E108 - Active Self-Education for Passive Investing with Travis Watts

Travis Watts is a full-time passive investor. He has been investing in real estate since 2009 in multi-family, single-family and vacation rentals. Travis is also the Director of Investor Relations at Ashcroft Capital. He dedicates his time to educating others who are looking to be more "hand's off" in real estate. In this episode, Tyler and Travis’ discussion focused on investing in self-education to cut the learning curve of passive investing. They discussed balancing education and action, the various ways Travis performs due diligence as a passive investor, books, the need of a syndication version of Yelp, embracing an active role in passive investing, and learning more and knowing less. Other passive investing topics included why people should be interested in passive investing, time freedom created by passive income, pros and cons of active and passive investing, Travis’ investing advice to his younger self and more. Whether you’re new to passive investing or just looking to grow your portfolio, you’ll benefit from the insight in this episode! Connect with Travis: Website: http://www.ashcroftcapital.com/connectwithtravis Instagram: instagram.com/passiveinvestortips LinkedIn: https://www.linkedin.com/in/traviswatts1234 Facebook: http://www.facebook.com/passiveinvestortips The following books were mentioned in the show: The Hands-off Investor, by Brian Burke Awaken the Giant Within, by Tony Robbins Rich Dad Prophecy, by Robert Kiyosaki Managing Oneself, by Peter Drucker Apply for coaching with Tyler! The world's top performers in any field have a coach to help them achieve drastically greater results and in less time. The most successful real estate investors are no different. To apply for a results coaching session with Tyler, visit coachwithtyler.com. This episode of Elevate is brought to you by CF Capital LLC, a national real estate investment firm that focuses on acquiring and operating multifamily assets that provide stable cash flow, capital appreciation, and a margin of safety. CF Capital leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns while placing a premium on preserving capital. Learn more at cfcapllc.com.