Building Real Wealth for Active Duty Service Members with Eric Upchurch

Eric Upchurch is the Co-Founder / Chief Product Officer of Active Duty Passive Income. After graduating, Eric joined the Army where he served for six years in Savannah, GA. While managing a squad of 27 Soldiers, Eric completed a Master’s degree in Aeronautical Science in 2010. As part of the Active Duty Passive Income team, Eric has a passion for educating the military community on how to create long-term wealth through real estate investing, while personally investing across the country for the last fourteen years. Eric has been involved in Self-Directed IRA investing, private lending, first trust deeds, tax liens, mobile home parks, multifamily syndications, live-in flips, single family flips, storage units, turnkey buy-and-hold properties and is now invested in over 1100 apartment units as both a General and Limited Partner.

 

[00:01 - 09:41] Opening Segment

Eric shares how he started investing in real estate
“I could help other people buy right.”
Why the key is to buy right
A Deep-Rooted ‘Why’ and Consistency 

 

[09:42 - 18:17] Building Real Wealth for Active Duty Service Members

Why you have to have a ‘why’.
For the memory and pride of those who died before Eric
Investors not managers of real estate
What You Need to Know to Create the Best Partnerships

 

[18:18 - 28:02] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?Live-in Flipping
Mobile home park and 80-unit multifamily

Eric’s worst investmentFirst Trust Deed and Tax Lien

What is the most important lesson that you've learned in business and investing?Eric’s Four-Step Success Formula

Connect with my guest. See the links below.

 

Resources Mentioned

Military House Hacking 

Tweetable Quotes:

“You have to be coachable.” - Eric Upchurch

“As long as you’re breathing, you have a purpose.” - Eric Upchurch

“Don’t start a company with someone you haven’t known for a long, long time.” - Eric Upchurch

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Connect with Eric Upchurch through Facebook, Instagram, and LinkedIn.  Visit his website https://www.activedutypassiveincome.com/. 

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

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