JF2568: Preparing Assets for the Next Recession with Tate Siemer

<p><span style="font-weight: 400; font-size: 10pt;">Former ski photographer, Tate Siemer, moved to Utah and got his start in real estate with single family homes. He wanted to scale faster but was unsure of how to find his next venture, until a 12-unit apartment fell into his lap. Now, he’s reached the point where he’s more established and it’s much easier to find capital. Today, Tate is talking about his specific guidelines for future investments, and why he’s not concerned about capitalization rates and increased asset prices moving forward. </span></p> <p><span style="font-size: 10pt;"><strong>Tate Siemer</strong> <strong>Real Estate Background:</strong></span></p> <ul> <li><span style="font-weight: 400; font-size: 10pt;">Full time syndicator/operator</span></li> <li><span style="font-weight: 400; font-size: 10pt;">16 years of real estate investing experience</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Owns 302 units assets under management, 252 units under contract</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Flipped over 40 SFR’s, 6 land entitlement deals, 2 development projects and 6 large scale apartment projects</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Based in Salt Lake City, UT</span></li> <li><span style="font-size: 10pt;"><strong><span style= "font-weight: 400;">Say hi to him at:</span> <a href= "https://nam10.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.investwithgreenlight.com%2F&data=04%7C01%7CLadi%40joefairless.com%7Ce4e09fa883f4472aa80b08d956c21462%7Ceb07e501da1c41a4a3828b364bdf2bdc%7C0%7C0%7C637636213839158942%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=vHxF30hwAdGJ8yvDdqR5j0WXAb%2FItIbMFEWLos9sHrU%3D&reserved=0"> <span style= "font-weight: 400;">www.investwithgreenlight.com</span></a></strong></span></li> <li> <p><span style="font-weight: 400;">Best Ever Book:</span> <a href= "https://www.amazon.com/gp/product/B089QVZ9WW/ref=as_li_tl?ie=UTF8&camp=1789&creative=9