Multifamily Real Estate Investing - Investing Out-Of-State

Finding Multifamily Apartment Acquisitions can be challenging - this MeetUp will focus on how to find the best investments in areas out-of-state, how we negotiate the price, and how we finance and close the purchase! From the Letter of Intent (LOI) to Commercial Mortgage Backed Securities (CMBS) to Inspection Services to Property Management options... this MeetUp is geared for Investors that want to network on the Best Practices of acquiring Multi-Family Investment Property. Maybe you're in a 1031 Exchange and attempting to trade into something larger, or you have several rental properties and are attempting to increase rents and reduce expenses. It's all about the NOI - NET OPERATING INCOME!

We will spend about 45 minutes discussing some of the best areas of the country to invest, what we currently have under contract, and our best choice for property management. Our goal is to expand our network of like-minded real estate investors and entrepreneurs. We learn from our mistakes and continue to find better ways to achieve our goals!

With CAP Rates compressing throughout the country, why would you invest in a metropolitan area when you can go suburban or rural and get 2x cash-on-cash returns? We've purchased 28-unit apartments in San Angelo, Texas with a 8.2% CAP, fully occupied, built in 2012... a much better cash-cow than that 9-unit building in Temecula, California with a 4.2% CAP, 75% occupied, built in 1971. There are several markets around the country where you can find cash-flow and appreciation, without having to speculate on markets in California. Let's explore what's available, and how to benefit!

Topic: Multifamily Investing Zoom Meeting
Time: Oct 5, 2021 02:00 PM Pacific Time (US and Canada)

Join Zoom Meeting
https://us02web.zoom.us/j/87109777917?pwd=RmlidkdEdmZ5UlQxYjJ3b2IvV0JBQT09

Meeting ID: 871 0977 7917
Passcode: 522306