489 - Discover how Aaron Katz raised over $40M and acquired over $250M in Multifamily Apartments

How do you raise over $40 million in capital and participate in more than $250 million in multifamily acquisitions while building a reputation for consistency, integrity, and results?

In this episode, investor and syndicator Aaron Katz shares the real story behind his decade-plus journey in multifamily—from entering the business in 2011 and building his portfolio one relationship and one deal at a time, to navigating market cycles and positioning for the next wave of opportunity in DFW. Aaron discusses why he approaches multifamily as a “lifetime business,” how disciplined underwriting and the right partnerships helped him weather recent market headwinds, and why he believes today’s environment resembles the early days of the last real estate cycle. For investors and entrepreneurs seeking practical insight into raising capital, building investor communities, and executing deals that stand the test of time, this episode delivers lessons you can apply immediately.

5 Key Takeaways from the Episode

1. Multifamily is a Long-Term Business
   Aaron entered the industry with the mindset that apartments would be his business for decades, focusing on steady growth, wealth creation, and lifestyle flexibility rather than rapid deal volume.
   
   
2. Success is Built One Relationship at a Time
   His capital raising success—over $40M—was built through thousands of conversations, consistent communication, and a strong investor community developed over many years.
   
   
3. Operations Matter More Than Ever
   Aaron emphasizes that being an operator first—not just a capital raiser—is critical, especially in markets where margins are tighter and execution of the business plan determines success.
   
   
4. Discipline and Patience Protect Investors
   By underwriting conservatively and walking away from deals that didn’t meet his criteria—even when brokers were willing to award them—Aaron preserved investor capital and positioned himself for better opportunities.
   
   
5. Market Cycles Create Opportunity
   Aaron believes the current multifamily environment resembles the early stages of the post-recession cycle when he started in 2011, suggesting the coming years could present significant buying opportunities for disciplined investors.

About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares.

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
Facebook: Tim Mai | Capital Raising Nation
Instagram: @timmaicom
Twitter: @timmai
LinkedIn: Tim Mai
YouTube: Tim Mai