Today's guest is Dhanesh Shelat, Co-Founder of Reilvest, a company that allows people to invest in commercial real estate without being a landlord. In this episode, Dhanesh describes his entry into real estate, highlighting pivotal learning points from his journey, with emphasis on the uniqueness of multifamily investing and how to approach it.Episode Topics[01:19] About Dhanesh's background; getting started in real estate. [07:30] Realizing the critical role of appraisal in managing property. [10:15] What is "Turnkey" Investing? [11:32] Transitioning from single to multifamily real estate. [13:57] Evaluating income goals in multifamily investing. [21:36] Multifamily is a long-term team relationship. [24:20] One red flag every investor should look out for. [25:51] Dhanesh's advice to every multifamily investor. [28:58] Dhanesh shares his definition of success. [30:34] Connect with Dhanesh. Notable Quotes-        "I'm a firm believer that we learn a lot more from our mistakes than we do from our successes" (Tim Little)-        "Most people are interested in real estate but they're not actual real estate investors because they've never done anything with all the knowledge they acquire" (Tim Little)-        "By increasing the operations of a property, you can have an exponential result on the valuation of the actual property" (Dhanesh Shelat)-        "You've got to get out of the income mindset a little bit if you're investing in multifamily" (Dhanesh Shelat)-        "In multifamily, it is a team sport" (Tim Little)-        "Definitely Google who you're investing with" (Dhanesh Shelat)-        "The key to happiness is progress, and happiness for me is Success" (Dhanesh Shelat)Resources·        "The ABCs of Real Estate Investing" book by Ken McElroy [12:00] ·        "The Hands-Off Investor" book by Brian Burke [12:48] ·        www.activecampaign.com/sales-crm [23:14]·        www.hubspot.com/products/crm [22:50]·        www.boomeranggmail.com [23:20]Connect with Dhanesh Shelat·        At www.reilvest.com/tim (Free Resource!) [30:52]  ·        On LinkedIn - www.linkedin.com/in/dhanesh-shelat/ [30:42] 👉 Connect with Tim Linkedin: Tim Little Instagram: @tim_at_zana Email: [email protected] Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

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