From Scaling A Dental Practices to Scaling In Multifamily
From Scaling A Dental Practices to Scaling In Multifamily
Summary:
Noel Liu is a successful Dentist with an entrepreneurial spirit which led to him to found Secure Dental, a General Dentistry Group Practice with 11 branches throughout the Midwest. Recognizing the tax benefits, Noel started investing in multifamily real estate about a year ago and is Co-GP in a multifamily Syndication deal of 150 doors.
Notable Quotes:
- “My whole goal was to go passive for my kids” – [Noel Liu]
- “The best way to learn it is to invest it” – [Noel Liu]
- “We always want to make sure the investor is taken care of first” – [Noel Liu]
- “When it comes down to getting on that first deal, you cannot be greedy” – [Tim Little]
- “If you want to do something, add value and show that you can do it, without asking for something in return at first” – [Noel Liu]
- “One deal can change your life” – [Noel Liu]
- “Even if you don’t have a whole lot of experience, who do you align with?… cos you can leverage their experience when pitching yourself to others” – [Tim Little]
- “Time is the one thing that we can’t make more of, so being able to get more of that back is invaluable” – [Tim Little]
- “If you’re on the fence or still thinking about it, it’s never a good time to make a hard decision” – [Noel Liu]
Things You’ll Learn:
- Getting into multifamily real estate to make time for family.
- What is a Triple-net Lease?
- Managing hesitation among investors through education.
- What was the motivation to move from being an LP to a GP?
- And much more..