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The Real Estate Way to Wealth and Freedom - Jacob Ayers EPISODE 342, 8th September 2020
Doing Well by Doing Good with Dave Holman
00:00:00 00:51:30

Doing Well by Doing Good with Dave Holman

DAVE HOLMAN

When it comes to the world of real estate investing, there doesn’t have to be a distinction between doing well and doing good. Enter Dave Holman, a man on a mission to use real estate to solve problems and improve communities. Having nearly a decade of experience as a real estate investor, Dave is passionate about teaching others how to achieve doing well by doing good.

Dave’s story did not start in real estate. His first major investment took place right out of college when he co-founded a multi-lingual retail chain in Bolivia, The Spitting Llama Bookstore and Outfitter, with the hope of improving the country’s social environment and ecology. It wasn’t until five years later that he entered the world of real estate investing and brokering with a similar mission: to help benefit residents, investors, and the planet.

Dave now co-owns 94 rental units in Southern Maine, enjoying his time working with investors, owners, residents, and contractors to help with energy efficiency, syndications, and property management. In addition to investing and brokering, Dave expresses his passions through writing and is the author of three books: Youth Renewing the CountrysideCoffee Smuggler, and Cyber Fire

KEY POINTS

  • Starting a real estate business from 0
  • How to achieve a freer-life mindset
  • Replicable entry into real estate from a duplex to 94 units
  • Finding deals through mismarketed properties
  • Property management best practices for investors, landlords, and tenants 
  • Growing and scaling your portfolio by refinancing
  • Passive vs Active investing – the pros and cons of each and how to choose the right fit for you
  • Working with new immigrants and creating a win-win situation helping communities

LIGHTNING QUESTIONS

1. What was your biggest hurdle getting started in real estate investing, and how did you overcome it?

  • No capital, so he partnered with family who had the capital and who believed in him.

2. Do you have a personal habit that contributes to your success?

  • Stay positive to people and to life.

3. Do you have an online resource that you find valuable?

4. What book would you recommend to the listeners and why?

5. If you were to give advice to your 20-year-old self to get started in real estate investing, what would it be?

  • Try to erase some of the stigma against landlords, & wait for the right time for you.

RESOURCES

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Website

Katahdin Property Management