Summary

In this conversation, Colm McEvilly shares his extensive experience in raising capital and the importance of understanding various roles within the real estate sector. He emphasizes the significance of having the right team members, particularly those who can handle underwriting and numbers, to ensure successful investment outcomes.

Takeaways

I've probably had over 10,000 investor calls.

I've helped raise around $230 Million.

Do you have the time to do the underwriting?

Are you the numbers person?

This is like the hot chick at the bar.

Everybody needs this person.

Chapters

00:00 Introduction

43:51 Transitioning from W-2 to Real Estate Investing

46:43 Colm's Early Life and Construction Background

52:57 Health Challenges and the Drive for Passive Income

58:50 Starting with Single Family Homes

01:04:41 The Shift to Multifamily and Commercial Real Estate

01:10:51 Building Cash Flow and Avoiding Burnout

01:16:59 Advice for New Investors

01:19:57 Conclusion and Legacy Building

01:21:26 New Chapter