JF3022: The Progression from Active to Passive Investing ft. Emma Powell

<p>Emma Powell is the owner of Highrise Group, where she works as a multifamily owner, operator, and capital raiser. In this episode, she tells us about the investing strategies she has used to work toward her goal of becoming a purely passive investor, the deals she’s doing right now, and how her biggest financial loss helped her pivot her business in a major way. </p> <p><br /> <br /></p> <h2><strong>Emma Powell</strong> <strong><span style= "color: #555555;">|</span></strong> <strong>Real Estate Background</strong></h2> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Owner of Highrise Group, where she works as a multifamily owner, operator, and capital raiser. She and her husband, an IT developer, invest their own capital as well as partner capital, run a joint-venture investing club, and syndicate for limited partners.</span></li> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Portfolio:</span> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="1">GP of:   <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="3"><span style= "color: #000000;">10 residential units</span></li> <li style="color: #000000;" aria-level="3"><span style= "color: #000000;">75 multifamily units (co-managing partners)</span></li> <li style="color: #000000;" aria-level="3"><span style= "color: #000000;">490 units as minor/non-controlling GP</span></li> <li style="color: #000000;" aria-level="3"><span style= "color: #000000;">265 multifamily units and short-term rentals in new development</span></li> <li style="color: #000000;" aria-level="3"><span style= "color: #000000;">34 multifamily units and 156 multifamily entitled units sold/full cycle</span></li> </ul> </li> </ul> </li> </ul> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="1"><span style= "color: #000000;">Based in: Salt Lake City, UT</span></li> </ul> <ul style="font-size: 18px;"> <li style="color: #000000;" aria-level="1"><span style= "colo