6 Creative Ways to Break into Multifamily Syndication
Sunday, August 04
So you want to become a multifamily syndicator? Well, you aren’t alone. “How do I break into the multifamily syndication business?” is the most common question I receive. Multifamily or apartment syndication is simply raising money from passive investors and buying apartment buildings. I have b...
Awesome Resident Recognition Ideas
Sunday, August 04
Recently I was brainstorming ways to recognize my residents of a large apartment community. I want to let them know we value their role in our community and appreciate everything they do. That’s the human objective. The business objective is to develop more of a sense of community and goodwill w...
11 Questions to Ask When Buying Apartments
Saturday, August 03
Anytime you evaluate an apartment community you need to know the income, expenses and debt service. You also need to get answers to these 11 questions… Why is the seller selling? 1031 exchange sellers have a completely different motivation level than sellers looking to “entertain offers”. Estate ...
When do you know you’re ready?
Friday, August 02
In sports, coach tells us when we’re ready to enter into the game. In our professional life, our boss tells us when it’s time for us to be promoted and take it to the next level. But, in real estate, only we can tell ourselves when it’s time to take action. So, when do what know we’re ready to s...
Quickly Run Numbers on Apartments
Thursday, August 01
Let’s talk about how to quickly evaluate an apartment building deal. It’s important because there are tons of deals out there and you have to quickly know which ones you should pursue and which ones aren’t worth your time. Here are the 5 questions you should always ask: What’s the NOI?What are th...
Three Ways to Raise $1,000,000 for Your First Apartment Syndication
Wednesday, July 31
For those who are interested in learning how to raise money for real estate investment opportunities, the most important question you must know the answer to is what’s the primary reason people passively invest deals? I closed on my first apartment syndication deal in February 2014 where I raised...