#57 Building A Portfolio While Raising A Family with Phil Moeller

14/10/2024 36 min
#57 Building A Portfolio While Raising A Family with Phil Moeller

Listen "#57 Building A Portfolio While Raising A Family with Phil Moeller"

Episode Synopsis

In this episode of the REI Marketing Secrets podcast, Phil Moeller shares his journey from engineering to real estate investing. He discusses his initial motivations for investing in single-family homes, the transition to multifamily properties, and the importance of effective property management. Phil emphasizes the significance of local market knowledge, the strategies for finding and financing deals, and the lessons learned from his experiences in both active and passive investing. He concludes with valuable advice for aspiring real estate investors, highlighting the need for clarity, education, and action.In this episode, we'll cover: Overanalyzing deals can lead to missed opportunities.The shift to multifamily was a strategic decision.Effective property management is crucial for success.Building relationships is key in real estate.Passive investing requires thorough due diligence.Understanding the capital stack is essential for investors.A growth mindset is important for aspiring investors.Taking action is necessary to achieve investment goals.Click here for the show notes from today’s episode: podcastingyou.com/phil-moeller