Being laid off from his job should have been a moment of crisis for Sakar Kawle. Instead, he took it as an opportunity to take control of his own destiny, and that’s exactly what he did. As today’s guest, Sakar walks us through his entry into real estate, talks about his successes, gives his thoughts on the current climate of real estate, and shares valuable tips on multifamily and syndication. His journey began in the late ’90s, watching infomercials on TV which triggered him to take action.
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After finding success with his first property, he began multiplying the number of doors he had to his name, buying up to a dozen houses a month. Today, Sakar has 200 houses and mid-sized apartments in his personal portfolio and a further 800 units in Texas under his watch. During his time in real estate, he has learned many lessons and details his most impactful ones in this episode. Hear Sakar’s opinions on the current real estate climate as he draws comparisons to the 2008 economic crisis, and what he thinks investors ought to be doing with their time and money in the current pandemic. You’ll also hear about Sakar’s wholistic approach to real estate, detailing mind-body health, and pursuing meaningful relationships with business partners. For all this and a whole lot more, be sure to tune in!
Key Points From This Episode:
- The story of how Sakar transitioned into the world of real estate.
- Hear about how he methodically and radically scaled up his personal portfolio.
- Sakar tells us his backstory, and how he arrived in the USA with very little money.
- When Sakar got laid off, it became a major turning point in his life.
- How short infomercials on TV inspired him to take action.
- Having one small success ignited a fire in Sakar to continue down a path of real estate.
- Hear about how his confidence grew as well as the number of doors he owned.
- The questions Sakar asks himself to make sure he and his team are running optimally.
- Understand the importance of developing good relationships with business partners.
- Listen to Sakar’s views on real estate in 2020 and how the COVID-19 pandemic has impacted this industry.
- Sakar’s opinion on what investors should be doing right now, given the current economic climate.
- Learn about the difference between value add and capital improvements.
- Sakar’s opinion on what the main focus-points are in multifamily today.
- Why networking is so important in real estate.
- How you can keep yourself void of distractions and how you can function as the best possible version of yourself.
[bctt tweet=”When I was laid off, it was a turning point where I told myself that I have to be in control of my destiny. — Sakar Kawle” username=”whitney_sewell”]
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About Sakar Kawle
Sakar Kawle grew up in India before moving to the USA in 1997 to study MS at Clemson University. After his studies he cultivated a strong career, being certified in J2EE architecture and working for companies like Sun Microsystems, making six-figure salaries. Yet, his professional life fell into crisis after a corporate layoff. At this point, he decided to take his life into his own hands. Watching infomercials on TV in the late 90s stalked Sakar’s intrigue for the real estate business. After buying his first house, he went on to buy several others. Today, his personal portfolio consists of 200 houses and mid-sized apartments, and has a controlling interest in 800 units in Texas.
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