What does it take to steer a multi-million-dollar property through one of the toughest lending environments in decades? In this episode of the Real Estate Investor Podcast, we welcome longtime friend and investor Gody Khambatta. Gody is a research scientist working on cancer treatments, but for over 25 years, he has also been quietly building a substantial real estate portfolio. In our conversation, Gody shares how he grew from house hacking in San Diego to managing more than 400 units across Texas, and talks about his recent battle to recapitalize a 240-unit portfolio. He also discusses the realities of navigating bridge debt, rising interest rates, property tax exemption programs, and the tough decisions that ultimately led to a successful refinance. Join us for insights into pragmatic strategies on debt, asset management, and staying resilient through market swings, with Gody Khambatta. Tune in now!

Key Points From This Episode:

• Welcoming Gody Khambatta, his background, and why he started investing in real estate.
• Hear how Gody was able to build his real estate portfolio from one property. 
• His experience with recapitalization and what to consider about a bridge loan. 
• Gody outlines how tax exemption programs in Texas can add significant value.
• The difference between local property tax exemptions and roamer property tax exemptions.
• Politics and regulatory hurdles he faced when trying to leverage the tax exemptions.
• Find out how Gody was able to find financing even though the tax exemption route failed.
• Discover why matching debt structure with long-term business plans is crucial. 
• Learn about fixed-rate financing and how it can reduce exposure to market volatility. 

Links Mentioned in Today’s Episode:

Gody Khambatta on LinkedIn

Gody Khambatta Email           

Asset Management Mastery Facebook Group
Invest Smart

Break of Day Capital
Break of Day Capital Instagram

Break of Day Capital YouTube

Gary Lipsky on LinkedIn

🙏 Special thanks to our sponsor, Bromley Palamountain of Northwestern Mutual — helping professionals and business owners build financial plans that support long-term freedom. To book your complimentary consultation, click the link.