Raising capital and building relationships with your investors is always going to be a central part of multifamily real estate, and to provide you with some fresh perspective and double down on some inspiration, we have invited the one and only Bronson Hill from Bronson Equity onto the show today to talk about his philosophy, history in the space, and where he is headed next! Bronson opens up about creating a good experience for your investors, his process for nurturing relationships, and why these relationships are central to success down the line. We also discuss his thoughts on balancing the online and in-person avenues of his company, and why he prioritizes content creation and physical meetups. Listeners can expect a whole lot of information about what it takes to get repeat investors, what keeps Bronson motivated, and the types of dangers to be aware of in early deals. So to catch all this, and then some, be sure to press play!
Key Points From This Episode:
- Bronson's capital raising process and how this has evolved over time.
- Highlighting the most important factors for successful funding strategies!
- Finding repeat investors; the time and energy that it takes to make this happen.
- A few of the biggest lessons that Bronson has learned about dealing with investors.
- Why being personable and interested in investors can serve everyone's needs.
- Bronson comments on where his capital raising strategy is headed in the near-future.
- Common needs, issues, and concerns that Bronson encounters in his conversations with investors.
- Bronson talks about the dangers of inflation and why these are increasing.
- Increased interest rates and what these will mean for valuations and returns in the world of real estate.
- A little about Bronson's love of traveling and the lessons he has learned abroad.
- We hear about Bronson's involvement with the Dressember Foundation and their impactful work against human trafficking.
- Where to find and learn more about Bronson and his great resources!
Tweetables:
“It's like when you're trying to roll something heavy, it’s very difficult in the beginning and once it gets going, you have some momentum going for you.” — Bronson Hill [0:02:15]
“A lot of it comes from relationships. It comes from people that you know over time and now we’ve had some deals that are performing really well and so we’re starting with some referrals.” — Bronson Hill [0:05:26]
“What people really want to know is that it’s going to be a good experience. That it’s going to be stable, that they’re going to be able to communicate with you.” — Bronson Hill [0:06:10]
Links Mentioned in Today’s Episode:
The Single Best Investment Strategy During (or After) a Pandemic
Passive Income Through Multifamily Real Estate Facebook Group