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Discover how Darwin German raised $300M for Multifamily and now manages over $500M in Assets!
- 2024/10/30
- 再生時間: 42 分
- ポッドキャスト
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サマリー
あらすじ・解説
Join us for an extraordinary conversation with Darwin German, a real estate titan who transformed from helping his mechanic father with weekend make-readies at age 10 to building a multifamily empire.
From his first terrifying $1 million raise for a 100-unit property to now having raised over $300 million, Darwin shares his unfiltered journey in multifamily syndication since 1994.
In this value-packed episode, he reveals his unique "buy-it-from-yourself" strategy that generated exceptional returns across multiple syndications, his contrarian approach to investor education that converts would-be syndicators into loyal passive investors, and invaluable insights on navigating market cycles from someone who's weathered every major real estate downturn since the 1990s.
Key Take-aways to listen for:
- Investor Education as a Growth Strategy: Rather than monetizing education, Darwin provides comprehensive free education to potential investors through monthly meetings, creating sophisticated partners while organically growing his investor base through trust and transparency.
- The Power of Referral Marketing: Despite spending hundreds of thousands on various marketing channels including celebrity events, Darwin found that delivering strong property performance and fostering referrals remains the most effective way to attract new investors.
- Strategic Debt Management: Having weathered multiple market cycles, Darwin emphasizes using long-term, fixed-rate agency debt over bridge loans to protect against market downturns, only using bridge financing as a temporary tool for specific value-added opportunities.
- Alternative to Capital Calls: Instead of traditional capital calls that dilute existing investors, Darwin innovated by offering "partner loans" at 10% interest, providing a win-win solution that gives existing investors priority over common equity while attracting new capital.
- Market Entry Strategy: When expanding beyond your primary market, Darwin cautions against overpaying to enter new territories, emphasizing the importance of building strong broker relationships and local reputation over time, as demonstrated by his 30-year track record in DFW that provides him first and last looks at deals.
About Tim Mai
Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.
He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.
He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares.
He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.
Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.
Connect with Tim
- Website: Capital Raising Party
- Facebook: Tim Mai | Capital Raising Nation
- Instagram: @timmaicom
- Twitter: @timmai
- LinkedIn: Tim Mai
- YouTube: Tim Mai