Episode 104: Why Due Diligence and Trust Matter: Real Estate Investing with Shawn Griffith

03/05/2024 37 min
Episode 104: Why Due Diligence and Trust Matter: Real Estate Investing with Shawn Griffith

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Episode Synopsis

In this episode, Shawn Griffith, a real estate investor, syndicator, and Managing Director of TWT Multifamily, takes us on a journey through the world of real estate investment. He shares insights on developing a money mindset, the critical steps of education, action, and teamwork, and how to find the best markets by focusing on population growth and housing affordability. Sean discusses the role of multifamily investors in combating homelessness and the current trends in the rental market, like concessions.Tune in to learn why thorough due diligence and trust are key to success, how tenant-landlord cooperation can make a difference, and the importance of corporate social responsibility. Don't miss this episode filled with practical tips and thoughtful perspectives on the real estate industry.Enjoy this episode on your favorite podcast platform✅ Apple → https://podcasts.apple.com/gb/podcast/why-due-diligence-and-trust-matter-real-estate/id1625806145?i=1000654428028✅ Youtube →  https://youtu.be/3LTxE-NR3o4Let’s Stay Connected✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/Connect with Shawn Griffith ✅ LinkedIn → https://www.linkedin.com/in/shawn-griffith/✅ Website →  https://twtmultifamily.com/Time Stamps00:02:18 - First Real Estate Investment00:03:24 - Active Involvement in Investments00:04:05 - Reevaluating Retirement Plans00:04:46 - Importance of Mentorship00:06:13 - Shift in Retirement and Investment Strategy00:08:00 - Property Management and Team Building00:09:08 - Focused Investment Markets00:12:18 - Texas Real Estate Market Trends00:15:25 - Housing Affordability Issues00:17:34 - Supporting Homeless Veterans00:19:52 - Role of Multifamily Investors in Community Support00:20:57 - Market Dynamics and Rent Concessions00:23:19 - Misconceptions and Realities of Renting Post-COVID00:25:35 - Investor Responsibility and Community Impact00:31:11 - Importance of Understanding Investment Documents00:34:22 - Due Diligence and Investment Speed00:38:57 - Advancements in Real Estate TransactionsSound Bites"We can't help people that don't want to be helped.""If somebody is trying to compress your due diligence time that's a red flag. ""A life well-lived probably if I could sum it up in two words, no regrets.""It's never too late to start. It's like that old Japanese adage, you know, when was the best time to plant a tree? 20 years ago. The second best time today. Take that plunge, do your homework, and invest."#thepathtowellth #realestate #realestateinvesting #syndication #multifamily #duediligence #trust #apartmentinvesting  #passiveincome #wealthbuilding #mindset #passion #financialfreedom 

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