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The Commit to Wealth Podcast - Creating Generational Wealth through Real Estate Investing


Jul 20, 2018

We recently closed on a 265 unit, $12M multifamily property. This property was a smooth transaction and great acquisition. Here are 6 lessons learned, 3 from a General Partner standpoint and 3 from a passive investor standpoint. 

Active Investor

Lesson #1 Network a ton and when they ask what you do, tell them!

Lesson #2 Aim to raise more capital than you think you'll need, 20-30% more.

Lesson #3 Follow up with your investors!

 

Passive Investor

Lesson #1 Find out what good/decent returns look like in this part of the cycle. 

Lesson #2 Do your homework on sponsors/ leads/ syndicators.

Lesson #3 Follow up with the sponsors yourself!

 

Listen to the episode to get more in depth details on each one of these lessons!

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