Going from POTATO FARMING to Managing a $100 MILLION Real Estate Portfolio with Levi Allen [Video]

📌In this episode of the Apartment Investors Podcast, host Jonathan Twombly speaks with Levi Allen, a former potato farmer who transitioned into managing a real estate portfolio worth over a hundred million dollars in assets under management (AUM).

Levi shares his journey from investing in smaller deals on his own to syndicating larger multi-million dollar deals. He discusses the importance of developing relationships with brokers, underwriting prudently, and having confidence in your abilities. Levi also emphasizes that beginning investors should start investing in properties with their own money or with close family and friends before seeking to raise capital from other investors.

The podcast underscores that there are many paths to success in real estate investing and provides valuable insights into Levi Allen’s unique journey and strategies.

🖋️ Some key points:
00:00 Intro
00:30 Guest Introduction: Levi Allen’s Journey from Potato Farming to Real Estate
00:43 Levi’s Current Real Estate Portfolio
02:10 Why Invest in Utah? Understanding the Market
03:05 Levi’s Investment Strategy and Property Types
04:50 The Appeal of Newer Properties and Risk Assessment
08:15 Sourcing Deals and Building Broker Relationships
09:30 Raising Capital: From Family and Friends to a Wider Network
13:03 Levi’s First Steps into Real Estate and Syndication
22:00 Breaking into the Utah Market and Raising Capital
25:06 Property Management and Building Trust with Stakeholders
26:46 Advice for New Investors and Reflections on Levi’s Journey
32:50 Contact Information and Closing Remarks

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🏘️ Want to start in the Real Estate Business? Are you an Accredited Investor? Reach out to me and start this life-changing journey with Jonathan Twombly.

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