How do you go from $200K in debt after the 2008 housing crash to one of the biggest multifamily investors in Indianapolis? Ivan Barrett of BAM Companies breaks down how he built a 10,000+ unit apartment portfolio from scratch.

He also shares his worst apartment deal, why single family rentals are a great place to start but not the endgame, and why he's buying apartments right now in the toughest multifamily market since 2008.

To close, Ivan talks faith, fatherhood, and leading a family while scaling a commercial real estate business.

RESOURCES
Ivan's advice is to start at whatever size gets you moving. If your first step is one rental or a small multifamily, start here:

Free Investor's Guide (house hacks, BRRRR, rentals, 1031s)
https://www.rootsrealty.co/resources/investors/indianapolis-real-estate-investor-guide?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=investor_guide

Are you ready to invest? (2-minute quiz)
https://www.rootsrealty.co/investor-readiness-quiz?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=investor_quiz

Book a 30-minute call with Roots
https://calendly.com/maxrealestate/30-min-info-call-roots-co-clone?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=book_call

Get the Roots newsletter
https://www.rootsrealty.co/newsletter?utm_source=podcast&utm_medium=episode_description&utm_campaign=ep70&utm_content=newsletter

SPONSORS
Haus Construction: admin@hausholdings.net
Phil Nelson at Best Flooring: https://bestflooring.com

⏱️ Chapters:
0:00 — $200K in Debt to 10,000 Units
0:30 — Paper Routes and Early Hustle
1:23 — Selling Jordans at Glendale Mall
2:45 — 600 Carmel Lots and the 2008 Crash
6:05 — Why the Crash Was a Gift
7:51 — Starting Over in a Spare Bedroom
11:14 — How His PM Clients Became His Investors
12:18 — Our Sponsor: Haus Construction
21:34 — His Worst Deal: Beech Grove
28:50 — The Multifamily Winter: Buying Below Replacement Cost
35:26 — Our Sponsor: Best Flooring
35:53 — Growing His Faith
40:21 — Raising Teenagers While Scaling a Company
44:28 — Advice for Dads of Toddlers and Teens
47:09 — Rapid Fire: Restaurants, Books and Habits

Disclaimer:
This video is for educational and informational purposes only. Nothing in this video should be construed as legal, tax, or financial advice. Always consult with licensed professionals before making any real estate investment decisions.