Darin Batchelder is the principal owner, asset manager, and lead sponsor on a 76 unit townhome community in Crowley, TX and he is the Minority General Partnership interest and the key principal in 256 units in Dallas, TX not to mention he is a limited partner in 14 properties and 3,944 multifamily units.
Let’s dive in to learn more about Darin’s investing journey.
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[00:01 – 06:54] Opening Segment
Darin talks about his background.
How he started real estate investing.
The importance of committing to action.
Why he decided to join a mentorship group.
[06:54 – 14:21] The Texas Market
Why the Texas Market.
Deal flow in the Texas Market.
Why Darin wanted his investments to be in a major market
The importance of demand in a major market.
Why Darin prefers longer-term multifamily loans and how that helps with protection.
[14:21 – 24:48] The LP Experience
The benefits of being an LP.
Why Darin invested in different syndicator deals.
How learning from different people helped Darin find out how he wanted to operate.
Why you shouldn’t formulate an opinion about your deals too soon.
The importance of transparency in real estate investing.
Darin talks about his podcast and why he launched it.
[24:48 – 30:08] Bullseye Round
A deal he lost which led him to start podcasting.
Most Recommended Book:
His morning routine
The next level up
I Wish I Knew When I Was Starting:
To know about real estate investing earlier
Best Place to Grab a Bite in North Dallas
Many restaurants around Legacy West
“If there is more competition, it’s going to be harder to win a deal but on the same token when I go to sell, there are going to be that many more buyers.” – Darin Batchelder
“You don’t want to be sitting on the sidelines forever” – Darin Batchelder
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