In today's episode, Tom welcomes special guest Clive Davis, founder of Park Royal Capital, a private equity firm specializing in multifamily real estate. Clive shares his fascinating journey from a corporate transactional lawyer on Wall Street and a compliance officer in the pharmaceutical industry to a full-time real estate investor and entrepreneur. Join us as Clive discusses the challenges and triumphs of his transition, his strategic approach to real estate investing, and his passion for creating generational wealth. Get ready for an insightful conversation about the realities of pursuing financial freedom and entrepreneurship.

Highlights
00:27 - Clive’s professional background in law and pharma.
01:59 -Transition from corporate to full-time real estate.
05:54 -The importance of creating generational wealth.
09:02 - Challenges with international travel and family time.
11:48 - Motivation behind pursuing financial freedom.
15:02 - Adjusting from a regular income to entrepreneurship.
18:17 - Difficulties in securing a cash-out refinance without a W-2.
27:11 - Clive’s first major real estate deals.
32:57 - Shift in investment strategy and market adaptation.
35:05 - Navigating today’s market with higher interest rates.
37:40 - Benefits of having cash on hand in uncertain times.
41:40 - Clive’s advice on running personal finances like a business.

Episode Resources

• Connect with Tom Suvansri
• https://perennialpride.com/
• https://www.facebook.com/perennialpride/
• https://twitter.com/perennialpride
• https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA
• Connect with Clive Davis
• clive@parkroyalcapital.com
• https://parkroyalcapital.com/

Call to Action
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