"The asset that you buy and the revenue that's created, you're not going to get it anywhere else. You can chase traveling nurses, you can chase insurance providers in the mid term space, but that comes and goes." -Quentin Wendt
Today I am interviewing Quentin Wendt who is the General Manager at Pad Split, a technology platform and marketplace dedicated to providing affordable housing solutions for working people in working class neighborhoods. Quentin spent 22 years in management consulting for the food service industry and has only recently invested in his first property. However, with his extensive background in operations and management he joined the Pad Split team in 2022.
TOPICS COVERED IN THE EPISODE
Quentin's introduction into real estate
People in real estate share
His time running a distribution and logistics business for Boars Head
When he joined Pad Split
What is Pad Split and how does it work
Multi family returns on single family acquisitions
How are bedrooms in a Pad Split created
Lead with the underwriting
How do investors get involved
Who is the target tenant
Forced appreciation in different markets
Does the demand for affordable housing still exist
Don't lead with profit
How do you build an asset portfolio using BRRR
What is the hardest barrier of entry for investors
Can both tenant and investor win
Listen now and find out how Quentin found his Real Estate Breakthrough!
The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every other week and learn everything you need to know to invest in real estate on Youtube, iTunes, Spotify, and more. You can watch Quentin's interview on Youtube here.
Find out more about Quentin here:
Website PadSplit.com
