How To Invest In Multifamily Apartments and Retire in 5 Years

Charles Dobens is a multifamily investor, attorney, and mentor to multifamily investors all around the country. Charles founded the Multifamily Investing Academy, where he works with students in his Owner Forum program to train them in the correct way to acquire, operate and own multifamily property.

His legal and consulting practice has one specialty - helping new investors overcome any lack of confidence in moving toward their financial objective of owning and operating apartments. Charles is uniquely qualified to walk investors confidently through the entire process: analyzing the property, negotiating contracts, organizing funding as well as transitioning to ownership.

Charles Dobens is principal at Dobens Law and founder of the Multifamily Investing Academy.

Following is an outline of what Charles will present at the Nov. 7th meeting:

Anatomy of a Multifamily Deal

• Why Multifamily? Learn How Multifamily is the Most Powerful Real Estate Vehicle – It’s All About the Power of the Cap Rate
• How to find a multifamily deal where no one else is looking!
• How to Make Your First Sale – Getting Your Offer Accepted by the Seller
• What tips and tricks you should include in your offer to make you rise above the crowd
• Negotiating a Multifamily Purchase and Sale Contract to Protect Yourself
• See how a multifamily PSA has developed over a decade to protect the Buyer from ‘getting screwed’
• Writing the First Check – Your Earnest Money Deposit
• Where do you get it? How do you protect yourself?
• Don’t make rookie mistakes that enrich the seller at your expense
• Understanding the 3 phases of the DD process
• Which phase should you do first and if the deal fails this phase, don’t even get out of your chair to go see it
• Financing: How to work with banks and find the equity for your deal
• Understand the terms for commercial loans and how to partner with equity partners
• How to transition to becoming an Owner / Operator
• Congratulations, now you are a performer in this business. Rinse and Repeat!

*****************************************************

The Boston Real Estate Investors Association is open to real estate investors of all experience levels who want to meet and continuously learn from other investors and real estate professionals. Each meeting features knowledgeable speakers to guide members through new and relevant topics relating to the many aspects of Real Estate Investment. Past events have covered Why to invest in Real Estate?, Foreclosures, Self-directed IRA's, 1031 Exchanges, and Creative Tax Strategies.

It's an opportunity to network with others who share similar goals & needs, to learn about unique & hot properties, to find ways of obtaining & utilizing different sources of capital, and so much more!