Josh Wollaston is co-founder of SPG Capital, focused on private lending and rental properties. He reveals how W-2 income helped fund the first rental, how a BRRRR-style strategy changed the capital equation, what happened when rising interest rates dried up deal flow after he left Citibank, and why the real entrepreneurial shift starts when we move from owning assets to solving market problems.

Josh Wollaston is co-founder of SPG Capital, a private lending company operating alongside a multifamily rental portfolio. Beginning with a single rental property purchased in 2016 while working a W-2 role at Citibank, he spent seven years scaling to a 50-plus unit portfolio using a BRRRR-style approach that recycled private capital through distressed assets. After leaving corporate life in 2022, he pivoted into private lending when rising interest r ...