Want to know how to raise capital in today’s market? Today we are joined by Sam Bates, Founder/CEO of Bates Capital Group and Co-Founder/Managing Partner of Trinity Capital Group! Sam dives into his start in single family investment properties, transitioning to bigger projects, and the specifics of raising capital and making deals. We appreciate Sam for laying down his knowledge, and we hope all continues well for him! Don’t forget to leave a rating and review, and we will see you on the next episode!
LEARN MORE: www.terrencemurphy.com
Interested in joining our team? www.exptribe.com
Books: The Success Principles by Jack Canfield, Miracle Morning by Hal Elrod
Contact: Sam Bates
@SamBatesIV (twitter)
inquiry@TrinityCapitalTexas.com
Timestamps & Show Notes:
(0:00 - 1:55) Intro / Sam Bates
(1:56 - 4:07) Sam’s Path to Real Estate / Initial Investments
(4:08 - 6:22) Top Three Lessons Learned
(6:23 - 8:33) Why Sam Went into Single Family (BRRRR Method)
(8:34 - 11:39) How Sam Transitioned to Multi Family
(11:40 - 13:13) Breakdown of Underwriting
(13:14 - 16:54) High Points Sam Hits with Investors
(16:55 - 18:48) Specifics of Raising Capital, Time Expenditure
(18:49 - 21:03) Location of Sam’s Assets
(21:04 - 25:39) Fundamentals of Raising Capital and Making Deals
(25:40 - 28:34) The Kind of Deals Sam Looks For
(28:35 - 30:49) How Sam Looks at Deals -- Cap Rates, Cash Flow
(30:50 - 33:17) Sam’s Secret Sauce
(33:18 - 34:12) An Opportunity Sam Sees
(34:13 - 36:06) Technology Sam Uses
(36:07 - 37:06) Sam’s Big ‘Why’
(37:07 - 38:49) Book Recommendations
(38:50 - 41:07) Final Thoughts & Closing
