Reed Goossens Podcast on Raising $9.5 Million for a Multi Family Investing Deal with Projected $10 Million Profit.
Reed Goossens moved to the U.S. from Australia in 2012 to pursue a career in structural engineering. He soon discovered that the U.S. has a much lower barrier to entry to begin investing in real estate than Austrailia. After buying a triplex and a few duplexes, Reed decided it would be much quicker to scale up his rents and values by buying hundreds of units at a time. Fast forward a few years and Reed now only buys large multi family assets exceeding a few hundred units per deal. We dissect his most recent acquisition on today’s show-a 253 unit building in San Antonio Texas which he is going to turn around and exit in about 5 years for more than a $10M projected profit.
Reed Goossens & I Discussion Includes:
- Structure for Raising $9.5 Million Dollars in One Deal
- Projected Profit Over $10 Million
- Benefits of Scaling Your Real Estate Investment
- Graduating from Duplexes & Triplexes to 200+ Unit Deals
Listen Now:
Relevant Episodes: (There are 108 Content Packed Interviews in Total)
- Andrew Holmes on 850 Flips & 180 Rentals
- Dan Costa on Rehabbing & Selling 100 Houses Per Year
- Chris Prefontaine on $75,000 Average Profit Per Deal
- Paul Sloate on 3rd Quarter 2018 Economic Market Update
- Syndicating Capital for Apartment Complex Deals with Lane Kawaoka
- Scaling Up to Commercial Deals with Nathan Krauthamer
- Leveling up to a 195 Unit Value-Add Apartment Deal with Matt Faircloth
- Why Single Family Investing is BETTER than Multi Family with Greg Rand
Connect with Reed Goossens Podcast or Investing Company:
www.ReedGoossens.com
www.RSNPropertyGroup.com