How to Invest Passively in Apartments, Self Storage, and Mobile Home Parks with David Thompson
Road to Family Freedom
English - July 08, 2019 17:00 - 1 hour - 66.9 MB - ★★★★★ - 27 ratingsInvesting Business business investing realestate financialfreedom realestateinvesting firemovement flipping invest property rental Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
David Thompson sits down to tells us about his journey from the corporate tech world to raising over $46 million in capital for real estate syndications.
David Thompson has extensive experience in real estate investing in both domestic and international projects covering single-family, multi-family, and land development. He earned his MBA in finance from Thunderbird School of Global Management at Arizona State University. After spending over 20 years in high-tech management positions at Dell, AT&T, and Lucent Technologies, David left the corporate world to start Thompson Investing and has raised significant private equity capital. He helped provide investor funds to purchase over 2000 apartment units worth over $180M. He’s also funded self-storage and mobile home parks.
What you’ll learn about in this episode
How David got started buying residential real estate investment property in Austin, TX.Leaving his corporate job to begin working with investors helping them invest in commercial real estate.What is real estate syndication? The pooling of investor capital to buy a larger asset that they couldn’t buy on their own.What is value add real estate investing?How they add value to apartment communities.The struggle of balancing growth with the lifestyle he’s trying to build for himself and his family.Every investor you bring into a deal is a customer service job.How he grew his investor base from his corporate job and his wife’s Chinese nationality.How he got himself educated with real estate syndication and investing in apartment communities.The steps for building out your syndication business.Overcoming a lack of money when starting out in real estate.How to overcome a lack of experience by partnering with those with experience.The number of hours and kinds of tasks he needs to do as a syndicator.Tools he uses to communicate and manage relations with his investors.The importance of diversifying across asset class (niche), geography and operator (asset manager).The factors that make him comfortable investing in the Texas market.How to get started in real estate by finding a role on a team with more experienced investors.Why investing in apartment communities typically has less risk than investing in the stock market or single-family rentals.Different ways you can start investing actively in real estate syndications by helping experienced operators with different roles.Subscribe to The Road to Family Freedom
Help Us Out!
Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found here. Thank you so much! We really appreciate it!
Links from the show
BiggerPockets.comMailChimp.comBooks Mentioned in the Show
Strengths Finder 2.0 by Tom RathTweetable Topics:
David Thompson sits down to tells us about his journey from the corporate tech world to raising over $46 million in capital for real estate syndications.
David Thompson has extensive experience in real estate investing in both domestic and international projects covering single-family, multi-family, and land development. He earned his MBA in finance from Thunderbird School of Global Management at Arizona State University. After spending over 20 years in high-tech management positions at Dell, AT&T, and Lucent Technologies, David left the corporate world to start Thompson Investing and has raised significant private equity capital. He helped provide investor funds to purchase over 2000 apartment units worth over $180M. He’s also funded self-storage and mobile home parks.
What you’ll learn about in this episode
How David got started buying residential real estate investment property in Austin, TX.Leaving his corporate job to begin working with investors helping them invest in commercial real estate.What is real estate syndication? The pooling of investor capital to buy a larger asset that they couldn’t buy on their own.What is value add real estate investing?How they add value to apartment communities.The struggle of balancing growth with the lifestyle he’s trying to build for himself and his family.Every investor you bring into a deal is a customer service job.How he grew his investor base from his corporate job and his wife’s Chinese nationality.How he got himself educated with real estate syndication and investing in apartment communities.The steps for building out your syndication business.Overcoming a lack of money when starting out in real estate.How to overcome a lack of experience by partnering with those with experience.The number of hours and kinds of tasks he needs to do as a syndicator.Tools he uses to communicate and manage relations with his investors.The importance of diversifying across asset class (niche), geography and operator (asset manager).The factors that make him comfortable investing in the Texas market.How to get started in real estate by finding a role on a team with more experienced investors.Why investing in apartment communities typically has less risk than investing in the stock market or single-family rentals.Different ways you can start investing actively in real estate syndications by helping experienced operators with different roles.Subscribe to The Road to Family Freedom
Help Us Out!
Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found here. Thank you so much! We really appreciate it!
Links from the show
BiggerPockets.comMailChimp.comBooks Mentioned in the Show
Strengths Finder 2.0 by Tom RathTweetable Topics:
Connect with [Guest]:
Email: [email protected]Website: ThompsonInvesting.com*FTC Disclosure: This post may contain affiliate links. If you make a purchase after clicking on the links, Road to Family Freedom will get a small commission. We are dedicated to finding the coolest products for families looking to building financial freedom through real estate and we never recommend anything that we don’t love.