The Diversify Show with Eric Lindsey
Looking for inspiration to elevate your business journey and personal development? Join us on the Diversify Show, where we spotlight high achievers who have successfully built businesses, investment portfolios, real estate businesses, and achieved massive success within various industries ranging from sports to academia. We place a strong concentration on the "how-to" side of things and personal development so that we can share in their success within our own lives as well. Tune in for expert interviews, practical tips, and the motivation you need to thrive as a high achiever.
The Diversify Show with Eric Lindsey
From Stem Cell Research and Engineering to Buying Apartments and Assisted Living Facilities: Early Retirement with Lauren Jacobs
Guest: Loren Jacobs, Co-Founder of Arrows Capital Group
Profile: Loren Jacobs is a seasoned commercial real estate professional with over a decade of experience. He holds equity in 750+ units, including 207 licensed CBRF beds, and manages assets totaling more than $100 million.
Episode Highlights:
- Background:
- A fifth-generation real estate expert, Loren began his career with a single-family rental in high school, gaining early experience in property management.
- Expanded into multifamily and commercial real estate while working a traditional job.
- Career Transition:
- Shifted from stem cell research to steam engineering, balancing a demanding job with growing his real estate portfolio.
- Invested in learning through books, seminars, and networking, which facilitated his entry into commercial real estate syndication.
- Syndication Focus:
- Specialized in underwriting and networking; established a weekly meetup and underwrote over 100 deals for practice.
- Secured partnerships by offering free underwriting services to gain experience.
- Arrows Capital Group:
- Co-founded with a partner to manage a senior living portfolio, focusing on high-barrier, low-competition markets.
- Transitioned to senior living in 2021 due to market saturation in multifamily real estate.
- Deal Structure:
- Utilizes bridge financing and refinances with HUD loans for stability.
- Emphasizes day-one cash flow and maintains conservative financial reserves.
Recent Deal: Recently closed on an assisted living portfolio with day-one cash flow and equity, utilizing a bridge-to-HUD financing strategy for long-term stability.
Moonlight Coaching Tips:
- Advice for New Syndicators: Understand the fundamentals, legalities, and deal structures. Be willing to work for free to gain experience and add value.
- Balancing Business and Life: Prioritize time management and make necessary sacrifices to balance education and real estate work.
- Starting in Assisted Living: Learn about both multifamily and senior living operations, find a mentor, and offer value before expecting returns.
- Passive Investing Benefits: Allows you to learn from experienced operators while earning returns and enjoying financial benefits.
Book Recommendation: The Go-Giver by Bob Burg – A short but impactful book that highlights the importance of a service-based mindset in business.
Contact Loren: Reach out via email: loren.jacobs@arrowscapitalgroup.com
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: ericlindseydiversify.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey