REM 30: Travis Smith - Group Investing with Friends & Family

Teamwork is one of the most powerful ways to succeed in real estate because a team can accomplish things you could have never done alone. 

The wealthiest real estate investors have known this all along, which is why they have been forming partnerships for centuries. However, it has not been easy for ordinary investors to group invest until today’s guest began making his dream a reality!

Travis Smith and his brothers wanted to begin investing in real estate, but none of them had enough capital to go at it alone, so they decided to pool their minds and money. After 3 long months of struggling to form an LLC and organize their funds, they finally were able to start searching for deals.

However, Travis knew there had to be a better way, which led him to found TribeVest!

TribeVest is a collaborative group investing platform that enables friends and family to organize as an investor group, pool money, and manage joint investments in as little as two days!

In today’s episode, we discuss…

• How to find partners who have strengths that are compatible with yours
• What drew Travis and his brothers toward real estate investing
• Why lowering the barriers of entry into real estate is one of Travis’ passions
• The craziest investments ever made on TribeVest!

If you want to hear the story of how a market-disrupting technology is created and learn why TribeVesting might be the best entry into real estate for you, this episode may lead to endless possibilities!

Keep Making Milestones, 
Ben Malech

If you want to learn more about Travis, you can find him at:
TribeVest: https://www.tribevest.com/
LinkedIn: https://www.linkedin.com/in/travissmithmovethechannel/

To learn more about Ben, connect with him through:
Ben’s Website: https://benmalech.com/
Ben’s LinkedIn: https://www.linkedin.com/in/benjamin-malech/
Ben’s email: [email protected]

Resources Mentioned:
The Lean Start-Up - Eric Ries
Rich Dad, Poor Dad - Robert Kiyosaki

Shownotes:
0:50 - Meet Travis Smith
2:05 - What is TribeVest?
3:30 - Partnering with people to invest
4:30 - Building wealth with your family or friends
7:25 - Advantages of forming a team
10:30 - What it takes to be a real estate investor 
12:30 - The magic of looking for deals
16:40 - The shift to the investor mindset
19:00 - How TribeVest works
21:30 - Who would benefit from TribeVest?
24:00 - Investing in racehorses and whisky with TribeVest?
27:30 - How TribeVest manages your money
30:15 - Lightning Round!
33:15 - Advice if you are starting out
35:30 - Pain + Reflection = Growth
36:40 - Tribevest in its final form

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