Covid jump starts Pharmacist to pursue Real Estate, now is an LP in a 72 Unit - Tom Latuga
In this episode, Emeka interviews Tom Latuga, a pharmacist and real estate investor. Tom shares his journey into real estate, starting with long-distance investing to mitigate risk. He discusses the benefits of real estate, including flexibility and opportunities for giving back. Tom also explains his first long-distance investment and the BRRRR method he used to increase value. He emphasizes the importance of building trust in long-distance investing and provides tips for finding reliable partners. Tom shares his portfolio, including limited partnerships, and highlights the advantages of real estate over stocks. He advises aspiring investors to join local real estate groups, connect with contractors, and reach out to realtors for networking opportunities. 00:00Introduction 01:24Getting Started in Real Estate 06:09Long-Term Goals and Benefits of Real Estate 08:00Investing Long-Distance 10:15Using the BRRRR Method 13:42Building Trust in Long-Distance Investing 18:20Portfolio and Limited Partnerships 24:29Long-Term Wealth and Ownership 26:42Recommended Books and Lessons Learned 29:20Dinner with a Stoic Philosopher 29:49Contact Information 30:17Actionable Steps Connect With Tom Latuga: Instagram: https://www.instagram.com/tomlatuga/ Facebook: https://www.facebook.com/tom.latuga Website: https://realcentsorganized.com/ Connect with Emeka Ogbonna: Website: Gobonnaequity.com Instagram: https://www.instagram.com/stayreadyrealestate/ Facebook: https://www.facebook.com/emeka.ogbonna.1441 Podcast: https://rss.com/podcasts/stayreadyrealestate/ LinkedIn: https://www.linkedin.com/in/emeka-ogbonna-481379164/ YouTube: https://youtube.com/playlist?list=PLIeAZ-rMMFqhE44gu23a0Tqo7a5xqemQD&si=81iIqKvKfCl05ktM Spotify: https://open.spotify.com/show/7C5pv7sUSF0qEcotOmdElm Amazon: https://music.amazon.com/podcasts/080a5f46-4710-4137-93a5-4b843e2e0cb8/stay-ready-real-estate-podcast?refMarker=null Music: Tyas Martin