366. Real Estate Investment Opportunities with Reed Goossens

Feb 6, 2023

Do you know the key to achieving the financial freedom you’re looking for? In this episode, he discusses topics such as inflation, supply chain issues, and the US Federal Reserve's fivefold increase in interest rates.  Reed stresses the importance of asset management for new operators in the value-add space as well as how inflation affects housing prices globally. Don't miss out on this insightful conversation!

In 2012, Reed quit his job in Australia and moved halfway across the globe to the US to change his life, and chase a dream. With limited funds, no investing experience, and no credit, Reed went from purchasing a small duplex to growing his own real estate investment firm, RSN Property Group. Reed now syndicates large multi-million dollar deals across the U.S.; he has now achieved financial freedom and taken control of his life.

[00:01 - 13.23] Opening Segment

• Reed's story of moving from Australia to the US

• How he ended up buying his first duplex with limited funds

• How Reed built two syndication platforms with over 650 million assets under management
• How covid has affected the global economy

[13:24 - 26:30] Recession on the Horizon

• How interest rates rise and cash flow stagnates

• Interest rates have increased 5 times in the past 6-12 months

• Transactions in multi-family and other real estate sectors have come to a standstill
• Why the key to success in syndication are building trust and managing operations

[26:31 - 39:13] Addressing the Global Housing Crisis

• Look for ways to reduce expenses to maximize cash flow

• Building wealth through real estate

• The housing crisis globally due to inflation
• It is important to pay attention to in-place rents and look for value add opportunities

• Exploring the benefits of bulk purchasing and lean operations

[39:14 - 43:44] Closing Segment

• Going into a vertically integrated structure
• Goals are uncertain but work hard and let life happen organically

Key Quotes: 

“If you can't invest in yourself then who can you invest in?” - Reed Goossens

“You make money when you buy, but you lose it pretty quickly through bad management.” – Reed Goossens

Connect with Reed: 

LinkedIn: Reed Goossens

Website: Reed Goossens

Email: [e-mail] 

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