17 Years in Single-Family Before Scaling to Multifamily with Simon Castillo, Ep. 412

Simon Castillo is a real estate investor & business development executive from San Antonio, TX. Simon began investing in real estate in 2004 and is currently invested in more than $22 million of single family and multifamily assets. Simon’s experience includes providing safe, stable returns for investors, real estate development, value add investing and investing for long term cash flow. Simon is the Principal and Founder of SAS Texas Capital, a real estate firm focused on raising capital for the acquisition of value add, class B & C multifamily properties. SAS Texas Capital currently has interest in over 220 units in San Antonio, Texas.  We talked to Simon about his transition from being a single family investor to investing in multifamily, how networking and posting on social media helped his growth, and the importance of mindset.   Announcement: Download Our Sample Deal and Join Our Mailing List   [00:01 – 04:12] Opening Segment  Simon talks about his background. How he invested in the single family space for 17 years and why he switched to multifamily; How investing in multifamily opened up opportunities; [04:12 – 14:09] Single Family to Multifamily What made him transition from passively investing to actively investing. How having a conversation with someone changed his whole approach to investing; The things Simon was trying to achieve by investing as an LP that he was missing with his single family portfolio. He talks about his first LP experience; [14:09 – 34:53] Multifamily - A Team Sport He talks about his transition to being a general partner. How joining a mastermind broadened his perspective; The hardest part of transitioning into being a general partner; Residential vs Commercial What Simon did to improve his capital raising skills. The importance of networking and posting on social media   [23:40 – 29:29] Round of Insights Apparent Failure: His first capital raise   Digital Resource: Buffer App   Most Recommended Book: Essentialism   Daily Habit: Gettin up early   #1 Insight for Multifamily Investing Celebrate your small wins   Best Place to Grab a Bite in San Antonio:  Paloma Blanca   Contact Simon: To learn more go to his website.    Tweetable Quotes: “Sometimes it takes failing at something in order for you to really focus on it.”  - Simon Castillo   Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.