5 Talents Podcast - How To Build Wealth Through Real Estate

Reid Bennett – 150 Markets Across US, Top-25 out of 1,200 Advisors; Financial Freedom from Multifamily

November 17, 2020 Abel Pacheco Season 1 Episode 42
5 Talents Podcast - How To Build Wealth Through Real Estate
Reid Bennett – 150 Markets Across US, Top-25 out of 1,200 Advisors; Financial Freedom from Multifamily
Show Notes

Reid Bennett, CCIM is National Council Chair of Multifamily Properties for SVN International and a Senior Vice President for SVN - Chicago Commercial. He is a licensed managing broker, focusing primarily on selling apartment communities across the Midwest and teaming with members of his council to serve clients across the country in over 150 markets. Reid prides himself on understanding the nuances and analysis of multiple unit apartment dwellings & low-income Section 8 & Section 42 communities. In 2018, Reid ranked 25th out of over 1,200 SVN advisors worldwide, receiving the Partners Circle Award from SVN.

Let’s all welcome, Reid, and learn how we can attain financial freedom from multifamily investing.

[00:01 - 10:53] Opening Segment

  • I introduce our guest, Reid Bennett
  • Reid shares his real estate background
    • He talks about their approach in real estate

[10:54 - 18:04] Client Testimonials

  • Reid talks about the mistakes you should avoid in real estate
    • Consider local nuances
    • Study state taxes
  • He shares some tips to pick a good real estate advisor
    • Who are the best references you should ask? 
  • Work with us! Visit 5tcre.com/invest

 [18:05 - 29:52] Financial Freedom from Multifamily 

  • Reid tells us why multifamily is easier than other asset classes
  • We talk about the “magic” of multifamily
  • Reid shares some nuggets about multifamily you don’t want to miss!

[29:53 - 35:55] Multifamily The Way To Go

  • Reid talks about making housing affordable for the general public
  • He tells us the crucial role of multifamily in the world today

[35:56 - 40:13] Closing Segment 

  • Connect with Reid. See links below 
  • Find advisors with good track records
  • Final words from Reid and me


Tweetable Quotes:

“If one person has a bad experience with somebody, they’re typically not quiet about it.” - Reid Bennett

“Multifamily is the place to be ... everybody now can [go to the] office virtually … everybody’s buying virtually. You just can’t live virtually yet. You need a place to stay. That’s why multifamily is gonna be here to stay forever” - Reid Bennett


Resources Mentioned:

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Connect with Reid on LinkedIn or call him at 773.251.7342. Visit their company online and on Facebook, Google, YouTube, Twitter, and LinkedIn.

Guest Email: Reid.Bennett@svn.com

 

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