WIP 2011: He Started With Cold Calls Now He Has 1,000 Rental Units

Gal Shmukler moved from Tel Aviv to Austin, Texas with his back against the wall, working as a personal trainer. Fast forward five years, and he has evolved from grinding out cold calls to owning a staggering 1,000 rental units! In this episode, Brent Daniels and Gal break down his incredible journey from landing his first $20,000 assignment fee to acquiring massive 90+ unit apartment complexes. 

Discover how Gal utilized the BRRR method to build his initial portfolio, the secret to raising over $20 million from an overseas fund, and why mastering single-family wholesaling is the ultimate foundation for dominating commercial real estate. If you want to know how to scale from your first deal to a multi-million dollar empire, this episode is a must-listen. Be a part of the TTP training program now.

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Show notes:

• (0:00) Beginning of today’s episode
• (0:46) Introducing Gal Shmukler, from personal trainer to owning 1,000 rental units in five years
• (2:31) Moving from Israel to Texas and doing his first deal in Jacksonville, Florida
• (5:13) Transitioning from 70 wholesale deals to building a portfolio using the BRRR strategy
• (6:55) Breaking down a 64-unit multifamily deal bought for $2.7M and sold for $4.75M
• (10:10) How Gal used his wholesaling cash flow to fund and hold his early rental properties
• (13:51) How the foundational skills of cold calling transferred to taking down massive multifamily deals
• (15:24) Leveraging his success to teach real estate in Israel and raising $20 million from a fund
• (22:06) Breaking down a probate relationship that netted an easy $200,000 profit
• (25:26) Acquiring a 96-unit foreclosure deal at auction for $1.6M with a $10M+ ARV
• (27:11) Improving the NOI on a 93-unit property to refinance it at an $8M valuation
• (32:12) The secret to scaling, by partnering with people who have completely different skill sets
• (33:15) Why starting with single-family wholesaling is the best foundation for commercial real estate

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Resources:

• The ONE Thing by Gary Keller
• BiggerPockets
• PropStream
• Batch Leads
• Grant Cardone
• Instagram: @galshmukler
• Instagram: @realbrentdaniels
• To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe

Want to know how top real estate wholesalers and investors are finding and closing deals in today’s market?

Join Brent Daniels, Todd Toback, Logan Fullmer, Gal Shmukler, Ryan Zolin, Brandon Jarvela and Brian North LIVE in Phoenix, October 8–9. Learn what’s working now with MLS deals, novations, title deals, multifamily, raising capital, sales and negotiation.

Seats are limited! Reserve yours before they’re gone:

 https://www.wincsuperstarretreat.com/