Search a title or topic

Over 20 million podcasts, powered by 

Player FM logo
Artwork

Content provided by Michael Wagman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Wagman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Player FM - Podcast App
Go offline with the Player FM app!

From Engineer to Empire: How Sid Shamim Built a $500M Real Estate Business

28:32
 
Share
 

Manage episode 485834440 series 3645092
Content provided by Michael Wagman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Wagman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of Beyond the Deal, Michael Wagman speaks with Sid Shamim—an engineer-turned-entrepreneur who walked away from a high-paying oil and gas job to take control of his first underperforming apartment complex. That decision sparked a 10+ year journey to building a vertically integrated real estate firm managing over $500 million in assets and 4,300+ units across Texas and Arizona.

Sid breaks down how he scaled from single-family homes to multifamily syndications, what made him ditch third-party property managers, and the systems behind raising $150 million in investor capital. If you’ve ever wondered what it really takes to go from side-hustle landlord to full-time operator, this one’s for you.

🔑 Key Takeaways:

  • Why operational control changed everything for Sid’s portfolio
  • How he raised his first round of capital through trust, not marketing
  • The key difference between a good spreadsheet and a good property
  • His approach to scaling with accountability—and why it starts with hiring
  • The massive tax advantages of multifamily real estate (and how he pays almost nothing legally)
  • Why the real edge in real estate is being both an operator and an owner
  • How Sid structures bonuses to build long-term commitment from his team
  • What he looks for in today’s market and how he’s positioning for distressed opportunities

Timestamps:

00:00:00 Sid Shamim's Journey: From Immigrant to Real Estate Mogul
00:01:55 From Academia to Oil and Gas Industry
00:03:47 Transition from Oil and Gas to Real Estate Investing
00:05:33 Transitioning from Single Family to Multifamily Real Estate
00:07:14 Transitioning to Multifamily Syndication
00:09:00 Understanding Real Estate Depreciation and REP Status
00:10:46 Becoming a Property Manager: A Personal Journey
00:12:28 Overcoming Challenges in Real Estate Management
00:14:20 Strategies for Raising Capital Without Digital Presence
00:16:19 Building a Property Management Empire
00:17:51 Innovative Employee Incentive Structures
00:19:31 Navigating Multifamily Investments in a Competitive Market
00:21:19 Interest Rates and Market Cycles in Real Estate
00:23:03 The Role of Timing in Real Estate Investment
00:24:53 Market Challenges for Recent Buyers
00:26:42 Navigating Investment Challenges: Problem-Solving and Discipline

Follow the Host – Michael Wagman:

🔗 https://www.linkedin.com/in/michaelwagman/

🔗 https://www.instagram.com/nimble_capital_group/

🔗 https://nimblecapitalgroup.com/

Follow the Guest – Sid Shamim:

https://www.linkedin.com/in/sid-shamim-a920b6177/

https://headwayinvestment.com/

Interested in learning how to raise capital and scale your business to build a lifestyle around freedom? Schedule a call today and let's find out if you're a good fit for mentorship.

https://calendly.com/mwagman/capital-coaching-exploration

🔥 Don’t forget to subscribe, leave a review, and share this episode with fellow acquirers and operators!

  continue reading

20 episodes

Artwork
iconShare
 
Manage episode 485834440 series 3645092
Content provided by Michael Wagman. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Wagman or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of Beyond the Deal, Michael Wagman speaks with Sid Shamim—an engineer-turned-entrepreneur who walked away from a high-paying oil and gas job to take control of his first underperforming apartment complex. That decision sparked a 10+ year journey to building a vertically integrated real estate firm managing over $500 million in assets and 4,300+ units across Texas and Arizona.

Sid breaks down how he scaled from single-family homes to multifamily syndications, what made him ditch third-party property managers, and the systems behind raising $150 million in investor capital. If you’ve ever wondered what it really takes to go from side-hustle landlord to full-time operator, this one’s for you.

🔑 Key Takeaways:

  • Why operational control changed everything for Sid’s portfolio
  • How he raised his first round of capital through trust, not marketing
  • The key difference between a good spreadsheet and a good property
  • His approach to scaling with accountability—and why it starts with hiring
  • The massive tax advantages of multifamily real estate (and how he pays almost nothing legally)
  • Why the real edge in real estate is being both an operator and an owner
  • How Sid structures bonuses to build long-term commitment from his team
  • What he looks for in today’s market and how he’s positioning for distressed opportunities

Timestamps:

00:00:00 Sid Shamim's Journey: From Immigrant to Real Estate Mogul
00:01:55 From Academia to Oil and Gas Industry
00:03:47 Transition from Oil and Gas to Real Estate Investing
00:05:33 Transitioning from Single Family to Multifamily Real Estate
00:07:14 Transitioning to Multifamily Syndication
00:09:00 Understanding Real Estate Depreciation and REP Status
00:10:46 Becoming a Property Manager: A Personal Journey
00:12:28 Overcoming Challenges in Real Estate Management
00:14:20 Strategies for Raising Capital Without Digital Presence
00:16:19 Building a Property Management Empire
00:17:51 Innovative Employee Incentive Structures
00:19:31 Navigating Multifamily Investments in a Competitive Market
00:21:19 Interest Rates and Market Cycles in Real Estate
00:23:03 The Role of Timing in Real Estate Investment
00:24:53 Market Challenges for Recent Buyers
00:26:42 Navigating Investment Challenges: Problem-Solving and Discipline

Follow the Host – Michael Wagman:

🔗 https://www.linkedin.com/in/michaelwagman/

🔗 https://www.instagram.com/nimble_capital_group/

🔗 https://nimblecapitalgroup.com/

Follow the Guest – Sid Shamim:

https://www.linkedin.com/in/sid-shamim-a920b6177/

https://headwayinvestment.com/

Interested in learning how to raise capital and scale your business to build a lifestyle around freedom? Schedule a call today and let's find out if you're a good fit for mentorship.

https://calendly.com/mwagman/capital-coaching-exploration

🔥 Don’t forget to subscribe, leave a review, and share this episode with fellow acquirers and operators!

  continue reading

20 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Copyright 2025 | Privacy Policy | Terms of Service | | Copyright
Listen to this show while you explore
Play