The Moonlight Real Estate Syndication Show
We show working professionals and busy people how to invest in real estate on a moonlighting or side hustle basis, or as a full-time business. We interview guests who have successfully started real estate businesses part-time and full-time, as well as individuals who use real estate syndications for passive income or general wealth. Whether you're looking to learn about or invest in real estate syndications, this is the show for you!
The Moonlight Real Estate Syndication Show
Actively Pursuing Owning 5,000 Multifamily Apartment Units with Ben Waller
Ben Waller is a Managing Partner at Monument Real Estate Capital. He grew up in Wisconsin, eventually moved to Utah, and graduated from the University of Utah with a Masters in Real Estate Development. He is working towards having 5,000 multifamily units under management and has raised over $4 million in private equity for multifamily projects. He enjoys spending time with his wife and two children and the board game Apples to Apples, which was started in his basement when he was growing up.
Tune in!
Eric Lindsey (Host)
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication Book:" https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
Click On The Link Below To Schedule A Call With Eric:
https://calendly.com/moonlightequitiesgroup/scheduled-conversation
During this episode, you will learn about:
[01:44] About the Apples to Apple game and how it works
[02:53] A bit about Ben Waller and how he started in real estate
[05:01] Why you don’t need a real estate license if your focus is on investment
[06:42] What Ben’s real estate day-to-day business looks like
[07:59] How Ben balances his time in his realtor and real estate investment career
[11:52] A high-level overview of a heavy lift deal that Ben completed
[14:38] The property’s heavy lift and Ben’s value add strategy since they took over
[16:17] What Ben is foreseeing in the market and why conservative is the way to go
[18:29] What Ben wishes he had known before he started investing in real estate
[18:54] How long it took Ben to complete his first syndication deal as a GP
[20:10] How Ben balances personal life and business to give both proper attention
[21:10] How to start a successful business like Ben’s with a W2 and a limited amount of time
[22:36] Ben's advice to anyone who wants to become an active syndicator but has little cash and experience
[23:41] The best way to partner with limited partners
[25:54] Personal development and business books that Ben recommends to Moonlight listeners
[29:35] The best way to reach out and connect with Ben
Notable Quotes:
- There are a lot of ways you can make money in Real Estate, and you don't need a real estate license to do a majority of it.
- If you just want to buy one or two rental properties, you can do it by yourself, but if you want to scale up and have a giant portfolio, you need a team.
- If you want to go bigger, invest the time in finding mentors and team members that you can work with.
- You can have everything you want in life by helping others get what they want.- Zig Ziglar.
Resources Mentioned:
Rich Dad Poor Dad by Robert Kiyosaki: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Think And Grow Rich Napoleon Hill: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331
Let’s Connect:
Ben Waller