Multifamily Investing & Capital Raising | Sam Morris
Millionaire Mindcast
Matt Aitchison
4.8 • 721 Ratings
🗓️ 30 March 2026
⏱️ 44 minutes
🧾️ Download transcript
Summary
n this episode of the Millionaire Mindcast, host Matty A. sits down with Sam Morris, a partner at LSC Real Estate. Sam shares his incredible journey of transitioning from an 18-year career in corporate banking to building a massive portfolio of nearly 6,000 units across Texas. With over $800 million in real estate transactions under his belt, Sam unpacks how to underwrite deals like a bank and the importance of maintaining strict leverage at 65% for heavy risk mitigation.
They also dive into the nuances of raising capital using 1031 exchanges and how Sam managed to survive a massive setback when a hurricane destroyed his very first 100% leased property down to 12% overnight. If you're looking to understand the current multifamily real estate cycle and how to protect your capital in today's unpredictable market, this episode delivers a masterclass in smart investing.
Sam Morris’s Resources
Website: lscre.com
Episode Sponsored By:
Discover Financial Millionaire Mindcast Shop: Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/
CRE MASTERMIND: Visit myfirst50k.com and submit your application to join!
FREE CRE Crash Course: Text “FREE” to 844-447-1555
FREE Financial X-Ray: Text "XRAY" to 844-447-1555
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Well, I'm excited to welcome to the show, Mr. Sam Morris. |
| 0:12.8 | How are we doing today? |
| 0:14.1 | Excellent, Matt. Glad to talk to you. |
| 0:16.2 | Love it. |
| 0:17.0 | Well, I know there's a lot going on in the multifamily world right now. |
| 0:22.8 | There has been really post-COVID, so I know we're going to unpack a lot of kind of what you guys have been up to. |
| 0:29.0 | You know, for those that have never heard of you before, you know, how would you describe what you do and who you are in a few short sentences? |
| 0:39.2 | Yeah, so I'll partner at LSCRE. We are effectively owner operators in the great state of Texas. |
| 0:47.2 | We own a little less than 6,000 units here, and we are full of vertically integrated companies. |
| 0:52.5 | So we do property management, asset management, construction management, accounting all in-house. |
| 0:57.5 | And we're kind of that one-stop shop for those investors that invest alongside of us into our deals. |
| 1:03.8 | Love it. |
| 1:04.5 | Now, you've been involved in over 800 million in real estate deals, which is, you know, no small feat. |
| 1:12.1 | So you've seen and touched, I'm sure a lot of different assets with, uh, various strategies kind of deployed |
| 1:16.8 | with various capital stacks deployed. So maybe you can share real fast before we maybe rewind a little |
| 1:22.9 | bit and talk about how we got to where you're at today. What type of deals are you guys focusing on today |
| 1:27.8 | right now in the current landscape? Yeah, we're kind of hyper vigilant on location. That's a big |
| 1:33.1 | deal for us. But our buybox is, you know, call it in that $30 million range. We're looking for, |
| 1:40.2 | you know, what would I would say, a larger, more well-located apartment complex. And because of that |
| 1:46.3 | size alone, it's going to push us more into the primary markets here in Texas, Texas. So we buy |
| 1:52.0 | in what we call the Texas Triangle. So thank Houston, think Dallas. Those are probably our two |
| 1:56.4 | primary markets. You know, about 80% of our units are in Houston and so we always have an eye on |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Matt Aitchison, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Matt Aitchison and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.