Why You Should Consider The Fund Model with Ivan Barratt
Ivan Barratt is a multifamily owner, manager, and syndicator who specializes in large apartment communities in the Midwest. Since 2015, Ivan Barratt has raised nearly $250 million in equity, acquired over 5,900 units, and grown the BAM Companies to a best-in-class, four-time Inc. 5000, private equity, and management firm. Today, Ivan focuses his time on equity finance, acquisitions, and company strategy. Currently, his company manages nearly $700 million in syndicated assets. We talked to Ivan about his transition from single assets to the fund model, how the fund model works, its pros and cons and the Midwest Market.
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[00:01 – 04:03] Opening Segment
Ivan talks about his background.
He talks about how he grew his leadership teams and BAM Capital;
[04:03 – 19:44] The Fund Model
What makes the Midwest Market great;
Why he moved from single assets to the fund model;
Pros and cons of the fund model;
Things to be aware of before transitioning to the fund model;
He talks about investing in a fund;
What to expect in terms of communication with the investors in the fund model;
[19:44 – 31:05] More Capital
Fund manager vs Syndicator;
What to do before leaping into the fund model
What’s recapping of assets;
How you can double your capital in five to six years;
[31:05 – 36:43] Round of Insights
The great financial crisis
Most Recommended Book:
#1 Insight for Investing
It’s so important for an investor to get as educated as they can.
Best Place to Grab a Bite in Indianapolis:
“Don’t bet on the horse - bet on the jockey.” - Ivan Barratt
“If you do it right, and you push on hard enough and you build it - It becomes its own sustaining momentum over time” - Ivan Barratt
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