Build Wealth Without the Risk of Losing Your Job: Whitney Elkins-Hutten

Описание: Today's guest is Whitney Elkins-Hutten. She is the Director of Investor Education at PassiveInvesting.com, which is a national passive real estate investment firm based in the Carolinas. The company has acquired 3,500+ multifamily units, 6,600+ self-storage units, 31 car washes, and 153 hotel keys with a portfolio valued at over $1.4B with over 2,200 investors active in those assets.

Connect with Whitney Elkins-Hutten
http://passiveinvestingwithwhitney.com/
  / whitneyelkinshutten  

Connect with hosts:

Bryan Morris:
  / bryanmorris7  

Chris Ward:
  / thechrisward  

Website:
https://sevenpeakcapital.com/

Download Our Passive Income Guide for W2 Professionals:
https://sevenpeakcapital.com/guide/

Timestamps
00:01 - Intro and Guest Introduction
Introduction to Whitney Elkins Hooten, her role, and background.

00:10 - The Journey Begins
Whitney talks about her start in real estate investing in 2002 and how she became a landlord by accident.

01:23 - Getting Into Real Estate
Whitney discusses her experience with buying, fixing up, and renting properties, including learning by doing and the financial surprises.

02:10 - The Decision to Scale
Transition to growing the business with more properties, including multi-family units and the shift to private equity.

04:00 - COVID and Portfolio Adjustments
Whitney reflects on how the COVID-19 pandemic led her to reevaluate her portfolio and teaching others how to protect wealth.

06:25 - Educating and Helping Investors
Whitney shares the importance of teaching people how to create a financial foundation for passive investing.

08:20 - The Shift to Passive Investing
The discussion moves toward passive real estate investments and how to choose the right investment.

10:00 - Calculating Cash Flow
Whitney breaks down the basics of calculating cash flow for rental properties.

12:00 - Equity vs. Debt Investing
A comparison between equity investments and debt deals, touching on risk, returns, and liquidity.

14:30 - Diversification in Investing
Whitney talks about diversification within real estate portfolios and the importance of blending equity and debt investments.

16:00 - Exploring Other Asset Classes
The conversation expands to other passive investment opportunities, such as express car washes and self-storage.

18:15 - Debt Funds Explained
Whitney explains the role of debt funds in her investment strategy, offering safety and lower risk.

21:00 - Risk Tolerance and Strategy
Discussing the importance of understanding risk tolerance and matching investments to financial goals.


About Seven Peak Capital:

Seven Peak Capital provides investment opportunities in multifamily properties to both accredited and non-accredited investors. Through our methodical research methods and strong strategic partnerships, our team specializes in acquiring properties through rigorous underwriting standards, improving operations with best in-class asset management techniques and intimate knowledge of local market dynamics to deliver attractive returns regardless of market cycle.

Our team personally invests capital in each property alongside our investors, enhancing the value of commercial multifamily properties and, in turn, generating passive income for our investors through cash flow.