JF3225: Building a $650 Million Multifamily Portfolio After Losing it All in 2008 ft. Patrick Grimes

Patrick Grims is the CEO of Invest on Main Street, which allows investors to passively invest in syndications for alternative assets. In this episode, Patrick shares his whirlwind journey from high-tech engineer to real estate investor, which includes losing everything in the 2008 housing crisis. He also shares the importance of learning to trust others and educating investors on the history of market cycles.

 

Patrick Grimes | Real Estate Background

• CEO of Invest on Main Street
• Portfolio: 
  • $647 million - 4,923 multifamily units in 26 communities across 7 states
  • 138 natural gas and oil wells
• Based in: Los Angeles, CA
• Say hi to him at: 
  • Investonmainstreet.com
  • passiveinvestingmastery.com
  • LinkedIn
• Best Ever Book: A CEO Only Does Three Things by Trey Taylor
• Greatest Lesson: Don’t fear the market cycles, learn how to ride the waves and invest in the downturn.

 

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