Episode 39
E39 - Contrarian Thinking with Spencer Hilligoss
Spencer Hilligoss is a passive real estate investor, multifamily co-sponsor and former technology leader. His company, Madison Investing, has co-sponsored deals totaling more than 4000 units for more than $500M. Spencer invests in syndications as an LP and actively leads Madison Investing alongside his Co-founder/Wife - Jennifer Morimoto. As a technology leader, Spencer built a 13-year track record of growing high-performing teams across five companies. In November 2019, Spencer “retired” from his lucrative technology career - leaving behind the $4B loan origination teams he built at LendingHome, funding 600 fix/flip transactions per month. Now, he is focused on spending time with loved ones and growing Madison Investing by helping passive investors achieve their goals.
In this episode, Tyler and Spencer’s discussion focused on the value of contrarian thinking, and how it can lead to new opportunities. Spencer shared how his 20 years’ experience in punk rock bands, combined with his background in various corporate roles, allowed him to become a whole person. He identified contrarian thinking as the single biggest driving force that saved him from a lifetime of corporate servitude, and he discussed how it has benefitted decision-making in real estate.
Other topics included relationship-building struggles for real estate investors, the clean slate technique, earning third-party credibility through authenticity, the consequences of hiring too aggressively, the hardships of management, inquiry vs. advocacy and more. Spencer provided uncommon wisdom and unique perspectives in this episode!
You can connect with Spencer and his company via email or website:
The books mentioned in the show can be purchased below:
Rich Dad Poor Dad, by Robert Kiyosaki
Seven Habits of Highly Effective People, by Stephen Covey
The Power of Habit, by Charles Duhigg
The Millionaire Next Door, by Thomas J. Stanley Ph.D. and William D. Danko Ph.D.
Essentialism, by Greg McKeown
Apply for coaching with Tyler! The world's top performers in any field have a coach to help them achieve drastically greater results and in less time. The most successful real estate investors are no different. To apply for a results coaching session with Tyler, visit coachwithtyler.com.
This episode of Elevate is brought to you by CF Capital LLC, a national real estate investment firm that focuses on acquiring and operating multifamily assets that provide stable cash flow, capital appreciation, and a margin of safety. CF Capital leverages its expertise in acquisitions and management to provide investors with superior risk-adjusted returns while placing a premium on preserving capital. Learn more at cfcapllc.com.
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