EP 127: Andrew Cushman - Lessons from 16 years and 2700 Units in Multifamily

Andrew Cushman is a former chemical engineer who found his entrepreneurial calling in real estate. In 2007, Andrew left his corporate position to start a business in real estate investment, starting off flipping single family properties in Southern California. Sensing a shift in the market, in 2011 Andrew transitioned to multifamily acquisitions and has successfully syndicated and repositioned over 2,600 multifamily units. He is a frequent guest and panelist on Real Estate podcasts and educational forums. Outside of the business world, Andrew has been a certified alpine ski instructor and when not working in real estate enjoys surfing, backcountry skiing, and trying to not be outwitted by his two young children. HIGHLIGHTS IN THE SHOW: 00:00 - Intro 01:26 - Andrew’s Background 03:57 - Impact Equity Ad 04:25 - Leaving Your W2 07:16 - Investor Capital and Flipping 09:07 - Multifamily Funding 10:13 - The Multifamily Investor 12:16 - Flipping Business 14:00 - Building A Team 18:28 - Hindsight 19:49 - Class A, B, and C 23:03 - Exit Strategies 25:01 - Cashflow Investors 26:36 - Ideal Asset 27:45 - Vantage Point Acquisitions  30:34 - The Future Of Multifamily 33:53 - Good Debt 36:29 - Educational Resources 38:47 - Bucket List 40:11 - Where Would You Invest 100k 41:19 - Connect With Andrew CONNECT WITH OUR GUEST:https://www.vpacq.com/home https://www.linkedin.com/in/andrewcushmanvpa/ CONNECT WITH OUR HOST: Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor ---------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.it Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/