Creative Capital Podcast 34: From Technology Buff to Over 1,200 Units With Prashant Kumar

<p><span style="font-weight: 400;">A unique and phenomenal story of financial wealth is shared to us today by none other than Prashant Kumar! </span></p> <p><span style="font-weight: 400;">He is the Founder and Managing Partner of My Realty Gains. He has a strong technology and management background for the past 25 years. However, as he got closer to retirement, he realized that he wasn’t making enough passive income while working full time in the tech industry. So, he got himself engaged into multifamily investing over the last 5 years and has already scaled his portfolio to over 1,200 units! </span></p> <p><span style="font-weight: 400;">With so many goals in mind, he expanded his horizon from syndication into assisted living over the past 2 years. It's no wonder Prashant has gotten so far in life due to his whole perspective on business and life revolving around giving and making life better for others.</span></p> <p><span style="font-weight: 400;">Listen to this entire story in this episode to gain a few golden nuggets from Prashant’s life journey to financial freedom! </span></p> <p><strong>We discuss topics like:</strong></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">What sparked Prashant’s interest in real estate?</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How Prashant transferred from Technology professional to real estate syndicator with such ease.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Did he have a mentor going into this new transition of business or has he always just been a mentor to others?</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Learning the strategies when buying assets such as value add, stabilization, better management, etc.</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How did Prashant buy the deals that he didn’t syndicate?</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Learning some strategies in raising a signifi