With the COVID-19 pandemic forcing people into their homes, more and more needed a place to stay. Multifamily investor and educator, Vinney (Smile) Chopra, seized the opportunity found in this and looked for a property where engineers from Google, Tesla, Facebook, and everybody are moving into: Austin, Texas. In this episode, he sits down with Dan Handford to talk about the deal he got, which is a 308-Unit Lakes at Renaissance Park in Austin, TX, and how he managed to pull it off. He shares with us the process he had to go through, talking about hard money, due diligence, lease audit, demographic information, and more. Vinne also taps into tools you can use to look at trends in occupancy, how to hit preferred returns, and what investment assets there are in the Austin market. This is a jam-packed episode you don’t want to miss.

Multifamily Investor Nation

308-Unit Lakes At Renaissance Park In Austin, TX With Vinney (Smile) Chopra, Apartment Syndication Expert

When you’re just starting to shift from single-family to multifamily, it often helps to be a fast learner. That is what Arn Cenedella is going for in his first attempt at apartment syndication – a 12-unit Springdale Apartments property located in Spartanburg, South Carolina. Arn’s transition from single-family to multifamily is pretty quick, but you will also as quickly realize that, with his ability to learn quickly and work with a complementary team, he is more or less assured success for this and future deals. Listen in as he discusses in detail all the things that went into this deal with host, Dan Handford. There is a lot to learn here, especially for beginners in multifamily, so if you’re one, best take notes!

12-Unit Springdale Apartments In Spartanburg, SC With Arn Cenedella, Apartment Syndicator

Like everything in life, investing in big multifamily properties is all about the right relationships. That is certainly what went on with a deal for an 84-unit property called National Road Apartments in Columbus, Ohio. Listen in as apartment investor Steven Libman joins Dan Handford to walk us through the process by which they acquired the deal. We’re going to learn about how Steven and his team used a feeder deal to solidify a relationship with the biggest broker in the market and position themselves for an even bigger deal. You are going to learn about Relationships 101 – the art of not being a pain in somebody’s neck and always executing, which is something a lot of “gurus” don’t really teach. Plus, take away a golden nugget or two about multifamily due diligence, asset management, capital raising, impact investing and more.

84-Unit National Road in Columbus, OH with Steven Libman, Apartment Investor

You can only work under somebody for so long. Especially in this industry, many investors will find themselves doing their own thing sooner or later. Apartment investor, Kyle Hetherington, is on this very journey, starting his company and becoming a Principal of Fulton Street Partners LLC. In this episode, he joins Dan Handford to share more about his investing career and the latest property he acquired called Perry Place Apartments at 70 units right outside Richmond, Virginia, and Manchester, Virginia. He talks about starting a business in this COVID environment, where his equity comes from, how he laid out his business plan for the property, and more. Follow along in this episode to gain some new insights from this property.

70-Unit Perry Place Apartments In Manchester, VA With Kyle Hetherington, Apartment Investor

Is it possible to put an asset under contract without putting boots on the ground? Apartment syndicator, Jonathan Barr, shows it is possible—not wasting your time but still ensuring the quality of the property. In this episode, he joins Dan Handford to talk about his acquisition of the 72-unit Norman Creek in Oklahoma City, OK. He takes us to how he structured that and working with a property management company and then shares the contingencies he put into place. Originally a 71-unit property, Dan shares how adding an extra unit came about. He also taps into the property’s renovations, occupancies, marketing budget, returns, and more.

72-Unit Norman Creek in Oklahoma City, OK with Jonathan Barr, Apartment Syndicator

Sitting down in Whitehaven, Memphis, TN is a 124-unit multifamily property called Shelby Pointe Townhomes, which has recently been purchased by Memphis Investment Properties in May 2020. Walking us through the acquisition and due diligence process of this deal is the company’s VP of Operations, Sean Tagge. Starting out in real estate a few years ago in Salt Lake City, Sean found his most comfortable market in Memphis, where he met his partners, Jim and Brad Reedy. Initially focusing on single family turnkey properties, their company has been doing an average of 250 flips since 2017. This is their first multifamily syndication attempt. Join in as he talks to Dan Handford about their journey to this newer, more exciting space.

124-Unit Shelby Pointe Townhomes In Memphis, TN With Sean Tagge, Multifamily Investing Expert

Relationships are everything in this business and it’s easy to see why. It’s Justin Elliot’s first foray into big multifamily and his relationship with property managers got him into a sweet deal for a 29-unit property in Augusta, Georgia called Midtown Point Apartments. Starting out in small multifamily in 2016, Justin eventually wanted to get bigger properties to expand his portfolio. In this conversation with Dan Handford, he discusses in detail how he found the deal through networking, how he got about with due diligence and fundraising and the developments that he is adding to the property. He also talks about having a three-strike rule and a contingency plan when dealing with investors in multifamily syndication.

29 Unit Midtown Point Apartments In Augusta GA With Justin Elliott, Multifamily Investor

29 Unit Midtown Point Apartments in Augusta GA with Justin Elliott, Multifamily Investor

A successful multifamily investor and syndicator, Chris Roberts holds a single family residence, duplexes, some construction, and lots of other stuff in between. He is also the Founder and CEO of Sterling Rhino Capital. Looking forward to diving into the larger multifamily properties, he enrolled in a mentor program and two weeks into it, found a deal: a 112-unit plantation townhomes in Savannah, GA. In this episode, Chris joins Dan Handford to share a little bit about his background and dive into the details of his acquisition.

112-Unit Plantation Townhomes In Savannah, GA With Chris Roberts, Multifamily Syndicator

Something big is going up in downtown Salisbury, Maryland. Joining Dan Handford on the podcast, multifamily investor, Nick Simpson talks about an upcoming 86-unit student housing property called The Ross in the charming university town. Like many cities of its size across the country, Salisbury is experiencing resurgence, and the presence of a government-funded university […]

86-Unit The Ross In Salisbury, Maryland With Nick Simpson, Multifamily Investor

Coming to the US in 1996, Jens Nielsen took the path that most Americans take. He got an education and then a job in the corporate world for many years. It wasn't until years ago that he realized it wasn't the path going forward for him. He decided to embark on the multifamily path and is now […]

38-Unit Last Vistas In Albuquerque, NM With Jens Nielsen, Multifamily Investor

Ever heard of a three-story, five-bedroom, four-bathroom multifamily urban rental townhouse with a two-car garage? That’s exactly the kind of property that features in a new 15-unit development in Montebello, California. In this interview with Dan Handford, multifamily expert, Scott Choppin, founder of the Urban Pacific Group of Companies, explains why this one-of-a-kind property class […]

15-Unit Montebello Development In Montebello, CA With Scott Choppin, Multifamily Expert

Apart from doing it yourself, the best thing to do to learn all things real estate is to take cues from people who have done it before. If you’re into apartment syndication, there is definitely a lot to learn in this episode where Dan Handford talks to Chad Sutton about a 67-unit portfolio they recently […]

67-Unit Portfolio in Knoxville, TN With Chad Sutton, Apartment Syndication Expert 

The numbers never lie almost all of the time. That is why when you are thinking of investing in a property, you must do your due diligence before diving in deep because sometimes, what appears great on the surface may not be all there is. Apartment investing expert, Jalal John Azar, is proof of that. […]

82-Unit Petersburg Place In Augusta, GA With Jalal John Azar, Apartment Investing Expert  

Closing an eight-figure deal for a huge multifamily asset is no small feat in any given day, but more so in the middle of a pandemic that has had epic repercussions for the market. Dan Handford, Danny Randazzo, and Brandon Abbott, Managing Partners of PassiveInvesting.com, are certainly up for the challenge, having closed a deal for Hawthorne At Lake […]

232-Unit Class A Asset In Charlotte, NC With Dan Handford, Danny Randazzo And Brandon Abbott, Managing Partners Of PassiveInvesting.com

Want to hear from people closing multifamily/apartment deals? Listen in as Dan Handford interviews successful multifamily real estate investors as we dive deep into the details on how they got their deal to the finish/closing line and beyond. No fluff. Just getting down to business with how investors are gaining more passive cash flow with multifamily investing. In addition to these interviews, we will also be posting the audio from our weekly multifamily investing webinars so you can enjoy them while on the go.You can join the Multifamily Investor Nation by visiting us on our Facebook page or YouTube. Free weekly webinars are available.

hubhopper

308-Unit Lakes At Renaissance Park In Austin, TX With Vinney...

hubhopper