Thu, 4 October 2018
When you know, you know.
Once Kyle Collins fell in love with multifamily as an asset class, he didn’t waste any time. In 9 months, he went from zero to 112 units and quit his job to pursue real estate investing full time.
Kyle is the Principal at Beechwood Holdings, a multifamily acquisition firm focused on stabilized, income-producing properties. Prior to founding Beechwood, he served as a sales rep for Martech Medical and the Director of Business Development for his family’s business, Five Rivers Conservation Group. Kyle earned a bachelor’s in finance from Georgia Southern and an MBA from Emory University.
Today, Kyle sits down with me to discuss his transition to full-time real estate investor, sharing the challenges he faced finding deals early on. He explains how to build a network of brokers and potential investors as well as what questions to ask to be taken seriously. Kyle also offers advice on leveraging an experienced property manager, raising capital and investing in your own deal. Listen in for insight around setting realistic expectations and learn how to divide your time among raising money, prospecting deals and running the operations of your portfolio!
Kyle’s background and education
Kyle’s transition to real estate
The challenges Kyle faced early on
Kyle’s advice around building a network
Kyle’s advice on being taken seriously
The questions to ask when you see a property
How Kyle leveraged his property management firm
Kyle’s guidance around raising capital
The importance of being excited about a deal
How to reconcile desire with prudence
Kyle’s first 112-unit deal
The value of a quality property manager
What’s next for Kyle
Kyle’s insight on the level of effort necessary
Kyle’s top tips for aspiring multifamily investors
Connect with Kyle