AIJ065: From Professional Soccer to Commercial Real Estate Success - with Dan Kennedy
The Lead Sponsor - Real Estate Investing Through Syndications and Funds
English - August 10, 2020 06:00 - 45 minutes - 31 MB - ★★★★★ - 55 ratingsInvesting Business Entrepreneurship david robinson real estate investing apartment investing multifamily investing apartment syndication multi-family syndication cashflow investing multifamily apartments Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Dan Kennedy of Driven Capital Partner shares his journey as a professional soccer player to single-family investing and finally into commercial real estate investing where he and his business partner focus on opportunistic commercial real estate deals.
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KEY POINTS:
3:26 his professional soccer career
5:50 how he started in single family
6:20 decided to move into commercial because of scalability and financing
7:05 helping professional athletes to invest for after their career
8:50 how he found his business partner
10:03 how he transitioned from soccer to real estate
12:30 why then chose to go full-time versus just going part-time
14:50 how he chose his markets and asset types to invest in
16:00 how he found and took down his first multifamily deal
20:30 how to work with property managers in smaller commercial multifamily
26:05 what is Capital Driven Partners focusing on moving forward
28:15 why he likes the Boise ID and Santa Barbara CA markets
30:25 what asset types he's avoiding
34:45 the challenges as an opportunistic investor
35:50 why he hires an institutional underwriter for 3rd party opinion
38:45 what's one thing you'd change about your apartment investing journey
ABOUT OUR GUEST:
Dan has actively invested in real estate since 2011, focusing on well-located investments with strong cash flow in three separate markets across California and Texas. In 2017, Dan decided to start divesting his Single Family Residence portfolio to focus on commercial real estate acquisitions. Dan started investing in syndications, allowing him to further diversify his holdings in student housing developments in downtown Los Angeles.
At Driven Capital Partners, Dan focuses his time on asset management and investor relations.
Dan retired from a 12 year professional soccer career in 2017 where he most recently played for the LA Galaxy.
Dan has an MBA from the USC Marshall School of Business.
CONNECT WITH OUR GUEST:
email: [email protected]
www.drivencap.com
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