fbpx
Turning 106 Units Into 130

Turning 106 Units Into 130

So the main one of our main credit units or one of the units that just got finished with the renovation and this is one that we’re going to move an existing resident over into or we’ll bring on a new resident, but this is part of a project where...
Oversubscribed

Oversubscribed

Today’s Friday morning when I’m recording this. On Tuesday of this week, I sent out an investment summary for a new project that we have under contract. As part of documenting the process of going through, locating, and financing, and operating a...
Multifamily Syndication Advantage: Asset Protection

Multifamily Syndication Advantage: Asset Protection

Multifamily syndication advantage, there are many. We’ll talk about asset protection here. I’m not an attorney, but, I certainly rely on my attorneys to steer me in the right direction with this stuff. When we go out, my company, or any other sponsor, or...
Dylan’s 1st Rental 002 – Visit w/ Contractor

Dylan’s 1st Rental 002 – Visit w/ Contractor

Dylan: Hey guys, so this is the first rental house. Video four. Devin: We’ve done a few videos, yeah, this is the first rental here that is gonna be the first rental in Dylan’s portfolio and we’re partners on it, right? Dylan: Yeah. Devin: So we just...
Carolwood Dr.

Carolwood Dr.

Stunning does not begin to describe this amazing home in Castle Hills! Centrally located this recently re-imagined home on almost 1/2 an acre is sure to please. Be sure to check out the custom kitchen with the stunning quartz countertops and open style shelving. The...
3 Team Members Engaged After Contract

3 Team Members Engaged After Contract

We just got a new project under contract, a multi-family project, and as part of kind of documenting the process here on what happens on a multi-family acquisition, I just want to explain a little bit about what happens day one here. We’ve engaged our property...
Dylan’s 1st Rental 001 – First Visit

Dylan’s 1st Rental 001 – First Visit

Dylan: Okay. Hey, guys. Today this is my first rental house that my dad bought me. It’s … Can I tell them the number? Devin: Yeah. Dylan: Glen Creek, 7110. For some reason, there’s dogs in there barking. There’s a cat, right? Devin: Yeah....
Multifamily Syndication Advantage: Capital Appreciation

Multifamily Syndication Advantage: Capital Appreciation

Capital appreciation is one of the many things we enjoy as a multifamily syndication investor. What this means is that unlike single family homes, which are typically valued by comparable sales in the area during the last six months or so, these larger multifamily...
Multifamily Syndication Advantage: Economies of Scale

Multifamily Syndication Advantage: Economies of Scale

Economies of scale. This is one of the biggest advantages to investing in a large multifamily syndications, and by large I mean typically 100 units and above. And a multifamily syndication is just where we’re pooling capital together with the group of investors,...
Multifamily Syndication Advantage: Market Appreciation

Multifamily Syndication Advantage: Market Appreciation

Multifamily syndication advantage, let’s talk about market appreciation. There are many reasons we love multifamily syndication, which is where a group of investors pool capital to go out and buy a project, in this case, let’s say a hundred-unit apartment...
Multifamily Syndication Advantage: Principal Pay down

Multifamily Syndication Advantage: Principal Pay down

So let’s talk about multifamily syndication advantages, and specifically principal pay down and what does this mean. Our typical multifamily syndication, a syndicator or a sponsor, meaning the person that’s putting the whole project together, will raise...
Quarterly Distribution Checks

Quarterly Distribution Checks

I wish I had a handful of checks of 30 or 50 checks in my hand. It makes a great visual. I see a lot of other apartment syndicators doing that, but I don’t so I’ll just give you a thumbs-up. The checks represent the quarterly distributions we send out to...
Multifamily Syndication Advantage: Risk Reduction

Multifamily Syndication Advantage: Risk Reduction

Risk reduction is a big multi-family syndication advantage that we have. A syndication by definition means that we’ve got a number of investors pooling capital. So, through a syndication, an investor can have access to a high quality, institutional grade...
Multifamily Syndication Advantage: Tax Advantages

Multifamily Syndication Advantage: Tax Advantages

Multifamily Syndication Advantage. Let’s talk about tax advantages. Of course the requisite disclaimer here. I am not a CPA nor an attorney. I’m just sharing some of my experiences with you. I strongly encourage you to seek the advice of your CPA and your...
Multifamily Syndication Advantage: Cash Distributions

Multifamily Syndication Advantage: Cash Distributions

I want to talk about team versus deal, and this is specific to a multifamily investment where we’re going in and pooling capital from a bunch of investors. Let’s say you’ve got 20, 30 investors on a project. You go out and buy a building in order to...
Team vs Deal

Team vs Deal

I want to talk about team versus deal, and this is specific to a multifamily investment where we’re going in and pooling capital from a bunch of investors. Let’s say you’ve got 20, 30 investors on a project. You go out and buy a building in order to...
5 Advantages of Real Estate Investing

5 Advantages of Real Estate Investing

Let’s talk about five real estate advantages as an investment vehicle versus other investment vehicles out there. The first one is cashflow. When done right, real estate can produce cashflow on a monthly or quarterly basis back to you, real money that you can...
Single Family vs Multifamily Investing

Single Family vs Multifamily Investing

Okay let’s talk about single family, versus multi-family. I abbreviated these here for the sake of space on my white board. One of my favorite topics. Single family investing, versus multi-family investing. I’ve done well over 100 single family investment...
A Story of Two Loans

A Story of Two Loans

I want to talk about a story of two loans. This was something I was going through in early 2018. It serves to highlight some of the differences between single-family investing and multi-family investing. Now, I’ve been investing in single-family for many years....
Forced Appreciation in Multifamily

Forced Appreciation in Multifamily

Let’s talk about forced appreciation in multi-family. Forced appreciation is one of the primary distinctions between investing in a house, a single-family home, and investing in a larger apartment complex. With a house, we’re relatively at the mercy of the...
Multifamily Deal Life Cycle

Multifamily Deal Life Cycle

Let’s talk about the Multi-family Deal Lifecycle. This is at a high level, but this is what might happen with a multi-family project over a period of two to 10 years roughly. So, the first step here is to buy the property. Now, a lot goes into this....
Adding Units for NOI Increase

Adding Units for NOI Increase

Hey, this is Devin and I’m in one of my projects here in San Antonio, and I want to talk about adding extra units for NOI increase. In this particular case, we had one larger unit and part of a storage unit that was adjacent to the other unit. And what we ended...