Ep. 121: Building a Dream Multifamily Team with Whitney Sewell

Whitney Sewell began his investing career in 2009 and has since invested in 900 doors valued at over $120 million. He hosts a daily podcast, the Real Estate Syndication show. He also owns and operates Life Bridge Capital with the purpose of creating passive returns and using a portion of the profits to help families seeking adoption. Today, he shares more about his passion for adoption, his target market, and building a dream team that has allowed him to grow his portfolio and run a daily podcast.

 

Partner: Download a Free Sample Apartment Deal Package

  

Key Market Insights

• Passionate about adoption but the process is a roller coaster and expensive
• Cost is $40k-$60k to adopt a child
• 50% of Life Bridge Capital’s profits go to helping adoption families
• Real estate focus is on value-add multifamily
• Target market is Colorado Springs, 100+ units, value-add properties
• Seeking stable property 80-85% occupied, not seeking massive renovation
• Value-add: raising rents, lowering expenses, management issues
• Colorado Springs: Steady growth and diverse jobs
• Had dinner a few nights in a row with his partner to get to know him
• Liked what he heard about him outside of real estate – who he was as a partner
• Had numerous Zoom calls with both wives to get to know each other
• Building a strong team has allowed for the production of lots of content
• What would Whitney change if he could start over: track all the steps and incorporate a task management system
• Understand the cost involved to produce as many shows and understanding how VAs work and how to find the right VAs

 

 

Partner: Check out the Passive Income through Multifamily Real Estate podcast with Kyle and Lalita Mitchell

 

 

Bull’s Eye Tips:

Winning Your Market: Know where the jobs are

Tracking Market Changes: City-data.com, Google and broker reports

Daily Habit:  Get up early

 

Resources:

Best Business Books:

Best Ever Apartment Syndication by Joe Fairless and Theo Hicks

  

The Road Less Stupid by M. Scott Peck

 

 

Digital Resources:

Contactually

Tweet This:

“What are your goals, what is your passion?”

 

“As a podcaster, it has helped me drastically and people learn about me and what’s important to me”

 

“Having a team makes it possible to do a daily podcast”

 

 

Places to Grab a Bite:

Longhorn Steakhouse – Roanoke, VA 

 

Connect with Whitney:

Website: LifeBridgeCapital.com

Email: whitney@lifebridgecapital.com

Phone: 540-585-4338

 

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