All Forum Posts by: Robert Martinez

Great post @Ellie Perlman, I agree on all points. 

What type of MF property is this? I am assuming it is a smaller deal (under 25 units)? It's hard to comp any SFR to a MF deal. Would love to help but would need a little more info. Type of MF deal, location etc.

Tickets here: https://www.eventbrite.com/e/rockstar-capitals-apartment-investor-bus-tour-tickets-103447516306

During this event, attendees will get a chance to network and learn apartment investing 101 while touring actual properties owned by the award winning Apartment Rockstar, Robert Martinez.

Learn why apartments are such a great investment

Learn how to invest in apartments

See real case studies and returns over the last 10 years

Meet several other successful apartment investors

The Agenda is as follows:

- 9:00am : Early morning check in and networking

- 10:00am : Group bus tour to look at properties (snacks provided)

- 4:00pm : Educational follow up, investor panel, Q&A, and deal presentation

- 7:00pm : Cocktails and networking

VIP Ticket Perks:

Admission to the General Session and Bus Tour

Access to a Group Q&A with Robert Martinez in a Private Suite

First-Row Seating to the General Session

An Exclusive Rockstar Capital Swag Bag

All you have to do is contact the researcher tied to that property in Costar (very bottom of the contacts page). Or you can email support@costar and include all the information. 

Go on Facebook and Meetup.com and join as many Multifamily Investor meetups as you can. These free events are a breeding ground of educated apartment investors looking for newbies to take under their wing. You can learn a lot and do some very valuable networking. 

I invest in apartments throughout Texas with a strong focus on the Houston and surrounding areas. 

@Casey Maeda

If you are debt service constrained then it might get scary for you. It really all depends on how long this quarantine goes on. If it ends in the next few months I think most operators will weather the storm well. The longer it lasts the more people will find themselves in default.

I can tell you this... Since this Covid-19 my friends in the stock market have lost half or more of their money and can’t pull out. With a $400M portfolio in apartments, I haven’t lost a dime. In fact I got a nice PPP loan for additional support with my management staff.

@Andrii Shugailo

Hire a 3rd party property manager and pay the fee. It will be well worth it.

Great question Scott. Deals have started to slow down a bit because nobody wants to take a hit if they can help it. Something worth $20M today could be worth $19M next month. We have 22 MF deals currently (400M AUM) and the biggest thing hindering us in 2019 is the fear of the unknown. We walked away from 2 deals this year after being under contract and one of them cost us a $50k EMD. However, we just feel that we have to feel out the market and how MF will respond before we dive back into purchasing with confidence.

How did you post this case study like this? Very cool story.