After deciding to leave his corporate job to leap into investing full-time, David Thompson struggled to find success until he decided to focus on a niche. He leveraged his corporate background and relationships to raise capital for a real estate syndication and managed to raise $1 million dollars in just two weeks on his first deal. Since then, he’s helped provide investor funds to purchase over 1,450 apartment units worth over $120 million. On today’s episode, David shares his top ten lessons learned and how he built credibility with investors despite having minimal real estate investing experience. Listen Now!
Key Market Insights
How a coach can support your transition from full-time employee to full-time investor
Leveraging a team to gain real estate credibility and experience
How raising capital accelerates your understanding of multifamily properties
The top lessons David learned raising $1 million in two weeks for his first syndication deal
A simple approach to finding potential investors for syndication deals
The power of repeat investors and referrals for new deals
The #1 key to success in raising capital
What building a thought leadership platform can do for your business
Tips for talking to couples about investment opportunities
Learn about 506(b) and Private Placement Memorandum
How David stays on top of changes in his market? Focuses on niches in which he’s strongest
One thing that helps David stay focused on goals: morning routine
Resources
Books:
How I Raised $1 Million Dollars in 2 Weeks to Fund My First Deal by David Thompson
StrengthsFinder 2.0 by Tom Rath
Essentialism by Greg McKeown
Digital: MailChimp: Marketing Automation Platform – www.mailchimp.com
Tweet This:
“A student today could be an investor tomorrow.” – David Thompson
“My most important trick is to be yourself and be authentic.” – David Thompson
Places to Grab a Bite in Austin:
Franklin’s Barbecue – www.franklinbbq.com
Connect with David:
Website: www.thompsoninvesting.com
