Best Real Estate Investing Advice Ever

William Edwards of GDD Invests explores his dynamic journey from small-scale beginnings to managing substantial real estate portfolios. William shares the steps he took to teach himself real estate investing, how he progressed from LP to GP deals, and the role local market knowledge can play in your investment deals.

Key Takeaways:

  • Transitioning into Real Estate Investing: William shares his journey from a 24-year career in ERP and CRM software to real estate investing. He shares the importance of capital preservation and asset diversification in response to economic uncertainties like the 2008 financial crisis and COVID-19.
  • Strategies for Growth in Real Estate: William details his progression from limited partner investments to general partnerships in multifamily properties. He provides insights into the selection and management of multifamily units, with a focus on market knowledge and property type.
  • Investing for Your Goals: William talks through the stages of his investing career. The deals he pursued always reflected the goals he had at the time, and his criteria changed over time to align with those goals.

William Edwards | Real Estate Background

  • Managing Partner at GDD Invest
  • Portfolio:
    • GP of 188 multifamily units
    • LP of 5,000 multifamily units
    • One self storage fund
    • Land investments
  • Based in: Charlotte, NC
  • Say hi to him at: 
  • Best Ever Book: Tax-Free Wealth by Tom Wheelwright
  • Greatest Lesson: Walk every unit. 

 

Sponsors

BAM Capital

Direct download: william.mp3
Category:general -- posted at: 4:41am EDT