156. Having the Freedom to Live Life in Your Own Terms through Financial Independence with Chris Larsen
- 156. Having the Freedom to Live Life in Your Own Terms through Financial Independence with Chris Larsen Sujata Shyam 32:01
Title: Having the Freedom to Live Life in Your Own Terms through Financial Independence with Chris Larsen
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Chris Larsen is the founder and Managing Partner of Next-Level Income, through which he helps investors become financially independent through Education and investment opportunities. Chris has been Investing in and managing Real Estate for over 20 years. While completing his degree in Biomechanical Engineering and M.B.A. in Finance at Virginia Tech, he bought his first single family rental at age 21. During his subsequent career in the medical device industry, Chris expanded into development, private-lending, buying distressed debt as well as commercial offices, and ultimately syndicating multifamily properties. He began syndicating deals in 2016 and has been actively involved in over $400 million of real Estate acquisitions.
In addition to real estate, Chris has invested in equities, oil & gas, and small business lending, as well as being active in Venture South, one of the nation’s Top 10 Angel Investing groups. Chris lives with his wife and two boys in Asheville, NC where he loves spending time with them outdoors and enjoying the food and culture that the region has to offer.
Let’s hear more of his story!
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[00:01 – 06:46] Opening Segment
- Let’s welcome my guest for today’s show, Chris Larsen
- Chris shares his background and how he got into the Real Estate space
- His best friend’s death and his investing path
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[06:47 – 30:29] Take it to the next levelÂ
- Day trading in the 90’s – the parallels then and now
- Real Estate cyclesÂ
- Be careful!
- Characterizing the mid-cycle slow downÂ
- Overlay over these cycles
- Different demographic segments, different rent rates
- How Chris is preparing for the next 3 to 5 years
- We don’t have enough
- Conscious capitalism
- Things that supercharged Chris’ investing to the next level
- Hire mentors for your better good!
- Development is an opportunity to flex your creative muscles
- Get really good at solving problems
- Important metrics for evaluating investments
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[30:30 – 32:00] Closing SegmentÂ
- Final Words
- Connect with my guest, Chris, in the links below
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Resource Mentioned:
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Tweetable Quotes
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“One of my strengths is my discipline and regimented activities.” – Chris Larsen
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“There’s data that if you lose somebody at a young age, it changes you. . . There’s a correlation between successful people and losing somebody at a young age.” – Chris Larsen
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“History doesn’t repeat itself, but it rhymes.” – Mark Twain
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Shoot Chris a message through his email, chris@nextlevelincome.comÂ
Give him a call at 828-768-8700, and video call at Skype
Follow him at Facebook, Instagram, and LinkedIn
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Get a free copy of Chris’ book by going to their website: https://www.nextlevelincome.com/
WANT TO LEARN MORE?
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Connect with me through LinkedIn
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Or send me an email sujata@luxe-cap.com
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Visit my website www.luxe-cap.com or my YouTube channel
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Thanks for tuning in! Â
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