In the latest episode of Investors Therapy, Jordan chats with Chip Chapin, a tech employee–turned–investor, about his family’s experience with the Great Depression, selling the family farm, working with commercial real estate, and much more! Stay tuned for the second half of the interview to hear the full breadth of knowledge both men have to offer.
In this talk, you’ll learn about:
- Chip’s family’s real estate history
- How this history influenced his investment decisions
- How Chip used his mistakes to make future profit
- The complications within partnerships
- Insight on leasing and leasing agents
- Chip’s methodology on how to approach real estate
- Emotional traps that held Chip back and how to mitigate them
- And a ton of essential tips on how to become a successful investor!
Notes from the Talk:
1:57: Chip’s Career and Investment Background
5:19: Chip’s Family’s Experience with Real Estate and The Great Depression
8:35: How to Mitigate Loss of Cash Flow Within Speculative Investments
10:51: Apartment Investment Issues and Complications
14:57: Chip’s First Investment Experience
19:22: Selling at a Loss and the Write Off Benefits
23:00: Chip’s Shared Family Farm Experience
26:26: Managing Property with Multiple Owners
30:54: How Partnerships Operate
32:57: The Trouble with Tenants in Common
36:36: What Triple Net Means and Examples
41:01: What is Cap Rate and Examples
44:28: Benefits and Disadvantages of a Ground Lease
47:37: Conservative vs Aggressive Ideology Toward Investment
49:35: How Chip Chose Deals
53:59: Multiple Tenants vs Single Tenant Deals
55:59: Importance of a Property Manager
59:54: How Commercial Leasing Agent and Leasing Works
1:04:35: How Chip Negotiated Leases
1:10:42: Emotional Traps: Emotional Checks and Investment Journals
What is the Silicon Valley Investors Club?
The Silicon Valley Investors Club (SVIC) is a community created by and for technology professionals who are interested in becoming more discerning, knowledgeable, and profitable investors. Our members are dedicated to learning how to make wise investments in real estate, stocks, bonds, startups, company acquisitions, and financial planning by discussing investment strategies and experiences. Each day, a story related to investing will be posted to the group’s Facebook page to serve as a jumping-off point for in-depth, quality discussions among like-minded investors. Make sure to join our Facebook Group and LinkedIn Group.