WS1610: What is the Best Way to Start A Real Estate Business | #Highlights

Published: March 19, 2023, 7 a.m.

Today, we reflect on our conversations with Keith Blackborg and Amy Sylvis. Ultimately, what and when you invest plays a huge role in your investing success. But what is the best way to start a real estate business and how do you find an investment that best fits you?

Breaking into the real estate syndication business is not easy. It takes time, persistence, patience, and hard work. While educating yourself about the business and the industry is non-negotiable, it is also crucial to get to know and work with people who have gained extensive experience and expertise in their field. But, is there a way to fast-track your entry into real estate investing? Find out in this #Highlights episode!


Key Points From This Episode:\xa0

  • Why \u201cconcentration followed by diversification\u201d proved to be an effective investment strategy for Keith.\xa0
  • Keith\u2019s advice on how to find the best investment strategy that fits you.
  • What is the Double Dip assets strategy and why does Keith recommend it for investors?
  • What is asymmetrical risk and what investment opportunities provide this type of risk that investors should look for?
  • Amy answers the question: How much money does it take to get into passive real estate investing?
  • How much capital did Amy need to start her real estate syndication business?\xa0
  • How did Amy gain the education and confidence to enter the real estate business?
  • Why a mentorship program, albeit costly, gives faster access to the real estate industry?


Tweetables:

\u201cSome of the best investments you\u2019ll make are the ones you never invest in.\u201d \u2013Keith Blackborg

\u201cTime and building trust is a tremendous way to have someone view you as a strategic partner moving forward.\u201d \u2013Amy Sylvis

Links Mentioned in Today\u2019s Episode:
Keith Blackborg on LinkedIn
Financial Journey website
WS1416: How to Find the Best Investments | Keith Blackborg
Amy Sylvis on LinkedIn
Sylvis Capital website

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