How to Build a 1000+ Unit Real Estate Portfolio While Working Full Time Ep19 скачать в хорошем качестве

How to Build a 1000+ Unit Real Estate Portfolio While Working Full Time Ep19

In this episode of the Path to Passive Podcast, host Steven Arita interviews Chris Lento, founder of EM Capital, on how he went from a mechanical engineering W2 to building and scaling a multifamily portfolio of roughly 1,000 units through disciplined underwriting, operational systems, and investor-first communication. Chris breaks down his early “house hacking” start in Boston, the long ramp from small residential assets to a 24-unit out-of-state proof point, and why he ultimately left his job once commercial acquisitions demanded business-hour intensity. The conversation dives into EM Capital’s focus on B-class-and-above value-add deals in the $15M–$60M range, the key underwriting “levers” (rent growth, renovation premium, and especially exit cap rate), and how the team stress-tests assumptions with sensitivity analyses. Chris also explains why EM Capital prefers fewer, more sophisticated LP relationships emphasizing transparency around projections, alignment through preferred returns, and consistent post-close reporting while highlighting the economies of scale that come with larger assets and on-site operations. Connect with Us: •Website: https://emcapitalgroup.com/ •Connect with Chris Lento:   / christopherlento   •Connect with Steven Arita:   / aritasteven   •Join our investor community by signing up: https://forms.wix.com/f/7077378118784...