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E192: Dealing With a Crises - David Thompson

E192: Dealing With a Crises - David Thompson

FromThe Investor Mindset - Name Your Number Show [$]


E192: Dealing With a Crises - David Thompson

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
35 minutes
Released:
Feb 11, 2021
Format:
Podcast episode

Description

David Thompson is the founder and general partner of Thompson Investing, operating out of his city of residence: Austin, Texas.As a sponsor in countless syndication deals, David invests capital in real estate projects, particularly multi-family apartments, self-storage, and home parks. He currently manages an investment portfolio of over $150 million. Before starting his own business, David moved between high-level management positions at companies like Dell, AT&T, and Lucent Technologies.In this episode David shares his strategies for dealing with crises like Coronavirus in real estate syndication. We discuss how you can make money in any real estate market through identifying and developing a niche, and how David has turned the pandemic into an opportunity for personal and professional growth. Tune in for an uplifting episode where David's optimistic and pragmatic investing tips help you become a more resilient investor. KEY TAKEAWAYS1. Communication is key to build and maintain trust during a crisis, even if you only have bad news. 2. Building strong business relationships will pay off for years to come. 3. Educating yourself is crucial. Anybody can get started as an investor if they are willing to self-educate and reach out to professionals to ask questions. 4. Slow periods are part of investing. It comes in waves. 5. Take the time during a slow year to focus on building up what you have, strengthening your investments rather than expanding. LINKShttps://thompsoninvesting.com/https://twitter.com/thompsoninvesthttps://www.facebook.com/thompsoninvesting/ 
Released:
Feb 11, 2021
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset