Podcast
MLG Capital CEO Tim Wallen on the Current State of the U.S. Real Estate Market
RELATED: What You Need To Understand To Buy / Invest In Real Estate
MLG Capital CEO Tim Wallen on the Current State of the U.S. Real Estate Market
MLG Capital CEO Tim Wallen returns to the show (ILAB 121 – Investing in Private Real Estate Funds, with MLG Capital's Tim Wallen – Invest Like a Boss) to give us an update on how things have changed in the U.S. real estate market in the last two years.
Sam asks about the returns on his personal investment in MLG Capital's Fund IV and how to get involved in MLG Capital's latest fund V. Tim also covers the effect of rising inflation, interest rates, and securing cash flow in real estate.
Plus, Wallen covers why MLG Capital focuses on middle America versus the coastal areas. Sam and Johnny circle back to compare Tim's thoughts to their own personal real estate holdings and how they will proceed with real estate ventures going forward.
Johnny further elaborates on the tense situation with Russia and Ukraine, considering he now owns Ukrainian real estate.
Tim and his wife Julie have eight children and their first grandchild. He’s passionate about family, traveling, golf and skiing. Outside of work, you’ll likely find Tim spending time with his family, or traveling.
Tim loves to live the MLG Capital concept of “Making A Difference While Making A Living”. Tim has helped launch two successful nonprofits utilizing MLG Capital’s facilities and staff.
Tim recently launched “MAD Funds” which allows investors to allocate profit from MLG Capital Private Funds to help at-risk youth.
He’s also a board member of Lifesong for Orphans, which provides orphan care for over 6,000 children and financial assistance for adoptions.
Tim started his career as a CPA and Tax Manager with Price Waterhouse in San Francisco and Milwaukee. In 1989, he joined MLG Capital as the CFO and a Principal.
In 2000, Tim became the MLG Capital CEO. He has a BBA in Accounting and a Masters of Accountancy with a Tax concentration from the University of Wisconsin Madison.
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