MB386: How a ‘Numbers Guy’ Learned to Raise Money for Deals – With Chad Schieler
Listen now
Description
Chad Schieler saw himself as the numbers guy, so he let partners handle the task of raising money for his first big real estate syndication. But his team was short. At closing, they had $1M of a $1.4M raise, and Chad had to take out a bridge loan to cover the rest. That experience inspired Chad to overcome his limiting beliefs around raising money and take his syndication business to the next level. Today, he is Founder and Principal at Focused Capital, a multifamily firm that helps busy professionals generate passive income and create wealth through real estate investing. After 17 years running a successful credit card processing service business, Chad became a full-time real estate investor. He is a GP on 139 units and LP on 900-plus! On this episode of Financial Freedom with Real Estate Investing, Chad explains what he struggled with early in his real estate career, describing his fears of asking for money and the flaw in his underwriting formula. Chad discusses how investing in a mentor gave him the confidence to take on bigger multifamily deals and shares his approach to building a team as he scales. Listen in for Chad’s advice on fast-tracking your path to financial freedom and learn how to overcome your limiting beliefs around raising capital and start sharing the opportunity to invest in real estate! For full episode show notes visit: https://themichaelblank.com/podcasts/session386/
More Episodes
Are you curious about alternative investments and how to diversify your portfolio like the wealthy? Do you want to understand how successful investors allocate their assets across various investment opportunities? In this episode of Financial Freedom with Real Estate Investing, I’m joined by Jim...
Published 06/24/24
Are you ready to take your first steps towards financial independence through apartment building investing? Do you want to learn from the experiences of those who've journeyed before you? Join us on this episode of Financial Freedom with Real Estate Investing, where we dive deep into the art of...
Published 06/17/24