Critical Multifamily Due Diligence Knowledge: a Masterclass with Chad Sutton

Published: Aug. 15, 2022, 7 a.m.

b"Chad Sutton is a Managing Partner and leader of the of Quattro Capital, leader of the Acquisitions team and the host of the Real Estate Runway Podcast joins is to share his journey as a \\u201crecovering engineer\\u201d who spent most of his profession in corporate America in spaceflight with NASA and aircraft with GE before following his passion as a real estate investor.\\n\\xa0\\n[00:01 \\u2013 07:46] Opening Segment\\nManaging Due Diligence with founding member of Quattro Capital, Chad Sutton\\nChad talks about how he went from being an engineer into the director of acquisitions\\nEscaping corporate and investing in multifamily deals\\n\\xa0\\n[07:46 \\u2013 19:51] Understanding Due Diligence\\nChad shares about the three pillars of due diligence\\nProperty and Construction Management Strategies\\nStrategies for getting to know more about your clientele\\n\\xa0\\n[19:52 \\u2013 29:14] Strategies in Acquisition for Business Growth\\nCapitalizing versus Expenses\\nThe importance of legal due diligence\\nThe importance of having a licensed attorney\\nGetting maximum coverage on every purchase or acquisition\\n\\xa0\\n[29:15 \\u2013 36:58] Closing Segment\\nQuick break for our sponsors\\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0 Learn more about Personal Capital at escapingwallstreet.com\\n\\nWhat is the best investment you've ever made other than your education?\\nA property in Chattanooga, Tennessee\\n\\nChad\\u2019s worst investments\\nInvesting in retirement accounts\\nInvesting in class D properties\\n\\nWhat is the most important lesson you\\u2019ve learned in business and investing?\\n\\u201cBe humble and be coached\\u201d\\n\\n\\xa0\\n\\xa0\\nConnect with Chad Sutton through Chadsutton.info\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cYou really want to have your attorney look at those exceptions and negotiate away everything you can, so you get maximum coverage.\\u201d \\u2013 Chad Sutton\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\u201cI didn't follow Warren Buffett's rule, I invest in something I didn't understand, you know, and I couldn't control.\\u201d \\u2013 Chad Sutton\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\u201cYou need to seek growth and guidance from others\\u201d \\u2013 Chad Sutton"