The BetterLife Podcast

How to Raise Money for Real Estate... without Social Media | Ep 141 w/ Chad Schieler

Apr 22, 2025
Chad Schieler is a real estate mogul who built a portfolio of over 500 units and raised nearly $10 million without relying on social media. He shares innovative fundraising strategies, emphasizing personal relationships and memorable investor experiences. The discussion highlights his journey from traditional sales to real estate, navigating confidence in capital raising. Chad also examines the appeal of the Midwest market and the importance of community in property management. For aspiring investors, he stresses financial literacy and the growth that comes from taking risks.
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ADVICE

Balance Property Management Choices

  • Use third-party property management for time leverage when you can't self-manage.
  • However, self-managing teaches much more if time allows.
INSIGHT

Challenges with Mid-size Property Management

  • Mid-size multifamily property management is hard due to PMs focusing on revenue over net income.
  • PMs spread thinly across many properties reduce service quality.
ADVICE

Prioritize Broker Relationships

  • Build and foster broker relationships by consistent communication and showing you are a serious, reliable buyer.
  • This relationship network is key to deal flow and success.
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