After deciding to leave his corporate job to leap into investing full-time, David Thompson struggled to find success until he decided to focus on a niche. He leveraged his corporate background and relationships to raise capital for a real estate syndication and managed to raise $1 million dollars in just two weeks on his first deal. Since then, he’s helped provide investor funds to purchase over 1,450 apartment units worth over $120 million. On today’s episode, David shares his top ten lessons learned and how he built credibility with investors despite having minimal real estate investing experience.   

Key Market Insights

• How a coach can support your transition from full-time employee to full-time investor
• Leveraging a team to gain real estate credibility and experience
• How raising capital accelerates your understanding of multifamily properties
• The top lessons David learned raising $1 million in two weeks for his first syndication deal
• A simple approach to finding potential investors for syndication deals
• The power of repeat investors and referrals for new deals
• The #1 key to success in raising capital
• What building a thought leadership platform can do for your business
• Tips for talking to couples about investment opportunities
• Learn about 506(b) and Private Placement Memorandum
• How David stays on top of changes in his market? Focuses on niches in which he’s strongest
• One thing that helps David stay focused on goals: morning routine

Resources

Books:

How I Raised $1 Million Dollars in 2 Weeks to Fund My First Deal by David Thompson

StrengthsFinder 2.0 by Tom Rath 

Essentialism by Greg McKeown 

Digital: MailChimp: Marketing Automation Platform - www.mailchimp.com

Tweet This:

“A student today could be an investor tomorrow.” – David Thompson

  “My most important trick is to be yourself and be authentic.” – David Thompson

Places to Grab a Bite in Austin:

Franklin’s Barbecue - www.franklinbbq.com 

Connect with David:

Website: www.thompsoninvesting.com

Leave us a review and rating on iTunes or Stitcher for a chance to win a copy of Get Paid for Your Pad by Jasper Ribbers or Best Ever Real Estate Investing Advice Ever by Joe Fairless. Be sure to check out more info at TargetMarketInsights.com