All Forum Posts by: Dani Murphy

Hello, investors! 

My name is Dani, and I’m a Co-Founder of One-9 Holdings, LLC, a real estate syndication company investing in multifamily properties in San Antonio, TX. We are currently raising capital from accredited and sophisticated investors to invest in multifamily properties with a unit count between 32-60. Investors will receive deal-specific terms and investment is on a per-deal basis. However, our minimum target return metrics are as follows: 

* Average Annual Return (AAR): 15% +

* Internal Rate of Return (IRR): 14% +

* Average Cash on Cash (COC): 4% +

* Equity Multiple: 2x +

* Return of Capital With Refinance: 60% +

* Hold Period: 3-10 years

If you or someone you know would be interested in learning more, I’d love to speak with you. If you cannot invest at this time, but you’d like to learn more about us or real estate syndications, we enjoy building relationships and would still love to connect with you! Please DM me, shoot me an email at [email protected], or fill out our investor form using this link to schedule a 30 minute phone call: https://www.one-9holdings.com/contact

Thank you!!

Hey @Mels Kumisbekov! Great question. I also love multifamily investments, and the exciting thing is that there are numerous pathways to dive into this field, even without prior experience or substantial funds. Outside of buying a property by yourself, you can explore avenues such as syndications, funds, and joint venture partnerships. These options allow you to adopt a passive or active role, teaming up with seasoned professionals who can guide you in safeguarding and expanding your wealth.

Hey @Taylor Roney, Evolve Vacation Rental has a network of STR agents that they've already vetted for folks. Here's an email address of my old colleague who still works there and can refer you to an awesome agent: [email protected]

Happy investing! 
Best,

Dani 

Hey BP Community! 

Join the One-9 Holdings founders for an exclusive webinar on "Investing Made Easy: Passive Strategies for Multi-Family Investors." Discover the advantages of multifamily investing and explore three ways for investors like you to get involved.

Date: September 5th, 2023
Time: 6:15 PM CST
Duration: Approx.45 minutes

Secure your spot now by registering through the following link: https://zoom.us/meeting/register/tJEof-GqqjMiG9V411Dy5RfHUxS...

During the webinar, you will gain invaluable insights into methods that can help protect and grow your wealth through strategic multifamily investments.

We look forward to seeing you there!

Best,

Dani Murphy 

Co-Founder 

One-9 Holdings 

Hello BP Fam! Here are some resources to help you validate your next target market:

1. Population Growth - https://www.census.gov/data/tables.html

2. Job Growth - https://www.bls.gov/

3. Median Household Income Growth - www.City-Data.com

4. Median House Value Growth - www.City-Data.com

5. Crime Index - www.City-Data.com

6. Rent Growth - https://www.apartmentlist.com/research/national-rent-data

7. Cap Rate - Brokers / Appraisers / PMs in your market

8. Personal Preference - Do you want to spend time there?

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DM me with questions! 

Hey @Ross Williams! Here are some resources to help you validate your next target market: 

1. Population Growth - https://www.census.gov/data/tables.html

2. Job Growth - https://www.bls.gov/

3. Median Household Income Growth - www.City-Data.com

4. Median House Value Growth - www.City-Data.com

5. Crime Index - www.City-Data.com

6. Rent Growth - https://www.apartmentlist.com/research/national-rent-data

7. Cap Rate - Brokers / Appraisers / PMs in your market 

8. Personal Preference - Do you want to spend time there?  

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I hope these are helpful. I'm from Dallas, and overall, it's fairly saturated and overpriced unless you go direct to seller. Atlanta would be my first pick of the two. 

Hey @Annette Barnett! We buy multifamily properties in San Antonio, TX. We've found the most luck with sending mailers to property owners and building trust with brokers to send us their off-market opportunities. 

Mailers are not inexpensive, but we've fine-tuned this strategy and have found this to be a great way to avoid broker fees as well. 

Best,

Dani  

Thank you for your post, @Kate Lee! Another perspective to consider is focusing on larger multifamily properties, where economies of scale come into play. For instance, having 10 vacancies within a 200-unit property equates to only 5% vacancy, in contrast to a 4-unit property where a single vacancy amounts to 25% of the whole. One or two vacancies could kill your cash flow with smaller deals. 

Investing in larger multifamily properties brings several advantages, including reduced property management costs, increased flexibility in handling vacancies, and the potential to enhance value through renovations and adjusting rents to match the market rates.

Moreover, investments in large multifamily typically provide robust cash flow that can effectively cover debt service even in this interest rate environment. It's an avenue that offers more stability than retail, industrial, and office amidst market ups and downs.

Syndications, Funds, Partnerships, etc. are ways to get involved with this asset class. 

Happy Investing,

Dani 

@Bradley Jernigan, great question! I also believe it depends on how you're structuring the deal and your investor's requirements. For instance, if your investors require a higher ROI and want their cash back sooner, maybe you're looking at a value-add deal (depending on the deal). Conversely, if they just want something that prints money and will accept a lower return, then stabilized deals may start to make more sense.

We like value-add deals, but look for cash flow on day one and underwrite for ample reserve capital to remain conservative. What are you looking to take down this year? 

Hello everyone! 

I'm excited to announce an upcoming educational webinar where we will be discussing three methods for passive investment in multifamily properties. If you're interested in learning more about this topic, please feel free to register below or direct message me for further information!

📅 Date: September 5th, 2023

⏰ Time: 6:15 PM CST

⌛ Duration: Approx. 45 mins

Register Here: https://zoom.us/meeting/register/tJEof-GqqjMiG9V411Dy5RfHUxS...

During the webinar, you will gain invaluable insights into three methods that can help protect and grow your wealth through strategic multifamily investments.  See you on September 5th!

Best,

Dani Murphy

Co-Founder

One-9 Holdings