CTW 118: Nic Espanet - Seeing Opportunities in Secondary and Tertiary Markets

Aug 27, 2019

Nic is a multifamily investor and syndicator in Fort Worth, Tx. He has nearly 4 years of experience with multifamily having been an passive investor in 7 separate deals and a lead syndicator in 2 others and working currently on another.

Topics Covered:

• Need a mentor or a team to help you
• Seeing opportunities in a tertiary market
• Accounting for a higher cap rate
• Structuring deals for secondary and tertiary markets
• Competing with deals in bigger markets
• Thinking about cash flow and cap rates for smaller markets

Nuggets of Wealth

• What is a good tool, source, or platform that you use almost daIly that can also help others? Mailchimp, DocuSign, able2extract.com
• What was the best business advice you ever received? Ready, Fire, Aim. Success Leaves Clues.
• What book are you currently reading? The Millionaire Fast Lane by M.J. Demarco. The Go Giver
• Where do you see your business in 5 years? Doubling the portfolio, spending more time with family, travel the world.
• At the end of your life, how do you want to be remembered? A good husband and father
• Where can CTW Nation go to contact you? [e-mail] Text me at 817-683-8114