Patrick's Background:

• Patrick 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 2729 units in the emerging markets across Texas and the South Eastern United States.
• In addition to his real estate experience, Patrick holds a Bachelor of Science in Mechanical Engineering from University of the Pacific, and a Master of Business Administration and a Master of Science in Engineering from San Jose State University. He has spent 15 years in corporate America working for machine design firms to concept, design, and build one-of-a-kind custom manufacturing automation and robotic systems. In addition to working closely with the technical engineering teams, he travels globally working to negotiate contracts and secure multi-million dollar investment for automation programs. He has been able to leverage his corporate experience and real estate knowledge to help pave the way for future success.

In this episode we cover:

• 02:19 Patrick's Background
• 09:28 1031's and TIC (tenant in common) structures
• 16:58 Older legal structures and syndications
• 22:32 Closing timelines with a 1031
• 30:05 Making sure you have the right terms (on the buy or sale)
• 33:21 5 Key Questions

Connect with Patrick:

• Website
• [email protected]

Connect with Dave:

• Schedule a call
• Website
• E-mail

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• drum.io/dave

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*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.