5 • 7 Ratings
🗓️ 10 May 2023
⏱️ 88 minutes
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0:00.0 | This episode is brought to you by Arden Labs Education. |
0:04.2 | Sign up today to learn advanced concepts in Go, Docker, Kubernetes, Terraform, and more. |
0:10.4 | Visit Ardenlabs.com forward slash education for more information. |
0:25.0 | Welcome to the Arden Labs podcast. |
0:30.1 | Now, my guest today is not my normal sort of. |
0:34.1 | Somebody in the go, say, engineering space. |
0:36.7 | I've got a really special guest today. |
0:41.1 | His name is Steve Wasell Q. Did I say that right? Steve Wauselkew. You got it. Okay, perfect. And Steve is actually of a different sort of background. |
0:49.6 | I want to let Steve kind of tell you what he's doing today. So Steve, let's just start off. |
0:54.8 | Give everybody like two minutes on what you're doing today. Sure. So a little bit about me and my |
0:59.7 | company. My name is Steve Wuselke. I'm 36. I'm a multifamily syndicator here in San Diego. |
1:06.7 | So pretty much we invest in real estate and we'll pool funds in order to buy multifamily properties for the most part. |
1:14.6 | We do have some other type of rental classes that we invest in, but that's what we're focusing mostly in now. |
1:20.6 | A company is Magna Vita Investments, which actually translates to Great Life in Latin. |
1:26.6 | And we pretty much provide people with an |
1:29.3 | alternative to stock market investing. So we own property here in San Diego and Chicago, |
1:37.3 | and in the portfolio right now, we have short-term rentals, medium-term rentals, and long-term |
1:40.9 | rentals. I think I've seen, I'm totally not versed in this space here, |
1:45.0 | but I think I've seen this idea is where you're buying properties and you're generating, |
1:51.2 | I guess, revenue from the property itself and rents. And then you're bundling that into like |
1:56.4 | an investment sort of vehicle. So if I wanted to invest in that, I could. Yeah, correct. So there's a minimum |
2:03.4 | amount that you would need to put into the deal and then you would get an X return. So we usually |
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