The Power of Partnerships in Business with Andrew Schena

Listen to the Episode (26:33)

Andre Schena is an accomplished real estate developer, syndicator, sponsor, investment operator, and business owner. With over $36M of development experience, owning and operating over $5M in cash flow in multifamily, and having raised over $10M in private investment capital, Andrew is consistently sought out, not only as a partner, consultant, coach, and advisor but also as a steward of investment capital. Andrew is passionate about real estate, personal and professional growth, financial education, mindset, and his family.

[00:01] – [05:57] Opening Segment

Let’s get to know Andrew Schena
Andrew talks about his background
- From mortgage to real estate development
His first real estate development project
Building the right team
Current projects their team is involved within the last few months

[05:48] – [15:04] Building the right partnerships

Utilizing the right people and Picking the right partner
Building a team with unique skill sets
Andrew talks about the process of building a partnership
Want to connect with Andrew?
- See Links below

[15:05] – [20:50] The Future for Andrew and his business

The future for Andrew and his business
Getting through obstacles that impede the progress of their present project
Handling delays and issues caused by the Covid crisis
Building a more stable business model towards Multifamily

[20:51] – [26:11] Closing Segment

Andrew’s advice to aspiring investors
- Take Action
How He stays on top of his game
His way to make the world a better place
How to reach out to Andre – links below
Final words

Tweetable Quotes:

“Educate yourself until you’re confident that you know what you know, but take action. Because you can study, you can read, you can listen to a million different sources on the topic of investing in real estate. But you truly don’t know, until you do.” – Andrew Schena

“With any business, it’s about building the right team and making sure you got the right butts in the right seats, and for construction, it’s making sure you’re getting quality work for the right price.” – Andrew Schena

“Getting education and education from real-world experiences are two completely different things. You read, study, and educate yourself as much as you want, but until you actually do it are two different worlds.” – Andrew Schena

“If you’re going to partner with somebody, make sure that partner is good at something you’re not.” – Andrew Schena

Resources Mentioned: