97. Deal deep-dive: Unleash your Next-Level Income through Syndication with Chris Larsen

ABOUT CHRIS LARSEN Christopher Larsen is the founder and Principal of Next-Level Income. Since “retiring” after 18 years in the medical device industry he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single-family rental at age 21.  Chris expanded into development, private lending, buying distressed debt as well as commercial office, and ultimately syndicating commercial properties. He began syndicating deals in 2016 and has been actively involved in over $1B of real estate acquisitions. In addition to real estate, Chris owns multiple car wash locations across the Southeast. Chris lives with his wife and two boys in Asheville, NC where he loves spending time with them in the outdoors and enjoying the food and culture that the region has to offer.       THIS TOPIC IN A NUTSHELL:                Chris’s career background and journey in real estate Transition from the medical device industry to investing Having an Investor Mindset About his book: Next Level Income His “Why” for Investing Other Investment vehicles that he tried Getting into Syndication and buying his first property House hacking and lessons learned on the first deal How to increase the value of the property  Investing in Syndication as a limited partner Leveraging HELOC and refinance Evaluating your exit strategy Analysis Paralysis and his philosophy with other investments Getting into the different asset classes of Syndication  Understanding the operation side of the business  Underwriting and Partnership  Hiring the right people on your team Carwash Syndication model Processes of the Carwash Syndication and How it Differs from the other asset class Returns and variables of the Carwash Syndication business Investor waterfall and holding period for this model Connect with Chris Larsen     KEY QUOTE:  “Don’t let the analysis turn into paralysis. You don't have to have the perfect strategy and by the way, whatever you're doing today with your real estate strategy, probably it's gonna be a little different from 10, 15, 20 years from now.”     SUMMARY OF BUSINESS: At Next-Level Income, we help investors achieve financial independence through education and investment opportunities. We work with those just starting out and needing to find ways to make more money in addition to busy professionals in the prime earning time of their careers that need guidance with tax issues, insurance, and strategic planning to keep their hard-earned money.    Once you are safeguarded and in a good place financially, we will assist you in evaluating the right investment strategies that work for you to develop passive income streams. At Next-Level, we offer education in the form of courses, blogs, a book/audiobook, and a weekly podcast designed to educate and inform professionals and entrepreneurs on how to make money, grow their money, and keep their money.       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 #NextLevelIncome #househack #realestate #multifamily #SingleFamilyHomes #Refinance #CashFlow #Analysis #Paralysis #Investments #TrackRecord #Buying #Selling #SelfStorage #Carwash #PassiveSyndication #WinningStrategy #CommercialAssets #CarwashSyndication #Underwriting #CapEx #InternalRateOfReturn #DealDeepDive #PassiveWealth #newepisode #podcasting #JointheWINpod #WestsideInvestorsNetwork         CONNECT WITH CHRIS LARSEN:   Website: https://nextlevelincome.com LinkedIn: https://www.linkedin.com/in/nextlevelincome Instagram: https://www.instagram.com/thenextlevelincomeshow Facebook: https://www.facebook.com/nextlevelincomeshow YouTube: https://www.youtube.com/channel/UC7ryurcdx6zl1wqpb0la2JA Check out his podcast: https://nextlevelincome.com/podcast       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...