317: Building a $300MM Real Estate Empire from Scratch with Multifamily Investor Chad Doty

<p>Ever dreamed of being a&nbsp;<a href="https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/" target="_blank">successful multifamily investor</a>&nbsp;who owns millions of dollars in real estate while others manage your assets?</p><p>Well, today’s guest is doing just that! Brandon and David sit down with&nbsp;<strong>Chad Doty</strong>, a one-time businessman who ditched corporate life and moved on to real estate, now owning 3,000 units!</p><p>Chad shares TONS of meaty insight, including what he looks for when choosing a market, where he’s currently investing (and avoiding), and four rules of thumb for building a multifamily business. Chad gives great advice regarding overcoming high barriers to entry, getting brokers to take you seriously (even as a newbie), and adding value to properties in order to generate big profits.</p><p>Plus, you DO NOT want to miss Chad’s take on finding deals others are missing, the order in which you should build your team, and how he would invest his grandmother’s last 100K! If you’re looking for an episode with so much value you’ll feel guilty you didn’t have to pay for it, download this one now!</p><p>In This Episode We Cover:</p><ul><li>How Chad got into&nbsp;<strong>multifamily</strong></li><li>What&nbsp;<strong>evergreen</strong>&nbsp;is</li><li>Two real estate&nbsp;<strong>myths</strong></li><li><strong>What comes first</strong>: deal or money</li><li>The&nbsp;<strong>market</strong>&nbsp;he invests in and why</li><li>His success&nbsp;<strong>metrics</strong></li><li>The four components of any&nbsp;<strong>successful business</strong></li><li><strong>Raising money</strong>&nbsp;to fund an apartment building</li><li><strong>Increase</strong>&nbsp;rent&nbsp;<strong>vs. decrease</strong>&nbsp;expenses</li><li>What does&nbsp;<strong>his team</strong>&nbsp;look like managing thousands of properties</li><li>Rules of thumb for&nbsp;<strong>communicating</strong>&nbsp;with property management</li><li>His thoughts on&nbsp;<strong>the fut