Shifting from Active Real Estate Hustle to Passive for Higher Return on Equity with Alan & Elena Neely

Published: June 13, 2023, 7 a.m.

b'Join Taylor Loht as he interviews Alan and Elena Neely, two experienced real estate investors who have achieved financial independence. Hear how they navigated the Great Recession and pivoted from active to passive investments. Plus, learn about their experiences with Multi-Family and Self-Storage investments, why they chose not to buy when everyone was buying at the peak in 2007-2008, why they decided to reposition into syndication deals in 2017, and potential capital gains tax issues. Get tips on thorough analysis and research, trusting experienced GPs, the current real estate market, and more.\\xa0\\n\\xa0\\nTake advantage of this insightful conversation between two experienced real estate investors!\\n\\xa0\\n[00:01 - 07:44] Opening Segment\\nHow Alan and Elena Neely went from busy professionals to financially independent real estate investors\\nThey invested in multi-family and self-storage investments, acquired over 150 million in commercial real estate deals\\n\\xa0\\n[07:45 - 16:14] Navigating the Real Estate Market\\nIn 2007 and 2008, Alan and Elena were unable to make the numbers work when buying property\\nFrom 2010 to 2017, they focused on building townhomes\\nThey changed our strategy and mindset to look at different markets and different areas\\n\\xa0\\n[16:15 - 23:42] Evaluating the Pros and Cons of Passive Syndication Investment\\nReal estate investing and development experience can help in evaluating a passive syndication investment\\nQuality of communication styles, amount of information about the deal, and how lenders and property management companies vote it are essential considerations\\nSyndications own 10% of all apartments, and half of those people signed bridge loans that may not have been ideal\\n\\xa0\\n[23:43 - 30:34] Closing Segment\\nBest investment: a condo in Hawaii which was achieved in 5 years instead of 10\\nWorst investment: a ridiculously cheap property bought from a bank\\nThe most important lesson learned: it\'s all about relationships\\n\\nQuotes:\\n\\xa0\\n"It\'s all about relationships. It\'s never about money; it\'s never about returns; it\'s never about a number of units. It all comes down to building long-term relationships." - Elena Neely\\n\\xa0\\n"If you don\'t make your money work for you, you\'ll be working for your money until the day you die." - Elena Neely\\n\\xa0\\n"Over analysis leads to paralysis." - Alan Neely\\n\\nConnect with Alan and Elena!\\nWebsite: https://www.amygibbs.watsonrealtycorp.com\\xa0\\nInstagram: https://www.instagram.com/amygibbsrealtor/\\xa0\\nFacebook: https://www.facebook.com/AmyGibbsRealtor\\xa0\\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/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'