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Updated over 3 years ago on . Most recent reply

User Stats

11
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4
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Joseph Humphreys
  • Rental Property Investor
  • Richmond, VA
4
Votes |
11
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How to start in Multifamily Investing

Joseph Humphreys
  • Rental Property Investor
  • Richmond, VA
Posted

I just got out of college and have bought a SFH and it is serving me as a college rental property with an annual ROI of 72%. I am working on other college rentals in the same area as we speak. However, I would like to get in on bigger multifamily deals. Where do I start to look for partners on deals or how should I approach getting into this market?

Most Popular Reply

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199
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266
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E. C. "Stony" Stonebraker
  • Rental Property Investor
  • Coral Gables, FL
266
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199
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E. C. "Stony" Stonebraker
  • Rental Property Investor
  • Coral Gables, FL
Replied

@Joseph Humphreys The previous suggestions are excellent.  You should search for multifamily meetups and events, either in your area or events that have large CREI attendees.  Look for events put on by the names you recognize from online searches or podcasts and find out what you can about the events.  But talk to others on BP or other online channels to find out if the events you've found are more sales pitches for the sponsor's coaching or other programs.  Many will be fine, but others are just to get people to spend more money on programs of moderate value.

Finding partners is about networking and meeting people to find people who you are compatible with and who need help from less experienced people.

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