Finding Real Estate Opportunities in a High Rate Market with Tony Lopes

Getting your boots dirty is about more than walking a property. For Tony Lopes, it also means digging into the financials, knowing your partners, and making sure a deal works before you buy.

Tony is the founder of Dirty Boots Capital and has just over 400 units across his own multifamily holdings and deals where he participates as a GP or LP. His main areas of focus are New Hampshire and Florida.

Tony shares why he is watching rising interest rates differently from some investors. Higher rates can put pressure on property values, which may create buying opportunities. But his rule remains simple: the deal needs to cash flow from day one.

He also talks about starting local. Instead of waiting for the perfect property, investors can use this time to learn their market, build spreadsheets, attend local real estate investment groups, and form relationships with the people they may need before a deal appears.

Key Topics and Takeaways

• What the Dirty Boots Capital name means
• Why Tony physically walks roofs, basements, and properties
• Why financial statements deserve the same level of diligence as the physical property
• Tony's focus on New Hampshire and Florida
• Looking for opportunities with distressed operators and local banks
• Why Tony wants deals to cash flow from day one
• Why investors do not always need to start with large properties
• How local investment groups can help build a real estate team
• Why Tony likes attorneys, CPAs, and contractors who also understand real estate firsthand

Guest Information

Tony Lopes is the founder of Dirty Boots Capital. He has nearly 30 years of experience in real estate and focuses heavily on multifamily investing and property management.

Website: dirtybootscapital.com

Email: tonylopes@dirtybootscapital.com

Tony also discussed his book, Freedom at Risk: How to Protect Your Personal and Financial Freedoms.

Call to Action

Tony offered listeners a free copy of his book.

Email tonylopes@dirtybootscapital.com.