From Small Residential Development to Value-add Commercial Multifamily - with Andrew Schena | TLS085

In this episode, Andrew Schena shares his journey from a career in broadcasting, then sales, then mortgage and eventually building a successful career in the real estate investing world. Andrew has over $36M of development experience, owning and operating over $5M in cash-flowing multifamily, and has raised over $11.5M of private investment capital.
 
>>>Interested in partnering with us on future opportunities? Connect with me at CanovoCapital.com.

WE DISCUSS:

• His previous career in broadcasting and sales until he landed in the mortgage business.
• How he learned what a true financial education really is.
• How he and his partner opened their syndication company simultaneously with opening a real estate brokerage.
• How he aims to develop their properties.
• How their syndication company has continued to evolve up to this day.
• The challenges he faced in the development business.
• How he familiarized himself with multifamily and cash flow.
• Their business model and how it relates to different investment types.
• How he acquired a 28-unit property in Louisville, Kentucky.
• His biggest challenge in venturing outside his local market.
• What’s next for his business.

KEY QUOTE:
“Without the relationships, you’re gonna find yourself on the losing end When bidding on properties that are just hitting the market."

ABOUT OUR GUEST:
Andrew is an accomplished real estate developer, syndicator, sponsor, investment operator, and business owner.  With over $36M of development experience, owning and operating over $5M in cash flowing multifamily, and having raised over $11.5M of private investment capital, Andrew is consistently sought out not only as a partner, consultant, coach, and advisor but a steward of investor capital.  Andrew is passionate about real estate, personal and professional growth, financial education, mindset, and his family.

CONNECT WITH OUR GUEST:
https://www.capequitypartners.com/

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