0 to 500+ Units in 3 Years w/ Joseph Kimbrough

1st Episode of Season 2, we have Joseph Kimbrough join us and share his journey from learning real estate to becoming a successful multifamily real estate investor. He started as a wholesaler and quickly found success, but realized he wanted to own properties and generate cash flow. Joseph then transitioned to multifamily real estate and formed a fund to raise capital for acquisitions. He emphasizes the importance of being intentional and building trust with investors. Joseph also discusses his involvement with TEDx and Forbes, highlighting the value of personal branding and credibility in the industry. Joseph Kimbrough discusses his future plans for Apex Real Estate, including expanding into the beauty industry by setting up a med spa. He draws inspiration from other successful business ventures and emphasizes the importance of equity in real estate. Joseph also shares insights on investing in different neighborhoods and choosing the right kind of fund. He highlights the significance of networking and intentional proximity to high net worth individuals. TakeawaysJoseph Kimbrough plans to expand Apex Real Estate by setting up a med spa in the beauty industry.Equity in real estate is a focus for Joseph, while single-family homes may be considered for long-term investments.Investing in D-class neighborhoods is not recommended by Joseph, as it can lead to safety concerns and potential losses.Choosing the right kind of fund is crucial for fund managers, considering the target audience and marketing strategies.Networking and intentional proximity to high net worth individuals can open doors for investment opportunities.Embracing learning lessons and persevering through challenges is essential for entrepreneurial success.Chapters00:00Introduction and Background03:03Transition to Real Estate Investment06:03Starting as a Wholesaler09:46Transition to Multifamily Real Estate15:20Raising Capital for Syndication19:00Deal Structure and Returns22:30Selecting Syndication Partners27:23Involvement with TEDx and Forbes29:59Future Plans for Joseph and Apex30:16Expanding into the Beauty Industry31:01Setting Up a Med Spa32:56Inspiration from Other Business Ventures33:37Equity in Real Estate vs. Single Family Homes34:14Investing in D-Class Neighborhoods35:06Choosing the Right Kind of Fund37:56Two Action Steps for Raising Capital39:12Meeting Mark Cuban40:03Intentional Networking and Proximity41:43Avoiding Lifestyle Downgrades45:10Embrace the Learning Lessons46:20Looking for Accredited Investors46:51How to Connect with Joseph KimbroughConnect w/ Me via Text!Subscribe To Our Weekly Youtube Channelwww.youtube.com/@GrowthHouseTVFollow Me As I Travel & Build:IG: TheJesseRayLI: www.linkedin.com/in/jesserayc/Growth HouseIG: TheGrowthHouse