On The Move Ep. 013: Attorney to Multifamily Investor: Lessons in Strategy, Growth, and Partnership

This episode features Chris Bystriansky, a multifamily real estate investor and former attorney who transitioned to full-time real estate in 2019. Since starting in 2018, he has invested in 14 properties across Texas, Georgia, and Florida and served as a General Partner (GP) on three deals.

Chris leverages his legal and financial expertise to excel in reviewing documents, analyzing numbers, and maintaining clear communication with investors. Transparency and realistic communication are core to his approach, which he believes sets him apart in the multifamily space.

Initially focused on older, value-add properties, Chris now prioritizes newer assets in high-quality locations. He emphasizes the importance of strong operations and long-term holds in today’s market. For him, success hinges on the quality of the GP team and property management rather than deal-specific metrics like cap rates or rents.

Chris appreciates the scalability and passive income potential of multifamily real estate. He enjoys the thrill of finding quality properties and delivering strong returns for investors but acknowledges the stress of managing others’ money. Mentorship played a key role in his journey, equipping him with the knowledge and network to succeed.

Looking ahead, Chris plans to explore development projects and expand his Limited Partner investments. He advises aspiring GPs to carefully vet potential partners, as strong relationships are essential for success. He recommends How to Win Friends and Influence People by Dale Carnegie, a book he rereads regularly for its enduring insights.