Business
Gwyeth Smith worked as a equities trader for multiple New York companies. After being burnt out and stressed out by the ups and downs of equities trading, he moved out to AZ with his wife and jumped in a career in making prosthetics and in 10 years have helped hundreds of amputees get back to their life! After reading Multiple Streams of Income by Robert Allen, he knew that he must diversify his income streams so he started with buying duplex in Pittsburgh, PA! In just a few years, he has amassed a multifamily portfolio of over 700 units as an owner, operator, general partner and limited partner in deals from Pittsburgh to Texas! Golden Nuggets: Always be cognizant who you are dealing with. Make sure your team and partner are on you team. Vet them heavily! Bet willing to go to far places to get the deal! Being a limited partner have him a good idea about how to operate a general partnership in a syndication well. That’s a great way to break into! Partnerships are the key to scaling when you are in a W-2. -Adequate Capital Expenditures are the key to security in a property. Always have well budgeted capital reserves. This is an immutable law for real estate investors! REAL TALK BEST TIP: Constantly look to where you can add the most value in your relationships, business and life. Could be just as simple as an introduction! Books: Go-Giver by Bob Burg. Multiple Streams of Income by Robert Allen Principles by Ray Dalio How to get in touch: CONNECT WITH US! Email: gwyeth@rustic-capital.com Follow REAL TALK: @real_talk_show Facebook: Hepler Acquisitions Email: clayton@hepleracquisitions.com