Updated almost 4 years ago on .
Raising Over $15 Million From Passive Investors
We have to agree that the road to financial freedom is not easily traveled. Real estate investing is one promising path to follow but with its share of ups and downs.
In this episode, we talk to Bronson Hill, who has over ten years of experience in real estate investing. He began with single family homes and has since successfully transitioned into apartment buildings. With a company that controls more than 800 units and over $60 million of real estate, he is undoubtedly the right man to share his experiences in real estate investing.
The amount of work that goes into real estate investment comes down to money and, most importantly, time. As our guest reveals, we often undervalue our time, and at times we get lost in the effort that goes into investing, consequently leaving the time spent unaccounted for. Ironically, real estate investors are expected to be patient and open-minded. Still, instead of just having it as a side hustle, it can indeed blossom into a full-time job- as long as you are willing to be involved at every level of detail.
Our guest emphasizes the importance of building a network more than anything else and being in an era where information is handed to you on a silver plate, from conferences to podcasts, etc. The main challenge is having the right partners on board. Additionally, we explore the benefits that come with managing larger types of assets, as in this case, moving from single-family to multi-family. It is a safer space to be in and a well scalable business model. Following that trajectory of smaller to larger is not easy; almost impossible to accomplish single-handedly, and that’s where partnering with others is a blessing. In a nutshell, be prepared to get an accurate picture of how things go down, the success stories, and the disappointments in between, but ultimately find success; all these tips from a man who did it and raised over $15 million from passive investors.
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