How To Start Investing in Multifamily Real Estate from Overseas - From Military to Millionaire Podcast

Michael and I chatted with hosts, David Pere and Alex Felice, about overseas investing and the importance of aligning with the right people and team. Tune in as we explain the systems and processes we've built that allow them to manage multifamily investments even when we are stationed abroad.

When everybody was sent home during the lockdown, we started questioning what they were going to do with the time and restrictions they're in. The two stumbled across the book, Multiple Streams of Income from a mini book club they started. Then and there, we knew that they could do it too!

In this episode, we reiterate the magic of having the right team and education. We believe that while for some multifamily syndication can get tricky, having different creative minds that know other things you don't prove one thing: you don't have to do everything yourself.

Outline of the episode:

[03:23] Starting from the book, Multiple Streams of Income.

[07:17] Our team brought in the experience for all of us.

[13:07] When nobody follows up – follow up!; What is syndication about?           

[18:45] Get other people for what you're bad at doing.

[25:37] The social and cultural dynamics that play when taking over a property.

[31:35] What's the best part of having a team?

[32:46] Educating yourself destroys Imposter Syndrome.

[36:45] The unfair advantage of working from overseas.

[43:24] Two big pieces when jumping onto the next deal.

[47:49] Setting up the systems and processes that make things work, even from anywhere around the world.

[50:26] "Stick to your budget!"

[55:00] The difference between experts and advisers.

Listen above or however you choose to listen to podcasts! There is so much to learn in multifamily investing, it is never-ending but always so valuable. As an Air Force Officer, Michael is always wanting to help and answer any questions any service member may have along the way. Please do not hesitate to reach out.

Until next time...

Explore more. Adventure awaits.