An Experienced Passive Investor Helping Others Do the Same with Spencer Hilligoss, Ep 99

Journey to Multifamily Millions

You aren’t going to want to miss this conversation with Spencer Hilligoss. It’s been a while since we’ve had an experienced passive investor, but Spencer has deployed 7-figures of his own capital into passive investments in the past 6 years!

A co-founder of Madison Investing, in 2019 Spencer retired from a 13-year career in Silicon Valley tech companies to show others how to invest in the same niche investment opportunities where he deploys his own money.

Spencer talks about shifts in priorities and the moment he knew he needed to not just save, but invest for his future. He was honest about mistakes like overspending on a Bay Area rental and how those mistakes all led to his growth as an investor.

We bonded over our belief in the importance of financial literacy for our families and society writ large! Come for the great insights but stay for the truly candid conversation.

Episode Topics

[01:06] Meet our guest, Spencer Hilligoss
[01:57] Spencer's Background and Real Estate Journey
[06:37] Financial Literacy and Early Career Challenges
[10:16] Phases of Real Estate Investing
[18:13] Challenges with Property Management
[26:07]Madison Investing: Business Model and Philosophy
[32:46] What is one red flag every investor should look out for?
[33:08] What is a myth about the real estate business?
[35:42] Connecting to Spencer

Notable Quotes

• "Financial literacy comes from experience." — Spencer Hilligoss
• "If it's not taught in the home, it's certainly not taught in school." — Tim Little
• "Five digits is a big number, no matter how big a person's net worth is." — Spencer Hilligoss
• "People get stuck at phase one education because they're scared to pull the trigger." — Tim Little
• "Someone needs to manage the property manager. Otherwise, strange things will happen." — Tim Little
• "A rental property is a great way to build wealth if you're willing to do the work." — Spencer Hilligoss

👉Connect with Spencer Hilligoss

• LinkedIn: Spencer Hilligoss
• Website: Madison Investing
• Email: [e-mail]

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: [e-mail]
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497