JF3051: Putting Your Investors’ Needs First ft. Nick & Elaine Stageberg

Nick and Elaine Stageberg are the owners of Black Swan Real Estate, a real estate private equity firm that buys deep value-add residential real estate ranging from distressed single-family homes to large class-A apartment buildings and ground-up construction. In this episode, Nick and Elaine tell us how they raise capital without targeting a defined hold period or IRR, why they built their business model around putting their investors’ needs first, and how they find deals with the potential for forced appreciation. Nick and Elaine Stageberg | Real Estate Background Owners of Black Swan Real Estate, a real estate private equity firm that buys deep value-add residential real estate ranging from distressed single-family homes to large class-A apartment buildings and ground-up construction. They target an indefinite hold period and have never sold an asset. Portfolio: $300M in AUM Based in: Rochester, MN Say hi to them at: blackswanteam.com/connect Facebook Greatest Lesson: Do the hard thing. Do the thing that other people are unwilling to do, and it will eventually become an insane, insurmountable advantage. Join the newsletter for expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: MFIN CON |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices