Growth House

0 to 500+ Units in 3 Years w/ Joseph Kimbrough


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1st Episode of Season 2, we have Joseph Kimbrough join us and share his journey from learning real estate to becoming a successful multifamily real estate investor. He started as a wholesaler and quickly found success, but realized he wanted to own properties and generate cash flow. Joseph then transitioned to multifamily real estate and formed a fund to raise capital for acquisitions. 
He emphasizes the importance of being intentional and building trust with investors. Joseph also discusses his involvement with TEDx and Forbes, highlighting the value of personal branding and credibility in the industry. Joseph Kimbrough discusses his future plans for Apex Real Estate, including expanding into the beauty industry by setting up a med spa. 
He draws inspiration from other successful business ventures and emphasizes the importance of equity in real estate. Joseph also shares insights on investing in different neighborhoods and choosing the right kind of fund. He highlights the significance of networking and intentional proximity to high net worth individuals. 

Takeaways

  • Joseph Kimbrough plans to expand Apex Real Estate by setting up a med spa in the beauty industry.
  • Equity in real estate is a focus for Joseph, while single-family homes may be considered for long-term investments.
  • Investing in D-class neighborhoods is not recommended by Joseph, as it can lead to safety concerns and potential losses.
  • Choosing the right kind of fund is crucial for fund managers, considering the target audience and marketing strategies.
  • Networking and intentional proximity to high net worth individuals can open doors for investment opportunities.
  • Embracing learning lessons and persevering through challenges is essential for entrepreneurial success.

Chapters

00:00
Introduction and Background

03:03
Transition to Real Estate Investment

06:03
Starting as a Wholesaler

09:46
Transition to Multifamily Real Estate

15:20
Raising Capital for Syndication

19:00
Deal Structure and Returns

22:30
Selecting Syndication Partners

27:23
Involvement with TEDx and Forbes

29:59
Future Plans for Joseph and Apex

30:16
Expanding into the Beauty Industry

31:01
Setting Up a Med Spa

32:56
Inspiration from Other Business Ventures

33:37
Equity in Real Estate vs. Single Family Homes

34:14
Investing in D-Class Neighborhoods

35:06
Choosing the Right Kind of Fund

37:56
Two Action Steps for Raising Capital

39:12
Meeting Mark Cuban

40:03
Intentional Networking and Proximity

41:43
Avoiding Lifestyle Downgrades

45:10
Embrace the Learning Lessons

46:20
Looking for Accredited Investors

46:51
How to Connect with Joseph Kimbrough

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Growth HouseBy Jesse Ray

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