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Updated over 4 years ago,
GOAL: Apartment Building Under Contract in 90 Days
Life is too short to be small! We are focusing on building our TEAM, finding our DEAL and raising the MONEY. Our outlook is if we find the right deal, then the money will follow and will be looking to be General Partners with someone with the capital or a team of individuals with the capital. We have done our research and found our target market. But we won't figure out all of the minute details until we take ACTION. The goal is to be under contract for a 10-100 unit apartment building/complex in central North Carolina with a minimum 8% CoC Return (Year 1) and 14% IRR (Year 5) in 90 Days.
For all those who have experience in apartment syndication - please send any lessons learned from starting out. Thank you in advance.