cover of episode 203. When and Why to Diversify in Real Estate with Pascal Wagner

203. When and Why to Diversify in Real Estate with Pascal Wagner

2024/10/21
logo of podcast Real Estate Investing School Podcast

Real Estate Investing School Podcast

Shownotes Transcript

In this episode of the Real Estate Investing School Podcast, host Joe Jensen welcomes Pascal Wagner, a seasoned investor with a diverse portfolio and a passion for passive income. Pascal shares his journey from managing his parents’ estate to building a portfolio of 12 properties in Atlanta, Georgia, where he now manages over 104 tenants.

His experience in venture capital, where he deployed over $150 million, gave him the foundation to shift toward more personal investments, resulting in an impressive $265,000 annual passive income. Pascal and Joe discuss the nuances of passive investing and what it truly means to manage a diversified portfolio.

Throughout the conversation, Pascal dives into how he started in real estate, beginning with house hacking with a friend and progressing to managing co-living spaces. He shares valuable insights on balancing active and passive strategies, emphasizing the importance of diversification across different asset classes like multifamily, self-storage, and even oil and gas. Pascal also explains his shift from hands-on management to hiring teams to free up his time, allowing him to focus on long-term wealth strategies that reduce risk.

The episode is packed with actionable advice for real estate investors at all stages. From understanding the complexities of property management to knowing when and how to diversify, Pascal offers lessons learned from both successes and failures. Ready to take your real estate investing game to the next level? Book a free one-on-one strategy call with one of our experienced coaches and see how we can help you grow your portfolio, no matter your experience level! Book a free real estate investing strategy call! No experience necessary.) Check out the Real Estate Investing School Youtube) Real Estate Investing School Instagram) Brody’s Instagram) Joe’s Instagram)

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