Steven is a Managing Partner at Vertical Street Ventures, where he is responsible for acquisitions, sourcing capital, and building key strategic partnerships. As the founder of Vertical Street Ventures, he focuses his time on revenue-generating activities for the firm through multifamily real estate acquisitions.

Steven worked his corporate career in the Benefits / Consulting industry where he held various executive and sales leadership roles at Mercer and MetLife. As a Partner at Mercer, Steven was the Southern CA Office Leader for Mercer’s Health, Wealth, and Human Capital Consulting practices. Prior to Mercer, he worked for 16 years at MetLife, where he led the organization in Group Institutional Sales as a Client Executive and a Sales Leader. Steven started his career as a group insurance underwriter and graduated with a Finance degree from California State University Fullerton.

He has grown his Multifamily portfolio to over 3,200+ units across 4 states (AZ, CA,FL, TX) and has a keen focus on acquisitions and building key partner relationships across the market. In his spare time, he enjoys the "need for speed" as he shifts gears around a race track. Steven also enjoys vacationing with his wife, Rebecca, and two daughters.

HIGHLIGHTS FROM THE EPISODE

00:00 – Intro

00:54 – Welcome Steven to the show

01:28 – He talks about his background

05:35 – His reasons to focus on multifamily property

12:23 – Transition in to passive investment 

14:53 – What he experienced in a mentorship program

17:42 – The first challenging deal he made

25:40 – He talks about Vertical Street

29:54 – First steps to success

35:03 – His recommendations

36:46 – Final thoughts

BOOKS

Rich Dad's CASHFLOW Quadrant: 

https://www.amazon.com/Rich-Dads-CASHFLOW-Quadrant-Financial/dp/1612680054

CONNECT WITH THE GUEST

Email: VerticalStreetVentures.com

CONNECT WITH THE HOST

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @salesguyinvestor

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