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202. Helping Yachting Professionals Invest Passively And Actively with Scott Kidd

The Wake Up Call

Release Date: 04/18/2023

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More Episodes

Real 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:  

  • Scott Kidd's background and entry into the real estate business

  • The influence of Kidd's experience as a yacht captain on his real estate investment approach

  • Importance of teamwork in both real estate and yachting

  • Advice on capital raising for new investors

  • Kidd's enjoyment of both real estate and yachting careers

  • Real estate deal in Houston for accredited and non-accredited investors

  • Property description: Class A with 224 units and a light value add, assumable HUD loan

  • The importance of sticking to your plan and not listening to naysayers

 

► Resources

How can I help you? 

Book a 1 on 1 strategy session here:  https://shorturl.at/0Vntd

Group coaching with me, Peter Conti, and the Real Estate 101 team: https://shorturl.at/iDEcS

Opt in to my newsletter here https://shorturl.at/kxMO8

My social media accounts https://linktr.ee/pauldavidthompson

Check out my blog here:https://pauldavidthompson.com/blog/

Build your real estate portfolio hassle free with me and SHARE. Book a call with us here. https://calendly.com/sfrteam/pdt-share?month=2024-04

Free guide 'Making Offers Sellers Can't Resist': https://bit.ly/offerguide

 

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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.

 

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