Jan 04 2021 46 mins 3
Our guest for today is David Lagat, Principal and Chief Executive Officer at Bella Asset Management. He has a broad range of skills including negotiation, accounting, asset management, investment properties, and real estate economics. He started investing in the stock market, but eventually found himself in real estate. He will talk about his jump to real estate that led him to acquire a portfolio now worth $300 million. That portfolio would not have been possible without these savvy and creative investing strategies. Let’s dive right in and learn from David how to turn a 4-plex into 4,000 units without syndication! [00:01 - 08:34 ] Opening Segment Let’s get to know David Lagat His path to multifamily investing [08:35 - 18:13 ] Equities and Debts Balancing regular work and real estate investing A goal is written in a notebook The factors that led him to go full-time in real estate How to leverage equities and debts [18:14 - 27:10 ] 1031 Exchanges How to leverage 1031 exchanges The right questions to ask in real estate Are single family and multifamily really different? David explains [27:11 - 37:27 ] Recourse and Non-Recourse Loans The importance of closing your first deal How to leverage recourse and non-recourse loans Don’t miss David’s strategies in real estate! [37:28 - 46:49 ] Closing Segment Connect with David - links below Here’s David’s advice for future investors Final words from David and me Tweetable Quotes: “Understanding the seller’s needs will help you frame your questions properly.” - David Lagat “You gotta be persistent. Set your goals...take the risks, take action.” - David Lagat Resources Mentioned: David Lindahl Dave Ramsey ------------------------------------------------------------------------------------------ Connect with David on LinkedIn and visit Bella Asset Management and their LinkedIn, Facebook, and Twitter pages to learn more. Guest email: [email protected] Connect with me: https://www.5tcre.com/ Facebook LinkedIn Instagram Watch 5T CRE on YouTube Leave us a review and receive your free ebook Email us --> [email protected] Support the show (https://www.buymeacoffee.com/5Talents)
