CP33: Paying it Forward through Multifamily education and networking with Kevin Dugan
- E33
- 29:29
- November 17th 2020
Join me and my co-host, Steve Fierros, as we chat with Kevin Dugan about giving back, educating, networking, and the importance of finding the right team. Kevin is the CEO of Altus Investment Group, where he has built a vertically integrated investment firm, including investment, property management, and general contracting. In this episode, he shares his strategies, beliefs, experiences, and pieces of advice.
Networking and Building Great Relationships
Business is all about the people and relationships you build. Your network can be one of the main reasons for your success. Networking is so essential because meeting other people will open more doors and opportunities for your company. And through these people, you will be able to learn, grow, and scale faster! That is why it is also important to bear in mind that although they can bring a tremendous amount of value to you, dealing with the wrong people might harm your company’s image. Be cautious, take time in building important relationships, and look for people who are headed in the same direction as you.
The Importance of Giving Back
The beauty and power of giving back should never be underestimated. While doing this can also be good for your emotional health, the impact you could have on other people’s lives can be greater! No one has ever reached success without receiving help from other people. And yet, some of these people do not like to give back and want everything to be about them, unlike Kevin Dugan and his team, who are big believers in giving back. It doesn’t always have to be about money. Volunteering, helping, educating, and providing value are great ways to give back! You do not have to be rich or the smartest person in the room to start doing this. Just imagine that other people would be able to reach bigger and life-changing opportunities because of the help they received from you. However, this shouldn’t make you feel arrogant but more humble. Why? Because you must realize that in a certain period of your life someone has done this for you as well.
About Kevin Dugan:
Kevin Dugan is a serial entrepreneur with a diverse background in building remote teams, acquiring underperforming assets, construction management, asset management, and dynamic experience in industrial b2b robotics sales for the medical | aerospace | government |semiconductor | gas & oil sectors. He takes the complex and makes it simple.
He is currently the Managing Partner of Altus Investment Group, a fast-growing private equity firm with 35AUM that specializes in acquiring, repositioning, operating, and selling residential and commercial properties that are underperforming. His team implements systemized improvements and proven processes to maximize the net income of the assets. These investments did not achieve their potential due to poor management, operational inefficiencies, or outdated materials causing rents to drop below market values. Altus is vertically integrated with in-house property management, full-time general contractors, and an acquisition group.
He is big on education and teaches co-founded one of the fastest-growing multifamily meetup (MultiFamilyMasters.com) communities in Los Angeles that has grown rapidly to 7600 members in a little over a two.
He believes that holistic investing is an integral part of life. You should always be investing in yourself and your education, in your relationships and network, and your capital into secured investment vehicles. His passion is to create massive value and educate others to achieve financial freedom through active and passive real estate acquisitions.
A Los Angeles native, Mr. Dugan holds a degree from UC Berkeley with a concentration in Biology. He found his calling as an entrepreneur late in college after reading Rich Dad Poor Dad and is now on a mission to continuously create massive value for others.
The Cashflow Project
This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.
To learn more about us, visit tricityequity.com