Connecticut - Multifamily Mastermind Group

19 Replies

Last year I bought my first Multifamily (7 units). My goals this year is to buy a larger apartment building (+16 Units) with my business partner. 

I read a post about someone doing a mastermind group in Mass, and thought heck I would love to go to this if it was in CT.  I thought it would be great to set up a group of other investors that are looking to do the same or something similar. We could use the meetings to discuss deal sourcing, investment criteria, running pro-forma's on current opportunities etc. I learned a ton on the last purchase and any lessons I can share or advice I can use from other investors on this next purchase would be great.

I don't envision this being a large ordeal just a handful of investors who want to throw ideas and whatnot around.

The only prereq would be that you're in the hunt for larger multi-families.

Let me know if any interest.

@Colin Stuart

Awesome you were able to get a 7 fam! How did you finance it? 

In the facebook group there are now about 160 investors mostly in MA/RI, but some also in ct! Since these states are so close together, I could send you the invite for the group- I could also add you to the hangout group of about 95 investors where you could put your contact info etc, 

just let me know!- 

Sounds like a great idea.

Originally posted by @Steve Bracero :

@Colin Stuart

Awesome you were able to get a 7 fam! How did you finance it? 

In the facebook group there are now about 160 investors mostly in MA/RI, but some also in ct! Since these states are so close together, I could send you the invite for the group- I could also add you to the hangout group of about 95 investors where you could put your contact info etc, 

just let me know!- 

 Hey @Steve Bracero, I'm definitely interested in being part of the Facebook group. I'll shoot you a PM!

@Collin Stewart

This sounds like a great idea, if you were to get a group going, I'd be happy to join.

@Steve Bracero I financed the acquisition ($332,000) with 80%LTV, 5yr fixed rate @ 5% with a 25 year amortization through a local credit union. Its a value add property that we are hoping to hold for 4 years, have a 2.0X equity return with a 25% IRR, so far we are on track! Also please send me the Facebook invite that sounds great.

As far as the CT Multifamily Mastermind Group it seems like there is a lot of interest, so LETS DO IT!! I'll set up the event's location and keep you guys posted. 

@Colin Stuart I would be interested in joining this group!

Colin- great idea. I’m definitely interested

I would like to be included as well!

This sounds great!

@Colin Stuart Would love to join this group. Looking to invest and build relationships in CT! I think there's a very under valued market here and excellent opportunity to buy while prices are insanely high elsewhere. It's only a matter of time before CT picks up!

Looking forward to connecting with you all!

Just saw this thread, i am interested in being at the next meeting!

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