Jan 05 2021 43 mins 3
Grab a pen and paper. Open your notes app. If you’re a millennial who’s still new in the business or who’s trying to go passive, this episode is for you. David Toupin, The Real Estate Jedi and a top millennial investor, will drop a ton of golden nuggets in real estate that you don’t want to miss. You will learn how a college student bought his first property and how he in his mid-20’s helped develop more than $100 million in multifamily. He co-founded Obsidian Capital Co, an Austin-based real estate investment firm, and raised over $30 million in investor capital. David also serves as Chief Executive Officer of Real Estate Lab, a community and software platform for multifamily investors. Let’s listen to David and learn how millennials can break into real estate! [00:01 - 07:30 ] Opening Segment Let’s get to know David Toupin His path to real estate The most underrated part of the business [07:31 - 18:37 ] Trust and Timing You make money in real estate when you buy, not sell David explains The 2 T’s to raise capital from investors according to David Numbers to look for in underwriting deals [18:38 - 28:13 ] Deals with Stories Don’t miss David’s tips for passive investors! David talks about the best deal he’s closed so far [28:14 - 37:52 ] Broker Relationships Listen to David’s approach to building broker relationships The secret to Start successfully in real estate [37:53 - 43:20 ] Closing Segment Connect with David - links below Trust people and don’t over-analyze David explains Final words from David and me Tweetable Quotes: “In real estate, you make money when you buy, not when you sell.” - David Toupin “I think the best deals also have a story.” - David Toupin Resources Mentioned: Cutco Real Estate Lab ------------------------------------------------------------------------------------------ Connect with David on LinkedIn, Facebook, YouTube, and Instagram. Visit Obsidian Capital and their LinkedIn page 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)
