Episode 103: Why Venture into Syndication & Self-Storage Market?

Carlo Piccirillo, Managing Director of Manas Equities, shares his journey from a W2 employee to a successful entrepreneur and investor. Born into a family that invested in rent-stabilized properties, Carlo learned the value of real estate early on. He talks about the challenges of rent-stabilized properties in New York and how he, along with his partners, navigated the market shifts.

 Tune in to gain insights into Carlo's mindset and strategies for expanding a diverse property portfolio through syndication and ventures into the self-storage market.


Enjoy this episode on your favorite podcast platform

✅ Apple →  https://podcasts.apple.com/gb/podcast/why-venture-into-syndication-self-storage-market/id1625806145?i=1000653668389
✅ Youtube → https://www.youtube.com/@hanneshennche


Let’s Stay Connected

✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/


Connect with Carlo Piccirillo

✅ LinkedIn → https://www.linkedin.com/in/carlo-piccirillo-2158aa6/
✅ Website →  https://manasequities.com/


Time Stamps

00:00:49 - Entering Rent-Stabilized Properties
00:02:25 - Challenges in Rent-Stabilized Properties
00:04:11 - Affordable Housing and Market Dynamics
00:05:10 - Shift in Ownership and Market Players
00:07:13 - Personal Experiences and Tenant Relationships
00:08:08 - Corporate vs. Personal Management Styles
00:09:19 - Market Trends and Property Values
00:10:06 - Political Influence and Real Estate Policies
00:16:05 - Financial Mindset and Family Influence
00:25:06 - Distractions and Focus in Modern Investing
00:34:04 - Exploring New Markets: Self-Storage Facilities
00:36:58 - Community and Real Estate
00:43:06 - Spirituality and Personal Life

Sound Bites

"Rent-stabilized market has historically been kind of like a small business owner."

"I think that we need a dosage of humble pie every so often to just realize how small we are and how many things can impact us that we can't control."

"When you do the right things because you want to do the right thing, sometimes it pans out in your favor and sometimes it doesn't. But I think overall, you're going to get a return in one way or another."

"If you just hit a pot of gold and you don't know how you made it, you're just as scared to lose it because you haven't actually built the skill set or the perseverance or the patience to do it again."

#thepathtowellth #realestate #realestateinvesting #syndication #selfstorage #passiveincome #wealthbuilding #mindset #passion #financialfreedom