Kyle Jones is the founder and Key Principal of TruePoint Capital, LLC, which is a private equity firm focused on owning and operating value-add multifamily assets and ground up construction. Kyle is also a co-founder of American Grid, which is a residential appraisal management company. Kyle advices listeners to get as aggressive as possible when acquiring single family homes and to partner with professionals who can help guide them through the complexities of multifamily development. He believes that the market will eventually get saturated and there will be less inventory to purchase. Kyle has found success in unplugging and allowing himself to be present with where he is.
[00:01 – 06:32] Opening Segment
- Let’s get to know Kyle Jones!
- Shifting from teach to real estate
- He advices avoiding getting caught in the cycle of doing deals to do deals
- Have partners who balance out your strengths and weaknesses
[06:33 – 24:49] Building a Team For Present and Future Success
- Kyle emphasizes that we should have strong rapport with our partners
- The importance of due diligence when meeting a potential partner
- Controlling costs
- He recommends buying out jobs, supplies, and inventories as much as possible
- He recommends developing projects rather than renovating older properties
[24:50 – 30:47] THE FINAL FOUR
- What's the worst job that you ever had?
- Kyle says that his worst job was working in a mall in a kiosk where he sold sunglasses
- What's a book you've read that has given you a paradigm shift?
- What is a skill or talent that you would like to learn?
- He wants to learn wake surfing
- What does success mean to you?
- Kyle says that, “Success for me is all about truly being free and being able to do what I want whenever I want to do it.”
Connect with Kyle
Website: https://truepointcap.com/
Instagram: https://www.instagram.com/kylenjonesy/
LinkedIn: https://www.instagram.com/kylenjonesy/
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Tweetable Quotes:
“The ultimate key to my personal success is just building a team around me.” – Kyle Jones
“Success for me is all about truly being free and being able to do what I want whenever I want to do it.” – Kyle Jones
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