How to Be a Full-Time Passive Investor with Travis Watts, Ep. 612

Multifamily Insights - Podcast tekijän mukaan John Casmon

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Travis Watts has been investing since 2009, with experience in multifamily, single-family, and vacation rentals. Before becoming the Director of Investor Relations at Ashcroft Capital, Travis was an investor with Ashcroft Capital for several years and has invested in more than 30% of their multifamily syndication opportunities. Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies to help others achieve and maintain wealth in real estate.   In this episode, we talked to Travis about being a full-time passive investor, rule 72, his preference between real estate and stock options, his director role in Ashcroft Capital, insightful tips for general partners, and much more.   Announcement: You can join the Apartment Investing Mastermind here.   Passive Investment;   02:12 Travis’ background; 06:58 What's a "full-time passive investor"; 14:26 An insight into Rule 72; 15:53 Real estate vs. stocks; 18:27 About Travis' director role; 22:38 Tips and advice for GP's; 26:38 Round of insights       Announcement: Download a Sample Deal package here.   Round of Insights   Apparent Failure: His latest deal, due to burn-out and lack of due diligence. Digital Resource: LinkedIn. Most Recommended Book: Tax Free Wealth. Daily Habit: Starting the day by doing something healthy, regardless of what that is. #1 Insight for being a full-time passive investor: Knowing that the “I can” attitude is more important than “IQ”. The right mentorship and education are key to having the will to become one. Best place to grab a bite in Central Florida: Town Tavern.   Travis’ Book: Passive Investor Tips   Contact Travis: Website: https://ashcroftcapital.com/travis    Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

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