Jun 26, 2020
One of the reasons passive investors like multifamily syndications is to leverage the time and experience of seasoned operators. So how does a 21-year old become a multifamily syndicator, while still being a student at UC Davis? If anything, it shows that you can overcome any obstacle if you are willing to educate yourself, work diligently, and proactively address the challenges.
Kyle Marcotte was 21-years old when he completed his first multifamily syndication. He now has two deals under his belt, with 119 units, valued at $5.5MM. We discussed how he overcame his youth and lack of experience, how he built credibility, despite having no experience, how his father’s work ethic inspired him
Partner: Join Us for the Virtual Midwest Real Estate Networking Summit
Key Takeaways:
Money is circulated not exchanged
Partner: Download our Sample Deal Package
Bullseye Tips:
Apparent Failure:
Was working on a 9-unit deal in Austin, TX pre-Covid19, but didn’t buy it, which he is thankful for, as it would have been a headache had he done so.
Digital/Mobile Resource
Slack
Most Recommended Book:
Letters From A Stoic (Seneca)
Daily Habit:
Meditation
Wish I Knew When I Was Starting Out:
People are just people no matter their “status” and shouldn’t be feared or idolized
Curious About:
What’s going to happen to the economy and AI
Best Place to Grab a Bite in Austin, TX
Rudy’s
Contact Kyle:
Instagram: @kylemarcotte9