What Asset Managers Must Watch with Mike Roeder, Ep. 492
Multifamily Insights - A podcast by John Casmon
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Mike Roeder was a top performing high net worth insurance producer for Fortune 500 Company for over a decade. Then he transitioned from single family investing to multifamily back in 2015, and today he's a general partner in over 2200 units valued at over $320,000,000. Now, he's the co-founder of Granite Towers Equity Group, a real estate private equity firm. We talked to Michael about building great partnerships, scaling, asset management, teams, raising capital and what it means to dive deep into financials. Click here to join me and other top real estate investors for the Midwest Real Estate Networking Summit! Building Partnerships, Scaling, and Asset Management (00:00) House hacking to multifamily; (06:59) Building a great partnership; (09:56) How to choose partners; (14:25) Scaling; (19:50) Asset management and teams; (22:50) Diving deep into the financials; (30:00) Raising over $100 mills Round of Insights: Apparent Failure: Not taking action early on with a badly performing property management company Digital Resource: CoStar Most Recommended Book: Shoe Dog Daily Habit: Eating healthy and working out #1 Insight for Multifamily Investing: Know, like, and trust the general partner you are investing with. Best Place to Grab a Bite in Minnesota: The Cove Announcement: Download Our Sample Deal and Join Our Mailing List Contact Michael: To learn more go to granitetowersequitygroup.com 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.