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Updated over 3 years ago on . Most recent reply

User Stats

60
Posts
20
Votes
Albertinny Colin
  • Charlotte, NC
20
Votes |
60
Posts

76 unit walkthrough. I'm a newbie.

Albertinny Colin
  • Charlotte, NC
Posted

This coming Monday at noon, I'll be touring my very first large multi family property, a 76 unit in Dallas, NC 

by myself...

😅

I believe this is a great value add opportunity and a good first deal. I'll be submitting an LOI shortly after touring.

What are some of the best ways to build a team for this deal?

Most Popular Reply

User Stats

1,221
Posts
689
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Jeffrey Donis
  • Investor
  • Durham, NC
689
Votes |
1,221
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Jeffrey Donis
  • Investor
  • Durham, NC
Replied

Hey @Albertinny Colin. I'd encourage you to attend meetups in your area and build relationships with nearby investors. In person networking will lead you to the best people, and will allow you to build stronger relationships faster. 

As far as building a team for apartment investing, I'd start by identifying what your strengths are. In this situation, you have a deal. So, you might need to find a partner who can raise capital. You also will likely need a partner who has a high net worth that sign off on the loan as a guarantor. 

I am in the Triangle area of NC. I'd love to connect with you.


Good luck, hope the tour goes well!

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