044: "Passive Investing Made Simple" with Anthony Vicino
Play • 38 min

Do you believe that investing in real estate is scary and overwhelming? If the answer is yes, you should start changing that mindset. In this episode, we have a very special guest, Anthony Vicino, that is going to help you to see investing from a different insight. He is a co-founding partner of Invictus Capital a multifamily acquisition firm based in Minneapolis, MN with $30m in AUM, that provides busy working professionals with the opportunity to Invest Better.

Anthony is a best-selling author, real estate investor, and serial entrepreneur committed to helping people maximize their Returns on Life. Today, he will share with us his experience in the real estate industry, and we will talk about his book “Passive Investing Made Simple”. Anthony will provide you with meaningful tips you can put into practice at the moment of choosing an operator, a deal, and a market!

Tune in and take control over your financial destiny!

Getting to know Anthony - [00:01 – 06:01]

  • Anthony shares a bit of his background and work.
    • A professional rock climber
    • Start to writing: a skill for telling stories
    • Live in the back of a van
    • Build a business with his friend
    • Become an entrepreneur: get into real estate 8 years ago

Passive Investing Made Simple [06:02 – 21:13]

  • Anthony introduces his book: Passive Investing Made Simple 
    • Focus on the operator, the deal, and the market.
  • How people should pick an operator
    • Integrity is the most important
    • A track record: a badass entrepreneur, a badass teacher, etc.
    • A personal alignment and values
  • Why the deal is important
    • Think about what you are looking for: e.g risk mitigation
    • Understand capital rate, rent gross vs expense gross, plan, and stability to execute the deal
    • How solid the deal is

Why Market Is Key [21:14 – 30:49]

  • The income revenue recognition
    • Coach students on multifamily investing
    • Underwriting models: An intellectual exercise
    • Can you logistically do that unit turns in a week? Can you get all the supplies and labor?
  • Having a Ph.D. is not mandatory to start investing
    • Use common sense and know a couple of key things
  • The importance of market
    • Look for a market that has strong growth, strong job growth,  strong population growth, etc.
    •  Meeting income vs cost of living
    • The right balance of supplies and demand

 

The Quattro Trio - [30:50 - 38:28]

  • What is your superpower?
    • Being hyper-focused
  • What is your biggest failure? 
    • Not focusing on the people and the relationships around him that would make him feel fulfilled, but focusing more on the achievement
  • Anthony encourages you to support Project Success
  • How to connect with Daniel
    • Links below 
  • Final words

Tweetable Quotes:

“It’s not necessary a track record of success in real estate,  we’re looking for a track record of success in life.” -  Anthony Vicino

“Rock Stars are Rock Stars regardless of what they’re doing, they always rise to the top” -   Anthony Vicino

“When it comes to investing, optimism is a terrible investment strategy. We should always be on the side of assuming that capital rate is going to go against us” - Anthony Vicino

Resources Mentioned:

You can connect with Anthony on LinkedIn! Go and check out Invictus Capital and join an exclusive community investing in commercial real estate!

LEAVE A 5 STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

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