5 Talents Podcast - How To Build Wealth Through Real Estate

David Toupin - $100M+ in Multifamily, $30M+ in Capital; Real Estate Tips for Millennials

January 05, 2021 Abel Pacheco Season 1 Episode 73
5 Talents Podcast - How To Build Wealth Through Real Estate
David Toupin - $100M+ in Multifamily, $30M+ in Capital; Real Estate Tips for Millennials
Show Notes

Grab a pen and paper. Open your notes app. If you’re a millennial who’s still new in the business or who’s trying to go passive, this episode is for you. David Toupin, The Real Estate Jedi and a top millennial investor, will drop a ton of golden nuggets in real estate that you don’t want to miss. You will learn how a college student bought his first property and how he in his mid-20’s helped develop more than $100 million in multifamily. He co-founded Obsidian Capital Co, an Austin-based real estate investment firm, and raised over $30 million in investor capital. David also serves as Chief Executive Officer of Real Estate Lab, a community and software platform for multifamily investors.

Let’s listen to David and learn how millennials can break into real estate!

[00:01 - 07:30] Opening Segment

  • Let’s get to know David Toupin
    • His path to real estate 
  • The most underrated part of the business

[07:31 - 18:37] Trust and Timing 

  • You make money in real estate when you buy, not sell
    • David explains 
  • The 2 T’s to raise capital from investors according to David
  • Numbers to look for in underwriting deals

[18:38 - 28:13] Deals with Stories

  • Don’t miss David’s tips for passive investors!
  • David talks about the best deal he’s closed so far

[28:14 - 37:52] Broker Relationships 

  • Listen to David’s approach to building broker relationships
  • The secret to Start successfully in real estate

[37:53 - 43:20] Closing Segment

  • Connect with David - links below 
  • Trust people and don’t over-analyze
    • David explains
  • Final words from David and me


Tweetable Quotes:

“In real estate, you make money when you buy, not when you sell.” -  David Toupin

“I think the best deals also have a story.” -  David Toupin


Resources Mentioned:

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Connect with David on LinkedIn, Facebook, YouTube, and Instagram. Visit Obsidian Capital and their LinkedIn page to learn more. 

Guest email: David@obsidiancapitalco.com


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