#7: Simplifying Capital Raising and Syndicating 100+ Units at 20 Years Old with Kyle Marcotte

You DO NOT want to miss this episode… Kyle Marcotte provides numerous actionable tips that you can implement in your business TODAY. We talk about raising money at a young age, finding investors, investing out of state, and how to accurately underwrite deals and assess markets. I’m not joking, this episode is great - give it a listen!

Kyle Marcotte is an entrepreneur and multifamily real estate investor. While still a student-athlete at UC Davis, he was able to syndicate over 119 units of multifamily real estate valued at over 5.5 million dollars.

Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.

Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities.

Time Stamps:

3:17 Kyle shares his background in soccer, and how shifted his focus from soccer and academics to business and real estate.

6:15 We discuss why Kyle prefers 100+ unit deals over small multifamily deals because of property management, scale, etc. 

8:45 We learn about Kyle’s simplistic and actionable approach to raising money (don’t miss this)!

16:05 How Kyle presents a potential deal to investors and gains a “soft commitment”

21:03 Kyle discusses his first deal in Louisville.

25:30 We learn about how Kyle’s first deal is performing and how he works alongside property management, the challenges he faced, and other details.

31:52 Kyle shares how he overcame fear to invest out of state and how he built the courage to syndicate his first deal in the midwest. 

35:06 We talk about how Kyle prefers to underwrite deals including exit cap, job growth, rent growth, and more.

39:32 Kyle shares how he finds market rents to more accurately underwrite deals and understand the market.

41:45 We discuss what Kyle is working on right now regarding free content, webinars, and markets he is looking into. 

45:48 Kyle talks about what he wishes he did before he started his real estate career.

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