Turning a C-Class Multifamily Deal into a $1.3 Million Pay Day
When:
Where:https://us02web.zoom.us/meeting/register/tZIvcOCvrjgoGdMh4gh9w0rOsQAvpE3oQcOL
Cost:Free
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A true multifamily case study!
Chris Roberts of Sterling Rhino Capital joins us to walk through a case study of a difficult multifamily deal he and his team turned into a big success. We’ll dig into a past distressed multifamily property he turned into a $1.3 Million pay day, and how those lessons transformed his multifamily investing business.
You’ll learn:
- Running the numbers without financials (No T12s, no P&Ls)
- Dealing with deferred maintenance
- Forming a partnership
- Raising capital
- What to do when Capex winds up WAY higher than you expected
- Doing physical due diligence
- What to do if your deal falls out of contract
And more!
Our guest speaker Chris Roberts has been a full-time entrepreneur and real estate investor since 2007. Chris specializes in investor relations, commercial debt, and managing financials. Chris started his real estate career by renovating, flipping, building, and renting dozens of single-family residences, in addition to running his own property management company that manages his smaller assets. Chris is currently focused on helping others create passive cash flow through investing in larger, 100+ unit multifamily apartment buildings. Chris is personally invested in over 3,100 apartment units nationwide and has led Sterling Rhino Capital to acquire and control 1122 units across several assets in Virginia, Georgia, Texas and Denver with an estimated value of over $122MM.
Register here