{"id":9914,"date":"2023-10-18T06:21:25","date_gmt":"2023-10-18T13:21:25","guid":{"rendered":"https:\/\/bonavestcapital.com\/podcast\/?p=9914"},"modified":"2023-10-19T07:53:53","modified_gmt":"2023-10-19T14:53:53","slug":"sa806","status":"publish","type":"post","link":"https:\/\/bonavestcapital.com\/podcast\/sa806\/","title":{"rendered":"SA806 | Making Money When Others Worry: Business Resilience Tips with Patrick Grimes"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"9914\" class=\"elementor elementor-9914\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-292ccb3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"292ccb3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M790.5,93.1c-59.3-5.3-116.8-18-192.6-50c-29.6-12.7-76.9-31-100.5-35.9c-23.6-4.9-52.6-7.8-75.5-5.3\n\tc-10.2,1.1-22.6,1.4-50.1,7.4c-27.2,6.3-58.2,16.6-79.4,24.7c-41.3,15.9-94.9,21.9-134,22.6C72,58.2,0,25.8,0,25.8V100h1000V65.3\n\tc0,0-51.5,19.4-106.2,25.7C839.5,97,814.1,95.2,790.5,93.1z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-307f24d1\" data-id=\"307f24d1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0a212e3 elementor-widget elementor-widget-heading\" data-id=\"0a212e3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SA806 | Making Money When Others Worry: Business Resilience Tips with Patrick Grimes<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ffe13ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ffe13ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7eaef7d\" data-id=\"7eaef7d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a472c76 elementor-widget elementor-widget-html\" data-id=\"a472c76\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"buzzsprout-player-13801194\"><\/div><script src=\"https:\/\/www.buzzsprout.com\/1368325\/13801194-sa806-making-money-when-others-worry-business-resilience-tips-with-patrick-grimes.js?container_id=buzzsprout-player-13801194&player=small\" type=\"text\/javascript\" charset=\"utf-8\"><\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-885b712 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"885b712\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f935bc0\" data-id=\"f935bc0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-900619c elementor-widget elementor-widget-html\" data-id=\"900619c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\r\n\t<div id=\"podcast-subscribe-button-1033\" class=\"secondline-psb-radius-style secondline-psb-alignment-none\">\r\n\t\t\r\n\r\n<div class=\"secondline-psb-subscribe-icons\"><span class=\"secondline-psb-subscribe-iTunes\"><a title=\"iTunes\" onMouseOver=\"this.style.color=`#000000`; 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Join us and learn how to supercharge your business and make the most of your financial resources today.<\/span><\/p><p><b>Key Takeaways to Listen for<\/b><\/p><ul><li aria-level=\"1\"><span style=\"font-weight: 400;\">Why you should start investing in multifamily real estate<\/span><\/li><li aria-level=\"1\"><span style=\"font-weight: 400;\">Recessionary acquisition fund: What it is and the advantages of having one<\/span><\/li><li aria-level=\"1\"><span style=\"font-weight: 400;\">Key criteria for buying properties from distressed sellers<\/span><\/li><li aria-level=\"1\"><span style=\"font-weight: 400;\">How investors benefit from a recessionary income fund<\/span><\/li><li aria-level=\"1\"><span style=\"font-weight: 400;\">Strategies to efficiently find deals from distressed owners<\/span><\/li><\/ul><p><b>Resources Mentioned in This Episode<\/b><\/p><ul><li aria-level=\"1\"><a href=\"https:\/\/tiger21.com\/\"><span style=\"font-weight: 400;\">TIGER 21<\/span><\/a><\/li><li aria-level=\"1\"><a href=\"https:\/\/www.forbes.com\/sites\/forbesbusinesscouncil\/2022\/06\/03\/how-multifamily-syndications-can-protect-your-assets-better-than-single-family-homes\/?sh=2cd6d7f912e7\"><span style=\"font-weight: 400;\">How Multifamily Syndications Can Protect Your Assets Better Than Single-Family Homes<\/span><\/a><\/li><li aria-level=\"1\"><a href=\"http:\/\/intel.com\"><span style=\"font-weight: 400;\">Intel<\/span><\/a><\/li><li aria-level=\"1\"><a href=\"http:\/\/tesla.com\"><span style=\"font-weight: 400;\">Tesla <\/span><\/a><\/li><li aria-level=\"1\"><a href=\"http:\/\/lockheed.com\"><span style=\"font-weight: 400;\">Lockheed Martin<\/span><\/a><\/li><li aria-level=\"1\"><a href=\"https:\/\/www.abbott.com\/\"><span style=\"font-weight: 400;\">Abbott<\/span><\/a><\/li><li aria-level=\"1\"><span style=\"font-weight: 400;\">Persistence, Pivots and Game Changers, Turning Challenges Into Opportunities by Patrick Grimes | <\/span><a href=\"https:\/\/amzn.to\/3Q8Fc9I\"><span style=\"font-weight: 400;\">Paperback<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/amzn.to\/48DrB1s\"><span style=\"font-weight: 400;\">Hardcover<\/span><\/a><\/li><li aria-level=\"1\"><a href=\"https:\/\/www.forbes.com\/sites\/forbesbusinesscouncil\/2022\/06\/03\/how-multifamily-syndications-beat-single-family-for-accelerating-retirement\/?sh=5800301f310d\"><span style=\"font-weight: 400;\">How Multifamily Syndications Beat Single Family For Accelerating Retirement<\/span><\/a><\/li><li aria-level=\"1\"><a href=\"https:\/\/bonavestcapital.com\/checklist\/\"><span style=\"font-weight: 400;\">Apartment Syndication Due Diligence Checklist for Passive Investor<\/span><\/a><\/li><\/ul><p><b>About Patrick Grimes<\/b><\/p><p><span style=\"font-weight: 400;\">Patrick is the CEO and founder of Passive Investing Mastery and Invest On Main Street. His real estate portfolio, valued at over $600 million, includes 5,000 units in the southeastern United States and Texas. Since 2007, Patrick has been actively involved in real estate investment, specializing in purchasing, renovating, and stabilizing distressed assets to generate long-term cash flow for investors. Additionally, his expertise in real estate has led to his induction into the Forbes Real Estate Council and co-authoring the Amazon #1 best-selling book, &#8220;Persistence, Pivots and Game Changers, Turning Challenges Into Opportunities.&#8221;<\/span><\/p><p><span style=\"font-size: 16px;\">\u2014<\/span><\/p><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><div data-id=\"f00186b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\"><div><div><div data-controller=\"convert-links-to-open-in-new-tab\" data-target=\"tabs.panel\" data-tabs-panel=\"description\"><p><b>To Connect With Us<br \/><\/b>Please visit our website:\u00a0<a href=\"https:\/\/bonavestcapital.com\/podcast\/\">www.bonavestcapital.com<\/a>\u00a0and please click\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/how-did-they-do-it-real-estate\/id1532853594\">here<\/a>, to leave a rating and review!<\/p><p><b>Sponsors<\/b><\/p><p><b><em>Grow Your Show, LLC<\/em><\/b><\/p><p><em>Thinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?<br \/>Visit\u00a0<\/em><a href=\"https:\/\/growyourshow.com\/\" target=\"_blank\" rel=\"noopener\"><em>GrowYourShow.com<\/em><\/a><em>\u00a0and Schedule a call with Adam A. Adams.<\/em><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c263d61 elementor-widget elementor-widget-heading\" data-id=\"c263d61\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Connect with Patrick:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4024983 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4024983\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-384b0e8\" data-id=\"384b0e8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79bf548 elementor-widget elementor-widget-text-editor\" data-id=\"79bf548\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Website: <\/span><a href=\"https:\/\/investonmainstreet.com\/\"><span style=\"font-weight: 400;\">Invest on Main Street<\/span><\/a><span style=\"font-weight: 400;\"> | <\/span><a href=\"https:\/\/passiveinvestingmastery.com\/\"><span style=\"font-weight: 400;\">Passive Investing Mastery<\/span><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-780c7b8 elementor-widget elementor-widget-heading\" data-id=\"780c7b8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div 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class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M0,6V0h1000v100L0,6z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3d19a37\" data-id=\"3d19a37\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e282568 elementor-widget elementor-widget-spacer\" data-id=\"e282568\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a241e0 elementor-widget elementor-widget-heading\" data-id=\"2a241e0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Related Episodes<\/h5>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dc5cd7 elementor-widget elementor-widget-spacer\" data-id=\"7dc5cd7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SA806 | Making Money When Others Worry: Business Resilience Tips with Patrick Grimes Patrick Grimes Uncover the keys to making your business thrive, even during economic downturns, with Patrick Grimes as he shares strategies for identifying motivated sellers and securing highly profitable properties. Join us and learn how to supercharge your business and make the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":9916,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[553,50,849,566,854,122,848,437,852,847,853,181,70,856,696,247,33,855,851,846,101,816,845,850,211,66,56,79,110,108],"class_list":["post-9914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-acquisitions","tag-aileen-prak","tag-alternative-investing","tag-apartments","tag-asset-protection","tag-capital","tag-capital-gains","tag-cash-flow","tag-developers","tag-distressed-assets","tag-foreclosure","tag-funds","tag-how-did-they-do-it","tag-income-fund","tag-insurance","tag-interest-rates","tag-investments","tag-investor-base","tag-loan-bridge","tag-mechanical-engineer","tag-multifamily","tag-passive-investor","tag-patrick-grimes","tag-pre-developments","tag-properties","tag-property-manager","tag-real-estate","tag-seyla-prak","tag-single-family","tag-stocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SA806 | Making Money When Others Worry: Business Resilience Tips with Patrick Grimes - Bonavest Capital<\/title>\n<meta name=\"description\" content=\"Uncover the keys to making your business thrive, even during economic downturns, with Patrick Grimes as he shares strategies for identifying motivated sellers and securing highly profitable properties. Join us and learn how to supercharge your business and make the most of your financial resources today. Key Takeaways to Listen for Why you should start investing in multifamily real estate Recessionary acquisition fund: What it is and the advantages of having one Key criteria for buying properties from distressed sellers How investors benefit from a recessionary income fund Strategies to efficiently find deals from distressed owners Resources Mentioned in This Episode TIGER 21How Multifamily Syndications Can Protect Your Assets Better Than Single-Family Homes Intel Tesla Lockheed Martin Abbott Persistence, Pivots and Game Changers, Turning Challenges Into Opportunities by Patrick Grimes | Paperback and Hardcover How Multifamily Syndications Beat Single Family For Accelerating Retirement Apartment Syndication Due Diligence Checklist for Passive Investor About Patrick Grimes Patrick is the CEO and founder of Passive Investing Mastery and Invest On Main Street. His real estate portfolio, valued at over $600 million, includes 5,000 units in the southeastern United States and Texas. Since 2007, Patrick has been actively involved in real estate investment, specializing in purchasing, renovating, and stabilizing distressed assets to generate long-term cash flow for investors. Additionally, his expertise in real estate has led to his induction into the Forbes Real Estate Council and co-authoring the Amazon #1 best-selling book, &quot;Persistence, Pivots and Game Changers, Turning Challenges Into Opportunities.&quot;\u2014To Connect With Us Please visit our website:\u00a0www.bonavestcapital.com\u00a0and please click\u00a0here, to leave a rating and review! Sponsors Grow Your Show, LLC Thinking About Creating and Growing Your Own Podcast But Not Sure Where To Start? Visit\u00a0GrowYourShow.com\u00a0and Schedule a call with Adam A. Adams. Connect with Patrick Website: Invest on Main Street | Passive Investing Mastery\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bonavestcapital.com\/podcast\/sa806\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SA806 | Making Money When Others Worry: Business Resilience Tips with Patrick Grimes - Bonavest Capital\" \/>\n<meta property=\"og:description\" content=\"Uncover the keys to making your business thrive, even during economic downturns, with Patrick Grimes as he shares strategies for identifying motivated sellers and securing highly profitable properties. Join us and learn how to supercharge your business and make the most of your financial resources today. Key Takeaways to Listen for Why you should start investing in multifamily real estate Recessionary acquisition fund: What it is and the advantages of having one Key criteria for buying properties from distressed sellers How investors benefit from a recessionary income fund Strategies to efficiently find deals from distressed owners Resources Mentioned in This Episode TIGER 21How Multifamily Syndications Can Protect Your Assets Better Than Single-Family Homes Intel Tesla Lockheed Martin Abbott Persistence, Pivots and Game Changers, Turning Challenges Into Opportunities by Patrick Grimes | Paperback and Hardcover How Multifamily Syndications Beat Single Family For Accelerating Retirement Apartment Syndication Due Diligence Checklist for Passive Investor About Patrick Grimes Patrick is the CEO and founder of Passive Investing Mastery and Invest On Main Street. His real estate portfolio, valued at over $600 million, includes 5,000 units in the southeastern United States and Texas. Since 2007, Patrick has been actively involved in real estate investment, specializing in purchasing, renovating, and stabilizing distressed assets to generate long-term cash flow for investors. Additionally, his expertise in real estate has led to his induction into the Forbes Real Estate Council and co-authoring the Amazon #1 best-selling book, &quot;Persistence, Pivots and Game Changers, Turning Challenges Into Opportunities.&quot;\u2014To Connect With Us Please visit our website:\u00a0www.bonavestcapital.com\u00a0and please click\u00a0here, to leave a rating and review! Sponsors Grow Your Show, LLC Thinking About Creating and Growing Your Own Podcast But Not Sure Where To Start? Visit\u00a0GrowYourShow.com\u00a0and Schedule a call with Adam A. Adams. 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