Episode 92 - Newbies #1 - Buying your first deal

Buying your first apartment building is the hardest.   The second and third become substantially less stressful and much easier …because you have created a “team template” for successfully closing an apartment transaction.  You have put your team together.   You have your banker, attorney, broker, insurance professional, third party property management company & physical inspector or engineer.  Just like the general manager of a baseball team…you cannot play without players…  You cannot close without a support group. Gary & Heidi Young bought their first apartment building a few months ago.  They wanted to start off with a small property so that they could own and manage themselves.   Gary & Heidi knew that owning and investing in apartment building you would need specialized education. Before they invested in real estate, they invested in education.   Gary & Heidi knew that owning and investing in apartment buildings you needed specialized education.  They joined a local education and mentoring group to give them a confidence boost.   Recently, they closed on an 11 unit apartment building.  They enjoy the thrill of buying something and making it better.    To contact Gary or Heidi:  txinvesting@gmail.com   To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com   Are you interested in learning more about how Multifamily Syndications work?  Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.

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