How do you launch a real estate fund and scale it to $150M in land development projects? 

In this episode, Vas Persaud, CEO of Avatar Vision Fund, shares his journey from a 20-year career as a civil engineer working on over $3B in projects to becoming a fund manager tackling America’s housing affordability crisis. Vas breaks down how he leverages his engineering background to derisk projects, streamline entitlements, and create affordable, workforce housing through Karma Development Group and Eco Vision Homes. From fund structuring to innovative construction technologies, this conversation is packed with insights for investors and entrepreneurs looking to navigate development while making a real impact 

 5 Key Takeaways to learn from this episode

1. From Engineer to Fund Manager – Vas explains how his civil engineering expertise in permitting and land planning created a natural bridge into development and fund management 
   
   
2. Addressing Housing Affordability – His mission-driven approach centers on building workforce housing for middle-income earners like teachers, police officers, and nurses 
   
   
3. Customizable Fund Structure – Instead of a traditional blind pool, Vas designed a flexible fund model that allows investors to customize their investments and diversify across asset classes 
   
   
4. Technology in Construction – From modular builds to 3D printing, Vas highlights evolving construction methods and explains why panelized, site-assembled systems may scale fastest 
   
   
5. Derisking Through Entitlements – By structuring deals to only close on land after securing permits, Vas creates built-in investor protections while still capturing significant upside 

About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. 

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
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