Real Estate Syndication with Spencer Hilligoss
Interested in investing in real estate, but want something more passive than rentals or fix and flips? Spencer Hilligoss talks about the opportunities with real estate syndication, how it works and the benefits of getting involved!
Listen to us On
About the Episode
LifeBlood REI: We talked about real estate syndication, Spencer’s experience growing up with a father who worked in residential real estate for 30 years, how instead of pursuing that career, he spent 13 years working in the tech industry in Silicon Valley and the invaluable experience he gained from his time there.
We talked about how he and his wife became interested in passive real estate investing so they began their journey and investing in several different kinds of “passive” investments, but discovered they weren’t everything they were looking for.
We discussed the factors that motivated Spencer and his wife to start a real estate syndication company, the experience working with a spouse, and the challenges and opportunities of doing it during the pandemic.
We talked about developing an investment philosophy and framework, the three key areas the focus on when evaluating deals, his outlook for the foreseeable future, and how people can get involved with Spencer Hilligoss, CoFounder and CEO of Madison Investing, an organization making real estate syndication available to the passive investor.
Listen to learn why being able to say “no” is a super power and how to cultivate it so you can be a good steward of your time and attention!
For the Difference Making Tip, scan ahead to 16:45!
You can learn more about Spencer at MadisonInvesting.com and LinkedIn.
Thanks, as always for listening! If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.
You can learn more about us at MoneyAlignmentAcademy.com, Twitter, LinkedIn, Instagram, Pinterest, YouTube and Facebook or you’d like to be a guest on the show, contact George at [email protected].
George Grombacher
Lifeblood Host
Spencer Hilligoss
Guest
More Episodes
How to Create a Monthly Cash Flow Plan
Having a monthly cash flow plan is essential for your long-term financial success. Without understanding how much money you have coming in, and how much is going out, you won’t be successful. When it comes to personal cash flow, Earnings - Spending = Savings. When we...
The Importance of Accountability in Personal Finance
What is the importance of accountability with your money? Since money plays a vital role in every aspect of our lives, accountability is critical. We must hold ourselves, our loved ones, and our partners accountable. Another important consideration is the time...
DIY Money: How to Make it Happen on Your Own
Can you successfully navigate your own personal finances? Can you DIY money? Yes. Financial planning is determining your financial goals, looking at your current situation, and devising strategies for achieving those goals. It’s best viewed as a process because...
How to Be Good at Financial Decision Making
We all want to know how to be good at financial decision making. And it’s easy, but it’s not simple. It’s impossible for anyone to eliminate all bad decisions. What we want to do is minimize how many we make. The wrong financial decision can delay our most...
Set It and Forget It: How to Automate Your Finances
Is it possible to “set it and forget it” with our personal finances? Our time and attention are just as valuable as our money. When we can stop doing menial tasks like paying bills and balancing our checkbooks, we can spend our time and attention on other...
Having a Financial Conversation With Our Senior Loved Ones
Having the money talk with aging loved ones is important. We’re all going to get there eventually, the lucky ones, that is. Old age. And we’ll see that first in our parents if we’re lucky enough to keep them with us that long. Because with age comes a decreased...
What Gets Measured, Gets Managed: How to Create Financial Systems
In personal finance as well as corporate, what gets measured, gets managed. CFOs handle the finances of their organizations, and there are many stakeholders who rely on their data and insight. They look back at historical results, as well as plan and forecast...
How to Set and Keep Your Financial Priorities
Because money plays such an important role in our lives, we must establish clear financial priorities. While money won’t bring us happiness, a lack of money can most certainly bring stress and anxiety. It’s also really hard to think about the big picture and to...
A Practical User’s Guide to Qualified Accounts
Qualified accounts are the primary way we save for retirement but it wasn't always that way. In 1875, the American Express Company developed the first private pension in the United States. Prior to that, the military and government had been providing pensions since...
Join the show.
Interested in being on the show? Tell me a little bit more about you and what you’d like to talk about!