Do you want to learn how to transition from a traditional job to the unpredictable world of real estate investing?
Taylor Loht sits down with full-time real estate investor Clint Harris to discuss his journey from medical device sales to becoming a full-time real estate investor. Clint shares how he and his wife transitioned from traditional employment to investing in Airbnb properties, property management companies, and syndications. He talks about the lessons he has learned along the way, the relationships he has cultivated, and how taking risks has paid off for him.
Tune into this episode for an inspiring story about transitioning into real estate investing!
[00:00 - 07:12] Clint's Story of Unexpectedly Becoming a Successful Investor
Clint's brief background career
The importance of being willing to accept the risks of investing in multifamily properties and converting them to different asset classes
[07:13 - 14:37] Taking a Hard Pivot: How Unexpected Job Loss Can Lead to Success
Clint bought his first duplex in 2018 and experienced a hurricane shortly after
He took money from the first property to buy another quadplex and converted the original triplex into a quadplex
[14:38 - 26:42] From Three Incomes to Investing in Multifamily Properties
Clint also invested in multifamily properties, self-storage facilities, and self-storage conversion projects
His day-to-day lifestyle now focused on education about syndication and limited partners
Value add is the key to success in real estate investing.
Cold calling has enabled Clint to build meaningful relationships with mentors and other investors.
[26:43 - 34:21] Closing Segment
Best investment: relationships
Worst investment: single-family homes
The most important lesson learned: The value that comes with an asset class conversion
Quotes:
"Life is about relationships. It's about people. And if you're willing to put yourself out there in a vulnerable way and just look to connect with people meaningfully, amazing and beautiful things can happen." - Clint Harris
"If you know that whatever you're doing may not be what you want to do at some point, that's not the day you start preparing for that. Now is the day that you start preparing for that." - Clint Harris
Connect with Clint!
Podcast: www.TrulyPassiveIncome.com
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.
Join our Passive Investor Club to access passive commercial real estate investment opportunities.
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