Multifamily Investor Nation

Dan Handford with PassiveInvesting.com interviews Antoine Martel about a 1964 vintage, 20-unit multifamily investment that was acquired for $985,000. He talks specifics about how he spent time working up to being able to source this deal for his parents. The plan is to hold this asset long term as a “legacy” asset.

Dan Handford with PassiveInvesting.com interviews Andy Vaughan about a 36-unit multifamily investment that Andy and his partners acquired in June 2018 called Cambridge Apartments located in Greensboro, NC. They acquired this asset for $1.875MM and they projected to spend $110,000 in renovations. Listen in as Dan uncovers some various aspects on this acquisition which could help you in your next acquisition.

Dan Handford with PassiveInvesting.com sits down with Caleb Bryant for the second time on this new 96-unit multifamily acquisition located in Center Point, AL called Summer Rise Apartments. This property was built in 1970 and Caleb dives deep into many details on how he and his team were able to acquire this asset via multifamily real estate investing.

Dan Handford with PassiveInvesting.com discusses the 128-unit Riatta Ranch apartment investment that acquired by Chihiro Kurokawa with Blackriver Equity Partners. This asset was acquired with in-place occupancy of 94%. The market cap rate was 6.4% and this was low due to the high expense % of 76% upon acquisition. The adjust going-in cap rate assuming a 52% expense ratio was 9.8%. The projected returns for passive investors on the 5 year hold was great.

Dan Handford with PassiveInvesting.com interviews Joseph Gozlan with EBG Acquisitions about this 236-unit apartment complex was acquired in 2018 for $12.7mil. Listen in as Dan dissects the details surrounding this multifamily investing acquisition including how Joseph was able to achieve annualized returns up to 18% for the investors that contributed approx. $3.3mil for this apartment investment.

Dan Handford interviews Larry Abramowitz about this 108-unit apartment complex located in Daytona Beach, FL. Larry has a very unique strategy on how he found this deal and it’s not what you might expect. This apartment was acquired for $11,700,000 and he raised a little over $4mil from investors. This was Larry’s first apartment syndication and he discusses his ups and downs on how it all went down.

Dan Handford discusses this 120-unit multifamily investment located in Kentucky with apartment syndicator, Todd Dexheimer. Todd aquired this multifamily deal by using seller financing. Occupancy was at 78% upon acquisition. This multifamily real estate investment was distressed and has so much upside potential that Todd and his team will be realizing for his investors.

Dan Handford discusses this 10-unit multifamily investing acquisition with Joshua Stack and Thomas Konditi. It is located in Mount Holly, NC. All of the tenants were month-to-month. They decided to make a drastic decision on this asset and by listening you will learn their plan for making this a premier townhome once again. Register for the next Multifamily Investor Nation Summit by visiting http://www.MFINSummit.com (special pricing ends soon) – Get your tickets now!

Dan Handford discusses this 174 unit apartment acquisition with multifamily investing expert James Kandasamy. This asset was a true off market asset that was found using good old fashioned yellow letter marketing for real estate investing. James acquired this multifamily investment by purchasing direct to seller and he shares his secrets for finding this hidden assets.

Dan Handford dives deep into this multifamily investing asset which was acquired via a JV partnership with 2 other apartment investors by Anna Kelly with Zenith Capital Group in December 2018. This is a unique asset as it has a mix of multifamily housing units as well as self storage investing units. The entry cap rate was 6.5% with a projected exit cap of 7%. IRR sitting at 14% and CoC at 9.42%.

Dan Handford interviews mobile home park real estate investing expert, John Jacobus. John opens up about the ups and downs of acquiring this unique mobile home park multifamily asset with 70 spaces, called Gray’s Creek Mobile Home Park. John also shares a unique strategy for testing the strength of a market prior to acquiring a mobile home park investment. Subscribe to the #MFINPodcast and help us by submitting a rating and leaving a review. Interested in Passive Multifamily Investments?: http://www.passiveinvesting.com Join the #MFIN – Multifamily Investor Nation by visiting https://www.multifamilyinvestornation.com Subscribe to the #MFIN YouTube Channel: https://www.youtube.com/c/multifamilyinvestornation Join the #MFIN Closed Facebook Group: https://www.facebook.com/groups/289481078539717/

Dan Handford discusses this 23 unit multifamily acquisition with Derek Baker, multifamily real estate investor, who closed this multifamily deal in September 2018. Derek found this multifamily opportunity on Craigslist. Listen in to learn how he acquired this deal with no outside investors with the asset located 90 minutes away.

Dan Handford discusses this 56 unit multifamily investing acquisition which is located in Chattanooga, TN with multifamily syndicator Kyle Jones with True Point Capital. Pinwood Apartments is a C- class asset located in a C+ area with lots of potential for increasing NOI. Kyle discusses how he found this multifamily asset and how he projects spending $350,000 on renovations to improve this asset.

Dan Handford discusses the 40-unit Redtop apartment complex located in Birmingham, AL with Josh Cooper. He found this apartment investment on Loopnet which is typically where everyone says that deals go to die and Josh took advantage of this opportunity for a solid multifamily investing deal. Originally the deal was in a portfolio deal until he waited patiently as all but this deal was sold off in the portfolio.

Dan Handford has a detailed discussion with Caleb Bryant with Relentless Capital Group who closed a 75 unit apartment complex. The investment was acquired in September 2018 and the multifamily asset is located in San Antonio, TX. The purchase price on this apartment investment was $750,000 with an appraisal value of approximately $2.3MM…which is great for passive cash flow and future exit!

Dan Handford interviews Evan Holladay, multifamily development expert, on a new 192-unit multifamily new construction project that is breaking ground in Louisiana. Evan dives deep into how apartment developers use federal tax credits and cash them in with local banks in exchange for equity in these multifamily investing projects for new development. He also discusses how it took him 3 years to finalize this project and the various steps he took to make it happen.

Dan Handford interviews Mark Kenney with Think Multifamily on a 321-unit apartment syndication located in Memphis, TN. Mark is a multifamily investing expert and shares several ways they were able to improve this asset to return over 100% of the initial investor capital upon refinance from a bridge loan to permanent debt within 13 months of acquiring this apartment syndication.

Vinney Chopra discusses the 156-unit, Sienna Villas, apartments that his multifamily group purchased in 2014 for $3.55MM. This investment was a full reposition with significant value add play. The investors on this project enjoyed a 37% IRR with a significant equity multiple. Listen to this episode to learn more about how Vinney found this deal and how he strategically increased the value for his multifamily investors on the apartment syndication.

Dan interviews Rama Krishna with Zovest Properties. Rama has been investing in multifamily for 1 year now and already has $9MM+ in assets under management with 153 units. Listen in as we dive deep into how Rama found this 59 unit multifamily investing project in Jacksonville, FL.

Dan interviews Devin Elder with DJE Texas Management Group to discuss how they were able to acquire a 106-unit multifamily investment that built in 1974. This apartment investment was purchased for $5.25MM with $920,000 in capital improvements with the addition of 24 units to make this a 130-unit property.

Ryan Narus is actively closing mobile home park deals with his group Archimedes Group LLC. He has been investing in real estate for 3 years and his group has several hundred thousand with 7 acquisitions. Ryan currently has 510 mobile home park units under management.