$38K Triplex to $1 Billion in Multifamily Syndications (Moved From Australia)

In this episode, we break down how Reed Goossens moved to the U.S. from Australia knowing no one, bought a $38,000 triplex, and eventually helped acquire over $1 billion in multifamily real estate. Reed shares what it took to scale from small rentals into large syndications, navigate market cycles, and build a serious investment business in America.If you’re enjoying conversations like this, join the Launch REI Newsletter for insights from top real estate investors:https://newsletter.launchrei.co/This Show Sponsored ByEasy Street Capital — a trusted private lender for real estate investors offering fast, flexible financing for rental properties and fix-and-flips.Check them out here: https://easystreetcap.com/launchrei/TrueBooks CPA — proactive tax strategy and accounting for real estate investors. From cost segregation and depreciation strategies to entity structuring and year-round tax planning, they help investors keep more of what they earn.Check them out here: https://truebookscpa.com/home1?am_id=vince2128In this episode, we break down• How Reed went from immigrant engineer to acquiring $1 billion in multifamily• Why his first $38,000 triplex laid the foundation for scaling into syndications• How he grew from small deals into a 5,000-unit multifamily portfolio• What investors misunderstand about raising capital and building syndication businesses• How Reed evaluates deals, buy boxes, and why only 1% of deals make the cut• Lessons from floating rate debt, market corrections, and surviving a multifamily downturn• How to build the right partnerships across acquisitions, capital raising, and operations• Why multifamily may be entering one of the best buying windows in years• How Reed built multiple businesses beyond real estate, including a CPA roll-up platform• What active and passive investors should know before investing in multifamily todayTime stamps00:00 Moving from Australia to the U.S. and starting over 04:53 Buying a $38K triplex and getting started 09:31 Scaling into syndications and multifamily acquisitions 15:44 Building teams and operating across multiple markets 17:33 How Reed evaluates 500 deals a year 19:41 Lessons from interest rates and market cycles 23:25 Replacing a W2 with multifamily investing 26:51 Seller financing opportunities in multifamily 33:55 Has multifamily pricing bottomed? 42:38 Advice for active and passive investorsGuest Bio Reed Goossens is a multifamily investor, syndicator, and founder of RSN Property Group. After moving to the U.S. from Australia as a structural engineer, he built a portfolio spanning nearly 5,000 units and over $1 billion in acquisitions. Reed helps investors build wealth through apartment syndications and alternative private equity investments.Connect with Reed GoosensWebsite: https://www.rsnpropertygroup.com/Instagram: https://www.instagram.com/reedgoossensConnect with LAUNCH REINewsletter: https://newsletter.launchrei.coPodcast Guest Application: https://launchrei.co/podcast/guest-apply/Mastermind: https://launchrei.co/mastermindYouTube: youtube.com/@VinceCraneWebsite: https://launchrei.coFollow VinceInstagram: https://www.instagram.com/vincecrane_/LinkedIn: linkedin.com/in/vincecrane#multifamilyinvesting #apartmentsyndication #commercialrealestate #passiveincome #capitalraising #wealthbuilding #realestateinvesting #financialfreedom #privateequity #multifamily #launchrei #reedgoossens