Sep 13, 2019
Whitney Sewell began his investing career in 2009 and has since invested in 900 doors valued at over $120 million. He hosts a daily podcast, the Real Estate Syndication show. He also owns and operates Life Bridge Capital with the purpose of creating passive returns and using a portion of the profits to help families seeking adoption. Today, he shares more about his passion for adoption, his target market, and building a dream team that has allowed him to grow his portfolio and run a daily podcast.
Partner: Download a Free Sample Apartment Deal Package
Key Market Insights
- Passionate about adoption but the process is a roller coaster and expensive
- Cost is $40k-$60k to adopt a child
- 50% of Life Bridge Capital’s profits go to helping adoption families
- Real estate focus is on value-add multifamily
- Target market is Colorado Springs, 100+ units, value-add properties
- Seeking stable property 80-85% occupied, not seeking massive renovation
- Value-add: raising rents, lowering expenses, management issues
- Colorado Springs: Steady growth and diverse jobs
- Had dinner a few nights in a row with his partner to get to know him
- Liked what he heard about him outside of real estate – who he was as a partner
- Had numerous Zoom calls with both wives to get to know each other
- Building a strong team has allowed for the production of lots of content
- What would Whitney change if he could start over: track all the steps and incorporate a task management system
- Understand the cost involved to produce as many shows and understanding how VAs work and how to find the right VAs
Partner: Check out the Passive Income through Multifamily Real Estate podcast with Kyle and Lalita Mitchell
Bull’s Eye Tips:
Winning Your Market: Know where the jobs are
Tracking Market Changes: City-data.com, Google and broker reports
Daily Habit: Get up early
Resources:
Best Business Books:
Best Ever Apartment Syndication by Joe Fairless and Theo Hicks
The Road Less Stupid by M. Scott Peck
Digital Resources:
Tweet This:
“What are your goals, what is your passion?”
“As a podcaster, it has helped me drastically and people learn about me and what’s important to me”
“Having a team makes it possible to do a daily podcast”
Places to Grab a Bite:
Longhorn Steakhouse - Roanoke, VA
Connect with Whitney:
Website: LifeBridgeCapital.com
Email: whitney@lifebridgecapital.com
Phone: 540-585-4338
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