From Soccer Moms to Multimillion-Dollar Multifamily Deals ($11M!)

Episode #806

Want to invest in multimillion-dollar multifamily deals? You might think you don’t have what it takes to take down seven or even eight-figure real estate investments, but you’d probably be wrong. Today’s guests went from buying $99,000 rental properties to $11M multifamily apartment complexes while raising young children. So how do you scale from small to large multifamily and do it at a time when asset prices are so high, and competition remains fierce?

David Greene is joined by Matt Faircloth, instructor of the BiggerPockets Multifamily Bootcamp and author of "Raising Private Capital." If you’re an avid BiggerPockets listener, you’ve probably heard Matt before on our past multifamily episodes. Today, Matt brought two of his students, Breanne Weber and Denise Mayen, to touch on how they went from real estate rookies with a few flips and rentals to chasing $11M multifamily real estate deals.

Breanne and Denise walk through their steps to find, analyze, and raise capital for massive multifamily deals. From finding the right partners to building your team, splitting roles and responsibilities, and chasing deals that seem almost impossible, today’s episode is for ANYONE who wants to level up their real estate portfolio and get into bigger properties with better profits.

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Connect with Breanne and Denise:
Breanne's BiggerPockets: https://www.biggerpockets.com/users/breannew?utm_source=youtube&utm_medium=description&utm_campaign=none
Denise's BiggerPockets: https://www.biggerpockets.com/users/denisem19?utm_source=youtube&utm_medium=description&utm_campaign=none
Braid Capital: https://www.investwithbraid.com/
Instagram: @2momsinvesting or https://www.instagram.com/2momsinvesting/
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Connect with Matt:
BiggerPockets: https://www.biggerpockets.com/users/mfaircloth?utm_source=youtube&utm_medium=description&utm_campaign=none
Derosa Group: https://derosagroup.com/
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Connect with David and BiggerPockets:
David’s BiggerPockets: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
David’s Instagram: @davidgreene24 or https://www.instagram.com/davidgreene24/
BiggerPockets’ Instagram: @biggerpockets or https://www.instagram.com/biggerpockets/

Show notes at: https://www.biggerpockets.com/blog/real-estate-806?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

02:17 Quick Tip

02:38 Soccer Moms Turned Property Partners

16:42 Roles and Responsibilities

34:37 4 "Superpowers" of Real Estate Investing

37:57 Million Dollar Properties

46:31 Deal Deep Dive

01:05:06 Connect with Breanne and Denise!