Seeking Equity Partners ($50K+) for 20–40 Unit Multifamily Acquisitions
New to Real Estate · Melbourne FL · Member since 2025 · 31 posts · 11 votes
Hi everyone,
My name is Jorge and I operate Turey Property Group LLC, based in Central Florida.
I’m currently focused on acquiring value-add multifamily properties in the 20–40 unit range throughout Central Florida (Space Coast) and the Southeast.
My strategy centers on identifying underperforming apartment properties where renovations, operational improvements, and stronger management can significantly increase NOI and long-term value.
I’m currently building relationships with equity partners interested in participating in multifamily acquisitions.
Typical investment participation is $50K+ per investor, though larger contributions are welcome depending on the deal.
Opportunities may include:
• Value-add multifamily acquisitions
• Long-term hold strategies
• Cash-flow and appreciation potential
If you're interested in connecting about future opportunities or discussing multifamily investing, feel free to reach out.
Always happy to connect with other serious investors in the space.
Jorge
Turey Property Group
@Jorge Torres Welcome to BP. I'm going to give you some honest feedback because I think this post is going to get you zero responses in its current form — and it doesn't have to.
The problem: You're asking strangers on the internet for $50K+ with no track record shown, no deal on the table, and no numbers to evaluate. Put yourself in the investor's shoes — would you wire $50K to someone whose post says "I'm currently building relationships" and "future opportunities"? That's not a pitch. That's a placeholder.
Here's what would actually move the needle for you:
1. Lead with a deal, not a request.
Nobody invests in a syndicator. They invest in a deal. Find a specific 20-40 unit property in the Space Coast market, underwrite it conservatively, and present the numbers: purchase price, per-unit cost, current NOI, projected NOI after renovations, renovation budget per unit, projected cash-on-cash, IRR, equity multiple, hold period. When an investor sees "24 units in Cocoa Beach, $2.1M, current NOI $95K, projected NOI $155K after $8K/unit renovation, 9.2% yield on cost, 18% projected IRR over 5 years" — that's something they can evaluate. What you have now gives them nothing to say yes to.
2. Show your operational edge.
You mention "stronger management" as a value-add lever. That's what every syndicator says. What specifically makes YOU the operator who can increase NOI on a 30-unit in Melbourne? Do you have property management experience? Have you managed renovations? Do you have contractor relationships in Brevard County? Do you know the rental market well enough to tell me what a renovated 2BR/1BA in Palm Bay rents for vs. Satellite Beach? Investors fund operators who know their market cold — not people who are "focused on identifying" properties.
3. The structure matters more than you think.
Before you raise a dollar, you need to answer these questions — because your investors will ask them:
- Are you doing a 506(b) or 506(c) offering? (This determines who you can legally solicit — and posting on BP like this may create issues if you're doing a 506(b), which prohibits general solicitation.)
- What's the GP/LP split? Preferred return?
- Do you have a securities attorney? Because raising equity from passive investors for real estate is a securities offering, full stop. SEC Regulation D applies.
- What's your skin in the game? How much of your own capital goes into each deal?
4. Credibility compounds — start building it now.
Instead of posting "seeking equity partners" with no deal, try this approach:
- Post detailed market analyses of the Space Coast multifamily market. What are cap rates trading at? What's the rent growth trend? Where are the undervalued submarkets?
- Share your underwriting framework. Walk people through how you evaluate a 30-unit value-add.
- Engage in other people's deal analysis threads with substantive analysis.
Do this for 60-90 days and you'll have investors reaching out to YOU — instead of you reaching out to them with nothing to show.
Central Florida multifamily is a legitimate market with real opportunity right now, especially in the 20-40 unit sweet spot where institutional buyers aren't competing. You're pointed in the right direction.
But capital follows credibility and deals — not introductions.
Get a deal under contract, underwrite it publicly, and this post writes itself.