Scaling Through Partnerships and Investing in People - with Justin Spaulding | TLS015
The Lead Sponsor - Real Estate Investing Through Syndications and Funds
English - August 19, 2019 12:00 - 32 minutes - 22.2 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, Justin Spaulding shares how his time as a collegiate football player helped him develop the right mindset and habits that has to led to his success in business.
He walks us through how he found, acquired and sold a home-run self-storage facility that he purchased for $2,400,000 and sold for $3,565,000 just 30 months after purchase on just $60,000 of total capital invested into the deal. Recognizing an annual I.R.R. of 723.2%.
He also discusses the importance of partnerships and investing in other people to help you in your real estate investing business.
About Justin Spaulding
Justin Spaulding is President and co-founder of Spaulding Group, as well as SG Realty, (property management and real estate holding companies) which owns and manages over twenty-five million dollars of real estate including 300 apartments, and 3 commercial office spaces.
Justin made his first real estate investment at age 19. He then decided to become an independent distributor for a leading direct sales company where he grew one of the largest producing sales team within the company. His direct sales income was the seed money for his real estate (and other) investments.
He has successfully raised more than $6,000,000 of 3rd party investment funds for real estate deals.
Justin is, most recently, a minority shareholder of MAVANA (Mixed Animal Veterinary Associates North America). MAVANA currently owns 30+ veterinary practices throughout the continental United States.
Justin was an NCAA All American football player at the University of Dubuque (Iowa) and in September 2019 will be inducted into the University of Dubuque Athletic Hall of Fame.
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