Join Daniel Nickles and Chris Thompson with their guest Shannon Robnett, CEO of Shannon Robnett Industries, as they discuss the vogue towards syndication and real estate in general. In this episode, Shannon explains how there isn’t a single asset class that gives the tax advantages and behaves in a manner like real estate does. The fact that there is always more people that have ten bucks than those with a million is one reason why syndication, for Shannon, is for everbody. Get to hear all of those and more as you tune in to the episode with us.
In this episode you will learn:
- The habit of creating value for people.
- What makes syndication great and why should you try it?
- Stock Market vs. Real Estate Syndication.
- The difference of being in control of your assets.
- What it takes to be a realtor?
About Shannon Robnett:
Shannon has been in the real estate industry for over 40 years. He has been involved from start to finish on over $200,000,000 in construction projects covering the gamut from multi family, professional office buildings to City hall’s, fire and police stations, schools, industrial and mini storage.
Shannon says that there is phenomenal growth in just building, filling, and selling a product. Shannon further explains that his operation is different than most because he is looking for syndication partners that are seeking tax-advantaged situations and his main clients are using IRAs to invest; not clients looking for small monthly cash flow investments.
Another reason Shannon is different is that the majority of the projects are ground up developments. Shannon and his team have streamlined the ground up process making it a much more lucrative product to invest in. His team also completely rehabs a building,from pipes, roof, window, paint,everything that will keep these rehab investments profitable for 10+ years.
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