![]() ![]() Hopefully, we can get that on the show at some point. ![]() Theo Hicks: What does your current portfolio look like now? Anyone who attended the Best Ever conference heard your amazing presentation. So from then on, my path was just acquiring more and more commercial properties. I didn’t understand why everybody didn’t do commercial real estate. ![]() So at that point, I had an epiphany, “Wait a minute, the residential tenants add wear and tear and destroy your place, while the commercial people improve it on their dime.” That blew me away. There was a pivotal moment at that location where I was unclogging a tenant’s sink or toilet and I saw the commercial tenant was replacing their entire HVAC system. So I wasn’t even really focused on real estate, it was just I guess, adding income with a little bit of real estate mentor. It had a commercial tenant and retail apartments above it, and I thought “What a home run”, because my mentality back then, Theo, was when the commercial store lease was up, I can get additional income by running the store. So I ended up buying a mixed-use building, just kind of dove in, didn’t know what I was doing, had no systems in place… The building that I bought just needed a ton of work. So there weren’t all these resources out there where I could educate myself first, and then get into real estate. So back then – this is 2011 or 2012, I don’t even think Joe Fairless was putting out content back then, and Bigger Pockets may have started, I’m not sure. I had a 15-year career in IT, and I accidentally found real estate because somebody told me it’s a great way to get some tax advantages. I am not unlike a lot of our Best Ever listeners, where I started out in the corporate world, did the nine to five. So Ash, maybe start off by giving us a quick bio on who you are and how you’re involved in real estate investing.Īsh Patel: First, big shoes to fill, following in your footsteps. So we wanted to have a conversation with Ash, bring him on Syndication School, just to get to know a little bit more about him and his background, and why he is the right person for the job. Then for the actual interviews where we talk to guests, that will be exclusively Ash moving forward. Then, as the title implies, mashing them all up into one episode with a theme. It’ll be a wrap-up series where we go back through some of the older commercial real estate investing-focused podcasts and extract some of the Best Ever advice from those. I’ll be focused on Syndication School, Actively Passive with Travis, and then we’ll be doing a new series. So moving forward, a few changes to the podcast. Ash, how’s it going?Īsh Patel: Theo, great. We are going to be officially introducing our new host on The Best Real Estate Investing Advice Ever Show, and that is Ash Patel who is joining me today. Well, today we’re doing something a little bit different. Theo Hicks: Hello Best Ever listeners and welcome to another episode of the Syndication School Series, a free resource focused on the how-to’s of apartment syndication. He is a great addition to the podcast, so be sure to check the interviews he’ll be doing!Ĭlick here for more info on He does his own property management, chases his deals, and invests in bigger projects with Joe. From then on, his biggest focus was on acquiring more commercial properties.Īsh has a wide span of qualifications. Pretty quickly he noticed that the commercial part of the building required way less involvement on his side, while the residential apartments always needed additional investment of time and money. In 2011, he purchased his first property, a mixed-use building. His background is in IT, and he stumbled upon the world of real estate because of the tax advantages. In today’s episode, Theo Hicks introduces a new host of the Best Real Estate Investing Advice Ever podcast show, Ash Patel. ![]()
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