Today, Sam Bates joins us, and we’ll learn how he navigates different niches in real estate, from single-family to multifamily, and now nailing the development side of the business. Get tons of insights as he also talks about his strategic planning on doing projects, underwriting, and research in a shifting market. Make sure not to miss this one!

Key Takeaways to Listen for

• Strategies to diversify a portfolio and shift from one asset class/niche to another
• A conservative approach to real estate development
• Estimated cap rates, basis points, and compression on development projects
• Markets you could consider for single-family and multifamily development projects
• Things real estate developers should consider and focus on
• Keys to success in real estate development

Resources Mentioned in This Episode

• Top 10 Reasons Why The 1% Prefer Private Investments 
• Free Apartment Syndication Due Diligence Checklist for Passive Investor 

About Sam Bates

Sam Bates is the founder and CEO of Bates Capital Group. He is also a partner and advisory board member of Systematic Capital. Sam started his real estate journey in 2009 and has been directly involved in the acquisition or development, repositioning, disposition, asset management, and strategic planning of over $200MM in AUM. His portfolio currently has 1,035 multifamily units in Texas and the Southeast. They have over 1,000 units in their development pipeline.  

Sam spent over a decade in Corporate America working in various consulting, finance, and accounting positions. He quickly realized a W-2 job was not going to satisfy his desire to help people improve their lives. Once Sam started investing in real estate, he quickly realized how powerful real estate is and decided this was how he wanted to help others meet their goals and create generation wealth to leave their legacy.  

Sam has a Bachelor of Science degree from Texas A&M University in Finance, an MS in Personal Financial Planning, and an MBA from Texas Tech University. Sam is an avid sports fan, and skier, and loves to read.