#444 How to Diversify Your Investments With Car Wash Assets

Dan Handford has an extensive successful background in starting multiple seven-figure businesses from scratch including a large group of non-surgical orthopedic medical clinics located in South Carolina.

He is the founder of the Multifamily Investor Nation where he educates a nationwide group (40,000+ members) on how to properly invest in multifamily assets. In addition to multifamily, Dan is also active in a number of other niche asset classes including express car washes, self-storage, as well as a debt fund.

Quote:

"I had to step away from my Chiropractic practice to take care of my big tax problem. I was working all year long to pay these huge amounts in taxes."

Highlights:

06:15: The importance of taking care of your investors

08:20: How Dan communicates with his investors

09:55: Proactive communications with investors and how that leads to repeat investment

12:05: Reinvesting profits to grow your team so you can scale

13:20: Making sure you have the right team in place for every asset class

17:05: Investing in express car wash assets

21:30: Improving your monthly recurring revenue from car wash memberships

25:00 Changes in the car wash real estate space

30:00: How economic changes have impacted car washes

37:15: Investing in cryptocurrency to diversify your assets

Guest Website:

https://www.passiveinvesting.com/

Recommended Resources:

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• If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.
• Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.
• Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.
• Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.