Oct 30, 2018
Tamar Mar loves the familial
spirit and energy that comes with startups and small businesses.
For nearly 20 years, she’s helped grow small businesses into
multi-million dollar companies. Readied with her success helping
others in business, she launched her own firm. Tamar started Marota
Group, a real estate syndication company that focuses on
multifamily and commercial properties. Expectedly, her business has
been taking off well - acquiring 4 apartment complexes in less than
18 months. She’s full of energy and knowledge, hosting her own
podcast titled, Investing for Life and speaking often at various
events. On today’s show, she shares about getting started, finding
hot submarkets near large metros, the path of progress, and
learning a new market.
Key Market Insights
- An
entrepreneur, investor, speaker and proponent of intentional
lifestyle design
- Based
in Seattle, but invests just outside of the area
- Purchased first townhouse at the age of
19
- A
successful executive in small and startup companies for nearly 20
years
- Started a company in Wall Street after
graduation, which took off to a regulatory solutions
company
- How
to Build a Startup Company: Shape culture and bring individuals to
uphold, grow and sustain it
- Moved
out to Minnesota, and rented her home in Seattle for 4
years
- Started Marota Group in 2017
- Acquired 4 apartment complexes in less than a
year and a half
- Hosts
Invest for Life Podcast
- Passion Project - investing in others through
mentorship, podcasting & LinkedIn videos
- Effective LinkedIn Videos: Be authentic, so
your audience can relate
- Partnered to acquire a fitness company through
financial backing
- Seattle Market: Hot appreciation market with
values going up quickly; High home prices; Confined with
tenant-friendly laws, which is prohibitive for
landlords
- Hot
Market: At least an hour and a half South of Seattle (little
farther than Tacoma & Olympia)
- How
to Choose a Market: Follow the path of progress; Near
transportation hubs (preferably half a mile from apartment
complexes); Ease of access; Diverse employment; Education
facilities
- Path
of Progress - an area with major intersection highways connecting
to and fro the metro
- Other
Sub-Market: Eastern, Washington, Ohio, & Texas
- Learning Unfamiliar Markets: Research property;
Connect with brokers; Look at the property and area
- Tip
on Knowing a Market: Talk with economic council
- Currently, getting ready to refinance first
apartment acquisition from 15 months ago
Bull’s Eye Tips
Winning Your Target Market; Make
friends with the brokers.
Tracking Market Changes: Meetup
groups or podcasts
Daily Habit: Invest 60-100
minutes for herself every day.
Resources
Investing for Life
Podcast
Book Recommendation
Elon Musk: Tesla, SpaceX and the Quest for a Fantastic
Future by Ashlee Vance
Digital Resources
Dropbox
Tweet This
"Building small business - an
idea coming in to fruition."
"Invest in someone’s
vision."
Places to Grab a Bite
Sushi Kashiba
Connect with Tamar
Website: https://www.marotagroup.com/