In this episode of "Real Deal Investing", hosts Jerron Kelley, a seasoned real estate attorney, and Larry Mastropieri, a real estate broker and agent, talk with Scott Kidd, a former yacht captain and a real estate investor.
Scott shares his diverse background, having been a yacht captain for over 20 years before venturing into multifamily real estate, self-storage syndications, and e-commerce. He discusses his shift into e-commerce and starting a fund. He emphasizes his focus on raising capital and investor relations, drawing parallels between his experiences in yachting and real estate. The conversation delves into challenges and successes in team dynamics, highlighting the importance of effective communication and recognizing personalities within a team.
Scott discusses his journey into real estate, from initial conversations with brokers to venturing into joint ventures. Scott explains the transition from joint ventures to syndication, detailing the roles of general partners (GPs) and limited partners (LPs) in a syndication deal. He shares insights into his involvement in a multifamily deal, emphasizing the importance of networking and consistency.
Scott's involvement in a self-storage development and a potential deal in workforce housing is discussed. He explores the unique challenges and opportunities in different asset classes. The interview concludes with Scott sharing his foray into e-commerce and his networking group, emphasizing the value of consistent networking and thinking big in the entrepreneurial space.
Throughout the discussion, Scott highlights the significance of networking, adapting to challenges, and staying consistent in pursuing opportunities. His diverse experiences in yachting, real estate, and e-commerce provide valuable insights for listeners interested in various aspects of investment and business.
#realestateinvesting #realdealinvesting #scottkidd #expertadvice #floridarealesate #realestate
Connect with Jerron: Jerron Kelley, Esq. www.kelleygrantlaw.com
Connect with Larry: Larry Mastropieri www.DiscoverSouthFlorida.com
Connect with Scott: Scott Kidd investwithscottkidd.com
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