Travis Watts is a full-time mulifamily real estate investor. He has been investing since 2009 apartment syndications, single-family projects and vacation rentals. Travis is also the Director of Investor Relations at Ashcroft Capital & has invested in over 28 passive syndications between 14 different firms. He now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate. He does through speaking at seminars and hosting the Actively Passive Show, a podcast by Joe Fairlesses’ Best Ever Real Estate company.
Travis went from working in the oilfield working tons of hours trading time for money, to learning how to invest in assets (like real estate) that produce passive income. He was able to leave his W-2 job once he had built up enough passive income to support his living expenses.
In this episode, we discuss:
- How to screen a deal sponsor
- Single-Family vs Multi-Family
- Lessons learned, mistakes made, and success stories.
- Knowing yourself, setting goals and identifying your investment criteria is important.
- The importance of self-education, reading, listening to podcast and having mentors.
- Favorite real estate and business books. Who Ashcroft Capital.
- What is a Private Placement Investment
- What is an Accredited Investor
- The difference between value-add, new development and opportunistic deals
- The differences between managing your own real estate and investing passively
- How to use the FIRE Movement and save money and budget.
- Best tips for finding investors for your deals?
Contact Travis:
@PassiveInvestorTips
Read More