Feb 11, 2022

Bobby Sharma immigrated to the United States in 1984 and earned a degree in Computer and Information Science from the University of South Alabama. After graduating with an undergraduate degree in Computer & Information Science, Bobby found work as a software developer at first in Mobile, Alabama and then in Southern California. However, Bobby always had a desire to work in Silicon Valley, so in 1999 moved to the Bay Area and in 2000 was hired by a very successful internet online meeting company, WebEx. Since then Bobby Sharma has worked for several successful startups and large technology companies such as GE, Mitsubishi Electric, Marketo and TIBCO.

Bobby Sharma bought his first house at the age of 24 in Riverside, CA where he ‘house hacked’ the 3 bedroom, 2 bath ranch house. In 2010 Bobby Sharma started buying more actively at the courthouse steps in San Jose and Oakland and got involved in Fix & Flip projects. Since 2010, Bobby has helped grow or launch several real estate companies including Roof4All.com (helped grow it from 110 doors to 600 doors), the latest venture BetterCapital.us (a PropTech startup focused on Asset Management, Education and Transaction Facilitation for real estate investors) and BetterCapitalFund.com, a technology enabled platform that allows investors to invest in debt and equity investments using small amounts and allowing real estate investors to build a portfolio. Bobby is also a partner in VoyagerPacific.com, an asset management company with $68M assets under management.

Bobby is now focused on private money lending, helping people invest for cash flowing assets, mentoring a handful of members and focusing on syndication real estate. In April 2019, Bobby Sharma ‘retired’ from his tech job to focus on investing in real estate full time and providing high quality real estate and financial literacy focused education to the members of his real estate meet up group.

Let’s dive into his story!

[00:01 - 06:19] Opening Segment

• Bobby tells his story
• • An immigrant who got the job done
• What Bobby did for his first properties
• • House hacking was doable
• Where is Bobby headed next

[06:20 - 12:50] Bobby’s Property Tech Start-Ups

• Bootstrapping as a novice
• Where they get the data points
• What’s the idea of their start-up
• • Reducing double data entry
• The decision that prompted Bobby to do the start-up

[12:51 - 21:55] What Bobby invests on

• Multifamily and syndications
• • Provides win-win situation for everyone involved
• Becoming an experienced asset manager 
• A not so sexy asset, that has good returns 
• Learning from losses
• • Investing in good operators
  • Proceeding with caution

[21:56 - 24:03] Closing Segment 

• Final Words
• Connect with my guest, Bobby, in the links below

Tweetable Quotes

"My modest goal was: how can I reduce my cost of living?” - Bobby Sharma

"Multifamily and syndications are very good for LPs. Whether you are an LP or GP, I think it's really amazing how you can structure the deals to benefit both. It doesn’t have to be on one loose, it’s a win-win situation for everybody.” - Bobby Sharma

"People don’t really understand how much risk, time, due diligence it takes to put a deal together. What they try to do is give their investors a good return.” - Bobby Sharma

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Bobby can be found at bobby@bettercapital.us or on LinkedIn at: https://www.linkedin.com/in/bayflip/

Be a member of Bobby’s 5,000+ member real estate Meetup group!

(https://www.meetup.com/Bay-Area-Multifamily-Moguls/) and 6400+ members on Facebook (https://www.facebook.com/groups/2471420366432012/)

WANT TO LEARN MORE?

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