Hi there everyone, my name is Keenen Donatelli. For the last 2 years I've been a relentless podcast/youtube student trying to find my niche & learn the ins & outs of REI. At this point the only way to move forward is to put my knowledge into action. Right now my priority has been to find the cities that I want to invest in & start building the teams to complete a similar objective in those cities. ( Salt Lake City & Phoenix )
While escaping the rat race sounds nice, my main point of focus currently is getting the formula perfected for investor returns & building a portfolio of succesful projects under my belt and creating that credible track record. I want to have a strong team with the same mindset of creating a strong pipeline for continous expansion.
My plan of action:
Multi Family - 12+ units; buy and hold
70/30 split to investors
BRRRR
Value Add - Physical ( Reno, Amenities, etc.) and/or Operations ( Managers, Staff, paybacks etc. )
Reach Market Standards
Stabilizing within 2-5 years for refinancing given market condition to return raised capital
Cash Out Refinance, given that is what the invested partners are interested in
Monthly profit returns after expenses
Overall what I am looking for is Sponsors to help with signing & securing loans, also Limited & General partners. I am currently a caregiver for my great grandmother so time is something I have lots of and will continue to have for finding deals and negotiating.
If you're an Investor or Sponsor (Limited/General) interested in BRRRR projects in the Utah & Arizona locations please send me a message with your preffered rates of return, cash available to be invested and any questions regarding my business plan, I would love to work together and find deals to make make every party involved happy.
