Why Eddie Chose Funds Over Syndications 🤔 | Ep 35 Path of Progress with Eddie Austin #realestate

From Welding Sparks to Real Estate Strategy: Eddie Austin’s Unfiltered Journey 🔥In this episode of Path of Progress, Alex Kononov sits down with Eddie Austin, a former welder turned real estate fund manager, entrepreneur, and operator.Eddie didn’t follow the traditional path. Instead of starting with syndications, he launched a real estate fund from day one—modeling his strategy after institutions like Blackstone. Eddie breaks down the power of saying no, building a narrative investors actually believe in, and how to partner with best-in-class operators even without prior multifamily experience.Whether you’re just getting started or looking to scale smart, this episode is full of raw, tactical insights and mindset shifts to help you make bold moves in real estate.📌 Key Takeaways:✅ Why Eddie started with a fund—not syndications—and how he made it work✅ How he built credibility with no multifamily track record✅ The difference between chasing “doors” vs. building real equity✅ What to include in your fund's PPM & investor pitch deck✅ Lessons from giving back millions in investor capital pre-COVID✅ Why building a business matters more than owning real estate✅ How to raise capital before finding the deal✅ The secret to choosing the right advisors and partnerships✅ Why real estate is just the foundation—and the business on top is key✅ His plan to acquire service-based businesses tied to real estate📚 Book Recommendation:– Outwitting the Devil by Napoleon Hill🌐 Connect with Eddie Austin:📸 Instagram → https://www.instagram.com/eddieaustinbex/🌍 Website → https://eddieaustinbex.com/🌍 LinkedIn → https://www.linkedin.com/in/eddie-austin-bex-9358821b5/🌍 Facebook →https://www.facebook.com/eddieaustinbex🎧 Listen & Watch the Full Episode:📺 YouTube → https://youtu.be/8r_zvvsmvms🎧 Spotify 🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599🙌 Stay Connected:👍 Like, Follow & turn on notifications 🔔 so you never miss an episode of Path of Progress!📲 Follow us:Instagram → https://www.instagram.com/pathofpro/Facebook → https://www.facebook.com/pathofpro/LinkedIn → https://www.linkedin.com/in/pathofpro/TikTok → @pathofpro#PathOfProgressPodcast #EddieAustin #AlexKononov #RealEstateInvesting #MultifamilyFund #CapitalRaising #RealEstateMindset #RealEquity #PrivateEquity #FundManager #RealEstateStrategy #BusinessOverDoors #WeldingToWealth #RealEstatePodcast