Episode 1488: Show Notes
Getting into real estate success means taking that uncertain leap, adapting to changes, and making the hardest decisions you’ll ever encounter. For today’s episode, Bronson Hill shares with us how he leaped into real estate and got big in multifamily along with the hard numerous decisions he had to make, and the changes he had to undergo before reaching the place where he is right now.
Bronson talked about how he became the general partner in about 2,000 multifamily units that are already worth over $200M. He also walked us through how he has already spoken to more than 1200 investors over the phone and how he was able to raise $25M for real estate. All these and his capital-raising coach skills that help investors find deals and raise funds for large real estate deals await you so make sure to listen now!
Key Points From This Episode:
- Bronson shares what he was doing before moving into his investing career.
- The pushback and advice Bronson can give to those who are interested to take the leap as he did.
- What happens if something doesn’t work out?
- What’s the worst thing that can happen to you?
WS1489
Speaking with your investors is crucial in combatting their fears and in helping them with their investments. In today’s episode, Bronson Hill elaborates more about the benefits and some of the risks in multifamily, more specifically in large multifamily. He also specified what is currently happening with rents and with tenants, along with how we should think about raising rents for tenants.
And from the current state of the economy, with the experience that it is harder now–– more than ever––to raise funds, Bronson shares with us the things he is doing and the things we should do in order to soften investor appetite for capital raising. Catch us today and even hear about his thoughts around 2008 to the current economic market and climate!
Key Points From This Episode:
- Bronson discusses why multifamily is outperforming single-family and its benefits.
- The benefits of multifamily assets.
- The reason why many people lost everything in 2008 and what Bronson think they should have done or paid attention to.
- Why can leverage work for you as much as it can work against you?
- The importance of Warren Buffet’s margin of safety.
- How can tenants afford rents if they continue to rise up?
Links Mentioned in Today’s Episode:
The Gifts of Imperfection Book
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About Bronson Hill
As the Managing Member of Bronson Equity (www.BronsonEquity.com), Bronson is a general partner in 2000 multifamily units worth over $200M. Bronson co-leads a large in-person multifamily meetup in Pasadena, CA called FIBI Pasadena Multifamily (www.fibipasadena.com). Bronson is the host of The Mailbox Money Show and he understands the investor mindset, having spoken individually over the phone with over 1300 investors and having raised over $30M for real estate and his ATM Machine Fund deals. Bronson is the author of How to Use Inflation to Your Advantage and is a regular contributor to YouTube and his blog. Bronson is the Capital Raising Coach at Kingdom REI, a faith-based group that helps investors find deals and raise funds for large real estate deals.
