Welcome to another insightful episode of "Masters of Real Estate," your go-to podcast for creating financial freedom through strategic real estate investments. In today's episode, host Matthew Owens sits down with Sean Tagge, a seasoned real estate investor with a fascinating journey from biomedical engineering to mastering single-family and multifamily properties.

We'll explore Sean's initial foray into real estate after purchasing a duplex in 2015, the rapid growth of his portfolio in Memphis, Tennessee, and the critical transitions both Sean and Matthew made from their previous professions to full-time real estate investing. Together, they dive into topics like the importance of conservative budgeting for rehabs, leveraging joint ventures, and navigating the current challenges of higher construction costs and fluctuating interest rates.

Sean shares invaluable insights on adding value to investments, balancing entrepreneurship with family life, and the strategic shift from single-family homes to multifamily properties. We also touch on the Nashville market, flipping houses, and transitioning to lifestyle-focused investments while mitigating risks through effective value-add strategies.

Whether you're a seasoned investor or just getting started, you won't want to miss this episode packed with real-world experiences and proven methods to achieve financial freedom through real estate. Now, let's dive in!

Sean's Bio: Sean Tagge grew up working on his family's 100 acre fruit orchard in Brigham City, Utah. Working long hard summers growing, harvesting, delivering and selling their produce. He graduated on scholarship in Biomedical Engineering at the University of Utah. Upon graduating in 2014 he worked at the University of Utah Hospital doing research on artificial hearts. In 2017 he transitioned into his true passion; entrepreneurship. From 2017-2022 was a partner and the Chief Operating Officer of Memphis Investment Properties. There he managed the day to day operations of acquiring, renovating and selling single family properties in Memphis and Nashville, TN. He used his engineering skills to organize and streamline the systems and processes of the business. He has been involved in over 1500 single family real estate transactions. For four years he did business consulting for a property management company where he facilitated their weekly, quarterly and annual leadership meetings. He has additionally consulted for several other Real Estate Investors and renovation companies across the country. Another investment company he is a partner of since 2020 is Southern States Apartment Group which has acquired over 1000 multifamily value add apartment doors. The group has raised over $10M in equity from limited partner accredited investors to acquire these apartments. Today he is currently in the search process to acquire a small business in Utah so he can be close to family. He started the company Acorn Equity and Acquisitions to do so. He spends most of his time with his beautiful wife and 3 wonderful kids. His hobbies include snow and water skiing, pickleball, hiking and dirt biking. He is currently training to complete his first marathon and just finished the Ironman 70.3 in Saint George, Utah.