Erin Hudson, a real estate investor and co-founder of Quattro Capital. She shares her unique journey from being a doctor of chiropractic to becoming a successful multifamily real estate investor. She discusses the pitfalls she encountered along the way and how she overcame them. Also highlights the importance of building a strong team and the value of investing in multifamily properties. She shares her experience of raising funds for philanthropic causes and how it led to the formation of Quattro Capital. The conversation concludes with a discussion on the benefits of investing in real estate through a Roth IRA.
In this conversation, She shares valuable insights and tips for real estate investors and entrepreneurs. She discusses the benefits of using whole life insurance as a wealth-building tool and explains how to leverage it to create a family bank. Erin also shares strategies for reducing taxes by employing income shifting and hiring children for your business. She highlights the importance of using AI in marketing and social media to stay top of mind with potential clients.
Additionally, She talks about her experience in multifamily property financing and the challenges she faced with banks. She shares how she overcame these challenges by creating a debt fund and partnering with investors. Lastly, Erin discusses her venture into tiny house investing and the opportunities it presents for solving the affordable housing issue.
Takeaways
• Building a strong team is crucial for success in real estate investing.
• Overcoming challenges and setbacks is a necessary part of the journey.
• Investing in multifamily properties offers advantages over single-family properties.
• Philanthropy can lead to unexpected opportunities and connections.
• Investing in real estate through a Roth IRA can provide tax advantages. Consider using whole life insurance as a wealth-building tool and create a family bank to leverage its benefits.
• Reduce taxes by employing income shifting and hiring children for your business.
• Utilize AI in marketing and social media to stay top of mind with potential clients.
• Explore alternative financing options, such as creating a debt fund, when traditional banks are not supportive.
• Consider investing in tiny houses as a solution to the affordable housing issue.
Sound Bites
• I had two practices, 30 employees, I mean, headaches, no really.
• Closing on this 100 plus unit and I go to check the bank account and there we have $35,000 missing from the bank account.
• In the multifamily space, it was a numbers game.
• Don't try to reinvent yourself and figure it out. Go copy what the wealthy have been doing for years.
• If you're making good money in the real estate space, there is no better thing to do than getting your children on payroll and having a portion of your income go to your children.
• I create posts every single day I'm on social media, five days a week I'm on social media. Why? Because if they don't know you, they can't follow you.
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Thank you for listening!
