E28: Invest in Retail Commercial Real Estate - Interview with Dr. Ruchir Patel and Dr. Rahul Damani

01/04/2025 41 min Episodio 28
E28: Invest in Retail Commercial Real Estate - Interview with Dr. Ruchir Patel and Dr. Rahul Damani

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SummaryIn this episode of Alt Investing Made Easy, hosts Sarah Florer and Roland Wiederaenders engage with Dr. Rahul Damani and Dr. Ruchir Patel, both practicing physicians who have ventured into real estate investing through their company, Eureka Investing. They discuss their backgrounds, the journey that led them to invest in real estate, and their current investment opportunities, including the Tri-Valley Plaza and a new property in Mesa, Arizona. The conversation highlights their investment philosophy focused on capital preservation and the importance of having control over their investment processes. In this conversation, Dr. Rahul Damani and Dr. Ruchir Patel discuss their approach to real estate investing, emphasizing the importance of negotiation, asset management, and financial literacy. They share insights on their investment strategies, the significance of being methodical in their processes, and the passion that drives their work. The discussion also highlights the need for educating investors, particularly in the medical field, about financial decisions and investment opportunities.More information on the Mesa investment opportunity is available at the following link:Eureka Investor Portal: https://eurekainvesting.invportal.com/app/offering-detail/67c61f7c45abed63f9b5acc5Sponsored by:Real Advisers, Austin, TexasSpecial thanks to:Grable Martin PLLC Red Sun Creative, Austin, TexasFor more information: AltInvestingMadeEasy.comPlease contact us: [email protected] Wiederanders: [email protected] Sarah Florer: [email protected] guests are practicing physicians with a passion for investing.They aim to help fellow physicians navigate investment opportunities.Their first deal, Tri-Valley Plaza, has been highly successful.They emphasize the importance of capital preservation in investing.The duo has shifted to managing their own deals for better control.They have developed strong relationships with brokers for off-market deals.The new Mesa property is anchored by Goodwill, ensuring foot traffic.Negotiation skills were crucial in securing seller credits for property improvements.They focus on purchasing properties below replacement cost.Their investment strategy prioritizes realistic underwriting and cash flow predictability. Negotiating seller credits requires a thoughtful approach.Asset management is crucial for successful real estate investing.Passion for finance can lead to better investment outcomes.Educating investors is essential for making informed decisions.Investment opportunities should be clearly communicated to potential investors.A minimum investment of $50,000 is typical for their projects.Balancing a medical career with investing is possible when you have a passion for investing.A methodical approach is key to successful real estate deals.Understanding compounding can lead to inevitable success in investing.Patience is vital in waiting for the right investment opportunities.Chapters00:00 Introduction to Eureka Investing02:09 Background of the Physicians03:54 The Journey into Real Estate Investing05:34 Overview of Tri-Valley Plaza09:15 Investment Philosophy and Strategy14:44 New Investment Opportunity in Mesa18:55 Details of the Mesa Property Deal25:20 Negotiating Seller Credits and Due Diligence26:10 The Importance of Asset Management28:12 Passion for Finance and Investing30:36 Educating Investors on Financial Literacy32:32 Investment Opportunities and Project Details34:38 Balancing Passion and Professional Life36:58 Methodical Approach to Real Estate Investing39:10 The Value of Patience in InvestingDisclaimer: “This production is for educational purposes only and is not intended as investment or legal advice.”© 2025 AltInvestingMade Easy.com LLC All rights reserved

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