Multifamily syndication is not just about finding a deal, getting the trust of investors, and raising capital. Giving value to your investors is one of the keys to successful investing. It is also important to have the right attitude to keep yourself moving in the business. In this episode, Tony Castronovo explains how effective it is to consider the seven critical traits of successful real estate investors. He also shares some of the steps in shifting to bigger investing opportunities.
What You'll Learn From This Episode:
Tony's Background and How He Started Investing in Real EstateSteps that He Took to Get His First Real Estate Deal Why Passion is a Critical Component to Succeed in Real Estate BusinessMaking Things Easier by Creating Meaningful RelationshipsScaling Single-family Through Analytics then Shifting Focus to MultifamilySyndicating His First Deal by His Fourth Trait Systems ThinkingTony's Biggest Challenge Transitioning from First to Second Syndication DealCommunicating with Investors and Being Transparent to Them Despite Market SituationHunger for New Learnings in the Business and for More Growth OpportunitiesAchieving Your Success in Real Estate with Humility and Continuous Learning from SomebodyImportance of Your Drive to Face Each Challenges in the Business and Keep on Moving ForwardPlanning Your Goals and Taking Action to be Successful in Real Estate Investing
Tony Castronovo is the Founder and Managing Partner of Novo Multifamily Group and Novo Investments. He is a buy & hold investor and syndicator with over 6 years of real estate experience in both multifamily and single-family, including acquisition, construction, operations, and property management. Tony currently owns and operates 80 units.
Bigger Pockets: https://www.biggerpockets.com/users/Tony69
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