Successfully Investing In 4,000 Apartment Units While Being A Full-Time Accountant with Scott Jacobson

Combining a passion for real estate with real-world experiences in property acquisition, management, and successful exit strategies, his vision is to align with like-minded people who can see the financial benefits and excitement that real estate investing can offer.  He is currently working on more significant multi-family real estate syndication deals. Since 2016 he has been a limited partner in over 4,000 apartment units throughout the Midwest and multiple industrial park complexes in the eastern US.

In 2013, Scott and his wife Denise founded a 501c3 non-profit charity called the SON Foundation. It serves as a home-away-from-home for cancer patients and their caregivers while in Indianapolis for treatments. Guests are not charged to stay at the SON House; to date, the SON Foundation has provided over 6,000 nights of lodging for its guests.  

Scott lives in Indianapolis with his wife and son. In his spare time, he loves to travel domestically and internationally, watch his son play baseball and basketball, and spend time with friends and family.  

Tune in!

Eric Lindsey (Host)

Click On Link Below To Access My Moonlight Introduction Into Apartment Syndications E-book: https://moonlightcre.com/ebook_download/

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During this episode, you will learn about:

[01:58] Meet and greet Scott Jacobson and learn how he got into real estate

[04:31] A bit about Scott's non-profit organization with his wife

[08:01] One of Scott's syndicate transactions has been part of

[11:28] The overall plan with this business property

[13:08] How Scott has been able to be an LP and GP of over 4,000 units while still maintaining his w-2 job

[17:18] Scott's overview of the real estate market and his insights on whether it is a good time to invest

[21:17] What Scott wishes to have known before starting investing in Real Estate

[23:08] How long did it take Scott to complete his first deal as GP

[25:45] Scott's time management tips that keep his personal, family, business, and w-2 job thriving successfully

[27:49] With limited time and resources, what can you do to start a successful company like Scott’s

[29:24] Scott's recommendations on what a syndicator can do to find limited partners

[31:52] Great moonlight book suggestions for your education

[34:00] The best ways you can reach out and connect with Scott and episode wrap up

Notable Quotes:

• Sometimes, real estate numbers look great, but a lack of capital partners that can help you finish things can be problematic. [11:00]
• Success in real estate demands leveraging your time and connections. Whenever you have a full-time job, you must work extra hours to accomplish your real estate goals.[16:02]
• Always stay conservative and avoid being too zealous and too much in a hurry. People can get too aggressive in the underwriting, which can hurt them. [20:20]