Locking deals is just as important as making great relationships, and in this episode, we’re going to dive into them! Lennon Lee and Everett “Stony” Stonebraker are the founders of Passivo Real Estate Investments. Stony Stonebraker has been into real estate for 47 years and is a CCIM designated commercial real estate professional with investments in over 1,000 units of multifamily properties. Lennon Lee is a full-time investor and real estate professional and has been involved in the acquisition of over 2000 units of multifamily real estate.
[00:01] – [07:02] Opening Segment
- Let’s get to know today’s guests, Lennon Lee and Everett “Stony” Stonebraker
- Lennon and Stony’s road to get to building their company and raising capital
[07:03] – [13:30] Growing a Partnership
- Building relationships with investors
- Working as partners
- Bringing people on board
[13:31] – [23:44] How to Find Deals to Invest In
- Stony talks about the process of finding sponsors and potential partners
- Forging relationships with a co-GP
- Getting some financial advice
- Building relationships with mutuals and professionals
[23:45] – [28:57] Final Four Segment
- Lennon’s advice to aspiring investors
- Be focused, but flexible
- Be humble
- How Stony stays on top of his game
- Read and educate yourself
- Lennon and Stony’s way to make the world a better place
- Provide better housing
- Help investors become better investors
- Reach out to our guests – see links below
- Final words
Tweetable Quotes
“We don’t only build partnerships with our investors… we build relationships of trust with them” -Lennon Lee
Resources Mentioned
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Connect with Lennon Lee through: lennon@passivorei.com and Stony Stonebraker through: stony@passivorei.com. Check out https://passivorei.com/ and learn more about investing with them.
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
Call: 901-500-6191
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Email me → sam@brickeninvestmentgroup.com
