#17 - The Journey of a Digital Pioneer into Real Estate Dominance with Frank Xia
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Embark on a transformative path with our latest guest, Frank Xia, a tech wizard who's channeled his savvy into a real estate empire as he unveils the blueprint for transitioning from digital landscapes to physical properties. With a hefty 696-unit portfolio under his belt, we discussed the idea that it isn't just about crunching numbers but also about the grit and integrity it takes to thrive in the cutthroat world of multifamily investing. His insights extend far beyond properties, touching on the exhilaration of a sports card startup and the intricacies of luxury watch collecting, enriching our conversation with a diverse spectrum of expertise. We also explore the delicate balance between human intuition and technological precision, especially in the high-touch real estate industry.
Frank’s journey intertwines finance and technology at its core. From stocks and options to diverse assets like residential and commercial real estate, sports cards, and watches, he has invested, traded, and priced them with precision. Leveraging AI, he has optimized these processes for efficiency. With two successful tech IPO exits under his belt, he ventured into founding a FinTech startup three years ago. Today, as he transitions into an investor role, his mission is clear: to empower others in their quest for financial freedom.
Contact Frank at:
frank@daytonacapitalre.com
www.DaytonaCapitalRE.com
https://www.linkedin.com/in/frankthetankcfa/
Show notes:
(1:44) Who is Frank Xia?
(02:48) Transition from tech to real estate
(12:45) Translating tech skills to real estate investing
(19:09) Vetting sponsors and deals
(27:31) Investing remotely and choosing markets
(38:49) Investment strategy: Class B and Class A properties
(44:47) Using AI in real estate underwriting and tech trends in the real estate industry
(48:53) Sports card startup and alternative assets
(53:35) Advice for new multifamily investors
(54:44) Book recommendation 'Who Not How'
(57:12) Where to find Frank Xia and Daytona Capital
(58:16) Outro
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For more resources and guides, check these out:
- Investor 101 https://www.aritacapital.com/investor-101-resource/#
- Due Diligence Resource https://www.aritacapital.com/dd-checklist-resource/
If you want to learn more, reach out at:
Email: steven@aritacapital.com
LinkedIn: https://www.linkedin.com/in/aritasteven/
62 episodes