Edified Equity

Edified Equity Podcast Episode 49: Interview with Joe Fairless BEST EVER Podcast Corporate Investor/Entrepreneur

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://apple.co/2EUPjvE

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

LinkedIn:

http://bit.ly/2EMd0WK

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

LinkedIn:

http://bit.ly/2EMd0WK

Edified Equity Podcast Episode 49: Interview with Joe Fairless BEST EVER Podcast Corporate Investor/Entrepreneur

Dino was raised by entrepreneurs, but took a little different path at first, going to and graduating from college before entering the corporate world. Once he was there, he wanted more, and to scratch that entrepreneurial itch! He started a few small ventures, before falling in love with real estate, specifically multifamily syndications. Hear how he jumped into the multifamily syndication business, and is teaming with others to grow the business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You can bring a deal to a team that is already experienced, chances are they’ll do it and add you to the GP side of the deal” – Dino Pierce

Dino Pierce Real Estate Background:

• CEO of Edified Equity and an Active Multifamily Investor

• In 2018 Edified Equity and partners syndicated 4 apartment communities consisting of 254 doors, across 4 markets, valued at $9.3M

• Based in Denver, CO

• Say hi to him at https://www.edifiedequity.com/

• Best Ever Book: How to Win Friends and Influence People

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 5: Leveraging an Experienced Team & Other Investors through Syndication!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino, CEO of Edified Equity. Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, Bigger Pockets, Facebook, & YouTube. All Associated Links will be in the Show Notes or Comments!

Edified Equity Podcast iTunes:

https://itunes.apple.com/…/podcast/dino-pierce/id1381283719…

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/…/10726-benefits-multifamily-…

Leveraging an Experienced Team & Other Investors through Syndication!

There are soooo many benefits to being a passive Equity partner in a multifamily deal. Operators spend a ton of time putting together the right team for you offering you a true turnkey opportunity so that you can receive cash flow, tax benefits, and profit.

Here are a few key team members your team of Operators will have vetted and put together for you:

Property Manager

Brokers

Property Inspector

Real Estate Attorney

SEC Attorney

Landlord/Tenant Attorney

Commercial Lenders and Brokers

Insurance Agent

Appraiser

Sellers

Contractors

Leverage Possibilities & Scalabilities w/2 Key Players:

1) The Like-minded Passive Equity Investors and together participate in purchasing more doors vs buying a SFR alone...

2) A Team of Trusted Operators - experience & track record!

*Turnkey- opportunity: pprwk-LOI & contracts, UW deals, researching mkts, building relationships and trust with Equity partners, Due Diligence, etc...!

Partnering with these 2 Key Players Allows YOU to focus on what’s vital to YOU: Charity organizations, time freedom, family time, travel, helping others, retirement, making more $, etc..., allowing you to live the Cash-Flow Life!

Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right

place to invest their money - please help them by sharing

this info. I don’t have anything to sell BUT I AM on a mission and I will continue to deliver quality educational and consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino

Edified Equity Podcast Episode 49: Interview with Joe Fairless BEST EVER Podcast Corporate Investor/Entrepreneur

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://apple.co/2EUPjvE

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

LinkedIn:

http://bit.ly/2EMd0WK

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

LinkedIn:

http://bit.ly/2EMd0WK

Edified Equity Podcast Episode 49: Interview with Joe Fairless BEST EVER Podcast Corporate Investor/Entrepreneur

Dino was raised by entrepreneurs, but took a little different path at first, going to and graduating from college before entering the corporate world. Once he was there, he wanted more, and to scratch that entrepreneurial itch! He started a few small ventures, before falling in love with real estate, specifically multifamily syndications. Hear how he jumped into the multifamily syndication business, and is teaming with others to grow the business. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“You can bring a deal to a team that is already experienced, chances are they’ll do it and add you to the GP side of the deal” – Dino Pierce

Dino Pierce Real Estate Background:

• CEO of Edified Equity and an Active Multifamily Investor

• In 2018 Edified Equity and partners syndicated 4 apartment communities consisting of 254 doors, across 4 markets, valued at $9.3M

• Based in Denver, CO

• Say hi to him at https://www.edifiedequity.com/

• Best Ever Book: How to Win Friends and Influence People

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 48: Cap Rate, NOI, and Valuation

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://apple.co/2EUPjvE

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

LinkedIn:

http://bit.ly/2EMd0WK

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

LinkedIn:

http://bit.ly/2EMd0WK

Edified Equity Podcast Episode 48: Cap Rate, NOI, and Valuation

Apartments are valued much differently than single family homes are. Listen in and Learn How an Increase in Net Operating Income (NOI), by $1, affects the Value of an Apartment Community based on Market Cap Rate.

Perspective: Use the Table Provided to see what happens to a 300 Door Apartment Community when NOI increases by $90K by a slight Increase of $25.00/Month/Door X 300 Doors = $7,500.00/Month X 12 Months = $90,000.00/Yr Increase in NOI.

You’ll be amazed by what I call Multifamily Magic!

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 48: Cap Rate, NOI, and Valuation

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://apple.co/2EUPjvE

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

LinkedIn:

http://bit.ly/2EMd0WK

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

LinkedIn:

http://bit.ly/2EMd0WK

Edified Equity Podcast Episode 48: Cap Rate, NOI, and Valuation

Apartments are valued much differently than single family homes are. Listen in and Learn How an Increase in Net Operating Income (NOI), by $1, affects the Value of an Apartment Community based on Market Cap Rate.

Perspective: Use the Table Provided to see what happens to a 300 Door Apartment Community when NOI increases by $90K by a slight Increase of $25.00/Month/Door X 300 Doors = $7,500.00/Month X 12 Months = $90,000.00/Yr Increase in NOI.

You’ll be amazed by what I call Multifamily Magic!

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 47: Why Workforce Housing CAN Hold off the Blitz of a Recession

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://apple.co/2EUPjvE

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

LinkedIn:

http://bit.ly/2EMd0WK

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

LinkedIn:

http://bit.ly/2EMd0WK

Edified Equity Podcast Episode 47: Why Workforce Housing CAN Hold off the Blitz of a Recession

Workforce Housing CAN Hold off the Blitz of a Recession

With the abundance of #Recession buzz going around there’s no doubt, as Workforce Apartment Community Investors/Syndicators, we are ultraconservative, patient, and playing a serious game of defense when acquiring assets. We’re doing our due diligence, running the asset through a stress test, & confidently pressing forward with acquisitions that pass the exam.

The high scoring offense (market appreciation) may be on borrowed time; however, Workforce Housing CAN withstand the blitz of a #Recession as we have an asset that’s pretty resilient.

We’re buying defensively based on location, cash flow, conservative underwriting, management, and debt.

We’re NOT alone on our predictions…

Bendix Anderson, writer for The National Real Estate Investor notes… “The apartment sector is likely to hold up, according to industry experts!”

Further, Andrew Rybczynski, senior consultant for CoStar Group Portfolio Strategy stated “Apartments are still resilient against a possible recession,” he says Demand is outpacing supply and “There’s no reason why the homeownership rate won’t fall further”.

A downturn in the economy is more likely to drive people to affordable apartment communities (B & C Class) vs. buying a condo or house.

To top it off, and make our choice of asset even more valuable and desirable, in December of 2018, CBRE reported only a small amount of workforce housing has been developed over the past 10yrs.

Further, “many older apartment communities have been demolished to make way for high-end multifamily developments.”

CBRE, notes “the multifamily industry removes more than 100,000 housing units each year. These are usually workforce and affordable units.”

If you, like me, love ❤ this asset class, for a multitude of reasons, - it appears as if we’re in possession &/or pursuit of highly desirable, valuable, cash flowing, tax sheltered/deferred, & appreciating asset/investment.

In conclusion, no investment is guaranteed; however, done correctly - historically speaking - this alternative investment carries a low risk profile, several unique tax benefits, and the ability to weather the storm.

References:

1) https://www.nreionline.com/multifamily/us-apartment-sector-would-continue-remain-strong-even-recession

2) https://www.rejournals.com/workforce-housing-a-new-darling-of-investors-20181203

#Defense #FillANeed #Supply&Demand #Impact #CapitalPreservation #FiduciaryResponsibilities

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I w

Edified Equity Podcast Episode 47: Why Workforce Housing CAN Hold off the Blitz of a Recession

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://apple.co/2EUPjvE

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

LinkedIn:

http://bit.ly/2EMd0WK

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

LinkedIn:

http://bit.ly/2EMd0WK

Edified Equity Podcast Episode 47: Why Workforce Housing CAN Hold off the Blitz of a Recession

Workforce Housing CAN Hold off the Blitz of a Recession

With the abundance of #Recession buzz going around there’s no doubt, as Workforce Apartment Community Investors/Syndicators, we are ultraconservative, patient, and playing a serious game of defense when acquiring assets. We’re doing our due diligence, running the asset through a stress test, & confidently pressing forward with acquisitions that pass the exam.

The high scoring offense (market appreciation) may be on borrowed time; however, Workforce Housing CAN withstand the blitz of a #Recession as we have an asset that’s pretty resilient.

We’re buying defensively based on location, cash flow, conservative underwriting, management, and debt.

We’re NOT alone on our predictions…

Bendix Anderson, writer for The National Real Estate Investor notes… “The apartment sector is likely to hold up, according to industry experts!”

Further, Andrew Rybczynski, senior consultant for CoStar Group Portfolio Strategy stated “Apartments are still resilient against a possible recession,” he says Demand is outpacing supply and “There’s no reason why the homeownership rate won’t fall further”.

A downturn in the economy is more likely to drive people to affordable apartment communities (B & C Class) vs. buying a condo or house.

To top it off, and make our choice of asset even more valuable and desirable, in December of 2018, CBRE reported only a small amount of workforce housing has been developed over the past 10yrs.

Further, “many older apartment communities have been demolished to make way for high-end multifamily developments.”

CBRE, notes “the multifamily industry removes more than 100,000 housing units each year. These are usually workforce and affordable units.”

If you, like me, love ❤ this asset class, for a multitude of reasons, - it appears as if we’re in possession &/or pursuit of highly desirable, valuable, cash flowing, tax sheltered/deferred, & appreciating asset/investment.

In conclusion, no investment is guaranteed; however, done correctly - historically speaking - this alternative investment carries a low risk profile, several unique tax benefits, and the ability to weather the storm.

References:

1) https://www.nreionline.com/multifamily/us-apartment-sector-would-continue-remain-strong-even-recession

2) https://www.rejournals.com/workforce-housing-a-new-darling-of-investors-20181203

#Defense #FillANeed #Supply&Demand #Impact #CapitalPreservation #FiduciaryResponsibilities

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will b

Edified Equity Podcast Episode 46: Underwriting a 104 Door, C Class, Apartment Community – A Case Study

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 46: Underwriting a 104 Door, C Class, Apartment Community – A Case Study

NOTE: This was for Educational Purposes ONLY and was NOT representative of an actual Acquisition.

Michael Blank’s Syndicated Deal Analyzer:

http://www.themichaelblank.com/syndicated-deal-analyzer/

We pulled back the curtain and shared our Underwriting Method on a 104 Door, C Class, Apt Community located in a Solid B area.

The Apartment was 25 to 50% below market rent, mismanaged, in need of renovations, & 20% vacant.

This scenario allows us to create value and appreciate upside quickly within the 1st 3 years.

Long story short we worked with our property management company, lenders, the assessor’s office, chamber of commerce, cost segregation professionals, and purchased it for $4,098,100.00 ($39,405.00/Door).

We’re implementing our business plan and will operate/execute aggressively although we underwrote conservatively in the following ways:

1) Modeled a Higher Cap at resale increasing our exit Cap by 1.2%

2) Slow on the upside ramp up & Value Add (PM thought we could do this over 12-18mo & we modeled 3yrs)

3) Kept our Expenses Higher than anticipated

4) Stayed Low on Rent Potential. We kept increases under the low end of Comps. Only increasing them enough to gain a 20% ROI on the rehab.

5) Overestimated on Taxes

6) Kept Vacancy much Higher than anticipated (5% for Market we’re at 12%)

7) Went Above the NOI with Replacement Reserves

Ultimately our goal is to increase our NOI and add 3.5MM in value. We’re holding it for 5years and will sell or refinance and hold. We have long-term debt locked and feel confident we can weather a storm allowing us to sell on opportunity vs the calendar.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments

Edified Equity Podcast Episode 45: Capital Raising Push-Ups Guest on That REllie Happened

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 45: Capital Raising Push-Ups Guest on That REllie Happened

Have you ever wondered how it’s like to be in the shoes of a someone who raises money for their real estate deals? Then this is a great story for you.

Dino Pierce was working on a deal and started raising capital for it. Things started going well, but he was still short $650K.

AND HE HAD ONLY 2 WEEKS TO CLOSE. AND TIME WAS RUNNING OUT.

Then Dino met an investor that wanted to invest a MILLION DOLLARS, and not a penny less. The problem that was Dino did not have a million dollar to allow them to invest. What will he do?

It’s a story about PERSISTENCE. Like with push ups - you must push through and keep going if you want to see results. It’s about how GETTING IN THE RIGHT MINDSET helped him face a stressful situation, with a surprising twist.

Dino's Bio:

Dino Pierce is the CEO of Edified Equity and an Active Multifamily Investor. He comes from a family of entrepreneurs and has been apart of numerous, profitable residential and multifamily, real estate investment acquisitions/transactions. He has been a Multifamily Expert Speaker for BiggerPockets, has an Award Winning Blog Featured Blog on BiggerPockets, is the Host/Creator of the Purely Educational Facebook Group "Multifamily Passive (Equity) Owners/Investors: Benefits of a Passive Owner", and hosts the Edified Equity Podcast.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 45: Capital Raising Push-Ups Guest on That REllie Happened

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 45: Capital Raising Push-Ups Guest on That REllie Happened

Have you ever wondered how it’s like to be in the shoes of a someone who raises money for their real estate deals? Then this is a great story for you.

Dino Pierce was working on a deal and started raising capital for it. Things started going well, but he was still short $650K.

AND HE HAD ONLY 2 WEEKS TO CLOSE. AND TIME WAS RUNNING OUT.

Then Dino met an investor that wanted to invest a MILLION DOLLARS, and not a penny less. The problem that was Dino did not have a million dollar to allow them to invest. What will he do?

It’s a story about PERSISTENCE. Like with push ups - you must push through and keep going if you want to see results. It’s about how GETTING IN THE RIGHT MINDSET helped him face a stressful situation, with a surprising twist.

Dino's Bio:

Dino Pierce is the CEO of Edified Equity and an Active Multifamily Investor. He comes from a family of entrepreneurs and has been apart of numerous, profitable residential and multifamily, real estate investment acquisitions/transactions. He has been a Multifamily Expert Speaker for BiggerPockets, has an Award Winning Blog Featured Blog on BiggerPockets, is the Host/Creator of the Purely Educational Facebook Group "Multifamily Passive (Equity) Owners/Investors: Benefits of a Passive Owner", and hosts the Edified Equity Podcast.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation