#185: Chad Zdenek- 4 Traits to Execute During Every RE Cycle

Real Estate Breakthrough

English - April 22, 2024 16:00 - 44 minutes - 60.8 MB
Entrepreneurship Business Investing losangeles pasadena christinasuter fibipasadena realestatestories waystoinvestinrealestate womeninrealestate Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

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Next Episode: #186: Quentin Wendt- Scaling Single Room Occupancy Where Everyone Wins

"The LPs traditionally are going to have the lion's share of that equity stack and if you don't have a good handle on those LP's, you can run into some hot water and not be able to raise your money." - Chad Zednek

Today I am interviewing Chad Zdenek. He is the CEO of CSQ Properties, which functions as an acquisition and reposition management company of multi-family and self storage real estate. They hold 750 multi-family units and 3,000 self storage units in California and other parts of the US. He has presented at my ITI Meeting as well as been a previous guest on the show.

Chad Zdenek: Had a career in construction and civil engineering, obtaining a license for both . He worked at Boeing for 7 years as a structural dynamics engineer before going into business with his brother which they ran successfully for a few years before Chad was bought out. After, he went into real estate full time and established CSQ Properties as well as grew a $150 million general partner portfolio.

TOPICS COVERED IN THE EPISODE

Chads background at Boeing as a structural engineer

What is CSQ Properties

Choosing the right investment partners

The horse track analogy

Why no one talks about the LP's

Who does what in an equity stack

How are syndications setup

The technicals matter

Who is the silent Co GP

What is effective investor communication

How no communication becomes miscommunication

Why Co GP's distance themselves

Treat all investors the same

The challenges with capital calls on distress deals

Reestablishing know, like and trust

Listen now and find out how Chad 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 other week and learn everything you need to know to invest in real estate on Youtube, iTunes, Spotify, and more. You can watch Chad's interview on Youtube here.

Find out more about Chad here:

Website csqproperties.com

IG Chad Zdenek

LinkedIn Chad Zdenek CSQ Properties