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Passive Real Estate Investing with Mavericks


May 27, 2022

The Great Recession was a worldwide economic downturn in 2008 that caused devastating effects on real estate and every business in general. That’s why we’re joined today by Tim Herriage, sharing his story of resilience in the 2008 recession and how he prospers in the real estate industry up to this day. Stay tuned to learn how you can do the same in the current market situation, and learn about investment transactions, acquisitions, and more! 

Key Takeaways from this episode

  • How to prepare and strengthen your business in a possible economic recession
  • Predictions on interest rates' trajectory in the next few years
  • How to deal with the current and future state of the inflation rate
  • The importance of adapting the current generation’s culture
  • Refinancing cycle: Improvisation vs. desire
  • What holds investors back from hitting the next level in their business

References/Links Mentioned

Failing Forward by John C. Maxwell | Hardcover and Paperback

 

About Tim Herriage

Tim Herriage is a professional real estate investor and entrepreneur. For two decades, Tim has been on the leading edge of the Real Estate Investor (REI) space. This includes being the Founder of 2020 REI Group, Founder and Managing Director of Blackstone’s B2R Finance, Founder of the REI Expo, and a Franchisee and Development Agent for HomeVestors® of America. Tim has completed well over $1 Billion in real estate investment transactions, including the acquisition of more than 2,000 houses in his twenty-year career. 

Tim currently purchases and repositions approximately 50 homes per year in the Dallas, San Antonio, and Denver markets through his various real estate companies. Tim is currently an Executive Director for RCN Capital. Tim built and sold six companies by the age of 40 and enjoys empowering entrepreneurs and investors by sharing raw truths about the mistakes he has made.

Connect with Tim

 

Neil J. Timmins is on a mission to make a deep personal impact in the lives of his team members and business partners through his work as a real estate investor and mentor.

He started as a traditional real estate agent where his team was recognized by the Wall Street Journal as a Top 100 team. Eventually, he made the transition from Realtor to full time investor. 

Over the course of his career, Neil has been involved in over $300,000,000 in real estate transactions. Neil’s portfolio depth includes assets ranging from houses to industrial properties. Recently, Neil and his team launched the Legacy Impact Partner Program where they partner with fix and flip investors from around the country. Neil’s team brings capital to fund and fix rehabs, operational expertise, and years of experience catapulting their partner’s business to new heights. Want to partner? You can learn more and book a call with Neil at www.LegacyImpactPartners.com.

Connect with Neil