#22 - Economic Trends, Multifamily, Angel Investing, and Investment Strategies with J Scott

Passive Income Pilots

On this episode of Passive Income Pilots, Tait and Ryan interview J Scott, a renowned entrepreneur, investor, and co-host of The BiggerPockets Business Podcast. J shares his expertise in real estate, having accumulated a portfolio worth over $70 million through purchasing, building, rehabbing, selling, syndicating, and holding residential properties. As an accomplished author of four bestselling books on real estate investing, J provides invaluable insights into navigating the multifamily market amid the current economic landscape. He delves into the complexities of real estate syndication, multifamily deals, and draws parallels between real estate investing and angel investing, offering practical tips on rehabbing and effective investment strategies. Enjoy the show!

Timestamped Show Notes

(00:00) Intro

(04:23) J's story

(06:17) What's next for J and what fires him up

(09:51) His view of the economic cycle

(13:58) Lessons J wants to share about syndication

(17:25) Complacency in investing as a syndicator

(19:35) J's analysis of the Houston multifamily featured in a recent WSJ article

(23:40) The decision-making process in J's company

(25:23) Investing with other operators and asset classes

(27:47) Real estate investing vs. angel investing

(33:54) How J got into angel investing

(35:57) Book recommendation on angel investing

(40:58) Rehabbing strategy and cost estimation

(45:49) Picking out and buying materials for rehabbing

(48:21) What keeps J up at night

(54:42) How to connect with J

(55:12) Outro

Connect with J

LinkTree: http://connectwithjscott.com

J’s books: https://amzn.to/3C6VdFz

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Legal Disclaimer

The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group. The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions. The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts. Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended. Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.