Show notes
Today, we have Chris Pomerleau and Collin Schwartz, co-founders of Park Ave Capital. They specialize in providing private investment options that can grow in the long-term through real assets and are protected from the volatility of Wall Street. Their mission is to help people earn passive income through real estate, which led them to build an impressive portfolio of $50 million of assets under management including 750 units. They have dropped several golden nuggets that you don’t want to miss in this episode. Do you think you also have what it takes to build a $50-million real estate portfolio? Tune in now! [00:01 - 06:59] Opening SegmentLet’s get to know Chris Pomerleau and Collin Schwartz[07:00 - 17:50] Refinancing What are Chris and Collin doing right now?Buy, renovate, refinance Chris breaks down the Ratio Utility Billing SystemHow to cut cost with water conservation[17:51 - 28:47] Partnerships Chris shares a few real estate tips to increase net operating income Collin tells us how to build and add value to partnerships Chris and Collin share their secret in looking for potential markets[28:48 - 41:08] Value-Adding Here are creative ideas from Collin and Chris to find dealsConnect with Chris and Colin. Links belowDon’t miss their secrets to be successful in real estate! [41:09 - 47:05] Closing SegmentFinal words from usTweetable Quotes:“That’s the beauty and flexibility of earning passive income: Just do what you like.” - Chris Pomerleau“I think if you want to be really, really successful in real estate, [you have to] focus on it every day.” - Collin SchwartzResources Mentioned:Rich Dad, Poor DadZNE CapitalMentor with Chris------------------------------------------------------------------------------------------Connect with Chris on LinkedIn, Facebook, and Twitter. Reach out to Collin on Facebook and LinkedIn. Visit their company online and social media pages: LinkedIn, Facebook, Twitter, and Instagram.Guest emails: [email protected] and [email protected] Connect with me:https://www.5tcre.com/FacebookLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] the Show.