Networking Your Way to Real Estate Wealth ep. 383

What if the key to skyrocketing your real estate success lies not in what you know, but who you know? In this episode of REady2Scale, Jeannette Friedrich, Director of Investor Relations at Blue Lake Capital, sits down with Peter Turner, the owner of Capital Turners and Vice President of Turner Safety Solutions, to uncover how strategic networking can be a game-changer in your investing journey.

Mentions: https://www.amazon.com/Strategies-Wealth-Happiness-Americas-Philosopher/dp/0761506160

Key Takeaways:

-The Power of Networking: Peter shares how his network played a pivotal role in his transition from a 30-year military career to real estate investing. He emphasizes the importance of self-identifying as an investor and using personal connections to grow a portfolio.

-Real Estate Journey: Learn about Peter’s progression from investing in small multifamily properties to larger syndications. He offers practical advice for those considering a full-time career in real estate, including the need to diversify income streams and take calculated risks.

-Market Challenges & Opportunities: The discussion covers the current real estate market, touching on the impact of rising interest rates, the importance of strong sponsor communication, and how to navigate capital calls effectively.

-Actionable Advice: Peter highlights the importance of staying invested during uncertain times, leveraging creative financing solutions, and the value of relationships in long-term success.

Why Listen: This episode is packed with valuable insights for both new and seasoned real estate investors. Whether you're just starting out or looking to scale your portfolio, Peter Turner's experience and practical advice provide actionable strategies to help you succeed in the ever-changing real estate landscape.

Connect with Peter Turner: LinkedIn: Peter Turner Website: www.capitalturners.com

Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.

To reach Ellie & the Blue Lake team, email them at info@bluelake-capital.com or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you.

Timestamps 00:00 Introduction and Guest Welcome 02:03 Peter Turner's Background and Military Service 04:23 Networking and Real Estate Journey 06:27 Transitioning to Full-Time Real Estate Investing 20:00 Facing Challenges in Property Management 23:21 Navigating Market Volatility 26:28 The Value of Real Estate Investments 31:51 Lightning Round and Final Thoughts

Credits Producer: Blue Lake Capital Strategist: Syed Mahmood Editor: Emma Walker Opening music: Pomplamoose

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