The Cash Flow Happy Hour

Ep. 64 | How to Partner for Your First Big Apartment (100+ Units) Real Estate Deal feat. Ian Cruz


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In this episode, we sit down with Ian Cruz to discuss one of the best ways to get into bigger commercial real estate deals. Ian shares his experiences in navigating the challenges of out-of-state investments and the difficulties in securing commercial loans without a solid track record.

We dive deep into the role of a co-GP, the importance of building partnerships, and the value that new investors can bring to the table.

We also compare our journeies from small multifamily projects to co-GPing on deals with over 500 units, emphasizing the lessons learned and strategies for success.


Timestamps

02:10 Scaling Up: Challenges and Strategies

03:43 The Role of Co-GP in Real Estate

08:31 The Importance of Partnerships and Mentorship

11:05 Navigating the Real Estate Market as an Out-of-State Investor

14:28 Building Relationships and Securing Deals

27:05 Exploring Co-GP Partnerships

27:17 Scaling and Investor Base Challenges

29:48 Expectations for First-Time Co-GPs

31:45 Roles and Responsibilities in GP

32:41 Returns and Splits

36:04 Understanding Preferred Returns and Splits

44:13 Selecting the Right Partners


Connect with Ian:https://www.instagram.com/cincycashflow/


🍿 Watch Next

How much can an ADU increase the value of your property ➡️ https://www.youtube.com/watch?v=efjVGooLwvA
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The Cash Flow Happy HourBy Joshua Baldovino

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