EP 135:  Gary Lipsky - Best In Class Multifamily Asset Management

Gary Lipsky is a 20+ year real estate entrepreneur focused on his award winning multifamily syndication business, and has acquired 3000+ apartment units valued at over $250MM.

Gary is the host of the Real Estate Investor Podcast, where he interviews industry experts to provide broad range education to investors. He is also the best-selling author of Best in Class, founder of the Asset Management Summit, and a guest speaker featured at many prominent conferences.

With over 30 years of operational expertise as a successful entrepreneur, Gary has built several companies including arc, an after school program with 700 employees and 9000 students, co-produced 3 independent films and started CORE, a non-profit organization for underprivileged children. His vast experience serves as a great foundation for his business as a multifamily operator.

HIGHLIGHTS IN THE SHOW:

00:00 - Intro

01:37 - Gary’s Background

02:20 - Impact Equity Ad

07:45 - Asset Management

10:47 - Property Management

11:13 - Asset Management

13:10 - First Purchase

15:24 - Underwriting

17:59 - Fund Structure

20:38 - Good Capital Call

22:00 - Current Market

24:13 - Debt

26:20 - Underwriting

28:14 - Value Add

29:42 - Arizona Market

31:58 - How Would You Start Investing Now?

35:00 - Book and Podcast Recommendations

36:31 - Bucket List

38:00 - BODC Multifamily Impact Fund

41:00 - Break Of Day Capital

CONNECT WITH OUR GUEST:

https://breakofdaycapital.com/

CONNECT WITH OUR HOST: 

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

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