Scaling to 700 units in under 4 years while navigating a tricky debt environment with Ross Mcarthur

🔥On this Real Estate Hustlers Podcast episode with Ross Mcarthur I have spent 15 years building, contributing, and working for software companies

ranging from start-ups (that eventually sold to private equity companies) to Fortune 500

companies, and even multibillion-dollar private conglomerates.

Even though I was an executive and on a great trajectory, I wanted more and to build

something for myself, my friends, and my family. Ever since I was 16 years old, Real

Estate and Entrepreneurship have been calling me. In January 2020, I started my Real

Estate Investing story, but it wasn’t before I spent thousands of hours learning the

industry that in March 2023, I did something that I' ve only dreamt of, and I was able to

leave Corporate America to focus 100% of my time and energy on my passion for Real

Estate Investing.

Fast forward to now, we have completed hundreds of Real Estate transactions. I am an

owner, manager, and operator of over 40 million dollars (700 Units) in Real Estate

Holdings. I also own and operate a residential flipping business that averages 30 flips

per year. The group investing company, I co-founded, is currently growing at an

average of 1 property (20 -150 units) per month. Our niche is finding creative ways in

the current lending environment to get profitable deals to the closing table.

My passion is to help educate, guide, and execute for others wanting to start or continue

along their Real Estate Investing journey through the brand, Follow the Deal

Investments. Our mantra is to help our partners and ourselves increase our " Velocity of

Money".

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Key Points From This Episode:

In this episode of the Real Estate Hustlers podcast, I had the pleasure of speaking with Ross MacArthur, a seasoned professional with over 15 years in the software industry who successfully transitioned into real estate. Ross now manages an impressive $40 million in holdings and leads a dynamic investment group.

Ross shared his journey from a corporate career to becoming a real estate entrepreneur. He began with a modest four-unit property in Indiana and quickly learned the ropes, scaling up to 125 units within a year by leveraging the power of cash-out refinancing. Ross emphasized the importance of starting small, proving the concept, and then scaling up.

We delved into the intricacies of partnerships and the structure of Ross’s investments. Initially, Ross and his wife aimed to lower their retirement age through real estate investments. They later partnered with Stan, and together they formed a joint venture focusing on friends and family investments, which has grown to include about 600 units.

Ross and I discussed the benefits of having an in-house property management company, which they started after experiencing inefficiencies with third-party managers. This vertical integration has allowed them to streamline operations and improve service quality.

We also touched on the current state of the market and the challenges posed by high interest rates. Ross shared his insights on navigating these conditions, maintaining conservative underwriting practices, and staying active in the market to capitalize on opportunities.

Lastly, Ross offered valuable lessons for entrepreneurs, such as avoiding overcomplication, focusing on proof of concept before scaling, and the importance of hiring the right people at the right time.

Listeners can connect with Ross on LinkedIn or visit followthedeal.com to learn more about his investment opportunities and business endeavors.

It was an enlightening conversation filled with practical advice for both seasoned and aspiring real estate investors. Stay tuned for more episodes where we continue to share the hustle and bustle of the real estate world.

About Ross: