MB 010: How to Go From a Few Rentals to a 168 Unit Apartment Building Deal With Joe Fairless
Join me as I interview Joe Fairless share his journey from just a few rental properties to his first apartment building deal, a whopping 168-unit property!
MB 009: From College Straight To Commercial Real Estate with Kaveh Shirazi
I’m super stoked to talk with Kaveh Shirazi who unbelievably turned down a dream job right after college and decided to get started with apartment building investing. I guess he didn’t get the memo that he should have gotten a safe job with benefits, then saddle himself with house, kids car and retire at 65! […]
MB 005: From Full Time Job to Apartment Empire with Brian Burke
Brian Burke started flipping houses on the side while still employed full time. Over the years, he’s not only built the house flipping business but amassed several hundred multi-family apartment building units. Let’s listen to his story!
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Power Negotiating Apartment Building Deals with Side-by-Side Scenarios
When you get a deal in from your broker, the marketing package usually provides actual financials as well as “pro forma” financials, i.e. the way the building should perform if it were managed perfectly. Most often, the asking price is based on the pro-forma net operating income at the prevailing cap rate for that market. […]
How to Project Investor Returns When Analyzing Apartment Building Deals
Because I syndicate most of my apartment building deals with investors, my primary investment criteria are the returns for the investors. Even if you don’t use investors, your desired returns should drive your analysis. In this video, I use the Syndicated Deal Analyzer to project the returns for both the investors as well as yourself.
What Should Your Apartment Building Investment Criteria Be?
Before you start investing in real estate, you have to be clear about your investment criteria. I call this your “trading rules”. Many years ago, I spent a year or so trading options. I took a bootcamp and signed up with a mentor. I did OK (I made an average of 7% during this time, […]