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b"Welcome back to the Passive Wealth Strategies show. Today we meet our guest Jeremy Porto to talk about Real Estate investing, creating and maintaining partnerships, finding the right people and finding the money.\\nJeremy Porto has been investing in real estate since 2008. With a civil engineering degree from the University of Virginia and leadership experience as a special operations pilot in the United States Air Force, Jeremy is well suited to handle the high level of detail and focus required to handle our team's negotiations and acquisitions.\\xa0 With over 300 units in 4 different states in the southeast, Jeremy's experience and perseverance positions Astra Equity as a leader in the multifamily space.\\xa0\\n[00:01 \\u2013 6:33] Opening Segment\\nJereme gives us and introduction about himself:An Air Force pilot getting started on single family and multifamily investing.\\nRentals, buying single family, duplexes and focusing on fourplexes.\\nMoving to larger multifamily.\\nForming Astra Equity and getting to 75 units.\\xa0\\n\\n\\xa0\\n[6:33 - 8:25] Early Investments:\\nInvesting in Real Estate while active at the Air Force.\\xa0The stability of having a partner with a W2 and Real Estate Investing.\\nGetting started on a few investments.\\xa0\\n\\n\\n[8:25 \\u2013 26:00] Multifamily as the Main Goal\\nSyndicating deals as a medium to larger projects.\\nEvaluating deals on their risk.Joint Ventures and Syndication\\n\\nDecision process when looking at a deal.Complementary skills when participating in partnerships.\\nJeremy describes his partners.\\nSetting criteria when evaluating a deal.\\n\\nLeveraging your network to find the right team and solve problems.\\nJeremy explains how he funds his deals.Credit Unions\\nPrepayment penalties on Credit Unions\\nLending terms by agencies\\nKnowing your lender and establishing a relationship\\n\\nJeremy shares his predictions for the future.He shares his vision on uncertainty\\nReference to \\u201c The Black Swan\\u201d by Nicolas Taleb\\n\\n\\xa0\\n[27:00 \\u2013 31:00] Closing Segment\\nQuick break for our sponsors\\nWhat is the best investment you've ever made other than your education?\\xa0A fourplex deal in Colorado Springs\\n\\nJeremy\\u2019s worst investmentJeremy shares a story about buying a single family property with his mother.\\xa0\\n\\nWhat is the most important lesson that you've learned in business and investing?\\u201cThe team is what it\\u2019s going to get it done, not the individual\\u201d\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nTweetable Quotes:\\n\\u201cProblems get solved by people, whether that\\u2019s somebody who can connect you with somebody else, somebody who has capital, somebody that has experience or knowledge that you don\\u2019t have. All of these problems get solved by people\\xa0 .\\u201d - Jeremy Porto\\n\\u201cNetwork on volume, put yourself out there , the more people you meet the more deals you do.\\u201d - Jeremy Porto\\n\\n------------\\nConnect with Jeremy through\\xa0 LinkedIn or at jeremy@astraeq.com\\n\\xa0\\nVisit his website:\\xa0 www.astraeq.com\\n\\xa0\\nResources Mentioned:\\xa0\\nInvesting in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth - Larry Lofthis\\n\\xa0The Black Swan - Nicolas Taleb\\n\\xa0\\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"