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“It’s these little things that we do every day that get us closer. I remember climbing a mountain in high school, and the guide told us, ‘Don’t look at the summit. Focus on putting one foot in front of the other, and the summit will take care of itself.’ That’s exactly how I treat business. As long as I know I’m on the right mountain—which I firmly believe is multifamily—I come in here every day and focus on putting one foot in front of the other.”

Ivan Barratt is the founder and CEO of Barratt Asset Management, a real estate investment and management company out of Indianapolis that specializes in the acquisition, redevelopment and management of multifamily apartment communities. Since forming the firm in 2010, Ivan has raised tens of millions in equity, acquired 2,700 units, and grown BAM to a best-in-class management company, boasting $100M in assets under management.

Ivan joins me to explain how he started small with a duplex and 6-unit property, financing deals with hard money loans. He discusses his gradual transition to larger deals, describing his approach to raising capital by building trust with potential investors in the business and medical communities. Ivan shares his ‘mortal sins of multifamily’ as well as the game changers that have allowed him to scale up to 2,700 units. Listen in for Ivan’s advice around doing little things every day to prepare for your career as a multifamily investor!

Key Takeaways

How Ivan got his start with a duplex

What Ivan would do differently given the opportunity

How Ivan got started with hard money loans

Ivan’s early 6-unit deal

How Ivan transitioned from hard money to raising capital

Ivan’s approach to building relationships with investors

Ivan’s ‘mortal sins’ of multifamily

Ivan’s AHA moment after the crash

The game changers that have allowed Ivan to scale

Ivan’s advice for aspiring multifamily investors

Why Ivan continues to grow and scale his business

Ivan’s perfect day on Gulf Shores

Connect with Ivan

Barratt Asset Management

Call (317) 762-2625


Rich Dad Poor Dad: What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not! by Robert T. Kiyosaki


Ivan on BiggerPockets

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