38. $23M in Assets and 100's of Units by Leveraging Virtual Assistants with Charlie Wessel

Join Blake Dailey, the Multifamily Journey Podcast host, with his guest Charlie Wessel as they talk about how to get the most out of your time and do what you do best by outsourcing work to virtual assistants. Charlie is the founder of Cordell Capital, providing accredited investors the distinct opportunity to invest in multifamily properties. The company locates high-value investments that perform well under the current market value to increase overall property appraisal value. They are uncompromising with their performance criteria in their potential purchases, and they do a rigorous analytical and strategic evaluation of every deal to find the right one. In this episode, you’ll learn: ● What made Charlie choose to invest in multifamily rather than growing his GC firm. ● Ways to identify the different class properties and their connection to your target market. ● The value of networking in raising capital and commercial real estate as a team sport. ● How outsourcing work to virtual assistants and other contractors can optimize your time to do what you do best. ● What goes into managing virtual assistants or even a team of contractors and the importance of leveraging. ● And much more! About Charlie Wessel: Along with Cordell Capital, Charlie Wessel has also founded and managed several prosperous Charleston SC areas. He has been involved in multifamily and commercial real estate in one aspect or another since 2006. Active investor since 2016, he set up Cordell Capital to bring private equity to investment opportunities.  Cordell Capital provides extensive due diligence on the sponsor and the deals themselves to ensure they take the most conservative approach to invest and build wealth alongside our investors. The company primarily invests in markets with low unemployment, a growing population, strong job growth, year-over-year rent growth, and low vacancy rates. They only take on deals that generate quarterly residual income and double-digit total annual return (inclusive of equity and value appreciation) over a 3-10 year hold period.  You can find Charlie Wessel on:  Website | LinkedIn Connect with Blake Dailey and the Multifamily Journey on: LinkedIn | Facebook Account | Facebook Page | Instagram | Youtube