Sep 12, 2017
After deciding to leave his corporate job to leap into investing
full-time, David Thompson struggled to find success until he
decided to focus on a niche. He leveraged his corporate background
and relationships to raise capital for a real estate syndication
and managed to raise $1 million dollars in just two weeks on his
first deal. Since then, he’s helped provide investor funds to
purchase over 1,450 apartment units worth over $120 million. On
today’s episode, David shares his top ten lessons learned and how
he built credibility with investors despite having minimal real
estate investing experience.
Key Market Insights
- How a coach can support your transition from full-time employee to full-time investor
- Leveraging a team to gain real estate credibility and experience
- How raising capital accelerates your understanding of multifamily properties
- The top lessons David learned raising $1 million in two weeks for his first syndication deal
- A simple approach to finding potential investors for syndication deals
- The power of repeat investors and referrals for new deals
- The #1 key to success in raising capital
- What building a thought leadership platform can do for your business
- Tips for talking to couples about investment opportunities
- Learn about 506(b) and Private Placement Memorandum
- How David stays on top of changes in his market? Focuses on niches in which he’s strongest
- One thing that helps David stay focused on goals: morning routine
Resources
Books:
How I Raised $1 Million Dollars in 2 Weeks to Fund My First Deal by David Thompson
StrengthsFinder 2.0 by Tom Rath
Essentialism by Greg McKeown
Digital:
MailChimp: Marketing Automation Platform - www.mailchimp.com
Tweet This:
“A student today could be an investor tomorrow.” – David Thompson
“My most important trick is to be yourself and be authentic.” –
David Thompson
Places to Grab a Bite in Austin:
Franklin’s Barbecue - www.franklinbbq.com
Connect with David:
Website: www.thompsoninvesting.com
Leave us a review and rating on iTunes or Stitcher for a chance to win a copy of Get Paid for Your Pad by Jasper Ribbers or Best Ever Real Estate Investing Advice Ever by Joe Fairless. Be sure to check out more info at TargetMarketInsights.com