02/05/2025 - Scaling Real Estate: Colby Kirk’s Strategy for Growth, Deals, and Investor Collaboration

On this Elevate Support Call, Colby Kirk shared his real estate journey, from cold calling landlords in 2018 to acquiring and managing multifamily properties, emphasizing how he navigates financing, property management, and market shifts. He discussed recent deals, including a 60-unit apartment complex and a commercial property, highlighting the role of virtual assistants in negotiations and the benefits of cost segregation for tax advantages. Colby aims to scale his wholesale deals and create a real estate hub for investor collaboration. He also advised Camilo Tatis on securing private lenders and addressed Jim Gillespie’s concerns about commercial loans while recommending resources on multifamily investing. Specific topics are discussed as well, such as:

· How did Colby Kirk transition from Zillow leads to cold calling landlords, and what impact did it have on his investment strategy?
· How does Colby utilize virtual assistants in seller negotiations, and what specific tasks do they handle?
· How has Colby adapted his real estate approach over the years, particularly in response to market changes?
· How does cost segregation benefit multifamily investors, and what tax advantages did Colby highlight?
· How is Colby planning to scale his wholesale deals, and what strategies is he implementing to achieve his goal?
· What were the key challenges Colby faced with the delayed closing, and how did communication issues impact the deal?
· What financing strategies does Colby use to acquire and manage large multifamily properties?
· What advice did Colby give to Camilo Tatis about securing private lenders?
· What role does Colby’s real estate hub play in fostering investor collaboration, and how does it streamline transactions?
· What concerns did Jim Gillespie raise about commercial loans, and how did Colby address them?