191. Passive Alternative Investments for the Average Joe with Patrick Grimes

Join Mike Cavaggioni with Patrick Grimes on the 191st episode of the Average Joe Finances Podcast. Patrick shares how to truly diversify your real estate investments with non-correlated assets, and partner up for effective scaling. 

In this episode, you’ll learn:

• Understand the importance of diversifying real estate investments and integrating non-correlated assets for risk reduction.
• Gain insights into the advantages of forming partnerships in real estate investing to maximize growth.
• Uncover the key role education and networking play in enhancing personal finance knowledge.
• Embrace the process of taking action and starting small to excel in personal finance management.
• And so much more!

About Patrick Grimes:

Patrick has fifteen years of experience in active real estate investment: purchasing distressed assets, renovating, and stabilizing for long-term cash flow. His portfolio includes controlling ownership over 4000 units in emerging markets across Texas and the South Eastern United States.

In addition to his real estate experience, Patrick holds a Bachelor of Science in Mechanical Engineering from the University of the Pacific, and a Master of Business Administration and a Master of Science in Engineering from San Jose State University. He has spent 15 years in corporate America working for machine design firms to concept, design, and build one-of-a-kind custom manufacturing automation and robotic systems. In addition to working closely with the technical engineering teams, he travels globally to negotiate contracts and secure multi-million dollar investments for automation programs. He has leveraged his corporate experience and real estate knowledge to help pave the way for future success.

Find Patrick on:

Website: https://investonmainstreet.com/

LinkedIn: https://www.linkedin.com/in/patricksgrimes/

Average Joe Finances®

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Important Tools and Resources that I Use

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CRM Tool: www.averagejoefinances.com/crm

Pay Off Your Mortgage in 5-7 Years:

www.theshredmethod.com/averagejoefinances

https://bit.ly/replaceyourmortgage

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Make Real Estate Investing Easier with DealMachine:

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Podcast Editing Services: www.editpods.com

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