Multifamily Investor Situation Room

Rodney Thompson: Coming Up Short on a Capital Raise

September 21, 2020

Rodney Thompson has worked in IT for 36 years and management for the last 20 years.  He started out investing in single-family homes and soon realized the challenges with scaling the single-family business model.  He eventually changed his strategy and began investing in commercial real estate.  Early on, he was the lead sponsor on his first deal, when several days before closing, he realized they were short on the capital raise.  In this episode, find out Rodney’s key takeaway and what happened with his first deal.

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