GC Teaches Multifamily Investing with Chad Hudson

Today we are here with Chad Hudson. Chad is a Real Estate Investor; he has an exciting journey,  learn his success formula as he unravels the first step from general contracting to multifamily syndications.

He is the owner and founder of Savoy Companies, and he builds custom homes. 

He's gone from owning and self-managing his portfolio, to passively investing in syndicated real estate deals to now actively and passively investing in syndicated real estate deals all throughout the southeast part of the United States. 

Here is some of what you will learn:

  • Accredited vs. non-accredited investors
  • Advantages of passive investing
  • Benefits of syndicating your deals
  • Building relationships with your banking partners
  • Building your multifamily team
  • The value of mentorship
  • Understanding the importance of sales training

Quotes:

  • "Home is where life happens. It's where we entertain our friends, raise our families, and build the memories and family traditions that make life worth living." ~Chad Hudson
  • "We don't just help you build your home; we help build traditions." ~Chad Hudson 
  • "Look at your surroundings, and know the market very well. Also, you need to have many, many, many exit strategies." ~Chad Hudson

About Chad Hudson:

Chad is the owner and founder of Savoy Companies which specializes in buying, selling, building, remodeling and owner-financing real estate since 2000. He has done over 100-plus transactions, held over 30-plus rental properties and has over 700 apartments.

In addition to managing his successful construction or renovation business, Chad also owns several rental properties and holds multiple private mortgage notes for customers. 

Usually, someone will purchase a multifamily property and live in one of the units while renting out the other unit or units. Chad needed someone to help pay the mortgage, so his friend moved in, and his rent paid almost the whole mortgage. That got Chad started, and he quickly set out to get more property. 

Over the years, Savoy has moved away from single-family, condos, and small multifamily to passively investing in large apartment syndications. 

Chad's current business strategy is to continue investing in apartment syndications. And move into a sponsorship role while continuing to grow his custom home business known as Savoy Builders. 

Important Links:

This episode is brought to you by Roofstock, the world’s largest residential real estate investing marketplace. Open an account for free and start browsing turnkey investment properties today.

We are also supported by You Need a Budget. YNAB is a different kind of personal financial tracking company. They’ll help you track and plan your money with your priorities in mind. Open your trial account today and give it a shot!

About the Host

Taylor on stage

Hi, I’m Taylor. To date I’ve acquired or partnered on over $250 Million in Commercial Real Estate Investments. I help busy professionals invest in multifamily and self storage real estate through my company NT Capital

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Real Listener Reviews

Extremely useful podcast
Extremely useful podcast
@thehappyrexan
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Short, impactful with excellent guests. If you have a full time W-2 job or business and are looking for ways to get involved in real estate on the side, this is for you.
Simple & effective information!
Simple & effective information!
@jjff0987
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This podcast is worth listening to for investors at all levels. The information is simplified for the high level investors but detailed enough to educate seasoned investors about nuances of the business. I recommend!
Awesome Podcast!!!
Awesome Podcast!!!
@Clarisse Gomez
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The host of Passive Wealth Strategies for Busy Professionals podcast highlights all aspects of real estate investing and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Great podcast!
Great podcast!
@Owchy
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Love all the information and insights from Taylor and his guest. Fun and entertaining. Highly recommend.
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