You don’t need $10 million to buy an apartment building. I didn’t have it in 2008, and I still made it happen.
What you do need is the knowledge to raise capital, underwrite deals, and build a strong team. That’s the real skill set. Most people skip the fundamentals and it costs them everything.
Real estate is a team sport. The money doesn’t chase the deal, it chases the operator. If you can solve a problem and create value, investors will line up to work with you.
If I were starting from scratch today, I’d go all in on mastering underwriting, picking the right partners, and learning how to manage the manager. That’s what builds long-term wealth.
Comment #Multi if you want my personal Multi-Family Deal Due Diligence Checklist
#CashFlowIsKing #ApartmentInvesting #RealEstateFundamentals
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