
The Lone Star Capital Podcast
The Lone Star Capital Podcast interviews institutional investors to learn more about their strategies, sponsor and investment criteria, due diligence process, and asset management practices.
New episodes every Monday at 9am EST.
Episodes
331 episodes
What Sponsors Don’t Want You to Know About Underwriting
In this episode, Craig McGrouther and I dive deep into the nuances of "above the line" and "below the line" expenses in multifamily underwriting. We explain how the "line" is Net Operating Income (NOI), with operating expenses like payroll and ...
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32:05

Family Offices & Multifamily: Where the Smart Money Goes
In this episode, Craig McGrouther sits down with Bernard Pierson, co-founder of EHP Capital, who's been LP investing since 2012 and now focuses on value-add multifamily in Kansas City. Bernard reveals a counterintuitive insight from his 50+ LP ...
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37:52

The Tax Secrets Wealthy Real Estate Investors Use (And You Don’t)
In this episode, Craig McGrouther and I tackle two of the most frequently asked questions from investors: bonus depreciation and 1031 exchanges. With 100% bonus depreciation returning, they explain why this doesn't automatically mean 1:1 deprec...
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27:58

Fund Friday E93: The Real Estate Playbook for High Earners with Bryan Morris
In this episode, Craig McGrouther sits down with Bryan Morris, co-founder of Seven Peak Capital, who shares his journey from earning $50K at Pepsi to building a successful fund management firm serving tech sales professionals. Bryan reveals how...
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44:46

Fund Friday E92: How to Build Trust Without a Deal on the Table with Joey Mure
In this episode, Craig McGrouther sits down with Joey Mure from Wealth Without Wall Street, who shares his transformation from earning $300K+ in the mortgage business to building $50K/month in passive income. Joey reveals why traditional financ...
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45:33

E103: The Danger of Believing Every Return Projection
In this episode, Craig McGrouther and I discuss the upcoming Lone Star Capital Summit and why this curated event stands apart from typical real estate conferences. We then shift to market analysis, discussing why Class C properties and ...
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28:36

Fund Friday E91: How Family Values Guide Every Investment with Derek Dombeck
In this episode, Craig McGrouther sits down with Derek Dombeck, host of Generations of Wealth podcast and veteran real estate entrepreneur with 23 years of experience. Derek shares his story of losing everything in the 2007-2009 crash. Instead ...
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53:58

E102: 2025 Tax Bill Brings Bonus Depreciation Back
In this episode, Craig McGrouther, Sam Morris and I break down Trump's "Big Beautiful Bill" and its massive implications for real estate investors. The return of 100% bonus depreciation is a game-changer, allowing investors to front-load tax be...
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36:43

Fund Friday E90: How David Thompson Built Wealth in Syndications & Alternative Investments
In this episode of Fund Friday, Craig McGrouther sits down with David Thompson, founder of Thompson Investing, who shares his journey from corporate executive to full-time real estate investor and capital raiser. David reveals how he pivoted in...
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46:38

E101: Why Communication Is Everything in Private Equity
In this episode, Craig and I tackle the controversial topic of promote structures and fund manager compensation. We break down the double waterfall structure for fund managers and why projected compensation is never guaranteed.I share t...
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Episode 101
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43:21

Fund Friday E89: Creating Culture & Systems at Scale with Hannah Wyatt
In this episode, Craig McGrouther sits down with Hannah Wyatt, Lone Star Capital's Director of HR, who shares her remarkable journey from Executive Assistant to building our HR infrastructure. Hannah reveals how she absorbed HR operations when ...
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46:32

Fund Friday E88: How a Fund Manager Built a Real Estate Portfolio & Launched a Scalable Investment Fund | Sarah Miskelly Interview
In this episode of Fund Friday, Craig McGrouther interviews Sarah Miskelly, founder of Hylee Capital, who shares her inspiring journey from growing up in multifamily property management in Toronto to becoming a location-independent fund manager...
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35:10

E100: How Smart Investors Use Cash-Out Refis to Win in Multifamily Real Estate
In this milestone 100th episode, Craig McGrouther and I share an incredible news: Preserve at Copperleaf, a 240-unit, 2003-vintage apartment community Lone Star Capital acquired in May 2024, just closed on a hugely successful 45% cash out refin...
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Episode 100
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41:15

Fund Friday E87: Commercial Real Estate 2025: Market Cycles, Financing Trends & Equity Strategies with Scott Croul
In this episode, Craig McGrouther sits down with Scott Croul of George Smith Partners to discuss navigating the longest multifamily downturn in recent memory at 36 months and counting. Scott breaks down the current capital stack dynamics, revea...
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33:42

Fund Friday E86: How to Build Passive Income as a Limited Partner | Pascal Wagner Interview **
In this Fund Friday episode, Craig McGrouther welcomes Pascal Wagner, founder of Grow Your Cashflow. Pascal shares his journey from managing a $150M venture capital fund at Techstars to becoming an LP investor with $250K+ in annual passive inco...
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48:38

Fund Friday E85: Asset Management and Tenant Retention Strategies in Real Estate with Sawyer Zimmerman
In this episode, Craig McGrouther sits down with Sawyer Zimmerman from our asset management team to discuss what really drives property performance in today's challenging market. Sawyer manages over 2,000 units across our portfolio and shares h...
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32:02

Fund Friday E84: Unlocking Syndication Opportunities with Dasha Beardsley and Branden Claisse
In this episode, Craig McGrouther is joined by Dasha Beardsley, Director of Investor Relations at Lone Star Capital, and Brandon Claisse from Tribevest, to walk through exactly how fund managers and capital allocators can raise capital alongsid...
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30:51

Fund Friday E83: How to Raise Capital in a Crowded Market with Ellis Hammond
In this episode, Craig McGrouther sits down with Ellis Hammond, VP of Capital at Aspen Funds, fresh off our co-hosted mastermind in Austin. Ellis shares his unconventional journey from college pastor to raising $250M+ in equity and reveals why ...
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44:59

E99: Multifamily Value Creation Through Expense Optimization
In this episode of the Lone Star Capital podcast, Craig McGrouther and I sit down with Sam Morris to discuss the significant positive shifts happening in the multifamily market after three challenging years. We reveal how our property i...
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Episode 99
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37:04

Fund Friday E82: The Secret to Great Asset Management with Joe Pistorius
In this episode of the Fund Friday podcast, hosts Craig McGrouther and Joe Pistorius dive into the critical role of asset management in multifamily. Joe shares insights from managing over 2,500 units across 11 properties, revealing how differen...
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39:46

E98: Why Culture and People Power Lone Star Capital’s Success
In this episode of the Lone Star Capital podcast, Craig McGrouther and I sit down with Sam Morris, Partner at Lone Star Capital to discuss the impact of Texas HB21 on property tax exemptions and affordable housing deals. We explore how this new...
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Episode 98
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43:18

Fund Friday E81: Best Practices for Raising Capital in Today’s Market with Sam Morris
In this episode of the Fund Friday, Craig McGrouther and Sam Morris outline what it really takes to raise capital consistently in today's market. They break down the exact system that helped close over $100 million in equity, including how they...
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54:14

E97: The Truth About Real Estate Distress
In this episode of the Lone Star Capital Podcast, Craig McGrouther and I dive into what’s really happening in the Austin multifamily market and why investors shouldn’t be scared off by the headlines.We break down how recent pressure fro...
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Episode 97
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35:58

Fund Friday E80: Raising Real Money the Smart Way with Dasha Beardsley
In this Fund Friday episode, Craig McGrouther interviews Dasha Beardsley, Director of Investor Relations at Lone Star Capital and now author of Maximizing Wealth through Syndicated 1031 Exchanges. They dive into how passive investors can use 10...
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36:18
