Today on Passive Income Through Multifamily Real Estate, we are joined by CEO and Founder of Reunion Investments LLC, Solomon Floyd. Solomon is a real estate investor and developer who focuses on real estate investing in tertiary markets. His experience in real estate and business guides him to develop communities that are often ignored due to their size and lack of infrastructure. This approach has led investors to extremely profitable returns, and a better understanding of fostering the right economic conditions for market growth. As you’ll discover in today’s episode, Solomon’s previous military experience informs his approach to improving the lives of current service members and their families, while enabling investors to build passive wealth, leverage portfolios of holdings, and service America’s communities. Tuning in, you’ll gain some insight into Solomon’s vertically integrated business model, how he evaluates tertiary markets, and where he typically sees developers failing in these markets, as well as some of the unique challenges that come with the territory. We also touch on the importance of self-development and cultivating a team mindset, plus so much more! If you’re looking to invest in tertiary markets, but you’re not sure where to start, this is the episode for you.
Key Points From This Episode:
- A look at Solomon’s background and his focus on tertiary and military markets.
- An overview of his companies, Reunion Investments LLC and Archway Developers.
- Insight into Solomon’s vertically integrated business model.
- The level of inquiry that goes into evaluating tertiary markets.
- Where Solomon sees developers failing in these markets.
- Some of the challenges that are unique to the tertiary market.
- The significance of population size, economic drivers, and more.
- What a typical investment lifecycle looks like for Solomon.
- Benefits of investing with a complementary investment firm like Reunion.
- Solomon’s take on how the pending recession will impact his businesses.
- Emphasizing the importance of self-development and mental leadership.
Links Mentioned in Today’s Episode:
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