Show notes
Grab a pen and paper. Open your notes app. If you’re a millennial who’s still new in the business or who’s trying to go passive, this episode is for you. David Toupin, The Real Estate Jedi and a top millennial investor, will drop a ton of golden nuggets in real estate that you don’t want to miss. You will learn how a college student bought his first property and how he in his mid-20’s helped develop more than $100 million in multifamily. He co-founded Obsidian Capital Co, an Austin-based real estate investment firm, and raised over $30 million in investor capital. David also serves as Chief Executive Officer of Real Estate Lab, a community and software platform for multifamily investors.Let’s listen to David and learn how millennials can break into real estate![00:01 - 07:30] Opening SegmentLet’s get to know David ToupinHis path to real estate The most underrated part of the business[07:31 - 18:37] Trust and Timing You make money in real estate when you buy, not sellDavid explains The 2 T’s to raise capital from investors according to DavidNumbers to look for in underwriting deals[18:38 - 28:13] Deals with StoriesDon’t miss David’s tips for passive investors!David talks about the best deal he’s closed so far[28:14 - 37:52] Broker Relationships Listen to David’s approach to building broker relationshipsThe secret to Start successfully in real estate[37:53 - 43:20] Closing SegmentConnect with David - links below Trust people and don’t over-analyzeDavid explainsFinal words from David and meTweetable Quotes:“In real estate, you make money when you buy, not when you sell.” - David Toupin“I think the best deals also have a story.” - David ToupinResources Mentioned:CutcoReal Estate Lab ------------------------------------------------------------------------------------------Connect with David on LinkedIn, Facebook, YouTube, and Instagram. Visit Obsidian Capital and their LinkedIn page 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.