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Zach Haptonstall is the CEO and Co-Founder of Rise48 Equity, Rise48 Communities, and Rise48 Construction. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. Since 2019, Rise48 Equity has completed $2 Billion+ Dollars in Total Transactions. Support the Show.https://www.buzzsprout.com/1187780/supporters/newFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: info@ushacapital.comWebsite: www.ushacapital.comRegister for Multifamily AP360 - 2024 Asset Management virtual conference - https://mfap360.com/assetmanagementTo find out more about partnering or investing in a multifamily deal: email: info@ushacapital.com
Join us for an insightful episode of the Lone Star Capital podcast with Zach Haptonstall and Bikran Sandhu, co-founders of Rise48, a leading multifamily real estate investment firm. During our conversation, we will dive into their acquisition strategy, equity raising process, and the infrastructure they have built to scale responsibly. You will learn about their unique approach to identifying target markets, as well as the benefits of vertical integration and how they have brought construction management, supply chain, and property management in-house.We will also discuss their vision for scaling into an institutional platform and raising funds from endowments and pension funds. This candid discussion is not to be missed as Zach and Bikran share their experiences, lessons learned, and ambitious plans for the future!Learn more at www.lscre.com To apply to attend LSC Summit 2024: www.lscsummit.comFollow Rob Beardsley:YouTubeFacebookLinkedInRead Rob's articles:https://www.lscre.com/blog
Join us for a live recording from the Best Ever Conference in Salt Lake City on April 11th, 2024 on the PREIshare Podcasting Stage where we had a discussion around value add strategies, debt selections processes and the future of alternative investments with three of Impact Equity's premier operators: Zach Haptonstall from Rise48, Sam Silverman from Techvestor, and Rob Beardsley from Lone Star Capital.
In this episode of Multifamily AP360, host Rama welcomes Zach Haptonstall from Rise48Equity to discuss strategies for combating rising interest rates in the multifamily real estate sector. Zach shares how his company increased Net Operating Income (NOI) by accelerating renovation efforts and adjusting marketing tactics, such as investing in Google AdWords, to generate more leads and stay competitive. He also touches on the importance of vertical integration and being adaptable to market changes. Additionally, Zach provides insights into future housing supply shortages and emphasizes Rise48Equity's financial stability and successful execution of their business plan without requiring capital calls or missing debt payments.Support the showhttps://www.buzzsprout.com/1187780/supporters/newFollow Rama on socials!LinkedIn | Meta | Twitter | Instagram|YoutubeConnect to Rama Krishnahttps://calendly.com/rama-krishna/ E-mail: info@ushacapital.comWebsite: www.ushacapital.comRegister for Multifamily AP360 - 2024 virtual conference - https://multifamilyap360.mykajabi.com/AP360-2024To find out more about partnering or investing in a multifamily deal: email: info@ushacapital.com
Fuel your business enthusiasm today as Zach Haptonstall joins us for a comprehensive discussion about the power of self-directed learning and persistence in achieving your financial goals. Hop in to learn how he and his team manage and operate renovations for hundred-unit multifamily properties! Key Takeaways To Listen For The value of self-teaching in achieving great success Rise48 Equity: How they began and grew their business Why it might be better to have in-house property managers Practical ways to renovate multifamily properties and not lose tenants Pivotal changes in the lending landscape and its effects on the RE market Resources/Links Mentioned In This Episode Dave Ramsey books Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle and Mass Market Paperback Dave Ramsey's 7 Baby Steps CBRE Federal Home Loan Mortgage Corporation (Freddie Mac) Winning by Tim S. Grover | Kindle and Hardcover Relentless by Tim S. Grover | Kindle and Hardcover About Zach Haptonstall Zach is a co-founder and the CEO of Rise48 Equity, Rise48 Communities, and Rise48 Construction, focusing on acquisitions, capital sourcing, and strategic partnerships. Under his leadership, Rise48 Equity has achieved $1.99 Billion in total transactions since 2019. He has been a licensed real estate agent since 2016, holding positions in prestigious organizations like the Forbes Real Estate Council. His prior role as president and co-owner of Family Comfort Hospice resulted in a successful $9M+ annual revenue in 2021. Zach also played a key role as Director of Business Development at Sage Hospice in its rise to the #1 for-profit Hospice Organization in Arizona. His academic journey includes earning a Summa Cum Laude Bachelor's in Journalism and Mass Communication from Arizona State University and an MBA from the Colangelo College of Business at Grand Canyon University. Connect with Zach Website: Rise48 Equity LinkedIn: Zach Haptonstall, MBA Email: zach@rise48equity.com Connect With Us If you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/. Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554
In this podcast episode, Zach Haptonstall, CEO of Rice 48 Equity, charts his meteoric ascent in real estate. Starting from zero in 2019, he overcame challenges to manage assets worth $1.5 billion today. With roots in healthcare sales, Zach shares insights on networking, the importance of a track record, and leveraging partnerships in the multifamily real estate sector. An episode showcasing grit, transition, and strategic growth. Key Takeaways to Listen for Healthcare to Real Estate: Zach's background in healthcare sales enriched his networking skills for real estate success. Networking is Key: Strong professional relationships can unlock major real estate opportunities. Trust Through Track Record: A positive history in real estate builds credibility with investors. Partnerships Amplify Growth: Collaborative efforts are crucial in managing large assets in multifamily real estate. Resilience in Transition: Zach's rapid rise in AUM underscores the value of adaptability in the industry. Connect with Us To learn more about partnering with us, visit our website at https://javierhinojo.com/ and www.allstatescapitalgroup.com, or send an email to admin@allstateseg.com. Sign up to get our Free Apartment Due Diligence Checklist Template and Multifamily Calculator by visiting https://javierhinojo.com/free-tools/. To join Javier's Mastermind, go to https://javierhinojo.com/mastermind/ and to apply to his BDB Mastermind, see https://javierhinojo.com/mastermind/#apply_form and answer the form. Follow Me on Social Media Facebook: Javier A Hinojo Jr. Facebook Group: Billion Dollar Multifamily and Commercial Real Estate YouTube Channel: Javier Hinojo Instagram: @javierhinojojr TikTok: @javierhinojojr X: @JavierHinojoJr The Naked Truth About Real Estate Investing on Spotify
Today's guest - Zach Haptonstall- is the Chief Executive Officer and Co-Founder of Rise48 Equity, which has completed over $1.93 Billion in total transactions and purchased over 7,400 units since 2019. He recently did an $11 million multifamily deal - despite historic obstacles in the market. Today, we're diving into how he did it. Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Rise48 Equity is a retail syndication Multifamily Investment company with offices in Phoenix, Arizona, and Dallas, Texas. Rise48 Equity has completed over $1.93 Billion in total transactions and purchased 42 assets, 7,400+ units since 2019. They currently have $1.49 Billion+ of Assets Under Management in Phoenix and Dallas. They have completed 11 Full-Cycle Dispositions and returned capital to investors. The company has 190+ Full-Time Employees on Full Healthcare Benefits. Rise48 Communities is the vertically-integrated property management company that manages all assets owned by Rise48 Equity. They do all the construction management, property management, and asset management in-house with their staff. They only manage Rise48 assets and do not provide third-party management. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He and his wife, Grace own homes in both Phoenix and Dallas where they split their time between offices. During our conversation, I ask Zach:
Today's guest - Zach Haptonstall- is the Chief Executive Officer and Co-Founder of Rise48 Equity, which has completed over $1.93 Billion in total transactions and purchased over 7,400 units since 2019. He recently did an $11 million multifamily deal - despite historic obstacles in the market. Today, we're diving into how he did it. Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Rise48 Equity is a retail syndication Multifamily Investment company with offices in Phoenix, Arizona, and Dallas, Texas. Rise48 Equity has completed over $1.93 Billion in total transactions and purchased 42 assets, 7,400+ units since 2019. They currently have $1.49 Billion+ of Assets Under Management in Phoenix and Dallas. They have completed 11 Full-Cycle Dispositions and returned capital to investors. The company has 190+ Full-Time Employees on Full Healthcare Benefits. Rise48 Communities is the vertically-integrated property management company that manages all assets owned by Rise48 Equity. They do all the construction management, property management, and asset management in-house with their staff. They only manage Rise48 assets and do not provide third-party management. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He and his wife, Grace own homes in both Phoenix and Dallas where they split their time between offices. During our conversation, I ask Zach:
Zach Haptonstall is the CEO & Co-Founder of Rise48 Equity.Over the past 5 years, Rise48 has grown to more than $1.5b assets under management with more than 45 properties and 8,100 units.That is a lot of growth.I enjoyed hearing and learning from Zach. We dug into the founders story of the business, why he's so passionate about real estate, and what's ahead for this exciting and fast paced business.Be sure to connect with Zach on LinkedIn: https://www.linkedin.com/in/zach-haptonstall/Learn more about Rise48 here: https://rise48equity.com/
Meet Zach Haptonstall, the CEO and Co-Founder of Rise48 Equity and Rise48 Communities. Rise48 Equity is a retail syndication Multifamily Investment company. Rise48 Equity has completed over $2.03 Billion in total transactions and purchased 45 assets, 8,170+ units in less that 4 Years!! Zach went from working in Journalism and the Hospice/Healthcare Industry to completely pivoting and getting into Real Estate. In this episode he explains how he got started in the Industry with no previous Real Estate experience, how he was able to raise the capital to fund his Investments, how hes built his company to 240+ Full-Time Employees and what You need to do to create momentum and build a multi billon dollar investment company like His!Other Social Media channels: Subscribe to my main channel "Austin Zaback" https://www.youtube.com/c/AustinZabackSubscribe to my Podcast Channel "The Austin Zaback Show" https://www.youtube.com/c/TheAustinZabackShowFollow me on Social Media:https://www.instagram.com/austinzaback/https://www.tiktok.com/@austinzaback
Download the “65 Investment Terms You MUST Know to Reach Your Financial Goals” for FREE by going to https://TodaysMarketExplained.com/ Zach Haptonstall (https://rise48equity.com/), the Co-Founder and CEO of Rise48 Equity, delves into the company's unique approach to real estate investing, particularly in multifamily syndication. He also sheds light on how Rise48 has successfully amassed a $1.4 billion portfolio by maintaining comprehensive control over multiple facets of the value-add supply chain. In this episode Brian and Zach discuss: 1. Workforce Housing Market. 2. How Investors Get Involved in Rise48 Equity 3. Advantages of Direct Investing in Real Estate 4. How Zach Got Into the Real Estate Business LinkedIn: https://www.linkedin.com/in/zach-haptonstall/ Website: https://rise48equity.com/ Facebook: https://www.facebook.com/rise48equity/ YouTube: https://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjA Instagram: https://www.instagram.com/rise48equity/ TikTok: https://www.tiktok.com/@rise48equity Company LinkedIn: https://www.linkedin.com/company/rise48equity/ DISCLAIMER: This podcast is provided by FourStar Wealth Advisors for the general public and general information purposes only. This content is not considered to be an offer to buy or sell any securities or investments. Investing involves the risk of loss and an investor should be prepared to bear potential losses. Investment should only be made after thorough review with your investment advisor considering all factors including personal goals, needs and risk tolerance. FourStar is an SEC registered investment advisor that maintains a principal business in the state of Illinois. The firm may only transact business in states in which it has filed or qualifies for a corresponding exemption from such requirements. For information about FourStar's registration status and business operations please consult the firm's form ADV disclosure documents, the most recent versions of which are available on the SEC investment advisory public disclosure website at www.adviserinfo.sec.gov
Adopt a cashflow passive income mentality and invest in assets that generate regular, predictable cash flow. In this episode, we sit down with cash flow expert Chris Miles as he discusses the value of asset-backed investments and the importance of holding cash for strategic investment decisions. After transitioning from financial advising to real estate investing, Chris got to retire at 28. About Chris MilesChris Miles is a cash flow expert and the “anti-financial” advisor. Through his company Money Ripples, he works with clients to become financially independent and significantly increase their cash flow. Chris is also the host of the Money Ripples podcast.Here are some power takeaways from today's conversation:[01:50] Growing with a scarcity mindset[04:16] How he got into financial advising[06:59] How Chris retired at 28 because of real estate investing[10:16] The accumulation theory and financial institutions[12:30] The FIRE Movement vs. the cashflow passive income mentality[15:42] The value in asset-backed investment[18:47] Why you shouldn't bank on values going up[21:12] What you need to know when investing in oil[24:25] The value of holding cash today[31:35] When investing in insurance makes sense[35:33] Tips for finding quality operatorsEpisode Highlights:[12:30] The FIRE Movement vs. The Cashflow Passive Income MentalityThe FIRE (Financial Independence, Retire Early) movement has gained significant popularity in recent years, focusing on accumulating a certain amount of wealth and living off a small percentage of it each year. However, this model has been debunked by various simulations that suggest a withdrawal rate of 3% or less, rather than the commonly suggested 4%. Living on 3% of a million-dollar portfolio amounts to a lifestyle below the poverty line, which is not what individuals envision when they think about financial independence. On the other hand, a cashflow passive income mentality focuses on investing in assets that generate regular, stable, and predictable cash flow. By investing in turnkey rentals, apartment syndications, and oil and gas royalties, for example, individuals can create a steady stream of passive income that can significantly improve their quality of life. [15:42] The Value in Asset-Backed InvestmentAsset-backed investments like real estate classes are less volatile than stocks. The S&P 500's yield average over the last 30 years is lower than expected at around 7.7%. Diversification in the stock market can be illusory due to a few dominant players causing fluctuations. Real estate investments offer lower risks and higher returns, making them a promising alternative investment with long-term growth potential.[20:25] The Value of Holding Cash TodayIn 2022, there was a prevalent belief that holding cash was a poor financial decision due to the risk of inflation. However, when the masses say one thing, it is often wise to do the opposite. While real estate and stock markets may be subject to fluctuations, cash can provide stability in uncertain times. If banks tighten their lending practices and quantitative tightening occurs, those who have cash on hand may have an advantage. While other investors may have their capital locked up in assets, cash holders have more flexibility and freedom to invest in opportunities as they arise. Thus, holding cash can be a strategic decision, particularly when other forms of investment are perceived to be high-risk or overpriced. In short, cash is still king or queen in uncertain times.This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.Resources Mentioned:Money RipplesMoney Ripples podcastLearn more about Rise48 Equity's multifamily investments and schedule a call with their CEO Zach Haptonstall at rise48equity.com/invest. Podcast Recommendation: https://www.edmylett.com/podcast
Zach Haptonstall is the CEO and co-founder of Rise48 Equity, a real estate investment services firm that focuses on multifamily syndication. In this episode, Zach discusses why Rise48 continues to underwrite five to ten deals a week despite only penciling a fraction of them and how his company was able to build a $1.4 billion portfolio by controlling various aspects of the value-add supply chain. Zach Haptonstall | Real Estate Background CEO and co-founder of Rise48 Equity Portfolio: $1.4B in AUM Based in: Phoenix, AZ Say hi to him at: LinkedIn Best Ever Book: Mastery by Robert Greene Greatest Lesson: If you as the owner will not be doing this, you need to hire someone who is going to source, bid out, and manage all of your subcontractors. You have to be able to adequately manage your construction process. Click here to learn more about our sponsors: CASKX Techvestor SyndicationAttorneys
Gain invaluable tips from Bikran Sandhu on navigating current market trends and the commercial real estate field. Discover how to strategically add value to properties with an efficient business plan and a compelling investment team. Join us today and make progress in your real estate journey!WHAT TO LISTEN FORWays to kick off your real estate investing journeyKey metrics to determine your property investment team's competitive edge3-step blueprint for ensuring seamless real estate transactionsEfficient strategies to maximize your property management Precautions to take before making any real estate investmentRESOURCES/LINKS MENTIONEDPwC: https://www.pwc.com/ CNM LLP: https://cnmllp.com/ ZH Multifamily: https://www.zhmultifamily.com/ Rich Dad Poor Dad by Robert T. Kiyosaki: https://amzn.to/3WgHKnP Cashflow Quadrant by Robert T. Kiyosaki:https://amzn.to/42SMsum 12. Why Get Into Phoenix Multifamily Investing with Zach Haptonstall: https://bit.ly/3WiXN4p ABOUT BIKRAN SANDHUBikran Sandhu is the COO, CFO, and Co-Founder of Rise48 Equity and Rise48 Communities. He oversees underwriting, asset management, and investor relations as COO and handles accounting, finance, and treasury as CFO. He lives in Scottsdale, Arizona, with his wife, Alice Pan. Bikran has experience in audit and assurance services at PwC LLP, working with Fortune 100 and pre-IPO companies. He also has a background in management consulting services, including SOX compliance, risk advisory, and transactional accounting advisory for Fortune 500 companies. Bikran graduated Cum Laude from the University of California, Irvine, with a Bachelor of Science in Economics, majoring in Accounting.CONNECT WITH BIKRANWebsite: Rise 48 Equity: https://rise48equity.com/ CONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club.Follow us on Facebook: Cityside CapitalFollow us on Instagram: @citysidecapital_tim_lyonsConnect with us on LinkedIn: Tim LyonsConnect with us via Email: greg@citysidecap.com | tim@citysidecap.com
In this power-packed episode, we have an insightful conversation with Zach Haptonstall, the Co-Founder and CEO of Rise48 Equity, a highly successful Phoenix-based real estate investment firm. From his beginnings in broadcast journalism to his meteoric rise in the real estate sector, Zach unveils the turning points, struggles, and triumphs of his entrepreneurial journey.Key Points:Origins: Zach shares about his initial career in sports broadcasting and the life-altering decision to take a leap of faith into real estate . He reveals how his job in healthcare marketing became a stepping stone into the real estate business, enabling him to form important relationships with investors.The Transition: Diving into his transition, Zach walks us through the process of quitting his well-paying job and selling off his belongings to delve full-time into real estate investing. Hear about his trials and tribulations during the initial phases, including flipping houses, a challenging first multifamily property deal, and his eventual evolution into the multifamily syndication space.Rise48 Equity: Learn about Rise48 Equity, the investment firm Zach co-founded, and its phenomenal growth trajectory (Part 3). Despite starting from ground zero, the firm now oversees assets worth $1.4+ BILLION, reflecting Zach's remarkable leadership and investment acumen.Learning Curve: Zach delves into the learning curve he and his team experienced while growing Rise48 Equity. He discusses the importance of relying on your team, developing systems, and the power of adaptability in business.Investment Strategy: Zach provides an overview of their investment strategy, focusing on properties with value-add potential in specific Arizona markets. He emphasizes on the robust economic indicators of the chosen markets, and the rationale behind focusing on B and C class properties.Advice to Aspiring Investors: Zach shares his advice for those looking to escape their 9-to-5 jobs and plunge into full-time real estate investing. His insights range from understanding what kind of investor you want to be, setting up clear goals, devising a plan, and then, committing to the grind. He stresses the importance of self-discovery and aligning your real estate goals with your lifestyle.Join us in this enriching conversation to glean invaluable lessons from Zach Haptonstall's remarkable journey and discover strategies that could propel your own real estate investing career!Contact Zach: Website - rise48equity.com Email - zach@rise48equity.comFeatured Guest: Zach Haptonstall, Co-Founder and CEO, Rise48 Equity
Today's episode features Matthew Vincent, David Choi, Kevin Romney, and Zach Haptonstall, the experts on finding off-market deals. Matthew tells us how he finds new opportunities with corporate real estate companies and David shares how it was possible for him to source deals as a beginner without a network.Kevin also gives us valuable insights as he discusses the off-market deals he has syndicated and explains to us why it's important to build your network. Keep listening as Zach details the five off-market deals they had and how his people helped to scale his business. Tune in now and don't miss the opportunity to learn the best practices to find off-market deals!Key Points From This Episode: Where to find new opportunities in the commercial real estate market.The ways to add value to the people you're pitching.How to start sourcing deals and reaching out to owners without any relationships or network.How to gather data and narrow them down to your target market.Samples of finding off-market deals and syndicating them.What is the importance of building your network and showing up?Zach details their five off-market deals under a contract worth $110 million.The people Zach have put together for him to be able to scale up his business.Tweetables:“Once you find the owner the institutions are probably gonna be pretty quick to put it in an offer, even if they have minimal underwriting data, sometimes they don't even need to see the operating statement to find a good value because they have the resources to underwrite something without even looking at the place.” - Matthew Vincent“When brokers talk to me they would hear a young kid on the phone and they didn't believe what I was saying, so I had to figure out how to source deals direct to sellers and not through my network.” - David Choi“It would be prudent for you to figure out what data set is most accurate in your market and take that 20 hours, 30 hours of research before going crazy..” - David Choi“It's just a matter of getting out, getting in front of people, continuing your education, but also building your network.” - Kevin Romney“You need to constantly be cranking tours and asking intelligent questions, and then tell a little bit about yourself, and then at the end of the tour, I'll always try to break into tVISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow
“If you want to raise money, you need to get the first deal done at all costs. Just close the first deal, because it instantly gives you credibility.” That is a message from today's guest, the CEO and Co-Founder of Rise48 Equity and Rise48 Communities, Zach Haptonstall. Before entering the multifamily world, Zach tried his hand at many different careers including journalism and healthcare marketing, and in this episode, he explains why he eventually decided to make real estate investing his home. We learn how Rise48 became the go-to for top brokers, what Zach's approach to raising equity looks like (and how it's changed over the years), how investors are navigating the recent interest rate hikes, and how Zach's outlook on sourcing criteria moves with the times. We also speak about Rise48 Communities and how it fits into the greater picture, paying particular attention to how it affects the operations of Rise48 Equity. As we wrap up this inspirational and educational conversation, we discuss the recent rise in entry cap rates before Zach shares his methods of dealing with stress and fatigue and the two things he praises as the reasons for Rise48's success. Tune in today!Key Points From This Episode:What led Zach to focus on multifamily as one of the many career paths he could've chosen. How Rise48 became top of mind with brokers in its efforts to source deals. Zach's equity-raising process and how it differs from when he first formed Rise48.Why investors are asking different questions than they did prior to the interest rate hike.How Zach's approach to sourcing criteria has changed since a year and a half ago. Where Rise48 Communities fits in the company equation (and its operational implications). How Zach is approaching the recent cap rate reversion.The way he deals with the stress and fatigue that comes with his line of work. Zach names two things that have been crucial to the success of Rise48. Links Mentioned in Today's Episode:Zach Haptonstall on LinkedIn Zach Haptonstall EmailGrace Haptonstall on LinkedIn Bikran Sandhu on LinkedInRise48 Equity Rise48 CommunitiesZH Multifamily on Instagram Success Habits of Super Achievers CoStar VSVCon 2023Vertical CPAVertical Street Ventures VSV Academy Passive Income Through Multifamily Real Estate Facebook Group Jenny Gou on LinkedIn Peter Pomeroy on LinkedInPeter Pomeroy Email
Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity, which has completed over $1.6 Billion in transactions in just 3 years since it was founded in 2019. Rise48 Equity now has over 130 full-time employees in Phoenix.Main Points:Scaling a businessVertically integrated property managementBuying $1Billion of real estate in 3 years.Connect with Zach Haptonstall:To learn more about achieving passive cash-flow and hedging against inflation through Rise48 Equity's Multifamily Investments in Phoenix, schedule a brief call with us: Rise48Equity.com/Investzach@rise48equity.com6028595458http://rise48equity.comhttps://www.facebook.com/rise48equity/https://www.instagram.com/rise48equity/?hl=enhttps://www.linkedin.com/in/zach-haptonstall/https://www.tiktok.com/@rise48equity?lang=enhttps://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjA
Learn how to acquire real estate on a massive scale. In this episode Zach takes us through his journey of acquiring $1.6 billion of assets. Zach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace. He Founded ZH Multifamily in 2018 and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity. Zach's professional background includes Healthcare Sales and Administration. He is the former President and Co-Owner of a Hospice Organization in Phoenix with 110+ Employees and $9M+ Annual Revenue. He is also a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. He attended Colorado Mesa University on a football Scholarship his Freshman Year of College. HIGHLIGHTS FROM THE EPISODE 00:00 - Coming up 00:10 – Intro 00:53 – Welcome Jeremy to the show 01:08 – Zach talks about his background 06:33 – What did friends and family think of his decision to switch 11:32 – Why multifamily 14:08 – What advice would he give to someone starting out 17:53 – He talks about what Rise 48 does 35:30 – How he inspires others 39:45 – Things new investors should keep in mind 42:18 – Final thoughts CONNECT WITH THE GUEST Linkedin: https://www.linkedin.com/in/zach-haptonstall/ Instagram: https://www.instagram.com/rise48equity/ Facebook: https://www.facebook.com/rise48equity Youtube: https://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjA/videos CONNECT WITH THE HOST Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @salesguyinvestor --------------------------------------------------------------------------------------------------------------------------- Follow us on social media @the.gentle.art.of.crushing.it Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/
Zach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. [00:01-16:19] From Professional Athlete to Real Estate Mogul Zach shares about his background and how he got into real estate Playing professional sports to establishing a successful business [16:20-17:39] Being Vertically Integrated Understood everything and feel confident taking calculated risk Vertically integrated business model eliminates need for third party property management, construction management, and labor [22:38-25:37] Legacy Round Stay focus on one asset class After getting your first deal, learn to build credibility [25:38-29:35] Slice of Knowledge Lasts Words: Zach has my back One Slice of Wisdom: try to identify like what your skill set is Real Estate Multifamily Vocabulary: cap rate, net operating income, cash call Books and Masterminds to Try: Multifamily by the Slice, How to Own your Own Mind by Napoleon Hill CONNECT WITH US: Ike Ekeh Instagram: @ikeekeh_ Website: www.rubiconcre.com Email: ike@rubiconcre.com Twitter: @ikeekeh LinkedIn: Ike Ekeh Dre Evans Instagram: @drmultifamily Linkedin: Dre Evans Twitter: @drmultifamily Email: thatsmypropertyinv@gmail.com Website: www.drmultifamily.com Grab your copy of That's My Property on Amazon San Diego Real Estate Investor Meetup Group FIND US ON: Apple Podcast Spotify Libsyn Amazon Music Audible I Heart Radio Multifamily by the Slice Podcast Podchaser Tweetable Quote “You just have to keep pushing through the fear and you can't listen to anybody.”- Zach Haptonstall --- Send in a voice message: https://anchor.fm/ikedre/message
Zach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. [00:01-16:19] From Professional Athlete to Real Estate Mogul Zach shares about his background and how he got into real estate Playing professional sports to establishing a successful business [16:20-17:39] Being Vertically Integrated Understood everything and feel confident taking calculated risk Vertically integrated business model eliminates need for third party property management, construction management, and labor [22:38-25:37] Legacy Round Stay focus on one asset class After getting your first deal, learn to build credibility [25:38-29:35] Slice of Knowledge Lasts Words: Zach has my back One Slice of Wisdom: try to identify like what your skill set is Real Estate Multifamily Vocabulary: cap rate, net operating income, cash call Books and Masterminds to Try: Multifamily by the Slice, How to Own your Own Mind by Napoleon Hill CONNECT WITH US: Ike Ekeh Instagram: @ikeekeh_ Website: www.rubiconcre.com Email: ike@rubiconcre.com Twitter: @ikeekeh LinkedIn: Ike Ekeh Dre Evans Instagram: @drmultifamily Linkedin: Dre Evans Twitter: @drmultifamily Email: thatsmypropertyinv@gmail.com Website: www.drmultifamily.com Grab your copy of That's My Property on Amazon San Diego Real Estate Investor Meetup Group FIND US ON: Apple Podcast Spotify Libsyn Amazon Music Audible I Heart Radio Multifamily by the Slice Podcast Podchaser Tweetable Quote “You just have to keep pushing through the fear and you can't listen to anybody.”- Zach Haptonstall --- Send in a voice message: https://anchor.fm/ikedre/message
Zach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. [00:01-16:19] From Professional Athlete to Real Estate Mogul Zach shares about his background and how he got into real estate Playing professional sports to establishing a successful business [16:20-17:39] Being Vertically Integrated Understood everything and feel confident taking calculated risk Vertically integrated business model eliminates need for third party property management, construction management, and labor [22:38-25:37] Legacy Round Stay focus on one asset class After getting your first deal, learn to build credibility [25:38-29:35] Slice of Knowledge Lasts Words: Zach has my back One Slice of Wisdom: try to identify like what your skill set is Real Estate Multifamily Vocabulary: cap rate, net operating income, cash call Books and Masterminds to Try: Multifamily by the Slice, How to Own your Own Mind by Napoleon Hill CONNECT WITH US: Ike Ekeh Instagram: @ikeekeh_ Website: www.rubiconcre.com Email: ike@rubiconcre.com Twitter: @ikeekeh LinkedIn: Ike Ekeh Dre Evans Instagram: @drmultifamily Linkedin: Dre Evans Twitter: @drmultifamily Email: thatsmypropertyinv@gmail.com Website: www.drmultifamily.com Grab your copy of That's My Property on Amazon San Diego Real Estate Investor Meetup Group FIND US ON: Apple Podcast Spotify Libsyn Amazon Music Audible I Heart Radio Multifamily by the Slice Podcast Podchaser Tweetable Quote “You just have to keep pushing through the fear and you can't listen to anybody.”- Zach Haptonstall --- Send in a voice message: https://anchor.fm/ikedre/message
Step up your real estate game as Zach Haptonstall joins us in this episode to share tips on quickly scaling your portfolio. Keep listening to learn the importance of surrounding yourself with like-minded people and the opportunity to learn the fundamentals of developing profitable networks today!WHAT YOU'LL LEARN FROM THIS EPISODE Essential steps to starting your real estate businessImportance of finding a business partner that compliments your skillsetWays to accelerate the growth of your investment portfolioKey qualities a business partner must possessHow does a ‘business marriage' work? Valuable lessons you can learn from a real estate expertRESOURCE/LINK MENTIONEDLoopNet.com https://www.loopnet.com/ABOUT ZACH HAPTONSTALLZach is the founder and president of ZH multifamily and co-founder of Rise48 equity. He is also an experienced multifamily apartment investor currently residing in Scottsdale Arizona, and is also a lead sponsor and equity owner of 420 units across five properties in Phoenix and Scottsdale worth over $48 million. He is also the founder and president of the Phoenix multifamily association, a Phoenix-based organization that holds monthly speaking and networking events focusing on apartment investing. CONNECT WITH ZACHWebsite: Rise48 Equity https://rise48equity.com/LinkedIn: Zach Haptonstall https://www.linkedin.com/in/zach-haptonstall/ LinkedIn: Rise48 Equity https://www.linkedin.com/company/37489579/admin/Instagram: @rise48equity https://www.instagram.com/rise48equity/Facebook: Rise48 Equity https://www.facebook.com/rise48equity/YouTube: Rise48 Equity https://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjAEmail: zach@rise48equity.comCONNECT WITH USTo book an exclusive FREE consulting session with Tate or to view his current investment offerings, please go to https://www.investwithgreenlight.comWant a list of top-rated real estate conferences, virtual meetups, and mastermind groups? Send Tate an email at tate@glequitygroup.com to learn more about real estate using a relational approach.Special Announcement! Tate's brand-new audiobook “F.I.R.E.-Financial Independence Retire Early Through Apartment Investing” is downloadable! Go to: https://www.investwithgreenlight.comDo you have difficulty underwriting deals? Never worry about getting your numbers wrong with Real Estate Lab, a cloud-based platform for investors. Sign up at https://www.realestatelab.com/ using the promo code TAG2 to get 10% off your first 12 months. Automate your acquisitions and underwriting like a boss now!
We've all had the experience of working with a great company, they garner more interest, grow and then suddenly the service and product suffers. What happened? Many times it's the quality of the team that is the culprit. Great companies rely on tremendous teams. Teams that inspire innovation. Teams that welcome solving complex problems. Teams that have unstoppable momentum. The same is true for any real estate company; it's a team sport that will fail if it depends on one person. But with all the nuances of real estate: marketing, investor relations, acquisitions, operations, asset management etc., how do you know you're investing in a quality all-star team that's always ready to tackle any problem? With hundreds of potential operators, how do you pinpoint who has built a cohesive team focussed on growing your investment and who will have the opposite effect, potentially bringing your investment to a screeching halt? Our guest on the Viking Multifamily Freedom Podcast, Zach Haptonstall, CEO & Co-Founder of Rise48 Equity, joins us to explore how to build the ultimate strategic partnerships within any real estate business. Zach has a professional background overseeing 110+ employees, has hosted 200+ member meet-ups, and is a #1 Best Selling Co-Author of "Success Habits of Super Achievers".
Join us today as we bring on Zach Haptonstall on Elevate Your Equity podcast. Zach is the Chief Executive Officer and Co-Founder of Rise48 Equity. Highlights on the show are scaling a multifamily business at the age before 30 and the importance of having a strong mindset in growing a massive trajectory. More topics include:• The power of the team and what it's enabled for him• The one thing that holds people back from scaling• Things to look out for in the medium term on the properties that he's operating• What are the strategies to insulate his investors from risksMore about Zach, his company has completed over $1.5 Billion dollars in transactions in just 3 years since it was founded in 2019. Rise48 Equity now has over 100 full-time employees in Phoenix. Zach's previous professional background includes Healthcare Sales and Administration. He is the former President and Co-Owner of a Hospice Organization in Phoenix with 110+ Employees and $9M+ Annual Revenue. He is also a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona.Zach holds an MBA from the Colangelo College of Business at Grand Canyon University and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.Get to know more about Zach and his company by visiting his website at Rise 48 Equity. Email him at zach@rise48equity.com. You may also search for him on LinkedIn.Thanks a bunch, Zach Haptonstall for coming on the show!Unlock 3+1 degrees of freedom (time, location, financial + health) with our 5-Point Blueprint! https://elevateequity.org/podcastgiftIf you really enjoyed this content and are looking for more, you can continue to learn more about us in several different places for free!on our website for blogs & other podcast interviews! elevateequity.orgour YouTube channel! youtube.com/channel/derekcliffordour book/audiobook! amazon.com/dp/ebookIf you'd like to have a FREE copy of our 7 Ways Commercial Real Estate Syndications Protect and Build Wealth, simply click the link below. We are here and vested in your long-term success! elevateequity.org/7waysEbook
Zach Haptonstall, is the Chief Executive Officer and Co-Founder of Rise48 Equity, which has completed over $1.5 Billion dollars in transactions in just 3 years since it was founded in 2019. Rise48 Equity now has over 100 full-time employees in Phoenix. Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers. Zach talks about his journey and his initial necessity to pay off his bills which led him into work that wasn't satisfying or rewarding. He aspired to have freedom from time constraints which seemed hopeless until a lightbulb went off - building wealth through passive income! Today Zach is on fire with his entrepreneurial journey and shares his successful strategy to getting to $1.5B in assets under management. diversifying his wealth and uncovers the current market. He also shares insights on the current market trends in the Phoenix market for multifamily and how they are adjusting to preserve strong returns for investors. Meet Zach and learn how the real estate industry led him to develop skills while building confidence in himself as well! You'll be able to learn some of the secrets behind his success and his market predictions for 2023! In this episode we discuss: Zach's background and his inspiring story. Zach's inspiring Billion Dollar by 40 goal and comprehensive wealth strategy. What Zach is doing with Rise48 Equity today. The current market and 2023 predictions. Biggest insights from Zach's book and his piece of advice! Connect with Zach Haptonstall: www.rise48equity.com zach@rise48equity.com Connect with Pantheon Investments: Join the Pantheon Investor Club: https://pantheoninvest.com/investor-signup/ Website: www.pantheoninvest.com Podcast: www.pantheoninvest.com/podcast Facebook: https://www.facebook.com/PantheonInvest Instagram: www.instagram.com/pantheoninvest LinkedIn: https://www.linkedin.com/company/pantheon-invest Twitter: https://twitter.com/Pantheon_Invest Youtube: https://www.youtube.com/channel/UC8EsPFlwQUpMXgRMvrmbAfQ Holistic Wealth Strategy Book:https://www.amazon.com/Holistic-Wealth-Strategy-Roadmap-Financial/dp/B089CS58F1 Email: info@pantheoninvest.com
On today's episode we welcome onto the show the Co-Founder of Rise48 Equity and Rise 48 Communities: CEO & Real Estate Investor Zach Haptonstall, out of Scottsdale, Arizona. Zach has a mind-boggling track record, completing over $1.6 billion in transactions over the past three years, present in over 6,000 units. On today's show Zach gives insane amounts of value, including the nitty-gritty details of building a fully integrated company comprised of an entirely in house team of 135+ employees, his one-at-a-time model of raising capital for deals, and how he sets larger-than-life goals to make sure he never gets complacent. This is one heck of an episode!If you're interested in partnering with David, you can reach out at (http://www.realleverage.net)
In the 94th episode of Cash Flow Pro, we talk with Zach Haptonstall, CEO & Co-Founder of Rise48 Equity. Zach was born and raised in Phoenix, Arizona. His professional background included Healthcare Sales and Administration, live television news anchor, and co-host on a show on Fox Sports Network Arizona. Zach had no previous real estate experience or connections when he decided to go for it! Zach's primary responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona, with his wife, Grace Haptonstall. His goal is to Help People Achieve Passive Cash-Flow & Grow Wealth Through Multifamily. Rise48 Equity was founded in 2019 and operated in Phoenix, Arizona. They focus on acquiring deals in Phoenix, which ranks #1 for rent and population growth. Rise48 Equity provides multifamily investment opportunities for accredited and non-accredited investors to protect and grow their wealth. In this episode, we discuss: The Phoenix housing market – what it was, what it is, and what it can become How to get started in real estate – step by step Tic syndication and agreements The importance of education and going to conferences Understanding the loan role in real estate investing Make sure to tune in on this episode to find out more! Find your flow, Casey Brown Resources mentioned in this podcast: rise48equity.com https://www.linkedin.com/in/zach-haptonstall/ https://www.instagram.com/rise48equity/?hl=en
The Investor Relations Real Estate Podcast Episode 81 - I Really Had No Background In Real EstateHost: Jonny Cattani Guest: Zach HaptonstallProducer: April MunsonJonny Cattani is joined by Zach Haptonstall to discuss: The process of finding business partners Maintaining a high level vision of improving the business Identifying leaders and directors within your organization Maintaining full cycle deals The impact of Covid on growth strategy Zach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace Haptonstall. He Founded ZH Multifamily in 2018 and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity.Linked material referenced during the show: Book: Relentless - Tim Groverhttps://www.amazon.com/Relentless-Good-Great-Unstoppable/dp/B08KFGLH15/ref=sr_1_1?crid=2GVYUVZEMD07F&keywords=relentless+tim+grover&qid=1658698178&sprefix=relentless+%2Caps%2C115&sr=8-1Book: Winning - Tim Groverhttps://www.amazon.com/Winning-Unforgiving-Race-Greatness/dp/B08LMH7K9H/ref=sr_1_1?crid=RJ2XVIG1IJBQ&keywords=winning+tim+grover&qid=1658698233&s=audible&sprefix=winning+tim+grover%2Caudible%2C69&sr=1-1 Connect with Zach! Website: www.rise48equity.com Email: Zach@rise48equity.com Connect 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/Cattani Capital Group Instagram: https://www.instagram.com/cattanicapitalgroup/TikTok:https://www.tiktok.com/@jonnycattani?lang=enYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0AFacebook: https://www.facebook.com/jonathan.cattani.1
Phoenix is one of the most interesting markets for multifamily right now. In this episode, Jim Pfeifer interviews Zach Haptonstall, the CEO, and Co-Founder of Rise48 Equity and Rise48 Communities, to help us learn more about the Phoenix market. Zach takes us on his journey from a real estate investing novice to running a successful business that owns 34 different properties with over 5,500 units in the Phoenix Metro. Listen in to learn the benefits of investing with an operator who is focused on one asset class in one market and get insights on why Phoenix is still a good place to invest despite the amazing growth in recent years. To see the full show notes and transcript, click here.Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know, like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investors' Community.Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.
Zach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity and Rise48 Communities. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace Haptonstall.Zach's professional background includes Healthcare Sales and Administration. He is the former President and Co-Owner of a Hospice Organization in Phoenix with 110+ Employees and $9M+ Annual Revenue. He is also a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona.Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. He attended Colorado Mesa University on a football Scholarship his Freshman Year of College.Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.”Join Our Passive Investor NetworkDownload Our Passive Investor Guide to Multifamily SyndicationsWE DISCUSS:An overview of how he got to where he's at today.What makes his team different.How their team was able to grow.How he goes beyond his comfort zone.What's on the horizon for his company.Their buyers' profile.His biggest challenge.What keeps him and his team excited in their business.CONNECT WITH OUR GUEST:https://praxcap.com/our-team/CONNECT WITH US! Visit our Website: https://www.canovocapital.com/podcastConnect with us on Facebook: https://www.facebook.com/theleadsponsorFollow us on YouTube: https://www.youtube.com/c/TheLeadSponsorFollow us on Instagram: https://www.instagram.com/theleadsponsor/Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-lead-sponsor-podcast-real-estate-investing/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE!
Syndication has been an avenue where people find ultimate success. Doing your first syndication can be overwhelming but once you figure your way around, success can be sealed. Today, we feature our conversations again with multifamily syndicators Zach Haptonstall and Jered Sturm.Zach shares an impressive story of why leaving a $200k salary position for real estate syndication was the best decision he ever made. Meanwhile, Jered shares that he first worked as a maintenance technician, started a construction company, and eventually got into the syndication business when he cofounded the SNS Capital Group. Listen now and be inspired by Zach and Jered's stories!
Zach Haptonstall discusses what a 1031 tax-deferred exchange is, and how he implemented this strategy to grow and scale not only his portfolio but also his investor's wealth while reducing tax liability. Josh and Zach also talk about vertical integration, growing and scaling a business, hiring employees, the importance of social media and so much more! You don't want to miss this episode of the Creative Capital Podcast. Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. In 2018 he founded ZH Multifamily and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired from ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity. Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.” [00:01 - 15:04] Knowing Nothing About Real Estate to Acquiring 100 Million in Properties How Zach started in real estateZach was burned out while working a job in healthcare marketing. He found out about multifamily and syndication after quitting his salaried job in January 2018 How he acquired 27 properties worth over $100 million in the Phoenix market since Even though he was earning 6 figures, Zach was tired of working long hours at a stressful job. After reading "Rich Dad, Poor Dad", he looked into real estate and, with a partner, completed a 36 unit deal for $2,500,000 How Zach scaled his business by bringing in the right peopleIt can take time to find the right partners, and it is important to find partners with complementary skill sets To be successful, it is important to have a strong financial foundation and complementary skills in addition to business acumen [15:03 - 29:36 ] Incorporating a 1031 Exchange 1031 exchanges are a way to transfer property ownership into another property, with the goal of deferring capital gains taxThis allows investors to grow their money without paying any taxes while using the benefits of leverage and tax breaks Investors can receive a higher preferred ROI and take advantage of depreciation benefits that offset taxable income Understanding a 1031 exchange timelineYou have 45 days to identify three replacement properties after your relinquished property closes The identified properties do not have to be under contract and you can use an intermediary You have 180 days to close on the replacement property Handling the complex paperwork that goes into a 1031 exchange [29:37 - 44:36 ] The Possibilities of Scaling BIG with a 1031 Exchange While investors can do a partial 1031 exchange if they have sold a property and have funds left over, it's also very complex and risky Zach's competitive advantage The surprising majority of positive investor's responses to a 1031 ExchangeA 1031 exchange makes sense for long-term growth and stability The process of creating relationships and vetting potential investors The key to success is providing quality content that drives people to a CTA [44:37 - 1:00:12] Vertical integration and Creating An In-House Property Management Company Learning to adapt or die Third-party property management companies can experience high turnover rates due to the low-profit margins of the industry How Zach and his team decided to take their business in-house, paying high compensation and offering top benefits to their employees The key things to look for in a property manager How to incentivize staff and create robust bonus structures [1:00:13 - 01:13:39] Wrapping Up! Zach tells a crazy eviction story! Pod Decks Segment Core Four Questions Key Quotes “All the content that we're doing – the goal is to provide quality content and to drive people to a calendar link to set up calls with us. And these are qualified leads, these are people who are interested.” - Zach Haptonstall “The benefit of doing a 1031 Exchange is you are deferring the capital gains tax. This doesn't mean that the tax goes away forever, but you're leveraging all those proceeds into the next deal.” - Zach Haptonstall “Property management is a low-profit margin business, it's operationally intensive. It's a high turnover industry in general. But we wanted to pay the highest compensation, the best benefits to the employee so that we can recruit and retain the best staff – That was our philosophy. So that's what we did.” - Zach Haptonstall Connect with Zach Haptonstall LinkedIn: https://www.linkedin.com/in/zach-haptonstall/ Facebook: https://www.facebook.com/rise48equity Instagram: https://www.instagram.com/rise48equity/ Youtube: https://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjA/videos Connect with me! You can reach and connect with me on Facebook, LinkedIn, Instagram, and Youtube You can also email me at Joshferrari901@gmail.com For more information about Ferrari Capital visit us on our website https://www.ferraricapital.com SUBSCRIBE to this podcast for more episodes on how to create your own future through smart and lucrative investments. LEAVE A 5-STAR REVIEW and share this podcast with someone you know who wants to experience massive growth and success in their business. Listen to our previous episodes here
Bulletproof Cashflow: Multifamily & Apartment Investing for Financial Freedom
I sat down with Zach Haptonstall, CEO and Co-Founder of Rise48 Equity, to talk about his real estate journey. We talked about how he grew his management portfolio to over $700M, with virtually no prior real estate experience. Zach and I also discussed the importance of building a team, hard work, cold calling, and more.
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
Zach Haptonstall is a former live television news anchor and sports reporter. He discovered Multifamily Investing and closed his first deal in 2019. Today, his company Rise48 Equity has a portfolio totaling over $143 Million in the Phoenix Metro. Learn More About Zach Here: Rise48 Equity - https://rise48equity.com/ Email - zach@rise48equity.com What do you want to hear/see more of and less of? What question do you always wish I would ask but I never do? Connect with the Global Investors Show, Charles Carillo, and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: schedulecharles.com/ ◾ Global Investors Web Page: https://charleskcarillo.com/global-investors-podcast/ .◾ Join Our Email Newsletter: http://bit.ly/32pehL0 ◾ Foreign Investing in US Real Estate Facebook Group: facebook.com/groups/ForeignInvestingInUSRealEstate/
Kingdom Capitalists : For Christians Called to Start and Scale Successful Businesses
Rise 48 Equity websiteEmail : connect@rise48equity.comPhone: (602) 679-7209---------We're calling all Real Estate Investors! Are you interested in learning more about the Kingdom REI Community?Are you ready to begin building your real estate portfolio?If so, join our FREE training titled, How to Leave Your Job through Commercial Real Estate InvestingStep 1: Visit our website: OneConnectionAway.comStep 2: Fill Out the Registration Form (takes 1 minute)Step 3: Join us Live for our next training.Step 4: Start scaling your portfolio. Go here now to get more info: www.oneconnectionaway.comWant to follow Kingdom REI on Social Media?LinkedinYoutube Facebook
What does it take to establish your credibility? According to Zach, there is one thing people are failing to do for this, which is the key ingredient to better position themselves in the real estate market. Zach Haptonstall is the CEO & Co-Founder of Rise48 Equity & Rise48 Communities, which has completed $924,191,000 in total transactions since 2019. He is also the host & founder of The Phoenix Multifamily Association, #1 Best Selling Co-Author, a Forbes Real Estate Council Member, and a Greater Phoenix Economic Council (GPEC) Director's Council Member. [00:01 - 04:26] Opening Segment Zach's story from journalism, becoming the director of marketing, then getting burnt out Living off savings for over a year to figure out multifamily Catching momentum after 14 months after buying the first deal [04:27 - 11:40] From Bootstrapping to Scaling The power of working with people with complementary skill sets Bootstrapping to make the first deal work Zach shares how he grew his network and growing leads [11:41 - 16:38] The Key is Being Relentless in Building Relationships The right attitude in dealing with brokers for better positioning Being hands-on and cranking the volume to rise from the competition Winning relationships through interaction and consistency [16:39 - 18:05] Closing Segment Reach out to Zach See links below Final words Tweetable Quotes “It was good to give us that firsthand experience. And then from there, we were able to kind of continue to learn and grow and scale.” - Zach Haptonstall “I think this is the biggest component that people don't do. And it's why people are not buying deals, and they're not breaking through. You have to relentlessly attack these broker interactions.” - Zach Haptonstall ----------------------------------------------------------------------------- Connect with Zach Haptonstall on Linkedin. Visit Rise48 Equity and email him at zach@rise48equity.com Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, 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 Want to read the full show notes of the episode? Check it out below: Zach Haptonstall 00:00 The biggest component that people don't do and it's why people are not buying deals and they're not breaking through, is you have to relentlessly attack these broker interactions. Okay, so what I did before I had any track record, I had no business partner, I barely know anything. I started cold calling all these brokers put on a suit, go meet with them in person, all the top brokers in the space that I wanted to be in, and I would tell them what my criteria was. And I was terrified. By the way, I was very nervous. My hands are shaking. I try to show it because it's very intimidating. Intro 00:33 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we will teach you how to scale your real estate investing business into something big. Sam Wilson 00:45 Zach Haptonstall is a multifamily syndicator in Phoenix, Arizona, and since February of 2019, they have taken down over $700 million in multifamily assets with another I think what you say 300 million on the books here to close here shortly. Zack, welcome to the show. I'm really looking forward to this call today. Zach Haptonstall 01:03 Hey, what's up, Sam, thanks so much for having me on. Really appreciate it man look forward to providing some value for the listeners here today. Sam Wilson 01:09 Absolutely. You guys have had meteoric growth here in the last, I guess three years. There's three questions. Speaking of three years, that I asked every guest to come on the show. Where did you start? Where are you now? And how did you get there? Zach Haptonstall 01:21 Yeah, so I'll try to summarize as best I can. So I was born and raised here in Phoenix Fletcher my entire life, you know, just come from a lower middle-class family, you know, didn't have anybody, no family in real estate, no rich uncle or anything like that. I have a journalism degree. So I was a live news anchor sports reporter for Arizona PBS for a short time, which was cool at first. And I quickly realized you can't make any money doing that. I needed money. So I had school that so I went into got into journalism or into healthcare marketing, working for a hospice organization, worked my way up as director of marketing. And then eventually president and co-owner of a hospice organization was making really good money, you know, over 200k a year, got my MBA, bought a house. So by the time I was, you know, 23, I was making more money than both my parents combined was in a good financial situation, just following the Dave Ramsey plan killed all my debt in no pay for my MBA cash. So I did that for about four years, and then just got burnt out, you know, I mean, I was just constantly grinding, what have you done for me lately, and wanted to create some type of passive income and, and so in January of 2018, I resigned, sold my equity in the company and lived off of savings for well over a year, to figure out how to get into multifamily. It was a really tough time for me, you know, mentally, emotionally trying to figure out how to dive into this. And not knowing anybody not knowing anything about I didn't even know what the word syndication meant I had no real estate contacts. But anyways, 14 months passed, finally bought the first deal, put all my money I had left into it, I met a couple partners, we bootstrapped that thing, and closed it with a tenant in common type of structure. And then from there really was able to catch momentum, and start syndicating deals. And so, you know, since then, since February of 2019, when we bought the first deal, which again was about a little over a year after I quit the job, you know, just burning through cash burn, saving the whole time, we've now acquired 24 assets, all here in the Phoenix metro across five different cities worth over 700 million over 3600 units, we have over another $300 million contract to close the next few months here. And so we've been very fortunate, you know, to kind of build this out and scale it on the rise for US equity, we have 20, full-time salaried employees that are focused on asset management, Investor Relations accounting, and we are now completely vertically integrated with our own property management company, rise 48 communities, we have over 70 full-time employees on full benefits on our management company. So we manage all of our own assets, you know, all the leasing maintenance on-site management is all of our staff got over 90 employees full time now, across the two companies, that's given us a lot of control inefficiencies. And we have just been very fortunate and blessed to continue to build the momentum and scale from there. So we've sold five deals so far, Sam, gone full cycle on those, we're in the process of selling an additional five deals when those drop drastically exceeding expectations. And so that's kind of you know, our directory is just focused here in the Phoenix market and building out the value add multifamily syndication business. Sam Wilson 04:27 Right, man, that's an intense business like that takes not just not just an intense business, but it takes incredible organization and planning to not just execute the plan, but also to bring on the people to make sure they're hired and trained and organized in the right way. I mean, have you done this all yourself? Do you have multiple partners? What does that look like? Zach Haptonstall 04:46 Yeah, good question. No, not at all myself. I have two partners. So I'm the CEO and co-founder. My partner Vic Cron. Sandu is our CFO co-founder background has an economics degree. CPA worked at Price Waterhouse Cooper for a number of years as a corporate auditor, so very strong financial analysis background, he's really overseeing all the operations underwriting deals on the front end. Then we have a third partner, Robert chef chick, he's our chief construction officer, you know, he has a master's degree in architecture, strong construction background. So among the three of us, you know, we found very complementary skill sets, I'm focused primarily on acquisitions, dispositions, sourcing, capital, forming partnerships, you know, overseeing the high-level operations. And so in my background, you know, as running a hospice organization with over 110 employees, you know, it was good to give me that experience to kind of manage people and bear Cronan really has all the financial analysis and skills like that is really good at building back-office processes. And so you know, the cool thing is, is initially it was the three of us doing literally everything, we just hired our first employee, last March of 2021. And here we sit in February of 2022. So it's been about 12 months since we hired our first employee. And we've scaled since then the first two and a half years, we had no employees, because we didn't have the revenue to pay anybody to cover that, right. And so we were doing everything ourselves every little nitty-gritty detail you can think of, we were doing just grinding it out, you know, spending 6070 plus hours a week. And the good thing is we learned all those details so that we could then start hiring people and training them to do all those roles and start delegating, and then build out infrastructure from there. And so see, that's kind of given us we really took like a hands-on approach, learn everything from the inside directly. And then from there, we're able to kind of grow the business and build infrastructure. Sam Wilson 06:35 Yeah, man, that's really, really intense. I mean, tell me about how you know, the first deal you said was a tenant in the common deal. So just can you break that down for our listeners real quick, and then have a follow-up question to that. Zach Haptonstall 06:46 Yeah. So it was 36 units, three and a half million here in central Phoenix. And basically, my partner, Robert, and I got under contract, we were each 25k, non-refundable, for earnest money. And we had planned to syndicate that deal. But you know, 30 days past 40 days pass our money is non-refundable. We talked to all these people who said they were interested in the previous months, and then they're nowhere to be found, right, because we don't have a track record. It's hard to raise money. You know, contrary to what people say, it's very difficult. It takes time. And so basically, you know, I had earned through a lot I had about around 300k, that I had relentlessly saved for years and got apart from the sale on the equity company side, about 300k of cash. When I quit the job in January of 18, I was down to about 165k, because I had blown through money, even going to conferences, joined a mentorship program, all this stuff, right, I put 160 in the first deal. So I put all my money in the deal, I had five grand left, Robert put about 275. And we were scrambling, I found a 1031 exchange to bring in about 650, which was a big chunk of it. Then I met Big Ron, while we were in escrow, our third partner convinced him to put in 150. And then we found a couple of other people to throw in 150. And we bootstrapped it and made it work. And so that's why it was a tenant in common because we brought in a 1031 exchange for those of people who are from another tenant in common, very similar to like a JV or a joint venture, but you can bring 1031 exchanges in it or out of it. But we did not do a syndication and we did not have, you know, any passive investors. And so that was the first experience to get the deal closed. And it was very scary, very stressful, but it gave us a lot of experience, not only going through the acquisition process, but going through the asset management process, you know, renovating the units, I was out there literally managing subcontractors, which I had never done, you know, like chewing out plumbers and asking guys where they're at, and things like that. And so figuring that stuff out. So it was good to give us that firsthand experience. And then from there, we were able to kind of continue to learn and grow and scale. Sam Wilson 08:51 How did you go? Or what did you do? Because I mean, that's a common problem that people have in, especially starting out is the capital raise side of things. I've been talking to somebody here recently. It's like, man, we're a couple 100 grand short on this deal. I'm like, man, like, that's painful, right? Like, that's really, really stressful when you have a good deal, but not the money to back it up. So tell me what have you guys changed? You said, Okay, we did do 136 units, get the money together sucked. What did you do in order to make sure you never ended that problem again? Zach Haptonstall 09:20 Yeah, it's a good question. I mean, that honestly, the first five to seven deals were all scrambled, they're tough to make zero, you're trying to do it and it takes time and it's stressful, and every single time you're worried you're going to lose your earnest money. If you can't get this money. In close. It's it hasn't been smooth those first five to seven deals. I mean, the last, you know, 15 deals or so had been pretty automatic. Now, we're fortunate for that. But it was really, you know, a matter of just continuing to get out there and going to conferences and trying to network and, you know, relying on other people's experience and partnering with them so that you can demonstrate you have a credible track record but you know, once we went full cycles and sold the first deal. And then you know, after that started selling multiple deals that we had successfully execute the business plan on, we then started to see a lot of momentum, right, because the investors that were in those deals, you know, started to see the results firsthand, and then started to really refer their friends and co-workers in calling. So again, I didn't have a high net worth network, this was like, starting from zero, right and grinding it out, flying around the country, going to conferences, trying to meet people, I started a meetup event, my wife and I started a meetup event and really tried to build that up, we had over 100 people at one point coming to that I started getting on podcasts, there's like your SAM and, you know, started doing a lot of podcasts, and that helped to generate leads. And then you know, that the biggest thing has been the referrals now from other investors, and colleagues, and now we have like a lot of physicians, IT consultants, engineers, and they're referring a lot of their colleagues. And then my wife, Grace, you know, does all our online marketing, and she's really good with that. So you know, she runs like my LinkedIn, for example. So we're constantly doing, like, update videos on the properties and providing content that's SEC-compliant. The whole goal of all this content is to drive people to a calendar link to set up a call with me who and these are, you know, vetted leads qualified investors, that I can set up these compliant previous relationships to then add them to our investor database? So there's a number of things, you know, we invest in SEO to try to, you know, get your name out there, too. So there's a number of things that we've done. But I think, you know, we're fortunate to have my wife Grace, and then her marketing team, we've been marketing coordinator Cassidy, they do a lot of stuff online, which drives a lot of leads to us too. Sam Wilson 11:41 Right. Man, yeah, that's really, really intriguing. As a newer investor. I mean, at this point, yes, you guys have developed a name you have closed on enough deals, you have industry credibility. What did you guys do coming into the market that gave both your sellers and your brokers the confidence that you could actually get a deal done? Zach Haptonstall 12:01 Yeah, good question. So I think this is the biggest component that people don't do. And it's why people are not buying deals, and they're not breaking through, is you have to relentlessly attack these broker interactions. Okay, so what I did, before I had any track record, I had no business partner, I barely know anything. I started cold calling all these brokers put on a suit, go meet with them in person, all the top brokers in the space that I wanted to be in. And I would tell them what my criteria was. And I was terrified, by the way, I was very nervous. My hands are shaking, I try to show it because it's very intimidating, right? It's intimidating, being in this industry with big buildings, big numbers, and you're so afraid that they're going to kind of figure you out, right, that you're full of it. And I wasn't lying, but I was trying to portray confidence and portray credibility, and say, Hey, I come from healthcare, you know, I have a group of investors, we're looking to acquire value. And what I did was, I tried to use whatever I had. So at the time, I had a few 100k of cash, I literally brought a bank statement with me. And at the end of every meeting, I showed the broker, this is my personal cash, I'm gonna use this as earnest money, we're gonna syndicate the deals, blah, blah, blah. And some of them probably didn't take me seriously. And some of them did. But I met with all these brokers, and then it's like, okay, then what? Then what do you do after that you can't just keep bugging these guys? Well, you need to relentlessly be touring properties, okay, so you get on all their email lists. So you're seeing their deals, and start emailing them and calling them, and touring properties. And go in there, take notes, ask insightful questions. And I've done this so many times, Sam, where I'll tour properties that we have no interest in buying, I'm doing simply to get in front of the broker, or rekindle the broker relationship, right, and just make that in-person connection. So I viewed it as I was marketing to these brokers, okay. And that's, and I always stay in front of books, I run all the acquisitions to this day, every single week, I'm touring multiple deals, we're sending offers on multiple deals, I have four offers to send in the next two days, okay, three of them are best and final, we'll probably lose all of them. We lose like 95% of deals we'll make offers on, but we crank the volume. So you have to constantly stay in front of these brokers, you need to be touring the deals. And you need to be submitting LOI, and I get it. It's scary. And most people probably think, man, I'm not doing this underwriting correctly, because my purchase price isn't even close to what they're asking. You might be doing it correctly. The pricing is crazy, right? It's insane. And you have to have a very high-level understanding of financial analysis now to compete in these markets across the country. And you know, for me, I have the MBA, the accounting classes, blah, blah, blah. I underwrote the first few deals, but I hate doing it. I'm not nearly as sophisticated as my partner, Bic Ron, who has an economics degree CPA, he likes sitting in front of spreadsheets all day and diving in. So you need to find like an acquisitions person who's really going to be out there in front of the brokers touring, building those relationships. You have to find an underwriting person if you're one of the same, more power to you, but you have to be constant cranking, touring, underwriting, and sending offers and even if you're 5 million below, where they're asking prices, just keep sending in the offers, because even if you don't win it, these brokers need to show their sellers that they're getting traction and activity, right? They're doing something and so the more offers they get, the more tours they get. That's good. And you're going to stick out to them. So anyways, to answer your question, Sam, the first four deals we purchased, were all on the market, fully marketed, we went through best and final competed, we won the deals, okay. And the broker, and we had no track record for the first one, obviously, but we put in the offer the highest price, and they took it, you know, what's the broker going to do? It's ultimately up to the seller. And so we closed that gave us some momentum and credibility to then buy the next couple you don't need and then you just kind of keep building from there. And now, the majority of our acquisitions have been sourced completely off-market with no competition for anybody else directly through broke relationships. So the top between like the 20 to $70 million purchase price space in Phoenix, we really do get the first look at most of these deals from the top five, six brokers in the market. You know, it doesn't mean we can win them all or be passed on a lot of stuff. But we maintain these relationships, and they know that we'll perform so that's what you have to do is you have to be in front of these brokers, and you're going to be scared to do it. But so many people who have been trying to do this for two, three years, I see him again and I say hey, you know, how's it going the call? I haven't had any luck? Yeah, I say how many brokers have you talked to? Or tour on? None. It's like, well, then what are you really doing? You know, when you have to talk to and I know it's scary, but that's what you have to do the brokers run every market. Okay, you do direct mailers, you might get lucky, not saying it can't work. We've never done it. It's all been brokers that they run the market. So you have to build those relationships. Sam Wilson 16:39 Man, I love it, Zach, you've dropped a lot of really, really valuable information today of just Yeah, again, you guys have had meteoric growth in a short time frame. I love it. Love everything you've shared your listening, this has been absolute gold. So thank you for taking the time, out of what I know is already a very busy day to come on. And really just pull back the curtains on your business and tell us how it's done. So thanks for doing that. Let's jump here. And actually, the final question, which is if our listeners want to get in touch with you or learn more about you, what is the best way to do that? Zach Haptonstall 17:08 Yeah, thanks so much, Sam, for having me on. Really appreciate it, man. And thank you for listening. So you can go to our website, rise 48 equity.com ri, SC four, eight equity.com You can shoot me an email, Zack Z ACH at Rice 48 equity.com. If you're interested in learning about opportunities or investing, you can go to our website and actually set up a call with me and I'm happy to get on a call and help however I can and answer any questions. But yeah, that's how you guys get in contact with us. Sam Wilson 17:35 Awesome, Zach. Thank you again. I do appreciate it. Zach Haptonstall 17:38 Thanks. I appreciate it, man. Sam Wilson 17:39 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcast, Spotify, Google podcasts, whatever platform it is you use to listen If you can do that for us that would be a fantastic help to the show it helps us both attract new listeners as well as rank higher on those directories so appreciate you listening thanks so much and hope to catch you on the next episode.
Phoenix is one of the hottest real estate markets right now, and Zach Haptonstall is here to explain why you should invest in real estate in this area. Despite rising interest rates, Zach also discusses why multifamily investing is still a good investment. Join us to learn about real estate trends that you should be aware of!WHAT TO LISTEN FORHow to start and stay competitive in multifamily investingWhy Phoenix is a great real estate marketBenefits of multifamily passive income investingIs real estate a good investment despite the rising interest rate?Advantages of leveraging debt for asset buyingRESOURCES/LINKS MENTIONEDRich Dad Poor Dad | Paperback: https://amzn.to/3IeaNkb | Audible: https://amzn.to/34SVT4wRich Dad's Cashflow Quadrant | Paperback: https://amzn.to/3BFaw7r | Audible: https://amzn.to/3v88aMZABOUT ZACH HAPSTONSTALLZach Haptonstall was born and raised in Phoenix, Arizona. He is the Chief Executive Officer and Co-Founder of Rise48 Equity. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace. He Founded ZH Multifamily in 2018 and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity. Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.”CONNECT WITH ZACHWebsite: https://rise48equity.com/CONNECT WITH USTo learn more about investment opportunities, join the Cityside Capital Investor Club: https://citysidecap.com/Follow us on Facebook: https://facebook.com/CitysidecapFollow us on Instagram: https://www.instagram.com/citysidecapital_tim_lyons/Connect with us on LinkedIn: https://www.linkedin.com/in/tim-lyons-cityside-capital/
We interviewed Zach Haptonstall. Zach is the Chief Executive Officer and Co-Founder of Rise48 Equity. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace. He Founded ZH Multifamily in 2018 and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity. Zach's professional background includes Healthcare Sales and Administration. He is the former President and Co-Owner of a Hospice Organization in Phoenix with 110+ Employees and $9M+ Annual Revenue. He is also a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. He attended Colorado Mesa University on a football Scholarship his Freshman Year of College. Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.” In this episode, we cover several key topics including: Overcoming fear of success How he found the right business partners How he used a Tenancy In Common Structure on a multifamily deal And More… Connect with Zach: Website - https://rise48equity.com/ LinkedIn - https://www.linkedin.com/in/zach-haptonstall/ https://www.linkedin.com/company/rise48equity/?viewAsMember=true&fbclid=IwAR1H8dFlZcEpyfF2V4Tu1_OEZL2nqE7Ha442ctjCMYS-S4Uco4b9Yfp5V7Q Email - zach@rise48equity.com Instagram - https://www.instagram.com/rise48equity/ Youtube - https://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjA/videos Facebook - https://www.facebook.com/rise48equity And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com
We interviewed Zach Haptonstall. Zach is the Chief Executive Officer and Co-Founder of Rise48 Equity. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace. He Founded ZH Multifamily in 2018 and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity. Zach's professional background includes Healthcare Sales and Administration. He is the former President and Co-Owner of a Hospice Organization in Phoenix with 110+ Employees and $9M+ Annual Revenue. He is also a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. He attended Colorado Mesa University on a football Scholarship his Freshman Year of College. Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.” In this episode, we cover several key topics including: Overcoming fear of success How he found the right business partners How he used a Tenancy In Common Structure on a multifamily deal And More… Connect with Zach: Website - https://rise48equity.com/ LinkedIn - https://www.linkedin.com/in/zach-haptonstall/ https://www.linkedin.com/company/rise48equity/?viewAsMember=true&fbclid=IwAR1H8dFlZcEpyfF2V4Tu1_OEZL2nqE7Ha442ctjCMYS-S4Uco4b9Yfp5V7Q Email - zach@rise48equity.com Instagram - https://www.instagram.com/rise48equity/ Youtube - https://www.youtube.com/channel/UC0MykmVKnoZVU7cVFPwvcjA/videos Facebook - https://www.facebook.com/rise48equity And if you want more tips and guidance, sign up to our weekly newsletter at www.donisinvestmentgroup.com/monopoly. Follow Us: @donisbrothers on Instagram, Twitter, Facebook @Donis Investment Group on Linkedin Website --> www.donisinvestmentgroup.com
Learn how long-term wealth is built in this episode as our come-back guest Zach Haptonstall shares the growth that he has established, the challenges and strategies to acquire better quality staff, create cash flow, and focus more on each investor.Key Takeaways To Listen ForHow to overcome the challenges of getting deals and investorsWhat's the perfect time to hire staff and outsource tasksTaking full control of deals with continuity and consistencyAdvantages of having a deal flow ready when exiting dealsStrategies to adapt with market and legislation changesWhy you should prioritize passive investorsResources Mentioned In This EpisodeSA013 | Investor Relations and Asset Management During COVID-19 With Zach HaptonstallAbout Zach HaptonstallMr. Haptonstall is the Founder and President of ZH Multifamily and Co-Founder of Rise48Equity. He is an experienced Multifamily Apartment investor currently residing in Scottsdale, Arizona. He is a Lead Sponsor and Equity Owner of several properties in Phoenix and Scottsdale. He is also the Founder and President of The Phoenix Multifamily Association, a Phoenix-based organization that holds monthly speaking and networking events focused on Apartment Investing. He has been a licensed Real Estate Agent in Arizona since 2016. He is a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. He is the former Co-Owner and Director of Business Development for Sage Hospice and Palliative Care in Scottsdale, Arizona. Mr. Haptonstall holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. Connect with ZachWebsite: Rise48 EquityEmail: zach@rise48equity.comTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams
Zach comes back for the first time since episode 001 of the Capital Raiser Show to break down how he scaled and took over the Phoenix Market with his team. All together including full cycle deals and recent acquisitions, Rise 48 has acquired a total at the time of this release, 2448 units. I don't know many others who are scaling faster. https://rise48equity.com/
Zach Haptonstall is the CEO and Co-Founder of Rise48 Equity. He Founded ZH Multifamily in 2018 and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity. His professional background includes Healthcare Sales and Administration. He is the former President and Co-Owner of a Hospice Organization in Phoenix with 110+ Employees. He is also a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. He attended Colorado Mesa University on a football Scholarship his Freshman Year of College. He has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.” [00:01 - 05:17] Opening Segment Get to know Zach Haptonstall What is Rise48 Equity? Zach shares about their projects through the years [05:18 - 10:18] Real Estate Rising in Phoenix Where is the opportunity in the Phoenix market? Phoenix is Number One with No Competition Funding for Workforce Affordable Housing Leveraging Local Relationships [10:19 - 23:59] Fleeing California for Arizona Everybody is fleeing California Zach talks about the big tech companies in California Big Data and the Future of Phoenix The Greater Phoenix Economic Council Phoenix Maricopa County and Phoenix Metro Our Future is Serving Our InvestorsThe Future of Rise48 Equity Zach shares the current focus of their company [24:00 - 33:39] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?First multifamily deal Zach's worst investmentA suite during the Super Bowl in Phoenix What is the most important lesson that you've learned in business and investing?“To not listen to other people… you have to have a warrior mindset where you don't care what other people think.” Connect with my guest. See the links below. Tweetable Quotes: “Being local has a lot of advantages.” - Zach Haptonstall “The fact that all these big companies are coming here, you know, is encouraging for the water situation.” - Zach Haptonstall “Our number one goal is to serve our investors.” - Zach Haptonstall ------------ Connect with Zach Haptonstall through zach@rise48equity.com, Instagram, and LinkedIn. Visit their website https://rise48equity.com/. Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes
Zach comes back for the first time since episode 001 of the Capital Raiser Show to break down how he scaled and took over the Phoenix Market with his team. Just since we recorded about two months ago, Rise48 has added close to 700 units, I don't know many others who are scaling faster. https://rise48equity.com/
Do you have questions regarding the general partner's role and compensation in a deal? Are you wondering if you should take on the role of a passive investor or an active investor? Today's guest, Zach Haptonstall, is an incredible example of when one's career displays exponential growth after "going all in" with multifamily REI. Zach, CEO and founder of Rise48 Equity, is a general partner in five properties in the Phoenix area with a total asset value of over $48 million. Get ready for a deep dive into how to build your team and your business' infrastructure as you continue to scale. Zach shows us, when you lean into your God-given gifts and strengths, how successful you can truly be! Listen in! Book Recommendation: How to Own Your Own Mind by: Napoleon Hill Prayer Request: His team and employees. Connect with Zach: Website: www.rise48equity.com, Email: Zach@rise48equity.com, Facebook: (3) Zach Haptonstall | Facebook Connect with Lee: Website: THREEFOLD - Real Estate Investing (threefoldrei.com), Email: info@threefoldrei.com, Facebook: Threefold Real Estate Investing | Facebook, LinkedIn: Lee Yoder | LinkedIn Check out our Free E-book! https://threefoldrei.ac-page.com/5-steps-to-passive-income-for-the-full-time-dad
Target Market Insights: Multifamily Real Estate Marketing Tips
Zach Haptonstall is the CEO and Co-Founder of Rise48 Equity in Phoenix. He is also an official member of the Forbes Real Estate Council. He was born and raised in Phoenix and graduated Summa Cum Laude from the Walter Cronkite School of Journalism at Arizona State University. He went on to earn his MBA from Grand Canyon University and became part-owner of a healthcare company after years grinding it out in healthcare sales. Searching for a way to gain back control of his time and achieve passive cash flow, Zach sold his shares in healthcare and discovered Multifamily Investing. He closed his first deal in 2019. Today, his company Rise48 Equity has a portfolio totaling over $175 Million of Assets Under Management in the Phoenix Metro. Let's dive in to learn more about Zach's multifamily journey and the Phoenix market. Announcement: Download Our Sample Deal and Join Our Mailing List [00:01 – 10:00] Opening Segment Zach talks about his background. How he decided that multifamily and syndication was the way. Tips for those starting out. [11:00 – 24:13] TIC Structure and Getting Strategic The importance of understanding the sub market How Zach managed to find investors for his first deal Zach explains what a TIC structure is. The ins and outs of a TIC structure. The importance of relationships with brokers. The time you should spend thinking about your finances [24:13 – 34:00] The Phoenix Market The growth in the Phoenix market Zach breaks down why the Phoenix market is growing so rapidly The importance of referrals when finding investors Getting qualified leads to create sustainable relationships Contact Zach Link below. [34:00 – 39:00] Bullseye Round Apparent Failure: Relying on the property management company and trusting they would hit the budget in time. Digital Resource: Calendly Most Recommended Book: How to Own Your Own Mind Daily Habit: Praying. Curious About: Construction . I Wish I Knew When I Was Starting: Finding the right partners. Best Place to Grab a Bite in Phoenix Kovo (Greek food) Contact Zach: To reach Zach go to his website rise48equity.com or via email zach@rise48equity.com Tweetable Quotes: “You have to keep grinding. It's all about what you are doing each day” - Zach Haptonstall “Phoenix for the fifth consecutive year is the number one in the country for population growth .” - Zach Haptonstall Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.
Having a great relationship with a broker has proved to be beneficial to investors and operators alike. Brokers bring deals and if you have a great relationship with one, then an off-market deal may come your way.In this Highlights episode, we look back at our conversations with Zach Haptonstall of Rise48 Equity and Chris Salerno of QC Capital, who both were able to close off-market deals with the help of their trusted brokers. Zach tells us brokers control the market and he says if you can leverage your relationships with them, you can get some of the better deals. This is echoed by Chris, who is a former broker himself. Chris says building a great relationship with a broker will help you secure the best deal there is. Click the play button and find tips on how you can secure a great off-market deal!
A discussion on giving back to the community and how to gain the trust and respect of brokers in hot markets with Zach Haptonstall and Rowena Agustin. Follow us on Instagram, Facebook, and TwitterFor more educational content, visit our website at www.diaryofanapartmentinvestor.comInterested in investing with Four Oaks Capital? First step is to schedule a call with us. ----Zach HaptonstallZach Haptonstall is the CEO and Co-Founder of Rise48 Equity. Zach's main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. He resides in Scottsdale, Arizona with his wife Grace . He is the Founder and President of ZH Multifamily's, The Phoenix Multifamily Association, a Phoenix-based organization that holds monthly speaking and networking events focused on apartment investing. Zach is also an official member of the Forbes Real Estate Council, and is a #1 Best Selling Co-Author of "Success Habits of Super Achievers." Zach has been a licensed Real Estate Agent in Arizona since 2016. He is a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. Zach holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University, and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University.Visit his website https://www.rise48equity.com/or Email zach@rise48equity.com ----Rowena AgustinI am a wife and mother of 3 amazing children. I started real estate investing 3 years ago when I had a realization that my full time job working as an engineer was not providing the financial security that we needed. I started looking at other avenues of generating additional income. I looked at laundromats, I started driving for Lyft and finally came across Bigger Pockets and got hooked on real estate. I have completed 5 flips, 2 BRRR's and 1 turnkey all out of state, and invested in 2 apartment syndications as a limited partner. That is when I realized the power in apartment investing and that is now my primary focus.----Your host, Brian Briscoe, is a co-founder and principal in the real estate investing firm Four Oaks Capital. He and his team currently have 485 units worth $21 million in assets under management and are continuing to grow. He will retire as a Lieutenant Colonel in the United States Marine Corps in 2021. Learn more about him and the Four Oaks team at www.fouroakscapital.com or contact him at brianbriscoe@fouroakscapital.com - be sure to let him know where you found him.Connect with him on LinkedIn or Facebook.
Zach Haptonstall is the CEO and Co-Founder of Rise48 Equity. He and his wife Grace co-founded the company which now has over $143MM in assets under management. In addition, Zach also co-founded ZH Multifamily as a way to provide mentorship and educational resources about Apartment Investing.
Zach Haptonstall, CEO of Rise48 Equity, joins us to discuss leaving a successful career to start his business, a challenging first year, and growing his Phoenix multifamily investment company. Connect with Zach at https://www.rise48equity.com/ Transcript Devin: Zach, welcome. Thanks for jumping on. How are you? Zach: Hey Devin. I'm doing great. Thanks for having […]
Closing a deal, especially now amid a pandemic, is a success in itself. But, for a Phoenix-based real estate investment firm, they were able to do an almost impossible – closing five off-market deals under a contract which are worth $110 million. In this episode, we speak to Zach Haptonstall, CEO, and co-founder of Rise48 Equity, and he details how they were able to do that!Zach tells us brokers control the market. Zach says if you can leverage your relationships with them, you can get some of the better deals. He gives emphasis on the importance of communicating not only with brokers but also with your team members. He also elaborates on how he was able to scale up his business by hiring the right people and setting big goals. Click the play button now and find out how Zach and his team were able to close five off-market deals under contract!
About Zach: •CEO & Co-Founder of Rise48 Equity: $100,300,000 of Assets Under Management •Apartment Investor General Partner/ Syndicator •Host & Founder of The Phoenix Multifamily Association • #1 Best Selling Co-Author, "Success Habits of Super Achievers" • Forbes Real Estate Council Member •Greater Phoenix Economic Council (GPEC) Director's Council Member Get in touch with Zach: www.Calendly.com/Rise48 Zach@Rise48Equity.com www.Rise48Equity.com _____________________________________________ #RealEstatePodcast | #RealEstateAdvice Wanna know more about Barri Griffiths and the WWRE Podcast: https://linktr.ee/wrestlingwithrealestatepodcast The WWRE Podcast is available on all platforms
Zach Haptonstall Mr. Haptonstall is the Founder and President of ZH Multifamily and is an experienced Multifamily Apartment investor currently residing in Scottsdale, Arizona. He is a Lead Sponsor and Equity Owner of 420 units across five properties in Phoenix and Scottsdale worth over $48MM. He is also the Founder and President of The Phoenix Multifamily Association, a Phoenix-based organization that holds monthly speaking and networking events focused on Apartment Investing. He has been a licensed Real Estate Agent in Arizona since 2016. He is a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. He is the former Co-Owner and Director of Business Development for Sage Hospice and Palliative Care in Scottsdale, Arizona. Mr. Haptonstall holds a Master of Business Administration from the Colangelo College of Business at Grand Canyon University and graduated Summa Cum Laude with a Bachelor's in Journalism and Mass Communication from the Walter Cronkite School of Journalism at Arizona State University. Connect with Mr. Haptonstall: ZHMultifamily.com Schedule a call with Mr. Haptonstall: http://www.calendly.com/zhmultifamily ---------------------------------------------------------------------------------------------------------------------------- Download our FREE Guide to PREDICTABLE, RELIABLE, PASSIVE INCOME TO LIVE LIFE ON YOUR OWN TERMS ___________________________________ Want to appear on our podcast? Contact Us Learn how you can passively put your hard-earned money to work for you through multifamily syndication: Steed Talker Capital Connect with Us: Facebook Twitter Linkedin Instagram Youtube
Our guest today is a great example of "burning the boats" and going all-in. Zach had a great job in the healthcare industry and was making $200k per year while in his early 20's! What more could a guy ask for? But, Zach was not satisfied because he felt like a slave to his job and wanted to pursue his own dreams instead of working for someone else's. So, he quit his job and pursued real estate full-time with no back-up plan. Because of his hard work and persistence, he was able to close on his first apartment building 10 months later. These 10 months were extremely difficult for Zach and his self-worth and faith in God were tested. Zach had to rely on his faith, consistent action, and finding good partners to overcome all of the challenges and reach his goal. He now controls 420 units spread over five properties worth more than $48 million. Zach's prayer requests: That everyone continues to be safe and wedding planning goes well. He's marrying his fiance this October! Zach's book recommendations: ABC's of Real Estate Investing by Ken McElroy, Miracle Morning Millionaires by Hal Elrod Contact our Guest: Website: https://www.zhmultifamily.com/, Email: zach@zhmultifamily.com, Phone: 602-859-5458 Connect with Lee: Website: threefoldrei.com, Email: info@threefoldrei.com, Phone: 937-400-3044
Passion First Podcast Episode 012, Season 2: Zach Haptonstall: Protecting Your Assets and Investors During the Corona Virus LockdownPublished Date: 03/31/2020Guest: Zach Haptonstall is the Founder of ZH Multifamily and Summit Equity. He is based in Arizona and is a Lead Sponsor and Equity Owner of 308 units across four properties in Phoenix and Scottsdale worth over $35,000,000. He is also the Founder and President of The Phoenix Multifamily Association; He has been a licensed Real Estate Agent in Arizona since 2016. He is a former live television news anchor and sports reporter for Arizona PBS and co-hosted a show on Fox Sports Network Arizona. Contact Info and links:602-859-5458Zach@summitequityre.comwww.SummitEquityRE.comBook Recommendations: Psycho-Cybernetics: https://amzn.to/2V0IY7F ABC Property Management: https://amzn.to/3aGkvLv Miracle Morning: https://amzn.to/2UuNqMG Mastery: https://amzn.to/2UsZL3P Power of Ambition: https://amzn.to/39nFlxC The Passion First Podcast:Explore what creates financial freedom, what turns passion into purpose, and what habits lead to a successful life. Studying the science of success and the tools, systems, mindsets, and strategies of other business owners, investors, and entrepreneurs just like you so we can model their habits and strategies. Subscribe, like, and share the channel with a friend. If you have any questions regarding real estate or podcasting please reach out! For anyone pursuing a purposeful and passion-filled life, this show is for you and for anyone passionate about real estate, investing, and growing their own business this is the podcast for you! Halo Group- Real Estate Advisors: https://linktr.ee/HaloGroupREYouTube: http://bit.ly/YouTubeAustinHartleyInstagram: @AustinJamesHartleyPodcast: The Success ScienceLinkTree: https://linktr.ee/AustinjHartleyWebsite: https://www.halogroupre.com/
Zach goes over his first capital raise, using Tenant In Common Structures for Multifamily Purchases, what 506(B) and 506(C) exemptions are, pros and cons and legalities of money raises. zhmultifamily.com
In this podcast Zach Haptonstall discusses his evolution, background, track record, adversities and goals. He also goes into the legalities from his perspectives of capital raising and the different regulation offerings he has used to raise capital. Investment opportunities with Zach at zhmultifamily.com Investment opportunities with Bakerson at bakerson.com
Zach Haptonstall quit his job nine months before closing his first deal. He “burned the bridge” and was determined to make it happen. He shares an impressive story of why leaving a $200k salary position was the best decision. Zach explains how he began to get traction and develop a successful syndication business in a […]