When the financial crash hit in 2008, it was a huge shock for the country. Similarly, the COVID-19 pandemic was an unanticipated (and unprecedented) event, the effects of which continue to be felt by the entire global economy. The current economic downturn that we are experiencing, however, is somewhat different as it is something that has been predicted for months, giving us more time to adapt and strategize. No one is more aware of this than today’s guest, Jeff Davis, whose work for a global logistics firm has given him unique insight into how changes in global supply and demand are impacting the global economy. We chat with Jeff about his history in sales, why passive income through multifamily real estate doesn’t need a hard sell, and what he has learned from investing in real estate. Jeff also shares his resistance to social media and how he found an assistant that could help him put his business out there. To learn more about Jeff's career and how he is achieving his goals, make sure you tune in today!
Key Points From This Episode:
- Introducing today’s guest, Jeff Davis, owner of Bridgestone Capital.
- How the 2008 financial crisis compelled Jeff to venture into real estate.
- The role of cash flow and appreciation in the real estate business.
- The difference between 2008 and the current economic downturn.
- Learn about Jeff’s work at a global supply chain logistics company.
- Jeff’s insights into global supply and demand during the COVID-19 pandemic.
- Why there has been a delay in inflation caused by the COVID-19 pandemic.
- Learn about Jeff’s company, Bridgestone Capital.
- What Jeff looks for in an operating partner.
- Jeff’s advice to aspiring capital advisors.
- Why Jeff considers salespeople to be his target investors.
- Why Jeff struggles with incorporating social media into his business.
- How Jeff found a virtual assistant (VA) to help him elevate his social media.
- The amount of money Jeff raised during his last deal.
- How much Jeff wants to be able to raise on a deal-by-deal basis in the next three years.
- The role that Jeff’s Christian faith has played in the context of his business.
Links Mentioned in Today’s Episode:
Passive Income Through Multifamily Real Estate Facebook Group
