The Best Ever CRE Show JF 3984: From Engineering to Investing, Litigation Finance, and Diversification ft. Patrick Grimes
Aug 1, 2025
Patrick Grimes, Founder and CEO of Passive Investing Mastery, shares his fascinating journey from robotics engineer to savvy investor. He reflects on his early missteps during the 2008 crash and how they shaped his focus on recession-resilient markets. Patrick discusses the advantages of diversifying into non-correlated assets like litigation finance, funding significant legal cases for impactful returns. He emphasizes the importance of cash flow dynamics and creative solutions in uncertain economic times, advocating for a resilient investment portfolio.
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Early Real Estate Investment Advice
- Patrick Grimes was advised early by a tech titan founder to invest in real estate for lasting wealth.
- This guidance pivoted him from engineering to investing, setting him on his financial path.
Early Investing Mistakes and Recovery
- Patrick jumped into speculative pre-development deals right before the 2008 crash and faced foreclosure and tax issues.
- Despite financial and credit setbacks, he persevered without declaring bankruptcy, learning hard lessons.
Three-Bedroom, Two-Bath Resilience
- Three-bedroom, two-bath homes are the most recession-resilient single-family assets and first to recover after downturns.
- Properties below 80 units lack economies of scale, making them challenging to manage profitably.
