#109 Brian Wagers: Market Appreciation in Multifamily Investing

"Market appreciation is the icing on the cake in real estate and by increasing the net operating income, you force that appreciation." -Brian Wagers

 

Today I am interviewing Brian Wagers. He is the President and CEO of Wagers Capital, a private investment firm, which focuses on acquisitions, improvements, and operations in the multifamily real estate market. Wagers Capital was founded in 2017 and is located in Northwestern Arkansas. Wagers Capital currently holds over 450 units valued at 19 million dollars. He is a top Broker in Northwestern Arkansas, ranks top 10 in the region and has a youtube channel called Passive Income with Apartment Investing. 

Brian Wagers: Moved from Kentucky to Arkansas 6 years ago and began his journey into real estate. Always having an entrepreneurial spirit, Brian's first venture was the stock market, which he soon realized wasn't for him.  He dove into real estate and purchased his first single family home, also first learning that the velocity of growth was too slow for his liking. Because of that he began investing in the multifamily market. He has a BA in Economics from the University of Kentucky. 

 

TOPICS COVERED IN THE EPISODE:

Why did Brian become interested in real estate  What is the Arkansas market like  Why Brian stopped investing in stocks  The lack of velocity in the single family market  What is the entrepreneur spirit  What is the middle phase  Holding yourself accountable  The importance of seeing all aspects of a real estate transaction  Using value add's to transfer B and C properties  Market appreciation  How to force appreciate in multifamily  T12's Using the multiple effect  Why you should always vet the property manager  Why you need property managers for a specific asset  Why you need to have a reserve account  Why Brian is shifting some of his focus to Texas  Why real estate is powerful and gives you the freedom to choose

 

Listen now on Spotify or Apple iTunes or watch on Youtube to find out how Brian found his Real Estate Breakthrough!

The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every week and learn everything you need to know to invest in real estate education and create real wealth for a lifetime.

 

Find out more about Brian here: 

Website Wagerscapital.com

Email [email protected]