37. Multi-Million Dollar Portfolio - In Your 20's! with Brock Mogensen

Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Brock Mogensen as they talk about how to start meetups of your own and manage your assets through networking and leveraging. Brock is the founder of Smart Asset Capital, a private equity real estate investment firm that focuses on acquiring multifamily assets. They target well-performing properties that can still benefit from innovative value-adding strategies to optimize returns and net operating income. Brock also believes that one should always raise some extra capital for any unforeseen event and do proper homework before making any investment decisions. Hence, Smart Asset Capital strives to be exceptionally informative and candid with investors and tenants, believing that consistent communication is essential to productive and profitable partnerships. In this episode, you’ll learn: ● What got Brock into real estate, and why he started meetups solely for multifamily. ● How to start meetups of your own by finding a specific market and getting the word out. ● The importance of networking and how to leverage your team’s skills to get more done. ● Ways to optimize your net operating income from managing different commercial assets. ● The value of property management to decrease response time and, in turn, generate more leads. ● And much more! About Brock Mogensen: Brock Mogensen has been investing in real estate for about two years. Brock lives and invests in the Milwaukee, WI market. He holds a master's in Information Systems, specializing in underwriting and incorporating data models for asset management. Brock first invested in a duplex, but he moved on to larger-scaled deals after his success with this investment. After a while, Brock founded Smart Asset Capital, a vertically integrated real estate private equity investment firm with a laser focus on acquiring multifamily assets. They aim for properties that already cash flow and perform well but can still benefit from creative and innovative strategies that have otherwise been overlooked in the market. Their objective is to assist their investors in preserving their capital and building long-term wealth. Currently, the firm has over $7 Million in assets under management. This portfolio comprises an 89 unit apartment complex, 20,000 sq ft of retail space, and 18,000 sq ft of office space. They operate primarily in the Midwestern United States, focusing on B and C class income-producing assets in emerging areas. You can find Brock Mogensen on: Website Instagram Connect with Blake Dailey and the Multifamily Journey on: LinkedIn Facebook Account Facebook Page Instagram Website Youtube