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Updated over 7 years ago on . Most recent reply

User Stats

180
Posts
37
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Matthew Wright
  • Investor
  • Windham, ME
37
Votes |
180
Posts

Who has the best coaching program for Apartment Building Invest..

Matthew Wright
  • Investor
  • Windham, ME
Posted

Ive seen a handful of what look like really good coaches, with programs teaching how to raise money to buy apartment buildings, in different markets. Im interested in syndicating deals in the multifamily world, however I would like a coach/mentor to help kick things off, so I'm looking for reviews from anyone who has personal experience with an apartment building investment coach.

Most Popular Reply

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933
Posts
1,127
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David Thompson
  • Investor
  • Austin, TX
1,127
Votes |
933
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David Thompson
  • Investor
  • Austin, TX
Replied

Matt,

I get this question a lot.  @Percy N.  I like Percy's response.  I think you should understand what you are looking for in a coach before you go interviewing several of them. Most coaches will have decent content or program to learn the language, analyze deals, markets, etc.  The separators might be:

Cost

Time w/them (flexible for your schedule; frequency, etc)

Are they doing deals w/practical real world experiences to share (or just teaching)?

What's their network size and breadth, can that be leveraged to help w/your deals ?

Can you help on their deals - i.e raise capital (this was a separator for me)

What other business / skills does your coach possess and willing to share that will help you grow your business?  

When I started out I hired a coach who not only was doing big deals and had deal flow to learn, but I also got to participate by raising capital, growing my investor base and experiences off his credibility.  He also possessed business building and marketing skills that helped me reach more investors and grow my experiences.  Link below may help you think about what's possible in this business w/a coach.

https://www.biggerpockets.com/blogs/9145/61278-wor...

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