Ben Malech is a real estate investor and content creator. He is passionate about using the power of real estate to add value to people’s lives and to the world. Ben hosts the Real Estate Milestones Podcast where he interviews industry experts to discover what opportunities exist in the world of commercial real estate. He began the podcast show on Adam Carswell’s Dream Chasers Platform after being introduced to him by Hunter Thompson.
Ben’s achievements in the RE space are all the more notable because he is still in college. He is a Senior at Tulane University pursuing Majors in Finance, Management, and Philosophy. Last year, he partnered with two fellow Tulane students who share his passion for real estate to create The Real Estate & Private Capital Network (REPCN), which is becoming the premier real estate networking group for the entire New Orleans Metro Area. We founded REPCN because we realized there was a lack of high-quality networking organizations in the area, and have since created a fun and casual forum for the most productive and motivated real estate investors, professionals, and students to collaborate.
“The biggest obligation is understanding the other side at both parts of the industry, as it’s the number one goal not to lose money for both teams.”
In this episode of Apartment Investors Podcast, Jonathan breaks down how Ben got his early start in multifamily RE, how Ben got some valuable lessons very early on and what the young investor has learned from working on both the acquisition side and the lending side of real estate. Ben also shares some tips for young entrepreneurs looking to get their foot in the door in the industry, including some misconceptions about networking that people have.
In this episode, you will learn the following:
- How Can You Add Value to Your Investments?
- What Can You Learn From a Failed Real Estate Deal?
- What Is the Difference Between Working for an Acquisitions Team and a Lender?
Some key points:
(01:06) How was Ben able to achieve all the things that are listed in his bio BEFORE leaving college?
(03:10) The COVID lockdowns led Ben to one his first RE deals. We break it down
(05:23) Ben’s first deal actually went south, but he learned many valuable lessons early on. The value of due diligence and messing up early in your career.
(10:18) Ben’s strategies for implementing value-add on commercial RE
(11:57) Cold calling and going directly to sellers for deals
(14:53) Comparing how people on the buy side and the seller side think
(19:25) Ben’s approach to working solo vs delegating or hiring help
(20:37) During all of this Ben has also started a real estate themed podcast
(21:46) Ben’s networking group at college
(23:52) Advice for college age people getting into the RE game. Networking is about meeting people of mutual interests and is not dishonest at all if you do it right.
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