POWC #591 Using SFHs to buy Apartment Buildings with Sterling Chapman

Published: June 7, 2023, 7 a.m.

Learn how Sterling Chapman generates cash from single family homes in order to buy larger apartment buildings. Welcome to Pillars of Wealth Creation, where we talk about building financial freedom with a special focus in business and Real Estate. Follow along as Todd Dexheimer interviews top entrepreneurs, investors, advisers and coaches. \n\nSterling is a proud family man with a bachelor\u2019s degree in Finance and an MBA from Louisiana State University. He spent his early career in the financial services industry focusing on retirement and insurance planning before eventually transitioning to the Telcom industry. Through his successful corporate career in Telcom, Sterling has mastered the art and science of sales, funnel management, marketing, account management, strategic business planning and financial forecasting. He began his real estate investing journey in early 2018 purchasing single-family houses and quickly moved up to duplexes and fourplexes, flipping houses and eventually large multifamily. Sterling has over $26.5M in Assets under management and his portfolio now consists of 82 single family or small multifamily rental units, a 53-unit apartment complex in Newnan, GA and a 70-unit complex in Rock Hill, SC. Self-managing and overseeing the renovations personally for the first few years has taught Sterling a ton about the industry. In addition to founding Crestworth Capital, he is also the Host of The Rent Roll Radio Show, Co-host of the Red Stick REIA and has been featured as an industry expert on dozens of other real estate podcasts.\n\n3 Pillars\n1.\tPeople\n2.\tBuy for cash flow over appreciation\n3.\tBuilding systems/processes that remove me from the business\n\nBooks: Rich Dad Poor Dad by Robert Kiyosaki, The Almanack of Naval Ravikant by Eric Jorgenson\n\nYou can connect with Sterling on Facebook, Instagram, Twitter, YouTube, TikTok, www.crestworthcapital.com or sterling@crestworthcapital.com\n\nInterested in coaching? Schedule a call with Todd at www.coachwithdex.com\n\nConnect with Pillars Of Wealth Creation on Facebook: www.facebook.com/PillarsofWealthCreation/\n\nSubscribe to our email list at www.pillarsofwealthcreation.com\n\nSubscribe to our YouTube channel: www.youtube.com/c/PillarsOfWealthCreation