Welcome to another episode of No Vacancy, where we uncover powerful insights from Southern California’s multifamily market. In this episode, Taylor Avakian talks with Kamyar Shabani, co-founder of Optimus Properties, who brings over a billion in assets under management and unmatched expertise in the LA market. From pricing properties, handling high-stakes investments, and navigating complex market cycles, Kamyar provides hard-hitting advice for those looking to build a real estate empire. This episode is packed with insights that every investor needs, especially those eyeing multifamily properties.
Chapters:
0:00 - Introduction & Episode Overview
1:21 - Starting in Real Estate: From Law to Multifamily
2:29 - Building a Billion-Dollar Business: Kamyar’s Journey
3:19 - Is Real Estate Syndication Dead?
4:41 - The Importance of Small Beginnings
6:07 - Raising Capital: Friends, Family & Trust
10:43 - Pricing, Risk, and Building Value in Multifamily
15:23 - The Challenge of Managing Expenses in LA Properties
20:41 - Kamyar’s Unique Approach to Deal-Making
25:13 - Los Angeles Real Estate: High Stakes & Big Rewards
29:45 - Real Estate Investment: Discipline Meets Opportunity
35:18 - How to Find and Vet Investment Deals
39:00 - High Leverage vs. Conservative Investment Strategy
42:06 - Advice for Young Investors
47:14 - Los Angeles vs. Out-of-State Markets
52:00 - Building a Sustainable Investment Business
55:30 - The Power of Networking and Philanthropy in Real Estate
Highlights:
Why investing through all cycles is key to real estate success
The role of trust and transparency in building investor relationships
Kamyar’s approach to navigating unpredictable markets with strategic planning
How his transition from law shaped his unique investment philosophy
Tips for scaling a billion-dollar portfolio in multifamily and commercial real estate
Tune in to discover Kamyar’s essential strategies for thriving in Southern California’s dynamic real estate landscape!
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