EP458: Discover How David Priest Raised $4M This Past Year and Launched a 'Principal Protection Program' for His Investors

Discover how a veteran mortgage broker trades Wall Street for real estate syndications—and builds a $4M capital raising business in just 12 months. 

In this episode, David Priest reveals his remarkable journey from surviving cancer to launching one of the most investor-friendly programs in the market: the Principal Protection Program. David unpacks the hard lessons learned from losing money on his first deal, the mindset that made him walk away, and how that decision positioned him to raise millions and co-GP over $65M in real estate. Plus, he shares how his unique capital protection structure could change the game for passive investors. 

5 Key Takeaways from David Priest’s Episode:

1. From Adversity to Action:
   A leukemia diagnosis pushed David to stop coasting and go all-in on building his real estate syndication business.
2. Learning the Hard Way:
   Losing money on his first attempted deal taught David the importance of knowing your lane—and the power of capital raising over operating.
3. Why He Chose the Fund Model:
   David realized raising capital through a fund creates better economics, compliance, and alignment with top operators.
4. The Birth of the Principal Protection Program:
   Inspired by his wife's concerns, David designed an innovative structure to help protect investor capital on deals he participates in.
5. Capital Raising is the Most Leverageable Skill:
   David explains why building strong investor relationships is the most scalable, repeatable way to grow wealth, without owning operations.

About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. 

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
Facebook: Tim Mai | Capital Raising Nation 
Instagram: @timmaicom
Twitter: @timmai
LinkedIn: Tim Mai
YouTube: Tim Mai