The Multifamily Wealth Podcast Axel Ragnarsson

What's the secret to securing financing in today's multifamily market? This week, Pat Brady of Brady Capital Advisors, a well-known mortgage broker in the New England commercial real estate market, takes us on a deep dive into the world of multifamily financing. With a focus on multifamily properties, Pat has a track record of sourcing debt for a variety of deals ranging from acquisition to value-add projects. His experience includes working with local banks, credit unions, and regional lenders, specializing in the middle market range of $2 to $50 million.

We explore the timeless subjects of being a great borrower and locating a top-notch mortgage broker in this episode. Pat offers her thoughts on how the lending landscape has changed in the last 12 to 24 months and how this has affected borrowers. We look at the New England multifamily sector's lack of distress, the function of regional banks and credit unions, and the significance of having solid balance sheets and liquidity positions when obtaining financing. Pat also offers insightful guidance to borrowers attempting to understand the current real estate lending environment.

Here are some highlights from the episode:

 - What are the key changes in the lending market over the last few months, and how are they impacting borrowers?
 - How have cap rates shifted in New England, and what factors are influencing these changes?
 - What challenges are borrowers facing in getting deals financed, and how are deposit requirements impacting the process?
 - What are banks looking for from borrowers beyond deal-specific metrics, and how can borrowers present themselves well to lenders?
 - How has the approach to underwriting deals changed, and what strategies can borrowers use to navigate the current market conditions?

Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

Connect with Axel:
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Learn more about Aligned Real Estate Partners

Connect with Pat:
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Learn more about Brady Capital Advisors

I covered a critical subject in this episode: drafting and presenting offers to brokers or sellers in the real estate market. I stressed that presenting your offer in an organized manner is crucial because it will determine how well-received it is and whether you can have a fruitful conversation with the seller.

Applying a sandwich analogy, I dissect the offer presentation process into three main parts. The sandwich's top bun builds credibility, the bottom bun concludes with more justifications for why working with you is advantageous, and the sandwich's meat lays out the terms of the offer.

In this episode, we discuss:

 - How can you craft and present offers effectively to sellers or brokers in the real estate industry?
 - Why is it crucial to establish credibility and showcase your ability to close deals when presenting an offer?
 - What are the key components of an offer presentation, including the importance of outlining terms in plain English for sellers who may not be familiar with the real estate game?
 - How can you differentiate yourself as a buyer and highlight the benefits of working with you when making an offer, especially in a direct-to-seller scenario?
 - Why is it essential to think about the offer presentation process as a structured approach, like a sandwich, to increase the likelihood of your offers being accepted?

Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

Connect with Axel:
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Connect with him on LinkedIn
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners

Want to know the secrets behind a successful multifamily takeover process? Hey there, Multifamily Wealth Podcast listeners! I am thrilled to share with you our latest episode featuring Jered Sturm of SNS Capital Group. Jered is a seasoned investor with over 1,300 units under his belt, and his journey from a maintenance tech to a multifamily mogul is truly inspiring. With a background in construction and property management, Jered has organically grown his business over the last 15 years, focusing on operational excellence and efficiency.

In this episode, Jered dives into the tactical and operational side of asset management, construction, and property management in the multifamily industry. He shares insights on key performance indicators (KPIs) for maintenance techs and leasing agents, emphasizing the importance of aligning commissions with financial benefits. Jered also discusses the initial takeover process for multifamily assets and how the market changes have influenced asset management strategies in recent years.

Here are some highlights from the episode:
 - How did Jered Sturm transition from single-family homes to multifamily and raise capital for his deals?
 - What are the key KPIs Jered Sturm focuses on for maintenance techs and leasing agents to drive operational success?
 - How does Jered Sturm approach the initial takeover process of a multifamily asset and ensure a unified approach within the team?
 - What advice does Jered Sturm give for bringing construction in-house and optimizing efficiency in the renovation process?
 - How has the asset management process changed for Jered Sturm's business in response to market shifts over the past few years?

Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.


Connect with Axel:
Follow him on Instagram
Connect with him on LinkedIn
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners

Connect with Jered:
Connect with him on LinkedIn
Learn more about SNS Capital Group

In this episode, I cover topics ranging from managing the infrastructure of our multifamily business to securing commercial loans without prior experience, and even touch on some creative acquisition strategies we're implementing.

If you're curious about how we keep everything together behind the scenes, the strategies we use to secure commercial loans, or the innovative approaches we're taking to find distressed deals, this episode is for you.

I'm excited to introduce this new format to the show, where I address specific questions from our listeners in a quick and informative manner. It's a great way to provide valuable insights on various multifamily topics in a short period of time.

Topics Covered:
 - Managing Infrastructure: Learn about the tools and resources used to streamline the multifamily business operations, including Google Drive, monday.com, and Invest Next.
 - Securing Commercial Loans: Discover strategies for securing commercial loans as a new investor without prior experience in commercial real estate.
 - Creative Acquisition Strategies: Explore the approach of targeting distressed sellers in specific markets, such as Florida, to uncover potential multifamily deals.

Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

Connect with Axel:
Follow him on Instagram
Connect with him on LinkedIn
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners

What's going on, everybody? Welcome back to another episode here on the Multifamily Wealth Podcast. In this episode, I'm chatting with a young investor based in Tampa, Florida. Gabe Bowling is who I have on the show today. Gabe Bowling, a 26-year-old investor, is the founder of Bowling Capital and The Deal Room community. He has retained ownership of $45 million in real estate, including 309 units across Florida and Missouri. Gabe previously worked at Cardone Capital, where he raised $100 million and was involved in transactions ranging from $50 million to $750 million.

In this episode, Gabe shares his journey from working at Cardone Capital to starting his own real estate business. We delve into the different paths to multifamily private equity, joint venturing vs. larger deals, and the challenges and opportunities in the Florida market. Gabe also discusses his approach to capital raising and building his business, providing valuable insights for aspiring real estate investors.

Here are some highlights from the episode:

 - Gabe's transition from working at Cardone Capital to starting his own real estate business
 - The different roads to multifamily private equity and starting a multifamily private equity business
 - Joint venturing versus doing larger deals right off the bat
 - Challenges and opportunities in the Florida real estate market
 - Building a capital raising funnel and growing a real estate business

Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.


Connect with Axel:
Follow him on Instagram
Connect with him on LinkedIn
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners


Connect with Gabe:
Follow him on Instagram
Learn more about Bowling Capital
Check out The Deal Room

Hey everyone! In this episode of the Multifamily Wealth Podcast, I dive into the current real estate market trends and share some exciting updates from our real estate business, Aligned Real Estate Partners.

I discuss our recent deal activity, including closing 37 units in Q1 of 2024 and our projections for the rest of the year. I also touch on the evolving lending landscape and how it's impacting our deal flow.

Key Points Covered:
 - Quarterly update on closed deals and upcoming acquisitions
 - Insights into the New England real estate market
 - Impact of tightening debt market on financing options
 - Success in creating value through property renovations
 - Notable win in a recent portfolio deal
Are you a new multifamily investor looking to grow your portfolio but don't know where to start? Are you an existing multifamily investor looking to scale your business and master advanced topics such as capital structure, finding off-market deals, and establishing JV partnerships? Click here to learn more about 7-Day Multifamily, a program in which I teach investors the foundational skills they need to start and scale a multifamily portfolio rapidly.

Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.

Connect with Axel:
Follow him on Instagram
Connect with him on LinkedIn
Subscribe to our YouTube channel
Learn more about Aligned Real Estate Partners