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:

“I kind of mentioned to you how important a personal brand is building the relationships and community. And that's not done by accident, it’s done intentionally. And that's by way of essentially daily and weekly habits.” - Patrick Soukup

“If you put some consistent action, by way of daily habits, weekly habits, you start to see the impacts and the real results, years and years to come. And you just look and it's a direct correlation to the work that you put in.” - Patrick Soukup

“Think about working from nine to five, having so much time. But without intentionality behind it, I think you really can get lost. But if you put some consisten

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