$485 Million in Assets, >3,000 Units, and How Understanding Your Market Leads to Success with Venkat Avasarala

Published: March 15, 2022, 6 a.m.

b"Venkat Avasarala is the co-founder and principal of Raven Multifamily. He is also the Managing Principal & Founder of Stryker Properties. Venkat has several years of experience in strategic acquisitions and overseeing Operations of large multifamily assets. Venkat has a Masters in Electrical Engineering from UAH, Alabama, and worked for 14 years in IT Domain at several Fortune 500 companies such as PepsiCo, Halliburton, Bank of America. Venkat\\u2019s last corporate job is as an SVP in Global Transformation on Operations LOB with Bank of America. Since 2006, Venkat lives in Plano, Texas with his family.\\n\\xa0\\n[00:01 - 09:30] Opening Segment\\nGet to know Venkat Avasarala\\nStarted from a real estate gig\\nVenkat recalls his properties from the past and present\\n\\xa0\\n[09:31 - 16:11] $485 Million in Assets, >3,000 Units\\xa0\\nNow, you can leave your corporate job!\\nIs your land play business plan crazy or well-founded?\\nHow to Get the Most from Land\\n\\xa0\\n[16:12 - 29:25] How Understanding Your Market Leads to Success\\nDelaying bringing investors in the deal may be good for your business\\xa0\\nLet\\u2019s talks about lands and capitalization\\nConcentrating and knowing only three markets\\xa0\\n\\xa0\\n[29:26 - 40:12] Closing Segment\\nQuick break for our sponsors\\nGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is the best investment you've ever made other than your education?\\nGood people and tools\\n\\nVenkat\\u2019s worst investment\\nOil placement\\n\\nWhat is the most important lesson that you've learned in business and investing?\\n\\u201cPay attention to the industry.\\u201d\\n\\nConnect with Venkat Avasarala through venkat@strykerprop.com, Facebook, Instagram, and LinkedIn.\\xa0 Give him a call at 281-727-9238. Visit Raven Multifamily and Stryker Properties.\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cThere is a scarcity of this housing because of this household creation explosion in America.\\u201d -\\xa0 Venkat Avasarala\\n\\u201cI bring my investors into the deal. But before I do that, I de-risk the deals because problems are easy to handle. When you haven't brought investors inside the deal yet.\\u201d -\\xa0 Venkat Avasarala"