Multi-family Market Considerations with Nick Ameluxen

jakeandgino jakeandgino | 2 years ago

Mike Taravella interviews Nick Ameluxen of Quantum Capital. Key Information: Market Considerations Population/job growth Diversity of industry Travel time (proximity) Median household income Underwriting Stress test your underwriting assumptions to account for all possible scenarios. Be prepared for any externality. Find debt that gives you options and flexibility with your exit strategy. Pro tip “Stay consistent” Contact Infor...

jakeandgino jakeandgino | 4 years ago

Welcome to the Movers and Shakers podcast. This weeks guest is Nick Ameluxen. Nick is a real estate investor, focused on B and C class apartment complexes in the great city of Austin, TX. He has been investing in real estate since 2015, but didn't start focusing on multifamily until 2018 when he decided to reach out to Jake and Gino. Since then Nick has closed on 53 units in Austin, with another 71 units set to close in September. His goal is to transfer out of my W2 job, and focus on building s...

Multi-family in Boston with Nick Earls & Eric DiNicola

jakeandgino jakeandgino | 2 years ago

Mike Taravella interviews Nick Earls & Eric DiNicola of Winterspring Capital. Key Information: What to look for in a market: population growth demographics median household income How to add value: Improve operations and management Update interiors and exteriors Contract contingency: a contract provision that requires a specific event or action to take place in order for the contract to be considered valid. Investor Pro Tip “Be resilient and persistent” ?...

Multi-family Property Management with Jennifer Outland

jakeandgino jakeandgino | 2 years ago

Mike Taravella interviews Jennifer Outland of Rand Property Management. Key Information: A major aspect of property management is hiring and onboarding employees. As you grow and scale your business it’s important to develop systems and processes to facilitate this process. Job Score Cards: Identifiable skills sets necessary to excel in a given position. Human Resource Manager Hiring Onboarding Training Culture Building Investor Pro Tip “Invest in markets that allow you t...

Multi-family Lending Criteria with David Gregg

jakeandgino jakeandgino | 2 years ago

Mike Taravella interviews David Gregg of Bank OZK. Key Information: Banks like to develop relationships with investors who have similar goals. Find lenders who align with your goals. Inflation is a major source of change in the market. As inflations begins to increase, be aware of how it affects the lending environment. Be conservative in your underwriting assumptions. Most banks will not lend on overly aggressive pro-forma assumptions. Investor Pro Tip “Do your homework” Contact Informati...

Construction to Multi-family with Amy Tiemann

jakeandgino jakeandgino | 2 years ago

Mike Taravella interviews Amy Tiemann of TM1 Properties. Key Information: What to look for in a property manager: Established systems and processes Ability to capture leads Usage of virtual tours 2 Tips for Investing Know who you are investing with. Know the market you are investing in. Buy in a strong market and let the market do the work. Pro Tip “Know, like, and trust your sponsor” Contact Information: https://amy.nuecards.com/ To register ...

Multi-family in Miami with Andy Moyssidis

jakeandgino jakeandgino | 2 years ago

Key Information: Institutions moving to Miami: JP Morgan Chase Blackstone Goldman Sachs High-growth sub-markets: Hollywood, Florida As a result of being confined between the everglades and the Atlantic, Miami is expected run of land to expand into in the next three years. Brightline Train (Orlando to Miami): Will change travel time from 4 hours to 45 minutes. Pro Tip “Know what your goal is as an investor” Contact Information: Andreina.Moyssid...

propertymatrix propertymatrix | 1 year ago

Multifamily properties come in all sizes from duplexes to high rise apartment buildings. Many investors are jumping on the multifamily property bandwagon with the hope of increasing their income and growing their portfolio. Are these properties the money makers that they’re made out to be? Benefits Of Multifamily Property Ownership More Cash Flow The most […] The post Are Multi-Family Units Money Makers? first appeared on Property Matrix.

Single Family Rental Homes vs Multi-Family Investing in 2022

noradarealestate noradarealestate | 1 year ago

Single-Family Rental Homes A single family home is a standalone property on its own lot. Investing in a single family home is basically investing in a house or a condo to rent to a single tenant. One of the simplest definitions of single family rental property investing is getting paid for what you own, rather than just paying to own it. It has a few pros and cons attached to it but it depends on your expectations from the property. Usually, people tend to buy a property in a low-budget or affo...

jakeandgino jakeandgino | 4 years ago

Mark Hentemann has been investing in multifamily since 2000, building a personal portfolio of 14 Los Angeles apartment buildings. After honing his skills for a decade, achieving success in both good markets and bad, Mark started Quantum Capital RE, and is its principal. He has completed 50+ value-add multifamily investments, remaining passionate about it as a superior investment. His mission is to share his knowledge and help friends and like-minded investors achieve their goals. H...

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Multi-family Market Considerations with Nick Ameluxen

Multi-family Market Considerations with Nick Ameluxen