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Kevin Dugan is a serial entrepreneur with a diverse background in building remote teams, acquiring underperforming assets, construction management, asset management, and managing assets and construction.\xa0\n\xa0\nHe is currently the Managing Partner of Altus Investment Group, a fast-growing private equity firm with 35AUM that specializes in acquiring, repositioning, operating, and selling residential and commercial properties that are underperforming. These investments have yet to achieve their full potential due to poor management, operational inefficiencies, or outdated materials. His team implements systemized improvements and proven processes to maximize the net income of the assets. Altus is vertically integrated with in house property management, full-time general contractors, and an acquisition group.\xa0\n\xa0\nKevin is passionate about educating others to achieve financial freedom. He is the co-founder of MultiFamilyMasters.com, one of the fastest-growing multifamily meetup communities in Los Angeles, which now has over 8,000 members.\n\xa0\n\xa0\n\xa0\n[00:01 - 09:52] Opening Segment\n\xa0\nKevin shares about how he got his start in real estate and getting inspired by the purple book\nRemote investing in Chicago while living in LA\nBeing able to bring value to a deal by providing capital all while living across the country\nValuing your time and educating yourself before starting in real estate\n\xa0\n[09:53 - 17:48] Making the Switch to Affordable Housing\n\xa0\nIt takes hard work and sacrifice to be a business owner\nTransitioning from remote investing to affordable housing and rental properties\nDealing with difficult tenants and assessing high quality residents for the property\n\xa0\n[17:49 - 23:40] Investing and Getting a Return on the Property\n\xa0\nRaising capital and helping others grow their investment\xa0\nAcquiring properties at a discount while having multiple exit strategies in place\nInvest during a recession and get a job to help open opportunities\nInvesting time in real estate can help you attain financial freedom\n\xa0\n[23:41 - 29:36] Closing Segment\n\xa0\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.\xa0Learn more about Personal Capital at escapingwallstreet.com\xa0\n\xa0\nWhat is the best investment you've ever made other than your education?\nFirst property he purchased with his mom in 2017\n\xa0\nKevin Dugan\u2019s worst investments\xa0\nQuitting his job in 2019\n\xa0\nWhat is the most important lesson you\u2019ve learned in business and investing?\nInvest in your education and in people\n\xa0\nConnect with Gualter Amarelo through\xa0LinkedIn, and email kdugan@altusig.com\n\xa0\n\xa0\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through\xa0https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to\xa0www.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\n\xa0\nTweetable Quotes:\n\u201cUltimately, if you're in real estate long enough,you're gonna deal with some bad apples regardless.The question is, how do you make sure that you find the highest quality people who will hopefully take care of the property as long as possible. \u201d - Kevin Dugan\n\u201cContinue to invest. So what I mean by that is it's not necessarily putting your money out there, it's investing in your education, investing in people, investing your actual hard earned money. So really embracing the idea of a growth mindset and continuing to place both your time capital and actual capital into items that are gonna allow you to gain your fin