#93 - Building Real Security Beyond the Stock Market with Patrick Grimes

Send us Fan MailAre your 401K, IRA, and company stock really enough to secure your future? In this episode, Steven Arita talks to Patrick Grimes, a former robotics engineer turned full-time investor, who shares how he went from losing it all in real estate to building real wealth through smart, alternative investments. He talks about the shift from single-family homes to larger apartment deals, and why he now focuses on recession-resistant investments like litigation finance and energy. Patrick explains how “non-correlated” assets work, why they matter, and how tech professionals like you can start building a more stable, diverse investment portfolio. He also shares free tools, a book, and live events to help you get started.Patrick Grimes, founder and CEO of Passive Investing Mastery, an internationally bestselling author, and a Forbes Council contributor, is a serial entrepreneur specializing in alternative investments.His portfolio is diversified across energy, litigation finance, commercial lending and acquisitions, including retail, industrial, and thousands of apartment units. He has developed a range of diversified passive investments focused on growth and cash flow, including the Diversified Litigation Portfolio, Acquisitions Fund, and Income Fund, all designed to thrive during economic downturns.Formerly a robotics and automation engineer, Patrick holds a BS and MS in Engineering and an MBA. Based in Honolulu, Hawaii, he is dedicated to educating investors on achieving financial independence through mastery in passive alternative investing.Connect with Patrick:Website: https://passiveinvestingmastery.com/Grab a copy: https://passiveinvestingmastery.com/lessons/Episode highlights:(0:00) Intro(1:21) Patrick’s tech background and intro to investing(3:40) His early investments(5:11) Houston real estate success and remote investing(9:56) Transition from single-family to multifamily(12:35) Diversification into energy, legal, and other non-correlated assets(19:27) Intro to litigation finance investing(25:41) How litigation finance funds work(33:10) Risk vs. return in legal investing(39:20) Where to learn more and access free resources(45:08) Partnering for long-term investing success(50:04) Book and final advice to investors(52:59) Outro—Share this with your tech friends who you think would benefit from learning about passive income and alternative real estate investments. 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: [email protected]:  https://www.linkedin.com/in/aritasteven/IG:  https://www.instagram.com/the.real.arita