June 28, 2022

Scaling Your Portfolio through Partnerships with Ellis Hammond

Funding your own deals is good at the start, but you can only go so far with a few deals. Getting into bigger deals requires more significant funds, where raising capital comes into play.

And that's not an easy part to do. But how can you mobilize funds without sounding desperate for that?

Through his vision and leadership, Ellis Hammond has led Symphony Capital Group to acquire more than eighty-seven million dollars of commercial and multifamily real estate in 2021. He is also the founder of Kingdom REI, a mastermind and coaching community for faith-driven real estate investors who want to multiply their real estate portfolio, income, and impact through joint ventures and collaborations.

In this episode, Ellis shares how he made the most of his experience as a pastor -- the people he built relationships with, banking on their trust in him, sharing his faith and many things of value to other people he meets. All those help him pool funds together and scale faster.

Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/

What you'll learn in just 18 minutes from today's episode:

  • Learn how you can dive into bigger deals with borrowed credibility and borrowed capital funds
  • Find out how you can leverage relationships to scale your real estate business
  • Discover a mindset around raising money without sounding creepy


Topics Covered:

00:49 - What's his primary strategy, and how building relationships get him to where he is today with his portfolio

03:11 - How to successfully raise capital for your deals

05:28 - What he would have advised himself when he just started

07:21 - Emulating the GP model and what it is all about

10:02 - Responsibilities and profit sharing in the GP model

13:31 - Raising funds without sounding like it

16:24 - What he is up to these days

Key Takeaways:

"We bought our first duplex, and nine months later, we partnered on our first multifamily deal, which was 144 units. Not that we don't want to take a whole lot of credit for that deal, because we didn't do a whole lot except leverage our relationships to provide equity for that deal." - Ellis Hammond

"The thing that I think has made me successful in both arenas [being a pastor and entrepreneur] is the ability to communicate a vision and communicate value to folks." - Ellis Hammond

"I think that confidence and that mindset is the best advice I can give to someone [in raising capital]. See yourself as a person of value. " - Ellis Hammond

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