People and problem-solving are two of the most important aspects of any business and are the ones to which Chris Roberts’ credits much of his success. On today’s show, Chris makes a strong case for surrounding yourself with a great team and not trying to do everything yourself, as he once did. Chris and his team managed to close over 200 doors during the height of the COVID-19 pandemic, and he shares some tips on how you can also build up a business that is resistant to shocks like this.
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We discuss the challenges that partnerships can sometimes carry with them, and ways to work around these. Chris is a firm believer in the value of continuous learning, and he encourages anybody in the real estate industry to broaden the scope of their knowledge far outside of that one field, and to always follow the data! We cover a number of other topics too, including how Chris and his team differentiate themselves from others in the industry, the importance of putting yourself out there and being genuine, and some of Chris’s favorite sources of knowledge. Be sure not to miss out on today’s informative episode with a man who is not only very successful but very charitable as well!
Key Points From This Episode:
- Chris talks about his journey into the multifamily space and the help he had along the way.
- The danger of constantly being in a “go-go-go” mindset.
- Being genuine, putting yourself out there, and caring about others will benefit you in business.
- How Chris formed one of his very successful business relationships.
- The key elements in every business: people and problem solving.
- Why Chris’s team has been an immeasurable part of his success.
- Advice on how to avoid being taken advantage of by a business partner.
- What Chris wishes he had known earlier about the multifamily space.
- Why Chris encourages people in the real estate business to branch out and engage with many other topics.
- Chris shares some of his favorite resources for learning about understanding and dealing with people.
- The most challenging aspect of syndication for Chris.
- Why Chris firmly believes in “following the data.”
- How Chris and his team managed to close over 200 deals during the COVID-19 pandemic.
- Some examples of ways to protect your business.
- The ways in which Chris and his team set themselves apart from the rest.
[bctt tweet=”Let’s have genuinely honest conversations and then let’s put in the work and show people around us that we’re worthy of success. — Chris Roberts” username=”whitney_sewell”]
Links Mentioned in Today’s Episode:
About Chris Roberts
Founder and CEO of Sterling Rhino Capital, LLC. Chris Roberts has been a full-time entrepreneur and investor since 2007. He owns and operates a multimillion-dollar Sales and Marketing Company and also owns a property management business that controls many of his own rentals. Chris is a partner in a Point-of-Sale software company (High Trek POS) and has a proven track record of building successful businesses. Each of his rental and/or flips have realized higher than average returns. Chris has renovated, flipped, built or held 12 single-family residences and raw land with funds from private individuals and/or with his own personal capital. Chris holds investments or shares in over 2137 units across the county. Chris and the Sterling Rhino team recently closed on a 112-unit value-add property in Georgia and 104-unit property in Virginia.
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