Westside Investors Network
Westside Investors Network
AJ and Chris Shepard
90. Why Residential Real Estate Is The Best Asset Class with Danny Kattan
45 minutes Posted Apr 5, 2023 at 6:00 pm.
0:00
45:50
Download MP3
Show notes

ABOUT DANNY KATTAN

Danny Kattan is a co-founder of PIA Residential and has more than 20 years of real estate experience. He brings strategic planning and financing experience to PIA’s management, having worked on the acquisition of over 400 properties representing more than 2000 units and a value of more than $350 million. 

 

In addition to PIA Residential, Danny is also the Founder of Sell2Rent, a platform that aims to revolutionize residential real estate by making a sale-leaseback a mainstream alternative to selling a home. Before founding PIA, Mr. Kattan worked at Countrywide Financial as Mortgage Advisor, gaining vast experience in the residential mortgage market. 

 

Before starting his real estate career, Mr. Kattan participated in launching an internet media services company, an advanced telecommunications company, and a biotechnology company. Danny graduated cum laude from Northeastern University with a B.S. in Industrial Engineering and received an MBA from the Wharton School of Management at the University of Pennsylvania, where he co-founded the Wharton International Network of Entrepreneurs.  

 

 

 

 

 

THIS TOPIC IN A NUTSHELL:

 

How Danny started in real estate

Buying his first house and how it accumulated 

Vertical Integration and partnership 

Starting with SFH and small multifamily properties

The 400-unit deal in Florida

Staying local when buying real estate

The process of scaling up 

Building the real estate team 

Automation of processes and tools 

Due diligence

Experience with Institutional Investors

Search for Capital partners and raising money 

Investing during rough times

Why Residential Real Estate is the Best Asset Class

How to scale with less headache

Building a robust platform to acquire MFH

Launching a fund to lessen the risk for investors 

Identifying primary and secondary markets

His take on migration 

Controlling the Internal Rate of Return and Cash on Cash returns

Advice to his 25-year-old self

First Entrepreneurial Endeavor

Formal and Informal training that shaped his journey

His biggest mistake and what he learned from it

Connect with Danny

 

 

 

 

 

 

 

KEY QUOTE:

 

“A residential asset class is perhaps the most resilient asset class that I know of. People need a place to live. If somebody is hungry in the street you can give them food, but if somebody is homeless, you don't bring them to your home. Shelter is a primary need of a person.”

 

 

 

 

 

SUMMARY OF BUSINESS:

PIA Group USA is a private equity real estate investment firm specializing in the acquisition, renovation, and management of Institutional Multifamily properties across the Southeast. Originally formed in 2009 to capitalize on the opportunity of acquiring large numbers of Single-Family Homes, PIA currently owns and manages a portfolio of properties valued at close to $200 MM. By leveraging its property management, construction, and acquisition know-how, PIA is now focusing on the acquisition of well-located, stabilized, and value-add, market-rate multifamily opportunities in growth markets across the Southeast and Texas.
 
 

 

 

 

 

 

ABOUT THE WESTSIDE INVESTORS NETWORK  

 

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.  

   

The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.  

 

 

 

 

#realestateinvesting #passiveincome #REinvesting #cashflow #MultiFamily #PropertyManagement #RealEstateSyndication #Multifamily #ResidentialRealEstate #BestAssetClass #StayLocal #SingleFamilyHomes #DueDiligence #Construction #CapitalPartners #WealthPreservation #Underwriting #Fund #VerticalIntegration #GeneralPartner #LimitedPartner #MultiFamilyHomes #PassiveInvestors #WealthCreation #ApartmentInvesting #newepisode #podcasting #RoadToFinancialFreedom #JointheWINpod #WestsideInvestorsNetwork

 

 

 



CONNECT WITH DANNY KATTAN:

 

Website:  www.piaresidential.comwww.sell2rent.com

Facebook: @PIA Residential 

Instagram: @sell2rentusa @PIA Residential 

LinkedIn: @Danny Kattan

 

 

 

 

 

 

 

 

CONNECT WITH US  

 

For more information about investing with AJ and Chris:  

·    Uptown Syndication | https://www.uptownsyndication.com/  

·    LinkedIn | https://www.linkedin.com/company/71673294/admin/  

   

   

 

For information on Portland Property Management:  

·    Uptown Properties | http://www.uptownpm.com  

·    Youtube | @UptownProperties  

   

 

Westside Investors Network  

·    Website | https://www.westsideinvestorsnetwork.com/  

·    Twitter | https://twitter.com/WIN_pdx  

·    Instagram | @westsideinvestorsnetwork  

·    LinkedIn | https://www.linkedin.com/groups/13949165/  

·    Facebook | @WestsideInvestorsNetwork  

·    Youtube | @WestsideInvestorsNetwork