Two skills separate winners in multifamily real estate: finding off-market deals through relationships and confidence at closing, and securing financing. One investor bought a $7.2 million property others valued at $10 million by mastering both.
So easy, then why isn't everybody doing it? Well, number one is you got to find the best deals. You got to learn how to get in. And the best deals are off market. They're from relationships, right? We bought a $7.2 million deal. Other people were bidding $10 million for it. But we had the relationships. We had the stance and the positioning to be able to acquire that property and be able to bring the most confidence to the closing table. Number two, people don't have the capital. You got to learn how to access capital. You learn those two things, how to find really good deals and how to Acquire capital, and you're dangerous in this industry.
NEVER Buy an Apartment Building Without Checking These 5 Things (I'm a Real Estate Attorney)
