JF3225: Building a $650 Million Multifamily Portfolio After Losing it All in 2008 ft. Patrick Grimes

Patrick Grims is the CEO of Invest on Main Street, which allows investors to passively invest in syndications for alternative assets. In this episode, Patrick shares his whirlwind journey from high-tech engineer to real estate investor, which includes losing everything in the 2008 housing crisis. He also shares the importance of learning to trust others and educating investors on the history of market cycles.   Patrick Grimes | Real Estate Background CEO of Invest on Main Street Portfolio:  $647 million - 4,923 multifamily units in 26 communities across 7 states 138 natural gas and oil wells Based in: Los Angeles, CA Say hi to him at:  Investonmainstreet.com passiveinvestingmastery.com LinkedIn Best Ever Book: A CEO Only Does Three Things by Trey Taylor Greatest Lesson: Don’t fear the market cycles, learn how to ride the waves and invest in the downturn.   Click here to learn more about our sponsors: CASKX Techvestor SyndicationAttorneys Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Welcome to the Best Ever CRE Show, the world’s longest-running daily COMMERCIAL real estate podcast. Founded by Joe Fairless, a co-founder of Ashcroft Capital who went from buying $35,000 homes to controlling more than $2.7 billion in real estate assets, the Best Ever CRE Show provides commercial real estate expert insights, education, and timely information to our community of active and passive investors who want to build wealth, build a legacy, and do more good in the world. So if you want the real stories behind the good, the bad, and the worst ever deals — plus, insights into what really goes on in commercial real estate investing — you’re in the right place. Our hosts interview commercial real estate experts every day to uncover secrets and strategies YOU can use to become a better, more informed investor. This is the Best Ever CRE show.