One real-estate investor built a portfolio worth millions in 5 years

  • Aaron Amuchastegui, a real-estate investor who navigated the 2008 crisis but took a serious financial hit in 2013, revived his portfolio in just five years’ time. 
  • He utilizes an investment strategy that targets “courthouse step” deals, or buying foreclosed homes at auction. 
  • Amuchastegui’s strategy has shifted over the years, and he now prioritizes a long-term investment plan focused on single-family Texas home rentals rather than quick flips. 
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In 2008, Aaron Amuchastegui was lucky to hang onto his job amid the financial crisis, and then by 2013 he was broke.

It was quite a change for the son of a homebuilder in a small town in Oregon. The 40-year-old investor told Insider that since 2005, he had enjoyed a lucrative career flipping new, custom home developments, but the 2008 financial crisis levied a direct hit against that model.

The builder Amuchastegui worked for laid off about 70 people after 2008, he said in an interview on the BiggerPockets podcast, and he was relocated to Sacramento, California, one of just five remaining members of his team.

Amuchastegui, now 40, had been with the builder, based in Santa Barbara, since he graduated from nearby California Polytechnic

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Veterinary Practice Manager and Real Estate Investor Partner to Launch Vetley Capital

Zach Goldman, President, Vetley Capital (Photo: Business Wire)

Zach Goldman, President, Vetley Capital (Photo: Business Wire)

ANNAPOLIS, Md.–(BUSINESS WIRE)–Jan 26, 2021–

Zach Goldman, veterinary practice manager and real estate entrepreneur, today announced the launch of Vetley Capital, a veterinary real estate investment firm based in Annapolis, Md. As president of the new firm, and in partnership with David Williams of MRE Capital, who will serve as chairman, Goldman plans to build a long-term portfolio of veterinary real estate properties nationwide.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210126005598/en/

Zach Goldman, President, Vetley Capital (Photo: Business Wire)

Vetley Capital currently owns ten veterinary properties in the mid-Atlantic and South East regions, with an additional four under contract expected to close in coming months. According to Goldman, the veterinary industry is consolidating and, as many practices are acquired by larger corporate groups, many retiring practice owners are often left holding onto real estate assets after the sale of the practice. Vetley Capital offers liquidity to those owners looking to sell, as well as ongoing property management and customer service to new tenants.

Veterinary real estate is a special asset class for Goldman, as he grew up

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