Reed Goossens is a real estate entrepreneur, investor, author, public speaker, and author. His professional background is in civil/structural engineering, and after nine years in the field, he took the plunge full time into real estate investing and development. Reed moved to the US in 2011, and within the first year, he had purchased his first duplex for $38,000. He subsequently started RSN Property Group, a multifamily syndication investing firm involved in the acquisition of over $60 mill worth of real estate to date. Reed also launched the podcast Investing in the US – An Aussie’s guide to US real estate in early 2016, where he interviews the cream of the crop within the real estate industry to better educate other investors who want to break into the US Market.

Reed joins Jilliene on the show to share the details of his portfolio, his investment thesis, and the assets he’s currently investing in. He gives listeners insights into the mindset required to overcome your fears, the importance of taking action, and the habits that he practices to keep him on track to achieve his goals. Reed also shares what he is doing in his underwriting to mitigate climate change issues in his assets, particularly in the light of the unanticipated weather in his major area of interest.

"You don't get to deal number 10 without doing deal number one." - Reed Goossens

“Investment strategy has to be value-added — I have to be able to come in and add value to the asset, it's not coming in and putting it on pause and letting it coast, and hopefully, inflation and market growth happens, I want to be forcing that that appreciation.” - Reed Goossens

This week on The Reality Mogul Podcast:

• How Reed made the giant leap into purchasing his first property in Syracuse, NY, and the lessons he learned from that purchase
• How he found networking opportunities in the USA and the moment he realized he could scale his property business
• Key lessons that Reed has learned as part of his growth journey
• Why his investments are concentrated in Austin and San Antonio in Texas and whether he saw a lot of problems with your assets during the major freeze earlier in 2021
• Reed’s value-added strategy of not buying fully stabilized deals
• Which markets other than Texas are attractive to Reed right now
• Reed’s thoughts on where interest rates are going to go and how he is mitigating his risks
• What Reed thinks about the impact of and inflation as the result of COVID relief bills and other stimuli and how it will impact his portfolio and thesis moving forward
• What the next five to 10 years hold for the RSN Property Group

Connect with Reed Goossens:

• Reed Goossens Website
• Reed Goossens on Instagram
• Reed Goossens on Facebook
• Reed Goossens on Twitter

Connect with Realty Mogul:

• Realty Mogul Website
• Realty Mogul on Instagram
• Realty Mogul on Facebook
• Realty Mogul on Twitter