Join Oscar and German Buendia with Darin Batchelder. Darin is a business owner who joined the real estate space two years ago, but has already gotten much further than other new investors! Here’s a breakdown of what to expect in this episode:
🎧 HOW DID HE START IN REAL ESTATE?
🎧 THE VALUE OF GETTING PLUGGED INTO THE NETWORK AND LEARNING FROM PEOPLE WHO’VE DONE IT ALL BEFORE YOU
🎧 HIS REASON FOR GOING FOR MULTIFAMILY: TAX ADVANTAGES, WEALTH BUILDING, AND NOT WANTING TO RETIRE
🎧 THE JOY OF ATTRACTING OTHERS INTO THE SPACE, GIVING BACK, AND FULFILLING OTHER PEOPLE’S DREAMS
🎧 WHY DID HE COME LATE INTO REAL ESTATE TWO YEARS AGO? THE BENEFITS OF STARTING EARLY AND LATE.
🎧 IMPLEMENTING HIS LEARNINGS FROM HIS MENTOR TO BEING A PRINCIPAL
🎧 THE IMPORTANCE OF PARTNERING WITH PEOPLE THAT HAVE EXPERIENCE AND INVOLVING YOURSELF IN A MENTORSHIP GROUP
🎧 WHAT IS HE SEEING NOW WITH COVID? IS HE BUYING, OR WAITING?
🎧 WHAT CONCERNS DO HIS INVESTORS HAVE NOW? WHAT KIND OF ASSET CLASS IS HE LOOKING INTO?
🎧 THE BENEFIT THAT TRANSITIONING TO REAL ESTATE HAS HAD ON THE LIFESTYLE THAT HE WANTS TO LIVE
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About Darin Batchelder:
Real Estate Experience:
Principal owner, asset manager and lead sponsor on 76-unit townhome community in Crowley, TX. Minority General Partnership interest and key principal in 256-unit multifamily community in Dallas, TX. Key principal on FNMA non-recourse loan on 154-unit apartment community. Limited partner in 14 properties with 3,944 multifamily units. Personal mentoring student of Brad Sumrok.
Principal Owner, Asset Manager and Lead Sponsor
· Hampton Hollow – Crowley, TX - 76 units
o Freddie Small Balance Loan Program – 4.3MM Loan
o Equity raise - $2.5MM+
Minority General Partnership Interest & Key Principal
· Bella Vida – Dallas TX – 256 Units - Fannie Mae - $13MM loan
Key Principal
Oasis Springs – Hurst TX – 154 Units - Fannie Mae - $8MM loan
Business Experience
Has been in the whole loan trading business for the past 16 years. Responsible for trading in excess of $4 billion in loan sales. Business owner of TZK Capital since 2007. TZK Capital is focused on trading high credit quality performing real estate loan portfolios between banks to include residential, multifamily and commercial real estate loans. Prior to forming TZK Capital, Darin was with ABN AMRO’s Mortgage Capital Markets group and was responsible for trading ABN AMRO’s jumbo residential, CRA conforming residential and multifamily loans direct to other third-party banks. Worked with Computer Associates and eCredit.com in a sales capacity. Achieved CPA status with PriceWaterhouse and worked within PepsiCo’s domestic and international audit divisions. B.S Accounting, University of Rhode Island.
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You can find Darin Batchelder on...
Instagram: https://www.instagram.com/batchelderdarin/
Facebook: https://www.facebook.com/batchelderdarin/
LinkedIn: https://www.linkedin.com/in/darin-batchelder-8855b620/
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Connect with Oscar and German!
Email: info@GoodDayCapital.com
https://linktr.ee/REIBrothers
Website: GoodDayCapital.com
Instagram: @REI_Brothers
Facebook: @RealEstateInvestingBrothers
YouTube: https://www.youtube.com/channel/UCHQxZM5HVM3LqNgk7jLTCbw
LinkedIn Personal: https://www.linkedin.com/in/oscarbuendia
Linkedin Personal: https://www.linkedin.com/in/germanbuendia
LinkedIn GoodDay Capital: https://www.linkedin.com/company/goodday-capital
