65 min listen
RE #46: Moses Kagan - Co-Founder & Head of Adaptive Realty
RE #46: Moses Kagan - Co-Founder & Head of Adaptive Realty
ratings:
Length:
61 minutes
Released:
Feb 3, 2020
Format:
Podcast episode
Description
Moses Kagan is the Co-Founder and Head of Adaptive Realty, a Los Angeles-based development and property management group. Since 2018, Moses has overseen the repositioning of 80 properties in Los Angeles and grown Adaptive from $0 to $110M of property under management. He and Chris discuss finding LP's that align with your vision, Adaptive's business model with cash-only financing, building a successful property management company, and more. Enjoy! For more information on Chris Powers and Fort Capital, visit www.fortcapitallp.com. Follow Chris on Twitter! @fortworthchris 02:35 — Background on Moses and Adaptive Realty 07:25 — How do you find LP’s that really enjoy your idea of holding onto assets vs. worrying about IRR? 11:18 — Do you think your model is scalable? Do you want to scale? 15:27 — Are you able to sell? What is the agreement like with your LP’s? 17:44 — Why do you capitalize everything with all equity up-front? 23:15 — Using Fanny / Freddy to Re-Finance a Loan 26:24 — What does your perfect deal look like? How do you find those deals? 36:16 — What makes a successful Property Management business? 41:51 — Are you keeping a reserve line item for cap-ex to build up over time? 45:39 — Where are mistakes made in the multifamily value-add space? 49:25 — What is your favorite book? 51:55 — What advice would you give your 21-year-old self? 55:27 — What is your 10-year prediction for the future? The FORT with Chris Powers is produced by Straight Up Podcasts.
Released:
Feb 3, 2020
Format:
Podcast episode
Titles in the series (100)
#2: Jason Baxter - Pursuing Passions with Discipline & Focus: Chris sits down with business partner and friend Jason Baxter. They discuss the city Fort Worth and it’s future, personal insights on success and growth as well as advice for people looking to pursue their passions. Jason discusses how his focus and... by The Fort - An Entrepreneurship Podcast