Multifamily Insights

Turning Distress into Success with Thomas McPherson, Ep. 696


Listen Later

Thomas McPherson is a real estate entrepreneur and U.S. Navy veteran with extensive experience in multifamily investing, distressed assets, and sustainable development. After serving in the Navy and Marine Corps, he transitioned into real estate, excelling as a broker before becoming a principal investor. He now focuses on ground-up development and private debt funding, creating high-performance, sustainable communities.

 

 

Get ready for REWBCON 2025, happening from April 10th to 12th! Use my code JOHN at checkout for 10% off your ticket.

Key Takeaways:
  • Transitioning into real estate can be smoother by keeping expenses low and working within the industry.

  • High-quality assets tend to perform better during economic uncertainty compared to lower-class properties.

  • Distressed debt offers opportunities to work with borrowers and lenders to find creative solutions.

  • Sustainable development aligns with market demand, leading to higher rents, occupancy, and tenant retention.

  • Small, intentional efforts in property management and development can create a sense of community and increase property value.

 

 

Topics:

Transitioning from the Military to Real Estate

  • Thomas's journey from the Navy to real estate brokerage and later becoming an investor.

  • The importance of controlling expenses and finding industry-related jobs to gain experience.

Investing in Distressed Assets and Debt

  • Definition of distressed debt and how Thomas approaches these opportunities.

  • Strategies for working with borrowers to resolve financial challenges.

  • The importance of over-communicating with lenders and investors when facing financial distress.

Sustainable Development and Community Building

  • How Thomas incorporates sustainability into his developments, including solar energy and water conservation.

  • The concept of value graphics over demographics—attracting tenants based on shared values.

  • The financial benefits of sustainability, including higher retention, occupancy, and rents.

Lessons in Investing and Risk Management

  • Thomas’s experience with leverage and risk early in his investing career.

  • The importance of controlling investments rather than relying on external factors.

 

 

📢 Announcement: Learn about our Apartment Investing Mastermind here.

Round of Insights:
  • Apparent Failure: Leveraging debt to trade options early in his career, which led to a major loss but valuable lessons in risk management.

  • Digital resource: Prefers books over digital tools

  • Most recommended book: Investing in Duplexes, Triplexes, and Quads by Larry Loftis.

  • Daily habit: Time blocking and eliminating distractions for focused productivity.

  • #1 Insight for being a successful developer and distressed debt investor: Stand out in a crowded market—whether through sustainability, branding, or personalized outreach like handwritten letters.

  • Favorite place to grab a bite in Phoenix, AZ: Chelsea’s Kitchen.

 

 

Next Steps:
  • Learn more about Thomas’s work at Lukrom.

  • Consider how sustainability and community-building can improve investment performance.

  • If you're facing a distressed asset situation, focus on early communication and finding creative solutions.

 

 

Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

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

Multifamily InsightsBy John Casmon

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

271 ratings


More shows like Multifamily Insights

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

711 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,789 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

994 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

824 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

972 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,402 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

416 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

723 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,838 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

326 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

137 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

689 Listeners

On The Market by BiggerPockets

On The Market

899 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

835 Listeners

The David Greene Show by David Greene

The David Greene Show

690 Listeners