5 Talents Podcast - How To Build Wealth Through Real Estate
Welcome to the 5 Talents Podcast - How To Build Wealth Through Real Estate. Your host Abel Pacheco interviews real estate investors, wealth managers, syndicators, operators, and other wealth management strategists. If you’re a top earner in your field, an accredited investor and focused on building wealth through real estate... then this podcast is for you.
Abel served his local church for nearly 10 years as a deacon and finance board member and now combines his passion for real estate investing, professional successes, faith, leadership, and core beliefs to serve his investment community.
If you want to learn what other multi-millionaires, wealth managers, and surrounding industry experts are doing to build and preserve wealth... then this podcast is for you.
www.5Talents.Capital
5 Talents Podcast - How To Build Wealth Through Real Estate
Chris Pomerleau and Collin Schwartz - $50M in Assets, 750 Units; Invest For Mail Box Money
Today, we have Chris Pomerleau and Collin Schwartz, co-founders of Park Ave Capital. They specialize in providing private investment options that can grow in the long-term through real assets and are protected from the volatility of Wall Street. Their mission is to help people earn passive income through real estate, which led them to build an impressive portfolio of $50 million of assets under management including 750 units. They have dropped several golden nuggets that you don’t want to miss in this episode.
Do you think you also have what it takes to build a $50-million real estate portfolio? Tune in now!
[00:01 - 06:59] Opening Segment
- Let’s get to know Chris Pomerleau and Collin Schwartz
[07:00 - 17:50] Refinancing
- What are Chris and Collin doing right now?
- Buy, renovate, refinance
- Chris breaks down the Ratio Utility Billing System
- How to cut cost with water conservation
[17:51 - 28:47] Partnerships
- Chris shares a few real estate tips to increase net operating income
- Collin tells us how to build and add value to partnerships
- Chris and Collin share their secret in looking for potential markets
[28:48 - 41:08] Value-Adding
- Here are creative ideas from Collin and Chris to find deals
- Connect with Chris and Colin. Links below
- Don’t miss their secrets to be successful in real estate!
[41:09 - 47:05] Closing Segment
- Final words from us
Tweetable Quotes:
“That’s the beauty and flexibility of earning passive income: Just do what you like.” - Chris Pomerleau
“I think if you want to be really, really successful in real estate, [you have to] focus on it every day.” - Collin Schwartz
Resources Mentioned:
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Connect with Chris on LinkedIn, Facebook, and Twitter. Reach out to Collin on Facebook and LinkedIn. Visit their company online and social media pages: LinkedIn, Facebook, Twitter, and Instagram.
Guest emails: chris@parkAveInvesting.com and collin@bricktownmanagement.com
Connect with me:
https://www.5tcre.com/
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Email us --> abel@5tcre.com