806: How Two Soccer Moms Went from Small Multifamily to $11M Real Estate Deals w/Breanne Weber and Denise Mayen
Want to invest in multimillion-dollar multifamily deals? You might think you don’t have what it takes to take down seven or even eight-figure real estate investments, but you’d probably be wrong. Today’s guests went from buying $99,000 rental properties to $11M multifamily apartment complexes while raising young children. So how do you scale from small to large multifamily and do it at a time when asset prices are so high, and competition remains fierce?
David Greene is joined by Matt Faircloth, instructor of the BiggerPockets Multifamily Bootcamp and author of Raising Private Capital. If you’re an avid BiggerPockets listener, you’ve probably heard Matt before on our past multifamily episodes. Today, Matt brought two of his students, Breanne Weber and Denise Mayen, to touch on how they went from real estate rookies with a few flips and rentals to chasing $11M multifamily real estate deals.
Breanne and Denise walk through their steps to find, analyze, and raise capital for massive multifamily deals. From finding the right partners to building your team, splitting roles and responsibilities, and chasing deals that seem almost impossible, today’s episode is for ANYONE who wants to level up their real estate portfolio and get into bigger properties with better profits.
In This Episode We Cover:
How to go from small to large multifamily investments and why you need to be “adding more zeros”
Finding your perfect real estate partner and what they should have that you don’t
Raising private capital for your real estate deals and why it’s not as hard as you think
The four real estate “superpowers” your team MUST possess to get big deals done
Diving deep into the $11M, 104-unit deal Breanne and Denise got under contract
When to walk away from a real estate deal and how to know it’s too much to handle
And So Much More!
Links from the Show
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
Sign Up for a BiggerPockets Bootcamp
Book Mentioned in the Show:
Grab The Revised Edition of “Raising Private Capital” by Matt Faircloth
Connect with Breanne & Denise:
Breanne's BiggerPockets Profile
Denise's BiggerPockets Profile
Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-806
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices