All Forum Posts by: Adam E.

Take a look at the last thing Mark said; many many investors know that a recession means stellar returns for multifamily, so I think you would be doing a disservice to yourself by waiting for deal structures to change when they very well may never do so.

@Duke Giordano

Deal flow could very well increase, though default rates are minuscule for multifamily and hardly change in recession so it won't be from that as it is in single family. What will happen is that cap rates will increase, so more deals will work, then cap rates will decrease again as the properties begin to stabilize, then the profits for GPs and LPs alike will be fantastic.

Honestly I don't think preferred returns will change much unless an individual syndicator is desperate (and I would personally never give a desperate person my money). Sydicators and investors alike know that you don't need a bigger piece of the pie when the pie is getting bigger.

Money may dry up, but any good syndicator worth investing with will have enough investors lined up to keep funding deals in a slow market. Those investors know that the slow market means better deals and better deals means better returns. Better returns will come with the better deals, they won't come from changing deal structures. That would translate to that syndicator devaluing his or her services, which would hurt their reputation and their incentive to perform. 

I would highly recommend finding a syndicator who you know can do a good job in a tough market and getting your money with them as soon as possible, because by the time you are able to do so, any good syndicator will already be capitalizing on any market shift we experience.

Good luck!

@Michael Daharsh

I HIGHLY recommend you look into Neal Bawa with MultifamilyU.com and Grocapitus. He is the most innovative and smartest guy in the multifamily world that I've ever met. 

Look him up; you will not regret it.

Good luck!

I've heard great things about them too, but now that in-person events are getting canceled, you might want a good online resource. MultifamilyU.com has tons of free info and Neal Bawa, the CEO and Founder of Grocapitus and Multifamily University, is the most innovative and smartest guy I've seen in the multifamily world, so you'll get a ton of value from him whether you want to invest with someone like him or if you want to start on your own. Definitely would recommend starting there before spending any money on any seminars.

Good luck!

I agree with @Mark Allen Kenny that multifamily is the best place to put money into right now. He spells it out very well so I'll save you the extra reading, but check out MultifamilyU.com if you want more info. Neal Bawa with Grocapitus run the tightest ship I've seen in the Multifamily world.

Good luck!

Take a look at MultifamilyU.com, they have a ton of free information on the subject like looking for good markets to invest in and how to manage your assets once you've gotten past the acquisition phase.

Good luck! 

@Donovan Warren

If you're looking for the best, I think Neal Bawa with Grocapitus and Multifamily University is the best person to model. Lookup those two companies--Grocapitus being Neal's syndication company and Multifamily University being his education company--and you'll likely learn everything you need for free. His Marketing Director of Social and Local Engagement, Eric Bleau, has been my mentor for the past few months, so I am a little biased maybe, but it'll be a great resource for you nevertheless. 

Good luck!

@Ryan Goff

Hey, I just replied to your older discussion on the topic so I've copy/pasted my response here:

"I have not invested with Grocapitus but I have met several people who have and I go to their "Multifamily University" Meetups fairly often. They and their investors don't typically spend much time on BP because they get the most value from meeting with Neal and his team in person at meetups and on phone calls.

Grocapitus is the most innovative syndication company I have ever seen though, so I would highly recommend attending their webinars and getting involved with them as an investor.

For full transparency, his Marketing Director of Marketing and Social Engagement, Eric Bleau, has been my mentor for the past several months so I am a little biased, but, having personally been to multiple boot camps and having met several syndicators like Vinney Chopra and Anthony Chara, I can confidently say that Eric and Neal are two of the smartest, and most well-put-together players in the multifamily syndication world I've met.

Also, I'm sorry they don't have much BP presence, their investor relations management team is Neal and one other person so I guess they haven't found time to come out here. Let me know if you have any questions! I'll try to be more active on here :)"

Hello Arnold!

Hopefully you and your family are all safe during this crazy time. I figured the extra time indoors would be a good time to hop on BP.

I don't work extensively in the residential world, so I don't have any referrals to offer, but I do know a decent amount from experienced investors and it's been said to me many times that, when starting out, it's best to build a portfolio of a few houses that you manage yourself so you can leverage the larger amount of business for decent prices with PMs and so you know how to manage the manager so to say. The process is to Learn it, Systematize it, and THEN to Outsource it. 

Good luck!

@Josh Rodriguez 

How has it been going in Fairfield? Hopefully you're staying safely inside and getting some good time to research :)