Scaling to $1B with Fund Managers
Scaling to $1B with Fund Managers On this Real Estate Hustlers Podcast episode with Rob co-founded Lone Star Capital in 2018 and has overseen the acquisition, financing, and management of over $600 million in apartment communities. As CEO, Rob drives the strategic growth of the firm, while also identifying and raising capital for new investment opportunities. He leads Lone Star Capital’s in-house property and construction management division, Lone Star Communities, ensuring excellence in renovation, lease-up, and ongoing management. Rob has sold over 25,000 copies of his two books on commercial real estate. He is a sought-after speaker at industry conferences nationwide and hosts the popular Lone Star Capital podcast. Prior to Lone Star Capital, Rob studied Information Systems at Carnegie Mellon University for two years before pursuing his entrepreneurial ambitions full-time. What actionable value will you provide to our listeners? -Real estate offers diverse opportunities for various skill sets. -Starting with a smaller deal can mitigate risks for new investors -Building a strong team is crucial for success in real estate -Due diligence is essential to confirm initial assumptions -Managing bad actors requires presence and proper deterrents -Vertical integration allows for better control over operations. -Investing in payroll is vital for property success -Investing in payroll is vital for property success -Repeat investors are key to scaling a real estate business -Understanding the construction process can save costs. -Confidence in closing deals is critical for investor relationships Watch the episode here: Listen to the podcast here: Key Points From This Episode: 1. Real estate offers diverse opportunities for various skill sets 2. Starting with a smaller deal can mitigate risks for new investors 3. Building a strong team is crucial for success in real estate 4. Due diligence is essential to confirm initial assumptions 5. Managing bad actors requires presence and proper deterrents About Rob: On this Real Estate Hustlers Podcast episode with Rob co-founded Lone Star Capital in 2018 and has overseen the acquisition, financing, and management of over $600 million in apartment communities. As CEO, Rob drives the strategic growth of the firm, while also identifying and raising capital for new investment opportunities. He leads Lone Star Capital’s in-house property and construction management division, Lone Star Communities, ensuring excellence in renovation, lease-up, and ongoing management. Rob has sold over 25,000 copies of his two books on commercial real estate. He is a sought-after speaker at industry conferences nationwide and hosts the popular Lone Star Capital podcast. Prior to Lone Star Capital, Rob studied Information Systems at Carnegie Mellon University for two years before pursuing his entrepreneurial ambitions full-time. Touch with Rob: Linked in: Randy Langenderfer  Join the Real Estate Hustlers Community: Investor Portal Free Facebook Group Josh Appelman Youtube Apply To Be A Podcast Guest