How does someone go from flipping a few houses a year to owning over 500 multifamily units in just 12 months?

 

In this episode, multifamily investor Tate Siemer, shares how he transitioned from flipping single-family homes to acquiring over 500 doors across multiple markets. He discusses the mindset shift required to scale quickly, lessons from his first multifamily deals, and how mentorship, strategic networking, and seizing the right opportunities transformed his career. This is a conversation packed with real-world takeaways for anyone looking to make a leap in their real estate journey.

 

 

[00:01 - 04:28] From Photography to Flipping

• Why flipping houses with personal funds limited growth
• The importance of learning through experience and iteration
• What caused him to realize single-family homes weren’t scalable

 

[04:29 - 08:38] The First Multifamily Deal

• How a 12-unit flip opened the door to new strategy
• Why Tate regrets selling the property instead of holding it
• The significance of recurring income vs. one-time flips

 

[08:39 - 12:42] Scaling Up with Intentional Strategy

• How hiring a mentor (Corey Peterson) accelerated his growth
• The importance of building credibility with brokers and investors
• What the “Law of the First Deal” means for momentum

 

[12:43 - 15:57] 572 Units in One Year

• How they acquired 552 units across three states
• Why diversifying markets was part of the growth plan
• The need for fast decision-making and team alignment

 

[15:58 - 18:50] Mindset and Winning Deals Without the Biggest Check

• Why connecting authentically made the difference in landing a big deal
• The importance of confidence over credentials
• What makes the six inches between your ears your most valuable asset

 

Connect with Tate:

 

https://www.linkedin.com/in/tate-siemer-367939160

 

Key Quotes:

 

"The most important real estate to develop is the six inches between your ears." - Tate Siemer

 

"If I can do it, you can do it. I’m not overly talented, I just stayed coachable and showed up." - Tate Siemer

 

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