You know that owning an apartment building is a good investment. In fact, we believe multifamily real estate syndications are the best investment on the planet.
Who doesn’t want to get those envelopes of door money in their mailbox every month?
But a building is a big investment. You have to be wealthy to own an apartment building, right?
Can You Own An Apartment Building if You’re Not Rich?
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You may be surprised by my answer. The truth is, you don’t need to be rich to buy an apartment building.
You don’t have to scrimp and save hundreds of thousands of dollars before you can get started in multifamily.
You don’t have to have a lot of cash to buy an apartment building, because you can buy a building using other people’s money.
Where does the money come from?
It may sound like a daunting task to convince these other people to give you their money. But it's probably not as difficult as you think, and here’s why…
People with money are going to invest it somewhere. They’re looking for the best place to put their money – the lowest
risk, best investment.
And that's where you come in.
You’re not going to be asking people to give you their money. You’re going to be educating them about an opportunity.
First, you have to educate yourself. You have to learn as much as possible about multifamily investing and your business. When you’re excited about your syndication, you can share it with people in a way that gets them excited, too.
You can meet your people at networking events, on social media, in discussion groups…and even your own backyard.
We think your friends, co-workers, and family are a great place to start.
There is money for your deal. It’s not only out here, it’s all around you. The people you already know and trust, who already know and trust you are going to want to know about your deal.
You’re not asking them to do you a favor, you’re providing them with a service.
Remember, people with money all want the same thing – consistent, predictable returns.
The want an alternative to the volatility of the stock market, especially these days.
Your deal provides that alternative. Compared to other investment opportunities, multifamily is relatively safe.
When you education others about your deal, and raise money from your friends and family members, you are offering them a solution.
How many people do you need?
You’re probably thinking you’re going to have to find a lot of people to raise enough money to buy a building, but think of it this way, if you find five people who are motivated enough to invest $50,000, that’s a quarter of a million dollars raised.
It’s not such a daunting task when you realize, all you have to find are investors who believe in you. Finding the first one will boost your confidence and influence the way you approach the next one.
You don’t have to be rich to own an apartment building because multifamily is such a good investment, it sells itself. It’s truly not that difficult to buy an apartment building without using any of your own money. It’s an exciting adventure!