Podcasts about bates capital group

Sam Bates from Bates Capital Group talks about shifting his real estate business from acquisitions to development, mainly in multifamily and retail spaces, due to recent market changes. He discusses challenges like zoning laws and investor management, and the impact of COVID-19 on the sector. Bates also shares insights on financial strategies and risk mitigation in large-scale real estate development. Sam Bates | Real Estate Background Owner of Bates Capital Group Portfolio: 1,000+ multifamily units Based in: Dallas, TX Say hi to him at:  batescapitalgroup.com Best Ever Book: The Success Principals by Jack Canfield   Sponsors BAM Capital Syndication Attorneyshttps://www.bestevercre.com/podcast/building-success-insight-int

We are joined this week with the CEO and Founder of Bates Capital Group, Sam Bates. He's been in real estate since 2009 and now has 1,035 multifamily units in Texas and the South East with 1,000 unites in the development pipeline. His company boasts an average IRR of 61% and from listening to him you'll understand why. Sam discusses with us how he finally found the nerve to ignore the advise of his friends and family and leave his 9-5 to pursue his "side hustle," here's a hint: it's not because he knew he wouldn't fail. Mentioned in the Episode: Who Not How by Dan Sullivan Rich Dad Poor Dad by Robert Kiyosaki The Real Estate Syndication Show by Whitney Sewell The Bigger Pockets Podcasts You can find Sam here: batescapitalcroup.com/invest/ https://www.linkedin.com/in/sambatesiv Join our Investor Portal for future updates and opportunities: https://yieldcoach.investnext.com/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/yieldcoach/message

With most existing multifamily properties still priced too high to generate decent cash flow, many operators are turning to ground up development to generate more attractive returns. When these projects go according to plan, investors can get all of their money back or even more upon permanent financing, and achieve an infinite return thereafter. Sam Bates, Founder of Bates Capital Group, has transitioned out of the acquisition of existing properties to exclusively focus on ground up construction. Sam develops in secondary and tertiary markets spreading out from the sprawling Dallas/Ft Worth market where land is still relatively cheap.

Being vertically integrated can mean different things to different people but, as Sam Bates has proven, it's far from being just another industry buzzword. Sam is the founder and CEO of Bates Capital Group. He started his real estate journey in 2009 and has been directly involved in the acquisition or development, reposition, disposition, asset management, and strategic planning of over $200,000,000 in AUM. His portfolio currently has 1,035 multifamily units in Texas and the South East. They have 1,100 units in the development pipeline. He shares his story and how Bates Capital Group has evolved over time to increasingly bring services in house to create economies of scale & savings by having their own contracting and dirt moving company, title company, property management, and more. Key Takeaways: - Add functions as necessary as you grown but focus on implementing the right systems to support finance, HR, marketing, etc. - Get the right people to the table. Sam's partners brought a diverse backgrounds of skills to the table that were complementary and they were able to take the shared knowledge and apply it to real estate. - Hire for the right fit. Hire slowly & fire quickly; nobody wants to fire people so try and make sure you have the right fit up front. - Keep your pipeline full. Since Bates is diversified, they're now able to shift attention more to development vs acquisitions to better adjust to current market conditions. Contact Sam: Email: sam@batescapitalgroup.com Website: https://batescapitalgroup.com/invest Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, Sam Bates joins us, and we'll learn how he navigates different niches in real estate, from single-family to multifamily, and now nailing the development side of the business. Get tons of insights as he also talks about his strategic planning on doing projects, underwriting, and research in a shifting market. Make sure not to miss this one!Key Takeaways to Listen forStrategies to diversify a portfolio and shift from one asset class/niche to anotherA conservative approach to real estate developmentEstimated cap rates, basis points, and compression on development projectsMarkets you could consider for single-family and multifamily development projectsThings real estate developers should consider and focus onKeys to success in real estate developmentResources Mentioned in This EpisodeTop 10 Reasons Why The 1% Prefer Private Investments Free Apartment Syndication Due Diligence Checklist for Passive Investor About Sam BatesSam Bates is the founder and CEO of Bates Capital Group. He is also a partner and advisory board member of Systematic Capital. Sam started his real estate journey in 2009 and has been directly involved in the acquisition or development, repositioning, disposition, asset management, and strategic planning of over $200MM in AUM. His portfolio currently has 1,035 multifamily units in Texas and the Southeast. They have over 1,000 units in their development pipeline.  Sam spent over a decade in Corporate America working in various consulting, finance, and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy.  Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University. Sam is an avid sports fan, and skier, and loves to read. Connect with SamWebsite: Bates Capital GroupConnect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams.

The Investor Relations Real Estate Podcast Episode 99 -Host: Jonny Cattani Guest: Sam BatesProducer: April MunsonJonny Cattani is joined by Sam Bates to discuss: How the 1% investsUnderwriting MF dealsAsset managementStrategic planningFinancial educationSam Bates is the founder and CEO of Bates Capital Group. He is also a principal and advisory board member of Systematic Capital. Sam started his real estate journey in 2009 and has been directly involved in the acquisition or development, repositioning, disposition, asset management, and strategic planning of over $200MM in AUM. His portfolio currently has 1,035 multifamily units in Texas, and the South East. They have over 1,000 units in their development pipeline.Mr. Bates and his team have provided an average IRR of 61% on all deals that have gone full cycle. The market cannot provide this and someone would be hard pressed to find another real estate investor to provide these types of returns to their investors.Sam spent over a decade in Corporate America working in various consulting, finance and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy.Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University. Sam is an avid sports fan, skier, and loves to read.Linked material referenced during the show: Book: The Success Principles - Jack Canfield https://www.amazon.com/Success-Principles-TM-Anniversary-Where/dp/0062364286Connect with Sam!Website: http://batescapitalgroup.com/Email: Sam@BatesCapitalGroup.comLinkedin: linkedin.com/in/sambatesivPhone Number: 972-855-7654Connect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/IRR Podcast Instagram: https://www.instagram.com/theirrpodcast/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1

“…high integrity, people that do their job is essential….”   In this episode of Cash Flow Pro, we talk with Sam Bates, Founder and CEO of Bates Capital Group. Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University. He also spent more than a decade in corporate America before starting a career in real estate. His sole focus is to help others improve their life conditions through real estate investing. His portfolio currently has 1,035 multifamily units in Texas and the Southeast. They have 1,100 units in the development pipeline. Sam and his team have provided an average IRR of 61% on all deals that have gone full cycle.   Bates Capital Group is a real estate investment company committed to acquiring value-add investment opportunities for investors. They aim to acquire high-quality assets that provide risk-adjusted returns to our investors.     In this episode, we discuss:   Property management and how it can affect your investment The importance of finding qualified personnel and when to invest more in services How due diligence can save your deals     Make sure to tune in on this episode to find out more!   Find your flow, Casey Brown   Resources mentioned in this podcast: https://www.linkedin.com/in/sambatesiv/ http://batescapitalgroup.com/

Even with interest rates going up and the economy seeming to be tapped out, we're still bullish on housing–especially apartments, multifamily, and build-to-rent communities. These properties are proving to be great investments, especially for first deals, and you're all but guaranteed to find renters for years to come. For this conversation, I'm excited to be talking with Sam Bates. Sam is the CEO of Bates Capital Group. Since 2009, he's been directly involved in acquisitions, repositions, dispositions, and sales of over $200 million in assets.  His portfolio currently has 1,035 units in Texas and the Southeast, with 1,100 units in the development pipeline. He recently bought a property for $16 million, added a couple of million dollars in upgrades and now it's valued at $32 million! Today, Sam joins the podcast to talk about his recent wins, why he bought into a company focused on single-family build-to-rent (and how it makes him money), and his advice for anyone that is looking to get into single-family or multifamily investing.  Key Takeaways with Sam Bates Why build-to-rent communities are satisfying renters' needs. How he evaluates build-to-rent deals in both single and multifamily units. Why it makes sense for new investors to start as a limited partner before entering into a general partnership. How to manage properties and oversee investments. Why the United States is becoming a renter nation–and why we're so bullish on multifamily in syndications. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/266 Rate & Review If you enjoyed today's episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

In this episode, Sam Bates—CEO and Founder of Bates Capital Group—shares the advantages of investing in mixed-use developments. He also walks us through the details of his first commercial development deal, the challenges he's faced, and how he scaled his business to $190M in AUM. Sam Bates | Real Estate Background Founder and CEO of Bates Capital Group, which syndicates commercial assets. Portfolio: ~$190M in AUM. Based in Dallas, Texas Say hi to him at: Batescapitalgroup.com | sam@batescapitalgroup.com Best Ever Book: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss

In this episode, we talk to Sam Bates about syndicating apartments, developments, and honestly, a little bit of everything.Sam Bates is the founder and CEO of Bates Capital Group. Sam started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $150,000,000 in AUM. His portfolio currently has 924 units in Texas and the South East. Sam and his partners have roughly another 300 units in the pipeline to be acquire or develop. Sam spent over a decade in Corporate America working in various consulting, finance and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy Links to Sam's Information: http://batescapitalgroup.com/972-855-7654 Find him on almost all social media platforms as well!  Thank you for listening to this week's episode of The No B.S. Real Estate Show! See you all next week! If you want to learn more about passive investing opportunities OR want to invest actively. Reach out to us on our social media or website.Our website: www.thevisioneergroup.com Ethan Neumann:Instagram: @EthanNeumannOfficialFacebook: https://www.facebook.com/EthanNeumann11Linkedin: http://linkedin.com/in/ethan-neumann1Harris Trail:Instagram: @HarrisTrailFacebook: https://www.facebook.com/harris.trail/Linkedin: https://www.linkedin.com/in/harrison-trail-5942211b5/

In this exuberant environment for Multifamily, the returns for ground up construction can be more compelling than usual. Although the risk profile is steeper, the rewards can more than justify the risk with an experienced operator. Today's guest, Sam Bates, Founder of Bates Capital Group, has recently done both ground up construction and acquisitions of existing properties, the deals just have to make sense.

Want a free CRE loan quote? https://quote.peakfinancing.com/quote-request Multifamily Real Estate Development and Asset Management with Sam Bates Sam Bates is the founder and CEO of Bates Capital Group and co-founder and managing partner of Trinity Capital Group. Sam started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $100,000,000 in AUM. His portfolio currently has 749 units in Texas, Mississippi, and Georgia. Sam and his partners have roughly another 250 units in the pipeline to be developed. Sam spent over a decade in Corporate America working in various consulting, finance, and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy. Today, Sam will share his experience in multifamily real estate investing in today's economic climate. Sam brings listeners insight into his recent experience in multifamily real estate development and his recent acquisition in the Florida Market. Sam also shares his knowledge in multifamily asset management! Sam Bates, Anton Mattli, and John Martinez discuss: Multifamily real estate development investing Multifamily real estate Florida market overview - prices, taxes, & more Multifamily asset management - reducing expenses, fees, and adding value to tenants! Anton Mattli CEO of PEAK Financing anton@peakfinancing.com https://peakfinancing.com/ John Martinez john@peakfinancing.com https://peakfinancing.com/ Sam Bates Bates Capital Group Info@BatesCapitalGroup.Com http://batescapitalgroup.com/ Trinity Capital Group Sam@TrinityCapitalTexas.Com https://www.trinitycapitaltexas.com/ Peak Financing Facebook Page - Like to receive episode updates and more! Peak Financing YouTube Channel - Subscribe to receive episode updates and recently featured! Peak Financing Official Website - Peak Market Watch Episodes Follow PEAK Financing FB: https://www.facebook.com/peakfinancing/ Twitter: http://www.twitter.com/peak_financing LinkedIn: https://www.linkedin.com/company/peak-financing/ Instagram: https://www.instagram.com/peakfinancing/

In today's episode of #RitterOnRealEstate, we sit down with Sam Bates. Sam is the founder and CEO of Bates Capital Group. Sam started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $150,000,000 in AUM. His portfolio currently has 924 units in Texas, Mississippi, Georgia, and Florida. Sam and his partners have roughly another 250 units in the pipeline to be developed. Sam spent over a decade in Corporate America working in various consulting, finance, and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy.Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University.  Key Points From The Episode:Building a business from the ground up.Partnering with the right people with the same values and vision.How the return profiles differ from an acquisition side to a development side.Components of market evaluation.Enhancing value by gaining supplementary knowledge.Entering a new market and managing from afar.Shifts in capitalization rates and how they affect investors.The Importance of revenue management system.Understanding ROI and how it is an important factor in evaluating a deal.Books mentioned:Who, Not How by Dan Sullivan and Dr. Benjamin Hardy

On today's podcast we talk with Sam Bates (CEO of Bates Capital Group) about his success in multifamily syndication. Sam left Corporate America and started his real estate journey in 2009. He walks us through how he first got into real estate, and the path and strategies he employed to get to where he is today. He also gives advice to investors interested in multifamily syndication.   Sam's mission is to help busy professionals like himself gain their freedom back through investing in high-quality real estate investments.   Key Discussion Points [00:59] Opening remarks by Eric Odum & Steven Silverman [03:48] About our guest: Sam Bates [05:27] How did you get into commercial / multifamily real estate? [08:51] What was your first deal? [10:22] Tell us about the structure of your deals [12:51] How do you manage the back-end of the syndication? Use another company? A software tool? [14:11] How do you deal with investors who want out of a syndication deal? [15:08] Tell us about how you've expanded your geographic reach [17:26] What attracted you to purchase a property in Sanford, FL? And what other areas in FL interest you? [20:17] How do you find your deals? Broker relationships? Send out letters? [21:42] How do you get the best value when selling a property? Go through brokerage? [22:56] How do you find your investors? [26:13] What do you look for in a deal? [28:51] How can folks reach you? [29:21] Any last words of advice for Florida real estate investors? [43:20] Closing comments by Eric & Steven   About Our Guest Sam Bates is the founder and CEO of Bates Capital Group and co-founder and managing partner of Trinity Capital Group. Sam started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $100,000,000 in AUM. His portfolio currently has 749 units in Texas, Mississippi, and Georgia. Sam and his partners have roughly another 250 units in the pipeline to be developed.   Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University. Sam is an avid sports fan, skier, and loves to the reader.   CONTACT INFO Website: https://batescapitalgroup.com Most social media platforms  

Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. In this episode, Todd talks with Sam Bates about how he can achieve a 41% IRR for his investors with his real estate development deals. Sam Bates is the founder and CEO of Bates Capital Group and co-founder and managing partner of Trinity Capital Group. Sam started his real estate journey in 2009 and has been directly involved in the acquisition, reposition, disposition, and asset management of over $100,000,000 in AUM. His portfolio currently has 749 units in Texas, Mississippi, and Georgia. Sam and his partners have roughly another 250 units in the pipeline to be developed. Sam spent over a decade in Corporate America working in various consulting, finance, and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy. 3 Pillars 1. Invest in an asset class that you know 2. Love what you invest in 3. Leverage Book: The Miracle Morning by Hal Elrod You can connect with Sam at www.batescapitalgroup.com or 972-855-7654 Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Connect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/ Subscribe to our email list at www.pillarsofwealthcreation.com Subscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation

Efficient systems make everything easier. In today's episode, we're going to dive into them!  Sam Bates is the Founder and CEO of Bates Capital Group and Co-Founder and Managing Partner of Trinity Capital Group.  Sam started his real estate journey in 2009 and he has been directly involved in the acquisition, reposition, disposition, and asset management of $100 million dollars in assets.  His portfolio currently has 749 units in Texas, Mississippi, and Georgia.  He has a Bachelor of Science degree in Finance from Texas A&M University, Master's degree in Personal Financial Planning, and an MBA from Texas Tech University.  He is an avid sports fan, skier, and loves to read.  [00:01 - 04:12] Opening SegmentLet's get to know today's guest, Sam BatesSam shares his starting motivators: math and financial mindsetSam's first multifamily acquisition[04:13 - 16:37] W-2 to $100mm in Assets Under ManagementInvesting single family homesHow to Set Up Efficient SystemsTraining a Virtual Assistant for Underwriting  Buying Multifamily StrategiesMultifamily and Commercial Real Estates are SportsHow to Finance Deals in the Equity Side [16:38 - 18:34] Final Four SegmentSam's advice to aspiring investors“Take action.”How Sam stays on top of his gameReading; listening to podcastsSam's way to make the world a better placeGiving time and monetary donations to organizationsReach out to our guest - see links below Final wordsTweetable Quotes“There's enough people out there you can get to work if you have the correct processes and procedures.” - Sam Bates “You don't really know what people can do unless they actually start doing the work.” - Sam Bates-----------------------------------------------------------------------------Connect with Sam Bates through: sam@batescapitalgroup.com, LinkedIn, and 972-855-7654.  Check out http://batescapitalgroup.com/ and find your real estate motivators!Connect with me:I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.  FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!Email me → sam@brickeninvestmentgroup.com

Efficient systems make everything easier. In today's episode, we're going to dive into them!  Sam Bates is the Founder and CEO of Bates Capital Group and Co-Founder and Managing Partner of Trinity Capital Group.  Sam started his real estate journey in 2009 and he has been directly involved in the acquisition, reposition, disposition, and asset management of $100 million dollars in assets.  His portfolio currently has 749 units in Texas, Mississippi, and Georgia.  He has a Bachelor of Science degree in Finance from Texas A&M University, Master's degree in Personal Financial Planning, and an MBA from Texas Tech University.  He is an avid sports fan, skier, and loves to read.  [00:01 - 04:12] Opening SegmentLet's get to know today's guest, Sam BatesSam shares his starting motivators: math and financial mindsetSam's first multifamily acquisition[04:13 - 16:37] W-2 to $100mm in Assets Under ManagementInvesting single family homesHow to Set Up Efficient SystemsTraining a Virtual Assistant for Underwriting  Buying Multifamily StrategiesMultifamily and Commercial Real Estates are SportsHow to Finance Deals in the Equity Side [16:38 - 18:34] Final Four SegmentSam's advice to aspiring investors“Take action.”How Sam stays on top of his gameReading; listening to podcastsSam's way to make the world a better placeGiving time and monetary donations to organizationsReach out to our guest - see links below Final wordsTweetable Quotes“There's enough people out there you can get to work if you have the correct processes and procedures.” - Sam Bates “You don't really know what people can do unless they actually start doing the work.” - Sam Bates-----------------------------------------------------------------------------Connect with Sam Bates through: sam@batescapitalgroup.com, LinkedIn, and 972-855-7654.  Check out http://batescapitalgroup.com/ and find your real estate motivators!Connect with me:I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.  FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!Email me → sam@brickeninvestmentgroup.com

In this podcast, Sam shares his experience with operating a successful syndication business and his takeaways that he gained from initially being a passive investor in an underperforming syndication. We also discuss how to effectively present and communicate deals to passive investors, lenders, and equity partners. Whether you are looking to purchase a duplex or 400 unit apartment building, this episode is sure to help you more effectively present your deals!Sam Bates is the managing partner of Bates Capital Group and a partner and co-founder of Trinity Capital Group. Both companies are based in the Dallas Fort Worth area. Sam's background is in financial services, state and local taxes, and real estate. He has been directly involved in the acquisition, rehabilitation, disposition, and management of over $100 million dollars in multifamily and single-family real estate since 2009. Sam has spent over 11 years in Corporate America, where he has had the opportunity to work with a lot of high net worth individuals. He worked with advisors to help grow their total assets under management significantly. Sam's real estate career started with investing in a large syndication as a passive investor in Dallas. The syndication underperformed and led Sam to start investing on his own into single-family homes. This has led Sam to grow into developing real estate, as well as commercial value-add real estate opportunities.Show Notes:3:50 Sam shares how he initially got into real estate and his background that led him to get into the business.6:25 We discuss when and how Sam made his first real estate investment.8:00 Sam shares what it was like to invest as a limited partner and why he made the transition to investing as a general partner.11:10 Sam dives into his transition from passive investing to becoming an active investor. He shares what his first active real estate investing deals consisted of.13:50 Sam shares his first deal and some of the limiting beliefs he had to overcome to get into the business.16:05 We discuss the main challenges that Sam had to face on his first deal and the takeaways that he has used for the subsequent deals.19:50 Sam shares the key points that are pertinent for investors. He goes over the main aspects of the deal that are essential to show investors in a concise manner, such as a slide deck.22:50 Sam discusses what his business is currently doing in the 2021 environment26:20 We discuss the conservative underwriting approach Sam initially used and how it has changed over time with experience.30:30 Sam shares his thoughts on the real estate market being hot over the past 3-4 months.33:25 Sam discusses one of his current businesses related to importing materials from China and how he initially came up with the idea.36:35 We discuss whether or not importing products would be a good way of reducing costs for your business, depending upon scale.39:05 Sam gives the advice that he would give himself if he were to start over again today40:15 Sam shares one skill or trait that he attributes his real estate success to.40:58 Sam shares some of his short-term business goals and what he plans to do over the next few months.CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/CONNECT WITH SAM:Phone Number: 972-855-7654Email Address: sam@trinitycapitaltexas.com

In this podcast, Sam shares his experience with operating a successful syndication business and his takeaways that he gained from initially being a passive investor in an underperforming syndication. We also discuss how to effectively present and communicate deals to passive investors, lenders, and equity partners. Whether you are looking to purchase a duplex or 400 unit apartment building, this episode is sure to help you more effectively present your deals!Sam Bates is the managing partner of Bates Capital Group and a partner and co-founder of Trinity Capital Group. Both companies are based in the Dallas Fort Worth area. Sam's background is in financial services, state and local taxes, and real estate. He has been directly involved in the acquisition, rehabilitation, disposition, and management of over $100 million dollars in multifamily and single-family real estate since 2009. Sam has spent over 11 years in Corporate America, where he has had the opportunity to work with a lot of high net worth individuals. He worked with advisors to help grow their total assets under management significantly. Sam's real estate career started with investing in a large syndication as a passive investor in Dallas. The syndication underperformed and led Sam to start investing on his own into single-family homes. This has led Sam to grow into developing real estate, as well as commercial value-add real estate opportunities.Show Notes:3:50 Sam shares how he initially got into real estate and his background that led him to get into the business.6:25 We discuss when and how Sam made his first real estate investment.8:00 Sam shares what it was like to invest as a limited partner and why he made the transition to investing as a general partner.11:10 Sam dives into his transition from passive investing to becoming an active investor. He shares what his first active real estate investing deals consisted of.13:50 Sam shares his first deal and some of the limiting beliefs he had to overcome to get into the business.16:05 We discuss the main challenges that Sam had to face on his first deal and the takeaways that he has used for the subsequent deals.19:50 Sam shares the key points that are pertinent for investors. He goes over the main aspects of the deal that are essential to show investors in a concise manner, such as a slide deck.22:50 Sam discusses what his business is currently doing in the 2021 environment26:20 We discuss the conservative underwriting approach Sam initially used and how it has changed over time with experience.30:30 Sam shares his thoughts on the real estate market being hot over the past 3-4 months.33:25 Sam discusses one of his current businesses related to importing materials from China and how he initially came up with the idea.36:35 We discuss whether or not importing products would be a good way of reducing costs for your business, depending upon scale.39:05 Sam gives the advice that he would give himself if he were to start over again today40:15 Sam shares one skill or trait that he attributes his real estate success to.40:58 Sam shares some of his short-term business goals and what he plans to do over the next few months.CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/CONNECT WITH SAM:Phone Number: 972-855-7654Email Address: sam@trinitycapitaltexas.com

Want to know how to raise capital in today's market? Today we are joined by Sam Bates, Founder/CEO of Bates Capital Group and Co-Founder/Managing Partner of Trinity Capital Group! Sam dives into his start in single family investment properties, transitioning to bigger projects, and the specifics of raising capital and making deals. We appreciate Sam for laying down his knowledge, and we hope all continues well for him! Don't forget to leave a rating and review, and we will see you on the next episode!   Books: The Success Principles by Jack Canfield, Miracle Morning by Hal Elrod   Contact: Sam Bates @SamBatesIV (twitter) sam@TrinityCapitalTexas.com inquiry@TrinityCapitalTexas.com   Timestamps & Show Notes: (0:00 - 1:55) Intro / Sam Bates (1:56 - 4:07) Sam's Path to Real Estate / Initial Investments (4:08 - 6:22) Top Three Lessons Learned  (6:23 - 8:33) Why Sam Went into Single Family (BRRRR Method) (8:34 - 11:39) How Sam Transitioned to Multi Family (11:40 - 13:13) Breakdown of Underwriting (13:14 - 16:54) High Points Sam Hits with Investors (16:55 - 18:48) Specifics of Raising Capital, Time Expenditure (18:49 - 21:03) Location of Sam's Assets (21:04 - 25:39) Fundamentals of Raising Capital and Making Deals (25:40 - 28:34) The Kind of Deals Sam Looks For (28:35 - 30:49) How Sam Looks at Deals -- Cap Rates, Cash Flow (30:50 - 33:17) Sam's Secret Sauce (33:18 - 34:12) An Opportunity Sam Sees (34:13 - 36:06) Technology Sam Uses (36:07 - 37:06) Sam's Big ‘Why' (37:07 - 38:49) Book Recommendations (38:50 - 41:07) Final Thoughts & Closing

In this episode, we have invited Sam Bates as he shares his experience of starting out in his real estate journey. Sam Bates is the managing partner of Bates Capital Group and a partner and co-founder of Trinity Capital Group. Sam has been directly involved in the acquisition, rehab disposition, and management of around 100 million dollars in multifamily and single-family real estate since 2009. In this episode, Sam gives a glimpse of how he started out in the multifamily space, the mistakes he made along the way, how he built his team, and the journey from buying multifamily until they decided to do ground-up development as a way to distinguish their company. Key Point SummarySam has always been interested to get into real estate but he never really understood real estate investments until 2009. Now, he has plans on getting a master's degree in real estate and thinks of pursuing a career as a loan officer, lender, or anything along those lines after finishing his degree.Over the last 10 years, real estate has been the darling child of investments. But through the help of social media and podcasts, people now have a working knowledge of what real estate can do compared to two decades ago. The general audience now understands how investing in real estate can help create generational wealth.After reading a few books about real estate, Sam decided to invest in real estate. He also joined a mentorship program in Dallas. Sam's first bad experience as a limited partner in a deal that never got under contract. Through the due diligence process, his partner found out there are some issues that he didn't realize early on, so he backed out but couldn't find another deal. His partner took 13,000 of Sam's $100,000 investment.During his second experience as a limited partner, Sam Started investing in single-family simultaneously which he did about 20 single-family acquisitions. At that point, Sam realized that he needed to move to a multifamily. Single-family is great and he made good returns on it, but it's very hard to scale and very labor-intensive.There are four classes in multifamily or just commercial real estate: Class A is your core plus. Class B could be in a good location. Then you have class C, which is usually a workforce of blue-collar housing, is usually out more into the suburbs further away from city centers. Class D is by far, the worst, if you have a bad tenant base, the delinquency will usually be pretty high and it's hard to collect rent, and years later, the location may not be desirable.For Sam and his business partner, anytime they start a project construction, they will hire third-party consultants to do their own surveys or market studies. They don't have to spend hours of research because they hire professionals to do it. They are confident that if they build a product, there's going to be demand because the worst thing you could do is build property and nobody wants to liveSam and his business partner talk to brokers and realtors about buying different lands. Lands have different types of zoning. They we usually buy it where it's not zoned multifamily, and they have to go through the process of zoning multifamily because that adds value.They both have pros and cons. Sam loves the construction aspect because they get to have a brand new building. You have a great tenant base that, at least from their standpoint, has always paid. One of the books that made a huge impact on Sam's life was Miracle Morning.Sam's family has always pushed him to have a good steady job. And I listened to them for a long time. But then he finally realized that he just needed to do it. He saved up through the single-family through the multifamily through just as his career salary going up and at that point, he was making six figures.When he was young, Sam envisioned himself being a doctor because he