Discover what it takes to raise over $3 billion in capital and revitalize more than $2 billion worth of historic skyscrapers and iconic city blocks.

In this episode, Tom “The Skyscraperguy” Liravongsa, managing partner of Landmark Collection, shares the remarkable journey that took him from starting a fund with negative $10,000 on a credit card to acquiring and restoring landmark skyscrapers across major U.S. cities. Tom reveals how mastering institutional underwriting, understanding the mechanics of syndication, and thinking beyond “the zeros” allowed him to transition from trading derivatives to orchestrating massive real estate projects. He also explains why skyscrapers—assets once reserved for institutional players—are becoming accessible to new investors, how large-scale developments create powerful economies of scale, and why cities and density provide a unique form of market insulation during economic disruptions. For investors and entrepreneurs who want to think bigger about capital raising, deal structuring, and transformative real estate opportunities, this conversation delivers insights you won’t hear anywhere else.

5 Key Takeaways from the Episode

1. Capital Raising Is the Core of Commercial Real Estate
   Tom explains that at its core, commercial real estate is about syndication—raising capital, finding deals investors believe in, and executing them together.
2. Institutional Knowledge Creates Massive Advantage
   By underwriting billions in real estate projects while working with European investors, Tom learned how institutional capital flows and used that knowledge to scale his own deals.
3. Large Deals Can Reduce Risk Through Scale
   While skyscraper projects involve large numbers, Tom argues that economies of scale, performance bonds, and professional teams can actually mitigate risk compared to smaller projects.
4. Skyscrapers Offer Unique Market Insulation
   Because they exist in dense urban centers where economic activity is concentrated, skyscraper assets can benefit from strong demand, higher rents, and greater government support during crises.
5. Retail Investors Can Participate in Institutional Deals
   Through modern fundraising methods, social media reach, and flexible deal structures, Tom is opening access to skyscraper investments that were historically limited to institutional capital.

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

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

“You don’t have to do it alone — but you better know your partners.”

Discover how Ryan Dumas pulls back the curtain on how he acquired and structured over $50M+ in commercial real estate deals while personally raising millions in capital.

Ryan shares the real story behind pivoting from traditional multifamily into mobile home parks, affordable housing, and niche business acquisitions — including an insurance platform that scaled from $3M to $10.5M EBITDA through operational improvements. He discusses the importance of JV equity structures, educating investors before pitching, protecting capital during market volatility, and why transparency during difficult deals builds long-term credibility. From navigating refinancing challenges and capital calls to identifying high-income professionals like dentists as ideal investor avatars, this conversation is a grounded, tactical masterclass on raising capital, structuring deals, and building partnerships that last.

5 Key Takeaways:

1. Capital Raising Is Relationship-Driven, Not Pitch-Driven
   Zoom calls, personal follow-ups, and educating investors build trust far more effectively than mass emails or pitch decks alone.
   
   
2. Operations Drive Returns More Than Hype
   Scaling an insurance business from $3M to $10.5M EBITDA highlighted how disciplined operations can dramatically increase enterprise value.
   
   
3. Pivoting Asset Classes Is Sometimes Necessary
   With multifamily facing headwinds, Ryan shifted focus toward affordable housing, mobile home parks, and niche businesses with stronger cash-flow profiles.
   
   
4. Transparency During Tough Times Builds Long-Term Credibility
   Open communication during capital calls and challenging deals strengthened investor relationships rather than weakening them.
   
   
5. Conservative Underwriting and Proper Leverage Matter
   Stress-testing refinance assumptions, understanding debt service coverage, and putting more equity down can protect deals during volatile rate environments.

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

“These are the times when real big fortunes are made.”

Discover how Azi Khan breaks down he's portfolio exceeding $150M and personally raised over $75M by focusing like a laser beam during distressed market cycles.

Azi shares lessons from buying his first duplex at 17, using friends-and-family capital to build trust deal by deal, and why capital preservation, low leverage, and long-term holds created compounding returns. He explains how today’s refinancing wall and oversupply are setting the stage for a generational buying window, why great deals attract capital faster than marketing ever will, and how disciplined underwriting, market demographics, and constant investor communication separate real operators from speculators. For investors and entrepreneurs looking to understand how to scale intelligently in the next 12–24 months, this conversation is a masterclass in patience, focus, and opportunity timing.

5 Key Takeaways

1. Distressed cycles create generational wealth windows
   Azi believes the next 12–24 months may produce once-in-a-decade opportunities for disciplined buyers.
   
   
2. Capital preservation beats chasing flashy returns
   Low leverage, cash flow focus, and quality locations protect investors through market swings.
   
   
3. Trust is built deal by deal, not pitch by pitch
   His early raises succeeded by proving execution to friends and family before scaling outward.
   
   
4. Great deals attract capital faster than marketing funnels
   Azi prioritizes sourcing exceptional opportunities and partnering with equity groups ready to deploy large checks.
   
   
5. Communication compounds investor loyalty
   Consistent updates, transparency, and personal outreach turn investors into lifelong partners.

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

“You can’t build wealth without building relationships.” In this episode, Rayna Mike shares her incredible journey from mortgage banking to owning and operating more than 1,000 multifamily units valued at over $20 million.

With 25+ years in real estate, Rayna explains how she transitioned from single-family homes to multifamily syndication, the lessons learned from her first capital raise, and why partnerships built on trust and integrity drive her success. She also reveals how she uses education, consistency, and genuine care to attract investors, and why 2026 will be a defining year for those ready to seize once-in-a-decade opportunities in multifamily and mobile home investing. This conversation delivers timeless wisdom for investors and entrepreneurs seeking both financial growth and long-term impact.

🔑 5 Key Takeaways from This Episode

1. Relationships over deals – Rayna emphasizes that people—not properties—are the real foundation of successful capital raising. Investors fund those they trust.
   
   
   
2. Light value-add wins longevity – Shifting from heavy rehabs to lighter value-add strategies brought higher efficiency and lower stress without sacrificing returns.
   
   
   
3. Partnerships open new markets – Collaborating with experienced operators allowed her to successfully expand into mobile home parks and RV assets across multiple states.
   
   
   
4. Education builds credibility – Speaking at conferences, partnering with IRA custodians, and sharing knowledge on LinkedIn positioned her as a trusted authority in multifamily investing.
   
   
   
5. Prepare for the reset – With $8T in commercial debt set to mature by 2026–2027, Rayna predicts a wave of opportunities for well-prepared investors ready to act decisively.

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

Discover what does it take to go from flipping houses to managing over $500M in real estate and raising $120M in capital—in just seven years.

In this episode, Eric Bodiwala reveals the mindset, systems, and relentless execution behind his rise in the multifamily syndication world. From navigating his first capital raise to building trust with investors, Eric shares how his team scaled from single-family investments to owning more than 4,000 multifamily units across seven states. He dives deep into overcoming investor objections, attracting high-net-worth partners through authenticity and consistent communication, and creating repeatable capital-raising systems that fuel long-term success. Whether you’re an investor, entrepreneur, or operator looking to master the art of raising capital at scale, this episode is packed with real-world lessons you can apply immediately.

5 Key Takeaways from This Episode

1. Start with trust before capital
   Eric emphasizes that strong investor relationships begin with transparency, equal respect for every investor, and consistent communication.
   
   
2. Education is non-negotiable
   He attributes much of his early success to mentorship and coaching through structured real estate programs that provided hands-on guidance and accountability.
   
   
3. Social media is your credibility engine
   By documenting real projects and sharing educational content, Eric attracted serious investors—including notable partners like TV real-estate personalities.
   
   
4. Follow-up determines your raise success
   Relentless personal outreach, investor calls, and drip campaigns turn interest into wired funds—proving that consistency beats perfection.
   
   
5. Relentless mindset drives scale
   Eric’s “no-excuses” work ethic—long hours, constant networking, and outworking competitors—remains the foundation of his company’s continued growth.

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

“This cycle will separate real operators from everyone else.”

In this episode, Mark Shuler delivers an unfiltered breakdown of the multifamily market reset—and why 2026 is shaping up to be a defining year for investor returns.

Drawing on more than three decades of operating experience and a portfolio exceeding $300M AUM, Mark walks through how the easy-credit era masked weak operations, why cap rates and valuations have structurally reset, and what happens next as loans mature, DSCRs collapse, and lenders finally force resolution. From bond markets and interest rates to supply gluts, operating cost pressures, and the coming wave of distressed sales, this conversation connects macro forces directly to Main Street deal performance. If you’re an investor or entrepreneur trying to understand where risk truly sits—and where opportunity may emerge as weaker operators wash out—this episode is essential listening.

5 Key Takeaways from This Episode

1. The “easy money” era hid bad operators
   Artificially low interest rates allowed weak underwriting and poor operations to survive, inflating values and compressing cap rates beyond sustainable levels.
   
   
2. This is a reset—not a 2008-style collapse
   Liquidity still exists, but higher interest rates and rising cap rates have permanently changed valuations, forcing deals to reprice to historical norms.
   
   
3. Loan maturities are the real pressure point
   Many deals from 2019–2021 cannot refinance due to lower values and insufficient NOI, making “extend and pretend” no longer viable as 2026 approaches.
   
   
4. Operations now matter more than financial engineering
   Rising expenses, labor challenges, insurance, taxes, and vacancy pressures mean only strong, vertically integrated operators will attract lender confidence.
   
   
5. Opportunity favors prepared capital and proven operators
   As distressed assets hit the market, well-capitalized groups with operational depth will acquire at significantly lower bases before large institutions step in.

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

What if you could legally raise capital from friends, family, and your community without running into the red tape that derails so many first-time raises?

In this episode of the Hero Capital Show, we sit down with Stella Han, founder of Fractional, to unpack how her platform has facilitated over $600M raised in the last five years by rethinking how capital is pooled and deployed. Stella shares her personal journey from real estate investor to tech founder, including a failed early raise that cost her tens of thousands of dollars and sparked the insight behind investment clubs. We dive into how investment clubs work, why the SEC treats them differently from syndications, when they outperform traditional 506 structures, and how operators can responsibly scale capital raising while engaging both accredited and non-accredited investors. If you’re an investor or entrepreneur looking for smarter, more flexible ways to raise capital—and avoid costly early mistakes—this is an episode you can’t afford to miss.

5 Key Takeaways from This Episode

1. Why investment clubs aren’t treated as securities
   Stella explains how active participation—especially in deal selection and voting—is the key reason the SEC does not regulate investment clubs like traditional syndications.
   
   
2. When an investment club beats a syndication or fund
   For raises around $5M or less, investment clubs can unlock capital from both accredited and non-accredited investors while offering a more engaging “seat at the table” experience.
   
   
3. How to raise capital without a deal under contract
   By raising around a clearly defined investment thesis or buy box, operators can secure capital first and deploy it only after members vote on deals—similar to a fund, but without securities filings.
   
   
4. Turning soft commitments into real commitments
   Fractional uses a small upfront transaction fee from investors to replace verbal promises with real financial commitment, dramatically reducing last-minute dropouts.
   
   
5. Using investment clubs alongside syndications
   Stella outlines how sophisticated operators run clubs and syndications in parallel—using clubs to engage broader communities while still raising larger checks through traditional structures.

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