Building a $50M Value Add Multifamily Business - Gabe Bodhi, CEO of Tekton Group [Replay]

Gabe has led more than $50mm of multi-family investments in metro Denver, across more than 500 apartment units in Denver, Lakewood, and Aurora. Gabe is also the co-manager of over $25mm of multi-family investments (164 units) in Los Angeles.

On this episode, Jake & Gabe discuss: 

Going from Wall St. into Real Estate
Building Generational Wealth
Raising Capital
Executing Value-Add Strategies

Links:
Gabe on Twitter -   / gabebodhi  
Tekton Group - https://tektonre.com/

Connect & Invest with Jake:

Follow Jake on Twitter:   / jwurzak  
Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/
Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo

Topics:
00:00 - Intro
00:01:37 - Early Real Estate Ventures and Learning by Doing
00:03:06 - Raising Capital and Building a Real Estate Portfolio
00:04:13 - Personal Reflections and Motivations
00:07:19 - Investment Strategies and Market Insights
00:09:15 - Creating Generational Wealth through Real Estate
00:11:05 - Balancing Transactions and Long-Term Wealth
00:14:24 - Principles for Avoiding Forced Sales
00:20:39 - Identifying and Capitalizing on Fat Pitch Deals
00:26:32 - Understanding Sub-Institutional Real Estate
00:31:23 - Building a Reputation and Deal Flow
00:40:36 - Executing Value-Add Strategies Quickly
00:42:27 - Flexible Leasing Strategies
00:43:13 - Efficient Renovation Practices
00:44:53 - The Fund Structure Explained
00:45:39 - Advantages of a Fund Over Syndication
00:46:46 - Investor Relationships and Sales Approach
00:50:04 - Fund Management and Fee Structures
00:53:14 - Raising Capital and Market Trends
01:05:44 - Lessons from Past Deals
01:10:13 - Third-Party Management Insights
01:16:07 - Future Goals and Process Improvements
01:21:23 - Favorite Hotels and Closing Remarks