The Real Path to BYOB(Be your own Boss)

In this episode, Ola Dantis, a serial entrepreneur and Founder/CEO of Dwellynn.com, a multifamily investment firm, and hosts one of the top real estate investing podcasts, The Dwellynn Show, will share his beginnings, how he got into real estate, this mistakes and success he’s made into becoming his own boss.

Key Point Summary:

· Ola Dantis wants to set a strong foundation when introducing himself, saying he is not just someone that just buys off apartments. There is a story behind every success in every person. Ola and his wife moved to the US from UK. They first settled in Maryland where they had a lovely apartment and both he and his wife had jobs.

· His friend asked him to meet him in Dubai to meet some investors and to rehab and restructure his friend’s business. During that process, Ola realized that he could do this type of business in America but he didn't know anything about real estate investing. Ola started googling about real estate investing, he started listening to podcasts, reading books about it. That was how it all started.

· When asked what was one book that changed everything for him, Ola shared that it was Robert Kiyosaki’s book. It changed his mindset, everything he was trying to figure out, the goals that he wanted to set was all in that book.

· In his journey of self-education in real estate investing, he made his first investment. Ola bought an office building in Baltimore, he had tenants on the top floor and he and his wife eventually moved into the bottom floor. Ola saw that there was growth in their investment and so he and his wife talked about scaling it up and make it into a bigger business.

· Since Ola was planning to scale up, he found a mentor and joined a group of people that had the same interest and goals as he had. He got on a course and was following the path.

· Along the way, Ola met a partner and they got into flipping houses. Ola admitted that he made a schoolboy error but also considered it as a lesson learned. It wasn’t that they failed in their venture, it was that he realized it wasn't as glamorous as it looked. He admitted that he did not have the temperament for that business and he didn’t enjoy it personally.

· Because Ola veered off from his first interest, which was real estate investing, he knew that there was a price to pay. He left his syndication group and by the time he came back all his peers were already buying 100-unit buildings.

· In finding partners, Ola shares that they have a close-knit community on Facebook, and it’s only a matter of reaching out. But of course, it can’t be just anyone, it has to be people that have the same wavelength as you so that you can really navigate the good and the bad throughout your deal.

· Ola shares that to be productive there has to be organization and discipline. Having a to-do list keeps him on track of the things that he has to do and to figure out a way to have a routine. Another thing is meditation. He wakes up every day at 4:55 AM to meditate, drinks his tea, and go for a walk or jog; he calls it his moment of quietude. Being successful has a ton to do with your mindset, your heart set, your soul set, and your health set. Another strategy is to read a lot. There might not be a lot of time to read but he likes reading the abstract of a book.

Go to https://www.dwellynn.com/ if you want to know more about Multifamily Syndication.

You can also follow Ola in his socials:

Instagram | Facebook | Twitter |

Coming soon..

Ryan Gibson is the CIO and co-founder of Spartan investment group

Ryan's company owns and operates self-storage facilities throughout the United States, where Ryan is responsible for investor relations and raises capital from investors for projects

Today Spartan has raised 25million in private equity and has over 4000 units in self-storage under management

He also has a career in aviation and graduated with a Bachelor's degree in Business and Masters in Marketing, management, and advertising

https://spartan-investors.com/
Key points

In this episode, Ryan and Manasa talk about Self storage as an asset class and deep dive into the details about investing in self-storage

Ryan and his team found storage was an asset class that was truly recession-resistant and could stand the test of time. They didn't want to outsource anything, they wanted to have control of the entire pipeline of everything. To be able to find it, find it, finish it, operate it all the way through and self-storage was the asset class that fit that requirement

Crime stats don't have any influence on this asset class and the returns are very similar to multifamily

Before investing in a deal make sure the operator performed a demand study and that the business plan can be executed based on that demand and competitors study

He emphasizes the importance of having a great team to succeed

Financial freedom, to him, means being able to lose everything you have, right now, but being able to build it all back, because you possess the skills and the knowledge to do it again. So, the real freedom is in knowing you possess the skill, experience to build it all back

Although it's kind of cliche to say the best investment you can make is in yourself, it is indeed true.

Nathan Webb is a husband, father, investor, entrepreneur, real estate professional (a fancy way of saying I'm in real estate full time), and 1031 exchange accommodator. I am licensed in 2 states, CA and GA. I spend my days growing my own portfolio as a team with my wife and some close friends as investors. I also help a privately held REIT expand their portfolio across the US as we approach $4BB in assets under management. I do all of this while executing 1031 exchanges for clients from coast to coast and bundle it all together into a business somehow. I specialize in 1031's and have found that most people generally don't realize how powerful they are and how much you can do with them. I would love to share more on that.

Badri Malynur is the cofounder of Avestor (avestorinc.com) a platform that allows high net worth investors to build custom real estate portfolios diversified across states, property types & time frames to provide passive income and capital appreciation.