JF3463: Ditching Student Rentals, Navigating Tenant Delinquency, and Letting Geographic Focus Drive ft. Mac Shelton
The Best Ever CRE Show
Best Ever CRE
4.8 • 983 Ratings
🗓️ 27 February 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
Mac Shelton — founding partner at Sweetbay Capital, which focuses on multifamily value-add deals in Virginia and the Carolinas — joins host Slocomb Reed on the Best Ever Show. In this episode, Mac discusses investing in student rentals before reading Joe Fairless’s Book — the Best Ever Apartment Syndication Book — and how the lack of scalability in student rentals led him and his partner to pivot to multifamily syndication. From niching down and investing in familiar markets to overcoming tenant delinquency, Mac shares his experience buying multifamily deals in the challenging landscape that defined 2023.
Mac Shelton | Real Estate Background
-
Founding Partner at Sweetbay Capital
-
Portfolio:
- 131 units with 60 more under contract
-
Based in Raleigh, NC
-
Say hi to him at
Sponsors:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Did you know that within a decade women will hold $30 trillion in investable assets? |
| 0:05.3 | Yet somehow only 19% of women reported feeling confident in selecting investments that align |
| 0:11.0 | with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas. |
| 0:23.0 | InvestHERCON is not just another real estate conference. |
| 0:27.0 | It's a transformational experience focused on real estate investing, |
| 0:31.0 | business strategies, and self-care tactics, all designed to help women take |
| 0:35.5 | control of their financial futures. Gain the knowledge and skills you need to grow |
| 0:40.0 | your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level. |
| 0:48.0 | To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket. |
| 0:56.6 | That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-G-O-K-K-O-K-O-K-O-Kom, |
| 1:00.6 | Prom best ever to get $100 off your ticket. |
| 1:05.0 | Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or |
| 1:15.6 | consider any investment or course of action. |
| 1:18.8 | For more information go to best ever show.com. |
| 1:21.9 | I don't want to say you can always find the money because it depends on a lot of different factors, |
| 1:25.4 | but if you have a network and you're reputable and people trust you and you've got a deal that is exciting, you can |
| 1:35.0 | welcome to the best ever show the world's longest running daily |
| 1:38.5 | commercial real estate podcast |
| 1:40.6 | our hosts interview commercial real estate experts every day to get you the best advice ever with none of the fluffy stuff |
| 1:47.4 | Best ever listeners welcome to the best real estate investing advice ever show. I'm Slocum Reed. Today we are joined by Mack Shelton. |
| 1:55.2 | Mac is joining us from Raleigh, North Carolina. His company is Sweet Bay Capital. They are a |
| 1:59.9 | value-added multi-family sponsor focused on Virginia and the Carolinas. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.