10 Years for Deal #1, Now 1,000 Units with Amy Sylvis, Ep. 478
Amy Sylvis has always been drawn to freedom, growth, and expansion and knew that she could serve even more people by investing in multifamily real estate. She is continuing to grow her portfolio with the goal of achieving the 5 freedoms. Prior to working in multi-family real estate, Amy spent 13 years in the pharmaceutical and biotech industries. She was attracted to the industry because of her previous health challenges and wanted to help others navigate illness. Today, Amy is the founder and principal of Sylvis Capital with apartment investments in Alabama, Indiana, Georgia, Tennessee, and Texas. We talked to Amy about overcoming her health challenges, investing in multifamily, and building relationships with investors. Announcement: Click here to join me and other top real estate investors for the Midwest Real Estate Networking Summit! [00:01] Opening Segment Amy talks about what they do at Sylvis Capital; She talks about how Rich Dad Poor Dad led her to her commercial real estate journey; [05:39] Leveraging Covid How she closed her first deal after she got her health in 2020; Why you should consider investing passively; How she leveraged Covid; How to manage the scale and growth; Podcasts, social media, and networking groups; [14:45] Relationships with Investors Opportunities in 2023; Risk mitigation and managing expectations; Deep relationships and transparent conversations with investors; Podcasts, social media, and networking groups; Multifamily vs. Single family; Amy talks about her charitable contributions; Announcement: Download Our Sample Deal and Join Our Mailing List [27:13] Round of Insights Apparent Failure: 10 years of trying to break into the real estate industry Digital Resource: datausa.io Most Recommended Book: The Creature from Jekyll Island Daily Habit: Doing the miracle morning savers #1 Insight for Multifamily Investing: Identify markets that have positive economic, political migration trends. Best Place to Grab a Bite in LA: Milo & Olive Contact Amy: To learn more go to sylviscapital.com. You can join Amy’s webinar by clicking here. You can also connect with her on LinkedIn. Tweetable Quotes: “The why behind something can really drive you.” - Amy Sylvis Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.