One of the exciting things that got me charged up after completing my first syndication was the thought of helping and serving others. In my other business, all the profit flows down to myself and my family. With syndications, there are many passive investors involved. Impact the lives of others!
Expand your mindset! What do I mean by this? I’m 50 years old. It was three years ago when I purchased my first investment property, a duplex! You can choose to go Bigger!
It’s very interesting for me to interview all these highly experienced real estate investors. I learn a great deal from them and if you listen to the podcast, I hope you do as well! Get educated and then take action!
As many of you know, I started a podcast. On the podcast, I ask many of the guests “how can someone get involved in their first syndication deal as a passive investor.” Almost every guest starts by saying “get educated.” So how do you get educated?
You are crazy! I can’t tell you how many times I’ve heard that one! I believe the majority of us are raised and trained that working for a big corporation and climbing the corporate ladder is the smart and most stable approach to a career and life. I guess I’m not wired that way!
In 2019, we decided to sell our home. It was not an easy decision. We had lived there for 10 years and this is the home we raised our family in. When we move here in December 2009, our kids were seven and nine years old. This is the home they will always remember. So why did we sell?