Ava Benesocky and August Biniaz left a number one RE/MAX practice and a 16 year development career to build one thing: a compliant, tax efficient bridge that lets Canadian investors buy US multifamily cash flow. On this episode, host Abel Pacheco talks with them about raising cross border capital.
In this episode:
- The build: it started with "tens and tens of calls with cross border lawyers, accountants, figuring out the structures," then a YouTube show, and grew to "over 2,000 people that have signed up to our newsletter."
- The moat is the structure itself: "we have set up our corporate structure through a web of corporations, limited partnerships. The Canadians are relieved from double taxation," and it is deliberately hard, "economically doesn't make sense for one person to put that in place."
- August's turning point: after realizing solo development would take "another 30 years to get to a level I want," he said, "you need to bring on investors."
- Syndication in one line: "the knowledge and the experience on one side and the capital on the other side."
- Why the education that earns trust is the income line of a capital business.
Abel Pacheco is a San Antonio real estate operator who went from 8 single family houses to a share of roughly 1,500 apartment doors, and now works as a fractional Chief AI Officer helping small and mid sized businesses put the back office on autopilot.
Go deeper and connect: