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Episode 088: Making the Leap from Wholesaler to Multifamily Syndicator – with Stephen Polk
Manage episode 363379357 series 2933812
Kimberly P Nguyen, With Bill Guting, and Kimmie P에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Kimberly P Nguyen, With Bill Guting, and Kimmie P 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Many investors start out by doing the wholesaling or fix & flip thing, with many eventually getting to the point of wanting to hold properties as rentals… and then maybe even jumping into the commercial multifamily (larger apartment complexes) realm.
That’s the evolution of our guest this week, Stephen Polk, and the path he took to make the leap from Wholesaler… to Multifamily Syndicator.
So, what does it take to make that kind of transition?
That’s what we explore in this week’s episode!
Here’s a small sample of what we discuss:
* What it really takes to succeed in wholesaling… and how it teaches you one of the most valuable skills you can possess as a real estate investor.
* How Stephen utilized free and low-cost marketing & prospecting techniques to quick-turn over 150 properties.
* How do you wholesale a 150-unit apartment complex for a bigger and fatter paycheck? Here’s how Stephen did it…
* Secrets of getting in the right “energy flow” to attract more deals (he points to this as his real secret to creating consistent deal flow!).
* Case Study: How Stephen put together his first multifamily syndication (a 24-unit multifamily property he found by “driving for dollars”), including the challenges he faced along the way and how he overcame them.
* 3 tips for becoming a prolific capital raiser.
* Much, much more!
More about Stephen Polk:
Stephen joined Slasher Capital, as an Executive Director of Acquisition, with primary roles that include the review and analysis of potential acquisitions and dispositions, detailed financial modeling, and transaction valuation and execution. He also assists with the negotiations of purchase and sale contracts, coordinates and reviews the due diligence process, and helps obtain financing terms.
Stephen lives in Memphis TN and enjoys salsa dancing, bike riding and recreational basketball.
For contact info and link to free course on funds, visit our website www.GimmeSomeMORE.info/episodes and type in the search bar: Stephen Polk
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