Old Capital Real Estate Investing Podcast With Michael Becker & Paul Peebles
Episode 179 - “Old Real Estate Guys” established an INVESTMENT FUND to buy apartments
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:48:11
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Sinopse
Bill Mara & Pat Poling have been business partners for over 30 years. These “old real estate guys,” operated a multi-billion dollar institutional real estate portfolio for about a dozen years and then made the move into large apartment investing. They saw the opportunity to invest into value-add & work force multifamily and wanted to have individual partners instead of institutional investors. Before they established an INVESTMENT FUND, Bill & Pat would raise equity capital on each transaction. They would find the deal first and then find the equity second. That can be burdensome…if you have too many due diligence items coming at you. You can go from ZERO to 100 miles an hour during the acquisition. Bill & Pat found a way to raise capital throughout the year…with an investment fund. They used their institutional investing background to create a possible better way to help in the capital raise. To contact Mara Poling: https://marapoling.com/fund/ To receive our FREE page WHITE PAPER REPORT on