19 Majors Investments
Why does this group of anesthesiologists invest together?
- Experience & learn together
- Build wealth through ownership
Hey, welcome back to Season Two of the Stories of Tribevesting. Yes, we are back by popular demand. And today we're gonna be interviewing Matt Haverkamp. He and his tribe of other doctors have been trying to figure out how to invest as a group. How did they do it? Well, here's the hint. All that more in today's episode, stay tuned.
It's a pleasure to meet you. How's things going for you today?
Everything's good can't complain.
And Matt, what do you do for a living?
I'm a physician. Anesthesiologist.
Can you tell me how you got started with Tribevest?
Me and my partners of doctors had been talking for years and years about what to do outside of medicine to help make our lives and lives of people around us a little bit better and and then I heard an interview with Travis Smith on a podcast.
So what was the podcast that you're listening to?
Buck Joffrey’s Wealth Formula podcast. I thought this is because we have the platform to do it. And now we can actually pull the trigger. The thing I loved about Tribevest is that you have a tribe, right? You invest in one of the, you know, if you're a single individual, you can maybe invest in two properties or two apartment buildings or whatever it is. And with the tribe, you can, you know, maybe get together and get your get your pull your money and you can do eight or 10. So if one of them fails, you're not investing well, for good. So that's, that's what we really liked about pooling our money together and diversifying.
How many people are in your tribe right now?
Right now we have two other physicians in the tribe. I think we're in that same boat of wanting to make sure that we don't do anything that is irresponsible. And so we are spending probably this year educating ourselves, putting a couple of deals under our belts and making sure that our goal is to educate ourselves enough, then we can start to bring other people in.
The big difference that I see Matt that a lot of people don't have is the education piece and you've taken that time. And you've taken that time this year to educate yourself about the market. I think that's gonna bode really well for you to say and I think it's like people who fail to plan, plan to fail. And you guys are getting that together.
I love that quote. I think that it's so important to know what you're doing before you go out and educate people. Clearly, you can't educate if you don't know.
So have you actually pulled the trigger and purchased the property yet?
We ultimately put our funds and two weeks later we ended up making our first investment so it was it was super a lot quicker than we thought it was going to be. We have two investments under our belt. One is multifamily syndication, Dallas, so very passive, just a strictly money investment and nothing after that. And so in the we also invested in land funds as well. Developing land and so that's very different types of first two investments that couldn't be further apart. But I think that's the neat part about this is that we don't have to pick one lane and say no, we can we can pick a couple ones. And ultimately we'll find out either is there one lane that is going to work best for us for three kind of spread out.
And if I become an anesthesiologist, I can join?
You don't even have to. You’re a Harlem Globetrotter, so you can join us anytime.
Hey, huge thank you to Matt Haverkamp. If you guys want to learn more about investing in yourself, just got to tribevest.com Until next time, I'll see you next tribe.
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