaam8632
    @naimsalaam8632Ай бұрын

    In Forbes fashion, that omitted 3 years is the information we need know!

  • @parkersorensen7602
    @parkersorensen7602Ай бұрын

    So he gave $4000 bonuses to all of his employees?

  • @VenixSaffron

    @VenixSaffron

    Ай бұрын

    Lol. If you want to call it that. It’s a contract if you accept the money you have to stay for 2+ years and if you get fired or quite they sue you and harass you. So… yea totally gave us money.

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    He's a con artist. The emplyees need to give it back if they ever leave. They also sign NDA's to try to keep the sum bag things they do to tenants under wraps. Lying thieves

  • @forward_ever_ever2595

    @forward_ever_ever2595

    Ай бұрын

    Dudes, at least he trying. There foreigners who would take that offer in a heartbeat

  • @user-cz1nh1hv9v
    @user-cz1nh1hv9vАй бұрын

    Aka money laundering

  • @ZoongoZang
    @ZoongoZang29 күн бұрын

    I HATE THAT THAT SISTA WITH A DAMNED CAP ON BROKE DOWN CRIED ABOUT 4K ...

  • @chonghunyi
    @chonghunyiАй бұрын

    My hats off to him😅😅😅😅😅

  • @akhonamaqwazima5312
    @akhonamaqwazima531229 күн бұрын

    Great story. What did he do to pay the lenders back the 900k before turning to real estate?

  • @feelfreetopanic1542

    @feelfreetopanic1542

    24 күн бұрын

    I'm guessing he used the money he cons out of his tenants in roach and mice infested apartments to pay back any debts he once had

  • @akhonamaqwazima5312

    @akhonamaqwazima5312

    23 күн бұрын

    No man, I am asking a legitimate question. My understanding was that he was broke at that point, kids, wife and 900k in debt. I am looking to understand how he transitioned from being broke, in-debt to real estate empire.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    23 күн бұрын

    ​​ @akhonamaqwazima5312 ​@akhonamaqwazima5312 what he does is buy up properties, slaps a "luxury" sign on them, paints them hideous colors, raises rent 20-30%, charges $80-100 per tenant for trash services, starts charging tenants for "common electric", $100-150 for internet (when it shlukd cost aboit $50). He is overcharging for utilities and pocketing the rest . He then cuts staff down to the bare minimum (my building went from 5 full time cleaners to 2 and subsequently the building was always filthy, 2 maintennce men to 1 that didn't know what he was doing) . Cuts down allocations to all amenities in the building (in my building we had a party room we would watch sporting events in, he cut off the cable to the TV, cut off the kusic service to the lobby and replaced woth a tiny cheap speaker), he encorages sales staff to lie to prosepctice tenats (many sign what they are being told is an "application" which they later find out to be a 2 page lease with no out clause), they gaslight current residents by doing a "mandatory" walk then pressuring them to sign a new lease immediately. If the tenats doesn't sign they get hounded relentlessly, maintence requests go undone for months on end due to low/incompetent staff. These are just a few examples. The buidings are filthy, trash everywhere (mold, mice, raccoons, dust,etc) staff lies straight to tenats faces. There is a "bootcamp" incomong staff have to go through where they are encouraged to lie to tenats. Staff gets bonuses based on google reviews so they do/say anything to get bad ones taken down and pay tenats (typically a $25 gift card) as an incentive to post postive reviews and ask friends and family of thiers to leave postive reviews in order to get the bonus. If you complain they have one of their extremely uneducated/wet behind the ears attorneys send you a threatening letter (I personally received one and I am happy to share it with anyone, it is filled with demonstrable lies). This man made his fortune by being a literal lyimg scumbag and I cant wait to see karma get him

  • @feelfreetopanic1542

    @feelfreetopanic1542

    23 күн бұрын

    ​I experienced all of this firsthand. If you read the BBB reviews and thier responses to people's complaints you will see how they belittle and lie to maintain their reputation. His business "ethics" and "morals" are less than zero. This man is a lying con artist.

  • @Feargamelioncheetahs
    @Feargamelioncheetahs18 сағат бұрын

    Get I promise it won’t happen I’m done with it

  • @dr.noemachaplin7208
    @dr.noemachaplin7208Ай бұрын

    Smart Leadership.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    29 күн бұрын

    He's a con artist. Go read the BBB reviews

  • @drunkensessions
    @drunkensessionsАй бұрын

    Too bad he didn't go to see the Titanic.

  • @AliasHSW
    @AliasHSW29 күн бұрын

    This is a Big PR package - but good on him if done on a daily.

  • @MichaelFox-tf5ne

    @MichaelFox-tf5ne

    28 күн бұрын

    It's not all done daily it's a facade. Look up The Connor Group v. James Raney. Larry tries to silence his critics with defamation lawsuits 😂 everything James Raney posted was factual.

  • @Trumppower
    @TrumppowerАй бұрын

    10:03 Best Man.. Gives back to the society.

  • @DevlinAdams-dp4nm

    @DevlinAdams-dp4nm

    Ай бұрын

    Yep. And he's doing it will money that he scammed out of tenants that live in his filthy complexes.

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    Go ask his tenats what they think about him giving away the money he conned out of them to make himself look better

  • @feelfreetopanic1542

    @feelfreetopanic1542

    Ай бұрын

    He's giving back with money he conned out of his tenants. Check out the BBB reviews

  • @lucianasalles7272
    @lucianasalles72723 күн бұрын

    👔✒👒

  • @brunoschwinn3757
    @brunoschwinn375728 күн бұрын

    He looks like David Coverdale

  • @JamesMassy
    @JamesMassyАй бұрын

    he was picking up dead bodies?

  • @feelfreetopanic1542

    @feelfreetopanic1542

    29 күн бұрын

    Wish he would go back to doing that instead of conning his tenants

  • @hatchegg80
    @hatchegg80Ай бұрын

    don't trust this guy

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    He's a very skilled liar

  • @camnova
    @camnovaАй бұрын

    “The rich get richer” 🙄

  • @keirdoubas

    @keirdoubas

    Ай бұрын

    he came from nothing and was broke at 40 remember 😂

  • @timheidel5849
    @timheidel5849Ай бұрын

    Sadly, so many people are making negative comments here. If you don't like this man, don't work for him or do business with him. His company is near me and I know many people who have had positive dealings with him.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    29 күн бұрын

    Go read the BBB reviews and report back. He literally cons every tenant that lives in one of his "luxury" properties. Connor Group took over a building I lived in and I had NO CHOICE but to live under thier rule for 9 months. My utility bills were raised over 200%, trash piled up everywhere because they didn't have maintenence people, they gaslight and bullied me. Larry Connor is a horrible person who built his fortune by lying, manipulating and hiring people who do exactly the same. Some people don't habe a choice to do business with him. When a property is purchased its not as though the tenats can do anything about it and many can't afford to buy out the full lease (which Connor Group requires you to do to get out). I really encourage you to go read the BBB reviews and rethink this comment. Good people are (right now) being victimized by this "man".

  • @timheidel5849

    @timheidel5849

    29 күн бұрын

    @@feelfreetopanic1542 I don't know of any apartment building owner who gets 100% positive reviews. It seems like many never like their landlord. If Larry Connor is doing anything unethical or illegal, I suggest that you (and others) contact those who enforce laws against such activity. As for BBB reviews, I have worked for businesses that received bogus BBB reviews. So, I don't give BBB reviews any credibility. Again, I live near the Connor headquarters and he is loved here.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    29 күн бұрын

    I also encourage you to go tour one of his "luxury" properties and experience the extreme pressure tactics and outright lies told to to prospective tenants. People tour and are sold one reality versus what his "luxury" properties actually are (mold, mice, dirt, filth, neglect, ignored maintence requests etc.) Amd once you sign that lease (which they will pressure and hound you to do) you are locked in for the full term of the lease. There is no 60 day notice. Once you sign and move in is when you realize how horrific the conditions are and how much you are being illegally gouged. And if you complain you will be met with attorneys letters threatening you. Post a bad review? Another attorney letter threatening you. Ask yourself why there are literally hundreds of negative reviews on the BBB. Go read them. This man takes advantage of hardworking people.

  • @MichaelFox-tf5ne

    @MichaelFox-tf5ne

    29 күн бұрын

    @timheidel5849 The majority of what Larry Connor is doing to make money for himself is illegal. Scamming money out of tenants with fabricated charges under the premise of utilities, junk fees totalling $250-$300/month above the signed rent, providing units with structural failures or code violations and demanding their "leaseholders" pay for the entire term when they've emphasized that they don't feel safe moving into uninhabitable spaces, cutting maintenance back to zero at his properties until residents get the county involved, forcing tenants to wait 3/4 months for repairs instead of 24-48 hours as is industry standard, not providing a notice of any kind to enter apartments when they finally DO feel like performing maintenance, marking repairs as complete with no work done, harassing/coercing tenants to sign renewal agreements at exorbitant increases, disguising leases as applications, refusing to make reasonable effort to sublease units for those who have vacated before the end of their term, discriminating against protected classes. I've had corporate landlords but The Connor Group is on a different level of nasty and manipulative. Larry is a joke to the Dayton and Cincinnati housing community 😂 he is a con artist. If you complain or highlight his behavior to the appropriate authorities you will be bullied into submission by their attorneys. This corporation and this man have serious issues.

  • @timheidel5849

    @timheidel5849

    29 күн бұрын

    @@feelfreetopanic1542 Again, BBB reviews have no credibility with me. And, again, if they are doing anything illegal, you should report that to the authorities who enforce the laws. Connor must be doing lots of things right...many of their/his properties are at or near full occupancy.

  • @steelelogan8751
    @steelelogan8751Ай бұрын

    I could listen to this man for hours. Very intelligent, and he has come a long way.

  • @PS-rl8tv

    @PS-rl8tv

    Ай бұрын

    He's so smart isn't he? He made his fortune lying and manipulating tenats. Go read the BBB reviews and rethink this comment

  • @LiamEamon-cq2px

    @LiamEamon-cq2px

    Ай бұрын

    He is a fraud. Tenants literally hate him. The only people who live in his communities have no other option.

  • @feelfreetopanic1542

    @feelfreetopanic1542

    24 күн бұрын

    Go listen to some of his sales people lie and manipulate current and future tenants