In this week’s episode with Sharon Riddle, we’ll explain why mentorship is such a powerful tool for building a strong foundation in real estate investing!
Sharon talks about how mentorship made her and her husband realize the possibilities of investing in properties, their transition into focusing on the Texas multifamily market, and their continuous journey to become effective general partners!
Key Points & Relevant Topics
- How Sharon started her real estate journey through her husband Dan
- The power of utilizing other people’s money to invest in real estate
- Why Sharon and her husband decided to shift into multifamily investing and how they begin their transition
- The importance of mentorship in every aspect of real estate investing
- Challenges of being a limited partner in multifamily in today’s market
- How asset management and operations are impacting the Texas market
- What operators can do to combat challenges and minimize the risks of running multifamily investments
- The massive benefits of real estate investing and networking for Sharon
Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor
About Sharon Riddle
Over her career, Sharon Riddle has worked in companies, nonprofit organizations, and government agencies. She has provided business solutions in the areas of software upgrades and business process analyses and has conducted best business practice research for over 30 years. Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. She took a leadership role in managing all facets of the business, including property analysis, acquisition, rehab, property management, and resale of properties.
Sharon, with her business partner Dan, started the transition to multifamily real estate in 2015 through initial education and investing passively in 18 properties in Texas, Oklahoma, Colorado, Florida, and Ohio, totaling 3,507 units to date. She joined the Women’s Multifamily Mastermind in 2019, has been a personal mentoring student of Brad Sumrok since 2015, and co-founded Excalibre Investments of Texas LLC with Dan.
Get in Touch with Sharon
- Website: https://excalibretexas.com/
- LinkedIn: Sharon (Birdsong) Riddle
- Email: riddledsn@verizon.net
To Connect With Us
Please visit our website www.bonavestcapital.com and click here to leave a rating and written review!
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