There is one common mistake I see investors make when evaluating multifamily opportunities: They pick a deal like they’re picking a stock. Now, it may seem wise to make investment choices based on historic and projected returns. And with the stock market, you can compare returns between stocks to help you make a decision.
It wouldn’t be 100% truthful for us to say that every multifamily deal that we do works out. Or, that every single investor makes the exact amount of money that we hoped they would make. It’s just not true.
Who can invest in a multifamily syndication? Read on to find out if you’re an accredited or sophisticated investor and learn about standard investment minimums!
It’s hard to beat the wealth-building abilities of apartments. If you’re nervous about finding a solid deal, fear not. Instead, employ THESE metrics.
Are you willing to analyze 100 deals to find ONE good one? Andrew Cushman sits down with me to discuss his first deal, a 92-unit property in Macon, Georgia, and share what he learned about vetting investors and estimating renovation costs. Listen in to understand why finding a good deal is challenging—but not impossible!