The Side Hustle and Business Show with Eric Lindsey

Actively Pursuing Owning 5,000 Multifamily Apartment Units with Ben Waller


Listen Later

Ben Waller is a Managing Partner at Monument Real Estate Capital. He grew up in Wisconsin, eventually moved to Utah, and graduated from the University of Utah with a Masters in Real Estate Development. He is working towards having 5,000 multifamily units under management and has raised over $4 million in private equity for multifamily projects. He enjoys spending time with his wife and two children and the board game Apples to Apples, which started in his basement when he was growing up.


Get 3 Free PDFs For Wholesaling SFR/Mobile Homes and How To Make $100,000 a Yr. On The Side Of Your Full-Time Job When You Go To: https://ericlindseyml.com/
Click On This Link  For Our Free E-Book "An Introduction Into Apartment Syndication Book:" 
https://moonlightcre.com/ebook_download/
Website:http://Ericlindseyml.com
Click On The Link Below To Schedule A Call With Eric:
https://calendly.com/moonlightequitiesgroup/scheduled-conversation



During this episode, you will learn about: 

[01:44] About the Apples to Apple game and how it works 

[02:53] A bit about Ben Waller and how he started in real estate

[05:01] Why you don’t need a real estate license if your focus is on investment 

[06:42] What Ben’s real estate day-to-day business looks like 

[07:59] How Ben balances his time in his realtor and real estate investment career

[11:52] A high-level overview of a heavy lift deal that Ben completed

[14:38] The property’s heavy lift and Ben’s value add strategy since they took over

[16:17] What Ben is foreseeing in the market and why conservative is the way to go 

[18:29] What Ben wishes he had known before he started investing in real estate 

[18:54] How long it took Ben to complete his first syndication deal as a GP

[20:10] How Ben balances personal life and business to give both proper attention 

[21:10] How to start a successful company like Ben’s with a W2 and a limited amount of time  

[22:36] Ben's advice to anyone who wants to become an active syndicator but has little cash and experience 

[23:41] The best way to partner with limited partners 

[25:54] Personal development and business books that Ben recommends to Moonlight listeners 

[29:35] The best way to reach out and connect with Ben

Notable Quotes:

  • There are many ways you can make money in Real Estate, and you don't need a real estate license to do most of it.
  • If you want to buy one or two rental properties, you can do it by yourself, but if you're going to scale up and have a giant portfolio, you need a team.
  • If you want to go bigger, invest the time in finding mentors and team members that you can work with.
  • You can have everything you want by helping others get what they want.- Zig Ziglar.


Resources Mentioned:
Rich Dad Poor Dad by Robert Kiyosaki:
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Think And Grow Rich Napoleon Hill:
https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331


...more
View all episodesView all episodes
Download on the App Store

The Side Hustle and Business Show with Eric LindseyBy Eric Lindsey

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like The Side Hustle and Business Show with Eric Lindsey

View all
Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,837 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,812 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,582 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,842 Listeners

The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,056 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,367 Listeners

Side Hustle Pro by Nicaila Matthews Okome | Side Hustle Pro Media

Side Hustle Pro

1,758 Listeners

Side Hustle School by Chris Guillebeau / Onward Project

Side Hustle School

3,291 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,055 Listeners

Earn Your Leisure by EYL Network

Earn Your Leisure

7,792 Listeners

My First Million by Hubspot Media

My First Million

2,620 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,838 Listeners

The Personal Finance Podcast by Andrew Giancola

The Personal Finance Podcast

1,351 Listeners

Side Hustle City by Adam Koehler & Kyle Stevie

Side Hustle City

31 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

839 Listeners