OPM - How to Syndicate with Success
Thursday, May 03
I get asked a lot of questions about syndication by people that are interested in investing in syndications and by others that are interested in putting one together. Syndication can seem daunting and the thought of raising money can be intimidating. With a little bit of knowledge and a paradigm ...
Your Building is Falling Down!
Thursday, April 26
In the previous article I talked about estimating repairs and how to quickly and accurately get an estimate. We covered that along with ages of properties and what to look for in our latest podcast episode. I want to discuss further about some of the major things to keep an eye out for when doing...
Estimating Construction Repairs
Wednesday, April 18
After completing well over 100 renovation projects ranging from $20,000 budgets to budgets near $1,000,000, I have learned a few things about estimating costs. I have learned that it is really easy to under budget. Even with the experience that I have gained, I tend to under budget vs. over-budge...
Apartment Investing: Management
Friday, April 13
When you buy an apartment building you need to decide whether you will manage it or if you will hire that out. There are advantages and disadvantages to both and we will cover some of those as well as focus on Managing the Property Manager if you do decide to hire one. First off, from a managemen...
Syndication - The in's and outs of raising private equity
Wednesday, March 21
Purchasing a $20,000,000 apartment building can be a daunting task. The biggest question that comes to mind is how do I buy a $20 million building when I don’t have $5-$6 million sitting in the bank? There are a few different answers to that question. First, partner with some friends that have a ...
Getting an Apartment loan
Tuesday, March 20
Right when you have a purchase and sale agreement signed, you will want to begin securing financing on your new building. Even before that you should have talked with lenders about what you are doing, given them your financials and prepped them about the property type you would be purchasing so t...