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Dan Goldstein

Founder of Formula Systems

Jul 31, 2026

32:32
Is that an individual? Is that a family office? Is that an institutional group? Maybe walk us through just who has found Royal Oak to be unique from an investment opportunity perspective.
32:44
That strategy was built up a little bit more methodically and disciplined.
32:49
You have to have a base of high net worth individuals.
32:54
The diversification of your investor base is important too, right? You don't want all your equity walking away at one time, especially in your early years.
33:05
One big redemption could have been a problem.
33:07
So we were very focused on high net worth individuals.
33:12
The average investment initially was maybe $200,000.

19 MINS LATER

52:38
So I imagine you have some interesting thoughts on the trends of quality of deal flow.
0:54
Tell us where you're located and what got you interested in rental real estate in the first place.
0:59
Awesome.
1:00
Yeah, thanks.
1:00
I appreciate you guys having me.
1:02
So originally from the Chicagoland area, my wife and I relocated down to the Orlando, Florida area about 12 years ago.
1:10
And I actually have always wanted to get into real estate.
1:15
Corporately, I work in corporate sales for a technology company out of Chicago, but have not wanted to kind of I wanted to get myself out of the nine to five and being reliant on somebody else for a paycheck.
4:16
Where was the first property and then where was your second?

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