How To Develop Growth Mindset As An Investor with David Teo - Ep#44
David is the COO of Canis Major Incubator, A Commercial Real Estate Investment group focusing on Multifamily value-add assets. Launched in 2017 and has acquired $200M in assets since then. David is also the CEO of Merlion Investments working with residential and commercial real estate with an emphasis on new construction and rehabilitation of existing properties.
Hungry for more of the How in real estate investing? Visit https://www.ezfiuniversity.com/ for in-depth articles and webinar recordings to start down your own road to Financial Independence.
1. Listen and Learn on our Podcast, "10,000 Roads to Financial Independence": https://bityl.co/4l3z
2. Subscribe to our channel: https://ytube.io/3C4F
3. Check out more about David at https://www.facebook.com/MaurusATX
Learn more about his company at https://canismajorincubator.com/
About Elisa Zhang:
I am an owner and principal of over 1,000 apartment units across the USA. I’m an educator, an artist and a mother of two beautiful children.
I am on a mission to help motivated individuals make money while they sleep and retire faster than they dreamed.
What makes me so confident that I can guide someone to achieving this goal? It’s the exact process I used to replace my annual full-time corporate income of over $200K. I came from the IT world and focused on leveraging the power of real estate investing to form passive streams of income that now funds my family's life, independent from working at a day job.
Why not keep this all a secret for myself?
Sharing the formula for Financial Independence is my way of showing gratitude and adding more value to the world.
⏰ Timestamps ⏰:
0:00 Introduction
1:25 Early Influences in Entrepreneurship and Singapore Roots
8:00 The Itch to be Self-Employed and the Subscription Box Model
12:46 First Investment in Real Estate
15:25 Adding New Development into the Investment Portfolio
16:46 The point when David quit his W2 Job
18:40 Scaling, Transitioning Up and Education
21:00 The Importance of Offering Value to a Mentor
23:15 The Path that Led to Commercial Multifamily
27:25 Financial Funding
32:40 Networking and Funding Deals during the Pandemic
34:49 Scaling multiple Asset Types
37:50 David's Favorites in Medical Office Investing
40:42 Company Goals for the Future
44:17 Lumber Costs and Land Acquisition
47:00 How David Teaches his own Children about Financial Literacy
49:39 Connecting with David
Email: david@merlioninvestments.com
https://www.facebook.com/MaurusATX