How to Find the Right Apartment Operator with David Robinson
David Robinson is Managing Partner of Canovo Capital. He is an active apartment syndicator, investor, and speaker. He currently leads business development and investor relations for Canovo Capital.
David has been in the real estate profession for more than 17 years and has brokered or acquired over $220 million in real estate. He has led top-producing sales teams and managed a leading national franchise brokerage. He holds an active real estate broker’s license in the state of Utah.
David is also the creator and host of the Apartment Investing Journey, one of the fastest-growing multifamily investing podcasts in the country. Let’s dive in to learn more about David’s investing and podcasting journey. LISTEN HERE:
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[00:01 – 04:15] Opening Segment
David talks about his background.
How he decided to switch to the investing side from the brokerage side.
How the institutional investors getting into the market has pushed everybody else down.
[04:15 – 09:33] Finding The Right Operator
Why he prefers to invest in more stable markets
The importance of finding the right operator.
Why it is important to work with a team that’s hungry and in the growth mindset.
David talks about which markets they jumped into so far and what they liked about those markets.
[09:33 – 21:00] Podcasting
How his podcast helped David with his first deal.
The importance of understanding what problem you are solving in a deal.
Why David has started his podcast “The Apartment Investing Journey”
How his podcast became one of the fastest-growing podcasts in the space.
[21:00 – 31:05] Round of Insights
Not getting into commercial real estate earlier.
A spreadsheet to calculate the return on equity on their existing properties.
Most Recommended Book:
#1 Insight for Multifamily Investing:
Before the deal, before the market, before anything else - it’s about the operator.
Best Place to Grab a Bite in Utah:
You can listen to his podcast “The Apartment Investing Journey” on all podcast platforms.
“As a passive investor I would say it’s all about the operator: Before the deal, before market, before anything else - it’s about the operator.” - David Robinson
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