From Fix-and-Flip To $225M: August Biniaz On Multifamily, BTR, And Cross-Border Capital - Episode 364 The Practical Wealth Show podcast

Content provided by Curtis May. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curtis May or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Practical Wealth Show »
From Fix-and-Flip to $225M: August Biniaz on Multifamily, BTR, and Cross-Border Capital - Episode 364

7d ago 40:09

MP3•Episode home

Real-estate operator August Biniaz (Co-Founder & CIO, CPI Capital) breaks down how he grew from agent and small developer to closing $225M+ in multifamily assets—plus the boutique advantages that win in today's market: cross-border investor structures, a mid-market acquisition lane ($20–$50M), and ruthless underwriting discipline (rent growth, exit caps, and debt selection). We cover value-add vs BTR, lessons from deals walked away from, and why talent, conservative debt, and 95% occupancy targets matter more than spreadsheets.

Highlights

The mid-market moat: Why 100–300 doors,
LP economics first: Targeting 15–20% average annualized returns and passing the "net-to-investor" test before bidding.
Underwriting levers that kill deals: Keeping organic rent growth to ~2.5%–3%, and being conservative on exit cap rates.
Debt is destiny: Why fixed, interest-only 5-year debt reduces "debt distress" risk.
Boutique advantage: Direct access to principals, tight asset management, investor dinners, and hands-on ops.
Cross-border structure: How Canadian LPs invest into U.S. deals while avoiding double taxation and using registered retirement funds (via MFT).
Lessons learned: "Best deals are often the ones you walk away from," plus "hire slow, fire fast.

Enjoyed this? Subscribe to The Practical Wealth Show, share with an investor friend, and book a discovery chat to map your cashflow and capital strategy.

Links and Resources from this Episode

https://www.practicalwealthadvisors.com
https://www.practicalwealthsolutions.net/
Email Curtis for a free report - [email protected]
Call his office - 610-622-3121
ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
Take the Next Step with Curtis May:
Business Owners: Assess Your Challenges with Cash Flow → https://curtis-73no5r8j.scoreapp.com
Private Banking Readiness Assessment → https://curtis-qljorw8q.scoreapp.com
How Ready Are You to Be Your Own Bank? → https://link.agent-crm.com/widget/quiz/XJwH7kM0wWxYB1KICcOW
Connect with August Biniaz
[email protected]
LinkedIn: linkedin.com/in/augustbiniaz
Company: cpicapital.ca
Newsletter: cpicapital.cpicapital.ca/newsletter
Investor scheduling: meetings.hubspot.com/a
Phone: +1 (604) 363-4797

Special Listener Gift

Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Review, Subscribe and Share

If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

365 episodes

#Trading #Business #Self-Improvement #Cashflow #Familybankingsystem #Financialplanning #Practicalwealth #Prosperity #Wealth #Wholelifeinsurance #Podcasting Education #Curtis