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2020-05-11

Powell’s Background:

  • Started investing in 2015 when he purchased a single family property
  • Now focuses on larger multifamily acquisitions, all out of state, totaling over 1000 units syndicated
  • Runs a successful meetup platform, Multifamily Masters, which now has branches all across the country

In this episode we cover:

  • 00:01:19 Powell’s interest in RE and his incentive to invest out of state vs in CA
  • 00:04:18 The meetups he went to originally and why they didn’t meet his needs
  • 00:05:27 Starting his own meetup to fix that problem - an out of state multifamily investing meetup
  • 00:08:08 Growing this brand in the LA area and pivoting to cater to other states with new meetup branches not in the LA area
  • 00:14:44 How Powell began to franchise the meetup brand while keeping it flexible for new chapters to have their own style
  • 00:23:04 An example of a typical meetup structure to optimize networking and learning
  • 00:27:09 The 2 most important things to do to start a meetup
  • 00:32:26 How the MFM family has been able to leverage each other to close deals nationally

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