Steed Talker

Real Estate Investing Abundance

REIA 367 Todd Silance: From Franchises to Real Estate: How diversification in investing can lead to long term wealth

Todd Silance is a corporate consultant turned business owner and real estate investor. In just under 5 years, Todd has built a real estate portfolio of over $25MM and 160 units along with being a limited partner in 450+ units nationwide.

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Main point:

  • Why is building relationships important? 
  • Why is it important to know your “why”?
  • Why did you start investing in multifamily?  
  • How does your insurance background help you with managing multifamily assets? 
  • As a business owner of a franchise how does that translate to operating a real estate investment company?

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Biography Todd Silance:

Todd Silance is a corporate consultant turned business owner and real estate investor. In just under 5 years, Todd has built a real estate portfolio of over $25MM and 160 units along with being a limited partner in 450+ units nationwide. Most recently Todd is Co-Founder and managing partner of the real estate investment company Summit Capital. Todd’s vision began 15 years ago when he and his wife decided to start a family. Their top priority was freedom of time – not wanting to miss out on all the big (and little) milestones that comes with raising a family. This was the biggest driver in opening their own business, an Anytime Fitness Franchise, in 2008, a second location in 2014, and eventually Todd’s real estate investment company in 2019. Todd enjoys sharing his story of leaving corporate America and pursuing his dream of financial independence. He recalls a time when a 401(K) match, some PTO and company-paid healthcare was all he dreamed of. As he began reading and listening to business leaders speaking on “abundance mindset” and quality of life, his own mindset shifted. His hope is to encourage others to dream big, define their purpose, and seek a fulfilling life. Whether that is through real estate or pursuing a different career altogether, Todd hopes the ups and downs of his journey can inspire others to do the same. As a prior learning and performance consultant for Nationwide Insurance, Todd has over 10 years of experience leading seminars. Todd was a member of the “Apartment Addicts” mentorship program with Ashley Wilson and J Scott, a guest speaker on several Podcasts and real estate Meetups, and leads a monthly ownership Peer Group with other Anytime Fitness franchise owners. He is interested in sharing his experience as a business owner, how he created his own opportunities, and his advice on finding (and keeping!) the right people for the job.