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Updated over 5 years ago on .

User Stats

273
Posts
127
Votes
Patrick Soukup
  • Rental Property Investor
  • Fort Collins, CO
127
Votes |
273
Posts

How I Built A $5.5 Million Portfolio

Patrick Soukup
  • Rental Property Investor
  • Fort Collins, CO
Posted

No Replies

  • 02/06/20 06:00PM - 08:00PM America/Denver
  • The Guilded Goat - 2nd Floor Mezzanine, 3500 S College Ave #194 Fort Collins, Colorado 80525
  • Free

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The 4-Pillars of Real Estate Investing X2

In real estate you are benefiting from appreciation, depreciation, cash flow and principal paydown

To be a real estate investor you need to bring one of these to the table: management, brokerage, money, labor

BIO:

Patrick Soukup, the owner of Soukup Real Estate Services, is a third generation Fort Collins resident.

He started investing in real estate in 2008, doing a fix and flip with two other partners, netting $6,000 each. Graduating from CSU in 2011 with a degree in Business Administration focusing on Accounting, he joined the family business managing properties for Old Town Square Properties. Having worked as a leasing agent throughout college and then taking over the maintenance department upon graduation, Patrick began to acquire his own personal investment properties.

Between 2011 and 2016 Patrick moved from maintenance supervisor to on-site property manager.

In 2013 he became a licensed real estate agent and began buying and selling homes for others. From 2016 to present, he manages Old Town Square in Fort Collins.

In 2016 Patrick launched Soukup Real Estate Services to broker real estate transactions and continue to invest in real estate. Obtaining his Certified Property Management (CPM) designation in 2017, he is a dedicated professional and continually develops as a professional.

He has a personal rental portfolio 22 units and $5.5 million of total value worth of real estate in Fort Collins.

Career Highlights:

- Management of 400+ Multifamily/Single Family Rental Units

- Management of 150,000 Square feet of commercial

- Certified Property Manager (1 of 5 in Fort Collins)

- IREM’s 30Under30 – World Recognized leader in Property Management.

- Former Board Member of NARPM and current Board Member of IREM Greater Denver

- Employing Broker of Soukup Real Estate Services

Personal Highlights:

- Wife is a 2X Olympian and Bronze Medalist in the 2012 Olympics – He used to think he was athletic.

- Father of 2, Nola and Rocky

Goals:

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

Patrick wants to be an example to his kids and an amazing husband to his wife. He loves to work and play the game.