What do you get when you put together an over-worked emergency room physician with an amusement park and resort company executive? Answer: All the right components to establish a booming real estate enterprise that has only begun to take the country by storm. In this podcast episode, Tom and Tim Black, two multifamily property brothers, share how they were able to grow a real estate empire to $70 million in just two years.
Tom Black is board certified in Emergency Medicine; prior to matriculation to medical school he worked for Wells Fargo Financial overseeing the residential mortgage loans. He and his wife, Micaela, who is a licensed realtor in Texas, have owned numerous single and multifamily assets and are well versed in foreclosure acquisitions. The couple has designed, developed, and stabilized “A” class assets in Texas. Tom is the author of the book “The Passive Income Physician,” an active blogger in the healthcare community and passionate about translating high income earners to high net worth individuals through passive real estate investing.
Tim Black has spent his 30-year career at Six Flags Theme Parks and Great Wolf Resorts. Throughout this 30 year span, Tim became well versed in operations, strategic planning, marketing, sales, revenue management and real estate development. He is the former Chief Operating Officer for Great Wolf Resorts, which owns 14 Resort properties in North America. Tim worked closely with Private Equity to develop new resorts, maximize revenue through pricing and demand, digital marketing and implementing new revenue streams.
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