In this episode of The Flipside Podcast, Blake interviews real estate investor and entrepreneur Cris Auditore Zimmermann, who began his journey by buying 25 apartments at just 19 years old. Cris reveals how thinking big, investing long-term, and surrounding yourself with mentors and partners can transform your real estate career.We explore the powerful advantages of the German real estate marketâ including how long-term properties can become tax-free after 10 yearsâ and why cash flow is the foundation of every successful deal. Cris also shares his transition into private equity, the creation of the Medici community, and how lessons from the historic Medici family shaped his approach to legacy and impact.
If you're interested in real estate investing, generational wealth, private equity, global markets, networking, or business strategy, this episode delivers massive insight.
00:00 Introduction to Cris Auditore Zimmermann
05:31 Cris's Journey into Real Estate Investing
11:46 The Importance of Thinking Big in Real Estate
14:02 Long-Term Investment Strategies in Germany
17:40 Navigating Funding and Bank Relationships
20:30 Expanding Beyond Apartments: Diversifying Investments
22:10 Transitioning to Private Equity Investments
26:11 Building a Business Community: The Medici Community
28:23 Lessons from the Medici Family
30:26 The Value of Mentorship and Partnerships
33:00 Cultural Insights from International Experience
37:59 The Role of Family in Business and Legacy
43:51 Philanthropy and Impact through the Family Foundation
47:04 Cris's Books and Closing Thoughts
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