How do you get started in multifamily apartments? While Tyler Chesser was doing international marketing, he decided to transition into multifamily as a broker. Tyler received his CCIM certification, demonstrating his expertise in multifamily. After doing numerous deals, he decided he was on the wrong end of the table during transactions and decided to become an investor. His first deal as an investor was a passive investment, before being active in his home state of Kentucky. Tyler is the Co-Founder of CF Capital and hosts the Elevate podcast. In this episode, Tyler shares how he transitioned from marketing into multifamily as a broker, and then as an investor. Tyler also shares key stats on Louisville, Kentucky, how new investors can get taken seriously by brokers, and lessons from his Elevate podcast.
Partner: Get Multifamily and Marketing Consultation through the Capital Impact Club
Transitioning from international marketing, to real estate investing as a broker
Detailed tips on how to quit your corporate job and move into real estate investing full time
Tyler’s approach to investing and why: Passive investor in Georgia, Active investor in Kentucky
Pivoting into multifamily syndication investing
A deep dive into the Louisville, Kentucky market for multifamily investing
How being a broker has helped Tyler become a better investor
What investors can do to be taken more seriously by brokers: Credibility is everything!
Tyler’s investing strategy for multifamily
The differences between being a broker and an investor
Building up an active portfolio while passive investing in other deals
What Tyler has learned in passive investing
Elevate: The value you gain from starting and producing a podcast
Don’t live a life that you tolerate.
Living in equanimity: What is it and why it’s important for a balanced life
Ask yourself this question in any situation for clarity: What lesson am I supposed to learn from this?
Partner: Download our Sample Deal Package
First deal was a total failure but learned many lessons from it.
Most Recommended Book:
Think and Grow Rich (reads it every year)
Reading (1 hour every morning)
Wish I Knew When I Was Starting Out:
No one cares about my ego
The economy and where it’s headed.
Best Place to Grab a Bite in Louisville, KY
Porcini or Jack Fry’s
Connect with Tyler