Most multifamily operators are still playing checkers.

Justin Spillers built a vertically integrated machine that:

• Underwrites 1,200 deals a year
• Renovates units in 7 days
• Runs 97% occupancy
• Uses AI across leasing, underwriting, hiring, and operations
• Is scaling toward 2,500 units

This is what real operational scale actually looks like.

Most real estate operators think growth comes from finding more deals.

Justin Spillers believes growth comes from fixing operational bottlenecks faster than everyone else.

In this episode of The AI Edge Podcast, Louis Fernandes sits down with Justin Spillers, co-founder of Real Estate Alpha and VSF Rentals, to break down how his team built a vertically integrated multifamily operation managing 700+ units across Ohio.

They discuss:
• How Justin’s team renovates apartment units in 7 days
• Why speed is their competitive advantage
• Building in-house leasing, construction, and maintenance teams
• Underwriting 1,200+ deals per year
• AI inside leasing, hiring, underwriting, and operations
• Scaling systems before things break
• Why most operators fail at execution, not acquisitions

This is not theory.
This is operator-level execution at scale.

Justin started as a real estate attorney before moving full-time into multifamily investing and operations. Instead of outsourcing management and construction like most operators, he and his partner built everything in-house.

Today their company:
• Owns and manages 700+ apartment units
• Operates with a 60-person in-house team
• Underwrites over 1,200 deals annually
• Renovates units in as little as 7 days
• Maintains 97% occupancy
• Uses AI across acquisitions, leasing, hiring, underwriting, reporting, and operations

What stood out most about Justin is how operationally obsessed he is.

Every process is tracked.
Every KPI is monitored.
Every bottleneck gets attacked.

This conversation goes deep into:
• Building systems that survive scale
• Why leasing is really a sales organization
• The hidden operational failures killing most multifamily operators
• AI’s real role inside real estate businesses
• Why speed is becoming the ultimate advantage

This wasn’t a motivational podcast.
This was a masterclass in execution.

• Website:
realestatealpha.io

• LinkedIn:
https://www.linkedin.com/in/justinspillers/

• Email:
jspillers33@gmail.com

• Phone:
419-305-3732