Hello all - multifamily is "Pay to Play" - Which Multifamily GP operator as Mentor?

[Nicole Wang]

I heard the multifamily space is "Pay to Play". What Multifamily GP operators as coach / mentor would you recommend to partner with for hands-on deal experience in the Texas triangle? How can I bring value to them as a new investor.

Me and my partner have purchased, renovated and operated multiplex (triplex) properties in Canada. Now we are looking to purchase our first Multifamily apartment deal. First time syndicator.

At the moment, we are focused on equity raising and deals sourcing, and plan to partner with experienced multifamily operators on a deal in Texas. We have some contact here in Canada who have closed on 100+ unit multifamily deals in the Texas region.

We are focused on 75-200 units, class B+, with 7% go-in cap rate. The plan is to buy it, rehab it, refinance then pull out capital to the next deal one. 

Open to feedback or suggestions. Thank you all!