He Raised $17M from Just 35 Investors with Andrew Reichert, Ep. 616

Multifamily Insights

Andrew Reichert is the CEO and founder of Birgo, a private equity real estate firm based in Pittsburgh, managing $315 million in assets across 3,300+ multifamily units. Since launching Birgo in 2012, Andrew has grown the firm to over 90 employees, focusing on raising capital, acquiring, and managing multifamily residential properties. His leadership has helped many investors build wealth while fostering strong communities, providing a balanced approach to real estate investment that goes beyond mere financial returns.

A dedicated problem solver and entrepreneur, Andrew has founded four companies and worked with various startups, consistently aiming to empower people to achieve more. He co-hosts the podcast Real Returns with his business partner Daniel Croce, sharing insights on real estate investment.

In this episode, we talked to Andrew about the early days and the formation of his investment firm, Birgo, his experiences with different investors and his ways to build trust with them, the markets he invests in now, and much more.

Announcement: You can join the Apartment Investing Mastermind here.

Raising Capital;

02:15 Andrew's background;

06:39 Early days and the formation of Birgo;

12:08 His experience with different investors;

18:43 Building trust with investors;

20:44 An insight into the markets he invests in these days;

28:22 Round of insights

Announcement: Download a Sample Deal package here.

Round of Insights

Apparent Failure: Getting expelled from high school.

Digital Resource: ChatGPT.

Most Recommended Book: Living Forward.

Daily Habit: Following the exact routine on The Miracle Morning.

#1 Insight for raising millions of dollars of capital for real estate: Establishing trust and integrity with potential investors.

Best place to grab a bite in Pittsburgh, PA: Tako.

Contact Andrew:

Website: https://www.birgo.com/

LinkedIn: https://www.linkedin.com/in/andrewreichert/

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