In this episode, Shawn Griffith, a real estate investor, syndicator, and Managing Director of TWT Multifamily, takes us on a journey through the world of real estate investment. He shares insights on developing a money mindset, the critical steps of education, action, and teamwork, and how to find the best markets by focusing on population growth and housing affordability. Sean discusses the role of multifamily investors in combating homelessness and the current trends in the rental market, like concessions.
Tune in to learn why thorough due diligence and trust are key to success, how tenant-landlord cooperation can make a difference, and the importance of corporate social responsibility.
Don't miss this episode filled with practical tips and thoughtful perspectives on the real estate industry.
Enjoy this episode on your favorite podcast platform
✅ Apple → https://podcasts.apple.com/gb/podcast/why-due-diligence-and-trust-matter-real-estate/id1625806145?i=1000654428028
✅ Youtube → https://youtu.be/3LTxE-NR3o4
Let’s Stay Connected
✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/
Connect with Shawn Griffith
✅ LinkedIn → https://www.linkedin.com/in/shawn-griffith/
✅ Website → https://twtmultifamily.com/
Time Stamps
00:02:18 - First Real Estate Investment
00:03:24 - Active Involvement in Investments
00:04:05 - Reevaluating Retirement Plans
00:04:46 - Importance of Mentorship
00:06:13 - Shift in Retirement and Investment Strategy
00:08:00 - Property Management and Team Building
00:09:08 - Focused Investment Markets
00:12:18 - Texas Real Estate Market Trends
00:15:25 - Housing Affordability Issues
00:17:34 - Supporting Homeless Veterans
00:19:52 - Role of Multifamily Investors in Community Support
00:20:57 - Market Dynamics and Rent Concessions
00:23:19 - Misconceptions and Realities of Renting Post-COVID
00:25:35 - Investor Responsibility and Community Impact
00:31:11 - Importance of Understanding Investment Documents
00:34:22 - Due Diligence and Investment Speed
00:38:57 - Advancements in Real Estate Transactions
Sound Bites
"We can't help people that don't want to be helped."
"If somebody is trying to compress your due diligence time that's a red flag. "
"A life well-lived probably if I could sum it up in two words, no regrets."
"It's never too late to start. It's like that old Japanese adage, you know, when was the best time to plant a tree? 20 years ago. The second best time today. Take that plunge, do your homework, and invest."
#thepathtowellth #realestate #realestateinvesting #syndication #multifamily #duediligence #trust #apartmentinvesting #passiveincome #wealthbuilding #mindset #passion #financialfreedom
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