Cash Flow and Storage Plays with Wayne Courreges

In this conversation, Wayne breaks down his 80/20 approach: 80% stabilized, cash-flowing multifamily (100–150 units, 1980s+), and 20% entrepreneurial projects like 20×50 storage, build-to-rent, and a mixed-use development in Bryan, Texas. He explains how conservative underwriting, loan assumptions, and fixed-rate financing have helped him sidestep recent industry turbulence—and even buy a San Antonio asset ~$3M below last year’s price. We dig into the business case for large-format storage (think concrete, steel, low expenses, sticky business tenants), the realities of lease-up and operations, and why Wayne keeps these projects in the “innovation lab” while doubling down on bread-and-butter multifamily. Wayne also outlines his capital stack, how he combined 506(b) and 506(c) to include both known non-accredited and accredited investors, and the investor experience he aims to deliver: consistent communication, realistic cash flow, and education first.   - Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/