Grab a pen and paper. Open your notes app. If you’re a millennial who’s still new in the business or who’s trying to go passive, this episode is for you. David Toupin, The Real Estate Jedi and a top millennial investor, will drop a ton of golden nuggets in real estate that you don’t want to miss. You will learn how a college student bought his first property and how he in his mid-20’s helped develop more than $100 million in multifamily. He co-founded Obsidian Capital Co, an Austin-based real estate investment firm, and raised over $30 million in investor capital. David also serves as Chief Executive Officer of Real Estate Lab, a community and software platform for multifamily investors.

Let’s listen to David and learn how millennials can break into real estate!

[00:01 - 07:30 ] Opening Segment

• Let’s get to know David Toupin
  • His path to real estate 
• The most underrated part of the business

[07:31 - 18:37 ] Trust and Timing 

• You make money in real estate when you buy, not sell
  • David explains 
• The 2 T’s to raise capital from investors according to David
• Numbers to look for in underwriting deals

[18:38 - 28:13 ] Deals with Stories

• Don’t miss David’s tips for passive investors!
• David talks about the best deal he’s closed so far

[28:14 - 37:52 ] Broker Relationships 

• Listen to David’s approach to building broker relationships
• The secret to Start successfully in real estate

[37:53 - 43:20 ] Closing Segment

• Connect with David - links below 
• Trust people and don’t over-analyze
  • David explains
• Final words from David and me

Tweetable Quotes:

“In real estate, you make money when you buy, not when you sell.” -  David Toupin

“I think the best deals also have a story.” -  David Toupin

Resources Mentioned:

• Cutco
• Real Estate Lab 

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Connect with David on LinkedIn, Facebook, YouTube, and Instagram. Visit Obsidian Capital and their LinkedIn page to learn more. 

Guest email: David@obsidiancapitalco.com

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