Andrew Davis is the Director of Investor Relations for PassiveInvesting.com, where he has helped raise over $200 million dollars for various assets. He began his career in sales, working for Fortune 500 consumer packaged goods companies, receiving multiple promotions and developing leadership, sales, marketing, and operational experience. Andrew is passionate about real estate investing since his early college years, he began the “side hustle” of investing in single family RE in his 20’s, and raised capital from friends, family, and in some cases complete strangers to acquire his first few deals. After building his single family portfolio to 16 units, he became frustrated with the inefficiency of scaling single family homes and began aggressively looking for opportunities in multifamily real estate. That led him to PassiveInvesting.com and the opportunity to align his skill set, and interests with his day to day, and work with a leader in the space.

In late 2008, a little company you may have heard about was introduced: Airbnb. Over the decade to follow, this on-demand hospitality platform has made a quick and steady climb into the international powerhouse that it is today. It is frequently lauded by solo backpackers, families, and business professionals alike, helping link travellers with unique, secure, and enjoyable lodging both local and across the world. In today’s episode Andrew will share about his personal investment where he's developing some raw land and putting some Airbnb cottages on it and how he is working as an ideal Airbnb host.

Episode Links:

https://www.passiveinvesting.com/andrew-davis/

https://www.linkedin.com/in/andrew-davis-1361b238/

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Transcript

Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.

 

Michael:

Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and joining me again today is Andrew Davis from passiveinvesting.com. But today Andrew is talking to us about his personal investment where he's actually developing some raw land and putting some Airbnb cottages on it. So let's get into it.

 

Andrew Davis, what's going on, man? Welcome back to the podcast. Happy to have you,

 

Andrew:

Michael, it's so good to be back.

 

Michael:

Yeah, awesome. So before we hit record here, you were just telling me about what it is that you're working on in your personal portfolio and that's really what I want to focus on today. But for those of you that may have not caught your prior episode about passive investing, give us a quick elevator pitch who you are, where you're coming from, and what is it that you're doing real estate?

 

Andrew:

Yeah, absolutely, so let's see. I'm Andrew Davis. I'm the director of Investor Relations for passive investing calm and we are a commercial real estate private equity group, we partner with individual passive investors to acquire really solid multifamily self-storage, carwash assets throughout primarily the Sunbelt markets. And really our goal as a group is to build wealth alongside our investors for the long term and to that end, we are continuing to source just tremendous risk adjusted recession resistant investments and begin to partner with now over 1800 passive investors that are a partner with us and our different assets. So that's my, that's my day job, what I do day to day, and I and I love it. And I came from kind of came from the sales, consumer packaged goods world, which I liked the people aspect and didn't love what I was doing. So truly enjoy what I'm doing and getting to work with investors every day.

 

Michael:

Ri