Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on financial topics!

In this episode, Marc Kulick founder and CEO of Vesta Capital, a real estate investment firm focusing in multifamily as well as Vesta Realty, his property management company that offers thorough operational control and oversight of the properties in his portfolio.

Marc talks about his amazing transformation from RA in college to multifamily investing specialist. He shares his thoughts on working with co-GP partners, pursuing projects without strict objectives, and overcoming the difficulties of generating money and maintaining properties.

Marc's views and tactics provide invaluable lessons for novice and experienced real estate investors hoping to thrive. Keep checking back!

Episode Topics

[001:24] Meet our guest, Marc Kulick
[04:00] Early Career Challenges and Lessons
[15:27] The First Deal and Fundraising Challenges
[19:08] Creative Fundraising Tactics
[23:06] The Importance of Property Management
[27:28] Understanding Investor Expectations
[29:25] What is one red flag every investor should look out for?
[30:47] What is a myth about the real estate business?
[33:23] Connecting with Marc

Notable Quotes

• "I understand property management from a pretty granular level. I think it's also a benefit when I interact with my teams." – Marc Kulick
• "Your first time managing a renovation, it’s... twists and turns along the way, but it's easier when it's on a smaller scale." – Marc Kulick
• "If they manage that property themselves... they have a much better idea of what they do and don’t like." – Tim Little
• "I was doing international affairs, which is about as bad as history, in terms of marketability." – Tim Little
• "We had a really fluid structure... it allowed us to experience growth and meet new people, and grow the firm that way, pretty organically." – Marc Kulick
• "The more money you bring to the table, the more say you have, the more leverage you have in that relationship, which I've learned the hard way." – Tim Little

👉Connect with Marc Kulick

• LinkedIn: Marc Kulick
• Website: Vesta Capital
• Email: marcvestarealproperty.com
• Telephone: (918) 271-5111

👉 Connect with Tim

• Linkedin: Tim Little
• Instagram: @tim_at_zana
• Email: tim@zanainvestments.com
• Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate
• Get your Passive Investor's Cheat Sheet FREE

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https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497