EP 229: Diversifying Your Portfolio: Real Estate, Startups, and AI Investments with Akash Jain
Meet Akash Jain, a seasoned entrepreneur with over 30 years of experience who skillfully blends roles as a fund manager, entrepreneur, strategist, and technologist. After successfully exiting his healthcare startup in 2019, Akash has dedicated his efforts to assisting friends and family in building generational wealth through savvy investments. Since 1999, Akash has diversified his portfolio across commercial real estate, startups, oil and gas, and solar energy. As an influential figure in investment circles, he has contributed to over 100 startups as an angel investor, mentor, and general partner in a Silicon Valley seed-stage startup fund. His expertise in commercial real estate is extensive, with investments spanning multifamily units, retail spaces, land, short-term rentals, car washes, office spaces, and single-family homes, boasting over 600 multifamily units as a lead sponsor. Akash is the visionary Founder and CEO of Multi Asset Generational, a dynamic real estate and private equity fund. Alongside his dedicated team, he collaborates with private equity firms and family offices to syndicate, develop, and invest in various projects, including a recent partnership with an India-based private equity and venture capital fund focusing on startups and unicorns. Further expanding his investment scope, Akash co-founded the Karma Energy Fund, focusing on highly selective oil and gas exploration investments. Currently, he manages over $100 million in assets. Akash earned an MBA in Entrepreneurship from the Kelley School of Business at Indiana University and a Bachelor of Engineering in Computer Science from Pune University. Family is central to Akash's life; he resides in Frisco, TX, with his high school sweetheart and their two sons, nurturing the next generation of thinkers and leaders. Connect with Akash at 972-645-4321 or akash@multiassetgenerational.com Summary In this episode of the Gentle Art of Crushing It podcast, host Randy Smith interviews Akash Jain, a multifamily operator and managing partner of a multi-asset generational fund. They discuss current market conditions, opportunities for passive investors, and Akash's unique strategies in multifamily investing. Akash shares insights on the importance of community in property management, his transition from healthcare to real estate, and his approach to investing in startups and AI. The conversation emphasizes the significance of due diligence and investor education in navigating the real estate and startup landscapes. Chapters 00:00 Market Conditions and Opportunities for Passive Investors 10:01 Akash Jain's Journey and Multifamily Investment Strategy 20:00 Investing in Startups and AI: A New Frontier 30:06 Due Diligence and Investor Education RANDY SMITH Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor