May 16, 2022
In today’s show, Pancham interviews Eric Neely - a trucker, real estate professional, and executive partner at Febros Capital.
While pursuing his W2 job as a trucker, he has been listening to real estate audiobooks and podcasts to get educated in the investing world. Now working on his retirement portfolio, he has invested in multifamily real estate as a limited partner and a general partner, formed joint venture partnerships, and is constantly increasing his investments!
Learn from his experiences in this episode as he highlights the power of education and research, why he chose to focus on passive and multifamily investments, and how he’s on the road to financial freedom!
Listen and enjoy the show!
Quote:
“I knew that if I was going to make a career change and a big transition that it wasn't going to be through building single families, it was going to be in the multifamily realm.”
Timestamped Shownotes:
- 0:42 - Pancham introduces Eric to the show
- 2:12 - How the idea of retirement income got him into investing
- 8:31 - Starting as a limited partner to get in the investing game
- 10:04 - On scaling up and focusing on passive investments
- 17:02 - His first syndication that paved the way for his later success
- 19:48 - On achieving his uncomfortable goals and making them happen
- 22:06 - Taking the Leap Round
- 22:06 - His accidental flip as his first investment outside of Wall Street
- 22:53 - On having no fears and simply diving into investing
- 23:40 - Why his first syndication did not go as expected
- 24:04 - Why rookie investors should prioritize research and education
- 25:21 - How you can connect with Eric
3 Key Points:
- Real estate investing must not be rushed. Prioritize educating yourself and learning the best investing strategy for you before venturing and taking the leap.
- Research the kind of market that you’re going to invest in. As you’re going to put your money at risk, you should know what's being done with it.
- If you're looking for a way to create passive income in retirement, passive real estate investing could be a viable option.
Get in Touch:
- Febros Capital Website - https://www.febroscapital.com/
- Eric Neely LinkedIn - https://www.linkedin.com/in/eric-neely/
- Eric Neely Contact Details - (316) 640-8163
- The Wealthy Trucker Podcast - https://www.febroscapital.com/thewealthytrucker
- Download the FREE e-book “Top 6 Reasons To Invest Outside of Wall Street” at https://thegoldcollarinvestor.com/download/
- The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/
- Pancham Gupta Email - p@thegoldcollarinvestor.com