The Apartment Gurus Episode 043: Phil Kulp - The Benefits Of Passive Investing
Today's episode is extra special because it's Tate's birthday and it’s also recorded live at Pennsylvania. We want you to tune in and learn with Tate and his special guest Phil Kulp, who is a passive investor in the 179-unit deals they recently closed and discusses the value of real estate investing.
WHAT YOU’LL LEARN FROM THIS EPISODE
- History of Kulp Dairy Farm and its legacy
- Advantages of investing passively in real estate
- Taking over a new asset obtained
- The value of multifamily investing and leverage
- Respecting others’ opinions
ABOUT Phil Kulp
Phil Kulp grew up on a farm and comes from a long line of farmers. He went to college in Virginia for four years. He returned to work for his father in Kulp Dairy Farm for the first time in 1996. Their main products are milk, meat, and fertilizers. He then got into real estate and invested passively with Green Light Equity Group. He's had a lot of success and is diversifying his assets into commercial multi-family for cash flow, wealth growth, and tax benefits. He has a wife who works as a full-time school teacher, six children (three boys and three girls), and a dog named Slinky.
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