Finding Money for Bigger Deals with Sam Bates

<p>Sam Bates has been directly involved in the acquisition, development/rehabilitation, operations, disposition, and asset management of over $100,000 in real estate since 2009. Sam focuses on multifamily acquisitions and ground-up development and currently is the GP on 749 units. Sam has a BBA in Finance, an MBA, and an MS in Personal Financial Planning.</p> <p>In this episode, Sam shares how valuable and competitive multifamily properties are in terms of supply and demand. He advises someone starting out new to keep asking questions because people provide lots of information and to continue networking and building relationships.</p> <p>Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): <a href='https://investorattractionworkshop.com/'>https://investorattractionworkshop.com/</a></p> <p>What you’ll learn in just 17 minutes from today’s episode:</p> <ul><li>Find an investment asset class that has a competitive advantage when it comes to supply and demand</li> <li>Learn how to raise capital from building relationships and setting a good track record</li> <li>Learn how to do your first big deal even without an MBA education, consulting experience, and even high net worth clients</li> </ul> <p>Resources/Links:</p> <ul><li><a href='https://www.trinitycapitaltexas.com/'>https://www.trinitycapitaltexas.com/</a></li> </ul> <p>Topics Covered:</p> <p>00:58 – Why he chose multifamily properties to focus on</p> <p>02:26 – How did he start off and get to where he is now with development deals</p> <p>03:57 – His ways of raising capital and how he partnered with someone who has experience in developmental projects</p> <p>05:58 – With track record set, referrals and testimonials not far behind</p> <p>06:53 – Raising 10 or 20% more of the required capital</p> <p>07:24 – Doing real estate in tandem with consultancy work</p> <p>08:51 – On finally quitting from his two previous jobs and concentrating on real estate</p> <p>12:21 – Networking and making connections</p>