Alan and Elena Needly are multifamily investors and the founders of Andover Holdings. They began their investing careers building townhomes in the Seattle area and are now limited partners and general partners in 27 apartment syndications nationwide. In this episode, they discuss what they look for in third party property management companies, the technology platforms they use to run their business, and the importance of embracing good debt.

 

Alan and Elena Neely | Real Estate Background

• Founders of Andover Holdings
• Portfolio:
  • GP in 8 deals
  • LP in 13 deals
  • Total of 5,400+ units
• Based in: Seattle, WA
• Say hi to them at:
  • www.andoverholdings.com
• Best Ever Book: Acres of Diamonds by Russell Conwell and The Richest Man in Babylon by George Clason
• Best Ever Advice: Don’t overanalyze, just get out and get started.

 

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