Would you rather make a positive impact on your community or lots of money?
Most people think the two simply don't go together, especially not within the real estate industry. But today’s guest is living proof that that’s just not true.
Meet JP Newman, the founder, CEO, and managing principal of Thrive FP. He is also a licensed real estate broker and a Certified Commercial Investment Member.
JP has worked to create a company that reflects the principles and values of conscious capitalism. His mission is to create connected communities and lighten the load of these cost-burdened residents while maintaining solid profits for his investors.
In 2019, he even co-founded the nonprofit Veritas Impact Partners to provide health education and financial services for workforce housing residents living in his apartments.
Today, JP and I talked about how he manages to balance purpose and profit, how he supports his tenants and creates value in his communities, his excellent resident retention, and how he makes good money along the way.
Without further ado, let’s just right into it!
Key Takeaways:
- Intro (00:00)
- How JP made his first dollar (02:37)
- His transition from the film industry to real estate (04:19)
- About Thrive FP (13:10)
- The future of real estate (18:58)
- Conscious capitalism in real estate (24:41)
- Resident retention (34:31)
- Where JP and Thrive are heading (40:04)
- Top 5 investing tips (42:41)
- Outro (50:17)
—
Additional resources:
➡️ Check out JP Newman, Thrive FP, and his podcast:
• JP: https://jp-newman.com/
• Thrive FP: https://thrivefp.com/
• Apple Podcasts: https://apple.co/3QWR3J7
• Spotify: https://spoti.fi/3P8ruDf
• YouTube: https://bit.ly/3P9EB7k
➡️ Visit https://reedgoossens.com/ and:
• Invest passively in multifamily real estate
• Get FREE access to my 100% Passive Real Estate Investment Masterclass
• Take a look at my portfolio
• Get FREE multifamily real estate resources
➡️ Follow me on social media:
• LinkedIn: https://www.linkedin.com/in/reed-goossens-b2a6a933/
• Instagram: https://www.instagram.com/reedgoossens/
• Facebook: https://www.facebook.com/reed.goossens/
➡️ Subscribe to my podcast:
• YouTube: @ReedGoossensREI
• Apple: https://apple.co/44MiDN7
• Spotify: https://spoti.fi/45fVIcR
• Stitcher: https://bit.ly/3OHHJqJ
• Soundcloud: https://soundcloud.com/investing-in-the-us
—
Investing in the U.S. is a podcast for real estate investors and entrepreneurs who want to break into the U.S. market and grow their wealth!
Follow so you never miss an episode!
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.