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In this episode of the Path to Passive podcast, Steven Arita sits down with Wayne Courreges III, the managing principal of CREI Partners. Wayne talks about his journey, from his time in the Marine Corps to working at CBRE, and how he eventually made the leap into real estate investing. He explains the differences between single-family and multifamily properties and why taking care of your investments is key to long-term success.

The discussion also dives into leadership and teamwork in real estate. Wayne shares the values that guide his company—R.I.D.G.E. (Respect, Integrity, Dependability, Grit, and Execution)—and how those principles shape the way they make decisions and run the business. He and Steven also talk about the ups and downs of investing, the role of mentorship and learning, and why having a strong business plan is essential. They also touch on the importance of building trust with investors and keeping communication open and honest.

Wayne goes beyond business and shares lessons he’s learned as a father and a leader. His time in the Marine Corps has shaped how he leads and works with others, and he brings those lessons into his real estate career. This episode is full of practical advice on managing assets, working with investors, and finding your passion on the path to entrepreneurship.

Connect with Wayne:
Wayne@CREIPartners.com

Learn more about passive investing: http://CREIPartners.com/ebook


Episode highlights:
(0:00) Intro
(1:06) Who is Wayne Courreges III?
(3:03) Transitioning from the Marine Corps to real estate investing
(8:04) Challenges with single-family investing
(18:56) Asset management vs. property management
(27:36) The role of asset management in multifamily investments
(35:11) The importance of partnerships in real estate
(48:43) Core values and company culture
(58:12) The role of investor relations
(1:03:02) Lessons learned and sacrifices made in real estate
(1:07:12) Where to connect with Wayne
(1:08:01) Outro

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For more resources and guides, check these out:

Crack the Code https://www.aritacapital.com/crack-the-code/

Investor 101 https://www.aritacapital.com/investor-101-resource/

Due Diligence Resource https://www.aritacapital.com/dd-checklist-resource/

If you want to learn more, reach out at:

Email: steven@aritacapital.com

LinkedIn:  https://www.linkedin.com/in/aritasteven/

IG:  https://www.instagram.com/the.real.arita