))
Rust Belt Riches: How Steven Speck Went Big in Real Estate
Manage episode 427167769 series 3460277
Content provided by Matt Drouin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt Drouin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In this episode of the Go Big Live Real Estate Investors Podcast, host Matt Drouin sits down with Steven, Managing Partner of Rust Belt Capital. They delve into Steven's background, his shift from commodity trading to real estate, and his pursuit of building multigenerational wealth. The conversation covers the significance of due diligence, leveraging properties, and the strategic growth of Rust Belt Capital. Steven shares valuable insights on scaling up in real estate, the importance of building relationships, and how his first big deal—a 64-unit apartment complex—unfolded.
00:21 Guest Introduction: Steven's Background and Rust Belt Capital
01:11 The Appeal of the Rust Belt
03:29 Steven's Journey into Real Estate
06:32 From Stocks to Real Estate: A Strategic Shift
14:44 The Power of Leverage in Real Estate
18:23 Creative Financing and Scaling Up
21:02 Diving into the First Big Deal
22:10 Seizing the Opportunity
23:35 Lessons from Due Diligence
25:42 Building Relationships and Networks
28:47 Partnering with Nate
31:47 Avoiding Costly Mistakes
33:28 Calculating Contingencies
36:03 Actionable Steps for Scaling Up
39:15 Connecting with Rust Belt Capital
Connect with Steven:
Linkedin: https://www.linkedin.com/in/stevenspeckii/
Instagram: @steven_speck
101 episodes
Share
