Tim Herriage : Tactician , Intelligence Analyst , Business Developer , and CEO
TIM HERRIAGE ON TACTICAL INVESTMENT , STRATEGIC PLANNING & EAGLE LIKE VISION TIM HERRIAGE
Tim Herriage : Tactician , Intelligence Analyst , Business Developer , and CEO
Don ’ t call him a ‘ guru ’. Tim Herriage is the CEO of the 2020 REI Group of Companies and in an exclusive interview with Realty411 , Tim revealed the backstory that led to the launch of a very different type of real estate firm ...
Why do we need another player on the real estate map ? What qualifies Herriage and his team to lead ? How can this hindsight become a truly unique advantage on the financial battlefield ?
After serving in the U . S . Marines , managing systems as an intelligence analyst , Herriage got his start in real estate through house flipping and property management . To date he has been personally involved in more than 1,200 house acquisitions and “ over $ 1 billion in real estate investment transactions .”
It didn ’ t take long before Herriage became a sought after speaker within the industry . His next step was to unite the ranks of US investors by founding the REI ( Real Estate Investors ) Expo . Dubbed ‘ The Largest Real Estate Investor Tradeshow ’, the REI Expo has grown to over 52,000 members .
In 2013 Herriage was recruited by the largest alternative investment firm in the world – Blackstone . As Managing Director for Blackstone ’ s B2R Finance , Herriage helped pioneer a new approach to singlefamily home investment property financing . This venture highlighted how great the need there is for approachable , high quality financing sources and expert guidance for noninstitutional , private real estate investors . Herriage explained that “ it was a case of supply and demand . Investors are starving for practical , high level assistance and straightforward access to great products and services .” They simply weren ’ t finding it , mostly because those designing the real estate investment loans and services were institutional New York City banking executives who were detached from both their market and customer base . Herriage , on the other hand , knew how to transform the Wall Street approach into financing sources and services that actually work for the Main Street real estate investor . He has , after all , succeeded by being one himself .