Dec 6 2022
Selling a 5000 Unit Portfolio; 1000 Units from Mom & Pop Owners; Successful Partnership Structures - with Stewart Beal | TLS234
Stewart Beal is a serial entrepreneur who brings extensive management, marketing, and leadership abilities to all Beal Capital projects. Stewart has been actively involved in real estate, construction, acquisition, development, and management since 1997. When he was nineteen years old, Stewart founded Beal Properties, LLC, and has since founded more than twenty other companies in the real estate and construction industries. Beal Properties has purchased more than 100 properties over the past 17 years - in Ypsilanti, Ann Arbor, Toledo, Detroit, Monroe, and Dundee. His company currently manages over 3,000 apartment units, office spaces, and single-family homes. Beal Properties employs more than 60 team members in Michigan and Ohio. Stewart is a founding member of Watermark Partners, which manages a set of real estate funds that have raised and deployed more than $100 million in equity, closed more than 150 real estate transactions, and acquired more than 6,000 apartments over the past 5 years.Show Highlights:How his business is structured and current portfolioSelling a lawn care business at the age of 19 for $250kHis first real estate investmentBuilding his property management companyAcquiring 300M in his first syndication companySelling the 5000 unit portfolio, dissolving the business, and going off on his own.6 Ways he finds off-market, mom-and-pop deals. What he’s looking for in a good dealConnect with our Guest:sbeal@gobeal.comWATCH THE SHOW ON YOUTUBE: https://www.youtube.com/c/TheLeadSponsorSUPPORT OUR SPONSORS:Canovo Capital - Hassle-Free Commercial Real Estate InvestingDealCheck.io - Analyze Any Investment Property in Seconds ( Use "CANOVO25" for 25% off)SyndicationPro - Investor Portal - Raise More Capital in Less Time FREE RESOURCES:Download Our Passive Investor Guide to Multifamily Syndications CONNECT WITH US!YouTube | Linkedin | Instagram | Website | Facebook | Twitter LOVE THE SHOW? Please subscribe, rate, review and share! Thank you!