@Bob Starlin Due diligence is one of the least-talked about topics because it is not as sexy as other areas.

I have been interested in investing since my teen years and have read a lot over the years about it but have never put anything into action.

If anyone would care to elaborate.We're targeting low to mid-teens all in IRR (5 year holding period).

We have several smaller multifamily properties, nothing big & sexy, rather GOOD solid money-makers with good tenants that we don't have to (anymore... after one inherited tenant eviction) chase people for rent.

Everybody wants the sexy high end of the market, everyone looks down on the low end and how many people are in it.All you really have to do to succeed in low-cost landlording here is to have the basic skills and time available to keep up the older, well-built properties.

alot of this I think would be determined on personal goals of yourself and family followed by goals of your future for example I bought my first house 2 years ago small little 3 bed 1 bath thought great started now i have 1 5 year old terror I already see the drama of a girl in teens sharing a bath room -_- I would give ANYTHING to go back 2 years and buy a duplex "but I cant" sooo I now have great sweat equity built into my home and will be taking a heloc out on it to do my first deal.

But that doesn't make for a "sexy" topic on a podcast.

The goal of a MF sponsor/syndicator (typically) is to return their investor's money within 5 years and deliver IRRs in the north teens or low 20's if you're lucky.

Hypothetically, if I had a deal that I wanted to put in front of a pool of investors, that underwrote to a mid teen CoC and above 20% IRR, however requires only a small equity slug - does anyone have any advice on finding an audience with those yield requirements?

Your best bet is to pay down your credit card debt, it isn't sexy but paying it down gives you a guaranteed return of 15% or more depending on your rate, that sounds like a no brainier to me.