EP 135:  Gary Lipsky - Best In Class Multifamily Asset Management

Gary Lipsky is a 20+ year real estate entrepreneur focused on his award winning multifamily syndication business, and has acquired 3000+ apartment units valued at over $250MM. Gary is the host of the Real Estate Investor Podcast, where he interviews industry experts to provide broad range education to investors. He is also the best-selling author of Best in Class, founder of the Asset Management Summit, and a guest speaker featured at many prominent conferences. With over 30 years of operational expertise as a successful entrepreneur, Gary has built several companies including arc, an after school program with 700 employees and 9000 students, co-produced 3 independent films and started CORE, a non-profit organization for underprivileged children. His vast experience serves as a great foundation for his business as a multifamily operator. HIGHLIGHTS IN THE SHOW: 00:00 - Intro 01:37 - Gary’s Background 02:20 - Impact Equity Ad 07:45 - Asset Management 10:47 - Property Management 11:13 - Asset Management 13:10 - First Purchase 15:24 - Underwriting 17:59 - Fund Structure 20:38 - Good Capital Call 22:00 - Current Market 24:13 - Debt 26:20 - Underwriting 28:14 - Value Add 29:42 - Arizona Market 31:58 - How Would You Start Investing Now? 35:00 - Book and Podcast Recommendations 36:31 - Bucket List 38:00 - BODC Multifamily Impact Fund 41:00 - Break Of Day Capital CONNECT WITH OUR GUEST: https://breakofdaycapital.com/ 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.itListen, like, subscribe, comment: http://thegentleartofcrushingit.com/