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EP359 - Patrick Grimes on the pros and cons of active vs passive investing

EP359 - Patrick Grimes on the pros and cons of active vs passive investing

FromChasing The Insights


EP359 - Patrick Grimes on the pros and cons of active vs passive investing

FromChasing The Insights

ratings:
Length:
34 minutes
Released:
Jan 31, 2023
Format:
Podcast episode

Description

In this episode of Chasing the Insights, I talk to best-selling author and leading investment specialist Patrick Grimes. Patrick talks to us about the pros/cons of active vs passive investing.  Patrick Grimes is the Founder and CEO at Invest on Main Street, a private equity firm with a mission to enhance busy professionals' quality of life by providing tax shielded and inflation hedge passive income and wealth-building investments. He comes from fourteen years of experience in active real estate investment, purchasing distressed assets, renovating, and stabilizing for long-term cash flow. As a syndicator, Patrick has raised $20M+ from his network of passive investors to accumulate a $600M+ portfolio with 4000+ units in multifamily apartment communities in the emerging markets across Texas and the southeastern United States. Patrick co-authored an Amazon #1 best-selling book, "Persistence, Pivots, and Game Changers" and, on the Forbes Real Estate Council, he writes articles on investing and commercial real estate and contributes to Forbes Expert Panels. A leader in the high-tech space, he contracts to design and build one-of-a-kind manufacturing automation and robotic systems through his other company, Protomation Systems, LLC. Patrick also holds a BS in Mechanical Engineering, a Master of Science in Engineering and an MBA.
Released:
Jan 31, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to Chasing the Insights, the podcast designed for you, the marketer, entrepreneur and small business owner. Each week your host, Vince Warnock, has a fireside chat (minus an actual fireside) with some of the biggest and brightest minds in entrepreneurship, web3, mindset, marketing and sales (basically anything that helps you on your entrepreneurial journey). This is your chance to glean insights from the best in the business to help you to grow your business and to gain an unfair advantage.