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Updated over 7 years ago on . Most recent reply

User Stats

48
Posts
10
Votes
Robert Ferrell
  • Yuba City, CA
10
Votes |
48
Posts

Any apartment investors willing to offer advice?

Robert Ferrell
  • Yuba City, CA
Posted

Are there any apartment investors willing to talk about how they started in the apartment world, your first deal, any unexpected problems that may have arised and how you solved them, where you find your deals and especially how you finance them. 

Financing is my biggest issue. As of now I am still in the learning process, but I know that buying and holding apartment complexes is the path I want to take. So any advice would be much appriciated and all discussion is more than welcome! Thanks!

Most Popular Reply

User Stats

67
Posts
92
Votes
Chibuzor Nnaji
  • Multifamily Investor
  • Dallas, TX
92
Votes |
67
Posts
Chibuzor Nnaji
  • Multifamily Investor
  • Dallas, TX
Replied

Hi @Robert Ferrell the way I got my start in the apartment world was by 1st educating myself through podcasts such as biggerpockets, best real estate investing advice ever with Joe Fairless and etc. I listened to hours on hours of podcasts to get a general understanding of the business and then I found a mentor which I think is vital, especially if you don’t have any real estate investing experience yourself. So if you are just getting into this I would say the most important thing to do for now is to educate yourself as much as possible then when you feel ready to take steps forward, find/hire a mentor and start taking action.I’m still in the process of completing my first deal but my 2 cents is at the beginning of this your education is vital. One book recommendation that is all encompassing about apartment investing is The complete guide to buying and selling apartments by steve berges. I hope this helps if you have any other questions or want more book/podcasts recommendations feel free to message me! Good luck!

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