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Vital Strategies

035 | Passive Profits: Brian Dohmen's Guide to Building Wealth in Real Estate

Jul 9, 2024
27:11

What makes real estate a more hands-on investment compared to traditional stocks, and why could this be your path to financial freedom? 

In our latest episode, we sit down with Brian Dohmen, the founder and Managing Partner of Altitude Capital Partners. With a rich background as a banker and asset manager, Brian's unique journey into real estate development offers invaluable insights for both seasoned investors and newcomers alike. 

Brian shares his experience, detailing how his successful career in private credit asset management led him to recognize a more lucrative path in real estate. He saw an unparalleled opportunity to build wealth and has since been executing strategic deals across various locations. We also discuss the hands-on nature of real estate, underscoring that without proper attention and experience, investors can quickly find themselves in financial trouble. 

This episode is a must listen to learn how to navigate the dynamic world of real estate, the importance of infrastructure, and the opportunities that lie ahead. Don’t miss out on this insightful conversation that could change the way you think about building wealth. 

Key Takeaways: 

  • Strategic Deals: An overview of the types of real estate deals Brian is involved in and their locations. 
  • Portfolio Investment vs. Real Estate: The importance of understanding the active nature of real estate investments compared to passive investments like the S&P 500 fund. 
  • Partnering to Create a Hands-Off Approach: Bringing operators and investors together can be a win-win scenario. 
  • Team and Management: Insights into how Brian's team manages the development and operations of real estate projects. 
  • Profitability in Real Estate: Various ways to make money in real estate, with a focus on multifamily properties. 
  • Accredited Investor Criteria: Requirements for becoming an accredited investor, including income and net worth benchmarks. 

Guest Information:

Altitude Capital Partners – Building Partnerships to Unlock Value (altitude-cp.com)

Resources:   

Visit www.vitalstrategies.com to download FREE resources     

Listen to the podcast on your favorite app: https://link.chtbl.com/vitalstrategies    

Follow on Instagram at https://www.instagram.com/vital.strategies      

Follow on Facebook at https://www.facebook.com/VitalStrategiesPodcast     

Follow on LinkedIn at https://www.linkedin.com/in/patricklonergan/     

Credits:    

Sponsored by Vital Wealth    

Music by Cephas    

Audio, video, and show notes produced by Podcast Abundance   

Research and copywriting by Victoria O'Brien 

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