WS1594: Amassing $1M Worth of Multifamily Portfolio | Corey Chonsky

Investing in real estate requires thorough underwriting, strategic partnerships, and continuous market research. Corey shares his background in commercial real estate and his success across multiple states in multifamily investing, making him produce a portfolio of over $1M. Fair Winds Capital Investments also exemplifies these qualities by taking calculated risks and exploring new markets while learning from their experiences. Tune in as Corey shares his company’s debt financing strategies and the company's growth plans and predictions about the future of the economy. Listen now!Key Points From This Episode: Corey’s background and where he is at today.Corey’s military background and transition into real estate.Corey discusses his move from single-family rentals to commercial real estate and the mental shift to make that change.How Corey was able to continue investing in real estate without a significant amount of capital and by getting into syndications and partnerships.Why asset management is something that Corey excels at and is his strength as a real estate investor?Corey talks about his team and the co-founders of Fair Winds Capital Investments.The typical cost of a deal, the money on Corey’s recent projects, and the amount of equity in debt.What is Fair Winds finding in the world of debt today?Corey shares about the contract they broke during their due diligence in Houston and why.The places Corey is looking to invest in today other than Houston.Tweetables:“I'm definitely on board with partnerships and invested dollars, my own dollars and bringing it all in together to take down a good deal.” - Corey Chonsky“For us, we wanted to get as much capital as cheaply as possible. And we went with the blended approach.” - Corey Chonsky“I'd much rather have partnerships involved in taking down a property than just me tryingAfter interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/