Clive Davis began his professional career as a corporate transactional lawyer with a Wall Street law firm headquartered in NY, with assignments in Menlo Park, CA and Hong Kong, China. He spent six years as in-house counsel, in a variety of roles, with the then biggest pharmaceutical company in the world, before transitioning into the compliance space where he ultimately served as the chief compliance officer for a Belgian biopharma’s Americas business.

Clive has been investing in and self-managing his real estate investments since 1999 and is currently invested in over 2,000 multifamily doors and 317 hotel keys. After twenty years of corporate life, Clive made an entrepreneurial pivot full-time into the world of commercial real estate where he is currently focused primarily on the acquisition, ownership and operation of large-scale multifamily communities and is a general partner with over $70M of assets under management.

Clive has been a regular on the multifamily podcast speaker circuit and is also a regular panelist and meetup guest sharing his passion about real estate and its connection to the creation of generational wealth. Most recently he was a panelist at the African American Real Estate Professional’s (AAREP) - Atlanta Chapter hosted event: Wealth Building in Minority Communities.

Clive is a National Apartment Association (NAA) certified apartment manager (CAM). He holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University.

In this episode, Clive tells us about his journey and how attending a conference led him to start investing in self-directed IRAs. He shares his advice for aspiring real estate investors, emphasizing the importance of networking and leaning from experienced professionals. He emphasizes the importance of documenting your journey and sharing it with others so that they can better understand your motivation and goals. To learn more about Clive and his work, listeners can visit Park Royal Capital!

[00:01 - 01:35] Share What You’ve Learned

• Angel introduces Clive to the show!

• He discusses his experience in the multi-family industry and how he got started

[01:36 - 15:12] Lay The Groundwork For A Successful Syndicate

• He discusses the law of the first deal, which stated that if you put in the effort to close a deal early in your career, you are more likely to be successful in subsequent deals

• He shares his experience of closing two deals within a week of each other, both of which were larger than expected

• Having connections and people he could call for help when they needed it, which was important for their first deal

• Social media was a big help for them, as they were able to touch a thousand people with a post or podcast

• He stressed the importance of being a real estate investor to their family and friends, and not just a lawyer or investor

[15:13 - 20:27] Closing Segment

• Clive advises listeners to share your real estate investing journey online can help others understand your motivations and approach

• To learn more about Clive and his work, listeners can visit Park Royal Capital!

Tweetable Quotes:

“When you attend conferences, share that. What were the nuggets? What were the key takeaways? articles that you’ve read, podcasts, episodes you listened to that