14 | Multifamily Investing and Cattle Farms with Marcus Long

Marcus is a husband, father of a 7 and 4-year-old, and an active duty Naval Officer currently stationed in England with over 20 years of service. He has experience in private lending, currently owns 14 buy and hold properties including single-family, multi-use, and a cattle farm. He is a Limited Partner in 289 units and a General Partner in 186 units in multifamily syndications and joint venture partnerships primarily focusing in the Kansas City and Tulsa as well as the Arlington & College Station, TX markets.

Marcus is a member of the War Room and 7 Figure Multifamily Masterminds and is the founder and CEO of A Long Legacy in which he shares his experiences, provides educational resources and investment opportunities to inspire others to achieve financial freedom, make an impact, and leave a legacy.

Let’s tune in to his story!

[00:01 - ] Opening Segment

Welcome to the podcast!
Get to know our guest Marcus Long
- Bio
- Marcus tells the story of his cattle farm and how he got into real estate

[05:55 - 19:11] Multifamily Investing and Cattle Farms

Gaining knowledge about multifamily investing
- Masterminds and Meetups
- The War Room Mastermind
- From passive investor to an active general partner
Marcus shares his experience as an LP
Private Lending Experience and Opportunities
- How Marcus got exposed to private lending
- 6 to 12 months duration and self-directed IRA
- The First Private Lending Opportunity
The Legacy Round
- 100-Unit First Multifamily in Oklahoma
- Building great relationships and developing credibility
Lessons as a General Partner
- A team and a 75-unit property
- Communication style, frequency, and more

[19:12 - 24:59] Slice of Knowledge

Routine is Key
- Importance of the small daily things
One Slice of Wisdom
- Go to meetups and masterminds more
Real Estate Multifamily Vocabulary
- Net Operating Income
- Cost Segregation
- Impact
Books and Masterminds to Try
- Best Ever Apartment Syndication Book
- The Go-Giver
Final words
Connect with our guest, Marcus in the links below

Resources Mentioned

The Man in the Arena

Tweetable Quotes

“If people don't like seeing their retirement accounts go up and down as the market does, you know, private lending, for me was kind of a way to stabilize that.” - Marcus Long

“I think that's really important, knowing what your weekly objective is. What is your most important next step? What's the one win for today?” - Marcus Long

“Find people that are gonna challenge you. Find people that are already doing what you want to do and where you want to go and surround yourselves with them.” - Marcus Long

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Reach Marcus through Instagram, Facebook, and LinkedIn

Check out his website: https://alonglegacy.com/

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