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Passive Apartment Investing Tips with Travis Watts, Episode 138
November 12, 2019

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Travis Watts has been investing since 2009, with experience in multifamily, single-family and vacation rentals. Before becoming the Director of Investor Relations at Ashcroft Capital, Travis was an investor with Joe Fairless and Ashcroft Capital for several years and has invested in more than 30% of their multifamily syndication opportunities. Travis now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.
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Partner: Download a Free Sample Apartment Deal Package
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Key Insights
Grew up in Fort Collins, COÂ
Started with SFR and 5 years later liquidated everything to be passive
Wanted to be passive but had actually just created another job
Invested passively with a group, but was skepticalÂ
Mistake: Focused too much on the pro forma, not enough on the team
Key questions to ask sponsors:Â What is the plan in a recession? What happens if something happens to you (the lead partner/GP)?
Invests passively but joined Ashcroft Capital as apart of Investor Relations after investing in 9 of their deals
Liked Dallas/Ft. Worth and Florida markets
Prefers monthly updates and monthly distributionsÂ
In Denver, invested in single-family rentals and vacation rentals
Loves employer diversification in DFW and population growth
Likes Tampa, Orlando and Jacksonville in Florida
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Bull’s Eye Tips:
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Apparent Failure, Future Success:
Rented to tenants who were problematic and left an emotional toll; realized he preferred to be passive
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Most Recommended Book:
Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks
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Most Recommended Digital/Mobile Resource:
TinyScan
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Daily Habit:
Waking up at 7am
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Wish I Knew Starting Out:
The option of passive investingÂ
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Wish I Knew Last Year:
The power of networking events
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Current Curiosity:
Due diligence
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Best Place to Grab a Bite:
Snooze - Denver, Colorado
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Town Tavern - Celebration, FL
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Connect with Travis:
Email: Travis@AshcroftCapital.com
Landing Page: joefairless.com/passiveinvestors
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