PODCAST EPISODE

How to Start Investing in Multifamily Real Estate from Overseas with Michael and Suzy

The Military Millionaire Podcast

May 21 2021 • 1 hr 1 min


Episode: 142

Michael Barnhart and Suzie Sevier

Join your hosts, David Pere and Alex Felice, with guests Michael and Suzie as they talk about overseas investing and the importance of aligning with the right people and team. Tune in as Michael and Suzie explain the systems and processes they've built that allow them to manage multifamily investments even when they're stationed abroad.

When everybody was sent home during the lockdown, Michael and Suzie started questioning what they were going to do with the time and restrictions they're in. The two stumbled across the book, Multiple Streams of Income from a mini book club they started. Then and there, Michael and Suzie knew that they could do it too!

In this episode, Michael and Suzie reiterate the magic of having the right team and education. They believe that while for some multifamily syndication can get tricky, having different creative minds that know other things you don't prove one thing: you don't have to do everything yourself.

About Michael and Suzie:

Suzy and Michael are the Founders of Adventurous Real Estate Investors. They specialize in Return on Impact. Through real estate investing, they create immeasurable impacts; in their family, with their friends, in their community, with the families (residents) they serve, in the spaces where they want to be generous – everywhere and anywhere! Their adventure began at a TEDx event — the theme was Reset — and it changed their lives.

Their "why" is to achieve financial freedom through real estate investing so they can serve others all over the world. They want to be able to explore this beautiful world and experience all that it has to offer. They want to create an impact where it is needed most. They want to share this journey with others by offering investment opportunities to their partners, and to give back by mentoring others along the way to help them check off their bucket list items now, not after retirement.

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Sponsor: https://www.frommilitarytomillionaire.com/rentometer-sponsor

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Outline of the episode:

  • [03:23] Starting from the book, Multiple Streams of Income.
  • [07:17] Our team brought in the experience for all of us.
  • [13:07] When nobody follows up – follow up!; What is syndication about?
  • [18:45] Get other people for what you're bad at doing.
  • [25:37] The social and cultural dynamics that play when taking over a property.
  • [31:35] What's the best part of having a team?
  • [32:46] Educating yourself destroys Imposter Syndrome.
  • [36:45] The unfair advantage of working from overseas.
  • [43:24] Two big pieces when jumping onto the next deal.
  • [47:49] Setting up the systems and processes that make things work, even from anywhere around the world.
  • [50:26] "Stick to your budget!"
  • [55:00] The difference between experts and advisers.

Resources:

Website: https://adventurousrei.com/

LinkedIn: https://www.linkedin.com/company/adventurous-real-estate-investors/

Facebook: https://www.facebook.com/adventurousREI

Instagram: https://www.instagram.com/adventurous.rei/

Use Adventurous REI's checklist for your next multifamily acquisition:

https://adventurousrei.com/checklist

The No B.S. Guide to Military Life - How to build wealth, Get Promoted, and Achieve Greatness, Book by David Pere:

https://www.amazon.com/B-S-Guide-Military-Life-greatness/dp/1736753010

Clients for Life - Evolving from an Expert-for-Hire to an Extraordinary Adviser, Book by Jagdish N. Sheth:

https://www.amazon.com/Clients-Life-Expert-Hire-Extraordinary/dp/0684870304

Meet people, find support, grow a business, and explore with Meet Up!:

https://www.meetup.com/

Follow Our Journey:

Website: https://www.frommilitarytomillionaire.com/

YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/

Facebook: https://www.facebook.com/groups/1735593999901619/

Instagram: https://www.instagram.com/frommilitarytomillionaire/

Grab your book copy of The No B.S. Guide to Military Life - How to Build Wealth, Get Promoted, and Achieve Greatness by David Pere:

https://www.amazon.com/B-S-Guide-Military-Life-greatness/dp/1736753010

Sponsor: https://www.frommilitarytomillionaire.com/rentometer-sponsor

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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei

Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/

Become an investor: https://www.frommilitarytomillionaire.com/investor/

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SUBSCRIBE: https://bit.ly/2Q3EvfE

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Website: https://www.frommilitarytomillionaire.com/start-here/

Instagram: https://www.instagram.com/frommilitarytomillionaire/

Facebook: https://www.facebook.com/groups/militarymillionaire/

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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!

THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.

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