Pursuing real estate full-time, either as an operator or an investor, is no easy feat. While there are some stories of meteoric rises, it is consistent hard work that moves the needle, albeit slowly at times. Our guest today, Collin Schwartz, has seen tremendous success fueled by 16-hour workdays and more sacrifices than he could count.
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In this episode, Collin walks us through his journey and how he went from tearing his hair out at his W2 to being driven by his passion for real estate. As a property manager and investor, Collin has a well-rounded knowledge of real estate. That does not stop him from learning more through continued education. He also sheds light on the meetup group that he started and how this has been instrumental in his success. Not only has it expanded his network but it has cemented him as a thought-leader in the space. Collin realized early on the power of community and has fostered his relationships and surrounded himself with experts ever since. He also shares more about the role that partnerships have played, why it’s fine to not know everything, and much more. Collin’s story is inspiring and he does not sugarcoat what it takes to succeed. Tune in today!
Key Points From This Episode:
- Collin’s background and the ‘lightbulb moment’ that led him to pursue syndication investing.
- How a partnership led Collin to do the hard work of property management.
- Find out more about Collin’s meetup and how it has helped fast-track his growth.
- You have to put yourself out there to get attention and gain partners.
- Strategic partnerships: have the same vision but different skills to succeed.
- An overview of a deal that Collin has recently closed, how he funded it, and met his partner.
- Some of the sacrifices that Collin made in the first year when he was getting started.
- Building wealth is a long-term play and a lot more work that people realize.
- What Collin has in the pipeline and where he is raising capital from.
- The hardest part of syndication, a recent improvement, and a contributor to Collin’s success.
- Collin’s advice for aspiring syndicators and limited partners.
[bctt tweet=”I realized that I could not rightfully spend my life, the next 33, 34 years, sitting in a cubicle, working for somebody, living for the weekends. — Collin Schwartz” username=”whitney_sewell”]
Links Mentioned in Today’s Episode:
About Collin Schwartz
Collin Schwartz is a full time real estate investor and owner of Bricktown Management a property management company located in Omaha Nebraska. He is married with two young children and another on the way. He is also the creator of the largest real estate meetup in Nebraska. His passion is working with fellow investors in value add multi-family real estate.
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