35 min listen
Client Spotlight with Cameron Anderson | PREI 422
Client Spotlight with Cameron Anderson | PREI 422
ratings:
Length:
42 minutes
Released:
Mar 8, 2023
Format:
Podcast episode
Description
Hello my friends, and welcome to another episode of Passive Real Estate Investing. I'm your host, Marco Santarelli. So I wanted to do another client spotlight here today. I think I'm gonna do a total of maybe four over the course of the last and coming up few months. But today I've got a relatively newer, let's call him that real estate investor, Cameron Anderson. He goes by Cam and well, might as well just introduce him.
FREE copy of The Ultimate Guide to Passive Real Estate Investing.
If you missed our last episode, be sure to listen to Rental Property Insurance Goes High Tech
Cam, welcome to the show.
Thanks for having Marco.
I figured I'd introduce you instead, instead of having you just waiting out there for me to talk about whatever I talk about .
That works.
So you're, you're up in Idaho, right?
Correct. Yep. Out of Boise, Idaho.
All right, cool. And you've been a client of NORADA for a while now. I don't know how long, maybe you can fill that in.
Yeah. Your market back to September of 2021. At least worth the first closing on our first property.
Nice. So before we get into that, tell us a little bit about you, you know, just volunteer, whatever you'd like. And then we'll talk a little bit about your journey. I know everybody's got a different reason to invest. What motivates them, their goals are different, you know, what got them started is different. Tell us a little bit about you and then we'll kind of dive into your journey.
Yeah, absolutely. So background, I'm a firefighter by trade and my wife is a nurse, so pretty humble income backgrounds. And previous to being a firefighter was into agile design development industry at the product manager, director of product management, VP tech background. But kind of, I guess it'll tie into more on the journey of how I got to getting into it. But did a, a switch of careers got into firefighting. No looking back. But as you can imagine, there's a little bit of a income difference from firefighting to private sector in the tech world,right?
Yeah, for sure. What got you interested in real estate investing? It's, it's interesting when I talk to people even, you know, even friends, but I go to a, a function or a party and you, you know, the conversation comes up and it's always interesting to hear what got people interested in real estate and investing more specifically. What was your story on that?
Yeah, so it, it started not too long after I'd switched careers. I went from something where income was good to a little bit more humble budgets and a career that I loved, enjoyed. I was going from 70 ish to 80 hours a week. I had global contractors under me. So sleep wasn't a thing. I'd wake up at 2:00 AM be working with my folks over in India, be working with folks over in Vietnam, whoever needed that, just cuz I knew that if I was sleeping then there's five hours loss of productivity on their end. So I needed to help any roadblocks that would pop up. So it became pretty consuming weekends, even Sundays were a great a day where I called it a day for me to crush competition. I know they're sleeping, I'm not, I'm gonna be working and getting ahead. And it, it was good from a business standpoint, but not from a family standpoint.
And I had my daughter, she, my oldest daughter, she was three at the time. It was a Sunday, I'm working, she's, Hey dad, can you play with me? I'm like, ah, not now I'm working. And I kind of stopped. I'm like, wait, what did I just tell her? This is a, a weekend day day to be with my kid and hanging out. I was like, ah. And that just rubbed me wrong. I was like, I, I need to get my priorities straight. So I kind of switched gears from going after money and hunting aggressively for that and getting my priorities straight. And that's eventually how it led me down to firefighting career warfare for passion, and I love it. And there's no looking back. And then things are going well.
FREE copy of The Ultimate Guide to Passive Real Estate Investing.
If you missed our last episode, be sure to listen to Rental Property Insurance Goes High Tech
Cam, welcome to the show.
Thanks for having Marco.
I figured I'd introduce you instead, instead of having you just waiting out there for me to talk about whatever I talk about .
That works.
So you're, you're up in Idaho, right?
Correct. Yep. Out of Boise, Idaho.
All right, cool. And you've been a client of NORADA for a while now. I don't know how long, maybe you can fill that in.
Yeah. Your market back to September of 2021. At least worth the first closing on our first property.
Nice. So before we get into that, tell us a little bit about you, you know, just volunteer, whatever you'd like. And then we'll talk a little bit about your journey. I know everybody's got a different reason to invest. What motivates them, their goals are different, you know, what got them started is different. Tell us a little bit about you and then we'll kind of dive into your journey.
Yeah, absolutely. So background, I'm a firefighter by trade and my wife is a nurse, so pretty humble income backgrounds. And previous to being a firefighter was into agile design development industry at the product manager, director of product management, VP tech background. But kind of, I guess it'll tie into more on the journey of how I got to getting into it. But did a, a switch of careers got into firefighting. No looking back. But as you can imagine, there's a little bit of a income difference from firefighting to private sector in the tech world,right?
Yeah, for sure. What got you interested in real estate investing? It's, it's interesting when I talk to people even, you know, even friends, but I go to a, a function or a party and you, you know, the conversation comes up and it's always interesting to hear what got people interested in real estate and investing more specifically. What was your story on that?
Yeah, so it, it started not too long after I'd switched careers. I went from something where income was good to a little bit more humble budgets and a career that I loved, enjoyed. I was going from 70 ish to 80 hours a week. I had global contractors under me. So sleep wasn't a thing. I'd wake up at 2:00 AM be working with my folks over in India, be working with folks over in Vietnam, whoever needed that, just cuz I knew that if I was sleeping then there's five hours loss of productivity on their end. So I needed to help any roadblocks that would pop up. So it became pretty consuming weekends, even Sundays were a great a day where I called it a day for me to crush competition. I know they're sleeping, I'm not, I'm gonna be working and getting ahead. And it, it was good from a business standpoint, but not from a family standpoint.
And I had my daughter, she, my oldest daughter, she was three at the time. It was a Sunday, I'm working, she's, Hey dad, can you play with me? I'm like, ah, not now I'm working. And I kind of stopped. I'm like, wait, what did I just tell her? This is a, a weekend day day to be with my kid and hanging out. I was like, ah. And that just rubbed me wrong. I was like, I, I need to get my priorities straight. So I kind of switched gears from going after money and hunting aggressively for that and getting my priorities straight. And that's eventually how it led me down to firefighting career warfare for passion, and I love it. And there's no looking back. And then things are going well.
Released:
Mar 8, 2023
Format:
Podcast episode
Titles in the series (100)
Pros and Cons of “Active” Real Estate Investing with Mike Hambright | PREI 030: - In this episode we discuss some of the pros and cons of "active" real estate investing -- the opposite end of "passive" real estate investing. That means you're actively involved in the deal -- whether that is wholesaling, rehabbing, by Passive Real Estate Investing