264 - From Marine to Multifamily: Wayne Courreges III's Journey and Expert Insights

264 - Mastering Real Estate Syndications with Wayne Courreges III 

 

Welcome to another episode of REIGN, the Real Estate Investor Growth Network podcast, hosted by the incomparable Jen Josey! In this episode, Jen is joined by the badass Wayne Courreges III, founder of CREI Partners, as they delve into the ins and outs of commercial real estate syndications. Wayne manages over $60 million in assets across Texas, Louisiana, and Alabama, helping busy professionals build generational wealth through passive investing. Tune in to learn from Wayne's journey from the Marine Corps to full-time real estate investing, discover actionable tips on leveraging social media for real estate success, and understand the critical underwriting techniques that ensure a deal works. Whether you're new to real estate or a seasoned investor, Wayne's insights and motivational analogies will provide invaluable knowledge and inspiration. Don't miss this exciting and educational episode that could transform your investment strategy!

 

00:00 Introduction to REIGN and Host Jen Josey

01:00 Leveraging Social Media for Real Estate Success

02:37 Introducing Wayne Courreges III

03:41 Wayne's Journey from Marine Corps to Real Estate

09:43 Understanding Real Estate Syndication

17:55 Investor Insights and Returns

26:43 The Importance of Solid Underwriting Techniques

30:48 Third Party Management and Debt Strategies

31:52 Underwriting and Risk Management

32:59 Insurance and Revenue Considerations

33:37 Introduction to CREI and Passive Investing

35:32 Red Flags in Syndication

36:32 Importance of Communication and Transparency

42:20 Opportunities in Real Estate Cycles

46:21 Personal Insights and Future Plans

46:42 Wayne's Book Recommendations and Advice

58:19 Defining Success and Wealth

 

Wayne is passionate about helping busy
professionals build generational wealth by offering
the opportunity to passively invest in commercial
real estate syndications. His company, CREI
Partners currently has over $60 million in assets
under management in Texas, Louisiana, and
Alabama.
To build wealth for investors, Wayne focuses
primarily on acquiring apartment communities and
developing RV/Boat and Business Storage in areas
with strong market fundamentals along with
strategic partner relationships.
His objective is to protect investor capital while
providing high yield returns and giving back to
communities.
Based out of Central Texas, Wayne leads the
investment lifecycle and investor relations for CREI
Partners as the Lead Sponsor and General Partner.
Wayne started his real estate journey while serving
in the US Marine Corps. After completing his
service as a Marine Corps Corporal in 2007, he
started a career with a Fortune 125 commercial
real estate firm that spanned 16 years before
focusing fulltime on real estate investments.

 

To learn more about Jen Josey, visit https://www.therealjenjosey.com/

To join REIGN, visit https://www.reignmastermind.com/

Stuff Jen Josey Loves: https://www.reignmastermind.com/resources

Buy Jen Josey’s Book: From Beginner to Badass: https://a.co/d/bstKlby