Senate Eskridge was born and raised in Twin Falls, Idaho. He and his wife Cari have raised five children in the valley. They are business owners, and Senate is also a Student Success Coach for Jake and Gino’s Wheelbarrow Profits Academy and an active Multi Family Real Estate Investor.


 


In today’s episode, Senate will share his tips for analyzing deals in real estate and syndication, what to look out for, and how to keep yourself safe when making investments.


 


“If you’re ever forced to sell a property, you're in a bad position. You want to sell when you want to, not when you have to.”


 


1:35 The journey from small-town Idaho to successful business owner. 


5:22 The struggle of becoming a real estate investor in the beginning.


8:37 The importance of mentorship in real estate 


13:47 The importance of understanding the type of debt you are getting into 


The first thing you need to look at is the partner you’re working with. – 19:38


23:57 When is the first debt payment going to happen? When are the interest only payments going to change?


30:58 Why it’s important to read the ppm.


36:05 Return of capital vs. return on capital 


 


About Senate Eskridge


Senate Eskridge was born and raised in Twin Falls, Idaho. He and his wife Cari have raised five children in the valley. They are business owners, and Senate is also a Student Success Coach for Jake and Gino’s Wheelbarrow Profits Academy and an active Multi Family Real Estate Investor. 


 


Being from Twin Falls, Senate has worked with several industries in the area. His vast experience made him a perfect fit for Multi-Family Real Estate investing. Currently, he owns 513 units and has helped nearly 100 people from all walks of life invest in Multi-Family Real Estate.