This episode of the Art of Passive Income podcast features a great dialogue with Patrick Grimes, who can help you enhance your quality of life by providing passive income and wealth-building investment opportunities.
Patrick is the Founder and CEO of Invest On Main Street. He has fifteen years of experience in active real estate investment: purchasing distressed assets, renovating, and stabilizing for long-term cashflow. His portfolio includes controlling ownership over 4000 units in the emerging markets across Texas and the Southeastern United States.
Episode notes:
Patrick provides expertise including:
- How he got involved in real estate
- His “buy box”
- What he means when he says “Everyone has an investment business, whether they like it or not.”
- How values properties as good deals
- Investing in recession-resilient areas
- Questions to ask to differentiate between 3-4 multifamily operators, when evaluating them
Patrick also explains the importance of taking advice from those who have failed.
TIP OF THE WEEK
Patrick
With so much going on, the One Thing by Gary Kellar has totally shifted my approach and allowed me to get some clarity and peace. Listening to the book and implementing that technique has been game changing for me and my team.
I’m happy to offer a free signed copy to the listeners to add to their journeys.
The Book Persistence Pivots and Game Changers, Turning Challenges Into Opportunities is the first time I wrote out my whole story. It talks about the ebbs and flows and the persistence required to make it.
Go to https://investonmainstreet.com/book/and enter promo code “The Art of Passive Income.” You can book a meeting with me, but you don’t have to.
Mark
Learn more about Patrick Grimes, go to Invest on Main Street.
WANT TO LISTEN MORE?
Did you like this episode? If so, listen to another AOPI podcast episode about how to protect your assets and investments.
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