01.08.2020 - By Jake & Gino
Full-time Passive Investor Dylan and Mike interview Travis Watts discussing how he went from an active investor to a full-time passive investor. Travis has been investing in real estate since 2009 in multi-family, single-family and vacation rentals, while working on an oil rig. Travis is also the Director of Investor Relations at Ashcroft Capital. Travis has invested in over 25 passive syndications between 14 different firms Key Information: Travis moved to a passive investor once he built enough liquidity to invest and being actively in several single family homes Try to meet the sponsors in person or on Zoom to build trust with sponsors Investors need to understand more than the pro formas Ask the sponsor your questions, there are no dumb questions Self educate yourself through podcasts, books, and networking Ask tough questions on the front end Review rent growth to see if it is conservative Review debt structure Does your investing philosophy align with the sponsor? Understand the full story of the deal Expert Pro Tip: Have people within your network review the deals before investing & be fully transparent when working with investors Contact Information: [email protected] Free Resource For more information/to connect with Rand CRE: www.randcre.com To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Twitter: https://twitter.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre