JF3348: David Lilley - How This Operator Gets a 40%+ Average IRR for His Investors
In this episode, we dive deep into the world of multifamily real estate with David Lilley, the CEO of Reap Capital. David shares his journey from single-family rentals to becoming a successful multifamily investor, emphasizing the importance of creativity and tenacity. He provides valuable insights into his unique approach of vertically integrating property management and construction into his investments. Discover how David has consistently achieved impressive returns for his investors and what it takes to thrive in the multifamily market. Key Takeaways: Creativity and Tenacity: David emphasizes the importance of thinking outside the box and approaching real estate investments with creativity and tenacity. These qualities have allowed him to succeed and stand out in a competitive market. Vertical Integration: By bringing property management and construction in-house, David has gained more control over his investments and improved communication within his team. This approach has proven to be a key factor in his success. Philanthropy and Giving Back: David discusses his commitment to philanthropy, particularly his support for St. Jude Children's Research Hospital. He shares his plans for future nonprofit involvement, highlighting the importance of giving back to the community. David Lilley | Real Estate Background CEO, Reap Capital Portfolio: Multiple properties in Texas Based in: Dallas, Tx Say hi to him at: ReapCap.com Best Ever Book: The Hands Off Investor by Brian Burke Greatest Lesson: Your network is your net worth. Click here to learn more about our sponsors: BV Captial CRE Daily BAM Capital Learn more about your ad choices. Visit megaphone.fm/adchoices