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What's your biggest challenge right now?

I want to make sure I write and podcast about what you want to hear about. So let me know what kind of stuff would be the most useful to help you along your journey as a commercial real estate entrepreneur.

Please leave your comments below. Thanks !!!

7 Responses

  1. Michael,
    So good hearing from you today! Thank you for your guidance and feedback about my journey in this thing we call Multifamily. I appreciate your feedback. My challenge moving forward will be setting meetings with potential JV partners. I will have to read up on this so that I add that skillset to my tool belt.

  2. Thanks for the tips & encouragement Mike,

    I think 4 most of us it would be: “The First Apt. Deal”

    After all, we will need 3-4 investors to go “in” with us to “git ‘er done”
    Could u develop a “Step-by-Step” Manual we could use like a Pro-Football coach’s “Playbook”;
    I know it would help me alot & probably most others.

    I’m in Orlando, FL and prices are creeping upwards, it may be best 4 me to buy in Jacksonville or Alabama ?

    (*) 2 items need to be addressed:
    1) How to do “Your 1st Apt. Deal”
    2) Hot to assess and purchase an Apt. (40-60 units) out-of-state?
    (via the Internet, emails & phone calls to Broker, property inspection, environmental Report,etc)

    Thanks 4 the help, Josh Holliday, Orlando

  3. I would like to know in an apartment building purchasing what to look for and how to structure the deal.

  4. Great idea Michael regarding the podcast!

    I think previous posts touched on some good starting points with the biggest being, how to gain investors when you are brand new to syndicating.

    I think one thing for me as well is the question of, “Okay, I might have some potential interested people….now what?” Do you over fund your deals to ensure you have enough capital, how to get from interested investors to a closed deal,….etc.

    Keep up the great work!

  5. Robert – that should be your top priority! Make sure you read my ebook that hopefully addresses this in more detail.

  6. Josh – thanks for the feedback! I agree, out of state investing should be addressed, becoming more and more important as some parts of the country get hotter.

  7. Nick – also good feedback. I will need to provide more details of what to do AFTER you get a verbal commitment from your investors, i.e. how do you get from there to closing and money in escrows. Thanks!

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