Today’s episode was a lot of fun! Have a few laughs with us as we speak with the Syndication Sisters: Smita & Chetna Lal. In today’s episode we talk about:
- How they did their first deal WITHOUT a sponsor! (and whether you should too)
- How they were able to get their first deal fully funded within 24 hours
- Whether to save your money for your own deal, or use it to invest in someone else’s deal
Chetna and Smita Lal are sisters and cofounders of Pineapple Asset Management, a boutique company that acquires Multifamily properties in the Sun Belt and Midwest. They love to look for projects that enhance the community, have an energy savings component, and/or a win-win for the investors and the tenants.
Episode Timeline
01:08 Commencement of Pineapple Asset Management
03:32 Multifamily versus Other types of Commercial Real Estate
08:24 Motivation in Building Multifamily Business
11:40 Getting more Conservative in dealing with the Market Change
14:57 Finding a good Property Manager
Partnership is so valuable.
Smita & Chetna Lal
Pineapple Asset ManagementChetna and Smita Lal are sisters and cofounders of Pineapple Asset Management, a boutique company that acquires Multifamily properties in the Sun Belt and Midwest. They love to look for projects that enhance the community, have an energy savings component, and/or a win-win for the investors and the tenants.
