From Engineer to Popcorn to Apartments with Andrew Cushman
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 3 August 2017
⏱️ 22 minutes
🧾️ Download transcript
Summary
Andrew is a former chemical engineer and alpine ski instructor who jumped into real estate by flipping homes starting in 2007. After successfully flipping houses right through the big crash, in 2011 he transitioned to apartment syndication, and in the last 6 years has acquired 1,646 units.
Sponsors:
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Transcript
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| 0:00.0 | Fire Nation in the house, JLD here, and welcome to EO Fire, right chat with |
| 0:08.2 | entrepreneurs on fire, seven days a week. Check out our free podcasting course so |
| 0:14.0 | that you can create, grow and monetize your podcast, free podcast course.com. |
| 0:21.4 | Now let's chat with today's featured guest, Andrew Kushman. Andrew, are you |
| 0:26.5 | prepared to ignite? |
| 0:28.2 | I am. Light the fuse, my friend. Andrew's a former chemical engineer and Alpine |
| 0:33.2 | ski instructor who jumped into real estate by flipping home starting back in |
| 0:37.0 | 2007 2007 after successfully flipping houses right through the big crash in |
| 0:43.0 | 2011 transition into apartment syndication. In the last six years he's |
| 0:48.8 | acquired 1,646 units almost as many units as podcasts episodes I've done. Andrew |
| 0:57.3 | So take a minute, fill in some gaps from that in-chown. Give us a little glimpse |
| 1:01.7 | of your personal life. Yeah, I live here in Southern California not far from |
| 1:06.4 | Disneyland. I love to surf and do backcountry skiing and I've got wonderful |
| 1:12.8 | wife and two little boys. When I'm not chasing those boys around there, they're |
| 1:18.4 | five and three, so they're pretty high energy. My business is as apartments |
| 1:24.2 | syndication. And so kind of what that's like is it allows people to pull |
| 1:31.4 | resources to share benefit. They otherwise wouldn't be able to get. So like if |
| 1:36.6 | you're going to go on a cruise, you don't buy a cruise ship. You pay for a |
| 1:40.4 | week and so do a few hundred other people and then everyone gets to go and |
| 1:43.8 | enjoy the benefit of that cruise ship. And that's what syndication is. It's |
| 1:47.5 | pooling investor money to so that you have a larger amount so that you can do |
| 1:53.0 | things you and share and benefit you otherwise wouldn't be able to do. So let's |
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