Danny Randazzo is a man of many trades. With over half a decade of financial consulting experience advising multi-billion-dollar companies, Danny and his wife, Caitlyn, also a highly successful entrepreneur, sought out a future where they didn’t need to trade time for money anymore. Thus they invested everything they had and bought a commercial building and continued to grow their real estate portfolio eventually partnering with two other business professionals to form the company they now operate today which currently holds a $146 million portfolio value.  

 

On this episode of Multifamily Real Estate Investments with Don and Eden, Danny and Don discuss the importance of a partnership both in personal life and business. Danny will also talk about raising money, finding good deals in today's market and some off-market strategies. 

 

Highlights: 

Danny’s Beginnings in Real Estate 

His Partnership with Caitlyn

How His Business Partnership Was Formed

How They Find Deals

Why They Use Brokers To Typically Find Their Deals  

Current Projects and Monetary Goals

 

How to Connect with Danny

DannyRandazzo.com

PassiveInvesting.com 

 

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TRANSCRIPTION

 

Hey, guys welcome to the show. Today I am going to interview real estate syndicator and entrepreneur, Danny Randazzo. Danny and I will discuss the importance of a partnership both in personal life and business. We will also talk about raising money, finding good deals in today's market and some off-market strategies. Stay tuned because this one is very powerful. 

 

Welcome to the real estate investing podcast with Don and Eden where we cover all aspects of real estate investing with special attention to multi-family apartment buildings and off-market strategies. 

 

Hey Danny, welcome to the show. Don, thank you so much for having me on, I appreciate being here with your followers, the audience and just participating with what you and Eden have going on-I’m happy to be apart of it, thank you again.    

 

Of course. So tell us a little bit about your day. What did you do today? What does your day look like?

 

The first thing I do in the morning is I go for a walk with my dog George. Today we had a little bit later of a start I had a very busy weekend and I was catching up on sleep. Usually, I'm out of the house by about six o'clock in the morning and we're out walking. Today we got started at about 7:30 am. So a little bit behind schedule, but we got our walk and my wife Caitlin joined us on our walk. I use that time to mentally prepare for the day and figure out the major activities that I need to get done for the morning ahead. I try to plan my schedule where eight o'clock until noon. I do the things that I need to get done and then I use the time from 1 to 5 o'clock in the afternoon to follow up with people or reach out and make phone calls and things like that. And so that's been a good thing for me to be productive. And it allows me to focus on cleaning out my emails following up on any sort of deal information or underwriting and things like that as a priority when I'm at my absolute best which is in the morning. I learned an interesting tidbit the other day that the male setup is to have the peak performance, usually, we're peaking in the morning from 6:00 a.m. until noon and so I've kind of taken that to heart and really built my schedule around when my physiology and also body feels the best. 

 

That's a great idea. Actually, my partner even says the same and he's really a morning person and I'm not really a morning person, but I'm trying to become a morning person because recently I started to go to sleep much earlier and then I figured out that I'm so much more productive in the morning. So I know you guys are living in South Carolina? 

 

Correct. Yep. 

 

My wife and I live in Charleston, South Carolina and that is where you primarily invest in real estate or you're investing all over the United States. 

 

We invest prim