Selling Your Single-Family Portfolio Without the Tax Hit with Sharon Riddle, Ep 89

Journey to Multifamily Millions

Today's guest is Sharon Riddle, over her career, Sharon has worked in companies, non-profit organizations, and government agencies providing business solutions in the areas of software upgrades and business process analyses.

Sharon began investing in single-family real estate in 2005 with her husband and business partner, Dan. They started the transition to Multifamily in 2015 through education and passive investments in multifamily syndications, before pursuing a more active role.

Sharon emphasizes the importance of education, mentoring, and strategic planning in real estate investing. The discussion covers market trends, investment techniques, and changing goals, providing valuable insights for effective investing. Stay tuned!

Episode Topics

[01:14] Meet our guest, Sharon Riddle
[01:36] Sharon's Transition from Single Family to Multifamily Investing
[05:20] Navigating the 2008 Financial Crisis with Private Lenders
[12:12] The Shift to Multifamily and the Power of Stagger Sales
[13:34] Tax Strategies and the Benefits of Multifamily Investing
[19:59] The Future of Multifamily Investing and Market Insights
[23:26] What is one red flag every investor should look out for?
[24:05] What is a myth about the real estate business?
[26:43] Connecting to Sharon

Notable Quotes

• “Mentors, childhood background, and MBAs guided our real estate journey. With training on private lenders, we added properties to our portfolio." -Sharon Riddle
• "Scaling single-family homes became a challenge. Dallas Fort Worth's market clashed with our formula, prompting our shift to multifamily." -Sharon Riddle
• "Private lending gave us a unique advantage during the crisis. We capitalized when others struggled with bank loans." -Sharon Riddle
• "Diversifying with passive investing builds a cushion beyond relying solely on a job or a 401k." -Tim Little
• "Diversify income, utilize cross-skills to create businesses." -Sharon Riddle
• "Keep training and networking; you never know when you'll need to pull something out of your hat." -Sharon Riddle
• "Multiple streams of income are crucial; relying on one source is risky." -Tim Little
• "Start by passively investing to understand the responsibility before becoming a syndicator." -Sharon Riddle

👉 Connect with Sharon Riddle

• LinkedIn: Sharon Riddle
• Website: https://excalibretexas.com/
• Email: [e-mail]
• Telephone: [phone]

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [e-mail]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497