#301: Salvaging a Bad First Deal with Investor Capital, Building Incredible Investor Relationships, and Numerous Great Deal Stories with Levi Allen and Joe Rinderknecht

In this episode, Axel sits down with Levi Allen and Joe Rinderknecht, co-founders of Cowboy Capital, to talk about their journey from a tough first deal to becoming trusted operators with a growing investor base.

They share how they salvaged a challenging early project that nearly sank their business, what they learned about managing investor relationships through transparency, and the principles that guide every deal they do today. From ranching roots to raising millions in capital, Levi and Joe have built a business defined by integrity, speed, and a deep commitment to their investors.

They also share memorable deal stories, including a Montana acquisition that doubled in value within a year, and explain how their “run out the bad news, walk out the good” philosophy has built lifelong investor trust.

What You’ll Learn in This Episode:

• How Levi and Joe salvaged a struggling first deal and retained investor confidence
• Why transparency and honesty are their strongest investor retention tools
• The power of speed and decisiveness in sourcing great deals
• How they structure preferred equity and ensure investor alignment
• Why trust, simplicity, and clear communication always win in capital raising

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NH Multifamily Fund III Details:

Download The OM For The NH Multifamily Fund III

Access The Deal Room For The NH Multifamily Fund III

Connect with Levi and Joe:

Joe’s LinkedIn

Joe’s Instagram

Levi’s LinkedIn

Levi’s Instagram

Cowboy Capital Website

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