Dan Handford discusses this 174 unit apartment acquisition with multifamily investing expert James Kandasamy. This asset was a true off market asset that was found using good old fashioned yellow letter marketing for real estate investing. James acquired this multifamily investment by purchasing direct to seller and he shares his secrets for finding this hidden assets.

Dan Handford dives deep into this multifamily investing asset which was acquired via a JV partnership with 2 other apartment investors by Anna Kelly with Zenith Capital Group in December 2018. This is a unique asset as it has a mix of multifamily housing units as well as self storage investing units. The entry cap rate was 6.5% with a projected exit cap of 7%. IRR sitting at 14% and CoC at 9.42%.

Dan Handford interviews mobile home park real estate investing expert, John Jacobus. John opens up about the ups and downs of acquiring this unique mobile home park multifamily asset with 70 spaces, called Gray’s Creek Mobile Home Park. John also shares a unique strategy for testing the strength of a market prior to acquiring a mobile home park investment.

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Dan Handford discusses this 23 unit multifamily acquisition with Derek Baker, multifamily real estate investor, who closed this multifamily deal in September 2018. Derek found this multifamily opportunity on Craigslist. Listen in to learn how he acquired this deal with no outside investors with the asset located 90 minutes away.

Dan Handford discusses this 56 unit multifamily investing acquisition which is located in Chattanooga, TN with multifamily syndicator Kyle Jones with True Point Capital. Pinwood Apartments is a C- class asset located in a C+ area with lots of potential for increasing NOI. Kyle discusses how he found this multifamily asset and how he projects spending $350,000 on renovations to improve this asset.

Dan Handford discusses the 40-unit Redtop apartment complex located in Birmingham, AL with Josh Cooper. He found this apartment investment on Loopnet which is typically where everyone says that deals go to die and Josh took advantage of this opportunity for a solid multifamily investing deal. Originally the deal was in a portfolio deal until he waited patiently as all but this deal was sold off in the portfolio.

Dan Handford has a detailed discussion with Caleb Bryant with Relentless Capital Group who closed a 75 unit apartment complex. The investment was acquired in September 2018 and the multifamily asset is located in San Antonio, TX. The purchase price on this apartment investment was $750,000 with an appraisal value of approximately $2.3MM…which is great for passive cash flow and future exit!

Dan Handford interviews Evan Holladay, multifamily development expert, on a new 192-unit multifamily new construction project that is breaking ground in Louisiana. Evan dives deep into how apartment developers use federal tax credits and cash them in with local banks in exchange for equity in these multifamily investing projects for new development. He also discusses how it took him 3 years to finalize this project and the various steps he took to make it happen.

Dan Handford interviews Mark Kenney with Think Multifamily on a 321-unit apartment syndication located in Memphis, TN. Mark is a multifamily investing expert and shares several ways they were able to improve this asset to return over 100% of the initial investor capital upon refinance from a bridge loan to permanent debt within 13 months of acquiring this apartment syndication.

Vinney Chopra discusses the 156-unit, Sienna Villas, apartments that his multifamily group purchased in 2014 for $3.55MM. This investment was a full reposition with significant value add play. The investors on this project enjoyed a 37% IRR with a significant equity multiple.

Listen to this episode to learn more about how Vinney found this deal and how he strategically increased the value for his multifamily investors on the apartment syndication.