Episode #310: Leveraging the Expertise of Others for Greater Success with Diana Lin (Best Of Episode)

Sep 4, 2023

You’ve probably heard that the three most important things in real estate are location, location, location, but today’s guest believes that successful deals are more often about the people you invest with than anything else! Today, Peter Pomeroy speaks with architect and multifamily investor, Diana Lin, who focuses on acquisitions, strategic direction, and asset management at Navi Ventures. She is also an AIA Licensed architect with over 10 years of experience as a Project Manager and Project Architect in New York, Texas, and China. In her career as an architect, Diana designed and managed large-scale, award-winning buildings in office, multifamily, hospitality, and retail properties. In today’s episode, she sheds some light on her journey as a multifamily investor. From why she suggests joining a mentorship group to the benefits of prioritizing effective communication, Diana has some valuable insights to share, including her belief that it’s the people you partner with that make all the difference. Ultimately, she maintains that you can't do it by yourself; you have to leverage the expertise of others to help you be successful! Tune in today to learn more in this thought-provoking conversation with Diana Lin!

Key Points From This Episode:

  • Insight into Diana’s background and career trajectory from architecture to real estate.
  • Why Diana and her husband started in multifamily and how they educated themselves and built up a network by joining a mentorship group.
  • Finding her first investment; why Diana encourages listeners to attend multifamily meetups.
  • Lessons she has learned about underwriting since doing due diligence on that first deal.
  • Why successful deals are more about the people you invest with than the numbers.
  • Advice for getting a sense of a deal sponsor prior to investing with them: ask around!
  • Prioritizing effective communication as well as expected returns to mitigate uncertainty.
  • Learn more about Navi Ventures and its focus.
  • Their latest deal in Glendale, Arizona, and how Vertical Street Ventures contributed to it.
  • The motivations behind doing a 506-B and Diana’s findings at the end of the process.
  • How Navi Ventures leverages Diana and her husband’s backgrounds to attract investors.
  • Diana shares her goals for Navi Ventures for the next 12 months and the next five years.
  • What financial freedom means to Diana: more time with her family.
  • How building relationships with good partners will take Navi Ventures to the next level.

Links Mentioned in Today’s Episode:

Diana Lin on LinkedIn

Diana Lin Email

Navi Ventures 

Vertical Street Ventures

Vertical Street Ventures Academy

Passive Income Through Multifamily Real Estate Facebook Group

Peter Pomeroy on LinkedIn

North Light Growth

Recent Posts

Real Estate Investing: Understanding Syndication Structures

Real Estate Investing: Understanding Syndication Structures

As a passive investor evaluating a commercial real estate syndication, you need to know where to start before you can tell whether a specific property or investment is a good fit. In this article, we’ll walk through one of the critical components you should review...

read more
How To Effectively Manage Multifamily Properties

How To Effectively Manage Multifamily Properties

While single-family residential property is often the first investment choice for real estate entrepreneurs, it isn't the only one. You don’t have to represent a real estate investment trust (REIT) to find ways to invest in multifamily homes. The allure of multifamily...

read more
What You Need To Know About Cap Rates As a Passive Investor

What You Need To Know About Cap Rates As a Passive Investor

If you’ve invested in residential real estate before, you have some important, basic lingo like rental income, mortgage interest, and amortization under your belt. When you step into the world of commercial real estate, you’ll begin to see other terms, like “cap...

read more
What Is The Best Way To Invest       and Grow $1 Million Dollars?

What Is The Best Way To Invest and Grow $1 Million Dollars?

While I’m aware that most Americans are living paycheck to paycheck and wishing they had just a couple of zeroes on the end of their bank balance, today we’re going to explore what could happen if you did suddenly come into money. Whether it be an inheritance, lottery...

read more