Show notes
Our guest for today is David Lagat, Principal and Chief Executive Officer at Bella Asset Management. He has a broad range of skills including negotiation, accounting, asset management, investment properties, and real estate economics. He started investing in the stock market, but eventually found himself in real estate. He will talk about his jump to real estate that led him to acquire a portfolio now worth $300 million. That portfolio would not have been possible without these savvy and creative investing strategies. Let’s dive right in and learn from David how to turn a 4-plex into 4,000 units without syndication![00:01 - 08:34] Opening SegmentLet’s get to know David LagatHis path to multifamily investing [08:35 - 18:13] Equities and Debts Balancing regular work and real estate investing A goal is written in a notebookThe factors that led him to go full-time in real estateHow to leverage equities and debts [18:14 - 27:10] 1031 Exchanges How to leverage 1031 exchanges The right questions to ask in real estateAre single family and multifamily really different?David explains[27:11 - 37:27] Recourse and Non-Recourse Loans The importance of closing your first dealHow to leverage recourse and non-recourse loansDon’t miss David’s strategies in real estate![37:28 - 46:49] Closing SegmentConnect with David - links below Here’s David’s advice for future investorsFinal words from David and meTweetable Quotes:“Understanding the seller’s needs will help you frame your questions properly.” - David Lagat“You gotta be persistent. Set your goals...take the risks, take action.” - David LagatResources Mentioned:David LindahlDave Ramsey------------------------------------------------------------------------------------------Connect with David on LinkedIn and visit Bella Asset Management and their LinkedIn, Facebook, and Twitter pages to learn more. Guest email: [email protected] with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.