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Updated about 1 year ago,
Seeking A 100+ Unit Multifamily Mentor. Willing To Work For Free (Skillset Included)
I AM SEEKING A 100+ UNIT MULTIFAMILY PROPERTY MENTOR
I Am Willing To WORK FOR FREE
My goal is to become a partner in 100+ Unit Multifamily Communities (Apartments or Assisted Living) by providing value using the skillsets that I've outlined below. I am ready and willing to Work For Free for the opportunity to have equity in a deal, and in hopes that we do more deals together in the future. I am willing to learn, and ready to roll.
How I Can Provide Value
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- 6 Years of Professional Wholesaling Experience (i.e. I do it the right way. I'm a broker and am held to a much higher standard)
- 2 Years of Brokerage Experience (North Carolina)
- 1 Year Leasing Experience with Caliber Living (RIP). Second Top Leaser in the company (southeastern region) leasing a 1,011 bed Student Living property named Bellamy Greenville. I use the "advisory" approach to leasing. I have experience with Entrada.
- I'm Willing To Travel to properties, walk units, document findings and report back so we can nail down deferred maintenance. Out of State is fine. Out of "the states" would take me time since I'm waiting on my passport.
- I can Perform Market Surveys to discern market rents and subsequently loss/gain to lease.
- I understand how to Read Leases and am confident in my ability to Certify Actuals.
- I am able to assist with Developing Recognizable Branding that differentiates our property from the competition. I do not do the graphic design or Social Media/Printing work myself. I study colors, the community and the competition and use that info to guide me in developing not just a brand, but a recognizable community following. (See our logos for an example) This is done by plastering our logo everywhere, but on very professional looking mediums (Reach out for examples).
- I Develop Professional Looking Mediums either myself or by guiding a professional. If it looks like trash, I won't put my stamp of approval on it. Designs and Brand need to be congruent. This goes hand in hand with my Advisory approach to leasing and Branding. The three aforementioned are the things I'm stingy about.
- I have zero issue getting in front of a camera. When I do, it's organic. Nothing like the "professional" videos that make people snore. I'm me, and people have responded positively thus far.
- I Develop Automations using Podio Automator and work with some APIs (I'm not very good but can figure them out. I understand enough to guide someone). I've developed a CRM, Communication Flows, Lead Flows and Deal Analysis Calculators. Simple Is Smooth & Beautiful.
- I'm Practicing Multifamily Property Analysis and have a basic understanding of the numbers, but am not adept. I'm currently putting together spreadsheets and doing my best to come up with an offer price based on performance (NOI).
- I'm Learning How To Analyze Potential Markets and am trying to understand trends that make them ideal for 100+ unit multifamily investment. I know how to find population growth, jobs growth, rents (having trouble finding rent growth), median home value and median household income.
- I worked in a local hospital for 12 years as a Nurse Assistant/Carepartner and understand the care industry from that perspective.
- I'm a Fast Starter (Kolbe Index). I can get the ball rolling , but have a VERY HARD TIME doing it over time. That leads to a couple of challenges:
Challenges
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- I'm Strong In Sales/Leasing For A Time, but I burn out easily. Max is two months before I get too stressed to continue. I'm far better in the capacity of TEACHING leasing agents and communicating what's important (ADVISING CLIENTS & UNDERSTANDING THE LEASE) so they can go out and do it.
- I'll get in front of the camera and assist with concepts, but I Am Not Good With Social Media Strategy, Planning & Execution. I embody the community, but I need people to help me promote it.
Thanks so much for taking the time to read the above! If you Own/are a Managing Partner in 100+ Unit Multifamily Properties and are interested in taking on a mentee, send me a message! I'm looking forward to speaking with you and providing as much value as I can!
- Scott Johnson
- [email protected]