How do you launch a real estate fund and scale it to $150M in land development projects?

In this episode, Vas Persaud, CEO of Avatar Vision Fund, shares his journey from a 20-year career as a civil engineer working on over $3B in projects to becoming a fund manager tackling America’s housing affordability crisis. Vas breaks down how he leverages his engineering background to derisk projects, streamline entitlements, and create affordable, workforce housing through Karma Development Group and Eco Vision Homes. From fund structuring to innovative construction technologies, this conversation is packed with insights for investors and entrepreneurs looking to navigate development while making a real impact

5 Key Takeaways to learn from this episode

1. From Engineer to Fund Manager – Vas explains how his civil engineering expertise in permitting and land planning created a natural bridge into development and fund management
   
   
2. Addressing Housing Affordability – His mission-driven approach centers on building workforce housing for middle-income earners like teachers, police officers, and nurses
   
   
3. Customizable Fund Structure – Instead of a traditional blind pool, Vas designed a flexible fund model that allows investors to customize their investments and diversify across asset classes
   
   
4. Technology in Construction – From modular builds to 3D printing, Vas highlights evolving construction methods and explains why panelized, site-assembled systems may scale fastest
   
   
5. Derisking Through Entitlements – By structuring deals to only close on land after securing permits, Vas creates built-in investor protections while still capturing significant upside

About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares.

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
Facebook: Tim Mai | Capital Raising Nation
Instagram: @timmaicom
Twitter: @timmai
LinkedIn: Tim Mai
YouTube: Tim Mai

Discover what it takes to acquire over $600M in mobile home parks and self-storage facilities.

In this powerful episode, Matthew Ricciardella, founder and CEO of Crystal View Capital, shares his journey from washing dishes in his family’s restaurant to building one of the top-performing private equity funds in North America. He reveals why manufactured housing and self-storage are his core focus, how he sources mom-and-pop deals others overlook, and the disciplined strategies that have kept his funds outperforming expectations—even in volatile markets. If you’re serious about scaling wealth in alternative real estate, this episode is packed with insights you won’t want to miss.

5 Key takeaways to learn from this episode

1. From Restaurants to Real Estate – Matthew’s early lessons in work ethic fueled his leap into real estate, beginning with residential sales and quickly evolving into investing.
2. The Pivot to Mobile Homes & Storage – He discovered these asset classes generate higher free cash flow, are fragmented, and provide defensive performance in downturns.
3. Capitalizing on Mom-and-Pop Sellers – By targeting underperforming but institutional-quality assets, Crystal View creates value and later exits to institutional buyers.
4. Fund Growth & Investor Trust – Starting with a $10M first fund, Crystal View scaled to $200M raises by consistently delivering on promises and outperforming projections.
5. Conservative & Resilient Strategy – With leverage as low as 25–50% and fixed debt, Matthew’s funds have never missed distributions, even as many peers cut or froze payouts.

About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares.

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
Facebook: Tim Mai | Capital Raising Nation
Instagram: @timmaicom
Twitter: @timmai
LinkedIn: Tim Mai
YouTube: Tim Mai

Discover how does it take to raise over $60M and acquire more than $200M in multifamily apartments.

In this powerful episode, Ken Gee, founder of KRI Partners, shares his 27-year journey from CPA and commercial lender to private equity fund manager. He reveals how he transitioned from deal-by-deal syndications to launching multiple real estate funds, why trust and transparency are the foundation of raising capital, and how disciplined underwriting protects investors in today’s volatile market. Packed with insights on investor relations, capital raising strategies, and the smart use of AI in real estate, this conversation is a masterclass for anyone serious about building long-term wealth in multifamily.

5 Key Takeaways

1. Syndications vs. Funds – Ken explains why moving from deal-by-deal syndications to raising capital in advance through funds provides certainty, better deal flow, and stronger broker relationships.
   
   
2. Track Record Builds Trust – Having a full-cycle track record, vetted by third parties, is essential for convincing investors to follow you into larger funds.
   
   
3. Discipline Over FOMO – Many operators failed in 2021–2022 by overleveraging with bridge debt and chasing deals out of fear of missing out; Ken highlights why discipline and conservative debt structures win long-term.
   
   
4. Transparency with Investors – Hosting “real deal” investor webinars, where he openly discusses both wins and challenges, builds credibility and trust that keeps investors coming back.
   
   
5. AI as a Game-Changer – From analyzing comps to creating custom investor education tools, Ken shares how AI can make real estate operators more efficient and better prepared in today’s market.

About Tim Mai

Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.

He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.

He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares.

He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.

Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.

Connect with Tim
Website: Capital Raising Party
Facebook: Tim Mai | Capital Raising Nation
Instagram: @timmaicom
Twitter: @timmai
LinkedIn: Tim Mai
YouTube: Tim Mai