202. Helping Yachting Professionals Invest Passively And Actively with Scott Kidd
Release Date: 04/18/2023
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info_outlineReal estate investment has always been an attractive opportunity for those who seek financial stability and growth. For Scott Kidd, a multifamily real estate investor and yacht captain, the journey towards achieving success in the real estate industry has been an exciting one.
In this episode, Scott Kidd shares his background and experience in both fields, highlighting how his time as a yacht captain has influenced his approach to investing. He also talks about the importance of teamwork and shares advice on capital raising for those new to the process. Join his meetup group, Yachtie Real Estate Investors, to connect with like-minded individuals and gain more knowledge on real estate investing.
Don't miss out on the opportunity to learn from someone who has successfully balanced two careers and is passionate about sharing his experience with others. Start your journey toward financial stability and growth today.
Key Points From This Episode:
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Scott Kidd's background and entry into the real estate business
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The influence of Kidd's experience as a yacht captain on his real estate investment approach
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Importance of teamwork in both real estate and yachting
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Advice on capital raising for new investors
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Kidd's enjoyment of both real estate and yachting careers
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Real estate deal in Houston for accredited and non-accredited investors
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Property description: Class A with 224 units and a light value add, assumable HUD loan
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The importance of sticking to your plan and not listening to naysayers
Follow Scott Kidd
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Website | www.yachtierei.com
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Facebook | Yachtie Real Estate Investors
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LinkedIn | Scott Kidd
About Scott Kidd
Scott Kidd has over 25 years of maritime experience, including new builds, refits, project management, and yacht management. He is a licensed USCG Master of 1600 US tonnage / 3000 international tons in all oceans. With a background in IT and a strong mechanical background in maritime, transportation, machinery, and heavy equipment. In this career, he has cruised the Mediterranean, Gulf Coast (including Mexico), Great Lakes, Atlantic Canada to Florida, Caribbean, Bahamas, and South China Sea, onboard vessels of many types and sizes. Scott Kidd is also a member and mentor for Legasea, a social platform developed to see the maritime industry at its best.
Scott Kidd has been a real estate investor for the past few years, and currently invests in multi-family apartments. He has invested as a Limited Partner in apartments in the Columbus, Ohio area, along with multifamily apartments in the Daytona Beach area, and apartments in West Palm Beach. The limited partnership is a syndication, and the two other properties are joint ventures. He also runs a meetup group called Yachtie Real Estate Investors in Fort Lauderdale.
Join the Community
I'd love to hear your comments and questions about this episode. Here are some great ways to stay in touch or get involved in the My Freedom Foundry Community!
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FREE Facebook Group - My Freedom Foundry - Free Yourself With Real Estate Investing | www.facebook.com/groups/myfreedomfoundry
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Freebies and Resources To Help You Excel Your Business | www.pauldavidthompson.com/work-with-me
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Grab your copy of my best-selling book: ESCAPE: Money Mindset to Freedom with Stocks, Real Estate, and Starting Your Own Business HERE.
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