Updated about 4 years ago on . Most recent reply
Trying to Invest in Multi-family from Out of State
Hi All,
Hope everyone is staying warm. I, like many on this site, am looking to get more serious with my real estate investing and am seeking to partner with a team to take down small commercial multifamily properties. Thinking 5 to 10 units for now, and then hopefully more units down the line.
What I can bring:
- Deal analysis experience -- I've underwritten a number of deals ranging from duplexes to 412 units. I'm also currently an MBA student pursuing real estate full-time, so I might be able to apply that knowledge to personal invest
- Potential access to capital -- via the MBA network and my commercial real estate role. I have a few friends who are also interested in being silent partners on deals as well.
- Platform-building experience -- I have a marketing background via Mailchimp, some website building experience, etc.
What I'm looking for in a partner:
- Operational Experience with GCs and deal flow
- Boots-on-the ground knowledge of a market outside of my own: I have an investment property in Kansas City, MO and have been keeping an eye on the overall market from a distance, but don't know the granular street-by-street details.
- Relationships with local lenders
- Long walks on the beach...wait a minute...
If anyone's interested in potentially working together, please send me a PM and we can jump on a call to see if we're a fit. Thanks in advance!