SA505 | The Guide to Cultivate Your Knowledge on Real Estate Development with Sam Bates

Today, Sam Bates joins us, and we’ll learn how he navigates different niches in real estate, from single-family to multifamily, and now nailing the development side of the business. Get tons of insights as he also talks about his strategic planning on doing projects, underwriting, and research in a shifting market. Make sure not to miss this one!Key Takeaways to Listen forStrategies to diversify a portfolio and shift from one asset class/niche to anotherA conservative approach to real estate developmentEstimated cap rates, basis points, and compression on development projectsMarkets you could consider for single-family and multifamily development projectsThings real estate developers should consider and focus onKeys to success in real estate developmentResources Mentioned in This EpisodeTop 10 Reasons Why The 1% Prefer Private Investments Free Apartment Syndication Due Diligence Checklist for Passive Investor About Sam BatesSam Bates is the founder and CEO of Bates Capital Group. He is also a partner and advisory board member of Systematic Capital. Sam started his real estate journey in 2009 and has been directly involved in the acquisition or development, repositioning, disposition, asset management, and strategic planning of over $200MM in AUM. His portfolio currently has 1,035 multifamily units in Texas and the Southeast. They have over 1,000 units in their development pipeline.  Sam spent over a decade in Corporate America working in various consulting, finance, and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy.  Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University. Sam is an avid sports fan, and skier, and loves to read. Connect with SamWebsite: Bates Capital GroupConnect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.