EPISODE · May 17, 2024 · 21 MIN
SA959 | A Deal Operation and Passive Investing Success From Scratch with David Lilley
from How Did They Do It? Real Estate · host Seyla and Aileen Prak
Deep dive into our conversation today as David Lilley tells his story of starting real estate investing with no experience and succeeding in the residential and self-storage space. David also shares his strategies while investing out of his backyard and the value of mentorship, property management, and business automation. Don’t miss out on learning more and support us in bringing more amazing people to this show!Key Points & Relevant TopicsHow David learned more about real estate investing while working overseasDavid on building his team out of stateThe importance of having a mentor in overcoming challengesChallenges David had to face in raising money for the first timePivoting from residential to self-storage investing and how David increased its occupancy rateThe convenience of hiring a property manager and utilizing automation for a self-storage facilityNetworking and partnering with the right people in the businessResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout David LilleyDavid began real estate investing in 2013 with the purchase of his first Single Family Rental. Drawn to the economies of scale inherent to Multifamily, he purchased a 6-unit MF property in 2018. David has since sponsored the purchase of 1073 MF units valued at over $130m. Starting from scratch, David has direct experience with every facet of real estate acquisitions, redevelopment, and property management. Prior to his career in real estate, David served as an Infantryman in the United States Marine Corps with one combat deployment to Afghanistan. He worked as a Firefighter/Paramedic and was specially trained in multiple technical rescue disciplines. He later worked under the Department of State providing Close Protection to DoS officials including the Secretary of Defense. He deployed multiple times to Baghdad, Iraq. Finally, David deployed multiple times to the southern Philippines in direct support of SOCOM as a Search and Rescue Paramedic. Get in Touch with DavidWebsite: https://reapcap.com/ LinkedIn: Reap CapitalFacebook: Reap CapitalInstagram: @reapcapitalTikTok: @reapcapitalTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
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Deep dive into our conversation today as David Lilley tells his story of starting real estate investing with no experience and succeeding in the residential and self-storage space. David also shares his strategies while investing out of his backyard and the value of mentorship, property management, and business automation. Don’t miss out on learning more and support us in bringing more amazing people to this show! Key Points & Relevant Topics How David learned more about real estat...
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SA959 | A Deal Operation and Passive Investing Success From Scratch with David Lilley
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