Cross Skills for Success in Multifamily
🔥On this Real Estate Hustlers Podcast episode, we will be talking with Cross Skills for Success in Multifamily Over her career, Sharon Riddle has worked in companies, nonprofit organizations, and government agencies. She has provided business solutions in the areas of software upgrades and business process analyses and has conducted best business practice research for over 30 years.
Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. She took a leadership role in managing all facets of the business, including property analysis, acquisition, rehab, property management, and resale of properties.Â
Sharon, with her business partner Dan, started the transition to multifamily real estate in 2015 through initial education and investing passively in 18 properties in Texas,Â
Oklahoma, Colorado, Florida, and Ohio, totaling 3,507 units to date. She joined the Women’s Multifamily Mastermind in 2019, has been a personal mentoring student of Brad Sumrok since 2015, Brad Sumrok’s Millionaire Multifamily Mastermind in 2019, Hunter Thompson’s RaiseMasters mastermind in 2023, and co-founded Excalibre Investments of Texas LLC with Dan in 2022.
What actionable value will you provide to our listeners?
–Sharon shares her background in real estate, starting with single-family homes and transitioning to multifamily properties.
–Sharon discusses her experience in the business solutions world and how it translates to her real estate career.
–Sharon reflects on her experience self-managing single-family homes and the challenges faced during that time.
–He highlighted the importance of due diligence and the advantage of having multi-billion dollar families conducting their own due diligence alongside his team.
–Insights on how to work with private lenders and the lessons learned from a boot camp experience.
–Discussion on the advantages of using community banks for financing real estate investments.
–Details about Sharon’s first multifamily deal and the role of mentorship in that process.
–Sharon explains their investment strategy within the Texas triangle and other markets.
–Discussion on the growth and investment opportunities in Columbus, Ohio.
-Insights into the challenges faced with property management and the turnover of staff.
-Sharon shares her favorite book, “Tax-Free Wealth,” and its impact on her investing strategy.
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Key Points From This Episode:
1.Sharon explains their investment strategy within the Texas triangle and other markets.
2. Discussion on the growth and investment opportunities in Columbus, Ohio.
3.Insights into the challenges faced with property management and the turnover of staff.
4.Ron provided a comprehensive definition of a family office, emphasizing the need for a minimum of $250 million to $500 million to make economic sense.
5. Sharon reflects on her experience self-managing single-family homes and the challenges faced during that time.
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About Sharon
🔥On this Real Estate Hustlers Podcast episode, we will be talking with Cross Skills for Success in Multifamily Over her career, Sharon Riddle has worked in companies, nonprofit organizations, and government agencies. She has provided business solutions in the areas of software upgrades and business process analyses and has conducted best business practice research for over 30 years.Â
Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. She took a leadership role in managing all facets of the business, including property analysis, acquisition, rehab, property management, and resale of properties.Â
Sharon, with her business partner Dan, started the transition to multifamily real estate in 2015 through initial education and investing passively in 18 properties in Texas,Â
Oklahoma, Colorado, Florida, and Ohio, totaling 3,507 units to date. She joined the Women’s Multifamily Mastermind in 2019, has been a personal mentoring student of Brad Sumrok since 2015, Brad Sumrok’s Millionaire Multifamily Mastermind in 2019, Hunter Thompson’s RaiseMasters mastermind in 2023, and co-founded Excalibre Investments of Texas LLC with Dan in 2022.
Touch with Sharon:
Linkedin:Â
Sharon Riddle Company: Excalibretexas
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