JF3334: Mike Taddy - Transitioning to Real Estate Investing from a 20-Year Military Career

This episode is brought to you by Presario Ventures, a private equity real estate firm based in the booming Austin, Texas, market. To learn how to invest in the future of Texas with Presario Ventures, visit info.presarioventures.com/bestever.

Dive deep into the nuances of property management, tenant retention, and how AI can shape the future of real estate podcasting. In this enlightening episode, Mike Taddy, a seasoned real estate professional, shares his extensive experience, valuable lessons, and the role of relationship-building in this ever-evolving sector.

Key Takeaways:

• Lean Into Your Competitive Advantage: Relationship-building is essential, not just with tenants but also with lenders and other stakeholders. Leveraging this strength can lead to significant growth and progress.
• Open Communication is Paramount: From pre-screening to lease signing, open and transparent communication with tenants sorts potential problems and builds a foundation of trust.
• Believe in Yourself: Mike's poignant advice emphasizes the importance of self-belief. When in doubt, especially in the challenging realm of real estate, betting on yourself can make all the difference.

 

Mike Taddy | Real Estate Background

• Co-Owner, Midwest Multifamily Investments LLC
• Portfolio
  • 67 units - mostly small multifamily properties ranging from duplexes to 5-unit buildings
• Based in: Green Bay, WI
• Say hi to him at: 
  • LinkedIn
• Best Ever Book: Rocket Fuel by Gino Wickman
• Greatest Lesson: Don't swing the hammer! Can't be a contractor and professional at same time - something has to give.

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