Multi Family and Commercial Real Estate

[Zachary Clevenger]

Good Morning BP!

For the last few months I have been reading, educating myself, listening to specific podcast, trying to analyze things, run numbers, learn the "language", and immerse myself into investing in real estate. The more I dig in the more I am starting to get an idea of "what" I want my niche to be or focus my attention on.

At first I was interested in SFH and buy and hold strategies. This could be done via BRRR or turn key. But the more I have educated myself, read, and looked at what is going on in my area (development wise) I do not foresee this as being what I desire.

I briefly looked into wholesaling, etc., but I have zero interest in this area of real estate.

The next are I looked at was multi family. The idea of multi family is somewhat appealing, however not on the smaller scale of duplex, triplex, quadplex, etc. -I am thinking larger (eventually)

However, the area I find I keep gravitating to the most is commercial real estate. The idea of having my hands on a beautiful piece of architecture that is also providing me with income, and investment opportunity excites me!

I am starting to load up on a few books by Frank Gallinelli, and Peter Harris to begin. I have also begun focusing my audio books/podcast on commercial and larger multi family units.

Some things on my agenda:

Educating myself on cap rates, NOI, analyzing multi family (complexes) and commercial properties, and financing to make it all happen.

I would be extremely interested in shadowing, learning, and/or assisting someone as I have much to learn in the Greenwood - Franklin - Indianapolis - Carmel - Fishers - Noblesville areas that specifically works with commercial real estate or large multi families.

If any one knows of such a person I would love their contact info so that I might be able to reach out to them and at the very minimum have a cup of coffee, drink, or lunch to network.

Thanks for being fantastic BP community! You guys rock and thus far I have networked and made two new friends that would have not been possible without you!

-Zach

[Chris Eaker]

@Zachary Clevenger

Good for you for educating yourself. I started educating myself in the multifamily area over a year ago, and I now have my first property under signed LOI. It's been a long and very rewarding road so far. I recommend Rod Khleif's book How to Create Lifetime Cash Flow Through Multifamily Properties. You can download it for free. If you haven't already, learn about syndication. This will be your key to getting into big multifamily properties. You may also want to join up with a coach. There are some good ones , such as Joe Fairless, Michael Blank, Brad Sumrok, and Rod Khleif. Let me know if I can help.

[Zachary Clevenger]

@Chris Eaker

Thanks so much!

I am very excited and eager to grow. I'll look into the information you provided.

To me, multi-family and commercial seem to be the best long term for financial stability.

[Louise A.]

@Zachary Clevenger - I'm a multi-family investor and would be happy to grab a quick coffee with you sometime before July 16.  Email me if you're available.  Thanks.  

[Zachary Clevenger]

@Louise A.

Yes ma'am!

I'll be in touch shortly.

[Kay Kay Singh]

I am a real estate investor in Fort Wayne and I am also interested in multi family like an apartment complex in Indianapolis area .i have been researching and educating myself for the last six months and like to connect.