148 | 10X Every Avenue Of Your Business with Sterling Anderson

Published: April 26, 2021, 10 a.m.

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Sterling's Background:

  • Founder of Red Oak Development which focuses on single family development and multifamily/hotel acquisitions
  • Sterling originally started his RE career in wholesaling and how has 350+ doors under ownership

\\xa0In this episode we cover:

  • 00:02:57 Deciding to consolidate business entities
  • \\xa000:05:21 Leaning on your partners' expertise
  • \\xa000:08:28 Different business goals for each arm of Sterling's company
  • \\xa000:12:42 Key partnerships that's led Sterling to expand
  • \\xa000:14:44 Sterling's value prop
  • \\xa000:15:56 Assignment of roles to manage a project
  • \\xa000:17:59 Calculating your goals
  • \\xa000:22:16 Sterling's home run hotel connection
  • \\xa000:28:14 Investor expectations across multiple asset classes
  • \\xa000:32:13 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why?
  • \\xa000:32:48 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it?
  • \\xa000:33:22 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear?
  • \\xa000:34:52 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality?
  • \\xa000:36:01 5KQ5 - What have you been focusing on lately to improve yourself or your business?

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*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.

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