RCRE - The Compound Effect with David Toupin

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5 • 831 Ratings

🗓️ 29 January 2020

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dylan and Mike interview David Toupin, the co-founder of Obsidian Capital, an Austin Texas based real estate investment firm. David started investing at the age of 20 in Michigan where he bought his first property in college, a 12 unit apartment complex. Prior to graduating with a Finance degree at the University of Detroit Mercy, David had acquired $7M in multifamily real estate holdings. Key Information: Always hustle whether it is using cold calls or mailers to find deals Ask yourself “How Can I do this?” David is looking to develop multifamily properties because the cap rates are being compressed Focus on one thing One deal doesn’t set you free, multifamily is a long game Manage the property managers to make sure you understand your cash position, budget, and turns Partnerships are similar to marriages, build the foundation by aligning values & investing views “If you had a blank check what would you do to this property?” -David Toupin Relationships are everything in business Expert Pro Tip: Constantly practice underwriting by reviewing a T12 and Rent Roll. Keep your model simple Contact Information: @realestatejedi https://www.obsidiancapitalco.com/ For more information/to connect with Rand CRE: www.randcre.com To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/ Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Twitter: https://twitter.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the RAND-CRE show, commercial real estate with no stone left unturned.
0:11.7	What's up, everyone? This is Dylan Marma, bringing to you the RANDCRE show,
0:15.8	joined by our co-host, Mike Taravella. How you doing today, Mike?
0:18.6	You know, just living the dream, making it happen, excited to have our guest on today. Always living the dream and making it happen.
0:24.4	I'd love to hear it. Before we get started here, I always need to give a quick reminder that
0:28.3	RAN Siri show is hosted by RAN commercial real estate. We're vertically integrated real estate
0:33.0	investment advisory firm providing opportunities for investors to create passive income through real
0:38.1	estate investing as well as providing a source for debt and equity to help you get your next
0:42.6	deal across the board. So if you have any questions about how to fund your next deal or if you'd
0:46.7	like to partner with us to investing passively, you can always reach out to us at ranseri.com.
0:51.7	So Mike, why don't you share with us a little bit about our guest for today's show?
0:55.0	I'm very excited about today's episode. Yeah, our guest today is David Tupin. He started his
0:59.2	multifamily real estate investing back when he's a senior in college with a 12 unit and 96 unit.
1:05.1	Fast forward to 24. He now has 520 units under contract and owns and he has another 200 in the pipeline so david welcome
1:14.5	to the show how's everything going what's up guys things are going phenomenal this morning
1:19.4	excited to be here well excited to have you man i know we've we've spoken several times now and it's
1:25.0	great to see other young folks in our space,
1:27.6	all three of us being in our 20s and moving and shaken and out there, you know, making
1:33.5	a mark for ourselves.
1:34.7	And it's been very excited to just watch what you've been able to do.
1:38.2	I know you've been, you know, inspiration of many out there.
1:40.1	So I would love to just hear just starting off a little bit about your progress into the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jake & Gino, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jake & Gino and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.