$22M in The First Two Years and a Mindset for Multifamily

[Chris Lopez]

Premieres July 22nd on BiggerPockets Multifamily YouTube Channel

(Show hosts Chris Lopez and @Terrance Doyle with Steven Pesavento )

Multifamily investor @Steven Pesavento tried to get into real estate investing in the past. He would make an offer, the offer would get rejected, and he would forget about real estate. Then, a couple of years later, he’d do the same thing, only to be dejected once again and stop his search for properties. It wasn’t until he was 26, that he made the decision that he was going to stick with real estate and make it work, no matter what.

Fast forward a couple of years, Steven bought and flipped over $22 million dollars in real estate, but was growing tired of the workload. He wanted a more strategic position, something where he could tackle large deals, with less upfront capital, and more room to grow. This is when Steven started looking into real estate syndications.

Steven shares how he switched from investing in single-family homes to large multi-family deals and what it truly means to be a real estate syndicator. We also talk about a "Fund of Funds" which pools smaller investors together into one fund to open up deals that they wouldn't usually be able to access. He has seen very impressive growth over the past few years, and we’re excited to share his story with you.

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Check out Steven's episode ($22M in The First Two Years and a Mindset for Multifamily) on BiggerPockets Multifamily YouTube Channel - premieres July 22nd!

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Watch Steven's Live Q&A

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About the Multi Family Mentors show:
This show is about all things multi family. Terrance Doyle and I interview top experts from around the country to find out how they operate and invest in the multi family space. Guests include operators, lenders, brokers, property managers, capital raisers. Basically, all players involved in multi family. Check out past episodes of the Multi Family Mentors Show here.

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Connect with Terrance and me for more great information on investing in multi family properties!

Chris Lopez:
Instagram: @chrislopez_co / BiggerPockets / LinkedIn

Terrance Doyle:
Instagram: @terrancedoyle / BiggerPockets / LinkedIn
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