WS1585: Why Not Real Estate Syndication | Patrick Soukup

Consistent action with intentionality is key to generating impacts that are constant as well! In this episode, Patrick Soukup shares his unique perspective on real estate investment and why he is not a fan of syndication. He explains to us the reason behind why he chose to follow the buy-and-hold strategy when investing. 

He also shares his investment philosophy and talks about leveraging, the BRRR method and the strategies he uses and doesn’t use when investing in real estate. Listen in as Whitney and Patrick delve into the world of real estate and how you too can benefit from Patrick's expertise. Get ready to learn unique investment techniques, so tune in now!

Key Points From This Episode: 

• Patrick shares about his real estate business and his current focus right now. 
• The first property that Patrick has bought and his thinking despite the market crash that year 2009.
• What exactly is the ‘fixing and flipping’ strategy that Patrick uses?
• Why is it important to add consistent action on a weekly basis to also achieve success?
• Patrick talks about what is a “boring” investor and why he’s one of them.
• Why did Patrick choose the long-term approach to investing?
• The pros and cons of syndications according to Patrick’s opinion.
• Why didn't Patrick choose real estate syndication?
• Patrick explains his own strategies when investing.
• The one thing that Patrick would’ve done differently.
• Patrick’s predictions in the next six to 18 months and how it's affecting his business decisions.
• Patrick’s most important personal and professional metrics.
• The habits that produced the highest returns for Patrick.
• The one thing that contributed to Patrick’s success.

Tweetables:

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After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.
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