Tim Vest has more than 15 years in real estate and development. From partnering with developers, to developing raw land, to purchasing and investing in single family rentals, fix and flips, multifamily and hotels. He is currently an owner and partner in multiple apartment communities. Outside of his passion for Real Estate, Tim has also enjoyed a 20+ year career in Technology, founded multiple startups and enjoys music, sports, travel and an active lifestyle. Of course, none of this would be possible without the amazing support from his wife of 20 years, Sara, and their soccer star daughter, Payton.

 

[00:01 - 08:09] Opening Segment

Tim talks about the current state of his real estate business

Tim’s passive wealth strategies before multifamily

How Tim got into multifamily investing

 

[08:10 - 14:52] Is Another Crash Around The Corner?

Today’s Market Conditions and A New Recession?

A Forty-Year Term in the Commercial Space

A Different Trend than Before

 

[14:53 - 28:28] How to Keep the Upperhand in Finances

Tim talks about finances

Looking back at Tim’s past investments and lessons learned

Why Tim got into multifamily

Keep a portion a re-deploy

How to Get Out of Serious Financial Positions“It’s not a failure until you quit.”

The Future of Tim’s Investments

 

[28:29 - 35:54] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?His relationship with his family

Tim’s worst investmentEvery new car he purchased

What is the most important lesson that you've learned in business and investing?Partnership.

Connect with my guest. See the links below.

 

Tweetable Quotes:

“Don’t speculate with other people’s money.” - Tim Vest

“Don’t do things without multiple exit strategies.” - Tim Vest

“Always separate business from personal.” - Tim Vest

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Connect with Tim Vest through [email protected] and LinkedIn.  Check out his website https://harvestpg.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/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

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