In this episode of Rich Roots, Vessi Kapoulian shares her journey from being a commercial lender in Bulgaria to becoming a successful real estate syndicator. She discusses the evolution of her understanding of wealth and financial freedom, the mission behind her company DBA Capital, and the importance of education in investing. Vessi emphasizes the significance of conservative underwriting, understanding CAP rates, and the impact of market dynamics on investment decisions. She also shares insights on the challenges faced during her transition to active investing, the importance of building trust with general partners, and the role of AI in underwriting. Vessi concludes with her perspective on the current market cycle and the opportunities it presents for investors.

00:43 Guest Introduction

02:05 Defining Wealth and Financial Freedom

05:10 The Mission Behind DBA Capital

10:07 Transitioning from Banking to Real Estate

13:21 Understanding Conservative Underwriting

17:12 Cap Rates and Their Importance

20:11 Market Analysis and Its Impact

25:23 Challenges in Transitioning to Active Investing

28:24 Navigating Relationships in Investment Partnerships

34:14 Identifying Green Flags in General Partners

37:30 The Importance of Trust and Diversification

42:31 Learning from Past Mistakes in Syndication

51:16 Understanding Joint Ventures vs. Syndications

58:04 Market Insights and Future Predictions