How To Create Passive Investment Opportunities with Patrick Grimes

Patrick is the Founder and CEO of Investon Main Street. He has fifteen years of experience in active real estate investment: purchasing distressed assets, renovating, and stabilizing for long-term cashflow. His portfolio includes controlling ownership over 4000 units in the emerging markets across Texas and the Southeastern United States.

 

Episode notes:

Patrick provides expertise including:

• How he got involved in real estate
• His “buybox”
• What he means when he says “Everyone has an investment business, whether they like it or not.”
• How does he value properties as good deals?
• Investing in recession resilient areas
• Questions to ask to differentiate between 3-4 multi family operators, when evaluating them

Patrick also explains the importance of taking advice from those who have failed.

 

TIP OF THE WEEK

Patrick

With so much going on, the One Thing by Gary Kellar has totally shifted my approach and allowed me to get some clarity and peace. Listening to the book and implementing that technique has been game changing for me and my team.

I’m happy to offer a free signed copy to the listeners to add to their journeys.

The Book Persistence Pivots and Game Changers, Turning Challenges Into Opportunities is the first time I wrote out my whole story. It talks about the ebbs and flows and the persistence required to make it.

Go to https://investonmainstreet.com/book/and enter promo code The Art of Passive Income. You can book a meeting with me, but you don’t have to.

Mark

Learn more about Patrick Grimes, go to Invest on Main Street.

 

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