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Ep 045: Build a tribe to buy real estate | Travis Smith
02:39 – Travis shares one of his interesting stories in real estate. This was one of those rare opportunities says Travis and the most fantastic story a landlord could dream of.
06:06 – Travis talks about “Tribevest”. It started 12 years ago on a fishing trip with his brothers. They formed a multi membered LLC and they secured the future they never could have dreamed of says Travis.
10:25 – Success doesn’t happen overnight says Travis. Travis started by building a sustainable business but the down side of that is it took time. It took 15 months for them to get their first deal.
12:24 – Travis explains the power of the tribe vs doing it on his own. With the help of the Tribe they can figure things out together says Travis. It accelerated their decision making and timeline.
16:24 – Travis talks about why he started Tribevest. With the tribe, they share their goals and dreams in the business together.
20:01 – Travis talks about the automation and savings account. They provide a transparent dashboard where everybody can see the balance and all the account activity.
20:35 – With Tribevest, the process of setting up an LLC and a bank account would only take a minute says Travis. It comes with a transparent dashboard anyone can see. It’s a really powerful tool Travis adds.
22:29 – Travis says build your tribe first and have capital ready so that when opportunity knocks it’s not a panic to make it work. Travis is connecting their tribes with partners and services.
24:55 – Travis shares a story of people who jumped into Tribevest and their experience. A tribe called The Old Dogs started using Tribevest and now owns a multi family apartment unit in their hometown.
26:59 – To learn more about Tribevest go to their website www.tribevest.com and use their chat feature.
28:39 – Travis shares the most important thing he learned from his investment business. Travis believes that it always comes down to the start and just doing it. Put yourself out there and start learning says Travis.
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