Scaling from 80 to 4,000+ Doors with Andrew Campbell

Passive Wealth Strategy Show - Real Estate for Busy Pros

What key factors or trends should new investors be keeping an eye on?

Join us as we talk to Andrew Campbell, a successful real estate investor who has scaled from owning 80 units to managing 4,000 units. Through this engaging conversation, Andrew shares his journey of relocating back to Central Texas and taking the leap into full-time real estate investing. He talks about the current state of the market, how economic and real estate conditions have changed over the years, and how recent increases in interest rates have impacted single-family housing. He offers valuable insight on how to make long-term investments in a volatile market while understanding the risks involved.

This is a great opportunity for anyone looking to learn more about real estate investing and get inspired by an experienced investor!

[00:01 - 07:09] Opening Segment

• Andrew's incredible journey of scaling real estate investing

• How he built a portfolio of 80 units on his own

• Wildhorn Capital was founded in 2016 with 4000 units under management

• Real estate investing is a tangible hard asset with simple returns

[07:10 - 14:00] Overcoming Rejection and Taking the Leap

• A real estate portfolio was a consistent and steady side hustle

• Making the decision to leave job can be the scariest thing ever

• Why Andrew focused on building relationships with investors

• Rejection was seen as an opportunity to invest, not needing or wanting money

[14:01 - 21:03] Navigating the Changing Real Estate Market

• Real estate is a long-term game, and Central Texas has been a good place to invest in

• Interest rates have gone up, but still leading to increased demand for rental housing

• People are moving to Austin with means from other parts of the country, making it more affordable for them

• Low-interest rates are boosting new construction homes while people rent for longer periods due to a lack of inventory

[21:04 - 28:19] Lessons Learned from a Real Estate Investor"

• The importance of understanding the local market and its nuances when investing in real estate

• The art and science of real estate investments

• The importance of understanding tenants' experiences in the markets where you invest

[28:20 - 31:08] Closing Segment

• Best investment: A 35 IRR with double the money invested

• Worst investment: Chasing big returns without doing enough due diligence on the sponsor

• Most important lesson learned: Take the first step and get started

Quotes:

"If you sit down at the table and you don't know who the mark is, then you're the mark." - Andrew Campbell

"Real estate is not just a spreadsheet; it's qualitative and quantitative. It's art and science." - Andrew Campbell

Connect with Andrew:

Email: [e-mail]

Website: https://wildhorncap.com/

Apply to Invest with Taylor at www.investwithtaylor.com

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