$1 Billion AUM: The Mad Scientist of Multifamily Shares his Playbook and 2023 Outlook

Dec 12, 2022

Neal Bawa
This podcast guesting of Neal Bawa is hosted by Tejas Gosai of the Real Estate Investor MBA.

Every single decision in real estate relies on information. And in order to make the right move, you must mitigate your risks. For today’s episode, the mad scientist of multifamily, Neil Bawa, talks about the issues that are currently happening today, the historical information of what our ancestors have done over the past decades, and how we can adapt our commercial real estate business and multifamily business. Since he is a data guru, process freak, and outsourcing expert, he also shares with us how he treats his $1B portfolio to experiment with efficiency and optimization. Tune in as he shares his two mantras and the other disruptive beliefs that fuel him to drive consistent profits for his 700 investors!

Catch us now and discover his playbook and 2023 outlook! Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!

Key Points from This Episode:

Neal introduces himself and shares what he is currently doing with his assets. The specifics and markets Neal is looking for right now. Neal shares how he still manages to purchase properties and what he’s doing for the future.

What’s going to happen to real estate in the next 12 months? Neal talks about the natural gas industry in the United States. The benefit that real estate has in the middle of a recession.

Why, for Neal, today’s property management is very simple? The concept of build-to-rent and the shift from high-density apartment complexes to mid-density apartment complexes.Why you need to get into the apartment market, particularly in the Build to Rent Industry. Neal’s opinion about the theory is that no one is going to buy a house anymore and everyone will just subscribe to renting. How can someone invest with Neal?


“When you plan for the future, you can’t just be planning for the next six months or the next 12 months.” – Neal Bawa

“The bad news is the good news.” – Neal Bawa“

No property manager does all of the things that they tell you they’re going to do simply because there’s not enough manpower.” – Neal Bawa“

I would subscribe to you that build-to-rent is definitely one that our entire industry is now looking at.” – Neal Bawa, “

I think that it’s not that they [millenilas] don’t wanna buy homes, it’s just that they realize that they’re priced out.” – Neal Bawa

Links Mentioned:

  • Multifamily University Website
  • Neal Bawa on LinkedIn
  • Neal Bawa on Facebook

About Neal Bawa

Neal Bawa is a technologist who is universally known in real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, a process freak, and an outsourcing expert. Neal treats his $1 billion-dollar portfolio as an ongoing experiment in efficiency and optimization. The Mad Scientist lives by two mantras. His first mantra is that “We can only manage what we can measure”. His second mantra is that “Data beats gut feel by a million miles”. These mantras and a dozen other disruptive beliefs drive profit for his 700+ investors. Neal serves as CEO / Founder at Grocapitus, an iconic, data-driven commercial real estate investment company. Grocapitus’ 28-person team acquires and builds multifamily & commercial properties across the U.S. With more than 700 active investors and over 2,000 reviewing our projects, the Grocapitus portfolio currently spans across 10 states with 31 projects (4 sold) and 4,800 units/beds. The powerful Grocapitus brand has a cult-like following of data-driven investors. The result – Completed equity raises of $270 million* for Multifamily, Mixed-Use, and Industrial acquisitions in the last 18 months, with over 4,800 units purchased. Grocapitus is on track to close another 1,500 units in the next 12 months.