Episode 66: An Unconventional Viewpoint: Transitioning from Architecture to Multifamily Investing

In this brand new episode of the Path to Wellth podcast, I interview Schuyler Cadwalader, the founder and managing partner of UpWealth Capital.

Drawing from his architectural background, Schuyler offers a distinct outlook on the realm of multifamily investing. He unveils his journey's progression from architecture to his immersion in the real estate investment domain. Schuyler delves into his pivotal responsibilities at UpWealth Capital, encompassing underwriting, deal analysis, due diligence, and steering the company's expansion and direction. Furthermore, he adeptly oversees a personal assortment of multifamily properties and has played a key role in real estate transactions totaling over $60 million. Schuyler is unwavering in his commitment to aiding medical professionals in constructing passive income streams via multifamily real estate ventures.

Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut


Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5


Connect with Schuyler Cadwalader

✅ Email →  [email protected]
✅ LinkedIn → linkedin.com/in/gscadwalader/
✅ Instagram → @schuyler_UWC
✅ Twitter → @schuyler_UWC


Time Stamp

[00:01:28] Transitioning into real estate
[00:04:14] Longing for design and architecture
[00:08:26] The reality of being a doctor
[00:10:37] Upgrading as a financial trap
[00:13:37] The cost of owning a boat
[00:18:00] Architectural design in real estate
[00:21:38] Architects and project management
[00:23:28] Speed in real estate development
[00:26:39] Private real estate investments
[00:30:11] Saving vs. investing mindset
[00:34:38] Multifamily as a wealth builder
[00:37:08] Investing and market performance
[00:40:47] Balancing priorities and obligations


Quotes

"I don't know what I want more to design houses like this or to live in a house like this."

"It's the gift that keeps taking."

"I do also subscribe to the idea that a house is not necessarily an asset."

"And I think as a real estate investor, the smart thing to do is not to get too into the design aspect of it and let your numbers do the talking."

"Yeah, that's probably actually the biggest benefit of being an architect."

"And I do think speed is probably an undervalued part of that."

"And so I guess what I mean is there can be a lot of pain in the system without a lot of signal that it's happening."

"Oftentimes I try to tell people that there's a very good chance that your LPs are smarter than you."

"You always got to zoom out and look at that multi-decade picture."

"It's one of the things I love about multifamily is you have to have it. It doesn't go out of style. You don't get the new iPhone, which makes the iPod irrelevant. Right. Where it's just like everyone needs a roof over their head."

 "EYou know, even as an LP investor, if you can find a good general partner, a good operator who has a good head on their shoulders and they've done this a lot of times, they rinse and repeat. And this is what they do."

 "And so right now, being a good dad is kind of number one, making sure that I check that box, because if I if I drop that ball, then nothing else really mattered."

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