David Toupin, a Top Millennial real estate investor, speaker, and entrepreneur. David is the co-founder of Obsidian Capital, an Austin Texas based real estate investment firm. David started investing at the age of 19 in Michigan where he bought his first property in college, a 12 unit apartment complex. Prior to graduating with a Finance degree at the University of Detroit Mercy, David had acquired $7M in multifamily real estate holdings. By the age of 24 years old, David has acted as a key principal with over $50M in real estate holdings and has raised north of $10M in capital. Utilizing David's best selling multifamily deal analyzer, he has ventured into the tech industry through the founding of his new software company, Real Estate Lab. 

​

David has a background working in corporate auditing and investment banking, and has been a serial entrepreneur since the age of 13. David is a member of a high level real estate group – The Multifamily Boardroom – composed of over 30 high level multifamily owners and operators. 

On This Episode:

• Dave shares the differences between living and operating businesses within Michigan versus Texas.
• Hear how Dave earned investor's trust even at a young age.
• Find out how Dave made a 1.7 million dollar profit on a deal within one year.
• Discover what motivated Dave to self-educate and take action before most people.
• Dave explains why people overestimate rent increases.

Tweetable Quotes:

• “Just because people love you doesn't mean they're going to give you good advice."
• "Rents can only get so high." – Dave Toupin
• "I base my assumptions off of logic and fact." – Dave Toupin

Dave Toupin:

obsidiancapitalco.com

instagram.com/realestatejedi

See acast.com/privacy for privacy and opt-out information.