EP 116: Safe Bets with Sound Syndications to Scale Up Your Portfolio with Charles Carillo
Looking to take your real estate investments to the next level? Join us in this captivating episode of Real Estate Investor MBA, where we have the pleasure of hosting Charles Carillo – a seasoned investor with profound expertise in scaling portfolios through secure syndications. Tune in as Charles shares his remarkable journey, from starting with smaller multifamily properties to successfully venturing into larger syndications. He dives into the challenges and strategies of working with investors while emphasizing the essential role of thorough tenant underwriting in the investment process.
Discover how Charles transitioned from using his own capital to collaboratively working with outside investors to expand his investment opportunities. Gain valuable insights on the structure of Charles' real estate investments and learn about his current activities in the ever-evolving real estate market. Get exclusive access to his expert outlook on factors such as interest rates and the upcoming election, shaping the future of real estate investments. Don't miss out on this dynamic conversation that will empower you to make safe bets with sound syndications and propel your portfolio towards new heights. Hit play and let's dive into the knowledge-packed world of Charles Carillo and his successful real estate journey!
💥 Remember, this is your MBA. Have a notepad handy, and get ready to take some 📝 notes!
Key Points from This Episode:
Charles' background in real estate investing.
Progression from smaller multifamily properties to larger syndications.
Challenges of working with investors.
Importance of underwriting tenants in the investment process.
Charles' journey in real estate investing.
Shift to investing in 100+ unit B-class properties.
Transition from using own capital to working with outside investors.
Structure of Charles' real estate investments.
Charles' current activities in the real estate market.
Outlook for the future of real estate investments considering factors like interest rates and the upcoming election.
Tweetables:
“If you talk to the big money, you talk to family offices, where they're putting their money, yeah, they'll put some of their money to short-term rentals over here, you know what I mean? But they're really chunking down intro multifamily”. –Charles Carillo
“You should always be buying, you should always be looking.” –Charles Carillo
"Real estate, it has to be for me. It's the best investment vehicle and multifamily is just my favorite. I've seen it for many decades." –Charles Carillo
“Anything that we're purchasing, we're going to make sure that it's rate-adjusted.” –Charles Carillo
Resources
A Guide to Passive Investing ebook
About Charles Carillo
Charles Carillo is the founder and managing partner of Harborside Partners. He has been actively involved in over $200 million worth of real estate transactions since 2006 and carries extensive knowledge in renovating and repositioning multifamily and commercial real estate.
In addition to being an active investor; Charles passively invests in many different asset classes including; commercial real estate, ATMs, and early-stage technology and agriculture (AgTech) startups.
Charles oversees all acquisitions, investor relations, and strategic partnerships at Harborside Partners. He is also the host of the popular podcast, “Global Investors,” where Charles interviews successful real estate investors in addition to his weekly strategy episodes.
Prior to launching Harborside Partners, Charles co-founded an online payment processing company that has since processed over $1 Billion in payments for clients in 5 continents across the globe.
Charles is an Eagle Scout and holds a Bachelor’s Degree from Central Connecticut State University.
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The education we provide is sponsored by Lehigh Valley Fund. The fund earns returns through real estate investing and pays inventors an average 10% return with a 12 - 18% target*
Click here to book Fund Manager Tejas Gosai.
Contact Jerna Bentilanon to schedule a visit to our offices or a tour of one of our properties: j.b@lvpefund.com, 610-230-7777
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