Realtor · Martinez, CA · Member since 2017 · 28 posts · 6 votes
What are some solid ways to add value to multifamily investors that I want to partner with? Other than a decent amount of capital I have, being a real estate agent and having a flexible time schedule, the only thing I can think of is bringing deals and educating myself, any other suggestions?
3. Introduce the operator to other multifamily vendors who you believe will enhance, grow or improve that operator's business.
4. Be boots on the ground in your market.
5. Learn how to underwrite deals on your own, then reach out to experienced operators and figure out what their exact deal criteria is. This will enable you to use that free time generating, screening and underwriting leads up front, only bringing true opportunities to that operator.
3. Introduce the operator to other multifamily vendors who you believe will enhance, grow or improve that operator's business.
4. Be boots on the ground in your market.
5. Learn how to underwrite deals on your own, then reach out to experienced operators and figure out what their exact deal criteria is. This will enable you to use that free time generating, screening and underwriting leads up front, only bringing true opportunities to that operator.
skill to analyze the house. What's the property's value, how much would it rent for, how much repairs would needed, what kind of repairs will add value, what will ARV be after repairs, knowledge about local laws, having connections,... i think there are LOTS of ways to add value to an investor!
Multifamily investors are looking for two things: deals and capital. Help with one of those or find a way to take other "work" off their plate so they can focus more energy on those two things.
@Kevin Dean and @John Casmon covered basically everything. You mentioned capital, if you have a large net worth or are liquid you may be able to help on the loan at cheaper rate than a KP their currently using.
@Roland Osage that's a good start! I started with $100k last Juneish, i've invested it into 4 SFHs. hopefully it'll start cashflowing soon! I'm looking to step it up to MFH though.
@Michinori Kaneko ... Curious how much cashflow you expect that will get you into multi family. I believe your strategy should be to hope that your 4SFH appreciate well enough, so that you can 1031 exchange them as a down payment into a MF asset.
@Roland
@Roland Osage What type of partnership are you looking to have with these investors? There are different types of partnerships. In a nutshell, deals and capital always help. But there are other ways, depending on the type of partnership.