JF 4029: Build-to-Rent Momentum, Fund-of-Funds Partnerships and The Waco Playbook ft. Ryan Watts

On this week’s episode of Unlimited Capital, Richard McGirr interviews Ryan Watts. Ryan shares how he co-founded Red River Development and scaled a Build-to-Rent platform to 1,900 units and $600M AUM by leaning on RIAs, family offices, high net worth investors, and a robust fund-manager channel. He explains why they prioritize prerecorded webinars, turnkey deal rooms, and third-party experts to help fund managers raise faster with more credibility. Ryan also previews their 206-home Waco, Texas BTR project, outlining a conservative 65% LTC capital stack, a merchant-build strategy targeting 2x equity, and why Texas demand makes the story compelling. Ryan WattsCurrent role: Co-Founder, Red River DevelopmentBased in: Dallas, TexasSay hi to them at: https://redriverdevelopment.com/ | LinkedIn This is a limited time offer, so head over to aspenfunds.us/bestever to download the investor deck—or grab their quick-start guide if you’re brand new to oil and gas investing. Visit investwithsunrise.com to learn more about investment opportunities.  Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Get a 4-week trial, free postage, and a digital scale at ⁠https://www.stamps.com/cre⁠. Thanks to Stamps.com for sponsoring the show! Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It’s free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices