GP8: Money In & Out In 6-12 Months Investing In Retail Centers & Modular Home Construction w/ David Lawver, CEO @ Turnkey Ventures

How do you know you’re not placing money with an investment firm that is doing deals primarily for the fees instead of focusing on the upside (where you benefit most!)?I interviewed David Lawver CEO @ Turnkey Ventures on The Legacy Wealth Podcast and we dove into all kinds of really interesting topics including:   David’s investment strategy of cycling his money every 6-12 months with Retail Centers & Modular Home Construction Is it better to place your capital with a larger institutional fund, or are you experienced enough to work with a smaller operator And how to look at a deal’s fees & its investment splits to uncover the motives of the investment firm
// About The Guests:========================
David Lawver is a mortgage lending expert, real estate investor, and entrepreneur, who took his mortgage brokerage business from $200k to $12M/year in revenue.His years in the mortgage industry naturally lead him into real estate investing. He started with single-family homes, dabbled in short-term rentals and apartment buildings, and eventually got into retail centers, which became his most profitable real estate asset class. Since 2014, David has acquired over $75M of real estate projects.
Pascal Wagner is the founder of the Grow Your Cashflow Network which was formed to help accredited investors learn how to earn consistent passive income from private investments. Previously, he was the Fund & Portfolio Manager at Techstars, making over 300 follow-on investment decisions primarily for the Techstars Ventures ‘17 and ‘21 Funds, he founded Walkthrough, which was acquired by PlanOmatic in 2019, he founded Online Ad Labs which was acquired by PosterBrain in 2016, and he has owned a growing portfolio of real estate properties across the United States since 2013.// About The Show:========================Welcome to The Legacy Wealth Podcast where we help accredited business owners become educated & get access to, private investments that the wealthiest investors in the world utilize to grow their net worth. We do this by providing insight & access to successful fund managers & investors across multiple asset classes.// Links Related To This Episode:========================- Learn how to earn passive income from private investments: www.growyourcashflow.io- Get access to our deal database of all 506(c) cashflow opportunities we come across at: www.getfundbase.com- Follow Pascal Wagner on Social: www.investwithpascal.com- Follow The Legacy Wealth Podcast on your favorite platform: https://legacywealthpodcast.transistor.fm/- Watch the show on YouTube: https://youtu.be/2g2Xhage1Nw- Reach out to David Lawver on Linkedin: https://www.linkedin.com/in/davidlawver/- Learn more about Turnkey Ventures: https://turnkeyventures.com/
// Key Time Stamps & Topics========================00:00 - Intro01:02 - David Lawver's Background03:00 - Background in mortgage lending and his transition to real estate investing04:20 - David shares advantages of having an income source while investing and discusses his vantage point from the lending business in terms of recognizing valuable investment opportunities.06:10 - Managing flip deals felt like running a second business07:00 - David shares insights into the decision-making process for selecting asset classes based on the balance of work, risk, and return.08:00 - David dives into the structure of his investment deals, including retail centers and modular flips, highlighting fast money in and money out for retail centers, and a combination of equity growth and capital return for modular flips10:06 - The differences in holding periods and investor returns for retail centers