Podcast Feature: Scaling from Single-Family to Multifamily with Luis Frias
CalTex Capital Group’s founder, Luis Frias, joined Craig McGrouther on the Fund Friday podcast to share his journey from real estate agent to full-time multifamily investor and syndicator.
In this episode, Luis breaks down:
How a residential brokerage career led to launching a $100M+ multifamily portfolio
His shift from commissions to cash flow and the power of control in ownership
The current outlook across the Texas Triangle: Austin, Dallas, Houston, and San Antonio
How CalTex is adapting by adding debt funds for cash-flow-focused investors
Tips for investors on choosing the right sponsor, structure, and market
Luis also shares real-world lessons from past cycles, the cost of overleveraging, and why conservative underwriting always wins in the long run.