Podcasts Business We Build Great Apartment Communities 024: Active Duty Passive Income: How to Military House-Hack with Eric Upchurch

024: Active Duty Passive Income: How to Military House-Hack with Eric Upchurch

Published: Nov. 2, 2020, 11 a.m.

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How can we honor the people who have served to be where we are now as a nation?\\xa0

In this episode, we\\u2019re going to talk about how we can help homeless veterans get back on their feet and improve other people\\u2019s lives through real estate!

Our guest is an ex-special forces veteran! Join John Brackett, CEO \\u2013 Chief Executive Officer of Fidelity Business Partners and Host of We Build Great Apartment Communities Podcast in this episode as he interviews Eric Upchurch the co-founder of Active Duty Passive Income, an organization that helps veterans and active-duty personnel create passive income through apartment investing.\\xa0

Eric is going to share his expertise on how he has grown his real estate business, his learnings as an entrepreneur and apartment investor.\\xa0He talks about his real estate journey and the sectors he\\u2019s been involved with. Eric also talks about the cycle of owning an apartment building and the importance of having a deep-rooted WHY.

Don\\u2019t skip this episode, as Eric shares apartment investing that you need to be aware of so you can be confident in creating financial freedom for yourself, your family, and community!

Episode Highlights:

  • Eric talks about Active Duty Passive Income, the community that he has built, and his involvement with ADPI Capital
  • The impacts Eric and his team were able to create for the military community
  • Why you need to have a deep-rooted WHY
  • Biggest takeaway and advice from Eric
  • Innovations and trends that have emerged due to COVID-19
  • What is economic occupancy
  • Where Eric is spending his time, money, and energy
  • Eric talks about secondary, tertiary markets, and why it\\u2019s favorable for Eric to venture in that space
  • How broad projects are capitalized
  • Common debt equity structure that you need to be aware of
  • Talks on preferred equity and acquisitions
  • How Eric solved his problem with raising capital

Where to reach Eric Upchurch:

Resources Mentioned:

About our Guest:

Eric Upchurch is an Army Special Operations veteran who grew up in Central Iowa before attending college in California. He has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last fourteen years.

Eric serves as Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Managing Partner with ADPI Capital. Most recently, Eric\\u2019s team has opened a nationwide, first-of-its-kind 100% employee-owned mortgage branch, real estate brokerage, as well as an insurance company \\u2013 all with the goal of serving the ADPI community of military real estate investors.

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Fidelity Business Partners, Inc.

6965 El Camino Real Suite 105-190

Carlsbad, CA 92009

D: 760-301-5311

F: 760-987-6065

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