The Importance of Systems in a Business

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I don't like to see a solo operator. I need to see a team with a business around it. And again, the systems, yes, they matter, but if you don't have systems, to me, you don’t have a business. So those are two huge things that I look for. Do they disqualify somebody right away? Not on the staff of a finger,. But yeah, you're gonna have to have some pre-phenomenal other boxes to check for me to overlook those.

Justin Moy has been a real estate professional his entire life. He started selling single family homes in the 3rd most competitive market in the country, and he was able to become a top producer within his 2nd year at the largest firm in the area.

Through that experience, he realized there was a difference between being rich and being wealthy, and he started to look for ways to turn his transactional income into long term wealth to buy back his time. Apartment syndication was the answer as it provided a much quicker time to large financial returns, and it provided truly passive income.

Now, Justin does everything he can to spread the word about passive investing because he truly believes that if all career driven professional understand this space, there isn't anyone would wouldn't participate.

HIGHLIGHTS IN THIS EPISODE:

00:00 - Intro

01:28 - Justin’s Background

06:19 - Overcoming Challenges

10:31 - Getting Into Multifamily

13:16 - Mindset of Multifamily

15:06 - Mentorship

15:55 - Key to success / Finding Partners

18:12 - Justin’s Portfolio

19:21 - Vetting a Deal

22:35 - The Importance of Systems

24:17 - Advice For The New Passive Investor

29:58 - Justin Recommends

30:58 - Connect with Justin

31:55 - Bucket List

CONNECT WITH OUR GUEST:

http://arealminvestor.com/

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CONNECT WITH OUR HOST:

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

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