All Forum Posts by: Travis Watts

Welcome to Florida @Brian Orr I invest in Jacksonville and Tampa (multifamily syndications mostly). Happy to be a resource. Enjoy 

@Jesse Daconta @Paul Berard I invest full-time as a limited partner in syndications. Many with Joe Fairless and the Ashcroft Capital Team as well. Happy to be a resource if either of you have any questions. 

@Nick Gerli Thank you for sharing. I always enjoy looking at data like this. I have invested in Boise City, ID and Colorado Springs in the past 12 months. I have also invested in GA, MI and OH over the past 3 years in various markets. So far, so good ;) I am a cashflow focused investor and I invest as a limited partner in other people's syndications, so to me, The Team is #1, Market is #2 and deal is #3. With that said, you are doing the right thing in looking at the data and facts. Check out the U-Haul stats as well and look at where people are moving to and moving from. That has been a big help since going full-time LP as a passive investor. Best of luck. 

@Brian Ellis Congratulations. This is indeed a bold move and requires a level of stoicism and courage. We are the same age and I remember taking the leap of faith in 2015 like it was yesterday. Something worth considering....everyone has an opinion, but the only one that matters is your own. You got this. 

@Rik Chatterjee I invest passively as a limited partner in other people's syndications (private placements). With that said, I have a large portion of my portfolio in DFW with several sponsors and the majority of Ashcroft Capital's deal are in DFW as well. I'm happy to connect on the Dallas market, property managers or any other questions you have. Reach out anytime. 

Great topic Hutch. I was recently listening to Joe Fairless speak on the topic of giving back. He mentioned the concept that we need to have more than enough of something for ourselves, to be able to impactfully give back to others. For example, it may be difficult to give away money if we only have enough money to survive paycheck-to-paycheck ourselves. It is when we surpass having "enough" to support ourselves and family that we can give back to others in a more impactful way. To answer your question...I chose a unique path in 2015 as you know and became a full-time passive investor; meaning that I invest as a limited partner in apartment syndications. My tactical process is networking with other accredited investors and vetting out GPs like yourself. Because I chose a hands-off approach to investing in real estate, the passive cash flow has allowed me to free up much of my time, to the point where I have more than enough spare time. This was certainly not the case when I used to work 100 hours a week at a W2 job. What I choose to do with my "excess time" is give it back to others who are pursuing their own journey to financial independence. Every week I educate and speak with investors who are pursuing real estate in hopes that I can help a few along their path. It's a beautiful thing to be able to give back to others. Thank you for the topic. Best of luck

@Shelon Hutchinsonundefined

Great topic. Knowing your goals, sticking to a strategy and working with the right team is key, at least from an LP (limited partner) standpoint, which is how I invest in multifamily. I have continued to invest in a number of real estate private placement deals since March 2020. Not much has changed in my investing world, just some deals are more conservative or purchased at a slight discount. I remember a very smart "guru" in the multifamily space told me in 2015 "Travis, we're not going to do any more deals for the foreseeable future, because I believe 2016 will be a MASSIVE meltdown in the economy and stock market". He has been on the sidelines since 2015 and well...here we are. Two different philosophies on investing, two different outcomes. I kept the momentum going by having a "WHY" purpose and defined criteria, in addition to confidence in my strategy. To your success

Great topic. I can't believe this topic is still relevant 6 months later. Who knew COVID would be such a game-changer for so many? Knowing your goals, sticking to a strategy and working with the right team is key, at least from an LP (limited partner) standpoint. I have continued to invest in a number of real estate private placement deals since March 2020. Not much has changed in my investing world, just some deals are more conservative or purchased at a slight discount. I remember a very smart "guru" in the multifamily space told me in 2015 "Travis, we're not going to do any more deals for the foreseeable future, because I believe 2016 will be a MASSIVE meltdown in the economy and stock market". Well...here we are. Two different philosophies on investing, two different outcomes. 

I recently wrote a BP Blog on this topic. The biggest question is...Is It The Right Time For YOU?

https://www.biggerpockets.com/member-blogs/12418/91101-the-best-time-to-get-into-multifamily-how-to-decide

Nice topic. 

Below were a few of my reasons for becoming a full-time passive investor (mostly in value-add B/C class multi-family). 

• I needed a hands-off approach to invest in real estate (I didn't have enough time to keep scaling up my active RE)
• I wanted tax advantages equal to or exceeding my single-family properties (cost seg studies etc)
• I wanted geographic and asset type diversification (In 2014, I had 100% of my portfolio in one market and all in SFH)
• I was seeking a recession-resistant asset class (Based on facts and statistics) 
• There was (and still is) a nationwide demand for affordable housing (This is why I like value-add business models) 
• I wanted to leverage other people’s expertise, track record and deal flow (People who have better connections and teams than I do)