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Alternative Investing Tips and Strategies for 2024 with Erik Hemingway

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Manage episode 402791000 series 3486025
Content provided by Truly Passive LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Truly Passive LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this captivating panel discussion, Clint Harris and Erik Hemingway explore their transformative journey in real estate investing. Discover the strategic steps that propelled them beyond financial independence, granting them genuine control over their time and life decisions. Whether you're a novice investor or have some experience, this episode has valuable insights tailored for you.


Key takeaways to listen for

  • [05:35] Core values and beliefs held by successful investors
  • [10:26] Main reasons to change your existing business strategy
  • [22:39] Advantages of choosing the right asset class to invest in
  • [37:22] Importance of return on equity for investors
  • [33:30] Is liquidating your multifamily portfolio for something less labor-intensive a good idea?

Resources mentioned in this episode


About Erik Hemingway

Erik Hemingway is the Founder of Nomad Capital, a company syndicating self-storage, specializing in conversions throughout the Southeast. He is the Owner and President of Elm Builders LLC, a commercial and property development company.


Connect with Erik

Website: Nomad Capital


Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

  continue reading

58 episodes

Artwork
iconShare
 
Manage episode 402791000 series 3486025
Content provided by Truly Passive LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Truly Passive LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this captivating panel discussion, Clint Harris and Erik Hemingway explore their transformative journey in real estate investing. Discover the strategic steps that propelled them beyond financial independence, granting them genuine control over their time and life decisions. Whether you're a novice investor or have some experience, this episode has valuable insights tailored for you.


Key takeaways to listen for

  • [05:35] Core values and beliefs held by successful investors
  • [10:26] Main reasons to change your existing business strategy
  • [22:39] Advantages of choosing the right asset class to invest in
  • [37:22] Importance of return on equity for investors
  • [33:30] Is liquidating your multifamily portfolio for something less labor-intensive a good idea?

Resources mentioned in this episode


About Erik Hemingway

Erik Hemingway is the Founder of Nomad Capital, a company syndicating self-storage, specializing in conversions throughout the Southeast. He is the Owner and President of Elm Builders LLC, a commercial and property development company.


Connect with Erik

Website: Nomad Capital


Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

  continue reading

58 episodes

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