On today’s episode of Ritter On Real Estate, we chat with Ray Heimann, a real estate investor and co-founder of Terra Capital, an investment firm that focuses on turning small, outdated residential real estate assets into scaled, turnkey portfolios of modern-finish units across the US.
Ray has over a decade of experience working for various investment firms, including JP Morgan, Booz & Company, and Sverica Capital, where he covered US REITs.
He is known for his focus on cutting out the noise around what’s hot and honing in on strategies that repeatedly drive strong, risk-adjusted returns.
Key points from the episode:
– Ray’s upbringing and background before co-founding Terra Capital
– What brought Ray back to the Midwest
– Ray’s investment strategy and what he looks for in a deal
– Getting around the issue of scaling a firm
– Why Terra Capital manages all of their assets
Books Mentioned: Washington: A Life by Ron Chernow