Episode 74: Where to Start in Building a Billion Dollar Real Estate Portfolio with Ivan Barratt

Synopsis

Episode 74. In this episode of the Lifetime at Work podcast, host Greg Martin interviews Ivan Barratt, founder and CEO of BAM Companies, which has acquired approximately $1.3 billion in real estate transactions.

Ivan shares his journey from property management to owning large multi-residential apartments, offering advice on making money in real estate, discussing his biggest investment successes and challenges, and emphasizing the importance of building a strong company culture.

They also explore the pros and cons of being a hands-on real estate investor versus investing through professionals, highlighting important lessons for aspiring entrepreneurs.

• 00:00 Introduction to the Podcast and Guest

• 00:56 Ivan Barrett's Business Overview

• 02:13 Journey into Real Estate

• 04:48 Early Challenges and Learning Experiences

• 09:32 Raising Capital and Scaling Up

• 18:16 Personal Insights and Company Vision

• 19:35 Childhood and Entrepreneurial Roots

• 21:12 Family Business Background

• 21:27 Real Estate Investment Strategies

• 22:11 Owner Operator vs. Passive Investor

• 24:00 Challenges of Real Estate Management

• 26:47 Vacation Properties and Market Risks

• 28:44 Private Equity and Apartment Investments

• 30:53 Navigating Market Volatility

• 35:51 Career Advice for Aspiring Investors

• 39:58 Final Thoughts and Contact Information

Background and Key Links

• Ivan began his career working in the real estate field, focused on property management of apartment buildings

• Founded The BAM Companies in 2010 that specializes in the acquisition and management of multifamily apartment communities and is headquartered in Indianapolis, Indiana

• Find Ivan on Linked-In