BiggerPockets Real Estate Podcast

557: Raising Millions of Dollars (and 8 Kids!) After Dumping Her Day Job w/ Esther Reizes-Lowenbein

4 snips
Jan 13, 2022
Esther Reizes-Lowenbein, a real estate broker and investor who juggles the demands of raising eight children, shares her secrets to raising millions in capital. She highlights the critical role of networking in commercial real estate and differentiates between general and limited partners in syndication. Alongside Henry Washington, they discuss prudent investing strategies, the importance of understanding market dynamics, and the hurdles new investors might face. Esther’s journey from speech pathology to real estate success serves as a powerful inspiration for aspiring investors.
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ANECDOTE

Career Transition

  • Esther Reizes-Lowenbein transitioned from speech pathology to residential real estate, then commercial real estate.
  • She found her niche in connecting investors with capital and now raises money for large commercial deals.
ADVICE

Secure Exclusivity

  • Get clients to sign exclusive agreements to protect your time and effort as a broker.
  • Offer a preview of your commitment and services before requesting exclusivity.
ANECDOTE

Airbnb Regulation

  • Esther and her husband bought a property to use as an Airbnb after renovations.
  • Local regulations changed, banning short-term rentals, highlighting the importance of diverse exit strategies.
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