Multifamily Missteps Hosted by Jerome Myers

Getting Over the Hump - Kyle Mitchell

July 14, 2020 jerome myers Episode 22
Multifamily Missteps Hosted by Jerome Myers
Getting Over the Hump - Kyle Mitchell
Show Notes

Today I had the pleasure of speaking with a multifamily syndicator, co-founder of Limitless Estates, Kyle Mitchell.

Listen to Kyle 's story of how multifamily investment can be successful with consistency.


Things you will learn in this episode:

[00:01 - 04:20] Opening Segment

  • Connect with Kyle Mitchell +5628335010. See below for his social links 
  • Kyle talks about his background and how he started investing in real estate

[04:21 - 09:36] Kyle’s First Multifamily Deal 

  • Kyle shares an exciting story about his first multifamily deal 
    • Closing 42-unit property in Tucson
    • How he raised a million dollars on a deal 
    • How he did his first deal with no prior existing multifamily experience

[09:37 - 15:07] Kyle’s Experience in Multifamily Syndication

  • Kyle talks about how his multifamily experiences in splitting syndication
  • Kyle talks about the importance of building a partnership in dealing with multifamily syndication
  • Kyle shares a fantastic story on why he quit his job to pursue his passion 

[15:08 - 23:03] Raising Capital Practices 

  • Listen to Kyle’s advice for someone like you who plans to have a career change 
  • Kyle’s shed some light on what he learned after he closed two deals 
    • Dealing with the lender and raising capital 
  • Kyle’s capital raising practices 
    • Building a relationship
    •  Educational platform
    • add value back to the people. 
  • Kyle talks about how he built his investor database
  • Kyle shares his experience in raising money 
  • Kyle talks about the importance of joint venture 

[23:04 - 24:37] Closing Segment

  • The words of wisdom you have for our listeners? 
    • “It’s all about consistency.” 

 

Tweetable Quotes: 

“As anyone who wants to get started in multifamily investing, the biggest thing that we have done that's created success for us is consistency” -Kyle Mitchell.


You can connect with Kyle on Linkedin, Twitter, Facebook, Youtube, Visit his Podcast


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