131. Empowering Minds and Building Portfolios through Real Estate with Drew Whitson

ABOUT DREW WHITSON Drew began his real estate career working for a boutique investment banking firm in St. Paul, MN which specialized in the syndication of public and private limited partnership real estate funds focusing on net-leased single-tenant properties. Drew began investing in real estate by purchasing single-family homes in his hometown of St. Paul MN and later expanded to apartment syndication. Drew has expanded his portfolio to over 4,400 units by acquiring multi-family properties in Minnesota, Tennessee, Kentucky, and Ohio markets. Drew has over $400M in his real estate portfolio. In addition to being a full-time real estate investor and syndicator, he is a Professor of Finance at Bethel University in St. Paul. He lives with his wife and four children in Mahtomedi, Minnesota.           THIS TOPIC IN A NUTSHELL:  Drew’s journey in real estate investing Advantage as a buyer  From Real Estate Investor to Educator Educating students about real estate and financial freedom Partnership and Syndication Knowing the local market Landlord-Tenant laws  Ways to make money in real estate About the 224-unit Deal  Acquisition process and due diligence Raising capital Partnership with Property Managers Core Investment strategy Finding that Value-Add component  Returns and capital expenditures Mortgage and financing aspects of the deal Deal structure What type of assets are they looking for?  Connect with Drew      KEY QUOTE:  “Rent control is like cancer, it sort of spreads slowly so we know that's something that we have to consider as we assess the risks of the local investments.” “It's better to start with the right partner up front, so when you hit the ground you already know a lot of your questions are answered and they're gonna be your partner in the long run for this asset.”         ABOUT THE WESTSIDE INVESTORS NETWORK     The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.       The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.             #RealEstateInvesting #Syndication #Educator #Underwriting #PropertyManagement #LocalMarket #Assets #PropertyManagers #RealEstateInvestor #MultiFamily #Minneapolis #RentControl #Landlord #Tenant #Acquisition #DueDiligence #DealStructure #InvestmentOpportunities #ReturnOfCapital #PassiveInvestments #InvestmentOpportunity #CashFlow #PassiveWealth #FinancialFreedom #NewEpisode #podcasting #JointheWINpod #WestsideInvestorsNetwork           CONNECT WITH DREW WHITSON: Email: drew@enduruscapital.com Website: https://www.enduruscapital.com  LinkedIn: https://www.linkedin.com/in/drew-whitson  Facebook: https://www.facebook.com/enduruscapital             CONNECT WITH US     For more information about investing with AJ and Chris:   ·    Uptown Syndication | https://www.uptownsyndication.com/   ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/         For information on Portland Property Management:   ·    Uptown Properties | http://www.uptownpm.com   ·    Youtube | @UptownProperties         Westside Investors Network   ·    Website | https://www.westsideinvestorsnetwork.com/   ·    Twitter | https://twitter.com/WIN_pdx   ·    Instagram | @westsideinvestorsnetwork   ·    LinkedIn | https://www.linkedin.com/groups/13949165/   ·    Facebook | @WestsideInvestorsNetwork   ·    Tiktok| @WestsideInvestorsNetwork   ·    Youtube | @WestsideInvestorsNetwork