Jun 19, 2020
I had the pleasure of speaking with a director of investor relations in Ashcroftcapital.com, Travis Watts. Travis is a full-time passive investor and has been investing in real estate since 2009. He dedicates his time to share passive investment strategies to help people like you in order to achieve and maintain wealth in real estate
Let’s jump into Travis’s story of what is passive investing, learn to syndicate, and the guiding principles into real estate investing. Start saving and invest now!
Things you will learn in this episode:
[00:01 - 06:25] Opening Segment
- I talked briefly about valuable information that you can take advantage of in this episode
- I introduce the guest, Travis Watts to the show
- Travis talks about how he got into a real estate
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- the concept of passive income
[06:26 - 11:38] Passive Investing
- Travis talks about how he learned about passive investing through a couple of mentors that he had met through some real estate groups.
- Travis shares an interesting story about how he became a full-time passive investor where cash flow ended up becoming his income.
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- How he got into Ashcroft Capital
- What is Investor Relations?
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- Travis talks about investors on passive investing and how syndications work
- Travis talks about how challenging to educate potential investors who have never owned a rental property before.
[11:39 - 19:01] Learn How to Syndicate
- Travis talks about syndication and how he addresses some of the concerns
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- Why would I do syndication?
- Is it worth your time?
- Real Estate Investment Trusts (REIT)
- Travis gives valuable advice about how to avoid mistakes to new investors like you if you get into syndications
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- Not vetting the operator or sponsor, a big NO.
- Learn to vet on No 1, the People. 2 the Market. 3 the Deal
- Travis gives meaningful advice about what are the questions that he looks for when vetting an operator
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- Leveraging other people
[19:02 - 28:27] The Best Passive Investing Strategy
- Travis gives a valuable action that he suggests about the tactic strategy into passive investing
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- Finding a good mentor
- Travis tells a fascinating story about the way he reaches and builds connections with his mentor
- If you are interested in learning more about what Ashcroft Capital
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- You can visit ashcroftcapital.com/connectwithtravis or see below for the link.
- It’s a 15-30 on one phone call or zoom call whatever you prefer
[28:28 - 34:00] Guiding Principle into Real Estate Investing
- Travis shares insight into the guiding principles to someone like you who are either looking passive or active investing
- Travis talks about how long it takes and what his focus to getting into investing real estate that you don’t want to miss!
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- 1) Make as much money as you can make using your highest and best resource.
- 2) Live on as little as possible temporarily
- 3) Invest the difference between what you earn and what you live in
- 4) Avoiding bad debt
- Final words from me
Tweetable Quotes:
“Time freedom is my passion, It's the ability to do what you want when you want as much as you want with your time” -Travis Watts
“One good connection can lead to so many other ones” -Shane Melanson
“Make as much money as you can make using your highest and best resource” -Travis Watts
“Live on as little as possible temporarily” -Travis Watts
“Invest the difference between what you earn and what you live in” -Travis Watts
Resources mentioned in the episode:
- Ashcroft Capital, LLC
- Rich Dad, Poor Dad by Robert Kiyosaki (Amazon)
- Joe Fearless
- Schedule a Call with Travis
- Shanemelanson.com
You can connect with Travis on Linkedin, or visit their website https://ashcroftcapital.com/ or Schedule a Call with Travis
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