MultiFamily Deal Talk Podcast with Kevin Parrish

Sourcing a Deal and Advice for Multifamily Investment Beginners with Nick Fluellen (Ep. 2)


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Very excited to bring you my first interview and guest on the show and someone I've known for awhile now as a friend and colleague and that is Nick Fluellen. Nick is a licensed broker in the state of Texas and is the Executive Managing Director at Marcus & Millichap. He has successfully closed over 600 transactions including 5.1 billion dollars in value and he's just a good dude as well. We discuss a specific deal he recently had, how to source it, what made the property a winner, and much more!

Time Stamps:

(1:15) First Official Interview

(1:30) My Guest Today Nick

(3:21) Why Multi-Family Properties?

(5:05) The SAFE Method

(6:33) Sourcing the Deal

(9:55) What Made This Property a Winner

(13:30) Financing

(16:10) An Inherited Manager

(19:51) One Thing to Change About the Multi-Family Business

(22:17) Advice to Getting Into the Business

(23:53) Where Multi-Family is Going into the Future

(26:31) Buy or Sell Game

(29:05) How to Connect with Nick

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Follow Nick on Facebook

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Follow Me on Instagram: https://www.instagram.com/kevparrish/

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MultiFamily Deal Talk Podcast with Kevin ParrishBy Kevin Parrish