BiggerPockets Real Estate Podcast - From Speech Therapist to Million Dollar "Capital Connector"

Raising capital for commercial real estate deals is a far more useful skill than most people realize. If you have a strong knack for networking and the social skills to connect with many different individuals, you could be the exact piece that almost every investor is looking for. As more investors get into the hot commercial real estate market, they’ll need private capital to fund their deals. So who better than you to connect the investor and the deal finder for a piece of the cash flow pie? If you’re worried about the time commitment of raising capital, let us introduce you to Esther Reizes-Lowenbein, who not only worked as a broker, capital raiser, and investor but also is raising her eight children while doing it. Fortunately for Esther, raising capital is something she loves to do, as she has a strong communication background with her former training in speech pathology. If you’re getting the itch to start investing in bigger deals, but don’t know how to get started, Esther can help. She walks through the different roles in commercial real estate, whether to invest, syndicate, or stick with small deals, and how to become a capital raiser yourself (the right, legal way). ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup ~~~~ Follow Esther on LinkedIn and Instagram: LinkedIn: https://www.linkedin.com/in/esther-reizes-lowenbein-34992096/ Instagram: @estilowenbein or https://www.instagram.com/estilowenbein/ ~~~~ Grab the Books Mentioned in Today’s Episode: Raising Private Capital: https://store.biggerpockets.com/products/raising-private-capital How to Raise Money Legally: https://www.amazon.com/How-Legally-Raise-Private-Money/dp/1079151885 ~~~~ Hear Esther on The BPCon Live Podcast: https://www.biggerpockets.com/blog/biggerpockets-podcast-518 ~~~~ Listen to Henry’s Full Episode of The BiggerPockets Podcast: https://www.biggerpockets.com/blog/biggerpockets-podcast-366-henry-washington ~~~~ 5 Myths Holding You Back From Raising Capital for Real Estate Syndications: https://www.biggerpockets.com/blog/5-myths-holding-raising-capital-real-estate-syndications ~~~~ Connect with David and Henry on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24 Henry: https://www.biggerpockets.com/users/henryw22 Episode 557 Show notes at: https://www.biggerpockets.com/show557 0:00 Intro 3:47 Quick Tip 5:13 Raising Many Millions in Capital 13:21 The Different Roles in Commercial Investing 15:22 Invest, Syndicate, or Stick to Small Deals? 17:49 How to Become a Capital Raiser 22:27 Mistakes You Should Avoid 29:05 Esther's Portfolio 32:29 Short-Term Rentals and SFHs 41:04 Questions to Ask a Partner 46:57 How Risky Should You Go? 51:18 Deal Deep Dive 56:07 Fire Round 58:54 Famous Four