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Updated about 6 years ago on . Most recent reply

User Stats

88
Posts
167
Votes
Alex Kamunyo
  • Rental Property Investor
  • San Antonio, TX
167
Votes |
88
Posts

Looking to network with San Antonio/Houston Multifamily Brokers

Alex Kamunyo
  • Rental Property Investor
  • San Antonio, TX
Posted

Hey everyone, I am looking to network with multifamily brokers in San Antonio and Houston. I've been extremely intrigued by the large multifamily space after listening to @Jake Stenziano & @Gino Barbaro's Wheelbarrow Profits podcasts for the past couple months and reading on apartment syndication. I really think believe large multifamily is a great direction to go in right now, primarily due to the economies of scale. I have been seeing a lot of small multi-family properties that are going for $100K+ per unit, which to me is way overpriced. As opposed to apartment complexes going for $40-$50K per door. Also, value add investing at that scale seems to be extremely lucrative. Depending on your goal and strategy you can flip or BRRRR an apartment complex, the same way you would a SFH (over a longer period of course) and make a fantastic return. Does anyone know any multi-family brokers in Texas? I would be happy to connect!

Most Popular Reply

User Stats

501
Posts
504
Votes
Paul B.
  • Rental Property Investor
  • Dallas, TX
504
Votes |
501
Posts
Paul B.
  • Rental Property Investor
  • Dallas, TX
Replied
Originally posted by @Account Closed:
Originally posted by @Charles LeMaire:

As you live in TX and as you are looking for MF contacts, I suggest visiting both Brad Sumrok (BS) and Lifestyles Unlimited Inc (LSI).  I know BS spoke at a Jake & Gino event in Nashville recently (Oct?). BS's next big event is in March in DFW, but look on his web site for more info.  I believe LSU has an evening perspective member meeting each month in SA.  

I am a BS student.

 Hi Charles, just curious, would your recommendation for an experienced investor of Single Family moving into Multi Family as an eventual Syndicator be to become a Personal Student to start with or a Foundations?

 I am also a member....if you think you want to start out passively investing in syndications then Foundations is the way to go. You can always upgrade to Personal Student later on. If you are sure you immediately want to start putting together syndications (or at least looking for deals to syndicate, because it doesn't happen overnight), then become a Personal Student.

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