Preview Mode Links will not work in preview mode

Welcome to Target Market Insights. A podcast to help real estate investors navigate neighborhoods through the lens of local experts. In each episode, we speak to local specialists to learn about their market, useful tips, and the latest trends and developments. This show is designed to help you with the insights you need to win your target market.

Aug 16, 2022

Ivan Barratt is a multifamily owner, manager, and syndicator who specializes in large apartment communities in the Midwest. Since 2015, Ivan Barratt has raised nearly $250 million in equity, acquired over 5,900 units, and grown the BAM Companies to a best-in-class, four-time Inc. 5000, private equity, and management firm. Today, Ivan focuses his time on equity finance, acquisitions, and company strategy. Currently, his company manages nearly $700 million in syndicated assets. 

We talked to Ivan about his transition from single assets to the fund model, how the fund model works, its pros and cons and the Midwest Market.

 

Announcement: Download Our Sample Deal and Join Our Mailing List

 

[00:01 – 04:03] Opening Segment 

  • Ivan talks about his background.
  • He talks about how he grew his leadership teams and BAM Capital;

[04:03 – 19:44] The Fund Model

  • What makes the Midwest Market great;
  • Why he moved from single assets to the fund model;
  • Pros and cons of the fund model;
  • Things to be aware of before transitioning to the fund model;
  • He talks about investing in a fund;
  • What to expect in terms of communication with the investors in the fund model;

[19:44 – 31:05] More Capital

  • Fund manager vs Syndicator;
  • What to do before leaping into the fund model
  • What’s recapping of assets;
  • How you can double your capital in five to six years;

 [31:05 – 36:43] Round of Insights

Apparent Failure:

The great financial crisis

 

Digital Resource:

Real Vision

 

Most Recommended Book:

Turning The Flywheel

 

Daily Habit:

Journaling

 

#1 Insight for Investing 

It’s so important for an investor to get as educated as they can.

 

Best Place to Grab a Bite in Indianapolis: 

Ramen Ray

 

Contact Ivan:

To learn more go to thebamcompanies.com or bamcapgroup.com.

Tweetable Quotes:

“Don’t bet on the horse - bet on the jockey.” - Ivan Barratt

“If you do it right, and you push on hard enough and you build it - It becomes its own sustaining momentum over time” - Ivan Barratt

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.