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Apartment Investor's Club Podcast

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Aug 23, 2023 • 41min

Invest Your Way Out of Your Corporate Job: How Real-Estate Syndication Can Bring Financial Independence w/ Ryan McKenna

Have you ever heard these myths about achieving financial independence through real estate syndication? Myth #1: You need to be rich to get started. Myth #2: Real estate syndication is only for experienced investors. Myth #3: It's a risky and uncertain investment strategy. In this episode, our guest Ryan McKenna will debunk these myths and reveal the truth behind real estate syndication as a path to financial freedom. Stay tuned for some eye-opening insights! In this episode, we cover: 👉Ryan’s journey towards financial independence by harnessing the potential of real estate syndication. 👉transitioning from structured corporate life to the adaptive sphere of real estate investing 👉how to assemble a successful real estate portfolio, leveraging passive income streams and capital events 👉the essentiality of an entrepreneurial stance and the leverage of an income-generating side hustle. 👉the indispensable role of tenacity, adaptability, and diligence in charting your course in the realm of real estate investments 📑About Ryan McKenna Ryan McKenna is the CEO and Founder of McKenna Capital, a private equity firm that offers passive investing opportunities to limited partners through both syndications and funds. Ryan is a current general partner in 75+ real estate syndications, totaling 15,000+ units across the United States, with a portfolio transaction value over $2 billion. Ryan has also invested as a limited partner in 100+ syndications and has made it his mission to share passive investment strategies to help others achieve and maintain wealth through real estate syndications. 🌎Reach out to Ryan McKenna McKenna Capital websiteLinkedIN 🖋️ Some key points: (00:49) - snapshot of ryan mckenna, (02:15) - investing your way out of a corporate job, (04:02) - ryan's side business and capital source, (05:32) - replacing income with passive investments, (12:33) - life-changing diagnosis, (14:11) - repurposing and adapting, (16:30) - building trust with professional athletes, (19:30) - sharing the opportunity, (24:26) - innate curiosity and discipline, (25:01) - excitement and organization, (26:17) - daily routine and mental health, (28:12) - breaking into syndication, (32:14) - organic growth and networking, (36:44) - current real estate market, (38:20) - deal flow and covid-19, (38:51) - diversification and long-term approach, 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting
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Aug 16, 2023 • 42min

From W2 Employee to Real Estate Entrepreneur: Taking Back Control Over Your Life w/ Jens Nielsen

Let’s extend a warm welcome to Jens Nielsen, a seasoned real estate investor and high-performance coach known for reshaping traditional career paths. Initially embarking on a conventional IT career spanning more than 20 years, Nielsen's personal reflections and a longing for change led him to dip his toes into real estate investing. Initially venturing into smaller property deals, Nielsen soon gravitated towards syndication and eventually transformed his investment efforts into a thriving business. His compelling journey is marked by his relentless will to live life on his terms, and the choices he made to bring that vision to life. In this episode, we cover: 👉why fostering robust relationships in real estate investing is a game-changer, setting the stage for successful deals 👉key insights on value-add investing strategies, enabling you to identify lucrative opportunities often overlooked by others. 👉 the perks and factors to keep in mind when making passive investments in real estate syndications to safeguard your financial future 👉taking calculated risks, learning from every success and failure, and progressively amplifying your investments 👉the power of networking events and conferences, expanding your realm of knowledge and growing your circle of industry peers 📑About Jens Nielsen Jens Nielsen is the founder and principal of Open Doors Capital. Mr. Nielsen oversees the company’s acquisition analysis, business-development activities, and asset management. He also directs Open Doors Capital’s overall investment strategy. He brings to the company over 25 years of experience in computer system management and organizational leadership. Open Doors Capital has purchased over 2,000 apartment units since 2016 valued at over $200M. The company focuses on B & C class value add apartment deals in New Mexico, Oklahoma, Ohio, and Pennsylvania.  Mr. Nielsen is also a Certified High Performance Coach. He has coached over 70 clients to higher levels of success in their business and personal lives through strategy, accountability, and personal growth. Prior to his entrepreneurial activities with Open Doors Capital, Mr. Nielsen held leadership and technical roles in telecommunication and IT companies around the world. Throughout his career, he specialized in system implementation, optimization, and management.   He graduated summa cum laude from the University of Maryland with a Master of Science degree.  🌎Reach out to Jens Nielsen FacebookInstagram LinkedIN 🖋️ Some key points: (00:28) - making the mindset shift, (03:26) - overcoming limiting beliefs, (08:36) - turning real estate into a business, (14:06) - finding partners, building trust (18:06) - visionary vs. integrator, (20:45) - scaling up, (22:48) - deal locations, (27:55) - building trust with initial investors, (29:23) - finding investors, (30:44) - meetups (32:01) - building relationships vs. selling, (33:51) - high performance coaching, (41:08) - contact information, (41:31) - conclusion, 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting  
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Aug 9, 2023 • 43min

The Kansas City Advantage: Why Smart Investors are Flocking to the Heartland w/ Logan Freeman

Discover why real estate investor Logan Freeman believes that investing in the Midwest, particularly Kansas City, is the key to success in the market. With affordable prices, strong demand drivers, and infrastructure improvements, Kansas City offers cash flow opportunities now and the potential for future appreciation. But what happens when the market stabilizes and returns to normal? Find out how Freeman's analysis leaves investors questioning their next move in this captivating episode. In this episode,we cover: 👉the integral connection between asset management and successful real estate dealings. 👉 the value of finding compatible and skill-diverse partners in catapulting your real estate enterprises to greater heights 👉the hidden gems of the lesser-explored niche asset classes, namely small retail properties and adaptable industrial spaces 👉why the Midwest, more specifically Kansas City, is an attractive hotspot for lucrative real estate investment 👉Freeman's distinctive approach to real estate investing, and his noteworthy future leadership goals. 📑About Logan Freeman Logan Freeman brings over 6 years of real estate experience to the team starting his real estate career with a single-family rental portfolio where he executed over $50MM in acquisitions. From there, Logan moved to the commercial brokerage world where he was the leading salesperson year over year as he created, led, and executed a unique strategy for representing Buyers in 1031 transactions. Logan oversees the Investor Relations and Marketing Divisions at FTW Investments and contributes heavily to its project sourcing and capital raising efforts. Logan leads XchangeCRE, an affiliate of the firm that assists 1031 exchange investors in identifying replacement properties and other tax-advantaged reinvestment strategies including TIC investments with FTW Investments. Logan leverages his people skills and transaction background to drive new acquisitions, capital raising, and investor relations. FTW owns and operates over 1400 multifamily units across the midwest and an additional 400k sq/ft of commercial properties. Logan is a voting member of the firm’s investment committee. 🖋️ Some key points: (03:25) - importance of asset management, (06:31) - background and journey, (09:43) - motivation and inspiration, (13:31) - finding the right business partners, (16:45) - triple net industrial and retail space, (19:59) - class b multifamily focus, (23:40) - risks in class c assets, (26:38) - why the midwest is a good place to invest, (28:51) - demand drivers in the midwest, (32:27) - potential for growth in the midwest, (34:24) - midwest as a cash flow investment, (39:36) - diversifying sources of capital, (40:49) - transitioning to leadership, 🌎Reach out to Logan Freeman LinkedINFTW Investments 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting  
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Aug 2, 2023 • 32min

Using Real-Estate to Achieve Financial Independence While Serving Full-Time in the Military w/ Taylor Wing

In this episode we feature the incredible success story of Taylor Wing. Taylor, a former US Army artillery officer, defies financial constraints by utilising creative financing strategies to rapidly grow his real estate portfolio to 32 doors while stationed at Fort Bragg, ultimately proving that one can achieve financial freedom through real estate, even with limited funds and limited time.  “If you can pull off your first deal successfully, all of your anxiety, all of your systems, will be stress tested. Let's just rinse and repeat and do that over and over again.” In this episode, we cover: 👉the strategy for achieving monetary autonomy via real estate while managing a military career 👉 tactics for unconventional financing to break the chain of huge initial investment. 👉varied prospecting techniques and the impact of relationship marketing in property procurement. 👉being a lone wolf to owning a thriving home buying business through strategic systems and outsourcing. 👉the expansion of the real estate marketplace, "Town Square", and what lies ahead for Taylor. 📑About Taylor Wing Taylor graduated from the United States Military Academy in 2018 and served as an Army officer in the 82nd Airborne Division. After reaching his financial freedom goals, he is currently transitioning into a full-time real estate professional. While serving on active duty, Taylor handled over $20 million dollars of real estate transactions through flips and wholesales and acquired over $5 million dollars of real estate assets. Taylor Co-Founded a home-buying business, Black Knight Property Solutions and is working to help launch a technology start-up called TwnSqr- An off-market MLS and dispositions platform for investors. Taylor also has a passion for education and created the Real Estate Legacy Launch- a coaching program intended to produce similar real estate results for others as well. Although originally born and raised in Fresno, CA, Taylor fell in love with Florida’s Treasure Coast, and will reside in Stuart with his wife Helen and their two dogs Leo & Lily. 🖋️ Some key points: (01:06) - taylor wing's background, (05:30) - investing strategy and locations, (08:45) - overcoming capital obstacles, (10:29) - taylor's first deal, (12:14) - starting out in real estate, (13:38) - direct to seller marketing, (18:12) - transitioning to a full-time business, (19:38) - sourcing deals and target market, (22:05) - expanding into larger deals, (25:04) - overview of town square marketplace, (25:48) - nationwide access and benefits of town square, (26:41) - evolution of town square platform, (27:39) - future vision and goals, (29:07) - military values in business, 🌎Reach out to Taylor Wing InstagramLinkedIN Youtube 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting  
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Jul 26, 2023 • 36min

Escape Burnout: How Real Estate Investing Can Transform Your Medical Career w/ Harry Nima Zegarra

If you're feeling trapped in the never-ending cycle of working long hours as a physician, only to see your hard-earned money disappear in investments that yield little returns, then you are not alone! Many physicians find themselves frustrated and overwhelmed by their lack of financial freedom despite their successful medical careers. Instead of achieving the result they desire, they may be blindly following popular investment trends or relying on financial advisors who don't truly understand their unique needs and goals. It's time to break free from this cycle and gain the knowledge and tools necessary to succeed in real estate investing. In this episode,we cover: 👉The opportunities in real estate investment that physicians can take advantage of 👉The power of education and networking as game-changers in the realm of real estate investing. 👉How to pool capital from physicians for real estate undertakings. 👉The art of relationship nurturing and value offering in the process of capital raising. 👉 Partnerships and efficient labour distribution in driving growth in multifamily real estate. 📑About Harry Nima Zegarra Harry is a Pulmonary & Critical Care Medicine Physician, real estate investor, entrepreneur, co-founder and manager of Nima Equity, a commercial real estate syndication company where he helps physicians to earn passive income, lower taxes and achieve financial freedom. Harry has experience in rental properties and currently owns and manages 9 properties across the DFW metropolitan area. Harry is General Partner in 1076 units in 4 different States. Harry met his wife Mitsi in Medical School in Peru and they finished their training in Pennsylvania and Virginia. Harry currently works at a tertiary medical center in Dallas, TX. Harry and Mitsi love the outdoors. They have 2 boys, who love playing basketball and soccer. They love to vacation and travel to Cancun and Florida. Harry is also an avid runner. 🖋️ Some key points: (01:23) - balancing medicine and real estate, (04:08) - starting with single family homes, (06:30) - getting into multifamily, (09:45) - the importance of networking, (14:51) - physicians and raising money, (17:01) - providing financial education, (19:12) - building credibility, (21:00) - outreach and team building, (23:24) - transition to taking on deals, (29:08) - consistent webinars and meetups, (30:11) - division of labour, (31:51) - capital raising and success goals, (32:51) - keys to success, (34:47) - contact information for harry 🌎Reach out to Harry Nima Zegarra Phone:(484) 547-5019 Email harry@nimaequity.com Website https://www.nimaequity.com/about 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting  
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Jul 19, 2023 • 42min

From Single Family to Multifamily: Strategies for a Smooth Transition w/ J Scott

J Scott is the epitome of evolution in the real estate market. From flipping houses to becoming an active multifamily investor, his journey has encompassed highs, lows, and major pivots. J started in single-family real estate, scaling up to flipping nearly 450 houses from 2008 to 2018. As market dynamics changed, so did his strategy; he switched gears towards large apartment complexes, primarily in Houston, Texas, accumulating a worth of over $150M in deals. Yet, J's success is rooted in more than just real estate–it's a product of his invaluable experience in the corporate and tech arenas. In this episode,we cover: 👉Navigating the complexities of expanding a flipping business, arming you with insights to overcome challenges efficiently. 👉The critical role that partnerships play in diversifying and growing your real estate ventures. 👉How to  strategically transition into multifamily real estate, setting yourself up for success 👉Common red flags and green flags: how to identify the ideal partners and team members to bolster your real estate success 👉How business sometimes requires you to step out of your comfort zone and why you should embrace it to level up 📑About J Scott J Scott (he goes by "J") is an entrepreneur, investor, advisor, author. An engineer and business guy by education, J spent much of his early career in Silicon Valley (California), where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In 2008, J and his wife Carol quit their corporate jobs, moved back East, got married, started a family and decided to focus on real estate and investing. In the past fourteen years, they have bought, built, rehabbed, sold, lent-on and held over $150M in property all around the country. J is also a strategic advisor and mentor to several companies, business owners and entrepreneurs. J is partner at Bar Down Investments, focusing on purchasing and repositioning large multifamily projects. He is the former host of the top-rated BiggerPockets Business Podcast and is the author of five books on real estate investing, including the best-selling, The Book on Flipping Houses. His books have sold over 350,000 copies in the past nine years and have helped investors from around the world get their start with real estate. J and his family currently live in Sarasota, FL. J can be reached at j@jscott.com and you can connect with him at www.ConnectWithJScott.com. 🖋️ Some key points: (02:23) - J’s story of burnout in real estate  (04:52) - challenges in scaling a real estate business (08:05) - managing employees, (13:07) - importance of partnerships in business, (14:29) - alternatives to full-time employees, (16:01) - transitioning into multifamily real estate, (18:17) - contributing to the multifamily team, (25:35) - understanding different perspectives, (28:22) - the challenges of partnerships, (29:11) - lessons from failed partnerships, (30:56) - factors to consider in partnerships, (38:14) - overcoming introversion, pushing yourself (40:00) - what drives J Scott, (41:17) - how to connect with J Scott 🌎Reach out to J Scott Linktr.ee https://linktr.ee/jscottinvestor Email: j@jscott.comPhone: 770-906-6358 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. 🔅 Previous Episodes on Apartment Investor’s Club Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Podcasting
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Jul 12, 2023 • 40min

Achieving Location Independence With Real Estate w/ Jay Helms

📌 Get Jay’s Free E-Book: Make An Offer: Breakthrough Analysis Paralysis and Gain the Confidence You Need to Become a Real Estate Investor. Joining us today is Jay Helms, a genuine trailblazer in real estate investment, who transformed the inevitable upheaval of corporate instability into a financially liberating pursuit of property investing. He replaced the familiarity of bi-weekly paychecks with the thrill of procuring his first real estate investment just six months post venturing into the investment world. Jay now oversees an impressive cascade of income streams, making him a testament to the life-altering powers of strategic real estate investment. The freedom that Jay enjoys today, the agility to choose his location, the flexibility of his time, can all be traced back to that initial decision to walk the path less travelled. In this episode, we cover: 👉Secrets to achieving geographical freedom through real estate investing. 👉The path to building a diverse income stream with a solid real estate portfolio. 👉How becoming a parent can change your perspective as much as starting your own business 👉Howthe  W2 Capitalist community provides much-needed support to balance traditional jobs with real estate investments. 👉Insights on transitioning effectively from a corporate job to becoming a full-time real estate entrepreneur. About Jay Helms Jay Helms is an Amazon #1 Best Selling Author, has been featured twice on BusinessInsider.com, and is the Founder of The W2 Capitalist, a mastermind community for aspiring and experienced real estate investors. Timid, apprehensive, and fearful about purchasing his first single-family rental, Jay now owns over a million dollars in real estate assets and escaped the rat race after just 6 years of side hustling in real estate investing. Knowing that closing on the first deal is the biggest hurdle and mental roadblock for new investors, Jay has a goal to help one million people create multiple streams of income, achieve financial freedom, or build legacy wealth through real estate investing. Some key points:  (01:38) - snapshot of jay helms' business, (04:09) - the start of jay’s' real estate journey,  (05:50) - transitioning to full-time real estate,  (08:39) - parenthood and entrepreneurship,  (13:53) - projects and goals  (18:21) - the w2 capitalist community  (26:18) - deciding to travel,  (28:04) - turning their house into a b&b,  (30:06) - travelling in an rv and future plans,  (32:00) - taking things one year at a time,  (34:54) - advice for emulating the lifestyle,  (38:53) - future conversations,  (38:59) - closing remarks and how to reach out to Jay 🌎Reach out to Jay Helms Phone (205) 249-0248 LinkedIN https://www.linkedin.com/in/jayhelms IG https://www.instagram.com/w2capitalist/?hl=en W2 Capitalist 🌎Reach out to JonathanTwomblyLinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. Make sure to also check some of our previous episodes: Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Productions
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Jul 5, 2023 • 35min

From Zero to 1300 Doors With Eight Deals and Two Years w/ Eric Chadderdon

Meet Eric Chadderdon, a serial entrepreneur whose passion and drive for real estate has led him to impressive heights in the field. Making a significant switch from running a solar company to becoming a key player in the multifamily investment space, Eric has made strides to fulfil his mission to find a better way to build wealth in real estate. Testament to his dedication, Eric has successfully scaled his portfolio to over 1300 doors and counting, all within a short span of two years. In this episode,we cover: 👉How to pivot from a previous career into multi-family real estate 👉The ins and outs of running a large business with your family members 👉 The importance of team-work and well defined roles within the business 👉 The importance of social media and why you shouldn’t wait to get yourself out there as soon as possible About Eric Chadderdon Eric Chadderdon is one of the Co-Founders and Managing Partners with Gibby’s Capital Investments, a real estate investment firm headquartered in Houston, Texas Having grown up in and around real estate in Oregon, primarily in single-family, he later saw the transition to multi-family investments being the way of the future for him and his family Eric has a Bachelor of Science in Health Science Studies and also General Business from Boise State University (Go Broncos!). He spent over a decade in direct sales and management before making the transition full time to multi-family real estate. He’s made some of the strongest partnerships with other fast-moving, calculated, and successful real estate investment entrepreneurs. In the last two years he has gone from 0-1143 doors as a GP, owning just over $124MM of Multifamily Real Estate.  As the head of Investor Relations Eric provides investors strategic opportunities to diversify their portfolios with multifamily properties. He provides insights on market activity, cost segregation, bonus depreciation, property performance, and manages quarterly earnings as well as annual K1 reports. Some key points:  (00:28) Eric’s background in solar and sales (02:46) Why Eric got into multifamily real estate (04:13) Getting the first deals and realising you need help running a business (08:23) Jumping into business with family members (09:25) Division of labour inside the business  (10:15) Start getting on social media sooner rather than later  (15:30) Relationships often make the deal (19:56) Real-estate is a good business because it’s relatable (not not easy) (25:13) The future for Eric and Gibby’s Capital Investments (27:16) Do you need to have a background in the business before you get into multifamily?  (31:46) Closing thoughts & how to reach out to Eric 🌎Reach out to Eric Chadderdon LinkedINInstagram Gibby’s Capital Investments https://gibbyscapital.com/ 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. Make sure to also check some of our previous episodes: Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Productions
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Jun 28, 2023 • 39min

The Hidden Challenges of Historical Real Estate Asset Development w/ Agostino Pintus

Hospitality industry leaders and real estate advocates are bound to learn a heap from Agostino Pintus, a former CIO turned property mogul. With a background in corporate, Agostino capitalizes on his knowledge to build a business focusing on real estate. This includes stabilized multifamily acquisitions, ground-up development, historical rehabilitations, and the net lease business. His approach affords his investors abundant financial opportunities through diverse assets. Agostino's transition from stabilized multifamily investments to development is as fascinating as it is insightful. His current project, the restoration of the historic Rockefeller building, is set to leave an indelible mark on Cleveland's cityscape. In this episode, we cover: 👉the intricacies of historical asset development and their hidden complexity 👉the particular aspects of Cleveland’s market and why you shouldn’t be afraid to invest 👉forging a winning team and ensuring financial robustness to seal profitable real estate deals. About Agostino Pintus Agostino is a multifamily investor, syndicator, and entrepreneur with more than 16 years of experience in real estate. He currently oversees strategic partnerships, capital development, and platform development for Realty Dynamics Equity Partners, an investment firm specializing in multifamily acquisition and asset management services. He is also the subject of The Bulletproof Multifamily Mindset Show, a series highlighting topics every multifamily investor should know to build their success, as well the host of The Bulletproof Cashflow Podcast, a show focused on interviewing the top experts in the real estate and the mindset required to build success, all of which can be found on iTunes, YouTube and Facebook. He helps people build financial freedom through multifamily real estate and leverage their unique core competencies to achieve success. Investors at the top of their game work with Agostino to maintain their position, and in moments when business gets difficult, they strategize their return to greatness. If you are feeling stuck with your real estate portfolio or unsure of how to start, Agostino will lead you to clarity, focus and action.   Some key points:  (02:28) - moving away from multifamily,  (06:09) - building class a assets,  (07:24) - the Rockefeller deal,  (13:24) - the importance of cleaning and restoring the building,  (14:39) - breakdown of the deal cost,  (15:53) - understanding tax credits,  (19:28) - complexity of the project and timeline,  (26:17) - building a strong team,  (27:15) - why invest in Cleveland?,  (31:36) - avoiding saturated markets, (34:13) - understanding the culture of a city, 🌎Reach out to Agostino Pintus LinkedINWebsite https://agostinopintus.com/Twitter IG https://www.instagram.com/bulletproofcashflow/?hl=en 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. Make sure to also check some of our previous episodes: Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Productions
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Jun 21, 2023 • 33min

Achieving Financial Freedom by Age 27: Wyatt Simon’s Tips for Real Estate Investing

Meet Wyatt Simon, a real estate prodigy who turned financial freedom into reality at just 27 years old. After starting his career in sales and learning the ropes of home acquisitions, Wyatt ventured into real estate in Nebraska by buying his first duplex and single-family house. Today, he boasts ownership of over 200 units and runs his property management company. What sets Wyatt apart is his eagerness to share his experiences and motivate young investors to reach their full potential in the world of real estate. His success story is an inspiring testament to the power of determination and smart investing. In this episode, you will be able to: 👉Get acquainted with the BRRRR strategy and harness its power to supercharge your investments. 👉Comprehend the critical importance of property management in optimising your investment ventures. 👉Pinpoint value-add openings to increase cash flow and achieve outstanding financial returns. 👉Form a dynamic team with shared objectives and values, empowering your real estate investment experience. About Wyatt Simon After 4 years of college basketball, Wyatt began his career in corporate America working for a large foundation company grossing over $100M annually and quickly became #1 salesman. While finding success in corporate he became dissatisfied with the corporate lifestyle and which sparked investing in real estate to build passive income. Wyatt co-founded Full Circle Real Estate, a direct to seller real estate acquisitions company. In 4 years of focused investing Wyatt became financially free at the age of 27. Currently Wyatt has a portfolio of over 200 units totaling over $17M assets under management including single family homes, selfstorage units, and multifamily apartments. Wyatt is also founded Full Circle Property Management, his in house management team. Featured in the Jake and Gino movers and Shakers podcast, The Healthy Investor Podcast, and Success Science, Wyatt has helped investors internationally create passive income with real estate. Some key points:  (04:21) - Building a portfolio of 50 houses,  (07:20) - Moving into multifamily,  (10:42) - Starting a management company,  (12:48) - Starting out with single family homes,  (14:40) - First syndication deal,  (16:36) - Building an investor base,  (18:27) - Investing in the nebraska market,  (20:39) - Criteria for buying properties,  (25:35) - The importance of annualized return vs. irr,  (26:54) - Velocity of money,  (28:19) - Wyatt's future goals,  (29:38) - Reaching for enough,  (31:41) - Wyatt's contact information, 🌎Reach out to Wyatt Simon LinkedIN FacebookFC Equity Partners 🌎Reach out to JonathanTwombly LinkedIn: https://www.linkedin.com/in/jonathandtwombly Loved this episode? Leave us a review and rating on Apple podcasts by clicking here. Make sure to also check some of our previous episodes: Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton Hotel Conversions To Multi Family Housing With David Peters 🎤 Podcast post-production EZPZ Productions  

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