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The Best Ever CRE Show

JF3749: Why This Texas Multifamily Owner Started a $3M Debt Fund (And Still Loves Buying Apartments) ft. Jacob Garza

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8983 Ratings

🗓️ 9 December 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this episode, Slocomb Reed interviews Jacob Garza, founder of REEP Equity, focusing on the commercial real estate landscape, particularly in Texas. Jacob shares his journey from tech entrepreneur to real estate investor, discussing the operational strategies of REEP Equity, their market focus, and the current acquisition opportunities in Texas. The conversation also delves into the recent launch of a debt fund, its mechanics, and how it fits into the broader investment strategy. Jacob emphasizes the importance of adaptability in the current market and shares insights on the future of multifamily investing. Jacob Garza | Real Estate Background Founder of REEP Equity Based in: San Antonio, Texas Say hi to them at: LinkedIn www.reepequity.com www.jacobgarza.com Sponsors: Altra Running Sunrise Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you looking for a tax-efficient way to build long-term wealth through commercial real estate?

0:05.0

Look no further than Sunrise Capital, where smart money meets affordable housing.

0:09.9

Sunrise Capital's mobile home park investment funds have delivered 28 consecutive quarters of on-time

0:15.8

distributions, with current investors earning 8 to 10% preferred returns with 16% targeted annual returns.

0:23.4

What sets Sunrise Capital apart?

0:25.6

They buy with a margin of safety using conservative leverage that's kept them stable,

0:30.1

while others have struggled with rising rates.

0:32.8

Their forever hold model prioritizes return of capital within seven years while building long-term wealth.

0:39.5

Plus, they're laser focused on the affordable housing niche, a sector with limited supply and

0:45.1

growing demand. Add on the exceptional depreciation and tax benefits that come with investing in

0:50.6

mobile home parks, and it's easy to see why investors have trusted Sunrise Capital

0:54.8

for more than a decade. Led by industry veterans Kevin Bup and Brian Speer, Sunrise Capital

1:00.5

is vertically integrated and has never made a capital call, never paused distributions, and

1:05.5

has never lost investor capital. These are all reasons why I myself have invested with Sunrise capital. So if you're a

1:12.6

high net worth individual looking for long-term growth in a passive, tax-efficient vehicle, visit

1:17.7

investwithsunrise.com to learn about their current fund offering. That's invest with sunrise.com

1:23.7

to get started today. Quick disclaimer, the views and opinions expressed in this podcast are provided for informational

1:30.0

purposes only and should not be construed as an offer to buy or sell any securities or to make

1:35.8

or consider any investment or course of action.

1:39.1

For more information, go to best ever show.com.

1:42.3

This is going to continue to be an industry that does very well and

1:47.0

provide housing for people who really need it in the meantime, create some legacy businesses

...

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