Storage Wins EP442: Nathan Trunfio & Alex Pardo Discuss Leadership, Lending, Transitioning from SFH to Multifamily (& Common Mistakes You Must Avoid!)
Nathan Trunfio is the President of DLP Lending, a private mortgage lender providing innovative funding solutions for real estate investors. Nathan shares his thoughts on how to be a great leader, owning single-family vs. multi-family properties, and some of the common mistakes investors make when it comes to owning multi-family properties.
Key Takeaways:
- How did Nathan get started in real estate?
- The key to Nathan's success has been working on his own personal development and a better understanding of himself; He works hard to make an impact on others.
- Direct Lending Partners have doubled in staff since Nathan joined. What's been the hardest part of that journey?
- How does Nathan enjoy the success he's achieved vs. setting new goals and heights?
- You have to take the time to get to know your team members and what motivates them. Is it money, time, gifts?
- What are some leadership resources that Nathan loves to use?
- It feels like everyone is rushing to get into multi-family. We'll explore what's going on there!
- People are willing to pay more for the same product right now.
- If you do decide to own multi-family, dive deep, and research it.
- Always know what types of strengths you bring to the table.
- Nathan shares a story on how someone he knew broke into the multifamily space.
- What makes people fail in multifamily? Nathan shares his observations.
- How has lending changed, now that everyone is operating in this 'new normal'?
- What advice would Nathan give his 20-year-old self?
- Nathan shares a little bit about his podcast, Talking Loudly, and what's it about.
- Interested in some direct lending solutions? Reach out to Nathan!
MENTIONED IN THIS EPISODE:
Connect with Nathan: Directlendingpartners.com, Talkingloudly.com & LinkedIn
BOOK RECOMMENDATIONS:
Leadership Wisdom from the Monk Who Sold His Ferrari, by Robin Sharma
Cs Chief Leadership Officer: Increasing Wealth So Everyone Profits, by Kevin W. McCarthy
The 5 Levels of Leadership: Proven Steps to Maximize Your Potential, by John C. Maxwell
Don't Wait To Enjoy Your Life Tomorrow, Live It Today! How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life:
Get Access Now: Free 5 Part Video Training Series on "How To Quickly Generate The Most Qualified Motivated Seller Leads & Produce High Margin Deals WITHOUT Investing a Bunch Of Your Time and Money"
π LISTEN & SUBSCRIBE TO THE FLIP EMPIRE SHOW (PODCAST) on Apple Podcasts βΆοΈ http://www.flipempire.com/podcast πΊ SUBSCRIBE TO ALEX PARDO'S YOUTUBE CHANNEL NOW βΆοΈ https://www.youtube.com/alexpardo π How To Grow Your Business, Expand Your Impact, and Experience Your Perfect Life Don't Wait To Enjoy Your Life Tomorrow, Live It Today βΆοΈ https://www.AscendYourSuccess.com/ π» Access to Online Course: 5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less): http://www.flipempire.com
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.. Tweetables:
"The continuous grind, the continuous grit, the continuous setting of expectations and holding people accountable is what allows us as a unit to continue to set the bar higher."
"If you're looking to grow as a manager and a leader, you will only get out what you put in."
"My advice to those looking to get into multifamily is crawl before you walk before you run. At the end of the day, it's about profit and being successful at what you do."
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