Episode Details

Covid jump starts Pharmacist to pursue Real Estate, now is an LP in a 72 Unit - Tom Latuga

Season 1 Episode 10 Published 2 years, 6 months ago

Description

In this episode, Emeka interviews Tom Latuga, a pharmacist and real estate investor. Tom shares his journey into real estate, starting with long-distance investing to mitigate risk. He discusses the benefits of real estate, including flexibility and opportunities for giving back. Tom also explains his first long-distance investment and the BRRRR method he used to increase value. He emphasizes the importance of building trust in long-distance investing and provides tips for finding reliable partners. Tom shares his portfolio, including limited partnerships, and highlights the advantages of real estate over stocks. He advises aspiring investors to join local real estate groups, connect with contractors, and reach out to realtors for networking opportunities.

00:00Introduction

01:24Getting Started in Real Estate

06:09Long-Term Goals and Benefits of Real Estate

08:00Investing Long-Distance

10:15Using the BRRRR Method

13:42Building Trust in Long-Distance Investing

18:20Portfolio and Limited Partnerships

24:29Long-Term Wealth and Ownership

26:42Recommended Books and Lessons Learned

29:20Dinner with a Stoic Philosopher

29:49Contact Information

30:17Actionable Steps