David Moore is the founder and Managing Partner at Knightvest. Under David’s leadership, Knightvest has acquired over 55,000 units at a total capitalization of approximately $10.0 billion.  Since inception, Knightvest has sold over 15,000 units with an average IRR and multiple of over 30% and 2.2x, respectively.
On this episode, Chris and David discuss:

Making key hires to grow the company

The explosion of the Class B multifamily market 

A walkthrough of a typical deal

The American renter in 2024

Construction & labor cost hikes

State of the market update 2022-2024


We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. 
https://www.thefortpod.com/survey

Links
Knightvest Capital - https://knightvestcapital.com/
David on LinkedIn - https://www.linkedin.com/in/david-moore-03005a39/
Topics
(00:00:00) - Intro
(00:04:45) - David’s first property 
(00:13:08) - The decision to focus on multifamily
(00:20:46) - Scaling Knightvest
(00:24:01) - Multifamily is HARD work
(00:27:25) - Becoming the best renovator
(00:29:47) - Making key hires to grow the company
(00:34:40) - The Class B MF market taking off
(00:42:32) - Walkthrough of a typical deal
(00:46:20) - The American renter in 2024
(00:54:09) - Thoughts on construction & labor cost hikes
(00:58:17) - State of the Market Update 2022-2024
(01:19:22) - Technology innovations
(01:21:32) - What do you think about often in multifamily?

Support our Sponsors
Better Pitch: https://bit.ly/42d9L0I
RE Cost Seg: https://bit.ly/3oC7JcY
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/

Chris on Social Media:
X: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
 
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO 

The FORT is produced by Johnny Podcasts