

From a Mostly Vacant 92-Unit Apartment Building to a 2000 Unit Portfolio - with Andrew Cushman | TLS148
Andrew took the traditional path into real estate and got a chemical engineering degree. In 2007 he left engineering to flip houses full time, and then seeing huge opportunity in apartments, transitioned full-time to multifamily in 2011. His first deal was a mostly vacant 92 unit property on the other side of the country, and since then has acquired 2,350 units across the Southeast U.S.
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WE DISCUSS:
- How he was able to leave his full-time job as an engineer.
- The reasoning behind their transition to apartment investing.
- How he got his first deal.
- The challenges of raising a fund.
- What his business looks like today.
- Their business milestones.
- The importance of setting business goals.
- His learnings on building a team.
- His biggest challenge.
- His biggest win.
- His best advice for someone just starting
KEY QUOTE:
“The good news for anyone listening today is raising money is far far easier than it was back then - both in terms of people’s willingness and interest in apartments and also in terms of your ability to reach people.”
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