#176: Chris Collins: From Hollywood to Real Estate Investor
The more people I got to know, I realized there’s a lot of money you can make in real estate and you can get involved or uninvolved as you want.” Chris Collins
Today I am interviewing Chris Collins. He is the Managing Partner at Amity Cash Flow which acquires multi-family apartment properties and creates opportunities for accredited and non accredited investors. He has invested actively and passively in 6 states, over 2,500 apartment units totaling 200 million dollars. He has also presented at my FIBI Pasadena Multi Family Meeting.
Chris Collins: Has a background in Hollywood as a television editor, but has been investing in real estate for a decade. His goal with Amity Cash Flow is to help people gain financial independence no matter the industry you are in.
TOPICS COVERED IN THE EPISODE
From Hollywood to real estate
The basics of real estate
Putting in the effort
Building strong relationships with partners from other markets
Transparency and investor relations
Make the business plan understandable
Encourage your investors to ask questions
The real estate business is a relationship business
Is there an abundance of real estate opportunities
Why you should partner with syndicators
What challenges are multi family facing at the moment
How are interest rates affecting buyers and sellers differently
Tips for buyers
Why are sellers holding on to their properties
Should buyers explore alternative/creative financing
What factors push sales
Why have rents risen
How will you handle the potential recession
How to maintain what you already have
How to deal with contractors
Why you need good oversight
Listen now and find out how Chris found his Real Estate Breakthrough!
The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every other week and learn everything you need to know to invest in real estate on Youtube, iTunes, Spotify, and more. You can watch Chris’s interview on Youtube here.
Find out more about Chris here:
Website AmityCashFlow.com
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