A Runway to Financial Freedom: How A Pilot Becomes A Real Estate Investor with Satch Bernhardt

Oct 24, 2022

Satch Bernhardt is a real estate investor and former airline pilot for a U.S. carrier. His flying career ended when his airline shut down in the middle of the pandemic in 2020. This was a turning point in his mission with real estate. This made him realize how fragile airline careers are and he wants to help as many airline pilots as possible get financial security through real estate. He is a Co-GP on $77MM / 350 units and has invested as a Limited Partner in $148MM worth of Real Estate / 726 doors. Let’s hear more about Satch and Welcome back to Small Axe Communities Podcast, Here’s your host Nico Salgado.

 

[00:00 - 08:22] Opening Segment

• Satch Bernhardt is a real estate investor and former airline pilot who now invests in multifamily properties.
• Bernhardt Capital is a real estate investment company that Satch Bernhardt founded.
• Bernhardt Capital focuses on wholesaling single-family homes.
• Satch Bernhardt has invested in 148 million worth of real estate or 726 doors 

 

[08:22 - 16:06] Multifamily is a relatively new industry for the company

• The company focuses strictly on marketing to a very narrow window of property specs.
• The average return for a multifamily deal is four to five times what was spent on marketing.
• The company has been successful in leveraging other people's expertise in the single-family world.
• Nico Invites you to Jake And Gino’s Multifamily Mastery 5!

MM5 will be held in Florida this coming November 2022 If you’re joining, Nico Salgado offers early bird pricing for you! All you got to do is connect and message him through his Instagram, Facebook, and LinkedIn or email him directly at [e-mail] to get the code that you can use to avail of a discount!

 

[16:06 - 25:20] New Investors Pull Back on Multifamily Investments

• Satch started investing in multifamily to focus on capital racing and avoid competing against experienced operators;
• The key advantages of working with experienced multifamily operators and includes shared equity and access to resources;
• Satch shares that the quickest person to convert is someone who has already invested with him, and the hardest one to convert is an investor who has not invested in past deals.

 

[25:20 - 30:39] Closing Segment

• Final words
• Connect with Satch Bernhardt by visiting his website www.bernhardtcapital.net

You may grab his Free E-book “Runway to Finacial Freedom” at www.bernhardtcapital.net/ebook

 

 

 

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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

 

 

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook, or check out my website https://smallaxecommunities.com/ and book a call with me.

 

 

Tweetable Quotes:

 

"I thought, instead of trying to compete against those guys, why don't I just team up with them and, and figure out a way to do deals together, so that's what I love about the active side of multifamily” - Satch Bernhardt