From Rags to Riches & What It Takes to Become a Top Apartment Broker | Dan Blackwell E235

The Rich Somers Report

Rich Somers

Business, Investing

5.0 • 1K Ratings

🗓️ 29 August 2024

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, Rich talks with multifamily investment sales specialist Dan Blackwell, about his journey in becoming a multifamily broker, current real estate market trends, his recent transactions, and his progress towards his goal of owning 100 investment properties. Dan Blackwell has specialized in Multifamily Investment Sales since 2008 and currently leads the Southern California Multifamily Investment Sales division for CBRE. He and his team have closed over $1.5 billion in multifamily...

Transcript

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0:00.0	The thing that I would do is like I wouldn't go massively uncomfortable. I would just creep a little bit outside my comfort zone
0:06.0	A little bit out and then I get comfortable with that and then I push a little more and push a little more and push a little more and then after like a couple years I'd look back and be like wow I've really
0:13.6	changed but if I was to try to make too big of a leap it could just be too shocking.
0:18.0	Welcome to the Rich Drummers report where we talk real estate, business and wealth building all while keeping it real.
0:24.4	No fluff, no BS.
0:26.0	I hope that you enjoy the show.
0:29.2	All right guys, welcome to another episode of the report today. We got some
0:37.4	sunshine outside and we're about to go into Labor Day weekend. I don't know how
0:40.9	the summer is almost officially over but I'm super excited
0:44.6	because I got someone on the podcast today someone who I've actually known for quite
0:48.0	some time but first time meeting in person big name multifamily broker he's a real estate
0:52.1	investor himself he's doing big deals up in Orange County.
0:54.6	I got my man Dan Blackwell. Dan, welcome to the show.
0:57.6	Hey, thanks for having me, Rich. Appreciate you, man.
0:59.6	Yeah, I do appreciate you coming down, man. And, um, yeah, we were talking before we started recording my brother-in-law
1:06.1	Actually brokers small multifamily stuff up in Orange County and has been doing it for like 30 40 years up there and you guys actually know each other.
1:13.6	We know each other, he's a great guy, we've done deals and look forward to doing more with them.
1:18.4	Yeah, shout out to Greg, my brother-in-law, he's been married to my sister for like I want to say 35 years
1:23.8	something crazy like that so yeah good dude but yeah man I'm curious how did you get
1:28.6	into the the multifamily brokerage space? multi-family brokerage so I got in multifamily brokerage the day Lehman crashed.
1:37.0	September 15, 2008 was my start date in California.
1:40.8	I lived in North Carolina. Before that, grew up, went to school there, went to college there, never thought I'd leave, and I was selling land for a developer, home developer in Coastal North Carolina.
	...

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