The Journey to 8000 units and 900mm in Multifamily Under Management - with Spencer Gray | TLS087

In this episode, we talked with Spencer Gray of Gray Capital about the massive growth he's experienced over the last few years and how his company has reached 8000+ units and 900 million in assets under management. 
 
>>>Interested in partnering with us on future opportunities? Connect with me at CanovoCapital.com.

WE DISCUSS:

• How he got interested in real estate while he was young and his entrepreneurship ventures.
• The significance of a partnership in this industry.
• His biggest takeaway from their first deal.
• Why they switched to core plus acquisition.
• The challenges they faced as they scaled up their business.
• His insights on the Indianapolis market and the other markets that they’re also interested to enter.
• His goals for their real estate investing business.
• How he adds value to newsletters.
• His biggest mistake.
• His biggest win.
• His best advice for someone just starting.

KEY QUOTE:
“Don’t think too small. Look at the bigger picture and benchmark some of those who seem out of reach but benchmark them and see how they got there, and then just do it.”

ABOUT OUR GUEST:
In his role as President, Spencer develops, leads, and executes investment strategy, performs underwriting and due diligence of all assets in the Gray Capital portfolio, and interfaces with investors. Since founding Gray Capital, LLC Spencer has been involved in over $700 Million in transactions. Spencer is also President and CEO of Gray Properties, LLC, a commercial real estate-focused family office.

As an entrepreneur, Spencer has founded several successful businesses in the fields of media distribution, real estate, and agriculture before turning his passion for investing in commercial real estate into what is now Gray Capital, LLC. Spencer has extensive experience in a variety of real estate investing strategies since buying his first rental property in 2006. Spencer is an avid outdoorsman who enjoys rock climbing, fly fishing, archery, and free diving. He is also a father to two girls. 

CONNECT WITH OUR GUEST:
Subscribe to Spencer's Newsletter

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