Partnerships to Grow in Real Estate with Ike Mutabanna
Purchase to Profits - Real Estate Investing Podcast
Ike Mutabanna controls a portfolio, with his partners, of over 3000 multifamily units. His other company pools funds to allow investors to passively invest in businesses and other income producing assets. Connect with Ike Mutabanna: http://www.wealthchakra.com Connect with Seth Ferguson: http://www.SethFerguson.org
RG 111 - From India to U.S. Multifamily Syndication: The Global Perspective w/ Ike Mutabanna
Investing In The U.S.
The number one type of person I love interviewing on my show is other successful expats who are making a massive go of it here in the US! This week I am speaking with fellow expat Ike Mutabanna. Ike went from India, to the US, to Malaysia then back to the US to start his career in US multifamily investing. Truly inspirational! If you are listening to this show and thinking "how can he achieve so much?", if Ike can do it so can you!!!So what are you waiting for?Get educated, take action and go make a dent in the universe.If you want to see what my guests look like head over to my YOUTUBE channel: www.youtube.com/channel/UCuFEo0AY…iew_as=subscriberHead to my NEW website www.reedgoossens.com/podcast-investing-in-the-u-s/ to find links from today's show.Hit me up at firstname.lastname@example.org if you want my FREE EBOOK!Take action, back yourself and go out and make an impact in the world!Follow me on:Facebook: www.facebook.com/reed.goossensInstagram: www.instagram.com/reedgoossens/twitter: twitter.com/reedgoossens
Ep. 112: The Fundamentals of Syndication with Ike Mutabanna
Download This Awesome Podcast: http://bit.ly/2PRDY1U Welcome to the REI Foundation Podcast. In Today's episode we had the awesome opportunity of interviewing President of IHM Business Group, Iqbal Mutabanna. After being the CTO of many startups in Boston for over a decade, he now lives in Dallas with his wife and two kids. Now Ike is running multiple small businesses one of which is meant to educate about the value of multifamily investing in apartment communities. GETTING STARTED: "I started investing passively in multi-family in early 2016 with Joe Fairless. When i started investing I didn't really invest with a lot of knowledge of what I was doing, which is unusual for me, like many engineers, very deep in the details and looking at things in five different angles. Joe and I met through a common close friend and I trusted her enough that she would not recommend something to me that would be harmful. A lot of my real estate experience prior to that was really small single family stuff where the experience was mixed. I wasn't confident that real estate was the right place for me. But I thought, let's give this a try. I invested in one of Joe's deals early 2016 and it did really well. I told me wife, we need to do another one." FINDING THE RIGHT PARTNER: "My answer is based on my business experience. Being in the startup world I learned is to invest in the people, not the business. The first thing I would look for is the credibility and the principals followed by the promoter of the deal. If I know them personally, I ask myself how well I know them? How much can I trust them? If I don't know them as well, what can I learn about them? How do they conduct their business? More so, how have they managed past deals and managed their relationship with their investors." THE FUNDAMENTALS OF SYNDICATION: "Very simply put, syndication is similar to a mutual fund. There is one big difference though, a mutual fund puts stocks in a variety of different companies based on one thing like steel or a diversified set of stocks that all grow at 10%. There is a similar thing called REITs which are the same as Mutual Funds. Investors invest in other peoples deal that then give them a return. The main difference in syndication is that the funds are raised for a specific property. When you are a passive investor in a syndicated deal you are actually becoming an equity owner in a specific property. When you invest in a fund you are becoming a shareholder in a fund that may hold 10 other properties." HOW TO CONTACT IKE: www.thesidebusiness.show Thank you for listening! We hope you got as much value from this interview as we did. See acast.com/privacy for privacy and opt-out information.
18: Equity partner in over 1,000 apartment units. Raising investment capital and hosting The Side Business Show. -Ike Mutabanna
The Entrepreneurial Mindset
Ike Mutabanna raises capital for multifamily investments focused on the Dallas real estate market, and he is the president of IHM Business Group. Ike recently completed two apartment deals where he raised $1.5MM. Collectively, Ike is now a partner in over 1,000 apartment units. Ike previously served for over a decade as a CTO for several tech company startups in Boston, and he is the host of the Podcast, “The Side Business Show,” where he conducts interviews focused on side business ventures. Ike was also raised in India, and he and his wife both have a passion for helping marginalized communities in his home country.
Season Two: Episode 01 Ike Mutabanna - Side Hustle Your Way to Success!
The Corporate Investor Podcast
Today we speak with host of "The Side Business Show", Ike Mutabanna. Ike is based out of Dallas Texas but previously lived and began investing in Boston. Ike is a former CTO with over 20 years in the corporate world. He began investing in single family homes before becoming a passive multifamily investor and is now raising money as a syndicator. Ike has a great story of jumping into real estate, learning quickly from his mistakes, and then focusing in on what is working. There’s a lot of value in this one so hit play now!