#444 How to Diversify Your Investments With Car Wash Assets

Dan Handford has an extensive successful background in starting multiple seven-figure businesses from scratch including a large group of non-surgical orthopedic medical clinics located in South Carolina.   He is the founder of the Multifamily Investor Nation where he educates a nationwide group (40,000+ members) on how to properly invest in multifamily assets. In addition to multifamily, Dan is also active in a number of other niche asset classes including express car washes, self-storage, as well as a debt fund.     Quote:   “I had to step away from my Chiropractic practice to take care of my big tax problem. I was working all year long to pay these huge amounts in taxes.”    Highlights:   06:15: The importance of taking care of your investors 08:20: How Dan communicates with his investors 09:55: Proactive communications with investors and how that leads to repeat investment 12:05: Reinvesting profits to grow your team so you can scale 13:20: Making sure you have the right team in place for every asset class 17:05: Investing in express car wash assets 21:30: Improving your monthly recurring revenue from car wash memberships 25:00 Changes in the car wash real estate space 30:00: How economic changes have impacted car washes 37:15: Investing in cryptocurrency to diversify your assets   Guest Website:  https://www.passiveinvesting.com/   Recommended Resources:  Accredited Investors, you’re invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you’re a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.