Episode #261: Prioritizing Your Own Portfolio with David Robinson

Passive Income Through Multifamily Real Estate

Being a successful real estate broker should not stop you from managing and caring for your portfolio of investments, especially as you grow in stature in the field. Today's guest, Canovo Capital's CEO and Founder, David Robinson, took some time to realize that he needed to make space to invest for himself too, and in this episode, we hear from him about exactly what that has meant. Canovo is a boutique real estate investment firm situated in Salt Lake City, and our guest is also the host of The Lead Sponsor podcast, where he helps to educate his audience on making better deals and partnerships. In this insightful conversation, we get to hear from David about understanding the values of your potential partners, managing the criteria you use for evaluating opportunities, and nurturing your relationships with investors through the different seasons of the market. So if you want to take your brokering, deal hunting, and personal investment to the next level, press play!

Key Points From This Episode:

• David's professional background and path to his particular focus in real estate.
• The markets that David focuses on for his own portfolio; avoiding conflicts of interest.
• Experiences with client education and the organic process that David and Canovo have gone through.
• The types of properties that David and his team focus on and the emphasis he places on diversification.
• Finding the best operators to work with and the lessons that David has learned about vetting.
• David unpacks his process of raising capital and what he calls 'the 48-hour raise'
• Managing long-term investors through slower and quieter periods.
• The trend towards more conservative investment in the last year and how brokers can continue to serve during this time.
• Opportunities and obstacles in the near future; David talks about the links between chaos and new deals.
• How David's father's near-death experience has kept him very motivated and dedicated to providing for his family.
• Managing stress through exercise; David's commitment to his CrossFit practice.
• Connecting with David online and a great free resource offered by our guest!

Links Mentioned in Today’s Episode:

David Robinson on LinkedIn

Canovo Capital

The Lead Sponsor Podcast

Return on Equity Report

Vertical Street Ventures

Passive Income Through Multifamily Real Estate Facebook Group

Peter Pomeroy on LinkedIn

Peter Pomeroy Email