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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI133: Duplexes to Apartment Buildings w/ Dante Belmonte

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Education, Investing, Business

4.6592 Ratings

🗓️ 1 August 2022

⏱️ 68 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 02:31 - How one real estate deal can change your life. 04:07 - What a private equity firm is. 15:25 - What it means to co-GP a syndication. 49:21 - Why partnerships are so important. 50:47 - How to raise capital. 50:47 - Who to raise capital from. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.   BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert’s book The Everything Guide to House Hacking. Joe Fairless’ book Best Ever Apartment Syndication Book. Robert Kiyosaki’s book Rich Dad Poor Dad. Learn about house hacking. Gary Keller’s book The Millionaire Real Estate Investor. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Twitter | LinkedIn Connect with Dante: Website | Twitter | Instagram Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0

You're listening to TIP.

0:02.3

It's always, I see this saying a lot.

0:04.1

It's like, oh, you have a client, you say, oh, here's a $100 bill.

0:07.4

And they're like, you know, they get nitpicky on it.

0:09.5

Well, I only did this.

0:10.6

You know, can I get it for $90?

0:12.4

But then you send someone that has a higher net worth, you know, a bill for $100,000.

0:16.1

They don't even say anything.

0:17.1

They just pay it.

0:25.9

In this week's episode, I talk with Dante Belmante about transitioning from small real estate deals like single family properties and duplexes to syndicating apartment buildings.

0:31.5

Dante is a seasoned real estate investor and a top performing real estate agent in central New

0:36.4

York. As an agent, Dante is focused

0:38.9

on helping investors grow their portfolio of income-producing properties. He is the host of the

0:44.3

Make Money, Make Sense in Real Estate podcast. Dante has spent his most recent years acquiring

0:49.8

and rehabbing small multifamily buildings in York, and has been involved in more than

0:54.4

40 multifamily transactions.

0:57.1

Dante also hosts monthly real estate classes teaching other investors the best strategies

1:01.5

for investing in real estate, whether that is a passive or more active role.

1:06.0

In his latest venture, as managing partner Victory Capital Group LLC, he's dedicated to working with qualified

1:12.0

passive investors to buy apartment buildings. In Dante's spare time, you can find him spending

1:17.2

time with his beautiful wife, Madeline, and their daughter, Margo, playing soccer in his men's

1:21.5

league, enjoying fellowship with friends, or volunteering in numerous programs with his local church.

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