Efficient systems make everything easier. In today’s episode, we’re going to dive into them! Sam Bates is the Founder and CEO of Bates Capital Group and Co-Founder and Managing Partner of Trinity Capital Group. Sam started his real estate journey in 2009 and he has been directly involved in the acquisition, reposition, disposition, and asset management of $100 million dollars in assets. His portfolio currently has 749 units in Texas, Mississippi, and Georgia. He has a Bachelor of Science degree in Finance from Texas A&M University, Master’s degree in Personal Financial Planning, and an MBA from Texas Tech University. He is an avid sports fan, skier, and loves to read.
[00:01] – [04:12] Opening Segment
- Let’s get to know today’s guest, Sam Bates
- Sam shares his starting motivators: math and financial mindset
- Sam’s first multifamily acquisition
[04:13] – [16:37] W-2 to $100mm in Assets Under Management
- Investing single family homes
- How to Set Up Efficient Systems
- Training a Virtual Assistant for Underwriting
- Buying Multifamily Strategies
- Multifamily and Commercial Real Estates are Sports
- How to Finance Deals in the Equity Side
[16:38] – [18:34] Final Four Segment
- Sam’s advice to aspiring investors
- “Take action.”
- How Sam stays on top of his game
- Reading; listening to podcasts
- Sam’s way to make the world a better place
- Giving time and monetary donations to organizations
- Reach out to our guest – see links below
- Final words
Tweetable Quotes
“There’s enough people out there you can get to work if you have the correct processes and procedures.” – Sam Bates
“You don’t really know what people can do unless they actually start doing the work.” – Sam Bates
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Connect with Sam Bates through: sam@batescapitalgroup.com, LinkedIn, and 972-855-7654. Check out http://batescapitalgroup.com/ and find your real estate motivators!
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
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Email me → sam@brickeninvestmentgroup.com
