Insights to Build Rock Solid Partnerships with Garrett Lynch, Ep. 614

Garrett Lynch, a graduate of Illinois State University with a degree in Marketing, Sales, and Organizational Leadership, initially managed a successful nightlife business in Chicago. Leveraging his industry contacts, he began investing in small multifamily projects with foreign capital. In 2013, at the age of 26, Garrett co-founded a multifamily acquisitions firm, starting with D class Section 8 properties on Chicago's South Side and scaling to 3,400 units across 10 markets. He personally sourced over 70% of this portfolio, primarily off-market, and implemented vertical integration with over 125 employees for property management. After selling his shares in the firm, Garrett traveled to 17 countries and 33 cities, including Vietnam, Japan, New Zealand, and North Korea. Returning to the U.S., he partnered with Michael Blank and Andrew Kniffin to acquire 150+ unit value-add multifamily assets nationwide. Currently controlling over $300M in multifamily real estate, Garrett also co-hosts the Apartment Investing Podcast with Michael Blank. He is passionate about fitness, international travel, deal-making, and mentoring others in real estate investing.   In this episode, we talked to Garrett about his background and experiences in partnerships, Nighthawk and his role there, challenges people face while partnering up, especially when they don’t have the right guide or adversary in the beginning, lessons learned from these and how can they help to move forward, and much more.   Announcement: You can join the Apartment Investing Mastermind here.   Building Partnerships;   02:17 Garrett's background; 13:34 About ​​Nighthawk and Garrett's role; 20:20 Challenges people face while partnering up, without the right guidance; 23:33 The lessons learned from the challenges to move forward; 27:47 What's next for Nighthawk; 30:01 Round of insights       Announcement: Download a Sample Deal package here.   Round of Insights   Apparent Failure: A failed partnership in the past. Digital Resource: JustCall. Most Recommended Book: The Millionaire Fastlane. Daily Habit: Cold plunging. #1 Insight for building great partnerships: Partnerships need to be focused and intentional processes for improvement, where no problems are unsolved and partners frequently collaborate to do so. Best place to grab a bite in Scottsdale, AZ: Dominick’s Steakhouse & Portillo’s.   Contact Garrett: Website: https://nighthawkequity.com/join    Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.