Creative Capital Podcast 158: Massive Wealth Acceleration Via Syndicated 1031 Exchanges with Zach Haptonstall

<p>Zach Haptonstall discusses what a 1031 tax-deferred exchange is, and how he implemented this strategy to grow and scale not only his portfolio but also his investor's wealth while reducing tax liability. Josh and Zach also talk about vertical integration, growing and scaling a business, hiring employees, the importance of social media and so much more! You don't want to miss this episode of the Creative Capital Podcast.</p> <p>Zach Haptonstall is the Chief Executive Officer and Co-Founder of Rise48 Equity. Zach’s main responsibilities as CEO include overseeing all acquisitions, sourcing capital, and building strategic partnerships. In 2018 he founded ZH Multifamily and grew his portfolio to $35M. ZH Multifamily founded the organization, The Phoenix Multifamily Association “PMA” where Zach hosted 200+ members and held monthly speaking and networking events. In order to scale and add experts to the team, he retired from ZH Multifamily and PMA in 2020 and Co-Founded Rise48 Equity.</p> <p>Zach has been a licensed Real Estate Agent in Arizona since 2016. He is also an official member of the Forbes Real Estate Council, a Directors Council Member of GPEC, and is a #1 Best Selling Co-Author of “Success Habits of Super Achievers.”</p> <p><strong>[00:01 - 15:04] Knowing Nothing About Real Estate to Acquiring 100 Million in Properties</strong></p> <ul><li>How Zach started in real estate<ul><li>Zach was burned out while working a job in healthcare marketing. He found out about multifamily and syndication after quitting his salaried job in January 2018</li> <li>How he acquired 27 properties worth over $100 million in the Phoenix market since</li> <li>Even though he was earning 6 figures, Zach was tired of working long hours at a stressful job. After reading "Rich Dad, Poor Dad", he looked into real estate and, with a partner, completed a 36 unit deal for $2,500,000</li> </ul></li> <li>How Zach scaled his business by bringing in the right people<ul><li>It can take time to find the right partners, and it is important to fin