39 min

Episode 51: How to Find the Best Cities to Invest in Real Estate with Neal Bawa Pass the Secret Sauce by Matt Shields

    • Investing

This episode’s guest is Neal Bawa. Neal is a technologist who is universally known in the real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $265+ million-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that We can only manage what we can measure. His second mantra is that Data beats gut feel by a million miles. These mantras and a dozen other disruptive beliefs drive profit for his 300+ investors.

In this episode we discuss:

Why he did not have entrepreneurial ideas when he was younger and taking a risk in creating businesses as he got older [5:15]
Catching the real estate investing bug [9:35]
How Neal uses technology and data to 10x his real estate investments [11:04]
Answering the question “What are the best cities in America to invest in and what are the best neighborhoods in those cities?” [18:20]
Factors that make a real estate market good to invest in - what makes them the best cities to invest in real estate [20:12]
Leveraging virtual assistants to 10X business [27:04]
How this black swan event (COVID19) is more transformative than world war 2 [30:45]
How Neal is investing in the time of COVID19 [34:03]
How to learn more about Neal [37:50]

Quotable Quotes

Everyone should have some phase in their life where there is financial stress. Because I think that it truly builds character.
The stress creates more opportunity than boom times.

Links to sources and tools

Are you interested in multifamily real estate investing? Go to https://multifamilyu.com/ a one-stop-shop for anything and everything multifamily where Neal Bawa and his trusted group of experts teach and share their real-life experiences as syndicators and investors.
Connect with Neal on LinkedIn:https://www.linkedin.com/in/neal-bawa

Want to listen to more episodes that discuss real estate investing? Listen to these episodes below:
Multifamily Real Estate Investing in Cincinnati with JJ Harrison: https://bit.ly/3kuwgsU
Using Owner Financing to Grow Your Real Estate Portfolio with Gabriel Hamel: https://bit.ly/2GzvUlK
Building Relationships When Investing in Real Estate with Eddie Fyall: https://bit.ly/2EDpdil


Thanks for listening. Don’t forget to like us on Facebook: https://www.facebook.com/passthesecretsauce to get updates on new episodes. If you haven’t already, please follow and leave a review for our podcast, we’ll really appreciate it. And as always, don’t forget to pass the secret sauce.

Support our podcast
If you’re a fan of the show, there are three simple things you can do to support our work:


Subscribe, rate and review: https://podcasts.apple.com/us/podcast/pass-the-secret-sauce-by-matt-shields/id1506940483 the podcast on iTunes or wherever you subscribe.
Tell a family member, friend, or collea...

This episode’s guest is Neal Bawa. Neal is a technologist who is universally known in the real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $265+ million-dollar multifamily portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that We can only manage what we can measure. His second mantra is that Data beats gut feel by a million miles. These mantras and a dozen other disruptive beliefs drive profit for his 300+ investors.

In this episode we discuss:

Why he did not have entrepreneurial ideas when he was younger and taking a risk in creating businesses as he got older [5:15]
Catching the real estate investing bug [9:35]
How Neal uses technology and data to 10x his real estate investments [11:04]
Answering the question “What are the best cities in America to invest in and what are the best neighborhoods in those cities?” [18:20]
Factors that make a real estate market good to invest in - what makes them the best cities to invest in real estate [20:12]
Leveraging virtual assistants to 10X business [27:04]
How this black swan event (COVID19) is more transformative than world war 2 [30:45]
How Neal is investing in the time of COVID19 [34:03]
How to learn more about Neal [37:50]

Quotable Quotes

Everyone should have some phase in their life where there is financial stress. Because I think that it truly builds character.
The stress creates more opportunity than boom times.

Links to sources and tools

Are you interested in multifamily real estate investing? Go to https://multifamilyu.com/ a one-stop-shop for anything and everything multifamily where Neal Bawa and his trusted group of experts teach and share their real-life experiences as syndicators and investors.
Connect with Neal on LinkedIn:https://www.linkedin.com/in/neal-bawa

Want to listen to more episodes that discuss real estate investing? Listen to these episodes below:
Multifamily Real Estate Investing in Cincinnati with JJ Harrison: https://bit.ly/3kuwgsU
Using Owner Financing to Grow Your Real Estate Portfolio with Gabriel Hamel: https://bit.ly/2GzvUlK
Building Relationships When Investing in Real Estate with Eddie Fyall: https://bit.ly/2EDpdil


Thanks for listening. Don’t forget to like us on Facebook: https://www.facebook.com/passthesecretsauce to get updates on new episodes. If you haven’t already, please follow and leave a review for our podcast, we’ll really appreciate it. And as always, don’t forget to pass the secret sauce.

Support our podcast
If you’re a fan of the show, there are three simple things you can do to support our work:


Subscribe, rate and review: https://podcasts.apple.com/us/podcast/pass-the-secret-sauce-by-matt-shields/id1506940483 the podcast on iTunes or wherever you subscribe.
Tell a family member, friend, or collea...

39 min